Devos Industry
ActiveThe file of Devos Industry contains 2 historical bankruptcy publications, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is 0.7% (low). The 2025 annual accounts show negative equity (-€144,387) and a net result of €73,257. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 2,332 sector peers (NACE 25, financial year 2025).
Overview
Official details
Source: KBO- Status
- Active since 17-02-2016 Normal situation
- Activity
- Manufacture of metal structures and parts of structures NACE 25110and 4 others
- Joint committee
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw · annual accounts 2023
- Establishment unit
- 2.250.240.147 8680 Koekelare, since 17-02-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €123,288
- ▼ 11.5%
- Turnover
- ≈ €310,000
- estimated
- Profit
- €73,257
- ▼ 19.8%
- Equity
- -€144,387
- ▲ 33.7%
- Total assets
- €316,693
- ▼ 10.1%
- Negative equity on 31-12-2025
- 2025 accounts filed 25 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€144,387Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskSize: total assets €316,693Liquidity: current ratio 0.57, cash €97,120Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 25, micro). It does better than 3% of them on solvency, 26% on liquidity, 87% on profitability and 81% 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).
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Signals
The company filed its last 7 accounts on average 131 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Legal-form change
- · Bankruptcy Bankruptcy reversalEnterprise Court of Ghent, Ostend division · judgment of 21-03-2022
- · Bankruptcy Bankruptcy declaredEnterprise Court of Ghent, Ostend division · judgment of 14-02-2022
Comparable companies
These companies have the same main activity as Devos Industry: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €286,000 and €386,000, founded between 2013 and 2017.
| Company | Total assets | Gross margin |
|---|---|---|
| Devos Industry Koekelare | €316,693 | €123,288 |
| FER&NOX Evere | €345,977 | €121,698 |
| ARSTEY Nazareth-De Pinte | €386,393 | €136,667 |
| GDN Automation Lokeren | €294,390 | €136,564 |
| LWS Putte | €295,665 | €92,118 |
| DEWULF CONSTRUCT Koekelare | €290,637 | €202,428 |
| Equipment Repair Lameire Damme | €285,842 | €162,375 |
Key facts about Devos Industry
- What is the company number of Devos Industry?
- The company number of Devos Industry is 0648.740.651. The VAT number is the same number with BE in front: BE 0648.740.651.
- Where is Devos Industry based?
- The registered office is at Moervijverweg 14, 8680 Koekelare.Company details
- What does Devos Industry do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of Devos Industry?
- The legal form of Devos Industry is Private limited company (BV).
- When was Devos Industry founded?
- Devos Industry was founded on 17-02-2016.
- Is Devos Industry still active?
- Yes, Devos Industry is an active enterprise in the KBO register.
- How many employees does Devos Industry have?
- Devos Industry had an average of 0.2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does Devos Industry fall under?
- In its 2023 annual accounts, Devos Industry states joint committee 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw).
- What is the turnover of Devos Industry?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €123,288 and 2,215 comparable companies of the same size. It probably lies between €210,000 and €480,000. It is a rough estimate.
- Is Devos Industry profitable?
- In financial year 2025, Devos Industry made a profit of €73,257.
- Where can I find the annual accounts of Devos Industry?
- Devos Industry filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Devos Industry due?
- Devos Industry must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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