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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEVY from Wevelgem, company number BE0537210546, closed financial year 2025 with a result of € 97,223 after tax. For that financial year DEVY recorded a gross margin of € 260,467 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 65,781 to € 97,223. 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 30, 2026.
€ 2.3 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 97,223
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 10,278
▼ 6% 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 € 725,430.
Debts at end 2025
€ 1.1 million
▲ 25% vs 2024
€ 162,152 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 159,533
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,997
▲ 93% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 195,655 | € 321,283 | € 178,008 | € 260,467 | ▲ 46% |
| Profit after taxes | € 73,475 | € 161,568 | € 65,781 | € 97,223 | ▲ 48% |
| Equity | € 2,369,280 | € 2,162,426 | € 2,228,208 | € 2,325,430 | ▲ 4% |
| Total debts | € 1,906,372 | € 1,931,606 | € 1,845,465 | € 2,148,270 | ▲ 16% |
| Cash | € 30,964 | € 2,027 | € 10,955 | € 10,278 | ▼ 6% |
| Land & buildings | € 697,020 | € 651,190 | € 605,360 | € 694,661 | ▲ 15% |
| Retained profit | € 769,280 | € 562,426 | € 628,208 | € 725,430 | ▲ 15% |
| Dividend | € 0 | € 368,421 | € 0 | € 0 | |
| Bank debt | € 759,269 | € 975,914 | € 898,715 | € 1,126,458 | ▲ 25% |
| Balance sheet total | € 4,275,652 | € 4,094,032 | € 4,073,673 | € 4,473,700 | ▲ 10% |
Key figures of DEVY, 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 DEVY?
What happened at DEVY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 97,223 (▲ 48% vs 2024). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
- Pieter Vyncke became a director. NBB
In short
From € 73,475 profit in 2022 to € 97,223 profit in 2025.
Paid € 163,301 in corporate taxes since 2022.
Best year ever: 2023, with € 161,568 profit.
Paid out € 368,421 in dividends to the owners in total.
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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
Behind DEVY is Pieter Vyncke. It owns 100% of Arebo, 99.6% of Vyrecup and 99.5% of Vymetal itself.
Directors
According to the 2025 annual accounts
since 2013
Establishments
Establishment units
Physical locations of this company
Bergelen 30A
8560 Wevelgem
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0537.210.546
- VAT number
- BE 0537.210.546
- Registered office
- Bergelen 30A, 8560 Wevelgem
- Names & denominations
- DEVY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2013
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
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