DeVaTerra
ActiveDeVaTerra has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+9
Solvency37▲+9
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.05 in 2024; short-term debt: 38.7% and cash: 7.2% of total assets), and 88.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
11.8%
Return on assets
8.3%
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 13% of 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 13%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €43k
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 22-12-2025, 40 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
40 d early
2024
28 d early
2023
43 d early
2022
68 d early
2021
60 d early
2020
6 d early
2019
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€43k▲ 233%
2024 · €13k
2019: €71k
2020: €122k
2021: €84k
2022: €97k
2023: €9k
2024: €13k
2019 → 2025
Total assets
€360k▼ 13.0%
2024 · €414k
2019: €677k
2020: €833k
2021: €610k
2022: €522k
2023: €455k
2024: €414k
2019 → 2025
Net result
€30k▲ 618%
2024 · €4k
2019: €12k
2020: €51k
2021: €-38k
2022: €14k
2023: €-89k
2024: €4k
2019 → 2025
Working capital
€18k▲ 134%
2024 · €8k
2019: €113k
2020: €168k
2021: €85k
2022: €110k
2023: €-9k
2024: €8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€97k▲ 16.4%€9k▼ 91.1%€13k▲ 48.0%€43k▲ 233%
Operating result€-26k-€25k€-81k€9k€32k▲ 260%
Net result€-38k-€14k€-89k€4k€30k▲ 618%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 260% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €360k
Fixed assets
€202k▼ 16.5%
Current assets
€158k▼ 8.0%
Equity and liabilities €360k
Equity
€43k▲ 233%
Debt
€318k▼ 20.8%
The debt ratio falls from 96.9% to 88.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€103k▼
2024 · €124k
Cash flow
€100k▼
2024 · €119k
Solvency
11.8%▲
2024 · 3.1%
Current ratio
1.13▲
2024 · 1.05
Quick ratio
0.69▼
2024 · 0.83
Debt / equity
7.47▼
2024 · 31.40
ROE
70.0%▲
2024 · 32.4%
ROA
8.3%▲
2024 · 1.0%
Interest coverage
39.53▲
2024 · 25.51
Debt
€318k▼
2024 · €401k
Debt ≤ 1 year
€139k▼
2024 · €164k
Debt > 1 year
€176k▼
2024 · €227k
Staff costs
€130k▼
2024 · €166k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€414k€360k▼
Fixed assets21/28€242k€202k▼
Tangible fixed assets22/27€240k€200k▼
Plant, machinery and equipment23€155k€96k▼
Furniture and vehicles24-€25k
Other tangible fixed assets26€86k€79k▼
Financial fixed assets28€2k€3k▲
Current assets29/58€172k€158k▼
Stocks and contracts in progress3€36k€62k▲
Stocks30/36€6k€6k▲
Contracts in progress37€30k€55k▲
Amounts receivable within one year40/41€85k€65k▼
Trade receivables40€76k€54k▼
Other amounts receivable41€9k€12k▲
Cash at bank and in hand54/58€49k€26k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€414k€360k▼
Equity10/15€13k€43k▲
Contributions10/11€20k€20k=
Reserves13€64k€64k=
Distributable reserves133€64k€64k=
Profit (loss) carried forward14€-72k€-42k▲
Amounts payable17/49€401k€318k▼
Amounts payable after more than one year17€227k€176k▼
Financial debts170/4€34k-
Other amounts payable178/9€193k€176k▼
Amounts payable within one year42/48€164k€139k▼
Current portion of amounts payable after more than one year42€140k€111k▼
Trade debts44€8k€18k▲
Suppliers440/4€8k€18k▲
Taxes, remuneration and social security45€16k€11k▼
Taxes450/3€3k€867▼
Remuneration and social security454/9€13k€10k▼
Accrued charges and deferred income492/3€11k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€413
Remuneration, social security and pensions62€166k€130k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115k€70k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€293k€234k▼
Operating profit (loss)9901€9k€32k▲
Financial income75/76B€18€50▲
Recurring financial income75€18€50▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€4k€30k▲
Profit (loss) for the period9904€4k€30k▲
Profit (loss) for the period to be appropriated9905€4k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€-42k▲
Profit (loss) brought forward from the previous period14P€-76k€-72k▲
Social balance
Average headcount (FTE)90872.82.0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-89k ▼745%
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Highest result since 2019net €51k ▲317%
Operating result €75k, net result €51k, both a record.
30-06
Financial
Equity above €100kEq €122k ▲71.2%
2 profitable years in a row build equity to €122k.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudenburg · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zandvoordsestraat 788460 OudenburgGround area
1,130 m²
Building footprint
247 m²
Volume, LiDAR
1,972 m³
Parcel 35014B0618/00P000, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DeVaTerra
since 20172.262.013.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35014B0618/00P000 | Flanders | 1,130 m² | 1 · 247 m² | 13.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Recognised contractor
6 categoriesDeVaTerra BV40434
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,420 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2017
Fiscal year end30-06
Activities, NACEBEL
42212Civil engineering
43120Site preparation
42110Construction of roads and motorways
42120Civil engineering
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.