Equity
DEVOSKO has made a profit in every financial year since 2012.
DEVOSKO has made a profit in every financial year since 2012.
The micro format states no turnover.
More equity than 95% of companies in construction of buildings. Sector median €45,781 · 10,155 companies.
In July 2024, 17,806 companies had the same profile as DEVOSKO has now. Each dot stands for 45 companies, two years later.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 17,806 companies, not a prediction for DEVOSKO. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| DEVOSKO Kortrijk | €501,417 | €70,862 | 87.9% | - |
| BCDS Bruges | €520,578 | €66,274 | 22.7% | - |
| BOUWBEDRIJF DELAERE ARNOUT Ledegem | €562,353 | €72,420 | 45.4% | - |
| STEVE DECROOCK Damme | €464,025 | €60,552 | 21.5% | - |
| PEIRS Bruges | €551,795 | €59,300 | 38.2% | - |
| Bouw & Advies - Weijters Herk-de-Stad | €510,653 | €71,212 | 97.6% | - |
| Algemene Aanneming Kristof Aartselaar | €485,026 | €71,874 | 17.1% | - |
These companies have the same main activity as DEVOSKO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €464,000 and €562,000, founded between 2010 and 2012.
DEVOSKO files the micro format. That format states no turnover. The gross margin rose from €69,215 in 2012 to €70,862 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €370,000. Estimated: probably between €270,000 and €610,000.
Higher than 93% of 10,152 companies in 2025.
Higher than 95% of 9,863 companies in 2025.
Higher than 51% of 9,951 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
501,417 | 451,847 | 378,886 | 410,825 | 440,302 | 368,785 | 228,951 | 208,021 | 134,470 | 91,808 | 46,437 | 102,338 | 52,288 | 86,181 | |
21/28 |
20,193 | 19,365 | 14,149 | 25,646 | 43,936 | 51,588 | 16,860 | 27,766 | 32,986 | 13,839 | 11,939 | 12,319 | 19,811 | 23,447 | |
22/27 |
20,193 | 19,365 | 14,149 | 25,646 | 43,936 | 51,588 | 16,860 | 27,766 | 32,986 | 13,839 | 11,939 | 12,319 | 19,811 | 23,447 | |
23 |
385 | 922 | 2,351 | 3,779 | 5,207 | 3,819 | 4,991 | 6,162 | 7,333 | 8,505 | 9,676 | 2,182 | 2,803 | 3,470 | |
24 |
19,808 | 18,442 | 11,798 | 21,867 | 38,729 | 47,769 | 11,870 | 21,604 | 25,653 | 5,334 | 2,263 | 10,137 | 17,008 | 19,977 | |
29/58 |
481,224 | 432,483 | 364,737 | 385,179 | 396,366 | 317,197 | 212,091 | 180,254 | 101,484 | 77,970 | 34,498 | 90,019 | 32,477 | 62,734 | |
40/41 |
467,867 | 406,443 | 360,415 | 375,941 | 395,666 | 311,248 | 202,553 | 132,208 | 90,261 | 62,462 | 31,124 | 21,995 | 2,542 | 18,029 | |
40 |
24,278 | 41,107 | 42,216 | 43,858 | 42,279 | 38,077 | 18,148 | - | 56 | 65 | 65 | 395 | - | - | |
41 |
443,589 | 365,336 | 318,199 | 332,084 | 353,387 | 273,170 | 184,405 | 132,208 | 90,205 | 62,396 | 31,058 | 21,600 | 2,542 | 18,029 | |
54/58 |
10,986 | 24,499 | 3,678 | 8,619 | 100 | 5,215 | 8,795 | 47,224 | 5,447 | 15,433 | 3,374 | 68,024 | 29,935 | 44,705 | |
490/1 |
2,372 | 1,541 | 644 | 618 | 600 | 735 | 743 | 822 | 5,776 | 75 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
501,417 | 451,847 | 378,886 | 410,825 | 440,302 | 368,785 | 228,951 | 208,021 | 134,470 | 91,808 | 46,437 | 102,338 | 52,288 | 86,181 | |
10/15 |
440,589 | 404,154 | 349,538 | 357,852 | 358,709 | 291,400 | 194,820 | 122,924 | 80,754 | 54,734 | 24,497 | 57,944 | 9,555 | 45,358 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
434,389 | 397,954 | 343,338 | 351,652 | 352,509 | 285,200 | 188,620 | 116,724 | 74,554 | 48,534 | 18,297 | 51,744 | 3,355 | 39,158 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
133 |
