Equity
EDDY DEVOS CONSTRUCTIONS has made a profit without a break since 2023.
EDDY DEVOS CONSTRUCTIONS has made a profit without a break since 2023.
The result rose in 2025 from €50,737 to €296,009.
The accounts state no turnover.
Between 2009 and 2025, 52% of the full-time equivalents disappeared.
Five of the last ten came late. The 2019 accounts came latest: 49 days after the end of the period.
Higher gross margin than 95% of companies in construction of buildings. Sector median €186,226 · 725 companies.
The dashed line is the sector median: 0.4% across 911 companies (NACE 41, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small). It does better than 52% of them on solvency, 29% on liquidity, 83% on profitability and 89% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 20,137 companies had the same profile as EDDY DEVOS CONSTRUCTIONS has now. Each dot stands for 51 companies, two years later.
That fits the bankruptcy probability of EDDY DEVOS CONSTRUCTIONS itself: 0.3% within 12 months.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 20,137 companies, not a prediction for EDDY DEVOS CONSTRUCTIONS. 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.
Liquidity is tight, with a current ratio of 1.31 (1.15 in 2024), below the usual 1.5. Short-term debt is 62.2% and cash 8% of total assets. 67.2% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| EDDY DEVOS CONSTRUCTIONS Tournai | €3.2m | €2.7m | 32.8% | 44.9 |
| BOUTRIBATI Tournai | €3.4m | €1.9m | 12.4% | 35.9 |
| DEREY Gerpinnes | €4.9m | €3.3m | 14.2% | 40.2 |
| XLG RENO Herstal | €2.6m | €3.1m | 47.4% | 42 |
| ENTREPRISE Georges COLLARD Welkenraedt | €4.2m | €2.4m | 38.2% | 34.9 |
| RENOVATIEWERKEN VD & K Lommel | €2.7m | €2.4m | 27.0% | 32.8 |
| BOUWBEDRIJF JANSSEN Bilzen-Hoeselt | €5.2m | €3.0m | 29.8% | 48.1 |
These companies have the same main activity as EDDY DEVOS CONSTRUCTIONS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.6m and €5.2m, founded between 1982 and 1994.
Solvency rose in 2025 from 21.7% to 32.8% because of the retained profit and lower debts.
SERVI-CODE holds all the shares. In January 2022, the Official Gazette published the appointment of SERVI-CODE SA as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 50% of 1,037 companies in 2025.
Higher than 41% of 1,016 companies in 2025.
Higher than 77% of 1,032 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter
Not in that year's accounts.
Staff costs divided by the average number of full-time equivalents.
In 2025, 4 people joined and 1 left. Training hours in 2025: 2,209.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
3.2m | 3.4m | 3.9m | 3.9m | 5.4m | 5.8m | 7.3m | 9.2m | 8.5m | 8.3m | 6.8m | 6.2m | 6.0m | 5.6m | 5.8m | 5.8m | 7.1m | 7.5m | 7.7m | 5.3m | |
20 |
- | - | 0 | 5,475 | 16,700 | 27,924 | 11,187 | 29,972 | 48,758 | - | - | - | - | - | - | - | - | - | - | 6,542 | |
21/28 |
581,579 | 542,719 | 486,212 | 407,354 | 397,861 | 467,549 | 546,477 | 522,000 | 533,360 | 487,820 | 446,064 | 474,411 | 403,139 | 324,580 | 360,704 | 439,968 | 524,933 | 571,046 | 409,881 | 342,181 | |
21 |
- | 0 | 1,572 | 3,930 | 6,734 | 10,147 | 14,408 | 18,668 | 4,979 | 6,436 | - | - | - | - | 938 | 2,015 | 6,707 | 11,458 | 16,245 | 427 | |
22/27 |
385,464 | 352,842 | 277,683 | 152,031 | 137,244 | 203,519 | 278,187 | 249,449 | 274,498 | 222,002 | 177,417 | 206,764 | 137,178 | 73,281 | 131,271 | 228,065 | 316,307 | 369,096 | 264,983 | 242,762 | |
