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EDDY DEVOS CONSTRUCTIONS

Active Public limited companyfounded 1987active for 39 yearsQuai des Vicinaux 30, 7500 TournaiKBO/BCE: BE 0431.480.942 subsidiary of SERVI-CODE#5 employer in Tournai, Construction sector

Overview

Lifetime

20 annual accounts with figures on one time axis, 38 filings since 1988
peak €12.0m (2008)
-not published
lowest -€309,999 (2021)
€296,009▲ 483%
peak €1.2m (2020)
€1.0m▲ 40.0%
€2.1m▼ 20.5%
peak 92.8 FTE (2009)
44.9 FTE▲ 3.5%
Board5 names since 2021
2 directorsCHAMPY-CODE SA and 1 other
Owners
Documentsfilings and deeds
14-07-202617 days before the deadline
2025financial year
Gross margin from €2.2m to €2.7mResult from €50,737 to €296,009Appointment: 2C&B SRL (statutory auditor) 13-11Equity from €739,844 to €1.0mDebts from €2.7m to €2.1mCash from €112,556 to €251,042

Key points

from the 2025 annual accounts

Equity

€1.0m ▲ 40.0%

EDDY DEVOS CONSTRUCTIONS has made a profit without a break since 2023.

Result

€296,009 ▲ 483%
€50,7002024€296,0002025

The result rose in 2025 from €50,737 to €296,009.

Turnover

≈ €4.7m estimated

The accounts state no turnover.

Staff

44.9 FTE from 92.8 in 2009

Between 2009 and 2025, 52% of the full-time equivalents disappeared.

Filings

38 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

Five of the last ten came late. The 2019 accounts came latest: 49 days after the end of the period.

Position in the sector

€2.7m

Higher gross margin than 95% of companies in construction of buildings. Sector median €186,226 · 725 companies.

Checked score

89
Excellent
Financially stronger than 63% of small companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

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).

Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.4%▲ +0.2 percentage points vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.7%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 1.0%▼ -0.7 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.2%▲ +0.2 percentage points vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.3%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 0.3%▼ -1.0 percentage point vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Strong

58+11equity 32.8% of total assets
27+12short-term debt 62.2% · cash 8.0%
80+39return on assets 9.4%

Score breakdown

raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 1987
Figures for financial year 2025 (filed on 14-07-2026)
Profit of €296,009 (financial year 2025)
Calculation

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).

Comparable companies, two years later

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.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of EDDY DEVOS CONSTRUCTIONS itself: 0.3% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit of up to €90,000 on 30-day terms is acceptable

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.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 14-07-2026)
NBB · annual accounts
lowers risk · Profit of €296,009 (financial year 2025)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.0m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
3 days early
2023
29 days early
2022
24 days early
2021
8 days late
2020
17 days early
2019
49 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CC
CHAMPY-CODE SA
Managing director, Eddy DEVOS
SC
Managing director, Jean-Guillaume Devos
S
2C&B SRL (F00524)
Auditor
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0431480942
Appointment: 2C&B SRL (statutory auditor) General meeting of 25-06-2024 · Gazette deed
Amendment of the articles General meeting of 26-09-2023 · Gazette deed
Appointment: Servi-Code SA (managing director) Permanent representative: Jean-Guillaume Devos · Board meeting of 14-12-2021 · Gazette deed
All 51 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 07-07-1987Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.029.623.6447500 Tournai, since 16-07-1987
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€2.7m▲ 21.4%
€296,009▲ 483%
€1.0m▲ 40.0%
€3.2m▼ 7.3%
Employeeson 31-12-2025
47▲ 6.8%
Filing
Filed on 14-07-2026, 17 days before the end of the filing period
Financials

Insights on EDDY DEVOS CONSTRUCTIONS

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.

Financials

Annual accounts 2025

full format, filed on 14-07-2026, 17 days before the deadline
€2.7m
▲ 21.4%
€374,627
▲ 166%
€479,626
▲ 104%
€401,008
▲ 176%
32.8%
▲ 11.1 percentage points
1.31
▲ 0.16

Money flows

no detail for 2025

Balance sheet

balance sheet total €3.2m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

32.8%

Higher than 50% of 1,037 companies in 2025.

