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DEVOS WIM

Active
Private limited companyfounded 2000active for 26 yearsGeneraal Baron Jacquesstraat(D) 64, 8600 Diksmuide, BelgiumKBO/BCE: BE 0471.947.857
Summary

DEVOS WIM has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173,865 and a net result of €32,716. Equity is growing by about 20% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€173,865▼ 5.5%
2024 · €184,005
Total assets
€214,322▼ 0.9%
2024 · €216,262
Net result
€32,716▲ 11.0%
2024 · €29,469
Working capital
€126,000▼ 4.8%
2024 · €132,403
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 10% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€49,891 2025 Net result€32,716 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€2,568-€6,478€37,288▲ 476%€93,668▲ 151%-€18,393€32,139€45,410▲ 41.3%€49,891▲ 9.9%
Net result-€5,236-€3,326€25,853▲ 677%€63,353▲ 145%-€18,657€23,233€29,469▲ 26.8%€32,716▲ 11.0%
Equity€57,429-€60,755▲ 5.8%€86,608▲ 42.6%€149,961▲ 73.1%€131,304▼ 12.4%€154,537▲ 17.7%€184,005▲ 19.1%€173,865▼ 5.5%
Total assets€97,602-€93,000▼ 4.7%€108,076▲ 16.2%€201,199▲ 86.2%€172,430▼ 14.3%€173,062▲ 0.4%€216,262▲ 25.0%€214,322▼ 0.9%
Debt€40,174-€32,245▼ 19.7%€21,467▼ 33.4%€51,237▲ 139%€41,126▼ 19.7%€18,525▼ 55.0%€32,257▲ 74.1%€40,457▲ 25.4%
Working capital-€4,491--€4,541▼ 1.1%€26,031€92,276▲ 254%€76,511▼ 17.1%€100,687▲ 31.6%€132,403▲ 31.5%€126,000▼ 4.8%
Staff (FTE)0.8-0.8=0.3▼ 62.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €214,322
Fixed assets €47,865 ▼ 7.2%
Current assets €166,457 ▲ 1.1%
Equity and liabilities €214,322
Equity €173,865 ▼ 5.5%
Debt €40,457 ▲ 25.4%
Debt's share of the balance-sheet total rises from 14.9% to 18.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€53,629▲
2024 · €48,853
Cash flow
€36,454▲
2024 · €32,912
Current ratio
4.11▼
2024 · 5.10
Debt to equity
0.23▲
2024 · 0.18
ROE
18.8%▲
2024 · 16.0%
ROA
15.3%▲
2024 · 13.6%
Interest coverage
45.16▲
2024 · 29.29
Debt ≤ 1 year
€40,457▲
2024 · €32,257
Income taxes
€15,987▲
2024 · €14,403
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,373 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€216,262€214,322▼
Fixed assets21/28€51,603€47,865▼
Tangible fixed assets22/27€51,603€47,865▼
Land and buildings22€49,009€46,117▼
Plant, machinery and equipment23€1,501€1,054▼
Furniture and vehicles24€1,092€694▼
Current assets29/58€164,660€166,457▲
Amounts receivable within one year40/41€3,301€4,631▲
Trade receivables40€3,301€4,631▲
Cash at bank and in hand54/58€143,878€145,367▲
Deferred charges and accrued income490/1€17,481€16,459▼
Equity and liabilities
Total equity and liabilities10/49€216,262€214,322▼
Equity10/15€184,005€173,865▼
Contributions10/11€22,000€22,000=
Reserves13€224,284€214,143▼
Distributable reserves133€224,284€214,143▼
Profit (loss) carried forward14-€62,278-€62,278=
Amounts payable17/49€32,257€40,457▲
Amounts payable within one year42/48€32,257€40,457▲
Trade debts44€3,247€3,222▼
Suppliers440/4€3,247€3,222▼
Taxes, remuneration and social security45€22,164€30,390▲
Taxes450/3€22,164€30,390▲
Other amounts payable47/48€6,846€6,845=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,443€3,738▲
Other operating charges640/8€2,291€2,362▲
Gross operating margin9900€51,144€55,990▲
Operating profit (loss)9901€45,410€49,891▲
Financial income75/76B€129-
Recurring financial income75€129-
Financial charges65/66B€1,668€1,188▼
Recurring financial charges65€1,668€1,188▼
Profit (loss) for the period before taxes9903€43,872€48,703▲
Income taxes67/77€14,403€15,987▲
Profit (loss) for the period9904€29,469€32,716▲
Profit (loss) for the period to be appropriated9905€29,469€32,716▲
Appropriation of the result
Profit (loss) to be appropriated9906-€32,810-€29,562▲
Profit (loss) brought forward from the previous period14P-€62,278-€62,278=
Transfer from equity791/2-€42,857
Transfer to equity691/2€29,469€32,716▲
To other reserves6921€29,469€32,716▲
Profit to be distributed694/7-€42,857
Return on contributions (dividend)694-€42,857

