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 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEVOS AGRI from Wingene, company number BE0471418317, closed financial year 2025 with a result of € -221,542 after tax. For that financial year DEVOS AGRI recorded a gross margin of € 2 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 192,486 to € -221,542. 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 20, 2026.
€ 2.7 million
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -221,542
▼ still € 192,486 profit in 2024
Profit after tax over the fiscal year.
€ 314,304
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.7 million.
People and assets in 2025
34.7
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 2% vs 2024
€ 59,500 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.
€ 140,082
▲ 63% vs 2024
Of which on lease € 16,832.
Debts at end 2025
€ 17,794
▲ 102% vs 2024
€ 6,399 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 124,264
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 321,402
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,306,389 | € 3,295,174 | € 2,397,618 | € 1,955,854 | ▼ 18% |
| Profit after taxes | € 145,240 | € 872,055 | € 192,486 | € -221,542 | ▼ € 414,028 |
| Equity | € 2,083,896 | € 2,955,951 | € 3,148,437 | € 2,735,376 | ▼ 13% |
| Total debts | € 1,950,621 | € 1,788,056 | € 1,842,478 | € 2,087,610 | ▲ 13% |
| Cash | € 457,828 | € 1,147,846 | € 361,204 | € 314,304 | ▼ 13% |
| Retained profit | € 2,063,896 | € 2,935,951 | € 3,128,437 | € 2,716,464 | ▼ 13% |
| Bank debt | € 30,262 | € 0 | € 8,800 | € 17,794 | ▲ 102% |
| Balance sheet total | € 4,034,517 | € 4,744,008 | € 4,990,916 | € 4,822,986 | ▼ 3% |
| Employees (FTE) | 40.9 | 35.7 | 33.9 | 34.7 | ▲ 0.8 |
Key figures of DEVOS AGRI, 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 AGRI?
What happened at DEVOS AGRI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 221,542 (▼ € 414,028 vs 2024). Source: NBB ↗
- New establishment in Wingene. KBO
- New establishment in Wingene. KBO
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 145,240 profit in 2022 to € 221,542 loss in 2025.
Paid € 441,150 in corporate taxes since 2022.
Best year ever: 2023, with € 872,055 profit.
On average € 56,400 of value added per employee in 2025.
Management
The stake of PANNAERSHOEK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEVOS AGRIBehind DEVOS AGRI is Pannaershoek NV. The shares are held by PANNAERSHOEK (100%).
Directors
According to the 2025 annual accounts
Director · represented by Devos GABRIËL
Also active at: DEVOS PLAATBEWERKINGEN, LIEVEN DEVOS, DEVOS INDUSTRIE, DEVOS IM AP
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ruddervoordestraat 30
8750 Wingene
Hille-Zuid 12
8750 Wingene
Active since 21 September 2006
Hille-Zuid 17
8750 Wingene
Active since 20 May 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →DEVOS PLAATBEWERKINGEN same network
€ 17.8 million revenue · 2026
PANNAERSHOEK same network
€ 1.6 million revenue · 2026
LIEVEN DEVOS same network
€ 11.5 million revenue · 2025
DEVOS INDUSTRIE same network
€ 930,976 gross margin · 2025
DEVOS IM AP same network
€ 106,862 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.418.317
- VAT number
- BE 0471.418.317
- Registered office
- Ruddervoordestraat 30, 8750 Wingene
- Names & denominations
- DEVOS AGRI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 2000
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van overige machines voor de landbouw en de bosbouw
Verspanend bewerken van metalen
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)