Financials
Financial year 2025
MIGUEL DEVOS from De Panne, company number BE0662468725, closed financial year 2025 with a result of € 195,217 after tax. For that financial year MIGUEL DEVOS recorded a gross margin of € 398,807 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 200,207 to € 195,217. 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 March 27, 2026.
€ 1.2 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 195,217
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 265,375
▲ 174% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 101,785 paid out
52 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.7
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 71,586
▲ 38% 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.
€ 4,641
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 139,940
▼ 11% vs 2024
€ 17,762 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 18,830
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,205
▼ 37% 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 | € 476,168 | € 454,347 | € 406,379 | € 398,807 | ▼ 2% |
| Profit after taxes | € 234,877 | € 217,026 | € 200,207 | € 195,217 | ▼ 2% |
| Equity | € 812,208 | € 955,250 | € 1,094,301 | € 1,187,733 | ▲ 9% |
| Total debts | € 329,758 | € 346,067 | € 207,409 | € 177,170 | ▼ 15% |
| Cash | € 405,755 | € 224,002 | € 96,680 | € 265,375 | ▲ 174% |
| Land & buildings | € 623,387 | € 902,886 | € 876,283 | € 843,338 | ▼ 4% |
| Retained profit | € 793,608 | € 936,650 | € 1,075,701 | € 1,169,133 | ▲ 9% |
| Dividend | € 0 | € 73,984 | € 61,156 | € 101,785 | ▲ 66% |
| Bank debt | € 191,657 | € 174,676 | € 157,438 | € 139,940 | ▼ 11% |
| Balance sheet total | € 1,141,966 | € 1,301,317 | € 1,301,710 | € 1,364,904 | ▲ 5% |
| Employees (FTE) | - | - | 0.9 | 0.7 | ▼ 0.2 |
Key figures of MIGUEL 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 MIGUEL DEVOS?
What happened at MIGUEL 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 € 195,217 (▼ 2% vs 2024). Source: NBB ↗
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 234,877 profit in 2022 to € 195,217 profit in 2025.
Paid € 373,141 in corporate taxes since 2022.
Best year ever: 2022, with € 234,877 profit.
Paid out € 236,925 in dividends to the owners in total.
Management
Behind MIGUEL DEVOS are Miguel Devos and Nele Vandenbroucke.
Directors
According to the 2025 annual accounts
Miguel Devos
Director
Nele Vandenbroucke
Director
Establishments
Establishment units
Physical locations of this company
Veldstraat 79
8660 De Panne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0662.468.725
- VAT number
- BE 0662.468.725
- Registered office
- Veldstraat 79, 8660 De Panne
- Names & denominations
- MIGUEL DEVOS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2016
- Peppol
- Active · Active since 26 May 2025
- Contact
- [email protected] 0485/17.13.93
- Activities · NACE
Reparatie en onderhoud van producten van metaal
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Algemene elektrotechnische installatiewerken
Ontwikkeling van residentiële bouwprojecten
Sanitaire werkzaamheden