DEVICO
ActiveSummary
DEVICO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €440k and a net result of €53k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▲+24
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 17.27 against 18.32 in 2024; short-term debt: 5.8% and cash: 31.1% of total assets), and 7.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.1%
Return on assets
11.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
1 d late
2023
on the day
2022
12 d early
2021
31 d early
2020
36 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€440k▲ 13.7%
2024 · €387k
2018: €139klowest in 8 years
2019: €183k▲ +31.3% vs 2018
2020: €221k▲ +20.8% vs 2019
2021: €268k▲ +21.5% vs 2020
2022: €326k▲ +21.4% vs 2021
2023: €382k▲ +17.2% vs 2022
2024: €387k▲ +1.5% vs 2023
2025: €440k▲ +13.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€478k▲ 13.8%
2024 · €420k
2018: €160klowest in 8 years
2019: €192k▲ +20.0% vs 2018
2020: €235k▲ +22.2% vs 2019
2021: €290k▲ +23.5% vs 2020
2022: €355k▲ +22.3% vs 2021
2023: €403k▲ +13.4% vs 2022
2024: €420k▲ +4.3% vs 2023
2025: €478k▲ +13.8% vs 2024highest in 8 years
2018 → 2025
Net result
€53k▲ 846%
2024 · €6k
2018: €46k
2019: €44k▼ -6.2% vs 2018
2020: €39k▼ -10.9% vs 2019
2021: €48k▲ +22.6% vs 2020
2022: €57k▲ +20.7% vs 2021highest in 8 years
2023: €56k▼ -2.6% vs 2022
2024: €6k▼ -90.0% vs 2023lowest in 8 years
2025: €53k▲ +846% vs 2024
2018 → 2025
Working capital
€450k▲ 13.4%
2024 · €397k
2018: €141klowest in 8 years
2019: €184k▲ +31.0% vs 2018
2020: €222k▲ +20.6% vs 2019
2021: €268k▲ +20.8% vs 2020
2022: €326k▲ +21.4% vs 2021
2023: €382k▲ +17.2% vs 2022
2024: €397k▲ +4.0% vs 2023
2025: €450k▲ +13.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€268k-€326k▲ 21.4%€382k▲ 17.2%€387k▲ 1.5%€440k▲ 13.7%
2021: €268klowest in 5 years
2022: €326k▲ +21.4% vs 2021
2023: €382k▲ +17.2% vs 2022
2024: €387k▲ +1.5% vs 2023
2025: €440k▲ +13.7% vs 2024highest in 5 years
Operating result€60k-€72k▲ 21.0%€70k▼ 2.6%€7k▼ 89.9%€67k▲ 852%
2021: €60k
2022: €72k▲ +21.0% vs 2021highest in 5 years
2023: €70k▼ -2.6% vs 2022
2024: €7k▼ -89.9% vs 2023lowest in 5 years
2025: €67k▲ +852% vs 2024
Net result€48k-€57k▲ 20.7%€56k▼ 2.6%€6k▼ 90.0%€53k▲ 846%
2021: €48k
2022: €57k▲ +20.7% vs 2021highest in 5 years
2023: €56k▼ -2.6% vs 2022
2024: €6k▼ -90.0% vs 2023lowest in 5 years
2025: €53k▲ +846% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 852% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €478k
Equity
€440k ▲ 13.7%
Debt
€38k ▲ 15.6%
Debt's share of the balance-sheet total rises from 7.8% to 7.9%. Equity and debt are higher.
