Equity
-€88,168
Debts exceed assets in financial year 2025.
Devine
Lifetime
12 annual accounts with figures on one time axispeak €103,272 (2016)
-€16,391▲ €10,950
lowest -€100,123 (2015)
-€18,556▲ €9,980
peak €18,758 (2017)
-€88,168▼ €18,556
€128,369▲ 25.9%
Board3 names since 2018
1 director
Documentsfilings and deeds
02-09-202633 days late
2025abbreviated format
Gross margin from -€27,341 to -€16,391Loss of €18,556Equity from -€69,612 to -€88,168Debts from €101,962 to €128,369Cash from €11,624 to €5,622
Key points
from the 2025 annual accountsLosses
-€106,926 in eight years
Every financial year from 2018 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€128,369 319% of the balance sheet
Suppliers 10%Taxes and wages 0%Other 89%
Filings
12 annual accounts since 2014
Five of the last ten came late. The 2017 accounts came latest: 688 days after the end of the period.
At the same address
257 companies
Position in the sector
-219.3%
Lower solvency than 95% of companies in real estate. Sector median 30.2% · 12,423 companies.
Turnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,909 companies had the same profile as Devine has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
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 6,909 companies, not a prediction for Devine. 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.
Credit verdict
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Signals
Recent changes
New director
appointed, resigned · Permanent representative: · Director discharge: (director (not named in the articles)) · General meeting of 01-03-2023 · Gazette deed
New manager
appointed, resigned · Director discharge: (manager) · General meeting of 29-03-2018 · Gazette deed
Registered office moved from Antwerp to Brussels
New registered office: Drukpersstraat 4, 1000 Brussel, België · Previous registered office: De Keyserlei 5, 2018 Antwerpen · General meeting of 29-09-2015 · Gazette deed
Incorporation
published on 02-07-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Devine Brussels | - | - | -219.3% | - |
| RENTACAB Molenbeek-Saint-Jean | - | - | 78.8% | - |
| Louvain la Neuve City Centre Ixelles | €89,926 | - | -1709.3% | - |
| Groot-Bijgaarden Centre Ixelles | €240,165 | 0.1% | -1042.5% | - |
| BKK Schilde | - | - | 91.7% | - |
| CEFRA Aalst | - | - | -5.7% | - |
| EVRIPOS Liège | - | - | -33.9% | - |
These companies have the same main activity as Devine: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €36,500 and €61,100, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 18-06-2013Normal situation
- Registered office
- 259 active companies are registered at this address6 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.258.358.5521000 Brussels, since 18-06-2013
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on Devine
Devine files the abbreviated format. That format states no turnover. The gross margin fell from -€46 in 2014 to -€16,391 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Devine
- What is the company number of Devine?
- The company number of Devine is 0535.866.701. The VAT number is the same number with BE in front: BE 0535.866.701.
- Where is Devine based?
- The registered office is at Drukpersstraat 4, 1000 Brussels.Company details
- What does Devine do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Devine?
- Devine is a private limited company (pre-2019) (BVBA).
- When was Devine founded?
- Devine was founded on 18-06-2013.
- Is Devine still active?
- Yes, Devine is an active enterprise in the KBO register.
- What is the turnover of Devine?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Devine profitable?
- In financial year 2025, Devine made a loss of €18,556.
- Where can I find the annual accounts of Devine?
- Devine filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Devine due?
- Devine must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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