Equity
€11,409 ▲ 168%
DEV PROJECTS has made a profit in every financial year since 2023.
DEV PROJECTS
Overview
Lifetime
3 annual accounts with figures on one time axispeak €65,352 (2025)
€65,352▲ 65×
peak €7,156 (2025)
€7,156▲ 14×
peak €11,409 (2025)
€11,409▲ 168%
€18,111▲ 116×
Board3 names since 2023
1 director
Documentsfilings and deeds
29-10-202690 days late
2025micro format
Turnover from €1,000 to €65,352Gross margin from €812 to €9,070Result from €521 to €7,156Registered office moved from Zaventem to Molenbeek-Saint-Jean 16-07Equity from €4,254 to €11,409Debts from €156 to €18,111
Key points
from the 2025 annual accountsTurnover
€65,352 ▲ 65×
Turnover rose in 2025 from €1,000 to €65,352.
Payment terms
151 days from customers
Customers pay 825 days earlier.
Filings
3 annual accounts 90 days
Latest accounts filed late: after the legal deadline.
Starting capital
€3,000 100 shares
Position in the sector
€11,409
Less equity than 82% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as DEV PROJECTS has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,274 companies, not a prediction for DEV PROJECTS. 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 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0800975322
Registered office moved from Zaventem to Molenbeek-Saint-Jean
New registered office: Jean Dubrucqlaan 147, rez, 1080 Sint-Jans-Molenbeek · Previous registered office: Landbouwstraat 72, 1930 Zaventem · Resignation: (director) · General meeting of 05-06-2025 · Gazette deed
Resignation: (manager)
Appointment: (director) · Director discharge: · General meeting of 21-11-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: (comparant) · Appointment: (director) · published on 24-04-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEV PROJECTS Molenbeek-Saint-Jean | €29,520 | €9,070 | 38.6% | - |
| Interieurinrichting Abass Lier | €30,123 | €9,250 | 37.3% | - |
| Deco-ARTconcepts Brakel | €30,172 | €9,207 | -34.9% | - |
| RK Concept Grimbergen | €30,118 | €9,652 | 64.3% | - |
| 4 SEASON Zandhoven | €29,484 | €8,149 | 22.7% | - |
| Projecten Ceulemans Lier | €29,953 | €7,351 | 49.5% | - |
| Woodconcepts-Bruggeman De Haan | €28,199 | €10,804 | -37.7% | - |
These companies have the same main activity as DEV PROJECTS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €28,200 and €30,200, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 20-04-2023Normal situation
- Activity
- Joinery installationNACE 43320and 1 other
- Establishment unit
- 2.344.914.8201080 Molenbeek-Saint-Jean, since 20-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- €65,352▲ 65×
- €7,156▲ 14×
- €11,409▲ 168%
- €29,520▲ 569%
- Filing
- Filed on 29-10-2026
Insights on DEV PROJECTS
The 2025 annual accounts show equity of €11,409 and a net result of €7,156. Equity has been growing by about 75% per year since 2023.
Its solvency ranks better than 41% of 37,177 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-10-2026, 90 days late€65,352
▲ 65×
€9,070
▲ 13×
-
-
38.6%
1.63
Money flows
of every €100 of turnover, €10.95 remains as profit in 2025Balance sheet
balance sheet total €29,520 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
38.6%
Higher than 41% of 37,177 companies in 2025.
1.63
Higher than 44% of 36,472 companies in 2025.
24.2%
Higher than 82% of 36,707 companies in 2025.
