DEVELBOUW
The computed 12-month bankruptcy probability of DEVELBOUW is 0.8% (low). 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 41% of 3827 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €91k |
| Net result | €15k |
| Better than sector | 41% |
| Active | 22 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.0% | 39.4% | |
| Net result | €15k | €9k | |
| Equity | €91k | €29k | |
| Gross operating margin | €40k | €26k | |
| Staff costs | €3k | €16k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €36k |
| Net profit | €15k |
| Cash flow | €28k |
| Staff costs | €3k |
| Income taxes | €12k |
| Dividends | - |
| Total assets | €286k |
| Equity | €91k |
| Debt | €195k |
| of which ≤ 1y | €187k |
| of which > 1y | €7k |
| Working capital | €-5k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.98 |
| Quick ratio | 0.98 |
| Working capital ratio | -1.6% |
| Solvency | 32.0% |
| Debt / equity | 2.13 |
| Long-term debt ratio | 0.08 |
| Interest coverage | 17.49 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.4% |
| ROE | 16.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €286k |
| Fixed assets | 21/28 | €103k |
| Intangible fixed assets | 21 | €66k |
| Tangible fixed assets | 22/27 | €37k |
| Current assets | 29/58 | €183k |
| Amounts receivable within one year | 40/41 | €182k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €286k |
| Equity | 10/15 | €91k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €36k |
| Accumulated profits (losses) | 14 | €37k |
| Amounts payable | 17/49 | €195k |
| Amounts payable after one year | 17 | €7k |
| Amounts payable within one year | 42/48 | €187k |
| Trade debts payable within one year | 44 | €96k |
| Income statement | ||
| Gross operating margin | 9900 | €40k |
| Operating result | 9901 | €23k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €27k |
| Income taxes | 67/77 | €12k |
| Net result for the period | 9904 | €15k |
| Result to be appropriated | 9905 | €15k |
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 05-04-2004 |
| Status | Active |
| Postal code | 1760 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23097B0090/00N000 | Flanders | 371 m² | 1 · 230 m² | 26.1 m · 2 fl. |
| 41065B0291/00E000 | Flanders | 288 m² | 1 · 105 m² | 11.2 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-11-2024 Registered office moved
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "1760 Roosdaal, Kaaitvaartstraat 106",
"city": null,
"region": null,
"street": null,
"country": "BE",
"postcode": null,
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"old_address": {
"raw": "9506 Geraardsbergen, Smeerebbestraat 24",
"city": null,
"region": null,
"street": null,
"country": "BE",
"postcode": null,
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": "Peter De Schepper",
"firm_city": null,
"firm_name": null,
"office_city": "Roosdaal",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-11-18",
"filing_date": "2024-11-05",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2024-10-22",
"unanimous": true
},
"subject_company": {
"kbo": "0864.538.432",
"name_full": "DEVELBOUW",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "DEVEL Tom",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte van de akte"
]
}16-05-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-05-16",
"filing_date": "2024-05-06",
"act_kind_objet": "Fusievoorstel"
},
"decision": {
"body": null,
"act_date": "2024-03-20",
"unanimous": null
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0864.538.432",
"name": "Develbouw",
"role": "acquiring",
"address": "Smeerebbestraat 24 te 9506 Geraardsbergen",
"is_foreign": false,
"legal_form": "Besloten Vennootschap",
"is_new_company": false,
"jurisdiction_country": null
},
{
"kbo": "0715.398.655",
"name": "Total Outdoor Cre8ions",
"role": "absorbed",
"address": "Smeerebbestraat 24 te 9506 Geraardsbergen",
"is_foreign": false,
"legal_form": "Besloten Vennootschap",
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [
"12:51",
"12:50"
],
"is_cross_border": false,
"is_silent_merger": true,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": "Het gehele vermogen van de overgenomen vennootschap zal overgaan op de overnemende vennootschap.",
"equity_transferred_eur": null,
"accounting_effective_date": "2024-01-01"
},
"subject_company": {
"kbo": "0864.538.432",
"name_full": "Develbouw",
"legal_form": "Besloten Vennootschap"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Tom Devel",
"org_rep_person_name": null
},
"summary_narrative": "Een fusievoorstel voor een geruisloze fusie door overneming tussen de besloten vennootschap Develbouw (overnemende vennootschap) en de besloten vennootschap Total Outdoor Cre8ions (overgenomen vennootschap). De overnemende vennootschap is reeds houder van alle aandelen van de overgenomen vennootschap. Het gehele vermogen van de overgenomen vennootschap zal overgaan op de overnemende vennootschap volgens de vereenvoudigde procedure zoals bepaald in artikel 12:50 en volgende van het Wetboek Vennootschappen en Verenigingen.",
"co_filed_documents": [],
"detected_real_type": "fusion_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | DEVELBOUW |