Starting capital
€5,000 100 shares
DEVASS
Overview
Lifetime
1 annual account with figurespeak -€4,362 (2025)
-€4,362
lowest -€525 (2025)
-€525
peak €39,425 (2025)
€39,425
€54,180
Board2 names since 2023
2 directorsVANIAN,Anna and 1 other
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
Loss of €525Registered office moved from Kuurne to Harelbeke 24-03First year with figures
Key points
from the 2025 annual accountsPosition in the sector
€39,425
Less equity than 81% of companies in wholesale trade. Sector median €360,959 · 9,897 companies.
2025 accounts filed 27 days after the deadlineTurnover not published (abbreviated format)
Checked score
48
Fair
Financially stronger than 37% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 1.6%lowest value
02-2025: 1.7%▲ +0.1 percentage points vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 4.1%▲ +2.4 percentage points vs 03-2025
05-2025: 4.3%▲ +0.2 percentage points vs 04-2025
06-2025: 4.7%▲ +0.4 percentage points vs 05-2025
07-2025: 4.9%▲ +0.2 percentage points vs 06-2025
08-2025: 4.9%● unchanged vs 07-2025
09-2025: 4.8%▼ -0.1 percentage points vs 08-2025
10-2025: 4.8%● unchanged vs 09-2025
11-2025: 5.1%▲ +0.3 percentage points vs 10-2025
12-2025: 5.3%▲ +0.2 percentage points vs 11-2025
01-2026: 5.3%● unchanged vs 12-2025
02-2026: 5.3%● unchanged vs 01-2026
03-2026: 5.3%● unchanged vs 02-2026
04-2026: 5.3%● unchanged vs 03-2026
05-2026: 5.3%● unchanged vs 04-2026
06-2026: 5.3%● unchanged vs 05-2026
07-2026: 9.8%▲ +4.5 percentage points vs 06-2026highest value
08-2026: 9.7%▼ -0.1 percentage points vs 07-2026
09-2026: 3.8%▼ -5.9 percentage points vs 08-2026
10-2026: 3.8%● unchanged vs 09-2026
11-2026: 3.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2023
Liquidity: current ratio 1.72
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 02-09-2026)
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 46, micro). It does better than 51% of them on solvency, 38% on liquidity and 21% on profitability.
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 moderate class on 30-06-2025, 2.4% 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, 2,145 companies had the same profile as DEVASS has now. Each dot stands for 6 companies, two years later.
91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DEVASS itself is higher: 3.8% within 12 months. It rests on far more data about DEVASS than the profile alone.
Test of the method
The method was tested on the 497,447 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 2,145 companies, not a prediction for DEVASS. 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 €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.72, above the usual 1.5. Short-term debt is 57.9% of total assets. However, 57.9% 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 risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
27 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered office moved from Kuurne to Harelbeke
New registered office: Groeningestraat 41, 8530 Harelbeke · Previous registered office: Hulstsestraat 83, 8520 Kuurne · Appointment: Deblauwe Bryan (director) · General meeting of 20-01-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1003517557
Incorporation
Founding capital of €5,000, 100 shares · Founder: VANIAN, Anna · Appointment: VANIAN, Anna (director) · published on 20-12-2023 · Gazette deed
First establishment
Groeningestraat 41, Harelbeke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEVASS Harelbeke | €93,605 | -€4,362 | 42.1% | - |
| UNIGULF INDUSTRIES EUROPE Dison | €74,222 | -€56,040 | -86.4% | - |
| North Genk | €116,375 | -€5,939 | 4.3% | - |
| Studio Esene Antwerp | €103,642 | -€30,760 | 33.8% | - |
| CLEANMARC Charleroi | €90,012 | -€2,341 | 9.0% | - |
| Maison Moderniste Turnhout | €151,793 | -€12,964 | -29.2% | - |
| QS Supplements Edegem | €91,588 | -€39,686 | -100.5% | - |
These companies have the same main activity as DEVASS: agents in the wholesale of furniture, household goods and hardware (NACE 46150). They are comparable in size and age: total assets between €74,200 and €152,000, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 18-12-2023Normal situation
- Activity
- Agents in the wholesale of furniture, household goods and hardwareNACE 46150and 3 others
- Establishment unit
- 2.353.642.6428530 Harelbeke, since 18-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-01-2025
Insights on DEVASS
The computed 12-month bankruptcy probability of DEVASS is 3.8% (moderate). The 2025 annual accounts show equity of €39,425 and a net result of -€525.
