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Art Devo

Active Private limited companyfounded 2023active for 3 yearsBrugsesteenweg 353, 9030 GhentKBO/BCE: BE 0799.160.432

Lifetime

3 annual accounts with figures on one time axis
peak €53,364 (2025)
€53,364▲ 52.7%
peak €34,761 (2025)
€34,761▲ 80.9%
peak €88,577 (2025)
€88,577▲ 64.6%
€34,081unchanged
Board1 name since 2023
Documentsfilings and deeds
16-03-2026137 days before the deadline
2025micro format
Gross margin from €34,956 to €53,364Result from €19,212 to €34,761Equity from €53,816 to €88,577Cash from €16,576 to €59,503

Key points

from the 2025 annual accounts

Equity

€88,577 ▲ 64.6%

Art Devo has made a profit in every financial year since 2023.

Turnover

≈ €100,000 estimated

The micro format states no turnover.

Liquidity

4.36 was 3.28 in 2024

Short-term debts rose from €18,498 to €23,780.

Checked score

97
Excellent
Financially stronger than 79% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025highest value 09-2025: 0.1%● unchanged vs 08-2025highest value 10-2025: 0.1%● unchanged vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

97+11equity 72.2% of total assets
94+27short-term debt 19.4% · cash 48.5%
100+4return on assets 28.3%

Score breakdown

lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 4.36, cash €59,503
Equity €88,577 (72.2% of total assets)
Size: total assets €122,658
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 66% of them on solvency, 83% on liquidity, 82% on profitability and 83% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Art Devo has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Art Devo itself is lower: < 0.1% within 12 months. It rests on far more data about Art Devo than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for Art Devo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €8,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.36 (3.28 in 2024), above the usual 1.5. Short-term debt is 19.4% and cash 48.5% of total assets. 27.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 4.36, cash €59,503
NBB · annual accounts
lowers risk · Equity €88,577 (72.2% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €122,658
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-03-2026, 137 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
137 days early
2024
55 days early
2023
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 81 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 June (3 of the last 3 accounts filed within 82 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

DM
Director, since 24-02-2023
  • DUBKOVA Margarita 3,000 sharesdeed of 07-03-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0799160432
Incorporation Founding capital of €3,000, 3,000 shares · Founder: DUBKOVA Margarita · Appointment: DUBKOVA Margarita (director) · published on 07-03-2023 · Gazette deed
First establishment Brugsesteenweg 353, Ghent
All 8 events

Comparable companies

same main activity, similar in size and age
Company
Art Devo Ghent €122,658 €53,364 72.2% -
WildStrike Ghent €122,368 €55,787 74.1% -
CoDeveloper Nazareth-De Pinte €128,672 €55,356 88.5% -
MARECHAL IT Merelbeke-Melle €115,019 €57,370 81.4% -
vSec Aalst €134,483 €53,375 59.3% -
SIMPA TECH Aalst €127,867 €52,477 87.0% -
PS:GROW Deinze €124,488 €51,700 56.0% -

These companies have the same main activity as Art Devo: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €115,000 and €134,000, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 03-03-2023Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.342.446.9619030 Ghent, since 03-03-2023
Financial year end
31 December
Peppol
Reachable since 11-09-2025
Company details

Annual accounts 2025

€122,658▲ 39.6%
Filing
Filed on 16-03-2026, 137 days before the end of the filing period
Financials

Insights on Art Devo

Art Devo files the micro format. That format states no turnover. The gross margin rose from €49,483 in 2023 to €53,364 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Art Devo

What is the company number of Art Devo?
The company number of Art Devo is 0799.160.432. The VAT number is the same number with BE in front: BE 0799.160.432.
Where is Art Devo based?
The registered office is at Brugsesteenweg 353, 9030 Ghent.Company details
What does Art Devo do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Art Devo?
Art Devo is a private limited company (BV).
When was Art Devo founded?
Art Devo was founded on 03-03-2023.
Is Art Devo still active?
Yes, Art Devo is an active enterprise in the KBO register.
What is the turnover of Art Devo?
The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €53,364 and 60 comparable companies (NACE 62200). It probably lies between €91,000 and €130,000.Financials
Is Art Devo profitable?
In financial year 2025, Art Devo made a profit of €34,761.
Where can I find the annual accounts of Art Devo?
Art Devo filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Art Devo due?
Art Devo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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