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DEVA Meubelen

Active
Private limited companyfounded 2025active for 1 yearKoolmijnlaan 102, 3580 Beringen, BelgiumKBO/BCE: BE 1026.891.587
Summary

The computed 12-month bankruptcy probability of DEVA Meubelen is 3.3% (moderate). The 2025 annual accounts show negative equity (-€101,090) and a net result of -€106,090. Its solvency ranks better than 14% of 21,956 sector peers (NACE 47, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€101,090
Total assets
€287,263
Net result
-€106,090
Working capital
-€162,089

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €287,263
Fixed assets €60,999
Current assets €226,264
Equity and liabilities
Equity-€101,090
Debt€388,353
Equity is negative: debt (€388,353) exceeds the balance-sheet total (€287,263).
Key figures and ratios
2025 value
EBITDA
-€104,871
Cash flow
-€103,460
Solvency
-35.2%
Current ratio
0.58
Quick ratio
0.07
ROA
-36.9%
Interest coverage
-66.08
Debt
€388,353
Debt ≤ 1 year
€388,353
Staff costs
€49,994
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€287,263
Fixed assets21/28€60,999
Intangible fixed assets21€2,927
Tangible fixed assets22/27€58,072
Plant, machinery and equipment23€19,947
Furniture and vehicles24€24,151
Other tangible fixed assets26€13,974
Current assets29/58€226,264
Stocks and contracts in progress3€199,036
Stocks30/36€199,036
Amounts receivable within one year40/41€7,944
Trade receivables40€6,000
Other amounts receivable41€1,944
Cash at bank and in hand54/58€19,284
Equity and liabilities
Total equity and liabilities10/49€287,263
Equity10/15-€101,090
Contributions10/11€5,000
Profit (loss) carried forward14-€106,090
Amounts payable17/49€388,353
Amounts payable within one year42/48€388,353
Trade debts44€26,100
Suppliers440/4€26,100
Taxes, remuneration and social security45€99,148
Taxes450/3€42,281
Remuneration and social security454/9€56,867
Other amounts payable47/48€263,105
Income statement Code2025
Remuneration, social security and pensions62€49,994
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,630
Other operating charges640/8€515
Gross operating margin9900-€54,363
Operating profit (loss)9901-€107,501
Financial income75/76B€2,998
Recurring financial income75€2,998
Financial charges65/66B€1,587
Recurring financial charges65€1,587
Profit (loss) for the period before taxes9903-€106,090
Profit (loss) for the period9904-€106,090
Profit (loss) for the period to be appropriated9905-€106,090
Appropriation of the result
Profit (loss) to be appropriated9906-€106,090

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€49,994
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,630
Other operating charges640/8€515
Gross operating margin9900-€54,363
Operating profit (loss)9901-€107,501
Financial income75/76B€2,998
Recurring financial income75€2,998
Financial charges65/66B€1,587
Recurring financial charges65€1,587
Profit (loss) for the period before taxes9903-€106,090
Profit (loss) for the period9904-€106,090
Profit (loss) for the period to be appropriated9905-€106,090
Line2025
Assets
Total assets20/58€287,263
Fixed assets21/28€60,999
Intangible fixed assets21€2,927
Tangible fixed assets22/27€58,072
Plant, machinery and equipment23€19,947
Furniture and vehicles24€24,151
Other tangible fixed assets26€13,974
Current assets29/58€226,264
Stocks and contracts in progress3€199,036
Stocks30/36€199,036
Amounts receivable within one year40/41€7,944
Trade receivables40€6,000
Other amounts receivable41€1,944
Cash at bank and in hand54/58€19,284
Equity and liabilities
Total equity and liabilities10/49€287,263
Equity10/15-€101,090
Contributions10/11€5,000
Profit (loss) carried forward14-€106,090
Amounts payable17/49€388,353
Amounts payable within one year42/48€388,353
Trade debts44€26,100
Suppliers440/4€26,100
Taxes, remuneration and social security45€99,148
Taxes450/3€42,281
Remuneration and social security454/9€56,867
Other amounts payable47/48€263,105
Line2025
Profit (loss) for the period9904-€106,090
+ Depreciation and write-downs630€2,630
Operating cash flow (approximation)-€103,460

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 74 companies in this sector, figures are known for 47. See the whole sector

Public contracts: not fully processed yet. The notices from August 2022 to September 2026 are still being read.