Develyn
ActiveDevelyn has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20k and a net result of €146. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 15866 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability4▲+4
Solvency6▼-5
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.63 against 0.84 in 2023), and 95.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
4.6%
Return on assets
0%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 15866 sector peers (2024).
NBB · sector comparisonPosition among 15866 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 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
5 d late
2023
58 d late
2022
28 d late
2021
80 d late
2020
9 d late
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€20k▲ 0.7%
2023 · €20k
2018: €3k
2019: €16k
2020: €25k
2021: €22k
2022: €23k
2023: €20k
2018 → 2024
Total assets
€426k▲ 7.2%
2023 · €398k
2018: €140k
2019: €121k
2020: €132k
2021: €394k
2022: €395k
2023: €398k
2018 → 2024
Net result
€146
2023 · €-3k
2018: €15k
2019: €12k
2020: €9k
2021: €-2k
2022: €271
2023: €-3k
2018 → 2024
Working capital
€-86k▼ 280%
2023 · €-23k
2018: €64k
2019: €65k
2020: €77k
2021: €-3k
2022: €-10k
2023: €-23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€22k▼ 10.0%€23k▲ 1.2%€20k▼ 14.1%€20k▲ 0.7%
Operating result€17k-€1k▼ 93.9%€12k▲ 1,018%€7k▼ 40.5%€13k▲ 87.1%
Net result€9k-€-2k€271€-3k€146
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 87% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €426k
Fixed assets
€280k▲ 0.1%
Current assets
€146k▲ 23.9%
Equity and liabilities €426k
Equity
€20k▲ 0.7%
Debt
€407k▲ 7.5%
The debt ratio rises from 95.1% to 95.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€24k▲
2023 · €18k
Cash flow
€11k▲
2023 · €8k
Solvency
4.6%▼
2023 · 4.9%
Current ratio
0.63▼
2023 · 0.84
Quick ratio
0.15▼
2023 · 0.26
Debt / equity
20.69▲
2023 · 19.38
ROE
0.7%▲
2023 · -16.4%
ROA
0.0%▲
2023 · -0.8%
Interest coverage
1.83▼
2023 · 2.02
Debt
€407k▲
2023 · €378k
Debt ≤ 1 year
€232k▲
2023 · €141k
Debt > 1 year
€157k▼
2023 · €220k
Income taxes
€201▼
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€398k€426k▲
Fixed assets21/28€280k€280k▲
Tangible fixed assets22/27€280k€280k▲
Land and buildings22€271k€264k▼
Plant, machinery and equipment23€451€6k▲
Furniture and vehicles24€7k€5k▼
Other tangible fixed assets26€843€4k▲
Current assets29/58€118k€146k▲
Stocks and contracts in progress3€81k€112k▲
Stocks30/36€81k€112k▲
Amounts receivable within one year40/41€35k€32k▼
Trade receivables40€35k€31k▼
Other amounts receivable41€371€1k▲
Cash at bank and in hand54/58€141€70▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€398k€426k▲
Equity10/15€20k€20k▲
Contributions10/11€14k€14k=
Reserves13€6k€6k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€4k€6k▲
Amounts payable17/49€378k€407k▲
Amounts payable after more than one year17€220k€157k▼
Financial debts170/4€220k€157k▼
Amounts payable within one year42/48€141k€232k▲
Current portion of amounts payable after more than one year42€33k€63k▲
Financial debts43€10k€16k▲
Credit institutions430/8€10k€16k▲
Trade debts44€8k€46k▲
Suppliers440/4€8k€46k▲
Advances received on contracts in progress46€962-
Taxes, remuneration and social security45€10k€9k▼
Taxes450/3€10k€9k▼
Other amounts payable47/48€80k€98k▲
Accrued charges and deferred income492/3€17k€17k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€-3k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€22k€23k▲
Operating profit (loss)9901€7k€13k▲
Financial income75/76B€663€500▼
Recurring financial income75€663€500▼
Financial charges65/66B€9k€13k▲
Recurring financial charges65€9k€13k▲
Profit (loss) for the period before taxes9903€-1k€347▲
Income taxes67/77€2k€201▼
Profit (loss) for the period9904€-3k€146▲
Profit (loss) for the period to be appropriated9905€-3k€146▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€146▲
Transfer from equity791/2€3k-
Transfer to equity691/2-€146
To other reserves6921-€146
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Back to profitnet €146
Net result €146 after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Weakest financial yearnet €-3k ▼1277%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €271
Net result €271 after one loss-making year.
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
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, Schilde · 2 establishment units since 2008
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.
Turnhoutsebaan 2532970 SchildeGround area
2,974 m²
Building footprint
736 m²
Volume, LiDAR
5,642 m³
2 parcels, Flanders · tallest building 15.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
DEVELYN
since 20082.168.541.403
DEVELYN
since 20152.238.807.312
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017A0255/00W002 | Flanders | 2,322 m² | 1 · 213 m² | 8.7 m · 2 fl. |
| 11039D0417/00F002 | Flanders | 652 m² | 1 · 523 m² | 15.1 m · 3 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.
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HUSH
BE 0473.048.016
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LEALE
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Of 683 companies in sector 46412 we hold annual accounts for 512. 235 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2008
Fiscal year end31-12
Activities, NACEBEL
46412Wholesale of household textiles and bedding
47512Retail sale of household textiles and bedding
47750Retail sale of cosmetics and toilet articles
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.