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DEVARCH

Active
Private limited companyfounded 20178 yrs activeWoonwijkstraat 28, 1050 Elsene, BelgiumKBO/BCE: BE 0685.717.348
Summary

DEVARCH has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146k and a net result of €-39k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability9▼-61
Solvency55▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 2.16 in 2024; short-term debt: 4.5% and cash: 3.4% of total assets), and 69.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 07-04-2026, 115 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
115 d early
2024
34 d early
2023
30 d late
2022
25 d late
2021
34 d early
2020
32 d early
2019
32 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€146k▼ 21.0%
2024 · €185k
Total assets
€481k▼ 11.2%
2024 · €542k
Net result
€-39k
2024 · €4k
Working capital
€294▼ 99.0%
2024 · €28k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€-6k€59k€-14k€8k€-35k
Net result€-7k€43k€-18k€4k€-39k
Equity€156k▲ 3.3%€199k▲ 27.8%€181k▼ 8.9%€185k▲ 2.0%€146k▼ 21.0%
Total assets€592k▲ 215%€626k▲ 5.7%€567k▼ 9.3%€542k▼ 4.5%€481k▼ 11.2%
Debt€437k▲ 1,059%€427k▼ 2.2%€386k▼ 9.5%€357k▼ 7.5%€335k▼ 6.1%
Working capital€15k▼ 87.7%€27k▲ 81.5%€20k▼ 26.0%€28k▲ 41.2%€294▼ 99.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50kOperating result 2021: €-6k€-6kNet result 2021: €-7k€-7kOperating result 2022: €59k€59kNet result 2022: €43k€43kOperating result 2023: €-14k€-14kNet result 2023: €-18k€-18kOperating result 2024: €8k€8kNet result 2024: €4k€4kOperating result 2025: €-35k€-35kNet result 2025: €-39k€-39k20212022202320242025€-40k€-20k€0Operating result 2023: €-14k€-14kNet result 2023: €-18k€-18kOperating result 2024: €8k€8kNet result 2024: €4k€3.6kOperating result 2025: €-35k€-35kNet result 2025: €-39k€-39k202320242025
The operating result turns negative in 2025: a loss of €35k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €481k
Fixed assets €459k ▼ 6.2%
Current assets €22k ▼ 58.3%
Equity and liabilities €481k
Equity €146k ▼ 21.0%
Debt €335k ▼ 6.1%
Debt's share of the balance-sheet total rises from 65.9% to 69.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-4k▼
2024 · €43k
Cash flow
€-8k▼
2024 · €39k
Current ratio
1.01▼
2024 · 2.16
Debt to equity
2.30▲
2024 · 1.94
ROE
-26.6%▼
2024 · 2.0%
ROA
-8.1%▼
2024 · 0.7%
Interest coverage
-0.93▼
2024 · 10.90
Debt ≤ 1 year
€22k▼
2024 · €24k
Debt > 1 year
€314k▼
2024 · €333k
Income taxes
€215▼
2024 · €473
Staff costs
€0▼
2024 · €250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€542k€481k▼
Fixed assets21/28€489k€459k▼
Tangible fixed assets22/27€489k€459k▼
Land and buildings22€455k€438k▼
Plant, machinery and equipment23€21k€17k▼
Furniture and vehicles24€13k€4k▼
Financial fixed assets28€581€581=
Current assets29/58€52k€22k▼
Amounts receivable within one year40/41€8k€30▼
Trade receivables40€3k€0▼
Other amounts receivable41€5k€30▼
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€39k€17k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€542k€481k▼
Equity10/15€185k€146k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€164k€125k▼
Amounts payable17/49€357k€335k▼
Amounts payable after more than one year17€333k€314k▼
Financial debts170/4€333k€314k▼
Amounts payable within one year42/48€24k€22k▼
Current portion of amounts payable after more than one year42€19k€19k▲
Trade debts44€1k€88▼
Suppliers440/4€1k€88▼
Taxes, remuneration and social security45€3k€215▼
Taxes450/3€3k€215▼
Other amounts payable47/48€490€2k▲
Income statement Code20242025
Remuneration, social security and pensions62€250€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€31k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€45k€-2k▼
Operating profit (loss)9901€8k€-35k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€4k€-39k▼
Income taxes67/77€473€215▼
Profit (loss) for the period9904€4k€-39k▼
Profit (loss) for the period to be appropriated9905€4k€-39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€164k€125k▼
