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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEVIRCO from Torhout, company number BE0464644450, closed financial year 2025 with a result of € 6,704 after tax. For that financial year DEVIRCO recorded a gross margin of € 388,619 and equity of € 1 million. Compared with financial year 2024, the result moved from € 166,015 to € 6,704. The company is profitable. 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 January 29, 2026.
€ 1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,704
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 254,843
▲ 84% 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 € 817,289.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 58,250
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 168,205
▼ 8% vs 2024
€ 13,827 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 5,811
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 85,580
▼ 47% 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 | € 468,453 | € 694,402 | € 624,275 | € 388,619 | ▼ 38% |
| Profit after taxes | € 39,854 | € 202,419 | € 166,015 | € 6,704 | ▼ 96% |
| Equity | € 654,131 | € 855,834 | € 1,021,135 | € 1,027,124 | ▲ 1% |
| Total debts | € 1,619,947 | € 1,372,539 | € 1,388,281 | € 1,322,019 | ▼ 5% |
| Cash | € 22,030 | € 28,631 | € 138,543 | € 254,843 | ▲ 84% |
| Land & buildings | € 1,892,994 | € 1,679,190 | € 1,698,178 | € 1,485,290 | ▼ 13% |
| Retained profit | € 442,150 | € 644,569 | € 810,584 | € 817,289 | ▲ 1% |
| Bank debt | € 413,488 | € 205,398 | € 181,886 | € 168,205 | ▼ 8% |
| Balance sheet total | € 2,344,668 | € 2,228,373 | € 2,409,415 | € 2,349,144 | ▼ 3% |
Key figures of DEVIRCO, 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 DEVIRCO?
What happened at DEVIRCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,704 (▼ 96% vs 2024). Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,854 profit in 2022 to € 6,704 profit in 2025.
Paid € 418,945 in corporate taxes since 2022.
Best year ever: 2023, with € 202,419 profit.
Establishments
Establishment units
Physical locations of this company
Doornstraat 29
8820 Torhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0464.644.450
- VAT number
- BE 0464.644.450
- Registered office
- Doornstraat 29, 8820 Torhout
- Names & denominations
- DEVIRCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 1998
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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