DevCon IT
ActiveSummary
DevCon IT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147,574 and a net result of €15,889. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+4
Solvency100▲+11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 1.84 against 2.23 in 2024; short-term debt: 23.5% and cash: 29% of total assets), and 23.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
76.5%
Return on assets
8.2%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 21-04-2026, 101 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
101 d early
2024
69 d early
2023
28 d early
2022
11 d early
2021
52 d early
2020
39 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
€147,574▲ 12.1%
2024 · €131,685
Total assets
€192,877▼ 5.7%
2024 · €204,464
Net result
€15,889▲ 60.1%
2024 · €9,925
Working capital
€38,137▼ 39.0%
2024 · €62,514
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€54,564▲ 17.0%€44,568▼ 18.3%€4,170▼ 90.6%€16,599▲ 298%€28,306▲ 70.5%
Net result€37,724▲ 20.1%€30,169▼ 20.0%€1,219▼ 96.0%€9,925▲ 714%€15,889▲ 60.1%
Equity€90,372▲ 71.7%€120,541▲ 33.4%€121,760▲ 1.0%€131,685▲ 8.2%€147,574▲ 12.1%
Total assets€162,858▲ 31.6%€354,538▲ 118%€221,672▼ 37.5%€204,464▼ 7.8%€192,877▼ 5.7%
Debt€72,486▲ 1.9%€233,997▲ 223%€99,912▼ 57.3%€72,779▼ 27.2%€45,303▼ 37.8%
Working capital€72,958▲ 77.9%€57,517▼ 21.2%€58,527▲ 1.8%€62,514▲ 6.8%€38,137▼ 39.0%
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 71% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192,877
Fixed assets
€109,437 ▲ 20.1%
Current assets
€83,440 ▼ 26.4%
Equity and liabilities €192,877
Equity
€147,574 ▲ 12.1%
Debt
€45,303 ▼ 37.8%
Debt's share of the balance-sheet total falls from 35.6% to 23.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51,990▲
2024 · €46,254
Cash flow
€39,573=
2024 · €39,580
Current ratio
1.84▼
2024 · 2.23
Debt to equity
0.31▼
2024 · 0.55
ROE
10.8%▲
2024 · 7.5%
ROA
8.2%▲
2024 · 4.9%
Interest coverage
40.81▲
2024 · 25.63
Debt ≤ 1 year
€45,303▼
2024 · €50,848
Debt > 1 year
€0▼
2024 · €21,930
Income taxes
€11,168▲
2024 · €4,869
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €18,072 | €9,682 | €0 | €10,289 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,332 | €4,328 | €31,859 | €29,655 | €23,684 | ▼ 20.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €493 | €0 | - | - | - |
| Other operating charges640/8 | €1,639 | €1,491 | €1,946 | €1,459 | €12,794 | ▲ 777% |
| Non-recurring operating charges66A | - | - | - | - | €2,305 | - |
| Gross operating margin9900 | €68,536 | €50,880 | €37,975 | €47,713 | €67,088 | ▲ 40.6% |
| Operating profit (loss)9901 | €54,564 | €44,568 | €4,170 | €16,599 | €28,306 | ▲ 70.5% |
| Financial income75/76B | €0 | €15 | €4 | €0 | €25 | ▲ 245,100% |
| Recurring financial income75 | €0 | €15 | €4 | €0 | €25 | ▲ 245,100% |
| Financial charges65/66B | €1,082 | €1,056 | €2,037 | €1,805 | €1,274 | ▼ 29.4% |
| Recurring financial charges65 | €1,082 | €1,056 | €2,037 | €1,805 | €1,274 | ▼ 29.4% |
| Profit (loss) for the period before taxes9903 | €53,482 | €43,527 | €2,137 | €14,794 | €27,057 | ▲ 82.9% |
| Income taxes67/77 | €15,758 | €13,359 | €918 | €4,869 | €11,168 | ▲ 129% |
| Profit (loss) for the period9904 | €37,724 | €30,169 | €1,219 | €9,925 | €15,889 | ▲ 60.1% |
| Profit (loss) for the period to be appropriated9905 | €37,724 | €30,169 | €1,219 | €9,925 | €15,889 | ▲ 60.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162,858 | €354,538 | €221,672 | €204,464 | €192,877 | ▼ 5.7% |
| Fixed assets21/28 | €32,813 | €145,694 | €120,756 | €91,101 | €109,437 | ▲ 20.1% |
| Tangible fixed assets22/27 | €32,813 | €145,694 | €120,756 | €91,101 | €109,437 | ▲ 20.1% |
| Furniture and vehicles24 | €32,813 | €136,653 | €112,967 | €84,563 | €104,150 | ▲ 23.2% |
| Other tangible fixed assets26 | - | €9,040 | €7,789 | €6,538 | €5,287 | ▼ 19.1% |
