Checked.be
Active
BE 0560.690.088Private limited company
DEVICE BUILD
Kasteelstraat 27 ·9870 Zulte, Belgium· 12 yrs active
Sector: General electrical installation work
(43211)
Conclusion
DEVICE BUILD has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €4k. The computed 12-month bankruptcy probability is 1.0% (low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €61k |
| Net result | €4k |
| Active | 12 yrs |
| Board | 1 |
Financial profile
73
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
91
Profitability
30
Solvency
87
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2014, 12 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
91
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-04-2026 with the NBB · fiscal year 2025 · micro schema
€599k
-
24-25
€20k
+1.5%
24-25
€4k
+71.0%
24-25
€15k
+15.9%
24-25
€112k
-3.6%
24-25
€61k
-37.5%
24-25
€29k
-55.2%
24-25
€5k
+79.7%
24-25
€40k
-33.3%
24-25
€51k
+170.7%
24-25
€51k
+170.7%
24-25
1.57
-64.7%
24-25
1.57
-59.8%
24-25
54.3%
-35.2%
24-25
0.84
+333.2%
24-25
6.0%
+173.7%
24-25
3.3%
+77.5%
24-25
0.4%
-
24-25
3.3%
-
24-25
25.37
+434.5%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €20k |
| Net profit | €4k |
| Cash flow | €15k |
| Staff costs | - |
| Income taxes | €5k |
| Dividends | €40k |
| Total assets | €112k |
| Equity | €61k |
| Debt | €51k |
| of which ≤ 1y | €51k |
| of which > 1y | - |
| Working capital | €29k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.57 |
| Quick ratio | 1.57 |
| Working capital ratio | 26.1% |
| Solvency | 54.3% |
| Debt / equity | 0.84 |
| Long-term debt ratio | - |
| Interest coverage | 25.37 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.3% |
| ROE | 6.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €112k |
| Fixed assets | 21/28 | €31k |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €31k |
| Financial fixed assets | 28 | €25 |
| Current assets | 29/58 | €80k |
| Amounts receivable within one year | 40/41 | €36k |
| Cash & bank | 54/58 | €44k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €112k |
| Equity | 10/15 | €61k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €32k |
| Accumulated profits (losses) | 14 | €8k |
| Amounts payable | 17/49 | €51k |
| Amounts payable within one year | 42/48 | €51k |
| Trade debts payable within one year | 44 | €19k |
| Income statement | ||
| Gross operating margin | 9900 | €21k |
| Operating result | 9901 | €8k |
| Financial income | 75 | €708 |
| Financial charges | 65 | €784 |
| Result before taxes | 9903 | €8k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
Directors & mandates
Current directors & mandates
-
Device Invest BVLegal entityDirectorState Gazette act 25124402 (02-10-2025)Current01-04-2025 → present
Former directors (1)
-
Declercq CederikDirectorState Gazette act 25124402 (02-10-2025)Former- → 01-04-2025
Legal Structure
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 20-08-2014 |
| Status | Active |
| Postal code | 9870 |
Establishment units
De-Vice Build
since 20142.236.222.063
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050A0362/00A000 | Flanders | 944 m² | 1 · 155 m² | - |
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.
Updates
2026
29-04-2026 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-10-2025 State Gazette act Director changes
No further detail in the source.
28-04-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
03-04-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
05-10-2023 State Gazette act Capital & shares
Geraldine Van den Weghe
31-03-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-04-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04-2019 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-05-2018 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03-2017 NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Belgian State Gazette reading coverage
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.
Belgisch Staatsblad, acts
Capital history · 1
05-10-2023
Capital change
All acts · 2
updated 11 months ago
2025
02-10-2025 1 director appointed, 1 resigning
- Device Invest BV, Bestuurder
- Declercq Cederik, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Declercq Cederik",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2025-04-01",
"evidence_quote": "De bijzondere algemene vergadering beslist met eenparigheid van stemmen het ontslag als bestuurder te aanvaarden met ingang vanaf 01/04/2025 van de heer Declercq Cederik. Kwijting wordt hem verleend voor de uitoefening van zijn mandaat tot op heden.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": null,
"name": "Device Invest BV",
"address": null,
"country": null,
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": "2025-04-01",
"evidence_quote": "Daaropvolgend wordt beslist om Device Invest BV, vast vertegenwoordigd door Declercq Cederik, te benoemen tot bestuurder met ingang vanaf 01/04/2025. De bestuurder aanvaardt bij deze zijn mandaat.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-10-02",
"filing_date": "2025-04-01",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2025-04-01",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0560.690.088",
"name_full": "DEVICE BUILD",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Device Invest BV",
"person_name": null,
"org_rep_person_name": "Declercq Cederik",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}2023
05-10-2023 Capital decrease of €21,744.29 to €0
- €21.744,29 → €0
- 3 kapitaalbewegingen in deze akte
Notary:
Geraldine Van den Weghe · ZulteFirm:
Van den Weghe & Ghyselinck, geassocieerde notarissen
Technical details
{
"events": [
{
"kind": "eenhoofdigheid_declaration",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "share_class_creation",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "DECLERCQ Cederik",
"share_class": "A",
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 100,
"contribution_amount_eur": null
},
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "DECLERCQ Cederik",
"share_class": "B",
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 100,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "capital_increase",
"after_eur": 27500.0,
"delta_eur": 7500.0,
"before_eur": 20000.0,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Declercq Cederik",
"share_class": null,
"liberation_pct": 100.0,
"contribution_kind": "geld",
"n_shares_subscribed": null,
"contribution_amount_eur": 7500.0
}
],
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": "geld",
"paid_up_delta_eur": 7500.0,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
},
{
"kind": "statutory_reserve_release",
"after_eur": 0.0,
"delta_eur": -21744.29,
"before_eur": 21744.29,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "convert_to_distributable"
},
{
"kind": "statutory_reserve_release",
"after_eur": 0.0,
"delta_eur": -20000.0,
"before_eur": 20000.0,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "convert_to_distributable"
}
],
"notary": {
"name": "Geraldine Van den Weghe",
"firm_city": null,
"firm_name": "Van den Weghe \u0026 Ghyselinck, geassocieerde notarissen",
"office_city": "Zulte",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2023-10-05",
"filing_date": "2023-10-03",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-09-25",
"unanimous": true,
"under_authorized_capital": true,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0560.690.088",
"name_full": "ELEKTRO DC",
"legal_form": "BV",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition",
"verslag bestuursorgaan"
],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "DECLERCQ Cederik",
"role": null,
"n_shares": 200,
"share_class": null
}
],
"share_classes_after": [
{
"n_shares": 100,
"class_name": "A",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 100,
"class_name": "B",
"capital_share_eur": null,
"voting_rights_per_share": 0.0
}
]
}Credit advice
Company registry (CBE)
Activities
General electrical installation work43211
Names & trade names
| Legal nameNL | DEVICE BUILD |
Similar companies
ACT WITH CARE
BE 0896.049.772 · Zulte
AM ELEKTRO
BE 0748.401.124 · Zulte
DE CABOOTER
BE 0875.697.588 · Zulte
De Jaeger Mattias
BE 1018.577.994 · Zulte
DECALEC
BE 0456.555.046 · Zulte