24 |
150,252 | 150,039 | 137,935 | 19,878 | 28,603 | 51,136 | 72,729 | 97,015 | 87,999 | 63,210 | 53,961 | 60,543 | 46,189 | 60,596 | 113,153 | 201,291 | 277,859 | 305,671 | 164,315 | 147,297 | |
25 |
152,550 | 131,651 | 134,472 | 129,968 | 105,746 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
82,663 | 4,179 | 5,275 | 2,184 | 2,895 | 427 | 855 | 1,282 | 1,709 | 67 | 525 | 1,154 | 2,843 | 4,523 | 6,204 | 7,884 | 11,148 | 14,411 | 17,675 | 16,287 | |
27 |
0 | 66,974 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
196,114 | 189,877 | 206,957 | 251,393 | 253,883 | 253,883 | 253,883 | 253,883 | 253,883 | 259,383 | 268,647 | 267,647 | 265,962 | 251,299 | 228,494 | 209,889 | 201,919 | 190,492 | 128,653 | 92,449 | |
282/3 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
284/8 |
- | - | - | - | 253,883 | 253,883 | 253,883 | 253,883 | 253,883 | 259,383 | 268,647 | 267,647 | 265,962 | 251,299 | 228,494 | 209,889 | 201,919 | 190,492 | 128,653 | 92,449 | |
284 |
- | - | - | - | 12,633 | 12,633 | 12,633 | 12,633 | 12,633 | 17,633 | 17,633 | 17,633 | 17,633 | 17,633 | 17,633 | 17,633 | 17,633 | 11,983 | 11,983 | 9,483 | |
285/8 |
- | - | - | - | 241,250 | 241,250 | 241,250 | 241,250 | 241,250 | 241,750 | 251,014 | 250,014 | 248,329 | 233,666 | 210,861 | 192,256 | 184,286 | 178,509 | 116,670 | 82,966 | |
29/58 |
2.6m | 2.9m | 3.4m | 3.5m | 4.9m | 5.3m | 6.7m | 8.7m | 7.9m | 7.8m | 6.3m | 5.7m | 5.6m | 5.2m | 5.4m | 5.4m | 6.5m | 6.9m | 7.3m | 5.0m | |
29 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 150,000 | 150,000 | 150,000 | |
291 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 150,000 | 150,000 | 150,000 | |
3 |
491,748 | 1.1m | 1.8m | 2.5m | 4.0m | 3.5m | 5.2m | 6.8m | 6.5m | 6.0m | 4.5m | 3.9m | 3.9m | 3.8m | 3.8m | 3.1m | 4.2m | 4.7m | 4.2m | 2.6m | |
30/36 |
415,487 | 787,346 | 1.8m | 2.1m | 3.2m | 3.0m | 3.9m | 5.6m | 6.5m | 6.0m | 4.5m | 3.7m | 3.8m | 3.7m | 3.7m | 3.1m | 4.0m | 4.5m | 3.7m | 2.2m | |
30/31 |
- | - | - | - | 78,198 | 71,738 | 65,335 | 66,125 | 60,682 | 82,120 | 96,322 | 105,778 | 117,998 | 107,005 | 197,134 | 100,952 | 135,850 | 198,909 | 164,560 | 182,869 | |
32 |
- | - | - | - | 3.1m | 2.9m | 3.9m | 5.5m | 6.4m | 5.9m | 4.4m | 3.6m | 3.7m | 3.6m | 3.5m | 3.0m | 3.8m | 4.2m | 3.4m | 2.0m | |
35 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 56,610 | 45,208 | 132,154 | 160,615 | 6,398 | |
37 |
76,261 | 340,617 | 40,000 | 457,280 | 793,217 | 557,775 | 1.3m | 1.2m | - | - | 48,366 | 270,061 | 94,537 | 20,231 | 45,515 | 4,000 | 218,174 | 143,200 | 523,303 | 474,856 | |
40/41 |
1.8m | 1.6m | 1.4m | 811,193 | 745,995 | 1.3m | 1.0m | 1.5m | 1.0m | 1.5m | 1.1m | 1.5m | 1.5m | 1.3m | 1.4m | 1.3m | 2.0m | 1.9m | 2.6m | 2.1m | |
40 |
1.8m | 1.6m | 1.4m | 811,193 | 745,995 | 1.3m | 999,770 | 1.5m | 1.0m | 1.4m | 1.1m | 1.5m | 1.5m | 1.3m | 1.3m | 1.1m | 1.9m | 1.5m | 2.2m | 1.8m | |
41 |
706 | 56,289 | 8,282 | - | 0 | 6,769 | 6,851 | 5,687 | 12,900 | 13,660 | 13,241 | 33,340 | 37,725 | 52,303 | 120,925 | 120,550 | 165,879 | 404,663 | 348,549 | 283,318 | |
54/58 |
251,042 | 112,556 | 142,911 | 103,080 | 197,998 | 420,668 | 420,916 | 308,120 | 381,205 | 256,035 | 578,281 | 192,065 | 129,121 | 99,983 | 222,385 | 909,656 | 212,162 | 73,934 | 254,499 | 104,733 | |
490/1 |