1.31

Higher than 41% of 1,016 companies in 2025.

9.4%

Higher than 77% of 1,032 companies in 2025.

EDDY DEVOS CONSTRUCTIONS Middle half of the sector 80% of the sector Full accounts in construction of buildings (NACE 41)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter

Staff

Men and women

Not in that year's accounts.

€47,624

Staff costs divided by the average number of full-time equivalents.

+3 people

people who joined people who left

In 2025, 4 people joined and 1 left. Training hours in 2025: 2,209.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 3.2m3.4m3.9m3.9m5.4m5.8m7.3m9.2m8.5m8.3m6.8m6.2m6.0m5.6m5.8m5.8m7.1m7.5m7.7m5.3m
20 --05,47516,70027,92411,18729,97248,758----------6,542
21/28 581,579542,719486,212407,354397,861467,549546,477522,000533,360487,820446,064474,411403,139324,580360,704439,968524,933571,046409,881342,181
21 -01,5723,9306,73410,14714,40818,6684,9796,436----9382,0156,70711,45816,245427
22/27 385,464352,842277,683152,031137,244203,519278,187249,449274,498222,002177,417206,764137,17873,281131,271228,065316,307369,096264,983242,762
24 150,252150,039137,93519,87828,60351,13672,72997,01587,99963,21053,96160,54346,18960,596113,153201,291277,859305,671164,315147,297
25 152,550131,651134,472129,968105,746---------------
26 82,6634,1795,2752,1842,8954278551,2821,709675251,1542,8434,5236,2047,88411,14814,41117,67516,287
27 066,974------------------
28 196,114189,877206,957251,393253,883253,883253,883253,883253,883259,383268,647267,647265,962251,299228,494209,889201,919190,492128,65392,449
282/3 -----0--------------
284/8 ----253,883253,883253,883253,883253,883259,383268,647267,647265,962251,299228,494209,889201,919190,492128,65392,449
284 ----12,63312,63312,63312,63312,63317,63317,63317,63317,63317,63317,63317,63317,63311,98311,9839,483
285/8 ----241,250241,250241,250241,250241,250241,750251,014250,014248,329233,666210,861192,256184,286178,509116,67082,966
29/58 2.6m2.9m3.4m3.5m4.9m5.3m6.7m8.7m7.9m7.8m6.3m5.7m5.6m5.2m5.4m5.4m6.5m6.9m7.3m5.0m
29 -----------------150,000150,000150,000
291 -----------------150,000150,000150,000
3 491,7481.1m1.8m2.5m4.0m3.5m5.2m6.8m6.5m6.0m4.5m3.9m3.9m3.8m3.8m3.1m4.2m4.7m4.2m2.6m
30/36 415,487787,3461.8m2.1m3.2m3.0m3.9m5.6m6.5m6.0m4.5m3.7m3.8m3.7m3.7m3.1m4.0m4.5m3.7m2.2m
30/31 ----78,19871,73865,33566,12560,68282,12096,322105,778117,998107,005197,134100,952135,850198,909164,560182,869
32 ----3.1m2.9m3.9m5.5m6.4m5.9m4.4m3.6m3.7m3.6m3.5m3.0m3.8m4.2m3.4m2.0m
35 ---------------56,61045,208132,154160,6156,398
37 76,261340,61740,000457,280793,217557,7751.3m1.2m--48,366270,06194,53720,23145,5154,000218,174143,200523,303474,856
40/41 1.8m1.6m1.4m811,193745,9951.3m1.0m1.5m1.0m1.5m1.1m1.5m1.5m1.3m1.4m1.3m2.0m1.9m2.6m2.1m
40 1.8m1.6m1.4m811,193745,9951.3m999,7701.5m1.0m1.4m1.1m1.5m1.5m1.3m1.3m1.1m1.9m1.5m2.2m1.8m
41 70656,2898,282-06,7696,8515,68712,90013,66013,24133,34037,72552,303120,925120,550165,879404,663348,549283,318
54/58 251,042112,556142,911103,080197,998420,668420,916308,120381,205256,035578,281192,065129,12199,983222,385909,656212,16273,934254,499104,733
490/1 18,99512,29713,16712,16411,41316,53238,62725,80452,08948,19472,48877,24322,12834,12824,10974,11474,25679,84762,16615,500
Balance sheet: equity and liabilities
10/49 3.2m3.4m3.9m3.9m5.4m5.8m7.3m9.2m8.5m8.3m6.8m6.2m6.0m5.6m5.8m5.8m7.1m7.5m7.7m5.3m
10/15 1.0m739,844689,108659,323863,1111.2m1.1m1.1m1.1m1.1m1.1m1.1m1.1m1.0m1.0m1.0m1.0m1.0m990,327975,410
10/11 955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000954,390954,390954,390954,390954,390
10 955,000955,000955,000955,000955,000---------------
100 955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000955,000954,390954,390954,390954,390954,390
13 71,39056,58956,58956,58956,589218,110191,964178,792170,172184,706154,976129,239123,15194,61580,83670,76171,13253,84335,93727,911
130/1 71,39056,58956,58956,58956,58956,589--------------
130 71,39056,58956,58956,58956,58956,58955,28254,62351,69251,69245,70644,41944,11540,68838,74936,46536,46533,60029,20522,334
133 ----0161,520136,682124,169118,480133,014109,27084,82079,03653,92742,08734,29634,66720,2426,7325,578
14 9,464-271,745-322,481-352,266-148,478---------------6,892
17/49 2.1m2.7m3.2m3.2m4.5m4.6m6.1m8.1m7.4m7.1m5.6m5.1m4.9m4.5m4.8m4.8m6.0m6.5m6.7m4.4m
17 149,757162,06486,14588,53873,030122,893183,841197,703232,920235,20083,842116,056106,02418,38836,72473,842116,365161,08184,66658,722
170/4 149,757162,06486,14588,53873,030122,893183,841197,703232,920235,20083,842116,056106,02418,38836,72473,842116,365161,08184,66658,722
172 ----73,030112,660134,927104,429137,88596,14172,19191,34656,079----13,46437,38049,212
173 ----010,23348,91493,27395,035139,05911,65024,71049,94518,38836,72473,842116,365147,61647,2869,509
42/48 2.0m2.5m3.1m3.1m4.4m4.5m5.9m7.9m7.1m6.9m5.6m5.0m4.8m4.5m4.7m4.7m5.9m6.3m6.6m4.3m
42 72,96064,05957,52047,26093,140147,989144,281141,737177,144128,10157,05783,43592,71153,72361,90788,169111,350108,80668,69939,227
43 250,000800,0001.1m1.4m2.4m1.5m3.2m4.6m4.4m4.3m3.6m1.9m2.3m1.9m1.9m2.1m2.3m2.3m2.6m2.0m
430/8 250,000800,0001.1m1.4m2.4m1.5m3.2m4.6m4.4m4.3m3.6m1.9m2.3m1.9m1.9m2.1m2.3m2.3m2.6m2.0m
44 1.1m1.1m1.5m977,1461.2m1.9m1.6m2.2m1.7m1.6m1.2m2.2m1.8m1.9m1.9m2.0m2.2m2.9m2.8m1.8m
440/4 1.1m1.1m1.5m977,1461.2m1.9m1.6m2.2m1.7m1.6m1.2m2.2m1.8m1.9m1.9m2.0m2.2m2.9m2.8m1.8m
45 313,448313,748198,706363,983345,458532,014446,332373,981334,313345,952364,047645,599500,432590,739698,663451,8121.1m574,830605,686475,794
450/3 154,98229,56527,71392,53097,694272,980235,873138,683123,883187,68390,701217,350170,345242,130154,265160,938177,457163,237153,95061,280
454/9 158,466284,183170,993271,453247,764259,034210,459235,298210,430158,269273,346428,248330,087348,608544,398290,875952,650411,593451,737414,514
47/48 250,000195,000280,000300,475370,000460,000578,000534,200544,464513,245341,274176,84195,26457,564127,60525,121149,691415,803468,303-
492/3 8,24410,02515,82716,59518,06915,17524,48315,9028,1158,8487,4749,11867018,64247,80425,65755,85730,37817,28413,027
Income statement
70/76A ----6.5m8.9m7.7m9.2m6.7m10.0m7.9m7.0m7.3m8.1m7.7m8.0m10.0m12.5m11.3m8.6m
70 ----6.0m10.5m8.9m8.8m6.2m8.4m7.2m6.6m7.1m7.9m7.1m8.8m10.2m12.0m9.7m8.1m
71 ----428,951-1.7m-1.6m331,548491,7981.5m600,43666,912116,844104,328562,954-1.1m-286,306451,4141.4m264,426
74 ----117,903---------------
76A 1,6301,7869921,40510516614,0626,7301,9994,7001,5007,59610,5342,68210,45618,595----
9900 2.7m2.2m2.1m1.8m----------------
60/66A ----6.7m8.7m7.5m9.0m6.5m9.7m7.7m6.8m7.1m7.9m7.5m7.8m9.7m12.2m10.9m8.4m
60 ----3.7m5.9m4.7m6.1m3.7m6.6m4.7m3.9m4.1m4.7m4.0m4.4m5.4m7.5m6.3m4.4m
600/8 ----3.7m5.9m4.7m6.1m3.7m6.6m4.7m3.9m4.1m4.6m4.1m4.4m5.2m7.5m6.4m4.4m
609 -----6,460-6,403790-5,44321,43814,2029,45612,220-10,99390,129-39,57223,496150,005-5,888-135,908-38,974
61 ----982,2061.0m959,599983,849967,652856,290827,894781,124748,345820,429843,970803,1281.0m1.2m1.2m1.1m
62 2.1m2.0m1.9m1.9m1.8m1.6m1.6m1.7m1.8m2.1m2.1m2.0m2.2m2.2m2.4m2.4m3.2m3.3m3.3m2.8m
630 104,99994,45278,76268,959107,849133,866130,720126,465117,81876,91061,51960,87758,71676,726101,435126,333132,491114,38184,29967,325
