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Develek

Active
Private limited companyfounded 20251 yr activeLarenbroekstraat(HA) 10, 9450 Haaltert, BelgiumKBO/BCE: BE 1022.388.215
Summary

Develek has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,071 and a net result of €1,071. Its solvency ranks better than 32% of 30651 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

What they do
General electrical installation work
NACE 43211
1 site
How big
€19,847total assets 2025
Equity
€6,071
Profit
€1,071
Turnover not published (abridged schema)
Financially healthy?
69 Healthy Checked score 2025
Bankruptcy chance 12 m
0.7%
Who decides
Accounts 30 d early0 of 1 deed read
Why 69- Founded in 2025- Size: total assets €19,847- Sector Specialised construction activities (NACE 43)+ Liquidity: current ratio 0.95, cash €12,047Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 48% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 56
equity 30.6% of total assets
Liquidity 63
short-term debt 69.4% · cash 60.7%
Profitability 75
return on assets 5.4%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)
  • Liquidity: current ratio 0.95, cash €12,047 lowers the probability
  • Founded in 2025 raises the probability for this profile
  • Size: total assets €19,847 raises the probability for this profile
  • Sector Specialised construction activities (NACE 43) raises the probability
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 32%, liquidity 61%, profitability 50%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 0.95, cash €12,047
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Founded in 2025
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Size: total assets €19,847
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
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 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
30 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Caution: Among the weakest 14% on equitysector median €58,290 · 30,662 companies €6,071 View
  • Founded 17 months agofounded 15-04-2025 17 mo View
  • Total assets 2025first fiscal year filed €19,847 View

By topic

Financials

Fiscal year
2025
Total assets
€19,847
Profit
€1,071
Solvency
30.6%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
15-04-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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