Devlan
ActiveSummary
Devlan has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €471,439 and a net result of €106,054. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 96 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability88▲+5
Solvency93▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 2.73 against 2.52 in 2025; short-term debt: 23.6% and cash: 16.6% of total assets), and 31.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
68.1%
Return on assets
15.3%
Age of the figures
3 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 24-08-2026, 160 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
160 d early
2025
157 d early
2024
57 d early
2023
135 d early
2022
5 d early
2021
47 d early
2020
60 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 89 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-06-2027 close31-01-2028 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€471,439▲ 20.8%
2025 · €390,235
Total assets
€691,849▲ 15.5%
2025 · €599,197
Net result
€106,054▲ 58.7%
2025 · €66,832
Working capital
€283,394▲ 38.6%
2025 · €204,435
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€82,577▲ 66.8%€88,806▲ 7.5%€130,169▲ 46.6%€101,620▼ 21.9%€155,757▲ 53.3%
Net result€51,694above the sector's middle half▲ 72.6%€59,815above the sector's middle half▲ 15.7%€86,993above the sector's middle half▲ 45.4%€66,832above the sector's middle half▼ 23.2%€106,054▲ 58.7%
Equity€199,496above the sector's middle half▲ 26.4%€257,210above the sector's middle half▲ 28.9%€341,403above the sector's middle half▲ 32.7%€390,235above the sector's middle half▲ 14.3%€471,439▲ 20.8%
Total assets€454,838above the sector's middle half▲ 12.5%€495,550above the sector's middle half▲ 9.0%€570,258above the sector's middle half▲ 15.1%€599,197above the sector's middle half▲ 5.1%€691,849▲ 15.5%
Debt€255,342▲ 3.6%€238,340▼ 6.7%€228,854▼ 4.0%€208,962▼ 8.7%€220,410▲ 5.5%
Working capital€12,785within the sector's middle half€76,338within the sector's middle half▲ 497%€165,438above the sector's middle half▲ 117%€204,435above the sector's middle half▲ 23.6%€283,394▲ 38.6%
Solvency43.9%within the sector's middle half▲ 4.8pp51.9%within the sector's middle half▲ 8.0pp59.9%within the sector's middle half▲ 8.0pp65.1%within the sector's middle half▲ 5.3pp68.1%▲ 3.0pp
Current ratio1.10within the sector's middle half▲ 0.231.58within the sector's middle half▲ 0.482.21within the sector's middle half▲ 0.642.52within the sector's middle half▲ 0.312.73▲ 0.21
Return on assets (ROA)11.4%within the sector's middle half▲ 4.0pp12.1%within the sector's middle half▲ 0.7pp15.3%within the sector's middle half▲ 3.2pp11.2%within the sector's middle half▼ 4.1pp15.3%▲ 4.2pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
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 2026; 2026 is 53% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €691,849
Fixed assets
€245,078 ▼ 5.9%
Current assets
€446,771 ▲ 31.9%
Equity and liabilities €691,849
Equity
€471,439 ▲ 20.8%
Debt
€220,410 ▲ 5.5%
Debt's share of the balance-sheet total falls from 34.9% to 31.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€178,351▲
2025 · €125,169
Cash flow
€128,648▲
2025 · €90,381
Debt to equity
0.47▼
2025 · 0.54
ROE
22.5%▲
2025 · 17.1%
Interest coverage
26.12▲
2025 · 15.92
Debt ≤ 1 year
€163,377▲
2025 · €134,396
Debt > 1 year
€54,063▼
2025 · €70,313
Income taxes
€46,162▲
2025 · €28,733
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 20,129 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
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,357 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,018 | €23,589 | €24,235 | €23,549 | €22,594 | ▼ 4.1% |
| Other operating charges640/8 | €2,998 | €4,292 | €4,440 | €2,630 | €3,016 | ▲ 14.7% |
| Gross operating margin9900 | €108,593 | €116,687 | €158,843 | €127,800 | €181,367 | ▲ 41.9% |
| Operating profit (loss)9901 | €82,577 | €88,806 | €130,169 | €101,620 | €155,757 | ▲ 53.3% |
| Financial income75/76B | €2 | €0 | €0 | €1,808 | €3,287 | ▲ 81.9% |
| Recurring financial income75 | €2 | €0 | €0 | €1,808 | €3,287 | ▲ 81.9% |
| Financial charges65/66B | €6,204 | €4,234 | €4,406 | €7,863 | €6,828 | ▼ 13.2% |
| Recurring financial charges65 | €6,204 | €4,234 | €4,406 | €7,863 | €6,828 | ▼ 13.2% |
| Profit (loss) for the period before taxes9903 | €76,375 | €84,572 | €125,763 | €95,565 | €152,216 | ▲ 59.3% |
| Income taxes67/77 | €24,680 | €24,757 | €38,770 | €28,733 | €46,162 | ▲ 60.7% |
| Profit (loss) for the period9904 | €51,694 | €59,815 | €86,993 | €66,832 | €106,054 | ▲ 58.7% |
| Profit (loss) for the period to be appropriated9905 | €51,694 | €59,815 | €86,993 | €66,832 | €106,054 | ▲ 58.7% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €454,838 | €495,550 | €570,258 | €599,197 | €691,849 | ▲ 15.5% |
