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DEV LABS

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

Overview

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

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

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

€8,548▼ 67.2%
€2,684▼ 84.6%
€64,121=
€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.

Financials

Annual accounts 2025

micro format, filed on 21-05-2026, 71 days before the deadline
€8,548
▼ 67.2%
€4,064
▼ 81.8%
€2,684
▼ 84.6%
€63,492
▲ 7.7%
76.2%
▲ 9.1 percentage points
4.26
▲ 1.39

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €40,000. Estimated: probably between €19,000 and €79,000.

Balance sheet

balance sheet total €84,186 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

76.2%

Higher than 73% of 39,360 companies in 2025.

4.26

Higher than 74% of 38,044 companies in 2025.

3.2%

Higher than 27% of 38,516 companies in 2025.

DEV LABS Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 84,18695,65776,668108,795102,559
21/28 1,2305,1888,0173,7143,313
22/27 1,2305,1888,0173,7143,313
24 1,2305,1888,0173,7143,313
29/58 82,95690,47068,651105,08199,246
29 ---012,000
291 ---012,000
40/41 28,17525,08419,73013,68012,537
40 26,25723,50418,15012,10012,100
41 1,9181,5801,5801,580437
54/58 47,27064,88848,44691,40174,704
490/1 7,51149847505
Balance sheet: equity and liabilities
10/49 84,18695,65776,668108,795102,559
10/15 64,12164,12164,12164,12164,121
10/11 4,0004,0004,0004,0004,000
13 60,12160,12160,12160,12160,121
133 60,12160,12160,12160,12160,121
14 0000-
17/49 20,06431,53612,54744,67438,437
42/48 19,46431,53612,54744,67438,437
44 3,8381,2914171,266112
440/4 3,8381,2914171,266112
45 12,94212,46510,59611,01837,700
450/3 12,94212,4658,29611,01835,700
454/9 -02,30002,000
47/48 2,68417,7791,53432,389625
492/3 600----
Income statement
9900 8,54826,0415,77340,61984,654
630 2,0553,6723,4022,1831,693
640/8 526----
66A 1,903----
9901 4,06422,3692,37138,43682,960
75/76B -00445
75 -00445
65/66B 3006711973133
65 3006711973133
9903 3,76422,3022,25338,40782,832
67/77 1,0804,9097467,92022,711
9904 2,68417,3931,50730,48760,121
9905 2,68417,3931,50730,48760,121
Appropriation of the result
9906 2,68417,3931,50730,48760,121
691/2 ---060,121
6921 ---060,121
694/7 2,68417,3931,50730,487-
694 2,68417,3931,50730,487-
Document PDFPDFPDFPDFPDF

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 21-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 21-05-2026 2026-00116340 PDF
31-12-2024 micro format 04-07-2025 2025-00229531 PDF
31-12-2023 micro format 01-08-2024 2024-00317866 PDF
31-12-2022 micro format 14-04-2023 2023-00058985 PDF
31-12-2021 micro format 06-04-2022 2022-20000739 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
6,12026,0415,77340,61984,654
4,74021,0654,90932,67061,815
08437,7052,5845,006
-17,61816,441-42,95416,697-
63,49258,93456,10560,40760,809
76.2%67.0%83.6%58.9%62.5%
4.262.875.472.352.58
0.310.490.200.700.60
4.2%27.1%2.3%47.5%93.8%
3.2%18.2%2.0%28.0%58.6%
20.40over 10048.71over 100over 100

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€843€7,705€2,584€5,006
Financial fixed assets€0----
€2,055€3,672€3,402€2,183€1,693

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DEV LABS

The operating result for 2025 is 82% lower than in 2024.

Debt's share of the balance-sheet total falls from 33.0% to 23.8%. Debt is lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 17-07-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 21-05-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 17-07-2020

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
CyrilLORQUET
Director (not named in the articles)
Board
Mandates as a list
  • CyrilLORQUET
    • Director (not named in the articles), from 15-07-2020 to date

See the board, name and registered office on a given date →

Control

Founder
LORQUET,Cyril Augustin Julien Ghislain
This company
DEV LABS
Equity €64,121
Profit €2,684 in 2025

Capital

Contribution
€4,000
Shares
100
Contribution per share
€40
Equity per share
€641 in 2025
Source
deed of 17-07-2020

Articles of association

deed of 17-07-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Frais de procédure et d’expertise pour moitié cédant et moitié acquéreurs,proportionnellement si plusieurs, tous cas de cessions entre…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Titre V. Assemblée générale Article 15. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le…”

Shareholders

At incorporation deed of 17-07-2020 ↗
  • LORQUET,Cyril Augustin Julien Ghislain 100 shares (100%) · €4,000 in cash

Network & group

No group

DEV LABS has no parent and no holdings in its annual accounts. CyrilLORQUET is the only director. DEV LABS shares no director with another company.

