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DEV LABS

Active Private limited companyfounded 2020active for 6 yearsSteenweg op Waver 702, 1040 EtterbeekKBO/BCE: BE 0750.717.246

Lifetime

5 annual accounts with figures on one time axis
peak €84,654 (2021)
€8,548▼ 67.2%
peak €60,121 (2021)
€2,684▼ 84.6%
peak €64,121 (2021)
€64,121unchanged
€20,064▼ 36.4%
Board1 name since 2020
1 directorCyrilLORQUET
Documentsfilings and deeds
21-05-202671 days before the deadline
2025micro format
Gross margin from €26,041 to €8,548Result from €17,393 to €2,684Registered office moved from Barchon to Etterbeek 05-03Dividend €2,684Debts from €31,536 to €20,064

Key points

from the 2025 annual accounts

Equity

€64,121 =
64,1212024+2,684Profit-2,684Dividend64,1212025

DEV LABS paid out €2,684 in dividends. That is 100% of the 2025 profit.

Turnover

≈ €40,000 estimated

The micro format states no turnover.

Liquidity

4.26 was 2.87 in 2024

Short-term debts fell from €31,536 to €19,464.

Checked score

95
Excellent
Financially stronger than 62% of micro companies in head offices and management consultancy (NACE 70)
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 48,570 companies (NACE 70, 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 12-2024lowest value 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%▲ +0.1 percentage points vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 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%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points 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 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

100+8equity 76.2% of total assets
92+6short-term debt 23.1% · cash 56.2%
73-18return on assets 3.2%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 4.26, cash €47,270
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €64,121 (76.2% of total assets)
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 70, micro). It does better than 86% of them on solvency, 85% on liquidity, 37% on profitability and 40% on growth.

The bankruptcy probability was computed on 08-11-2026 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, 5,047 companies had the same profile as DEV LABS has now. Each dot stands for 13 companies, two years later.

94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

The bankruptcy probability of DEV LABS itself is lower: 0.1% within 12 months. It rests on far more data about DEV LABS 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 5,047 companies, not a prediction for DEV LABS. 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 €6,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.26 (2.87 in 2024), above the usual 1.5. Short-term debt is 23.1% and cash 56.2% of total assets. 23.8% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.26, cash €47,270
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Equity €64,121 (76.2% of total assets)
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 21-05-2026, 71 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
71 days early
2024
27 days early
2023
1 day late
2022
108 days early
2021
116 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 64 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 21 May (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

C
Director
  • LORQUET,Cyril Augustin Julien Ghislain 100 sharesdeed of 17-07-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0750717246
Registered office moved from Barchon to Etterbeek New registered office: Chaussée de Wavre, 702. bofte 06 à 1040 ETTERBEEK · Previous registered office: Rue de Heuseux, 80 à 4671 BARCHON · General meeting of 28-07-2023 · Gazette deed
Registered-office move General meeting of 11-03-2022 · Gazette deed
Incorporation Founding capital of €4,000, 100 shares · Founder: LORQUET, Cyril Augustin Julien Ghislain · Appointment: CyrilLORQUET (director) · published on 17-07-2020 · Gazette deed
All 12 events

Comparable companies

same main activity, similar in size and age
Company
DEV LABS Etterbeek €84,186 €8,548 76.2% -
Transition Move Schaerbeek €80,949 €7,734 97.0% -
VERSAYE SRL Auderghem €90,979 €8,753 39.0% -
PRO@VICE Lede €88,830 €8,899 90.3% -
JULIE WUYTS Wijnegem €81,765 €9,029 81.1% -
CRESCO CLINICAL Burdinne €93,432 €8,563 81.0% -
BELGIAN INVESTOR Walcourt €78,123 €8,787 53.3% -

These companies have the same main activity as DEV LABS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €78,100 and €93,400, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 15-07-2020Normal situation
Activity
Business and other management consultancyNACE 70200and 5 others
Establishment unit
2.306.151.5411040 Etterbeek, since 15-07-2020
Financial year end
31 December
Peppol
Reachable since 18-09-2025
Company details

Annual accounts 2025

€84,186▼ 12.0%
Filing
Filed on 21-05-2026, 71 days before the end of the filing period
Financials

Insights on DEV LABS

DEV LABS files the micro format. That format states no turnover. The gross margin fell from €84,654 in 2021 to €8,548 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 DEV LABS

What is the company number of DEV LABS?
The company number of DEV LABS is 0750.717.246. The VAT number is the same number with BE in front: BE 0750.717.246.
Where is DEV LABS based?
The registered office is at Steenweg op Waver 702, 1040 Etterbeek.Company details
What does DEV LABS do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of DEV LABS?
DEV LABS is a private limited company (BV).
When was DEV LABS founded?
DEV LABS was founded on 15-07-2020.
Is DEV LABS still active?
Yes, DEV LABS is an active enterprise in the KBO register.
What is the turnover of DEV LABS?
The turnover in financial year 2025 is ≈ €40,000. This figure is estimated from the gross margin of €8,548 and 205 comparable companies (NACE 70200). It probably lies between €19,000 and €79,000. It is a rough estimate.Financials
Is DEV LABS profitable?
In financial year 2025, DEV LABS made a profit of €2,684.
Where can I find the annual accounts of DEV LABS?
DEV LABS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEV LABS due?
DEV LABS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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