DeVaFoNa
ActiveSummary
DeVaFoNa has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.2m and a net result of €315,450. Equity is growing by about 9.8% per year across the filed financial years. Its solvency ranks better than 95% of 38,998 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
In the rankings
#6 company by total assets in Rixensart, Professional and technical services sector#6 company by equity in Rixensart, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€315,450▼ 23.9%
2024 · €414,380
Working capital
€710,123▼ 28.0%
2024 · €986,310
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €30,951 after €68,479 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.03m
2025
Net result€0.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€5.3m
2025
Equity€5.2m
2025
Debt€0.08m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.7m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency98.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio11.03
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.3m-€0.1m▼ 51.1%€2.7m▲ 1,986%€0.1m▼ 95.7%€0.04m▼ 69.0%€0.07m▲ 90.7%-€0.03m
Net result€0.2m-€0.3mabove the sector's middle half▲ 78.8%€2.7mabove the sector's middle half▲ 849%€0.2mabove the sector's middle half▼ 91.8%€0.3mabove the sector's middle half▲ 18.3%€0.4mabove the sector's middle half▲ 58.6%€0.3mabove the sector's middle half▼ 23.9%
Equity€1.0m-€1.3mabove the sector's middle half▲ 27.6%€4.0mabove the sector's middle half▲ 205%€4.2mabove the sector's middle half▲ 5.5%€4.5mabove the sector's middle half▲ 6.2%€4.9mabove the sector's middle half▲ 9.2%€5.2mabove the sector's middle half▲ 6.4%
Total assets€2.6m-€2.8mabove the sector's middle half▲ 8.3%€5.7mabove the sector's middle half▲ 101%€5.6mabove the sector's middle half▼ 1.6%€5.7mabove the sector's middle half▲ 1.9%€5.6mabove the sector's middle half▼ 0.7%€5.3mabove the sector's middle half▼ 5.6%
Debt€1.6m-€1.5m▼ 4.4%€1.6m▲ 9.6%€1.3m▼ 19.2%€1.2m▼ 11.7%€0.7m▼ 38.9%€0.08m▼ 88.5%
Working capital€0.4m-€0.7mabove the sector's middle half▲ 78.9%€0.7mabove the sector's middle half▲ 1.7%€0.9mabove the sector's middle half▲ 30.4%€1.0mabove the sector's middle half▲ 11.3%€1.0mabove the sector's middle half▲ 0.8%€0.7mabove the sector's middle half▼ 28.0%
Solvency39.8%-46.9%within the sector's middle half▲ 7.1pp71.1%within the sector's middle half▲ 24.2pp76.3%within the sector's middle half▲ 5.1pp79.4%above the sector's middle half▲ 3.2pp87.3%above the sector's middle half▲ 7.9pp98.5%above the sector's middle half▲ 11.1pp
Current ratio2.23-3.62within the sector's middle half▲ 1.392.62within the sector's middle half▼ 1.008.07above the sector's middle half▲ 5.459.56above the sector's middle half▲ 1.4911.55above the sector's middle half▲ 1.9911.03above the sector's middle half▼ 0.51
Return on assets (ROA)6.1%-10.1%within the sector's middle half▲ 4.0pp47.8%above the sector's middle half▲ 37.7pp4.0%within the sector's middle half▼ 43.9pp4.6%within the sector's middle half▲ 0.6pp7.3%within the sector's middle half▲ 2.7pp5.9%within the sector's middle half▼ 1.4pp
Staff (FTE)0.7
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.3m
Fixed assets
€4.5m ▼ 0.4%
Current assets
€780,895 ▼ 27.7%
Equity and liabilities €5.3m
Equity
€5.2m ▲ 6.4%
Debt
€82,433 ▼ 88.5%
Debt's share of the balance-sheet total falls from 12.7% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15,008▼
2024 · €111,304
Cash flow
€361,409▼
2024 · €457,205
Debt to equity
0.02▼
2024 · 0.15
ROE
6.0%▼
2024 · 8.4%
Interest coverage
1.30▼
2024 · 31.51
Debt ≤ 1 year
€70,772▼
2024 · €93,508
Debt > 1 year
€11,154▼
2024 · €617,973
Income taxes
€42,920▼
2024 · €48,397
Staff costs
€49,081▼
2024 · €57,715
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | €0.04m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | - | €0.05m | €0.05m | €0.06m | €0.05m | ▼ 15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.05m | ▲ 7.3% |
| Other operating charges640/8 | - | - | - | €0.005m | €0.004m | €0.004m | €0.004m | ▼ 2.8% |
| Non-recurring operating charges66A | - | - | - | €0.001m | €0 | - | - | - |
| Gross operating margin9900 | €0.3m | €0.2m | €2.8m | €0.2m | €0.1m | €0.2m | €0.07m | ▼ 60.6% |
| Operating profit (loss)9901 | €0.3m | €0.1m | €2.7m | €0.1m | €0.04m | €0.07m | -€0.03m | ▼ 145% |
| Financial income75/76B | - | - | - | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 0.8% |
| Recurring financial income75 | €0.01m | €0.2m | €0.4m | €0.2m | €0.3m | €0.4m | €0.4m | ▲ 0.8% |
| Financial charges65/66B | - | - | - | €0.003m | €0.06m | €0.004m | €0.01m | ▲ 226% |
