DEVELBOUW
ActiveSummary
DEVELBOUW has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €91k and a net result of €15k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-19
Solvency57▼-42
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.98 against 3.85 in 2023; short-term debt: 65.6% of total assets), and 68% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
32%
Return on assets
5.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
66 d late
2022
81 d late
2021
13 d early
2020
10 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€91k▲ 20.4%
2023 · €76k
2018: €72k
2019: €37k▼ -47.9% vs 2018
2020: €33k▼ -13.0% vs 2019lowest in 7 years
2021: €42k▲ +29.4% vs 2020
2022: €54k▲ +28.8% vs 2021
2023: €76k▲ +39.8% vs 2022
2024: €91k▲ +20.4% vs 2023highest in 7 years
2018 → 2024
Total assets
€286k▲ 178%
2023 · €103k
2018: €111k
2019: €99k▼ -11.3% vs 2018
2020: €63k▼ -36.1% vs 2019lowest in 7 years
2021: €79k▲ +25.0% vs 2020
2022: €85k▲ +7.7% vs 2021
2023: €103k▲ +21.0% vs 2022
2024: €286k▲ +178% vs 2023highest in 7 years
2018 → 2024
Net result
€15k▼ 28.4%
2023 · €22k
2018: €-8k
2019: €-35k▼ -313% vs 2018lowest in 7 years
2020: €-5k▲ +85.9% vs 2019
2021: €10k▲ +297% vs 2020
2022: €12k▲ +26.7% vs 2021
2023: €22k▲ +78.0% vs 2022highest in 7 years
2024: €15k▼ -28.4% vs 2023
2018 → 2024
Working capital
€-5k
2023 · €71k
2018: €71k
2019: €33k▼ -52.7% vs 2018
2020: €28k▼ -15.2% vs 2019
2021: €39k▲ +36.1% vs 2020
2022: €48k▲ +25.6% vs 2021
2023: €71k▲ +46.4% vs 2022highest in 7 years
2024: €-5k▼ -106% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€42k▲ 29.4%€54k▲ 28.8%€76k▲ 39.8%€91k▲ 20.4%
2020: €33klowest in 5 years
2021: €42k▲ +29.4% vs 2020
2022: €54k▲ +28.8% vs 2021
2023: €76k▲ +39.8% vs 2022
2024: €91k▲ +20.4% vs 2023highest in 5 years
Operating result€-5k-€11k€14k▲ 25.9%€27k▲ 102%€23k▼ 15.4%
2020: €-5klowest in 5 years
2021: €11k▲ +317% vs 2020
2022: €14k▲ +25.9% vs 2021
2023: €27k▲ +102% vs 2022highest in 5 years
2024: €23k▼ -15.4% vs 2023
Net result€-5k-€10k€12k▲ 26.7%€22k▲ 78.0%€15k▼ 28.4%
2020: €-5klowest in 5 years
2021: €10k▲ +297% vs 2020
2022: €12k▲ +26.7% vs 2021
2023: €22k▲ +78.0% vs 2022highest in 5 years
2024: €15k▼ -28.4% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €286k
Fixed assets
€103k ▲ 1,379%
Current assets
€183k ▲ 90.9%
Equity and liabilities €286k
Equity
€91k ▲ 20.4%
Debt
€195k ▲ 624%
Debt's share of the balance-sheet total rises from 26.1% to 68.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2023 · €28k
Cash flow
€28k▲
2023 · €23k
Current ratio
0.98▼
2023 · 3.85
Debt to equity
2.13▲
2023 · 0.35
ROE
16.9%▼
2023 · 28.4%
ROA
5.4%▼
2023 · 21.0%
Interest coverage
17.49▲
2023 · 8.50
Debt ≤ 1 year
€187k▲
2023 · €25k
Debt > 1 year
€7k▲
2023 · €2k
Income taxes
€12k▲
2023 · €6k
Staff costs
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€103k€286k▲
Fixed assets21/28€7k€103k▲
Intangible fixed assets21-€66k
Tangible fixed assets22/27€3k€37k▲
Plant, machinery and equipment23€0€3k▲
Furniture and vehicles24€3k€22k▲
Leasing and similar rights25-€13k
Financial fixed assets28€4k-
Current assets29/58€96k€183k▲
Amounts receivable within one year40/41€96k€182k▲
Trade receivables40€24k€73k▲
Other amounts receivable41€72k€110k▲
Deferred charges and accrued income490/1-€759
Equity and liabilities
Total equity and liabilities10/49€103k€286k▲
Equity10/15€76k€91k▲
Contributions10/11€19k€19k=
Reserves13€20k€36k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€18k€34k▲
Profit (loss) carried forward14€37k€37k=
Amounts payable17/49€27k€195k▲
Amounts payable after more than one year17€2k€7k▲
Financial debts170/4€2k€7k▲
Amounts payable within one year42/48€25k€187k▲
Current portion of amounts payable after more than one year42-€29k
Trade debts44€4k€96k▲
Suppliers440/4€4k€96k▲
Taxes, remuneration and social security45€7k€59k▲
Taxes450/3€7k€59k▲
Other amounts payable47/48€14k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€905€13k▲
Other operating charges640/8€518€528▲
Gross operating margin9900€29k€40k▲
Operating profit (loss)9901€27k€23k▼
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€28k€27k▼
Income taxes67/77€6k€12k▲
Profit (loss) for the period9904€22k€15k▼
Profit (loss) for the period to be appropriated9905€22k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€53k▲
Profit (loss) brought forward from the previous period14P€16k€37k▲
Transfer to equity691/2-€15k
To other reserves6921-€15k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €3k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €1k | €905 | €13k | ▲ 1,297% |
