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DEVOS AGRO

Active
Private limited companyfounded 2024active for 2 yearsEugeen Coolsstraat 66, 3460 Bekkevoort, BelgiumKBO/BCE: BE 1006.914.438
Summary

DEVOS AGRO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,974 and a net result of €974. Its solvency ranks better than 10% of 2,073 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 08-03-2024 Normal situation
Activity
Support activities for crop production NACE 01610and 3 others
Establishment units
2.357.766.132 3450 Geetbets, since 08-03-2024
2.357.766.231 3460 Bekkevoort, since 08-03-2024
Financial year end
31 December
Peppol
Reachable since 15-07-2025

Board and ownership

Board
and 2 others

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€1.2m
Turnover
≈ €2.0m
estimated
Profit
€974
Equity
€25,974
Total assets
€2.5m
Staff
≈ 5.8 FTE
estimated
Score breakdownraises riskLiquidity: current ratio 0.14, cash €23,444lowers riskSize: total assets €2.5mSector: Crop and animal production, hunting and related service activities (NACE 01)Figures for financial year 2025 (filed on 15-07-2026)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 15% of small companies in crop and animal production (NACE 01)
Financial strength
Weak
Solvency 26
equity 1.0% of total assets
Liquidity 1
short-term debt 98.1% · cash 0.9%
Profitability 69
return on assets 0.0%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (908 companies, NACE 01, small)
Last 24 months 04-2025: 0.5% 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.8%▲ +0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026highest value 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.14, below 1. Short-term debt is 98.1% and cash 0.9% of total assets. 99% 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 01, small). It does better than 6% of them on solvency, 3% on liquidity and 35% on profitability.

The bankruptcy probability was computed on 02-11-2026 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Figures for financial year 2025 (filed on 15-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.14, cash €23,444
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2073 sector peers (2025).
NBB · sector comparison
Position among 2073 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 15-07-2026 at the NBB

Turnover
≈ €2.0m
Estimated: probably between €1.4m and €3.3m
Total assets
€2.5m
Net result
€974
Working capital
-€2.1m

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
Assets €2.5m
Fixed assets €2.2m
Current assets €357,571
Equity and liabilities €2.5m
Equity €25,974
Debt €2.5m
Debt's share of the balance-sheet total is 99.0%.
Key figures and ratios
2025 value
EBITDA
€848,994
Cash flow
€764,152
Current ratio
0.14
Quick ratio
0.08
Debt to equity
96.51
ROE
3.8%
ROA
0.0%
Interest coverage
10.04
Debt ≤ 1 year
€2.5m
Income taxes
€244
Staff costs
€315,000

Investments

fixed assets acquired
Item2025
Tangible fixed assets€2.9m
Depreciation and write-downs of the year€763,177

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€2.5m
Fixed assets21/28€2.2m
Tangible fixed assets22/27€2.2m
Plant, machinery and equipment23€0.9m
Furniture and vehicles24€1.3m
Current assets29/58€0.4m
Stocks and contracts in progress3€0.1m
Stocks30/36€0.1m
Amounts receivable within one year40/41€0.2m
Trade receivables40€0.2m
Cash at bank and in hand54/58€0.02m
Equity and liabilities
Total equity and liabilities10/49€2.5m
Equity10/15€0.03m
Contributions10/11€0.03m
Reserves13€0.001m
Distributable reserves133€0.001m
Amounts payable17/49€2.5m
Amounts payable within one year42/48€2.5m
Current portion of amounts payable after more than one year42€0.08m
Trade debts44€0.04m
Suppliers440/4€0.04m
Taxes, remuneration and social security45€0.02m
Taxes450/3€0.02m
Other amounts payable47/48€2.3m
Accrued charges and deferred income492/3€0.02m
Income statement Code2025
Remuneration, social security and pensions62€0.3m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.8m
Other operating charges640/8€0.001m
Gross operating margin9900€1.2m
Operating profit (loss)9901€0.09m
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€0.08m
Recurring financial charges65€0.08m
Profit (loss) for the period before taxes9903€0.001m
Income taxes67/77€244
Profit (loss) for the period9904€0.001m
Profit (loss) for the period to be appropriated9905€0.001m
Appropriation of the result
Profit (loss) to be appropriated9906€0.001m
Transfer to equity691/2€0.001m
To other reserves6921€0.001m

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 15-07-2026.

