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BOUWONDERNEMING DEVA

Active
Private limited companyfounded 2004active for 21 yearsMenenstraat 516, 8560 Wevelgem, BelgiumKBO/BCE: BE 0870.392.381
Summary

The annual accounts of BOUWONDERNEMING DEVA for financial year 2025 show a net loss of 185% of total assets and of 99% of the equity at the start of that year. The 2025 annual accounts show equity of €999 and a net result of -€67,458. Equity is growing by about 79% per year across the filed financial years. Its solvency ranks better than 24% of 17,012 sector peers (NACE 68, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€36,545total assets 2025
Equity
€999
Loss
-€67,458
Turnover not published (abbreviated or micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Largest shareholder
WIVABUILD · 50%
Accounts 17 days early1 of 5 deeds read
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €67,458 (financial year 2025)Equity €999 (2.7% of total assets)lowers riskSize: total assets €36,545Liquidity: current ratio 1.03, cash €28,551Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 68, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 28-56
equity 2.7% of total assets
Liquidity 50-26
short-term debt 97.3% · cash 78.1%
Profitability 0-67
return on assets -184.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,610 companies, NACE 68, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 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%● unchanged 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 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: < 0.1%▼ -0.1 percentage points vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: 0.3%▲ +0.2 percentage points vs 01-2026highest value 03-2026: 0.3%● unchanged vs 02-2026highest value 04-2026: 0.3%● unchanged vs 03-2026highest value 05-2026: 0.3%● unchanged vs 04-2026highest value 06-2026: 0.3%● unchanged vs 05-2026highest value 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.03, compared with 2.44 in 2024, below the usual 1.5; short-term debt: 97.3% and cash: 78.1% of total assets), and 97.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 23% on solvency, 49% on liquidity, 4% on profitability and 5% on growth.

The bankruptcy probability was computed on 22-10-2026 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.

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

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €67,458 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €36,545
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.03, cash €28,551
NBB · annual accounts
raises risk · Equity €999 (2.7% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 17012 sector peers (2025).
NBB · sector comparison
Position among 17012 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-01-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
23 days early
2023
41 days early
2022
18 days early
2021
27 days early
2020
41 days early
2019
60 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 8 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end23-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: BV Wivabuild (director)Permanent representative: Wim Vanwijnsberghe
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Weakest financial yearnet -€67,458

