Equity
DEVANLOO has made a profit without a break since 2021.
DEVANLOO has made a profit without a break since 2021.
The micro format states no turnover.
In 2025, 3 people joined and 2 left.
Short-term debts fell from €19,266 to €11,390.
Ten of the last ten came late. The 2019 accounts came latest: 40 days after the end of the period.
Higher solvency than 92% of companies in food and beverage service. Sector median 29.5% · 17,158 companies.
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 1 in 1,000 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 94% of them on solvency, 96% on liquidity, 84% on profitability and 83% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as DEVANLOO has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of DEVANLOO itself: 0.1% 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 34,693 companies, not a prediction for DEVANLOO. 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 ample, with a current ratio of 2.95 (1.12 in 2024), above the usual 1.5. Short-term debt is 16.2% and cash 45.7% of total assets. 16.2% 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 28 days after 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 | ||||
|---|---|---|---|---|
| DEVANLOO Leuven | €70,362 | €46,141 | 83.8% | - |
| MD-FOOD Grimbergen | €69,820 | €37,077 | -11.3% | - |
| Chamarguence Brussels | €68,065 | €46,655 | 30.0% | - |
| PANES Brussels | €71,594 | €42,755 | 76.4% | - |
| NEW ICE CREAM Spa | €68,069 | €46,928 | 44.7% | - |
| ULKU & ALEYNA Ixelles | €68,595 | €40,459 | 50.9% | - |
| TAPHYRA Brussels | €65,070 | €45,912 | 80.0% | - |
These companies have the same main activity as DEVANLOO: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €65,100 and €71,600, founded between 2011 and 2014.
DEVANLOO files the micro format. That format states no turnover. The gross margin rose from -€10,057 in 2012 to €46,141 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
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 ≈ €250,000. Estimated: probably between €190,000 and €340,000.
Higher than 93% of 17,158 companies in 2025.
Higher than 83% of 16,582 companies in 2025.
Higher than 82% of 16,665 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 3 people joined and 2 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
70,362 | 56,845 | 20,849 | 12,500 | 5,483 | 3,662 | 8,246 | 14,693 | 9,206 | 5,670 | 7,889 | 10,071 | 12,903 | 14,400 | |
21/28 |
36,794 | 35,183 | 2,192 | 2,444 | 121 | 2,022 | 3,923 | 5,824 | 7,725 | 3,428 | 5,641 | 7,854 | 6,968 | 8,850 | |
22/27 |
36,794 | 35,183 | 2,192 | 2,444 | 121 | 2,022 | 3,923 | 5,824 | 7,725 | 3,428 | 5,641 | 7,854 | 6,968 | 8,850 | |
23 |
9,251 | 6,769 | 2,192 | 2,444 | 57 | 172 | 286 | 401 | 515 | 1,244 | 2,587 | 3,929 | 5,272 | 6,614 | |
24 |
27,543 | 28,414 | - | - | - | 1,660 | 3,320 | 4,980 | 6,640 | 1,488 | 2,231 | 2,975 | 620 | 1,033 | |
26 |
- | - | - | - | 63 | 190 | 317 | 443 | 570 | 696 | 823 | 950 | 1,076 | 1,203 | |
29/58 |
33,568 | 21,662 | 18,657 | 10,055 | 5,362 | 1,640 | 4,323 | 8,869 | 1,480 | 2,242 | 2,248 | 2,217 | 5,935 | 5,550 | |
40/41 |
1,263 | 5,778 | 93 | 373 | 971 | 602 | 429 | 4,965 | 1,295 | 1,490 | 595 | 576 | 3,762 | 4,692 | |
40 |
- | - | 71 | 373 | - | - | 232 | 510 | 1,028 | 1,310 | 387 | 399 | 3,554 | - | |
41 |
1,263 | 5,778 | 23 | 0 | 971 | 602 | 197 | 4,455 | 268 | 180 | 208 | 177 | 209 | 4,692 | |
54/58 |
32,159 | 14,652 | 18,564 | 9,621 | 4,391 | 1,039 | 3,894 | 3,905 | 185 | 752 | 1,653 | 741 | 1,293 | 39 | |
490/1 |
146 | 1,232 | - | 62 | - | - | - | - | - | - | - | 900 | 880 | 819 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
70,362 | 56,845 | 20,849 | 12,500 | 5,483 | 3,662 | 8,246 | 14,693 | 9,206 | 5,670 | 7,889 | 10,071 | 12,903 | 14,400 | |
