DEVIKA
ActiveSummary
The computed 12-month bankruptcy probability of DEVIKA is 2.0% (moderate). The 2025 annual accounts show negative equity (-€22,224) and a net result of €13,148. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 13604 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-8
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.34 in 2024; short-term debt: 131.6% and cash: 40.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-31.6%
Return on assets
18.7%
Age of the figures
15 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 13604 sector peers (2025).
NBB · sector comparisonPosition among 13604 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
17 d late
2023
14 d late
2022
on the day
2021
27 d early
2020
3 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
-€22,224▲ 37.2%
2024 · -€35,371
Total assets
€70,285▲ 85.2%
2024 · €37,943
Net result
€13,148▼ 5.7%
2024 · €13,940
Working capital
-€35,358▲ 26.7%
2024 · -€48,216
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€15,359€24,804-€6,813€14,035€13,190▼ 6.0%
Net result-€15,462below the sector's middle half€24,749above the sector's middle half-€6,912within the sector's middle half€13,940within the sector's middle half€13,148within the sector's middle half▼ 5.7%
Equity-€67,148below the sector's middle half▼ 29.9%-€42,399below the sector's middle half▲ 36.9%-€49,311below the sector's middle half▼ 16.3%-€35,371below the sector's middle half▲ 28.3%-€22,224below the sector's middle half▲ 37.2%
Total assets€27,722below the sector's middle half▼ 32.1%€38,493below the sector's middle half▲ 38.9%€31,410below the sector's middle half▼ 18.4%€37,943below the sector's middle half▲ 20.8%€70,285within the sector's middle half▲ 85.2%
Debt€94,870▲ 2.5%€80,892▼ 14.7%€80,721▼ 0.2%€73,314▼ 9.2%€92,508▲ 26.2%
Working capital-€78,897below the sector's middle half▼ 22.8%-€53,358below the sector's middle half▲ 32.4%-€63,851below the sector's middle half▼ 19.7%-€48,216below the sector's middle half▲ 24.5%-€35,358below the sector's middle half▲ 26.7%
Solvency-242.2%below the sector's middle half▼ 115.7pp-110.1%below the sector's middle half▲ 132.1pp-157.0%below the sector's middle half▼ 46.8pp-93.2%below the sector's middle half▲ 63.8pp-31.6%below the sector's middle half▲ 61.6pp
Current ratio0.17below the sector's middle half▼ 0.140.34below the sector's middle half▲ 0.170.21below the sector's middle half▼ 0.130.34below the sector's middle half▲ 0.130.62within the sector's middle half▲ 0.28
Return on assets (ROA)-55.8%below the sector's middle half▼ 126.0pp64.3%above the sector's middle half▲ 120.1pp-22.0%below the sector's middle half▼ 86.3pp36.7%above the sector's middle half▲ 58.7pp18.7%above the sector's middle half▼ 18.0pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
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 falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70,285
Fixed assets
€13,135 ▲ 2.3%
Current assets
€57,150 ▲ 128%
Key figures and ratios
EBITDA
€15,080▼
2024 · €15,730
Cash flow
€15,038▼
2024 · €15,635
Quick ratio
0.55▲
2024 · 0.25
Debt to equity
-4.16▼
2024 · -2.07
Interest coverage
265.45▲
2024 · 165.22
Debt ≤ 1 year
€92,508▲
2024 · €73,314
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
4.9%
stopped otherwise
92%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €790 | €790 | €943 | €1,695 | €1,891 | ▲ 11.5% |
| Other operating charges640/8 | - | €1,917 | €6,978 | €3,151 | €2,236 | ▼ 29.0% |
| Gross operating margin9900 | -€13,535 | €27,511 | €1,107 | €18,881 | €17,317 | ▼ 8.3% |
| Operating profit (loss)9901 | -€15,359 | €24,804 | -€6,813 | €14,035 | €13,190 | ▼ 6.0% |
| Financial income75/76B | - | - | - | €0 | €15 | ▲ 72,900% |
| Recurring financial income75 | - | - | - | €0 | €15 | ▲ 72,900% |
| Financial charges65/66B | - | €55 | €99 | €95 | €57 | ▼ 40.3% |
| Recurring financial charges65 | €103 | €55 | €99 | €95 | €57 | ▼ 40.3% |
| Profit (loss) for the period before taxes9903 | -€15,462 | €24,749 | -€6,912 | €13,940 | €13,148 | ▼ 5.7% |
| Profit (loss) for the period9904 | -€15,462 | €24,749 | -€6,912 | €13,940 | €13,148 | ▼ 5.7% |
