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DEVIS INTERIOR PROJECTS

Active
Private limited company (pre-2019)founded 200818 yrs activeBrusselbaan 17, 1790 Affligem, BelgiumKBO/BCE: BE 0894.833.809
Summary

DEVIS INTERIOR PROJECTS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €492,660 and a net result of €4,793. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 9046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability70▼-5
Solvency100▲+20
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 5.68 against 2.27 in 2023; short-term debt: 13.1% and cash: 44.5% of total assets), and 21.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 filings
Deviation from the deadline
2025
not confirmed
2024
70 d late
2023
68 d late
2022
69 d late
2021
79 d late
2020
88 d late
2019
120 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 82 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 January 2008, DEVIS INTERIOR PROJECTS was incorporated.1 Total assets went from EUR 1.1 million in 2018 to EUR 628,597 in 2024 and headcount from 1.8 to 64,061 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€492,660▲ 1.0%
2023 · €487,868
Total assets
€628,597▼ 29.7%
2023 · €894,136
Net result
€4,793▼ 89.6%
2023 · €46,140
Working capital
€383,748▼ 1.9%
2023 · €391,339
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€14,722▼ 75.8%€22,922▲ 55.7%€44,161▲ 92.7%€54,520▲ 23.5%€4,005▼ 92.7%
Net result€16,030▼ 62.0%€14,044▼ 12.4%€38,774▲ 176%€46,140▲ 19.0%€4,793▼ 89.6%
Equity€395,342▲ 4.2%€409,386▲ 3.6%€441,729▲ 7.9%€487,868▲ 10.4%€492,660▲ 1.0%
Total assets€962,070▼ 13.5%€1.1m▲ 11.7%€1.2m▲ 14.5%€894,136▼ 27.4%€628,597▼ 29.7%
Debt€486,604▼ 25.5%€585,495▲ 20.3%€708,911▲ 21.1%€326,144▼ 54.0%€95,813▼ 70.6%
Working capital€551,881▼ 4.9%€534,231▼ 3.2%€519,034▼ 2.8%€391,339▼ 24.6%€383,748▼ 1.9%
Staff (FTE)2=2=2=1▼ 50.0%64,060.7▲ 6,405,970%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2020: €14,722€14,722Net result 2020: €16,030€16,030Operating result 2021: €22,922€22,922Net result 2021: €14,044€14,044Operating result 2022: €44,161€44,161Net result 2022: €38,774€38,774Operating result 2023: €54,520€54,520Net result 2023: €46,140€46,140Operating result 2024: €4,005€4,005Net result 2024: €4,793€4,79320202021202220232024€0€20,000€40,000€60,000Operating result 2022: €44,161€44,200Net result 2022: €38,774€38,800Operating result 2023: €54,520€54,500Net result 2023: €46,140€46,100Operating result 2024: €4,005€4,010Net result 2024: €4,793€4,790202220232024
The operating result falls in 2024; 2024 is 93% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €628,597
Fixed assets €162,792 ▼ 16.3%
Current assets €465,805 ▼ 33.4%
Equity and liabilities €628,597
Equity €492,660 ▲ 1.0%
Provisions €40,124 ▼ 49.9%
Debt €95,813 ▼ 70.6%
Debt's share of the balance-sheet total falls from 36.5% to 15.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€41,209▼
2023 · €90,906
Cash flow
€41,997▼
2023 · €82,526
Current ratio
5.68▲
2023 · 2.27
Quick ratio
4.69▲
2023 · 1.46
Debt to equity
0.19▼
2023 · 0.67
ROE
1.0%▼
2023 · 9.5%
ROA
0.8%▼
2023 · 5.2%
Interest coverage
19.35▼
2023 · 28.07
Debt ≤ 1 year
€82,057▼
2023 · €308,273
Income taxes
€1,619▼
2023 · €13,193
Staff costs
€64,061▼
2023 · €67,272
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 135 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 92% are still going.

  • Large
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0% went bankrupt
8.1% stopped otherwise
92% still going

