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DEVCO Management

Active Private limited companyfounded 2015active for 11 yearsRue Général de Gaulle 39, 1310 La HulpeKBO/BCE: BE 0597.986.390

Lifetime

11 annual accounts with figures on one time axis
peak €56,032 (2026)
€56,032▲ 15.6%
peak €35,171 (2026)
€35,171▲ 43.1%
peak €79,022 (2018)
€18,600unchanged
€63,293▲ 11.5%
Board2 names since 2015
2 directors and 1 other
Documentsfilings and deeds
21-09-202640 days before the deadline
2026micro format
Gross margin from €48,454 to €56,032Result from €24,580 to €35,171Dividend €35,171Cash from €24,266 to €38,875

Key points

from the 2026 annual accounts

Equity

€18,600 from €79,022 in 2018

Equity fell by 76% in 8 years.

Debts

€63,293 77% of the balance sheet
Financial debts 4%Suppliers 3%Taxes and wages 32%Other 60%

Filings

11 annual accounts since 2016
deadline20202025

The 2019 accounts came 67 days late. The other nine of the last ten were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,053 companies had the same profile as DEVCO Management has now. Each dot stands for 13 companies, two years later.

95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 5,053 companies, not a prediction for DEVCO Management. 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

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Signals

Board and ownership

Director, since 24-01-2024
Director, since 24-01-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0597986390
Reappointments: (director) and (director) General meeting of 24-01-2024 · Gazette deed
Incorporation published on 17-02-2015 · Gazette deed
First establishment Rue Général de Gaulle 39, La Hulpe
All 18 events

Comparable companies

same main activity, similar in size and age
Company
DEVCO Management La Hulpe €81,893 €56,032 22.7% -
Cairo Holding La Hulpe €69,730 €57,987 -542.7% -
FAVER AGENCY Lasne €79,722 €56,653 81.2% -
GT Light Concept Jodoigne €76,159 €58,133 31.3% -
GnothiSeauton Grez-Doiceau €86,783 €53,100 23.0% -
Datacrossroad Villers-la-Ville €90,453 €50,016 90.2% -
BRUSSCO Rixensart €70,685 €52,535 81.1% -

These companies have the same main activity as DEVCO Management: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €69,700 and €90,500, founded in 2015.

Official details

Source: KBO
Status
Active since 13-02-2015Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.239.735.7401310 La Hulpe, since 13-02-2015
Financial year end
31 March
Peppol
Reachable since 26-11-2025
Company details

Annual accounts to 31-03-2026

≈ €110,000estimated
€81,893▲ 8.7%
Filing
Filed on 21-09-2026, 40 days before the end of the filing period
Financials

Insights on DEVCO Management

DEVCO Management files the micro format. That format states no turnover. The gross margin rose from €52,227 in 2016 to €56,032 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DEVCO Management

What is the company number of DEVCO Management?
The company number of DEVCO Management is 0597.986.390. The VAT number is the same number with BE in front: BE 0597.986.390.
Where is DEVCO Management based?
The registered office is at Rue Général de Gaulle 39, 1310 La Hulpe.Company details
What does DEVCO Management do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of DEVCO Management?
DEVCO Management is a private limited company (BV).
When was DEVCO Management founded?
DEVCO Management was founded on 13-02-2015.
Is DEVCO Management still active?
Yes, DEVCO Management is an active enterprise in the KBO register.
What is the turnover of DEVCO Management?
The turnover in financial year 2026 is ≈ €110,000. This figure is estimated from the gross margin of €56,032 and 120 comparable companies (NACE 70200). It probably lies between €86,000 and €140,000.Financials
Is DEVCO Management profitable?
In financial year 2026, DEVCO Management made a profit of €35,171.
Where can I find the annual accounts of DEVCO Management?
DEVCO Management filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of DEVCO Management due?
DEVCO Management must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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