Devapork
ActiveSummary
Devapork has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €600,340 and a net result of €17,019. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 28% of 1765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-33
Solvency49▲+3
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.5 against 2.24 in 2024; short-term debt: 11.6% and cash: 8.5% of total assets), but 75.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
24.5%
Return on assets
0.7%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
7 d early
2024
29 d late
2023
22 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 23 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#3 company by total assets in Torhout, Agriculture, forestry and fishing sector#9 company by equity in Torhout, Agriculture, forestry and fishing sector
Equity
€600,340▲ 2.6%
2024 · €584,987
Total assets
€2.5m▼ 10.9%
2024 · €2.8m
Net result
€17,019▼ 93.8%
2024 · €274,165
Working capital
€424,047▼ 14.1%
2024 · €493,534
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€384,087-€502,772▲ 30.9%€88,390▼ 82.4%
Net result€187,488within the sector's middle half-€274,165within the sector's middle half▲ 46.2%€17,019within the sector's middle half▼ 93.8%
Equity€312,488within the sector's middle half-€584,987within the sector's middle half▲ 87.2%€600,340within the sector's middle half▲ 2.6%
Total assets€2.7mwithin the sector's middle half-€2.8mwithin the sector's middle half▲ 0.5%€2.5mwithin the sector's middle half▼ 10.9%
Debt€2.4m-€2.2m▼ 10.6%€1.9m▼ 14.5%
Working capital€312,925within the sector's middle half-€493,534within the sector's middle half▲ 57.7%€424,047within the sector's middle half▼ 14.1%
Solvency11.4%below the sector's middle half-21.2%below the sector's middle half▲ 9.8pp24.5%within the sector's middle half▲ 3.2pp
Current ratio1.59within the sector's middle half-2.24within the sector's middle half▲ 0.662.50within the sector's middle half▲ 0.25
Return on assets (ROA)6.8%within the sector's middle half-10.0%within the sector's middle half▲ 3.1pp0.7%within the sector's middle half▼ 9.3pp
Staff (FTE)0.1below the sector's middle half-0.3below the sector's middle half▲ 200%0.3within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
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 82% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€1.7m ▼ 6.3%
Current assets
€707,673 ▼ 20.5%
Equity and liabilities €2.5m
Equity
€600,340 ▲ 2.6%
Debt
€1.9m ▼ 14.5%
Debt's share of the balance-sheet total falls from 78.8% to 75.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€213,616▼
2024 · €622,712
Cash flow
€142,244▼
2024 · €394,105
Quick ratio
1.31▲
2024 · 1.22
Debt to equity
3.09▼
2024 · 3.71
ROE
2.8%▼
2024 · 46.9%
Interest coverage
3.13▼
2024 · 5.79
Debt ≤ 1 year
€283,626▼
2024 · €396,652
Debt > 1 year
€1.6m▼
2024 · €1.8m
Income taxes
€6,841▼
2024 · €121,965
Staff costs
€12,182▲
2024 · €8,767
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
3.3%
went bankrupt
1.1%
stopped otherwise
95%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,541 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.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €8,720 | €8,767 | €12,182 | ▲ 38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €293,610 | €119,940 | €125,226 | ▲ 4.4% |
| Other operating charges640/8 | €19,786 | €17,930 | €17,787 | ▼ 0.8% |
| Gross operating margin9900 | €706,203 | €649,409 | €243,584 | ▼ 62.5% |
| Operating profit (loss)9901 | €384,087 | €502,772 | €88,390 | ▼ 82.4% |
| Financial income75/76B | €784 | €937 | €3,827 | ▲ 308% |
| Recurring financial income75 | €784 | €937 | €3,827 | ▲ 308% |
| Financial charges65/66B | €122,508 | €107,578 | €68,357 | ▼ 36.5% |
| Recurring financial charges65 | €122,508 | €107,578 | €68,357 | ▼ 36.5% |
| Profit (loss) for the period before taxes9903 | €262,363 | €396,130 | €23,860 | ▼ 94.0% |
| Income taxes67/77 | €74,876 | €121,965 | €6,841 | ▼ 94.4% |
| Profit (loss) for the period9904 | €187,488 | €274,165 | €17,019 | ▼ 93.8% |
