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Devgenix

Active
Private limited companyfounded 20197 yrs activeLombardsijdestraat 217, 1120 Brussel, BelgiumKBO/BCE: BE 0731.623.290

Devgenix has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €5k and a net result of €-44. Equity is shrinking by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 34 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2026
33 / 100
Weak▲ +26 vs 2025
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability0=
Solvency9=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 0.84 in 2025), and 98.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2026
Solvency, return and age of the figures
Solvency
1.8%
Return on assets
0%
Age of the figures
6 mo
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
212223242526
2021 to 2026 · latest year -€44
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 34 sector peers (2026).
NBB · sector comparison
Position among 34 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 27-08-2026, 34 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2026
34 d early
2025
8 d early
2024
10 d late
2023
24 d late
2022
31 d early
2021
26 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
08-09-2026 today28-02-2027 close30-09-2027 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

Financials · fiscal year 2026, abbreviated schema

Equity
€5k▼ 0.8%
2025 · €6k
2021: €11k 2022: €19k 2023: €20k 2024: €16k 2025: €6k
2021 → 2026
Total assets
€307k▲ 19.9%
2025 · €256k
2021: €30k 2022: €179k 2023: €274k 2024: €218k 2025: €256k
2021 → 2026
Net result
€-44▲ 99.6%
2025 · €-11k
2021: €-7k 2022: €8k 2023: €646 2024: €-4k 2025: €-11k
2021 → 2026
Working capital
€-49k▼ 42.5%
2025 · €-34k
2021: €11k 2022: €19k 2023: €19k 2024: €5k 2025: €-34k
2021 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20222023202420252026Trend
Equity€19k-€20k▲ 3.3%€16k▼ 19.0%€6k▼ 65.9%€5k▼ 0.8%
Operating result€9k-€2k▼ 83.0%€-3k€-9k▼ 213%€3k
Net result€8k-€646▼ 92.1%€-4k€-11k▼ 182%€-44▲ 99.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-15k€-10k€-5k€0€5k€10kOperating result 2022: €9k€9kNet result 2022: €8k€8kOperating result 2023: €2k€2kNet result 2023: €646€646Operating result 2024: €-3k€-3kNet result 2024: €-4k€-4kOperating result 2025: €-9k€-9kNet result 2025: €-11k€-11kOperating result 2026: €3k€3kNet result 2026: €-44€-4420222023202420252026
The operating result returns to profit in 2026: €3k after a loss of €9k in 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €307k
Fixed assets €81k▲ 1.5%
Current assets €226k▲ 28.2%
Equity and liabilities €307k
Equity €5k▼ 0.8%
Provisions €7k▼ 50.7%
Debt €294k▲ 24.7%
The debt ratio rises from 92.2% to 95.9%: debt grows while equity shrinks.
Key figures and ratios
2026 value · change against 2025
EBITDA
€11k
2025 · €-2k
Cash flow
€8k
2025 · €-3k
Solvency
1.8%
2025 · 2.2%
Current ratio
0.82
2025 · 0.84
Quick ratio
0.82
2025 · 0.84
Debt / equity
53.79
2025 · 42.80
ROE
-0.8%
2025 · -193.6%
ROA
0.0%
2025 · -4.2%
Interest coverage
6.60
2025 · -1.10
Debt
€294k
2025 · €236k
Debt ≤ 1 year
€274k
2025 · €210k
Debt > 1 year
€17k
2025 · €25k
Income taxes
€1k
2025 · €226
Staff costs
€588k
2025 · €507k
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 · 2026 against 2025
Balance sheet Code20252026
Assets
Total assets20/58€256k€307k
Fixed assets21/28€80k€81k
Tangible fixed assets22/27€80k€81k
Land and buildings22€71k€68k
Furniture and vehicles24€9k€14k
Other tangible fixed assets26€156€0
Current assets29/58€176k€226k
Amounts receivable within one year40/41€84k€179k
Trade receivables40€84k€129k
Other amounts receivable41-€50k
Cash at bank and in hand54/58€89k€41k
Deferred charges and accrued income490/1€3k€6k
Equity and liabilities
Total equity and liabilities10/49€256k€307k
Equity10/15€6k€5k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-13k€-13k
Provisions and deferred taxes16€14k€7k
Provisions for liabilities and charges160/5€14k€7k
Environmental obligations163-€0
Other liabilities and charges164/5€14k€7k
Amounts payable17/49€236k€294k
Amounts payable after more than one year17€25k€17k
Financial debts170/4€25k€17k
Amounts payable within one year42/48€210k€274k
Current portion of amounts payable after more than one year42€8k€8k=
Trade debts44€2k€4k
Suppliers440/4€2k€4k
Taxes, remuneration and social security45€111k€102k
Taxes450/3€33k€5k
Remuneration and social security454/9€78k€98k
Other amounts payable47/48€89k€160k
Accrued charges and deferred income492/3€1k€4k
Income statement Code20252026
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62€507k€588k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k
Provisions for liabilities and charges: additions (uses and reversals)635/8€14k€0
Other operating charges640/8€11k€400
Gross operating margin9900€531k€599k
Operating profit (loss)9901€-9k€3k
Financial income75/76B€0€1
Recurring financial income75€0€1
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€-10k€983
Income taxes67/77€226€1k
Profit (loss) for the period9904€-11k€-44
Profit (loss) for the period to be appropriated9905€-11k€-44
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-13k
Profit (loss) brought forward from the previous period14P€-2k€-13k
Social balance
Average headcount (FTE)90876.87.8

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 30-09-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
22-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
28-02
Financial Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
2024
10-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 10 days late
2023
24-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 24 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
28-02
Financial Back to profitnet €8k
Net result €8k after one loss-making year.
2021
26-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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, Brussel · 1 establishment unit since 2019
exact location from the address register On OpenStreetMap
Ground area
770 m²
Building footprint
297 m²
Volume, LiDAR
2,733 m³
2 parcels, Brussels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Devgenix Buggenhout
Maalderijstraat 13-15, 9255 BuggenhoutWholesale trade
since 20192.292.206.307
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21819C0091/00P002 Brussels 621 m² 1 · 148 m² 11.4 m · 3 fl.
42004B0203/00X004 Flanders 149 m² 1 · 149 m² 11.3 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.

Similar companies · same sector, comparable size

Of 16,793 companies in sector 62100 we hold annual accounts for 8,740. 3,150 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-07-2019
Fiscal year end28-02
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.