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DEVIAENE NICOLAS

Active
Private limited companyfounded 2024active for 1 yearChaussée Romaine(ER) 134, 7500 Tournai, BelgiumKBO/BCE: BE 1017.208.118
Summary

DEVIAENE NICOLAS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,824 and a net result of €43,824. Its solvency ranks better than 65% of 1,682 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Financials · financial year 2025, micro format

Turnover
≈ €200,000
Estimated: probably between €130,000 and €350,000
Total assets
€79,898
Net result
€43,824
Working capital
€32,055

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €79,898
Fixed assets €14,769
Current assets €65,129
Equity and liabilities €79,898
Equity €46,824
Debt €33,074
Debt finances 41.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€65,766
Cash flow
€45,567
Current ratio
1.97
Debt to equity
0.71
ROE
93.6%
ROA
54.8%
Interest coverage
over 100
Debt ≤ 1 year
€33,074
Income taxes
€20,596

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€79,898
Fixed assets21/28€14,769
Tangible fixed assets22/27€14,769
Plant, machinery and equipment23€13,477
Furniture and vehicles24€1,291
Current assets29/58€65,129
Amounts receivable within one year40/41€49,290
Trade receivables40€30,027
Other amounts receivable41€19,263
Cash at bank and in hand54/58€15,720
Deferred charges and accrued income490/1€119
Equity and liabilities
Total equity and liabilities10/49€79,898
Equity10/15€46,824
Contributions10/11€3,000
Reserves13€43,824
Distributable reserves133€43,824
Amounts payable17/49€33,074
Amounts payable within one year42/48€33,074
Trade debts44€25,178
Suppliers440/4€25,178
Taxes, remuneration and social security45€7,896
Taxes450/3€5,596
Remuneration and social security454/9€2,300
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,744
Other operating charges640/8€1,847
Gross operating margin9900€67,613
Operating profit (loss)9901€64,023
Financial income75/76B€457
Recurring financial income75€457
Financial charges65/66B€60
Recurring financial charges65€60
Profit (loss) for the period before taxes9903€64,420
Income taxes67/77€20,596
Profit (loss) for the period9904€43,824
Profit (loss) for the period to be appropriated9905€43,824
Appropriation of the result
Profit (loss) to be appropriated9906€43,824
Transfer to equity691/2€43,824
To other reserves6921€43,824

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,744
Other operating charges640/8€1,847
Gross operating margin9900€67,613
Operating profit (loss)9901€64,023
Financial income75/76B€457
Recurring financial income75€457
Financial charges65/66B€60
Recurring financial charges65€60
Profit (loss) for the period before taxes9903€64,420
Income taxes67/77€20,596
Profit (loss) for the period9904€43,824
Profit (loss) for the period to be appropriated9905€43,824
Line2025
Assets
Total assets20/58€79,898
Fixed assets21/28€14,769
Tangible fixed assets22/27€14,769
Plant, machinery and equipment23€13,477
Furniture and vehicles24€1,291
Current assets29/58€65,129
Amounts receivable within one year40/41€49,290
Trade receivables40€30,027
Other amounts receivable41€19,263
Cash at bank and in hand54/58€15,720
Deferred charges and accrued income490/1€119
Equity and liabilities
Total equity and liabilities10/49€79,898
Equity10/15€46,824
Contributions10/11€3,000
Reserves13€43,824
Distributable reserves133€43,824
Amounts payable17/49€33,074
Amounts payable within one year42/48€33,074
Trade debts44€25,178
Suppliers440/4€25,178
Taxes, remuneration and social security45€7,896
Taxes450/3€5,596
Remuneration and social security454/9€2,300
Line2025
Profit (loss) for the period9904€43,824
+ Depreciation and write-downs630€1,744
Operating cash flow (approximation)€45,567

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

Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2025 micro format 03-04-2026 2026-00072489

Similar companies · same sector, comparable size

Of the 636 active companies whose main activity is repair and maintenance of electrical equipment (NACE 33140), figures are known for 205. 168 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.