DEVMAT
ActiveDEVMAT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €507k and a net result of €53k. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 3603 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
90
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-2
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 2.34 in 2024), and 25% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75%
Return on assets
7.9%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
18 d early
2024
37 d early
2023
34 d early
2022
6 d early
2021
27 d early
2020
30 d late
2019
37 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€507k▼ 5.3%
2024 · €535k
2018: €126k
2019: €207k
2020: €174k
2021: €264k
2022: €384k
2023: €545k
2024: €535k
2018 → 2025
Total assets
€676k▼ 7.9%
2024 · €734k
2018: €965k
2019: €952k
2020: €823k
2021: €919k
2022: €724k
2023: €833k
2024: €734k
2018 → 2025
Net result
€53k▼ 8.8%
2024 · €59k
2018: €77k
2019: €81k
2020: €-33k
2021: €90k
2022: €120k
2023: €162k
2024: €59k
2018 → 2025
Working capital
€330k▲ 26.6%
2024 · €261k
2018: €-204k
2019: €-214k
2020: €-172k
2021: €-54k
2022: €64k
2023: €244k
2024: €261k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€264k-€384k▲ 45.3%€545k▲ 42.0%€535k▼ 1.8%€507k▼ 5.3%
Operating result€123k-€199k▲ 61.4%€245k▲ 23.4%€91k▼ 62.7%€89k▼ 2.4%
Net result€90k-€120k▲ 32.7%€162k▲ 35.4%€59k▼ 63.9%€53k▼ 8.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €676k
Fixed assets
€178k▼ 36.0%
Current assets
€498k▲ 9.2%
Equity and liabilities €676k
Equity
€507k▼ 5.3%
Debt
€169k▼ 15.0%
The debt ratio falls from 27.1% to 25.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€195k▼
2024 · €202k
Cash flow
€160k▼
2024 · €169k
Solvency
75.0%▲
2024 · 72.9%
Current ratio
2.98▲
2024 · 2.34
Quick ratio
2.97▲
2024 · 2.34
Debt / equity
0.33▼
2024 · 0.37
ROE
10.5%▼
2024 · 10.9%
ROA
7.9%▼
2024 · 8.0%
Interest coverage
13.56▼
2024 · 15.45
Debt
€169k▼
2024 · €199k
Debt ≤ 1 year
€167k▼
2024 · €195k
Debt > 1 year
€261▼
2024 · €3k
Income taxes
€22k▼
2024 · €25k
Staff costs
€493k▲
2024 · €489k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€734k€676k▼
Fixed assets21/28€278k€178k▼
Intangible fixed assets21€228k€152k▼
Tangible fixed assets22/27€42k€18k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€40k€14k▼
Financial fixed assets28€8k€8k=
Current assets29/58€456k€498k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€301k€296k▼
Trade receivables40€2k€40▼
Other amounts receivable41€299k€295k▼
Current investments50/53€0-
Cash at bank and in hand54/58€154k€197k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€734k€676k▼
Equity10/15€535k€507k▼
Contributions10/11€50k€50k=
Reserves13€485k€457k▼
Distributable reserves133€485k€457k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€199k€169k▼
Amounts payable after more than one year17€3k€261▼
Financial debts170/4€3k€261▼
Amounts payable within one year42/48€195k€167k▼
Current portion of amounts payable after more than one year42€79k€3k▼
Trade debts44€49k€44k▼
Suppliers440/4€49k€44k▼
Taxes, remuneration and social security45€52k€76k▲
Taxes450/3€2k€5k▲
Remuneration and social security454/9€50k€71k▲
Other amounts payable47/48€15k€44k▲
Accrued charges and deferred income492/3€654€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€489k€493k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€106k▼
Other operating charges640/8€15k€7k▼
Gross operating margin9900€705k€696k▼
Operating profit (loss)9901€91k€89k▼
Financial income75/76B€5k€827▼
Recurring financial income75€5k€827▼
Financial charges65/66B€13k€14k▲
Recurring financial charges65€13k€14k▲
Profit (loss) for the period before taxes9903€84k€76k▼
Income taxes67/77€25k€22k▼
Profit (loss) for the period9904€59k€53k▼
Profit (loss) for the period to be appropriated9905€59k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€53k▼
Transfer from equity791/2€68k€81k▲
Transfer to equity691/2€58k€52k▼
To other reserves6921€58k€52k▼
Profit to be distributed694/7€68k€82k▲
Return on contributions (dividend)694€68k€81k▲
Directors or managers695€500€1k▲
Social balance
Average headcount (FTE)908713.713.2▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €162k ▲35.4%
Operating result €245k, net result €162k, both a record.
31-12
Financial
Equity above €500kEq €545k ▲42%
3 profitable years in a row build equity to €545k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €90k
Net result €90k after one loss-making year.
31-12
Financial
Equity above €200kEq €264k ▲51.9%
Equity rises from €174k to €264k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-33k ▼141%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €207k ▲64.1%
2 profitable years in a row build equity to €207k.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brugge · 1 establishment unit since 2018
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.
Markt 238000 BruggeGround area
56 m²
Building footprint
56 m²
Volume, LiDAR
746 m³
Parcel 31805E1376/00A000, Flanders · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CAFE SPORTMAN
since 20182.273.537.072
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E1376/00A000 | Flanders | 56 m² | 1 · 56 m² | 18.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.273.537.072
Dual-learning approval
9 live approvals · 5 endedHulpkelner (vwo)
Hulpkelner duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Keukenmedewerker duaal (so)
Show 3 more
Kok (vwo)
Kok duaal (so)
Restaurant en keuken duaal (so)
Similar companies · same sector, comparable size
't RIET
BE 0474.061.467
Lommel · Eq €507k
'T KONINGSHUIS
BE 0849.356.150
Gent · Eq €508k
HOF TER MOLEN
BE 0463.207.860
Kapelle-op-den-Bos · Eq €505k
JALA
BE 0701.714.034
As · Eq €509k
TAVERNE WOLFSTEE
BE 0477.314.927
Herentals · Eq €509k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 6,191 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2018
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
68121Development of residential building projects
68122Development of non-residential building projects
46180Agents specialised in the wholesale of other particular products
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.