10/15 |
58,971 | 37,579 | 13,532 | -13,521 | -17,869 | -18,595 | -9,383 | 11,602 | 6,660 | -4,449 | -8,361 | -10,987 | -5,356 | -1,295 | |
10/11 |
18,600 | 12,700 | 12,700 | 12,700 | 12,700 | 12,700 | 12,700 | 12,700 | 12,700 | 12,700 | 12,700 | 12,700 | 12,700 | 12,700 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 5,900 | 5,900 | 5,900 | 5,900 | 5,900 | 5,900 | 5,900 | 5,900 | |
14 |
40,371 | 24,879 | 832 | -26,221 | -30,569 | -31,295 | -22,083 | -1,098 | -6,040 | -17,149 | -21,061 | -23,687 | -18,056 | -13,995 | |
17/49 |
11,390 | 19,266 | 7,317 | 26,021 | 23,352 | 22,257 | 17,629 | 3,091 | 2,545 | 10,119 | 16,249 | 21,058 | 18,259 | 15,695 | |
42/48 |
11,390 | 19,266 | 7,317 | 26,021 | 23,352 | 22,257 | 17,629 | 3,091 | 2,545 | 10,119 | 16,249 | 21,058 | 18,259 | 15,347 | |
44 |
- | - | 96 | 2,234 | 374 | 142 | 106 | 99 | 218 | 150 | 294 | 43 | 1,068 | 330 | |
440/4 |
- | - | 96 | 2,234 | 374 | 142 | 106 | 99 | 218 | 150 | 294 | 43 | 1,068 | 330 | |
45 |
6,317 | 10,495 | 2,928 | 1,911 | 1,500 | 230 | 3,557 | 2,991 | 2,108 | 1,602 | 1,582 | 1,150 | 699 | 363 | |
450/3 |
822 | 7,668 | 333 | 411 | - | - | 335 | 474 | 323 | - | 353 | - | 85 | - | |
454/9 |
5,495 | 2,828 | 2,596 | 1,500 | 1,500 | 230 | 3,222 | 2,518 | 1,785 | 1,602 | 1,229 | 1,150 | 614 | 363 | |
47/48 |
5,073 | 8,771 | 4,293 | 21,876 | 21,478 | 21,886 | 13,966 | - | 220 | 8,367 | 14,374 | 19,865 | 16,492 | 14,654 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 348 | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 7,188 | |
76A |
- | 1,529 | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
46,141 | 46,082 | 37,944 | 7,052 | 3,382 | -4,922 | -7,302 | 15,024 | 26,491 | 16,955 | 18,410 | 6,506 | 7,314 | -10,057 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 17,245 | |
62 |
19,656 | 11,354 | 9,649 | 205 | - | 1,621 | 10,138 | 6,538 | 11,517 | 10,371 | 12,923 | 8,978 | 8,932 | 2,399 | |
630 |
5,150 | 1,214 | 253 | 205 | 1,901 | 1,901 | 1,901 | 1,901 | 2,515 | 2,213 | 2,213 | 2,213 | 1,882 | 941 | |
640/8 |
2,010 | 1,661 | 855 | 2,169 | 698 | 730 | 1,614 | 1,600 | 643 | 427 | 636 | 498 | 498 | 590 | |
66A |
- | - | - | - | - | - | - | - | 678 | - | - | 413 | - | - | |
9901 |
19,325 | 31,853 | 27,187 | 4,473 | 783 | -9,174 | -20,955 | 4,985 | 11,139 | 3,944 | 2,638 | -5,182 | -3,998 | -13,987 | |
75/76B |
3 | 0 | 59 | - | - | - | - | - | - | - | - | 0 | 0 | 2 | |
75 |
3 | 0 | 59 | - | - | - | - | - | - | - | - | 0 | 0 | 2 | |
65/66B |
96 | 139 | 193 | 125 | 58 | 38 | 30 | 43 | 29 | 33 | 11 | 35 | 64 | 10 | |
65 |
96 | 139 | 193 | 125 | 58 | 38 | 30 | 43 | 29 | 33 | 11 | 35 | 64 | 10 | |
9903 |
19,232 | 31,715 | 27,053 | 4,348 | 726 | -9,212 | -20,985 | 4,942 | 11,109 | 3,911 | 2,627 | -5,631 | -4,062 | -13,995 | |
67/77 |
3,740 | 7,668 | - | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
15,492 | 24,047 | 27,053 | 4,348 | 726 | -9,212 | -20,985 | 4,942 | 11,109 | 3,911 | 2,627 | -5,631 | -4,062 | -13,995 | |
9905 |
15,492 | 24,047 | 27,053 | 4,348 | 726 | -9,212 | -20,985 | 4,942 | 11,109 | 3,911 | 2,627 | -5,631 | -4,062 | -13,995 | |
| Appropriation of the result | |||||||||||||||
9906 |
40,371 | 24,879 | 832 | -26,221 | -30,569 | -31,295 | -22,083 | -1,098 | -6,040 | -17,149 | -21,061 | -23,687 | -18,056 | -13,995 | |
14P |
24,879 | 832 | -26,221 | -30,569 | -31,295 | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||
9087 |
2.8 | 1.8 | 1.7 | 0.2 | - | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.4 | 0.4 | 0.6 | 0.2 | |
Hours worked1013 |
1,296 | 684 | 616 | 12 | - | 73 | 476 | 325 | 545 | 519 | 573 | 481 | 439 | 132 | |
| Document | |||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.
