Equity
Debts exceed assets in financial year 2025.
In July 2024, 3,631 companies had the same profile as DEVIKA has now. Each dot stands for 10 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,631 companies, not a prediction for DEVIKA. 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.
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.
| Company | ||||
|---|---|---|---|---|
| DEVIKA Ghent | €70,285 | €17,317 | -31.6% | - |
| MA-LY Aalst | €63,779 | €18,063 | 62.2% | - |
| BILJARTEXPRESS Turnhout | €70,945 | €16,858 | 42.9% | - |
| HTV COMPANY Schaerbeek | €74,815 | €19,919 | 91.0% | - |
| MOJO Roeselare | €75,832 | €20,166 | -3.5% | - |
| De Kapel Diest | €82,989 | €18,489 | 97.2% | - |
| BRUSSEL ESTATE BUSINES Schaerbeek | €65,762 | €17,908 | 66.1% | - |
These companies have the same main activity as DEVIKA: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €63,800 and €83,000, founded between 2011 and 2014.
DEVIKA files the micro format. That format states no turnover. The gross margin fell from €36,243 in 2014 to €17,317 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 ≈ €180,000. Estimated: probably between €88,000 and €390,000.
Higher than 17% of 18,509 companies in 2025.
Higher than 30% of 17,864 companies in 2025.
Higher than 78% of 17,961 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
70,285 | 37,943 | 31,410 | 38,493 | 27,722 | 40,847 | 27,955 | 17,183 | 50,756 | 84,147 | 69,091 | 77,036 | |
21/28 |
13,135 | 12,845 | 14,540 | 10,958 | 11,749 | 12,539 | 12,055 | 10,451 | 45,710 | 62,310 | 54,398 | 50,774 | |
21 |
- | - | - | - | - | - | - | - | 22,810 | 36,045 | 39,354 | 36,743 | |
22/27 |
4,476 | 4,186 | 5,881 | 2,299 | 3,089 | 3,879 | 896 | 1,792 | 7,520 | 10,886 | 9,744 | 8,730 | |
23 |
4,476 | 4,186 | 5,881 | 2,299 | 3,089 | 3,879 | 896 | 1,792 | 6,368 | 8,581 | 6,287 | 4,121 | |
24 |
- | - | - | - | - | - | - | - | 503 | 1,006 | 1,509 | 2,012 | |
26 |
- | - | - | - | - | - | - | - | 650 | 1,299 | 1,949 | 2,598 | |
28 |
8,659 | 8,659 | 8,659 | 8,659 | 8,659 | 8,659 | 11,159 | 8,659 | 15,379 | 15,379 | 5,300 | 5,300 | |
29/58 |
57,150 | 25,098 | 16,870 | 27,534 | 15,974 | 28,308 | 15,900 | 6,732 | 5,046 | 21,837 | 14,693 | 26,262 | |
3 |
6,255 | 6,793 | 4,987 | 4,377 | 2,969 | 562 | 805 | 805 | 805 | 1,820 | 2,930 | 2,537 | |
30/36 |
6,255 | 6,793 | 4,987 | 4,377 | 2,969 | 562 | 805 | 805 | 805 | 1,820 | 2,930 | 2,537 | |
40/41 |
22,681 | 4,862 | 495 | 3,144 | 3,921 | 3,026 | 2,663 | 1,830 | 17 | 13,983 | 5,631 | 81 | |
40 |
22,422 | 4,720 | 211 | 211 | 1,503 | - | 2,231 | 1,812 | - | 13,851 | 5,148 | - | |
41 |
259 | 143 | 284 | 2,933 | 2,419 | 3,026 | 432 | 17 | 17 | 132 | 483 | 81 | |
54/58 |
28,213 | 13,442 | 11,389 | 20,013 | 9,083 | 24,720 | 10,291 | 4,097 | 3,414 | 6,035 | 4,479 | 22,286 | |
490/1 |
- | - | - | - | - | - | 2,141 | - | 809 | - | 1,653 | 1,358 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
70,285 | 37,943 | 31,410 | 38,493 | 27,722 | 40,847 | 27,955 | 17,183 | 50,756 | 84,147 | 69,091 | 77,036 | |
10/15 |
-22,224 | -35,371 | -49,311 | -42,399 | -67,148 | -51,686 | -80,388 | -82,794 | -40,451 | -19,905 | -4,420 | 2,468 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | |
14 |
-28,424 | -41,571 | -55,511 | -48,599 | -73,348 | -57,886 | -86,588 | -88,994 | -46,651 | -26,105 | -10,620 | -3,732 | |
17/49 |
92,508 | 73,314 | 80,721 | 80,892 | 94,870 | 92,533 | 108,343 | 99,977 | 91,207 | 104,052 | 73,510 | 74,568 | |
42/48 |
92,508 | 73,314 | 80,721 | 80,892 | 94,870 | 92,533 | 108,343 | 99,977 | 91,207 | 104,052 | 73,510 | 74,568 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | 20,288 | |
43 |
- | - | - | - | - | 2,826 | 36,383 | 39,562 | 29,334 | 42,248 | 31,173 | - | |
430/8 |
- | - | - | - | - | 2,826 | 36,383 | 39,562 | 29,334 | 42,248 | 31,173 | - | |
44 |
20,682 | 6,141 | 6,493 | 24,276 | 28,606 | 28,425 | 28,299 | 4,702 | 1,279 | 11,448 | 6,065 | 2,608 | |
440/4 |
20,682 | 6,141 | 6,493 | 24,276 | 28,606 | 28,425 | 28,299 | 4,702 | 1,279 | 11,448 | 6,065 | 2,608 | |
46 |
6,500 | - | - | - | - | - | - | - | - | 5,045 | - | - | |
45 |
5,196 | 6,903 | 879 | 414 | 3,518 | 3,597 | 3,910 | 2,176 | 5,615 | 3,696 | 1,095 | 3,250 | |
450/3 |
3,740 | 6,903 | 879 | 414 | 2,099 | 3,597 | 3,910 | 2,176 | 5,615 | 1,067 | - | 2,962 | |
454/9 |
1,456 | - | - | 0 | 1,419 | - | - | - | - | 2,629 | 1,095 | 289 | |
47/48 |
60,130 | 60,270 | 73,349 | 56,202 | 62,746 | 57,684 | 39,751 | 53,537 | 54,979 | 41,614 | 35,178 | 48,421 | |
| Income statement | |||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 2,587 | - | - | |
9900 |
17,317 | 18,881 | 1,107 | 27,511 | -13,535 | 33,884 | 10,691 | -12,741 | 2,123 | 17,754 | 28,636 | 36,243 | |
62 |
- | - | - | - | - | - | 250 | - | 253 | 16,355 | 18,404 | 26,013 | |
630 |
1,891 | 1,695 | 943 | 790 | 790 | 967 | 896 | 982 | 17,984 | 17,707 | 15,117 | 11,368 | |
640/8 |
2,236 | 3,151 | 6,978 | 1,917 | 1,034 | 4,148 | 7,090 | 28,660 | 1,355 | 892 | 1,606 | 1,347 | |
66A |
- | - | - | - | - | - | - | - | 1,494 | - | - | - | |
9901 |
13,190 | 14,035 | -6,813 | 24,804 | -15,359 | 28,769 | 2,456 | -42,383 | -18,963 | -17,200 | -6,490 | -2,485 | |
75/76B |
15 | 0 | - | - | - | - | 43 | 162 | 0 | 19 | 548 | 1 | |
75 |
15 | 0 | - | - | - | - | 43 | 162 | 0 | 19 | 548 | 1 | |
65/66B |
57 | 95 | 99 | 55 | 103 | 67 | 92 | 251 | 1,584 | 892 | 945 | 1,248 | |
65 |
57 | 95 | 99 | 55 | 103 | 67 | 92 | 251 | 1,584 | 892 | 945 | 1,248 | |
9903 |
13,148 | 13,940 | -6,912 | 24,749 | -15,462 | 28,702 | 2,407 | -42,471 | -20,547 | -15,485 | -6,888 | -3,732 | |
67/77 |
- | - | - | - | - | - | - | -128 | - | - | - | - | |
9904 |
13,148 | 13,940 | -6,912 | 24,749 | -15,462 | 28,702 | 2,407 | -42,343 | -20,547 | -15,485 | -6,888 | -3,732 | |
9905 |
13,148 | 13,940 | -6,912 | 24,749 | -15,462 | 28,702 | 2,407 | -42,343 | -20,547 | -15,485 | -6,888 | -3,732 | |
| Appropriation of the result | |||||||||||||
9906 |
-28,424 | -41,571 | -55,511 | -48,599 | -73,348 | -57,886 | -86,588 | -88,994 | -46,651 | -26,105 | -10,620 | -3,732 | |
14P |
-41,571 | -55,511 | -48,599 | -73,348 | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | 0.4 | 0.5 | 0.5 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | 648 | 760 | 1,022 | |
| Document | |||||||||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-02-2026.