18,995 | 12,297 | 13,167 | 12,164 | 11,413 | 16,532 | 38,627 | 25,804 | 52,089 | 48,194 | 72,488 | 77,243 | 22,128 | 34,128 | 24,109 | 74,114 | 74,256 | 79,847 | 62,166 | 15,500 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
3.2m | 3.4m | 3.9m | 3.9m | 5.4m | 5.8m | 7.3m | 9.2m | 8.5m | 8.3m | 6.8m | 6.2m | 6.0m | 5.6m | 5.8m | 5.8m | 7.1m | 7.5m | 7.7m | 5.3m | |
10/15 |
1.0m | 739,844 | 689,108 | 659,323 | 863,111 | 1.2m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 990,327 | 975,410 | |
10/11 |
955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 954,390 | 954,390 | 954,390 | 954,390 | 954,390 | |
10 |
955,000 | 955,000 | 955,000 | 955,000 | 955,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 955,000 | 954,390 | 954,390 | 954,390 | 954,390 | 954,390 | |
13 |
71,390 | 56,589 | 56,589 | 56,589 | 56,589 | 218,110 | 191,964 | 178,792 | 170,172 | 184,706 | 154,976 | 129,239 | 123,151 | 94,615 | 80,836 | 70,761 | 71,132 | 53,843 | 35,937 | 27,911 | |
130/1 |
71,390 | 56,589 | 56,589 | 56,589 | 56,589 | 56,589 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
71,390 | 56,589 | 56,589 | 56,589 | 56,589 | 56,589 | 55,282 | 54,623 | 51,692 | 51,692 | 45,706 | 44,419 | 44,115 | 40,688 | 38,749 | 36,465 | 36,465 | 33,600 | 29,205 | 22,334 | |
133 |
- | - | - | - | 0 | 161,520 | 136,682 | 124,169 | 118,480 | 133,014 | 109,270 | 84,820 | 79,036 | 53,927 | 42,087 | 34,296 | 34,667 | 20,242 | 6,732 | 5,578 | |
14 |
9,464 | -271,745 | -322,481 | -352,266 | -148,478 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6,892 | |
17/49 |
2.1m | 2.7m | 3.2m | 3.2m | 4.5m | 4.6m | 6.1m | 8.1m | 7.4m | 7.1m | 5.6m | 5.1m | 4.9m | 4.5m | 4.8m | 4.8m | 6.0m | 6.5m | 6.7m | 4.4m | |
17 |
149,757 | 162,064 | 86,145 | 88,538 | 73,030 | 122,893 | 183,841 | 197,703 | 232,920 | 235,200 | 83,842 | 116,056 | 106,024 | 18,388 | 36,724 | 73,842 | 116,365 | 161,081 | 84,666 | 58,722 | |
170/4 |
149,757 | 162,064 | 86,145 | 88,538 | 73,030 | 122,893 | 183,841 | 197,703 | 232,920 | 235,200 | 83,842 | 116,056 | 106,024 | 18,388 | 36,724 | 73,842 | 116,365 | 161,081 | 84,666 | 58,722 | |
172 |
- | - | - | - | 73,030 | 112,660 | 134,927 | 104,429 | 137,885 | 96,141 | 72,191 | 91,346 | 56,079 | - | - | - | - | 13,464 | 37,380 | 49,212 | |
173 |
- | - | - | - | 0 | 10,233 | 48,914 | 93,273 | 95,035 | 139,059 | 11,650 | 24,710 | 49,945 | 18,388 | 36,724 | 73,842 | 116,365 | 147,616 | 47,286 | 9,509 | |
42/48 |
2.0m | 2.5m | 3.1m | 3.1m | 4.4m | 4.5m | 5.9m | 7.9m | 7.1m | 6.9m | 5.6m | 5.0m | 4.8m | 4.5m | 4.7m | 4.7m | 5.9m | 6.3m | 6.6m | 4.3m | |
42 |
72,960 | 64,059 | 57,520 | 47,260 | 93,140 | 147,989 | 144,281 | 141,737 | 177,144 | 128,101 | 57,057 | 83,435 | 92,711 | 53,723 | 61,907 | 88,169 | 111,350 | 108,806 | 68,699 | 39,227 | |
43 |
250,000 | 800,000 | 1.1m | 1.4m | 2.4m | 1.5m | 3.2m | 4.6m | 4.4m | 4.3m | 3.6m | 1.9m | 2.3m | 1.9m | 1.9m | 2.1m | 2.3m | 2.3m | 2.6m | 2.0m | |
430/8 |
250,000 | 800,000 | 1.1m | 1.4m | 2.4m | 1.5m | 3.2m | 4.6m | 4.4m | 4.3m | 3.6m | 1.9m | 2.3m | 1.9m | 1.9m | 2.1m | 2.3m | 2.3m | 2.6m | 2.0m | |
44 |
1.1m | 1.1m | 1.5m | 977,146 | 1.2m | 1.9m | 1.6m | 2.2m | 1.7m | 1.6m | 1.2m | 2.2m | 1.8m | 1.9m | 1.9m | 2.0m | 2.2m | 2.9m | 2.8m | 1.8m | |
440/4 |
1.1m | 1.1m | 1.5m | 977,146 | 1.2m | 1.9m | 1.6m | 2.2m | 1.7m | 1.6m | 1.2m | 2.2m | 1.8m | 1.9m | 1.9m | 2.0m | 2.2m | 2.9m | 2.8m | 1.8m | |
45 |
