Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
Of this, €688,737 falls due within a year.
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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).
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.
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.
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.
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.
| Line | Trend | 2025 |
|---|---|---|
| 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 | ||
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.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00356035 |
| Line | Trend | 2025 |
|---|---|---|
| 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.
| Item | 2025 |
|---|---|
| Financial fixed assets | €1.9m |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 94.9%.
Devaco has no parent and no holdings in its annual accounts. Denys Christiane is the only director. Devaco shares no director with another company.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| 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 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42006C0001/00A027 | 1,499 m² | 1 · 275 m² | 11.8 m · 3 |
| 42006B0535/00Z000 | 861 m² | 1 · 211 m² | 10.4 m · 2 |
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