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DEVITS Consulting

Active
Private limited companyfounded 2019active for 6 yearsWitteweg 14, 1760 Roosdaal, BelgiumKBO/BCE: BE 0738.833.360
Summary

DEVITS Consulting has been active since 2019 and the Belgian Official 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 about 5% per year across the filed financial years. Its solvency ranks better than 30% of 37,587 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 17 October 2026.

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

2020 to 2024, 5 financial years

The operating result recovers in 2024; 2024 is 24% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€114,158 2024 Net result€88,188 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial 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€98,282above the sector's middle half-€56,692within the sector's middle half▼ 42.3%€91,337above the sector's middle half▲ 61.1%€65,117above the sector's middle half▼ 28.7%€88,188above the sector's middle half▲ 35.4%
Equity€99,282within the sector's middle half-€155,974within the sector's middle half▲ 57.1%€247,311above the sector's middle half▲ 58.6%€192,428within the sector's middle half▼ 22.2%€89,188within the sector's middle half▼ 53.7%
Total assets€135,957within the sector's middle half-€198,141within the sector's middle half▲ 45.7%€274,105within the sector's middle half▲ 38.3%€199,220within the sector's middle half▼ 27.3%€268,157within the sector's middle half▲ 34.6%
Debt€36,675-€42,167▲ 15.0%€26,794▼ 36.5%€6,791▼ 74.7%€178,969▲ 2,535%
Working capital€97,126within the sector's middle half-€168,898above the sector's middle half▲ 73.9%€232,352above the sector's middle half▲ 37.6%€179,564above the sector's middle half▼ 22.7%€79,222within the sector's middle half▼ 55.9%
Solvency73.0%within the sector's middle half-78.7%above the sector's middle half▲ 5.7pp90.2%above the sector's middle half▲ 11.5pp96.6%above the sector's middle half▲ 6.4pp33.3%within the sector's middle half▼ 63.3pp
Current ratio3.68within the sector's middle half-10.23above the sector's middle half▲ 6.559.76above the sector's middle half▼ 0.4727.44above the sector's middle half▲ 17.681.44within the sector's middle half▼ 26.00
Return on assets (ROA)72.3%above the sector's middle half-28.6%above the sector's middle half▼ 43.7pp33.3%above the sector's middle half▲ 4.7pp32.7%above the sector's middle half▼ 0.6pp32.9%above the sector's middle half▲ 0.2pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
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
2024 value · change against 2023
EBITDA
€116,956▲
2023 · €95,047
Cash flow
€90,986▲
2023 · €68,263
Debt to equity
2.01▲
2023 · 0.04
ROE
98.9%▲
2023 · 33.8%
Interest coverage
over 100▲
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.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,975 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 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€199,220€268,157▲
Fixed assets21/28€12,864€10,066▼
Tangible fixed assets22/27€12,864€10,066▼
Furniture and vehicles24€3,882€2,241▼
Other tangible fixed assets26€8,982€7,825▼
Current assets29/58€186,356€258,091▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€5,532€115,051▲
Trade receivables40€0€114,950▲
Other amounts receivable41€5,532€101▼
Cash at bank and in hand54/58€180,516€142,723▼
Deferred charges and accrued income490/1€308€317▲
Equity and liabilities
Total equity and liabilities10/49€199,220€268,157▲
Equity10/15€192,428€89,188▼
Contributions10/11€1,000€1,000=
Reserves13€191,428€88,188▼
Distributable reserves133€191,428€88,188▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€6,791€178,969▲
Amounts payable within one year42/48€6,791€178,869▲
Trade debts44€1,045€3,174▲
Suppliers440/4€1,045€3,174▲
Taxes, remuneration and social security45€5,746€39,897▲
Taxes450/3€5,746€39,897▲
Other amounts payable47/48-€135,797
Accrued charges and deferred income492/3€0€100▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,146€2,798▼
Other operating charges640/8€1,437€1,933▲
Gross operating margin9900€96,485€118,889▲
Operating profit (loss)9901€91,901€114,158▲
Financial income75/76B€1€457▲
Recurring financial income75€1€457▲
Financial charges65/66B€1,091€976▼
Recurring financial charges65€1,091€976▼
Profit (loss) for the period before taxes9903€90,811€113,639▲
Income taxes67/77€25,695€25,451▼
Profit (loss) for the period9904€65,117€88,188▲
Profit (loss) for the period to be appropriated9905€65,117€88,188▲
Appropriation of the result
Profit (loss) to be appropriated9906€65,117€88,188▲
Transfer from equity791/2€120,000€191,428▲
Transfer to equity691/2€65,117€88,188▲
To other reserves6921€65,117€88,188▲
Profit to be distributed694/7€120,000€191,428▲
Return on contributions (dividend)694€120,000€191,428▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
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%
Line20202021202220232024Change
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-
Line20202021202220232024Change
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-
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.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2024 micro format 31-07-2025 2025-00341532
31-12-2023 micro format 23-09-2024 2024-00467899
31-12-2022 micro format 22-07-2023 2023-00260631
31-12-2021 micro format 13-07-2022 2022-20179550
31-12-2020 micro format 30-07-2021 2021-42500422

Similar companies · same sector, comparable size

Of the 82,290 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,868. 41,441 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.