DR. DEVREESE
InactiveFrom the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2025, micro format
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 26-06-2026
- Format
- micro format
- Reference
- 2026-00204149
Turnover
≈ €200,000
Estimated: probably between €120,000 and €360,000
Total assets
€869,358▲ 4.6%
2024 · €830,862
Net result
€40,831▲ 42.9%
2024 · €28,567
Working capital
€866,090▲ 5.4%
2024 · €821,465
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 21% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€49,047
2025
Net result€40,831
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€869,358
2025
Equity€866,090
2025
Debt€3,268
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€866,090
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€125,568-€124,490▼ 0.9%€112,215▼ 9.9%€98,262▼ 12.4%€77,195▼ 21.4%€47,465▼ 38.5%€40,499▼ 14.7%€49,047▲ 21.1%
Net result€79,159-€78,632▼ 0.7%€75,694▼ 3.7%€66,079▼ 12.7%€51,811▼ 21.6%€32,729▼ 36.8%€28,567▼ 12.7%€40,831▲ 42.9%
Equity€491,747-€570,379▲ 16.0%€646,073▲ 13.3%€712,152▲ 10.2%€763,963▲ 7.3%€796,692▲ 4.3%€825,259▲ 3.6%€866,090▲ 4.9%
Total assets€517,810-€583,588▲ 12.7%€662,951▲ 13.6%€721,550▲ 8.8%€779,687▲ 8.1%€801,949▲ 2.9%€830,862▲ 3.6%€869,358▲ 4.6%
Debt€26,063-€13,209▼ 49.3%€16,878▲ 27.8%€9,399▼ 44.3%€15,724▲ 67.3%€5,258▼ 66.6%€5,603▲ 6.6%€3,268▼ 41.7%
Working capital€489,884-€568,969▲ 16.1%€645,147▲ 13.4%€711,730▲ 10.3%€763,963▲ 7.3%€791,824▲ 3.6%€821,465▲ 3.7%€866,090▲ 5.4%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €869,358
Equity
€866,090 ▲ 4.9%
Debt
€3,268 ▼ 41.7%
Debt's share of the balance-sheet total falls from 0.7% to 0.4%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.00▼
2024 · 0.01
ROE
4.7%▲
2024 · 3.5%
ROA
4.7%▲
2024 · 3.4%
Debt ≤ 1 year
€3,268▼
2024 · €5,603
Income taxes
€20,039▲
2024 · €15,109
A ratio outside any meaningful range has been withheld (balance sheet total €869,358, equity €866,090).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,832 | €454 | €484 | €422 | €422 | €503 | €1,074 | - | - |
| Other operating charges640/8 | - | - | - | €896 | €1,053 | €391 | €1,099 | €686 | ▼ 37.5% |
| Gross operating margin9900 | €134,338 | €125,778 | €113,392 | €99,579 | €78,670 | €48,360 | €42,672 | €49,733 | ▲ 16.5% |
| Operating profit (loss)9901 | €125,568 | €124,490 | €112,215 | €98,262 | €77,195 | €47,465 | €40,499 | €49,047 | ▲ 21.1% |
| Financial income75/76B | - | - | - | - | - | €2,228 | €3,254 | €12,027 | ▲ 270% |
| Recurring financial income75 | €500 | €414 | €223 | - | - | €2,228 | €3,254 | €12,027 | ▲ 270% |
| Financial charges65/66B | - | - | - | €141 | €98 | €165 | €77 | €203 | ▲ 165% |
| Recurring financial charges65 | €39 | €0 | €41 | €141 | €98 | €165 | €77 | €203 | ▲ 165% |
| Profit (loss) for the period before taxes9903 | €126,029 | €124,903 | €112,397 | €98,121 | €77,098 | €49,528 | €43,676 | €60,871 | ▲ 39.4% |
| Income taxes67/77 | €46,871 | €46,271 | €36,702 | €32,042 | €25,287 | €16,799 | €15,109 | €20,039 | ▲ 32.6% |
| Profit (loss) for the period9904 | €79,159 | €78,632 | €75,694 | €66,079 | €51,811 | €32,729 | €28,567 | €40,831 | ▲ 42.9% |
| Profit (loss) for the period to be appropriated9905 | €79,159 | €78,632 | €75,694 | €66,079 | €51,811 | €32,729 | €28,567 | €40,831 | ▲ 42.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €517,810 | €583,588 | €662,951 | €721,550 | €779,687 | €801,949 | €830,862 | €869,358 | ▲ 4.6% |
