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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
DEVANO from Gistel, company number BE0426627378, closed financial year 2025 with a result of € -233,255 after tax. For that financial year DEVANO recorded a gross margin of € -79,974 and equity of € -127,163. Compared with financial year 2024, the result moved from € 88,812 to € -233,255. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ -127,163
▼ € 233,255 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -233,255
▼ still € 88,812 profit in 2024
Profit after tax over the fiscal year.
€ 192,056
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -977,163.
Debts at end 2025
€ 467,342
▼ 9% vs 2024
€ 16,810 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 413,387
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 85,014 | € 167,437 | € 309,540 | € -79,974 | ▼ € 389,513 |
| Profit after taxes | € -149,272 | € -28,525 | € 88,812 | € -233,255 | ▼ € 322,066 |
| Equity | € -204,196 | € 17,280 | € 106,091 | € -127,163 | ▼ € 233,255 |
| Total debts | € 1,948,770 | € 1,634,147 | € 1,340,543 | € 1,193,884 | ▼ 11% |
| Cash | € 36,223 | € 98,015 | € 324,143 | € 192,056 | ▼ 41% |
| Land & buildings | € 774,534 | € 639,542 | € 497,991 | € 445,129 | ▼ 11% |
| Retained profit | € -804,196 | € -832,720 | € -743,909 | € -977,163 | ▼ € 233,255 |
| Bank debt | € 997,772 | € 664,296 | € 514,152 | € 467,342 | ▼ 9% |
| Balance sheet total | € 1,744,574 | € 1,651,427 | € 1,446,634 | € 1,066,720 | ▼ 26% |
Key figures of DEVANO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DEVANO?
What happened at DEVANO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 233,255 (▼ € 322,066 vs 2024). Source: NBB ↗
- Gianni Tolpe became a director. NBB
- New establishment in Ichtegem. KBO
- Carine Decloedt became a director. NBB
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 149,272 loss in 2022 to € 233,255 loss in 2025.
Best year ever: 2024, with € 88,812 profit.
Management
Behind DEVANO are Carine Decloedt and Gianni Tolpe. Carine Decloedt is also behind IVACO, PORKYFOK and INNOVA MANURE.
Directors
According to the 2025 annual accounts
since 2005
Gianni Tolpe
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Bazelaar 1
8470 Gistel
Diksmuidebaan(ICH) 222
8480 Ichtegem
Active since 1 September 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.627.378
- VAT number
- BE 0426.627.378
- Registered office
- Bazelaar 1, 8470 Gistel
- Names & denominations
- DEVANO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1984
- Peppol
- Active · Active since 14 Dec 2025
- Activities · NACE
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