Turnover
≈ €1.0m estimated
The abbreviated format states no turnover.
DEVHO
Overview
Lifetime
1 annual account with figurespeak €182,576 (2025)
€182,576
peak €38,034 (2025)
€38,034
peak €138,054 (2025)
€138,054
€716,566
peak 2.2 FTE (2025)
2.2 FTE
Board2 names since 2024
2 directorsDEVECI Osman and 1 other
Documentsfilings and deeds
20-08-202620 days late
2025abbreviated format
First year with figures
Key points
from the 2025 annual accountsDebts
€716,566 84% of the balance sheet
Financial debts 35%Suppliers 57%Taxes and wages 4%Other 4%
Of this, €582,894 falls due within a year.
Starting capital
€100,020
2025 accounts filed 20 days after the deadline
Checked score
65
Healthy
Financially stronger than 33% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2025: 1.8%
07-2025: 1.8%● unchanged vs 06-2025
08-2025: 1.9%▲ +0.1 percentage points vs 07-2025
09-2025: 2.2%▲ +0.3 percentage points vs 08-2025
10-2025: 2.3%▲ +0.1 percentage points vs 09-2025
11-2025: 2.6%▲ +0.3 percentage points vs 10-2025
12-2025: 2.6%● unchanged vs 11-2025
01-2026: 2.9%▲ +0.3 percentage points vs 12-2025
02-2026: 2.9%● unchanged vs 01-2026
03-2026: 2.8%▼ -0.1 percentage points vs 02-2026
04-2026: 3.0%▲ +0.2 percentage points vs 03-2026
05-2026: 3.2%▲ +0.2 percentage points vs 04-2026
06-2026: 3.2%● unchanged vs 05-2026highest value
07-2026: 3.2%● unchanged vs 06-2026highest value
08-2026: 3.2%● unchanged vs 07-2026highest value
09-2026: 1.1%▼ -2.1 percentage points vs 08-2026lowest value
10-2026: 1.1%● unchanged vs 09-2026lowest value
11-2026: 1.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Equity €138,054 (16.2% of total assets)
lowers risk
Size: 2.2 FTE, total assets €854,620
Figures for financial year 2025 (filed on 25-08-2026)
Calculation
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 47, micro). It does better than 32% of them on solvency, 24% on liquidity and 43% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 2,542 companies had the same profile as DEVHO has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEVHO itself: 1.1% within 12 months.
Test of the method
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 2,542 companies, not a prediction for DEVHO. 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.
Credit verdict
Credit of up to €8,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is tight, with a current ratio of 1.19, below the usual 1.5. Short-term debt is 68.2% and cash 10.6% of total assets. 83.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
20 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- DEVECI Osman founderdeed of 29-05-2024
- DEVECI Zeliha founderdeed of 29-05-2024
- HORUZ Meral founderdeed of 29-05-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1009729616
Incorporation
Founding capital of €100,020 · Founders: DEVECI Osman, DEVECI Zeliha, HORUZ Meral and 1 other · Appointments: DEVECI Osman (director) and HORUZ Ibrahim (director) · published on 29-05-2024 · Gazette deed
First establishment
Siestaa, Boomse Steenweg 38, Schelle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEVHO Schelle | €854,620 | €182,576 | 16.2% | 2.2 |
| Sleep Inn Zottegem | €531,655 | €231,247 | -4.7% | 5.8 |
| FASHION INDUSTRY Ghent | €650,235 | €240,603 | 18.3% | - |
| KSK Slaapcomfort Dilsen-Stokkem | €365,654 | €209,935 | 35.3% | - |
| Scharlaeken Bruges | €228,165 | €82,138 | 19.9% | - |
| RETAQ Maasmechelen | €245,037 | €132,712 | 8.4% | - |
| Tilkiway Drogenbos | €381,414 | €34,883 | 2.5% | - |
These companies have the same main activity as DEVHO: retail sale of household textiles and bedding (NACE 47512). They are comparable in size and age: total assets between €228,000 and €650,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 27-05-2024Normal situation
- Activity
- Retail sale of household textiles and beddingNACE 47512and 5 others
- Joint committees
- 201Independent retail
- 100Auxiliary committee for blue-collar workers · annual accounts 2025
- Establishment unit
- 2.360.519.3482627 Schelle, since 27-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 09-11-2026
Annual accounts 2025
- €182,576
- €38,034
- €138,054
- €854,620
- Employeeson 31-12-2025
- 4
- Filing
- Filed on 20-08-2026
Insights on DEVHO
DEVHO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,054 and a net result of €38,034.
