DEV SOLUTION
Annual accounts 2025
micro format, filed on 01-07-2026, 1 day late€247,759
▲ 61.8%
€10,769
▲ 362%
€20,615
▲ 470%
€15,657
▲ 545%
44.2%
▲ 8.0 percentage points
1.07
▲ 0.26
Money flows
of every €100 of turnover, €2.35 remains as profit in 2025Balance sheet
balance sheet total €73,555 on 30-11-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
44.2%
Higher than 47% of 35,136 companies in 2025.
1.07
Higher than 24% of 34,510 companies in 2025.
7.9%
Higher than 52% of 34,711 companies in 2025.
DEV SOLUTION
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
73,555 | 73,679 | 39,530 | 48,519 | 47,303 | 74,899 | 81,269 | 39,964 | 30,841 | 37,643 | |
21/28 |
37,580 | 47,425 | 2,047 | 11,469 | 22,937 | 34,406 | 51,574 | 11,399 | 16,096 | 23,953 | |
22/27 |
37,580 | 47,425 | 2,047 | 11,469 | 22,937 | 34,406 | 51,574 | 11,399 | 16,096 | 23,953 | |
23 |
1,023 | 1,535 | 2,047 | - | - | - | - | - | - | - | |
24 |
36,557 | 45,890 | - | 11,469 | 22,937 | 34,406 | 51,574 | 11,399 | 16,096 | 23,953 | |
29/58 |
35,975 | 26,254 | 37,483 | 37,051 | 24,366 | 40,493 | 29,696 | 28,565 | 14,746 | 13,689 | |
40/41 |
14,993 | 12,772 | 27,052 | 20,366 | 11,506 | 4,529 | 8,030 | 8,657 | 6,000 | 5,396 | |
40 |
14,619 | 10,227 | 23,094 | 14,960 | 8,081 | 4,223 | 7,683 | 8,657 | 3,550 | 4,571 | |
41 |
374 | 2,545 | 3,958 | 5,406 | 3,424 | 305 | 347 | - | 2,450 | 825 | |
54/58 |
19,048 | 12,388 | 8,790 | 15,657 | 11,860 | 34,846 | 15,171 | 19,908 | 8,745 | 8,293 | |
490/1 |
1,934 | 1,094 | 1,641 | 1,028 | 1,000 | 1,119 | 6,495 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
73,555 | 73,679 | 39,530 | 48,519 | 47,303 | 74,899 | 81,269 | 39,964 | 30,841 | 37,643 | |
10/15 |
32,540 | 26,729 | 25,591 | 18,237 | 12,329 | 27,404 | 20,462 | 19,752 | 14,827 | 13,666 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 14,200 | 13,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 4,400 | 5,400 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | |
1109/19 |
- | - | - | - | - | 18,600 | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,152 | 627 | 466 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,152 | 627 | 466 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
14 |
12,080 | 6,269 | 5,131 | -2,223 | -8,131 | 6,944 | 2 | - | - | - | |
17/49 |
41,015 | 46,951 | 13,939 | 30,283 | 34,974 | 47,495 | 60,807 | 20,212 | 16,014 | 23,976 | |
17 |
7,449 | 14,750 | - | 8,279 | 18,779 | 29,658 | 42,291 | 6,155 | 10,477 | 14,799 | |
170/4 |
7,449 | 14,750 | - | 8,279 | 18,779 | 29,658 | 42,291 | 6,155 | 10,477 | 14,799 | |
42/48 |
33,565 | 32,200 | 13,939 | 22,004 | 16,194 | 17,836 | 18,516 | 14,057 | 5,537 | 9,177 | |
42 |
8,250 | 8,250 | 7,808 | 10,877 | 10,879 | 12,633 | 15,042 | 4,322 | 4,322 | 4,322 | |
44 |
19,401 | 22,938 | 6,130 | 11,126 | 5,129 | 3,160 | 3,474 | 8,902 | 541 | 4,081 | |
440/4 |
13,291 | 8,045 | 535 | 7,423 | 492 | 2,995 | 353 | 383 | 211 | - | |
441 |
6,110 | 14,892 | 5,595 | 3,703 | 4,637 | 165 | 3,121 | 8,519 | 330 | 4,081 | |
45 |
3,707 | 1,013 | - | - | 186 | 2,043 | - | 833 | 675 | 775 | |
450/3 |
3,707 | 1,013 | - | - | 186 | 2,043 | - | 333 | 675 | 775 | |
454/9 |
- | - | - | - | - | - | - | 500 | - | - | |
47/48 |
2,207 | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||
70 |
247,759 | 153,139 | 86,596 | 100,103 | 75,569 | 151,959 | 97,203 | 94,696 | 93,096 | 129,044 | |
9900 |
21,712 | 4,018 | 20,128 | 18,002 | -1,784 | 27,680 | 19,173 | 6,762 | 9,620 | 12,429 | |
60/61 |
226,048 | 149,121 | 66,468 | 82,102 | 77,352 | 124,279 | 78,030 | 87,934 | 83,475 | 116,615 | |
630 |
9,845 | 1,290 | 11,980 | 11,469 | 11,469 | 17,168 | 17,168 | 5,699 | 7,857 | 7,857 | |
640/8 |
1,097 | 400 | 468 | 452 | 415 | 424 | 434 | 467 | 837 | 2,179 | |
9901 |
