Equity
Devuto has made a profit without a break since 2018.
Devuto has made a profit without a break since 2018.
The accounts state no turnover.
Green is investment, beige is depreciation. Land and buildings stand 133.8% higher than in 2024.
Short-term debts rose from €1.4m to €1.6m.
The last five annual accounts were filed 33 to 40 days before the end of the period.
Higher net result than 94% of companies in head offices and management consultancy. Sector median €43,533 · 10,631 companies.
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.
These companies have the same main activity as Devuto: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €8.4m and €9m, founded between 2013 and 2016.
Devuto files the abbreviated format. That format states no turnover. The gross margin rose from €50,564 in 2015 to €416,353 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €630,000. Estimated: probably between €490,000 and €1.2m.
Amounts without an identifiable currency are taken as euros.
Higher than 33% of 10,633 companies in 2025.
Lower than 95% of 10,285 companies in 2025.
Higher than 69% of 10,548 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
9.4m | 9.3m | 8.5m | 8.7m | 9.7m | 607,400 | 614,812 | 625,563 | 622,985 | 123,048 | 68,667 | |
21/28 |
9.3m | 8.3m | 8.1m | 8.6m | 8.0m | 553,379 | 565,081 | 576,751 | 588,420 | 90 | 90 | |
22/27 |
1.8m | 768,910 | 619,267 | 1.1m | 541,620 | 553,289 | 564,991 | 576,661 | 588,330 | - | - | |
22 |
1.8m | 764,736 | 619,267 | 1.1m | 541,620 | 553,289 | 564,991 | 576,661 | 588,330 | - | - | |
23 |
4,592 | 2,135 | - | - | - | - | - | - | - | - | - | |
24 |
1,594 | 2,039 | - | - | - | - | - | - | - | - | - | |
28 |
7.5m | 7.5m | 7.5m | 7.5m | 7.5m | 90 | 90 | 90 | 90 | 90 | 90 | |
29/58 |
61,057 | 1.0m | 382,191 | 72,667 | 1.7m | 54,020 | 49,731 | 48,813 | 34,565 | 122,958 | 68,577 | |
40/41 |
48,400 | 176,415 | 114,606 | 61,831 | 1.6m | 9,855 | 15,349 | 15,496 | 10,064 | 9,680 | 10,263 | |
40 |
48,400 | 48,400 | 49,519 | 48,400 | 48,400 | 9,680 | 9,680 | 9,680 | 9,680 | 9,680 | 9,680 | |
41 |
- | 128,015 | 65,086 | 13,431 | 1.5m | 175 | 5,669 | 5,816 | 384 | - | 583 | |
54/58 |
11,821 | 840,835 | 266,888 | 9,713 | 107,109 | 43,325 | 33,575 | 32,540 | 24,049 | 113,278 | 58,315 | |
490/1 |
836 | 771 | 697 | 1,124 | 998 | 840 | 807 | 776 | 453 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
9.4m | 9.3m | 8.5m | 8.7m | 9.7m | 607,400 | 614,812 | 625,563 | 622,985 | 123,048 | 68,667 | |
10/15 |
3.1m | 2.4m | 1.4m | 181,776 | 166,201 | 110,570 | 92,734 | 72,895 | 51,744 | 82,351 | 49,711 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
3.1m | 2.4m | 1.4m | 163,176 | 153,801 | 98,170 | 80,334 | 60,495 | 39,344 | 69,860 | 37,311 | |
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 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
132 |
212,544 | 218,283 | 222,299 | - | - | - | - | - | - | - | - | |
133 |
2.9m | 2.1m | 1.1m | 161,316 | 151,941 | 96,310 | 78,474 | 58,635 | 37,484 | 68,000 | 35,451 | |
14 |
- | - | - | - | - | - | - | - | - | 91 | - | |
16 |
70,848 | 72,761 | 74,100 | - | - | - | - | - | - | - | - | |
168 |
70,848 | 72,761 | 74,100 | - | - | - | - | - | - | - | - | |
17/49 |
