Equity
€215,298 ▲ 3.7%
DEVOTEC has made a profit without a break since 2021.
DEVOTEC
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €83,968 (2015)
€39,188▲ 9.4%
lowest -€9,734 (2020)
€7,742▲ 162%
peak €215,298 (2025)
€215,298▲ 3.7%
€5,021▼ 85.5%
peak 1 FTE (2014)
-not published
Board1 name since 1993
1 director
Documentsfilings and deeds
23-04-20267 days before the deadline
2025micro format
Result from €2,957 to €7,742Debts from €34,688 to €5,021
Key points
from the 2025 annual accountsLiquidity
35.74 was 5.67 in 2024
Short-term debts fell from €34,688 to €5,021.
Position in the sector
97.7%
Higher solvency than 95% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,035 companies had the same profile as DEVOTEC has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
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 17,035 companies, not a prediction for DEVOTEC. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0450206296
Security firm approval (camera systems) granted
Decision of 23-04-2025, published on 07-10-2025
Change of role: , from manager to director
General meeting of 07-03-2024 · Gazette deed
Security firm approval (alarm systems) renewed
Decision of 21-09-2015, published on 12-02-2016
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEVOTEC Waregem | €220,319 | €39,188 | 97.7% | - |
| ALGEMENE ELECTRICITEITSWERKEN J & P Houthalen-Helchteren | €237,473 | €35,554 | 91.2% | - |
| AERTSENS ELECTRO Zemst | €185,968 | €40,716 | 92.7% | - |
| Enter Pries Lievegem | €219,302 | €33,539 | 59.1% | - |
| ALLUX Tienen | €186,539 | €44,748 | 65.7% | - |
| TECH SERVICE Lummen | €200,009 | €36,156 | 84.9% | - |
| DIRK DEVOS EN PARTNER Mechelen | €216,874 | €35,291 | 97.3% | - |
These companies have the same main activity as DEVOTEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €186,000 and €237,000, founded between 1990 and 1998.
Official details
Source: KBO- Status
- Active since 26-05-1993Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.063.310.2598792 Waregem, since 23-07-1996
- Financial year end
- 30 September
- Peppol
- Reachable since 10-11-2026
Annual accounts to 30-09-2025
- ≈ €180,000estimated
- €220,319▼ 9.1%
- ≈ 0.4 FTEestimated
- Filing
- Filed on 23-04-2026, 7 days before the end of the filing period
Insights on DEVOTEC
DEVOTEC files the micro format. That format states no turnover. The gross margin rose from €23,389 in 2006 to €39,188 in 2025.
The balance sheet grew most from 2010 to 2012 through fixed assets.
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 DEVOTEC
- What is the company number of DEVOTEC?
- The company number of DEVOTEC is 0450.206.296. The VAT number is the same number with BE in front: BE 0450.206.296.
- Where is DEVOTEC based?
- The registered office is at Nieuwstraat 57, 8792 Waregem.Company details
- What does DEVOTEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of DEVOTEC?
- DEVOTEC is a private limited company (BV).
- When was DEVOTEC founded?
- DEVOTEC was founded on 26-05-1993.
- Is DEVOTEC still active?
- Yes, DEVOTEC is an active enterprise in the KBO register.
- How many employees does DEVOTEC have?
- DEVOTEC had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of DEVOTEC?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €39,188 and 45 comparable companies (NACE 43211). It probably lies between €130,000 and €280,000.
- Is DEVOTEC profitable?
- In financial year 2025, DEVOTEC made a profit of €7,742.
- Where can I find the annual accounts of DEVOTEC?
- DEVOTEC filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEVOTEC due?
- DEVOTEC must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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