DEV DESIGN
ActiveSummary
DEV DESIGN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €-93k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 31% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability7▲+1
Solvency36▼-22
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.0 against 1.94 in 2023; short-term debt: 89.2% and cash: 11.5% of total assets), and 89.2% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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 2024Solvency, return and age of the figures
Solvency
10.8%
Return on assets
-9.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-93k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
84 d late
2022
339 d late
2021
598 d late
2020
170 d late
2019
108 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-93k▼ 55.7%
2023 · €-60k
Working capital
€3k▼ 99.0%
2023 · €253k
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
Line20202021202220232024
Operating result€-46k€100k€54k▼ 45.9%€-54k€-88k▼ 65.0%
Net result€-43k€72k€32k▼ 55.4%€-60k€-93k▼ 55.7%
Equity€154k▼ 21.7%€227k▲ 46.8%€259k▲ 14.2%€199k▼ 23.0%€106k▼ 46.7%
Total assets€302k▲ 20.3%€346k▲ 14.6%€480k▲ 38.4%€607k▲ 26.6%€979k▲ 61.3%
Debt€148k▲ 173%€120k▼ 18.9%€221k▲ 84.0%€408k▲ 84.7%€873k▲ 114%
Working capital€141k▼ 28.5%€229k▲ 62.7%€244k▲ 6.3%€253k▲ 4.1%€3k▼ 99.0%
Staff (FTE)0.9▲ 125%2.1▲ 133%2.2▲ 4.8%2.3▲ 4.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €88k in 2024 against €54k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €979k
Fixed assets
€104k ▲ 23.6%
Current assets
€876k ▲ 67.4%
Equity and liabilities €979k
Equity
€106k ▼ 46.7%
Debt
€873k ▲ 114%
Debt's share of the balance-sheet total rises from 67.2% to 89.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-74k▼
2023 · €-40k
Cash flow
€-79k▼
2023 · €-46k
Current ratio
1.00▼
2023 · 1.94
Quick ratio
0.14▼
2023 · 1.04
Debt to equity
8.22▲
2023 · 2.05
ROE
-87.2%▼
2023 · -29.9%
ROA
-9.5%▲
2023 · -9.8%
Interest coverage
-17.21▼
2023 · -7.29
Debt ≤ 1 year
€873k▲
2023 · €270k
Staff costs
€94k▲
2023 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €20 | - | - | - |
| Remuneration, social security and pensions62 | - | €55k | €64k | €66k | €94k | ▲ 42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €100 | €6k | €13k | €13k | €14k | ▲ 3.5% |
| Other operating charges640/8 | - | €7k | €3k | €14k | €3k | ▼ 76.6% |
| Operating charges capitalised as restructuring costs649 | - | - | - | - | €0 | - |
| Non-recurring operating charges66A | - | €49k | €4k | €5k | €3k | ▼ 30.4% |
| Gross operating margin9900 | €-9k | €217k | €138k | €45k | €26k | ▼ 41.0% |
| Operating profit (loss)9901 | €-46k | €100k | €54k | €-54k | €-88k | ▼ 65.0% |
| Financial income75/76B | - | €6k | €2k | €120 | €6 | ▼ 94.7% |
| Recurring financial income75 | €9k | €6k | €2k | €120 | €6 | ▼ 94.7% |
| Financial charges65/66B | - | €8k | €5k | €6k | €4k | ▼ 21.4% |
| Recurring financial charges65 | €5k | €8k | €5k | €6k | €4k | ▼ 21.4% |
| Profit (loss) for the period before taxes9903 | €-42k | €97k | €52k | €-59k | €-93k | ▼ 57.3% |
| Income taxes67/77 | €1k | €25k | €20k | €604 | - | - |
| Profit (loss) for the period9904 | €-43k | €72k | €32k | €-60k | €-93k | ▼ 55.7% |
| Profit (loss) for the period to be appropriated9905 | €-27k | €72k | €32k | €-60k | €-93k | ▼ 55.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €302k | €346k | €480k | €607k | €979k | ▲ 61.3% |
| Fixed assets21/28 | €14k | €66k | €57k | €84k | €104k | ▲ 23.6% |
| Tangible fixed assets22/27 | €1k | €53k | €42k | €33k | €53k | ▲ 59.5% |
| Plant, machinery and equipment23 | - | - | - | - | €3k | - |
| Furniture and vehicles24 | - | €53k | €42k | €33k | €50k | ▲ 51.1% |
| Financial fixed assets28 | €13k | €13k | €15k | €51k | €51k | = |
| Current assets29/58 | €288k | €280k | €423k | €523k | €876k | ▲ 67.4% |
| Stocks and contracts in progress3 | €151k | €55k | €108k | €244k | €754k | ▲ 210% |
| Stocks30/36 | - | €55k | €108k | €244k | €754k | ▲ 210% |
| Amounts receivable within one year40/41 | €122k | €169k | €290k | €203k | €9k | ▼ 95.7% |
| Trade receivables40 | - | €75k | €288k | €192k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €94k | €1k | €11k | €9k | ▼ 21.5% |