6.2m | 6.8m | 7.0m | 8.5m | 9.5m | 496,830 | 522,078 | 552,668 | 571,241 | 40,697 | 18,956 | |
17 |
4.5m | 5.4m | 6.3m | 7.2m | 8.4m | 446,049 | 472,815 | 499,051 | 524,770 | - | - | |
170/4 |
4.5m | 5.4m | 6.3m | 7.2m | 8.4m | 446,049 | 472,815 | 499,051 | 524,770 | - | - | |
42/48 |
1.6m | 1.4m | 668,283 | 1.2m | 967,713 | 49,726 | 48,209 | 52,564 | 45,419 | 39,645 | 17,777 | |
42 |
900,000 | 900,000 | 300,000 | 900,000 | 929,723 | 26,766 | 26,237 | 25,718 | - | - | - | |
43 |
- | - | - | - | - | - | - | 458 | 25,689 | - | - | |
439 |
- | - | - | - | - | - | - | 458 | 25,689 | - | - | |
44 |
2,283 | 1,297 | 13,351 | 960 | 1,855 | 805 | 1,587 | 39 | 1,557 | 1,510 | 45 | |
440/4 |
2,283 | 1,297 | 13,351 | 960 | 1,855 | 805 | 1,587 | 39 | 1,557 | 1,510 | 45 | |
45 |
107,525 | 234,585 | 130,864 | 37,106 | 36,135 | 6,893 | 1,759 | 1,979 | 1,063 | 30,018 | 17,733 | |
450/3 |
107,525 | 234,585 | 130,864 | 37,106 | 36,135 | 6,893 | 1,759 | 1,979 | 1,063 | 30,018 | 17,733 | |
47/48 |
604,882 | 227,860 | 224,068 | 299,906 | - | 15,262 | 18,626 | 24,370 | 17,110 | 8,117 | - | |
492/3 |
57,589 | 66,588 | 70,085 | 82,085 | 181,076 | 1,055 | 1,055 | 1,053 | 1,053 | 1,051 | 1,179 | |
| Income statement | ||||||||||||
9900 |
416,353 | 423,124 | 739,761 | 429,360 | 273,007 | 48,774 | 50,032 | 47,983 | 41,997 | 45,480 | 50,564 | |
62 |
- | - | - | - | - | - | - | - | - | - | -1,584 | |
630 |
30,315 | 14,464 | 12,114 | 89,199 | 11,670 | 11,702 | 11,670 | 11,670 | 71,390 | - | - | |
640/8 |
2,934 | 2,630 | 3,327 | 1,006 | 986 | 979 | 948 | 930 | 249 | 200 | - | |
9901 |
383,105 | 406,030 | 724,320 | 339,155 | 260,352 | 36,094 | 37,415 | 35,383 | -29,642 | 45,280 | 52,148 | |
75/76B |
906,734 | 912,184 | 901,664 | 1,602 | 5.0m | - | - | - | - | - | 4 | |
75 |
906,734 | 912,184 | 901,664 | 1,602 | 5.0m | - | - | - | - | - | 4 | |
65/66B |
127,471 | 136,137 | 152,986 | 264,540 | 5.2m | 10,589 | 10,938 | 12,117 | 965 | 57 | 8 | |
65 |
127,471 | 136,137 | 152,986 | 264,540 | 189,931 | 10,589 | 10,938 | 12,117 | 965 | 57 | 8 | |
66B |
- | - | - | - | 5.0m | - | - | - | - | - | - | |
9903 |
1.2m | 1.2m | 1.5m | 76,217 | 70,421 | 25,505 | 26,476 | 23,266 | -30,607 | 45,223 | 52,145 | |
780 |
1,913 | 1,339 | 5,913 | - | - | - | - | - | - | - | - | |
680 |
- | - | 80,013 | - | - | - | - | - | - | - | - | |
67/77 |
135,916 | 168,728 | 170,443 | 29,358 | 14,790 | 6,869 | 5,825 | 2,115 | - | 12,583 | 14,834 | |
9904 |
1.0m | 1.0m | 1.2m | 46,859 | 55,631 | 18,635 | 20,652 | 21,151 | -30,607 | 32,640 | 37,311 | |
789 |
5,740 | 4,016 | 17,738 | - | - | - | - | - | - | - | - | |
689 |
- | - | 240,038 | - | - | - | - | - | - | - | - | |
9905 |
1.0m | 1.0m | 1.0m | 46,859 | 55,631 | 18,635 | 20,652 | 21,151 | -30,607 | 32,640 | 37,311 | |
| Appropriation of the result | ||||||||||||
9906 |
1.0m | 1.0m | 1.0m | 46,859 | 55,631 | 18,635 | 20,652 | 21,151 | -30,516 | 32,640 | 37,311 | |
791/2 |
- | 19,840 | 21,151 | 37,484 | - | - | - | - | 30,516 | - | - | |
691/2 |
734,105 | 1.0m | 1.0m | 46,859 | 55,631 | 17,835 | 19,840 | 21,151 | - | 32,549 | 37,311 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
734,105 | 1.0m | 1.0m | 46,859 | 55,631 | 17,835 | 19,840 | 21,151 | - | 32,549 | 35,451 | |
