DEVANBO
ActiveFrom the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of DEVANBO is 7.4% (elevated). The 2025 annual accounts show negative equity (-€22,367) and a net result of -€27,162. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 5% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 09-01-2017 Normal situation
- Legal form
- Private limited company
- Registered office
- Wielsbekestraat 3, 8780 Oostrozebeke
- Activity
- Floor and wall tiling NACE 43331and 1 other
- Establishment unit
- 2.264.384.034 8710 Wielsbeke, since 09-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- 7.4%
- Gross margin
- €367
- ▼ 98.1%
- Turnover
- ≈ €3,700
- estimated
- Loss
- €27,162
- Equity
- -€22,367
- Total assets
- €92,164
- ▲ 4.7%
Why 31raises riskLast filed accounts filed 54 days late; 1 of the last 3 late1 change of registered office in 24 monthsLiquidity: current ratio 0.61lowers riskSize: total assets €92,164Show the evidence
Checked score
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 5% on solvency, 1% on liquidity, 4% on profitability and 0% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 16 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed late (54 days) Filed on 23 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00538086.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 23-09-2026
- Format
- micro format
- Reference
- 2026-00538086
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €15,614 after €9,293 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,007 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83.0% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 7.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,007 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,397 | €5,395 | €3,063 | €3,063 | €0 | €1,034 | €7,877 | €13,580 | ▲ 72.4% |
| Other operating charges640/8 | - | - | - | €560 | €443 | €50 | €1,831 | €2,401 | ▲ 31.1% |
| Gross operating margin9900 | -€34,347 | €12,955 | €2,822 | €10,892 | €22,824 | €13,416 | €19,001 | €367 | ▼ 98.1% |
| Operating profit (loss)9901 | -€43,144 | €7,560 | -€1,453 | €7,269 | €22,381 | €12,332 | €9,293 | -€15,614 | - |
| Financial income75/76B | - | - | - | €20 | €32 | €71 | €122 | €30 | ▼ 75.8% |
| Recurring financial income75 | €92 | €72 | €30 | €20 | €32 | €71 | €122 | €30 | ▼ 75.8% |
| Financial charges65/66B | - | - | - | €3,038 | €2,490 | €1,921 | €3,567 | €6,660 | ▲ 86.7% |
| Recurring financial charges65 | €2,750 | €3,441 | €3,497 | €3,038 | €2,490 | €1,921 | €3,567 | €6,660 | ▲ 86.7% |
| Profit (loss) for the period before taxes9903 | -€45,802 | €4,191 | -€4,920 | €4,252 | €19,923 | €10,482 | €5,848 | -€22,244 | - |
| Income taxes67/77 | €228 | €308 | €272 | €279 | €2,425 | - | €1,808 | €4,917 | ▲ 172% |
| Profit (loss) for the period9904 | -€46,030 | €3,883 | -€5,192 | €3,973 | €17,499 | €10,482 | €4,040 | -€27,162 | - |
| Profit (loss) for the period to be appropriated9905 | -€46,030 | €3,883 | -€5,192 | €3,973 | €17,499 | €10,482 | €4,040 | -€27,162 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €26,496 | €36,212 | €17,112 | €9,776 | €14,012 | €29,067 | €87,994 | €92,164 | ▲ 4.7% |
| Fixed assets21/28 | €11,521 | €6,126 | €3,063 | €1 | €0 | €5,663 | €53,991 | €41,464 | ▼ 23.2% |
| Intangible fixed assets21 | €1 | €1 | €1 | €1 | €0 | €0 | €0 | €0 | ▼ 50.0% |
| Tangible fixed assets22/27 | €11,520 | €6,125 | €3,062 | - | - | €5,662 | €53,991 | €41,464 | ▼ 23.2% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €8,668 | €7,873 | ▼ 9.2% |
| Furniture and vehicles24 | - | - | - | - | - | €5,662 | €3,430 | €1,198 | ▼ 65.1% |
| Leasing and similar rights25 | - | - | - | - | - | - | €41,893 | €32,393 | ▼ 22.7% |
| Current assets29/58 | €14,975 | €30,086 | €14,049 | €9,775 | €14,012 | €23,404 | €34,003 | €50,700 | ▲ 49.1% |
| Stocks and contracts in progress3 | €2,385 | €3,310 | €3,035 | €1,885 | €875 | €3,613 | €2,138 | €4,025 | ▲ 88.3% |
| Stocks30/36 | - | - | - | €1,885 | €875 | €3,613 | €2,138 | €4,025 | ▲ 88.3% |
| Amounts receivable within one year40/41 | €10,677 | €26,776 | €3,747 | €6,202 | €13,137 | €14,708 | €31,494 | €46,675 | ▲ 48.2% |