313,448 | 313,748 | 198,706 | 363,983 | 345,458 | 532,014 | 446,332 | 373,981 | 334,313 | 345,952 | 364,047 | 645,599 | 500,432 | 590,739 | 698,663 | 451,812 | 1.1m | 574,830 | 605,686 | 475,794 | |
450/3 |
154,982 | 29,565 | 27,713 | 92,530 | 97,694 | 272,980 | 235,873 | 138,683 | 123,883 | 187,683 | 90,701 | 217,350 | 170,345 | 242,130 | 154,265 | 160,938 | 177,457 | 163,237 | 153,950 | 61,280 | |
454/9 |
158,466 | 284,183 | 170,993 | 271,453 | 247,764 | 259,034 | 210,459 | 235,298 | 210,430 | 158,269 | 273,346 | 428,248 | 330,087 | 348,608 | 544,398 | 290,875 | 952,650 | 411,593 | 451,737 | 414,514 | |
47/48 |
250,000 | 195,000 | 280,000 | 300,475 | 370,000 | 460,000 | 578,000 | 534,200 | 544,464 | 513,245 | 341,274 | 176,841 | 95,264 | 57,564 | 127,605 | 25,121 | 149,691 | 415,803 | 468,303 | - | |
492/3 |
8,244 | 10,025 | 15,827 | 16,595 | 18,069 | 15,175 | 24,483 | 15,902 | 8,115 | 8,848 | 7,474 | 9,118 | 670 | 18,642 | 47,804 | 25,657 | 55,857 | 30,378 | 17,284 | 13,027 | |
| Income statement | |||||||||||||||||||||
70/76A |
- | - | - | - | 6.5m | 8.9m | 7.7m | 9.2m | 6.7m | 10.0m | 7.9m | 7.0m | 7.3m | 8.1m | 7.7m | 8.0m | 10.0m | 12.5m | 11.3m | 8.6m | |
70 |
- | - | - | - | 6.0m | 10.5m | 8.9m | 8.8m | 6.2m | 8.4m | 7.2m | 6.6m | 7.1m | 7.9m | 7.1m | 8.8m | 10.2m | 12.0m | 9.7m | 8.1m | |
71 |
- | - | - | - | 428,951 | -1.7m | -1.6m | 331,548 | 491,798 | 1.5m | 600,436 | 66,912 | 116,844 | 104,328 | 562,954 | -1.1m | -286,306 | 451,414 | 1.4m | 264,426 | |
74 |
- | - | - | - | 117,903 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
76A |
1,630 | 1,786 | 992 | 1,405 | 105 | 166 | 14,062 | 6,730 | 1,999 | 4,700 | 1,500 | 7,596 | 10,534 | 2,682 | 10,456 | 18,595 | - | - | - | - | |
9900 |
2.7m | 2.2m | 2.1m | 1.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
60/66A |
- | - | - | - | 6.7m | 8.7m | 7.5m | 9.0m | 6.5m | 9.7m | 7.7m | 6.8m | 7.1m | 7.9m | 7.5m | 7.8m | 9.7m | 12.2m | 10.9m | 8.4m | |
60 |
- | - | - | - | 3.7m | 5.9m | 4.7m | 6.1m | 3.7m | 6.6m | 4.7m | 3.9m | 4.1m | 4.7m | 4.0m | 4.4m | 5.4m | 7.5m | 6.3m | 4.4m | |
600/8 |
- | - | - | - | 3.7m | 5.9m | 4.7m | 6.1m | 3.7m | 6.6m | 4.7m | 3.9m | 4.1m | 4.6m | 4.1m | 4.4m | 5.2m | 7.5m | 6.4m | 4.4m | |
609 |
- | - | - | - | -6,460 | -6,403 | 790 | -5,443 | 21,438 | 14,202 | 9,456 | 12,220 | -10,993 | 90,129 | -39,572 | 23,496 | 150,005 | -5,888 | -135,908 | -38,974 | |
61 |
- | - | - | - | 982,206 | 1.0m | 959,599 | 983,849 | 967,652 | 856,290 | 827,894 | 781,124 | 748,345 | 820,429 | 843,970 | 803,128 | 1.0m | 1.2m | 1.2m | 1.1m | |
62 |
2.1m | 2.0m | 1.9m | 1.9m | 1.8m | 1.6m | 1.6m | 1.7m | 1.8m | 2.1m | 2.1m | 2.0m | 2.2m | 2.2m | 2.4m | 2.4m | 3.2m | 3.3m | 3.3m | 2.8m | |
630 |
104,999 | 94,452 | 78,762 | 68,959 | 107,849 | 133,866 | 130,720 | 126,465 | 117,818 | 76,910 | 61,519 | 60,877 | 58,716 | 76,726 | 101,435 | 126,333 | 132,491 | 114,381 | 84,299 | 67,325 | |
631/4 |
84,968 | 9,530 | - | - | - | - | - | 23,241 | - | -39,573 | 39,573 | -52,683 | - | 52,683 | - | - | - | 80,000 | - | - | |
635/8 |
- | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
22,607 | 17,637 | 25,322 | 15,784 | 22,776 | 63,764 | 14,587 | 30,894 | 33,573 | 62,274 | 59,379 | 78,348 | 18,183 | 44,582 | 83,428 | 35,637 | 20,317 | 19,434 | 52,288 | 47,567 | |
649 |
- | - | - | - | 0 | -33,674 | - | - | -56,356 | - | - | - | - | - | - | - | - | - | - | - | |
66A |
