DEVITS Consulting
ActiveSummary
DEVITS Consulting has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €89,188 and a net result of €88,188. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 30% of 37951 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency58▼-42
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.44 against 27.44 in 2023; short-term debt: 66.7% and cash: 53.2% of total assets), and 66.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
54 d late
2022
9 d early
2021
18 d early
2020
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€89,188▼ 53.7%
2023 · €192,428
Total assets
€268,157▲ 34.6%
2023 · €199,220
Net result
€88,188▲ 35.4%
2023 · €65,117
Working capital
€79,222▼ 55.9%
2023 · €179,564
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€128,565-€72,938▼ 43.3%€119,318▲ 63.6%€91,901▼ 23.0%€114,158▲ 24.2%
Net result€98,282-€56,692▼ 42.3%€91,337▲ 61.1%€65,117▼ 28.7%€88,188▲ 35.4%
Equity€99,282-€155,974▲ 57.1%€247,311▲ 58.6%€192,428▼ 22.2%€89,188▼ 53.7%
Total assets€135,957-€198,141▲ 45.7%€274,105▲ 38.3%€199,220▼ 27.3%€268,157▲ 34.6%
Debt€36,675-€42,167▲ 15.0%€26,794▼ 36.5%€6,791▼ 74.7%€178,969▲ 2,535%
Working capital€97,126-€168,898▲ 73.9%€232,352▲ 37.6%€179,564▼ 22.7%€79,222▼ 55.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 24% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €268,157
Fixed assets
€10,066 ▼ 21.8%
Current assets
€258,091 ▲ 38.5%
Equity and liabilities €268,157
Equity
€89,188 ▼ 53.7%
Debt
€178,969 ▲ 2,535%
Debt's share of the balance-sheet total rises from 3.4% to 66.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€116,956▲
2023 · €95,047
Cash flow
€90,986▲
2023 · €68,263
Current ratio
1.44▼
2023 · 27.44
Debt to equity
2.01▲
2023 · 0.04
ROE
98.9%▲
2023 · 33.8%
ROA
32.9%▲
2023 · 32.7%
Interest coverage
119.87▲
2023 · 87.15
Debt ≤ 1 year
€178,869▲
2023 · €6,791
Income taxes
€25,451▼
2023 · €25,695
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,487 | €1,048 | €3,435 | €3,146 | €2,798 | ▼ 11.1% |
| Other operating charges640/8 | - | €646 | €1,079 | €1,437 | €1,933 | ▲ 34.5% |
| Gross operating margin9900 | €131,659 | €74,631 | €123,832 | €96,485 | €118,889 | ▲ 23.2% |
| Operating profit (loss)9901 | €128,565 | €72,938 | €119,318 | €91,901 | €114,158 | ▲ 24.2% |
| Financial income75/76B | - | €368 | €450 | €1 | €457 | ▲ 45,575% |
| Recurring financial income75 | €85 | €368 | €450 | €1 | €457 | ▲ 45,575% |
| Financial charges65/66B | - | €836 | €946 | €1,091 | €976 | ▼ 10.5% |
| Recurring financial charges65 | €58 | €836 | €946 | €1,091 | €976 | ▼ 10.5% |
| Profit (loss) for the period before taxes9903 | €128,592 | €72,470 | €118,822 | €90,811 | €113,639 | ▲ 25.1% |
| Income taxes67/77 | €30,310 | €15,777 | €27,485 | €25,695 | €25,451 | ▼ 0.9% |
| Profit (loss) for the period9904 | €98,282 | €56,692 | €91,337 | €65,117 | €88,188 | ▲ 35.4% |
| Profit (loss) for the period to be appropriated9905 | €98,282 | €56,692 | €91,337 | €65,117 | €88,188 | ▲ 35.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €135,957 | €198,141 | €274,105 | €199,220 | €268,157 | ▲ 34.6% |
| Fixed assets21/28 | €2,626 | €10,947 | €15,229 | €12,864 | €10,066 | ▼ 21.8% |
| Tangible fixed assets22/27 | €2,626 | €10,947 | €15,229 | €12,864 | €10,066 | ▼ 21.8% |
| Furniture and vehicles24 | - | €3,638 | €5,198 | €3,882 | €2,241 | ▼ 42.3% |
| Other tangible fixed assets26 | - | €7,309 | €10,032 | €8,982 | €7,825 | ▼ 12.9% |
| Current assets29/58 | €133,332 | €187,194 | €258,876 | €186,356 | €258,091 | ▲ 38.5% |
| Amounts receivable after more than one year29 | - | €45,000 | €45,000 | €0 | - | - |