| Profit (loss) for the period to be appropriated9905 | €187,488 | €274,165 | €17,019 | ▼ 93.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.7m | €2.8m | €2.5m | ▼ 10.9% |
| Fixed assets21/28 | €1.9m | €1.9m | €1.7m | ▼ 6.3% |
| Intangible fixed assets21 | €61,176 | €53,826 | €46,476 | ▼ 13.7% |
| Tangible fixed assets22/27 | €1.8m | €1.8m | €1.7m | ▼ 6.1% |
| Land and buildings22 | €1.8m | €1.7m | €1.6m | ▼ 5.3% |
| Plant, machinery and equipment23 | €13,822 | €17,331 | €18,398 | ▲ 6.2% |
| Furniture and vehicles24 | €25,503 | €76,389 | €55,942 | ▼ 26.8% |
| Financial fixed assets28 | - | €13 | €0 | ▼ 100% |
| Current assets29/58 | €844,229 | €890,187 | €707,673 | ▼ 20.5% |
| Stocks and contracts in progress3 | €385,501 | €405,417 | €334,733 | ▼ 17.4% |
| Stocks30/36 | €385,501 | €405,417 | €334,733 | ▼ 17.4% |
| Amounts receivable within one year40/41 | €31,365 | €32,965 | €157,828 | ▲ 379% |
| Trade receivables40 | €27,184 | €12,680 | €63,664 | ▲ 402% |
| Other amounts receivable41 | €4,181 | €20,285 | €94,164 | ▲ 364% |
| Cash at bank and in hand54/58 | €421,891 | €445,238 | €207,377 | ▼ 53.4% |
| Deferred charges and accrued income490/1 | €5,472 | €6,568 | €7,735 | ▲ 17.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.7m | €2.8m | €2.5m | ▼ 10.9% |
| Equity10/15 | €312,488 | €584,987 | €600,340 | ▲ 2.6% |
| Contributions10/11 | €125,000 | €125,000 | €125,000 | = |
| Reserves13 | €187,488 | €459,987 | €475,340 | ▲ 3.3% |
| Distributable reserves133 | €187,488 | €459,987 | €475,340 | ▲ 3.3% |
| Profit (loss) carried forward14 | - | €0 | €0 | - |
| Amounts payable17/49 | €2.4m | €2.2m | €1.9m | ▼ 14.5% |
| Amounts payable after more than one year17 | €1.9m | €1.8m | €1.6m | ▼ 11.6% |
| Financial debts170/4 | €1.8m | €1.6m | €1.4m | ▼ 12.7% |
| Other amounts payable178/9 | €110,816 | €115,470 | €120,051 | ▲ 4.0% |
| Amounts payable within one year42/48 | €531,304 | €396,652 | €283,626 | ▼ 28.5% |
| Current portion of amounts payable after more than one year42 | €174,963 | €213,971 | €188,386 | ▼ 12.0% |
| Financial debts43 | €125,000 | €0 | - | - |
| Credit institutions430/8 | €125,000 | €0 | - | - |
| Trade debts44 | €197,839 | €167,197 | €90,566 | ▼ 45.8% |
| Suppliers440/4 | €197,839 | €167,197 | €90,566 | ▼ 45.8% |
| Taxes, remuneration and social security45 | €33,502 | €13,819 | €3,007 | ▼ 78.2% |
| Taxes450/3 | €29,876 | €11,317 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €3,626 | €2,501 | €3,007 | ▲ 20.2% |
| Other amounts payable47/48 | - | €1,666 | €1,666 | = |
| Accrued charges and deferred income492/3 | €10,284 | €9,458 | €10,981 | ▲ 16.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €187,488 | €274,165 | €17,019 | ▼ 93.8% |
| + Depreciation and write-downs630 | €293,610 | €119,940 | €125,226 | ▲ 4.4% |
| Operating cash flow (approximation) | €481,098 | €394,105 | €142,244 | ▼ 63.9% |
| Investment in fixed assets (approximation) | - | -€88,024 | -€7,784 | ▲ 91.2% |
| Change in cash | - | €23,347 | -€237,861 | ▼ 1,119% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €17,019 ▼93.8%
Net result drops to €17,019, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Highest result since 2023net €274,165 ▲46.2%
Operating result €502,772, net result €274,165, both a record.
31-12
Financial
Equity above €500,000Eq €584,987 ▲87.2%
2 profitable years in a row build equity to €584,987.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Torhout · 1 establishment unit since 2022
Ground area
1.7 ha
Building footprint
158 m²
Volume, LiDAR
805 m³
Parcel 31523G0784/00H000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Devapork
since 20222.330.165.672
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523G0784/00H000 | Flanders | 1.7 ha | 1 · 158 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTorhout2.330.165.672
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Of 587 companies in sector 01462 we hold annual accounts for 213. 179 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
01462Crop and animal production, hunting and related service activities
01461Pig breeding farms
E-invoicing
Reachable via Peppol
Peppol ID
0208:0784384758
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.