Skip to content

DEVNET

Active Risk: not assessed
European economic interest groupingfounded 200917 yrs activeSint-Pieterssteenweg 260, 1040 Etterbeek, BelgiumKBO/BCE: BE 0811.545.847
Summary

For the legal form of DEVNET, Checked does not compute a bankruptcy probability. The 2025 annual accounts show a net result of €100,075. Its net result ranks better than 73% of 2478 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Financials · fiscal year 2025, abbreviated schema

Turnover
€893,798▲ 8.4%
2024 · €824,164
EBIT margin
11.2%▼ 0.1pp
2024 · 11.3%
Net result
€100,075▲ 7.5%
2024 · €93,052
Working capital
€0
2024 · €0
Trend over the years

2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 8% above 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Turnover€0.9m 2025 Operating result€0.1m 2025 Net result€0.1m 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Total assets, Working capital, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€2.0m-€2.0m▲ 0.6%€1.9m▼ 7.6%€1.7m▼ 7.0%€0.8m▼ 55.7%€0.8m▲ 7.4%€0.9m▲ 8.4%
Operating result€0.08m-€0.09m▲ 2.7%€0.2m▲ 139%€0.04m▼ 79.2%€0.06m▲ 29.4%€0.09m▲ 67.8%€0.1m▲ 7.5%
Net result€0.08m-€0.09mwithin the sector's middle half▲ 2.2%€0.2mabove the sector's middle half▲ 138%€0.04mwithin the sector's middle half▼ 80.5%€0.06mwithin the sector's middle half▲ 39.1%€0.09mwithin the sector's middle half▲ 68.3%€0.1mwithin the sector's middle half▲ 7.5%
EBIT margin4.2%-4.3%▲ 0.1pp11.1%▲ 6.8pp2.5%▼ 8.6pp7.2%▲ 4.8pp11.3%▲ 4.1pp11.2%▼ 0.1pp
Equity€0.1mwithin the sector's middle half
Total assets€0.9m-€1.1mwithin the sector's middle half▲ 24.5%€0.7mwithin the sector's middle half▼ 31.2%€0.8mwithin the sector's middle half▲ 2.6%€0.5mwithin the sector's middle half▼ 29.2%€0.6mwithin the sector's middle half▲ 10.5%€0.6mwithin the sector's middle half▼ 4.2%
Debt€0.9m-€1.1m▲ 24.5%€0.6m▼ 41.5%€0.8m▲ 20.7%€0.5m▼ 29.2%€0.6m▲ 10.5%€0.6m▼ 4.2%
Working capital-€0.008m-€0.1mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 9.4%€0below the sector's middle half▼ 100%€0below the sector's middle half€0below the sector's middle half€0below the sector's middle half
Solvency15.0%below the sector's middle half
Current ratio0.99-1.11within the sector's middle half▲ 0.111.18within the sector's middle half▲ 0.071.00below the sector's middle half▼ 0.181.00below the sector's middle half=1.00below the sector's middle half=1.00below the sector's middle half=
Return on assets (ROA)9.6%-7.9%within the sector's middle half▼ 1.7pp27.3%above the sector's middle half▲ 19.4pp5.2%within the sector's middle half▼ 22.1pp10.2%within the sector's middle half▲ 5.0pp15.6%above the sector's middle half▲ 5.3pp17.5%above the sector's middle half▲ 1.9pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2023 Turnover -56% on 2022. The previous fiscal year ran 18 months, this one 12. The accounts now follow the full schema, last year the abbreviated schema.
  • 2022 Net result -80% on 2021. This fiscal year ran 18 months, the previous one 12. The accounts now follow the abbreviated schema, last year the full schema.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€573,012▼
2024 · €598,318
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€598,318€573,012▼
Current assets29/58€598,318€573,012▼
Amounts receivable within one year40/41€490,615€520,664▲
Trade receivables40€460,128€471,199▲
Other amounts receivable41€30,488€49,465▲
Cash at bank and in hand54/58€107,703€52,348▼
Equity and liabilities
Total equity and liabilities10/49€598,318€573,012▼
Amounts payable17/49€598,318€573,012▼
