Devapo Belgium
The computed 12-month bankruptcy probability of Devapo Belgium is 2.1% (moderate). The 2024 annual accounts show negative equity (€-266k) and a net result of €9k. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 59 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-266k |
| Net result | €9k |
| Staff (FTE) | 1 |
| Better than sector | 5% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | -219.1% | 37.7% | |
| Net result | €9k | €18k | |
| Equity | €-266k | €238k | |
| Gross operating margin | €138k | €138k | |
| Staff costs | €90k | €362k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €47k |
| Net profit | €9k |
| Cash flow | €29k |
| Staff costs | €90k |
| Income taxes | €3 |
| Dividends | - |
| Total assets | €122k |
| Equity | €-266k |
| Debt | €388k |
| of which ≤ 1y | €388k |
| of which > 1y | €0 |
| Working capital | €-301k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 0.22 |
| Quick ratio | 0.22 |
| Working capital ratio | -248.0% |
| Solvency | -219.1% |
| Debt / equity | -1.46 |
| Long-term debt ratio | 0.00 |
| Interest coverage | 2.52 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.7% |
| ROE | -3.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €122k |
| Fixed assets | 21/28 | €35k |
| Tangible fixed assets | 22/27 | €35k |
| Current assets | 29/58 | €86k |
| Amounts receivable within one year | 40/41 | €78k |
| Cash & bank | 54/58 | €9k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €122k |
| Equity | 10/15 | €-266k |
| Contributions / capital | 10/11 | €50k |
| Accumulated profits (losses) | 14 | €-316k |
| Amounts payable | 17/49 | €388k |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €388k |
| Trade debts payable within one year | 44 | €38k |
| Income statement | ||
| Gross operating margin | 9900 | €138k |
| Operating result | 9901 | €27k |
| Financial income | 75 | €733 |
| Financial charges | 65 | €19k |
| Result before taxes | 9903 | €9k |
| Income taxes | 67/77 | €3 |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
| NACE primary | 28930 |
| Legal form | Private limited company(610) |
| Incorporation | 06-07-2021 |
| Status | Active |
| Postal code | 2140 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0260/00A005 | Flanders | 5,432 m² | 1 · 2,457 m² | 15.5 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-03-2023 2 resigning
- NV LDL GROUP HOLDING, Bestuurder
- Frank Lampole, Vaste vertegenwoordiger
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": "0682.868.320",
"name": "NV LDL GROUP HOLDING",
"address": "Europalaan 60, 9800 Deinze",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": "2022-12-28",
"evidence_quote": "De vergadering beslist tot het ontslag van NV LDL GROUP HOLDING (0682.868.320) met zetel te 9800 Deinze, Europalaan 60 als niet-statutaire bestuurder met ingang op 28/12/2022.",
"decharge_status": "provisional",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_out",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Frank Lampole",
"address": "Rue des Courbes 51, 7750 Mont-de-l\u0027Encius",
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"profession": null,
"birth_place": "7750 Mont-de-l\u0027Encius"
},
"reason": null,
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"via_org": {
"kbo": null,
"name": "LDL Group Holding NV",
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"country": null,
"legal_form": "NV"
},
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"compensated": null,
"effective_date": "2022-12-28",
"evidence_quote": "De vergadering beslist tot het ontslag van Frank Lampole, wonende te 7750 Mont-de-l\u0027Encius, Rue des Courbes 51 als vaste vertegenwoordiger van de rechtspersoon LDL Group Holding NV voor haar mandaat binnen BV Devapo Belgium met ingang op 28/12/2022.",
"decharge_status": "provisional",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-03-08",
"filing_date": "2023-02-23",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-12-28",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0770.822.475",
"name_full": "Devapo Belgium",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Hoeymakers Investment Group",
"person_name": null,
"org_rep_person_name": "Roy Hoeijmakers",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Devapo Belgium |