DEV
ActiveSummary
The computed 12-month bankruptcy probability of DEV is 2.4% (moderate). The 2024 annual accounts show equity of €31,448 and a net result of -€10,981. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 18932 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
- Equity
- €31,448
- Loss
- -€10,981
Why 52- Sector Food and beverage service activities (NACE 56)- Figures for FY 2024 (filed 27-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 85 days late; 3 of the last 3 late+ Founded in 1994Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Founded in 1994 lowers the probability for this profile
- Sector Food and beverage service activities (NACE 56) raises the probability
- Figures for FY 2024 (filed 27-10-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 85 days late; 3 of the last 3 late raises the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 65%, liquidity 67%, profitability 8%, growth against the median 22%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 295 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€10,981
- Annual accounts filedfiscal year 2023 · micro…
Financials · fiscal year 2024, micro schema
2020 to 2024, 5 fiscal years 2018 to 2024, 7 fiscal years
The operating result stays negative: a loss of €10,250 in 2024 against €2,659 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 5,835 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% 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 497,450 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 5,835 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,446 | €620 | - | €3,750 | - | €5,000 | - | - |
| Other operating charges640/8 | - | - | - | €1,327 | €719 | €2,317 | €8,560 | ▲ 270% |
| Gross operating margin9900 | €9,617 | €12,515 | €5,568 | €8,550 | €3,922 | €4,658 | -€1,690 | ▼ 136% |
| Operating profit (loss)9901 | €8,171 | €11,530 | €5,055 | €3,473 | €3,203 | -€2,659 | -€10,250 | ▼ 286% |
| Financial income75/76B | - | - | - | - | - | €1 | - | - |
| Recurring financial income75 | - | - | - | - | - | €1 | - | - |
| Financial charges65/66B | - | - | - | €111 | €210 | €61 | €767 | ▲ 1,154% |
| Recurring financial charges65 | €108 | €56 | - | €111 | €210 | €61 | €767 | ▲ 1,154% |
| Profit (loss) for the period before taxes9903 | €8,063 | €11,475 | €5,055 | €3,362 | €2,993 | -€2,719 | -€11,017 | ▼ 305% |
| Income taxes67/77 | €1,661 | €2,037 | €1,264 | €840 | €1,459 | €1,217 | -€36 | ▼ 103% |
| Profit (loss) for the period9904 | €6,402 | €9,438 | €3,791 | €2,521 | €1,534 | -€3,936 | -€10,981 | ▼ 179% |
| Profit (loss) for the period to be appropriated9905 | €6,402 | €9,438 | €3,791 | €2,521 | €1,534 | -€3,936 | -€10,981 | ▼ 179% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €51,115 | €77,528 | €67,949 | €55,151 | €59,023 | €55,731 | €67,177 | ▲ 20.5% |
| Fixed assets21/28 | €678 | €58 | €58 | €11,308 | €11,308 | €6,308 | €8,081 | ▲ 28.1% |
| Tangible fixed assets22/27 | €620 | €0 | €0 | €11,250 | €11,250 | €6,250 | €8,022 | ▲ 28.4% |
| Furniture and vehicles24 | - | - | - | €11,250 | €11,250 | €6,250 | €8,022 | ▲ 28.4% |
| Financial fixed assets28 | €58 | €58 | €58 | €58 | €58 | €58 | €58 | = |
| Current assets29/58 | €50,436 | €77,469 | €67,891 | €43,843 | €47,715 | €49,423 | €59,096 | ▲ 19.6% |
| Stocks and contracts in progress3 | €26,450 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €19,652 | €49,194 | €42,053 | €18,725 | €35,114 | €33,328 | €36,973 | ▲ 10.9% |
| Trade receivables40 | - | - | - | €8,454 | €14,790 | - | €25,845 | - |
| Other amounts receivable41 | - | - | - | €10,271 | €20,324 | €33,328 | €11,128 | ▼ 66.6% |
| Cash at bank and in hand54/58 | €2,283 | €25,618 | €25,618 | €19,288 | €11,971 | €15,465 | €21,673 | ▲ 40.1% |
| Deferred charges and accrued income490/1 | - | - | - | €5,830 | €630 | €630 | €450 | ▼ 28.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €51,115 | €77,528 | €67,949 | €55,151 | €59,023 | €55,731 | €67,177 | ▲ 20.5% |
| Equity10/15 | €29,081 | €38,519 | €42,310 | €44,831 | €46,365 | €42,429 | €31,448 | ▼ 25.9% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Capital10 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Issued capital100 | - | - | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Uncalled capital101 | - | - | - | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Reserves13 | €2,880 | €2,880 | €2,880 | €2,880 | €2,880 | €2,880 | €2,880 | = |
| Non-distributable reserves130/1 | - | - | - | €2,880 | €2,880 | €2,880 | €2,880 | = |
| Legal reserve130 | - | - | - | €2,880 | €2,880 | €2,880 | €2,880 | = |
| Profit (loss) carried forward14 | €20,003 | €29,441 | €33,232 | €35,753 | €37,287 | €33,351 | €22,370 | ▼ 32.9% |
| Amounts payable17/49 | €22,033 | €39,009 | €25,640 | €10,321 | €12,658 | €13,303 | €35,729 | ▲ 169% |
| Amounts payable within one year42/48 | €21,382 | €37,090 | €25,640 | €10,301 | €12,639 | €13,283 | €35,729 | ▲ 169% |
| Financial debts43 | - | - | - | €927 | €936 | €938 | €936 | ▼ 0.2% |
| Credit institutions430/8 | - | - | - | €927 | €936 | €938 | €936 | ▼ 0.2% |
| Trade debts44 | €9,744 | €14,323 | €4,922 | €3,271 | €3,817 | €2,795 | €18,929 | ▲ 577% |
| Suppliers440/4 | - | - | - | €3,271 | €3,817 | €2,795 | €18,929 | ▲ 577% |
| Taxes, remuneration and social security45 | - | - | - | €6,103 | €7,259 | €8,979 | €15,294 | ▲ 70.3% |
| Taxes450/3 | - | - | - | €6,103 | €7,259 | €8,979 | €15,294 | ▲ 70.3% |
| Other amounts payable47/48 | - | - | - | - | €627 | €572 | €570 | ▼ 0.3% |
| Accrued charges and deferred income492/3 | - | - | - | €19 | €19 | €19 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,402 | €9,438 | €3,791 | €2,521 | €1,534 | -€3,936 | -€10,981 | ▼ 179% |
| + Depreciation and write-downs630 | €1,446 | €620 | - | €3,750 | - | €5,000 | - | - |
| Operating cash flow (approximation) | €7,848 | €10,058 | €3,791 | €6,271 | €1,534 | €1,064 | -€10,981 | ▼ 1,132% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€15,000 | €0 | €0 | -€1,772 | - |
| Change in cash | - | €23,335 | €0 | -€6,330 | -€7,317 | €3,494 | €6,208 | ▲ 77.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 2 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818E0170/00P006 | Brussels | 221 m² | 1 · 173 m² | 10.9 m · 2 fl. |
| 21818E0170/00E006 | Brussels | 80 m² | 1 · 42 m² | 11.9 m · 3 fl. |