- | 76 | - | 0 | 152,509 | - | - | - | 2,200 | - | - | 575 | 6,801 | 9,000 | 51,006 | - | 32,106 | 2,054 | - | 282 | |
9901 |
374,627 | 140,683 | 168,967 | -105,170 | -211,078 | 165,534 | 220,299 | 231,060 | 146,593 | 313,632 | 196,971 | 193,202 | 209,786 | 227,936 | 231,069 | 178,651 | 328,765 | 284,050 | 328,137 | 218,368 | |
75/76B |
2,231 | 6,321 | 2,809 | 3,031 | 2,672 | 2,009 | 5,321 | 11,679 | 6,543 | 9,999 | 15,015 | 6,842 | 19,869 | 7,013 | 29,941 | 10,988 | 21,265 | 18,973 | 23,767 | 3,525 | |
75 |
2,231 | 6,321 | 2,809 | 3,031 | 2,672 | 2,009 | 5,321 | 11,679 | 6,543 | 9,999 | 15,015 | 6,842 | 19,869 | 7,013 | 29,941 | 10,988 | 21,265 | 18,973 | 23,767 | 3,525 | |
750 |
- | - | - | - | - | - | - | - | 5,941 | 9,539 | 2,233 | 4,145 | 15,121 | 2,460 | 2,702 | 2,659 | 3,046 | 2,092 | 5,391 | 1,169 | |
751 |
- | - | - | - | 1,480 | 2,009 | 3,026 | 1,850 | - | 11 | 6 | 446 | 1,000 | 1,362 | 23,686 | 7,673 | 14,126 | 16,852 | 17,067 | 1,323 | |
752/9 |
- | - | - | - | 1,192 | 0 | 2,295 | 9,829 | 602 | 448 | 12,777 | 2,250 | 3,747 | 3,191 | 3,552 | 656 | 4,092 | 29 | 1,309 | 1,033 | |
65/66B |
66,309 | 94,175 | 139,930 | 99,678 | 99,420 | 122,137 | 190,989 | 169,931 | 163,263 | 176,001 | 177,853 | 194,442 | 152,092 | 181,582 | 165,653 | 203,812 | 256,475 | 208,412 | 208,950 | 124,265 | |
65 |
66,309 | 94,175 | 139,930 | 99,678 | 99,420 | 122,137 | 190,989 | 169,931 | 161,062 | 176,001 | 177,853 | 194,442 | 152,092 | 181,582 | 165,653 | 203,812 | 256,475 | 208,412 | 208,950 | 124,265 | |
650 |
- | - | - | - | 62,769 | 91,620 | 175,714 | 152,076 | 145,082 | 152,926 | 164,480 | 176,253 | 139,620 | 168,346 | 153,059 | 192,355 | 240,696 | 181,475 | 185,110 | 113,825 | |
652/9 |
- | - | - | - | 36,650 | 30,517 | 15,275 | 17,855 | 15,980 | 23,074 | 13,373 | 18,189 | 12,472 | 13,236 | 12,594 | 11,457 | 15,780 | 26,937 | 23,840 | 10,440 | |
66B |
0 | - | - | - | - | - | - | - | 2,200 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
310,548 | 52,828 | 31,846 | -201,817 | -307,825 | 45,406 | 34,631 | 72,808 | -10,127 | 147,630 | 35,634 | 12,622 | 81,296 | 47,048 | 54,807 | 4,423 | 61,448 | 92,557 | 142,954 | 97,346 | |
67/77 |
14,540 | 2,092 | 2,061 | 1,971 | 2,174 | 19,260 | 21,459 | 14,188 | 4,407 | 27,899 | 9,897 | 6,534 | 12,760 | 8,269 | 9,122 | 4,794 | 4,159 | 4,651 | 5,537 | 4,906 | |
670/3 |
- | - | - | - | 2,174 | 21,500 | 21,500 | 14,600 | 4,500 | 27,899 | 12,108 | 6,534 | 12,760 | 9,696 | 9,122 | 4,794 | 4,159 | 4,835 | 5,537 | 4,906 | |
77 |
- | - | - | - | 0 | 2,240 | 41 | 412 | 93 | - | 2,211 | - | - | 1,426 | - | - | - | 184 | - | - | |
9904 |
296,009 | 50,737 | 29,785 | -203,788 | -309,999 | 26,146 | 13,171 | 58,620 | -14,534 | 119,731 | 25,736 | 6,088 | 68,536 | 38,779 | 45,685 | -371 | 57,289 | 87,905 | 137,417 | 92,441 | |
9905 |
296,009 | 50,737 | 29,785 | -203,788 | -309,999 | 26,146 | 13,171 | 58,620 | -14,534 | 119,731 | 25,736 | 6,088 | 68,536 | 38,779 | 45,685 | -371 | 57,289 | 87,905 | 137,417 | 92,441 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
24,264 | -271,745 | -322,481 | -352,266 | -309,999 | 26,146 | 13,171 | 58,620 | -14,534 | 119,731 | 25,736 | 6,088 | 68,536 | 38,779 | 45,685 | -371 | 57,289 | 87,905 | 130,526 | -6,892 | |
14P |
-271,745 | -322,481 | -352,266 | -148,478 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | 0 | 161,520 | - | - | - | 14,534 | - | - | - | - | - | - | 371 | - | - | - | - | |
792 |
