DEVAVAN
ActiveSummary
The computed 12-month bankruptcy probability of DEVAVAN is 4.0% (moderate). The 2025 annual accounts show negative equity (-€27,712) and a net result of -€9,442. Equity is shrinking by about 39% per year across the filed financial years. Its solvency ranks better than 14% of 4,754 sector peers (NACE 56, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€27,712
- Loss
- -€9,442
- Board
- 6 members
- DE DEYGERE KevinManaging director
Why 46raises riskSector: Food and beverage service activities (NACE 56)Loss of €9,442, the second in a row (financial year 2025)Negative equity -€27,712lowers riskSize: total assets €80,288Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 9% on solvency, 9% on liquidity, 19% on profitability and 14% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 26 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€23,811
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499137.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €8,616 in 2025 against €30,439 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 6,619 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,619 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €16,082 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €259 | €311 | €262 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,162 | €12,325 | €12,611 | €12,658 | €8,002 | €2,605 | €2,671 | €2,523 | ▼ 5.6% |
| Other operating charges640/8 | - | - | - | €598 | €768 | €805 | €737 | €656 | ▼ 11.1% |
| Gross operating margin9900 | €18,155 | €15,052 | €15,579 | -€7,941 | -€268 | €17,436 | -€27,030 | -€5,437 | ▲ 79.9% |
| Operating profit (loss)9901 | €2,566 | -€4,484 | €1,806 | -€21,456 | -€9,349 | €13,763 | -€30,439 | -€8,616 | ▲ 71.7% |
| Financial income75/76B | - | - | - | €1 | €153 | €20 | €9,403 | €2,268 | ▼ 75.9% |
| Recurring financial income75 | €1 | €1,391 | €1 | €1 | €153 | €20 | €9,403 | €2,268 | ▼ 75.9% |
| Financial charges65/66B | - | - | - | €1,582 | €2,072 | €2,787 | €2,776 | €3,093 | ▲ 11.4% |
| Recurring financial charges65 | €1,551 | €1,475 | €1,362 | €1,582 | €2,072 | €2,787 | €2,776 | €3,093 | ▲ 11.4% |
| Profit (loss) for the period before taxes9903 | €1,015 | -€4,569 | €446 | -€23,038 | -€11,268 | €10,996 | -€23,811 | -€9,442 | ▲ 60.3% |
| Income taxes67/77 | €0 | €0 | €306 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,015 | -€4,569 | €140 | -€23,038 | -€11,268 | €10,996 | -€23,811 | -€9,442 | ▲ 60.3% |
| Transfer to tax-exempt reserves689 | - | - | - | €150 | €129 | €140 | €356 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €678 | -€4,634 | €37 | -€23,188 | -€11,397 | €10,856 | -€24,168 | -€9,442 | ▲ 60.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €89,992 | €77,756 | €63,771 | €52,409 | €68,538 | €88,572 | €80,871 | €80,288 | ▼ 0.7% |
| Fixed assets21/28 | €42,315 | €37,079 | €27,668 | €16,651 | €10,598 | €14,157 | €14,611 | €16,285 | ▲ 11.5% |
| Intangible fixed assets21 | €29,658 | €21,324 | €12,991 | €4,658 | - | - | - | - | - |
| Tangible fixed assets22/27 | €12,657 | €10,755 | €9,678 | €6,993 | €3,648 | €7,207 | €7,661 | €9,335 | ▲ 21.8% |
| Plant, machinery and equipment23 | - | - | - | €1,271 | €800 | €1,946 | €2,344 | €1,666 | ▼ 28.9% |
| Furniture and vehicles24 | - | - | - | €3,474 | €2,141 | €2,459 | €3,017 | €5,639 | ▲ 86.9% |
| Other tangible fixed assets26 | - | - | - | €2,249 | €707 | €2,802 | €2,301 | €2,029 | ▼ 11.8% |
| Financial fixed assets28 | - | €5,000 | €5,000 | €5,000 | €6,950 | €6,950 | €6,950 | €6,950 | = |
| Current assets29/58 | €47,678 | €40,677 | €36,102 | €35,758 | €57,940 | €74,414 | €66,259 | €64,003 | ▼ 3.4% |