694/7 |
300,000 | 19,840 | 21,151 | 37,484 | - | 800 | 812 | - | - | - | - | |
694 |
300,000 | 19,840 | 21,151 | 37,484 | - | 800 | 812 | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-06-2026 | 2026-00181615 | |
| 31-12-2024 | abbreviated format | 26-06-2025 | 2025-00186865 | |
| 31-12-2023 | abbreviated format | 21-06-2024 | 2024-00148184 | |
| 31-12-2022 | abbreviated format | 26-06-2023 | 2023-00155447 | |
| 31-12-2021 | abbreviated format | 28-06-2022 | 2022-20098589 | |
| 31-12-2020 | micro format | 18-06-2021 | 2021-21000430 | |
| 31-12-2019 | micro format | 24-06-2020 | 2020-19600203 | |
| 31-12-2018 | micro format | 27-06-2019 | 2019-23000576 | |
| 31-12-2017 | micro format | 22-06-2018 | 2018-21000318 | |
| 31-12-2016 | micro format | 29-06-2017 | 2017-22800079 | |
| 31-12-2015 | abbreviated format | 27-06-2016 | 2016-21700497 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 413,420 | 420,495 | 736,434 | 428,353 | 272,022 | 47,795 | 49,084 | 47,052 | 41,747 | - | - | ||
| 1.1m | 1.0m | 1.2m | 136,058 | 67,301 | 30,337 | 32,321 | 32,821 | 40,783 | - | - | ||
| 1.1m | 164,107 | 32,255 | 676,655 | 12.5m | 0 | 0 | 0 | 659,720 | - | 90 | ||
| -829,014 | 573,947 | 257,175 | -97,396 | 63,783 | 9,751 | 1,035 | 8,491 | -89,229 | 54,963 | - | ||
| -1.6m | -345,723 | -286,092 | -1.2m | 696,893 | 4,294 | 1,523 | -3,751 | -10,854 | 83,312 | 50,800 | ||
| 33.3% | 25.7% | 16.3% | 2.1% | 1.7% | 18.2% | 15.1% | 11.7% | 8.3% | 66.9% | 72.4% | ||
| 0.04 | 0.75 | 0.57 | 0.06 | 1.72 | 1.09 | 1.03 | 0.93 | 0.76 | 3.10 | 3.86 | ||
| 1.98 | 2.87 | 5.07 | 46.87 | 57.40 | 4.49 | 5.63 | 7.58 | 11.04 | 0.49 | 0.38 | ||
| 33.0% | 42.6% | 88.4% | 25.8% | 33.5% | 16.9% | 22.3% | 29.0% | -59.2% | 39.6% | 75.1% | ||
| 11.0% | 10.9% | 14.4% | 0.5% | 0.6% | 3.1% | 3.4% | 3.4% | -4.9% | 26.5% | 54.3% | ||
| 3.24 | 3.09 | 4.81 | 1.62 | 1.43 | - | - | - | - | - | - |
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.1m | €164,107 | €32,255 | €676,655 | - |
| Financial fixed assets | - | - | - | - | €12.5m |
| €30,315 | €14,464 | €12,114 | €89,199 | €11,670 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 6% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 73.5% to 66.0%. Equity is higher and debt is lower.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| GALERIJ DE VUYST
registered office since 27-11-1986 · founded in 1986 |
10 FTE (2025) 0429.745.236 |
| De Vuyst-Philips
registered office since 01-01-1980 · founded in 1979 |
total assets €902,260 (2025) 0419.953.283 |
| BOGATEX
registered office since 26-11-1986 |
founded in 1986 0430.488.275 |
Devuto or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.
| Name | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| 100% | |||||
Source: list of holdings in its own accounts
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
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 |
|---|---|---|
| Kerkstraat 46 registered office 9160 Lokeren | 28-01-2015 | 2.239.361.004 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46384E0792/00W000 | 105 m² | 1 · 105 m² | 13.0 m · 4 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
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