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€2,200€15,300----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,764€4,719€4,719€2,892€2,892€3,180€3,443€3,738▲ 8.6%
Other operating charges640/8---€3,149€2,168€2,267€2,291€2,362▲ 3.1%
Gross operating margin9900€56,040€57,753€59,129€99,709-€13,333€37,586€51,144€55,990▲ 9.5%
Operating profit (loss)9901-€2,568€6,478€37,288€93,668-€18,393€32,139€45,410€49,891▲ 9.9%
Financial income75/76B-----€22€129--
Recurring financial income75€0-€0--€22€129--
Financial charges65/66B---€36€78€1,169€1,668€1,188▼ 28.8%
Recurring financial charges65€524€316€133€36€78€1,169€1,668€1,188▼ 28.8%
Profit (loss) for the period before taxes9903-€3,092€6,162€37,155€93,632-€18,471€30,993€43,872€48,703▲ 11.0%
Income taxes67/77€2,144€2,836€11,302€30,279€186€7,761€14,403€15,987▲ 11.0%
Profit (loss) for the period9904-€5,236€3,326€25,853€63,353-€18,657€23,233€29,469€32,716▲ 11.0%
Transfer from tax-exempt reserves789---€10,000-----
Profit (loss) for the period to be appropriated9905-€5,236€3,326€25,853€73,353-€18,657€23,233€29,469€32,716▲ 11.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€97,602€93,000€108,076€201,199€172,430€173,062€216,262€214,322▼ 0.9%
Fixed assets21/28€70,015€65,296€60,577€57,685€54,793€53,850€51,603€47,865▼ 7.2%
Tangible fixed assets22/27€70,015€65,296€60,577€57,685€54,793€53,850€51,603€47,865▼ 7.2%
Land and buildings22---€57,685€54,793€51,901€49,009€46,117▼ 5.9%
Plant, machinery and equipment23-----€1,948€1,501€1,054▼ 29.8%
Furniture and vehicles24------€1,092€694▼ 36.5%
Current assets29/58€27,587€27,704€47,499€143,514€117,637€119,212€164,660€166,457▲ 1.1%
Amounts receivable within one year40/41-€181----€3,301€4,631▲ 40.3%
Trade receivables40------€3,301€4,631▲ 40.3%
Cash at bank and in hand54/58€11,290€10,117€28,181€123,647€103,203€94,632€143,878€145,367▲ 1.0%
Deferred charges and accrued income490/1---€19,867€14,435€24,581€17,481€16,459▼ 5.8%
Equity and liabilities
Total equity and liabilities10/49€97,602€93,000€108,076€201,199€172,430€173,062€216,262€214,322▼ 0.9%
Equity10/15€57,429€60,755€86,608€149,961€131,304€154,537€184,005€173,865▼ 5.5%
Contributions10/11€22,000€22,000-€22,000€22,000€22,000€22,000€22,000=
Reserves13€82,376€82,376€108,230€171,582€171,582€194,815€224,284€214,143▼ 4.5%
Non-distributable reserves130/1---€2,200-----
Reserves not available under the articles1311---€2,200-----
Distributable reserves133---€169,382€171,582€194,815€224,284€214,143▼ 4.5%
Profit (loss) carried forward14-€46,947-€43,621-€43,621-€43,621-€62,278-€62,278-€62,278-€62,278=
Amounts payable17/49€40,174€32,245€21,467€51,237€41,126€18,525€32,257€40,457▲ 25.4%
Amounts payable after more than one year17€8,096--------
Amounts payable within one year42/48€32,078€32,245€21,467€51,237€41,126€18,525€32,257€40,457▲ 25.4%
Trade debts44€2,176€2,130€1,189€723€1,726€1,828€3,247€3,222▼ 0.8%
Suppliers440/4---€723€1,726€1,828€3,247€3,222▼ 0.8%
Taxes, remuneration and social security45---€46,736€35,622€12,919€22,164€30,390▲ 37.1%
Taxes450/3---€44,031€32,916€10,211€22,164€30,390▲ 37.1%
Remuneration and social security454/9---€2,705€2,706€2,708---
Other amounts payable47/48---€3,779€3,779€3,779€6,846€6,845=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€5,236€3,326€25,853€63,353-€18,657€23,233€29,469€32,716▲ 11.0%
+ Depreciation and write-downs630€13,764€4,719€4,719€2,892€2,892€3,180€3,443€3,738▲ 8.6%
Operating cash flow (approximation)€8,528€8,046€30,572€66,245-€15,765€26,413€32,912€36,454▲ 10.8%
Investment in fixed assets (approximation)-€0€0€0€0-€2,236-€1,196€0-
Change in cash--€1,173€18,064€95,466-€20,445-€8,571€49,246€1,489▼ 97.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 28-07-2026 2026-00343109
31-12-2024 micro format 12-08-2025 2025-00374668
31-12-2023 micro format 28-06-2024 2024-00180841
31-12-2022 micro format 19-07-2023 2023-00250319
31-12-2021 micro format 17-06-2022 2022-20070164
31-12-2020 micro format 02-07-2021 2021-29700401
31-12-2019 micro format 29-08-2020 2020-47900121
31-12-2018 micro format 27-09-2019 2019-66700304
31-12-2017 abbreviated format 24-08-2018 2018-50100307
31-12-2016 abbreviated format 07-07-2017 2017-28900557

Show all 26 filings

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