Financials · financial year 2025, micro format

Equity
€999▼ 98.5%
2024 · €68,457
Total assets
€36,545▼ 68.5%
2024 · €116,135
Net result
-€67,458
2024 · €13,820
Working capital
€999▼ 98.5%
2024 · €68,457
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €69,543 after €18,603 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€69,543 2025 Net result-€67,458 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€2,205--€644▲ 70.8%€8,567€12,616▲ 47.3%€40,137▲ 218%€18,603▼ 53.7%-€69,543
Net result-€2,227--€683within the sector's middle half▲ 69.3%€7,313within the sector's middle half€12,439within the sector's middle half▲ 70.1%€31,880above the sector's middle half▲ 156%€13,820within the sector's middle half▼ 56.6%-€67,458below the sector's middle half
Equity€3,687-€3,004below the sector's middle half▼ 18.5%€10,318below the sector's middle half▲ 243%€22,757within the sector's middle half▲ 121%€54,637within the sector's middle half▲ 140%€68,457within the sector's middle half▲ 25.3%€999below the sector's middle half▼ 98.5%
Total assets€4,035-€3,461below the sector's middle half▼ 14.2%€23,217below the sector's middle half▲ 571%€53,098below the sector's middle half▲ 129%€66,034below the sector's middle half▲ 24.4%€116,135below the sector's middle half▲ 75.9%€36,545below the sector's middle half▼ 68.5%
Debt€348-€457▲ 31.4%€12,899▲ 2,726%€30,341▲ 135%€11,397▼ 62.4%€47,679▲ 318%€35,547▼ 25.4%
Working capital€3,687-€3,004within the sector's middle half▼ 18.5%€10,318within the sector's middle half▲ 243%€22,757within the sector's middle half▲ 121%€54,637within the sector's middle half▲ 140%€68,457within the sector's middle half▲ 25.3%€999within the sector's middle half▼ 98.5%
Solvency44.4%within the sector's middle half42.9%within the sector's middle half▼ 1.6pp82.7%above the sector's middle half▲ 39.9pp58.9%within the sector's middle half▼ 23.8pp2.7%below the sector's middle half▼ 56.2pp
Current ratio1.80within the sector's middle half1.75within the sector's middle half▼ 0.055.79above the sector's middle half▲ 4.042.44within the sector's middle half▼ 3.361.03within the sector's middle half▼ 1.41
Return on assets (ROA)31.5%above the sector's middle half23.4%above the sector's middle half▼ 8.1pp48.3%above the sector's middle half▲ 24.9pp11.9%above the sector's middle half▼ 36.4pp-184.6%below the sector's middle half▼ 196.5pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €36,545
Equity €999 ▼ 98.5%
Debt €35,547 ▼ 25.4%
Debt's share of the balance-sheet total rises from 41.1% to 97.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€35,547▼
2024 · €47,679
Income taxes
€0▼
2024 · €4,638
Equity ratios withheld: equity of €999 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 540 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 85.9% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
5.2% went bankrupt
8.3% stopped otherwise
85.9% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 540 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 · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€116,135€36,545▼
Current assets29/58€116,135€36,545▼
Stocks and contracts in progress3€10,559€0▼
Stocks30/36€10,559€0▼
Amounts receivable within one year40/41€49,568€5,913▼
Trade receivables40€41,484€5,620▼
Other amounts receivable41€8,084€294▼
Current investments50/53€11,956€0▼
Cash at bank and in hand54/58€41,977€28,551▼
Deferred charges and accrued income490/1€2,076€2,082▲
Equity and liabilities
Total equity and liabilities10/49€116,135€36,545▼
Equity10/15€68,457€999▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14€47,997-€19,461▼
Amounts payable17/49€47,679€35,547▼
Amounts payable within one year42/48€47,679€35,547▼
Trade debts44€47,600€9,486▼
Suppliers440/4€47,600€9,486▼
Other amounts payable47/48€79€26,061▲
Income statement Code20242025
Other operating charges640/8€652€674▲
Gross operating margin9900€19,256-€68,868▼
Operating profit (loss)9901€18,603-€69,543▼
Financial income75/76B€225€2,281▲
Recurring financial income75€225€2,281▲
Financial charges65/66B€370€197▼
Recurring financial charges65€370€197▼
Profit (loss) for the period before taxes9903€18,458-€67,458▼
Income taxes67/77€4,638€0▼
Profit (loss) for the period9904€13,820-€67,458▼
Profit (loss) for the period to be appropriated9905€13,820-€67,458▼
Appropriation of the result
Profit (loss) to be appropriated9906€47,997-€19,461▼
Profit (loss) brought forward from the previous period14P€34,177€47,997▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Other operating charges640/8---€535€574€652€674▲ 3.4%
Gross operating margin9900-€2,023-€460€8,753€13,151€40,712€19,256-€68,868-
Operating profit (loss)9901-€2,205-€644€8,567€12,616€40,137€18,603-€69,543-
Financial income75/76B----€0€225€2,281▲ 914%
Recurring financial income75----€0€225€2,281▲ 914%
Financial charges65/66B---€177€206€370€197▼ 46.8%
Recurring financial charges65€22€39€1,253€177€206€370€197▼ 46.8%
Profit (loss) for the period before taxes9903-€2,227-€683€7,313€12,439€39,932€18,458-€67,458-
Income taxes67/77----€8,052€4,638€0▼ 100%
Profit (loss) for the period9904-€2,227-€683€7,313€12,439€31,880€13,820-€67,458-
Profit (loss) for the period to be appropriated9905-€2,227-€683€7,313€12,439€31,880€13,820-€67,458-
Line2019202020212022202320242025Change
Assets
Total assets20/58€4,035€3,461€23,217€53,098€66,034€116,135€36,545▼ 68.5%
Current assets29/58€4,035€3,461€23,217€53,098€66,034€116,135€36,545▼ 68.5%
Stocks and contracts in progress3-----€10,559€0▼ 100%
Stocks30/36-----€10,559€0▼ 100%
Amounts receivable within one year40/41--€9,815€9,579€15,877€49,568€5,913▼ 88.1%
Trade receivables40---€9,518€12,724€41,484€5,620▼ 86.5%
Other amounts receivable41---€61€3,153€8,084€294▼ 96.4%
Current investments50/53-----€11,956€0▼ 100%
Cash at bank and in hand54/58€4,035€3,461€13,403€42,591€48,990€41,977€28,551▼ 32.0%
Deferred charges and accrued income490/1---€928€1,167€2,076€2,082▲ 0.3%
Equity and liabilities
Total equity and liabilities10/49€4,035€3,461€23,217€53,098€66,034€116,135€36,545▼ 68.5%
Equity10/15€3,687€3,004€10,318€22,757€54,637€68,457€999▼ 98.5%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860€0--
Reserves not available under the articles1311---€1,860€1,860€0--
Distributable reserves133-----€1,860€1,860=
Profit (loss) carried forward14-€16,773-€17,456-€10,142€2,297€34,177€47,997-€19,461-
Amounts payable17/49€348€457€12,899€30,341€11,397€47,679€35,547▼ 25.4%
Amounts payable within one year42/48€348€457€12,899€30,341€11,397€47,679€35,547▼ 25.4%
Trade debts44€348€457€9,503€29,265€11,319€47,600€9,486▼ 80.1%
Suppliers440/4---€29,265€11,319€47,600€9,486▼ 80.1%
Taxes, remuneration and social security45---€77€0---
Taxes450/3---€77€0---
Other amounts payable47/48---€1,000€79€79€26,061▲ 33,099%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€2,227-€683€7,313€12,439€31,880€13,820-€67,458-
Operating cash flow (approximation)-€2,227-€683€7,313€12,439€31,880€13,820-€67,458-
Change in cash--€574€9,942€29,189€6,399-€7,013-€13,427▼ 91.4%

