Result
Back in profit in 2025, after a loss of €45,044 in 2024.
Back in profit in 2025, after a loss of €45,044 in 2024.
The accounts state no turnover.
Short-term debts rose from €138,674 to €556,010.
The last five annual accounts were filed 13 to 27 days before the end of the period.
Higher net result than 91% of companies in real estate. Sector median €5,994 · 17,181 companies.
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 68% of them on solvency, 36% on liquidity, 47% on profitability and 73% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,782 companies had the same profile as DEVERWIN has now. Each dot stands for 17 companies, two years later.
That fits the bankruptcy probability of DEVERWIN itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for DEVERWIN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.28 (5.37 in 2024), above the usual 1.5. Short-term debt is 43.9% and cash 10.9% of total assets. 43.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 20 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DEVERWIN Sint-Niklaas | €1.3m | €134,820 | 56.1% | - |
| RVS Construct Sint-Martens-Latem | €1.3m | €139,578 | 10.1% | - |
| EGP IMMO Ghent | €1.5m | €111,198 | 6.2% | 0 |
| CELAC Veurne | €1.4m | €141,880 | 11.0% | - |
| AG Stone Hasselt | €1.2m | €116,839 | 26.9% | 0 |
| SANTE SOURIRE Merbes-le-Château | €1.3m | €103,666 | -7.5% | - |
| IMMO C Liège | €1.5m | €143,481 | 7.2% | - |
These companies have the same main activity as DEVERWIN: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1.2m and €1.5m, founded in 2020.
DEVERWIN files the micro format. That format states no turnover. The gross margin fell from €252,901 in 2021 to €134,820 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €240,000. Estimated: probably between €180,000 and €450,000.
Higher than 70% of 17,190 companies in 2025.
Higher than 70% of 16,487 companies in 2025.
Higher than 72% of 16,866 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
1.3m | 744,288 | 1.2m | 1.9m | 1.0m | |
29/58 |
1.3m | 744,288 | 1.2m | 1.9m | 1.0m | |
3 |
1.1m | 210,620 | 389,480 | 519,188 | 707,888 | |
30/36 |
1.1m | 210,620 | 389,480 | 519,188 | 707,888 | |
40/41 |
24,884 | 7,809 | 412,089 | 24,438 | 10,066 | |
40 |
2,809 | 2,809 | 367,252 | 1,995 | - | |
41 |
22,075 | 5,000 | 44,838 | 22,443 | 10,066 | |
54/58 |
138,651 | 516,427 | 427,084 | 1.4m | 263,879 | |
490/1 |
0 | 9,432 | - | 0 | 27,000 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
1.3m | 744,288 | 1.2m | 1.9m | 1.0m | |
10/15 |
711,126 | 605,614 | 650,658 | 578,698 | 275,673 | |
10/11 |
90,000 | 90,000 | 90,000 | 90,000 | 90,000 | |
13 |
621,126 | 515,614 | 560,658 | 488,698 | 185,673 | |
133 |
621,126 | 515,614 | 560,658 | 488,698 | 185,673 | |
17/49 |
556,010 | 138,674 | 577,995 | 1.4m | 733,160 | |
42/48 |
556,010 | 138,674 | 577,995 | 1.4m | 733,160 | |
43 |
437,500 | - | 0 | 483,186 | 423,000 | |
430/8 |
437,500 | - | 0 | 483,186 | 423,000 | |
44 |
2,729 | 15,922 | 303,238 | 74,634 | 62,866 | |
440/4 |
2,729 | 15,922 | 303,238 | 74,634 | 62,866 | |
45 |
18,660 | 17,473 | 51,909 | 177,541 | 44,762 | |
450/3 |
18,660 | 17,473 | 51,909 | 177,541 | 44,762 | |
47/48 |
97,121 | 105,278 | 222,849 | 617,939 | 202,533 | |
| Income statement | ||||||
76A |
0 | 48,508 | 3,845 | 242,549 | 249,758 | |
9900 |
134,820 | -43,468 | 123,197 | 412,674 | 252,901 | |
640/8 |
1,547 | 1,331 | 6,605 | 1,206 | 695 | |
9901 |
133,273 | -44,799 | 116,591 | 411,468 | 252,206 | |
75/76B |
2,116 | 58 | 12,332 | 22,847 | - | |