2025 annual accounts filed 27 days after the deadline. Filed on 27 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00046249.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 27-02-2026 | 2026-00046249 | |
| 30-06-2024 | micro format | 17-02-2025 | 2025-00036158 | |
| 30-06-2023 | micro format | 14-02-2024 | 2024-00030657 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00022552 | |
| 30-06-2021 | abbreviated format | 04-01-2022 | 2022-00300172 | |
| 30-06-2020 | abbreviated format | 28-01-2021 | 2021-03900584 | |
| 30-06-2019 | abbreviated format | 29-01-2020 | 2020-02900261 | |
| 30-06-2018 | abbreviated format | 31-01-2019 | 2019-04400397 | |
| 30-06-2017 | micro format | 31-01-2018 | 2018-04200374 | |
| 30-06-2016 | abbreviated format | 28-02-2017 | 2017-05700010 | |
| 30-06-2015 | abbreviated format | 03-02-2016 | 2016-03800551 | |
| 30-06-2014 | abbreviated format | 30-01-2015 | 2015-03400165 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €2,000 | €2,000 |
| 2022 | 1 | €2,000 | €2,000 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15,080 | 15,730 | -5,870 | 25,594 | -14,569 | 29,736 | 3,351 | -41,401 | -979 | 507 | 8,626 | 8,884 | ||
| 15,038 | 15,635 | -5,969 | 25,539 | -14,672 | 29,669 | 3,302 | -41,361 | -2,563 | 2,222 | 8,229 | 7,636 | ||
| 2,180 | 0 | 4,524 | 0 | 0 | 3,951 | 2,500 | 8,400 | 1,384 | 23,031 | 18,741 | 62,142 | ||
| 14,771 | 2,054 | -8,625 | 10,930 | -15,637 | 14,429 | 6,194 | 683 | -2,620 | 1,556 | -17,807 | - | ||
| -35,358 | -48,216 | -63,851 | -53,358 | -78,897 | -64,225 | -92,443 | -93,245 | -86,161 | -82,214 | -58,818 | -48,306 | ||
| -31.6% | -93.2% | -157.0% | -110.1% | -242.2% | -126.5% | -287.6% | -481.8% | -79.7% | -23.7% | -6.4% | 3.2% | ||
| 0.62 | 0.34 | 0.21 | 0.34 | 0.17 | 0.31 | 0.15 | 0.07 | 0.06 | 0.21 | 0.20 | 0.35 | ||
| 0.55 | 0.25 | 0.15 | 0.29 | 0.14 | 0.30 | 0.14 | 0.06 | 0.05 | 0.19 | 0.16 | 0.32 | ||
| - | - | - | - | - | - | - | - | - | - | - | 30.22 | ||
| - | - | - | - | - | - | - | - | - | - | - | -151.2% | ||
| 18.7% | 36.7% | -22.0% | 64.3% | -55.8% | 70.3% | 8.6% | -246.4% | -40.5% | -18.4% | -10.0% | -4.8% | ||
| over 100 | over 100 | -59.33 | over 100 | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €2,180 | - | €4,524 | - |
| €1,891 | €1,695 | €943 | €790 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 6% lower than in 2024.
Equity is negative. Debt (€92,508) exceeds the balance-sheet total (€70,285).
DEVIKA has no parent and no holdings in its annual accounts. DEVIKA shares no director with another company.
Deadline for the 2026 accounts: 31-01-2027
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 | FASFC approval |
|---|---|---|---|
| 't Lammeken registered office Brugsesteenweg 341, 9030 Ghent | 09-07-2013 | 2.221.963.459 | Bar |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44038A0640/00F004 | 191 m² | 1 · 191 m² | 10.1 m · 2 |
If something looks wrong or is missing, please tell us.