631/4 84,9689,530-----23,241--39,57339,573-52,683-52,683---80,000--
635/8 ------0-------------
640/8 22,60717,63725,32215,78422,77663,76414,58730,89433,57362,27459,37978,34818,18344,58283,42835,63720,31719,43452,28847,567
649 ----0-33,674---56,356-----------
66A -76-0152,509---2,200--5756,8019,00051,006-32,1062,054-282
9901 374,627140,683168,967-105,170-211,078165,534220,299231,060146,593313,632196,971193,202209,786227,936231,069178,651328,765284,050328,137218,368
75/76B 2,2316,3212,8093,0312,6722,0095,32111,6796,5439,99915,0156,84219,8697,01329,94110,98821,26518,97323,7673,525
75 2,2316,3212,8093,0312,6722,0095,32111,6796,5439,99915,0156,84219,8697,01329,94110,98821,26518,97323,7673,525
750 --------5,9419,5392,2334,14515,1212,4602,7022,6593,0462,0925,3911,169
751 ----1,4802,0093,0261,850-1164461,0001,36223,6867,67314,12616,85217,0671,323
752/9 ----1,19202,2959,82960244812,7772,2503,7473,1913,5526564,092291,3091,033
65/66B 66,30994,175139,93099,67899,420122,137190,989169,931163,263176,001177,853194,442152,092181,582165,653203,812256,475208,412208,950124,265
65 66,30994,175139,93099,67899,420122,137190,989169,931161,062176,001177,853194,442152,092181,582165,653203,812256,475208,412208,950124,265
650 ----62,76991,620175,714152,076145,082152,926164,480176,253139,620168,346153,059192,355240,696181,475185,110113,825
652/9 ----36,65030,51715,27517,85515,98023,07413,37318,18912,47213,23612,59411,45715,78026,93723,84010,440
66B 0-------2,200-----------
9903 310,54852,82831,846-201,817-307,82545,40634,63172,808-10,127147,63035,63412,62281,29647,04854,8074,42361,44892,557142,95497,346
67/77 14,5402,0922,0611,9712,17419,26021,45914,1884,40727,8999,8976,53412,7608,2699,1224,7944,1594,6515,5374,906
670/3 ----2,17421,50021,50014,6004,50027,89912,1086,53412,7609,6969,1224,7944,1594,8355,5374,906
77 ----02,2404141293-2,211--1,426---184--
9904 296,00950,73729,785-203,788-309,99926,14613,17158,620-14,534119,73125,7366,08868,53638,77945,685-37157,28987,905137,41792,441
9905 296,00950,73729,785-203,788-309,99926,14613,17158,620-14,534119,73125,7366,08868,53638,77945,685-37157,28987,905137,41792,441
Appropriation of the result
9906 24,264-271,745-322,481-352,266-309,99926,14613,17158,620-14,534119,73125,7366,08868,53638,77945,685-37157,28987,905130,526-6,892
14P -271,745-322,481-352,266-148,478----------------
791/2 ---0161,520---14,534------371----
792 ----161,520---14,534------371----
691/2 14,800---026,14613,1718,620-29,73125,7366,08828,53613,77910,685-17,28917,9058,026-
691 --------------610-----
6920 14,800---01,3076592,931-5,9871,2873043,4271,9392,284-2,8644,3956,871-
6921 ----024,83912,5135,689-23,74424,4505,78425,10911,8407,791-14,42513,5101,155-
694/7 ------050,000-90,000--40,00025,00035,000-40,00070,000122,500-
695 ------050,000-90,000--40,00025,00035,000-40,00070,000122,500-
Social balance sheet
9087 44.943.443.443.541.840.242.743.350.356.955.558.562.769.174.48692.891.792.783.8
Men (FTE)1003 ----40.639.441.141.348.3555456.76167.5------
Women (FTE)1003 ----1.20.81.6221.91.51.81.71.6------
Agency workers1501 ------0.10.3---1------0.1-
Hours worked1013 53,50648,77647,65452,56253,92048,33050,52654,86755,93072,44767,96766,99771,11270,63085,19284,000117,904124,503129,102115,993
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 14-07-2026 2026-00290426 PDF
31-12-2024 full format 28-07-2025 2025-00314085 PDF
31-12-2023 full format 02-07-2024 2024-00194651 PDF
31-12-2022 full format 07-07-2023 2023-00221372 PDF