| Other operating charges640/8 | - | €1k | €811 | €518 | €528 | ▲ 1.8% |
| Gross operating margin9900 | €1k | €18k | €16k | €29k | €40k | ▲ 36.8% |
| Operating profit (loss)9901 | €-5k | €11k | €14k | €27k | €23k | ▼ 15.4% |
| Financial income75/76B | - | €2k | €3k | €4k | €6k | ▲ 60.0% |
| Recurring financial income75 | €3k | €2k | €3k | €4k | €6k | ▲ 60.0% |
| Financial charges65/66B | - | €3k | €3k | €3k | €2k | ▼ 38.6% |
| Recurring financial charges65 | €3k | €3k | €3k | €3k | €2k | ▼ 38.6% |
| Profit (loss) for the period before taxes9903 | €-5k | €10k | €13k | €28k | €27k | ▼ 2.5% |
| Income taxes67/77 | €109 | €143 | €1k | €6k | €12k | ▲ 86.9% |
| Profit (loss) for the period9904 | €-5k | €10k | €12k | €22k | €15k | ▼ 28.4% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €10k | €12k | €22k | €15k | ▼ 28.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63k | €79k | €85k | €103k | €286k | ▲ 178% |
| Fixed assets21/28 | €7k | €6k | €8k | €7k | €103k | ▲ 1,379% |
| Intangible fixed assets21 | - | - | - | - | €66k | - |
| Tangible fixed assets22/27 | €7k | €1k | €3k | €3k | €37k | ▲ 1,381% |
| Plant, machinery and equipment23 | - | €345 | €0 | €0 | €3k | ▲ 25,106,600% |
| Furniture and vehicles24 | - | €692 | €3k | €3k | €22k | ▲ 780% |
| Leasing and similar rights25 | - | €137 | - | - | €13k | - |
| Financial fixed assets28 | €300 | €4k | €4k | €4k | - | - |
| Current assets29/58 | €56k | €73k | €77k | €96k | €183k | ▲ 90.9% |
| Stocks and contracts in progress3 | €3k | €2k | - | - | - | - |
| Stocks30/36 | - | €2k | - | - | - | - |
| Amounts receivable within one year40/41 | €53k | €71k | €77k | €96k | €182k | ▲ 90.1% |
| Trade receivables40 | - | €21k | €19k | €24k | €73k | ▲ 204% |
| Other amounts receivable41 | - | €50k | €59k | €72k | €110k | ▲ 52.3% |
| Deferred charges and accrued income490/1 | - | €363 | - | - | €759 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63k | €79k | €85k | €103k | €286k | ▲ 178% |
| Equity10/15 | €33k | €42k | €54k | €76k | €91k | ▲ 20.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €8k | €8k | €20k | €20k | €36k | ▲ 77.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €6k | €18k | €18k | €34k | ▲ 84.8% |
| Profit (loss) carried forward14 | €6k | €16k | €16k | €37k | €37k | = |
| Amounts payable17/49 | €31k | €37k | €31k | €27k | €195k | ▲ 624% |
| Amounts payable after more than one year17 | €3k | €2k | €2k | €2k | €7k | ▲ 256% |
| Financial debts170/4 | - | €2k | €2k | €2k | €7k | ▲ 256% |
| Amounts payable within one year42/48 | €28k | €35k | €29k | €25k | €187k | ▲ 654% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €29k | - |
| Trade debts44 | €4k | €20k | €7k | €4k | €96k | ▲ 2,352% |
| Suppliers440/4 | - | €20k | €7k | €4k | €96k | ▲ 2,352% |
| Taxes, remuneration and social security45 | - | €5k | €8k | €7k | €59k | ▲ 704% |
| Taxes450/3 | - | €3k | €6k | €7k | €59k | ▲ 704% |
| Remuneration and social security454/9 | - | €2k | €2k | - | - | - |
| Other amounts payable47/48 | - | €10k | €14k | €14k | €3k | ▼ 75.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €10k | €12k | €22k | €15k | ▼ 28.4% |
| + Depreciation and write-downs630 | €5k | €5k | €1k | €905 | €13k | ▲ 1,297% |
| Operating cash flow (approximation) | €559 | €15k | €13k | €23k | €28k | ▲ 24.9% |
| Investment in fixed assets (approximation) | - | €-4k | €-3k | €0 | €-109k | - |
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
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
31-12
Financial
Highest result since 2018net €22k ▲78%
Operating result €27k, net result €22k, both a record.
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 81 days late
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Roosdaal · 1 establishment unit since 2010
Ground area
371 m²
Building footprint
230 m²
Volume, LiDAR
1,448 m³
Parcel 23097B0090/00N000, Flanders · tallest building 26.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kaaitvaartstraat 106, 1760 Roosdaal
since 20102.183.942.033
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23097B0090/00N000 | Flanders | 371 m² | 1 · 230 m² | 26.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2025 · 2 entries · 1,081 EUR awarded · 1,081 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,081 EUR | 1,081 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvalsGroenaanleg en –beheer duaal (so)
Tuinaanlegger-groenbeheerder duaal (so)
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,164 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
Founded05-04-2004
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.