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DEVA Worx

Active
Private limited companyfounded 2024active for 2 yearsForestier Ingelramstraat 30, 8530 Harelbeke, BelgiumKBO/BCE: BE 1010.494.629
Summary

DEVA Worx has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,538 and a net result of €66,371. Its solvency ranks better than 48% of 38,895 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€70,538
Total assets
€132,146
Net result
€66,371
Working capital
€56,924

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

Balance-sheet composition
Assets €132,146
Fixed assets €30,750
Current assets €101,397
Equity and liabilities €132,146
Equity €70,538
Debt €61,608
Debt finances 46.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€103,511
Cash flow
€75,233
Current ratio
2.28
Debt to equity
0.87
ROE
94.1%
ROA
50.2%
Interest coverage
78.15
Debt ≤ 1 year
€44,473
Debt > 1 year
€17,135
Income taxes
€27,039

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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 74.5% 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 39,278 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 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€132,146
Fixed assets21/28€30,750
Tangible fixed assets22/27€30,750
Furniture and vehicles24€30,750
Current assets29/58€101,397
Amounts receivable within one year40/41€10,603
Trade receivables40€10,107
Other amounts receivable41€497
Current investments50/53€52,603
Cash at bank and in hand54/58€34,148
Deferred charges and accrued income490/1€4,043
Equity and liabilities
Total equity and liabilities10/49€132,146
Equity10/15€70,538
Contributions10/11€5,000
Reserves13€65,538
Distributable reserves133€65,538
Profit (loss) carried forward14€0
Amounts payable17/49€61,608
Amounts payable after more than one year17€17,135
Financial debts170/4€17,135
Amounts payable within one year42/48€44,473
Current portion of amounts payable after more than one year42€8,539
Trade debts44€342
Suppliers440/4€342
Taxes, remuneration and social security45€34,759
Taxes450/3€34,759
Other amounts payable47/48€833
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,862
Other operating charges640/8€950
Gross operating margin9900€104,461
Operating profit (loss)9901€94,649
Financial income75/76B€86
Recurring financial income75€86
Financial charges65/66B€1,324
Recurring financial charges65€1,324
Profit (loss) for the period before taxes9903€93,410
Income taxes67/77€27,039
Profit (loss) for the period9904€66,371
Profit (loss) for the period to be appropriated9905€66,371
Appropriation of the result
Profit (loss) to be appropriated9906€66,371
Transfer to equity691/2€65,538
To other reserves6921€65,538
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,862
Other operating charges640/8€950
Gross operating margin9900€104,461
Operating profit (loss)9901€94,649
Financial income75/76B€86
Recurring financial income75€86
Financial charges65/66B€1,324
Recurring financial charges65€1,324
Profit (loss) for the period before taxes9903€93,410
Income taxes67/77€27,039
Profit (loss) for the period9904€66,371
Profit (loss) for the period to be appropriated9905€66,371
Line2025
Assets
Total assets20/58€132,146
Fixed assets21/28€30,750
Tangible fixed assets22/27€30,750
Furniture and vehicles24€30,750
Current assets29/58€101,397
Amounts receivable within one year40/41€10,603
Trade receivables40€10,107
Other amounts receivable41€497
Current investments50/53€52,603
Cash at bank and in hand54/58€34,148
Deferred charges and accrued income490/1€4,043
Equity and liabilities
Total equity and liabilities10/49€132,146
Equity10/15€70,538
Contributions10/11€5,000
Reserves13€65,538
Distributable reserves133€65,538
Profit (loss) carried forward14€0
Amounts payable17/49€61,608
Amounts payable after more than one year17€17,135
Financial debts170/4€17,135
Amounts payable within one year42/48€44,473
Current portion of amounts payable after more than one year42€8,539
Trade debts44€342
Suppliers440/4€342
Taxes, remuneration and social security45€34,759
Taxes450/3€34,759
Other amounts payable47/48€833
Line2025
Profit (loss) for the period9904€66,371
+ Depreciation and write-downs630€8,862
Operating cash flow (approximation)€75,233

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 29-07-2026 2026-00348165

Similar companies · same sector, comparable size

Of the 82,290 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,876. 40,717 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.