Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Devos Invest from Lendelede, company number BE0665700508, closed financial year 2025 with a result of € 109,112 after tax. For that financial year Devos Invest recorded a gross margin of € 207,423 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 94,584 to € 109,112. 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 September 25, 2025.
€ 1.4 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,112
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 35,725
▼ 19% 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 € 683,627.
Debts at end 2025
€ 633,268
▼ 10% vs 2024
€ 66,978 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 22,222
▲ € 19,953 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,168
▼ 68% 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 | € 221,595 | € 189,212 | € 205,299 | € 207,423 | ▲ 1% |
| Profit after taxes | € 111,259 | € 88,844 | € 94,584 | € 109,112 | ▲ 15% |
| Equity | € 1,531,088 | € 1,169,931 | € 1,264,515 | € 1,373,627 | ▲ 9% |
| Total debts | € 860,856 | € 1,108,440 | € 1,030,855 | € 873,919 | ▼ 15% |
| Cash | € 64,839 | € 9,696 | € 44,202 | € 35,725 | ▼ 19% |
| Land & buildings | € 1,162,348 | € 1,123,399 | € 1,084,449 | € 1,045,500 | ▼ 4% |
| Retained profit | € 391,088 | € 479,931 | € 574,515 | € 683,627 | ▲ 19% |
| Bank debt | € 833,947 | € 768,459 | € 699,755 | € 633,268 | ▼ 10% |
| Balance sheet total | € 2,391,944 | € 2,278,372 | € 2,295,370 | € 2,247,546 | ▼ 2% |
Key figures of Devos Invest, 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 October 2026.
What happened to Devos Invest?
What happened at Devos Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 109,112 (▲ 15% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- Nadine Vanderheeren became a director. NBB
- Olivier Devos became a director. NBB
- Xavier Devos became a director. NBB
In short
From € 111,259 profit in 2022 to € 109,112 profit in 2025.
Paid € 172,905 in corporate taxes since 2022.
Best year ever: 2022, with € 111,259 profit.
Management
Behind Devos Invest are Nadine Vanderheeren, Olivier Devos and Xavier Devos. It owns 99.7% of Electro Devosco itself.
Directors
According to the 2025 annual accounts
since 2016
Olivier Devos
Director
since 2016
Xavier Devos
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Ingelmunstersestraat 17 box A
8860 Lendelede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0665.700.508
- VAT number
- BE 0665.700.508
- Registered office
- Ingelmunstersestraat 17 bus A, 8860 Lendelede
- Names & denominations
- Devos Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 2016
- Peppol
- Active · Active since 27 Mar 2026
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