DEVA WOOD
ActiveSummary
DEVA WOOD has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €14k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+10
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 71.34 against 2.07 in 2024; short-term debt: 1.2% and cash: 7.8% of total assets), and 1.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.8%
Return on assets
37%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
20 d early
2023
54 d early
2022
6 d early
2021
5 d early
2020
2 d early
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▲ 59.9%
2024 · €23k
2018: €44khighest in 8 years
2019: €40k▼ -7.6% vs 2018
2020: €41k▲ +1.2% vs 2019
2021: €37k▼ -10.4% vs 2020
2022: €35k▼ -4.2% vs 2021
2023: €43k▲ +21.5% vs 2022
2024: €23k▼ -45.3% vs 2023lowest in 8 years
2025: €37k▲ +59.9% vs 2024
2018 → 2025
Total assets
€38k▲ 5.2%
2024 · €36k
2018: €62k
2019: €51k▼ -17.5% vs 2018
2020: €45k▼ -11.5% vs 2019
2021: €63k▲ +40.2% vs 2020highest in 8 years
2022: €58k▼ -8.6% vs 2021
2023: €60k▲ +4.0% vs 2022
2024: €36k▼ -40.5% vs 2023lowest in 8 years
2025: €38k▲ +5.2% vs 2024
2018 → 2025
Net result
€14k
2024 · €-19k
2018: €-501
2019: €-3k▼ -560% vs 2018
2020: €499▲ +115% vs 2019
2021: €-4k▼ -948% vs 2020
2022: €-2k▲ +64.1% vs 2021
2023: €8k▲ +596% vs 2022
2024: €-19k▼ -356% vs 2023lowest in 8 years
2025: €14k▲ +172% vs 2024highest in 8 years
2018 → 2025
Working capital
€33k▲ 233%
2024 · €10k
2018: €25k
2019: €22k▼ -12.3% vs 2018
2020: €25k▲ +14.9% vs 2019
2021: €12k▼ -53.9% vs 2020
2022: €14k▲ +20.0% vs 2021
2023: €25k▲ +80.7% vs 2022
2024: €10k▼ -61.4% vs 2023lowest in 8 years
2025: €33k▲ +233% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€35k▼ 4.2%€43k▲ 21.5%€23k▼ 45.3%€37k▲ 59.9%
2021: €37k
2022: €35k▼ -4.2% vs 2021
2023: €43k▲ +21.5% vs 2022highest in 5 years
2024: €23k▼ -45.3% vs 2023lowest in 5 years
2025: €37k▲ +59.9% vs 2024
Operating result€-4k-€-1k▲ 72.5%€9k€-20k€14k
2021: €-4k
2022: €-1k▲ +72.5% vs 2021
2023: €9k▲ +1001% vs 2022
2024: €-20k▼ -310% vs 2023lowest in 5 years
2025: €14k▲ +170% vs 2024highest in 5 years
Net result€-4k-€-2k▲ 64.1%€8k€-19k€14k
2021: €-4k
2022: €-2k▲ +64.1% vs 2021
2023: €8k▲ +596% vs 2022
2024: €-19k▼ -356% vs 2023lowest in 5 years
2025: €14k▲ +172% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €20k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38k
Fixed assets
€5k ▼ 72.3%
Current assets
€33k ▲ 74.2%
Equity and liabilities €38k
Equity
€37k ▲ 59.9%
Debt
€463 ▼ 96.3%
Debt's share of the balance-sheet total falls from 35.0% to 1.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2024 · €-10k
Cash flow
€15k▲
2024 · €-10k
Current ratio
71.34▲
2024 · 2.07
Debt to equity
0.01▼
2024 · 0.54
ROE
37.5%▲
2024 · -82.8%
ROA
37.0%▲
2024 · -53.8%
Interest coverage
46.04▲
2024 · -33.60
Debt ≤ 1 year
€463▼
2024 · €9k
Income taxes
€167▼
2024 · €174
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€36k€38k▲
Fixed assets21/28€17k€5k▼
Tangible fixed assets22/27€17k€5k▼
Land and buildings22€6k€5k▼
Leasing and similar rights25€11k-
Financial fixed assets28€135€135=
Current assets29/58€19k€33k▲
Amounts receivable within one year40/41€17k€29k▲
Trade receivables40€2k€6k▲
Other amounts receivable41€15k€23k▲
Cash at bank and in hand54/58€863€3k▲
Deferred charges and accrued income490/1€1k€652▼
Equity and liabilities
Total equity and liabilities10/49€36k€38k▲
Equity10/15€23k€37k▲
Contributions10/11€6k€6k=
Reserves13€36k€36k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€15k€15k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-19k€-5k▲
Amounts payable17/49€13k€463▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€9k€463▼
Current portion of amounts payable after more than one year42€5k-
Trade debts44€2k€295▼
Suppliers440/4€2k€295▼
Taxes, remuneration and social security45€210€167▼
Taxes450/3€210€167▼
Other amounts payable47/48€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€1k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€-9k€18k▲
Operating profit (loss)9901€-20k€14k▲
Financial income75/76B€773€741▼
Recurring financial income75€773€741▼
Financial charges65/66B€311€326▲
Recurring financial charges65€311€326▲
Profit (loss) for the period before taxes9903€-19k€14k▲
Income taxes67/77€174€167▼
Profit (loss) for the period9904€-19k€14k▲
Profit (loss) for the period to be appropriated9905€-19k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-5k▲
Profit (loss) brought forward from the previous period14P€395€-19k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €9k | €9k | €9k | €1k | ▼ 85.5% |
