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DEVIEF

Active
Private limited companyfounded 2011active for 15 yearsLeenriestraat 4, 8791 Waregem, BelgiumKBO/BCE: BE 0836.530.077
Summary

DEVIEF is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€2,297) and a net result of -€6,204. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

Equity
-€2,297
2024 · €3,907
Net result
-€6,204▼ 1.1%
2024 · -€6,135
Total assets
€101,466▼ 1.8%
2024 · €103,320
Solvency
-2.3%▼ 6.0pp
2024 · 3.8%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €6,204 in 2025 against €6,134 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,204 2025 Net result-€6,204 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€1,766--€3,492▼ 97.7%€26,269-€3,792-€4,935▼ 30.2%-€10,683▼ 116%-€6,134▲ 42.6%-€6,204▼ 1.1%
Net result-€3,687--€4,936▼ 33.9%€25,208within the sector's middle half-€4,545below the sector's middle half-€5,184below the sector's middle half▼ 14.1%-€10,683below the sector's middle half▼ 106%-€6,135below the sector's middle half▲ 42.6%-€6,204below the sector's middle half▼ 1.1%
Equity€10,182-€5,246▼ 48.5%€30,454below the sector's middle half▲ 481%€25,909below the sector's middle half▼ 14.9%€20,725below the sector's middle half▼ 20.0%€10,042below the sector's middle half▼ 51.5%€3,907below the sector's middle half▼ 61.1%-€2,297below the sector's middle half
Total assets€105,647-€100,258▼ 5.1%€124,608below the sector's middle half▲ 24.3%€119,711below the sector's middle half▼ 3.9%€113,093below the sector's middle half▼ 5.5%€105,220below the sector's middle half▼ 7.0%€103,320below the sector's middle half▼ 1.8%€101,466below the sector's middle half▼ 1.8%
Debt€95,465-€95,012▼ 0.5%€94,153▼ 0.9%€93,802▼ 0.4%€92,368▼ 1.5%€95,179▲ 3.0%€99,413▲ 4.4%€103,763▲ 4.4%
Working capital-€70,468--€80,075▼ 13.6%-€81,622within the sector's middle half▼ 1.9%-€89,609within the sector's middle half▼ 9.8%-€89,006within the sector's middle half▲ 0.7%-€93,902within the sector's middle half▼ 5.5%-€98,108within the sector's middle half▼ 4.5%-€102,383within the sector's middle half▼ 4.4%
Solvency9.6%-5.2%▼ 4.4pp24.4%within the sector's middle half▲ 19.2pp21.6%below the sector's middle half▼ 2.8pp18.3%below the sector's middle half▼ 3.3pp9.5%below the sector's middle half▼ 8.8pp3.8%below the sector's middle half▼ 5.8pp-2.3%below the sector's middle half▼ 6.0pp
Current ratio0.04-0.04=0.04below the sector's middle half=0.04below the sector's middle half▲ 0.010.04below the sector's middle half▼ 0.010.01below the sector's middle half▼ 0.020.01below the sector's middle half=0.01below the sector's middle half=
Return on assets (ROA)-3.5%--4.9%▼ 1.4pp20.2%above the sector's middle half▲ 25.2pp-3.8%below the sector's middle half▼ 24.0pp-4.6%below the sector's middle half▼ 0.8pp-10.2%below the sector's middle half▼ 5.6pp-5.9%below the sector's middle half▲ 4.2pp-6.1%below the sector's middle half▼ 0.2pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101,466
Fixed assets €100,086 ▼ 1.9%
Current assets €1,380 ▲ 5.8%
Equity and liabilities
Equity-€2,297
Debt€103,763
Equity is negative: debt (€103,763) exceeds the balance-sheet total (€101,466).
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€103,763▲
2024 · €99,413
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€103,320€101,466▼
Fixed assets21/28€102,015€100,086▼
Tangible fixed assets22/27€102,015€100,086▼
Plant, machinery and equipment23€102,015€100,086▼
Current assets29/58€1,305€1,380▲
Cash at bank and in hand54/58€1,305€1,380▲
Equity and liabilities
Total equity and liabilities10/49€103,320€101,466▼
Equity10/15€3,907-€2,297▼
Contributions10/11€21,618€21,618=
Reserves13€1,427€1,427=
Distributable reserves133€1,427€1,427=
Profit (loss) carried forward14-€19,138-€25,342▼
Amounts payable17/49€99,413€103,763▲
Amounts payable within one year42/48€99,413€103,763▲
Other amounts payable47/48€99,413€103,763▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,929€1,929=
Other operating charges640/8€4,619€4,643▲
Gross operating margin9900€413€368▼
Operating profit (loss)9901-€6,134-€6,204▼
Financial charges65/66B€0-
Recurring financial charges65€0-
Profit (loss) for the period before taxes9903-€6,135-€6,204▼
Profit (loss) for the period9904-€6,135-€6,204▼
Profit (loss) for the period to be appropriated9905-€6,135-€6,204▼
Appropriation of the result
Profit (loss) to be appropriated9906-€19,138-€25,342▼
Profit (loss) brought forward from the previous period14P-€13,003-€19,138▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,524€5,787€5,787€5,787€5,787€5,787€1,929€1,929=
Other operating charges640/8---€3,874€3,959€4,219€4,619€4,643▲ 0.5%
Gross operating margin9900€6,210€5,929€35,903€5,870€4,811-€677€413€368▼ 10.9%
Operating profit (loss)9901-€1,766-€3,492€26,269-€3,792-€4,935-€10,683-€6,134-€6,204▼ 1.1%
Financial charges65/66B---€754€249-€0--
Recurring financial charges65€1,920€1,444€1,061€754€249-€0--
Profit (loss) for the period before taxes9903-€3,687-€4,936€25,208-€4,545-€5,184-€10,683-€6,135-€6,204▼ 1.1%
Profit (loss) for the period9904-€3,687-€4,936€25,208-€4,545-€5,184-€10,683-€6,135-€6,204▼ 1.1%
Profit (loss) for the period to be appropriated9905-€3,687-€4,936€25,208-€4,545-€5,184-€10,683-€6,135-€6,204▼ 1.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€105,647€100,258€124,608€119,711€113,093€105,220€103,320€101,466▼ 1.8%
Fixed assets21/28€103,031€97,244€121,305€115,518€109,731€103,944€102,015€100,086▼ 1.9%
Tangible fixed assets22/27€103,031€97,244€121,305€115,518€109,731€103,944€102,015€100,086▼ 1.9%
Plant, machinery and equipment23---€115,518€109,731€103,944€102,015€100,086▼ 1.9%
Current assets29/58€2,616€3,014€3,303€4,193€3,363€1,276€1,305€1,380▲ 5.8%
Cash at bank and in hand54/58€2,616€3,014€3,303€4,193€3,363€1,276€1,305€1,380▲ 5.8%
Equity and liabilities
Total equity and liabilities10/49€105,647€100,258€124,608€119,711€113,093€105,220€103,320€101,466▼ 1.8%
Equity10/15€10,182€5,246€30,454€25,909€20,725€10,042€3,907-€2,297-
Contributions10/11€21,618€21,618-€21,618€21,618€21,618€21,618€21,618=
Reserves13€1,427€1,427€1,427€1,427€1,427€1,427€1,427€1,427=
Non-distributable reserves130/1---€1,427€1,427----
Reserves not available under the articles1311---€1,427€1,427----
Distributable reserves133-----€1,427€1,427€1,427=
Profit (loss) carried forward14-€12,863-€17,799€7,409€2,864-€2,320-€13,003-€19,138-€25,342▼ 32.4%
Amounts payable17/49€95,465€95,012€94,153€93,802€92,368€95,179€99,413€103,763▲ 4.4%
Amounts payable after more than one year17€22,382€11,924€9,228------
Amounts payable within one year42/48€73,084€83,088€84,925€93,802€92,368€95,179€99,413€103,763▲ 4.4%
Current portion of amounts payable after more than one year42---€9,228-----
Trade debts44-€47€47-€50----
Suppliers440/4----€50----
Other amounts payable47/48---€84,574€92,319€95,179€99,413€103,763▲ 4.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€3,687-€4,936€25,208-€4,545-€5,184-€10,683-€6,135-€6,204▼ 1.1%
+ Depreciation and write-downs630€7,524€5,787€5,787€5,787€5,787€5,787€1,929€1,929=
Operating cash flow (approximation)€3,837€851€30,995€1,242€603-€4,896-€4,206-€4,275▼ 1.7%
Investment in fixed assets (approximation)-€0-€29,847€0€0€0€0€0-
Change in cash-€398€289€891-€831-€2,086€28€75▲ 164%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 23-07-2026 2026-00329471
31-12-2024 abbreviated format 30-06-2025 2025-00212650
31-12-2023 abbreviated format 29-08-2024 2024-00418591
31-12-2022 abbreviated format 25-08-2023 2023-00363194
31-12-2021 abbreviated format 16-08-2022 2022-20293023
31-12-2020 abbreviated format 15-06-2021 2021-20100158
31-12-2019 abbreviated format 13-07-2020 2020-29200277
31-12-2018 abbreviated format 17-07-2019 2019-34200137
31-12-2017 micro format 18-07-2018 2018-35100508
31-12-2016 micro format 23-08-2017 2017-47200564

Show all 14 filings

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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,049. See the whole sector

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