432,529 | 396,094 | 341,478 | 349,792 | 350,649 | 283,340 | 186,760 | 114,864 | 72,694 | 46,674 | 16,437 | 49,884 | 1,495 | 37,298 | |
14 |
- | 0 | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
60,829 | 47,694 | 29,348 | 52,973 | 81,593 | 77,385 | 34,132 | 85,097 | 53,716 | 37,075 | 21,940 | 44,394 | 42,733 | 40,823 | |
17 |
14,491 | 20,072 | - | 11,167 | 27,634 | 34,883 | - | 2,268 | 15,154 | 8,505 | - | 1,964 | 7,715 | 13,265 | |
170/4 |
14,491 | 20,072 | - | 11,167 | 27,634 | 34,883 | - | 2,268 | 15,154 | 8,505 | - | 1,964 | 7,715 | 13,265 | |
42/48 |
45,913 | 27,237 | 28,864 | 41,462 | 53,615 | 42,498 | 33,374 | 82,071 | 38,562 | 28,570 | 21,940 | 42,430 | 35,018 | 27,559 | |
42 |
9,401 | 7,476 | 11,167 | 16,180 | 15,596 | 12,197 | 2,268 | 12,886 | 13,483 | 4,549 | 1,964 | 5,752 | 5,549 | 5,354 | |
43 |
12,027 | - | - | 11,731 | 11,731 | 11,720 | 15,000 | - | - | - | - | - | - | - | |
430/8 |
12,027 | - | - | 11,731 | 11,731 | 11,720 | 15,000 | - | - | - | - | - | - | - | |
44 |
15,181 | 4,511 | 2,755 | 2,618 | 9,089 | 5,276 | 3,596 | 1,587 | 6,871 | 2,327 | 7,663 | 3,783 | 1,498 | 1,220 | |
440/4 |
15,181 | 4,511 | 2,755 | 2,618 | 9,089 | 5,276 | 3,596 | 1,587 | 6,871 | 2,327 | 7,663 | 3,783 | 1,498 | 1,220 | |
46 |
- | - | - | - | 1,200 | - | - | 44,770 | 68 | - | - | - | - | - | |
45 |
9,304 | 15,238 | 14,930 | 10,921 | 15,987 | 13,292 | 12,498 | 22,815 | 18,128 | 21,681 | 12,302 | 32,889 | 10,095 | 20,179 | |
450/3 |
9,304 | 15,238 | 14,930 | 10,921 | 15,987 | 13,292 | 12,498 | 22,815 | 18,128 | 21,681 | 12,302 | 32,889 | 10,095 | 20,179 | |
47/48 |
0 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 6 | 17,876 | 806 | |
492/3 |
425 | 385 | 484 | 345 | 344 | 4 | 758 | 758 | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
76A |
- | - | - | - | - | - | - | 2,431 | 6,000 | - | - | - | - | - | |
9900 |
70,862 | 132,200 | 124,511 | 124,170 | 111,087 | 142,030 | 106,027 | 75,926 | 55,397 | 57,690 | 36,785 | 84,070 | 30,031 | 69,215 | |
630 |
6,309 | 11,716 | 14,615 | 13,949 | 14,751 | 7,287 | 10,906 | 11,273 | 10,361 | 3,001 | 9,717 | 10,162 | 8,976 | 9,320 | |
640/8 |
2,065 | 1,192 | 723 | 674 | 592 | 836 | 1,558 | 1,288 | 2,391 | 1,558 | 2,037 | 1,474 | 1,015 | 1,328 | |
66A |
180 | 2,451 | - | 2,275 | 712 | 4,377 | - | - | - | 1,587 | - | - | - | - | |
9901 |
62,308 | 116,841 | 109,173 | 107,273 | 95,033 | 129,530 | 93,562 | 63,365 | 42,645 | 53,131 | 25,031 | 72,433 | 20,040 | 58,566 | |
75/76B |
22,088 | 6 | 5 | 0 | 0 | 0 | - | 10 | 2 | - | 81 | 19 | 119 | 2 | |
75 |
22,088 | 6 | 5 | 0 | 0 | 0 | - | 10 | 2 | - | 81 | 19 | 119 | 2 | |
65/66B |
32,929 | 40,540 | 29,124 | 43,634 | 2,079 | 3,321 | 712 | 816 | 1,005 | 377 | 419 | 949 | 845 | 673 | |
65 |
32,929 | 40,540 | 29,124 | 43,634 | 2,079 | 3,321 | 712 | 816 | 1,005 | 377 | 419 | 949 | 845 | 673 | |
9903 |
51,466 | 76,306 | 80,054 | 63,639 | 92,954 | 126,209 | 92,850 | 62,560 | 41,642 | 51,167 | 24,693 | 71,504 | 19,314 | 57,896 | |
67/77 |
15,031 | 21,691 | 22,349 | 17,822 | 25,645 | 29,629 | 20,955 | 20,390 | 15,621 | 20,930 | 10,140 | 23,115 | 7,897 | 17,932 | |
9904 |
36,435 | 54,616 | 57,706 | 45,817 | 67,309 | 96,580 | 71,896 | 42,170 | 26,020 | 30,237 | 14,553 | 48,389 | 11,417 | 39,964 | |
9905 |
36,435 | 54,616 | 57,706 | 45,817 | 67,309 | 96,580 | 71,896 | 42,170 | 26,020 | 30,237 | 14,553 | 48,389 | 11,417 | 39,964 | |
| Appropriation of the result | |||||||||||||||
9906 |
36,435 | 54,616 | 57,706 | 45,817 | 67,309 | 96,580 | 71,896 | 42,170 | 26,020 | 30,237 | 14,553 | 48,389 | 11,417 | 39,964 | |
791/2 |
- | 0 | 66,020 | 46,674 | - | - | - | - | - | - | 33,447 | - | 35,803 | - | |
