Devart
Dissolution or liquidationSummary
The KBO register records for Devart the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €378,969 and a net result of €100,944.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€378,969▲ 36.3%
2020 · €278,025
Total assets
€677,755▲ 38.4%
2020 · €489,821
Net result
€100,944▲ 27.1%
2020 · €79,399
Working capital
€413,230▲ 29.0%
2020 · €320,430
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
Line2018201920202021
Operating result€66,499-€89,891▲ 35.2%€91,951▲ 2.3%€148,943▲ 62.0%
Net result€51,746-€64,332▲ 24.3%€79,399▲ 23.4%€100,944▲ 27.1%
Equity€134,294-€198,626▲ 47.9%€278,025▲ 40.0%€378,969▲ 36.3%
Total assets€233,213-€360,323▲ 54.5%€489,821▲ 35.9%€677,755▲ 38.4%
Debt€98,919-€161,697▲ 63.5%€211,796▲ 31.0%€298,787▲ 41.1%
Working capital€155,731-€242,427▲ 55.7%€320,430▲ 32.2%€413,230▲ 29.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2021 is 62% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €677,755
Fixed assets
€1,494 ▼ 80.8%
Current assets
€676,261 ▲ 40.3%
Equity and liabilities €677,755
Equity
€378,969 ▲ 36.3%
Debt
€298,787 ▲ 41.1%
Debt's share of the balance-sheet total rises from 43.2% to 44.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€156,823▲
2020 · €104,731
Cash flow
€108,823▲
2020 · €92,178
Current ratio
2.57▼
2020 · 2.98
Debt to equity
0.79▲
2020 · 0.76
ROE
26.6%▼
2020 · 28.6%
ROA
14.9%▼
2020 · 16.2%
Interest coverage
63.08▲
2020 · 24.39
Debt ≤ 1 year
€263,031▲
2020 · €161,611
Debt > 1 year
€35,756▼
2020 · €50,185
Income taxes
€76,996▲
2020 · €39,049
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,099 | €22,890 | €12,780 | €7,879 | ▼ 38.3% |
| Other operating charges640/8 | - | €0 | - | €7,499 | - |
| Gross operating margin9900 | €107,883 | €112,780 | €104,731 | €164,321 | ▲ 56.9% |
| Operating profit (loss)9901 | €66,499 | €89,891 | €91,951 | €148,943 | ▲ 62.0% |
| Financial income75/76B | - | €14,666 | €30,790 | €31,482 | ▲ 2.2% |
| Recurring financial income75 | - | €14,666 | €30,790 | €31,482 | ▲ 2.2% |
| Financial charges65/66B | - | €3,454 | €4,294 | €2,486 | ▼ 42.1% |
| Recurring financial charges65 | €1,322 | €3,454 | €4,294 | €2,486 | ▼ 42.1% |
| Profit (loss) for the period before taxes9903 | €65,177 | €101,103 | €118,447 | €177,939 | ▲ 50.2% |
| Income taxes67/77 | €13,430 | €36,771 | €39,049 | €76,996 | ▲ 97.2% |
| Profit (loss) for the period9904 | €51,746 | €64,332 | €79,399 | €100,944 | ▲ 27.1% |
| Profit (loss) for the period to be appropriated9905 | €51,746 | €64,332 | €79,399 | €100,944 | ▲ 27.1% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €233,213 | €360,323 | €489,821 | €677,755 | ▲ 38.4% |
| Fixed assets21/28 | €37,579 | €20,559 | €7,780 | €1,494 | ▼ 80.8% |
| Intangible fixed assets21 | €10,000 | €5,000 | €0 | - | - |
| Tangible fixed assets22/27 | €27,579 | €15,559 | €7,780 | €1,494 | ▼ 80.8% |
| Land and buildings22 | - | €11,646 | €5,823 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €1,494 | - |
| Furniture and vehicles24 | - | €3,913 | €1,957 | €0 | ▼ 100% |
| Current assets29/58 | €195,634 | €339,764 | €482,041 | €676,261 | ▲ 40.3% |
| Amounts receivable within one year40/41 | €130,015 | €339,764 | €460,480 | €665,268 | ▲ 44.5% |
| Trade receivables40 | - | €87,480 | €43,305 | €67,493 | ▲ 55.9% |
| Other amounts receivable41 | - | €252,284 | €417,175 | €597,775 | ▲ 43.3% |
| Cash at bank and in hand54/58 | €65,619 | €0 | €21,561 | €10,419 | ▼ 51.7% |
| Deferred charges and accrued income490/1 | - | - | - | €574 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €233,213 | €360,323 | €489,821 | €677,755 | ▲ 38.4% |
| Equity10/15 | €134,294 | €198,626 | €278,025 | €378,969 | ▲ 36.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - |
| Reserves13 | €1,860 | €180,026 | €259,425 | €360,369 | ▲ 38.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €178,166 | €257,565 | €358,509 | ▲ 39.2% |
| Profit (loss) carried forward14 | €113,834 | €0 | - | - | - |
| Amounts payable17/49 | €98,919 | €161,697 | €211,796 | €298,787 | ▲ 41.1% |
| Amounts payable after more than one year17 | €59,015 | €64,360 | €50,185 | €35,756 | ▼ 28.8% |
| Financial debts170/4 | - | €64,360 | €50,185 | €35,756 | ▼ 28.8% |
| Amounts payable within one year42/48 | €39,903 | €97,337 | €161,611 | €263,031 | ▲ 62.8% |
| Current portion of amounts payable after more than one year42 | - | €13,925 | €14,175 | €14,430 | ▲ 1.8% |
| Financial debts43 | - | €13,074 | €760 | €1,027 | ▲ 35.1% |
| Credit institutions430/8 | - | €13,074 | €760 | €1,027 | ▲ 35.1% |
| Trade debts44 | €621 | €0 | - | - | - |
| Suppliers440/4 | - | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €70,339 | €146,676 | €247,574 | ▲ 68.8% |
| Taxes450/3 | - | €70,339 | €146,676 | €247,574 | ▲ 68.8% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,746 | €64,332 | €79,399 | €100,944 | ▲ 27.1% |
| + Depreciation and write-downs630 | €34,099 | €22,890 | €12,780 | €7,879 | ▼ 38.3% |
| Operating cash flow (approximation) | €85,846 | €87,222 | €92,178 | €108,823 | ▲ 18.1% |
| Investment in fixed assets (approximation) | - | -€5,870 | €0 | -€1,594 | - |
| Change in cash | - | -€65,619 | €21,561 | -€11,142 | ▼ 152% |
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
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 141 days late
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 369 days late
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 657 days late
2021
31-12
Financial
Highest result since 2018net €100,944 ▲27.1%
Operating result €148,943, net result €100,944, both a record.
2020
31-12
Financial
Equity above €200,000Eq €278,025 ▲40%
3 profitable years in a row build equity to €278,025.
2019
31-12
Financial
Equity above €150,000Eq €198,626 ▲47.9%
2 profitable years in a row build equity to €198,626.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
18-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Brussel · 1 establishment unit since 2009
Ground area
4,653 m²
Building footprint
2,861 m²
Volume, LiDAR
80,518 m³
Parcel 21805E0475/00F000, Brussels · tallest building 34.5 m, ±9 floors. Linked by address, not a title deed.
355
companies at this address
See who is registered here
1 establishment unit
Devart
since 20092.177.597.936
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0475/00F000 | Brussels | 4,653 m² | 1 · 2,861 m² | 34.5 m · 9 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-02-2009
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.