Its solvency ranks better than 27% of 12,856 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 20-08-2026, 20 days late€182,576
€70,452
€38,034
€111,261
16.2%
1.19
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.0m. Estimated: probably between €800,000 and €1.6m.
Balance sheet
balance sheet total €854,620 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
16.2%
Higher than 27% of 12,856 companies in 2025.
1.19
Higher than 36% of 12,646 companies in 2025.
4.5%
Higher than 50% of 12,719 companies in 2025.
DEVHO
Middle half of the sector
80% of the sector
Abbreviated accounts in retail trade (NACE 47)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff
€36,373
Staff costs divided by the average number of full-time equivalents.
+2 people
people who joined
people who left
In 2025, 2 people joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
854,620 | |
21/28 |
160,465 | |
22/27 |
160,465 | |
23 |
6,275 | |
25 |
51,994 | |
26 |
102,197 | |
29/58 |
694,155 | |
29 |
215,000 | |
291 |
215,000 | |
3 |
184,744 | |
30/36 |
184,744 | |
40/41 |
199,093 | |
40 |
178,910 | |
41 |
20,184 | |
50/53 |
3,217 | |
54/58 |
90,656 | |
490/1 |
1,445 | |
| Balance sheet: equity and liabilities | ||
10/49 |
854,620 | |
10/15 |
138,054 | |
10/11 |
100,020 | |
13 |
38,034 | |
133 |
38,034 | |
17/49 |
716,566 | |
17 |
133,385 | |
170/4 |
133,385 | |
42/48 |
582,894 | |
42 |
28,392 | |
43 |
119,053 | |
430/8 |
119,053 | |
44 |
405,776 | |
440/4 |
405,776 | |
45 |
28,095 | |
450/3 |
20,288 | |
454/9 |
7,807 | |
47/48 |
1,577 | |
492/3 |
288 | |
| Income statement | ||
9900 |
182,576 | |
62 |
80,020 | |
630 |
24,452 | |
640/8 |
7,652 | |
9901 |
70,452 | |
75/76B |
671 | |
75 |
671 | |
65/66B |
21,389 | |
65 |
21,389 | |
9903 |
49,734 | |
67/77 |
11,700 | |
9904 |
38,034 | |
9905 |
38,034 | |
| Appropriation of the result | ||
9906 |
38,034 | |
691/2 |
38,034 | |
6921 |
38,034 | |
| Social balance sheet | ||
9087 |
2.2 | |
Hours worked1013 |
3,888 | |
| Document | ||
The notes to these accounts have 12 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 20-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 20 days after the deadline. Filed on 20 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00419183.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 20-08-2026 | 2026-00419183 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 94,904 | ||
| 62,486 | ||
| 184,917 | ||
| 111,261 | ||
| 16.2% | ||
| 1.19 | ||
| 0.87 | ||
| 5.19 | ||
| 27.6% | ||
| 4.5% | ||
| 4.44 |
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.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 4 |
| full-time | 2 |
| part-time | 2 |
| in full-time equivalents | 3.2 |
| 2.2 | |
| On a permanent contract | 4 |
| Joined | 2 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €184,917 |
| €24,452 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on DEVHO
Debt's share of the balance-sheet total is 83.8%.
Board & ownership
Board
2 directors, since incorporationDirector
since 27-05-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 20-08-2026
Director
since 27-05-2024
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 20-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “7. Bepalingen inzake de externe vertegenwoordiging: De vennootschap is verbonden door de handelingen van het bestuursorgaan en van de…”deed of 29-05-2024
Mandates through the years
2 names, the dashed line is todayDEVECI Osman
Director
Director
HORUZ Ibrahim
Director
Director
Board
Mandates as a list
- DEVECI Osman
- Director, from 27-05-2024 to date
- HORUZ Ibrahim
- Director, from 27-05-2024 to date
Control
This company
DEVHO
Equity €138,054
Profit €38,034 in 2025
Capital
- Contribution
- €100,020
- Source
- deed of 29-05-2024
Articles of association
deed of 29-05-2024 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 19:00
Founders
At incorporation
deed of 29-05-2024 ↗
- DEVECI Osman founder
- DEVECI Zeliha founder
- HORUZ Meral founder
- HORUZ Ibrahim founder
Network & group
No group
DEVHO has no parent and no holdings in its annual accounts.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
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Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:1009729616
Annual accounts 2025 filed NBBabbreviated format · 20 days late
2024
IncorporationFounding capital of €100,020 · Founders: DEVECI Osman, DEVECI Zeliha, HORUZ Meral and 1 other · Appointments: DEVECI Osman (director) and HORUZ Ibrahim (director) · published on 29-05-20247 points ▸
- Founder, DEVECI Osman
- Founder, DEVECI Zeliha
- Founder, HORUZ Meral
- Founder, HORUZ Ibrahim
- Director appointment, DEVECI Osman
- Director appointment, HORUZ Ibrahim
- Founding capital, €100,020
- The deed holds 1 more point.
