DEVER-BUSSCHAERT
ActiveDEVER-BUSSCHAERT has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €31k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 87% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 4.39 against 1.78 in 2024), and 17.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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
82.4%
Return on assets
23.9%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
56 d early
2023
40 d early
2022
54 d early
2021
11 d early
2020
20 d late
2019
101 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▲ 37.9%
2024 · €77k
2018: €45k
2019: €45k
2020: €47k
2021: €33k
2022: €31k
2023: €49k
2024: €77k
2018 → 2025
Total assets
€129k▲ 3.9%
2024 · €124k
2018: €56k
2019: €55k
2020: €55k
2021: €66k
2022: €55k
2023: €72k
2024: €124k
2018 → 2025
Net result
€31k▲ 2.7%
2024 · €30k
2018: €7k
2019: €534
2020: €4k
2021: €11k
2022: €6k
2023: €27k
2024: €30k
2018 → 2025
Working capital
€77k▲ 108%
2024 · €37k
2018: €33k
2019: €33k
2020: €39k
2021: €30k
2022: €28k
2023: €22k
2024: €37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€31k▼ 7.2%€49k▲ 59.4%€77k▲ 58.3%€107k▲ 37.9%
Operating result€15k-€9k▼ 42.1%€36k▲ 316%€43k▲ 19.5%€45k▲ 3.4%
Net result€11k-€6k▼ 43.8%€27k▲ 343%€30k▲ 13.4%€31k▲ 2.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 3% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€30k▼ 26.7%
Current assets
€100k▲ 18.5%
Equity and liabilities €129k
Equity
€107k▲ 37.9%
Debt
€23k▼ 51.9%
The debt ratio falls from 37.9% to 17.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€55k▲
2024 · €54k
Cash flow
€42k▲
2024 · €41k
Solvency
82.4%▲
2024 · 62.1%
Current ratio
4.39▲
2024 · 1.78
Quick ratio
4.39▲
2024 · 1.78
Debt / equity
0.21▼
2024 · 0.61
ROE
29.0%▼
2024 · 39.0%
ROA
23.9%▼
2024 · 24.2%
Interest coverage
32.28▼
2024 · 36.67
Debt
€23k▼
2024 · €47k
Debt ≤ 1 year
€23k▼
2024 · €47k
Income taxes
€12k▲
2024 · €12k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€124k€129k▲
Fixed assets21/28€40k€30k▼
Tangible fixed assets22/27€40k€30k▼
Land and buildings22€4k€3k▼
Furniture and vehicles24€36k€26k▼
Current assets29/58€84k€100k▲
Amounts receivable within one year40/41€7k€1k▼
Trade receivables40€5k-
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€65k€70k▲
Deferred charges and accrued income490/1€13k€28k▲
Equity and liabilities
Total equity and liabilities10/49€124k€129k▲
Equity10/15€77k€107k▲
Contributions10/11€6k€6k=
Reserves13€71k€100k▲
Distributable reserves133€71k€100k▲
Amounts payable17/49€47k€23k▼
Amounts payable within one year42/48€47k€23k▼
Trade debts44€9k€2k▼
Suppliers440/4€9k€2k▼
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€7k€2k▼
Other amounts payable47/48€31k€19k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€55k€57k▲
Operating profit (loss)9901€43k€45k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€42k€43k▲
Income taxes67/77€12k€12k▲
Profit (loss) for the period9904€30k€31k▲
Profit (loss) for the period to be appropriated9905€30k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€31k▲
Transfer from equity791/2€2k€193▼
Transfer to equity691/2€30k€29k▼
To other reserves6921€30k€29k▼
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €31k ▲2.7%
Operating result €45k, net result €31k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.39
Current ratio from 1.78 to 4.39; short-term debt falls from €47k to €23k.
31-12
Financial
Equity above €100kEq €107k ▲37.9%
8 profitable years in a row build equity to €107k.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial
Weakest financial yearnet €534 ▼92.1%
Net result drops to €534, 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
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Poperinge · 1 establishment unit since 1989
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.
Provenplein 58/B8972 PoperingeGround area
1,100 m²
Building footprint
419 m²
Volume, LiDAR
2,256 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVER-BUSSCHAERT
since 19892.044.170.377
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33022B0149/00G000 | Flanders | 767 m² | 1 · 283 m² | 7.6 m · 2 fl. |
| 33022B0150/00C000 | Flanders | 333 m² | 1 · 136 m² | 9.1 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
3 categoriesDEDELEC BV37987
Similar companies · same sector, comparable size
ALEXCOM
BE 0460.203.830
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CHARC
BE 1003.631.383
Walhain · Eq €107k
Ebenezer Elektro
BE 0731.681.985
Wemmel · Eq €106k
ELECTRO TECH BELGIUM
BE 1001.526.879
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BENNY EMBRECHTS
BE 0897.775.877
Malle · Eq €107k
Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 8,738 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-1989
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43221Plumbing work
45332
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.