| Profit (loss) for the period to be appropriated9905 | -€15,462 | €24,749 | -€6,912 | €13,940 | €13,148 | ▼ 5.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,722 | €38,493 | €31,410 | €37,943 | €70,285 | ▲ 85.2% |
| Fixed assets21/28 | €11,749 | €10,958 | €14,540 | €12,845 | €13,135 | ▲ 2.3% |
| Tangible fixed assets22/27 | €3,089 | €2,299 | €5,881 | €4,186 | €4,476 | ▲ 6.9% |
| Plant, machinery and equipment23 | - | €2,299 | €5,881 | €4,186 | €4,476 | ▲ 6.9% |
| Financial fixed assets28 | €8,659 | €8,659 | €8,659 | €8,659 | €8,659 | = |
| Current assets29/58 | €15,974 | €27,534 | €16,870 | €25,098 | €57,150 | ▲ 128% |
| Stocks and contracts in progress3 | €2,969 | €4,377 | €4,987 | €6,793 | €6,255 | ▼ 7.9% |
| Stocks30/36 | - | €4,377 | €4,987 | €6,793 | €6,255 | ▼ 7.9% |
| Amounts receivable within one year40/41 | €3,921 | €3,144 | €495 | €4,862 | €22,681 | ▲ 366% |
| Trade receivables40 | - | €211 | €211 | €4,720 | €22,422 | ▲ 375% |
| Other amounts receivable41 | - | €2,933 | €284 | €143 | €259 | ▲ 81.8% |
| Cash at bank and in hand54/58 | €9,083 | €20,013 | €11,389 | €13,442 | €28,213 | ▲ 110% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,722 | €38,493 | €31,410 | €37,943 | €70,285 | ▲ 85.2% |
| Equity10/15 | -€67,148 | -€42,399 | -€49,311 | -€35,371 | -€22,224 | ▲ 37.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€73,348 | -€48,599 | -€55,511 | -€41,571 | -€28,424 | ▲ 31.6% |
| Amounts payable17/49 | €94,870 | €80,892 | €80,721 | €73,314 | €92,508 | ▲ 26.2% |
| Amounts payable within one year42/48 | €94,870 | €80,892 | €80,721 | €73,314 | €92,508 | ▲ 26.2% |
| Trade debts44 | €28,606 | €24,276 | €6,493 | €6,141 | €20,682 | ▲ 237% |
| Suppliers440/4 | - | €24,276 | €6,493 | €6,141 | €20,682 | ▲ 237% |
| Advances received on contracts in progress46 | - | - | - | - | €6,500 | - |
| Taxes, remuneration and social security45 | - | €414 | €879 | €6,903 | €5,196 | ▼ 24.7% |
| Taxes450/3 | - | €414 | €879 | €6,903 | €3,740 | ▼ 45.8% |
| Remuneration and social security454/9 | - | €0 | - | - | €1,456 | - |
| Other amounts payable47/48 | - | €56,202 | €73,349 | €60,270 | €60,130 | ▼ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,462 | €24,749 | -€6,912 | €13,940 | €13,148 | ▼ 5.7% |
| + Depreciation and write-downs630 | €790 | €790 | €943 | €1,695 | €1,891 | ▲ 11.5% |
| Operating cash flow (approximation) | -€14,672 | €25,539 | -€5,969 | €15,635 | €15,038 | ▼ 3.8% |
| Investment in fixed assets (approximation) | - | €0 | -€4,524 | €0 | -€2,180 | - |
| Change in cash | - | €10,930 | -€8,625 | €2,054 | €14,771 | ▲ 619% |
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
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
30-06
Financial
Back to profitnet €13,940
Net result €13,940 after one loss-making year.
14-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €24,749
Net result €24,749 after one loss-making year.
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet -€15,462
Net result drops to -€15,462, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Highest result since 2019net €28,702 ▲1,093%
Operating result €28,769, net result €28,702, both a record.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Gent · 1 establishment unit since 2013
Ground area
191 m²
Building footprint
191 m²
Volume, LiDAR
1,116 m³
Parcel 44038A0640/00F004, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
't Lammeken
since 20132.221.963.459
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0640/00F004 | Flanders | 191 m² | 1 · 191 m² | 10.1 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
2022 to 2024 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.221.963.459
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Temse
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 14,005 companies in sector 56301 we hold annual accounts for 4,897. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-07-2013
Fiscal year end30-06
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0536544909
Also
9925:BE0536544909
Registered
22-04-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.