31-12-2021 full format 08-08-2022 2022-20279094 PDF
31-12-2020 full format 14-07-2021 2021-35500543 PDF
31-12-2019 full format 18-09-2020 2020-54400587 PDF
31-12-2018 full format 21-08-2019 2019-51000257 PDF
31-12-2017 full format 20-08-2018 2018-47700544 PDF
31-12-2016 full format 28-08-2017 2017-51000566 PDF
31-12-2015 full format 29-08-2016 2016-50400023 PDF
31-12-2014 full format 27-08-2015 2015-54900557 PDF
31-12-2013 full format 14-07-2014 2014-30300301 PDF
31-12-2012 full format 22-08-2013 2013-45200223 PDF
31-12-2011 full format 20-08-2012 2012-42400498 PDF
31-12-2010 full format 29-08-2011 2011-46500498 PDF
31-12-2009 full format 15-07-2010 2010-31100427 PDF
31-12-2008 full format 24-06-2009 2009-29200063 PDF
31-12-2007 full format 25-06-2008 2008-29000037 PDF
31-12-2006 full format 17-08-2007 2007-58300131 PDF
31-12-2005 full format 17-07-2006 2006-47804931 PDF
31-12-2004 full format 18-08-2005 2005-64603433 PDF
31-12-2003 full format 14-07-2004 2004-45504243 PDF
31-12-2002 full format 01-10-2003 2003-71601412 PDF
31-12-2001 full format 02-09-2002 2002-52204622 PDF
31-12-2000 full format 11-09-2001 2001-55401301 PDF
31-12-1999 full format 29-06-2000 2000-32603041 PDF
31-12-1998 full format 30-06-1999 1999-27800411 PDF
31-12-1997 full format 31-07-1998 1998-38301470 PDF
31-12-1996 full format 18-09-1997 1997-44300210 PDF
31-12-1995 full format 02-08-1996 1996-39001464 PDF
31-12-1994 full format 28-08-1995 1995-46900946 PDF
31-12-1993 full format 07-10-1994 1994-43102598 PDF
31-12-1992 full format 12-10-1993 1993-39801894 PDF
31-12-1991 full format 21-04-1993 1993-05701927 PDF
31-12-1990 full format 02-10-1991 1991-27300208 PDF
31-12-1989 full format 01-10-1990 1990-25002621 PDF
31-12-1988 full format 13-07-1989 1989-16705005 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
479,626235,135247,729-36,211-103,229299,400351,019357,525264,411390,542258,490254,078268,501304,662332,504304,984461,256398,431412,435285,693
401,008145,189108,547-134,829-202,150160,012143,891185,086103,284196,64187,25566,965127,252115,505147,120125,962189,780202,287221,716159,766
143,858202,294227,14569,71728,48438,001143,507100,046173,843127,93132,172130,478125,22217,9755,50533,39880,601213,708118,295126,394
138,486-30,35439,831-94,918-222,670-249112,796-73,085125,170-322,246386,21562,94429,139-122,403-687,271697,493138,228-180,565149,766-
612,276369,214304,868351,627539,649815,705797,624795,425784,090895,935755,227735,003781,706762,066759,660684,682672,811628,645682,396704,978
-----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%
1.311.151.101.111.121.181.141.101.111.131.141.151.161.171.161.151.111.101.101.16
1.060.700.500.300.220.390.250.240.200.260.320.350.350.330.360.480.390.360.460.55
2.053.604.634.885.203.935.337.146.576.255.084.714.554.304.604.695.896.416.764.47
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%
7.232.501.77-0.36-1.643.272.002.351.822.551.571.441.921.812.171.591.922.202.232.51
----46 days45 days41 days63 days60 days62 days56 days80 days77 days59 days68 days47 days66 days46 days84 days81 days
----96 days98 days100 days114 days134 days80 days81 days169 days137 days126 days142 days144 days127 days119 days137 days118 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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date4744454443
full-time4441424142
part-time33331
in full-time equivalents46.443.444.444.442.8
44.943.443.443.541.8
On a permanent contract4441444342
Joined44443
Left14331
Training hours2,2091524242-

