Equity
€26.5m ▲ 7.6%
DEVOS GROUP has made a profit in every financial year since 2007.
DEVOS GROUP
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2005peak €80.0m (2025)
€80.0m▲ 1.3%
peak €4.4m (2023)
€1.9m▼ 48.4%
peak €26.5m (2025)
€26.5m▲ 7.6%
€37.7m▼ 12.0%
peak 46.9 FTE (2024)
45.6 FTE▼ 2.8%
Board6 names since 2004
4 directorsDEVOS,Pieter Steven and 3 others
Documentsfilings and deeds
14-04-202614 days late
2025financial year
Result from €3.6m to €1.9mTransfer proposal: DEVOS GROUP BV transfers a branch of activ… 15-10Investments €8.9mCash from €834,285 to €2.9m
Key points
from the 2025 annual accountsResult
€1.9m ▼ 48.4%
The result fell in 2025 from €3.6m to €1.9m.
Staff
42 employees on 31-08-2025
In 2025, 19 people joined and 27 left.
Payment terms
26 days to suppliers
DEVOS GROUP pays its suppliers 4 days earlier than in 2024. Customers pay 24 days earlier.
Filings
21 annual accounts since 2005
Four of the last ten came late. The 2024 accounts came latest: 122 days after the end of the period.
Restructuring
2025
Branch transferred to DEVOS-WOUTERS BV. Contribution on 10-12-2025.
Checked score
86
Excellent
Financially stronger than 46% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%lowest value
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.3%▲ +0.1 percentage points vs 02-2025
04-2025: 0.6%▲ +0.3 percentage points vs 03-2025
05-2025: 0.7%▲ +0.1 percentage points vs 04-2025
06-2025: 1.3%▲ +0.6 percentage points vs 05-2025
07-2025: 1.3%● unchanged vs 06-2025highest value
08-2025: 0.6%▼ -0.7 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.7%▲ +0.1 percentage points vs 01-2026
03-2026: 0.6%▼ -0.1 percentage points vs 02-2026
04-2026: 1.1%▲ +0.5 percentage points vs 03-2026
05-2026: 0.3%▼ -0.8 percentage points 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 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.70, cash €2.9m
Last filed accounts filed 14 days late; 1 of the last 3 accounts late
lowers risk
Founded in 2004
Size: turnover €80.0m, 45.6 FTE, total assets €64.2m
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 46, small). It does better than 48% of them on solvency, 26% on liquidity, 54% on profitability and 57% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-08-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as DEVOS GROUP has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEVOS GROUP itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 14,766 companies, not a prediction for DEVOS GROUP. 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.
Credit verdict
Credit of up to €2,250,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.7 (0.83 in 2024), below 1. Short-term debt is 54.9% and cash 4.5% of total assets. 58.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 14 days late
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 14-04-2026, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
14 days late
2024
122 days late
2023
16 days late
2022
31 days early
2021
20 days early
2020
33 days early
2019
33 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 5 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 14 April (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
31-08-2026 year end10-11-2026 today31-03-2027 deadline
Board and ownership
- DEVOS GROUP 3,144 sharesdeed of 25-02-2026
- FRUITHANDEL ROMAIN WOUTERS EN CO 1,348 sharesdeed of 25-02-2026
Shares in 6 companies, including Les Jardins de Thorin and Les Vergers de Thorin
Board & ownershipRecent changes
Environmental permit granted
Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Bekkevoort
Environmental permit granted
Bouwen of herbouwen, Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 1 more · Bekkevoort
Algemene Vergadering - Boekjaar
Gazette deed
Transfer: DEVOS GROUP transfers a branch of activity to DEVOS-WOUTERS
Issue of 1,572 shares · General meeting of 10-12-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEVOS GROUP Bekkevoort | €80.0m | 4.3% | 41.3% | 45.6 |
| VANDER ZIJPEN Asse | €68.6m | 0.5% | 19.4% | 42.4 |
| TADAL Brussels | €60.4m | 11.3% | 31.5% | 50.7 |
| AGRAFRESH Pittem | €36.8m | 2.7% | 16.0% | 46.5 |
| Wonderful Brands Ghent | €46.1m | 9.3% | 69.9% | 17.7 |
| Jacques Remy et Fils Charleroi | €131.2m | 2.7% | 28.4% | 73.1 |
| FLANDERS BEST Langemark-Poelkapelle | €126.1m | 3.6% | 93.5% | 143.1 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DEVOS GROUP: wholesale of fruit and vegetables, excluding potatoes (NACE 46319). They are comparable in size and age: total assets between €19m and €56m, founded between 1994 and 2007.
Official details
Source: KBO- Status
- Active since 13-09-2004Normal situation
- Activity
- Wholesale of fruit and vegetables, excluding potatoesNACE 46319and 8 others
- Joint committees
- 144Agriculture
- 145Horticulture
- 200Auxiliary committee for white-collar workers · annual accounts 31-08-2025
- Establishment units
- 2.139.490.7923460 Bekkevoort, since 01-10-2004
- 2.347.116.7203460 Bekkevoort, since 10-07-2023
- Financial year end
- 31 August
- Peppol
- Reachable since 15-07-2025
Annual accounts to 31-08-2025
- €64.2m▼ 4.8%
- Employeeson 31-08-2025
- 42▼ 16.0%
- Filing
- Filed on 14-04-2026
Companies linked to DEVOS GROUP
Subsidiaries and holdings
Insights on DEVOS GROUP
DEVOS GROUP has existed since 2004. In 2013 turnover rose from €8.4m to €21.5m.
Turnover has grown every year since 2021.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DEVOS GROUP
- What is the company number of DEVOS GROUP?
- The company number of DEVOS GROUP is 0867.270.070. The VAT number is the same number with BE in front: BE 0867.270.070.
- Where is DEVOS GROUP based?
- The registered office is at Eugeen Coolsstraat 66, 3460 Bekkevoort.Company details
- What does DEVOS GROUP do?
- According to the KBO register, the main activity is wholesale of fruit and vegetables, excluding potatoes (NACE 46319).
- What is the legal form of DEVOS GROUP?
- DEVOS GROUP is a private limited company (BV).
- When was DEVOS GROUP founded?
- DEVOS GROUP was founded on 13-09-2004.
- Is DEVOS GROUP still active?
- Yes, DEVOS GROUP is an active enterprise in the KBO register.
- How many employees does DEVOS GROUP have?
- DEVOS GROUP had an average of 45.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DEVOS GROUP fall under?
- In its 31-08-2025 annual accounts, DEVOS GROUP states joint committees 144 (Agriculture), 145 (Horticulture) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of DEVOS GROUP?
- The turnover of DEVOS GROUP was €80.0m in financial year 2025, according to the filed annual accounts.
- Is DEVOS GROUP profitable?
- In financial year 2025, DEVOS GROUP made a profit of €1.9m.
- Where can I find the annual accounts of DEVOS GROUP?
- DEVOS GROUP filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEVOS GROUP due?
- DEVOS GROUP must file the annual accounts for financial year 2026 by 31-03-2027.Timeline
Next steps
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