DEVOS AGRI
ActiveSummary
DEVOS AGRI has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of -€221,542. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 66% of 478 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-03-2000 Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classified NACE 28300and 3 others
- Joint committees
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 30-06-2025
- Establishment unit
- 2.156.184.096 8750 Wingene, since 21-09-2006
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- Pannaershoek NVDirector
Shareholders
- PANNAERSHOEK100%· score 9331-03-2026 annual accounts of PANNAERSHOEK
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts to 30-06-2025
- Gross margin
- €2.0m
- ▼ 18.4%
- Turnover
- ≈ €3.4m
- estimated
- Loss
- €221,542
- Equity
- €2.7m
- ▼ 13.1%
- Total assets
- €4.8m
- ▼ 3.4%
- Employees on 30-06-2025
- 29
- ▼ 23.7%
Score breakdownraises riskLoss of €221,542 (financial year 2025)Liquidity: current ratio 2.19, cash €314,304lowers riskFounded in 2000Equity €2.7m (56.7% of total assets)Show the evidence
Checked score
Score 2025
83
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 34% of small companies in machinery and equipment (NACE 28)
Financial strength · tick: 2024
Weak
Solvency
82-6
equity 56.7% of total assets
Liquidity
38-5
short-term debt 42.9% · cash 6.5%
Profitability
13-61
return on assets -4.6%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: 0.1%▲ +0.1 percentage points vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.2%▲ +0.1 percentage points vs 12-2025
02-2026: 0.3%▲ +0.1 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.19 (2.62 in 2024), above the usual 1.5. Short-term debt is 42.9% and cash 6.5% of total assets. 43.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, small). It does better than 69% of them on solvency, 37% on liquidity, 11% on profitability and 17% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 days early
2024
15 days early
2023
on the day
2022
on the day
2021
on the day
2020
3 days early
2019
93 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 20-01-2026 PDF all 25 filings
Turnover
≈ €3.4m
Estimated: probably between €2.3m and €5.5m
Total assets
€4.8m▼ 3.4%
2024 · €5.0m
Net result
-€221,542
2024 · €192,486
Working capital
€2.5m▼ 16.0%
2024 · €2.9m
In the rankings
#7 employer in Wingene, Manufacturing sector
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
-€255,581
2025
20192025
Net result
-€221,542
2025
lowest quarter of the sector
20192025
Equity
€2.7m
▼ 13.1%
2025
highest quarter of the sector
20192025
Total assets
€4.8m
▼ 3.4%
2025
highest quarter of the sector
20192025
Debt
€2.1m
▲ 13.3%
2025
20192025
Working capital
€2.5m
▼ 16.0%
2025
highest quarter of the sector
20192025
Solvency
56.7%
▼ 6.4pp
2025
middle half of the sector
20192025
Current ratio
2.19
▼ 0.43
2025
middle half of the sector
20192025
Return on assets (ROA)
-4.6%
▼ 8.5pp
2025
lowest quarter of the sector
20192025
Staff (FTE)
34.7
▲ 2.4%
2025
highest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.4m-€0.2m▼ 31.9%€0.4m▲ 70.4%€0.2m▼ 51.8%€1.2m▲ 495%€0.2m▼ 80.0%-€0.3m
Net result€0.2m-€0.2mwithin the sector's middle half▼ 25.4%€0.3mabove the sector's middle half▲ 87.4%€0.1mwithin the sector's middle half▼ 53.2%€0.9mabove the sector's middle half▲ 500%€0.2mwithin the sector's middle half▼ 77.9%-€0.2mbelow the sector's middle half
Equity€1.5m-€1.6mabove the sector's middle half▲ 11.4%€1.9mabove the sector's middle half▲ 19.0%€2.1mabove the sector's middle half▲ 7.5%€3.0mabove the sector's middle half▲ 41.8%€3.1mabove the sector's middle half▲ 6.5%€2.7mabove the sector's middle half▼ 13.1%