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
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)

Investments

fixed assets acquired
Item20252024202320222021
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)

Auditor

fees
Item20252024202320222021
Fee for the audit----€5,600

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on EDDY DEVOS CONSTRUCTIONS

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.

Board & ownership

Board

2 directors, 2 in day-to-day management, 1 auditor, last change in 2025

Deed of 13-11-2025Appointment: 2C&B SRL (statutory auditor)General meeting of 25-06-2024

CHAMPY-CODE SA
Director and managing director, permanent representative Eddy DEVOS
director since 01-06-2021 managing director in office according to the deed of 23-06-2021 6-year term from 2021
listed in the 2025 annual accounts, filed on 14-07-2026
Director and managing director, permanent representative Jean-Guillaume Devos
director since 01-01-2022 managing director appointed by deed of 18-01-2022 6-year term from 2021
listed in the 2025 annual accounts, filed on 14-07-2026
2C&B SRL (F00524)
Statutory auditor
since 25-06-2024 term until 01-06-2027
listed in the 2025 annual accounts, filed on 14-07-2026
SERVI-CODE SA, CHAMPY-CODE SA
Permanent representatives 2
Eddy DEVOS
Permanent representative, for CHAMPY-CODE SA
in office according to the deed of 23-06-2021
Jean-Guillaume Devos
Permanent representative, for SERVI-CODE SA
in office according to the deed of 23-06-2021

