Equity
€2.7m ▲ 13.0%
DEVOS INDUSTRIE has made a profit without a break since 2020.
DEVOS INDUSTRIE
Lifetime
13 annual accounts with figures on one time axispeak €930,976 (2025)
€930,976▲ 0.8%
lowest -€79,385 (2016)
€307,396▼ 13.2%
peak €2.7m (2025)
€2.7m▲ 13.0%
€5.2m▼ 3.2%
Board3 names since 2013
1 directorPANNAERSHOEK
Owners
100%PANNAERSHOEK
Documentsfilings and deeds
28-01-202692 days before the deadline
2025abbreviated format
Equity from €2.4m to €2.7mCash from €441,283 to €1.2m
Key points
from the 2025 annual accountsTurnover
≈ €1.0m estimated
The abbreviated format states no turnover.
Filings
13 annual accounts since 2013
Two of the last ten came late. The 2021 accounts came latest: 9 days after the end of the period.
At the same address
6 companies
Board
2 joined
New directors. Latest change 01-07-2026 · 3 in office.
Position in the sector
€307,396
Higher net result than 90% of companies in real estate. Sector median €9,997 · 11,290 companies.
Checked score
95
Excellent
Financially stronger than 61% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025highest value
05-2025: < 0.1%▼ -0.1 percentage points 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: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
lowers risk
Size: total assets €7.8m
Figures for financial year 2025 (filed on 29-01-2026)
Liquidity: current ratio 0.45, cash €1.2m
Sector: Real estate activities (NACE 68)
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 68, small). It does better than 54% of them on solvency, 33% on liquidity, 81% on profitability and 75% 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 30-09-2025.
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, 544 companies had the same profile as DEVOS INDUSTRIE has now. Each dot stands for 2 companies, two years later.
93.6%
were still trading
5.9%
stopped another way
0.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEVOS INDUSTRIE itself: < 0.1% 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 544 companies, not a prediction for DEVOS INDUSTRIE. 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 €250,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.45 (0.39 in 2024), below 1. Short-term debt is 57.3% and cash 14.7% of total assets. 66% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-01-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 days early
2024
28 days early
2023
6 days early
2022
9 days late
2021
9 days late
2020
32 days early
2019
1 day 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 20 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 25 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Board and ownership
- PANNAERSHOEK 100%score 93equity €22.5m (2026) · 31-03-2026 annual accounts of PANNAERSHOEK
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0533870380
2 directors appointed
ISL (managing director) and Tromiluss (managing director) · Permanent representatives: Isabelle DEVOS and Lieven DEVOS · General meeting of 01-07-2026 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Wingene
Demerger: DEVOS PLAATBEWERKINGEN splits off to DEVOS INDUSTRIE
Capital contribution of €1,302,166.22 · Contribution: DEVOS PLAATBEWERKINGEN · Appointment: PANNAERSHOEK (director) · General meeting of 26-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEVOS INDUSTRIE Wingene | €7.8m | €0.9m | 34.0% | - |
| VDD Company Deerlijk | €7.6m | €0.8m | 38.6% | - |
| LA CLICHERIE BRUXELLOISE Anderlecht | €7.8m | €0.8m | 8.6% | - |
| GMD Langemark-Poelkapelle | €8.5m | €0.7m | 0.7% | - |
| DHP CONCRETE Oostkamp | €9.5m | €1.2m | 55.7% | 11.2 |
| KAPCA Lokeren | €6.7m | €0.8m | 3.3% | - |
| THE CUBE Woluwe-Saint-Lambert | €6.2m | €0.9m | 25.9% | - |
These companies have the same main activity as DEVOS INDUSTRIE: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €6.2m and €9.5m, founded between 2010 and 2016.
Official details
Source: KBO- Status
- Active since 30-04-2013Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Establishment unit
- 2.219.660.1068750 Wingene, since 02-05-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-09-2025
- €7.8m▲ 1.8%
- Filing
- Filed on 28-01-2026, 92 days before the end of the filing period
Insights on DEVOS INDUSTRIE
DEVOS INDUSTRIE files the abbreviated format. That format states no turnover. The gross margin rose from €56,640 in 2013 to €930,976 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets.
PANNAERSHOEK holds all the shares. In October 2026, the Official Gazette published the appointment of ISL as managing director.
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 INDUSTRIE
- What is the company number of DEVOS INDUSTRIE?
- The company number of DEVOS INDUSTRIE is 0533.870.380. The VAT number is the same number with BE in front: BE 0533.870.380.
- Where is DEVOS INDUSTRIE based?
- The registered office is at Ruddervoordestraat 30, 8750 Wingene.Company details
- What does DEVOS INDUSTRIE do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of DEVOS INDUSTRIE?
- DEVOS INDUSTRIE is a private limited company (BV).
- When was DEVOS INDUSTRIE founded?
- DEVOS INDUSTRIE was founded on 30-04-2013.
- Is DEVOS INDUSTRIE still active?
- Yes, DEVOS INDUSTRIE is an active enterprise in the KBO register.
- What is the turnover of DEVOS INDUSTRIE?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €930,976 and 38 comparable companies (NACE 68201). It probably lies between €930,000 and €1.2m.Financials
- Is DEVOS INDUSTRIE profitable?
- In financial year 2025, DEVOS INDUSTRIE made a profit of €307,396.
- Where can I find the annual accounts of DEVOS INDUSTRIE?
- DEVOS INDUSTRIE filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEVOS INDUSTRIE due?
- DEVOS INDUSTRIE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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