Financials
Financial year 2025
DEVAKO from Kortemark, company number BE0458246608, closed financial year 2025 with a result of € -73 after tax. For that financial year DEVAKO recorded a gross margin of € 8,925 and equity of € 267,942. Compared with financial year 2024, the result moved from € 12 to € -73. 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 January 30, 2026.
€ 267,942
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -73
▼ still € 12 profit in 2024
Profit after tax over the fiscal year.
€ 54,197
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 92,942.
People and assets in 2025
€ 13,536
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 738
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,295 | € 9,199 | € 9,451 | € 8,925 | ▼ 6% |
| Profit after taxes | € 473 | € 1,089 | € 12 | € -73 | ▼ € 85 |
| Equity | € 266,914 | € 268,003 | € 268,015 | € 267,942 | |
| Total debts | € 4,830 | € 47,783 | € 17,715 | € 840 | ▼ 95% |
| Cash | € 84,328 | € 88,039 | € 132,684 | € 54,197 | ▼ 59% |
| Land & buildings | € 7,464 | € 6,785 | € 6,107 | € 5,428 | ▼ 11% |
| Retained profit | € 91,914 | € 93,003 | € 93,015 | € 92,942 | |
| Balance sheet total | € 271,745 | € 315,786 | € 285,730 | € 268,782 | ▼ 6% |
Key figures of DEVAKO, 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 DEVAKO?
What happened at DEVAKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 73 (▼ € 85 vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 473 profit in 2022 to € 73 loss in 2025.
Best year ever: 2023, with € 1,089 profit.
Management
Behind DEVAKO are Martine Van Haecke and Patrick Depuydt.
Directors
According to the 2025 annual accounts
Martine Van Haecke
Director
Patrick Depuydt
Manager
Establishments
Establishment units
Physical locations of this company
Ichtegemstraat 108
8610 Kortemark
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.246.608
- VAT number
- BE 0458.246.608
- Registered office
- Ichtegemstraat 108, 8610 Kortemark
- Names & denominations
- DEVAKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 1996
- Peppol
- Active · Active since 19 Aug 2026
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Ondersteunende activiteiten in verband met de teelt van gewassen
Reparatie en onderhoud van machines
Verhuur en lease van landbouwmachines en -werktuigen
Herstelling van landbouwmachines