Skip to content

DEVGEM

Active
Private limited companyfounded 201016 yrs activeFloraliënlaan 519, 2610 Antwerpen, BelgiumKBO/BCE: BE 0824.973.518
Summary

DEVGEM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175,739 and a net result of €28,577. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability87▲+15
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 7.99 against 22.14 in 2024; short-term debt: 12.3% and cash: 28.8% of total assets), and 12.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
87.7%
Return on assets
14.3%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 filings
Deviation from the deadline
2025
2 d late
2024
7 d late
2023
on the day
2022
on the day
2021
1 d late
2020
2 d late
2019
on the day
← 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 2 days after 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
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

History

DEVGEM was incorporated on 9 April 2010.1 Total assets rose from EUR 115,769 in 2019 to EUR 200,423 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€175,739▲ 5.0%
2024 · €167,330
Total assets
€200,423▲ 14.5%
2024 · €174,979
Net result
€28,577▲ 466%
2024 · €5,053
Working capital
€172,523▲ 6.7%
2024 · €161,709
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€16,589▼ 60.0%€31,257▲ 88.4%€36,859▲ 17.9%€4,314▼ 88.3%€37,182▲ 762%
Net result€11,514within the sector's middle half▼ 63.4%€21,734within the sector's middle half▲ 88.8%€27,447within the sector's middle half▲ 26.3%€5,053within the sector's middle half▼ 81.6%€28,577within the sector's middle half▲ 466%
Equity€113,095within the sector's middle half▼ 14.0%€134,829within the sector's middle half▲ 19.2%€162,277above the sector's middle half▲ 20.4%€167,330above the sector's middle half▲ 3.1%€175,739above the sector's middle half▲ 5.0%
Total assets€140,471within the sector's middle half▼ 5.2%€151,800within the sector's middle half▲ 8.1%€167,289within the sector's middle half▲ 10.2%€174,979within the sector's middle half▲ 4.6%€200,423within the sector's middle half▲ 14.5%
Debt€27,377▲ 64.2%€16,971▼ 38.0%€5,012▼ 70.5%€7,649▲ 52.6%€24,684▲ 223%
Working capital€104,802within the sector's middle half▼ 18.6%€121,864within the sector's middle half▲ 16.3%€152,315above the sector's middle half▲ 25.0%€161,709above the sector's middle half▲ 6.2%€172,523above the sector's middle half▲ 6.7%
Solvency80.5%above the sector's middle half▼ 8.2pp88.8%above the sector's middle half▲ 8.3pp97.0%above the sector's middle half▲ 8.2pp95.6%above the sector's middle half▼ 1.4pp87.7%above the sector's middle half▼ 7.9pp
Current ratio4.83within the sector's middle half▼ 3.908.18above the sector's middle half▲ 3.3531.39above the sector's middle half▲ 23.2122.14above the sector's middle half▼ 9.257.99above the sector's middle half▼ 14.15
