Skip to content

Devamec

Active
Private limited companyfounded 20241 yr activeSnellegemsestraat 15, 8210 Zedelgem, BelgiumKBO/BCE: BE 1017.486.151
Summary

Devamec has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,178 and a net result of €29,178. Its solvency ranks better than 58% of 447 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28300
1 site
Size
€48,747total assets 2025
Equity
€30,178
Profit
€29,178
Turnover not published (abridged schema)
Financial health
70 Healthy Checked score 2025
Bankruptcy chance 12 m
0.9%
Structure
Accounts filed 7 d late0 of 1 deed read
Why 70- Founded in 2024- Size: total assets €48,747+ Liquidity: current ratio 1.78, cash €10,841+ Equity €30,178 (61.9% of total assets)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 74% of its sector peers (NACE 28, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 87
equity 61.9% of total assets
Liquidity 63
short-term debt 34.4% · cash 22.2%
Profitability 100
return on assets 59.9%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (971 companies)
Last 24 months 01-2026: 1.8% 02-2026: 1.8%▲ +2.7% vs 01-2026 03-2026: 1.9%▲ +2.1% vs 02-2026 04-2026: 2.2%▲ +16.8% vs 03-2026 05-2026: 2.3%▲ +5.7% vs 04-2026 06-2026: 2.5%▲ +10.4% vs 05-2026 07-2026: 2.8%▲ +10.4% vs 06-2026highest value 08-2026: 2.8%● 0.0% vs 07-2026highest value 09-2026: 0.9%▼ -69.3% vs 08-2026 10-2026: 0.9%▼ -1.4% vs 09-2026lowest value
  • Founded in 2024 raises the probability for this profile
  • Size: total assets €48,747 raises the probability for this profile
  • Liquidity: current ratio 1.78, cash €10,841 lowers the probability
  • Equity €30,178 (61.9% of total assets) lowers the probability
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.78; short-term debt: 34.4% and cash: 22.2% of total assets), and 38.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 28, micro). Better than this share of them on solvency 65%, liquidity 62%, profitability 95%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Size: total assets €48,747
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.78, cash €10,841
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €30,178 (61.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
7 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2025 · micro…

Financials · fiscal year 2025, micro schema

Equity
€30,178
Total assets
€48,747
Net result
€29,178
Working capital
€13,113

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

Balance-sheet composition
Assets €48,747
Fixed assets €18,852
Current assets €29,895
Equity and liabilities €48,747
Equity €30,178
Debt €18,568
Debt finances 38.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€43,002
Cash flow
€35,270
Current ratio
1.78
Debt to equity
0.62
ROE
96.7%
ROA
59.9%
Interest coverage
259.39
Debt ≤ 1 year
€16,781
Income taxes
€7,615

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 97% 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
97% still going

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,450 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% 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 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€48,747
Fixed assets21/28€18,852
Tangible fixed assets22/27€18,852
Plant, machinery and equipment23€7,546
Furniture and vehicles24€11,307
Current assets29/58€29,895
Amounts receivable within one year40/41€16,366
Trade receivables40€16,366
Cash at bank and in hand54/58€10,841
Deferred charges and accrued income490/1€2,688
Equity and liabilities
Total equity and liabilities10/49€48,747
Equity10/15€30,178
Contributions10/11€1,000
Profit (loss) carried forward14€29,178
Amounts payable17/49€18,568
Amounts payable within one year42/48€16,781
Trade debts44€5,914
Suppliers440/4€5,914
Taxes, remuneration and social security45€8,570
Taxes450/3€8,570
Other amounts payable47/48€2,297
Accrued charges and deferred income492/3€1,787
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,091
Other operating charges640/8€3,759
Gross operating margin9900€46,761
Operating profit (loss)9901€36,910
Financial income75/76B€48
Recurring financial income75€48
Financial charges65/66B€166
Recurring financial charges65€166
Profit (loss) for the period before taxes9903€36,793
Income taxes67/77€7,615
Profit (loss) for the period9904€29,178
Profit (loss) for the period to be appropriated9905€29,178
Appropriation of the result
Profit (loss) to be appropriated9906€29,178

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€6,091
Other operating charges640/8€3,759
Gross operating margin9900€46,761
Operating profit (loss)9901€36,910
Financial income75/76B€48
Recurring financial income75€48
Financial charges65/66B€166
Recurring financial charges65€166
Profit (loss) for the period before taxes9903€36,793
Income taxes67/77€7,615
Profit (loss) for the period9904€29,178
Profit (loss) for the period to be appropriated9905€29,178
Line2025
Assets
Total assets20/58€48,747
Fixed assets21/28€18,852
Tangible fixed assets22/27€18,852
Plant, machinery and equipment23€7,546
Furniture and vehicles24€11,307
Current assets29/58€29,895
Amounts receivable within one year40/41€16,366
Trade receivables40€16,366
Cash at bank and in hand54/58€10,841
Deferred charges and accrued income490/1€2,688
Equity and liabilities
Total equity and liabilities10/49€48,747
Equity10/15€30,178
Contributions10/11€1,000
Profit (loss) carried forward14€29,178
Amounts payable17/49€18,568
Amounts payable within one year42/48€16,781
Trade debts44€5,914
Suppliers440/4€5,914
Taxes, remuneration and social security45€8,570
Taxes450/3€8,570
Other amounts payable47/48€2,297
Accrued charges and deferred income492/3€1,787
Line2025
Profit (loss) for the period9904€29,178
+ Depreciation and write-downs630€6,091
Operating cash flow (approximation)€35,270

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 17 December 2024, Devamec was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
07-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded17-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
28300Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
33170Repair, maintenance and installation of machinery and equipment
33200Installation of industrial machinery and equipment
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95319Other maintenance and repair of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017486151
Also 9925:BE1017486151
Registered 09-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 3 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Zedelgem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,186 m²
Building footprint
110 m²
Volume, LiDAR
648 m³
Parcel 31040A0351/00M000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Devamec
Snellegemsestraat 15, 8210 ZedelgemManufacture of machinery and equipment not elsewhere classified
since 2024unit no. 2.368.739.208
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31040A0351/00M000 Flanders 1,186 m² 1 · 110 m² 10.1 m · 2 fl.
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.