DEVMINDS
ActiveSummary
DEVMINDS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49,835 and a net result of €67,528. Equity is shrinking by about 7.8% per year across the filed financial years. Its solvency ranks better than 39% of 3,213 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- €49,835
- Profit
- €67,528
Why 69raises riskLatest accounts 41 days late; 1 of the last 3 lateSector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)Founded in 2018lowers riskLiquidity: current ratio 1.00, cash €34,813Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro): better than 37% on solvency, 33% on liquidity, 94% on profitability and 65% on growth.
The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 9 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €67,528 ▲5.1%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (41 days) Filed on 10 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00512609.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has risen four years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,713 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €4,132 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,012 | €11,153 | €11,834 | €12,786 | €14,553 | €17,411 | €24,796 | €24,248 | ▼ 2.2% |
| Other operating charges640/8 | - | - | - | €1,094 | €1,328 | €1,361 | €887 | €455 | ▼ 48.7% |
| Gross operating margin9900 | €53,249 | €54,806 | €52,731 | €66,621 | €80,269 | €94,907 | €108,369 | €110,592 | ▲ 2.1% |
| Operating profit (loss)9901 | €43,978 | €43,044 | €40,158 | €52,740 | €64,388 | €76,135 | €82,686 | €85,889 | ▲ 3.9% |
| Financial income75/76B | - | - | - | €26 | €65 | €36 | €48 | €19 | ▼ 59.5% |
| Recurring financial income75 | €31 | €52 | €75 | €26 | €65 | €36 | €48 | €19 | ▼ 59.5% |
| Financial charges65/66B | - | - | - | €148 | €123 | €252 | €430 | €328 | ▼ 23.8% |
| Recurring financial charges65 | €295 | €354 | €227 | €148 | €123 | €252 | €430 | €328 | ▼ 23.8% |
| Profit (loss) for the period before taxes9903 | €43,714 | €42,742 | €40,007 | €52,618 | €64,330 | €75,920 | €82,304 | €85,581 | ▲ 4.0% |
| Income taxes67/77 | €9,984 | €9,193 | €9,011 | €11,951 | €13,482 | €16,259 | €18,048 | €18,053 | = |
| Profit (loss) for the period9904 | €33,730 | €33,550 | €30,996 | €40,667 | €50,848 | €59,660 | €64,256 | €67,528 | ▲ 5.1% |
| Profit (loss) for the period to be appropriated9905 | €33,730 | €33,550 | €30,996 | €40,667 | €50,848 | €59,660 | €64,256 | €67,528 | ▲ 5.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €109,770 | €151,068 | €160,451 | €181,905 | €132,357 | €214,947 | €192,303 | €183,825 | ▼ 4.4% |
| Fixed assets21/28 | €30,690 | €43,169 | €40,758 | €30,733 | €50,616 | €106,128 | €85,734 | €69,031 | ▼ 19.5% |
| Tangible fixed assets22/27 | €30,690 | €43,169 | €40,758 | €30,733 | €50,616 | €106,128 | €85,734 | €69,031 | ▼ 19.5% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €19,073 | €16,327 | ▼ 14.4% |
| Furniture and vehicles24 | - | - | - | €30,733 | €26,050 | €84,308 | €65,967 | €46,330 | ▼ 29.8% |
| Other tangible fixed assets26 | - | - | - | - | €24,566 | €21,819 | €695 | €6,375 | ▲ 818% |
| Current assets29/58 | €79,080 | €107,899 | €119,693 | €151,171 | €81,741 | €108,819 | €106,569 | €114,794 | ▲ 7.7% |
| Amounts receivable within one year40/41 | €24,934 | €56,018 | €34,839 | €61,090 | €15,697 | €50,289 | €55,413 | €79,456 | ▲ 43.4% |
| Trade receivables40 | - | - | - | €57,601 | €15,697 | €50,289 | €53,462 | €75,558 | ▲ 41.3% |
| Other amounts receivable41 | - | - | - | €3,489 | - | - | €1,952 | €3,899 | ▲ 99.8% |
| Cash at bank and in hand54/58 | €54,146 | €51,392 | €84,364 | €89,592 | €61,852 | €58,530 | €50,621 | €34,813 | ▼ 31.2% |
| Deferred charges and accrued income490/1 | - | - | - | €489 | €4,193 | - | €535 | €524 | ▼ 2.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €109,770 | €151,068 | €160,451 | €181,905 | €132,357 | €214,947 | €192,303 | €183,825 | ▼ 4.4% |
| Equity10/15 | €39,930 | €85,480 | €116,875 | €77,542 | €78,390 | €38,051 | €42,307 | €49,835 | ▲ 17.8% |
| Contributions10/11 | €6,200 | €18,200 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €31,870 | €65,420 | €96,415 | €57,082 | €57,930 | €17,591 | €21,847 | €29,375 | ▲ 34.5% |
| Amounts payable17/49 | €69,840 | €65,589 | €43,576 | €104,362 | €53,967 | €176,896 | €149,996 | €133,990 | ▼ 10.7% |
| Amounts payable after more than one year17 | €24,897 | €16,783 | €9,278 | €1,862 | - | €44,000 | €31,521 | €18,968 | ▼ 39.8% |
