DevElite
ActiveSummary
DevElite has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,650 and a net result of €618,545. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 2729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency30▼-22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.32 in 2024; short-term debt: 94.7% and cash: 48.7% of total assets), and 94.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
5.3%
Return on assets
48%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2729 sector peers (2025).
NBB · sector comparisonPosition among 2729 sector peers
Solvency
better than 17%
← 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 09-02-2026, 172 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
172 d early
2024
94 d early
2023
113 d early
2022
89 d early
2021
31 d early
2020
30 d late
2019
74 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 78 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 April (4 of the last 5 filed years within 63 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, abbreviated schema
Equity
€67,650▼ 72.3%
2024 · €243,875
Total assets
€1.3m▲ 44.3%
2024 · €892,464
Net result
€618,545▲ 7.4%
2024 · €576,069
Working capital
-€21,807
2024 · €205,617
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€372,006▲ 236%€731,071▲ 96.5%€432,046▼ 40.9%€779,645▲ 80.5%€855,689▲ 9.8%
Net result€267,450above the sector's middle half▲ 229%€538,553above the sector's middle half▲ 101%€312,347above the sector's middle half▼ 42.0%€576,069above the sector's middle half▲ 84.4%€618,545above the sector's middle half▲ 7.4%
Equity€405,673above the sector's middle half▲ 193%€944,226above the sector's middle half▲ 133%€267,807within the sector's middle half▼ 71.6%€243,875within the sector's middle half▼ 8.9%€67,650within the sector's middle half▼ 72.3%
Total assets€661,912above the sector's middle half▲ 58.7%€1.2mwithin the sector's middle half▲ 80.7%€815,237within the sector's middle half▼ 31.8%€892,464within the sector's middle half▲ 9.5%€1.3mabove the sector's middle half▲ 44.3%
Debt€256,239▼ 8.1%€251,671▼ 1.8%€547,430▲ 118%€648,588▲ 18.5%€1.2m▲ 88.1%
Working capital€394,262above the sector's middle half▲ 216%€954,627above the sector's middle half▲ 142%€232,593within the sector's middle half▼ 75.6%€205,617within the sector's middle half▼ 11.6%-€21,807below the sector's middle half
Solvency61.3%within the sector's middle half▲ 28.2pp79.0%above the sector's middle half▲ 17.7pp32.9%within the sector's middle half▼ 46.1pp27.3%within the sector's middle half▼ 5.5pp5.3%below the sector's middle half▼ 22.1pp
Current ratio2.54within the sector's middle half▲ 1.096.04above the sector's middle half▲ 3.511.42within the sector's middle half▼ 4.621.32within the sector's middle half▼ 0.110.98below the sector's middle half▼ 0.33
Return on assets (ROA)40.4%above the sector's middle half▲ 20.9pp45.0%above the sector's middle half▲ 4.6pp38.3%above the sector's middle half▼ 6.7pp64.5%above the sector's middle half▲ 26.2pp48.0%above the sector's middle half▼ 16.5pp
Staff (FTE)6.8▲ 17.2%5.6within the sector's middle half▼ 17.6%6within the sector's middle half▲ 7.1%6.7within the sector's middle half▲ 11.7%12above the sector's middle half▲ 79.1%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Net result +101% on 2021. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€89,457 ▲ 134%
Current assets
€1.2m ▲ 40.3%
Equity and liabilities €1.3m
Equity
€67,650 ▼ 72.3%
Debt
€1.2m ▲ 88.1%
Debt's share of the balance-sheet total rises from 72.7% to 94.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€881,725▲
2024 · €789,686
Cash flow
€644,581▲
2024 · €586,110
Debt to equity
18.04▲
2024 · 2.66
ROE
914.3%▲
2024 · 236.2%
Interest coverage
70.79▼
2024 · 88.01
Debt ≤ 1 year
€1.2m▲
2024 · €648,588
Income taxes
€227,735▲
2024 · €198,564
Staff costs
€777,707▲
2024 · €453,102
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 875 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.1%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 875 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1,179 | €3,974 | - | - | - | - |
| Remuneration, social security and pensions62 | €368,872 | €338,190 | €453,600 | €453,102 | €777,707 | ▲ 71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,233 | €7,062 | €8,780 | €10,041 | €26,036 | ▲ 159% |
| Other operating charges640/8 | €2,060 | €1,575 | €4,825 | €856 | €501 | ▼ 41.4% |
| Non-recurring operating charges66A | - | €121 | - | - | - | - |
| Gross operating margin9900 | €746,171 | €1.1m | €899,251 | €1.2m | €1.7m | ▲ 33.5% |
| Operating profit (loss)9901 | €372,006 | €731,071 | €432,046 | €779,645 | €855,689 | ▲ 9.8% |
| Financial income75/76B | €686 | €214 | €11 | €3,961 | €3,046 | ▼ 23.1% |
| Recurring financial income75 | €686 | €214 | €11 | €3,961 | €3,046 | ▼ 23.1% |
| Financial charges65/66B | €2,797 | €5,856 | €9,259 | €8,973 | €12,455 | ▲ 38.8% |
| Recurring financial charges65 | €2,797 | €5,856 | €9,259 | €8,973 | €12,455 | ▲ 38.8% |
| Profit (loss) for the period before taxes9903 | €369,895 | €725,430 | €422,798 | €774,633 | €846,280 | ▲ 9.2% |
| Income taxes67/77 | €102,445 | €186,876 | €110,451 | €198,564 | €227,735 | ▲ 14.7% |
