DEV-MAN
ActiveSummary
DEV-MAN has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,351 and a net result of €1,989. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 84% of 22,576 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- €37,351
- Profit
- €1,989
Why 70raises riskSize: turnover €204,199, total assets €50,117Last filed accounts filed 56 days late; 3 of the last 3 latelowers riskLiquidity: current ratio 3.13, cash €12,985Founded in 2011Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 84% on solvency, 79% on liquidity, 42% on profitability and 62% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 43 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Resignations & appointmentsShareholding · Share transfer
Financials · financial year 2025, micro format
2025 annual accounts filed late (56 days) Filed on 25 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00531279.
2020 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result returns to profit in 2025: €3,793 after a loss of €799 in 2024.
What the company sold each financial 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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 10,905 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 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €484,589 | €177,811 | €204,199 | ▲ 14.8% |
| Non-recurring operating income76A | - | - | - | - | €33 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €454,341 | €176,141 | €197,307 | ▲ 12.0% |
| Remuneration, social security and pensions62 | - | - | - | €15,282 | €10,698 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,200 | €7,554 | €6,577 | €8,001 | €6,479 | €2,334 | €1,798 | ▼ 22.9% |
| Other operating charges640/8 | - | - | - | €3,345 | €1,624 | €1,527 | €1,122 | ▼ 26.5% |
| Non-recurring operating charges66A | - | - | - | - | -€50 | - | €179 | - |
| Gross operating margin9900 | €16,806 | -€8,080 | €36,761 | €39,662 | €30,280 | €3,062 | €6,893 | ▲ 125% |
| Operating profit (loss)9901 | €13,009 | -€17,464 | €27,309 | €13,033 | €11,529 | -€799 | €3,793 | - |
| Financial income75/76B | - | - | - | €2 | €104 | €2,951 | €624 | ▼ 78.9% |
| Recurring financial income75 | - | - | €0 | €2 | €104 | €2,951 | €624 | ▼ 78.9% |
| Financial charges65/66B | - | - | - | €7,605 | €1,510 | €285 | €588 | ▲ 107% |
| Recurring financial charges65 | €128 | €69 | €771 | €2,105 | €1,510 | €285 | €588 | ▲ 107% |
| Non-recurring financial charges66B | - | - | - | €5,500 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €12,881 | -€17,533 | €26,538 | €5,430 | €10,123 | €1,867 | €3,829 | ▲ 105% |
| Income taxes67/77 | - | - | - | - | - | - | €1,840 | - |
| Profit (loss) for the period9904 | €12,881 | -€17,533 | €26,538 | €5,430 | €10,123 | €1,867 | €1,989 | ▲ 6.5% |
| Profit (loss) for the period to be appropriated9905 | €12,881 | -€17,533 | €26,538 | €5,430 | €10,123 | €1,867 | €1,989 | ▲ 6.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €33,610 | €21,124 | €49,638 | €57,922 | €55,878 | €42,991 | €50,117 | ▲ 16.6% |
| Fixed assets21/28 | €10,493 | €12,195 | €8,918 | €8,767 | €12,688 | €7,858 | €10,192 | ▲ 29.7% |
| Tangible fixed assets22/27 | €9,793 | €11,495 | €8,218 | €8,067 | €11,988 | €6,841 | €9,175 | ▲ 34.1% |
| Furniture and vehicles24 | - | - | - | €8,067 | €11,988 | €6,841 | €9,175 | ▲ 34.1% |
| Financial fixed assets28 | €700 | €700 | €700 | €700 | €700 | €1,017 | €1,017 | = |
| Current assets29/58 | €23,117 | €8,929 | €40,719 | €49,155 | €43,190 | €35,133 | €39,925 | ▲ 13.6% |
| Stocks and contracts in progress3 | - | - | €30,745 | €26,106 | €6,627 | - | €18,522 | - |
| Stocks30/36 | - | - | - | €26,106 | €6,627 | - | €18,522 | - |
| Amounts receivable within one year40/41 | €21,617 | €5,590 | €7,780 | €13,018 | €18,541 | €26,661 | €8,418 | ▼ 68.4% |
| Trade receivables40 | - | - | - | €8,456 | €8,882 | €5,596 | - | - |
| Other amounts receivable41 | - | - | - | €4,562 | €9,659 | €21,066 | €8,418 | ▼ 60.0% |
| Cash at bank and in hand54/58 | €1,290 | €3,129 | €2,194 | €10,031 | €18,023 | €8,472 | €12,985 | ▲ 53.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €33,610 | €21,124 | €49,638 | €57,922 | €55,878 | €42,991 | €50,117 | ▲ 16.6% |
| Equity10/15 | -€3,681 | -€13,614 | €12,925 | €18,354 | €28,478 | €35,362 | €37,351 | ▲ 5.6% |
| Contributions10/11 | €11,000 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Contributions outside capital11 | - | - | - | €18,600 | - | - | - | - |
| Other1109/19 | - | - | - | €18,600 | - | - | - | - |
| Profit (loss) carried forward14 | -€14,681 | -€32,214 | -€5,675 | -€246 | €9,878 | €16,762 | €18,751 | ▲ 11.9% |
| Amounts payable17/49 | €37,291 | €34,738 | €36,713 | €39,568 | €27,401 | €7,630 | €12,766 | ▲ 67.3% |
| Amounts payable within one year42/48 | €37,291 | €34,738 | €36,713 | €39,568 | €27,401 | €7,630 | €12,766 | ▲ 67.3% |
