Turnover
The micro format states no turnover.
The micro format states no turnover.
Of this, €135,188 falls due within a year.
The last five annual accounts were filed 66 to 68 days before the end of the period.
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 36% of them on solvency, 45% on liquidity, 46% on profitability and 31% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,166 companies had the same profile as DEVAN has now. Each dot stands for 6 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEVAN itself: 1.0% within 12 months.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,166 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.
Liquidity is insufficient, with a current ratio of 0.45 (0.36 in 2024), below 1. Short-term debt is 47% and cash 17.2% of total assets. 87.1% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 67 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DEVAN Staden | €287,641 | €60,699 | 12.9% | - |
| OPHAUTJE Kortrijk | €257,758 | €60,395 | 11.4% | - |
| MONBAR Torhout | €265,751 | €59,867 | 18.2% | - |
| RESTAURANT MARKT 38 Poperinge | €282,159 | €71,796 | -9.0% | - |
| FRIT ONE Maasmechelen | €288,183 | €61,641 | 53.2% | - |
| Castello Lucano Leuven | €285,667 | €63,326 | 32.5% | - |
| QUE PASA Heusden-Zolder | €306,270 | €66,158 | 3.5% | - |
These companies have the same main activity as DEVAN: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €258,000 and €306,000, founded between 2015 and 2018.
DEVAN files the micro format. That format states no turnover. The gross margin fell from €118,713 in 2017 to €60,699 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 ≈ €220,000. Estimated: probably between €170,000 and €270,000.
Higher than 36% of 17,096 companies in 2025.
Higher than 22% of 16,522 companies in 2025.
Higher than 32% of 16,605 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 8 people joined and 8 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
287,641 | 314,374 | 301,090 | 308,246 | 304,386 | 332,954 | 373,350 | 442,501 | 460,809 | |
21/28 |
226,959 | 266,688 | 232,560 | 261,397 | 271,552 | 304,827 | 337,201 | 382,084 | 384,806 | |
22/27 |
226,959 | 266,688 | 232,560 | 261,397 | 271,552 | 304,827 | 337,201 | 382,084 | 384,806 | |
22 |
174,420 | 200,795 | 228,009 | 255,553 | 270,238 | 292,023 | 310,571 | 335,293 | 355,389 | |
23 |
52,026 | 64,836 | 2,950 | 3,698 | - | - | 4,693 | 15,338 | 22,604 | |
24 |
513 | 1,057 | 1,602 | 2,146 | 1,314 | 12,803 | 21,937 | 31,453 | 6,814 | |
29/58 |
60,683 | 47,686 | 68,530 | 46,848 | 32,834 | 28,128 | 36,149 | 60,417 | 76,003 | |
3 |
6,273 | 6,734 | 6,331 | 7,787 | 4,260 | 5,187 | 5,785 | 5,827 | 5,180 | |
30/36 |
6,273 | 6,734 | 6,331 | 7,787 | 4,260 | 5,187 | 5,785 | 5,827 | 5,180 | |
40/41 |
1,910 | 3,348 | 1,328 | 1,507 | 3,332 | 660 | 258 | 135 | 198 | |
40 |
1,677 | 2,982 | 1,328 | 1,507 | 2,339 | - | - | - | - | |
41 |
233 | 366 | - | - | 993 | 660 | 258 | 135 | 198 | |
54/58 |
49,375 | 34,647 | 60,871 | 34,641 | 21,982 | 18,908 | 26,549 | 50,876 | 70,625 | |
490/1 |
3,126 | 2,956 | - | 2,913 | 3,260 | 3,373 | 3,558 | 3,579 | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
287,641 | 314,374 | 301,090 | 308,246 | 304,386 | 332,954 | 373,350 | 442,501 | 460,809 | |
10/15 |