DEV PROJECTS
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
29,520 | 4,410 | 6,088 | |
29/58 |
29,520 | 4,410 | 6,088 | |
40/41 |
27,035 | 2,674 | 455 | |
40 |
27,035 | 2,674 | - | |
41 |
- | - | 455 | |
54/58 |
2,485 | 1,736 | 5,633 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
29,520 | 4,410 | 6,088 | |
10/15 |
11,409 | 4,254 | 3,733 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
8,409 | 1,254 | 733 | |
17/49 |
18,111 | 156 | 2,355 | |
42/48 |
18,111 | 156 | 2,355 | |
44 |
11,266 | - | - | |
441 |
11,266 | - | - | |
45 |
2,445 | 156 | 233 | |
450/3 |
1,945 | 156 | 233 | |
454/9 |
500 | - | - | |
47/48 |
4,400 | - | 2,123 | |
| Income statement | ||||
70 |
65,352 | 1,000 | 50,346 | |
9900 |
9,070 | 812 | 1,017 | |
60/61 |
56,282 | 188 | 49,330 | |
640/8 |
- | 100 | 58 | |
9901 |
9,070 | 712 | 959 | |
65/66B |
125 | 61 | 19 | |
65 |
125 | 61 | 19 | |
9903 |
8,945 | 651 | 940 | |
67/77 |
1,789 | 130 | 207 | |
9904 |
7,156 | 521 | 733 | |
9905 |
7,156 | 521 | 733 | |
| Appropriation of the result | ||||
9906 |
8,409 | 1,254 | 733 | |
14P |
1,254 | 733 | - | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00594642.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 750 | -3,898 | - | ||
| 11,409 | 4,254 | 3,733 | ||
| 13.9% | 71.2% | 1.9% | ||
| 38.6% | - | 61.3% | ||
| 1.63 | - | 2.58 | ||
| 1.59 | - | 0.63 | ||
| 62.7% | - | 19.6% | ||
| 24.2% | - | 12.0% | ||
| 151 days | 976 days | 3 days | ||
| 73 days | - | - |
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.
Insights on DEV PROJECTS
The operating result for 2025 is nearly 13 times that of 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 3.5% to 61.4%. Equity and debt are higher.
Board & ownership
Board
1 director, no change since 2025- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “ARTIKEL VIJFTIEN: BEVOEGDHEDEN Elke bestuurder heeft de bevoegdheid om alle handelingen te verrichten die nodig of dienstig zijn tot…”deed of 24-04-2023
Mandates through the years
3 names, the dashed line is todayDirector (not named in the articles)
Director
Director
BoardEarlier
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 16-07-2025, still in office
-
- Director, appointed by deed of 31-12-2024, until 16-07-2025
-
- Director, appointed by deed of 24-04-2023, until 31-12-2024
Control
Founder
This company
DEV PROJECTS
Equity €11,409
Profit €7,156 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €114 in 2025
- Source
- deed of 24-04-2023
Articles of association
deed of 24-04-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 24-04-2023 ↗
- 100 shares (100%)
Network & group
No group
DEV PROJECTS has no parent and no holdings in its annual accounts. is the only director. DEV PROJECTS shares no director with another company.
Timeline
Timeline
11 events since 2023Board
Capital
Filings
Financial
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 90 days late
2025
Highest result from 2023 to 2025 net €7,156 ▲1,274% The operating result of €9,070 and the net result of €7,156 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0800975322
Annual accounts 2024 filed PDFmicro format · 30 days late
Registered office moved from Zaventem to Molenbeek-Saint-JeanNew registered office: Jean Dubrucqlaan 147, rez, 1080 Sint-Jans-Molenbeek · Previous registered office: Landbouwstraat 72, 1930 Zaventem · Resignation: (director) · General meeting of 05-06-20255 points ▸
- General meeting, 05-06-2025
- Registered-office move, Jean Dubrucqlaan 147, rez, 1080 Sint-Jans-Molenbeek
- Director resignation,
- Director discharge,
- Director appointment, (director (not named in the articles))
2024
Weakest financial year net €521 ▼28.9% The net result drops to €521, the lowest from 2023 to 2025. It recovers the following year.
Liquidity more than 10 times current ratio 28.26 The current ratio rises from 2.58 to 28.26. Short-term debt falls from €2,355 to €156.
Resignation: (manager)Appointment: (director) · Director discharge: · General meeting of 21-11-20244 points ▸
- General meeting, 21-11-2024
- Director resignation, (manager)
- Director discharge,
- Director appointment,
- The deed holds 1 more point.