- | - | - | - | 161,520 | - | - | - | 14,534 | - | - | - | - | - | - | 371 | - | - | - | - | |
691/2 |
14,800 | - | - | - | 0 | 26,146 | 13,171 | 8,620 | - | 29,731 | 25,736 | 6,088 | 28,536 | 13,779 | 10,685 | - | 17,289 | 17,905 | 8,026 | - | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 610 | - | - | - | - | - | |
6920 |
14,800 | - | - | - | 0 | 1,307 | 659 | 2,931 | - | 5,987 | 1,287 | 304 | 3,427 | 1,939 | 2,284 | - | 2,864 | 4,395 | 6,871 | - | |
6921 |
- | - | - | - | 0 | 24,839 | 12,513 | 5,689 | - | 23,744 | 24,450 | 5,784 | 25,109 | 11,840 | 7,791 | - | 14,425 | 13,510 | 1,155 | - | |
694/7 |
- | - | - | - | - | - | 0 | 50,000 | - | 90,000 | - | - | 40,000 | 25,000 | 35,000 | - | 40,000 | 70,000 | 122,500 | - | |
695 |
- | - | - | - | - | - | 0 | 50,000 | - | 90,000 | - | - | 40,000 | 25,000 | 35,000 | - | 40,000 | 70,000 | 122,500 | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
44.9 | 43.4 | 43.4 | 43.5 | 41.8 | 40.2 | 42.7 | 43.3 | 50.3 | 56.9 | 55.5 | 58.5 | 62.7 | 69.1 | 74.4 | 86 | 92.8 | 91.7 | 92.7 | 83.8 | |
Men (FTE)1003 |
- | - | - | - | 40.6 | 39.4 | 41.1 | 41.3 | 48.3 | 55 | 54 | 56.7 | 61 | 67.5 | - | - | - | - | - | - | |
Women (FTE)1003 |
- | - | - | - | 1.2 | 0.8 | 1.6 | 2 | 2 | 1.9 | 1.5 | 1.8 | 1.7 | 1.6 | - | - | - | - | - | - | |
Agency workers1501 |
- | - | - | - | - | - | 0.1 | 0.3 | - | - | - | 1 | - | - | - | - | - | - | 0.1 | - | |
Hours worked1013 |
53,506 | 48,776 | 47,654 | 52,562 | 53,920 | 48,330 | 50,526 | 54,867 | 55,930 | 72,447 | 67,967 | 66,997 | 71,112 | 70,630 | 85,192 | 84,000 | 117,904 | 124,503 | 129,102 | 115,993 | |
| Document | |||||||||||||||||||||
The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 23 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 14-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 14-07-2026 | 2026-00290426 | |
| 31-12-2024 | full format | 28-07-2025 | 2025-00314085 | |
| 31-12-2023 | full format | 02-07-2024 | 2024-00194651 | |
| 31-12-2022 | full format | 07-07-2023 | 2023-00221372 | |
| 31-12-2021 | full format | 08-08-2022 | 2022-20279094 | |
| 31-12-2020 | full format | 14-07-2021 | 2021-35500543 | |
| 31-12-2019 | full format | 18-09-2020 | 2020-54400587 | |
| 31-12-2018 | full format | 21-08-2019 | 2019-51000257 | |
| 31-12-2017 | full format | 20-08-2018 | 2018-47700544 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-51000566 | |
| 31-12-2015 | full format | 29-08-2016 | 2016-50400023 | |
| 31-12-2014 | full format | 27-08-2015 | 2015-54900557 | |
| 31-12-2013 | full format | 14-07-2014 | 2014-30300301 | |
| 31-12-2012 | full format | 22-08-2013 | 2013-45200223 | |
| 31-12-2011 | full format | 20-08-2012 | 2012-42400498 | |
| 31-12-2010 | full format | 29-08-2011 | 2011-46500498 | |
| 31-12-2009 | full format | 15-07-2010 | 2010-31100427 | |
| 31-12-2008 | full format | 24-06-2009 | 2009-29200063 | |
| 31-12-2007 | full format | 25-06-2008 | 2008-29000037 | |
| 31-12-2006 | full format | 17-08-2007 | 2007-58300131 | |
| 31-12-2005 | full format | 17-07-2006 | 2006-47804931 | |
| 31-12-2004 | full format | 18-08-2005 | 2005-64603433 | |
| 31-12-2003 | full format | 14-07-2004 | 2004-45504243 | |
| 31-12-2002 | full format | 01-10-2003 | 2003-71601412 | |
| 31-12-2001 | full format | 02-09-2002 | 2002-52204622 | |
| 31-12-2000 | full format | 11-09-2001 | 2001-55401301 | |
| 31-12-1999 | full format | 29-06-2000 | 2000-32603041 | |
