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DEVA

Active Public limited companyfounded 1974active for 52 yearsTrekschurenstraat 253, 3500 HasseltKBO/BCE: BE 0414.307.289 subsidiary of #4 oldest company in Hasselt, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €376,278 (2010)
-€18,899▼ €41,140
lowest -€248,446 (2025)
-€248,446▼ €175,595
peak €591,888 (2018)
€225,863▼ 52.4%
€493,760▲ 31.5%
peak 4.1 FTE (2010)
-not published
Board6 names since 2018
5 directors and 4 others
Owners
99.9%
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €22,241 to -€18,899Loss of €248,446Equity from €474,309 to €225,863Debts from €375,487 to €493,760Cash from €214,393 to €90,392

Key points

from the 2025 annual accounts

Equity

€225,863 from €591,888 in 2018

Equity fell by 62% in 7 years.

Result

-€248,446 ▼ 241%
-€72,9002024-€248,0002025

The result fell in 2025 from -€72,851 to -€248,446.

Debts

€493,760 ▲ 31.5%
Suppliers
+132,607
Other debts
+4,989
The rest
-19,323

Debts rose by €118,273 in 2025.

Liquidity

0.61 was 1.14 in 2024

Short-term debts rose from €375,487 to €493,760.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

Nine of the last ten came late. The 2020 accounts came latest: 328 days after the end of the period.

Position in the sector

-€248,446

Lower net result than 95% of companies in rubber and plastics. Sector median €7,281 · 181 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 308 companies had the same profile as DEVA has now. Each dot is one company, two years later.

89.0%
were still trading
5.2%
stopped another way
4.9%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 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 308 companies, not a prediction for DEVA. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director, since 09-11-2022
Director, since 09-11-2022
Director
Director
  • 99.9%equity €6.3m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0414307289
3 directors reappointed , and (managing director) · “A) Het vertegenwoordigen en het voeren van bestuur en toezicht voeren over alle andere vennootschappen en…” (deed in Dutch) · General meeting of 09-11-2022 · Gazette deed
1 director appointed, 3 reappointments Reappointments: , and · Appointment: (managing director) · General meeting of 30-06-2018 · Gazette deed
First establishment Trekschurenstraat 253, Hasselt
All 62 events

Comparable companies

same main activity, similar in size and age
Company
DEVA Hasselt - - 27.6% -
IMMOV Tielt - - 44.3% 0
L.C. PLASTICS Tubize - - 97.2% -
VLUX Engis €5.6m -1.0% 60.6% 18.8
REHAU Leuven €20.6m 1.4% 2.8% 15.5
WAVIN BELGIUM Temse €24.4m -17.2% -105.7% 42.4
BRIGI HI - TEC Heist-op-den-Berg - - 34.6% -

These companies have the same main activity as DEVA: manufacture of rubber and plastic products (NACE 22210). They are comparable in size and age: total assets between €87,000 and €3.6m, founded between 1968 and 1995.

Official details

Source: KBO
Status
Active since 13-06-1974Normal situation
Activity
Manufacture of rubber and plastic productsNACE 22210
Establishment unit
2.010.120.1123500 Hasselt, since 01-06-1974
Financial year end
31 December
Peppol
Reachable since 04-12-2025
Company details

Annual accounts 2025

€819,623▼ 13.7%
Filing
Filed on 28-08-2026
Financials

Insights on DEVA

DEVA files the micro format. That format states no turnover. The gross margin fell from €163,751 in 2006 to -€18,899 in 2025.

The balance sheet grew most in 2007 through fixed assets.

holds all the shares. In December 2022, the Official Gazette published the appointment of as managing director.

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 DEVA

What is the company number of DEVA?
The company number of DEVA is 0414.307.289. The VAT number is the same number with BE in front: BE 0414.307.289.
Where is DEVA based?
The registered office is at Trekschurenstraat 253, 3500 Hasselt.Company details
What does DEVA do?
According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22210).
What is the legal form of DEVA?
DEVA is a public limited company (NV).
When was DEVA founded?
DEVA was founded on 13-06-1974.
Is DEVA still active?
Yes, DEVA is an active enterprise in the KBO register.
What is the turnover of DEVA?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is DEVA profitable?
In financial year 2025, DEVA made a loss of €248,446.
Where can I find the annual accounts of DEVA?
DEVA filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEVA due?
DEVA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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