Equity
DEVALO has made a profit without a break since 2022.
In July 2024, 20,135 companies had the same profile as DEVALO has now. Each dot stands for 51 companies, two years later.
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.
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.
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.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €700,000. Estimated: probably between €490,000 and €1.0m.
| Line | Trend | 202523 months | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
818,605 | 1.2m | 1.1m | 534,176 | 548,038 | 568,995 | 576,938 | 590,858 | 607,001 | 648,909 | 594,191 | 614,706 | 639,963 | 659,102 | 674,510 | 700,363 | 692,176 | 726,693 | |
21/28 |
57,779 | 145,379 | 197,739 | 320,104 | 344,744 | 375,362 | 407,756 | 416,925 | 423,334 | 453,266 | 469,089 | 483,981 | 521,514 | 559,048 | 537,265 | 569,607 | 592,795 | 592,700 | |
22/27 |
52,319 | 125,746 | 178,105 | 300,471 | 325,111 | 355,728 | 388,123 | 397,292 | 403,701 | 433,632 | 449,456 | 464,348 | 501,881 | 539,414 | 517,632 | 549,974 | 573,162 | 573,067 | |
22 |
52,319 | 125,746 | 178,105 | 300,471 | 325,111 | 355,728 | 387,374 | 395,794 | 401,454 | 433,632 | 449,456 | 464,348 | 501,712 | 539,077 | 517,126 | 549,047 | 571,288 | 571,535 | |
23 |
- | - | - | - | - | - | 749 | 1,498 | 2,247 | - | - | - | 169 | 337 | 506 | 927 | 1,874 | 1,532 | |
28 |
5,460 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | 19,633 | |
29/58 |
760,827 | 1.1m | 907,059 | 214,071 | 203,294 | 193,634 | 169,181 | 173,932 | 183,666 | 195,644 | 125,103 | 130,725 | 118,449 | 100,054 | 137,245 | 130,756 | 99,381 | 133,992 | |
40/41 |
129,530 | 85,926 | 492,655 | 3,271 | - | - | 46 | 46 | 46 | 36 | 24,750 | 30,000 | 30,000 | 520 | - | 699 | - | 395 | |
40 |
- | 2,743 | 492,127 | 2,743 | - | - | - | - | - | - | - | - | - | 520 | - | 699 | - | 146 | |
41 |
129,530 | 83,183 | 528 | 528 | - | - | 46 | 46 | 46 | 36 | 24,750 | 30,000 | 30,000 | - | - | - | - | 249 | |
50/53 |
631,297 | 1.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
- | - | 414,404 | 210,801 | 203,294 | 193,634 | 169,135 | 173,886 | 183,620 | 195,608 | 100,353 | 96,744 | 87,149 | 93,576 | 137,245 | 130,057 | 98,156 | 133,597 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | 3,981 | 1,300 | 5,958 | - | - | 1,225 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
818,605 | 1.2m | 1.1m | 534,176 | 548,038 | 568,995 | 576,938 | 590,858 | 607,001 | 648,909 | 594,191 | 614,706 | 639,963 | 659,102 | 674,510 | 700,363 | 692,176 | 726,693 | |
10/15 |
818,324 | 1.2m | 942,574 | 496,138 | 510,115 | 531,543 | 538,234 | 544,966 | 551,696 | 578,734 | 479,954 | 486,467 | 507,480 | 528,271 | 539,951 | 549,713 | 547,168 | 565,826 | |
10/11 |
150,001 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | |
100 |
- | - | - | - | - | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | 749,927 | |
13 |
668,323 | 443,957 | 192,647 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | |
130/1 |
- | - | 760 | 760 | 760 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | 760 | |
1311 |
- | - | 760 | 760 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | 760 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
668,323 | 443,957 | 191,887 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