| Trade receivables40 | - | - | - | €4,684 | €4,288 | €6,928 | €16,429 | €46,095 | ▲ 181% |
| Other amounts receivable41 | - | - | - | €1,518 | €8,848 | €7,780 | €15,065 | €580 | ▼ 96.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,688 | - | €5,083 | €371 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €26,496 | €36,212 | €17,112 | €9,776 | €14,012 | €29,067 | €87,994 | €92,164 | ▲ 4.7% |
| Equity10/15 | -€29,891 | -€26,008 | -€31,200 | -€27,226 | -€9,728 | €754 | €4,794 | -€22,367 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€48,491 | -€44,608 | -€49,800 | -€45,826 | -€28,328 | -€17,846 | -€13,806 | -€40,967 | ▼ 197% |
| Amounts payable17/49 | €56,387 | €62,220 | €48,312 | €37,002 | €23,740 | €28,312 | €83,200 | €114,531 | ▲ 37.7% |
| Amounts payable after more than one year17 | €4,092 | - | - | - | - | - | €40,804 | €29,944 | ▼ 26.6% |
| Financial debts170/4 | - | - | - | - | - | - | €40,804 | €29,944 | ▼ 26.6% |
| Amounts payable within one year42/48 | €45,030 | €58,203 | €41,689 | €35,720 | €20,721 | €23,055 | €37,191 | €83,261 | ▲ 124% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,642 | €4,174 | - | €10,105 | €10,861 | ▲ 7.5% |
| Financial debts43 | - | - | - | - | €9,721 | €14,548 | €5,651 | €10,286 | ▲ 82.0% |
| Credit institutions430/8 | - | - | - | - | €9,721 | €14,548 | €5,651 | €10,286 | ▲ 82.0% |
| Trade debts44 | €12,013 | €24,690 | €12,856 | €5,473 | €2,358 | €3,883 | €15,717 | €42,534 | ▲ 171% |
| Suppliers440/4 | - | - | - | €5,473 | €2,358 | €3,883 | €15,717 | €42,534 | ▲ 171% |
| Taxes, remuneration and social security45 | - | - | - | €2,066 | €4,468 | €4,625 | €5,718 | €15,916 | ▲ 178% |
| Taxes450/3 | - | - | - | €2,066 | €4,468 | €4,625 | €5,718 | €15,916 | ▲ 178% |
| Other amounts payable47/48 | - | - | - | €18,540 | - | - | - | €3,664 | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,282 | €3,018 | €5,257 | €5,204 | €1,327 | ▼ 74.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€46,030 | €3,883 | -€5,192 | €3,973 | €17,499 | €10,482 | €4,040 | -€27,162 | - |
| + Depreciation and write-downs630 | €5,397 | €5,395 | €3,063 | €3,063 | €0 | €1,034 | €7,877 | €13,580 | ▲ 72.4% |
| Operating cash flow (approximation) | -€40,633 | €9,278 | -€2,129 | €7,036 | €17,499 | €11,516 | €11,917 | -€13,582 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€0 | €0 | -€6,696 | -€56,206 | -€1,053 | ▲ 98.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-09-2026 | 2026-00538086 | NBB |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00288080 | |
| 31-12-2023 | micro format | 16-06-2024 | 2024-00141227 | |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00443292 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20121936 | |
| 31-12-2020 | micro format | 08-06-2021 | 2021-18600210 | |
| 31-12-2019 | micro format | 08-06-2020 | 2020-16200381 | |
| 31-12-2018 | micro format | 25-07-2019 | 2019-38500090 | |
| 31-12-2017 | micro format | 23-08-2018 | 2018-50800318 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bart Vandorpe |
|
| Eveline Desmet |
|
How the board is organised
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordiging Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden, met inbegrip van de vertegenwoordiging in rechte…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Behalve deze die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden toegekend”1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Articles of association, deed of 17-05-2023
Owners and capital
Capital and shareholders
- 17-05-2023 Converted to unavailable equity · €18,600
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Onbeperkt toezicht en controle op alle verrichtingen, toezicht en controle”Other provision: “Elk aandeel geeft recht op één stem, stemrecht”Other provision: “Bestemming jaarlijkse nettowinst en vaststelling uitkeringen, bestemming van de winst”Liquidation distribution: “Onder aandeelhouders naar verhouding aantal aandelen,gelden/waarden gelijk verdeelbaar en goederen in natura opzelfde wijze”Other provision: “Vloerenbart@telenet.be, e-mailadres en communicatie”
Articles of association, deed of 17-05-2023 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