Return on assets (ROA)8.2%within the sector's middle half▼ 13.0pp14.3%within the sector's middle half▲ 6.1pp16.4%within the sector's middle half▲ 2.1pp2.9%below the sector's middle half▼ 13.5pp14.3%within the sector's middle half▲ 11.4pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2021: €16,589€16,589Net result 2021: €11,514€11,514Operating result 2022: €31,257€31,257Net result 2022: €21,734€21,734Operating result 2023: €36,859€36,859Net result 2023: €27,447€27,447Operating result 2024: €4,314€4,314Net result 2024: €5,053€5,053Operating result 2025: €37,182€37,182Net result 2025: €28,577€28,57720212022202320242025€0€10,000€20,000€30,000€40,000Operating result 2023: €36,859€36,900Net result 2023: €27,447€27,400Operating result 2024: €4,314€4,310Net result 2024: €5,053€5,050Operating result 2025: €37,182€37,200Net result 2025: €28,577€28,600202320242025
The operating result recovers in 2025; 2025 is 762% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €200,423
Fixed assets €3,216 ▼ 42.8%
Current assets €197,207 ▲ 16.4%
Equity and liabilities €200,423
Equity €175,739 ▲ 5.0%
Debt €24,684 ▲ 223%
Debt's share of the balance-sheet total rises from 4.4% to 12.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€39,587▲
2024 · €8,654
Cash flow
€30,982▲
2024 · €9,394
Debt to equity
0.14▲
2024 · 0.05
ROE
16.3%▲
2024 · 3.0%
Interest coverage
77.17▲
2024 · 15.99
Debt ≤ 1 year
€24,684▲
2024 · €7,649
Income taxes
€12,476▲
2024 · €3,512
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.8% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 34,679 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€174,979€200,423▲
Fixed assets21/28€5,621€3,216▼
Tangible fixed assets22/27€5,371€2,966▼
Plant, machinery and equipment23-€0
Furniture and vehicles24€4,521€2,116▼
Leasing and similar rights25-€0
Other tangible fixed assets26€850€850=
Financial fixed assets28€250€250=
Current assets29/58€169,358€197,207▲
Amounts receivable within one year40/41€155,501€138,487▼
Trade receivables40€48,785€33,126▼
Other amounts receivable41€106,716€105,361▼
Cash at bank and in hand54/58€12,886€57,710▲
Deferred charges and accrued income490/1€970€1,010▲
Equity and liabilities
Total equity and liabilities10/49€174,979€200,423▲
Equity10/15€167,330€175,739▲
Contributions10/11€18,600€18,600=
Reserves13€148,730€157,139▲
Non-distributable reserves130/1€1,860-
Reserves not available under the articles1311€1,860-
Distributable reserves133€146,870€157,139▲
Amounts payable17/49€7,649€24,684▲
Amounts payable within one year42/48€7,649€24,684▲
Trade debts44€4,646€8,009▲
Suppliers440/4€4,646€8,009▲
Taxes, remuneration and social security45€3,003€16,675▲
Taxes450/3€3,003€16,675▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,340€2,405▼
Other operating charges640/8€828€1,258▲
Gross operating margin9900€9,483€40,845▲
Operating profit (loss)9901€4,314€37,182▲
Financial income75/76B€4,793€4,384▼
Recurring financial income75€4,793€4,384▼
Financial charges65/66B€541€513▼
Recurring financial charges65€541€513▼
Profit (loss) for the period before taxes9903€8,565€41,053▲
Income taxes67/77€3,512€12,476▲
Profit (loss) for the period9904€5,053€28,577▲
Profit (loss) for the period to be appropriated9905€5,053€28,577▲
Appropriation of the result
Profit (loss) to be appropriated9906€5,053€28,577▲
Transfer from equity791/2-€20,168
Transfer to equity691/2€5,053€28,577▲
To other reserves6921€5,053€28,577▲
Profit to be distributed694/7-€20,168
Return on contributions (dividend)694-€20,168

