What does DEVAKO MACHINERY do?

DEVAKO MACHINERY is a wholesaler in Zedelgem. Private Limited, started on 2 January 2013, 1 establishment.

What is the address of DEVAKO MACHINERY?

The registered office of DEVAKO MACHINERY is located at Torhoutsesteenweg 329, 8210 Zedelgem.

Is DEVAKO MACHINERY still active?

Yes. According to the CBE (29 October 2026) DEVAKO MACHINERY is active, legal situation “Normale toestand”, started on 2 January 2013.

Is DEVAKO MACHINERY registered on Peppol?

Yes, DEVAKO MACHINERY is registered on the Peppol network with ID 0208:0508817953.

What is the enterprise number of DEVAKO MACHINERY?

The enterprise number of DEVAKO MACHINERY is BE0508817953.

When was DEVAKO MACHINERY founded?

DEVAKO MACHINERY was founded on 2 January 2013.

Who are the directors of DEVAKO MACHINERY?

According to the 2026 annual accounts, the directors of DEVAKO MACHINERY are: Laurens Depuydt.

Is DEVAKO MACHINERY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 January 2013; 5 annual accounts filed, latest fiscal year 2026; 1 directors known from the annual account.

How much profit did DEVAKO MACHINERY make in 2026?

DEVAKO MACHINERY posted a profit after taxes of € 20,429 in financial year 2026.

What is the revenue of DEVAKO MACHINERY?

As a small company, DEVAKO MACHINERY is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 2,371,020.

How much does an employee at DEVAKO MACHINERY earn?

The average wage cost per full-time employee at DEVAKO MACHINERY was € 80,600 in 2026: staff costs of € 869,986 for 10.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DEVAKO MACHINERY have?

According to the 2026 annual accounts, DEVAKO MACHINERY has 10.8 full-time equivalents (FTE).

DEVAKO MACHINERY (Private Limited) - Zedelgem

Dossier DEVAKO MACHINERY, printed on 29 October 2026 from databakkes.be/en/0508817953/devako-machinery. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 43 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

DEVAKO MACHINERY from Zedelgem, company number BE0508817953, closed financial year 2026 with a result of € 20,429 after tax. For that financial year DEVAKO MACHINERY recorded a gross margin of € 2.4 million and equity of € 2.6 million. Compared with financial year 2025, the result moved from € 100,853 to € 20,429. 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 October 28, 2026.

What it is worth Growing

€ 2.6 million

▲ 1% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 20,429

▼ 80% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 86,872

▼ 60% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 2.4 million.

People and assets in 2026

Full-time equivalents

10.8

▼ 0.5 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 869,986

▲ 4% vs 2025

€ 80,600 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.

Vehicles and equipment

€ 1.1 million

▼ 40% vs 2025

Of which on lease € 997,858.

