Devapo Belgium
ActiveThe computed 12-month bankruptcy probability of Devapo Belgium is 1.9% (moderate). The 2025 annual accounts show negative equity (€-258k) and a net result of €8k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 5% of 405 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+17
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.22 in 2024; short-term debt: 607.6% and cash: 8.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-510.6%
Return on assets
15.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 405 sector peers (2025).
NBB · sector comparisonPosition among 405 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
18 d late
2024
28 d late
2023
31 d late
2022
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-258k▲ 3.0%
2024 · €-266k
2022: €-198k
2023: €-276k
2024: €-266k
2022 → 2025
Total assets
€51k▼ 58.3%
2024 · €122k
2022: €198k
2023: €255k
2024: €122k
2022 → 2025
Net result
€8k▼ 16.2%
2024 · €9k
2022: €-248k
2023: €-89k
2024: €9k
2022 → 2025
Working capital
€-269k▲ 10.9%
2024 · €-301k
2022: €-322k
2023: €-324k
2024: €-301k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-198k-€-276k▼ 39.4%€-266k▲ 3.4%€-258k▲ 3.0%
Operating result€-243k-€-67k▲ 72.2%€27k€18k▼ 36.0%
Net result€-248k-€-89k▲ 64.1%€9k€8k▼ 16.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€12k▼ 66.7%
Current assets
€39k▼ 54.9%
Key figures and ratios
EBITDA
€34k▼
2024 · €47k
Cash flow
€24k▼
2024 · €29k
Solvency
-510.6%▼
2024 · -219.1%
Current ratio
0.13▼
2024 · 0.22
Quick ratio
0.13▼
2024 · 0.22
Debt / equity
-1.20▲
2024 · -1.46
ROA
15.6%▲
2024 · 7.7%
Interest coverage
3.28▲
2024 · 2.52
Debt
€309k▼
2024 · €388k
Debt ≤ 1 year
€308k▼
2024 · €388k
Income taxes
€0▼
2024 · €3
Staff costs
€585▼
2024 · €90k
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€122k€51k▼
Fixed assets21/28€35k€12k▼
Tangible fixed assets22/27€35k€12k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€8k€624▼
Leasing and similar rights25€10k€2k▼
Other tangible fixed assets26€15k€8k▼
Current assets29/58€86k€39k▼
Amounts receivable within one year40/41€78k€35k▼
Trade receivables40€78k€29k▼
Other amounts receivable41€0€5k▲
Cash at bank and in hand54/58€9k€4k▼
Deferred charges and accrued income490/1€0€1▲
Equity and liabilities
Total equity and liabilities10/49€122k€51k▼
Equity10/15€-266k€-258k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-316k€-308k▲
Amounts payable17/49€388k€309k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€388k€308k▼
Current portion of amounts payable after more than one year42€7k€0▼
Trade debts44€38k€16k▼
Suppliers440/4€38k€16k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€19k€0▼
Taxes450/3€6k€0▼
Remuneration and social security454/9€13k€0▼
Other amounts payable47/48€324k€292k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€90k€585▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€16k▼
Other operating charges640/8€1k€705▼
Gross operating margin9900€138k€35k▼
Operating profit (loss)9901€27k€18k▼
Financial income75/76B€733€632▼
Recurring financial income75€733€632▼
Financial charges65/66B€19k€10k▼
Recurring financial charges65€19k€10k▼
Profit (loss) for the period before taxes9903€9k€8k▼
Income taxes67/77€3€0▼
Profit (loss) for the period9904€9k€8k▼
Profit (loss) for the period to be appropriated9905€9k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-316k€-308k▲
Profit (loss) brought forward from the previous period14P€-326k€-316k▲
Social balance
Average headcount (FTE)90871.00.0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2021
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.
Joe Englishstraat 542140 AntwerpenGround area
5,432 m²
Building footprint
2,457 m²
Volume, LiDAR
27,903 m³
Parcel 11006A0260/00A005, Flanders · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Devapo Belgium
since 20212.320.633.938
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0260/00A005 | Flanders | 5,432 m² | 1 · 2,457 m² | 15.5 m · 4 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.
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Lint
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 127 companies in sector 28930 we hold annual accounts for 101.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2021
Fiscal year end31-12
Activities, NACEBEL
28930Manufacture of machinery and equipment not elsewhere classified
25991Manufacture of fabricated metal products, except machinery and equipment
33120Repair and maintenance of machinery
77223Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.