DEVAMEAT
ActiveSummary
DEVAMEAT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €143,598. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 87% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-3
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity ample (current ratio 7.49 against 5.35 in 2024; short-term debt: 12.8% and cash: 7.5% of total assets), and 12.8% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.2%
Return on assets
5%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
2 d early
2021
1 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€2.5m▲ 3.9%
2024 · €2.4m
Total assets
€2.9m▼ 2.2%
2024 · €3.0m
Net result
€143,598▼ 20.6%
2024 · €180,818
Working capital
€2.4m▲ 3.9%
2024 · €2.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€127,329€120,567▼ 5.3%€104,996▼ 12.9%€241,012▲ 130%€195,209▼ 19.0%
Net result€112,179above the sector's middle half▲ 133%€97,455above the sector's middle half▼ 13.1%€89,318above the sector's middle half▼ 8.3%€180,818above the sector's middle half▲ 102%€143,598above the sector's middle half▼ 20.6%
Equity€3.0mabove the sector's middle half▲ 3.8%€2.7mabove the sector's middle half▼ 11.1%€2.3mabove the sector's middle half▼ 14.0%€2.4mabove the sector's middle half▲ 4.8%€2.5mabove the sector's middle half▲ 3.9%
Total assets€3.3mabove the sector's middle half▲ 5.0%€3.4mabove the sector's middle half▲ 3.3%€3.1mabove the sector's middle half▼ 10.4%€3.0mabove the sector's middle half▼ 3.0%€2.9mabove the sector's middle half▼ 2.2%
Debt€269,671▲ 19.9%€713,685▲ 165%€736,972▲ 3.3%€533,400▼ 27.6%€371,575▼ 30.3%
Working capital€2.6m▲ 9.7%€2.4m▼ 8.4%€2.2m▼ 7.3%€2.3m▲ 5.0%€2.4m▲ 3.9%
Solvency91.8%above the sector's middle half▼ 1.0pp79.1%above the sector's middle half▼ 12.8pp75.9%above the sector's middle half▼ 3.2pp82.0%above the sector's middle half▲ 6.1pp87.2%above the sector's middle half▲ 5.2pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.9m
Fixed assets
€113,737 ▲ 3.6%
Current assets
€2.8m ▼ 2.5%
Equity and liabilities €2.9m
Equity
€2.5m ▲ 3.9%
Debt
€371,575 ▼ 30.3%
Debt's share of the balance-sheet total falls from 18.0% to 12.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
7.49▲
2024 · 5.35
Debt to equity
0.15▼
2024 · 0.22
ROE
5.7%▼
2024 · 7.4%
ROA
5.0%▼
2024 · 6.1%
Debt ≤ 1 year
€371,575▼
2024 · €533,400
Income taxes
€72,904▼
2024 · €89,707
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 14,684 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €117,113 | €117,113 | €17,331 | - | - | - |
| Other operating charges640/8 | €1,573 | €41,289 | €136,506 | €46,832 | €132,016 | ▲ 182% |
| Gross operating margin9900 | €246,014 | €278,969 | €258,832 | €287,844 | €327,225 | ▲ 13.7% |
| Operating profit (loss)9901 | €127,329 | €120,567 | €104,996 | €241,012 | €195,209 | ▼ 19.0% |
| Financial income75/76B | €16,825 | €15,510 | €25,136 | €29,791 | €22,233 | ▼ 25.4% |
| Recurring financial income75 | €16,825 | €15,510 | €25,136 | €29,791 | €22,233 | ▼ 25.4% |
| Financial charges65/66B | €522 | €416 | €438 | €278 | €940 | ▲ 238% |
| Recurring financial charges65 | €522 | €416 | €438 | €278 | €940 | ▲ 238% |
| Profit (loss) for the period before taxes9903 | €143,632 | €135,661 | €129,694 | €270,524 | €216,502 | ▼ 20.0% |
| Income taxes67/77 | €31,453 | €38,206 | €40,375 | €89,707 | €72,904 | ▼ 18.7% |
| Profit (loss) for the period9904 | €112,179 | €97,455 | €89,318 | €180,818 | €143,598 | ▼ 20.6% |
| Profit (loss) for the period to be appropriated9905 | €112,179 | €97,455 | €89,318 | €180,818 | €143,598 | ▼ 20.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.3m | €3.4m | €3.1m | €3.0m | €2.9m | ▼ 2.2% |
| Fixed assets21/28 | €428,564 | €311,451 | €109,737 | €109,737 | €113,737 | ▲ 3.6% |
| Tangible fixed assets22/27 | €426,762 | €309,649 | €107,935 | €107,935 | €111,935 | ▲ 3.7% |
| Land and buildings22 | €203,556 | €125,265 | €107,935 | €107,935 | €107,935 | = |
| Plant, machinery and equipment23 | - | - | - | - | €4,000 | - |
| Furniture and vehicles24 | €18,222 | - | - | - | - | - |
