Financials
Financial year 2025
ELECTRO DEVOSCO from Lendelede, company number BE0433607618, closed financial year 2025 with a result of € 165,050 after tax. For that financial year ELECTRO DEVOSCO recorded a gross margin of € 489,897 and equity of € 912,006. Compared with financial year 2024, the result moved from € 106,547 to € 165,050. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2025.
€ 912,006
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 165,050
▲ 55% vs 2024
Profit after tax over the fiscal year.
€ 324,404
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 165,000 paid out
100 % of the profit went to the shareholders, mostly to Devos Invest (100 % of the shares). That is where the money ends up.
People and assets in 2025
5.7
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 283,756
▲ 50% vs 2024
€ 49,800 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.
€ 128,129
▲ 153% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 39,864
€ 13,260 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 113,930
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,374
▲ 54% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 323,132 | € 244,289 | € 334,414 | € 489,897 | ▲ 46% |
| Profit after taxes | € 116,342 | € 83,374 | € 106,547 | € 165,050 | ▲ 55% |
| Equity | € 910,035 | € 910,409 | € 911,956 | € 912,006 | |
| Total debts | € 276,363 | € 280,808 | € 328,420 | € 484,010 | ▲ 47% |
| Cash | € 516,769 | € 172,445 | € 265,426 | € 324,404 | ▲ 22% |
| Land & buildings | € 241,640 | € 229,194 | € 219,172 | € 215,022 | ▼ 2% |
| Retained profit | € 551,879 | € 552,253 | € 553,800 | € 553,850 | |
| Dividend | € 70,000 | € 83,000 | € 105,000 | € 165,000 | ▲ 57% |
| Bank debt | € 21,797 | € 10,457 | € 0 | € 39,864 | |
| Balance sheet total | € 1,186,398 | € 1,191,217 | € 1,240,376 | € 1,396,016 | ▲ 13% |
| Employees (FTE) | 2.3 | 2 | 3.5 | 5.7 | ▲ 2.2 |
Key figures of ELECTRO DEVOSCO, 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 October 2026.
What happened to ELECTRO DEVOSCO?
What happened at ELECTRO DEVOSCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 165,050 (▲ 55% vs 2024). Source: NBB ↗
- New establishment in Lendelede. KBO
- Devos Invest became a director. NBB
- New establishment in Lendelede. KBO
- Nadine Vanderheeren became a director. NBB
- Marc Devos became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 116,342 profit in 2022 to € 165,050 profit in 2025.
Paid € 17,529 in corporate taxes since 2022.
Best year ever: 2025, with € 165,050 profit.
On average € 85,900 of value added per employee in 2025.
Management
The stake of Devos Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELECTRO DEVOSCOBehind ELECTRO DEVOSCO are Nadine Vanderheeren, Marc Devos and Devos Invest. The shares are held by Devos Invest (99.7%).
Directors
According to the 2025 annual accounts
since 1988
Marc Devos
Director
since 1988
Director · represented by Devos XAVIER
since 2017
Shareholders
99.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ingelmunstersestraat 19B
8860 Lendelede
Ingelmunstersestraat 17 A
8860 Lendelede
Active since 5 April 1988
Ingelmunstersestraat 19 box B
8860 Lendelede
Active since 1 January 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.607.618
- VAT number
- BE 0433.607.618
- Registered office
- Ingelmunstersestraat 19B, 8860 Lendelede
- Names & denominations
- ELECTRO DEVOSCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 1988
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
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