DEVLIES CONCEPTS

Active

Private limited companyfounded 200817 yrs activeStasegemsesteenweg(Kor) 1, 8500 Kortrijk, BelgiumKBO/BCE: BE 0807.938.734

DEVLIES CONCEPTS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5k and a net result of €972. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 21% of 1933 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

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Checked score

Score 2024

66 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability71▲+13

Solvency33▼-1

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 59

Relative position

BE, all sectors

reference

Sector 59

lower

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

8.3%

Return on assets

1.7%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1933 sector peers (2024).

NBB · sector comparison

Position among 1933 sector peers

Solvency

better than 21%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

59 d late

2023

28 d late

2022

27 d early

2021

16 d late

2020

38 d late

2019

17 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€5k▲ 25.9%

2023 · €4k

2018: €576 2019: €5k 2020: €6k 2021: €7k 2022: €7k 2023: €4k

2018 → 2024

Total assets

€57k▲ 28.7%

2023 · €44k

2018: €57k 2019: €47k 2020: €39k 2021: €79k 2022: €72k 2023: €44k

2018 → 2024

Net result

€972

2023 · €-4k

2018: €632 2019: €4k 2020: €962 2021: €9k 2022: €511 2023: €-4k

2018 → 2024

Working capital

€18k▲ 129%

2023 · €8k

2018: €13k 2019: €21k 2020: €26k 2021: €-16k 2022: €1k 2023: €8k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€6k-€7k▲ 21.8%€7k▲ 7.4%€4k▼ 49.1%€5k▲ 25.9%

Operating result€1k-€9k▲ 678%€852▼ 90.3%€-3k€2k

Net result€962-€9k▲ 808%€511▼ 94.1%€-4k€972

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €2k after a loss of €3k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €57k

12.6%

87.4%

Fixed assets €7k▼ 55.6%

Current assets €50k▲ 76.9%

Equity and liabilities €57k

91.7%

Equity €5k▲ 25.9%

Debt €52k▲ 28.9%

The debt ratio rises from 91.5% to 91.7%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€13k▼

2023 · €15k

Cash flow

€12k▼

2023 · €14k

Solvency

8.3%▼

2023 · 8.5%

Current ratio

1.55▲

2023 · 1.38

Quick ratio

1.55▲

2023 · 1.38

Debt / equity

11.00▲

2023 · 10.74

ROE

20.6%▲

2023 · -96.5%

ROA

1.7%▲

2023 · -8.2%

Interest coverage

24.43▲

2023 · 18.49

Debt

€52k▲

2023 · €40k

Debt ≤ 1 year

€32k▲

2023 · €20k

Debt > 1 year

€20k=

2023 · €20k

Income taxes

€916

Staff costs

€3k▲

2023 · €1k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€44k€57k▲

Fixed assets21/28€16k€7k▼

Tangible fixed assets22/27€16k€7k▼

Land and buildings22€2k€1k▼

Plant, machinery and equipment23€13k€6k▼

Furniture and vehicles24€922-

Financial fixed assets28€65€65=

Current assets29/58€28k€50k▲

Amounts receivable within one year40/41€27k€12k▼

Trade receivables40€27k€12k▼

Other amounts receivable41€14€14=

Cash at bank and in hand54/58€1k€38k▲

Deferred charges and accrued income490/1€97€102▲

Equity and liabilities

Total equity and liabilities10/49€44k€57k▲

Equity10/15€4k€5k▲

Contributions10/11€20k€20k=

Reserves13€328€328=

Distributable reserves133€328€328=

Profit (loss) carried forward14€-17k€-16k▲

Amounts payable17/49€40k€52k▲

Amounts payable after more than one year17€20k€20k=

Financial debts170/4€20k€20k=

Amounts payable within one year42/48€20k€32k▲

Trade debts44€4k€5k▲

Suppliers440/4€4k€5k▲

Taxes, remuneration and social security45€2k€10k▲

Taxes450/3€2k€7k▲

Remuneration and social security454/9-€2k

Other amounts payable47/48€14k€18k▲

Income statement Code20232024

Remuneration, social security and pensions62€1k€3k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€11k▼

Other operating charges640/8€1k€760▼

Gross operating margin9900€17k€17k▼

Operating profit (loss)9901€-3k€2k▲

Financial income75/76B€48€21▼

Recurring financial income75€48€21▼

Financial charges65/66B€819€543▼

Recurring financial charges65€819€543▼

Profit (loss) for the period before taxes9903€-4k€2k▲

Income taxes67/77-€916

Profit (loss) for the period9904€-4k€972▲

Profit (loss) for the period to be appropriated9905€-4k€972▲

Appropriation of the result

Profit (loss) to be appropriated9906€-17k€-16k▲

Profit (loss) brought forward from the previous period14P€-13k€-17k▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

28-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 59 days late

2024

31-12

Financial Back to profitnet €972

Net result €972 after one loss-making year.

28-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 28 days late

2023

31-12

Financial Weakest financial yearnet €-4k ▼809%

Net result drops to €-4k, the lowest in the series; recovery starts the following year.

04-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

16-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 16 days late

2021

31-12

Financial Highest result since 2018net €9k ▲808%

Operating result €9k, net result €9k, both a record.

07-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 38 days late

2020

14-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

27-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 27 days late

2018

09-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 9 days late

2017

01-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 1 day late

2016

29-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Kortrijk · 2 establishment units since 2008

establishment All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Stasegemsesteenweg(Kor) 18500 Kortrijk

Ground area

1,311 m²

Building footprint

717 m²

Volume, LiDAR

3,430 m³

2 parcels, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

DEVLIES CONCEPTS

Stasegemsesteenweg(Kor) 1 GIK, 8500 KortrijkPre-press and pre-media services

since 20082.183.223.243

DEVLIES CONCEPTS - Doorniksestraat

Doorniksestraat(Kor) 58, 8500 KortrijkRetail sale of household furniture

since 20252.376.440.018

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34353B0075/00K004	Flanders	1,169 m²	1 · 576 m²	7.3 m · 1 fl.
34022G0504/00B000	Flanders	141 m²	1 · 141 m²	13.4 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

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

Public money · subsidies and aid

Flemish government

2022 to 2024 · 3 entries · 12,180 EUR awarded · 12,180 EUR paid

Year	Entries	awarded	paid
2024	1	9,000 EUR	9,000 EUR
2023	1	0 EUR	1,635 EUR
2022	1	3,180 EUR	1,545 EUR

Schemes

Subsidies voor internationaal ondernemen

1 entry · 9,000 EUR · 9,000 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 3,180 EUR · 3,180 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Noctuelle Productions

Sint-Gillis (bij-Brussel) · Eq €6k

Of 484 companies in sector 59112 we hold annual accounts for 247. 94 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded13-11-2008

Fiscal year end31-12

Abbreviation NL DEVLIES C ofwel D CONCEPTS

Trade name NL CONCEPT LIVING

Activities, NACEBEL

47791Retail sale of antiques

59112Motion picture, video and television programme production, sound recording and music publishing activities

18200Printing and reproduction of recorded media

46190Agents in non-specialised wholesale trade

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

59120Post-production of films, video and television programmes

74103Other professional, scientific and technical activities

74120Graphic design and visual communication

90021Arts creation and performing arts activities

90391Promotion and organisation of arts and performing arts events

Sources

Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.