Equity
€155,275 ▼ 34.7%
DEVARO paid out €72,669 in dividends in a year with a loss of €9,887.
DEVARO
Lifetime
17 annual accounts with figures on one time axispeak €173,213 (2019)
€53,016▼ 39.0%
lowest -€11,952 (2020)
-€9,887▼ €11,165
peak €237,831 (2024)
€155,275▼ 34.7%
€25,405▲ 9.5%
peak 2 FTE (2020)
-not published
Board1 name since 2021
1 directorVAN ROY Dirk Ghislain
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €86,883 to €53,016Loss of €9,887Dividend €72,669Equity from €237,831 to €155,275Cash from €100,341 to €6,324
Key points
from the 2025 annual accountsFilings
17 annual accounts since 2009
The last five annual accounts were filed 19 to 38 days before the end of the period.
Position in the sector
85.9%
Higher solvency than 89% of companies in real estate. Sector median 28.9% · 17,194 companies.
Checked score
87
Excellent
Financially stronger than 45% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Loss of €9,887 (financial year 2025)
lowers risk
Founded in 2008
Equity €155,275 (85.9% of total assets)
Sector: Real estate activities (NACE 68)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 59% on liquidity, 14% on profitability and 15% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as DEVARO has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEVARO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for DEVARO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.73 (10.81 in 2024), above the usual 1.5. Short-term debt is 14.1% and cash 3.5% of total assets. 14.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
20 days early
2023
19 days early
2022
22 days early
2021
38 days early
2020
26 days early
2019
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0898692231
Registered office moved from Ternat to Dilbeek
New registered office: Smissenbosstraat 50, 1700 Dilbeek · Previous registered office: Assesteenweg 228, 1742 Ternat · Change of role: VAN ROY Dirk Ghislain, from statutory manager to director · General meeting of 18-12-2023 · Gazette deed
Environmental permit granted
Verwijderen van vrijstaande gebouwen · Ternat
First establishment
Smissenbosstraat 50, Dilbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEVARO Dilbeek | €180,680 | €53,016 | 85.9% | - |
| Vastgoed patrick rowies Kampenhout | €219,892 | €55,637 | 45.6% | - |
| IMPERIUM CARE Aarschot | €179,209 | €57,776 | -2.0% | - |
| CC IMMO Antwerp | €179,591 | €61,320 | 62.3% | - |
| ROELANDT & PARTNERS Geraardsbergen | €195,853 | €55,533 | 45.8% | - |
| ICK Merelbeke-Melle | €164,973 | €47,999 | 51.4% | - |
| ANNAKX Antwerp | €166,751 | €47,550 | 84.7% | - |
These companies have the same main activity as DEVARO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €165,000 and €220,000, founded between 2004 and 2009.
Official details
Source: KBO- Status
- Active since 20-06-2008Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 6 others
- Establishment unit
- 2.171.812.3801700 Dilbeek, since 07-02-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2025
- ≈ €110,000estimated
- €180,680▼ 30.8%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on DEVARO
DEVARO files the micro format. That format states no turnover. The gross margin rose from €21,112 in 2009 to €53,016 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DEVARO
- What is the company number of DEVARO?
- The company number of DEVARO is 0898.692.231. The VAT number is the same number with BE in front: BE 0898.692.231.
- Where is DEVARO based?
- The registered office is at Smissenbosstraat 50, 1700 Dilbeek.Company details
- What does DEVARO do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of DEVARO?
- DEVARO is a private limited company (BV).
- When was DEVARO founded?
- DEVARO was founded on 20-06-2008.
- Is DEVARO still active?
- Yes, DEVARO is an active enterprise in the KBO register.
- How many employees does DEVARO have?
- DEVARO had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DEVARO?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €53,016 and 32 comparable companies (NACE 683). It probably lies between €73,000 and €150,000.
- Is DEVARO profitable?
- In financial year 2025, DEVARO made a loss of €9,887.
- Where can I find the annual accounts of DEVARO?
- DEVARO filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEVARO due?
- DEVARO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.