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DEVISCH W. SECRETARIAAT

Active
Private limited companyfounded 1976active for 50 yearsChristinastraat 98, 8400 Oostende, BelgiumKBO/BCE: BE 0416.261.444
Summary

DEVISCH W. SECRETARIAAT has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,089 and a net result of €2,735. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 30% of 38,983 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
8th oldest company in Ostend, Professional and technical services sector1 site
Size
€82,567total assets 2025
Equity
€25,089
Profit
€2,735
Turnover not published (micro format)
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 8 days early1 of 5 deeds read
Why 91lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €82,567Liquidity: current ratio 1.17, cash €14,539Founded in 1976Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 30% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Average
Solvency 55+3
equity 30.4% of total assets
Liquidity 44-8
short-term debt 54.9% · cash 17.6%
Profitability 73+4
return on assets 3.3%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (48,384 companies, NACE 70, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: < 0.1%▼ -0.2 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.17, compared with 1.21 in 2024, below the usual 1.5; short-term debt: 54.9% and cash: 17.6% of total assets), and 69.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 31% on solvency, 24% on liquidity and 37% on profitability.

The bankruptcy probability was computed on 20-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €82,567
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.17, cash €14,539
NBB · annual accounts
lowers risk · Founded in 1976
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
56 days early
2023
50 days early
2022
34 days early
2021
38 days early
2020
50 days early
2019
56 days 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 42 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Amendment of the articlesPower of attorney
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: 8th oldest company in Ostend, Professional and technical services sectorin the Checked rankings No. 8 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €2,735 7 years View
  • Active since 1976founded 03-08-1976 50 years View

By topic

Financials

Financial year
2025
Total assets
€82,567
Profit
€2,735
Solvency
30.4%
Total assets▼ 1.1%
Net result
20192025
Go to Financials

Timeline

Events
50
Since
1978
  1. 30-09-2024Weakest financial year
  2. 11-03-2024Annual accounts filed
  3. 27-03-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
03-08-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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