691/2 |
36,435 | 54,616 | 57,706 | 45,817 | 67,309 | 96,580 | 71,896 | 42,170 | 26,020 | 30,237 | - | 48,389 | - | 39,158 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
36,435 | 54,616 | 57,706 | 45,817 | 67,309 | 96,580 | 71,896 | 42,170 | 26,020 | 30,237 | - | 48,389 | - | 37,298 | |
694/7 |
- | 0 | 66,020 | 46,674 | - | - | - | - | - | - | 48,000 | - | 47,220 | 806 | |
694 |
- | 0 | 66,020 | 46,674 | - | - | - | - | - | - | 48,000 | - | 47,220 | 806 | |
| Document | |||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 09-04-2026 | 2026-00075288 | |
| 30-09-2024 | micro format | 29-04-2025 | 2025-00086177 | |
| 30-09-2023 | micro format | 04-03-2024 | 2024-00039917 | |
| 30-09-2022 | micro format | 17-03-2023 | 2023-00041932 | |
| 30-09-2021 | micro format | 29-04-2022 | 2022-20022152 | |
| 30-09-2020 | micro format | 03-05-2021 | 2021-13100252 | |
| 30-09-2019 | micro format | 03-04-2020 | 2020-08600066 | |
| 30-09-2018 | micro format | 20-03-2019 | 2019-07500046 | |
| 30-09-2017 | micro format | 21-03-2018 | 2018-07300517 | |
| 30-09-2016 | abbreviated format | 20-03-2017 | 2017-06800297 | |
| 30-09-2015 | abbreviated format | 29-02-2016 | 2016-05300594 | |
| 30-09-2014 | abbreviated format | 27-03-2015 | 2015-07700324 | |
| 30-09-2013 | abbreviated format | 28-03-2014 | 2014-07800585 | |
| 30-09-2012 | abbreviated format | 20-03-2013 | 2013-06900375 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 68,616 | 128,557 | 123,788 | 121,222 | 109,784 | 136,817 | 104,469 | 74,638 | 53,006 | 56,132 | 34,748 | 82,596 | 29,015 | 67,886 | ||
| 42,744 | 66,332 | 72,321 | 59,766 | 82,060 | 103,867 | 82,802 | 53,443 | 36,381 | 33,238 | 24,270 | 58,551 | 20,393 | 49,284 | ||
| 7,137 | 19,383 | 3,117 | -4,341 | 9,011 | 49,392 | 0 | 9,505 | 29,509 | 6,903 | 9,338 | 2,670 | 5,340 | 32,767 | ||
| -13,513 | 20,821 | -4,941 | 8,519 | -5,115 | -3,580 | -38,429 | 41,777 | -9,986 | 12,059 | -64,650 | 38,090 | -14,771 | - | ||
| 435,312 | 405,246 | 335,873 | 343,717 | 342,751 | 274,699 | 178,717 | 98,183 | 62,922 | 49,400 | 12,558 | 47,589 | -2,541 | 35,176 | ||
| 87.9% | 89.4% | 92.3% | 87.1% | 81.5% | 79.0% | 85.1% | 59.1% | 60.1% | 59.6% | 52.8% | 56.6% | 18.3% | 52.6% | ||
| 10.48 | 15.88 | 12.64 | 9.29 | 7.39 | 7.46 | 6.35 | 2.20 | 2.63 | 2.73 | 1.57 | 2.12 | 0.93 | 2.28 | ||
| 0.14 | 0.12 | 0.08 | 0.15 | 0.23 | 0.27 | 0.18 | 0.69 | 0.67 | 0.68 | 0.90 | 0.77 | 4.47 | 0.90 | ||
| 8.3% | 13.5% | 16.5% | 12.8% | 18.8% | 33.1% | 36.9% | 34.3% | 32.2% | 55.2% | 59.4% | 83.5% | 119.5% | 88.1% | ||
| 7.3% | 12.1% | 15.2% | 11.2% | 15.3% | 26.2% | 31.4% | 20.3% | 19.4% | 32.9% | 31.3% | 47.3% | 21.8% | 46.4% | ||
| 2.08 | 3.17 | 4.25 | 2.78 | 52.81 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €7,137 | €19,383 | €3,117 | - | €9,011 |
| €6,309 | €11,716 | €14,615 | €13,949 | €14,751 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 47% lower than in 2024 and the lowest since 2017.
Debt's share of the balance-sheet total rises from 10.6% to 12.1%. Equity and debt are higher.
DEVOSKO has no parent and no holdings in its annual accounts. is the only director. DEVOSKO shares no director with another company.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Firmin Deprezlaan 21 registered office 8500 Kortrijk 4100106 General construction of residential buildings | 13-10-2011 | 2.204.091.804 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34353B0217/00X000 | 214 m² | 1 · 75 m² | 11.3 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0840.588.241
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