Equity
€5.0m ▼ 3.9%
DEVA - FYTO paid out €2.3m in dividends. That is 99% of the 2025 profit.
DEVA - FYTO
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €16.5m (2025)
€16.5m▲ 5.2%
peak €2.3m (2025)
€2.3m▲ 0.9%
peak €5.3m (2023)
€5.0m▼ 3.9%
€3.4m▲ 462%
peak 14.6 FTE (2025)
14.6 FTE▲ 29.2%
Board7 names since 2020
1 directorBV MANU PROJECTS
Owners2 names in the annual accounts
100%Manu Projects
Documentsfilings and deeds
10-08-202610 days late
2025financial year
Staff from 11.3 FTE to 14.6 FTENew director 08-01Dividend €2.3mDebts from €599,999 to €3.4mInvestments €393,258
Key points
from the 2025 annual accountsDebts
€3.4m ▲ 462%
Debts rose by €2.8m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Staff
14 employees on 31-12-2025
In 2025, 6 people joined and 4 left.
Liquidity
5.33 was 9.19 in 2024
Short-term debts rose from €598,231 to €1.5m.
Filings
35 annual accounts since 1991
Three of the last ten came late. The 2018 accounts came latest: 29 days after the end of the period.
Position in the sector
€2.3m
Higher net result than 90% of companies in wholesale trade. Sector median €110,264 · 6,126 companies.
Checked score
97
Excellent
Financially stronger than 73% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Founded in 1991
Liquidity: current ratio 5.33, cash €1.2m
Equity €5.0m (59.9% of total assets)
Profit of €2.3m (financial year 2025)
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 46, small). It does better than 69% of them on solvency, 82% on liquidity, 97% on profitability and 45% 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 31-12-2025.
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, 20,137 companies had the same profile as DEVA - FYTO has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of DEVA - FYTO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 20,137 companies, not a prediction for DEVA - FYTO. 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 €480,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.33 (9.19 in 2024), above the usual 1.5. Short-term debt is 17.4% and cash 14.3% of total assets. 40.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days 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 filingsDeviation from the deadline
2025
10 days late
2024
14 days late
2023
69 days early
2022
18 days early
2021
52 days early
2020
80 days early
2019
22 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 31 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Manu Projects 100%equity €3.2m (2025) · annual accounts 2025
Shares in 1 company, PHYTOSYSTEM
Board & ownershipRecent changes
Appointment: MOORE AUDIT (statutory auditor)
Permanent representative: Jo VANDEPUTTE · General meeting of 18-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0445485168
New director
BV MANU PROJECTS appointed, BV LURONA resigned · Permanent representatives: STEVE VANDENBERGHE and EMANUEL DE MEULENEIRE · General meeting of 18-12-2024 · Gazette deed
Amendment of the articles
General meeting of 16-12-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEVA - FYTO Veurne | €16.5m | 18.0% | 59.9% | 14.6 |
| CAPPELLE Tielt-Winge | €16.3m | 12.5% | 79.1% | 11.5 |
| Etablissements LEFEBVRE Gesves | €19.0m | 2.1% | 38.8% | 10.6 |
| VOEDERS MELLAERTS Tielt-Winge | €26.3m | 3.5% | 20.7% | 12.7 |
| MOULIN GOCHEL Burdinne | €24.9m | 1.4% | 22.7% | 20.7 |
| Evergreen Garden Care Belgium Lokeren | €13.7m | -1.3% | 64.0% | 18.9 |
| ID. NUTRITION Harelbeke | €21.9m | 8.5% | 28.2% | 18 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DEVA - FYTO: wholesale of agricultural produce and animal feed, general range (NACE 46216). They are comparable in size and age: total assets between €7.2m and €12m, founded between 1988 and 2000.
Official details
Source: KBO- Status
- Active since 14-10-1991Normal situation
- Activity
- Wholesale of agricultural produce and animal feed, general rangeNACE 46216
- Establishment unit
- 2.055.049.1268630 Veurne, since 18-11-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Annual accounts 2025
- €8.4m▲ 44.0%
- Employeeson 31-12-2025
- 14▲ 16.7%
- Filing
- Filed on 10-08-2026
Companies linked to DEVA - FYTO
Parent and group
Insights on DEVA - FYTO
DEVA - FYTO has existed since 1991. Turnover grew from €9.5m in 2006 to €16.5m in 2025 and staff from 10.1 to 14.6 full-time equivalents.
Solvency fell in 2025 from 89.7% to 59.9% because of the dividend.
Manu Projects holds all the shares. In January 2025, the Official Gazette published the appointment of BV MANU PROJECTS 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 - FYTO
- What is the company number of DEVA - FYTO?
- The company number of DEVA - FYTO is 0445.485.168. The VAT number is the same number with BE in front: BE 0445.485.168.
- Where is DEVA - FYTO based?
- The registered office is at Albert I laan 72, 8630 Veurne.Company details
- What does DEVA - FYTO do?
- According to the KBO register, the main activity is wholesale of agricultural produce and animal feed, general range (NACE 46216).
- What is the legal form of DEVA - FYTO?
- DEVA - FYTO is a public limited company (NV).
- When was DEVA - FYTO founded?
- DEVA - FYTO was founded on 14-10-1991.
- Is DEVA - FYTO still active?
- Yes, DEVA - FYTO is an active enterprise in the KBO register.
- How many employees does DEVA - FYTO have?
- DEVA - FYTO had an average of 14.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DEVA - FYTO?
- The turnover of DEVA - FYTO was €16.5m in financial year 2025, according to the filed annual accounts.
- Is DEVA - FYTO profitable?
- In financial year 2025, DEVA - FYTO made a profit of €2.3m.
- Where can I find the annual accounts of DEVA - FYTO?
- DEVA - FYTO filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEVA - FYTO due?
- DEVA - FYTO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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