Its solvency ranks better than 49% of 9,901 sector peers (NACE 46, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 27-08-2026, 27 days late-€4,362
-€5,062
-€525
€39,087
42.1%
1.72
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €93,605 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
42.1%
Higher than 49% of 9,901 companies in 2025.
1.72
Higher than 49% of 9,664 companies in 2025.
-0.6%
Higher than 24% of 9,779 companies in 2025.
DEVASS
Middle half of the sector
80% of the sector
Abbreviated accounts in wholesale trade (NACE 46)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
93,605 | |
21/28 |
339 | |
22/27 |
339 | |
23 |
339 | |
29/58 |
93,267 | |
40/41 |
92,758 | |
40 |
38,444 | |
41 |
54,314 | |
490/1 |
508 | |
| Balance sheet: equity and liabilities | ||
10/49 |
93,605 | |
10/15 |
39,425 | |
10/11 |
5,000 | |
14 |
34,425 | |
17/49 |
54,180 | |
42/48 |
54,180 | |
43 |
2,127 | |
430/8 |
2,127 | |
44 |
24,468 | |
440/4 |
24,468 | |
46 |
15,518 | |
45 |
12,068 | |
450/3 |
12,068 | |
| Income statement | ||
9900 |
-4,362 | |
630 |
369 | |
640/8 |
330 | |
9901 |
-5,062 | |
75/76B |
1,792 | |
75 |
1,792 | |
65/66B |
644 | |
65 |
644 | |
9903 |
-3,914 | |
67/77 |
-3,389 | |
9904 |
-525 | |
9905 |
-525 | |
| Appropriation of the result | ||
9906 |
34,425 | |
14P |
34,950 | |
| Document | ||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00486129.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-08-2026 | 2026-00486129 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -4,692 | ||
| -156 | ||
| 39,087 | ||
| 42.1% | ||
| 1.72 | ||
| 1.37 | ||
| -1.3% | ||
| -0.6% | ||
| -7.29 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on DEVASS
Debt's share of the balance-sheet total is 57.9%.
Board & ownership
Board
2 directors, no change since 2025Director (not named in the articles)
since 18-12-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 20-12-2023
Mandates through the years
2 names, the dashed line is todayVANIAN,Anna
Director (not named in the articles)
Director (not named in the articles)
Deblauwe Bryan
Director
Director
Board
Mandates as a list
- VANIAN,Anna
- Director (not named in the articles), from 18-12-2023 to date
- Deblauwe Bryan
- Director, from 20-01-2025 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €394 in 2025
- Source
- deed of 20-12-2023
Articles of association
deed of 20-12-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- “Uittreksel uit de statuten: NAAM: DEVASS. ZETEL: De zetel van de vennootschap is gevestigd in het Vlaamse Gewest. DUUR: De vennootschap…”
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “bestuursorgaan is belast met het toezicht op het orgaan van dagelijks bestuur. EXTERNE VERTEGENWOORDIGINGSMACHT: Elke bestuurder…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Benoemingsbesluit kan bevoegdheden beperken, algemene vergadering stelt een of meerdere vereffenaars aan”
Founder
At incorporation
deed of 20-12-2023 ↗
- VANIAN,Anna sole founder · 100% at incorporation
Network & group
No group
DEVASS has no parent and no holdings in its annual accounts. DEVASS shares no director with another company.
Timeline
Timeline
5 events since 2023Board
Filings
Establishments
Address
2023202420252026
2026
Annual accounts 2025 filed NBBabbreviated format · 27 days late
2025
Registered office moved from Kuurne to HarelbekeNew registered office: Groeningestraat 41, 8530 Harelbeke · Previous registered office: Hulstsestraat 83, 8520 Kuurne · Appointment: Deblauwe Bryan (director) · General meeting of 20-01-20253 points ▸
- General meeting, 20-01-2025
- Director appointment, Deblauwe Bryan
- Registered-office move, Groeningestraat 41, 8530 Harelbeke
Registered in the Peppol Directory Reachable for e-invoices through 0208:1003517557
2023
IncorporationFounding capital of €5,000, 100 shares · Founder: VANIAN, Anna · Appointment: VANIAN, Anna (director) · published on 20-12-20234 points ▸
- Founder, VANIAN, Anna
- Founding capital, €5,000, 100 shares
- Registered office clause, Hulstsestraat 83, 8520 Kuurne
- Director appointment, VANIAN, Anna (director (not named in the articles))
- The deed holds 1 more point.
