DEVAPLUS R & C
ActiveDEVAPLUS R & C has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €521k and a net result of €268k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 70% of 2176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+20
Solvency83▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 1.79 in 2024; short-term debt: 39.6% and cash: 44.1% of total assets), and 42.2% 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+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
57.8%
Return on assets
29.7%
Age of the figures
9 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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
35 d early
2023
24 d late
2022
3 d early
2021
17 d late
2020
9 d early
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€521k▼ 65.0%
2024 · €1.49M
2018: €471k
2019: €601k
2020: €767k
2021: €1.00M
2022: €1.12M
2023: €1.30M
2024: €1.49M
2018 → 2025
Total assets
€901k▼ 56.1%
2024 · €2.05M
2018: €716k
2019: €841k
2020: €933k
2021: €1.14M
2022: €1.93M
2023: €2.16M
2024: €2.05M
2018 → 2025
Net result
€268k▲ 42.7%
2024 · €188k
2018: €120k
2019: €130k
2020: €167k
2021: €234k
2022: €117k
2023: €181k
2024: €188k
2018 → 2025
Working capital
€487k▲ 10.0%
2024 · €443k
2018: €96k
2019: €210k
2020: €407k
2021: €661k
2022: €6k
2023: €223k
2024: €443k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.00M-€1.12M▲ 11.7%€1.30M▲ 16.2%€1.49M▲ 14.4%€521k▼ 65.0%
Operating result€356k-€155k▼ 56.5%€274k▲ 76.7%€263k▼ 4.0%€376k▲ 43.1%
Net result€234k-€117k▼ 50.2%€181k▲ 55.2%€188k▲ 3.4%€268k▲ 42.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 43% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €901k
Fixed assets
€57k▼ 94.6%
Current assets
€844k▼ 16.0%
Equity and liabilities €901k
Equity
€521k▼ 65.0%
Debt
€380k▼ 32.9%
The debt ratio rises from 27.6% to 42.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€382k▲
2024 · €297k
Cash flow
€273k▲
2024 · €221k
Solvency
57.8%▼
2024 · 72.4%
Current ratio
2.37▲
2024 · 1.79
Quick ratio
2.02▲
2024 · 1.57
Debt / equity
0.73▲
2024 · 0.38
ROE
51.4%▲
2024 · 12.6%
ROA
29.7%▲
2024 · 9.1%
Interest coverage
14.15▲
2024 · 12.57
Debt
€380k▼
2024 · €567k
Debt ≤ 1 year
€357k▼
2024 · €562k
Debt > 1 year
€24k
Income taxes
€84k▲
2024 · €56k
Staff costs
€20k
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€2.05M€901k▼
Fixed assets21/28€1.05M€57k▼
Tangible fixed assets22/27€1.05M€57k▼
Land and buildings22€1.03M-
Plant, machinery and equipment23€678-
Furniture and vehicles24€22k€23k▲
Leasing and similar rights25-€34k
Current assets29/58€1.01M€844k▼
Stocks and contracts in progress3€121k€122k▲
Stocks30/36€121k€122k▲
Amounts receivable within one year40/41€153k€324k▲
Trade receivables40€153k€14k▼
Other amounts receivable41€201€310k▲
Current investments50/53€494k-
Cash at bank and in hand54/58€237k€398k▲
Deferred charges and accrued income490/1-€576
Equity and liabilities
Total equity and liabilities10/49€2.05M€901k▼
Equity10/15€1.49M€521k▼
Contributions10/11€19k€6k▼
Reserves13€1.27M€515k▼
Tax-exempt reserves132€383€114▼
Distributable reserves133€1.27M€515k▼
Profit (loss) carried forward14€194k-
Amounts payable17/49€567k€380k▼
Amounts payable after more than one year17-€24k
Financial debts170/4-€24k
Amounts payable within one year42/48€562k€357k▼
Current portion of amounts payable after more than one year42-€12k
Trade debts44€93k€263k▲
Suppliers440/4€93k€263k▲
Taxes, remuneration and social security45€30k€21k▼
Taxes450/3€24k€21k▼
Remuneration and social security454/9€6k-
Other amounts payable47/48€439k€61k▼
Accrued charges and deferred income492/3€5k-
Income statement
Code20242025
Non-recurring operating income76A€1k€43k▲
Remuneration, social security and pensions62-€20k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€6k▼
Other operating charges640/8€6k€3k▼
Gross operating margin9900€303k€405k▲
Operating profit (loss)9901€263k€376k▲
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€24k€27k▲
Recurring financial charges65€24k€27k▲
Profit (loss) for the period before taxes9903€244k€351k▲
Income taxes67/77€56k€84k▲
Profit (loss) for the period9904€188k€268k▲
Profit (loss) for the period to be appropriated9905€188k€268k▲
Appropriation of the result
Profit (loss) to be appropriated9906€194k€325k▲
Profit (loss) brought forward from the previous period14P€7k€58k▲
Transfer to equity691/2-€138k
To other reserves6921-€138k
Profit to be distributed694/7-€188k
Return on contributions (dividend)694-€188k
Social balance
Average headcount (FTE)9087-0.4
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €268k ▲42.7%
Operating result €376k, net result €268k, both a record.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 24 days late
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €117k ▼50.2%
Net result drops to €117k, the lowest in the series; recovery starts the following year.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
30-09
Financial
Equity above €1MEq €1.00M ▲30.5%
4 profitable years in a row build equity to €1.00M.
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 13 days late
2019
30-09
Financial
Equity above €500kEq €601k ▲27.7%
2 profitable years in a row build equity to €601k.
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Aalter · 1 establishment unit since 1986
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.
Nijverheidslaan 129880 AalterGround area
7,221 m²
Building footprint
4,508 m²
Volume, LiDAR
32,056 m³
Parcel 44001B0095/00P000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVAPLUS R&C
since 19862.034.574.505
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0095/00P000 | Flanders | 7,221 m² | 1 · 4,508 m² | 11.3 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 · 1 entry · 2,400 EUR awarded · 2,400 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,400 EUR | 2,400 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
JOACKIM LEGRAND CONSTRUCTION
BE 0506.640.601
Sainte-Ode · Eq €521k
R.V.L.
BE 0439.402.080
Soignies · Eq €521k
VERBISOL
BE 0698.991.205
Aalter · Eq €521k
CATTOIR KRIS
BE 0477.259.202
Wichelen · Eq €521k
BOUWONDERNEMING SPRIET
BE 0437.749.617
Izegem · Eq €522k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 9,069 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-1986
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43130Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.