DeVi-Projects

Active

Private limited companyfounded 200521 yrs activeWindmolenstraat(HA) 13, 9450 Haaltert, BelgiumKBO/BCE: BE 0874.858.638

Summary

DeVi-Projects has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €39k and a net result of €20k. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 56% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

75 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability94▲+92

Solvency71▲+14

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2.5k at 30 days acceptable

Liquidity ample (current ratio 2.09 against 1.6 in 2023; short-term debt: 46.6% of total assets), but 53.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

46.4%

Return on assets

24%

Age of the figures

21 mo

Growing equity

Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €39k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

45 d early

2023

61 d early

2022

32 d early

2021

54 d early

2020

156 d early

2019

42 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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 2024, micro schema

Equity

€39k▲ 107%

2023 · €19k

2018: €45k 2019: €45k 2020: €62k 2021: €62k 2022: €27k 2023: €19k

2018 → 2024

Total assets

€84k▲ 42.2%

2023 · €59k

2018: €80k 2019: €84k 2020: €90k 2021: €107k 2022: €71k 2023: €59k

2018 → 2024

Net result

€20k

2023 · €-8k

2018: €935 2019: €-51 2020: €17k 2021: €-73 2022: €-35k 2023: €-8k

2018 → 2024

Working capital

€43k▲ 92.4%

2023 · €22k

2018: €42k 2019: €46k 2020: €64k 2021: €64k 2022: €30k 2023: €22k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€62k-€62k▼ 0.1%€27k▼ 57.1%€19k▼ 29.3%€39k▲ 107%

Operating result€20k-€-2k€-36k▼ 1,857%€-7k▲ 81.6%€20k

Net result€17k-€-73€-35k▼ 48,392%€-8k▲ 78.0%€20k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €20k after a loss of €7k in 2023, the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €84k

97.6%

Fixed assets €2k ▲ 4,286%

Current assets €82k ▲ 38.9%

Equity and liabilities €84k

46.4%

53.6%

Equity €39k ▲ 107%

Debt €45k ▲ 11.7%

Debt's share of the balance-sheet total falls from 68.1% to 53.6%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€21k▲

2023 · €-6k

Cash flow

€21k▲

2023 · €-7k

Current ratio

2.09▲

2023 · 1.60

Debt to equity

1.15▼

2023 · 2.14

ROE

51.7%▲

2023 · -41.4%

ROA

24.0%▲

2023 · -13.2%

Interest coverage

5.38▲

2023 · -1.64

Debt ≤ 1 year

€39k▲

2023 · €37k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines

Balance sheet Code20232024

Assets

Total assets20/58€59k€84k▲

Fixed assets21/28€46€2k▲

Tangible fixed assets22/27€46€2k▲

Plant, machinery and equipment23€46€2k▲

Current assets29/58€59k€82k▲

Amounts receivable within one year40/41€59k€82k▲

Trade receivables40€8k€9k▲

Other amounts receivable41€50k€73k▲

Deferred charges and accrued income490/1€519€516▼

Equity and liabilities

Total equity and liabilities10/49€59k€84k▲

Equity10/15€19k€39k▲

Contributions10/11€19k€19k=

Reserves13€30k€30k=

Distributable reserves133€30k€30k=

Profit (loss) carried forward14€-30k€-10k▲

Amounts payable17/49€40k€45k▲

Amounts payable within one year42/48€37k€39k▲

Financial debts43€28k€31k▲

Credit institutions430/8€28k€31k▲

Trade debts44€1k€86▼

Suppliers440/4€1k€86▼

Taxes, remuneration and social security45€7k€9k▲

Taxes450/3€6k€7k▲

Remuneration and social security454/9€2k€2k▲

Accrued charges and deferred income492/3€3k€6k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€309€608▲

Other operating charges640/8€754€2k▲

Gross operating margin9900€-6k€23k▲

Operating profit (loss)9901€-7k€20k▲

Financial income75/76B€3k€4k▲

Recurring financial income75€3k€4k▲

Financial charges65/66B€4k€4k▲

Recurring financial charges65€4k€4k▲

Profit (loss) for the period before taxes9903€-8k€20k▲

Profit (loss) for the period9904€-8k€20k▲

Profit (loss) for the period to be appropriated9905€-8k€20k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-30k€-10k▲

Profit (loss) brought forward from the previous period14P€-22k€-30k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

16-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €20k

Net result €20k after 3 loss-making years.

31-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

29-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Weakest financial yearnet €-35k

Net result drops to €-35k, the lowest in the series; recovery starts the following year.

07-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

25-02

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €17k

Net result €17k after one loss-making year.

19-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

21-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

14-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

21-06

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

08-07

NBB filing Annual accounts filed

fiscal year 2015 · 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, Haaltert · 1 establishment unit since 2005

seat establishment The establishment unit on the map

Ground area

950 m²

Building footprint

547 m²

Volume, LiDAR

2,918 m³

Parcel 41024B0630/00X000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

DeVi-Projects

Windmolenstraat(HA) 13, 9450 HaaltertNACE 51180

since 20052.148.478.536

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41024B0630/00X000	Flanders	950 m²	1 · 547 m²	11.2 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

2023 · 1 entry · 299 EUR awarded

Year	Entries	awarded	paid
2023	1	299 EUR	0 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 299 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

2BO

BE 0810.792.514

Waterloo · Eq €39,074

EDV Consultancy

BE 0791.404.291

Stabroek · Eq €38,806

SOBELMA

BE 0474.001.287

Anderlecht · Eq €39,306

Chaudfontaine · Eq €39,515

Of 4,418 companies in sector 46180 we hold annual accounts for 1,885. 1,323 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded05-07-2005

Fiscal year end31-12

Activities, NACEBEL 2025

46180Agents specialised in the wholesale of other particular products

Sources

Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

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