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,568€4,091€4,227€4,340€2,405▼ 44.6%
Other operating charges640/8-€1,156€1,100€828€1,258▲ 51.9%
Gross operating margin9900€20,357€36,504€42,187€9,483€40,845▲ 331%
Operating profit (loss)9901€16,589€31,257€36,859€4,314€37,182▲ 762%
Financial income75/76B-€2,239€3,177€4,793€4,384▼ 8.5%
Recurring financial income75€2,122€2,239€3,177€4,793€4,384▼ 8.5%
Financial charges65/66B-€1,796€310€541€513▼ 5.2%
Recurring financial charges65€1,774€1,796€310€541€513▼ 5.2%
Profit (loss) for the period before taxes9903€16,937€31,700€39,726€8,565€41,053▲ 379%
Income taxes67/77€5,423€9,966€12,278€3,512€12,476▲ 255%
Profit (loss) for the period9904€11,514€21,734€27,447€5,053€28,577▲ 466%
Profit (loss) for the period to be appropriated9905€11,514€21,734€27,447€5,053€28,577▲ 466%
Line20212022202320242025Change
Assets
Total assets20/58€140,471€151,800€167,289€174,979€200,423▲ 14.5%
Fixed assets21/28€8,293€12,965€9,962€5,621€3,216▼ 42.8%
Tangible fixed assets22/27€8,043€12,715€9,712€5,371€2,966▼ 44.8%
Plant, machinery and equipment23----€0-
Furniture and vehicles24-€7,995€6,927€4,521€2,116▼ 53.2%
Leasing and similar rights25-€3,871€1,935-€0-
Other tangible fixed assets26-€850€850€850€850=
Financial fixed assets28€250€250€250€250€250=
Current assets29/58€132,179€138,835€157,327€169,358€197,207▲ 16.4%
Amounts receivable within one year40/41€87,953€114,707€131,799€155,501€138,487▼ 10.9%
Trade receivables40-€50,302€34,341€48,785€33,126▼ 32.1%
Other amounts receivable41-€64,405€97,458€106,716€105,361▼ 1.3%
Cash at bank and in hand54/58€43,710€23,365€24,801€12,886€57,710▲ 348%
Deferred charges and accrued income490/1-€762€727€970€1,010▲ 4.1%
Equity and liabilities
Total equity and liabilities10/49€140,471€151,800€167,289€174,979€200,423▲ 14.5%
Equity10/15€113,095€134,829€162,277€167,330€175,739▲ 5.0%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€94,495€116,229€143,677€148,730€157,139▲ 5.7%
Non-distributable reserves130/1-€1,860€1,860€1,860--
Reserves not available under the articles1311-€1,860€1,860€1,860--
Distributable reserves133-€114,369€141,817€146,870€157,139▲ 7.0%
Amounts payable17/49€27,377€16,971€5,012€7,649€24,684▲ 223%
Amounts payable within one year42/48€27,377€16,971€5,012€7,649€24,684▲ 223%
Trade debts44€5,590€1,421€2,378€4,646€8,009▲ 72.4%
Suppliers440/4-€1,421€2,378€4,646€8,009▲ 72.4%
Taxes, remuneration and social security45-€15,550€2,634€3,003€16,675▲ 455%
Taxes450/3-€13,550€2,634€3,003€16,675▲ 455%
Remuneration and social security454/9-€2,000----
Line20212022202320242025Change
Profit (loss) for the period9904€11,514€21,734€27,447€5,053€28,577▲ 466%
+ Depreciation and write-downs630€1,568€4,091€4,227€4,340€2,405▼ 44.6%
Operating cash flow (approximation)€13,082€25,825€31,675€9,394€30,982▲ 230%
Investment in fixed assets (approximation)--€8,763-€1,224€0€0-
Change in cash--€20,345€1,436-€11,915€44,824▲ 476%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
02-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
07-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
30-06
Financial Weakest financial yearnet €5,053 ▼81.6%
Net result drops to €5,053, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Liquidity quadruplescurrent ratio 31.39
Current ratio from 8.18 to 31.39; short-term debt falls from €16,971 to €5,012.
30-06
Financial Equity above €150,000Eq €162,277 ▲20.4%
5 profitable years in a row build equity to €162,277.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
01-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
02-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
30-06
Financial Highest result since 2019net €31,452 ▲55.9%
Net result €31,452, the highest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Antwerpen · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
143 m²
Building footprint
96 m²
Volume, LiDAR
718 m³
Parcel 11051B0380/00M003, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DEVGEM
Floraliënlaan 519, 2610 AntwerpenIT consultancy
since 20102.188.698.397
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11051B0380/00M003 Flanders 143 m² 1 · 96 m² 9.8 m · 3 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

2024 · 1 entry · 600 EUR awarded · 300 EUR paid
Year Entries awardedpaid
2024 1 600 EUR300 EUR
Schemes
1 entry · 600 EUR · 300 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,161 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-04-2010
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail info@devgem.be
Phone 0496407268
E-invoicing
Reachable via Peppol
Peppol ID 0208:0824973518
Also 9925:BE0824973518
Registered 19-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.