12-06
Gazette deed
Resignation: DESMET Eveline (director)Registered-office move3 facts ▸
- General meeting, 01-03-2026
- Director resignation, DESMET Eveline (director)
- Registered-office move, 8780 OOSTROZEBEKE, Wielsbekestraat 3 G000
17-05
Gazette deed
Resignations: Bart Vandorpe (director) and Eveline Desmet (director)Reappointments: Bart Vandorpe (director) and Eveline Desmet (director) · Capital · Registered office clause12 facts ▸
- Capital, €18,600
- Director resignation, Bart Vandorpe (director)
- Director resignation, Eveline Desmet (director)
- Director reappointment, Bart Vandorpe (director (not named in the articles))
- Director reappointment, Eveline Desmet (director (not named in the articles))
- Registered office clause, “8710 Wielsbeke(Sint-Baafs-Vijve),Loverstraat68” (deed in Dutch)
- General meeting, 12-05-2023
- Other provision, “Besloten Vennootschap” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Director discharge, Bart Vandorpe (manager)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0668.898.142
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De aanleg, de verzorging en het onderhoud van parken en tuinen en de beplanting van eerstgenoemde; Het snoeien van bomen en heggen; De…”
28 activities
- De aanleg, de verzorging en het onderhoud van parken en tuinen en de beplanting van eerstgenoemde;
- Het snoeien van bomen en heggen;
- De aanleg van telecommunicatielijnen en –netten en van elektriciteitskabels over lange afstand of in de bebouwde kom;
- De bouw van elektriciteitscentrales;
- De projectontwikkeling voor de bouw van civieltechnische werken voor elektriciteit en telecommunicatie;
- Het ruimen van bouwterreinen;
- Het grondverzet: graven, ophogen, egaliseren en nivelleren van bouwterreinen, graven van sleuven en geulen, verwijderen van rotsen, grondverzet met behulp van explosieven;
- Het geschikt maken van terreinen voor de mijnbouw;
- Het aanbrengen in gebouwen en andere bouwwerken van: thermisch isolatiemateriaal, isolatiemateriaal tegen geluid en trillingen;
- Aanbrengen van isolatiemateriaal aan verwarmingsleidingen en –buizen en leidingen van koelsystemen;
- De isolatie van koelkamers en –pakhuizen;
- Het aanbrengen van pleister en stukadoorswerk (inclusief het aanbrengen van een hechtgrond) aan de binnen- of buitenzijde van gebouwen en andere bouwwerken;
- Bouw van funderingen, inclusief heien;
- Het vlechten van ijzer en aanbrengen van bekisting;
- Het buigen van staal;
- Het optrekken van afsluitingen en omheiningen van betonplaten;
- Het aanleggen van opritten;
- Het bouwen van schoorstenen en industriële ovens;
- Optrekken van nietzelfvervaardigde dragende staalconstructies;
- Het uitvoeren van hijs en hefwerkzaamheden voor rekening van derden;
- Aannnemer metsel en betonwerken;
- Optrekken en afbreken van steigers en werkplatforms, met uitzondering van verhuur van steigers en werkplatforms;
- De verhuur van kranen en andere machines en werktuigen voor de bouwnijverheid met bedieningspersoneel;
- Het plaatsen of aanbrengen in gebouwen en andere bouwwerken van: vloer of wandtegels van keramische stoffen, betonen of gehouwen steen en het aanbrengen van vloerbedekking en wandbekleding van terrazzo, marmer, graniet of lei;
- Overige zakelijke dienstverlening, n.e.g.;
- Overgaan tot aankopen, verkopen, opschikken, uitrusten, valoriseren, bouwen, verhuren, onderverhuren, in huur nemen of leasen van onroerende goederen, al dan niet gemeubeld;
- Het patrimonium van de vennootschap te beheren in de ruimste zin van het woord, en oordeelkundig uit te breiden, alle beschikbare middelen te beleggen of weder te beleggen, zowel in roerende als in onroerende goederen, met uitsluiting van de handelingen van vastgoedmakelaar;
- De aan en verkoop van alle onroerende goederen en alle daarbij horende handelingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DEVANBO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 17:00
Articles of association, deed of 17-05-2023 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37010E0371/00N003 | Flanders | 655 m² | 1 · 266 m² | 9.5 m · 2 |
| 37014B0512/00E000 | Flanders | 397 m² | 1 · 86 m² | 7.2 m · 2 |