| Fixed assets21/28 | €310,393 | €286,805 | €268,301 | €260,366 | €245,078 | ▼ 5.9% |
| Tangible fixed assets22/27 | €310,393 | €286,805 | €268,301 | €259,886 | €244,598 | ▼ 5.9% |
| Land and buildings22 | €291,692 | €271,918 | €252,144 | €245,385 | €230,872 | ▼ 5.9% |
| Plant, machinery and equipment23 | €12,791 | €10,941 | €12,103 | €9,917 | €7,732 | ▼ 22.0% |
| Furniture and vehicles24 | €5,910 | €3,946 | €4,054 | €4,584 | €5,995 | ▲ 30.8% |
| Financial fixed assets28 | - | - | - | €480 | €480 | = |
| Current assets29/58 | €144,445 | €208,745 | €301,956 | €338,831 | €446,771 | ▲ 31.9% |
| Amounts receivable within one year40/41 | €23,778 | €13,211 | €26,021 | €40,078 | €30,330 | ▼ 24.3% |
| Trade receivables40 | €23,778 | €12,730 | €26,021 | €31,595 | €24,948 | ▼ 21.0% |
| Other amounts receivable41 | - | €481 | €0 | €8,483 | €5,383 | ▼ 36.6% |
| Current investments50/53 | - | - | €150,000 | €200,000 | €300,000 | ▲ 50.0% |
| Cash at bank and in hand54/58 | €118,060 | €194,331 | €124,613 | €97,009 | €114,782 | ▲ 18.3% |
| Deferred charges and accrued income490/1 | €2,608 | €1,203 | €1,322 | €1,743 | €1,658 | ▼ 4.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €454,838 | €495,550 | €570,258 | €599,197 | €691,849 | ▲ 15.5% |
| Equity10/15 | €199,496 | €257,210 | €341,403 | €390,235 | €471,439 | ▲ 20.8% |
| Contributions10/11 | €56,200 | €56,200 | €56,200 | €56,200 | €56,200 | = |
| Reserves13 | €143,296 | €201,010 | €285,203 | €334,035 | €415,239 | ▲ 24.3% |
| Non-distributable reserves130/1 | €6,500 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €6,500 | €0 | - | - | - | - |
| Tax-exempt reserves132 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Distributable reserves133 | €131,796 | €196,010 | €280,203 | €329,035 | €410,239 | ▲ 24.7% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €255,342 | €238,340 | €228,854 | €208,962 | €220,410 | ▲ 5.5% |
| Amounts payable after more than one year17 | €119,063 | €102,813 | €86,563 | €70,313 | €54,063 | ▼ 23.1% |
| Financial debts170/4 | €119,063 | €102,813 | €86,563 | €70,313 | €54,063 | ▼ 23.1% |
| Amounts payable within one year42/48 | €131,660 | €132,407 | €136,519 | €134,396 | €163,377 | ▲ 21.6% |
| Current portion of amounts payable after more than one year42 | €31,250 | €31,250 | €31,250 | €31,250 | €31,250 | = |
| Trade debts44 | €8,166 | €1,632 | €6,945 | €6,492 | €1,837 | ▼ 71.7% |
| Suppliers440/4 | €8,166 | €1,632 | €6,945 | €6,492 | €1,837 | ▼ 71.7% |
| Taxes, remuneration and social security45 | €18,403 | €17,712 | €47,717 | €24,796 | €23,790 | ▼ 4.1% |
| Taxes450/3 | €18,403 | €17,712 | €47,717 | €24,796 | €23,790 | ▼ 4.1% |
| Other amounts payable47/48 | €73,841 | €81,812 | €50,607 | €71,857 | €106,500 | ▲ 48.2% |
| Accrued charges and deferred income492/3 | €4,620 | €3,120 | €5,772 | €4,253 | €2,970 | ▼ 30.2% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,694 | €59,815 | €86,993 | €66,832 | €106,054 | ▲ 58.7% |
| + Depreciation and write-downs630 | €23,018 | €23,589 | €24,235 | €23,549 | €22,594 | ▼ 4.1% |
| Operating cash flow (approximation) | €74,712 | €83,403 | €111,228 | €90,381 | €128,648 | ▲ 42.3% |
| Investment in fixed assets (approximation) | - | €0 | -€5,731 | -€15,614 | -€7,306 | ▲ 53.2% |
| Change in cash | - | €76,271 | -€69,718 | -€27,604 | €17,773 | ▲ 164% |
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 2027, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
30-06
Financial
Highest result since 2019net €106,054 ▲58.7%
Operating result €155,757, net result €106,054, both a record.
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Equity above €200,000Eq €257,210 ▲28.9%
5 profitable years in a row build equity to €257,210.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €150,000Eq €157,802 ▲23.4%
3 profitable years in a row build equity to €157,802.
2020
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Lokeren · 1 establishment unit since 2005
Ground area
474 m²
Building footprint
202 m²
Volume, LiDAR
1,311 m³
Parcel 46384E1069/00F000, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BVBA DEVLAN
since 20052.148.458.641
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384E1069/00F000 | Flanders | 474 m² | 1 · 202 m² | 11.8 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.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 4,244 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
Founded28-07-2005
Fiscal year end30-06
Activities, NACEBEL 2025
73300Public relations and communication consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
73110Advertising agencies
82990Other business support services
77221Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875307511
Also
9925:BE0875307511
Registered
31-03-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.