Active BE 0455.776.175Private limited company

Devlieghere

Lepemolenstraat 10 ·8210 Zedelgem, Belgium· 31 yrs active

Sector: Advertising & market research (73110)

Conclusion Checked

The computed 12-month bankruptcy probability of Devlieghere is 0.4% (very low). The 2024 annual accounts show equity of €993k and a net result of €-51k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 95% of 2536 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€993k
Net result	€-51k
Staff (FTE)	0.1
Better than sector	95%

Snowflake analysis 5 axes · computed by Checked

57 / 100

Mixed profile: strong on solvency, weaker on profitability.

Health 52

Profitability 0

Solvency 100

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Long-established

Founded in 1995, 31 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

52 / 100 Fair

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 31-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 7 fiscal years (±1.8%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 73, Advertising & market research · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	95.2%	56.3%	better than 95% of 2536 sector peers
Net result	€-51k	€19k	better than 5% of 2538 sector peers
Equity	€993k	€44k	better than 95% of 2536 sector peers
Gross operating margin	€9k	€37k	better than 24% of 2535 sector peers
Staff costs	€40k	€14k	higher than 65% of 373 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-35k

-599.5% 18-24

Net profit

€-51k

-143.2% 18-24

Cash flow

€-38k

-553.5% 18-24

Total assets

€1.04M

-5.5% 18-24

Equity

€993k

-4.8% 18-24

Working capital

€960k

-4.4% 18-24

Employees (FTE)

0

-90.0% 18-24

Staff costs

€40k

-10.2% 18-24

Income taxes

€2k

+120.6% 18-24

Dividends

€0

-100.0% 18-24

Debt

€50k

-16.2% 18-24

Debt ≤ 1y

€48k

-18.0% 18-24

Current ratio

21.12

+15.7% 18-24

Quick ratio

21.12

+15.7% 18-24

Solvency

95.2%

+0.7% 18-24

Debt / equity

0.05

-11.9% 18-24

ROE

-5.1%

-155.6% 18-24

ROA

-4.8%

-157.2% 18-24

Interest coverage

-11.58

-427.0% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€-35k
Net profit	€-51k
Cash flow	€-38k
Staff costs	€40k
Income taxes	€2k
Dividends	-
Total assets	€1.04M
Equity	€993k
Debt	€50k
of which ≤ 1y	€48k
of which > 1y	-
Working capital	€960k
Employees (FTE)	0.1

Ratios (computed)

	2024
Current ratio	21.12
Quick ratio	21.12
Working capital ratio	91.9%
Solvency	95.2%
Debt / equity	0.05
Long-term debt ratio	-
Interest coverage	-11.58
Gross margin	-
Net margin	-
ROA	-4.8%
ROE	-5.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €36k · 3.5% Current assets €1.01M · 96.5%

Equity & liabilities

Equity €993k · 95.2% Debt €50k · 4.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.04M
Fixed assets	21/28	€36k
Tangible fixed assets	22/27	€36k
Current assets	29/58	€1.01M
Amounts receivable within one year	40/41	€7k
Investments	50/53	€110k
Cash & bank	54/58	€890k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.04M
Equity	10/15	€993k
Contributions / capital	10/11	€19k
Reserves	13	€975k
Amounts payable	17/49	€50k
Amounts payable within one year	42/48	€48k
Trade debts payable within one year	44	€12k
Income statement
Gross operating margin	9900	€9k
Operating result	9901	€-48k
Financial income	75	€2k
Financial charges	65	€3k
Result before taxes	9903	€-49k
Income taxes	67/77	€2k
Net result for the period	9904	€-51k
Result to be appropriated	9905	€-51k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

Devlieghere Johan
Director
State Gazette act 23397180 (27-09-2023)

Current
27-09-2023 → present
2 events
- 27-09-2023 Resigned· Director
- 27-09-2023 Mandate renewed· Director
Walcarius Hilde
Director
State Gazette act 23397180 (27-09-2023)

Current
27-09-2023 → present
2 events
- 27-09-2023 Resigned· Director
- 27-09-2023 Mandate renewed· Director

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Legal Structure

NACE primary	Advertising & market research(73110)
Legal form	Private limited company(610)
Incorporation	31-07-1995
Status	Active
Postal code	8210

Establishment units 1 location

DEVLIEGHERE PACKAGING

Lepemolenstraat 10, 8210 Zedelgemhet ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media

since 19952.072.759.247

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31036F0492/00D000	Flanders	913 m²	1 · 346 m²	9.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

06-02-2026

State Gazette act Registered-office change

v3.2

2025

31-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

23-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

04-10-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

27-09-2023

State Gazette act Statutes amendment

v3.2

2022

29-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

29-06-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

13-07-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

10-07-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

13-07-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

27-06-2017

NBB filing Annual accounts filed

fiscal year 2016 · micro

2016

28-06-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 2 acts

Address history · 1

06-02-2026

v3.2

All acts · 2 updated 5 months ago

2026

06-02-2026 Registered office moved within Zedelgem Registered-office change

Kloosterstraat 47, 8210 Zedelgem → Lepemolenstraat 10, 8210 Zedelgem

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Zedelgem",
        "region": null,
        "street": "Lepemolenstraat",
        "country": "BE",
        "postcode": "8210",
        "box_number": null,
        "street_number": "10"
      },
      "old_address": {
        "city": "Zedelgem",
        "region": null,
        "street": "Kloosterstraat",
        "country": "BE",
        "postcode": "8210",
        "box_number": null,
        "street_number": "47"
      },
      "effective_date": "2025-12-08",
      "evidence_quote": "De bestuurders beslissen om de maatschappelijke zetel van de vennootschap vanaf heden te verplaatsen naar 8210 Zedelgem, Lepemolenstraat 10."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0455.776.175",
    "name_full": "DEVLIEGHERE",
    "legal_form": "BV"
  }
}

2023

27-09-2023 Articles of association amended Statutes amendment

Summary: v3.2

Original publication ↗

Technical details

{
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "statute_change": {
    "name_change": true,
    "seat_change": false,
    "object_change": false,
    "effective_date": "2023-09-25",
    "legal_form_change": false
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0455.776.175",
    "name_full": "DEVLIEGHERE PACKAGING, ADVERTISING \u0026 PROMOTION",
    "legal_form": "BVBA"
  },
  "signature_regime": "solo",
  "special_mandates": [],
  "governance_change": {
    "admin_delegated_added": []
  }
}

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Company registry (CBE) Crossroads Bank

Activities

Reclamebureaus73110Activiteiten van reclamebureaus73110Publiciteitsagentschappen74401

Primary activity highlighted.

Names & trade names

Legal nameNL

Devlieghere

Registered office

Lepemolenstraat 10

8210 Zedelgem, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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