36,975 | 41,190 | 33,789 | 27,349 | 25,355 | 15,350 | 15,117 | 21,764 | 19,378 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | 6,200 | 6,200 | 6,200 | - | - | - | |
1109/19 |
- | - | - | 6,200 | 6,200 | 6,200 | - | - | - | |
13 |
34,990 | 34,990 | 27,589 | 21,149 | 19,155 | 15,160 | 15,160 | 15,160 | 12,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
34,990 | 34,990 | 27,589 | 19,289 | 17,295 | 13,300 | 13,300 | 13,300 | 11,000 | |
14 |
-4,215 | - | - | - | - | -6,010 | -6,243 | 404 | 318 | |
17/49 |
250,666 | 273,184 | 267,300 | 280,896 | 279,032 | 317,604 | 358,233 | 420,737 | 441,431 | |
17 |
115,477 | 142,065 | 119,971 | 142,373 | 145,833 | 167,976 | 198,310 | 231,556 | 234,405 | |
170/4 |
115,477 | 142,065 | 119,971 | 142,373 | 145,833 | 167,976 | 198,310 | 231,556 | 234,405 | |
42/48 |
135,188 | 131,120 | 147,330 | 138,523 | 133,198 | 149,628 | 159,922 | 189,181 | 207,026 | |
42 |
26,587 | 28,182 | 22,403 | 28,215 | 22,143 | 30,334 | 33,246 | 33,246 | 22,143 | |
43 |
- | - | - | 232 | - | - | - | - | - | |
430/8 |
- | - | - | 232 | - | - | - | - | - | |
44 |
21,960 | 6,267 | 8,666 | 4,565 | 1,779 | 945 | 2,073 | 8,226 | 12,073 | |
440/4 |
21,960 | 6,267 | 8,666 | 4,565 | 1,779 | 945 | 2,073 | 8,226 | 12,073 | |
45 |
9,363 | 8,999 | 22,506 | 3,527 | 2,365 | 1,897 | 4,191 | 6,765 | 2,174 | |
450/3 |
3,734 | 8,480 | 12,461 | 2,058 | 1,759 | 1,627 | 4,102 | 4,118 | 2,053 | |
454/9 |
5,629 | 519 | 10,046 | 1,468 | 606 | 270 | 89 | 2,647 | 121 | |
47/48 |
77,279 | 87,671 | 93,755 | 101,985 | 106,912 | 116,452 | 120,413 | 140,944 | 170,637 | |
| Income statement | ||||||||||
76A |
9,216 | - | - | - | - | - | - | - | - | |
9900 |
60,699 | 63,758 | 58,854 | 50,568 | 69,212 | 55,797 | 57,630 | 68,208 | 118,713 | |
62 |
13,368 | 8,533 | 9,653 | 9,745 | 11,867 | 10,281 | 10,738 | 9,055 | 3,407 | |
630 |
39,729 | 35,289 | 28,837 | 28,879 | 29,286 | 38,874 | 47,187 | 48,579 | 94,426 | |
640/8 |
5,911 | 5,044 | 4,264 | 4,673 | 4,550 | 3,051 | 2,591 | 3,027 | 2,393 | |
66A |
- | 572 | - | - | 9,960 | - | - | - | - | |
9901 |
1,690 | 14,321 | 16,100 | 7,271 | 13,550 | 3,591 | -2,885 | 7,547 | 18,486 | |
75/76B |
- | 205 | 131 | 835 | 988 | 1,593 | 1,722 | 1,131 | 653 | |
75 |
- | 205 | 131 | 835 | 988 | 1,593 | 1,722 | 1,131 | 653 | |
65/66B |
5,655 | 4,994 | 4,812 | 4,954 | 4,126 | 4,776 | 5,231 | 5,404 | 5,960 | |
65 |
5,655 | 4,994 | 4,812 | 4,954 | 4,126 | 4,776 | 5,231 | 5,404 | 5,960 | |
9903 |
-3,965 | 9,533 | 11,420 | 3,152 | 10,412 | 408 | -6,394 | 3,274 | 13,178 | |
67/77 |
250 | 2,132 | 4,180 | 1,158 | 408 | 175 | 253 | 889 | - | |
9904 |
-4,215 | 7,401 | 7,240 | 1,995 | 10,004 | 233 | -6,647 | 2,385 | 13,178 | |
9905 |
-4,215 | 7,401 | 7,240 | 1,995 | 10,004 | 233 | -6,647 | 2,385 | 13,178 | |
| Appropriation of the result | ||||||||||
9906 |
-4,215 | 7,401 | 7,240 | 1,995 | 3,995 | -6,010 | -6,243 | 2,704 | 13,178 | |
14P |
- | - | - | - | -6,010 | - | - | - | - | |
691/2 |
- | 7,401 | 6,440 | 1,995 | 3,995 | - | - | 2,300 | 12,860 | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | 7,401 | 6,440 | 1,995 | 3,995 | - | - | 2,300 | 11,000 | |
694/7 |
- | - | 800 | - | - | - | - | - | - | |
694 |
- | - | 800 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
0.7 | - | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | - | 0 | |
Hours worked1013 |
