Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
DEVOMAT INDUSTRIES from Edegem, company number BE0420241909, closed financial year 2022 with a result of € -8,994 after tax. For that financial year DEVOMAT INDUSTRIES recorded a gross margin of € 485,550 and equity of € 179,008. Compared with financial year 2021, the result moved from € 6,471 to € -8,994. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2023.
€ 179,008
▼ 5% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,994
▼ still € 6,471 profit in 2021
Profit after tax over the fiscal year.
€ 536
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -85,992.
People and assets in 2022
10.2
Average over the fiscal year, from the social balance sheet.
€ 408,974
▼ 22% vs 2021
€ 40,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 43,891
▲ 35% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 336,235
▲ 14% vs 2021
€ 85,575 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 240,697
▼ 25% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 49,458
▲ 119% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 610,875 | € 485,550 | ▼ 21% |
| Profit after taxes | € 6,471 | € -8,994 | ▼ € 15,465 |
| Equity | € 188,001 | € 179,008 | ▼ 5% |
| Total debts | € 638,266 | € 626,910 | ▼ 2% |
| Cash | - | € 536 | |
| Retained profit | € -76,999 | € -85,992 | ▼ € 8,994 |
| Bank debt | € 293,702 | € 336,235 | ▲ 14% |
| Balance sheet total | € 826,267 | € 805,917 | ▼ 2% |
| Employees (FTE) | 10.2 | 10.2 |
Key figures of DEVOMAT INDUSTRIES, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to DEVOMAT INDUSTRIES?
What happened at DEVOMAT INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
DEVOMAT INDUSTRIES is active according to the CBE. Legal situation: Opening faillissement.
- Erik De Vocht stepped down as director. NBB
- Gilbert De Vocht stepped down as director. NBB
- Joeri Vervoort stepped down as director. NBB
- New annual accounts for financial year 2022: loss of € 8,994 (▼ € 15,465 vs 2021). filed late Source: NBB ↗
- Erik De Vocht became a director. NBB
- Gilbert De Vocht became a director. NBB
- Joeri Vervoort became a director. NBB
- New establishment in Edegem. KBO
In short
From € 6,471 profit in 2021 to € 8,994 loss in 2022.
Paid € 9,168 in corporate taxes since 2021.
Best year ever: 2021, with € 6,471 profit.
On average € 47,600 of value added per employee in 2022.
Management
Directors
According to the 2022 annual accounts
Erik De Vocht
Director
since 2020 · until 2026
since 2020 · until 2026
Joeri Vervoort
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Florent Geversstraat 31
2650 Edegem
Florent Geversstraat 3
2650 Edegem
Active since 8 February 1980
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0420.241.909
- VAT number
- BE 0420.241.909
- Registered office
- Florent Geversstraat 31, 2650 Edegem
- Names & denominations
- DEVOMAT INDUSTRIES · D.I.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 8 February 1980
- Peppol
- Not registered
- Activities · NACE
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