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

Download as CSV

Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 14-01-2026 2026-00007388
30-06-2024 micro format 08-01-2025 2025-00002246
30-06-2023 micro format 21-12-2023 2023-00533906
30-06-2022 micro format 13-01-2023 2023-20557891
30-06-2021 abbreviated format 04-01-2022 2022-00200502
30-06-2020 micro format 21-12-2020 2020-76500424
30-06-2019 micro format 02-12-2019 2019-75100139
30-06-2018 micro format 17-12-2018 2018-74600484
30-06-2017 micro format 04-01-2018 2018-00300332
30-06-2016 abbreviated format 05-12-2016 2016-69300582

Show all 20 filings

Similar companies · same sector, comparable size

Of the 9,535 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,345. 807 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
no sitting director read yet, last change in 2026
No directors read yet: 1 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Mandate history

1 person since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
BV Wivabuild
  • Director (not named in the articles), until 12-03-2026
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

BOUWONDERNEMING DEVA was incorporated on 6 December 2004.1 Total assets rose from €4,035 in 2019 to €36,545 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
16-06
Gazette deed Resignation: BV Wivabuild (director)
Permanent representative: Wim Vanwijnsberghe4 facts ▸
  • General meeting, 12-03-2026
  • Director resignation, BV Wivabuild (director (not named in the articles))
  • Permanent representative, Wim Vanwijnsberghe
  • Other provision, “kennisname en akkoord ontslag vaste vertegenwoordiger” (deed in Dutch)
14-01
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-06
Financial Weakest financial yearnet -€67,458
Net result drops to -€67,458, the lowest in the series.
08-01
NBB filing Annual accounts filed
financial year 2024 · micro format
2023
21-12
NBB filing Annual accounts filed
financial year 2023 · micro format
30-06
Financial Highest result from 2019 to 2025net €31,880 ▲156%
Operating result €40,137, net result €31,880, both a record.
30-06
Financial Liquidity more than triplescurrent ratio 5.79
Current ratio from 1.75 to 5.79; short-term debt falls from €30,341 to €11,397.
13-01
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
04-01
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
30-06
Financial Back to profitnet €7,313
Net result €7,313 after 2 loss-making years.
2020
21-12
NBB filing Annual accounts filed
financial year 2020 · micro format
2019
02-12
NBB filing Annual accounts filed
financial year 2019 · micro format
Show earlier events
2018
17-12
NBB filing Annual accounts filed
financial year 2018 · micro format
04-01
NBB filing Annual accounts filed
financial year 2017 · micro format
2016
05-12
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 20 annual accounts filed, the latest 10 are here; all 20 are under Financials.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not 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.

Register details

Identification
Legal formPrivate limited company
Founded06-12-2004
Financial year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0870392381
Registered 15-07-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0870.392.381

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2007
registered office establishment The establishment unit on the map
Ground area
867 m²
Building footprint
447 m²
Building volume
10 m³
Parcel 34041A0455/00T003, Flanders · tallest building 0.5 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
BOUWONDERNEMING DEVA
Menenstraat 516, 8560 WevelgemDevelopment of residential building projects
since 2007unit no. 2.165.195.101
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34041A0455/00T003 Flanders 867 m² 1 · 447 m² 0.5 m
How the parcels are linked
Good to know
The parcel matches the address exactly.