2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00437930.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00437930 | |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00413542 | |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00370070 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00431247 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20381110 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-59000135 | |
| 31-12-2019 | micro format | 09-09-2020 | 2020-52400090 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-55900346 | |
| 31-12-2017 | micro format | 16-08-2018 | 2018-46600507 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-53300122 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-54200387 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-48000080 | |
| 31-12-2013 | abbreviated format | 13-08-2014 | 2014-42400596 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-51500447 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24,475 | 33,068 | 27,440 | 4,678 | 2,685 | -7,273 | -19,054 | 6,886 | 13,654 | 6,157 | 4,850 | -2,969 | -2,115 | -13,046 | ||
| 20,642 | 25,262 | 27,306 | 4,553 | 2,627 | -7,311 | -19,084 | 6,843 | 13,625 | 6,124 | 4,840 | -3,418 | -2,179 | -13,053 | ||
| 6,761 | 34,206 | 0 | 2,529 | 0 | 0 | 0 | 0 | 8,300 | 0 | 0 | 3,719 | 0 | 10,291 | ||
| 17,507 | -3,912 | 8,943 | 5,230 | 3,352 | -2,855 | -11 | 3,720 | -566 | -902 | 912 | -552 | 1,254 | - | ||
| 22,178 | 2,396 | 11,340 | -15,966 | -17,990 | -20,617 | -13,306 | 5,779 | -1,065 | -7,877 | -14,001 | -18,841 | -12,324 | -9,797 | ||
| 83.8% | 66.1% | 64.9% | -108.2% | -325.9% | - | -113.8% | 79.0% | 72.4% | -78.5% | -106.0% | -109.1% | -41.5% | -9.0% | ||
| 2.95 | 1.12 | 2.55 | 0.39 | 0.23 | - | 0.25 | 2.87 | 0.58 | 0.22 | 0.14 | 0.11 | 0.33 | 0.36 | ||
| 0.19 | 0.51 | 0.54 | - | - | - | - | 0.27 | 0.38 | - | - | - | - | - | ||
| 26.3% | 64.0% | 199.9% | - | - | - | - | 42.6% | 166.8% | - | - | - | - | - | ||
| 22.0% | 42.3% | 129.8% | 34.8% | 13.2% | - | -254.5% | 33.6% | 120.7% | 69.0% | 33.3% | -55.9% | -31.5% | -97.2% | ||
| over 100 | over 100 | over 100 | 37.38 | 46.36 | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 238 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 7 days |
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 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 2 | 1 |
| part-time | 3 | 2 | 2 | 1 |
| in full-time equivalents | 0.9 | 0.6 | 0.5 | 0.4 |
| 0.6 | 0.5 | 0.4 | 0.1 | |
| Joined | 3 | 1 | - | 1 |
| Left | 2 | 1 | - | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,761 | €34,206 | - | €2,529 | - |
| €5,150 | €1,214 | €253 | €205 | €1,901 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 39% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 33.9% to 16.2%. Equity is higher and debt is lower.
DEVANLOO has no parent and no holdings in its annual accounts. DEVANLOO shares no director with another company.
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 |
|---|---|---|---|
| Aarschotsesteenweg 940 registered office 3012 Leuven | |||
| IL PIZZALIO Chaussée de Louvain,H.-M. 35, 1320 Beauvechain 56111 Full-service restaurants | 25-10-2012 | 2.229.271.024 | Restaurant |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25038C0406/00R000 | Wallonia | 1,586 m² | 1 · 74 m² | 11.5 m · 3 |
| 24126A0070/00D002 | Flanders | 161 m² | 1 · 160 m² | 9.4 m · 2 |
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