Equity
DEVGYN has made a profit without a break since 2018.
In July 2024, 6,053 companies had the same profile as DEVGYN has now. Each dot stands for 16 companies, two years later.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,053 companies, not a prediction for DEVGYN. 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.
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.
DEVGYN files the micro format. That format states no turnover. The gross margin fell from €181,831 in 2012 to €89,892 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €270,000. Estimated: probably between €170,000 and €460,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
711,856 | 769,886 | 792,752 | 764,337 | 760,458 | 663,049 | 585,229 | 550,555 | 224,319 | 307,070 | 209,261 | 129,121 | 87,746 | 209,201 | |
21/28 |
403,056 | 435,341 | 452,946 | 447,496 | 475,045 | 432,434 | 447,251 | 387,502 | 92,041 | 96,899 | 78,559 | 13,369 | 20,291 | 24,465 | |
22/27 |
403,056 | 435,341 | 452,946 | 447,496 | 475,045 | 432,434 | 447,251 | 387,502 | 92,041 | 96,899 | 78,559 | 13,369 | 20,291 | 24,465 | |
22 |
355,060 | 366,560 | 378,059 | 389,559 | 401,059 | 412,558 | 419,581 | 360,196 | 71,050 | 71,050 | 71,050 | - | - | - | |
23 |
16,699 | 19,333 | 8,904 | 11,851 | 14,799 | 17,746 | 20,694 | 13,521 | - | - | - | - | - | - | |
24 |
28,636 | 46,488 | 65,982 | 46,085 | 58,913 | 1,580 | 6,152 | 12,686 | 19,617 | 24,200 | 5,585 | 11,170 | 17,818 | 24,465 | |
26 |
2,661 | 2,961 | 0 | - | 275 | 550 | 825 | 1,100 | 1,374 | 1,649 | 1,924 | 2,199 | 2,474 | - | |
29/58 |
308,801 | 334,545 | 339,806 | 316,841 | 285,412 | 230,615 | 137,978 | 163,053 | 132,277 | 210,171 | 130,702 | 115,752 | 67,454 | 184,737 | |
29 |
- | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | - | - | - | - | - | - | - | |
291 |
- | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | - | - | - | - | - | - | - | |
40/41 |
77,892 | 63,620 | 183,359 | 111,276 | 54,987 | 112 | 16,477 | 83,701 | 89,647 | 98,353 | 93,189 | 73,833 | 34,637 | 67,555 | |
40 |
- | 986 | 57,454 | - | 6,930 | 68 | - | 62,687 | 51,101 | 71,011 | 91,051 | 68,911 | 29,715 | 65,904 | |
41 |
77,892 | 62,635 | 125,905 | 111,276 | 48,057 | 43 | 16,477 | 21,014 | 38,546 | 27,341 | 2,139 | 4,922 | 4,922 | 1,651 | |
50/53 |
- | - | - | - | 8,991 | 9,000 | - | - | - | - | - | - | - | - | |
54/58 |
177,994 | 195,180 | 143,697 | 121,937 | 134,078 | 104,173 | 41,406 | 77,017 | 40,295 | 109,524 | 35,483 | 41,215 | 31,007 | 117,181 | |
490/1 |
52,914 | 65,745 | 2,750 | 73,628 | 77,356 | 107,330 | 70,095 | 2,336 | 2,336 | 2,294 | 2,029 | 704 | 1,810 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
711,856 | 769,886 | 792,752 | 764,337 | 760,458 | 663,049 | 585,229 | 550,555 | 224,319 | 307,070 | 209,261 | 129,121 | 87,746 | 209,201 | |
