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DEV SOLUTION

Active Private limited companyfounded 2015active for 11 yearsAlbert de Latourstraat 1, 1030 SchaerbeekKBO/BCE: BE 0598.916.206

Lifetime

10 annual accounts with figures on one time axis
peak €247,759 (2025)
€247,759▲ 61.8%
lowest -€15,075 (2021)
€5,811▲ 411%
peak €32,540 (2025)
€32,540▲ 21.7%
€41,015▼ 12.6%
Board1 name since 2018
- 
Documentsfilings and deeds
01-07-20261 day late
2025micro format
Turnover from €153,139 to €247,759Gross margin from €4,018 to €21,712Result from €1,137 to €5,811Equity from €26,729 to €32,540Cash from €12,388 to €19,048

Key points

from the 2025 annual accounts

Turnover

€247,759 ▲ 61.8%
€153,0002024€248,0002025

Turnover rose in 2025 from €153,139 to €247,759.

Payment terms

31 days to suppliers
Suppliers
56 to 31
Customers
24 to 22

DEV SOLUTION pays its suppliers 25 days earlier than in 2024. Customers pay 2 days earlier.

Filings

10 annual accounts 2 late
deadline20202025

The 2024 accounts came latest: 1 day after the end of the period.

Checked score

83
Excellent
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.5%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 0.6%▼ -0.2 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.6%▼ -0.1 percentage points vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 1.1%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 0.5%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026

Financial strength
Strong

69+8equity 44.2% of total assets
60+10short-term debt 45.6% · cash 25.9%
70+13return on assets 7.9%

Score breakdown

raises risk
Size: turnover €247,759, total assets €73,555
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.07, cash €19,048
Equity €32,540 (44.2% 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 43, micro). It does better than 48% of them on solvency, 58% on liquidity, 38% on profitability and 79% on growth.

The bankruptcy probability was computed on 09-11-2026 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 30-11-2025.

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, 34,693 companies had the same profile as DEV SOLUTION has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of DEV SOLUTION itself: 0.5% within 12 months.

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 34,693 companies, not a prediction for DEV SOLUTION. 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 €2,500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.07 (0.82 in 2024), below the usual 1.5. Short-term debt is 45.6% and cash 25.9% of total assets. 55.8% 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 risk
raises risk · Size: turnover €247,759, total assets €73,555
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.07, cash €19,048
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €32,540 (44.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 1 day late
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 01-07-2026, 1 day later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
1 day late
2024
1 day late
2023
2 days early
2022
1 day early
2021
3 days early
2020
7 days early
2019
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today30-11-2026 year end30-06-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
BA
Director, until 2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0598916206
Legal-form change · Resignations & appointments Legal-form conversion: from private limited company (pre-2019) to private limited company · Board composition: GALEATA Constantin (director) · Gazette deed
Resignation: Bobenche Anísoara (technical director) General meeting of 05-03-2018 · Gazette deed
Resignation: BOBENCHE Anisoara (technical director) BOGOS Gheorghe holds 10 shares · GALEATA Constantin holds 176 shares · BOBENCHE Anisoara is a shareholder · General meeting of 05-03-2017 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
DEV SOLUTION Schaerbeek €73,555 €21,712 44.2% -
SAK CONSTRUCT Brussels €66,277 €17,488 33.9% -
DARIUSZ Ganshoren €87,477 €20,640 47.1% -
KASO CONSTRUCT Ixelles €70,452 €20,902 59.7% -
ASZ BOCHNAK Molenbeek-Saint-Jean €90,874 €23,843 66.3% -
BO CONSTRUCT Jette €60,532 €23,698 78.1% -
PiWi Zwevegem €81,956 €20,775 61.4% -

These companies have the same main activity as DEV SOLUTION: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €60,500 and €90,900, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 24-02-2015Normal situation
Activity
Other specialised construction activitiesNACE 43990and 4 others
Establishment unit
2.239.655.3681030 Schaerbeek, since 24-02-2015
Financial year end
30 November
Peppol
Reachable since 16-12-2025
Company details

Annual accounts to 30-11-2025

€73,555▼ 0.2%
Filing
Filed on 01-07-2026
Financials

Insights on DEV SOLUTION

DEV SOLUTION has existed since 2015. Turnover grew from €129,044 in 2016 to €247,759 in 2025.

Solvency rose in 2025 from 36.3% to 44.2% because of the retained profit and lower debts.

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 SOLUTION

What is the company number of DEV SOLUTION?
The company number of DEV SOLUTION is 0598.916.206. The VAT number is the same number with BE in front: BE 0598.916.206.
Where is DEV SOLUTION based?
The registered office is at Albert de Latourstraat 1, 1030 Schaerbeek.Company details
What does DEV SOLUTION do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of DEV SOLUTION?
DEV SOLUTION is a private limited company (BV).
When was DEV SOLUTION founded?
DEV SOLUTION was founded on 24-02-2015.
Is DEV SOLUTION still active?
Yes, DEV SOLUTION is an active enterprise in the KBO register.
What is the turnover of DEV SOLUTION?
The turnover of DEV SOLUTION was €247,759 in financial year 2025, according to the filed annual accounts.Financials
Is DEV SOLUTION profitable?
In financial year 2025, DEV SOLUTION made a profit of €5,811.
Where can I find the annual accounts of DEV SOLUTION?
DEV SOLUTION filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEV SOLUTION due?
DEV SOLUTION must file the annual accounts for financial year 2026 by 30-06-2027.Timeline

Next steps

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