Financials
Financial year 2025
DEVAC from Tielt, company number BE0712622376, closed financial year 2025 with a result of € -12,890 after tax. For that financial year DEVAC recorded a gross margin of € -10,510 and equity of € 106,242. Compared with financial year 2024, the result moved from € 34,772 to € -12,890. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 28, 2026.
€ 106,242
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,890
▼ still € 34,772 profit in 2024
Profit after tax over the fiscal year.
€ 5,891
▲ € 4,989 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 87,742.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,376
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20,468
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 6,553
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,337
▼ 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 | € 57,585 | € 34,463 | € 54,603 | € -10,510 | ▼ € 65,113 |
| Profit after taxes | € 28,217 | € 7,550 | € 34,772 | € -12,890 | ▼ € 47,662 |
| Equity | € 80,194 | € 87,745 | € 120,799 | € 106,242 | ▼ 12% |
| Total debts | € 48,831 | € 79,397 | € 57,559 | € 43,024 | ▼ 25% |
| Cash | € 5,781 | € 10,067 | € 902 | € 5,891 | ▲ € 4,989 |
| Retained profit | € 61,694 | € 69,245 | € 102,299 | € 87,742 | ▼ 14% |
| Dividend | € 0 | € 0 | € 1,718 | € 1,666 | ▼ 3% |
| Bank debt | € 25,540 | € 30,347 | € 20,320 | € 20,468 | ▲ 1% |
| Balance sheet total | € 129,026 | € 167,141 | € 178,357 | € 149,266 | ▼ 16% |
Key figures of DEVAC, 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 DEVAC?
What happened at DEVAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,890 (▼ € 47,662 vs 2024). Source: NBB ↗
- Christian De Deurwaerder became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,217 profit in 2022 to € 12,890 loss in 2025.
Paid € 35,549 in corporate taxes since 2022.
Best year ever: 2024, with € 34,772 profit.
Paid out € 3,384 in dividends to the owners in total.
Management
Behind DEVAC is Christian De Deurwaerder. Christian De Deurwaerder is also behind Defrana Wood.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Kasteelstraat 137
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0712.622.376
- VAT number
- BE 0712.622.376
- Registered office
- Kasteelstraat 137, 8700 Tielt
- Names & denominations
- DEVAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Holdings
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)