DEVD - ENV
ActiveSummary
DEVD - ENV has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€55,557) and a net result of -€4,962. Equity is shrinking by ~13.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result stays negative: a loss of €4,681 in 2025 against €6,758 in 2024; the loss shrinks.
What the company sold each fiscal 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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% | 1.0% |
| 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% 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 6,906 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 |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38 | - | - | €3,124 | €4,171 | €4,495 | €4,495 | €1,333 | ▼ 70.4% |
| Other operating charges640/8 | - | - | - | €454 | €106 | €264 | - | €48 | - |
| Gross operating margin9900 | -€1,626 | -€2,182 | -€2,453 | €14,243 | -€4,965 | -€7,396 | -€2,262 | -€3,300 | ▼ 45.9% |
| Operating profit (loss)9901 | -€2,011 | -€2,182 | -€2,453 | €10,665 | -€9,241 | -€12,156 | -€6,758 | -€4,681 | ▲ 30.7% |
| Financial charges65/66B | - | - | - | €100 | €40 | €749 | €56 | €148 | ▲ 167% |
| Recurring financial charges65 | €588 | €56 | €248 | €100 | €40 | €42 | €56 | €148 | ▲ 167% |
| Non-recurring financial charges66B | - | - | - | - | - | €707 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€2,600 | -€2,238 | -€2,700 | €10,565 | -€9,282 | -€12,905 | -€6,814 | -€4,830 | ▲ 29.1% |
| Income taxes67/77 | - | - | - | €146 | €117 | €105 | -€49 | €132 | ▲ 370% |
| Profit (loss) for the period9904 | -€2,600 | -€2,238 | -€2,700 | €10,419 | -€9,399 | -€13,010 | -€6,765 | -€4,962 | ▲ 26.7% |
| Profit (loss) for the period to be appropriated9905 | -€2,600 | -€2,238 | -€2,700 | €10,419 | -€9,399 | -€13,010 | -€6,765 | -€4,962 | ▲ 26.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8,443 | €5,155 | €3,031 | €16,977 | €13,039 | €7,382 | €2,687 | €18 | ▼ 99.3% |
| Fixed assets21/28 | - | - | - | €13,402 | €10,323 | €5,828 | €1,333 | - | - |
| Tangible fixed assets22/27 | - | - | - | €13,402 | €10,323 | €5,828 | €1,333 | - | - |
| Furniture and vehicles24 | - | - | - | €13,402 | €10,323 | €5,828 | €1,333 | - | - |
| Current assets29/58 | €8,443 | €5,155 | €3,031 | €3,575 | €2,715 | €1,554 | €1,355 | €18 | ▼ 98.7% |
| Amounts receivable within one year40/41 | €7,669 | €2,338 | €2,587 | €1,099 | €1,779 | €1,012 | €1,079 | - | - |
| Trade receivables40 | - | - | - | - | €454 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €1,099 | €1,325 | €1,012 | €1,079 | - | - |
| Cash at bank and in hand54/58 | €774 | €2,816 | €444 | €2,333 | €936 | €542 | €275 | €18 | ▼ 93.5% |
| Deferred charges and accrued income490/1 | - | - | - | €142 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8,443 | €5,155 | €3,031 | €16,977 | €13,039 | €7,382 | €2,687 | €18 | ▼ 99.3% |
| Equity10/15 | -€26,903 | -€29,141 | -€31,841 | -€21,422 | -€30,821 | -€43,831 | -€50,595 | -€55,557 | ▼ 9.8% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€33,103 | -€35,341 | -€38,041 | -€27,622 | -€37,021 | -€50,031 | -€56,795 | -€61,757 | ▼ 8.7% |
| Amounts payable17/49 | €35,346 | €34,296 | €34,872 | €38,399 | €43,860 | €51,213 | €53,283 | €55,575 | ▲ 4.3% |
| Amounts payable within one year42/48 | €35,346 | €34,296 | €34,872 | €38,399 | €43,860 | €51,213 | €53,283 | €55,575 | ▲ 4.3% |
| Trade debts44 | €3,440 | €5,915 | €6,581 | €2,343 | €1,263 | €18 | - | - | - |
| Suppliers440/4 | - | - | - | €2,343 | €1,263 | €18 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €346 | €463 | €464 | €355 | €1,069 | ▲ 201% |
| Taxes450/3 | - | - | - | €346 | €463 | €464 | €355 | €1,069 | ▲ 201% |
| Other amounts payable47/48 | - | - | - | €35,710 | €42,133 | €50,732 | €52,927 | €54,506 | ▲ 3.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,600 | -€2,238 | -€2,700 | €10,419 | -€9,399 | -€13,010 | -€6,765 | -€4,962 | ▲ 26.7% |
| + Depreciation and write-downs630 | €38 | - | - | €3,124 | €4,171 | €4,495 | €4,495 | €1,333 | ▼ 70.4% |
| Operating cash flow (approximation) | -€2,562 | -€2,238 | -€2,700 | €13,543 | -€5,228 | -€8,514 | -€2,269 | -€3,629 | ▼ 59.9% |
| Investment in fixed assets (approximation) | - | - | - | - | -€1,092 | €0 | €0 | - | - |
| Change in cash | - | €2,042 | -€2,373 | €1,889 | -€1,397 | -€394 | -€267 | -€257 | ▲ 3.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.