- | - | - | -254,549 | -240,572 | -219,144 | -212,453 | -205,721 | -198,992 | -171,953 | -270,733 | -264,220 | -243,207 | -222,416 | -210,737 | -200,974 | -203,520 | -184,861 | |
17/49 |
281 | 41,419 | 162,223 | 38,037 | 37,923 | 37,452 | 38,703 | 45,892 | 55,305 | 70,175 | 114,238 | 128,239 | 132,483 | 130,831 | 134,560 | 150,650 | 145,008 | 160,866 | |
42/48 |
281 | 41,072 | 161,876 | 37,690 | 37,468 | 37,452 | 38,703 | 45,892 | 55,305 | 70,175 | 114,238 | 128,239 | 132,483 | 130,831 | 134,560 | 150,650 | 145,008 | 160,866 | |
42 |
- | 37,452 | 37,452 | 37,452 | 37,452 | - | - | - | - | - | 104,884 | 109,810 | 113,820 | 114,715 | 114,602 | 114,602 | 116,983 | 115,927 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | 349 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | 349 | - | - | - | - | - | |
44 |
- | 2,844 | 60 | 222 | 16 | - | 1,811 | - | 677 | - | 931 | 182 | 1,271 | 276 | - | - | - | - | |
440/4 |
- | 2,844 | 60 | 222 | 16 | - | 1,811 | - | 677 | - | 931 | 182 | 1,271 | 276 | - | - | - | - | |
45 |
- | - | 124,347 | - | - | - | - | - | - | - | 8,423 | 8,423 | 7,220 | 6,017 | 4,813 | 8,673 | 7,469 | 6,241 | |
450/3 |
- | - | - | - | - | - | - | - | - | - | 8,423 | 8,423 | 7,220 | 6,017 | 4,813 | 8,673 | 7,469 | 6,241 | |
454/9 |
- | - | 124,347 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
281 | 776 | 16 | 16 | - | 37,452 | 36,892 | 45,892 | 54,628 | 70,175 | - | 9,823 | 9,823 | 9,823 | 15,144 | 27,375 | 20,556 | 38,698 | |
492/3 |
- | 348 | 348 | 348 | 455 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||||
76A |
334,721 | - | 594,783 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
350,686 | -2,109 | 598,488 | 18,146 | 16,144 | 26,614 | 36,630 | 30,586 | 23,745 | 136,392 | 27,863 | 27,699 | 28,578 | 35,490 | 27,684 | 45,596 | 22,615 | 13,554 | |
60/61 |
- | - | - | - | - | 17,053 | 17,572 | 17,671 | 32,870 | 19,983 | 18,276 | 14,079 | 15,551 | 8,119 | 15,116 | 13,846 | 10,010 | 13,833 | |
630 |
8,148 | 9,464 | 17,149 | 24,640 | 30,618 | 32,395 | 32,395 | 31,874 | 29,932 | 29,932 | 29,002 | 37,533 | 37,533 | 37,999 | 32,342 | 33,470 | 32,442 | 28,826 | |
640/8 |
4,910 | 6,696 | 11,140 | 9,161 | 7,497 | 2,188 | 12,626 | 6,232 | 5,386 | 5,616 | 5,695 | 4,552 | 8,472 | 5,506 | 5,686 | 6,366 | 4,454 | 5,213 | |
9901 |
337,627 | -18,269 | 570,200 | -15,654 | -21,971 | -7,969 | -8,390 | -7,521 | -11,573 | 100,845 | -6,834 | -14,387 | -17,428 | -8,014 | -10,344 | 5,760 | -14,281 | -20,485 | |
75/76B |
11,212 | 388,064 | 960 | 1,760 | 279 | 1,203 | 2,054 | 1,416 | 318 | 116 | 439 | 736 | 4,473 | 5,168 | 8,906 | 4,916 | 4,276 | 4,582 | |
75 |
11,212 | 960 | 960 | 1,760 | 279 | 1,203 | 2,054 | 1,416 | 318 | 116 | 439 | 736 | 4,473 | 5,168 | 8,906 | 4,916 | 4,276 | 4,582 | |
76B |
- | 387,104 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
14,341 | 92 | 89 | 83 | 95 | 134 | 155 | 250 | 15,784 | 1,156 | 163 | 8,188 | 8,183 | 8,249 | 8,246 | 8,259 | 8,444 | 8,502 | |
65 |
167 | 92 | 89 | 83 | 95 | 134 | 155 | 250 | 15,784 | 1,156 | 163 | 8,188 | 8,183 | 8,249 | 8,246 | 8,259 | 8,444 | 8,502 | |
66B |
14,173 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
334,498 | 369,703 | 571,071 | -13,977 | -21,788 | -6,901 | -6,491 | -6,355 | -27,039 | 99,805 | -6,558 | -21,839 | -21,138 | -11,096 | -9,684 | 2,418 | -18,449 | -24,405 | |
