DEVICE BUILD
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. Equity is shrinking by ~48.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 63% of 2906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €61k |
| Net result | €4k |
| Better than sector | 63% |
| Active | 12 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.3% | 43.3% | |
| Net result | €4k | €13k | |
| Equity | €61k | €44k | |
| Gross operating margin | €21k | €39k | |
| Total assets | €112k | €115k |
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) | - |
| 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) | - |
Full annual accounts (24 line items)
| 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 |
-
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
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 20-08-2014 |
| Status | Active |
| Postal code | 9870 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050A0362/00A000 | Flanders | 944 m² | 1 · 155 m² | - |
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.
02-10-2025 1 director appointed, 1 resigning
- Device Invest BV, Bestuurder
- Declercq Cederik, Bestuurder
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}05-10-2023 Capital decrease of €21,744.29 to €0
- €21.744,29 → €0
- 3 kapitaalbewegingen in deze akte
Technical details
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}| Legal nameNL | DEVICE BUILD |