| Fixed assets21/28 | €1,863 | €1,409 | €926 | €422 | - | €4,868 | €3,794 | - | - |
| Tangible fixed assets22/27 | €1,863 | €1,409 | €926 | €422 | - | €4,868 | €3,794 | - | - |
| Plant, machinery and equipment23 | - | - | - | €422 | - | €4,868 | €3,794 | - | - |
| Current assets29/58 | €515,946 | €582,178 | €662,025 | €721,128 | €779,687 | €797,082 | €827,068 | €869,358 | ▲ 5.1% |
| Amounts receivable within one year40/41 | €20,839 | €24,155 | €28,042 | €32,686 | €40,770 | €42,635 | €47,003 | €57,874 | ▲ 23.1% |
| Trade receivables40 | - | - | - | - | €3,811 | €3,010 | €2,202 | €983 | ▼ 55.4% |
| Other amounts receivable41 | - | - | - | €32,686 | €36,959 | €39,625 | €44,801 | €56,891 | ▲ 27.0% |
| Current investments50/53 | €494,030 | €556,947 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €632,880 | €687,338 | €737,671 | €753,133 | €778,734 | €811,484 | ▲ 4.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,104 | €1,246 | €1,313 | €1,332 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €517,810 | €583,588 | €662,951 | €721,550 | €779,687 | €801,949 | €830,862 | €869,358 | ▲ 4.6% |
| Equity10/15 | €491,747 | €570,379 | €646,073 | €712,152 | €763,963 | €796,692 | €825,259 | €866,090 | ▲ 4.9% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €478,827 | €557,459 | €633,153 | €699,232 | €749,232 | €784,292 | €812,859 | €853,690 | ▲ 5.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €697,372 | €747,372 | €782,432 | €810,999 | €851,830 | ▲ 5.0% |
| Profit (loss) carried forward14 | €520 | €520 | €520 | €520 | €2,331 | - | - | - | - |
| Amounts payable17/49 | €26,063 | €13,209 | €16,878 | €9,399 | €15,724 | €5,258 | €5,603 | €3,268 | ▼ 41.7% |
| Amounts payable within one year42/48 | €26,063 | €13,209 | €16,878 | €9,399 | €15,724 | €5,258 | €5,603 | €3,268 | ▼ 41.7% |
| Trade debts44 | €260 | - | €13,209 | €5,356 | €3,876 | €1,103 | €2,803 | €281 | ▼ 90.0% |
| Suppliers440/4 | - | - | - | €5,356 | €3,876 | €1,103 | €2,803 | €281 | ▼ 90.0% |
| Taxes, remuneration and social security45 | - | - | - | €4,042 | €11,848 | €4,154 | €2,801 | €2,987 | ▲ 6.7% |
| Taxes450/3 | - | - | - | €4,042 | €11,848 | €4,154 | €2,801 | €2,987 | ▲ 6.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,159 | €78,632 | €75,694 | €66,079 | €51,811 | €32,729 | €28,567 | €40,831 | ▲ 42.9% |
| + Depreciation and write-downs630 | €7,832 | €454 | €484 | €422 | €422 | €503 | €1,074 | - | - |
| Operating cash flow (approximation) | €86,991 | €79,086 | €76,178 | €66,501 | €52,233 | €33,232 | €29,641 | €40,831 | ▲ 37.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €81 | - | - | €0 | - | - |
| Change in cash | - | - | - | €54,458 | €50,332 | €15,463 | €25,600 | €32,751 | ▲ 27.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00204149 | NBB |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00433305 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00421582 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00378870 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20118802 | |
| 31-12-2020 | micro format | 06-07-2021 | 2021-32000098 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-23700459 | |
| 31-12-2018 | micro format | 16-08-2019 | 2019-46800416 | |
| 31-12-2017 | micro format | 28-06-2018 | 2018-25800187 | |
| 31-12-2016 | micro format | 17-08-2017 | 2017-44700031 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.