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DEVAHA

Active
Private limited companyfounded 2025active for 1 yearLindestraat(Wak) 19, 8720 Dentergem, BelgiumKBO/BCE: BE 1018.473.076
Summary

DEVAHA has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,643 and a net result of €24,143. Its solvency ranks better than 61% of 1,150 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2025, micro format

Equity
€23,643
Total assets
€42,132
Net result
€24,143
Working capital
€15,437

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

Balance-sheet composition
Assets €42,132
Fixed assets €8,206
Current assets €33,926
Equity and liabilities €42,132
Equity €23,643
Debt €18,489
Debt finances 43.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€33,697
Cash flow
€26,802
Current ratio
1.83
Debt to equity
0.78
ROE
102.1%
ROA
57.3%
Interest coverage
over 100
Debt ≤ 1 year
€18,489
Income taxes
€6,712

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.3% 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 497,474 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 11,280 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€42,132
Fixed assets21/28€8,206
Tangible fixed assets22/27€8,206
Furniture and vehicles24€8,206
Current assets29/58€33,926
Amounts receivable within one year40/41€16,703
Trade receivables40€16,703
Cash at bank and in hand54/58€17,091
Deferred charges and accrued income490/1€132
Equity and liabilities
Total equity and liabilities10/49€42,132
Equity10/15€23,643
Contributions10/11€2,500
Reserves13€21,143
Distributable reserves133€21,143
Profit (loss) carried forward14€0
Amounts payable17/49€18,489
Amounts payable within one year42/48€18,489
Trade debts44€361
Suppliers440/4€361
Taxes, remuneration and social security45€15,057
Taxes450/3€15,057
Other amounts payable47/48€3,071
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,659
Other operating charges640/8€119
Gross operating margin9900€33,816
Operating profit (loss)9901€31,037
Financial charges65/66B€183
Recurring financial charges65€183
Profit (loss) for the period before taxes9903€30,854
Income taxes67/77€6,712
Profit (loss) for the period9904€24,143
Profit (loss) for the period to be appropriated9905€24,143
Appropriation of the result
Profit (loss) to be appropriated9906€24,143
Transfer to equity691/2€21,143
To other reserves6921€21,143
Profit to be distributed694/7€3,000
Return on contributions (dividend)694€3,000

The notes to these accounts (5 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€2,659
Other operating charges640/8€119
Gross operating margin9900€33,816
Operating profit (loss)9901€31,037
Financial charges65/66B€183
Recurring financial charges65€183
Profit (loss) for the period before taxes9903€30,854
Income taxes67/77€6,712
Profit (loss) for the period9904€24,143
Profit (loss) for the period to be appropriated9905€24,143
Line2025
Assets
Total assets20/58€42,132
Fixed assets21/28€8,206
Tangible fixed assets22/27€8,206
Furniture and vehicles24€8,206
Current assets29/58€33,926
Amounts receivable within one year40/41€16,703
Trade receivables40€16,703
Cash at bank and in hand54/58€17,091
Deferred charges and accrued income490/1€132
Equity and liabilities
Total equity and liabilities10/49€42,132
Equity10/15€23,643
Contributions10/11€2,500
Reserves13€21,143
Distributable reserves133€21,143
Profit (loss) carried forward14€0
Amounts payable17/49€18,489
Amounts payable within one year42/48€18,489
Trade debts44€361
Suppliers440/4€361
Taxes, remuneration and social security45€15,057
Taxes450/3€15,057
Other amounts payable47/48€3,071
Line2025
Profit (loss) for the period9904€24,143
+ Depreciation and write-downs630€2,659
Operating cash flow (approximation)€26,802

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 30-06-2026 2026-00219341

Similar companies · same sector, comparable size

Of the 3,147 active companies whose main activity is logistics services (NACE 52250), figures are known for 1,946. 897 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.