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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
DEVOS MOTORS from Kortrijk, company number BE0428084061, closed financial year 2025 with a result of € -16,957 after tax. For that financial year DEVOS MOTORS recorded a gross margin of € 30,752 and equity of € 731,827. Compared with financial year 2024, the result moved from € -10,826 to € -16,957. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 731,827
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,957
▼ 57 % more loss than in 2024
Profit after tax over the fiscal year.
€ 404
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -109,673.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,813
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,239 | € 44,809 | € 34,961 | € 30,752 | ▼ 12% |
| Profit after taxes | € 23,503 | € 31,388 | € -10,826 | € -16,957 | ▼ € 6,131 |
| Equity | € 101,193 | € 932,582 | € 860,244 | € 731,827 | ▼ 15% |
| Total debts | € 28,621 | € 24,633 | € 3,441 | € 2,813 | ▼ 18% |
| Cash | € 34,474 | € 43,674 | € 10,645 | € 404 | ▼ 96% |
| Land & buildings | € 8,811 | € 807,104 | € 765,778 | € 725,073 | ▼ 5% |
| Retained profit | € -35,148 | € 71,082 | € 8,744 | € -109,673 | ▼ € 118,416 |
| Dividend | € 0 | € 0 | € 61,512 | € 111,460 | ▲ 81% |
| Bank debt | € 27,425 | € 19,723 | € 0 | € 0 | |
| Balance sheet total | € 129,814 | € 957,215 | € 863,685 | € 734,641 | ▼ 15% |
Key figures of DEVOS MOTORS, 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 DEVOS MOTORS?
What happened at DEVOS MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,957. Source: NBB ↗
- HOLDING RAFA SRL became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,503 profit in 2022 to € 16,957 loss in 2025.
Paid € 339 in corporate taxes since 2022.
Best year ever: 2023, with € 31,388 profit.
Paid out € 172,972 in dividends to the owners in total.
Management
Behind DEVOS MOTORS is HOLDING RAFA SRL.
Directors
According to the 2025 annual accounts
Director · represented by Mahfoud Rafa
since 2026
Establishments
Establishment units
Physical locations of this company
Risquons-Toutstraat(Aal) 8
8511 Kortrijk
Risquons-Toutstraat(Aal) 8 B
8511 Kortrijk
Active since 1 January 1986
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.084.061
- VAT number
- BE 0428.084.061
- Registered office
- Risquons-Toutstraat(Aal) 8, 8511 Kortrijk
- Names & denominations
- DEVOS MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1985
- Peppol
- Active · Active since 29 Jul 2024
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen