Equity
DEVICO has made a profit in every financial year since 2015.
DEVICO has made a profit in every financial year since 2015.
The accounts state no turnover.
Higher solvency than 91% of companies in office administrative support. Sector median 50.3% · 9,695 companies.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 83% on liquidity, 34% on profitability and 60% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 17,811 companies had the same profile as DEVICO has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of DEVICO itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for DEVICO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 17.27 (18.32 in 2024), above the usual 1.5. Short-term debt is 5.8% and cash 31.1% of total assets. 7.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DEVICO Damme | €477,954 | €68,397 | 92.1% | - |
| IMDI Kortrijk | €481,411 | €80,065 | 35.8% | - |
| 3CP INSPECTION Knokke-Heist | €418,207 | €55,560 | 14.4% | - |
| STREAMLINE PROJECTS Kortenberg | €478,486 | €66,874 | 33.5% | - |
| VC-FINANCE Mol | €464,208 | €72,549 | -38.8% | - |
| LA NYNA GEST Anhée | €420,585 | €65,222 | 26.2% | - |
| AUDENAERT AGRO MACHINERY Assenede | €459,729 | €60,063 | 35.6% | - |
These companies have the same main activity as DEVICO: other business support services (NACE 82990). They are comparable in size and age: total assets between €418,000 and €481,000, founded between 2014 and 2015.
DEVICO files the micro format. That format states no turnover. The gross margin rose from €12,480 in 2015 to €68,397 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €110,000 and €190,000.
Higher than 92% of 9,695 companies in 2025.
Higher than 95% of 9,313 companies in 2025.
Higher than 49% of 9,437 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
477,954 | 419,942 | 402,801 | 355,142 | 290,436 | 235,131 | 192,427 | 160,309 | 137,443 | 117,027 | 47,228 | |
29/58 |
477,954 | 419,942 | 402,801 | 355,142 | 290,436 | 235,131 | 192,427 | 160,309 | 137,443 | 117,027 | 47,228 | |
40/41 |
29,340 | 26,796 | 1 | 17,001 | 110 | 145 | 145 | 29,797 | 95 | - | 13,915 | |
40 |
18,693 | 18,300 | 0 | 16,936 | - | - | - | 29,707 | - | - | 13,915 | |
41 |
10,647 | 8,496 | 1 | 65 | 110 | 145 | 145 | 90 | 95 | - | - | |
50/53 |
300,000 | 300,000 | - | - | - | - | - | - | - | - | - | |
54/58 |
148,614 | 93,145 | 402,800 | 338,141 | 290,326 | 234,630 | 192,282 | 130,512 | 136,416 | 116,251 | 33,313 | |
490/1 |
- | - | - | - | - | 356 | - | - | 933 | 776 | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
477,954 | 419,942 | 402,801 | 355,142 | 290,436 | 235,131 | 192,427 | 160,309 | 137,443 | 117,027 | 47,228 | |
10/15 |
440,125 | 387,207 | 381,616 | 325,676 | 268,270 | 220,724 | 182,762 | 139,222 | 92,783 | 78,956 | 26,677 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
421,525 | 368,607 | 363,016 | 307,076 | 249,670 | 202,124 | 164,162 | 120,622 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
133 |
421,525 | 368,607 | 363,016 | 305,216 | 247,810 | 200,264 | 162,302 | 118,762 | - | - | - | |
14 |
- | - | - | - | - | - | - | - | 72,323 | 58,496 | 6,217 | |
17/49 |
37,828 | 32,735 | 21,185 | 29,467 | 22,167 | 14,406 | 9,665 | 21,087 | 44,660 | 38,070 | 20,552 | |
42/48 |
27,680 | 22,922 | 21,185 | 29,467 | 22,167 | 13,006 | 8,265 | 19,687 | 43,260 | 36,670 | 19,152 | |
43 |
2 | - | - | - | - | - | - | - | - | - | - | |
430/8 |
2 | - | - | - | - | - | - | - | - | - | - | |
44 |
128 | 4,018 | 151 | - | - | - | - | 757 | - | 6,080 | 3,509 | |
440/4 |
128 | 4,018 | 151 | - | - | - | - | 757 | - | 6,080 | 3,509 | |
45 |
15,988 | 12,480 | 17,096 | 19,088 | 16,605 | 11,679 | 3,751 | 14,694 | 38,657 | 29,417 | 13,169 | |
450/3 |
15,988 | 12,480 | 17,096 | 19,088 | 16,605 | 11,679 | 3,751 | 14,694 | 38,657 | 29,417 | 13,169 | |
47/48 |
11,562 | 6,423 | 3,938 | 10,379 | 5,562 | 1,327 | 4,514 | 4,237 | 4,603 | 1,174 | 2,474 | |
492/3 |
10,148 | 9,813 | - | - | - | 1,400 | 1,400 | 1,400 | 1,400 | 1,400 | 1,400 | |
| Income statement | ||||||||||||
9900 |
68,397 | 7,211 | 71,101 | 72,744 | 60,070 | 49,423 | 55,795 | 59,578 | 19,481 | 75,938 | 12,480 | |
630 |
- | - | - | - | - | - | - | - | - | - | 1,006 | |
640/8 |
921 | 126 | 661 | 459 | 348 | 348 | 590 | 757 | 576 | 724 | 348 | |
9901 |
67,476 | 7,085 | 70,440 | 72,286 | 59,722 | 49,075 | 55,204 | 58,822 | 18,906 | 75,215 | 11,126 | |
75/76B |
0 | 710 | - | - | - | - | - | - | 1 | - | - | |
75 |
0 | 710 | - | - | - | - | - | - | 1 | - | - | |
65/66B |
709 | 487 | 72 | 72 | 72 | 85 | 90 | 181 | 154 | 105 | 129 | |
65 |
709 | 487 | 72 | 72 | 72 | 85 | 90 | 181 | 154 | 105 | 129 | |
9903 |
66,767 | 7,307 | 70,368 | 72,214 | 59,650 | 48,991 | 55,114 | 58,641 | 18,752 | 75,110 | 10,997 | |
67/77 |
13,849 | 1,716 | 14,427 | 14,807 | 12,105 | 10,216 | 11,575 | 12,202 | 4,925 | 22,830 | 2,920 | |
9904 |
52,918 | 5,591 | 55,940 | 57,406 | 47,545 | 38,775 | 43,540 | 46,439 | 13,827 | 52,280 | 8,077 | |
9905 |
52,918 | 5,591 | 55,940 | 57,406 | 47,545 | 38,775 | 43,540 | 46,439 | 13,827 | 52,280 | 8,077 | |
| Appropriation of the result | ||||||||||||
9906 |
52,918 | 5,591 | 55,940 | 57,406 | 47,545 | 38,775 | 43,540 | 118,762 | 72,323 | 58,496 | 8,077 | |
791/2 |
- | - | - | - | - | 812 | - | - | - | - | - | |
691/2 |
52,918 | 5,591 | 55,940 | 57,406 | 47,545 | 38,775 | 43,540 | 118,762 | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
52,918 | 5,591 | 55,940 | 57,406 | 47,545 | 38,775 | 43,540 | 118,762 | - | - | - | |
694/7 |
- | - | - | - | - | 812 | - | - | - | - | - | |
694 |
- | - | - | - | - | 812 | - | - | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 08-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00275766 | |
| 31-12-2024 | micro format | 01-08-2025 | 2025-00351899 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00334246 | |
| 31-12-2022 | abbreviated format | 19-07-2023 | 2023-00255486 | |
| 31-12-2021 | abbreviated format | 30-06-2022 | 2022-20140600 | |
| 31-12-2020 | abbreviated format | 25-06-2021 | 2021-25300506 | |
| 31-12-2019 | abbreviated format | 23-07-2020 | 2020-34000002 | |
| 31-12-2018 | abbreviated format | 22-07-2019 | 2019-36100279 | |
| 31-12-2017 | micro format | 13-07-2018 | 2018-33200119 | |
| 31-12-2016 | micro format | 13-07-2017 | 2017-31500378 | |
| 31-12-2015 | abbreviated format | 20-07-2016 | 2016-33600284 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €1,845 |
| 2024 | 1 | €1,845 | €0 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | 12,132 | ||
| - | - | - | - | - | - | - | - | - | - | 9,083 | ||
| 0 | - | - | - | - | - | - | - | - | - | - | ||
| 55,469 | -309,655 | 64,659 | 47,815 | 55,697 | 42,348 | 61,769 | -5,903 | 20,165 | 82,938 | - | ||
| 450,273 | 397,020 | 381,616 | 325,676 | 268,270 | 222,124 | 184,162 | 140,622 | 94,183 | 80,356 | 28,077 | ||
| 92.1% | 92.2% | 94.7% | 91.7% | 92.4% | 93.9% | 95.0% | 86.8% | 67.5% | 67.5% | 56.5% | ||
| 17.27 | 18.32 | 19.01 | 12.05 | 13.10 | 18.08 | 23.28 | 8.14 | 3.18 | 3.19 | 2.47 | ||
| 0.09 | 0.08 | 0.06 | 0.09 | 0.08 | 0.07 | 0.05 | 0.15 | 0.48 | 0.48 | 0.77 | ||
| 12.0% | 1.4% | 14.7% | 17.6% | 17.7% | 17.6% | 23.8% | 33.4% | 14.9% | 66.2% | 30.3% | ||
| 11.1% | 1.3% | 13.9% | 16.2% | 16.4% | 16.5% | 22.6% | 29.0% | 10.1% | 44.7% | 17.1% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | €0 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 9.5 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 7.8% to 7.9%. Equity and debt are higher.
DEVICO has no parent and no holdings in its annual accounts. Kris Devidt is the only director.
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Schipdonkvaart-West 2 registered office 8340 Damme | 03-02-2015 | 2.239.684.270 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31023D0127/00L000 | 1,340 m² | 1 · 148 m² | 8.3 m · 2 |
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