Total assets€3.4m-€3.4mabove the sector's middle half▲ 1.8%€3.7mabove the sector's middle half▲ 9.2%€4.0mabove the sector's middle half▲ 7.7%€4.7mabove the sector's middle half▲ 17.6%€5.0mabove the sector's middle half▲ 5.2%€4.8mabove the sector's middle half▼ 3.4%
Debt€1.9m-€1.8m▼ 5.7%€1.8m▲ 0.3%€2.0m▲ 8.0%€1.8m▼ 8.3%€1.8m▲ 3.0%€2.1m▲ 13.3%
Working capital€1.0m-€1.3mabove the sector's middle half▲ 28.7%€1.7mabove the sector's middle half▲ 30.7%€1.7mabove the sector's middle half▼ 1.8%€2.7mabove the sector's middle half▲ 56.2%€2.9mabove the sector's middle half▲ 9.6%€2.5mabove the sector's middle half▼ 16.0%
Solvency43.3%-47.5%within the sector's middle half▲ 4.1pp51.8%within the sector's middle half▲ 4.3pp51.7%within the sector's middle half▼ 0.1pp62.3%within the sector's middle half▲ 10.7pp63.1%within the sector's middle half▲ 0.8pp56.7%within the sector's middle half▼ 6.4pp
Current ratio1.56-1.77within the sector's middle half▲ 0.211.98within the sector's middle half▲ 0.221.88within the sector's middle half▼ 0.102.50within the sector's middle half▲ 0.622.62within the sector's middle half▲ 0.122.19within the sector's middle half▼ 0.43
Return on assets (ROA)6.6%-4.8%within the sector's middle half▼ 1.8pp8.3%within the sector's middle half▲ 3.5pp3.6%within the sector's middle half▼ 4.7pp18.4%above the sector's middle half▲ 14.8pp3.9%within the sector's middle half▼ 14.5pp-4.6%below the sector's middle half▼ 8.5pp
Staff (FTE)31.2-34.2above the sector's middle half▲ 9.6%39.4above the sector's middle half▲ 15.2%40.9above the sector's middle half▲ 3.8%35.7above the sector's middle half▼ 12.7%33.9above the sector's middle half▼ 5.0%34.7above the sector's middle half▲ 2.4%
above
within
below
The sector band is the middle half of the companies in Manufacture of machinery and equipment not elsewhere classified (NACE 28). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €255,581, after a profit of €235,079 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.8m
Fixed assets
€298,153 ▲ 14.7%
Current assets
€4.5m ▼ 4.4%
Equity and liabilities €4.8m
Equity
€2.7m ▼ 13.1%
Debt
€2.1m ▲ 13.3%
Debt's share of the balance-sheet total rises from 36.9% to 43.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€165,638▼
2024 · €331,667
Cash flow
-€131,599▼
2024 · €289,075
Quick ratio
1.03▼
2024 · 1.47
Debt to equity
0.76▲
2024 · 0.59
ROE
-8.1%▼
2024 · 6.1%
Interest coverage
-5.30▼
2024 · 10.12
Debt ≤ 1 year
€2.1m▲
2024 · €1.8m
Debt > 1 year
€11,395▲
2024 · €6,333
Income taxes
€626▼
2024 · €74,812
Staff costs
€2.1m▲
2024 · €2.0m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 43 | 33 | 38 | 29 |
| full-time | 42 | 32 | 37 | 27 |
| part-time | 1 | 1 | 1 | 2 |
| in full-time equivalents | 42.8 | 32.8 | 37.9 | 28.7 |
| Average over the year, in full-time equivalents | 40.9 | 35.7 | 33.9 | 34.7 |
| On a permanent contract | 26 | 25 | 25 | 21 |
| Joined | 50 | 32 | 34 | 34 |
| Left | 46 | 42 | 29 | 43 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Securities and guarantees
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €68,650 | - | - | - |
| Carrying value of the other pledged assets | €156,211 | - | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €304,500 | €77,525 | €49,524 | €238,868 |
| Intangible fixed assets | - | - | €14,210 | - |
| Depreciation and write-downs of the year | €147,574 | €159,418 | €96,589 | €89,943 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €1,593 awarded · €1,361 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €232 | €0 |
| 2024 | 1 | €506 | €506 |
| 2023 | 1 | €855 | €855 |
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €0.02m | - |
| Remuneration, social security and pensions62 | - | - | - | €1.9m | €1.9m | €2.0m | €2.1m | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | €0.09m | ▼ 6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.007m | €0.01m | ▲ 49.5% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.04m | €0.05m | ▲ 13.9% |
| Non-recurring operating charges66A | - | - | - | €280 | €0 | - | - | - |
| Gross operating margin9900 | €2.0m | €2.1m | €2.4m | €2.3m | €3.3m | €2.4m | €2.0m | ▼ 18.4% |
| Operating profit (loss)9901 | €0.4m | €0.2m | €0.4m | €0.2m | €1.2m | €0.2m | -€0.3m | - |
| Financial income75/76B | - | - | - | €0.04m | €0.03m | €0.06m | €0.07m | ▲ 1.4% |
| Recurring financial income75 | €0.02m | €0.03m | €0.03m | €0.04m | €0.03m | €0.06m | €0.07m | ▲ 1.4% |
| Financial charges65/66B | - | - | - | €0.03m | €0.04m | €0.03m | €0.03m | ▼ 4.6% |
| Recurring financial charges65 | €0.04m | €0.04m | €0.02m | €0.03m | €0.04m | €0.03m | €0.03m | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.2m | €0.4m | €0.2m | €1.2m | €0.3m | -€0.2m | - |
| Income taxes67/77 | €0.1m | €0.06m | €0.1m | €0.07m | €0.3m | €0.07m | €0.001m | ▼ 99.2% |
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.3m | €0.1m | €0.9m | €0.2m | -€0.2m | - |
| Transfer from tax-exempt reserves789 | - | - | - | €0.04m | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.2m | €0.3m | €0.2m | €0.9m | €0.2m | -€0.2m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €3.4m | €3.4m | €3.7m | €4.0m | €4.7m | €5.0m | €4.8m | ▼ 3.4% |
| Fixed assets21/28 | €0.5m | €0.4m | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | ▲ 14.7% |
| Intangible fixed assets21 | - | - | - | - | - | €0.01m | €0.01m | ▼ 23.0% |
| Tangible fixed assets22/27 | €0.5m | €0.4m | €0.2m | €0.4m | €0.3m | €0.2m | €0.3m | ▲ 16.6% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 15.3% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.1m | €0.08m | €0.1m | ▲ 60.0% |
| Leasing and similar rights25 | - | - | - | €0.04m | €0.003m | €0.009m | €0.02m | ▲ 91.7% |
| Assets under construction and advance payments27 | - | - | - | - | - | - | €0.01m | - |
| Current assets29/58 | €2.9m | €3.1m | €3.5m | €3.7m | €4.5m | €4.7m | €4.5m | ▼ 4.4% |
| Stocks and contracts in progress3 | €1.6m | €1.9m | €1.9m | €2.2m | €2.2m | €2.1m | €2.4m | ▲ 15.0% |
| Stocks30/36 | - | - | - | €2.2m | €2.2m | €2.1m | €2.4m | ▲ 15.0% |
| Amounts receivable within one year40/41 | €1.1m | €0.9m | €0.9m | €1.0m | €1.1m | €1.2m | €0.9m | ▼ 20.9% |
| Trade receivables40 | - | - | - | €1.0m | €1.1m | €1.0m | €0.7m | ▼ 36.1% |
| Other amounts receivable41 | - | - | - | €0.005m | €0 | €0.1m | €0.2m | ▲ 119% |
| Current investments50/53 | - | - | - | - | - | €1.1m | €0.9m | ▼ 20.0% |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.7m | €0.5m | €1.1m | €0.4m | €0.3m | ▼ 13.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.008m | €0.004m | ▼ 56.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €3.4m | €3.4m | €3.7m | €4.0m | €4.7m | €5.0m | €4.8m | ▼ 3.4% |
| Equity10/15 | €1.5m | €1.6m | €1.9m | €2.1m | €3.0m | €3.1m | €2.7m | ▼ 13.1% |
| Contributions10/11 | €0.02m | - | - | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 5.4% |
| Reserves13 | €0.04m | €0.04m | €0.04m | €0.002m | €0.002m | €0.002m | €0.002m | ▼ 5.4% |
| Distributable reserves133 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | ▼ 5.4% |
| Profit (loss) carried forward14 | €1.4m | €1.6m | €1.9m | €2.1m | €2.9m | €3.1m | €2.7m | ▼ 13.2% |
| Amounts payable17/49 | €1.9m | €1.8m | €1.8m | €2.0m | €1.8m | €1.8m | €2.1m | ▲ 13.3% |