| Trade debts44 | €26,825 | €13,642 | €2,491 | €13,954 | €11,675 | - | €4,618 | - |
| Suppliers440/4 | - | - | - | €13,954 | €11,675 | - | €1,183 | - |
| Bills of exchange payable441 | - | - | - | - | - | - | €3,435 | - |
| Taxes, remuneration and social security45 | - | - | - | €3,873 | €6,812 | - | - | - |
| Taxes450/3 | - | - | - | €326 | €6,630 | - | - | - |
| Remuneration and social security454/9 | - | - | - | €3,547 | €183 | - | - | - |
| Other amounts payable47/48 | - | - | - | €21,741 | €8,913 | €7,630 | €8,148 | ▲ 6.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,881 | -€17,533 | €26,538 | €5,430 | €10,123 | €1,867 | €1,989 | ▲ 6.5% |
| + Depreciation and write-downs630 | €3,200 | €7,554 | €6,577 | €8,001 | €6,479 | €2,334 | €1,798 | ▼ 22.9% |
| Operating cash flow (approximation) | €16,081 | -€9,979 | €33,116 | €13,431 | €16,602 | €4,201 | €3,788 | ▼ 9.8% |
| Investment in fixed assets (approximation) | - | -€9,257 | -€3,300 | -€7,850 | -€10,400 | - | -€4,132 | - |
| Change in cash | - | €1,839 | -€935 | €7,837 | €7,992 | - | €4,513 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 25-09-2026 | 2026-00531279 |
| 31-12-2024 | micro format | 09-09-2025 | 2025-00488882 |
| 31-12-2022 | micro format | 19-12-2023 | 2023-00532917 |
| 31-12-2021 | micro format | 08-07-2022 | 2022-20199400 |
| 31-12-2020 | micro format | 29-07-2021 | 2021-42400539 |
| 31-12-2019 | micro format | 29-10-2020 | 2020-64800443 |
| 31-12-2018 | micro format | 29-07-2019 | 2019-40100481 |
| 31-12-2017 | full format | 08-08-2018 | 2018-44300434 |
| 31-12-2016 | full format | 28-07-2017 | 2017-37800428 |
| 31-12-2015 | full format | 02-08-2016 | 2016-39100180 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| KARANIEV Vaydin Habilov |
|
Owners and capital
Capital and shareholders
- KARANIEV Vaydin Habilov 675 shares
- BAHIDA Souâd 75 shares
- FEYZULOV Orhan 45 shares
- KARANIEV Vaydin Habilov to FEYZULOV Orhan 45 shares
- KARANIEV Vaydin Habilov 675 shares
- BAHIDA Souâd 75 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 09-07-2024 Converted to unavailable equity · €18,600
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
29-01
Gazette deed
Resignations & appointmentsShareholding · Share transfer6 facts ▸
- General meeting, 06-01-2025
- Shareholding, 675
- Shareholding, 75
- Share transfer, KARANIEV Vaydin Habilov → FEYZULOV Orhan
- Shareholding, 630
- Shareholding, 45
09-07
Gazette deed
Resignation: KARANIEV Vaydin Habilov (manager)Reappointment: KARANIEV Vaydin Habilov (director) · Shareholding · Power of attorney31 facts ▸
- General meeting, 05-07-2024
- Other provision, “statuts non modifiés à ce jour” (deed in French)
- Other provision, “président/secrétaire/scrutateur, bureau” (deed in French)
- Shareholding, 05-07-2024, 675
- Shareholding, 05-07-2024, 75
- Other provision, 750, “totalité actions émises” (deed in French)
- Power of attorney, Michaelina de Radzitzky
- Other provision, “adapter statuts aux dispositions du Code des sociétés et des associations, ordre du jour point 1” (deed in French)
- Other provision, “supprimer compte de capitaux propres statutairement indisponible et mettre à disposition pour distributions futures, ordre du jour point 2” (deed in French)
- Other provision, “ordre du jour points 3-4, nouveaux statuts en concordance CSA sans modification objet avec traduction en néerlandais” (deed in French)
- Other provision, “ordre du jour point 5, établir et déposer coordination des statuts” (deed in French)
- Other provision, “démission et renouvellement du gérant comme administrateur, ordre du jour point 6” (deed in French)
- +19 further facts in this act
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not 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 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0840.501.139
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21012A0157/00H003 | Brussels | 335 m² | 1 · 334 m² | 19.6 m · 5 |
| 23643G0326/00X000 | Flanders | 106 m² | 1 · 106 m² | 10.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DEV-MAN
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “Rechtsvorm–Naam–Zetel–Voorwerp–Duur, 1” (deed in French)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 2” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen, 1” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s),naar evenredigheid van verworven aantal bij meerdere kopers, geen beroep op rechter tegen weigering” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen, dag van openstelling van intekening” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering, in vormen vereist voor statutenwijziging” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, indien geen andere vereffenaar zou zijn benoemd” (deed in French)