First establishment Siestaa, Boomse Steenweg 38, Schelle
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1009.729.616
- VAT number
- BE 1009.729.616
- Peppol ID
- 0208:1009729616
- Other Peppol ID
- 9925:BE1009729616
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 27-05-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 19:00deed of 29-05-2024 (in Dutch)
- Peppol
- Reachable since 09-11-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- DEVHO in Dutch
- Name in the Peppol Directory
- Siestaa Schelle
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Boomsesteenweg 38, 2627 Schelle”deed of 29-05-2024 (in Dutch)
Activities
NACEBEL 2025VAT activities
47512
Retail sale of household textiles and bedding main activity
46480
Wholesale trade
47553
Retail trade
Social security (RSZ) activities
47551
Retail sale of household furniture main activity
Joint committees annual accounts 2025
JC 201
Independent retail
JC 100
Auxiliary committee for blue-collar workers
Codes under NACEBEL 2008
VAT activities
47512
Retail trade main activity
46412
Wholesale of household textiles and bedding
46480
Wholesale trade
46494
Wholesale of non-electrical household articles
47591
Retail trade
47593
Retail trade
Social security (RSZ) activities
47591
Retail trade main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle meubels van ongeacht welk materiaal (onder meer in hout, metaal, bamboe, rotan, textiel of kunststof), waaronder onder meer maar niet…”deed of 29-05-2024 (in Dutch)
9 activities
- Alle meubels van ongeacht welk materiaal (onder meer in hout, metaal, bamboe, rotan, textiel of kunststof), waaronder onder meer maar niet uitsluitend stoelen en zitmeubels, kantoor- en winkelmeubels, keuken- en badkamermeubels, eetkamer-, zitkamer- en slaapkamermeubels, tuin- en terrasmeubels en overige meubels, evenals alle onderdelen van meubels;
- Alle artikelen voor verlichting (zowel binnen als buiten) en decoratie;
- Alle artikelen voor woninginrichting, waaronder onder meer maar niet uitsluitend huishoudartikelen in textiel, artikelen in hout, kurk en vlechtwerk, porselein, glaswerk, kristal en aardewerk, houtsnijwerk, rietwerk, ijzer-, koper, zilver- en goudwerk, kunstvoorwerpen, antiquiteiten, schilderijen, gravures, beelden, kaarsen, snuisterijen, allerhande geschenken met betrekking tot woninginrichting en overige interieurartikels;
- Alle textielproducten, ongeacht de aard van de vezel, voor woninginrichting waaronder onder meer maar niet uitsluitend meubileringstoffen, huishoud, tafel- en bedlinnen, breigoed, merceriewaren, passement, borduurwerk en kant, allerhande stoffen, gordijnen, stores, raamdecoraties, behang, vasttapijt en andere vloerbekleding;
- Alle toebehoren en onderdelen in alle soorten materialen van voormelde artikelen en producten;
- Het laten uitvoeren en de coördinatie van alle werkzaamheden uitgevoerd door aannemers, eventueel in coördinatie met onderaannemers, van alle binnenhuisinrichtingswerkzaamheden, waaronder onder meer maar niet uitsluitend behang- en schilderwerken, alle decoratie en garnieringswerken, renovatiewerken, het plaatsen van raamdecoratie, het leggen van vloeren en het plaatsen van wand- en vloerbekledingen.
- Het ontwikkelen, concipiëren, vervaardigen en laten vervaardigen van allerhande designvoorwerpen, zowel siervoorwerpen als gebruiksvoorwerpen, alsook van nieuwe vormen en stijlen, nieuwe objecten en producten.
- De coördinatie van alle mogelijke bouwwerkzaamheden en restauratiewerkzaamheden zoals onder meer schilder- en behangwerken, timmer- en schrijnwerken, vloerbedekking en muurbekleding.
- De uitbating van een uitgeverij, omvattende de productie en exploitatie van alle grafische producten en onder meer van boeken, kranten, tijdschriften evenals van losse publicaties zonder dat deze opsomming beperkend is.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Siestaa registered office Boomse Steenweg 38, 2627 Schelle | 27-05-2024 | 2.360.519.348 |
Buildings and parcels at the address
- Ground area
- 2,981 m²
- Buildings
- 1,041 m²
- Volume, LiDAR
- 5,990 m³
- Tallest building
- 26.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11038C0339/00C000 | 2,981 m² | 1 · 1,041 m² | 26.3 m · 2 |