| Leasing and similar rights25 | €204,984 | €184,384 | - | - | - | - |
| Financial fixed assets28 | €1,802 | €1,802 | €1,802 | €1,802 | €1,802 | = |
| Current assets29/58 | €2.9m | €3.1m | €2.9m | €2.9m | €2.8m | ▼ 2.5% |
| Amounts receivable after more than one year29 | €720,000 | €931,000 | €1.3m | €1.1m | €1.2m | ▲ 5.2% |
| Other amounts receivable291 | €720,000 | €931,000 | €1.3m | €1.1m | €1.2m | ▲ 5.2% |
| Amounts receivable within one year40/41 | €441,847 | €477,533 | €357,949 | €355,648 | €393,247 | ▲ 10.6% |
| Trade receivables40 | €17,422 | €60,684 | €89,044 | €91,491 | €93,176 | ▲ 1.8% |
| Other amounts receivable41 | €424,425 | €416,849 | €268,906 | €264,157 | €300,071 | ▲ 13.6% |
| Current investments50/53 | €911,864 | €1.0m | €1.3m | €1.3m | €1.0m | ▼ 20.4% |
| Cash at bank and in hand54/58 | €800,721 | €680,715 | €50,919 | €123,924 | €216,759 | ▲ 74.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.3m | €3.4m | €3.1m | €3.0m | €2.9m | ▼ 2.2% |
| Equity10/15 | €3.0m | €2.7m | €2.3m | €2.4m | €2.5m | ▲ 3.9% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Capital10 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Issued capital100 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €1.2m | €872,467 | €495,365 | €606,298 | €701,801 | ▲ 15.8% |
| Non-distributable reserves130/1 | €160,260 | €160,260 | €160,260 | €160,260 | €160,260 | = |
| Legal reserve130 | €128,500 | €128,500 | €128,500 | €128,500 | €128,500 | = |
| Reserves not available under the articles1311 | €31,760 | €31,760 | €31,760 | €31,760 | €31,760 | = |
| Distributable reserves133 | €1.0m | €712,207 | €335,105 | €446,038 | €541,541 | ▲ 21.4% |
| Profit (loss) carried forward14 | €540,313 | €540,313 | €540,313 | €540,313 | €540,313 | = |
| Amounts payable17/49 | €269,671 | €713,685 | €736,972 | €533,400 | €371,575 | ▼ 30.3% |
| Amounts payable within one year42/48 | €269,671 | €713,685 | €736,972 | €533,400 | €371,575 | ▼ 30.3% |
| Trade debts44 | €679 | €234 | €47,246 | - | €46,566 | - |
| Suppliers440/4 | €679 | €234 | €47,246 | - | €46,566 | - |
| Taxes, remuneration and social security45 | €68,088 | €77,079 | €25,434 | €55,753 | €39,166 | ▼ 29.8% |
| Taxes450/3 | €68,088 | €77,079 | €25,434 | €55,753 | €39,166 | ▼ 29.8% |
| Other amounts payable47/48 | €200,905 | €636,372 | €664,293 | €477,647 | €285,842 | ▼ 40.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €112,179 | €97,455 | €89,318 | €180,818 | €143,598 | ▼ 20.6% |
| + Depreciation and write-downs630 | €117,113 | €117,113 | €17,331 | - | - | - |
| Operating cash flow (approximation) | €229,292 | €214,568 | €106,649 | €180,818 | €143,598 | ▼ 20.6% |
| Investment in fixed assets (approximation) | - | €0 | €184,384 | €0 | -€4,000 | - |
| Change in cash | - | -€120,006 | -€629,796 | €73,005 | €92,835 | ▲ 27.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €48,096 ▼28%
Net result drops to €48,096, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 237 days late
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 415 days late
2018
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 278 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are 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, Mouscron · 1 establishment unit since 2014
Ground area
1.1 ha
Building footprint
1,767 m²
Parcel 54007B0122/00N000, Wallonia. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
DEVAMEAT
since 20142.237.508.205
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0122/00N000 | Wallonia | 1.1 ha | 1 · 1,767 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 757 companies in sector 46321 we hold annual accounts for 552. 336 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-04-1990
Fiscal year end30-09
Activities, NACEBEL 2025
46321Wholesale of meat and meat products, excluding game and poultry
47221Retail sale of meat and meat products, excluding game and poultry
E-invoicing
Reachable via Peppol
Peppol ID
0208:0440721082
Also
9925:BE0440721082
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.