Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEVOS from Kortrijk, company number BE0460563819, closed financial year 2025 with a result of € 169,332 after tax. For that financial year DEVOS recorded a gross margin of € 261,776 and equity of € -624,425. Compared with financial year 2024, the result moved from € -192,816 to € 169,332. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 21, 2025.
€ -624,425
▲ € 169,333 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 169,332
▲ still € 192,816 loss in 2024
Profit after tax over the fiscal year.
€ 5,916
▲ 16% 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 € -1.4 million.
People and assets in 2025
€ 113,492
▲ 79% vs 2024
Of which on lease € 108,947.
Debts at end 2025
€ 794,498
▲ 6% vs 2024
€ 11,312 is repaid this year. At this pace the long-term loan is gone in ≈ 70 years.
€ 17,939
▲ € 16,473 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,505
▲ 154% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,833 | € 290,224 | € 76,687 | € 261,776 | ▲ 241% |
| Profit after taxes | € -141,463 | € 81,581 | € -192,816 | € 169,332 | ▲ € 362,148 |
| Equity | € -677,298 | € -596,074 | € -793,758 | € -624,425 | ▲ € 169,333 |
| Total debts | € 964,353 | € 923,109 | € 997,690 | € 946,091 | ▼ 5% |
| Cash | € 10,389 | € 13,364 | € 5,094 | € 5,916 | ▲ 16% |
| Land & buildings | € 149,157 | € 88,153 | € 127,099 | € 106,195 | ▼ 16% |
| Retained profit | € -1,416,115 | € -1,334,534 | € -1,527,350 | € -1,358,018 | ▲ € 169,332 |
| Bank debt | € 201,108 | € 763,333 | € 750,000 | € 794,498 | ▲ 6% |
| Balance sheet total | € 289,748 | € 329,545 | € 203,933 | € 321,667 | ▲ 58% |
Key figures of DEVOS, 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 DEVOS?
What happened at DEVOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 169,332. Source: NBB ↗
- Dennis Devos became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 141,463 loss in 2022 to € 169,332 profit in 2025.
Paid € 1,122 in corporate taxes since 2022.
Best year ever: 2025, with € 169,332 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Dennis Devos
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Hoevestraat(Kor) 35
8500 Kortrijk
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
- 0460.563.819
- VAT number
- BE 0460.563.819
- Registered office
- Hoevestraat(Kor) 35, 8500 Kortrijk
- Names & denominations
- DEVOS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 1997
- Peppol
- Active · Active since 6 Jan 2026
- Contact
- [email protected] 056249010
- Activities · NACE
Groothandel in vloer- en wandtegels
Groothandel in hout
Detailhandel in parket-, laminaat- en kurkvloeren
Detailhandel in wand- en vloertegels