Line2025
Remuneration, social security and pensions62€0.3m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.8m
Other operating charges640/8€0.001m
Gross operating margin9900€1.2m
Operating profit (loss)9901€0.09m
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€0.08m
Recurring financial charges65€0.08m
Profit (loss) for the period before taxes9903€0.001m
Income taxes67/77€244
Profit (loss) for the period9904€0.001m
Profit (loss) for the period to be appropriated9905€0.001m
Line2025
Assets
Total assets20/58€2.5m
Fixed assets21/28€2.2m
Tangible fixed assets22/27€2.2m
Plant, machinery and equipment23€0.9m
Furniture and vehicles24€1.3m
Current assets29/58€0.4m
Stocks and contracts in progress3€0.1m
Stocks30/36€0.1m
Amounts receivable within one year40/41€0.2m
Trade receivables40€0.2m
Cash at bank and in hand54/58€0.02m
Equity and liabilities
Total equity and liabilities10/49€2.5m
Equity10/15€0.03m
Contributions10/11€0.03m
Reserves13€0.001m
Distributable reserves133€0.001m
Amounts payable17/49€2.5m
Amounts payable within one year42/48€2.5m
Current portion of amounts payable after more than one year42€0.08m
Trade debts44€0.04m
Suppliers440/4€0.04m
Taxes, remuneration and social security45€0.02m
Taxes450/3€0.02m
Other amounts payable47/48€2.3m
Accrued charges and deferred income492/3€0.02m
Line2025
Profit (loss) for the period9904€974
+ Depreciation and write-downs630€763,177
Operating cash flow (approximation)€764,152

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 1,514 companies had the same profile as DEVOS AGRO has now. Two years later, 95.7% were still going and 2.4% had gone bankrupt.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
95.7% was still going
1.6% stopped otherwise
2.4% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DEVOS AGRO itself is lower: 0.2% within 12 months. It rests on far more data about DEVOS AGRO than the profile alone.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,514 companies, not a prediction for DEVOS AGRO. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 15-07-2026 2026-00302118 PDF

Board & ownership

Directors

Directors
5 directors, no change since 2024
DEVOS,Pieter Steven
Director (not named in the articles) · since 08-03-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 15-07-2026
Current
DEVOS,Stefaan Octaaf Louis
Director (not named in the articles) · since 08-03-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 15-07-2026
Current
DEVOS,Wouter Jan
Director (not named in the articles) · since 08-03-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 15-07-2026
Current
THEUNIS,Martine Maria
Director (not named in the articles) · since 08-03-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 15-07-2026
Current
VANHUMBEECK,Kaisia Julie
Director (not named in the articles) · since 08-03-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 15-07-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 13. Vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als…”
deed of 12-03-2024

Owners and capital

Shareholders

At incorporation act of 12-03-2024 ↗

Capital transactions

Capital over time
  1. 12-03-2024 Incorporation · €5,000
  2. 12-03-2024 Incorporation · 250 shares

Mandate history

5 people, 5 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DEVOS,Pieter Steven
  • Director (not named in the articles), appointed in the act of 12-03-2024, still in office
DEVOS,Stefaan Octaaf Louis
  • Director (not named in the articles), appointed in the act of 12-03-2024, still in office
DEVOS,Wouter Jan
  • Director (not named in the articles), appointed in the act of 12-03-2024, still in office
THEUNIS,Martine Maria
  • Director (not named in the articles), appointed in the act of 12-03-2024, still in office
VANHUMBEECK,Kaisia Julie
  • Director (not named in the articles), appointed in the act of 12-03-2024, still in office
See the board, name and registered office on a given date →

Articles of association

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Vereffenaars aanduiden bevoegdheden omlijnen vergoeding bepalen, bestuurder(s) in functie indien geen andere benoemd”

Articles of association, deed of 12-03-2024 (in Dutch)

Network & group

DEVOS AGRO shares no director with another company.