| Cash at bank and in hand54/58 | €12k | €53k | €21k | €74k | €113k | ▲ 52.5% |
| Deferred charges and accrued income490/1 | - | €4k | €4k | €2k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €302k | €346k | €480k | €607k | €979k | ▲ 61.3% |
| Equity10/15 | €154k | €227k | €259k | €199k | €106k | ▼ 46.7% |
| Contributions10/11 | - | €10k | €10k | €10k | €12k | ▲ 18.2% |
| Reserves13 | €2k | €2k | €2k | €2k | - | - |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Profit (loss) carried forward14 | €142k | €214k | €247k | €187k | €94k | ▼ 49.7% |
| Amounts payable17/49 | €148k | €120k | €221k | €408k | €873k | ▲ 114% |
| Amounts payable after more than one year17 | - | €68k | €41k | €138k | - | - |
| Financial debts170/4 | - | €68k | €41k | €138k | - | - |
| Amounts payable within one year42/48 | €147k | €51k | €179k | €270k | €873k | ▲ 224% |
| Current portion of amounts payable after more than one year42 | - | €13k | €13k | €13k | €8k | ▼ 33.3% |
| Financial debts43 | - | - | - | €4k | - | - |
| Credit institutions430/8 | - | - | - | €4k | - | - |
| Trade debts44 | €78k | - | €61k | €79k | €597k | ▲ 653% |
| Suppliers440/4 | - | - | €61k | €79k | €449k | ▲ 466% |
| Bills of exchange payable441 | - | - | - | - | €148k | - |
| Advances received on contracts in progress46 | - | €4k | €4k | €4k | €4k | = |
| Taxes, remuneration and social security45 | - | €29k | €58k | €111k | €69k | ▼ 37.6% |
| Taxes450/3 | - | €27k | €48k | €95k | €57k | ▼ 40.2% |
| Remuneration and social security454/9 | - | €2k | €10k | €16k | €13k | ▼ 22.0% |
| Other amounts payable47/48 | - | €5k | €44k | €58k | €194k | ▲ 233% |
| Accrued charges and deferred income492/3 | - | €699 | €1k | €122 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-43k | €72k | €32k | €-60k | €-93k | ▼ 55.7% |
| + Depreciation and write-downs630 | €100 | €6k | €13k | €13k | €14k | ▲ 3.5% |
| Operating cash flow (approximation) | €-43k | €78k | €45k | €-46k | €-79k | ▼ 70.9% |
| Investment in fixed assets (approximation) | - | €-58k | €-3k | €-40k | €-34k | ▲ 16.8% |
| Change in cash | - | €40k | €-32k | €53k | €39k | ▼ 26.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-93k
Net result drops to €-93k, the lowest in the series.
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 84 days late
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 339 days late
20-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 598 days late
2022
17-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 170 days late
2021
31-12
Financial
Back to profitnet €72k
Net result €72k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 5.49
Current ratio from 1.96 to 5.49; short-term debt falls from €147k to €51k.
31-12
Financial
Equity above €200kEq €227k ▲46.8%
Equity rises from €154k to €227k.
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 108 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 4.64
Current ratio from 1.62 to 4.64; short-term debt falls from €296k to €54k.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
Show earlier events
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
22-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 206 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Tubize · 2 establishment units since 2000
Ground area
8,587 m²
Building footprint
1,618 m²
Volume, LiDAR
15,107 m³
3 parcels, Brussels, Wallonia · tallest building 20.3 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
DEV & DESIGN 400
since 20002.096.384.190
Avenue des Métallurgistes 8, 1490 Court-Saint-Etienne
since 20202.327.189.356
3 parcels
Wallonia
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023A0064/00S003 | Wallonia | 7,396 m² | 1 · 1,025 m² | 13.3 m · 3 fl. |
| 25019B0144/00G000 | Wallonia | 732 m² | 1 · 137 m² | 5.3 m · 1 fl. |
| 21009A0719/00N000 | Brussels | 458 m² | 1 · 457 m² | 20.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 6,498 companies in sector 47716 we hold annual accounts for 2,438. 1,905 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
Founded10-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Contact
E-mail
Design400@hotmail.com
Scores and ratios are computed by Checked and are not a credit decision.