| 31-12-1998 | full format | 30-06-1999 | 1999-27800411 | |
| 31-12-1997 | full format | 31-07-1998 | 1998-38301470 | |
| 31-12-1996 | full format | 18-09-1997 | 1997-44300210 | |
| 31-12-1995 | full format | 02-08-1996 | 1996-39001464 | |
| 31-12-1994 | full format | 28-08-1995 | 1995-46900946 | |
| 31-12-1993 | full format | 07-10-1994 | 1994-43102598 | |
| 31-12-1992 | full format | 12-10-1993 | 1993-39801894 | |
| 31-12-1991 | full format | 21-04-1993 | 1993-05701927 | |
| 31-12-1990 | full format | 02-10-1991 | 1991-27300208 | |
| 31-12-1989 | full format | 01-10-1990 | 1990-25002621 | |
| 31-12-1988 | full format | 13-07-1989 | 1989-16705005 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 479,626 | 235,135 | 247,729 | -36,211 | -103,229 | 299,400 | 351,019 | 357,525 | 264,411 | 390,542 | 258,490 | 254,078 | 268,501 | 304,662 | 332,504 | 304,984 | 461,256 | 398,431 | 412,435 | 285,693 | ||
| 401,008 | 145,189 | 108,547 | -134,829 | -202,150 | 160,012 | 143,891 | 185,086 | 103,284 | 196,641 | 87,255 | 66,965 | 127,252 | 115,505 | 147,120 | 125,962 | 189,780 | 202,287 | 221,716 | 159,766 | ||
| 143,858 | 202,294 | 227,145 | 69,717 | 28,484 | 38,001 | 143,507 | 100,046 | 173,843 | 127,931 | 32,172 | 130,478 | 125,222 | 17,975 | 5,505 | 33,398 | 80,601 | 213,708 | 118,295 | 126,394 | ||
| 138,486 | -30,354 | 39,831 | -94,918 | -222,670 | -249 | 112,796 | -73,085 | 125,170 | -322,246 | 386,215 | 62,944 | 29,139 | -122,403 | -687,271 | 697,493 | 138,228 | -180,565 | 149,766 | - | ||
| 612,276 | 369,214 | 304,868 | 351,627 | 539,649 | 815,705 | 797,624 | 795,425 | 784,090 | 895,935 | 755,227 | 735,003 | 781,706 | 762,066 | 759,660 | 684,682 | 672,811 | 628,645 | 682,396 | 704,978 | ||
| - | - | - | - | -3.5% | 1.6% | 2.5% | 2.6% | 2.4% | 3.7% | 2.8% | 2.9% | 2.9% | 2.9% | 3.3% | 2.0% | 3.2% | 2.4% | 3.4% | 2.7% | ||
| 32.8% | 21.7% | 17.7% | 17.0% | 16.1% | 20.3% | 15.8% | 12.3% | 13.2% | 13.8% | 16.4% | 17.5% | 18.0% | 18.9% | 17.9% | 17.6% | 14.5% | 13.5% | 12.9% | 18.3% | ||
| 1.31 | 1.15 | 1.10 | 1.11 | 1.12 | 1.18 | 1.14 | 1.10 | 1.11 | 1.13 | 1.14 | 1.15 | 1.16 | 1.17 | 1.16 | 1.15 | 1.11 | 1.10 | 1.10 | 1.16 | ||
| 1.06 | 0.70 | 0.50 | 0.30 | 0.22 | 0.39 | 0.25 | 0.24 | 0.20 | 0.26 | 0.32 | 0.35 | 0.35 | 0.33 | 0.36 | 0.48 | 0.39 | 0.36 | 0.46 | 0.55 | ||
| 2.05 | 3.60 | 4.63 | 4.88 | 5.20 | 3.93 | 5.33 | 7.14 | 6.57 | 6.25 | 5.08 | 4.71 | 4.55 | 4.30 | 4.60 | 4.69 | 5.89 | 6.41 | 6.76 | 4.47 | ||
| 28.6% | 6.9% | 4.3% | -30.9% | -35.9% | 2.2% | 1.1% | 5.2% | -1.3% | 10.5% | 2.3% | 0.6% | 6.4% | 3.7% | 4.4% | 0.0% | 5.6% | 8.7% | 13.9% | 9.5% | ||
| 9.4% | 1.5% | 0.8% | -5.3% | -5.8% | 0.5% | 0.2% | 0.6% | -0.2% | 1.4% | 0.4% | 0.1% | 1.1% | 0.7% | 0.8% | 0.0% | 0.8% | 1.2% | 1.8% | 1.7% | ||
| 7.23 | 2.50 | 1.77 | -0.36 | -1.64 | 3.27 | 2.00 | 2.35 | 1.82 | 2.55 | 1.57 | 1.44 | 1.92 | 1.81 | 2.17 | 1.59 | 1.92 | 2.20 | 2.23 | 2.51 | ||
| - | - | - | - | 46 days | 45 days | 41 days | 63 days | 60 days | 62 days | 56 days | 80 days | 77 days | 59 days | 68 days | 47 days | 66 days | 46 days | 84 days | 81 days | ||
| - | - | - | - | 96 days | 98 days | 100 days | 114 days | 134 days | 80 days | 81 days | 169 days | 137 days | 126 days | 142 days | 144 days | 127 days | 119 days | 137 days | 118 days |
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 | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 47 | 44 | 45 | 44 | 43 |
