Turnover
Turnover rose in 2025 from €153,139 to €247,759.
Turnover rose in 2025 from €153,139 to €247,759.
DEV SOLUTION pays its suppliers 25 days earlier than in 2024. Customers pay 2 days earlier.
The 2024 accounts came latest: 1 day after the end of the period.
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 10-11-2026 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).
In July 2024, 34,693 companies had the same profile as DEV SOLUTION has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of DEV SOLUTION itself: 0.4% within 12 months.
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.
| 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.
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.
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.
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.
| 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.
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.
Higher than 47% of 35,136 companies in 2025.
Higher than 24% of 34,510 companies in 2025.
Higher than 52% of 34,711 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
| 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.
2025 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 |
| 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.
| 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)
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.
DEV SOLUTION has no parent and no holdings in its annual accounts.
| PINZARIIO
establishment since 01-04-2025 · founded in 2025 |
total assets €35,237 (2025) 1021.692.090 |
| D&Y CONSTRUCT
establishment since 19-09-2025 |
founded in 2025 1027.888.313 |
| Pinzari, Ion (sole trader)
establishment since 02-09-2024 |
founded in 2024 1013.171.136 |
| Enache, Elena-Marinela (sole trader)
establishment since 28-02-2021 |
founded in 2021 0765.580.715 |
| Hasmasan, Emanuel (sole trader)
establishment since 01-11-2019 |
founded in 2019 0737.437.352 |
See the function holders in the KBO register.
Deadline for the 2026 accounts: 30-06-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Albert de Latourstraat 1 registered office 1030 Schaerbeek 41001 General construction of residential buildings | 24-02-2015 | 2.239.655.368 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21906D0085/00R002 | 62 m² | 1 · 62 m² | 17.8 m · 5 |
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 0598.916.206
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