| Financial debts170/4 | - | - | - | €1,862 | - | €44,000 | €31,521 | €18,968 | ▼ 39.8% |
| Amounts payable within one year42/48 | €44,943 | €48,806 | €34,297 | €102,501 | €53,967 | €132,896 | €118,475 | €115,022 | ▼ 2.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,417 | €1,862 | €12,406 | €12,479 | €12,553 | ▲ 0.6% |
| Trade debts44 | €22,342 | €25,196 | €2,773 | €2,008 | €1,567 | €6,483 | €1,637 | €1,952 | ▲ 19.3% |
| Suppliers440/4 | - | - | - | €2,008 | €1,567 | €6,483 | €1,637 | €1,952 | ▲ 19.3% |
| Taxes, remuneration and social security45 | - | - | - | €8,613 | €9,076 | €9,210 | €9,044 | €9,296 | ▲ 2.8% |
| Taxes450/3 | - | - | - | €6,513 | - | €9,210 | €9,044 | €9,296 | ▲ 2.8% |
| Remuneration and social security454/9 | - | - | - | €2,100 | €9,076 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €84,463 | €41,462 | €104,796 | €95,315 | €91,221 | ▼ 4.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,730 | €33,550 | €30,996 | €40,667 | €50,848 | €59,660 | €64,256 | €67,528 | ▲ 5.1% |
| + Depreciation and write-downs630 | €8,012 | €11,153 | €11,834 | €12,786 | €14,553 | €17,411 | €24,796 | €24,248 | ▼ 2.2% |
| Operating cash flow (approximation) | €41,742 | €44,703 | €42,829 | €53,454 | €65,401 | €77,071 | €89,052 | €91,776 | ▲ 3.1% |
| Investment in fixed assets (approximation) | - | -€23,632 | -€9,422 | -€2,762 | -€34,435 | -€72,923 | -€4,403 | -€7,545 | ▼ 71.4% |
| Change in cash | - | -€2,754 | €32,973 | €5,228 | -€27,740 | -€3,321 | -€7,910 | -€15,808 | ▼ 99.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 10-09-2026 | 2026-00512609 |
| 31-12-2024 | micro format | 25-08-2025 | 2025-00414028 |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00325998 |
| 31-12-2022 | micro format | 08-08-2023 | 2023-00328087 |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20328220 |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44300106 |
| 31-12-2019 | micro format | 25-06-2020 | 2020-21000476 |
| 31-12-2018 | micro format | 20-06-2019 | 2019-20800221 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 · 1 entry · €65 awarded · €65 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
15-10
Gazette deed
Resignation: PAESBRUGGHE Olivier Pierre Jules (director)Reappointment: PAESBRUGGHE Olivier Pierre Jules (director) · Capital conversion · Reserve release14 facts ▸
- General meeting, 10-10-2024
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen aan bepalingen van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “middelen beschikbaar voor uitkering, overeenkomstig de vormen en meerderheden van de statutenwijziging” (deed in Dutch)
- Registered office clause, “8840 Staden,Grote Veldstraat 140/B” (deed in Dutch)
- Amendment of the articles, “statuten” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, PAESBRUGGHE Olivier Pierre Jules (director)
- Director reappointment, PAESBRUGGHE Olivier Pierre Jules (director (not named in the articles))
- Other provision, “geen verbodsbepaling mandaat, niet getroffen door enige verbodsbepaling voor uitoefenen mandaat” (deed in Dutch)
- Director discharge, PAESBRUGGHE Olivier Pierre Jules
- +2 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36019B1268/00C000 | Flanders | 4,224 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Consulting,design,alsook in-en verkoop en distributie van goederen,software en diensten in de ICT sector; Het verrichten van alle…” (deed in Dutch)
29 activities (deed in Dutch)
- Consulting,design,alsook in-en verkoop en distributie van goederen,software en diensten in de ICT sector.
- Het verrichten van alle activiteiten van een softwarehuis,dit wil zeggen analyse,ontwikkeling,commercialisering en exploitatie van software,evenals alle handelingen omtrent de in- en verkoop en de verhuur van ondersteunend materiaal.
- Het verlenen van opleiding aangaande software ontwikkeling en ondersteunende processen in de ruime zin,alsook het verlenen van advies,consultancy,diensten en voorlichting aan natuurlijke en rechtspersonen zowel in de privé als in de openbare sector,zowel in binnen- als buitenland met betrekking tot diverse informatiesystemen,diverse soft- en hardware in het internet.
- Het geven van adviezen en het uitvoeren van managementactiviteiten op het vlak van administratie,directie,strategie,beheer,ontwikkeling,informatica,marketing,personeelszaken,bedrijfsprocessen,verkoop,public relations en in activiteiten van financiële,commerciële,sociale en juridische aard ten behoeve van bedrijven,administraties en andere organismen,zowel van publieke als privé-aard.
