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.

Risk analysisWatch Report Compare

DEVNETActive

Risk analysis Report Compare

Activity

Engineering and related technical consultancy, excluding land surveyors

NACE 71121

Size

€893,798turnover 2025

Profit: €100,075

Financial health

Too few figures to scoreProbability: legal form outside the model

Structure

Board: 1 member

Accounts 32 d early1 of 14 deeds read

SignalsLatest accounts filed on timeShow the evidence

Checked score

No current score

Insufficient figures

A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.

Bankruptcy probability, 12 months

For this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

1 signal. The signal on the left, the evidence on the right.

○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 29-06-2026, 32 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

32 d early

2024

36 d early

2023

100 d early

2022

40 d early

2021

47 d early

2020

67 d early

2019

46 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 53 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 23 June (3 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

04-10-2026 today31-12-2026 close31-07-2027 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

29-06-26 Annual accounts filedfiscal year 2025 · abbreviated…
22-06-26 Reappointment: Paul SOTO HARDIMAN (manager)Power of attorney
25-06-25 Annual accounts filedfiscal year 2024 · full…

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

Last 5 years All 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

Sector (middle half)

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-€0.09m▲ 2.2%€0.2m▲ 138%€0.04m▼ 80.5%€0.06m▲ 39.1%€0.09m▲ 68.3%€0.1m▲ 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€0.1m

Total assets€0.9m-€1.1m▲ 24.5%€0.7m▼ 31.2%€0.8m▲ 2.6%€0.5m▼ 29.2%€0.6m▲ 10.5%€0.6m▼ 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-€0.1m€0.1m▲ 9.4%€0▼ 100%€0€0€0

Solvency15.0%

Current ratio0.99-1.11▲ 0.111.18▲ 0.071.00▼ 0.181.00=1.00=1.00=

Return on assets (ROA)9.6%-7.9%▼ 1.7pp27.3%▲ 19.4pp5.2%▼ 22.1pp10.2%▲ 5.0pp15.6%▲ 5.3pp17.5%▲ 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

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

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.

Line	2019	2020	2021	2022	2023	2024	2025	Change
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%

Line	2019	2020	2021	2022	2023	2024	2025	Change
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%

Line	2019	2020	2021	2022	2023	2024	2025	Change
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.

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Subsidies and aid

European Union, budget

2023 to 2024 · 2 entries

Year	Entries	awarded
2024	1	€0
2023	1	€0

Projects

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Directors

1 director

Paul SOTO HARDIMAN

Manager

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Not every act has been read: a resignation may be missing here

13 of this company's 14 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Mandate history

1 person since 2026, 1 in office

All 1 In office 1

Board
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Paul SOTO HARDIMAN	Manager, already before 22-06-2026 to date

See the board, name and seat on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

1 current director

Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

History

DEVNET was incorporated on 5 May 2009.¹ Revenue fell from €2.0m in 2019 to €893,798 in 2025.²

Acts, filings and financial milestones

All 13Financial 2Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-06

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

22-06

State Gazette act Reappointment: Paul SOTO HARDIMAN (manager)

Power of attorney4 facts ▸

Power of attorney, Claire Pellissier-Tanon
Power of attorney, Marion de Crombrugghe
General meeting, 1/90/2025
Director reappointment, Paul SOTO HARDIMAN (manager)

2025

25-06

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

22-04

NBB filing Annual accounts filed

fiscal year 2023 · full schema

13-03

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2023

21-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Weakest financial yearnet €39,748 ▼80.5%

Net result drops to €39,748, the lowest in the series; recovery starts the following year.

2021

15-12

NBB filing Annual accounts filed

fiscal year 2021 · full schema

30-06

Financial Highest result since 2019net €203,357 ▲138%

Operating result €206,575, net result €203,357, both a record.

2020

25-11

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2019

16-12

NBB filing Annual accounts filed

fiscal year 2019 · full schema

08-01

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2017

12-12

NBB filing Annual accounts filed

fiscal year 2017 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 14 acts read

About the unread acts

Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification

Legal formEuropean economic interest grouping

Founded05-05-2009

Fiscal year end31-12

Activities, NACEBEL 2025

71121Engineering and related technical consultancy, excluding land surveyors

E-invoicing

Reachable via Peppol

Peppol ID 0208:0811545847

Also 9925:BE0811545847

Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint

Registered office, Etterbeek

exact location from the address register On OpenStreetMap

Ground area

284 m²

Building footprint

282 m²

Volume, LiDAR

1,621 m³

Parcel 21005A0532/00C002, Brussels · tallest building 17.0 m, ±1 floor. Linked by address, not a title deed.

9 companies at this address See who is registered here

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21005A0532/00C002	Brussels	284 m²	1 · 282 m²	17.0 m · 1 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.