| Stocks and contracts in progress3 | €4,859 | €6,315 | €4,656 | €6,218 | €4,308 | €7,818 | €5,804 | €9,664 | ▲ 66.5% |
| Stocks30/36 | - | - | - | €6,218 | €4,308 | €7,818 | €5,804 | €9,664 | ▲ 66.5% |
| Amounts receivable within one year40/41 | €33,755 | €33,102 | €29,905 | €27,059 | €44,763 | €50,659 | €44,461 | €48,435 | ▲ 8.9% |
| Trade receivables40 | - | - | - | €25,653 | €39,108 | €45,539 | €37,318 | €37,590 | ▲ 0.7% |
| Other amounts receivable41 | - | - | - | €1,406 | €5,655 | €5,120 | €7,143 | €10,846 | ▲ 51.8% |
| Cash at bank and in hand54/58 | €3,875 | €621 | €1,073 | €2,427 | €7,382 | €15,749 | €15,802 | €5,704 | ▼ 63.9% |
| Deferred charges and accrued income490/1 | - | - | - | €54 | €1,487 | €189 | €193 | €200 | ▲ 4.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €89,992 | €77,756 | €63,771 | €52,409 | €68,538 | €88,572 | €80,871 | €80,288 | ▼ 0.7% |
| Equity10/15 | €33,278 | €28,710 | €28,850 | €5,812 | -€5,455 | €5,541 | -€18,270 | -€27,712 | ▼ 51.7% |
| Contributions10/11 | €21,000 | €21,000 | - | €21,000 | €21,000 | €21,000 | €21,000 | €21,000 | = |
| Reserves13 | €3,555 | €3,620 | €3,723 | €3,873 | €4,002 | €4,143 | €4,499 | €4,499 | = |
| Non-distributable reserves130/1 | - | - | - | €2,100 | €2,100 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,100 | €2,100 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €1,773 | €1,902 | €2,043 | €2,399 | €2,399 | = |
| Distributable reserves133 | - | - | - | - | - | €2,100 | €2,100 | €2,100 | = |
| Profit (loss) carried forward14 | €8,723 | €4,090 | €4,127 | -€19,061 | -€30,458 | -€19,602 | -€43,770 | -€53,211 | ▼ 21.6% |
| Amounts payable17/49 | €56,714 | €49,046 | €34,921 | €46,596 | €73,993 | €83,031 | €99,141 | €108,000 | ▲ 8.9% |
| Amounts payable after more than one year17 | €24,512 | €20,000 | €20,000 | €20,555 | €20,000 | €17,126 | €18,415 | €15,359 | ▼ 16.6% |
| Financial debts170/4 | - | - | - | €20,555 | €20,000 | €17,126 | €18,415 | €15,359 | ▼ 16.6% |
| Amounts payable within one year42/48 | €32,046 | €28,230 | €12,354 | €23,592 | €51,361 | €64,678 | €76,906 | €82,463 | ▲ 7.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,667 | €555 | €2,874 | €2,991 | €3,113 | ▲ 4.1% |
| Trade debts44 | €20,613 | €20,389 | €7,326 | €8,573 | €23,994 | €33,133 | €51,697 | €54,919 | ▲ 6.2% |
| Suppliers440/4 | - | - | - | €8,573 | €23,994 | €33,133 | €51,697 | €54,919 | ▲ 6.2% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €595 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €7,513 | €7,939 | €9,860 | €7,707 | ▼ 21.8% |
| Taxes450/3 | - | - | - | - | €4,313 | €4,739 | €6,660 | €4,507 | ▼ 32.3% |
| Remuneration and social security454/9 | - | - | - | - | €3,200 | €3,200 | €3,200 | €3,200 | = |
| Other amounts payable47/48 | - | - | - | €8,352 | €19,298 | €20,731 | €12,357 | €16,130 | ▲ 30.5% |
| Accrued charges and deferred income492/3 | - | - | - | €2,449 | €2,632 | €1,228 | €3,821 | €10,178 | ▲ 166% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,015 | -€4,569 | €140 | -€23,038 | -€11,268 | €10,996 | -€23,811 | -€9,442 | ▲ 60.3% |
| + Depreciation and write-downs630 | €12,162 | €12,325 | €12,611 | €12,658 | €8,002 | €2,605 | €2,671 | €2,523 | ▼ 5.6% |
| Operating cash flow (approximation) | €13,178 | €7,756 | €12,751 | -€10,380 | -€3,265 | €13,601 | -€21,140 | -€6,919 | ▲ 67.3% |
| Investment in fixed assets (approximation) | - | -€7,090 | -€3,200 | -€1,640 | -€1,950 | -€6,164 | -€3,125 | -€4,197 | ▼ 34.3% |
