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Deva

Active
Public limited companyfounded 198244 yrs activeDorpweg 35, 8377 Zuienkerke, BelgiumKBO/BCE: BE 0423.005.320

Deva has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.41M and a net result of €685k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 2039 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
79 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-15
Solvency85▼-15
Growth63▼-4
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 2.44 against 19.44 in 2024; short-term debt: 39.8% and cash: 27.5% of total assets), and 40% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 44 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60%
Return on assets
17.1%
Age of the figures
15 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
2 d late
2024
on the day
2023
58 d late
2022
101 d late
2021
6 d early
2020
2 d early
2019
18 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€7.94M▼ 14.9%
2023 · €9.33M
2019: €7.96M 2020: €8.15M 2021: €9.37M 2022: €10.62M 2023: €9.33M
2019 → 2025
EBIT margin
12.2%▲ 5.7pp
2023 · 6.4%
2019: 4.6% 2020: 6.3% 2021: 6.5% 2022: 5.6% 2023: 6.4%
2019 → 2025
Net result
€685k▲ 7.7%
2024 · €636k
2019: €256k 2020: €359k 2021: €449k 2022: €443k 2023: €437k 2024: €636k
2019 → 2025
Working capital
€2.30M▼ 23.7%
2024 · €3.02M
2019: €706k 2020: €1.11M 2021: €1.49M 2022: €1.74M 2023: €2.41M 2024: €3.02M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€9.37M-€10.62M▲ 13.3%€9.33M▼ 12.1%€7.94M
Equity€1.70M-€2.15M▲ 26.0%€2.58M▲ 20.3%€3.22M▲ 24.6%€2.41M▼ 25.3%
Operating result€607k-€593k▼ 2.3%€597k▲ 0.7%€928k▲ 55.3%€964k▲ 3.9%
Net result€449k-€443k▼ 1.3%€437k▼ 1.3%€636k▲ 45.5%€685k▲ 7.7%
Result per fiscal year
Operating resultNet result
€0€250k€500k€750k€1.00MOperating result 2021: €607k€607kNet result 2021: €449k€449kOperating result 2022: €593k€593kNet result 2022: €443k€443kOperating result 2023: €597k€597kNet result 2023: €437k€437kOperating result 2024: €928k€928kNet result 2024: €636k€636kOperating result 2025: €964k€964kNet result 2025: €685k€685k20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.01M
Fixed assets €109k▼ 47.8%
Current assets €3.90M▲ 22.6%
Equity and liabilities €4.01M
Equity €2.41M▼ 25.3%
Debt €1.61M▲ 835%
The debt ratio rises from 5.1% to 40.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.06M
2024 · €1.02M
Cash flow
€778k
2024 · €731k
Solvency
60.0%
2024 · 94.9%
Current ratio
2.44
2024 · 19.44
Quick ratio
2.44
2024 · 19.44
Debt / equity
0.67
2024 · 0.05
ROE
28.5%
2024 · 19.7%
ROA
17.1%
2024 · 18.7%
Debt
€1.61M
2024 · €172k
Debt ≤ 1 year
€1.60M
2024 · €164k
Income taxes
€236k
2024 · €221k
Staff costs
€1.34M
2024 · €1.39M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€3.39M€4.01M
Fixed assets21/28€209k€109k
Tangible fixed assets22/27€209k€109k
Plant, machinery and equipment23€209k€109k
Current assets29/58€3.18M€3.90M
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€2.86M€1.78M
Trade receivables40€124k€47k
Other amounts receivable41€2.73M€1.73M
Current investments50/53-€1.00M
Other investments51/53-€1.00M
Cash at bank and in hand54/58€325k€1.10M
Deferred charges and accrued income490/1€2k€22k
Equity and liabilities
Total equity and liabilities10/49€3.39M€4.01M
Equity10/15€3.22M€2.41M
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€3.16M€2.34M
Non-distributable reserves130/1€119k€119k=
Legal reserve130€119k€119k=
Distributable reserves133€3.04M€2.22M
Amounts payable17/49€172k€1.61M
Amounts payable within one year42/48€164k€1.60M
Trade debts44€102k€55k
Suppliers440/4€102k€55k
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€60k€41k
Taxes450/3€23k€4k
Remuneration and social security454/9€37k€37k
Other amounts payable47/48€2k€1.50M
Accrued charges and deferred income492/3€8k€8k
Income statement Code20242025
Operating income70/76A-€8.03M
Turnover70-€7.94M
Other operating income74-€89k
Non-recurring operating income76A€0-
Operating charges60/66A-€7.06M
Goods for resale, raw materials and consumables60-€2.01M
Purchases600/8-€2.01M
Services and other goods61-€3.62M
Remuneration, social security and pensions62€1.39M€1.34M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€93k
Other operating charges640/8€9k€9k
Gross operating margin9900€2.42M-
Operating profit (loss)9901€928k€964k
Financial income75/76B€3k€13k
Recurring financial income75€3k€13k
Income from current assets751-€13k
Other financial income752/9-€485
Financial charges65/66B€75k€56k
Recurring financial charges65€75k€56k
Debt charges650-€0
Other financial charges652/9-€56k
Profit (loss) for the period before taxes9903€856k€921k
Income taxes67/77€221k€236k
Taxes670/3-€240k
Tax adjustments and reversals of tax provisions77-€4k
Profit (loss) for the period9904€636k€685k
Profit (loss) for the period to be appropriated9905€636k€685k
Appropriation of the result
Profit (loss) to be appropriated9906€636k€685k
Transfer from equity791/2-€815k
From reserves792-€815k
Transfer to equity691/2€636k€0
To other reserves6921€636k€0
Profit to be distributed694/7-€1.50M
Return on contributions (dividend)694-€1.50M
Social balance
Average headcount (FTE)908719.519.6

The notes to these accounts (31 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
02-02
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 2 days late
2025
30-06
Financial Highest result since 2019net €685k ▲7.7%
Operating result €964k, net result €685k, both a record.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial Liquidity doublescurrent ratio 19.44
Current ratio from 9.62 to 19.44; short-term debt falls from €280k to €164k.
29-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 58 days late
2023
30-06
Financial Liquidity triplescurrent ratio 9.62
Current ratio from 3.41 to 9.62; short-term debt falls from €721k to €280k.
12-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 101 days late
2022
30-06
Financial Equity above €2MEq €2.15M ▲26%
4 profitable years in a row build equity to €2.15M.
25-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial Equity above €1MEq €1.26M ▲40.1%
2 profitable years in a row build equity to €1.26M.
13-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
14-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema
15-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zuienkerke · 1 establishment unit since 1982
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Dorpweg 358377 Zuienkerke
Ground area
783 m²
Building footprint
233 m²
Volume, LiDAR
1,324 m³
Parcel 31018B0287/00B000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Deva
Dorpweg 35, 8377 ZuienkerkeNACE 0112302
since 19822.020.941.451
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31018B0287/00B000 Flanders 783 m² 1 · 233 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 818 EUR awarded · 818 EUR paid
Year Entries awardedpaid
2025 1 30 EUR30 EUR
2024 1 367 EUR367 EUR
2023 1 63 EUR63 EUR
2022 1 358 EUR358 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 818 EUR · 818 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 1,074 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded01-07-1982
Fiscal year end30-06
Activities, NACEBEL
43120Site preparation
45112
01610Support activities for crop production
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.