DEVATEZ
ActiveSummary
The computed 12-month bankruptcy probability of DEVATEZ is 2.1% (moderate). The annual accounts of DEVATEZ for fiscal year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €9k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 13417 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency53▼-40
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.18 against 2.54 in 2024; short-term debt: 71.9% and cash: 0.5% of total assets), and 71.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.1%
Return on assets
-34%
Age of the figures
9 mo
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
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
34 d early
2023
on the day
2022
2 d late
2021
2 d late
2020
25 d late
2019
on the day
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 54.7%
2024 · €21k
2019: €13k
2020: €9k▼ -31.5% vs 2019
2021: €2k▼ -71.7% vs 2020
2022: €-16k▼ -736% vs 2021lowest in 7 years
2023: €-9k▲ +42.2% vs 2022
2024: €21k▲ +327% vs 2023highest in 7 years
2025: €9k▼ -54.7% vs 2024
2019 → 2025
Total assets
€33k▲ 9.4%
2024 · €30k
2019: €106khighest in 7 years
2020: €80k▼ -23.9% vs 2019
2021: €63k▼ -21.8% vs 2020
2022: €41k▼ -35.5% vs 2021
2023: €31k▼ -23.8% vs 2022
2024: €30k▼ -1.6% vs 2023lowest in 7 years
2025: €33k▲ +9.4% vs 2024
2019 → 2025
Net result
€-11k
2024 · €30k
2019: €-2k
2020: €-4k▼ -107% vs 2019
2021: €-6k▼ -55.5% vs 2020
2022: €-18k▼ -191% vs 2021lowest in 7 years
2023: €7k▲ +136% vs 2022
2024: €30k▲ +348% vs 2023highest in 7 years
2025: €-11k▼ -138% vs 2024
2019 → 2025
Working capital
€4k▼ 71.6%
2024 · €15k
2019: €-20k
2020: €-20k▲ +1.0% vs 2019
2021: €-28k▼ -38.8% vs 2020
2022: €-32k▼ -15.6% vs 2021lowest in 7 years
2023: €-23k▲ +27.0% vs 2022
2024: €15k▲ +165% vs 2023highest in 7 years
2025: €4k▼ -71.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€-16k€-9k▲ 42.2%€21k€9k▼ 54.7%
2021: €2k
2022: €-16k▼ -736% vs 2021lowest in 5 years
2023: €-9k▲ +42.2% vs 2022
2024: €21k▲ +327% vs 2023highest in 5 years
2025: €9k▼ -54.7% vs 2024
Operating result€-4k-€-16k▼ 322%€10k€37k▲ 288%€-10k
2021: €-4k
2022: €-16k▼ -322% vs 2021lowest in 5 years
2023: €10k▲ +159% vs 2022
2024: €37k▲ +288% vs 2023highest in 5 years
2025: €-10k▼ -127% vs 2024
Net result€-6k-€-18k▼ 191%€7k€30k▲ 348%€-11k
2021: €-6k
2022: €-18k▼ -191% vs 2021lowest in 5 years
2023: €7k▲ +136% vs 2022
2024: €30k▲ +348% vs 2023highest in 5 years
2025: €-11k▼ -138% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €37k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€5k ▼ 9.7%
Current assets
€28k ▲ 13.7%
Equity and liabilities €33k
Equity
€9k ▼ 54.7%
Debt
€24k ▲ 145%
Debt's share of the balance-sheet total rises from 32.1% to 71.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-9k▼
2024 · €52k
Cash flow
€-11k▼
2024 · €44k
Current ratio
1.18▼
2024 · 2.54
Quick ratio
1.05▼
2024 · 2.12
Debt to equity
2.56▲
2024 · 0.47
ROE
-120.9%▼
2024 · 144.1%
ROA
-34.0%▼
2024 · 97.9%
Interest coverage
-16.89▼
2024 · 24.31
Debt ≤ 1 year
€24k▲
2024 · €10k
Income taxes
€605▼
2024 · €5k
Staff costs
€4k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€30k€33k▲
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€3k€3k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24-€223
Financial fixed assets28€2k€2k=
Current assets29/58€25k€28k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€15k€23k▲
Trade receivables40€217€600▲
Other amounts receivable41€15k€23k▲
Cash at bank and in hand54/58€3k€163▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€30k€33k▲
Equity10/15€21k€9k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14-€-11k
Amounts payable17/49€10k€24k▲
Amounts payable within one year42/48€10k€24k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€7k€16k▲
Taxes450/3€7k€7k▲
Remuneration and social security454/9€372€8k▲
Income statement
Code20242025
Remuneration, social security and pensions62€11k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€793▼
Other operating charges640/8€8k€3k▼
Gross operating margin9900€71k€-3k▼
Operating profit (loss)9901€37k€-10k▼
Financial income75/76B€37€27▼
Recurring financial income75€37€27▼
Financial charges65/66B€2k€555▼
Recurring financial charges65€2k€555▼
Profit (loss) for the period before taxes9903€35k€-11k▼
Income taxes67/77€5k€605▼
Profit (loss) for the period9904€30k€-11k▼
Profit (loss) for the period to be appropriated9905€30k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-11k▼
Profit (loss) brought forward from the previous period14P€-28k-
Transfer to equity691/2€2k-
To other reserves6921€2k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €9k | €9k | €11k | €4k | ▼ 68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €23k | €14k | €14k | €793 | ▼ 94.4% |