Companies at the same address

5 other companies

Connections & network

5 current directors
Depth

The network starts from the directors of DEVOS AGRO. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
15-07
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 16 days before the deadline
2024
12-03
Gazette deed Incorporation
Starting capital €5,000 · Appointments: DEVOS,Pieter Steven, DEVOS,Stefaan Octaaf Louis and 3 others · Founder33 points ▸
  • Founder, DEVOS,Stefaan Octaaf Louis (vennoot van de maatschap devos stefaan,devos wouter,theunis martine)
  • Founder, DEVOS,Pieter Steven (vennoot van de maatschap devos stefaan,devos wouter,theunis martine)
  • Founder, DEVOS,Wouter Jan (vennoot van de maatschap devos stefaan,devos wouter,theunis martine)
  • Founder, THEUNIS,Martine Maria (vennoot van de maatschap devos stefaan,devos wouter,theunis martine)
  • Founder, DEVOS FRUIT K
  • Founder, DEVOS FRUIT
  • Founder, DEVOS FRUIT SD
  • Founder, DEVOS FRUIT MT
  • Director in office, VANHUMBEECK Kaisa (manager)
  • Director in office, DEVOS,Wouter Jan (manager)
  • Director in office, DEVOS,Stefaan Octaaf Louis (manager)
  • Director in office, THEUNIS,Martine Maria (manager)
  • The act holds 21 more points.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name DEVOS AGRO in Dutch
Enterprise number 1006.914.438
Legal form Private limited company
Status Active, normale toestand
Founded 08-03-2024
Entity type Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, oprichting administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel…”
deed of 12-03-2024 (in Dutch)

Registered office and establishments

Registered office Eugeen Coolsstraat 66, 3460 Bekkevoort, Belgium
Establishment units DEVOS AGRO, Bergenstraat 17 X, 3450 Geetbets since 08-03-2024 · unit number 2.357.766.132
DEVOS AGRO, Eugeen Coolsstraat 66, 3460 Bekkevoort since 08-03-2024 · unit number 2.357.766.231

Activities

NACEBEL 2025
01610 Support activities for crop production main activity
01630 Crop and animal production, hunting and related service activities
33120 Repair and maintenance of machinery
77310 Rental and leasing activities
Codes under NACEBEL 2008
01610 Support activities for crop production main activity
01630 Crop and animal production, hunting and related service activities
33120 Repair, maintenance and installation of machinery and equipment
77310 Rental and leasing activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Ondersteunende activiteiten in verband met teelt van gewassen; Activiteiten met betrekking tot gewassen na de oogst; Verhuur van…”
4 activities
  1. Ondersteunende activiteiten in verband met teelt van gewassen
  2. Activiteiten met betrekking tot gewassen na de oogst;
  3. Verhuur van landbouwmachines en -werktuigen;
  4. Herstellen en onderhouden van machines en -werktuigen.
deed of 12-03-2024 (in Dutch)

Invoicing and payment

VAT number BE 1006.914.438
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1006914438
Registered 15-07-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 11:00
deed of 12-03-2024 (in Dutch)

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Bekkevoortunit number 2.357.766.231
1 permission
Loonwerker - gebruik en opslag gewasbeschermingsmiddelen · since 08-03-2024
Geetbetsunit number 2.357.766.132
1 permission
Loonwerker - gebruik en opslag gewasbeschermingsmiddelen · since 08-03-2024

Sites & property

Location
registered office establishment All 2 establishment units on the map
6 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
6.1 ha
Building footprint
8,555 m²
Building volume
57,538 m³
Tallest building: 11.2 m.
Cadastral parcel Region Area Buildings Height / floors
24008H0344/00G003 Flanders 6.1 ha 1 · 8,266 m² 11.2 m · 2
24028F0182/00G000 Flanders 962 m² 1 · 289 m² 8.0 m · 2