771 | - | 505 | 527 | 483 | 324 | 395 | - | 21 | |
| Document | ||||||||||
The notes to these accounts have 7 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 26-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-05-2026 | 2026-00129558 | |
| 31-12-2024 | micro format | 26-05-2025 | 2025-00118980 | |
| 31-12-2023 | micro format | 24-05-2024 | 2024-00099933 | |
| 31-12-2022 | micro format | 24-05-2023 | 2023-00103875 | |
| 31-12-2021 | micro format | 24-05-2022 | 2022-20044571 | |
| 31-12-2020 | micro format | 25-05-2021 | 2021-15100456 | |
| 31-12-2019 | micro format | 25-05-2020 | 2020-12900372 | |
| 31-12-2018 | micro format | 24-05-2019 | 2019-14800213 | |
| 31-12-2017 | micro format | 24-05-2018 | 2018-14500216 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 41,420 | 49,610 | 44,938 | 36,150 | 42,835 | 42,465 | 44,302 | 56,126 | 112,912 | ||
| 35,515 | 42,689 | 36,077 | 30,874 | 39,290 | 39,107 | 40,540 | 50,964 | 107,605 | ||
| 0 | 69,417 | 0 | 18,724 | 5,971 | 6,500 | 2,304 | 45,856 | 479,233 | ||
| 14,727 | -26,223 | 26,230 | 12,659 | 3,074 | -7,641 | -24,327 | -19,750 | - | ||
| -74,506 | -83,433 | -78,800 | -91,675 | -100,364 | -121,500 | -123,773 | -128,764 | -131,023 | ||
| 12.9% | 13.1% | 11.2% | 8.9% | 8.3% | 4.6% | 4.0% | 4.9% | 4.2% | ||
| 0.45 | 0.36 | 0.47 | 0.34 | 0.25 | 0.19 | 0.23 | 0.32 | 0.37 | ||
| 0.40 | 0.31 | 0.42 | 0.28 | 0.21 | 0.15 | 0.19 | 0.29 | 0.34 | ||
| 6.78 | 6.63 | 7.91 | 10.27 | 11.01 | 20.69 | 23.70 | 19.33 | 22.78 | ||
| -11.4% | 18.0% | 21.4% | 7.3% | 39.5% | 1.5% | -44.0% | 11.0% | 68.0% | ||
| -1.5% | 2.4% | 2.4% | 0.6% | 3.3% | 0.1% | -1.8% | 0.5% | 2.9% | ||
| 7.32 | 9.93 | 9.34 | 7.30 | 10.38 | - | - | - | - |
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.
| Item | 31-12-2025 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| 0.7 | 0.3 | 0.3 | 0.2 | |
| Joined | 8 | 8 | 9 | 6 |
| Left | 8 | 8 | 9 | 6 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €69,417 | - | €18,724 | €5,971 |
| €39,729 | €35,289 | €28,837 | €28,879 | €29,286 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 88% lower than in 2024 and the lowest since 2019. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 86.9% to 87.1%. Equity and debt are lower.
DEVAN has no parent and no holdings in its annual accounts. DEMONIE Sharon is the only director.
The network starts from the directors of DEVAN. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
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 | FASFC approval |
|---|---|---|---|
| Polenstraat 1 registered office 8840 Staden | |||
| Frituur – Eethuis De Flandrien Pennoenstraat 1, 8800 Roeselare | 14-02-2017 | 2.256.264.540 | Chip shop |
| 28-09-2026 | Granted | Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden submitted 20-07-2026 · project 2026088850 | Roeselare |
| 01-12-2025 | Granted | Bouwen of herbouwen; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies submitted 22-07-2025 · project 2025089618 | Roeselare |
| 16-03-2020 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 27-12-2019 · project 2019132443 | Roeselare |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 36014C0083/00K000 | 594 m² | 1 · 117 m² | 8.0 m · 2 |
| 36503C1261/00S004 | 365 m² | 1 · 154 m² | 10.1 m · 2 |
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