10/15 |
593,291 | 570,010 | 530,217 | 470,825 | 364,250 | 264,279 | 143,244 | 162,391 | 132,248 | 159,075 | 127,564 | 87,811 | 2,836 | 16,114 | |
10/11 |
0 | 0 | 0 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
593,291 | 570,010 | 530,217 | 458,425 | 351,850 | 251,879 | 130,844 | 149,991 | 146,675 | 146,675 | 115,164 | 75,411 | 1,860 | 3,714 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | 37,500 | 37,500 | 18,750 | 18,750 | - | - | |
133 |
593,291 | 570,010 | 530,217 | 456,565 | 349,990 | 250,019 | 128,984 | 148,131 | 107,315 | 107,315 | 94,554 | 54,801 | - | 1,854 | |
14 |
- | - | - | - | - | - | - | - | -26,828 | - | - | - | -11,424 | - | |
17/49 |
118,565 | 199,876 | 262,535 | 293,512 | 396,208 | 398,770 | 441,984 | 388,164 | 92,071 | 147,994 | 81,697 | 41,310 | 84,910 | 193,087 | |
17 |
52,069 | 101,144 | 165,993 | 203,386 | 257,016 | 285,261 | 328,448 | 314,858 | 53,843 | 67,128 | 61,193 | - | 27,443 | 11,117 | |
170/4 |
52,069 | 101,144 | 165,993 | 203,386 | 257,016 | 269,261 | 312,448 | 298,858 | 53,843 | 67,128 | 61,193 | - | 27,443 | 11,117 | |
178/9 |
- | - | - | - | - | 16,000 | 16,000 | 16,000 | - | - | - | - | - | - | |
42/48 |
66,496 | 98,733 | 96,543 | 86,959 | 139,191 | 109,521 | 113,087 | 73,013 | 38,228 | 80,867 | 20,504 | 41,310 | 57,467 | 181,970 | |
42 |
49,074 | 64,849 | 63,799 | 53,630 | 53,016 | 43,187 | 42,713 | 36,068 | 13,285 | 12,984 | 6,251 | 27,443 | 37,945 | 8,600 | |
43 |
- | - | - | - | - | - | - | - | 5 | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | 5 | - | - | - | - | - | |
44 |
1,223 | 184 | 2,087 | 2,272 | 6,135 | 958 | 4,773 | 30,745 | 2,698 | - | 1,038 | 855 | 3,466 | 260 | |
440/4 |
1,223 | 184 | 2,087 | 2,272 | 6,135 | 958 | 4,773 | 30,745 | 2,698 | - | 1,038 | 855 | 3,466 | 260 | |
45 |
5,500 | 16,500 | 28,797 | 18,297 | 35,194 | 19,875 | 10,800 | 5,400 | 11,091 | 12,133 | 13,215 | 13,005 | 15,000 | 63,111 | |
450/3 |
5,500 | 16,500 | 28,797 | 18,297 | 35,194 | 19,875 | 10,800 | 5,400 | 11,091 | 12,133 | 13,215 | 13,005 | 15,000 | 63,111 | |
47/48 |
10,699 | 17,200 | 1,860 | 12,761 | 44,847 | 45,501 | 54,801 | 800 | 11,150 | 55,750 | - | 7 | 1,057 | 110,000 | |
492/3 |
- | - | - | 3,167 | - | 3,988 | 450 | 293 | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
76A |
- | - | - | - | 12,000 | - | - | - | - | - | - | - | - | - | |
9900 |
89,892 | 122,826 | 142,655 | 204,512 | 289,182 | 195,243 | 66,627 | 69,905 | -16,295 | 101,553 | 81,725 | 128,318 | -4,090 | 181,831 | |
630 |
34,493 | 33,391 | 30,282 | 27,549 | 18,517 | 20,793 | 21,113 | 17,651 | 7,206 | 6,423 | 5,860 | 6,922 | 6,922 | 6,647 | |
640/8 |
2,826 | 3,203 | 2,594 | 1,192 | 6,013 | 888 | 1,006 | 1,761 | 947 | 1,879 | 10,894 | 824 | 611 | 1,235 | |
66A |
