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ADV.KT.J.DEVOS

Active
Private limited companyfounded 199233 yrs activeNaamsesteenweg 412A, 3001 Leuven, BelgiumKBO/BCE: BE 0448.949.157
Summary

ADV.KT.J.DEVOS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€41,364) and a net result of -€4,610. Equity is shrinking by ~65.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▲+60
Solvency0▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.29 in 2023; short-term debt: 131.6% and cash: 16.3% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-31.6%
Return on assets
-3.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€41,364
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
27 d late
2023
62 d late
2022
59 d late
2021
68 d late
2020
86 d late
2019
89 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 65 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ADV.KT.J.DEVOS was incorporated on 24 December 1992.1 Total assets fell from EUR 327,792 in 2018 to EUR 130,844 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€41,364▼ 12.5%
2023 · -€36,754
Total assets
€130,844▼ 20.5%
2023 · €164,562
Net result
-€4,610▲ 76.1%
2023 · -€19,285
Working capital
-€149,708▼ 5.1%
2023 · -€142,477
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€21,889▲ 33.9%-€30,196▼ 38.0%-€22,274▲ 26.2%-€17,864▲ 19.8%-€3,959▲ 77.8%
Net result-€23,036below the sector's middle half▲ 31.8%-€31,428below the sector's middle half▼ 36.4%-€22,954below the sector's middle half▲ 27.0%-€19,285below the sector's middle half▲ 16.0%-€4,610below the sector's middle half▲ 76.1%
Equity€36,914within the sector's middle half▼ 38.4%€5,486below the sector's middle half▼ 85.1%-€17,468below the sector's middle half-€36,754below the sector's middle half▼ 110%-€41,364below the sector's middle half▼ 12.5%
Total assets€242,564within the sector's middle half▼ 9.0%€210,693within the sector's middle half▼ 13.1%€188,290within the sector's middle half▼ 10.6%€164,562within the sector's middle half▼ 12.6%€130,844within the sector's middle half▼ 20.5%
Debt€205,651▼ 0.5%€205,208▼ 0.2%€205,758▲ 0.3%€201,315▼ 2.2%€172,208▼ 14.5%
Working capital-€97,928▼ 27.8%-€117,891▼ 20.4%-€131,575▼ 11.6%-€142,477▼ 8.3%-€149,708▼ 5.1%
Solvency15.2%below the sector's middle half▼ 7.3pp2.6%below the sector's middle half▼ 12.6pp-9.3%below the sector's middle half▼ 11.9pp-22.3%below the sector's middle half▼ 13.1pp-31.6%below the sector's middle half▼ 9.3pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2020: -€21,889-€21,889Net result 2020: -€23,036-€23,036Operating result 2021: -€30,196-€30,196Net result 2021: -€31,428-€31,428Operating result 2022: -€22,274-€22,274Net result 2022: -€22,954-€22,954Operating result 2023: -€17,864-€17,864Net result 2023: -€19,285-€19,285Operating result 2024: -€3,959-€3,959Net result 2024: -€4,610-€4,61020202021202220232024-€30,000-€20,000-€10,000€0Operating result 2022: -€22,274-€22,300Net result 2022: -€22,954-€23,000Operating result 2023: -€17,864-€17,900Net result 2023: -€19,285-€19,300Operating result 2024: -€3,959-€3,960Net result 2024: -€4,610-€4,610202220232024
The operating result stays negative: a loss of €3,959 in 2024 against €17,864 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130,844
Fixed assets €108,344 ▲ 2.5%
Current assets €22,500 ▼ 61.8%
Key figures and ratios
2024 value · change against 2023
EBITDA
€4,796▲
2023 · -€9,480
Cash flow
€4,145▲
2023 · -€10,902
Current ratio
0.13▼
2023 · 0.29
Debt to equity
-4.16▲
2023 · -5.48
ROA
-3.5%▲
2023 · -11.7%
Interest coverage
165.66▲
2023 · -12.32
Debt ≤ 1 year
€172,208▼
2023 · €201,315
Income taxes
€622▼
2023 · €653
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,798 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
1.9% went bankrupt
6.0% stopped otherwise
90% still going

