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Devaco

Active Private limited companyfounded 2024active for 1 yearKwintijnpoort 1, 9200 DendermondeKBO/BCE: BE 1017.213.363

Overview

Lifetime

1 annual account with figures
peak €167,438 (2025)
€167,438 
peak €99,882 (2025)
€99,882 
peak €101,882 (2025)
€101,882 
€1.9m 
Board1 name since 2024
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €430,000 estimated

The abbreviated format states no turnover.

Debts

€1.9m 95% of the balance sheet
Financial debts 64%Suppliers 2%Taxes and wages 1%Other 33%

Of this, €688,737 falls due within a year.

Checked score

67
Healthy
Financially stronger than 25% of micro companies without a NACE code
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2026: 2.4% 02-2026: 2.5%▲ +0.1 percentage points vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 3.1%▲ +0.6 percentage points vs 03-2026 05-2026: 3.1%● unchanged vs 04-2026 06-2026: 3.4%▲ +0.3 percentage points vs 05-2026 07-2026: 3.6%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 0.3%▼ -3.3 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.7%▲ +0.4 percentage points vs 10-2026

Financial strength
Weak

30equity 5.1% of total assets
37short-term debt 34.6% · cash 1.6%
50return on assets 5.0%

Score breakdown

raises risk
1 change of registered office in 24 months
Founded in 2024
lowers risk
Size: total assets €2.0m
Figures for financial year 2025 (filed on 30-07-2026)
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 (no NACE code, micro). It does better than 20% of them on solvency, 20% on liquidity and 36% on profitability.

The bankruptcy probability was computed on 08-11-2026 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 low class on 30-06-2025, 0.8% 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).

Credit verdict

Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is insufficient, with a current ratio of 0.11, below 1. Short-term debt is 34.6% and cash 1.6% of total assets. 94.9% 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 riskneutral
lowers risk · Size: total assets €2.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-07-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 day early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

DC
Director, since 06-12-2024
  • Denys Christiane 20 sharesdeed of 13-12-2024
Board & ownership

Recent changes

Company renamed from DenderNot to Devaco Registered office moved within Dendermonde · New registered office: Kwintijnpoort 1 9200 Dendermonde · Previous registered office: Noordlaan 128 9200 Dendermonde · General meeting of 28-10-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017213363
Incorporation Founding capital of €2,000, 20 shares · Founder: Denys Christiane · Appointment: Denys Christiane (statutory director) · published on 13-12-2024 · Gazette deed
First establishment DenderNot, Noordlaan 128, Dendermonde
All 5 events

Official details

Source: KBO
Status
Active since 11-12-2024Normal situation
Activity
“Het bestuur als bestuurder van een professionele notarisvennootschap, met uitsluiting van enige activiteit buiten…” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
Establishment unit
2.371.417.1019200 Dendermonde, since 11-12-2024
Financial year end
31 December
Peppol
Reachable since 18-11-2025
Company details

Annual accounts 2025

€167,438
€99,882
€101,882
€2.0m
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on Devaco

Devaco has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,882 and a net result of €99,882.

The computed 12-month bankruptcy probability is 0.7% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 30-07-2026, 1 day before the deadline
€167,438
€165,830
€99,882
-€614,238
5.1%
0.11

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €430,000. Estimated: probably between €260,000 and €800,000.

Balance sheet

balance sheet total €2.0m on 31-12-2025
What the company ownsHow it is paid for

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 2.0m
21/28 1.9m
28 1.9m
29/58 74,499
40/41 43,002
41 43,002
54/58 31,334
490/1 163
Balance sheet: equity and liabilities
10/49 2.0m
10/15 101,882
10/11 2,000
14 99,882
17/49 1.9m
17 1.2m
170/4 1.2m
42/48 688,737
42 162,500
44 43,595
440/4 43,595
45 24,919
450/3 24,919
47/48 457,723
Income statement
9900 167,438
640/8 1,609
9901 165,830
75/76B 122
75 122
65/66B 39,035
65 39,035
9903 126,917
67/77 27,035
9904 99,882
9905 99,882
Appropriation of the result
9906 99,882
Document PDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 30-07-2026 2026-00356035 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
1.9m
-614,238
5.1%
0.11
18.54
98.0%
5.0%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025
Financial fixed assets€1.9m

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on Devaco

Debt's share of the balance-sheet total is 94.9%.

