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Theo DEVOGELAERE - DEWAELE

Active
Private limited companyfounded 1991active for 35 yearsSint Antoniusstraat 84, 8570 Anzegem, BelgiumKBO/BCE: BE 0444.693.926
Summary

Theo DEVOGELAERE - DEWAELE has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323,038 and a net result of -€9,870. Equity has been stable since 2018 (±0.4% per year). Its solvency ranks better than 94% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-01-1991 Normal situation
Activity
Site preparation NACE 43120
Establishment unit
2.053.606.202 8570 Anzegem, since 26-07-1991
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€3,553
Loss
€9,870
▲ 103%
Equity
€323,038
▼ 3.0%
Total assets
€358,272
▼ 3.5%
Turnover not published (abbreviated or micro format)
Filed on 23-06-2026, 38 days before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.46, cash €120,017Equity €323,038 (90.2% of total assets)Founded in 1991Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 90.2% of total assets
Liquidity 92+1
short-term debt 9.8% · cash 33.5%
Profitability 15-52
return on assets -2.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.46 (3.35 in 2024), above the usual 1.5. Short-term debt is 9.8% and cash 33.5% of total assets. 9.8% of the assets are financed with debt and provisions.
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 43, micro). It does better than 90% of them on solvency, 89% on liquidity, 13% on profitability and 30% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.46, cash €120,017
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €323,038 (90.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
41 days early
2023
36 days early
2022
47 days early
2021
82 days early
2020
54 days early
2019
32 days early
← 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 47 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 20 June (4 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
01-11-2026 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

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€9,870 View
  • Caution: Lower net result than 88% of companies in specialised constructionsector median €10,227 · 34,889 companies -€9,870 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Change of role: Devogelaere Dieter, from manager to directorAppointments: Devogelaere Jürgen (niet statutair bestuurder,eerste opvolger) and Devogelaere Gunther (niet statutair bestuurder,eerste opvolger)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Theo DEVOGELAERE - DEWAELE: site preparation (NACE 43120). They are comparable in size and age: total assets between €251,000 and €414,000, founded between 1989 and 2006.

CompanyTotal assetsGross margin
Theo DEVOGELAERE - DEWAELE Anzegem€358,272-€3,553
KRANEN DE BONDT Willebroek€369,242-€2,023
LES TERRASSEMENTS MARIO LEONCELLI Le Roeulx€413,758-€636
NOEL-CROMPHOUT Bever€267,509-€20,040
LUC BERO Walhain€251,314-€19,941
GRONDWERKEN VERVAEKE Wielsbeke€372,451-€84,228
GRONDVERZET DAVID HEYMAN Assenede€389,871-€5,216
Full comparison

Key facts about Theo DEVOGELAERE - DEWAELE

What is the company number of Theo DEVOGELAERE - DEWAELE?
The company number of Theo DEVOGELAERE - DEWAELE is 0444.693.926. The VAT number is the same number with BE in front: BE 0444.693.926.
Where is Theo DEVOGELAERE - DEWAELE based?
The registered office is at Sint Antoniusstraat 84, 8570 Anzegem.Company details
What does Theo DEVOGELAERE - DEWAELE do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of Theo DEVOGELAERE - DEWAELE?
The legal form of Theo DEVOGELAERE - DEWAELE is Private limited company (BV).
When was Theo DEVOGELAERE - DEWAELE founded?
Theo DEVOGELAERE - DEWAELE was founded on 01-01-1991.
Is Theo DEVOGELAERE - DEWAELE still active?
Yes, Theo DEVOGELAERE - DEWAELE is an active enterprise in the KBO register.
What is the turnover of Theo DEVOGELAERE - DEWAELE?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is Theo DEVOGELAERE - DEWAELE profitable?
In financial year 2025, Theo DEVOGELAERE - DEWAELE made a loss of €9,870.
Where can I find the annual accounts of Theo DEVOGELAERE - DEWAELE?
Theo DEVOGELAERE - DEWAELE filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Theo DEVOGELAERE - DEWAELE due?
Theo DEVOGELAERE - DEWAELE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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