Equity
€818,324
DEVALO has made a profit without a break since 2022.
DEVALO
Lifetime
18 annual accounts with figures on one time axis, 34 filings since 1991peak €598,488 (2022)
€350,68623 months
lowest -€27,039 (2016)
€224,36623 months
peak €1.2m (2023)
€818,324▼ 31.5%
€281▼ 99.3%
Board5 names since 2015
4 directors and 3 others
Documentsfilings and deeds
05-12-202526 days before the deadline
2025micro format
Financial year from 01-07-2023 to 31-05-2025, 23 monthsRegistered office moved within Bruges 02-07-2024Equity from €1.2m to €818,324Debts from €41,419 to €281
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,135 companies had the same profile as DEVALO has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,135 companies, not a prediction for DEVALO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered office moved within Bruges
New registered office: Breeweg 10, 8310 Brugge (Sint-Kruis) · Previous registered office: Blekerijstraat 44, 8310 Brugge (Assebroek) · General meeting of 25-06-2024 · Gazette deed
2 managers resigning, 2 directors reappointed
Resignations: (manager) and (manager) · Reappointments: (director) and (director) · General meeting of 17-11-2021 · Gazette deed
Registered office moved from Assebroek to Bruges
New registered office: Blekerijstraat 44 te 8310 Brugge (Assebroek) · Previous registered office: Sint Trudostraat 3 te 8310 Assebroek · General meeting of 16-06-2018 · Gazette deed
Changes of role: , and
Permanent representative: · Legal-form conversion: from public limited company to private limited company (pre-2019) · General meeting of 12-09-2015 · Gazette deed
Official details
Source: KBO- Status
- Active since 16-07-1990Normal situation
- Activity
- “Het beheer en het verwerven van een roerend en onroerend vermogen;” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.050.263.1658310 Bruges, since 14-11-1990
- Financial year end
- 31 May
- Peppol
- Not found in the Peppol Directory
Annual accounts to 31-05-2025
- €818,605
- Filing
- Filed on 05-12-2025, 26 days before the end of the filing period
Insights on DEVALO
DEVALO files the micro format. That format states no turnover. The gross margin rose from €13,554 in 2007 to €350,686 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DEVALO
- What is the company number of DEVALO?
- The company number of DEVALO is 0441.523.709. The VAT number is the same number with BE in front: BE 0441.523.709.
- Where is DEVALO based?
- The registered office is at Breeweg 10, 8310 Bruges.Company details
- What is the legal form of DEVALO?
- DEVALO is a private limited company (BV).
- When was DEVALO founded?
- DEVALO was founded on 16-07-1990.
- Is DEVALO still active?
- Yes, DEVALO is an active enterprise in the KBO register.
- What is the turnover of DEVALO?
- The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €350,686 and 875 comparable companies of the same size. It probably lies between €490,000 and €1.0m. It is a rough estimate.Financials
- Is DEVALO profitable?
- In financial year 2025, DEVALO made a profit of €224,366.
- Where can I find the annual accounts of DEVALO?
- DEVALO filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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