- | - | - | - | 59,699 | - | - | - | - | - | - | - | - | - | |
9901 |
52,573 | 86,232 | 109,779 | 175,770 | 204,953 | 173,563 | 44,509 | 50,494 | -24,448 | 93,252 | 64,972 | 120,571 | -11,624 | 173,949 | |
75/76B |
139 | 1 | 2 | 1 | 15 | 0 | 20 | - | 307 | 3,624 | 162 | 186 | 31 | 1 | |
75 |
139 | 1 | 2 | 1 | 15 | 0 | 20 | - | 307 | 709 | 162 | 186 | 31 | 1 | |
76B |
- | - | - | - | - | - | - | - | - | 2,915 | - | - | - | - | |
65/66B |
2,478 | 3,554 | 4,141 | 4,138 | 4,924 | 4,653 | 5,103 | 7,594 | 2,396 | 2,430 | 1,860 | 2,772 | 1,603 | 875 | |
65 |
2,478 | 3,554 | 4,141 | 4,138 | 4,924 | 4,653 | 5,103 | 7,594 | 2,396 | 2,430 | 1,860 | 2,772 | 1,603 | 875 | |
9903 |
50,234 | 82,679 | 105,641 | 171,632 | 200,044 | 168,910 | 39,426 | 42,900 | -26,537 | 94,446 | 63,274 | 117,986 | -13,196 | 173,075 | |
67/77 |
16,453 | 25,686 | 31,988 | 52,297 | 60,319 | 47,875 | 3,772 | 11,957 | 291 | 7,185 | 23,520 | 33,011 | 82 | 59,361 | |
9904 |
33,781 | 56,993 | 73,652 | 119,336 | 139,724 | 121,035 | 35,654 | 30,943 | -26,828 | 87,261 | 39,754 | 84,975 | -13,278 | 113,714 | |
789 |
- | - | - | - | - | - | - | 37,500 | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | 18,750 | - | 18,750 | - | - | |
9905 |
33,781 | 56,993 | 73,652 | 119,336 | 139,724 | 121,035 | 35,654 | 68,443 | -26,828 | 68,511 | 39,754 | 66,225 | -13,278 | 113,714 | |
| Appropriation of the result | |||||||||||||||
9906 |
33,781 | 56,993 | 73,652 | 119,336 | 139,724 | 121,035 | 35,654 | 41,616 | -26,828 | 68,511 | 39,754 | 54,801 | -13,278 | 113,714 | |
791/2 |
10,500 | 17,200 | 1,860 | 12,761 | 39,754 | - | 54,801 | - | - | - | - | - | 1,854 | - | |
691/2 |
33,781 | 56,993 | 73,652 | 119,336 | 139,724 | 121,035 | 35,654 | 40,816 | - | 12,761 | 39,754 | 54,801 | - | 3,714 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
33,781 | 56,993 | 73,652 | 119,336 | 139,724 | 121,035 | 35,654 | 40,816 | - | 12,761 | 39,754 | 54,801 | - | 1,854 | |
694/7 |
10,500 | 17,200 | 1,860 | 12,761 | 39,754 | - | 54,801 | 800 | - | 55,750 | - | - | - | 110,000 | |
694 |
10,500 | 17,200 | 1,860 | 12,761 | 39,754 | - | 54,801 | 800 | - | - | - | - | - | 110,000 | |
695 |
- | - | - | - | - | - | - | - | - | 55,750 | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 13-07-2026 | 2026-00296837 | |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00255672 | |
| 31-12-2023 | micro format | 24-07-2024 | 2024-00282792 | |
| 31-12-2022 | micro format | 26-07-2023 | 2023-00280821 | |
| 31-12-2021 | micro format | 14-07-2022 | 2022-20192379 | |
| 31-12-2020 | micro format | 16-07-2021 | 2021-36700389 | |
| 31-12-2019 | micro format | 14-09-2020 | 2020-53800139 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-51300197 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-58100237 | |