| Amounts payable after more than one year17 | €0.05m | €0.06m | €0.03m | - | - | €0.006m | €0.01m | ▲ 79.9% |
| Financial debts170/4 | - | - | - | - | - | €0.006m | €0.01m | ▲ 79.9% |
| Amounts payable within one year42/48 | €1.9m | €1.7m | €1.8m | €2.0m | €1.8m | €1.8m | €2.1m | ▲ 14.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0 | €0.002m | €0.006m | ▲ 159% |
| Trade debts44 | €0.5m | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 48.2% |
| Suppliers440/4 | - | - | - | €0.3m | €0.2m | €0.2m | €0.1m | ▼ 48.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 0.2% |
| Taxes450/3 | - | - | - | €0.2m | €0.1m | €0.04m | €0.06m | ▲ 70.9% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | ▼ 9.1% |
| Other amounts payable47/48 | - | - | - | €1.2m | €1.2m | €1.2m | €1.6m | ▲ 30.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.006m | €0.03m | €0.008m | ▼ 74.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.3m | €0.1m | €0.9m | €0.2m | -€0.2m | - |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | €0.09m | ▼ 6.9% |
| Operating cash flow (approximation) | €0.4m | €0.4m | €0.5m | €0.3m | €1.0m | €0.3m | -€0.1m | - |
| Investment in fixed assets (approximation) | - | -€0.1m | -€0.03m | -€0.3m | -€0.08m | -€0.06m | -€0.1m | ▼ 101% |
| Change in cash | - | €0.07m | €0.3m | -€0.2m | €0.7m | -€0.8m | -€0.05m | ▲ 94.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as DEVOS AGRI has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
94.1%
was still going
5.2%
stopped otherwise
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEVOS AGRI itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for DEVOS AGRI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 20-01-2026 | 2026-00010462 | |
| 30-06-2024 | abbreviated format | 16-01-2025 | 2025-00006336 | |
| 30-06-2023 | abbreviated format | 31-01-2024 | 2024-00014707 | |
| 30-06-2022 | abbreviated format | 31-01-2023 | 2023-00013641 | |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-02800360 | |
| 30-06-2020 | abbreviated format | 28-01-2021 | 2021-02500399 | |
| 30-06-2019 | abbreviated format | 30-10-2019 | 2019-71800371 | |
| 30-06-2018 | abbreviated format | 06-12-2018 | 2018-73700152 | |
| 30-06-2017 | abbreviated format | 30-10-2017 | 2017-68000331 | |
| 30-06-2016 | abbreviated format | 02-12-2016 | 2016-69000292 |
Board & ownership
Directors
Directors
1 director
Pannaershoek NV
Current
Director · Legal entity · listed in the 2025 annual accounts, filed on 20-01-2026
Owners and capital
Shareholders
1 ownerChain of control
- PANNAERSHOEK
- DEVOS AGRI
Owners 1
- PANNAERSHOEKparentEquity €22.5m Profit of €981,133 in 2026 (profit of €4.1m in 2025) Checked score 93100%
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 24-02-2025 ↗
- PANNAERSHOEK all shares
Network & group
Acquisitions and mergers
1 transactionSplit off to:DEVOS PLAATBEWERKINGEN
Companies at the same address
6 other companies- Groep Devos Registered office · since 2013 0537387621
- DEVOS INDUSTRIE Registered office · since 2013 0533870380
- LIEVEN DEVOS Registered office · since 2013 0533869093
- DEVOS IM AP Registered office · since 2013 0533870875
- PANNAERSHOEK Registered office · since 2012 0508928118
- DEVOS PLAATBEWERKINGEN Registered office · since 1991 0444869813
Connections & network
1 current directorThe network starts from the directors of DEVOS AGRI. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
20-01
abbreviated format · 11 days before the deadline
2025
30-06
Financial
Weakest financial yearnet -€221,542
The net result drops to -€221,542, the lowest from 2019 to 2025.