Profit (loss) brought forward from the previous period14P€161k€164k▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€925€0-€250€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€23k€33k€35k€31k▼ 11.0%
Other operating charges640/8€718€2k€2k€2k€2k▲ 10.3%
Gross operating margin9900€6k€84k€21k€45k€-2k▼ 104%
Operating profit (loss)9901€-6k€59k€-14k€8k€-35k▼ 532%
Financial income75/76B-€144€80€0--
Recurring financial income75-€144€80€0--
Financial charges65/66B€769€5k€4k€4k€4k▼ 3.6%
Recurring financial charges65€769€5k€4k€4k€4k▼ 3.6%
Profit (loss) for the period before taxes9903€-7k€55k€-18k€4k€-39k▼ 1,042%
Income taxes67/77€196€11k€167€473€215▼ 54.5%
Profit (loss) for the period9904€-7k€43k€-18k€4k€-39k▼ 1,171%
Profit (loss) for the period to be appropriated9905€-7k€43k€-18k€4k€-39k▼ 1,171%
Line20212022202320242025Change
Assets
Total assets20/58€592k€626k€567k€542k€481k▼ 11.2%
Fixed assets21/28€531k€543k€513k€489k€459k▼ 6.2%
Tangible fixed assets22/27€531k€542k€513k€489k€459k▼ 6.2%
Land and buildings22€506k€489k€472k€455k€438k▼ 3.7%
Plant, machinery and equipment23€2k€18k€17k€21k€17k▼ 20.4%
Furniture and vehicles24€23k€36k€24k€13k€4k▼ 66.6%
Financial fixed assets28€581€581€581€581€581=
Current assets29/58€61k€83k€54k€52k€22k▼ 58.3%
Amounts receivable within one year40/41€7k€12€20k€8k€30▼ 99.6%
Trade receivables40€2k€0€15k€3k€0▼ 100%
Other amounts receivable41€5k€12€5k€5k€30▼ 99.4%
Current investments50/53-€3k€3k€3k€3k=
Cash at bank and in hand54/58€52k€78k€29k€39k€17k▼ 57.7%
Deferred charges and accrued income490/1€2k€2k€2k€2k€2k▲ 5.8%
Equity and liabilities
Total equity and liabilities10/49€592k€626k€567k€542k€481k▼ 11.2%
Equity10/15€156k€199k€181k€185k€146k▼ 21.0%
Contributions10/11€19k€19k€19k€19k€19k=
Reserves13€2k€2k€2k€2k€2k=
Distributable reserves133€2k€2k€2k€2k€2k=
Profit (loss) carried forward14€135k€178k€161k€164k€125k▼ 23.6%
Amounts payable17/49€437k€427k€386k€357k€335k▼ 6.1%
Amounts payable after more than one year17€390k€371k€352k€333k€314k▼ 5.8%
Financial debts170/4€390k€371k€352k€333k€314k▼ 5.8%
Amounts payable within one year42/48€46k€56k€34k€24k€22k▼ 11.1%
Current portion of amounts payable after more than one year42€18k€19k€19k€19k€19k▲ 1.0%
Trade debts44€8k€18k€1k€1k€88▼ 92.9%
Suppliers440/4€8k€18k€1k€1k€88▼ 92.9%
Taxes, remuneration and social security45€19k€19k€14k€3k€215▼ 93.9%
Taxes450/3€19k€19k€14k€3k€215▼ 93.9%
Other amounts payable47/48€0€51€556€490€2k▲ 316%
Accrued charges and deferred income492/3€900€0----
Line20212022202320242025Change
Profit (loss) for the period9904€-7k€43k€-18k€4k€-39k▼ 1,171%
+ Depreciation and write-downs630€11k€23k€33k€35k€31k▼ 11.0%
Operating cash flow (approximation)€4k€66k€16k€39k€-8k▼ 120%
Investment in fixed assets (approximation)-€-34k€-4k€-11k€-1k▲ 90.7%
Change in cash-€26k€-49k€10k€-23k▼ 318%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series.
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial Back to profitnet €43k
Net result €43k after one loss-making year.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €150kEq €150k ▲71.7%
3 profitable years in a row build equity to €150k.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €65k ▲93.2%
Operating result €82k, net result €65k, both a record.
04-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Elsene · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,208 m²
Building footprint
485 m²
Volume, LiDAR
7,757 m³
2 parcels, Brussels · tallest building 22.6 m, ±6 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DEVARCH
Elyzeese Veldenstraat 33, 1050 ElseneReal estate development
since 20172.270.515.523
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21442A0295/00M000 Brussels 1,110 m² 1 · 428 m² 22.6 m · 6 fl.
21442A0132/00H007 Brussels 98 m² 1 · 57 m² 11.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,857 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
Founded07-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68121Development of residential building projects
Contact
E-mail info@devarch.eu
E-mail michaelpflueger@gmx.deElsene
Phone 0486203533Elsene

Scores and ratios are computed by Checked and are not a credit decision.