DEVAS CONSULT
ActiveSummary
DEVAS CONSULT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,178 and a net result of €27,494. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▼-4
Solvency51▼-13
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.61 in 2024; short-term debt: 36.6% and cash: 28.9% of total assets), and 74.1% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
25.9%
Return on assets
21.5%
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
16 d early
2023
29 d late
2022
31 d late
2021
26 d late
2020
60 d late
2019
104 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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.
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, micro schema
Equity
€33,178▼ 27.4%
2024 · €45,683
Total assets
€128,011▲ 8.4%
2024 · €118,123
Net result
€27,494▼ 48.8%
2024 · €53,664
Working capital
€12,908▼ 70.9%
2024 · €44,430
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
Line20212022202320242025
Operating result€56,036▲ 172%€63,224▲ 12.8%€56,289▼ 11.0%€67,103▲ 19.2%€35,757▼ 46.7%
Net result€37,594within the sector's middle half▲ 152%€45,523above the sector's middle half▲ 21.1%€42,020within the sector's middle half▼ 7.7%€53,664above the sector's middle half▲ 27.7%€27,494within the sector's middle half▼ 48.8%
Equity€131,902within the sector's middle half▲ 37.5%€175,825above the sector's middle half▲ 33.3%€216,245above the sector's middle half▲ 23.0%€45,683within the sector's middle half▼ 78.9%€33,178within the sector's middle half▼ 27.4%
Total assets€143,903within the sector's middle half▲ 24.4%€194,790within the sector's middle half▲ 35.4%€230,069within the sector's middle half▲ 18.1%€118,123within the sector's middle half▼ 48.7%€128,011within the sector's middle half▲ 8.4%
Debt€12,001▼ 39.2%€18,965▲ 58.0%€13,824▼ 27.1%€72,439▲ 424%€94,834▲ 30.9%
Working capital€117,262above the sector's middle half▲ 75.9%€174,788above the sector's middle half▲ 49.1%€215,545above the sector's middle half▲ 23.3%€44,430within the sector's middle half▼ 79.4%€12,908within the sector's middle half▼ 70.9%
Solvency91.7%above the sector's middle half▲ 8.7pp90.3%above the sector's middle half▼ 1.4pp94.0%above the sector's middle half▲ 3.7pp38.7%within the sector's middle half▼ 55.3pp25.9%within the sector's middle half▼ 12.8pp
Current ratio10.77above the sector's middle half▲ 6.3810.22above the sector's middle half▼ 0.5516.59above the sector's middle half▲ 6.381.61within the sector's middle half▼ 14.981.28within the sector's middle half▼ 0.34
Return on assets (ROA)26.1%above the sector's middle half▲ 13.2pp23.4%within the sector's middle half▼ 2.8pp18.3%within the sector's middle half▼ 5.1pp45.4%above the sector's middle half▲ 27.2pp21.5%within the sector's middle half▼ 24.0pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 47% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128,011
Fixed assets
€68,196 ▲ 5,342%
Current assets
€59,815 ▼ 48.8%
Equity and liabilities €128,011
Equity
€33,178 ▼ 27.4%
Debt
€94,834 ▲ 30.9%
Debt's share of the balance-sheet total rises from 61.3% to 74.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€48,265▼
2024 · €67,450
Cash flow
€40,002▼
2024 · €54,011
Debt to equity
2.86▲
2024 · 1.59
ROE
82.9%▼
2024 · 117.5%
Interest coverage
27.37▼
2024 · 177.04
Debt ≤ 1 year
€46,907▼
2024 · €72,439
Debt > 1 year
€47,927
Income taxes
€6,500▼
2024 · €21,189
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 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 3,815 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €16,500 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,714 | €13,603 | €1,012 | €347 | €12,508 | ▲ 3,505% |
| Other operating charges640/8 | €898 | €905 | €798 | €1,025 | €1,390 | ▲ 35.7% |
| Non-recurring operating charges66A | €2,518 | - | - | - | - | - |
| Gross operating margin9900 | €73,167 | €77,732 | €58,098 | €68,474 | €49,655 | ▼ 27.5% |
| Operating profit (loss)9901 | €56,036 | €63,224 | €56,289 | €67,103 | €35,757 | ▼ 46.7% |
| Financial income75/76B | €8 | €12 | €3,534 | €8,131 | €0 | ▼ 100.0% |
| Recurring financial income75 | €8 | €12 | €3,534 | €8,131 | €0 | ▼ 100.0% |
| Financial charges65/66B | €2,999 | €435 | €656 | €381 | €1,764 | ▲ 363% |
| Recurring financial charges65 | €340 | €435 | €656 | €381 | €1,764 | ▲ 363% |
| Non-recurring financial charges66B | €2,660 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €53,045 | €62,800 | €59,168 | €74,853 | €33,994 | ▼ 54.6% |
| Income taxes67/77 | €15,451 | €17,278 | €17,148 | €21,189 | €6,500 | ▼ 69.3% |
| Profit (loss) for the period9904 | €37,594 | €45,523 | €42,020 | €53,664 | €27,494 | ▼ 48.8% |