17-04
Gazette deed
Demerger: DEVOS AGRI splits off to DEVOS PLAATBEWERKINGENAuditor report · Power of attorney12 points ▸
Gazette deed
Demerger: DEVOS AGRI splits off to DEVOS PLAATBEWERKINGEN
Auditor report · Power of attorney12 points ▸
- General meeting, 31-03-2025
- Other provision, “verzaking aan mededeling belangrijke wijziging activa en passiva”, 31-03-2025 (deed in Dutch)
- Other provision, “kosteloos afschrift voor aandeelhouders, kennisname en bespreking voorstel tot partiële splitsing” (deed in Dutch)
- Other provision, “uitdrukkelijke stemming in algemene vergadering, afstand splitsingsverslaggeving” (deed in Dutch)
- Other provision, “kennisname en bespreking verslag raad van bestuur inbreng in natura, artikelen 7:179 §1 juncto 7:197 §1 WVV” (deed in Dutch)
- Auditor report, EUR, “Norm bedrijfsrevisor inbreng in natura en quasi-inbreng” (deed in Dutch)
- Auditor report, “beoordeling boekhoudkundige en financiële gegevens in speciaal verslag bestuursorgaan, uitgifte van aandelen” (deed in Dutch)
- Auditor report, “no fairness opinion, artikel 7:197,§1 WVV” (deed in Dutch)
- Auditor report, “overige aangelegenheid laattijdigheid, geen wezenlijke invloed op opdracht” (deed in Dutch)
- Demerger, “partiële splitsing door overneming”, EUR (deed in Dutch)
- Power of attorney
- Power of attorney, Charles Vanbeylen
24-02
Gazette deed
Demerger proposal: DEVOS AGRI splits off to DEVOS PLAATBEWERKINGENAppointment: CALLENS VANDELANOTTE (statutory auditor) · Share issue · Accounting effect11 points ▸
Gazette deed
Demerger proposal: DEVOS AGRI splits off to DEVOS PLAATBEWERKINGEN
Appointment: CALLENS VANDELANOTTE (statutory auditor) · Share issue · Accounting effect11 points ▸
- Other provision, 0.06777229056, “ruilverhouding partiele splitsing” (deed in Dutch)
- Share issue, “aandelen op naam”, 68 (deed in Dutch)
- Other provision, “deelneming nieuwe aandelen in bedrijfsresultaat en winst”, 01-01-2025 (deed in Dutch)
- Accounting effect, 01-01-2025
- Other provision, “bijzondere rechten en andere effecten dan aandelen” (deed in Dutch)
- Other provision, “niet-toepassing artikel 12:62 WVV, artikel 12:62 Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Auditor appointment, CALLENS VANDELANOTTE (statutory auditor)
- Other provision, “bijzondere voordelen bestuursorganen, bestuursorganen Partieel Te Splitsen Vennootschap en Verkrijgende Vennootschap” (deed in Dutch)
- PANNAERSHOEK holds all the shares
- Demerger, “partiële splitsing door overneming, ter goedkeuring voorgelegd aan algemene vergadering van aandeelhouders van betrokken vennootschappen” (deed in Dutch)
- Transfer of a branch of activity or universality, “branch of activity”, 79770.76 (deed in Dutch)
16-01
abbreviated format · 15 days before the deadline
2024
31-01
abbreviated format · on the deadline day
2023
30-06
Financial
Highest result from 2019 to 2025net €872,055 ▲500%
The operating result of €1.2m and the net result of €872,055 are both a record.
31-01
abbreviated format · on the deadline day
2022
30-06
Financial
Equity above €2mequity €2.1m ▲7.5%
With a profit in every financial year since 2019, equity grows to €2.1m.