| Other amounts receivable291 | - | €45,000 | €45,000 | €0 | - | - |
| Amounts receivable within one year40/41 | €35,699 | €53,582 | €21,078 | €5,532 | €115,051 | ▲ 1,980% |
| Trade receivables40 | - | €36,825 | €20,056 | €0 | €114,950 | - |
| Other amounts receivable41 | - | €16,758 | €1,022 | €5,532 | €101 | ▼ 98.2% |
| Cash at bank and in hand54/58 | €67,367 | €88,344 | €192,506 | €180,516 | €142,723 | ▼ 20.9% |
| Deferred charges and accrued income490/1 | - | €268 | €292 | €308 | €317 | ▲ 3.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €135,957 | €198,141 | €274,105 | €199,220 | €268,157 | ▲ 34.6% |
| Equity10/15 | €99,282 | €155,974 | €247,311 | €192,428 | €89,188 | ▼ 53.7% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €98,282 | €154,974 | €246,311 | €191,428 | €88,188 | ▼ 53.9% |
| Distributable reserves133 | - | €154,974 | €246,311 | €191,428 | €88,188 | ▼ 53.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €36,675 | €42,167 | €26,794 | €6,791 | €178,969 | ▲ 2,535% |
| Amounts payable within one year42/48 | €36,205 | €18,296 | €26,524 | €6,791 | €178,869 | ▲ 2,534% |
| Trade debts44 | €526 | €2,258 | €2,822 | €1,045 | €3,174 | ▲ 204% |
| Suppliers440/4 | - | €2,258 | €2,822 | €1,045 | €3,174 | ▲ 204% |
| Taxes, remuneration and social security45 | - | €15,865 | €23,702 | €5,746 | €39,897 | ▲ 594% |
| Taxes450/3 | - | €15,865 | €23,702 | €5,746 | €39,897 | ▲ 594% |
| Other amounts payable47/48 | - | €173 | - | - | €135,797 | - |
| Accrued charges and deferred income492/3 | - | €23,871 | €270 | €0 | €100 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €98,282 | €56,692 | €91,337 | €65,117 | €88,188 | ▲ 35.4% |
| + Depreciation and write-downs630 | €1,487 | €1,048 | €3,435 | €3,146 | €2,798 | ▼ 11.1% |
| Operating cash flow (approximation) | €99,769 | €57,740 | €94,772 | €68,263 | €90,986 | ▲ 33.3% |
| Investment in fixed assets (approximation) | - | -€9,369 | -€7,718 | -€781 | €0 | ▲ 100% |
| Change in cash | - | €20,977 | €104,162 | -€11,990 | -€37,793 | ▼ 215% |
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 27.44
Current ratio from 9.76 to 27.44; short-term debt falls from €26,524 to €6,791.
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €247,311 ▲58.6%
3 profitable years in a row build equity to €247,311.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €56,692 ▼42.3%
Net result drops to €56,692, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 10.23
Current ratio from 3.68 to 10.23; short-term debt falls from €36,205 to €18,296.
31-12
Financial
Equity above €150,000Eq €155,974 ▲57.1%
2 profitable years in a row build equity to €155,974.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Roosdaal · 1 establishment unit since 2019
Ground area
820 m²
Building footprint
165 m²
Parcel 23723B0149/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
DEVITS Consulting
since 20192.300.566.519
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23723B0149/00G000 | Flanders | 820 m² | 1 · 165 m² | - |
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.
Similar companies · same sector, comparable size
BOIS N'MED
BE 0805.628.352
Somme-Leuze · Eq €89,194
HAVET THIERRY
BE 0680.887.738
Welkenraedt · Eq €89,196
KN CONSULTING
BE 0589.978.051
Ranst · Eq €89,171
LionAGE
BE 0633.820.764
Waterloo · Eq €89,169
H.W Vilvoorde
BE 0681.929.103
Vilvoorde · Eq €89,212
Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 40,427 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
Founded06-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.