Annual accounts 2023 filed PDFmicro format · 31 days late
2023
IncorporationFounding capital of €3,000, 100 shares · Founder: (comparant) · Appointment: (director) · published on 24-04-20236 points ▸
- Founder, (comparant)
- Founding capital, €3,000, 100 shares
- Capital, €3,000
- Board rule, 1
- Director appointment,
- Registered office clause, Landbouwstraat 72, 1930 Zaventem
- The deed holds 6 more points.
First establishment Jean Dubrucqlaan 147, Molenbeek-Saint-Jean
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
On 20 April 2023, DEV PROJECTS was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Molenbeek-Saint-Jean.3 is director of the company, appointed by deed of 16-07-2025.3 Turnover went from €50,346 in 2023 to €65,352 in 2025.4
Company details
Identity
- Enterprise number
- 0800.975.322
- VAT number
- BE 0800.975.322
- Peppol ID
- 0208:0800975322
- Other Peppol ID
- 9925:BE0800975322
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 20-04-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 18:00deed of 24-04-2023 (in Dutch)
- Peppol
- Reachable since 19-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- DEV PROJECTS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 24-04-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 24-04-2023 (in Dutch)
Activities
NACEBEL 202543320
Joinery installation main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Installatie, onderhoud & andere dienstverlening omtrent verwarmings-, airco- en elektriciteitsinstallaties; De vennootschap kan haar…”deed of 24-04-2023 (in Dutch)
8 activities
- Installatie, onderhoud & andere dienstverlening omtrent verwarmings-, airco- en elektriciteitsinstallaties;
- De vennootschap kan haar geldmiddelen beleggen in roerende of onroerende goederen zonder dat dit evenwel een handelsactiviteit mag uitmaken.
- De vennootschap kan roerende als onroerende goederen aankopen, verkopen, huren, verhuren als ook zakelijke rechten vestigen hieromtrent.
- Zij kan, op welke wijze ook, belangen nemen in alle verenigingen, zaken, ondernemingen of vennootschappen die eenzelfde, gelijkaardig of verwant voorwerp nastreven of die haar onderneming kunnen bevorderen.
- Zij kan elk mandaat als bestuurder, zaakvoerder of vereffenaar of elk ander gelijkaardig mandaat in andere vennootschappen aanvaarden en uitoefenen, ongeacht of dit mandaat al dan niet tegen bezoldiging wordt uitgeoefend.
- De vennootschap kan elke vorm van zekerheid stellen tot waarborg van verbintenissen van verbonden vennootschappen, van geassocieerde vennootschappen, van vennootschappen waarmee er een deelnemingsverhouding bestaat en van derden in het algemeen.
- Zij kan in het algemeen alle industriële en commerciële, financiële en burgerlijke, roerende en onroerende handelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp en de verwezenlijking ervan rechtstreeks of onrechtstreeks, geheel of gedeeltelijk kan vergemakkelijken.
- Zij kan door middel van associatie, inbreng, fusie, financiële tussenkomst of op enige andere wijze een belang nemen in alle vennootschappen, verenigingen of ondernemingen waarvan het voorwerp gelijkaardig is aan of verband houdt met haar eigen voorwerp of die de ontwikkeling van haar onderneming kan bevorderen of voor haar een afzetmogelijkheid kan vormen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Jean Dubrucqlaan 147 REZ registered office 1080 Molenbeek-Saint-Jean | ||
| Jean Dubrucqlaan 147 1080 Molenbeek-Saint-Jean | 20-04-2023 | 2.344.914.820 |
Buildings and parcels at the address
- Ground area
- 230 m²
- Buildings
- 197 m²
- Volume, LiDAR
- 2,559 m³
- Tallest building
- 15.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21012F0365/00L004 | 230 m² | 1 · 197 m² | 15.4 m · 4 |
Invoicing and payment
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. Use the enterprise number 0800.975.322