Devline
ActiveSummary
Devline has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €119k and a net result of €11k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-8
Solvency81▲+13
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 1.64 in 2023; short-term debt: 30.9% and cash: 2.5% of total assets), and 43.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
16 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€119k▲ 9.9%
2023 · €108k
2018: €125k
2019: €145k▲ +16.0% vs 2018highest in 7 years
2020: €129k▼ -11.0% vs 2019
2021: €120k▼ -7.2% vs 2020
2022: €129k▲ +7.5% vs 2021
2023: €108k▼ -16.0% vs 2022lowest in 7 years
2024: €119k▲ +9.9% vs 2023
2018 → 2024
Total assets
€211k▼ 17.0%
2023 · €254k
2018: €224k
2019: €198k▼ -11.8% vs 2018
2020: €175k▼ -11.7% vs 2019
2021: €157k▼ -9.9% vs 2020lowest in 7 years
2022: €192k▲ +21.7% vs 2021
2023: €254k▲ +32.4% vs 2022highest in 7 years
2024: €211k▼ -17.0% vs 2023
2018 → 2024
Net result
€11k▼ 62.8%
2023 · €29k
2018: €44khighest in 7 years
2019: €20k▼ -54.7% vs 2018
2020: €5k▼ -76.8% vs 2019
2021: €1k▼ -74.7% vs 2020lowest in 7 years
2022: €9k▲ +666% vs 2021
2023: €29k▲ +219% vs 2022
2024: €11k▼ -62.8% vs 2023
2018 → 2024
Working capital
€96k▲ 34.5%
2023 · €71k
2018: €108k
2019: €129k▲ +18.8% vs 2018highest in 7 years
2020: €122k▼ -5.4% vs 2019
2021: €110k▼ -9.7% vs 2020
2022: €108k▼ -1.7% vs 2021
2023: €71k▼ -34.0% vs 2022lowest in 7 years
2024: €96k▲ +34.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€129k-€120k▼ 7.2%€129k▲ 7.5%€108k▼ 16.0%€119k▲ 9.9%
2020: €129khighest in 5 years
2021: €120k▼ -7.2% vs 2020
2022: €129k▲ +7.5% vs 2021
2023: €108k▼ -16.0% vs 2022lowest in 5 years
2024: €119k▲ +9.9% vs 2023
Operating result€15k-€9k▼ 42.1%€19k▲ 117%€44k▲ 135%€17k▼ 62.0%
2020: €15k
2021: €9k▼ -42.1% vs 2020lowest in 5 years
2022: €19k▲ +117% vs 2021
2023: €44k▲ +135% vs 2022highest in 5 years
2024: €17k▼ -62.0% vs 2023
Net result€5k-€1k▼ 74.7%€9k▲ 666%€29k▲ 219%€11k▼ 62.8%
2020: €5k
2021: €1k▼ -74.7% vs 2020lowest in 5 years
2022: €9k▲ +666% vs 2021
2023: €29k▲ +219% vs 2022highest in 5 years
2024: €11k▼ -62.8% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 62% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211k
Fixed assets
€50k ▼ 30.6%
Current assets
€161k ▼ 11.6%
Equity and liabilities €211k
Equity
€119k ▲ 9.9%
Debt
€92k ▼ 36.9%
Debt's share of the balance-sheet total falls from 57.4% to 43.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▼
2023 · €52k
Cash flow
€26k▼
2023 · €37k
Current ratio
2.47▲
2023 · 1.64
Debt to equity
0.77▼
2023 · 1.35
ROE
9.0%▼
2023 · 26.6%
ROA
5.1%▼
2023 · 11.3%
Interest coverage
11.76▼
2023 · 22.08
Debt ≤ 1 year
€65k▼
2023 · €111k
Debt > 1 year
€27k▼
2023 · €35k
Income taxes
€7k▼
2023 · €17k
Staff costs
€152k▲
2023 · €143k
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €16k | - |
| Remuneration, social security and pensions62 | - | €141k | €179k | €143k | €152k | ▲ 6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €4k | €4k | €8k | €16k | ▲ 96.7% |
| Other operating charges640/8 | - | €2k | €2k | €1k | €2k | ▲ 13.7% |
| Gross operating margin9900 | €183k | €156k | €204k | €196k | €186k | ▼ 5.3% |
| Operating profit (loss)9901 | €15k | €9k | €19k | €44k | €17k | ▼ 62.0% |
| Financial income75/76B | - | €1k | €2k | €4k | €3k | ▼ 14.0% |
| Recurring financial income75 | €821 | €1k | €2k | €4k | €3k | ▼ 14.0% |
| Financial charges65/66B | - | €1k | €2k | €2k | €3k | ▲ 17.2% |
| Recurring financial charges65 | €3k | €1k | €2k | €2k | €3k | ▲ 17.2% |
| Profit (loss) for the period before taxes9903 | €13k | €9k | €19k | €46k | €17k | ▼ 62.2% |
| Income taxes67/77 | €8k | €7k | €10k | €17k | €7k | ▼ 61.2% |
| Profit (loss) for the period9904 | €5k | €1k | €9k | €29k | €11k | ▼ 62.8% |
