Equity
€2.4m ▼ 25.3%
Deva paid out €1.5m in dividends. That is 219% of the 2025 profit.
Deva
Lifetime
19 annual accounts with figures on one time axis, 43 filings since 1982Gross marginpeak €2.4m (2024)
-not published
Resultlowest -€247,261 (2016)
€684,904▲ 7.7%
Equitypeak €3.2m (2024)
€2.4m▼ 25.3%
Debts
€1.6m▲ 835%
Staffpeak 20.1 FTE (2023)
19.6 FTE▲ 0.5%
Board4 names since 2017
2 directorsEveline Demaecker and 1 other
Owners
100%DMVH Trading
Documentsfilings and deeds
02-02-20262 days late
2025financial year
Dividend €1.5mEquity from €3.2m to €2.4mDebts from €171,785 to €1.6mCash from €325,203 to €1.1m
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 58% of small companies in specialised construction (NACE 43)
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: 0.3% across 2,652 companies (NACE 43, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.4%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%▲ +0.1 percentage points vs 01-2025highest value
03-2025: 0.1%▼ -0.4 percentage points 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%● unchanged vs 07-2025
09-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: < 0.1%▼ -0.2 percentage points vs 02-2026
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 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 2.44, cash €1.1m
Founded in 1982
Size: turnover €7.9m, 19.6 FTE, total assets €4.0m
Equity €2.4m (60.0% of total assets)
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 43, small). It does better than 78% of them on solvency, 82% on liquidity, 63% on profitability and 10% on growth.
The bankruptcy probability was computed on 05-11-2026 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 30-06-2025.
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 has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of Deva itself: < 0.1% within 12 months.
Test of the method
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 20,137 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
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.44 (19.44 in 2024), above the usual 1.5. Short-term debt is 39.8% and cash 27.5% of total assets. 40% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 2 days late
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. 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
2 days late
2024
on the day
2023
58 days late
2022
101 days late
2021
6 days early
2020
2 days early
2019
18 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 19 days after 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.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 2 February (4 of the last 5 accounts filed within 56 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end06-11-2026 today31-01-2027 deadline
Board and ownership
- DMVH Trading 100%score 70equity €12.0m (2025) · 31-03-2025 annual accounts of DMVH Trading
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0423005320
Registered office moved to Zuienkerke
New registered office: Dorpweg 35, 8377 Zuienkerke · Resignations: Serge Demaecker (managing director), Inge Dendooven, Eveline Demaecker and V.M.S. Engineering BV (managing director) · Appointments: Inge Dendooven (director) and Eveline Demaecker (director) · General meeting of 24-04-2024 · Gazette deed
4 directors reappointed
Inge DENDOOVEN, Eveline DEMAECKER, Serge DEMAECKER and V.M.S. ENGINEERING · Permanent representative: Mathias Van Haecke · General meeting of 22-12-2023 · Gazette deed
First establishment
Dorpweg 35, Zuienkerke
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| Deva Zuienkerke | €7.9m | 12.2% | 60.0% | 19.6 |
| LAVAGRO Menen | €4.3m | 4.9% | 79.8% | 17.4 |
| Fontec Watermael-Boitsfort | €15.9m | 15.4% | 22.8% | 19.6 |
| E. DE KOCK Overijse | €4.7m | 1.9% | 45.8% | 23.1 |
| MAENHAUT WIM Aalter | €12.6m | 13.6% | 43.6% | 17.8 |
| ONDERNEMINGEN BULCKE Comines-Warneton | €16.4m | 4.1% | 57.2% | 12.7 |
| DEWIL R. Linter | €3.1m | 18.1% | 94.6% | 16.8 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Deva: site preparation (NACE 43120). They are comparable in size and age: total assets between €5.3m and €7.9m, founded between 1973 and 1991.
Official details
Source: KBO- Status
- Active since 01-07-1982Normal situation
- Activity
- Site preparationNACE 43120and 1 other
- Joint committee
- 124Construction · annual accounts 30-06-2025
- Establishment unit
- 2.020.941.4518377 Zuienkerke, since 01-07-1982
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- Total assets
- €4.0m▲ 18.3%
- Employeeson 30-06-2025
- 18▼ 10.0%
- Filing
- Filed on 02-02-2026
Insights on Deva
Deva has existed since 1982. The gross margin grew from €950,867 in 2007 to €2.4m in 2024 and staff from 15 to 19.5 full-time equivalents.
Solvency fell in 2025 from 94.9% to 60.0% because of the dividend.
DMVH Trading holds all the shares.
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 0423.005.320. The VAT number is the same number with BE in front: BE 0423.005.320.
- Where is Deva based?
- The registered office is at Dorpweg 35, 8377 Zuienkerke.Company details
- What does Deva do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of Deva?
- Deva is a public limited company (NV).
- When was Deva founded?
- Deva was founded on 01-07-1982.
- Is Deva still active?
- Yes, Deva is an active enterprise in the KBO register.
- How many employees does Deva have?
- Deva had an average of 19.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Deva fall under?
- In its 30-06-2025 annual accounts, Deva states joint committee 124 (Construction).
- What is the turnover of Deva?
- The turnover of Deva was €7.9m in financial year 2025, according to the filed annual accounts.
- Is Deva profitable?
- In financial year 2025, Deva made a profit of €684,904.
- Where can I find the annual accounts of Deva?
- Deva filed 43 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 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
See how customers, suppliers and banks see your own company and what to improve first.