DEVEKTRO
ActiveDEVEKTRO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.20M and a net result of €2.16M. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 31% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency53▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.17 in 2024; short-term debt: 70.2% and cash: 2.3% of total assets), and 71.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
28.3%
Return on assets
51%
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
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
6 d early
2023
on the day
2022
24 d late
2021
5 d early
2020
11 d late
2019
8 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.20M▼ 18.9%
2024 · €1.48M
2018: €914k
2019: €1.20M
2020: €1.81M
2021: €1.78M
2022: €1.83M
2023: €1.83M
2024: €1.48M
2018 → 2025
Total assets
€4.23M▼ 0.5%
2024 · €4.25M
2018: €1.66M
2019: €2.17M
2020: €2.60M
2021: €3.05M
2022: €3.55M
2023: €3.89M
2024: €4.25M
2018 → 2025
Net result
€2.16M▲ 12.6%
2024 · €1.92M
2018: €233k
2019: €285k
2020: €609k
2021: €680k
2022: €707k
2023: €977k
2024: €1.92M
2018 → 2025
Working capital
€208k▼ 54.6%
2024 · €458k
2018: €552k
2019: €682k
2020: €1.09M
2021: €980k
2022: €885k
2023: €775k
2024: €458k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.78M-€1.83M▲ 3.2%€1.83M=€1.48M▼ 19.4%€1.20M▼ 18.9%
Operating result€823k-€849k▲ 3.2%€1.01M▲ 18.5%€1.92M▲ 90.5%€2.16M▲ 12.6%
Net result€680k-€707k▲ 4.0%€977k▲ 38.1%€1.92M▲ 96.4%€2.16M▲ 12.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.23M
Fixed assets
€1.05M▼ 5.0%
Current assets
€3.18M▲ 1.1%
Equity and liabilities €4.23M
Equity
€1.20M▼ 18.9%
Debt
€3.04M▲ 9.3%
The debt ratio rises from 65.3% to 71.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2.38M▲
2024 · €2.13M
Cash flow
€2.39M▲
2024 · €2.13M
Solvency
28.3%▼
2024 · 34.7%
Current ratio
1.07▼
2024 · 1.17
Quick ratio
0.41▼
2024 · 0.62
Debt / equity
2.53▲
2024 · 1.88
ROE
180.2%▲
2024 · 129.8%
ROA
51.0%▲
2024 · 45.1%
Interest coverage
101.97▲
2024 · 73.91
Debt
€3.04M▲
2024 · €2.78M
Debt ≤ 1 year
€2.97M▲
2024 · €2.69M
Debt > 1 year
€45k▼
2024 · €84k
Income taxes
€17k▼
2024 · €31k
Staff costs
€2.22M▲
2024 · €1.74M
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€4.25M€4.23M▼
Fixed assets21/28€1.11M€1.05M▼
Intangible fixed assets21€79k€50k▼
Tangible fixed assets22/27€1.03M€1.00M▼
Land and buildings22€598k€546k▼
Plant, machinery and equipment23€116k€101k▼
Furniture and vehicles24€205k€256k▲
Other tangible fixed assets26€109k€99k▼
Financial fixed assets28€851€851=
Current assets29/58€3.15M€3.18M▲
Stocks and contracts in progress3€1.49M€1.95M▲
Stocks30/36€637k€742k▲
Contracts in progress37€851k€1.21M▲
Amounts receivable within one year40/41€735k€1.11M▲
Trade receivables40€690k€1.09M▲
Other amounts receivable41€45k€16k▼
Current investments50/53€26k€26k=
Cash at bank and in hand54/58€879k€96k▼
Deferred charges and accrued income490/1€19k€0▼
Equity and liabilities
Total equity and liabilities10/49€4.25M€4.23M▼
Equity10/15€1.48M€1.20M▼
Contributions10/11€19k€19k=
Outside capital11€19k-
Share premium1100/10€19k-
Reserves13€1.46M€1.17M▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1.46M€1.17M▼
Profit (loss) carried forward14-€10k
Amounts payable17/49€2.78M€3.04M▲
Amounts payable after more than one year17€84k€45k▼
Financial debts170/4€84k€45k▼
Amounts payable within one year42/48€2.69M€2.97M▲
Current portion of amounts payable after more than one year42€56k€39k▼
Trade debts44€445k€256k▼
Suppliers440/4€445k€256k▼
Taxes, remuneration and social security45€209k€221k▲
Taxes450/3€25k€17k▼
Remuneration and social security454/9€185k€204k▲
Other amounts payable47/48€1.98M€2.46M▲
Accrued charges and deferred income492/3€5k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.74M€2.22M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€212k€225k▲
Other operating charges640/8€22k€15k▼
Gross operating margin9900€3.89M€4.62M▲
Operating profit (loss)9901€1.92M€2.16M▲
Financial income75/76B€61k€42k▼
Recurring financial income75€61k€42k▼
Financial charges65/66B€29k€23k▼
Recurring financial charges65€29k€23k▼
Profit (loss) for the period before taxes9903€1.95M€2.18M▲
Income taxes67/77€31k€17k▼
Profit (loss) for the period9904€1.92M€2.16M▲
Transfer from tax-exempt reserves789€227k€0▼
Profit (loss) for the period to be appropriated9905€2.15M€2.16M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.15M€2.16M▲
Transfer from equity791/2€339k€0▼
Transfer to equity691/2€210k€0▼
To other reserves6921€210k€0▼
Profit to be distributed694/7€2.27M€2.15M▼
Return on contributions (dividend)694€339k€0▼
Directors or managers695€1.94M€2.15M▲
Social balance
Average headcount (FTE)908729.636.1▲
The notes to these accounts (22 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €2.16M ▲12.6%
Operating result €2.16M, net result €2.16M, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €1MEq €1.20M ▲31.2%
2 profitable years in a row build equity to €1.20M.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 8 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Veurne · 1 establishment unit since 2003
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.
Pannestraat 1448630 VeurneGround area
1,844 m²
Building footprint
597 m²
Volume, LiDAR
3,939 m³
2 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Slableedstraat 13, 8630 Veurne
since 20032.133.602.397
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025F0288/00P000 | Flanders | 1,620 m² | 1 · 516 m² | 8.2 m · 2 fl. |
| 38025E0334/00A003 | Flanders | 224 m² | 1 · 82 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
2022 to 2025 · 7 entries · 15,697 EUR awarded · 15,682 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,030 EUR | 3,030 EUR |
| 2024 | 2 | 8,500 EUR | 8,834 EUR |
| 2023 | 1 | 1,682 EUR | 1,333 EUR |
| 2022 | 2 | 2,485 EUR | 2,485 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Recognised contractor
4 categoriesDEVEKTRO BV35576
Dual-learning approval
5 live approvals · 7 endedElektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Logistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Legal Entity Identifier
254900XSW1O9YXTPYF98
Similar companies · same sector, comparable size
NC+
BE 0464.910.706
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BE 0650.843.076
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ELECTRICAL SERVICES DEPONDT
BE 0865.847.833
Staden · Eq €1.20M
ACLISOL
BE 0811.742.322
Balen · Eq €1.19M
WINSERVICE
BE 0462.792.938
Zwevegem · Eq €1.19M
Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 4,139 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2003
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.