67/77 |
110,132 | 117,633 | 124,635 | - | -360 | -210 | 241 | 375 | - | 1,024 | -45 | -825 | -347 | 584 | 78 | -128 | 209 | 278 | |
9904 |
224,366 | 252,070 | 446,436 | -13,977 | -21,428 | -6,691 | -6,732 | -6,730 | -27,039 | 98,781 | -6,513 | -21,014 | -20,791 | -11,679 | -9,762 | 2,545 | -18,659 | -24,683 | |
9905 |
224,366 | 252,070 | 446,436 | -13,977 | -21,428 | -6,691 | -6,732 | -6,730 | -27,039 | 98,781 | -6,513 | -21,014 | -20,791 | -11,679 | -9,762 | 2,545 | -18,659 | -24,683 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
224,366 | 252,070 | 191,887 | -254,549 | -240,572 | -219,144 | -212,453 | -205,721 | -198,992 | -171,953 | -270,733 | -264,220 | -243,207 | -222,416 | -210,737 | -200,974 | -203,520 | -184,861 | |
14P |
- | - | -254,549 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 760 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
224,366 | 252,070 | 191,887 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
224,366 | 252,070 | 191,887 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | 760 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 760 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||
The accounts for 16 older financial years (1991-2006) were filed as documents without figures as data, scans for example.
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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 05-12-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-05-2025 | micro format | 05-12-2025 | 2025-00577214 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00026886 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00023343 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-04000367 | |
| 30-06-2020 | micro format | 16-02-2021 | 2021-05400330 | |
| 30-06-2019 | micro format | 17-12-2019 | 2019-76300204 | |
| 30-06-2018 | micro format | 21-11-2018 | 2018-72600375 | |
| 30-06-2017 | abbreviated format | 04-12-2017 | 2017-71100121 | |
| 30-06-2016 | abbreviated format | 22-11-2016 | 2016-68200453 | |
| 30-06-2015 | abbreviated format | 16-10-2015 | 2015-65000162 | |
| 30-06-2014 | abbreviated format | 08-12-2014 | 2014-68600600 | |
| 30-06-2013 | abbreviated format | 20-12-2013 | 2013-69600222 | |
| 30-06-2012 | abbreviated format | 19-12-2012 | 2012-67200254 | |
| 30-06-2011 | abbreviated format | 23-12-2011 | 2011-65100435 | |
| 30-06-2010 | abbreviated format | 13-12-2010 | 2010-63100420 | |
| 30-06-2009 | abbreviated format | 05-01-2010 | 2010-00400255 | |
| 30-06-2008 | abbreviated format | 14-01-2009 | 2009-01100338 | |
| 30-06-2007 | abbreviated format | 07-01-2008 | 2008-00800199 | |
| 30-06-2006 | abbreviated format | 22-12-2006 | 2006-92800398 | |
| 30-06-2005 | abbreviated format | 23-12-2005 | 2005-91303872 | |
| 30-06-2004 | abbreviated format | 23-12-2004 | 2004-87503655 | |
| 30-06-2003 | abbreviated format | 09-02-2004 | 2004-04102605 | |
| 30-06-2002 | abbreviated format | 16-12-2002 | 2002-76804552 | |
| 30-06-2001 | abbreviated format | 18-01-2002 | 2002-01804698 | |
| 30-06-2000 | abbreviated format | 01-03-2001 | 2001-05403306 | |
| 30-06-1999 | abbreviated format | 17-03-2000 | 2000-06700175 | |
| 30-06-1998 | abbreviated format | 17-03-2000 | 2000-06700187 | |
| 30-06-1997 | abbreviated format | 17-03-2000 | 2000-06700199 | |