A further 2.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,798 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€164,562€130,844▼
Fixed assets21/28€105,723€108,344▲
Tangible fixed assets22/27€105,723€108,344▲
Land and buildings22€98,018€91,575▼
Furniture and vehicles24-€10,991
Other tangible fixed assets26€7,705€5,779▼
Current assets29/58€58,839€22,500▼
Amounts receivable within one year40/41€55,205€306▼
Trade receivables40€148€148=
Other amounts receivable41€55,057€158▼
Cash at bank and in hand54/58€463€21,346▲
Deferred charges and accrued income490/1€3,171€849▼
Equity and liabilities
Total equity and liabilities10/49€164,562€130,844▼
Equity10/15-€36,754-€41,364▼
Contributions10/11€18,592€18,592=
Reserves13€9,359€9,359=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Tax-exempt reserves132€7,500€7,500=
Profit (loss) carried forward14-€64,705-€69,315▼
Amounts payable17/49€201,315€172,208▼
Amounts payable within one year42/48€201,315€172,208▼
Trade debts44€587€1,773▲
Suppliers440/4€587€1,773▲
Taxes, remuneration and social security45€1,274€1,275▲
Taxes450/3€1,274€1,275▲
Other amounts payable47/48€199,454€169,161▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,384€8,755▲
Other operating charges640/8€2,628€1,773▼
Gross operating margin9900-€6,852€6,568▲
Operating profit (loss)9901-€17,864-€3,959▲
Financial charges65/66B€769€29▼
Recurring financial charges65€769€29▼
Profit (loss) for the period before taxes9903-€18,633-€3,988▲
Income taxes67/77€653€622▼
Profit (loss) for the period9904-€19,285-€4,610▲
Profit (loss) for the period to be appropriated9905-€19,285-€4,610▲
Appropriation of the result
Profit (loss) to be appropriated9906-€64,705-€69,315▼
Profit (loss) brought forward from the previous period14P-€45,419-€64,705▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,604€11,465€9,269€8,384€8,755▲ 4.4%
Other operating charges640/8-€2,504€2,461€2,628€1,773▼ 32.5%
Gross operating margin9900-€8,500-€16,227-€10,543-€6,852€6,568▲ 196%
Operating profit (loss)9901-€21,889-€30,196-€22,274-€17,864-€3,959▲ 77.8%
Financial income75/76B-€180€1---
Recurring financial income75€73€180€1---
Financial charges65/66B-€826€60€769€29▼ 96.2%
Recurring financial charges65€775€826€60€769€29▼ 96.2%
Profit (loss) for the period before taxes9903-€22,591-€30,842-€22,333-€18,633-€3,988▲ 78.6%
Income taxes67/77€445€586€621€653€622▼ 4.7%
Profit (loss) for the period9904-€23,036-€31,428-€22,954-€19,285-€4,610▲ 76.1%
Profit (loss) for the period to be appropriated9905-€23,036-€31,428-€22,954-€19,285-€4,610▲ 76.1%
Line20202021202220232024Change
Assets
Total assets20/58€242,564€210,693€188,290€164,562€130,844▼ 20.5%
Fixed assets21/28€134,842€123,376€114,107€105,723€108,344▲ 2.5%
Tangible fixed assets22/27€134,842€123,376€114,107€105,723€108,344▲ 2.5%
Land and buildings22-€111,190€104,461€98,018€91,575▼ 6.6%
Plant, machinery and equipment23-€332€15---
Furniture and vehicles24-€297--€10,991-
Other tangible fixed assets26-€11,557€9,631€7,705€5,779▼ 25.0%
Current assets29/58€107,723€87,317€74,183€58,839€22,500▼ 61.8%
Amounts receivable within one year40/41€55,931€59,636€67,081€55,205€306▼ 99.4%
Trade receivables40-€148€148€148€148=
Other amounts receivable41-€59,488€66,933€55,057€158▼ 99.7%
Cash at bank and in hand54/58€48,533€24,320€5,105€463€21,346▲ 4,510%
Deferred charges and accrued income490/1-€3,361€1,997€3,171€849▼ 73.2%
Equity and liabilities
Total equity and liabilities10/49€242,564€210,693€188,290€164,562€130,844▼ 20.5%
Equity10/15€36,914€5,486-€17,468-€36,754-€41,364▼ 12.5%
Contributions10/11-€18,592€18,592€18,592€18,592=
Reserves13€9,359€9,359€9,359€9,359€9,359=
Non-distributable reserves130/1-€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311-€1,859€1,859€1,859€1,859=
Tax-exempt reserves132-€7,500€7,500€7,500€7,500=
Profit (loss) carried forward14€8,962-€22,466-€45,419-€64,705-€69,315▼ 7.1%
Amounts payable17/49€205,651€205,208€205,758€201,315€172,208▼ 14.5%
Amounts payable within one year42/48€205,651€205,208€205,758€201,315€172,208▼ 14.5%
Trade debts44€3,746€2,751€2,784€587€1,773▲ 202%
Suppliers440/4-€2,751€2,784€587€1,773▲ 202%
Advances received on contracts in progress46-€1,037€1,037---
Taxes, remuneration and social security45-€1,965€2,482€1,274€1,275▲ 0.1%
Taxes450/3-€1,965€2,482€1,274€1,275▲ 0.1%
Other amounts payable47/48-€199,454€199,454€199,454€169,161▼ 15.2%
Line20202021202220232024Change
Profit (loss) for the period9904-€23,036-€31,428-€22,954-€19,285-€4,610▲ 76.1%
+ Depreciation and write-downs630€10,604€11,465€9,269€8,384€8,755▲ 4.4%
Operating cash flow (approximation)-€12,432-€19,963-€13,684-€10,902€4,145▲ 138%
Investment in fixed assets (approximation)-€0€0€0-€11,376-
Change in cash--€24,213-€19,215-€4,642€20,883▲ 550%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
01-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
07-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
25-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
28-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial Weakest financial yearnet -€33,800
Net result drops to -€33,800, the lowest in the series; recovery starts the following year.
19-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
11-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
976 m²
Building footprint
143 m²
Volume, LiDAR
696 m³
Parcel 24434F0205/00C002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADVOKATENKANTOOR J. DEVOS
Naamsesteenweg 412A, 3001 LeuvenLegal and accounting activities
since 20102.187.056.129
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24434F0205/00C002 Flanders 976 m² 1 · 143 m² 7.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,076 companies in sector 69101 we hold annual accounts for 9,058. 3,314 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Not found in the Peppol register

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.