DEVASLA
ActiveSummary
DEVASLA has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €940,186. Its solvency ranks better than 20% of 1755 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes
Profitability81
Solvency43
Growth-
Track record67
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.32; short-term debt: 20.1% and cash: 4% of total assets), and 82.1% of the assets are financed with debt.
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Signals
Five 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
17.9%
Return on assets
9.6%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1755 sector peers (2025).
NBB · sector comparisonPosition among 1755 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 company by total assets in Ardooie, Agriculture, forestry and fishing sector#7 company by equity in Ardooie, Agriculture, forestry and fishing sector
Equity
€1.7m
Total assets
€9.7m
Net result
€940,186
Working capital
-€1.3m
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €9.7m
Fixed assets
€9.1m
Current assets
€629,944
Equity and liabilities €9.7m
Equity
€1.7m
Debt
€8.0m
Debt finances 82.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€2.9m
Cash flow
€2.3m
Current ratio
0.32
Quick ratio
0.30
Debt to equity
4.60
ROE
54.0%
ROA
9.6%
Interest coverage
9.14
Debt ≤ 1 year
€2.0m
Debt > 1 year
€6.0m
Income taxes
€243,339
Staff costs
€397,783
Annual accounts
| Line | 2025 |
|---|---|
| Non-recurring operating income76A | €20,000 |
| Remuneration, social security and pensions62 | €397,783 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.4m |
| Other operating charges640/8 | €51,054 |
| Gross operating margin9900 | €3.3m |
| Operating profit (loss)9901 | €1.5m |
| Financial income75/76B | €3,737 |
| Recurring financial income75 | €3,737 |
| Financial charges65/66B | €311,856 |
| Recurring financial charges65 | €311,856 |
| Profit (loss) for the period before taxes9903 | €1.2m |
| Income taxes67/77 | €243,339 |
| Profit (loss) for the period9904 | €940,186 |
| Profit (loss) for the period to be appropriated9905 | €940,186 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €9.7m | |
| Fixed assets21/28 | €9.1m | |
| Tangible fixed assets22/27 | €9.1m | |
| Land and buildings22 | €5.0m | |
| Plant, machinery and equipment23 | €3.8m | |
| Furniture and vehicles24 | €346,576 | |
| Current assets29/58 | €629,944 | |
| Amounts receivable after more than one year29 | €5,883 | |
| Other amounts receivable291 | €5,883 | |
| Stocks and contracts in progress3 | €35,677 | |
| Stocks30/36 | €35,677 | |
| Amounts receivable within one year40/41 | €154,548 | |
| Trade receivables40 | €129,371 | |
| Other amounts receivable41 | €25,177 | |
| Current investments50/53 | €43,640 | |
| Cash at bank and in hand54/58 | €387,519 | |
| Deferred charges and accrued income490/1 | €2,676 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €9.7m | |
| Equity10/15 | €1.7m | |
| Contributions10/11 | €800,000 | |
| Reserves13 | €940,186 | |
| Distributable reserves133 | €940,186 | |
| Amounts payable17/49 | €8.0m | |
| Amounts payable after more than one year17 | €6.0m | |
| Financial debts170/4 | €6.0m | |
| Amounts payable within one year42/48 | €2.0m | |
| Current portion of amounts payable after more than one year42 | €684,736 | |
| Trade debts44 | €54,147 | |
| Suppliers440/4 | €54,147 | |
| Taxes, remuneration and social security45 | €160,990 | |
| Taxes450/3 | €137,305 | |
| Remuneration and social security454/9 | €23,685 | |
| Other amounts payable47/48 | €1.1m | |
| Accrued charges and deferred income492/3 | €6,884 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €940,186 |
| + Depreciation and write-downs630 | €1.4m |
| Operating cash flow (approximation) | €2.3m |
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
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
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, Ardooie · 1 establishment unit since 2023
Ground area
6,487 m²
Building footprint
208 m²
Parcel 36001A0429/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
DEVASLA
since 20232.352.964.632
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001A0429/00B000 | Flanders | 6,487 m² | 1 · 208 m² | - |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 40,699 EUR awarded · 40,699 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 40,699 EUR | 40,699 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteArdooie2.352.964.632
Similar companies · same sector, comparable size
EUROGUNST
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BE 0438.233.825
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LYTOMA
BE 0806.925.677
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BELTOMEX
BE 0437.747.340
Berlaar · Eq €1,724,059
FLANDERS GREEN FARM
BE 0811.447.362
Ieper · Eq €1,723,819
Of 3,623 companies in sector 01130 we hold annual accounts for 789. 532 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
Founded30-11-2023
Fiscal year end30-06
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
Scores and ratios are computed by Checked and are not a credit decision.