DeVeKo
ActiveDeVeKo has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-42k) and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+86
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.04 in 2024; short-term debt: 406.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-309.7%
Return on assets
18.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 11297 sector peers (2025).
NBB · sector comparisonPosition among 11297 sector peers
Solvency
better than 5%
← weakest
strongest →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
31 d early
2023
30 d early
2022
35 d early
2021
32 d early
2020
18 d early
2019
17 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-42k▲ 5.6%
2024 · €-44k
2018: €15k
2019: €-327
2020: €6k
2021: €8k
2022: €6k
2023: €-28k
2024: €-44k
2018 → 2025
Total assets
€13k▲ 166%
2024 · €5k
2018: €25k
2019: €13k
2020: €9k
2021: €17k
2022: €22k
2023: €7k
2024: €5k
2018 → 2025
Net result
€2k
2024 · €-16k
2018: €-4k
2019: €-16k
2020: €6k
2021: €2k
2022: €-2k
2023: €-33k
2024: €-16k
2018 → 2025
Working capital
€-44k▲ 6.6%
2024 · €-47k
2018: €15k
2019: €-5k
2020: €2k
2021: €5k
2022: €3k
2023: €-31k
2024: €-47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€6k▼ 27.4%€-28k€-44k▼ 58.7%€-42k▲ 5.6%
Operating result€2k-€-3k€-33k▼ 1,044%€-15k▲ 53.4%€4k
Net result€2k-€-2k€-33k▼ 1,477%€-16k▲ 51.2%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €15k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13k
Fixed assets
€2k▼ 20.2%
Current assets
€11k▲ 468%
Key figures and ratios
EBITDA
€4k▲
2024 · €-15k
Cash flow
€3k▲
2024 · €-16k
Solvency
-309.7%▲
2024 · -872.7%
Current ratio
0.20▲
2024 · 0.04
Quick ratio
0.20▲
2024 · 0.04
Debt / equity
-1.32▼
2024 · -1.11
ROA
18.3%▲
2024 · -322.7%
Interest coverage
5.28▲
2024 · -24.72
Debt
€55k▲
2024 · €49k
Debt ≤ 1 year
€54k▲
2024 · €49k
Income taxes
€459▲
2024 · €456
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5k€13k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Current assets29/58€2k€11k▲
Amounts receivable within one year40/41€449€9k▲
Trade receivables40€449€9k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€5k€13k▲
Equity10/15€-44k€-42k▲
Contributions10/11€6k€6k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€-59k€-57k▲
Amounts payable17/49€49k€55k▲
Amounts payable within one year42/48€49k€54k▲
Financial debts43€3k€3k▼
Credit institutions430/8€3k€3k▼
Trade debts44€6k€9k▲
Suppliers440/4€6k€9k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€37k€37k▲
Accrued charges and deferred income492/3€445€448▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€628€628=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-14k€6k▲
Operating profit (loss)9901€-15k€4k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€590€829▲
Recurring financial charges65€590€829▲
Profit (loss) for the period before taxes9903€-16k€3k▲
Income taxes67/77€456€459▲
Profit (loss) for the period9904€-16k€2k▲
Profit (loss) for the period to be appropriated9905€-16k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-57k▲
Profit (loss) brought forward from the previous period14P€-43k€-59k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.69
Current ratio from 0.65 to 1.69; short-term debt falls from €13k to €3k.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kortrijk · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Edgar Tinellaan(Kor) 278500 KortrijkGround area
370 m²
Building footprint
157 m²
Volume, LiDAR
846 m³
Parcel 34352A0215/00S006, Flanders · tallest building 10.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DeVeKo
since 20042.139.241.463
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0215/00S006 | Flanders | 370 m² | 1 · 157 m² | 10.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 692 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2004
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.