| 31-12-2016 | micro format | 22-08-2017 | 2017-47200317 | |
| 31-12-2015 | full format | 08-07-2016 | 2016-29600504 | |
| 31-12-2014 | full format | 28-08-2015 | 2015-51600293 | |
| 31-12-2013 | full format | 18-08-2014 | 2014-43400209 | |
| 31-12-2012 | full format | 20-08-2013 | 2013-44400001 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 87,066 | 119,623 | 140,061 | 203,319 | 223,470 | 194,355 | 65,622 | 68,144 | -17,242 | 99,674 | 70,832 | 127,493 | -4,702 | 180,597 | ||
| 68,274 | 90,384 | 103,934 | 146,885 | 158,241 | 141,827 | 56,767 | 48,594 | -19,622 | 93,684 | 45,614 | 91,897 | -6,356 | 120,361 | ||
| 2,208 | 15,786 | 35,732 | 0 | 61,128 | 5,976 | 80,862 | 313,111 | 2,348 | 30,348 | 71,050 | 0 | 2,749 | 31,112 | ||
| -17,185 | 51,482 | 21,761 | -12,141 | 29,905 | 62,767 | -35,611 | 36,722 | -69,229 | 74,040 | -5,732 | 10,208 | -86,174 | - | ||
| 242,304 | 235,813 | 243,264 | 229,882 | 146,221 | 121,094 | 24,891 | 90,040 | 94,050 | 129,304 | 110,198 | 74,441 | 9,987 | 2,767 | ||
| 83.3% | 74.0% | 66.9% | 61.6% | 47.9% | 39.9% | 24.5% | 29.5% | 59.0% | 51.8% | 61.0% | 68.0% | 3.2% | 7.7% | ||
| 4.64 | 3.39 | 3.52 | 3.64 | 2.05 | 2.11 | 1.22 | 2.23 | 3.46 | 2.60 | 6.37 | 2.80 | 1.17 | 1.02 | ||
| 0.20 | 0.35 | 0.50 | 0.62 | 1.09 | 1.51 | 3.09 | 2.39 | 0.70 | 0.93 | 0.64 | 0.47 | 29.94 | 11.98 | ||
| 5.7% | 10.0% | 13.9% | 25.3% | 38.4% | 45.8% | 24.9% | 19.1% | -20.3% | 54.9% | 31.2% | 96.8% | -468.2% | 705.7% | ||
| 4.7% | 7.4% | 9.3% | 15.6% | 18.4% | 18.3% | 6.1% | 5.6% | -12.0% | 28.4% | 19.0% | 65.8% | -15.1% | 54.4% | ||
| 35.13 | 33.66 | 33.83 | 49.13 | 45.39 | - | - | - | - | - | - | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,208 | €15,786 | €35,732 | - | €61,128 |
| €34,493 | €33,391 | €30,282 | €27,549 | €18,517 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 39% lower than in 2024 and the lowest since 2019. It is the fourth fall in a row.
Debt's share of the balance-sheet total falls from 26.0% to 16.7%. Equity is higher and debt is lower.
DEVGYN has no parent and no holdings in its annual accounts. is the only director. DEVGYN shares no director with another company.
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 |
|---|---|---|
| Rue de Perwez, Gd-L. 101 registered office 5031 Gembloux | ||
| La Ridale Rue du Chainia, Meux 96, 5081 La Bruyère 86220 Specialist medical practice | 01-01-2023 | 2.339.652.767 |
| Archives Impasse de la Drenck,Warnach 98, 6637 Fauvillers 86220 Specialist medical practice | 01-07-2026 | 2.393.543.195 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 92056A0252/00K000 | 2,685 m² | 1 · 212 m² | 9.7 m · 2 |
| 92088C0205/00P004 | 1,499 m² | 1 · 208 m² | 8.8 m · 2 |
| 82030D1263/00F000 | 244 m² | 1 · 147 m² | 9.6 m · 2 |
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