DEVAN SERVICES
DEVAN SERVICES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.25M and a net result of €10k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 8388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €1.25M |
| Net result | €10k |
| Better than sector | 81% |
| Active | 35 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 85.6% | 53.1% | |
| Net result | €10k | €38k | |
| Equity | €1.25M | €354k | |
| Gross operating margin | €55k | €87k | |
| Total assets | €1.46M | €923k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €53k | €135k | €64k | €119k | €36k |
| Net profit | €10k | €67k | €18k | €54k | €11k |
| Cash flow | €25k | €84k | €35k | €71k | €28k |
| Staff costs | - | - | - | - | - |
| Income taxes | €14k | €35k | €9k | €26k | €5k |
| Dividends | - | - | - | - | - |
| Total assets | €1.46M | €1.46M | €1.37M | €1.67M | €2.03M |
| Equity | €1.25M | €1.24M | €1.17M | €1.15M | €1.10M |
| Debt | €210k | €219k | €198k | €514k | €932k |
| of which ≤ 1y | €210k | €219k | €198k | €514k | €932k |
| of which > 1y | - | - | - | - | - |
| Working capital | €47k | €22k | €-62k | €-97k | €-168k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.22 | 1.10 | 0.69 | 0.81 | 0.82 |
| Quick ratio | 1.22 | 1.10 | 0.69 | 0.81 | 0.82 |
| Working capital ratio | 3.2% | 1.5% | -4.5% | -5.8% | -8.3% |
| Solvency | 85.6% | 85.0% | 85.5% | 69.2% | 54.1% |
| Debt / equity | 0.17 | 0.18 | 0.17 | 0.45 | 0.85 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 3.73 | 8.17 | 3.18 | 4.00 | 3.36 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.7% | 4.6% | 1.3% | 3.3% | 0.5% |
| ROE | 0.8% | 5.4% | 1.5% | 4.7% | 1.0% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.46M | €1.46M | €1.37M | €1.67M | €2.03M |
| Fixed assets | 21/28 | €1.20M | €1.22M | €1.23M | €1.25M | €1.27M |
| Tangible fixed assets | 22/27 | €0 | €15k | €32k | €49k | €66k |
| Financial fixed assets | 28 | €1.20M | €1.20M | €1.20M | €1.20M | €1.20M |
| Current assets | 29/58 | €258k | €241k | €136k | €417k | €764k |
| Amounts receivable within one year | 40/41 | €27k | €31k | €5k | €404k | €349k |
| Cash & bank | 54/58 | €229k | €207k | €128k | €13k | €412k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.46M | €1.46M | €1.37M | €1.67M | €2.03M |
| Equity | 10/15 | €1.25M | €1.24M | €1.17M | €1.15M | €1.10M |
| Contributions / capital | 10/11 | €70k | €70k | €70k | €70k | €70k |
| Reserves | 13 | €1.18M | €1.17M | €1.10M | €1.08M | €1.03M |
| Amounts payable | 17/49 | €210k | €219k | €198k | €514k | €932k |
| Amounts payable within one year | 42/48 | €210k | €219k | €198k | €514k | €932k |
| Trade debts payable within one year | 44 | €380 | €19k | €380 | €854 | €16k |
| Income statement | ||||||
| Gross operating margin | 9900 | €55k | €139k | €65k | €120k | €37k |
| Operating result | 9901 | €38k | €118k | €47k | €102k | €19k |
| Financial income | 75 | €171 | €621 | €0 | €8k | €8k |
| Financial charges | 65 | €14k | €17k | €20k | €30k | €11k |
| Result before taxes | 9903 | €24k | €102k | €27k | €81k | €16k |
| Income taxes | 67/77 | €14k | €35k | €9k | €26k | €5k |
| Net result for the period | 9904 | €10k | €67k | €18k | €54k | €11k |
| Result to be appropriated | 9905 | €10k | €67k | €18k | €54k | €11k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Public limited company(014) |
| Incorporation | 18-10-1990 |
| Status | Active |
| Postal code | 8870 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494E0541/00E000 | Flanders | 1.3 ha | 1 · 7,139 m² | 10.9 m · 3 fl. |
| 36494E1299/00F000 | Flanders | 6,830 m² | 1 · 2,390 m² | 28.5 m · 2 fl. |
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.
09-06-2022 Share split
Technical details
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"notary": {
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},
"act_meta": {
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"filing_date": "2022-06-07",
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},
"decision": {
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"underlying_resolution_date": "2022-04-29"
},
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"subject_company": {
"kbo": "0442.282.584",
"name_full": "DEVAN SERVICES",
"legal_form": "Naamloze vennootschap",
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"co_filed_documents": [
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"shareholders_after": [],
"share_classes_after": [
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]
}| Legal nameNL | DEVAN SERVICES |