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
CHAMPY-CODE SA
Director, Managing director
SERVI-CODE SA
Director, Managing director
2C&B SRL (F00524)
Statutory auditor
2 C&B
Statutory auditor
SRL 2C&B
Statutory auditor
LeadershipBoardRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • CHAMPY-CODE SA
    • Director, from 01-06-2021 to date
    • Managing director, since before 23-06-2021
  • SERVI-CODE SA
    • Director, from 02-06-2021 to date
    • Managing director, appointed by deed of 18-01-2022, still in office
  • 2C&B SRL (F00524)
    • Statutory auditor, from 01-06-2021 to date
  • 2 C&B
    • Statutory auditor, appointed by deed of 23-06-2021, until 13-11-2025
  • SRL 2C&B
    • Statutory auditor, appointed by deed of 13-11-2025, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Parent
Equity €529,821
Profit €24,860 in 2025 (profit €26,058 in 2024)
Checked score 92
99.99%
This company
EDDY DEVOS CONSTRUCTIONS
Equity €1.0m
Profit €296,009 in 2025

Capital

Capital
€955,000
Shares
27,500
Contribution per share
€34.73
Equity per share
€37.67 in 2025
Source
deed of 25-10-2023

Owners through the years

as the annual accounts name them

Source: lists of holdings in the owners' accounts

Articles of association

deed of 25-10-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 10:00

Network & group

Group

SERVI-CODE has 1 direct subsidiary (accounts to 30-06-2025), the bar shows equity in euros
ParentSERVI-CODE1 holding, 1 country accounts to 30-06-2025

Belgium 1 Equity Result

  • BE Eddy Devos Constructions SA99.99% €1.0m result €296,009

Source: list of holdings in the 30-06-2025 accounts of SERVI-CODE. Every holding stands with its own latest accounts.

Earlier ties

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
Show 2 more earlier ties
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

Board mandates elsewhere

1 board mandate
Board mandates of EDDY DEVOS CONSTRUCTIONSEDDY DEVOS CONSTRUCTIONS sits on their board1
Director · 19 locations
Founded in 1945 · turnover €79.4m (2025)

Connections & network

2 connected companies

Timeline

Timeline

51 events since 1987

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0431480942
Annual accounts 2025 filed NBBfull format · 17 days before the deadline
2025
Highest result from 2006 to 2025 net €296,009 ▲483% The operating result of €374,627 and the net result of €296,009 are both a record.
Appointment: 2C&B SRL (statutory auditor)General meeting of 25-06-20242 points ▸
  • General meeting, 25-06-2024
  • Auditor appointment, 2C&B SRL (statutory auditor)

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFfull format · 3 days before the deadline
2024
Annual accounts 2023 filed PDFfull format · 29 days before the deadline
2023
Back to profit net €29,785 The net result is €29,785, after 2 loss-making years.
Amendment of the articlesGeneral meeting of 26-09-20232 points ▸
  • General meeting, 26-09-2023
  • Capital, €955,000, 27,500 shares
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 24 days before the deadline
2022
Annual accounts 2021 filed PDFfull format · 8 days late
Appointment: Servi-Code SA (managing director)Permanent representative: Jean-Guillaume Devos · Board meeting of 14-12-20213 points ▸
  • Board meeting, 14-12-2021
  • Director appointment, Servi-Code SA (managing director)
  • Permanent representative, Jean-Guillaume Devos

Open the deed in the Belgian Official Gazette

2021
Weakest financial year net -€309,999 The net result drops to -€309,999, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFfull format · 17 days before the deadline
2 directors reappointed, 1 statutory auditor reappointedCHAMPY-CODE SA (managing director), SERVI-CODE SA and 2 C&B (statutory auditor) · Permanent representatives: Eddy DEVOS and Jean-Guillaume DEVOS · General meeting of 01-06-20218 points ▸
  • General meeting, 01-06-2021
  • Director reappointment, CHAMPY-CODE SA
  • Permanent representative, Eddy DEVOS
  • Director reappointment, SERVI-CODE SA
  • Permanent representative, Jean-Guillaume DEVOS
  • Auditor reappointment, 2 C&B (statutory auditor)
  • Board meeting, 01-06-2021
  • Director reappointment, CHAMPY-CODE SA (managing director)