For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 135 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet Code20232024
Assets
Total assets20/58€894,136€628,597▼
Fixed assets21/28€194,524€162,792▼
Tangible fixed assets22/27€194,026€162,294▼
Land and buildings22€183,284€149,989▼
Plant, machinery and equipment23€9,160€11,143▲
Furniture and vehicles24€1,582€1,162▼
Financial fixed assets28€498€498=
Current assets29/58€699,612€465,805▼
Stocks and contracts in progress3€247,993€80,837▼
Stocks30/36€67,517€68,969▲
Contracts in progress37€180,476€11,868▼
Amounts receivable within one year40/41€101,883€104,442▲
Trade receivables40€92,925€103,221▲
Other amounts receivable41€8,958€1,221▼
Cash at bank and in hand54/58€340,955€279,967▼
Deferred charges and accrued income490/1€8,781€559▼
Equity and liabilities
Total equity and liabilities10/49€894,136€628,597▼
Equity10/15€487,868€492,660▲
Contributions10/11€100,000€100,000=
Reserves13€34,478€34,477=
Non-distributable reserves130/1€10,000€10,000=
Reserves not available under the articles1311€10,000€10,000=
Tax-exempt reserves132€665€664▼
Distributable reserves133€23,813€23,813=
Profit (loss) carried forward14€353,390€358,183▲
Provisions and deferred taxes16€80,124€40,124▼
Provisions for liabilities and charges160/5€80,124€40,124▼
Pensions and similar obligations160€40,000-
Major repairs and maintenance162€21,115€21,115=
Other liabilities and charges164/5€19,009€19,009=
Amounts payable17/49€326,144€95,813▼
Amounts payable within one year42/48€308,273€82,057▼
Current portion of amounts payable after more than one year42€41,643-
Trade debts44€35,211€35,451▲
Suppliers440/4€35,211€35,451▲
Advances received on contracts in progress46€191,329€15,523▼
Taxes, remuneration and social security45€32,361€29,084▼
Taxes450/3€4,767€1,619▼
Remuneration and social security454/9€27,594€27,465▼
Other amounts payable47/48€7,729€1,999▼
Accrued charges and deferred income492/3€17,871€13,756▼
Income statement Code20232024
Remuneration, social security and pensions62€67,272€64,061▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,386€37,204▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€10,554-
Other operating charges640/8€8,184€8,159▼
Non-recurring operating charges66A€11,792€44▼
Gross operating margin9900€167,600€113,473▼
Operating profit (loss)9901€54,520€4,005▼
Financial income75/76B€8,052€4,537▼
Recurring financial income75€8,052€4,537▼
Financial charges65/66B€3,239€2,130▼
Recurring financial charges65€3,239€2,130▼
Profit (loss) for the period before taxes9903€59,333€6,412▼
Income taxes67/77€13,193€1,619▼
Profit (loss) for the period9904€46,140€4,793▼
Profit (loss) for the period to be appropriated9905€46,140€4,793▼
Appropriation of the result
Profit (loss) to be appropriated9906€353,390€358,183▲
Profit (loss) brought forward from the previous period14P€307,250€353,390▲
Social balance
Average headcount (FTE)90871.064,060.7▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€105,137€78,746€67,272€64,061▼ 4.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,559€19,168€19,313€36,386€37,204▲ 2.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€10,554-€10,554--
Other operating charges640/8-€6,507€6,500€8,184€8,159▼ 0.3%
Non-recurring operating charges66A-€3,033€37€11,792€44▼ 99.6%
Gross operating margin9900€128,280€156,767€159,311€167,600€113,473▼ 32.3%
Operating profit (loss)9901€14,722€22,922€44,161€54,520€4,005▼ 92.7%
Financial income75/76B-€3,228€6,342€8,052€4,537▼ 43.7%
Recurring financial income75€4,713€3,228€6,342€8,052€4,537▼ 43.7%
Financial charges65/66B-€8,124€5,729€3,239€2,130▼ 34.2%
Recurring financial charges65€10,484€8,124€5,729€3,239€2,130▼ 34.2%
Profit (loss) for the period before taxes9903€17,751€18,026€44,774€59,333€6,412▼ 89.2%
Transfer from deferred taxes780--€6,432---
Income taxes67/77€1,721€3,982€12,432€13,193€1,619▼ 87.7%
Profit (loss) for the period9904€16,030€14,044€38,774€46,140€4,793▼ 89.6%
Profit (loss) for the period to be appropriated9905€16,030€14,044€38,774€46,140€4,793▼ 89.6%
Line20202021202220232024Change
Assets
Total assets20/58€962,070€1.1m€1.2m€894,136€628,597▼ 29.7%
Fixed assets21/28€261,425€246,124€230,910€194,524€162,792▼ 16.3%
Tangible fixed assets22/27€260,927€245,626€230,412€194,026€162,294▼ 16.4%
Land and buildings22-€232,610€216,579€183,284€149,989▼ 18.2%
Plant, machinery and equipment23-€10,594€11,831€9,160€11,143▲ 21.6%
Furniture and vehicles24-€2,422€2,002€1,582€1,162▼ 26.5%
Financial fixed assets28€498€498€498€498€498=
Current assets29/58€700,645€828,881€999,854€699,612€465,805▼ 33.4%
Stocks and contracts in progress3€81,362€208,274€404,975€247,993€80,837▼ 67.4%
Stocks30/36-€97,251€82,707€67,517€68,969▲ 2.2%
Contracts in progress37-€111,023€322,268€180,476€11,868▼ 93.4%
Amounts receivable within one year40/41€109,575€191,779€151,797€101,883€104,442▲ 2.5%
Trade receivables40-€186,297€150,814€92,925€103,221▲ 11.1%
Other amounts receivable41-€5,482€983€8,958€1,221▼ 86.4%
Cash at bank and in hand54/58€445,480€413,749€425,209€340,955€279,967▼ 17.9%
Deferred charges and accrued income490/1-€15,079€17,873€8,781€559▼ 93.6%
Equity and liabilities
Total equity and liabilities10/49€962,070€1.1m€1.2m€894,136€628,597▼ 29.7%
Equity10/15€395,342€409,386€441,729€487,868€492,660▲ 1.0%
Contributions10/11€100,000€100,000€100,000€100,000€100,000=
Capital10-€100,000----
Issued capital100-€100,000----
Reserves13€40,909€40,909€34,478€34,478€34,477=
Non-distributable reserves130/1-€10,000€10,000€10,000€10,000=
Legal reserve130-€10,000----
Reserves not available under the articles1311--€10,000€10,000€10,000=
Tax-exempt reserves132-€7,096€665€665€664▼ 0.2%
Distributable reserves133-€23,813€23,813€23,813€23,813=
Profit (loss) carried forward14€254,433€268,477€307,251€353,390€358,183▲ 1.4%
Provisions and deferred taxes16€80,124€80,124€80,124€80,124€40,124▼ 49.9%
Provisions for liabilities and charges160/5-€80,124€80,124€80,124€40,124▼ 49.9%
Pensions and similar obligations160-€40,000€40,000€40,000--
Major repairs and maintenance162-€21,115€21,115€21,115€21,115=
Other liabilities and charges164/5-€19,009€19,009€19,009€19,009=
Amounts payable17/49€486,604€585,495€708,911€326,144€95,813▼ 70.6%
Amounts payable after more than one year17€190,119€127,653€65,189---
Financial debts170/4-€127,653€65,189---
Amounts payable within one year42/48€148,764€294,650€480,820€308,273€82,057▼ 73.4%
Current portion of amounts payable after more than one year42-€62,825€62,825€41,643--
Trade debts44€31,431€50,267€25,043€35,211€35,451▲ 0.7%
Suppliers440/4-€50,267€25,043€35,211€35,451▲ 0.7%
Advances received on contracts in progress46-€145,967€343,520€191,329€15,523▼ 91.9%
Taxes, remuneration and social security45-€30,069€45,581€32,361€29,084▼ 10.1%
Taxes450/3-€13,150€9,655€4,767€1,619▼ 66.0%
Remuneration and social security454/9-€16,919€35,926€27,594€27,465▼ 0.5%
Other amounts payable47/48-€5,522€3,851€7,729€1,999▼ 74.1%
Accrued charges and deferred income492/3-€163,192€162,902€17,871€13,756▼ 23.0%
Line20202021202220232024Change
Profit (loss) for the period9904€16,030€14,044€38,774€46,140€4,793▼ 89.6%
+ Depreciation and write-downs630€18,559€19,168€19,313€36,386€37,204▲ 2.2%
Operating cash flow (approximation)€34,589€33,212€58,087€82,526€41,997▼ 49.1%
Investment in fixed assets (approximation)--€3,867-€4,099€0-€5,472-
Change in cash--€31,731€11,460-€84,254-€60,988▲ 27.6%

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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Timeline · acts, filings and financial milestones

2025
09-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 70 days late
2024
31-12
Financial Weakest financial yearnet €4,793 ▼89.6%
Net result drops to €4,793, the lowest in the series.
31-12
Financial Liquidity triplescurrent ratio 5.68
Current ratio from 2.27 to 5.68; short-term debt falls from €308,273 to €82,057.
07-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
08-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 69 days late
2022
18-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 79 days late
2021
27-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
28-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 120 days late
2019
09-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 70 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
05-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Affligem · 2 establishment units since 2008
seat establishment All 2 establishment units on the map
Ground area
2,458 m²
Building footprint
696 m²
Volume, LiDAR
4,837 m³
2 parcels, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
FIRMA DE VIS
Brusselbaan 17, 1790 AffligemManufacture of other builders' carpentry and joinery
since 20082.169.769.244
FIRMA DE VIS
Overpoortstraat 24, 9000 GentManufacture of other builders' carpentry and joinery
since 20092.175.372.775
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23030A0847/00C000 Flanders 1,921 m² 1 · 220 m² 8.8 m · 2 fl.
44805E0632/00M000 Flanders 537 m² 1 · 476 m² 13.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Dual-learning approval

1 live approval
Interieurbouwer duaal (so)
Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Of 334 companies in sector 46471 we hold annual accounts for 189. 123 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded11-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46471Wholesale trade
47551Retail sale of household furniture
46431Wholesale of electrical household appliances and audio-video equipment
46472Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0894833809
Also 9925:BE0894833809
Registered 26-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.