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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
DEVEM from Sint-Martens-Latem, company number BE0821186162, closed financial year 2025 with a result of € -89,224 after tax. For that financial year DEVEM recorded a gross margin of € -35,165 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -81,824 to € -89,224. 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 November 14, 2025.
€ 2.1 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -89,224
▼ 9 % more loss than in 2024
Profit after tax over the fiscal year.
€ 355,253
▲ 192% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 439,313.
People and assets in 2025
€ 1,163
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 93,107
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,408
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,280
▼ 35% 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 | € 31,802 | € -67,809 | € -15,957 | € -35,165 | ▼ € 19,208 |
| Profit after taxes | € -7,896 | € 143,875 | € -81,824 | € -89,224 | ▼ € 7,400 |
| Equity | € 2,151,600 | € 2,295,475 | € 2,213,651 | € 2,124,427 | ▼ 4% |
| Total debts | € 235,385 | € 81,289 | € 65,595 | € 15,873 | ▼ 76% |
| Cash | € 7,723 | € 1,506,004 | € 121,488 | € 355,253 | ▲ 192% |
| Land & buildings | € 494,447 | € 570,818 | € 561,024 | € 525,837 | ▼ 6% |
| Retained profit | € 466,485 | € 610,360 | € 528,537 | € 439,313 | ▼ 17% |
| Bank debt | € 222,490 | € 65,551 | € 36,402 | € 0 | ▼ 100% |
| Balance sheet total | € 2,386,985 | € 2,376,764 | € 2,279,246 | € 2,140,300 | ▼ 6% |
Key figures of DEVEM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to DEVEM?
What happened at DEVEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 89,224. filed late Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 7,896 loss in 2022 to € 89,224 loss in 2025.
Paid € 2,087 in corporate taxes since 2022.
Best year ever: 2023, with € 143,875 profit.
Management
Behind DEVEM are Helena Embo, Frank Embo, Louise Embo and Angèle De Vreese.
Directors
According to the 2025 annual accounts
Helena Embo
Director
Frank Embo
Director
Louise Embo
Director
Angèle De Vreese
Director
Establishments
Establishment units
Physical locations of this company
Broekstraat 66
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- EMBO Frank Alex Adolphe(oprichter) 95%
- DE VREESE Angèle Alice Andrea(oprichter) 5%
Details
- Company number
- 0821.186.162
- VAT number
- BE 0821.186.162
- Registered office
- Broekstraat 66, 9831 Sint-Martens-Latem
- Names & denominations
- DEVEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 2009
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- devemstallen.be +32474/506584
- Activities · NACE
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Overige recreatie- en ontspanningsactiviteiten, neg
Overige zakelijke dienstverlening, neg
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