| full-time | 44 | 41 | 42 | 41 | 42 |
| part-time | 3 | 3 | 3 | 3 | 1 |
| in full-time equivalents | 46.4 | 43.4 | 44.4 | 44.4 | 42.8 |
| 44.9 | 43.4 | 43.4 | 43.5 | 41.8 | |
| On a permanent contract | 44 | 41 | 44 | 43 | 42 |
| Joined | 4 | 4 | 4 | 4 | 3 |
| Left | 1 | 4 | 3 | 3 | 1 |
| Training hours | 2,209 | 152 | 42 | 42 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €143,665 | €135,798 | €166,170 |
| Mortgages, amount registered | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 |
| €2.4m | €2.4m | €2.4m | €2.4m | €4.1m | |
| €743,681 | €743,681 | €743,681 | €743,681 | €743,681 | |
| Mandates to pledge the business | €793,259 | €793,259 | €793,259 | €793,259 | €793,259 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €137,621 | €169,185 | €196,581 | €69,717 | €28,484 |
| Financial fixed assets | €6,238 | €33,110 | €30,564 | - | - |
| €104,999 | €94,452 | €78,762 | €68,959 | €107,849 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Fee for the audit | - | - | - | - | €5,600 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
The operating result for 2025 is 166% higher than in 2024 and the highest since 2006. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 78.3% to 67.2%. Equity is higher and debt is lower.
Deed of 13-11-2025Appointment: 2C&B SRL (statutory auditor)General meeting of 25-06-2024
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 30-06-2025 accounts of SERVI-CODE. Every holding stands with its own latest accounts.
| Patronale Dienst voor Organisatie en Kontrole van de Bestaanszekerheidsstelsels - Office patronal d'Organisation et de Côtrole des Régimes de Séc. d'Exis. via DEVOS EDDY, no longer at Patronale Dienst voor Organisatie en Kontrole van de Bestaanszekerheidsstelsels - Office patronal d'Organisation et de Côtrole des Régimes de Séc. d'Exis. · Director · deed of 17-12-2020 founded in 1987 |
14 FTE (2025) |
| Group S-Caisse d'assurances sociales pour indépendants a.s.b.l via DEVOS EDDY, no longer at Group S-Caisse d'assurances sociales pour indépendants a.s.b.l · Director · deed of 09-07-2024 founded in 1967 |
47 FTE (2025) |
| EMBUILD via DEVOS EDDY, no longer at EMBUILD · Director · deed of 19-06-2018 founded in 1946 |
110 FTE (2025) |
| TRADECOWALL via DEVOS EDDY, no longer at TRADECOWALL · Director · deed of 14-02-2018 founded in 1991 |
37 FTE (2025) |
| DVS Construct & Immo via DEVOS EDDY, no longer at DVS Construct & Immo · Director · deed of 25-05-2022 founded in 2017 |
turnover €824,408 (2025) |
| BUILDWISE via DEVOS EDDY, no longer at BUILDWISE · Director · deed of 08-02-2022 |
founded in 1959 |
| EMBUILD HAINAUT via DEVOS EDDY, no longer at EMBUILD HAINAUT · Director · deed of 22-11-2018 |
founded in 2000 |
| FONDS DE PROMOTION DE L'INDUSTRIE DE LA CONSTRUCTION - FONDS VOOR PROMOTIE VAN DE BOUWNIJVERHEID via DEVOS EDDY, no longer at FONDS DE PROMOTION DE L'INDUSTRIE DE LA CONSTRUCTION - FONDS VOOR PROMOTIE VAN DE BOUWNIJVERHEID · Director · deed of 20-08-2020 |
founded in 1966 |
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 |
|---|---|---|
| Quai des Vicinaux 30 registered office 7500 Tournai | 16-07-1987 | 2.029.623.644 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 57462A0004/00L000 | 3,484 m² | 1 · 265 m² | 6.5 m · 1 |
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 0431.480.942
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