31-01
abbreviated format · on the deadline day
2021
28-01
abbreviated format · 3 days before the deadline
2019
30-10
abbreviated format · 93 days before the deadline
Show earlier events
2018
06-12
abbreviated format · 56 days before the deadline
2017
30-10
abbreviated format · 93 days before the deadline
2016
02-12
abbreviated format · 60 days before the deadline
2000
23-03
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
DEVOS AGRI in Dutch
Enterprise number
0471.418.317
Legal form
Private limited company
Status
Active, normale toestand
Founded
14-03-2000
Entity type
Legal entity
Registered office and establishments
Registered office
Ruddervoordestraat 30, 8750 Wingene, Belgium
Establishment unit
DEVOS AGRI, Hille-Zuid 12, 8750 Wingene since 21-09-2006 · unit number 2.156.184.096
Activities
NACEBEL 2025VAT activities
28300
Manufacture of machinery and equipment not elsewhere classified main activity
25530
Machining of metals
47811
Retail sale of cars and light vans (up to 3.5 tonnes)
47812
Retail trade
Social security (RSZ) activities
28300
Manufacture of machinery and equipment not elsewhere classified main activity
Codes under NACEBEL 2008
VAT activities
28300
Manufacture of machinery and equipment not elsewhere classified main activity
25620
Manufacture of fabricated metal products, except machinery and equipment
45113
45193
Social security (RSZ) activities
28300
Manufacture of machinery and equipment not elsewhere classified main activity
Codes under NACEBEL 2003
VAT activities
29321
main activity
Social security (RSZ) activities
29321
main activity
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid annual accounts 30-06-2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 24-02-2025 (in Dutch)
“De vervaardiging, de verkoop, zowel in groot- als in kleinhandel, de in- en uitvoer, de consignatie, de distributie, het verhuren van…”
9 activities
- De vervaardiging, de verkoop, zowel in groot- als in kleinhandel, de in- en uitvoer, de consignatie, de distributie, het verhuren van machines en alle toebehoren, van landbouwmaterialen van welke aard ook, onderdelen, bijhorigheden en nevenproducten, snuisterijen en fantasieartikelen, huishoudartikelen, alsook het uitbaten van een landbouwbedrijf, het uitvoeren van landbouwwerken, grond- en tuinbouwwerken, alsook het onderhouden en herstellen en het presteren van alle mogelijke diensten die kunnen verband houden met wat voorafgaat, alles in de ruimste zin van het woord, en dit zo voor eigen rekening als voor rekening van derden.
- De verwezenlijking van alle commerciële activiteiten, zowel in het groot als in het klein, van roerende en onroerende aard, die rechtstreeks of onrechtstreeks verband houden met horeca-uitbating, de catering, de inrichting van feestelijkheden, volksspelen, musea, tentoonstellingen en demonstraties ter bevordering van sport, cultuur en vrije tijd, het verzorgen en uitgeven van publicaties, de sponsoring en het verstrekken van administratieve prestaties.
- Het organiseren van markten, in de meest ruime zin van het woord, en van alle verrichtingen die nodig of nuttig zijn om dit voorwerp te verwezenlijken.
- Het beheren van de onroerende goederen die deel uitmaken van het vermogen van de vennootschap, hun verhuring, hun uitbating, hypotheekverlening voor eigen rekening of voor rekening van derden, alsook het aankopen en verkopen van onroerende goederen, handelsfondsen, vergunningen en fabrieksmerken; het in huur nemen en het ruilen van soortelijke goederen; dit alles met uitzondering van de uitoefening van activiteiten als makelaar.
- De vennootschap mag voor eigen rekening of voor rekening van derden, alle commerciële, industriële, financiële, burgerlijke, roerende en onroerende handelingen of verrichtingen doen, die haar het best lijken om rechtstreeks of onrechtstreeks haar voorwerp te realiseren of de realisatie ervan te bevorderen of te vergemakkelijken.
- Zij mag onder om het even welke vorm samenwerken of samensmelten in België of in het buitenland met bestaande of nog op te richten vennootschappen, waarvan het voorwerp gelijkaardig of verwant is, of van aard de realisatie van haar eigen voorwerp te bevorderen of te vergemakkelijken.
- De algemene vergadering van de aandeelhouders, beraadslagend en stemmend in de voorwaarden vereist voor een doelwijziging, kan het voorwerp uitleggen, verklaren en uitbreiden.
- De vennootschap mag haar voorwerp verwezenlijken, zo in België als in het buitenland, op alle wijzen en manieren die zij best geschikt achten.
- Dit alles in de meest ruime zin.
Invoicing and payment
VAT number
BE 0471.418.317
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Recognitions · licences · registrations
Dual-learning approval
3 endedHoeknaadlasser (so)
Lasser MIG/MAG (so)
Plaatlasser (so)
Environmental permits
1 application in Flanders since 2023 · 1 granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the addresses
Ground area
2.6 ha
Building footprint
4,588 m²
Building volume
40,873 m³
Tallest building: 11.2 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37019C0244/00D000 | Flanders | 2.2 ha | 1 · 4,383 m² | 11.2 m · 3 |
| 37019A0362/00F000 | Flanders | 4,463 m² | 1 · 205 m² | 7.7 m · 1 |