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFfull format · 49 days late
2019
Annual accounts 2018 filed PDFfull format · 21 days late
2018
Back to profit net €58,620 The net result is €58,620, after one loss-making year.
Annual accounts 2017 filed PDFfull format · 20 days late
2017
Annual accounts 2016 filed PDFfull format · 28 days late
2016
Annual accounts 2015 filed PDFfull format · 29 days late
2015
Annual accounts 2014 filed PDFfull format · 27 days late
2014
Annual accounts 2013 filed PDFfull format · 17 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 22 days late
2012
Annual accounts 2011 filed PDFfull format · 20 days late
2011
Back to profit net €45,685 The net result is €45,685, after one loss-making year.
Annual accounts 2010 filed PDFfull format · 29 days late
2010
Annual accounts 2009 filed PDFfull format · 16 days before the deadline
2009
Annual accounts 2008 filed PDFfull format · 37 days before the deadline
2008
Equity above €1m equity €1.0m ▲1.8% With a profit in every financial year since 2006, equity grows to €1.0m.
Annual accounts 2007 filed PDFfull format · 36 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 17 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
1997
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
1995
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
Annual accounts 1991 filed PDFfull format
1991
Annual accounts 1990 filed PDFfull format
1990
Annual accounts 1989 filed PDFfull format
1989
Annual accounts 1988 filed PDFfull format
1987
First establishment Quai des Vicinaux 30, Tournai
Incorporation published on 29-07-1987

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

EDDY DEVOS CONSTRUCTIONS was incorporated on 7 July 1987.1 Turnover fell from €8.8m in 2018 to €6.0m in 2021 and headcount from 43.3 full-time equivalents in 2018 to 44.9 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2021 and 2025

Company details

Identity

Enterprise number
0431.480.942
VAT number
BE 0431.480.942
Peppol ID
0208:0431480942
Legal form
Public limited company
Status
Active, normal situation
Founded
07-07-1987
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 10:00
deed of 25-10-2023 (in French)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
EDDY DEVOS CONSTRUCTIONS in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-10-2023 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne”
deed of 25-10-2023 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
VAT activities
41201 General construction of buildings main activity
Social security (RSZ) activities
41201 General construction of buildings main activity
Codes under NACEBEL 2003
VAT activities
45211 main activity
Social security (RSZ) activities
45211 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Les entreprises générales de travaux publics et privés,au sens le plus large de ces termes,et notamment l’entreprise générale de…”
3 activities
  1. Les entreprises générales de travaux publics et privés,au sens le plus large de ces termes,et notamment l’entreprise générale de construction,constructions de bâtiments,gros-oeuvres et corps d’état secondaires,de réfection et d’entretien des routes,la construction et la révision d’écluses,de barrages,de digues,de moles,de canaux,d’œuvres d’art,situés sur des voies hydrauliques et les travaux portuaires,ainsi que les entreprises de dragages,de travaux d’égout,de terrassement,de fondation et de travaux de drainage.
  2. La coordination de corps d’état secondaires.
  3. Toutes activités de bureaux d’études techniques de la construction.
deed of 25-10-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Quai des Vicinaux 30 registered office 7500 Tournai 16-07-1987 2.029.623.644

Buildings and parcels at the address

Ground area
3,484 m²
Buildings
265 m²
Volume, LiDAR
1,075 m³
Tallest building
6.5 m
Buildings to scale, each on its own parcel
265 m², 6.5 m 265 m², 6.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
57462A0004/00L0003,484 m² 1 · 265 m² 6.5 m · 1

Recognitions

Recognised contractor

12 categories
EDDY DEVOS CONSTRUCTIONS SAapproval number 18599
  • C General road works contractsclass 1, up to €162,000
  • C1 Ordinary sewer worksclass 1, up to €162,000
  • D General building contractsclass 6, up to €3,870,000
  • D1 All shell construction and roofing-in of buildingsclass 6, up to €3,870,000
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
  • D5 General joinery, timber roof trusses and stairsclass 3, up to €600,000
  • D10 Tilingclass 1, up to €162,000
  • D12 Non-metal, non-asphalt roof coveringsclass 1, up to €162,000
Show all 12 categories
  • D20 Metal joineryclass 3, up to €600,000
  • D24 Restoration of monumentsclass 1, up to €162,000
  • E General civil engineering contractsclass 3, up to €600,000
  • G General earthworks contractsclass 3, up to €600,000
decision 07-07-2025

Invoicing and payment

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