| Other operating charges640/8 | - | €2k | €1k | €8k | €3k | ▼ 58.8% |
| Gross operating margin9900 | €27k | €19k | €33k | €71k | €-3k | ▼ 104% |
| Operating profit (loss)9901 | €-4k | €-16k | €10k | €37k | €-10k | ▼ 127% |
| Financial income75/76B | - | €79 | €13 | €37 | €27 | ▼ 26.0% |
| Recurring financial income75 | €5 | €79 | €13 | €37 | €27 | ▼ 26.0% |
| Financial charges65/66B | - | €2k | €3k | €2k | €555 | ▼ 73.8% |
| Recurring financial charges65 | €2k | €2k | €3k | €2k | €555 | ▼ 73.8% |
| Profit (loss) for the period before taxes9903 | €-6k | €-18k | €7k | €35k | €-11k | ▼ 130% |
| Income taxes67/77 | €304 | €308 | €312 | €5k | €605 | ▼ 89.0% |
| Profit (loss) for the period9904 | €-6k | €-18k | €7k | €30k | €-11k | ▼ 138% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-18k | €7k | €30k | €-11k | ▼ 138% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63k | €41k | €31k | €30k | €33k | ▲ 9.4% |
| Fixed assets21/28 | €55k | €32k | €19k | €6k | €5k | ▼ 9.7% |
| Intangible fixed assets21 | €20k | €13k | €7k | - | - | - |
| Tangible fixed assets22/27 | €33k | €16k | €10k | €3k | €3k | ▼ 15.9% |
| Plant, machinery and equipment23 | - | €16k | €9k | €3k | €3k | ▼ 22.4% |
| Furniture and vehicles24 | - | €372 | €178 | - | €223 | - |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €7k | €8k | €12k | €25k | €28k | ▲ 13.7% |
| Stocks and contracts in progress3 | €5k | €2k | €2k | €4k | €3k | ▼ 27.8% |
| Stocks30/36 | - | €2k | €2k | €4k | €3k | ▼ 27.8% |
| Amounts receivable within one year40/41 | €957 | €4k | €7k | €15k | €23k | ▲ 50.4% |
| Trade receivables40 | - | €4k | €3k | €217 | €600 | ▲ 176% |
| Other amounts receivable41 | - | - | €4k | €15k | €23k | ▲ 48.6% |
| Cash at bank and in hand54/58 | €2k | €2k | €2k | €3k | €163 | ▼ 94.8% |
| Deferred charges and accrued income490/1 | - | €570 | €347 | €2k | €2k | ▼ 13.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63k | €41k | €31k | €30k | €33k | ▲ 9.4% |
| Equity10/15 | €2k | €-16k | €-9k | €21k | €9k | ▼ 54.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | - | - | €2k | €2k | = |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €-16k | €-34k | €-28k | - | €-11k | - |
| Amounts payable17/49 | €60k | €56k | €40k | €10k | €24k | ▲ 145% |
| Amounts payable after more than one year17 | €25k | €15k | €4k | - | - | - |
| Financial debts170/4 | - | €15k | €4k | - | - | - |
| Amounts payable within one year42/48 | €35k | €40k | €36k | €10k | €24k | ▲ 145% |
| Current portion of amounts payable after more than one year42 | - | €11k | €10k | - | - | - |
| Financial debts43 | - | €5k | €4k | - | €1k | - |
| Credit institutions430/8 | - | €5k | €4k | - | €1k | - |
| Trade debts44 | €6k | €17k | €19k | €3k | €7k | ▲ 164% |
| Suppliers440/4 | - | €17k | €19k | €3k | €7k | ▲ 164% |
| Taxes, remuneration and social security45 | - | €7k | €3k | €7k | €16k | ▲ 122% |
| Taxes450/3 | - | €854 | €1k | €7k | €7k | ▲ 9.5% |
| Remuneration and social security454/9 | - | €7k | €2k | €372 | €8k | ▲ 2,172% |
| Accrued charges and deferred income492/3 | - | €1k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-18k | €7k | €30k | €-11k | ▼ 138% |
| + Depreciation and write-downs630 | €23k | €23k | €14k | €14k | €793 | ▼ 94.4% |
| Operating cash flow (approximation) | €17k | €5k | €20k | €44k | €-11k | ▼ 124% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-1k | €-247 | ▲ 81.3% |
| Change in cash | - | €347 | €173 | €749 | €-3k | ▼ 495% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €30k ▲348%
Operating result €37k, net result €30k, both a record.
31-12
Financial
Liquidity times 7current ratio 2.54
Current ratio from 0.35 to 2.54; short-term debt falls from €36k to €10k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €7k
Net result €7k after 4 loss-making years.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
31-03
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Hemiksem · 1 establishment unit since 2014
Ground area
356 m²
Building footprint
240 m²
Volume, LiDAR
1,550 m³
2 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Den Bizzo
since 20142.231.313.071
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382C0214/00E009 | Flanders | 272 m² | 1 · 156 m² | 10.9 m · 3 fl. |
| 11018A0025/00Y000 | Flanders | 84 m² | 1 · 84 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.231.313.071
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DOSANJH
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RB&Romain
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MATILAN
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 6,755 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
Founded28-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.