Financials
Financial year 2025
LIEVEN DEVOS from Wingene, company number BE0533869093, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year LIEVEN DEVOS recorded revenue of € 11.5 million and equity of € 17.2 million. Compared with financial year 2024, the result moved from € 1.8 million to € 1.6 million. 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 28, 2026.
€ 17.2 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 4.7 million
▲ 182% 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 € 17.1 million.
People and assets in 2025
39.7
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 7% vs 2024
€ 62,400 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.
€ 148,155
▼ 2% vs 2024
Of which on lease € 9,366.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 337,378
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 18 days on average.
€ 656,360
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 15,258,183 | € 12,745,669 | € 11,472,879 | ▼ 10% |
| Gross margin | € 5,169,756 | - | - | - | |
| Profit after taxes | € 2,107,953 | € 3,750,702 | € 1,825,493 | € 1,616,072 | ▼ 11% |
| Equity | € 9,974,374 | € 13,725,077 | € 15,550,569 | € 17,166,642 | ▲ 10% |
| Total debts | € 1,635,928 | € 1,984,147 | € 1,720,459 | € 993,738 | ▼ 42% |
| Cash | € 4,589,847 | € 263,812 | € 1,673,257 | € 4,717,508 | ▲ 182% |
| Retained profit | € 9,918,574 | € 13,669,277 | € 15,494,769 | € 17,110,842 | ▲ 10% |
| Balance sheet total | € 11,610,302 | € 15,709,224 | € 17,271,029 | € 18,160,380 | ▲ 5% |
| Employees (FTE) | 40.1 | 39.9 | 39.6 | 39.7 | ▲ 0.1 |
Key figures of LIEVEN 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 April 2027.
What happened to LIEVEN DEVOS?
What happened at LIEVEN 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 € 1.6 million (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Wingene. KBO
- 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 € 2.1 million profit in 2022 to € 1.6 million profit in 2025.
Paid € 3.4 million in corporate taxes since 2022.
Best year ever: 2023, with € 3.8 million profit.
On average € 128,900 of value added per employee in 2022.
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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
The stake of PANNAERSHOEK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LIEVEN DEVOSBehind LIEVEN DEVOS 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, DEVOS AGRI, 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
Industrieweg 15
8750 Wingene
Active since 2 May 2013
Flandria 6
8750 Wingene
Active since 17 March 2018
Hille-Zuid 29
8750 Wingene
Active since 30 April 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0533.869.093
- VAT number
- BE 0533.869.093
- Registered office
- Ruddervoordestraat 30, 8750 Wingene
- Names & denominations
- LIEVEN DEVOS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2013
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verspanend bewerken van metalen
Vervaardiging van andere meubelen, neg
Vervaardiging van tuin- en terrasmeubelen