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DEVINNIETY

Active Private limited companyfounded 2017active for 8 yearsLeopoldstraat 29, 2800 MechelenKBO/BCE: BE 0685.730.315

Lifetime

8 annual accounts with figures on one time axis
peak €154,675 (2022)
-€60,046▼ €139,082
lowest -€66,961 (2025)
-€66,961▼ €124,738
peak €249,410 (2022)
-€16,658▼ €66,961
€62,771▼ 22.1%
Board1 name since 2017
1 directorROBERT Vincent
Documentsfilings and deeds
01-06-202660 days before the deadline
2025abbreviated format
Gross margin from €79,036 to -€60,046Loss of €66,961Equity from €50,303 to -€16,658Debts from €80,599 to €62,771Cash from €7,965 to €13,213

Key points

from the 2025 annual accounts

Equity

-€16,658
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

-€66,961 -€66,961
€57,8002024-€67,0002025

From profit to loss in 2025, after a profit of €57,777 in 2024.

Debts

€62,771 136% of the balance sheet
Suppliers 3%Taxes and wages 6%Other 91%

Of this, €62,581 falls due within a year.

Liquidity

0.60 was 1.48 in 2024

Short-term debts fell from €80,599 to €62,581.

Filings

8 annual accounts 2 late
AprilJune31 JulyOctober20202025

The 2020 accounts came latest: 5 days after the end of the period.

Position in the sector

-36.1%

Lower solvency than 95% of companies in architecture and engineering. Sector median 47.3% · 2,565 companies.

Turnover not published (abbreviated format)

Checked score

52
Fair
Financially stronger than 6% of micro companies in architecture and engineering (NACE 71)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 0.7%● unchanged vs 07-2026highest value 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026highest value 11-2026: 0.7%● unchanged vs 10-2026highest value

Financial strength
Weak

0-63equity -36.1% of total assets
36+11short-term debt 135.7% · cash 28.7%
0-100return on assets -145.2%

Score breakdown

raises risk
Capped at 59: negative equity
Negative equity -€16,658
Loss of €66,961 (financial year 2025)
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €46,113
Calculation

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 71, micro). It does better than 3% of them on solvency, 16% on liquidity, 4% on profitability and 2% 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 low class on 30-06-2025, 0.8% 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).

Comparable companies, two years later

In July 2024, 6,008 companies had the same profile as DEVINNIETY has now. Each dot stands for 16 companies, two years later.

83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DEVINNIETY itself is lower: 0.7% within 12 months. It rests on far more data about DEVINNIETY than the profile alone.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,008 companies, not a prediction for DEVINNIETY. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.6 (1.48 in 2024), below 1. Short-term debt is 135.7% and cash 28.7% of total assets. Equity is negative.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€16,658
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Size: total assets €46,113
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €66,961 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€16,658
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
60 days early
2024
59 days early
2023
57 days early
2022
56 days early
2021
1 day late
2020
5 days late
2019
59 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RV
Director, since 23-11-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0685730315
Capital contribution of €17,600 Legal-form conversion: to private limited company · General meeting of 27-12-2022 · Gazette deed
Appointment: ROBERT Vincent (statutory director) Gazette deed
Incorporation published on 11-12-2017 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
DEVINNIETY Mechelen €46,113 -€60,046 -36.1% -
Storm 48 Antwerp €53,687 -€1,675 -475.5% 0
.deboeck Essen €55,425 -€38,636 94.8% -
STORM 14 Antwerp €49,141 -€1,675 -751.2% 0
G.S. CONCEPT Limbourg €44,407 -€26,491 63.6% -
theGuild Lasne €51,340 -€26,700 26.9% -
Tedecon Engineering Brussel Watermael-Boitsfort €45,671 -€18,068 99.3% -

These companies have the same main activity as DEVINNIETY: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €44,400 and €55,400, founded between 2016 and 2018.

Official details

Source: KBO
Status
Active since 07-12-2017Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
Establishment unit
2.270.856.3102800 Mechelen, since 07-12-2017
Financial year end
31 December
Peppol
Reachable since 06-01-2026
Company details

Annual accounts 2025

€46,113▼ 64.8%
Filing
Filed on 01-06-2026, 60 days before the end of the filing period
Financials

Insights on DEVINNIETY

DEVINNIETY files the abbreviated format. That format states no turnover. The gross margin fell from €17,468 in 2018 to -€60,046 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 DEVINNIETY

What is the company number of DEVINNIETY?
The company number of DEVINNIETY is 0685.730.315. The VAT number is the same number with BE in front: BE 0685.730.315.
Where is DEVINNIETY based?
The registered office is at Leopoldstraat 29, 2800 Mechelen.Company details
What does DEVINNIETY do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of DEVINNIETY?
DEVINNIETY is a private limited company (BV).
When was DEVINNIETY founded?
DEVINNIETY was founded on 07-12-2017.
Is DEVINNIETY still active?
Yes, DEVINNIETY is an active enterprise in the KBO register.
What is the turnover of DEVINNIETY?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is DEVINNIETY profitable?
In financial year 2025, DEVINNIETY made a loss of €66,961.
Where can I find the annual accounts of DEVINNIETY?
DEVINNIETY filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEVINNIETY due?
DEVINNIETY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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