Debts at end 2026

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 938,231

▼ 44% vs 2025

€ 539,445 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 462,939

▲ 117% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 133,405

▼ 40% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 2,207,736 Gross margin 2023: € 2,207,736 First fiscal year in the series	€ 2,575,701 Gross margin 2024: € 2,575,701 ▲ 17% vs 2023 (€ 2,207,736) Favourable step	€ 2,589,083 Gross margin 2025: € 2,589,083 ▲ 1% vs 2024 (€ 2,575,701) Favourable step	€ 2,371,020 Gross margin 2026: € 2,371,020 ▼ 8% vs 2025 (€ 2,589,083) Unfavourable step	▼ 8%
Profit after taxes	€ 557,866 Profit after taxes 2023: € 557,866 First fiscal year in the series	€ 121,787 Profit after taxes 2024: € 121,787 ▼ 78% vs 2023 (€ 557,866) Unfavourable step	€ 100,853 Profit after taxes 2025: € 100,853 ▼ 17% vs 2024 (€ 121,787) Unfavourable step	€ 20,429 Profit after taxes 2026: € 20,429 ▼ 80% vs 2025 (€ 100,853) Unfavourable step	▼ 80%
Equity	€ 2,339,105 Equity 2023: € 2,339,105 First fiscal year in the series	€ 2,460,891 Equity 2024: € 2,460,891 ▲ 5% vs 2023 (€ 2,339,105) Favourable step	€ 2,561,744 Equity 2025: € 2,561,744 ▲ 4% vs 2024 (€ 2,460,891) Favourable step	€ 2,582,173 Equity 2026: € 2,582,173 ▲ 1% vs 2025 (€ 2,561,744) Favourable step	▲ 1%
Total debts	€ 3,043,893 Total debts 2023: € 3,043,893 First fiscal year in the series	€ 2,989,154 Total debts 2024: € 2,989,154 ▼ 2% vs 2023 (€ 3,043,893) Favourable step	€ 2,503,326 Total debts 2025: € 2,503,326 ▼ 16% vs 2024 (€ 2,989,154) Favourable step	€ 1,942,985 Total debts 2026: € 1,942,985 ▼ 22% vs 2025 (€ 2,503,326) Favourable step	▼ 22%
Cash	€ 99,827 Cash 2023: € 99,827 First fiscal year in the series	€ 17,149 Cash 2024: € 17,149 ▼ 83% vs 2023 (€ 99,827) Unfavourable step	€ 217,286 Cash 2025: € 217,286 ▲ € 200,138 vs 2024 (€ 17,149) Favourable step	€ 86,872 Cash 2026: € 86,872 ▼ 60% vs 2025 (€ 217,286) Unfavourable step	▼ 60%
Land & buildings	€ 79 Land & buildings 2023: € 79 First fiscal year in the series	€ 0 Land & buildings 2024: € 0 ▼ 100% vs 2023 (€ 79) Unchanged	€ 6,060 Land & buildings 2025: € 6,060 Unchanged (€ 0) Unchanged	€ 3,313 Land & buildings 2026: € 3,313 ▼ 45% vs 2025 (€ 6,060) Unchanged	▼ 45%
Retained profit	€ 2,139,105 Retained profit 2023: € 2,139,105 First fiscal year in the series	€ 2,260,891 Retained profit 2024: € 2,260,891 ▲ 6% vs 2023 (€ 2,139,105) Favourable step	€ 2,361,744 Retained profit 2025: € 2,361,744 ▲ 4% vs 2024 (€ 2,260,891) Favourable step	€ 2,382,173 Retained profit 2026: € 2,382,173 ▲ 1% vs 2025 (€ 2,361,744) Favourable step	▲ 1%
Bank debt	€ 1,555,700 Bank debt 2023: € 1,555,700 First fiscal year in the series	€ 1,750,001 Bank debt 2024: € 1,750,001 ▲ 12% vs 2023 (€ 1,555,700) Unfavourable step	€ 1,664,921 Bank debt 2025: € 1,664,921 ▼ 5% vs 2024 (€ 1,750,001) Favourable step	€ 938,231 Bank debt 2026: € 938,231 ▼ 44% vs 2025 (€ 1,664,921) Favourable step	▼ 44%
Balance sheet total	€ 5,382,998 Balance sheet total 2023: € 5,382,998 First fiscal year in the series	€ 5,450,046 Balance sheet total 2024: € 5,450,046 ▲ 1% vs 2023 (€ 5,382,998) Unchanged	€ 5,065,070 Balance sheet total 2025: € 5,065,070 ▼ 7% vs 2024 (€ 5,450,046) Unchanged	€ 4,525,158 Balance sheet total 2026: € 4,525,158 ▼ 11% vs 2025 (€ 5,065,070) Unchanged	▼ 11%
Employees (FTE)	8.6 Employees (FTE) 2023: 8.6 First fiscal year in the series	11.6 Employees (FTE) 2024: 11.6 ▲ 3 vs 2023 (8.6) Unchanged	11.3 Employees (FTE) 2025: 11.3 ▼ 0.3 vs 2024 (11.6) Unchanged	10.8 Employees (FTE) 2026: 10.8 ▼ 0.5 vs 2025 (11.3) Unchanged	▼ 0.5

Key figures of DEVAKO MACHINERY, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to DEVAKO MACHINERY?

What happened at DEVAKO MACHINERY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 28, 2026 New annual accounts for financial year 2026: profit of € 20,429 (▼ 80% vs 2025). Source: NBB ↗
Jan 2, 2013 New establishment in Zedelgem. KBO
Jan 2, 2013 Start of the company according to the CBE. KBO

In short

From € 557,866 profit in 2023 to € 20,429 profit in 2026.

Paid € 65,400 in corporate taxes since 2023.

Best year ever: 2023, with € 557,866 profit.

On average € 219,500 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

Laurens Depuydt

DEVAKO MACHINERY

Espritt 100%

Behind DEVAKO MACHINERY is Laurens Depuydt. It owns 100% of Espritt itself.

Directors

According to the 2026 annual accounts

Laurens Depuydt

Director

Also active at: VIRTUS

Establishments

Establishment units

Physical locations of this company

Registered office

Torhoutsesteenweg 329

8210 Zedelgem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

ESPRITT same network

€ 331,904 gross margin · 2025

GROEP DEVAKO MACHINERY

VIRTUS same network

€ 116,337 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0508.817.953

VAT number

BE 0508.817.953

Registered office

Torhoutsesteenweg 329, 8210 Zedelgem

Names & denominations

DEVAKO MACHINERY

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

2 January 2013

Peppol

Active · Active since 8 Apr 2026

Activities · NACE

Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw

Handelsbemiddeling in de groothandel in andere specifieke goederen

Handelsbemiddeling in andere motorvoertuigen (> 3,5 ton)

Reparatie en onderhoud van machines

Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw

Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

DEVAKO MACHINERY

Warning lights

Financials

What happened to DEVAKO MACHINERY?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions