DEVISÉ C&K
ActiveSummary
DEVISÉ C&K has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180,709 and a net result of -€145,090. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 17% of 8085 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-22
Solvency34▼-5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.06 against 1.15 in 2024; short-term debt: 89.1% and cash: 0.8% of total assets), and 90.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.1%
Return on assets
-7.3%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 8085 sector peers (2025).
NBB · sector comparisonPosition among 8085 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
73 d early
2023
51 d early
2022
68 d early
2021
70 d early
2020
76 d early
2019
38 d 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 61 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€180,709▼ 44.5%
2024 · €325,799
Total assets
€2.0m▼ 12.3%
2024 · €2.3m
Net result
-€145,090
2024 · €7,909
Working capital
€113,628▼ 59.9%
2024 · €283,030
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
Line20212022202320242025
Operating result€67,165▲ 352%-€90,216-€56,116▲ 37.8%€40,420-€89,875
Net result€40,751▲ 165%-€61,236-€32,054▲ 47.7%€7,909-€145,090
Equity€411,180▲ 11.0%€349,944▼ 14.9%€317,890▼ 9.2%€325,799▲ 2.5%€180,709▼ 44.5%
Total assets€1.8m▼ 5.4%€1.9m▲ 3.9%€2.1m▲ 6.9%€2.3m▲ 10.9%€2.0m▼ 12.3%
Debt€1.4m▼ 9.2%€1.6m▲ 9.3%€1.7m▲ 10.5%€2.0m▲ 12.4%€1.8m▼ 6.9%
Working capital€441,816▲ 21.8%€371,374▼ 15.9%€322,022▼ 13.3%€283,030▼ 12.1%€113,628▼ 59.9%
Staff (FTE)9.6▼ 6.8%9.7▲ 1.0%8.3▼ 14.4%8.2▼ 1.2%8.3▲ 1.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €89,875 after €40,420 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€103,851 ▼ 31.8%
Current assets
€1.9m ▼ 10.9%
Equity and liabilities €2.0m
Equity
€180,709 ▼ 44.5%
Debt
€1.8m ▼ 6.9%
Debt's share of the balance-sheet total rises from 85.7% to 90.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€39,993▼
2024 · €89,604
Cash flow
-€95,208▼
2024 · €57,093
Current ratio
1.06▼
2024 · 1.15
Quick ratio
0.20▼
2024 · 0.40
Debt to equity
10.05▲
2024 · 5.99
ROE
-80.3%▼
2024 · 2.4%
ROA
-7.3%▼
2024 · 0.3%
Interest coverage
-0.51▼
2024 · 1.51
Debt ≤ 1 year
€1.8m▼
2024 · €1.8m
Debt > 1 year
€36,770▼
2024 · €100,741
Income taxes
-€111▼
2024 · €801
Staff costs
€455,810▲
2024 · €423,167
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €404,411 | €385,746 | €423,167 | €455,810 | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,819 | €47,394 | €37,273 | €49,184 | €49,882 | ▲ 1.4% |
| Other operating charges640/8 | - | €6,383 | €20,021 | €36,256 | €12,169 | ▼ 66.4% |
| Gross operating margin9900 | €473,278 | €367,972 | €386,924 | €549,027 | €427,986 | ▼ 22.0% |
| Operating profit (loss)9901 | €67,165 | -€90,216 | -€56,116 | €40,420 | -€89,875 | ▼ 322% |
| Financial income75/76B | - | €57,562 | €66,517 | €27,755 | €23,659 | ▼ 14.8% |
| Recurring financial income75 | €6,289 | €50,616 | €35,864 | €27,755 | €23,659 | ▼ 14.8% |
| Non-recurring financial income76B | - | €6,946 | €30,653 | - | - | - |
| Financial charges65/66B | - | €28,305 | €42,438 | €59,465 | €78,985 | ▲ 32.8% |
| Recurring financial charges65 | -€7,374 | €28,305 | €42,438 | €59,465 | €78,985 | ▲ 32.8% |
| Profit (loss) for the period before taxes9903 | €48,789 | -€60,959 | -€32,037 | €8,710 | -€145,201 | ▼ 1,767% |
| Income taxes67/77 | €8,038 | €277 | €17 | €801 | -€111 | ▼ 114% |
| Profit (loss) for the period9904 | €40,751 | -€61,236 | -€32,054 | €7,909 | -€145,090 | ▼ 1,934% |
| Profit (loss) for the period to be appropriated9905 | €40,751 | -€61,236 | -€32,054 | €7,909 | -€145,090 | ▼ 1,934% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.9m | €2.1m | €2.3m | €2.0m | ▼ 12.3% |
| Fixed assets21/28 | €189,954 | €148,000 | €179,547 | €152,310 | €103,851 | ▼ 31.8% |
| Tangible fixed assets22/27 | €189,954 | €148,000 | €179,547 | €152,310 | €103,851 | ▼ 31.8% |
| Plant, machinery and equipment23 | - | €75,719 | €65,282 | €60,545 | €43,921 | ▼ 27.5% |
| Furniture and vehicles24 | - | €26,795 | €81,059 | €70,839 | €51,284 | ▼ 27.6% |
| Leasing and similar rights25 | - | €45,486 | €33,206 | €20,926 | €8,646 | ▼ 58.7% |
| Current assets29/58 | €1.7m | €1.8m | €1.9m | €2.1m | €1.9m | ▼ 10.9% |
| Stocks and contracts in progress3 | €1.3m | €1.4m | €1.4m | €1.4m | €1.5m | ▲ 11.0% |
| Stocks30/36 | - | €1.4m | €1.4m | €1.4m | €1.5m | ▲ 11.0% |
| Amounts receivable within one year40/41 | €346,661 | €344,206 | €458,990 | €699,852 | €333,131 | ▼ 52.4% |
| Trade receivables40 | - | €344,206 | €417,186 | €642,438 | €242,178 | ▼ 62.3% |
| Other amounts receivable41 | - | - | €41,804 | €57,414 | €90,953 | ▲ 58.4% |
| Cash at bank and in hand54/58 | €44,514 | €22,935 | €17,510 | €28,320 | €15,698 | ▼ 44.6% |
| Deferred charges and accrued income490/1 | - | €6,648 | €7,485 | €11,626 | €7,329 | ▼ 37.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.9m | €2.1m | €2.3m | €2.0m | ▼ 12.3% |
| Equity10/15 | €411,180 | €349,944 | €317,890 | €325,799 | €180,709 | ▼ 44.5% |
| Contributions10/11 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Reserves13 | €261,180 | €199,944 | €167,890 | €175,799 | €30,709 | ▼ 82.5% |
| Distributable reserves133 | - | €199,944 | €167,890 | €175,799 | €30,709 | ▼ 82.5% |
| Amounts payable17/49 | €1.4m | €1.6m | €1.7m | €2.0m | €1.8m | ▼ 6.9% |
| Amounts payable after more than one year17 | €218,703 | €165,222 | €176,127 | €100,741 | €36,770 | ▼ 63.5% |
| Financial debts170/4 | - | €165,222 | €176,127 | €100,741 | €36,770 | ▼ 63.5% |
| Amounts payable within one year42/48 | €1.2m | €1.4m | €1.6m | €1.8m | €1.8m | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | - | €121,044 | €124,690 | €179,504 | €197,621 | ▲ 10.1% |
| Financial debts43 | - | €400,000 | €548,841 | €550,000 | €400,000 | ▼ 27.3% |
| Credit institutions430/8 | - | €400,000 | €548,841 | €550,000 | €400,000 | ▼ 27.3% |
| Trade debts44 | €477,727 | €700,379 | €699,644 | €945,617 | €845,228 | ▼ 10.6% |
| Suppliers440/4 | - | €700,379 | €699,644 | €945,617 | €845,228 | ▼ 10.6% |
| Taxes, remuneration and social security45 | - | €79,571 | €89,729 | €104,645 | €186,206 | ▲ 77.9% |
| Taxes450/3 | - | €54,151 | €59,456 | €70,904 | €152,542 | ▲ 115% |
| Remuneration and social security454/9 | - | €25,420 | €30,273 | €33,741 | €33,664 | ▼ 0.2% |
| Other amounts payable47/48 | - | €99,736 | €88,139 | €60,918 | €149,816 | ▲ 146% |
| Accrued charges and deferred income492/3 | - | €4,208 | €7,552 | €8,800 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,751 | -€61,236 | -€32,054 | €7,909 | -€145,090 | ▼ 1,934% |
| + Depreciation and write-downs630 | €44,819 | €47,394 | €37,273 | €49,184 | €49,882 | ▲ 1.4% |
| Operating cash flow (approximation) | €85,570 | -€13,842 | €5,219 | €57,093 | -€95,208 | ▼ 267% |
| Investment in fixed assets (approximation) | - | -€5,440 | -€68,820 | -€21,947 | -€1,423 | ▲ 93.5% |
| Change in cash | - | -€21,579 | -€5,425 | €10,810 | -€12,622 | ▼ 217% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
09-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Weakest financial yearnet -€145,090
Net result drops to -€145,090, the lowest in the series.
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Back to profitnet €7,909
Net result €7,909 after 2 loss-making years.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €40,751 ▲165%
Operating result €67,165, net result €40,751, both a record.
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Tongeren-Borgloon · 1 establishment unit since 2009
Ground area
3,310 m²
Building footprint
2,281 m²
Volume, LiDAR
11,094 m³
Parcel 73031B0566/00W000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DEVISE
since 20092.178.351.764
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73031B0566/00W000 | Flanders | 3,310 m² | 1 · 2,280 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
6 endedAdministratief medewerker (so)
Magazijnmedewerker (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Polyvalent administratief ondersteuner (vwo)
Polyvalent administratief ondersteuner duaal (so)
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Of 805 companies in sector 46610 we hold annual accounts for 566. 435 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)
Founded23-02-2009
Fiscal year end30-06
Activities, NACEBEL 2025
46610Wholesale trade
33120Repair and maintenance of machinery
46620Wholesale of machine tools
47761Retail sale of flowers, plants, seeds and fertilisers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0810060262
Also
9925:BE0810060262
Registered
03-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.