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DEVAN

Active Private limited companyfounded 1990active for 36 yearsWestlaan 255, 8800 RoeselareKBO/BCE: BE 0440.938.838

Lifetime

18 annual accounts with figures on one time axis, 34 filings since 1991
peak €51,454 (2014)
€31,121▲ 8.7%
peak €44,076 (2014)
€16,981▲ 3.1%
peak €164,139 (2019)
€133,023▲ 14.6%
€12,026▼ 15.3%
Board2 names since 2017
1 director
Owners
50%
Documentsfilings and deeds
10-12-202521 days before the deadline
2025micro format
Equity from €116,041 to €133,023Debts from €14,193 to €12,026

Key points

from the 2025 annual accounts

Equity

€133,023 ▲ 14.6%

DEVAN has made a profit in every financial year since 2007.

Liquidity

9.05 was 5.87 in 2024

Short-term debts fell from €10,844 to €8,816.

Filings

34 annual accounts since 1991
deadline200020102020

The last five annual accounts were filed 9 to 21 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as DEVAN has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

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.

The companies in ten equal groups, from the lowest to the 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% 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 31,386 companies, not a prediction for DEVAN. 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

Board and ownership

Director
  • 50%score equity €468,541 (2025) · 31-05-2025 annual accounts of
Board & ownership

Recent changes

Change of role: , from manager to director Director discharge: (manager) · General meeting of 30-06-2020 · Gazette deed
New manager appointed, resigned · Permanent representative: · General meeting of 31-12-2016 · Gazette deed
First establishment DEVAN BVBA, Westlaan 257, Roeselare
Incorporation published on 22-06-1990 · Gazette deed
All 45 events

Official details

Source: KBO
Status
Active since 28-05-1990Normal situation
Activity
“Het bouwen en verbouwen, aan- en verkoop, huur en verhuur van alle onroerende goederen.” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
Establishment unit
2.052.648.4748800 Roeselare, since 28-06-1990
Financial year end
31 May
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-05-2025

≈ €130,000estimated
€145,049▲ 11.4%
Filing
Filed on 10-12-2025, 21 days before the end of the filing period
Financials

Insights on DEVAN

DEVAN files the micro format. That format states no turnover. The gross margin rose from €19,234 in 2007 to €31,121 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 DEVAN

What is the company number of DEVAN?
The company number of DEVAN is 0440.938.838. The VAT number is the same number with BE in front: BE 0440.938.838.
Where is DEVAN based?
The registered office is at Westlaan 255, 8800 Roeselare.Company details
What is the legal form of DEVAN?
DEVAN is a private limited company (BV).
When was DEVAN founded?
DEVAN was founded on 28-05-1990.
Is DEVAN still active?
Yes, DEVAN is an active enterprise in the KBO register.
What is the turnover of DEVAN?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €31,121 and 2,935 comparable companies of the same size. It probably lies between €75,000 and €230,000. It is a rough estimate.Financials
Is DEVAN profitable?
In financial year 2025, DEVAN made a profit of €16,981.
Where can I find the annual accounts of DEVAN?
DEVAN filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEVAN due?
DEVAN must file the annual accounts for financial year 2026 by 31-12-2026.Timeline

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