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 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEVAX from Sint-Martens-Latem, company number BE0737582060, closed financial year 2025 with a result of € 54,955 after tax. For that financial year DEVAX recorded a gross margin of € 87,571 and equity of € 205,415. Compared with financial year 2024, the result moved from € 71,192 to € 54,955. The company is profitable. 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 July 8, 2026.
€ 205,415
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,955
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 25,564
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 140,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 390
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,820
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 220,007
▼ 21% vs 2024
€ 61,284 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 8,064
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,082
▲ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 142,623 | € 75,035 | € 109,996 | € 87,571 | ▼ 20% |
| Profit after taxes | € 95,444 | € 67,398 | € 71,192 | € 54,955 | ▼ 23% |
| Equity | € 151,870 | € 219,268 | € 290,459 | € 205,415 | ▼ 29% |
| Total debts | € 457,961 | € 407,785 | € 324,031 | € 367,478 | ▲ 13% |
| Cash | € 65,521 | € 87,497 | € 32,662 | € 25,564 | ▼ 22% |
| Land & buildings | € 5,318 | € 4,684 | € 4,049 | € 3,415 | ▼ 16% |
| Retained profit | € 136,870 | € 204,268 | € 275,459 | € 190,415 | ▼ 31% |
| Dividend | € 10,000 | € 0 | € 0 | € 140,000 | |
| Bank debt | € 396,601 | € 338,913 | € 280,068 | € 220,007 | ▼ 21% |
| Balance sheet total | € 609,831 | € 627,052 | € 614,490 | € 572,893 | ▼ 7% |
Key figures of DEVAX, 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 DEVAX?
What happened at DEVAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,955 (▼ 23% vs 2024). Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
- Axel Devos became a director. NBB
In short
From € 95,444 profit in 2022 to € 54,955 profit in 2025.
Paid € 117,574 in corporate taxes since 2022.
Best year ever: 2022, with € 95,444 profit.
Paid out € 150,000 in dividends to the owners in total.
A new publication or filing at DEVAX? We notify you, reason included.
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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 DEVAX is Axel Devos. It owns 11.1% of Placabois itself.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Jenny Montignylaan 9
9831 Sint-Martens-Latem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.582.060
- VAT number
- BE 0737.582.060
- Registered office
- Jenny Montignylaan 9, 9831 Sint-Martens-Latem
- Names & denominations
- DEVAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2019
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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