| Other operating charges640/8 | €3k | €2k | €2k | €1k | €3k | ▲ 101% |
| Gross operating margin9900 | €10k | €10k | €20k | €-9k | €18k | ▲ 298% |
| Operating profit (loss)9901 | €-4k | €-1k | €9k | €-20k | €14k | ▲ 170% |
| Financial income75/76B | €395 | €147 | €453 | €773 | €741 | ▼ 4.2% |
| Recurring financial income75 | €395 | €147 | €453 | €773 | €741 | ▼ 4.2% |
| Financial charges65/66B | €688 | €467 | €523 | €311 | €326 | ▲ 4.9% |
| Recurring financial charges65 | €688 | €467 | €523 | €311 | €326 | ▲ 4.9% |
| Profit (loss) for the period before taxes9903 | €-4k | €-1k | €9k | €-19k | €14k | ▲ 174% |
| Income taxes67/77 | €187 | €165 | €2k | €174 | €167 | ▼ 4.0% |
| Profit (loss) for the period9904 | €-4k | €-2k | €8k | €-19k | €14k | ▲ 172% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €-2k | €8k | €-19k | €14k | ▲ 172% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63k | €58k | €60k | €36k | €38k | ▲ 5.2% |
| Fixed assets21/28 | €44k | €35k | €26k | €17k | €5k | ▼ 72.3% |
| Tangible fixed assets22/27 | €44k | €35k | €26k | €17k | €5k | ▼ 72.9% |
| Land and buildings22 | €10k | €9k | €7k | €6k | €5k | ▼ 22.6% |
| Leasing and similar rights25 | €34k | €26k | €19k | €11k | - | - |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €19k | €23k | €34k | €19k | €33k | ▲ 74.2% |
| Amounts receivable within one year40/41 | €6k | €14k | €14k | €17k | €29k | ▲ 74.7% |
| Trade receivables40 | €3k | €8k | €2k | €2k | €6k | ▲ 321% |
| Other amounts receivable41 | €3k | €6k | €12k | €15k | €23k | ▲ 49.8% |
| Cash at bank and in hand54/58 | €12k | €7k | €19k | €863 | €3k | ▲ 241% |
| Deferred charges and accrued income490/1 | €1k | €2k | €2k | €1k | €652 | ▼ 47.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63k | €58k | €60k | €36k | €38k | ▲ 5.2% |
| Equity10/15 | €37k | €35k | €43k | €23k | €37k | ▲ 59.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €35k | €28k | €36k | €36k | €36k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €15k | €15k | €15k | €15k | €15k | = |
| Distributable reserves133 | €18k | €11k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-5k | €395 | €395 | €-19k | €-5k | ▲ 73.9% |
| Amounts payable17/49 | €27k | €23k | €18k | €13k | €463 | ▼ 96.3% |
| Amounts payable after more than one year17 | €19k | €14k | €9k | €3k | - | - |
| Financial debts170/4 | €19k | €14k | €9k | €3k | - | - |
| Amounts payable within one year42/48 | €7k | €9k | €9k | €9k | €463 | ▼ 94.9% |
| Current portion of amounts payable after more than one year42 | €5k | €5k | €5k | €5k | - | - |
| Trade debts44 | €2k | €3k | €1k | €2k | €295 | ▼ 85.6% |
| Suppliers440/4 | €2k | €3k | €1k | €2k | €295 | ▼ 85.6% |
| Taxes, remuneration and social security45 | €669 | €252 | €2k | €210 | €167 | ▼ 20.2% |
| Taxes450/3 | €669 | €252 | €2k | €210 | €167 | ▼ 20.2% |
| Other amounts payable47/48 | - | - | - | €2k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €-2k | €8k | €-19k | €14k | ▲ 172% |
| + Depreciation and write-downs630 | €10k | €9k | €9k | €9k | €1k | ▼ 85.5% |
| Operating cash flow (approximation) | €6k | €8k | €17k | €-10k | €15k | ▲ 250% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €11k | - |
| Change in cash | - | €-5k | €12k | €-18k | €2k | ▲ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial
Liquidity times 34current ratio 71.34
Current ratio from 2.07 to 71.34; short-term debt falls from €9k to €463.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €499
Net result €499 after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Pittem · 1 establishment unit since 1995
Ground area
2,400 m²
Building footprint
195 m²
Volume, LiDAR
994 m³
Parcel 37011D0963/00T000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVA WOOD BVBA
since 19952.070.315.045
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011D0963/00T000 | Flanders | 2,400 m² | 1 · 195 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SAGITTAE GROUP
BE 1001.561.424
Brussel · Eq €37,198
HSM BELGIUM
BE 0711.978.218
Deerlijk · Eq €37,181
ANIN LOGISTICS
BE 0761.834.436
Ukkel · Eq €37,228
YNC Group
BE 0791.356.979
Leopoldsburg · Eq €37,175
HD Distribution
BE 1009.870.463
Antwerpen · Eq €37,301
Of 4,906 companies in sector 53200 we hold annual accounts for 1,322. 1,112 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
31004Manufacture of dining room, living room, bedroom and bathroom furniture
46494Wholesale of non-electrical household articles
Scores and ratios are computed by Checked and are not a credit decision.