| Recurring financial charges65 | €0.003m | €0.005m | €0.005m | €0.003m | €0.06m | €0.004m | €0.01m | ▲ 226% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.3m | €3.0m | €0.3m | €0.3m | €0.5m | €0.4m | ▼ 22.6% |
| Income taxes67/77 | €0.1m | €0.06m | €0.3m | €0.06m | €0.06m | €0.05m | €0.04m | ▼ 11.3% |
| Profit (loss) for the period9904 | €0.2m | €0.3m | €2.7m | €0.2m | €0.3m | €0.4m | €0.3m | ▼ 23.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.05m | €0.1m | €0.03m | €0.08m | ▲ 178% |
| Transfer to tax-exempt reserves689 | - | - | - | €0.06m | €0.2m | €0.03m | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.3m | €2.7m | €0.2m | €0.2m | €0.4m | €0.4m | ▼ 4.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.6m | €2.8m | €5.7m | €5.6m | €5.7m | €5.6m | €5.3m | ▼ 5.6% |
| Fixed assets21/28 | €1.9m | €1.9m | €4.6m | €4.6m | €4.6m | €4.6m | €4.5m | ▼ 0.4% |
| Tangible fixed assets22/27 | €0.8m | €0.7m | €0.7m | €0.7m | €0.8m | €0.8m | €0.7m | ▼ 2.2% |
| Land and buildings22 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | ▼ 2.0% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0.002m | - |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.06m | €0.06m | €0.05m | ▼ 6.8% |
| Other tangible fixed assets26 | - | - | - | €0.001m | €0.01m | €0.009m | €0.007m | ▼ 13.6% |
| Financial fixed assets28 | €1.2m | €1.2m | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Current assets29/58 | €0.7m | €0.9m | €1.1m | €1.0m | €1.1m | €1.1m | €0.8m | ▼ 27.7% |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | €0.1m | ▼ 77.2% |
| Trade receivables40 | - | - | - | €0.06m | €0.03m | €0.06m | €0.05m | ▼ 21.6% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.5m | €0.5m | €0.09m | ▼ 83.5% |
| Current investments50/53 | €0.1m | €0.2m | €0.4m | €0.5m | €0.5m | €0.4m | €0.6m | ▲ 42.9% |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.3m | €0.06m | €0.07m | €0.06m | €0.04m | ▼ 34.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.005m | €0.005m | €0.004m | ▼ 27.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.6m | €2.8m | €5.7m | €5.6m | €5.7m | €5.6m | €5.3m | ▼ 5.6% |
| Equity10/15 | €1.0m | €1.3m | €4.0m | €4.2m | €4.5m | €4.9m | €5.2m | ▲ 6.4% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.4m | €0.6m | €3.2m | €3.4m | €3.8m | €4.2m | €4.7m | ▲ 9.6% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 25.5% |
| Distributable reserves133 | - | - | - | €3.1m | €3.5m | €3.9m | €4.4m | ▲ 12.6% |
| Profit (loss) carried forward14 | €0.7m | €0.7m | €0.8m | €0.8m | €0.7m | €0.7m | €0.6m | ▼ 13.9% |
| Amounts payable17/49 | €1.6m | €1.5m | €1.6m | €1.3m | €1.2m | €0.7m | €0.08m | ▼ 88.5% |
| Amounts payable after more than one year17 | €1.3m | €1.2m | €1.2m | €1.2m | €1.1m | €0.6m | €0.01m | ▼ 98.2% |
| Financial debts170/4 | - | - | - | €1.2m | €1.1m | €0.6m | €0.009m | ▼ 98.5% |
| Other amounts payable178/9 | - | - | - | €0.001m | €0.002m | €0.002m | €0.002m | ▲ 14.4% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.4m | €0.1m | €0.1m | €0.09m | €0.07m | ▼ 24.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.03m | €0.03m | €0.01m | ▼ 68.2% |
| Financial debts43 | - | - | - | €0.001m | €11 | €106 | €264 | ▲ 148% |
| Credit institutions430/8 | - | - | - | €0.001m | €11 | €106 | €264 | ▲ 148% |
| Trade debts44 | €0.009m | €0.01m | €0.008m | €0.006m | €0.006m | €0.007m | €0.005m | ▼ 23.8% |
| Suppliers440/4 | - | - | - | €0.006m | €0.006m | €0.007m | €0.005m | ▼ 23.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.03m | €0.05m | €0.06m | ▲ 13.2% |
| Taxes450/3 | - | - | - | €0.007m | €0.02m | €0.04m | €0.06m | ▲ 29.5% |
| Remuneration and social security454/9 | - | - | - | €0.005m | €0.01m | €0.006m | €162 | ▼ 97.4% |
| Other amounts payable47/48 | - | - | - | €0.08m | €0.04m | €0.006m | €105 | ▼ 98.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | €0.002m | €0.003m | €0.001m | ▼ 81.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.3m | €2.7m | €0.2m | €0.3m | €0.4m | €0.3m | ▼ 23.9% |
| + Depreciation and write-downs630 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.05m | ▲ 7.3% |
| Operating cash flow (approximation) | €0.2m | €0.3m | €2.7m | €0.2m | €0.3m | €0.5m | €0.4m | ▼ 21.0% |
| Investment in fixed assets (approximation) | - | -€0.002m | -€2.7m | -€0.02m | -€0.05m | -€0.01m | -€0.03m | ▼ 90.8% |
| Change in cash | - | €0.08m | €0.03m | -€0.3m | €0.005m | -€0.01m | -€0.02m | ▼ 81.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of the 82,152 companies in this sector, figures are known for 53,844. 10,974 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: not fully processed yet. The notices from August 2019 to September 2026 are still being read.