First establishment Groeningestraat 41, Harelbeke
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 18 December 2023, DEVASS was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 In 2025 the registered office moved to Harelbeke.3 Of the 2 current board members, VANIAN,Anna has served longest, since 2023.4
Company details
Identity
- Enterprise number
- 1003.517.557
- VAT number
- BE 1003.517.557
- Peppol ID
- 0208:1003517557
- Other Peppol ID
- 9925:BE1003517557
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-12-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “bestuursorgaan is belast met het toezicht op het orgaan van dagelijks bestuur. EXTERNE VERTEGENWOORDIGINGSMACHT: Elke bestuurder…”deed of 20-12-2023 (in Dutch)
- Peppol
- Reachable since 13-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- DEVASS in Dutch
- Name in the Peppol Directory
- Bryan Deblauwe
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- “Uittreksel uit de statuten: NAAM: DEVASS. ZETEL: De zetel van de vennootschap is gevestigd in het Vlaamse Gewest. DUUR: De vennootschap…”deed of 20-12-2023 (in Dutch)
Activities
NACEBEL 202546150
Agents in the wholesale of furniture, household goods and hardware main activity
Codes under NACEBEL 2008
46150
Wholesale trade main activity
46180
Wholesale trade
46190
Wholesale trade
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Optreden als handelsbemiddelaar; Onafhankelijke verkoop voor derden op commissiebasis; Optreden als tussenpersoon in de handel; Het opleiden…”deed of 20-12-2023 (in Dutch)
16 activities
- Optreden als handelsbemiddelaar;
- Onafhankelijke verkoop voor derden op commissiebasis;
- Optreden als tussenpersoon in de handel;
- Het opleiden en begeleiden van vertegenwoordigers in de ruimste zin van het woord; zoals het initiëren en vervolmaken van personen en rechtspersonen in presentatie- en verkooptechnieken;
- Het uitbaten van één of meer schoonheidssalons of -instituten, in de meeste ruime zin van het woord; zowel voor dames als voor heren;
- Groot- en kleinhandel van schoonheidsproducten, parfums, reukwaren, toiletartikelen en fantasiejuwelen;
- De uitbating van een haarkapperssalon;
- Laswerken en dit in de meest ruime zin van het woord; lascoördinatie, metaalschrijnwerk; reparatie van producten van metaal; de vervaardiging en de montage van metalen constructiewerken en gebinten voor de bouw; voor het monteren van al dan niet zelf vervaardigde metalen constructiewerken;
- De groot- en kleinhandel in, de handelsbemiddeling in, de import en export van bouwmaterialen in het algemeen, alle materialen, producten, toestellen en installaties, evenals hun aanhorigheden, die verband houden met de hogergenoemde activiteiten, evenals alle toebehoren en bijhorigheden van voorgaande producten; ijzerwaren, verf- en bouwmaterialen, inclusief alle materialen en producten die gewoonlijk verkocht worden in doe-het-zelfzaken;
- Het verstrekken van advies en consulting op financieel, sociaal, administratief gebied, voor zover als wettelijk toegelaten;
- Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen;
- Verhuur van niet-residentiële gebouwen zoals kantoorgebouwen, handelspanden, tentoonstellingsruimten, enzovoort;
- Handel in onroerende goederen: flatgebouwen, woningen en niet voor bewoning bestemde gebouwen, grond;
- Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren;
- Beheer van vermogens;
- De aankoop, verkoop, invoer, uitvoer, groot-en kleinhandel in voedingswaren, vleeswaren en afgeleide producten, alle drank en geschenkartikelen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Groeningestraat 41 registered office 8530 Harelbeke | 18-12-2023 | 2.353.642.642 |
1 former office
- Hulstsestraat 83, 8520 Kuurne until 20-01-2025 · deed of 24-03-2025
Buildings and parcels at the address
- Ground area
- 676 m²
- Buildings
- 128 m²
- Volume, LiDAR
- 656 m³
- Tallest building
- 7.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34013A1250/00E003 | 676 m² | 1 · 128 m² | 7.5 m · 2 |