| Profit (loss) for the period to be appropriated9905 | €37,594 | €45,523 | €42,020 | €53,664 | €27,494 | ▼ 48.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €143,903 | €194,790 | €230,069 | €118,123 | €128,011 | ▲ 8.4% |
| Fixed assets21/28 | €14,640 | €1,037 | €700 | €1,253 | €68,196 | ▲ 5,342% |
| Tangible fixed assets22/27 | €14,615 | €1,012 | €700 | €1,253 | €68,196 | ▲ 5,342% |
| Plant, machinery and equipment23 | €1,428 | €1,012 | €700 | €1,253 | €761 | ▼ 39.3% |
| Furniture and vehicles24 | €13,187 | - | - | - | €67,435 | - |
| Financial fixed assets28 | €25 | €25 | €0 | - | - | - |
| Current assets29/58 | €129,263 | €193,753 | €229,369 | €116,870 | €59,815 | ▼ 48.8% |
| Amounts receivable within one year40/41 | €16,035 | €11,154 | €9,539 | €18,326 | €10,983 | ▼ 40.1% |
| Trade receivables40 | €11,354 | €8,426 | €6,632 | €18,150 | €7,299 | ▼ 59.8% |
| Other amounts receivable41 | €4,681 | €2,728 | €2,907 | €176 | €3,684 | ▲ 1,998% |
| Current investments50/53 | - | - | €175,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €105,445 | €173,743 | €32,856 | €73,742 | €37,048 | ▼ 49.8% |
| Deferred charges and accrued income490/1 | €7,784 | €8,855 | €11,973 | €24,801 | €11,784 | ▼ 52.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €143,903 | €194,790 | €230,069 | €118,123 | €128,011 | ▲ 8.4% |
| Equity10/15 | €131,902 | €175,825 | €216,245 | €45,683 | €33,178 | ▼ 27.4% |
| Contributions10/11 | €47,500 | €47,500 | €47,500 | €0 | - | - |
| Reserves13 | €84,402 | €128,325 | €168,745 | €45,683 | €33,178 | ▼ 27.4% |
| Non-distributable reserves130/1 | €4,750 | €4,750 | €0 | - | - | - |
| Reserves not available under the articles1311 | €4,750 | €4,750 | €0 | - | - | - |
| Distributable reserves133 | €79,652 | €123,575 | €168,745 | €45,683 | €33,178 | ▼ 27.4% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €12,001 | €18,965 | €13,824 | €72,439 | €94,834 | ▲ 30.9% |
| Amounts payable after more than one year17 | - | - | - | - | €47,927 | - |
| Financial debts170/4 | - | - | - | - | €47,927 | - |
| Amounts payable within one year42/48 | €12,001 | €18,965 | €13,824 | €72,439 | €46,907 | ▼ 35.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €13,854 | - |
| Trade debts44 | €2,430 | €7,484 | €527 | €12,452 | €23,071 | ▲ 85.3% |
| Suppliers440/4 | €2,430 | €7,484 | €527 | €12,452 | €23,071 | ▲ 85.3% |
| Taxes, remuneration and social security45 | €7,196 | €4,731 | €12,012 | €6,071 | €7,978 | ▲ 31.4% |
| Taxes450/3 | €7,196 | €2,731 | €12,012 | €6,071 | €7,978 | ▲ 31.4% |
| Remuneration and social security454/9 | - | €2,000 | €0 | - | - | - |
| Other amounts payable47/48 | €2,375 | €6,749 | €1,285 | €53,916 | €2,004 | ▼ 96.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,594 | €45,523 | €42,020 | €53,664 | €27,494 | ▼ 48.8% |
| + Depreciation and write-downs630 | €13,714 | €13,603 | €1,012 | €347 | €12,508 | ▲ 3,505% |
| Operating cash flow (approximation) | €51,308 | €59,126 | €43,032 | €54,011 | €40,002 | ▼ 25.9% |
| Investment in fixed assets (approximation) | - | €0 | -€675 | -€900 | -€79,451 | ▼ 8,728% |
| Change in cash | - | €68,299 | -€140,887 | €40,886 | -€36,694 | ▼ 190% |
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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €53,664 ▲27.7%
Operating result €67,103, net result €53,664, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €200,000Eq €216,245 ▲23%
6 profitable years in a row build equity to €216,245.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €150,000Eq €175,825 ▲33.3%
5 profitable years in a row build equity to €175,825.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 10.77
Current ratio from 4.39 to 10.77; short-term debt falls from €19,661 to €12,001.
31-12
Financial
Equity above €100,000Eq €131,902 ▲37.5%
4 profitable years in a row build equity to €131,902.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 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, Kortrijk · 1 establishment unit since 1995
Ground area
2,736 m²
Building footprint
1,487 m²
Volume, LiDAR
4,905 m³
Parcel 34352A0713/00A000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVAS-CONSULT BVBA
since 19952.073.168.033
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0713/00A000 | Flanders | 2,736 m² | 1 · 1,487 m² | 9.4 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
Legal Entity Identifier
6488G84MS21WNX033J15
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 6,486 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
Founded04-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
64210Activities of holding companies
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0455891189
Also
9925:BE0455891189
Registered
06-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.