| 30-06-1996 | abbreviated format | 30-12-1996 | 1996-55103546 | |
| 30-06-1995 | abbreviated format | 14-12-1995 | 1995-59802836 | |
| 30-06-1994 | abbreviated format | 28-12-1994 | 1994-51501260 | |
| 30-06-1993 | abbreviated format | 20-04-1994 | 1994-06600038 | |
| 30-06-1992 | abbreviated format | 28-02-1994 | 1994-03200915 | |
| 30-06-1991 | abbreviated format | 23-11-1992 | 1992-38504956 |
| Line | Trend | 202523 months | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 345,775 | -8,805 | 587,348 | 8,985 | 8,646 | 24,425 | 24,005 | 24,354 | 18,359 | 130,777 | 22,168 | 23,147 | 20,106 | 29,984 | 21,998 | 39,230 | 18,161 | 8,341 | ||
| 232,514 | 261,534 | 463,585 | 10,662 | 9,190 | 25,703 | 25,663 | 25,145 | 2,893 | 128,712 | 22,489 | 16,520 | 16,743 | 26,319 | 22,579 | 36,015 | 13,783 | 4,143 | ||
| -79,452 | -42,896 | -105,217 | 0 | 0 | 0 | 23,225 | 25,466 | 0 | 14,108 | 14,110 | 0 | 0 | 59,781 | 0 | 10,282 | 32,536 | 48,859 | ||
| - | - | 203,604 | 7,506 | 9,660 | 24,498 | -4,751 | -9,734 | -11,988 | 95,255 | 3,609 | 9,594 | -6,427 | -43,669 | 7,188 | 31,901 | -35,441 | - | ||
| 760,545 | 1.0m | 745,183 | 176,381 | 165,826 | 156,182 | 130,478 | 128,041 | 128,361 | 125,469 | 10,865 | 2,486 | -14,034 | -30,777 | 2,685 | -19,894 | -45,627 | -26,874 | ||
| 100.0% | 96.6% | 85.3% | 92.9% | 93.1% | 93.4% | 93.3% | 92.2% | 90.9% | 89.2% | 80.8% | 79.1% | 79.3% | 80.2% | 80.1% | 78.5% | 79.1% | 77.9% | ||
| - | 26.54 | 5.60 | 5.68 | 5.43 | 5.17 | 4.37 | 3.79 | 3.32 | 2.79 | 1.10 | 1.02 | 0.89 | 0.76 | 1.02 | 0.87 | 0.69 | 0.83 | ||
| 0.00 | 0.03 | 0.17 | 0.08 | 0.07 | 0.07 | 0.07 | 0.08 | 0.10 | 0.12 | 0.24 | 0.26 | 0.26 | 0.25 | 0.25 | 0.27 | 0.27 | 0.28 | ||
| 27.4% | 21.1% | 47.4% | -2.8% | -4.2% | -1.3% | -1.3% | -1.2% | -4.9% | 17.1% | -1.4% | -4.3% | -4.1% | -2.2% | -1.8% | 0.5% | -3.4% | -4.4% | ||
| 27.4% | 20.4% | 40.4% | -2.6% | -3.9% | -1.2% | -1.2% | -1.1% | -4.5% | 15.2% | -1.1% | -3.4% | -3.2% | -1.8% | -1.4% | 0.4% | -2.7% | -3.4% | ||
| over 100 | -95.50 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | 38 days | - | 8 days | - | 19 days | 5 days | 30 days | 12 days | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €818,605, equity €818,324).
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.
The operating result for 2025 is €337,627, against a loss of €18,269 in 2023. Comparable figures for the intervening years are unavailable.
Debt's share of the balance-sheet total falls from 3.4% to 0.0%. Equity and debt are lower.
DEVALO has no parent and no holdings in its annual accounts. DEVALO shares no director with another company.
| Verhelst, Tania (sole trader)
establishment since 01-10-2020 |
founded in 2020 0754.719.485 |
| Ledent, Ronald (sole trader)
establishment since 01-04-1993 |
founded in 1993 0789.025.516 |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Breeweg 10 registered office 8310 Bruges | ||
| Sint-Trudostraat 3 8310 Bruges 68201 Renting and operating of own or leased residential real estate, excluding social housing | 14-11-1990 | 2.050.263.165 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31029B0406/00F000 | 1,566 m² | 1 · 187 m² | 14.6 m · 2 |
| 31434C0463/00D006 | 210 m² | 1 · 131 m² | 9.2 m · 1 |
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