75 |
2,116 | 58 | 12,332 | 22,847 | - | |
65/66B |
8,823 | 303 | 32,876 | 30,362 | 4,639 | |
65 |
8,823 | 303 | 32,876 | 30,362 | 4,639 | |
9903 |
126,566 | -45,044 | 96,048 | 403,953 | 247,567 | |
67/77 |
21,054 | 0 | 24,088 | 100,927 | 61,894 | |
9904 |
105,512 | -45,044 | 71,960 | 303,026 | 185,673 | |
9905 |
105,512 | -45,044 | 71,960 | 303,026 | 185,673 | |
| Appropriation of the result | ||||||
9906 |
105,512 | -45,044 | 71,960 | 303,026 | 185,673 | |
791/2 |
0 | 45,044 | - | - | - | |
691/2 |
105,512 | 0 | 71,960 | 303,026 | 185,673 | |
6921 |
105,512 | 0 | 71,960 | 303,026 | 185,673 | |
| Document | ||||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-07-2026 | 2026-00298390 | |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00294268 | |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00208108 | |
| 31-12-2022 | abbreviated format | 04-07-2023 | 2023-00205573 | |
| 31-12-2021 | abbreviated format | 14-07-2022 | 2022-20196660 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| -377,776 | 89,342 | -961,287 | 1.1m | - | ||
| 711,126 | 605,614 | 650,658 | 578,698 | 275,673 | ||
| 56.1% | 81.4% | 53.0% | 30.0% | 27.3% | ||
| 2.28 | 5.37 | 2.13 | 1.43 | 1.38 | ||
| 0.29 | 3.85 | 1.45 | 1.04 | 0.41 | ||
| 0.78 | 0.23 | 0.89 | 2.34 | 2.66 | ||
| 14.8% | -7.4% | 11.1% | 52.4% | 67.4% | ||
| 8.3% | -6.1% | 5.9% | 15.7% | 18.4% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a profit of €133,273, after a loss of €44,799 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total rises from 18.6% to 43.9%. Equity and debt are higher.
Source: lists of holdings in the owners' accounts
DEVERWIN has no parent and no holdings in its annual accounts.
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Gentse Baan 49 registered office 9100 Sint-Niklaas | 01-07-2020 | 2.305.805.212 |
| 23-03-2026 | Granted | Bouwen of herbouwen; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies submitted 17-07-2025 · project 2025083691 | Hamme |
| 08-05-2025 | Refused | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies submitted 11-12-2023 · project 2023164565 | Provincie Oost-Vlaanderen |
| 16-01-2025 | Discontinued | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies submitted 19-12-2024 · project 2024165397 | Hamme |
| 07-12-2023 | Discontinued | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies submitted 08-11-2023 · project 2023148924 | Hamme |
| 08-11-2023 | Discontinued | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies submitted 07-07-2023 · project 2023094652 | Hamme |
| 02-05-2023 | Granted | Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 02-02-2023 · project 2023009917 | Temse |
| 19-01-2023 | Discontinued | Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 23-12-2022 · project 2022159150 | Temse |
| 29-11-2022 | Discontinued | Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 20-10-2022 · project 2022126959 | Temse |
| 04-10-2021 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen van niet vrijstaande gebouwen of constructies; Verwijderen van vrijstaande gebouwen submitted 27-05-2021 · project 2021093442 | Temse |
| 26-04-2021 | Refused | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies; Verwijderen van vrijstaande gebouwen submitted 30-12-2020 · project 2020177185 | Temse |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46444D0058/00M000 | 1,356 m² | 1 · 347 m² | 14.5 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0749.589.175
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