Equity
€87,293 ▲ 20.8%
DEVEGE paid out €833 in dividends. That is 5% of the 2025 profit.
DEVEGE
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €38,252 (2025)
€38,252▲ 78.0%
lowest -€16,054 (2011)
€15,879▲ 153%
peak €88,597 (2023)
€87,293▲ 20.8%
€42,003▼ 3.6%
Board1 name since 1996
1 directorVAN de VELDE Gino Alfred Suzanne
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Gross margin from €21,496 to €38,252Result from €6,271 to €15,879Dividend €833Equity from €72,247 to €87,293Cash from €39,866 to €69,236
Key points
from the 2025 annual accountsChecked score
97
Excellent
Financially stronger than 73% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026highest value
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 2.14, cash €69,236
Equity €87,293 (67.5% of total assets)
Founded in 1996
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 73% of them on solvency, 84% on liquidity, 67% on profitability and 68% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as DEVEGE has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEVEGE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 31,368 companies, not a prediction for DEVEGE. 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
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.14 (1.56 in 2024), above the usual 1.5. Short-term debt is 32.5% and cash 53.5% of total assets. 32.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 days early
2024
58 days early
2023
57 days early
2022
55 days early
2021
53 days early
2020
47 days early
2019
58 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 55 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAN de VELDE Gino Alfred Suzanne all the sharesdeed of 27-12-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0456943343
Legal-form change · Resignations & appointments
Change of role: VAN de VELDE Gino Alfred Suzanne, from manager to director · VAN de VELDE Gino Alfred Suzanne holds all the shares · Director discharge: VAN de VELDE Gino Alfred Suzanne · General meeting of 19-12-2022 · Gazette deed
First establishment
Begaardenstraat 10, Roosdaal
Incorporation
published on 24-01-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEVEGE Roosdaal | €129,296 | €38,252 | 67.5% | - |
| I.P.M. en Partners Kapellen | €122,359 | €33,673 | 73.6% | - |
| MENUISERIE CLAUDE Florenville | €141,240 | €42,410 | 68.5% | - |
| VERLINDE Kortemark | €117,688 | €40,010 | 55.8% | - |
| BRUGGEN DEUREN Diepenbeek | €112,342 | €40,058 | 16.7% | - |
| RENOVATIE EN DECORATIE Zonnebeke | €139,240 | €33,518 | 69.3% | - |
| DAEM DIRK Ninove | €141,974 | €39,751 | 79.3% | - |
These companies have the same main activity as DEVEGE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €112,000 and €142,000, founded between 1992 and 1998.
Official details
Source: KBO- Status
- Active since 05-01-1996Normal situation
- Activity
- Joinery installationNACE 43320and 3 others
- Establishment unit
- 2.075.037.0641760 Roosdaal, since 05-02-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 02-04-2025
Annual accounts 2025
- €129,296▲ 11.6%
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on DEVEGE
DEVEGE files the micro format. That format states no turnover. The gross margin rose from €22,464 in 2006 to €38,252 in 2025.
The balance sheet grew most in 2016 through fixed assets.
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 DEVEGE
- What is the company number of DEVEGE?
- The company number of DEVEGE is 0456.943.343. The VAT number is the same number with BE in front: BE 0456.943.343.
- Where is DEVEGE based?
- The registered office is at Begaardenstraat 10, 1760 Roosdaal.Company details
- What does DEVEGE do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of DEVEGE?
- DEVEGE is a private limited company (BV).
- When was DEVEGE founded?
- DEVEGE was founded on 05-01-1996.
- Is DEVEGE still active?
- Yes, DEVEGE is an active enterprise in the KBO register.
- What is the turnover of DEVEGE?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €38,252 and 32 comparable companies (NACE 43320). It probably lies between €170,000 and €390,000.Financials
- Is DEVEGE profitable?
- In financial year 2025, DEVEGE made a profit of €15,879.
- Where can I find the annual accounts of DEVEGE?
- DEVEGE filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEVEGE due?
- DEVEGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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