| Profit (loss) for the period9904 | €267,450 | €538,553 | €312,347 | €576,069 | €618,545 | ▲ 7.4% |
| Transfer from tax-exempt reserves789 | €16,500 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €283,950 | €538,553 | €312,347 | €576,069 | €618,545 | ▲ 7.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €661,912 | €1.2m | €815,237 | €892,464 | €1.3m | ▲ 44.3% |
| Fixed assets21/28 | €11,411 | €52,037 | €35,214 | €38,258 | €89,457 | ▲ 134% |
| Intangible fixed assets21 | - | €2,958 | €2,265 | €4,874 | €62,089 | ▲ 1,174% |
| Tangible fixed assets22/27 | €11,411 | €40,079 | €23,949 | €24,385 | €18,367 | ▼ 24.7% |
| Plant, machinery and equipment23 | - | - | - | €6,001 | €5,389 | ▼ 10.2% |
| Furniture and vehicles24 | €11,411 | €37,829 | €20,420 | €15,323 | €10,384 | ▼ 32.2% |
| Other tangible fixed assets26 | - | €2,250 | €3,529 | €3,062 | €2,595 | ▼ 15.3% |
| Financial fixed assets28 | - | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Current assets29/58 | €650,501 | €1.1m | €780,023 | €854,205 | €1.2m | ▲ 40.3% |
| Amounts receivable after more than one year29 | - | - | - | €7,000 | €7,000 | = |
| Other amounts receivable291 | - | - | - | €7,000 | €7,000 | = |
| Amounts receivable within one year40/41 | €267,519 | €436,715 | €427,434 | €463,240 | €557,746 | ▲ 20.4% |
| Trade receivables40 | €220,414 | €381,240 | €367,589 | €462,897 | €537,749 | ▲ 16.2% |
| Other amounts receivable41 | €47,105 | €55,474 | €59,845 | €343 | €19,998 | ▲ 5,731% |
| Current investments50/53 | - | - | €250,000 | - | - | - |
| Cash at bank and in hand54/58 | €380,688 | €706,208 | €96,581 | €383,361 | €626,513 | ▲ 63.4% |
| Deferred charges and accrued income490/1 | €2,294 | €938 | €6,008 | €604 | €7,061 | ▲ 1,069% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €661,912 | €1.2m | €815,237 | €892,464 | €1.3m | ▲ 44.3% |
| Equity10/15 | €405,673 | €944,226 | €267,807 | €243,875 | €67,650 | ▼ 72.3% |
| Contributions10/11 | €18,600 | €18,600 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | - | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €387,073 | €925,626 | €206,307 | €182,375 | €6,150 | ▼ 96.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | €6,150 | €6,150 | €6,150 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €385,213 | €923,766 | €200,157 | €176,225 | - | - |
| Amounts payable17/49 | €256,239 | €251,671 | €547,430 | €648,588 | €1.2m | ▲ 88.1% |
| Amounts payable within one year42/48 | €256,239 | €189,234 | €547,430 | €648,588 | €1.2m | ▲ 88.1% |
| Trade debts44 | €217,573 | €147,699 | €128,698 | €144,393 | €220,745 | ▲ 52.9% |
| Suppliers440/4 | €217,573 | €147,699 | €128,698 | €144,393 | €220,745 | ▲ 52.9% |
| Taxes, remuneration and social security45 | €38,667 | €41,534 | €52,992 | €95,390 | €204,174 | ▲ 114% |
| Taxes450/3 | €4,545 | €2,658 | €10,349 | €48,178 | €116,460 | ▲ 142% |
| Remuneration and social security454/9 | €34,121 | €38,877 | €42,643 | €47,212 | €87,715 | ▲ 85.8% |
| Other amounts payable47/48 | - | - | €365,740 | €408,806 | €795,207 | ▲ 94.5% |
| Accrued charges and deferred income492/3 | - | €62,438 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €267,450 | €538,553 | €312,347 | €576,069 | €618,545 | ▲ 7.4% |
| + Depreciation and write-downs630 | €3,233 | €7,062 | €8,780 | €10,041 | €26,036 | ▲ 159% |
| Operating cash flow (approximation) | €270,683 | €545,616 | €321,127 | €586,110 | €644,581 | ▲ 10.0% |
| Investment in fixed assets (approximation) | - | -€47,689 | €8,044 | -€13,086 | -€77,234 | ▼ 490% |
| Change in cash | - | €325,519 | -€609,626 | €286,780 | €243,152 | ▼ 15.2% |
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
Next filing, fiscal year 2026, expected by
2026
09-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €618,545 ▲7.4%
Operating result €855,689, net result €618,545, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 6.04
Current ratio from 2.54 to 6.04; short-term debt falls from €256,239 to €189,234.
31-12
Financial
Equity above €500,000Eq €944,226 ▲133%
5 profitable years in a row build equity to €944,226.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €405,673 ▲193%
4 profitable years in a row build equity to €405,673.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €100,000Eq €138,223 ▲143%
3 profitable years in a row build equity to €138,223.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Heist-op-den-Berg · 1 establishment unit since 2017
Ground area
507 m²
Building footprint
162 m²
Volume, LiDAR
591 m³
Parcel 12014K1008/00G000, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DevElite
since 20172.269.275.606
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K1008/00G000 | Flanders | 507 m² | 1 · 162 m² | 4.8 m · 1 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
2023 to 2025 · 3 entries · 4,037 EUR awarded · 3,491 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 585 EUR | 1,170 EUR |
| 2024 | 1 | 1,551 EUR | 420 EUR |
| 2023 | 1 | 1,901 EUR | 1,901 EUR |
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,537 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0682492988
Also
9925:BE0682492988
Registered
22-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.