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
DEVAL from Ninove, company number BE0440030503, closed financial year 2025 with a result of € -11,839 after tax. For that financial year DEVAL recorded a gross margin of € 27,023 and equity of € 371,999. Compared with financial year 2024, the result moved from € -87,152 to € -11,839. 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 February 23, 2026.
€ 371,999
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,839
▲ 86 % less loss than in 2024
Profit after tax over the fiscal year.
€ 89,257
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 158,810.
Debts at end 2025
€ 28,200
▼ 49% vs 2024
€ 13,825 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 29
Supplier invoices still open on the last day of the fiscal year.
€ 1,433
▼ 9% 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 | € 31,399 | € 406,245 | € 10,749 | € 27,023 | ▲ 151% |
| Profit after taxes | € -17,402 | € 254,128 | € -87,152 | € -11,839 | ▲ € 75,314 |
| Equity | € 216,862 | € 470,990 | € 383,837 | € 371,999 | ▼ 3% |
| Total debts | € 274,675 | € 87,793 | € 61,535 | € 38,112 | ▼ 38% |
| Cash | € 8,342 | € 161,887 | € 126,711 | € 89,257 | ▼ 30% |
| Land & buildings | € 412,492 | € 383,633 | € 360,992 | € 338,560 | ▼ 6% |
| Retained profit | € 3,674 | € 257,801 | € 170,649 | € 158,810 | ▼ 7% |
| Bank debt | € 256,236 | € 80,876 | € 55,208 | € 28,200 | ▼ 49% |
| Balance sheet total | € 491,537 | € 657,220 | € 543,810 | € 508,548 | ▼ 6% |
Key figures of DEVAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DEVAL?
What happened at DEVAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,839. filed late Source: NBB ↗
- Joseph VERSCHORREN became a director. NBB
- PAUL VERSCHORREN became a director. NBB
- Denise VAN LAETHEM became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,402 loss in 2022 to € 11,839 loss in 2025.
Best year ever: 2023, with € 254,128 profit.
Management
Behind DEVAL are Joseph VERSCHORREN, PAUL VERSCHORREN and Denise VAN LAETHEM. PAUL VERSCHORREN is also behind BRIK-HOUSES en/of BRIK-HUIZEN.
Directors
According to the 2025 annual accounts
Joseph VERSCHORREN
Director
since 2021
since 2021
Denise VAN LAETHEM
Managing director
since 2021
Establishments
Establishment units
Physical locations of this company
Brakelsesteenweg 132
9406 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.030.503
- VAT number
- BE 0440.030.503
- Registered office
- Brakelsesteenweg 132, 9406 Ninove
- Names & denominations
- DEVAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 1990
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen