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DEVAH

Active
Private limited companyfounded 199927 yrs activeMolenstraat 85, 2270 Herenthout, BelgiumKBO/BCE: BE 0465.658.495

DEVAH has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €12k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 58% of 16809 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
83 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-5
Solvency100=
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.63 against 6.27 in 2024), and 32.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67.8%
Return on assets
5.4%
Age of the figures
8 mo
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 15-04-2026, 107 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
107 d early
2024
65 d early
2023
127 d early
2022
42 d early
2021
103 d early
2020
60 d early
2019
86 d early
← before the deadline after the deadline →
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 months
Position in the running window
09-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€153k▼ 27.9%
2024 · €212k
2018: €195k 2019: €215k 2020: €228k 2021: €244k 2022: €267k 2023: €213k 2024: €212k
2018 → 2025
Total assets
€226k▼ 7.3%
2024 · €243k
2018: €197k 2019: €217k 2020: €231k 2021: €275k 2022: €292k 2023: €236k 2024: €243k
2018 → 2025
Net result
€12k▼ 36.0%
2024 · €19k
2018: €11k 2019: €20k 2020: €13k 2021: €29k 2022: €29k 2023: €22k 2024: €19k
2018 → 2025
Working capital
€119k▼ 27.5%
2024 · €164k
2018: €193k 2019: €204k 2020: €222k 2021: €240k 2022: €263k 2023: €148k 2024: €164k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€244k-€267k▲ 9.5%€213k▼ 20.1%€212k▼ 0.4%€153k▼ 27.9%
Operating result€42k-€42k▼ 0.4%€30k▼ 28.7%€23k▼ 21.1%€15k▼ 34.8%
Net result€29k-€29k▲ 1.9%€22k▼ 24.1%€19k▼ 15.2%€12k▼ 36.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €42k€42kNet result 2021: €29k€29kOperating result 2022: €42k€42kNet result 2022: €29k€29kOperating result 2023: €30k€30kNet result 2023: €22k€22kOperating result 2024: €23k€23kNet result 2024: €19k€19kOperating result 2025: €15k€15kNet result 2025: €12k€12k20212022202320242025
The operating result has fallen four years in a row; 2025 is 35% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226k
Fixed assets €34k▼ 29.5%
Current assets €191k▼ 1.8%
Equity and liabilities €226k
Equity €153k▼ 27.9%
Debt €73k▲ 134%
The debt ratio rises from 12.8% to 32.2%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€31k
2024 · €40k
Cash flow
€28k
2024 · €36k
Solvency
67.8%
2024 · 87.2%
Current ratio
2.63
2024 · 6.27
Quick ratio
2.63
2024 · 6.27
Debt / equity
0.48
2024 · 0.15
ROE
7.9%
2024 · 8.9%
ROA
5.4%
2024 · 7.8%
Interest coverage
341.64
2024 · 422.13
Debt
€73k
2024 · €31k
Debt ≤ 1 year
€73k
2024 · €31k
Income taxes
€5k
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€243k€226k
Fixed assets21/28€48k€34k
Tangible fixed assets22/27€48k€34k
Furniture and vehicles24€48k€34k
Current assets29/58€195k€191k
Amounts receivable within one year40/41€25k€3k
Trade receivables40€24k€0
Other amounts receivable41€2k€3k
Cash at bank and in hand54/58€169k€188k
Deferred charges and accrued income490/1€665€694
Equity and liabilities
Total equity and liabilities10/49€243k€226k
Equity10/15€212k€153k
Contributions10/11€19k€19k=
Reserves13€193k€134k
Distributable reserves133€193k€134k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€31k€73k
Amounts payable within one year42/48€31k€73k
Trade debts44€722€167
Suppliers440/4€722€167
Taxes, remuneration and social security45€5k€0
Taxes450/3€5k€0
Other amounts payable47/48€25k€72k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€16k
Other operating charges640/8€354€305
Gross operating margin9900€40k€32k
Operating profit (loss)9901€23k€15k
Financial income75/76B€3k€2k
Recurring financial income75€3k€2k
Financial charges65/66B€95€91
Recurring financial charges65€95€91
Profit (loss) for the period before taxes9903€27k€17k
Income taxes67/77€8k€5k
Profit (loss) for the period9904€19k€12k
Profit (loss) for the period to be appropriated9905€19k€12k
Appropriation of the result
Profit (loss) to be appropriated9906€19k€12k
Transfer from equity791/2€20k€71k
Transfer to equity691/2€19k€12k
To other reserves6921€19k€12k
Profit to be distributed694/7€20k€71k
Return on contributions (dividend)694€20k€71k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
27-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €29k ▲1.9%
Net result €29k, the highest in the series.
19-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
06-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €200kEq €215k ▲10.2%
2 profitable years in a row build equity to €215k.
21-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herenthout · 1 establishment unit since 1999
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Molenstraat 852270 Herenthout
Ground area
585 m²
Building footprint
98 m²
Volume, LiDAR
569 m³
Parcel 13012A0924/00A004, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Molenstraat 85, 2270 Herenthout
Scientific research and development
since 19992.091.125.901
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13012A0924/00A004 Flanders 585 m² 1 · 98 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 16,798 companies in sector 62100 we hold annual accounts for 8,744. 6,805 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-04-1999
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.