Amounts payable within one year42/48€598,318€573,012▼
Trade debts44€505,266€472,937▼
Suppliers440/4€505,266€472,937▼
Other amounts payable47/48€93,052€100,075▲
Income statement Code20242025
Turnover70€824,164€893,798▲
Goods, raw materials, services and sundry goods60/61€730,872€793,480▲
Gross operating margin9900€93,292€100,318▲
Operating profit (loss)9901€93,292€100,318▲
Financial charges65/66B€239€243▲
Recurring financial charges65€239€243▲
Profit (loss) for the period before taxes9903€93,052€100,075▲
Profit (loss) for the period9904€93,052€100,075▲
Profit (loss) for the period to be appropriated9905€93,052€100,075▲
Appropriation of the result
Profit (loss) to be appropriated9906€93,052€100,075▲
Profit to be distributed694/7€93,052€100,075▲
Other beneficiaries697€93,052€100,075▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Turnover70€2.0m€2.0m€1.9m€1.7m€0.8m€0.8m€0.9m▲ 8.4%
Goods, raw materials, services and sundry goods60/61---€1.7m€0.7m€0.7m€0.8m▲ 8.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.003m€0.002m€0.001m-----
Gross operating margin9900€0.09m€0.09m€0.2m€0.04m€0.06m€0.09m€0.1m▲ 7.5%
Operating profit (loss)9901€0.08m€0.09m€0.2m€0.04m€0.06m€0.09m€0.1m▲ 7.5%
Financial income75/76B---€6€0---
Recurring financial income75-€15€125€6€0---
Financial charges65/66B---€0.003m€324€239€243▲ 1.3%
Recurring financial charges65€370€0.001m€0.003m€0.003m€324€239€243▲ 1.3%
Profit (loss) for the period before taxes9903€0.08m€0.09m€0.2m€0.04m€0.06m€0.09m€0.1m▲ 7.5%
Profit (loss) for the period9904€0.08m€0.09m€0.2m€0.04m€0.06m€0.09m€0.1m▲ 7.5%
Profit (loss) for the period to be appropriated9905€0.08m€0.09m€0.2m€0.04m€0.06m€0.09m€0.1m▲ 7.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.9m€1.1m€0.7m€0.8m€0.5m€0.6m€0.6m▼ 4.2%
Fixed assets21/28€0.008m€0.01m------
Tangible fixed assets22/27€0.003m€0.001m------
Financial fixed assets28€0.005m€0.01m------
Current assets29/58€0.9m€1.1m€0.7m€0.8m€0.5m€0.6m€0.6m▼ 4.2%
Amounts receivable within one year40/41€0.6m€0.6m€0.4m€0.5m€0.2m€0.5m€0.5m▲ 6.1%
Trade receivables40---€0.5m€0.1m€0.5m€0.5m▲ 2.4%
Other amounts receivable41---€0.03m€0.01m€0.03m€0.05m▲ 62.2%
Cash at bank and in hand54/58€0.3m€0.5m€0.3m€0.2m€0.2m€0.1m€0.05m▼ 51.4%
Deferred charges and accrued income490/1----€0.2m---
Equity and liabilities
Total equity and liabilities10/49€0.9m€1.1m€0.7m€0.8m€0.5m€0.6m€0.6m▼ 4.2%
Equity10/15--€0.1m-----
Profit (loss) carried forward14--€0.1m-----
Amounts payable17/49€0.9m€1.1m€0.6m€0.8m€0.5m€0.6m€0.6m▼ 4.2%
Amounts payable within one year42/48€0.9m€1.0m€0.6m€0.8m€0.5m€0.6m€0.6m▼ 4.2%
Trade debts44€0.8m€0.9m€0.5m€0.6m€0.5m€0.5m€0.5m▼ 6.4%
Suppliers440/4---€0.6m€0.5m€0.5m€0.5m▼ 6.4%
Other amounts payable47/48---€0.2m€0.06m€0.09m€0.1m▲ 7.5%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€83,677€85,519€203,357€39,748€55,282€93,052€100,075▲ 7.5%
+ Depreciation and write-downs630€3,403€2,394€619-----
Operating cash flow (approximation)€87,080€87,913€203,976€39,748€55,282€93,052€100,075▲ 7.5%
Investment in fixed assets (approximation)--€7,200------
Change in cash-€222,623-€211,987-€63,187-€81,734-€51,202-€55,355▼ 8.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,581 companies in this sector we hold annual accounts for 6,753. See the whole sector

Subsidies and aid

European Union, budget

2023 to 2024 · 2 entries
Year Entries awarded
2024 1 €0
2023 1 €0
Projects
ESTABLISHING AND RUNNING FAME-NET SUPPORT UNIT (FSU) ESTABLISHED UNDER THE EUROPEAN MARITIME FISHERIES AND AQUACULTURE FUND (EMFAF)
European Maritime, Fisheries and Aquaculture Fund · 01-01-2022 to 31-12-2025