- Consultancy inzake sociale,klassieke en nieuwe media.
- Aankoop-verkoop,import-export,huur-verhuur,leasing en installatie en het onderhoud van computer-hardware en -software allerhande,alsook van alle communicatiesystemen,zowel hard- en software,en alle randapparatuur en toebehoren ervan,alsmede het onderhoud ervan.
- De onderneming in elektronische handel,de verkoop van alle goederen of diensten via het internet of andere gegevensdragers,met inbegrip van het opmaken van websites en applicaties en het verlenen van alle diensten dienaangaande.
- De productie,ontwikkeling en realisatie van interactieve multimedia-toepassingen en elke vorm van interactieve handel of levering van diensten.
- Aankoop-verkoop,import-export,verhuur,leasing en installatie van communicatiesystemen zowel hardware als software en alle toebehoren.
- Het ontwikkelen,kopen en verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
- Het onderzoek,de ontwikkeling,de vervaardiging of de commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen.
- Alle daden en verrichtingen te doen in groothandel of kleinhandel,voor eigen rekening of voor rekening van derden,die verband houden met informatieproducten,software en hardware,elektrische huishoudelijke apparaten,audio- en videoapparatuur,verlichtingsapparatuur,meubelen,boeken en toebehoren.
- Het ter beschikking stellen van derden in welke vorm ook van benodigdheden,materiaal,instrumenten,hard- en software.
- Producties,creaties,evenementen en uitgeverij in de artistieke sector en audio-video-multimedia en entertainment branche.
- De organisatie van en deelname aan manifestatie,tentoonstellingen,evenementen en beurzen allerhande.
- Het ontwerpen en voeren van reclame- en promotiecampagnes voor derden via verschillende media.
- Het uitoefenen van bedrijfsleiding en het organiseren ervan,alsook het waarnemen van het bestuur op alle niveaus,zowel voor eigen rekening als voor rekening van derden,van handels-,nijverheids-,of andere onderneming,om het even in welke vorm.
- Het handelen als tussenpersoon in de handel,dit zowel voor eigen rekening,in consignatie als op commissiebasis.
- Het verwerven,beheren en verkopen van roerende en onroerende goederen (bebouwd of onbebouwd) als investering,zelfs als deze noch rechtstreeks,noch onrechtstreeks verband houden met het maatschappelijk doel van de vennootschap.
- Huur,verhuur,koop,verkoop van roerende en onroerende goederen (bebouwd of onbebouwd) en aanverwante activiteiten.Hierbij mag de vennootschap haar installaties en exploitaties tevens in huur geven of in beheer door derden,geheel of gedeeltelijk.
- Het ontwerpen,programmeren,aanmaken en verwerken van websites,CD-ROMS,audio,video en foto’s en dit in de mest ruime zin.
- Het ontwerpen van toepassingen voor PDA,gsm’s,en PSP.
- Vervaardiging en reparatie van elektronische onderdelen,elektronische printplaten,computers en randapparatuur,communicatieapparatuur,consumentenelektronica,meet-,controle-,en navigatie-instrumenten en apparatuur,uurwerken,magnetische en optische media,lampen,verlichtingsapparaten en andere elektronische apparatuur.
- Uitgeverij van computerspellen en software.
- De vennootschap mag deelnemen in of directie voeren over andere vennootschappen en ondernemingen,het management en het bestuur voeren van om het even welke ondernemingen en vennootschappen.
- De vennootschap mag optreden als bestuurder,beheerder of vereffenaar.
- De vennootschap kan,binnen de perken van haar voorwerp,zowel in België als in het buitenland,alle roerende,onroerende,financiële,industriële,commerciële,of burgerrechtelijke verrichtingen doen.
- De vennootschap kan deelnemen bij wijze van inbreng,overdracht,samensmelting,inschrijving,participatie,financiële tussenkomst of op andere wijze in alle vennootschappen,ondernemingen,tijdelijke verenigingen of verrichtingen die een gelijkaardig of verwant voorwerp hebben of die van aard zijn de verwezenlijking van haar voorwerp te bevorderen.
- De vennootschap mag verder,zowel in België als in het buitenland,alle commerciële,industriële en financiële handelingen verrichten,welke rechtstreeks of onrechtstreeks in verband staan met haar voorwerp en die kunnen bijdragen tot de verwezenlijking,de uitbreiding of vergemakkelijking ervan,met inbegrip van de onderneming in het algemeen en de uitbating van alle intellectuele rechten en industriële en commerciële eigendommen die er betrekking op hebben.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DEVMINDS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Regels inzake belangenconflicten voor leden bestuursorgaan vinden in voorkomend geval toepassing op vaste vertegenwoordiger, hoofdelijk met…” (deed in Dutch)“Vaste of evenredige vergoeding, 12” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden,zowel ten bezwarende titel als ten kosteloze titel,zowel vrijwillig als gedwongen (uitsluiting en…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, Artikel 25” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 26, bij ontbinding om welke reden en op welk ogenblik ook” (deed in Dutch)