DEV.CAU
ActiveSummary
DEV.CAU has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,533 and a net result of -€6,477. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-91
Solvency87▼-6
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.77 in 2024; short-term debt: 38.4% and cash: 3.9% of total assets), and 38.4% of the assets are financed with debt.
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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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 2025Solvency, return and age of the figures
Solvency
61.6%
Return on assets
-37.9%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 13-01-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
30 d late
2023
1 d early
2022
33 d early
2021
12 d early
2020
1 d early
2019
35 d 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 10 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€26,300▲ 4.6%
2023 · €25,155
EBIT margin
28.2%▼ 1.8pp
2023 · 30.0%
Net result
-€6,477
2024 · €3,632
Working capital
-€5,753▼ 211%
2024 · -€1,850
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€17,300€25,155▲ 45.4%€26,300▲ 4.6%
Operating result€4,376▲ 198%-€5€7,546€7,421▼ 1.7%-€6,111
Net result€4,087▲ 860%-€1,979€7,698€3,632▼ 52.8%-€6,477
EBIT margin0.0%30.0%▲ 30.0pp28.2%▼ 1.8pp
Equity€12,659▲ 47.7%€10,680▼ 15.6%€13,378▲ 25.3%€17,010▲ 27.1%€10,533▼ 38.1%
Total assets€19,221▲ 115%€19,932▲ 3.7%€23,018▲ 15.5%€24,935▲ 8.3%€17,090▼ 31.5%
Debt€6,562▲ 1,613%€9,252▲ 41.0%€9,640▲ 4.2%€7,925▼ 17.8%€6,557▼ 17.3%
Working capital€13,890▲ 91.5%-€7,651-€5,090▲ 33.5%-€1,850▲ 63.6%-€5,753▼ 211%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6,111 after €7,421 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17,090
Fixed assets
€16,286 ▼ 13.6%
Current assets
€804 ▼ 86.8%
Equity and liabilities €17,090
Equity
€10,533 ▼ 38.1%
Debt
€6,557 ▼ 17.3%
Debt's share of the balance-sheet total rises from 31.8% to 38.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,537▼
2024 · €10,012
Cash flow
-€3,903▼
2024 · €6,223
Current ratio
0.12▼
2024 · 0.77
Debt to equity
0.62▲
2024 · 0.47
ROE
-61.5%▼
2024 · 21.4%
ROA
-37.9%▼
2024 · 14.6%
Interest coverage
-18.54▼
2024 · 10.71
Debt ≤ 1 year
€6,557▼
2024 · €7,925
Income taxes
€174▼
2024 · €2,855
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €17,300 | €25,155 | €26,300 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €16,029 | €14,907 | €17,419 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €352 | €1,276 | €1,595 | €2,591 | €2,574 | ▼ 0.7% |
| Other operating charges640/8 | - | - | €58 | €399 | €527 | ▲ 32.2% |
| Non-recurring operating charges66A | - | - | €2,644 | - | €6,930 | - |
| Gross operating margin9900 | €4,728 | €1,271 | €11,844 | €10,411 | €3,920 | ▼ 62.3% |
| Operating profit (loss)9901 | €4,376 | -€5 | €7,546 | €7,421 | -€6,111 | ▼ 182% |
| Financial income75/76B | - | €0 | €152 | - | - | - |
| Recurring financial income75 | €616 | €0 | €152 | - | - | - |
| Financial charges65/66B | - | €241 | - | €935 | €191 | ▼ 79.6% |
| Recurring financial charges65 | €143 | €241 | - | €935 | €191 | ▼ 79.6% |
| Profit (loss) for the period before taxes9903 | €4,849 | -€246 | €7,698 | €6,486 | -€6,302 | ▼ 197% |
| Income taxes67/77 | €762 | €1,734 | - | €2,855 | €174 | ▼ 93.9% |
| Profit (loss) for the period9904 | €4,087 | -€1,979 | €7,698 | €3,632 | -€6,477 | ▼ 278% |
| Profit (loss) for the period to be appropriated9905 | €4,087 | -€1,979 | €7,698 | €3,632 | -€6,477 | ▼ 278% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,221 | €19,932 | €23,018 | €24,935 | €17,090 | ▼ 31.5% |
| Fixed assets21/28 | €969 | €18,331 | €18,468 | €18,860 | €16,286 | ▼ 13.6% |
| Tangible fixed assets22/27 | €969 | €18,331 | €18,468 | €18,860 | €16,286 | ▼ 13.6% |
| Land and buildings22 | - | €11,400 | €11,400 | €11,400 | €11,400 | = |
| Furniture and vehicles24 | - | €6,931 | €7,068 | €7,460 | €4,886 | ▼ 34.5% |
| Current assets29/58 | €18,253 | €1,601 | €4,550 | €6,075 | €804 | ▼ 86.8% |
| Amounts receivable within one year40/41 | €14,239 | €421 | €1,092 | - | - | - |
| Trade receivables40 | - | - | €790 | - | - | - |
| Other amounts receivable41 | - | €421 | €302 | - | - | - |
| Cash at bank and in hand54/58 | €4,006 | €737 | €2,944 | €5,658 | €659 | ▼ 88.4% |
| Deferred charges and accrued income490/1 | - | €443 | €514 | €417 | €145 | ▼ 65.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,221 | €19,932 | €23,018 | €24,935 | €17,090 | ▼ 31.5% |
| Equity10/15 | €12,659 | €10,680 | €13,378 | €17,010 | €10,533 | ▼ 38.1% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €4,599 | €2,620 | €5,318 | €8,950 | €2,473 | ▼ 72.4% |
| Amounts payable17/49 | €6,562 | €9,252 | €9,640 | €7,925 | €6,557 | ▼ 17.3% |
| Amounts payable within one year42/48 | €4,362 | €9,252 | €9,640 | €7,925 | €6,557 | ▼ 17.3% |
| Trade debts44 | €4,362 | €306 | €103 | €1,307 | €367 | ▼ 71.9% |
| Suppliers440/4 | - | €306 | €103 | €1,307 | €367 | ▼ 71.9% |
| Taxes, remuneration and social security45 | - | €1,079 | - | €1,291 | €1,030 | ▼ 20.2% |
| Taxes450/3 | - | €1,079 | - | €1,291 | €1,030 | ▼ 20.2% |
| Other amounts payable47/48 | - | €7,867 | €9,537 | €5,328 | €5,160 | ▼ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,087 | -€1,979 | €7,698 | €3,632 | -€6,477 | ▼ 278% |
| + Depreciation and write-downs630 | €352 | €1,276 | €1,595 | €2,591 | €2,574 | ▼ 0.7% |
| Operating cash flow (approximation) | €4,439 | -€704 | €9,293 | €6,223 | -€3,903 | ▼ 163% |
| Investment in fixed assets (approximation) | - | -€18,638 | -€1,733 | -€2,983 | €0 | ▲ 100% |
| Change in cash | - | -€3,268 | €2,206 | €2,714 | -€4,999 | ▼ 284% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€6,477
Net result drops to -€6,477, the lowest in the series.
02-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €7,698
Net result €7,698 after one loss-making year.
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
19-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity times 7current ratio 19.93
Current ratio from 2.77 to 19.93; short-term debt falls from €4,063 to €383.
2019
27-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 325 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.
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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, Brussel
Ground area
3,444 m²
Building footprint
661 m²
Volume, LiDAR
7,658 m³
Parcel 21808H1952/00S000, Brussels · tallest building 23.4 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1952/00S000 | Brussels | 3,444 m² | 1 · 661 m² | 23.4 m · 3 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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 23,495 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
Founded02-11-2011
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.