Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEVOS METAL RECYCLING from Wervik, company number BE0550535376, closed financial year 2025 with a result of € -132,117 after tax. For that financial year DEVOS METAL RECYCLING recorded a gross margin of € -10,526 and equity of € 61,376. Compared with financial year 2024, the result moved from € -203,395 to € -132,117. The company made a loss. The buffer shrank hard: equity is 68 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 61,376
▼ 68% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -132,117
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
€ 41,627
▲ 276% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -138,624.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 48,632
▼ 64% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 107,142
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 43,920
▼ 39% vs 2024
€ 28,828 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,380
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,477
▼ 87% vs 2024
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 | € 170,340 | € 219,368 | € -1,866 | € -10,526 | ▼ € 8,660 |
| Profit after taxes | € 16,256 | € 25,402 | € -203,395 | € -132,117 | ▲ € 71,278 |
| Equity | € 371,487 | € 396,888 | € 193,493 | € 61,376 | ▼ 68% |
| Total debts | € 313,424 | € 225,077 | € 202,196 | € 168,354 | ▼ 17% |
| Cash | € 56,940 | € 121,778 | € 11,060 | € 41,627 | ▲ 276% |
| Land & buildings | € 10,307 | € 9,344 | € 8,381 | € 7,419 | ▼ 11% |
| Retained profit | € 171,487 | € 196,888 | € -6,507 | € -138,624 | ▼ € 132,117 |
| Bank debt | € 134,426 | € 99,487 | € 72,044 | € 43,920 | ▼ 39% |
| Balance sheet total | € 684,910 | € 621,965 | € 395,689 | € 229,730 | ▼ 42% |
Key figures of DEVOS METAL RECYCLING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DEVOS METAL RECYCLING?
What happened at DEVOS METAL RECYCLING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 132,117. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Comines-Warneton. KBO
- New establishment in Wervik. KBO
- Jano Devos became a director. NBB
In short
From € 16,256 profit in 2022 to € 132,117 loss in 2025.
Paid € 5,568 in corporate taxes since 2022.
Best year ever: 2023, with € 25,402 profit.
Management
Behind DEVOS METAL RECYCLING is Jano Devos.
Directors
According to the 2025 annual accounts
Jano Devos
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Mesenstraat 14
8940 Wervik
Ezelweg(KOM) 9
7780 Comines-Warneton
Active since 25 March 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0550.535.376
- VAT number
- BE 0550.535.376
- Registered office
- Mesenstraat 14, 8940 Wervik
- Names & denominations
- DEVOS METAL RECYCLING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 2014
- Peppol
- Active · Active since 29 Jan 2026
- Contact
- devosmetalrecycling.be
- Activities · NACE
Groothandel in autosloopmateriaal
Terugwinning van materialen uit afval
Inzameling van ongevaarlijk afval
Groothandel in ijzer- en staalschroot en in oude non-ferrometalen
Sloop van wrakken
Voorbehandeling van ongevaarlijk afval met het oog op verwijdering
Behandeling en verwijdering van ongevaarlijk afval, m.u.v. slib en vloeibare afvalstoffen