Key figures and ratios
Current ratio
17.27▼
2024 · 18.32
Debt to equity
0.09▲
2024 · 0.08
ROE
12.0%▲
2024 · 1.4%
ROA
11.1%▲
2024 · 1.3%
Debt ≤ 1 year
€28k▲
2024 · €23k
Income taxes
€14k▲
2024 · €2k
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 · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€420k€478k▲
Current assets29/58€420k€478k▲
Amounts receivable within one year40/41€27k€29k▲
Trade receivables40€18k€19k▲
Other amounts receivable41€8k€11k▲
Current investments50/53€300k€300k=
Cash at bank and in hand54/58€93k€149k▲
Equity and liabilities
Total equity and liabilities10/49€420k€478k▲
Equity10/15€387k€440k▲
Contributions10/11€19k€19k=
Reserves13€369k€422k▲
Distributable reserves133€369k€422k▲
Amounts payable17/49€33k€38k▲
Amounts payable within one year42/48€23k€28k▲
Financial debts43-€2
Credit institutions430/8-€2
Trade debts44€4k€128▼
Suppliers440/4€4k€128▼
Taxes, remuneration and social security45€12k€16k▲
Taxes450/3€12k€16k▲
Other amounts payable47/48€6k€12k▲
Accrued charges and deferred income492/3€10k€10k▲
Income statement
Code20242025
Other operating charges640/8€126€921▲
Gross operating margin9900€7k€68k▲
Operating profit (loss)9901€7k€67k▲
Financial income75/76B€710€0▼
Recurring financial income75€710€0▼
Financial charges65/66B€487€709▲
Recurring financial charges65€487€709▲
Profit (loss) for the period before taxes9903€7k€67k▲
Income taxes67/77€2k€14k▲
Profit (loss) for the period9904€6k€53k▲
Profit (loss) for the period to be appropriated9905€6k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€53k▲
Transfer to equity691/2€6k€53k▲
To other reserves6921€6k€53k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | €459 | €661 | €126 | €921 | ▲ 631% |
| Gross operating margin9900 | €60k | €73k | €71k | €7k | €68k | ▲ 849% |
| Operating profit (loss)9901 | €60k | €72k | €70k | €7k | €67k | ▲ 852% |
| Financial income75/76B | - | - | - | €710 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €710 | €0 | ▼ 100% |
| Financial charges65/66B | €72 | €72 | €72 | €487 | €709 | ▲ 45.4% |
| Recurring financial charges65 | €72 | €72 | €72 | €487 | €709 | ▲ 45.4% |
| Profit (loss) for the period before taxes9903 | €60k | €72k | €70k | €7k | €67k | ▲ 814% |
| Income taxes67/77 | €12k | €15k | €14k | €2k | €14k | ▲ 707% |
| Profit (loss) for the period9904 | €48k | €57k | €56k | €6k | €53k | ▲ 846% |
| Profit (loss) for the period to be appropriated9905 | €48k | €57k | €56k | €6k | €53k | ▲ 846% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €290k | €355k | €403k | €420k | €478k | ▲ 13.8% |
| Current assets29/58 | €290k | €355k | €403k | €420k | €478k | ▲ 13.8% |
| Amounts receivable within one year40/41 | €110 | €17k | €1 | €27k | €29k | ▲ 9.5% |
| Trade receivables40 | - | €17k | €0 | €18k | €19k | ▲ 2.1% |
| Other amounts receivable41 | €110 | €65 | €1 | €8k | €11k | ▲ 25.3% |
| Current investments50/53 | - | - | - | €300k | €300k | = |
| Cash at bank and in hand54/58 | €290k | €338k | €403k | €93k | €149k | ▲ 59.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €290k | €355k | €403k | €420k | €478k | ▲ 13.8% |
| Equity10/15 | €268k | €326k | €382k | €387k | €440k | ▲ 13.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €250k | €307k | €363k | €369k | €422k | ▲ 14.4% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €248k | €305k | €363k | €369k | €422k | ▲ 14.4% |
| Amounts payable17/49 | €22k | €29k | €21k | €33k | €38k | ▲ 15.6% |
| Amounts payable within one year42/48 | €22k | €29k | €21k | €23k | €28k | ▲ 20.8% |
| Financial debts43 | - | - | - | - | €2 | - |
| Credit institutions430/8 | - | - | - | - | €2 | - |
| Trade debts44 | - | - | €151 | €4k | €128 | ▼ 96.8% |
| Suppliers440/4 | - | - | €151 | €4k | €128 | ▼ 96.8% |
| Taxes, remuneration and social security45 | €17k | €19k | €17k | €12k | €16k | ▲ 28.1% |
| Taxes450/3 | €17k | €19k | €17k | €12k | €16k | ▲ 28.1% |
| Other amounts payable47/48 | €6k | €10k | €4k | €6k | €12k | ▲ 80.0% |
| Accrued charges and deferred income492/3 | - | - | - | €10k | €10k | ▲ 3.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48k | €57k | €56k | €6k | €53k | ▲ 846% |
| Operating cash flow (approximation) | €48k | €57k | €56k | €6k | €53k | ▲ 846% |
| Change in cash | - | €48k | €65k | €-310k | €55k | ▲ 118% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
31-12
Financial
Weakest financial yearnet €6k ▼90%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €57k ▲20.7%
Operating result €72k, net result €57k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €221k ▲20.8%
3 profitable years in a row build equity to €221k.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity triplescurrent ratio 23.28
Current ratio from 8.14 to 23.28; short-term debt falls from €20k to €8k.
31-12
Financial
Equity above €150kEq €183k ▲31.3%
2 profitable years in a row build equity to €183k.
Show earlier events
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Damme · 1 establishment unit since 2015
Ground area
1,340 m²
Building footprint
148 m²
Volume, LiDAR
823 m³
Parcel 31023D0127/00L000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVICO
since 20152.239.684.270
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31023D0127/00L000 | Flanders | 1,340 m² | 1 · 148 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2024 to 2025 · 2 entries · 1,845 EUR awarded · 1,845 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 1,845 EUR |
| 2024 | 1 | 1,845 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 6,042 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
68110Buying and selling of own real estate
70200Business and other management consultancy
73200Market research and public opinion polling
Scores and ratios are computed by Checked and are not a credit decision.