At the same address

Steenweg op Waver 702, 1040 Etterbeek · 4 other companies
FINPAY CONSULTING
registered office since 20-12-2023 · founded in 2023
total assets €151,125 (2025)
1003.649.892
Fajri, Mohammed (sole trader)
establishment since 01-10-2025
founded in 2025
1028.453.188
Firoz, Riaz (sole trader)
establishment since 14-03-2022
founded in 2022
0783.463.753
Firoz, Nadir (sole trader)
establishment since 22-04-2020
founded in 2020
0746.737.078

Timeline

Timeline

12 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 71 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0750717246
Annual accounts 2024 filed PDFmicro format · 27 days before the deadline
Registered office moved from Barchon to EtterbeekNew registered office: Chaussée de Wavre, 702. bofte 06 à 1040 ETTERBEEK · Previous registered office: Rue de Heuseux, 80 à 4671 BARCHON · General meeting of 28-07-20232 points ▸
  • General meeting, 28-07-2023
  • Registered-office move, Chaussée de Wavre, 702. bofte 06 à 1040 ETTERBEEK

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2023 filed PDFmicro format · 1 day late
2023
Weakest financial year net €1,507 ▼95.1% The net result drops to €1,507, the lowest from 2021 to 2025. It recovers the following year.
Liquidity more than doubled current ratio 5.47 The current ratio rises from 2.35 to 5.47. Short-term debt falls from €44,674 to €12,547.
Annual accounts 2022 filed PDFmicro format · 108 days before the deadline
2022
Registered-office moveGeneral meeting of 11-03-20222 points ▸
  • General meeting, 11-03-2022
  • Registered-office move, RuedeHeuseux80à4871BARCHON

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 116 days before the deadline
2020
IncorporationFounding capital of €4,000, 100 shares · Founder: LORQUET, Cyril Augustin Julien Ghislain · Appointment: CyrilLORQUET (director) · published on 17-07-20206 points ▸
  • Founder, LORQUET, Cyril Augustin Julien Ghislain
  • Founding capital, €4,000, 100 shares
  • 100 shares
  • Registered office clause, 4877Olne, Herdavoie39
  • Director appointment, CyrilLORQUET (director (not named in the articles))
  • Board rule, 1
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

First establishment Steenweg op Waver 702, Etterbeek

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

DEV LABS was incorporated on 15 July 2020 as a private limited company by one natural person, with a starting capital of €4,000.12 The registered office was moved to Etterbeek in 2025.3 CyrilLORQUET is director of the company, appointed by deed of 17-07-2020.2 Total assets fell from €102,559 in 2021 to €84,186 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-07-2020
  3. 3Belgian Official Gazette, 05-03-2025
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0750.717.246
VAT number
BE 0750.717.246
Peppol ID
0208:0750717246
Other Peppol ID
9925:BE0750717246
Legal form
Private limited company
Status
Active, normal situation
Founded
15-07-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Titre V. Assemblée générale Article 15. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le…”
deed of 17-07-2020 (in French)
Peppol
Reachable since 18-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DEV LABS in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-07-2020 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
70220 Business consulting main activity
62010 Computer programming, consultancy and related activities
62020 IT consultancy
62090 Computer programming, consultancy and related activities
63110 Computing infrastructure, data processing, hosting and other information service activities
63120 Computing infrastructure, data processing, hosting and other information service activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’exploitation d’un bureau de conseils ou de management,de même que toutes opérations de négoce et toutes prestations effectuées ou fournies…”
4 activities
  1. L’exploitation d’un bureau de conseils ou de management,de même que toutes opérations de négoce et toutes prestations effectuées ou fournies dans le cadre des activités énumérées ciavant.
  2. Les activités de gestion,d’organisation,de direction,les services de consultance (financière,immobilière,commerciale,administrative,juridique,opérationnelle,…),la gestion mobilière ou immobilière,les opérations d’achats et de ventes mobilières ou immobilières,l’octroi de garantie,la gestion de portefeuille,la prise de participation dans toutes entreprises,la participation à la création d’entreprises.
  3. Les activités d’enseignement,de formation interne ou externe,l’organisation de séminaires,de stages pour particuliers ou entreprises,avec ou sans activités sportives,culturelles ou musicales.
  4. Toutes activités de services informatiques,y compris le développement de logiciel,le conseil,l’assistance,la production d’équipement,la vente d'équipement et l’hébergement de sites Web et de services.
deed of 17-07-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Steenweg op Waver 702 registered office 1040 Etterbeek 62100 Computer programming 15-07-2020 2.306.151.541
2 former offices
  • Rue de Heuseux, 80, 4671 Barchon until the deed of 05-03-2025
  • 4877 Olne until 11-03-2022 · deed of 11-04-2022

Buildings and parcels at the address

Ground area
274 m²
Buildings
255 m²
Volume, LiDAR
3,129 m³
Tallest building
17.6 m
Buildings to scale, each on its own parcel
255 m², 17.6 m 255 m², 17.6 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21362B0032/00E000274 m² 1 · 255 m² 17.6 m · 5