DEVAN
ActiveDEVAN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €619k and a net result of €149k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 9095 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+43
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 6.5 against 4.03 in 2024), and 21.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
78.7%
Return on assets
19%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
29 d early
2024
27 d late
2023
26 d early
2022
28 d late
2021
33 d early
2020
33 d early
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€619k▲ 31.8%
2024 · €470k
2018: €388k
2019: €397k
2020: €439k
2021: €456k
2022: €457k
2023: €416k
2024: €470k
2018 → 2025
Total assets
€787k▲ 23.1%
2024 · €639k
2018: €649k
2019: €1.50M
2020: €1.44M
2021: €1.42M
2022: €687k
2023: €618k
2024: €639k
2018 → 2025
Net result
€149k▲ 180%
2024 · €53k
2018: €10k
2019: €9k
2020: €42k
2021: €17k
2022: €2k
2023: €65k
2024: €53k
2018 → 2025
Working capital
€483k▲ 167%
2024 · €181k
2018: €141k
2019: €403k
2020: €15k
2021: €-11k
2022: €62k
2023: €127k
2024: €181k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€456k-€457k▲ 0.4%€416k▼ 9.0%€470k▲ 12.8%€619k▲ 31.8%
Operating result€41k-€23k▼ 44.1%€90k▲ 290%€71k▼ 21.7%€201k▲ 185%
Net result€17k-€2k▼ 89.3%€65k▲ 3,577%€53k▼ 18.1%€149k▲ 180%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 185% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €787k
Fixed assets
€216k▼ 45.8%
Current assets
€571k▲ 137%
Equity and liabilities €787k
Equity
€619k▲ 31.8%
Debt
€167k▼ 1.2%
The debt ratio falls from 26.5% to 21.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€222k▲
2024 · €102k
Cash flow
€171k▲
2024 · €84k
Solvency
78.7%▲
2024 · 73.5%
Current ratio
6.50▲
2024 · 4.03
Quick ratio
6.50▲
2024 · 4.03
Debt / equity
0.27▼
2024 · 0.36
ROE
24.1%▲
2024 · 11.4%
ROA
19.0%▲
2024 · 8.3%
Interest coverage
134.60▲
2024 · 52.08
Debt
€167k▼
2024 · €169k
Debt ≤ 1 year
€88k▲
2024 · €60k
Debt > 1 year
€78k▼
2024 · €108k
Income taxes
€53k▲
2024 · €18k
Staff costs
€126k▲
2024 · €120k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€639k€787k▲
Fixed assets21/28€398k€216k▼
Tangible fixed assets22/27€398k€215k▼
Land and buildings22€391k€210k▼
Plant, machinery and equipment23€7k€5k▼
Financial fixed assets28€400€400=
Current assets29/58€241k€571k▲
Amounts receivable within one year40/41€17k€23k▲
Trade receivables40€14k€14k▲
Other amounts receivable41€3k€9k▲
Current investments50/53€100k-
Cash at bank and in hand54/58€122k€546k▲
Deferred charges and accrued income490/1€2k€980▼
Equity and liabilities
Total equity and liabilities10/49€639k€787k▲
Equity10/15€470k€619k▲
Contributions10/11€24k€24k=
Reserves13€434k€583k▲
Tax-exempt reserves132€43k€43k=
Distributable reserves133€391k€540k▲
Profit (loss) carried forward14€12k€13k▲
Amounts payable17/49€169k€167k▼
Amounts payable after more than one year17€108k€78k▼
Financial debts170/4€108k€78k▼
Amounts payable within one year42/48€60k€88k▲
Current portion of amounts payable after more than one year42€30k€30k=
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€27k€54k▲
Taxes450/3€15k€34k▲
Remuneration and social security454/9€12k€20k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€120k€126k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€21k▼
Other operating charges640/8€8k€9k▲
Gross operating margin9900€230k€357k▲
Operating profit (loss)9901€71k€201k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€71k€202k▲
Income taxes67/77€18k€53k▲
Profit (loss) for the period9904€53k€149k▲
Profit (loss) for the period to be appropriated9905€53k€149k▲
Appropriation of the result
Profit (loss) to be appropriated9906€65k€162k▲
Profit (loss) brought forward from the previous period14P€12k€12k▲
Transfer to equity691/2€53k€149k▲
To other reserves6921€53k€149k▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €149k ▲180%
Operating result €201k, net result €149k, both a record.
31-12
Financial
Equity above €500kEq €619k ▲31.8%
8 profitable years in a row build equity to €619k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼89.3%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 2.03
Current ratio from 0.71 to 2.03.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ieper · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oostkaai 768904 IeperGround area
3,391 m²
Building footprint
741 m²
Volume, LiDAR
4,721 m³
Parcel 33003B0837/00A000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVAN
since 20162.257.037.372
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003B0837/00A000 | Flanders | 3,391 m² | 1 · 741 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 759 EUR awarded · 759 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 759 EUR |
| 2023 | 1 | 759 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 4,348 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-2016
Fiscal year end31-12
Activities, NACEBEL
95313Repair and fitting of specific motor vehicle parts
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.