| Current assets29/58 | €130,045 | €208,844 | €100,916 | €113,363 | €83,440 | ▼ 26.4% |
| Stocks and contracts in progress3 | €493 | €0 | - | - | - | - |
| Stocks30/36 | €493 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €21,127 | €21,713 | €28,220 | €37,893 | €24,803 | ▼ 34.5% |
| Trade receivables40 | €21,127 | €21,599 | €20,205 | €23,428 | €16,340 | ▼ 30.3% |
| Other amounts receivable41 | - | €115 | €8,015 | €14,465 | €8,463 | ▼ 41.5% |
| Cash at bank and in hand54/58 | €106,923 | €185,700 | €70,962 | €73,804 | €55,886 | ▼ 24.3% |
| Deferred charges and accrued income490/1 | €1,503 | €1,431 | €1,734 | €1,666 | €2,750 | ▲ 65.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162,858 | €354,538 | €221,672 | €204,464 | €192,877 | ▼ 5.7% |
| Equity10/15 | €90,372 | €120,541 | €121,760 | €131,685 | €147,574 | ▲ 12.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €84,172 | €114,341 | €115,560 | €125,485 | €141,374 | ▲ 12.7% |
| Distributable reserves133 | €84,172 | €114,341 | €115,560 | €125,485 | €141,374 | ▲ 12.7% |
| Amounts payable17/49 | €72,486 | €233,997 | €99,912 | €72,779 | €45,303 | ▼ 37.8% |
| Amounts payable after more than one year17 | €0 | €64,419 | €43,400 | €21,930 | €0 | ▼ 100% |
| Financial debts170/4 | €0 | €64,419 | €43,400 | €21,930 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €57,088 | €151,327 | €42,389 | €50,848 | €45,303 | ▼ 10.9% |
| Current portion of amounts payable after more than one year42 | €6,238 | €20,581 | €21,019 | €21,469 | €12,754 | ▼ 40.6% |
| Trade debts44 | €576 | €86,076 | €1,134 | €2,211 | €1,070 | ▼ 51.6% |
| Suppliers440/4 | €576 | €86,076 | €1,134 | €2,211 | €1,070 | ▼ 51.6% |
| Taxes, remuneration and social security45 | €41,172 | €31,797 | €14,362 | €18,386 | €24,738 | ▲ 34.6% |
| Taxes450/3 | €41,172 | €31,797 | €14,362 | €18,386 | €24,738 | ▲ 34.6% |
| Other amounts payable47/48 | €9,102 | €12,874 | €5,875 | €8,783 | €6,740 | ▼ 23.3% |
| Accrued charges and deferred income492/3 | €15,398 | €18,250 | €14,123 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,724 | €30,169 | €1,219 | €9,925 | €15,889 | ▲ 60.1% |
| + Depreciation and write-downs630 | €12,332 | €4,328 | €31,859 | €29,655 | €23,684 | ▼ 20.1% |
| Operating cash flow (approximation) | €50,056 | €34,497 | €33,077 | €39,580 | €39,573 | = |
| Investment in fixed assets (approximation) | - | -€117,208 | -€6,921 | -€0 | -€42,020 | ▼ 420,200,100% |
| Change in cash | - | €78,777 | -€114,738 | €2,842 | -€17,917 | ▼ 730% |
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
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €1,219 ▼96%
Net result drops to €1,219, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €120,541 ▲33.4%
4 profitable years in a row build equity to €120,541.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €37,724 ▲20.1%
Operating result €54,564, net result €37,724, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.81
Current ratio from 0.73 to 1.81.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro 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, Wevelgem · 1 establishment unit since 2018
Ground area
1,419 m²
Building footprint
308 m²
Volume, LiDAR
709 m³
2 parcels, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Nieuwe Vierschaar 17, 8520 Kuurne
since 20182.279.223.450
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0145/00X000 | Flanders | 779 m² | 1 · 152 m² | - |
| 34029A0224/00B002 | Flanders | 640 m² | 1 · 156 m² | 6.4 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
2023 to 2025 · 3 entries · 278 EUR awarded · 413 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 143 EUR | 143 EUR |
| 2024 | 1 | 135 EUR | 135 EUR |
| 2023 | 1 | 0 EUR | 135 EUR |
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,849 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
Founded28-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.