Board & ownership

Board

1 director, no change since November 2026
Statutory director
since 06-12-2024 term for the life of the company
listed in the 2025 annual accounts, filed on 30-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Denys Christiane
Statutory director
Board
Mandates as a list
  • Denys Christiane
    • Statutory director, from 06-12-2024 to date

See the board, name and registered office on a given date →

Control

This company
Devaco
Equity €101,882
Profit €99,882 in 2025

Capital

Contribution
€2,000
Shares
20
Contribution per share
€100
Equity per share
€5,094 in 2025
Source
deed of 13-12-2024

Articles of association

deed of 03-11-2026 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 14:00

Shareholders

At incorporation deed of 13-12-2024 ↗

Network & group

No group

Devaco has no parent and no holdings in its annual accounts. Denys Christiane is the only director. Devaco shares no director with another company.

Timeline

Timeline

5 events since 2024
2026
Company renamed from DenderNot to DevacoRegistered office moved within Dendermonde · New registered office: Kwintijnpoort 1 9200 Dendermonde · Previous registered office: Noordlaan 128 9200 Dendermonde · General meeting of 28-10-20265 points ▸
  • General meeting, 28-10-2026
  • Name change, Devaco
  • Registered-office move, Kwintijnpoort 1 9200 Dendermonde
  • Purpose change, “Het bestuur als bestuurder van een professionele notarisvennootschap, met uitsluiting van enige activiteit buiten de professionele notarisvennootschap waarvan…” (deed in Dutch)
  • Director appointment, DENYS Christiane (statutory director)
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBabbreviated format · 1 day before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017213363
2024
IncorporationFounding capital of €2,000, 20 shares · Founder: Denys Christiane · Appointment: Denys Christiane (statutory director) · published on 13-12-20244 points ▸
  • Founder, Denys Christiane
  • Founding capital, €2,000, 20 shares
  • Director appointment, Denys Christiane (statutory director)
  • Registered office clause, Noordlaan 128, 9200 Dendermonde
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

First establishment DenderNot, Noordlaan 128, Dendermonde

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Devaco was incorporated on 11 December 2024 as a private limited company by one natural person, with a starting capital of €2,000.12 In 2026 the company took the name Devaco.3 The registered office was moved to Dendermonde in 2026.3 Since 2024, Denys Christiane has served as statutory director.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-12-2024
  3. 3Belgian Official Gazette, 03-11-2026
  4. 4National Bank, annual accounts 2025

Company details

Identity

Enterprise number
1017.213.363
VAT number
BE 1017.213.363
Peppol ID
0208:1017213363
Other Peppol ID
9925:BE1017213363
Legal form
Private limited company
Status
Active, normal situation
Founded
11-12-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 14:00
deed of 03-11-2026 (in Dutch)
Peppol
Reachable since 18-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Devaco in Dutch
Former name
DenderNot until the deed of 03-11-2026
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-11-2026 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 03-11-2026 (in Dutch)

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“Het bestuur als bestuurder van een professionele notarisvennootschap, met uitsluiting van enige activiteit buiten de professionele…”
5 activities
  1. Het bestuur als bestuurder van een professionele notarisvennootschap, met uitsluiting van enige activiteit buiten de professionele notarisvennootschap waarvan zij bestuurder is.
  2. Zij mag tevens haar roerend en onroerend vermogen rationeel en doelmatig beheren.
  3. Binnen de perken van dit beheer, zal de vennootschap voor eigen rekening in de vorm van beleggingen alle roerende en onroerende goederen kunnen verwerven, vervreemden, huren en verhuren, met persoonlijke en zakelijke rechten bezwaren.
  4. Haar vermogen mag geen onlichamelijke roerende bestanddelen bevatten die verband houden met de organisatie van het notariskantoor.
  5. De vennootschap zal haar activiteiten uitoefenen met eerbiediging van de wettelijke en deontologische bepalingen die het notariaat beheersen
deed of 03-11-2026 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kwintijnpoort 1 registered office 9200 Dendermonde
DenderNot Noordlaan 128, 9200 Dendermonde 63920 Other information service activities 11-12-2024 2.371.417.101

Buildings and parcels at the addresses

Ground area
2,360 m²
Buildings
486 m²
Volume, LiDAR
3,467 m³
Tallest building
11.8 m
Buildings to scale, each on its own parcel
275 m², 11.8 m 211 m², 10.4 m 275 m², 11.8 m 211 m², 10.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
42006C0001/00A0271,499 m² 1 · 275 m² 11.8 m · 3
42006B0535/00Z000861 m² 1 · 211 m² 10.4 m · 2