DEVATOR INVEST
ActiveDEVATOR INVEST has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €491k and a net result of €51k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+1
Solvency86▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 0.64 in 2024; short-term debt: 15.7% and cash: 15.1% of total assets), and 38.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
61.1%
Return on assets
6.3%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
25 d late
2023
29 d late
2022
29 d late
2021
11 d early
2020
16 d early
2019
41 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€491k▲ 11.5%
2024 · €440k
2018: €237k
2019: €276k
2020: €260k
2021: €301k
2022: €348k
2023: €391k
2024: €440k
2018 → 2025
Total assets
€803k▼ 1.1%
2024 · €812k
2018: €451k
2019: €451k
2020: €777k
2021: €781k
2022: €811k
2023: €808k
2024: €812k
2018 → 2025
Net result
€51k▲ 3.3%
2024 · €49k
2018: €2k
2019: €39k
2020: €-15k
2021: €40k
2022: €47k
2023: €43k
2024: €49k
2018 → 2025
Working capital
€15k
2024 · €-57k
2018: €129k
2019: €157k
2020: €-36k
2021: €-32k
2022: €-13k
2023: €-102k
2024: €-57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€301k-€348k▲ 15.7%€391k▲ 12.4%€440k▲ 12.5%€491k▲ 11.5%
Operating result€56k-€70k▲ 23.9%€65k▼ 7.3%€74k▲ 14.1%€75k▲ 1.1%
Net result€40k-€47k▲ 17.3%€43k▼ 8.3%€49k▲ 13.3%€51k▲ 3.3%
Turnover and EBIT margin not published: the micro 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 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €803k
Fixed assets
€662k▼ 7.2%
Current assets
€141k▲ 42.6%
Equity and liabilities €803k
Equity
€491k▲ 11.5%
Debt
€312k▼ 16.0%
The debt ratio falls from 45.8% to 38.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€126k▲
2024 · €125k
Cash flow
€102k▲
2024 · €100k
Solvency
61.1%▲
2024 · 54.2%
Current ratio
1.12▲
2024 · 0.64
Quick ratio
1.12▲
2024 · 0.64
Debt / equity
0.64▼
2024 · 0.84
ROE
10.3%▼
2024 · 11.1%
ROA
6.3%▲
2024 · 6.0%
Interest coverage
14.67▲
2024 · 12.51
Debt
€312k▼
2024 · €372k
Debt ≤ 1 year
€126k▼
2024 · €156k
Debt > 1 year
€182k▼
2024 · €211k
Income taxes
€15k▲
2024 · €15k
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€812k€803k▼
Fixed assets21/28€713k€662k▼
Tangible fixed assets22/27€713k€662k▼
Land and buildings22€634k€613k▼
Furniture and vehicles24€79k€49k▼
Current assets29/58€99k€141k▲
Amounts receivable within one year40/41€7k€20k▲
Trade receivables40€5k€5k=
Other amounts receivable41€2k€15k▲
Cash at bank and in hand54/58€92k€121k▲
Equity and liabilities
Total equity and liabilities10/49€812k€803k▼
Equity10/15€440k€491k▲
Contributions10/11€12k€12k=
Reserves13€427k€477k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€425k€475k▲
Profit (loss) carried forward14€590€1k▲
Amounts payable17/49€372k€312k▼
Amounts payable after more than one year17€211k€182k▼
Financial debts170/4€211k€182k▼
Amounts payable within one year42/48€156k€126k▼
Current portion of amounts payable after more than one year42€56k€29k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€27k€28k▲
Taxes450/3€27k€28k▲
Other amounts payable47/48€71k€67k▼
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€51k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€130k€132k▲
Operating profit (loss)9901€74k€75k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€64k€66k▲
Income taxes67/77€15k€15k▲
Profit (loss) for the period9904€49k€51k▲
Profit (loss) for the period to be appropriated9905€49k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€51k▲
Profit (loss) brought forward from the previous period14P€2k€590▼
Transfer to equity691/2€50k€50k=
To other reserves6921€50k€50k=
The notes to these accounts (15 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
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €51k ▲3.3%
Operating result €75k, net result €51k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-15k ▼140%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
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.
Directors · office · real estate
Directors
1 act for this company is 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, Torhout · 1 establishment unit since 2011
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.
Ambachtstraat 248820 TorhoutGround area
1,617 m²
Building footprint
430 m²
Volume, LiDAR
1,987 m³
Parcel 31522B0353/00T000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ambachtstraat 24, 8820 Torhout
since 20112.196.621.319
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0353/00T000 | Flanders | 1,617 m² | 1 · 430 m² | 9.6 m · 2 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 34,780 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-02-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.