| Change in cash | - | -€3,253 | €451 | €1,355 | €4,955 | €8,366 | €53 | -€10,098 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00499137 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00472114 |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00196273 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00439792 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20424089 |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-65100410 |
| 31-12-2019 | abbreviated format | 05-10-2020 | 2020-59000199 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-62200206 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-60300134 |
| 31-12-2016 | micro format | 17-08-2017 | 2017-44300301 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 6
Day-to-day management 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| ABEEL Ellen |
|
| DE DEYGERE Kevin |
|
| GOYVAERTS Bastiaan |
|
| LAMBRECHT Daan |
|
| TASSAERT |
|
| VANDE SOMPELE Martine |
|
| VANDENBOSSCHE Claude |
|
| ZAKENKANTOOR D & V |
|
Owners and capital
Owners
3 ownersOwners 3
-
0.95%
- Kevin De Deygerenatural personSourceown accounts 2025share not stated
- Martine Vande Sompelenatural personSourceown accounts 2025share not stated
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 26-10-2023 Converted to unavailable equity · €23,100
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
26-10
Gazette deed
Resignations: ZAKENKANTOOR D & V (director) and VANDENBOSSCHE Claude (director)Permanent representative: VANDE SOMPELE Daniel · Reappointments: LAMBRECHT Daan, ABEEL Ellen and 3 others · Appointments: TASSAERT (director) and DE DEYGERE Kevin (managing director)20 facts ▸
- General meeting, 24-10-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing”, 23100 (deed in Dutch)
- Purpose change
- Power of attorney
- Director resignation, ZAKENKANTOOR D & V (director)
- Permanent representative, VANDE SOMPELE Daniel (2 times)
- Director resignation, VANDENBOSSCHE Claude (director)
- Director reappointment, LAMBRECHT Daan (director (not named in the articles))
- Other provision, “bestuursverbod, geen bestuursverbod uitgesproken” (deed in Dutch) (6 times)
- Director reappointment, ABEEL Ellen (director (not named in the articles))
- +8 further facts in this act
Show earlier events
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37322B0688/00F000 | Flanders | 434 m² | 1 · 434 m² | 12.5 m · 1 |
| 37322B0414/00P002 | Flanders | 409 m² | 1 · 95 m² | 9.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitvoeren van publicitaire bedrukkingen op relatiegeschenken in opdracht van bedrijven; De handel in publicitaire produkten(bedrukte en…” (deed in Dutch)
11 activities (deed in Dutch)
- Het uitvoeren van publicitaire bedrukkingen op relatiegeschenken in opdracht van bedrijven
- De handel in publicitaire produkten(bedrukte en niet-bedrukte)
- Huis aan huis folderbedeling
- Uitbating horeca zaak(café-bistro)
- Organisatie van feesten en banketten
- Uitbaten van automatische kans- en amusementsspelen
- Uitbaten van een verkooppunt inzake kansspelen(Lotto)
- Uitsluitend in eigen naam en voor eigen rekening:Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur- en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten
- Uitsluitend in eigen naam en voor eigen rekening:het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een(semi)-publiekrechterlijk statuut
- Het beheren van beleggingen en van participaties in dochtervennootschappen,het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert.Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DEVAVAN
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed