Financials
Financial year 2025
DEVAGO from Veurne, company number BE0479110714, closed financial year 2025 with a result of € 223,489 after tax. For that financial year DEVAGO recorded a gross margin of € 423,630 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 42,654 to € 223,489. Profitable, and profit is growing. 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 28, 2026.
€ 1.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 223,489
▲ € 180,836 vs 2024
Profit after tax over the fiscal year.
€ 26,709
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 213,168 paid out
95 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 2,180
▼ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 971,347
▼ 13% vs 2024
€ 139,063 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 14,899
▲ 153% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,338
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 | € 288,868 | € 253,792 | € 242,834 | € 423,630 | ▲ 74% |
| Profit after taxes | € 143,090 | € 116,471 | € 42,654 | € 223,489 | ▲ € 180,836 |
| Equity | € 1,182,188 | € 1,209,586 | € 1,216,239 | € 1,226,560 | ▲ 1% |
| Total debts | € 1,338,319 | € 1,235,416 | € 1,843,813 | € 1,774,310 | ▼ 4% |
| Cash | € 33,757 | € 35,067 | € 43,034 | € 26,709 | ▼ 38% |
| Land & buildings | € 2,408,380 | € 2,353,823 | € 2,855,051 | € 2,756,055 | ▼ 3% |
| Retained profit | € 1,163,588 | € 1,190,986 | € 1,197,639 | € 1,207,960 | ▲ 1% |
| Dividend | € 140,984 | € 89,073 | € 36,000 | € 213,168 | ▲ € 177,168 |
| Bank debt | € 823,366 | € 674,410 | € 1,112,127 | € 971,347 | ▼ 13% |
| Balance sheet total | € 2,520,507 | € 2,445,002 | € 3,060,053 | € 3,000,871 | ▼ 2% |
Key figures of DEVAGO, 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 DEVAGO?
What happened at DEVAGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 223,489 (▲ € 180,836 vs 2024). Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 143,090 profit in 2022 to € 223,489 profit in 2025.
Paid € 121,432 in corporate taxes since 2022.
Best year ever: 2025, with € 223,489 profit.
Paid out € 479,225 in dividends to the owners in total.
Management
Behind DEVAGO are Nele DOBBELAERE and Nico DEWULF. The same people are also behind GROUP DEWULF. Nico DEWULF is also behind KOIFARM ND.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Haenestraat 7
8630 Veurne
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
- 0479.110.714
- VAT number
- BE 0479.110.714
- Registered office
- Haenestraat 7, 8630 Veurne
- Names & denominations
- DEVAGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2002
- Peppol
- Active · Active since 17 Oct 2025
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