10,769 | 2,329 | 7,679 | 6,081 | -13,667 | 10,088 | 1,572 | 595 | 926 | 2,393 | |
75/76B |
6,867 | - | - | - | - | 0 | - | 2,434 | - | - | |
75 |
- | - | - | - | - | 0 | - | - | - | - | |
76B |
6,867 | - | - | - | - | - | - | 2,434 | - | - | |
65/66B |
8,119 | 365 | 324 | 173 | 1,408 | 426 | 213 | 2,505 | 91 | 1,152 | |
65 |
1,056 | 365 | 324 | 173 | 1,408 | 426 | 213 | 71 | 91 | 1,152 | |
66B |
7,063 | - | - | - | - | - | - | 2,434 | - | - | |
9903 |
9,518 | 1,964 | 7,355 | 5,908 | -15,075 | 9,662 | 1,359 | 525 | 835 | 1,241 | |
67/77 |
3,707 | 826 | - | - | - | 2,719 | 649 | 0 | 675 | 775 | |
9904 |
5,811 | 1,137 | 7,355 | 5,908 | -15,075 | 6,942 | 710 | 525 | 160 | 466 | |
9905 |
5,811 | 1,137 | 7,355 | 5,908 | -15,075 | 6,942 | 710 | 525 | 160 | 466 | |
| Appropriation of the result | |||||||||||
9906 |
12,080 | 6,269 | 5,131 | -2,223 | -8,131 | 6,944 | 710 | 525 | 160 | 466 | |
14P |
6,269 | 5,131 | -2,223 | -8,131 | 6,944 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 708 | 525 | 160 | 466 | |
6920 |
- | - | - | - | - | - | 708 | 525 | 160 | 466 | |
| Document | |||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 1 day after the deadline. Filed on 1 July 2026, deadline 30 June 2026 (7 months after the close on 30 November 2025, Companies Code art. 3:10). Source: NBB, 2026-00249569.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-11-2025 | micro format | 01-07-2026 | 2026-00249569 | |
| 30-11-2024 | micro format | 01-07-2025 | 2025-00220127 | |
| 30-11-2023 | micro format | 28-06-2024 | 2024-00196501 | |
| 30-11-2022 | micro format | 29-06-2023 | 2023-00192688 | |
| 30-11-2021 | micro format | 27-06-2022 | 2022-20109161 | |
| 30-11-2020 | micro format | 23-06-2021 | 2021-26000172 | |
| 30-11-2019 | micro format | 17-06-2020 | 2020-17600157 | |
| 30-11-2018 | micro format | 06-06-2019 | 2019-16600378 | |
| 30-11-2017 | micro format | 12-06-2018 | 2018-18100382 | |
| 30-11-2016 | full format | 16-06-2017 | 2017-19000202 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 20,615 | 3,618 | 19,659 | 17,549 | -2,199 | 27,256 | 18,740 | 6,295 | 8,784 | 10,251 | ||
| 15,657 | 2,427 | 19,335 | 17,376 | -3,607 | 24,111 | 17,878 | 6,224 | 8,018 | 8,324 | ||
| 0 | 46,668 | 2,559 | 0 | 0 | 0 | 57,343 | 1,003 | 0 | 31,811 | ||
| 6,660 | 3,598 | -6,867 | 3,798 | -22,986 | 19,675 | -4,738 | 11,163 | 452 | - | ||
| 2,409 | -5,946 | 23,544 | 15,047 | 8,171 | 22,657 | 11,180 | 14,508 | 9,208 | 4,512 | ||
| 4.3% | 1.5% | 8.9% | 6.1% | -18.1% | 6.6% | 1.6% | 0.6% | 1.0% | 1.9% | ||
| 44.2% | 36.3% | 64.7% | 37.6% | 26.1% | 36.6% | 25.2% | 49.4% | 48.1% | 36.3% | ||
| 1.07 | 0.82 | 2.69 | 1.68 | 1.50 | 2.27 | 1.60 | 2.03 | 2.66 | 1.49 | ||
| 1.26 | 1.76 | 0.54 | 1.66 | 2.84 | 1.73 | 2.97 | 1.02 | 1.08 | 1.75 | ||
| 17.9% | 4.3% | 28.7% | 32.4% | -122.3% | 25.3% | 3.5% | 2.7% | 1.1% | 3.4% | ||
| 7.9% | 1.5% | 18.6% | 12.2% | -31.9% | 9.3% | 0.9% | 1.3% | 0.5% | 1.2% | ||
| 19.53 | 9.91 | 60.60 | over 100 | -1.56 | - | - | - | - | - | ||
| 22 days | 24 days | 97 days | 55 days | 39 days | 10 days | 29 days | 33 days | 14 days | 13 days | ||
| 31 days | 56 days | 34 days | 49 days | 24 days | 9 days | 16 days | 37 days | 2 days | 13 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.
Investments
fixed assets acquired| Item | 30-11-2025 | 30-11-2024 | 30-11-2023 | 30-11-2022 | 30-11-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €46,668 | €2,559 | - | - |
| €9,845 | €1,290 | €11,980 | €11,469 | €11,469 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DEV SOLUTION
The operating result for 2025 is over 4.6 times that of 2024 and the highest since 2016. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 63.7% to 55.8%. Equity is higher and debt is lower.