Devaput
ActiveSummary
Devaput has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.3m and a net result of -€55,138. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.5% (low).
Financials · fiscal year 2024, abbreviated schema
2020 to 2024, 5 fiscal years 2018 to 2024, 7 fiscal years
The operating result stays negative: a loss of €37,211 in 2024 against €38,343 in 2023; the loss shrinks.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 246 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 90% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 246 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,314 | €7,314 | €7,314 | €7,314 | €7,314 | - | - | - |
| Other operating charges640/8 | - | - | - | €1,085 | €11,410 | €10,893 | €10,596 | ▼ 2.7% |
| Non-recurring operating charges66A | - | - | - | €58 | - | - | - | - |
| Gross operating margin9900 | -€6,039 | -€7,322 | -€7,744 | -€7,661 | -€26,558 | -€27,451 | -€26,614 | ▲ 3.0% |
| Operating profit (loss)9901 | -€14,317 | -€15,982 | -€16,230 | -€16,118 | -€45,282 | -€38,343 | -€37,211 | ▲ 3.0% |
| Financial income75/76B | - | - | - | €301,449 | €173,043 | €123,281 | €132,462 | ▲ 7.4% |
| Recurring financial income75 | €271,216 | €133,703 | €115,059 | €301,449 | €173,043 | €123,281 | €132,462 | ▲ 7.4% |
| Financial charges65/66B | - | - | - | €153,823 | €146,194 | €122,859 | €141,800 | ▲ 15.4% |
| Recurring financial charges65 | €107,353 | €98,835 | €86,723 | €153,823 | €146,194 | €122,859 | €141,800 | ▲ 15.4% |
| Profit (loss) for the period before taxes9903 | €149,546 | €18,887 | €12,107 | €131,508 | -€18,432 | -€37,921 | -€46,549 | ▼ 22.8% |
| Income taxes67/77 | €50,019 | €5,881 | €5,221 | €36,606 | €19,182 | €6,050 | €8,590 | ▲ 42.0% |
| Profit (loss) for the period9904 | €99,528 | €13,006 | €6,886 | €94,902 | -€37,614 | -€43,971 | -€55,138 | ▼ 25.4% |
| Profit (loss) for the period to be appropriated9905 | €99,528 | €13,006 | €6,886 | €94,902 | -€37,614 | -€43,971 | -€55,138 | ▼ 25.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €7.4m | €7.4m | €7.4m | €7.5m | €7.5m | €7.4m | €7.4m | ▼ 0.7% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €0.03m | €0.02m | €0.01m | €0.007m | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €0.03m | €0.02m | €0.01m | €0.007m | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €0.007m | €0 | €0 | €0 | - |
| Current assets29/58 | €7.4m | €7.4m | €7.4m | €7.5m | €7.5m | €7.4m | €7.4m | ▼ 0.7% |
| Amounts receivable after more than one year29 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Trade receivables290 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts receivable within one year40/41 | - | €0.06m | €0.09m | €0.003m | €0.003m | €0.01m | €0.05m | ▲ 225% |
| Trade receivables40 | - | - | - | €0 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.003m | €0.003m | €0.01m | €0.05m | ▲ 225% |
| Current investments50/53 | €6.8m | €7.0m | €6.9m | €6.9m | €7.1m | €7.1m | €7.1m | ▲ 0.9% |
| Cash at bank and in hand54/58 | €0.4m | €0.2m | €0.2m | €0.4m | €0.2m | €0.2m | €0.03m | ▼ 83.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 22.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €7.4m | €7.4m | €7.4m | €7.5m | €7.5m | €7.4m | €7.4m | ▼ 0.7% |
| Equity10/15 | €7.4m | €7.4m | €7.4m | €7.5m | €7.4m | €7.4m | €7.3m | ▼ 0.7% |
| Contributions10/11 | €6.9m | €6.9m | - | €6.9m | €6.9m | €6.9m | €6.9m | = |
| Reserves13 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.03m | €0.03m | €0 | - | - |
| Distributable reserves133 | - | - | - | - | - | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | €0.4m | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | €0.4m | ▼ 11.9% |
| Amounts payable17/49 | €0.06m | €0.07m | €0.02m | €0.02m | €0.04m | €0.02m | €0.03m | ▲ 25.4% |
| Amounts payable within one year42/48 | €0.05m | €0.05m | €0.004m | €0.003m | €0.03m | €0.01m | €0.01m | ▲ 38.1% |
| Financial debts43 | - | - | - | - | - | - | €0.001m | - |
| Credit institutions430/8 | - | - | - | - | - | - | €0.001m | - |
| Trade debts44 | €0.001m | €0.05m | €0.001m | €220 | €0.002m | €252 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €220 | €0.002m | €252 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.02m | €135 | €0.001m | ▲ 741% |
| Taxes450/3 | - | - | - | - | €0.02m | €135 | €135 | = |
| Remuneration and social security454/9 | - | - | - | - | €0 | €0 | €0.001m | - |
| Other amounts payable47/48 | - | - | - | €0.003m | €0.006m | €0.01m | €0.01m | ▲ 26.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €0.01m | €0.01m | €0.01m | ▲ 14.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €99,528 | €13,006 | €6,886 | €94,902 | -€37,614 | -€43,971 | -€55,138 | ▼ 25.4% |
| + Depreciation and write-downs630 | €7,314 | €7,314 | €7,314 | €7,314 | €7,314 | - | - | - |
| Operating cash flow (approximation) | €106,842 | €20,319 | €14,200 | €102,216 | -€30,301 | -€43,971 | -€55,138 | ▼ 25.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€249,080 | €30,272 | €174,648 | -€196,285 | -€6,362 | -€145,028 | ▼ 2,180% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.