| Profit (loss) for the period to be appropriated9905 | €5k | €1k | €9k | €29k | €11k | ▼ 62.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €175k | €157k | €192k | €254k | €211k | ▼ 17.0% |
| Fixed assets21/28 | €10k | €10k | €21k | €72k | €50k | ▼ 30.6% |
| Tangible fixed assets22/27 | €10k | €10k | €21k | €72k | €50k | ▼ 30.6% |
| Plant, machinery and equipment23 | - | €2k | €2k | €1k | €885 | ▼ 33.3% |
| Furniture and vehicles24 | - | €1k | €10k | €63k | €43k | ▼ 31.5% |
| Other tangible fixed assets26 | - | €7k | €9k | €8k | €6k | ▼ 22.3% |
| Current assets29/58 | €164k | €147k | €171k | €182k | €161k | ▼ 11.6% |
| Amounts receivable after more than one year29 | - | €21k | €0 | - | €77k | - |
| Other amounts receivable291 | - | €21k | €0 | - | €77k | - |
| Amounts receivable within one year40/41 | €109k | €56k | €67k | €142k | €72k | ▼ 49.2% |
| Trade receivables40 | - | €29k | €17k | €55k | €23k | ▼ 57.3% |
| Other amounts receivable41 | - | €27k | €51k | €88k | €49k | ▼ 44.2% |
| Cash at bank and in hand54/58 | €51k | €65k | €96k | €33k | €5k | ▼ 83.6% |
| Deferred charges and accrued income490/1 | - | €5k | €7k | €7k | €6k | ▼ 12.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €175k | €157k | €192k | €254k | €211k | ▼ 17.0% |
| Equity10/15 | €129k | €120k | €129k | €108k | €119k | ▲ 9.9% |
| Contributions10/11 | - | €11k | €11k | €11k | €11k | = |
| Reserves13 | €118k | €108k | €118k | €97k | €107k | ▲ 10.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | - | €31k | €31k | €31k | €31k | = |
| Distributable reserves133 | - | €75k | €84k | €66k | €76k | ▲ 16.2% |
| Profit (loss) carried forward14 | €658 | €663 | €626 | €668 | €758 | ▲ 13.5% |
| Amounts payable17/49 | €46k | €38k | €63k | €146k | €92k | ▼ 36.9% |
| Amounts payable after more than one year17 | - | - | - | €35k | €27k | ▼ 23.4% |
| Financial debts170/4 | - | - | - | €35k | €27k | ▼ 23.4% |
| Amounts payable within one year42/48 | €43k | €38k | €63k | €111k | €65k | ▼ 41.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8k | €9k | ▲ 12.9% |
| Financial debts43 | - | €2k | €2k | €2k | €2k | = |
| Credit institutions430/8 | - | €2k | €2k | €2k | €2k | = |
| Trade debts44 | €21k | €8k | €22k | €28k | €22k | ▼ 21.8% |
| Suppliers440/4 | - | €8k | €22k | €28k | €22k | ▼ 21.8% |
| Taxes, remuneration and social security45 | - | €17k | €38k | €23k | €19k | ▼ 18.8% |
| Taxes450/3 | - | €397 | €11k | €11k | €621 | ▼ 94.5% |
| Remuneration and social security454/9 | - | €17k | €27k | €12k | €18k | ▲ 52.4% |
| Other amounts payable47/48 | - | €11k | €0 | €49k | €13k | ▼ 73.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €1k | €9k | €29k | €11k | ▼ 62.8% |
| + Depreciation and write-downs630 | €6k | €4k | €4k | €8k | €16k | ▲ 96.7% |
| Operating cash flow (approximation) | €11k | €6k | €13k | €37k | €26k | ▼ 28.0% |
| Investment in fixed assets (approximation) | - | €-4k | €-14k | €-59k | €6k | ▲ 110% |
| Change in cash | - | €14k | €31k | €-63k | €-27k | ▲ 57.1% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €1k ▼74.7%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
25-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Braives · 1 establishment unit since 2001
Ground area
912 m²
Building footprint
118 m²
Volume, LiDAR
825 m³
Parcel 64068A0255/00C004, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Passage du Jardinier 8, 4263 Braives
since 20012.095.067.663
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64068A0255/00C004 | Wallonia | 912 m² | 1 · 117 m² | 8.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBraives2.095.067.663
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,487 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
Founded23-10-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
56120Mobile food service activities
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.