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 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Devan from Dentergem, company number BE0427198292, closed financial year 2025 with a result of € 84,488 after tax. For that financial year Devan recorded a gross margin of € 180,613 and equity of € 105,486. Compared with financial year 2024, the result moved from € -76,450 to € 84,488. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 105,486
▲ € 84,488 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,488
▲ still € 76,450 loss in 2024
Profit after tax over the fiscal year.
€ 7,951
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 43,486.
Debts at end 2025
€ 760,000
▼ 17% vs 2024
Loans from banks and other lenders, long and short.
€ 2,533
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,051
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,722 | € 52,693 | € 58,775 | € 180,613 | ▲ 207% |
| Profit after taxes | € 94 | € 17,618 | € -76,450 | € 84,488 | ▲ € 160,938 |
| Equity | € 79,830 | € 97,449 | € 20,998 | € 105,486 | ▲ € 84,488 |
| Total debts | € 173,348 | € 164,976 | € 1,050,847 | € 879,691 | ▼ 16% |
| Cash | € 974 | € 3,188 | € 20,405 | € 7,951 | ▼ 61% |
| Land & buildings | € 217,633 | € 207,113 | € 981,430 | € 960,687 | ▼ 2% |
| Retained profit | € 17,830 | € 35,449 | € -41,002 | € 43,486 | ▲ € 84,488 |
| Bank debt | € 0 | € 0 | € 920,000 | € 760,000 | ▼ 17% |
| Balance sheet total | € 253,178 | € 262,425 | € 1,071,845 | € 985,177 | ▼ 8% |
Key figures of Devan, 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 Devan?
What happened at Devan in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FREDERICK DESMET stepped down as director. NBB
- STEFAAN DESMET stepped down as director. NBB
- KATHLEEN VANDEN BOSSCHE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 84,488. Source: NBB ↗
- FREDERICK DESMET became a director. NBB
- STEFAAN DESMET became a director. NBB
- KATHLEEN VANDEN BOSSCHE became a director. NBB
- New establishment in Dentergem. KBO
In short
From € 94 profit in 2022 to € 84,488 profit in 2025.
Paid € 9,394 in corporate taxes since 2022.
Best year ever: 2025, with € 84,488 profit.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Eugeen Van Maldeghemstraat(Den) 14
8720 Dentergem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.198.292
- VAT number
- BE 0427.198.292
- Registered office
- Eugeen Van Maldeghemstraat(Den) 14, 8720 Dentergem
- Names & denominations
- Devan
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 1984
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
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