DEVO - 43 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €33k and a net result of €5k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 41% of 7980 sector peers (fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €33k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
9 d early
2023
8 d early
2022
38 d early
2021
53 d early
2020
22 d early
2019
31 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▲ 19.7%
2024 · €28k
2018: €30k
2019: €41k
2020: €44k
2021: €29k
2022: €27k
2023: €26k
2024: €28k
2018 → 2025
Net result
€5k▲ 161%
2024 · €2k
2018: €14k
2019: €11k
2020: €3k
2021: €-16k
2022: €-1k
2023: €-2k
2024: €2k
2018 → 2025
Total assets
€83k▲ 44.7%
2024 · €57k
2018: €84k
2019: €77k
2020: €78k
2021: €54k
2022: €55k
2023: €56k
2024: €57k
2018 → 2025
Solvency
40.1%▼ 8.4pp
2024 · 48.5%
2018: 35.6%
2019: 53.3%
2020: 56.8%
2021: 53.1%
2022: 49.8%
2023: 46.4%
2024: 48.5%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€27k▼ 3.9%€26k▼ 6.2%€28k▲ 8.2%€33k▲ 19.7%
Operating result€-15k-€-1k▲ 93.2%€-2k▼ 57.5%€2k€5k▲ 165%
Net result€-16k-€-1k▲ 92.9%€-2k▼ 53.9%€2k€5k▲ 161%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 165% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€36k▲ 790%
Current assets
€47k▼ 11.5%
Equity and liabilities €83k
Equity
€33k▲ 19.7%
Debt
€50k▲ 68.3%
The debt ratio rises from 51.5% to 59.9%. Equity and debt are higher.
Key figures and ratios
Solvency
40.1%▼
2024 · 48.5%
ROE
16.5%▲
2024 · 7.6%
ROA
6.6%▲
2024 · 3.7%
Debt
€50k▲
2024 · €30k
Debt ≤ 1 year
€46k▲
2024 · €26k
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€57k€83k▲
Fixed assets21/28€4k€36k▲
Tangible fixed assets22/27€4k€36k▲
Furniture and vehicles24€971€34k▲
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€85€85=
Current assets29/58€53k€47k▼
Stocks and contracts in progress3€1k€933▼
Stocks30/36€1k€933▼
Amounts receivable within one year40/41€3k€9k▲
Trade receivables40€3k€9k▲
Other amounts receivable41€735€40▼
Cash at bank and in hand54/58€48k€37k▼
Deferred charges and accrued income490/1€741€923▲
Equity and liabilities
Total equity and liabilities10/49€57k€83k▲
Equity10/15€28k€33k▲
Contributions10/11€19k€19k=
Reserves13€24k€24k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€-14k€-9k▲
Amounts payable17/49€30k€50k▲
Amounts payable within one year42/48€26k€46k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€70€3k▲
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€23k€41k▲
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20242025
Non-recurring operating income76A-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€10k▲
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€438€0▼
Gross operating margin9900€7k€17k▲
Operating profit (loss)9901€2k€5k▲
Financial income75/76B€116€203▲
Recurring financial income75€116€203▲
Financial charges65/66B€67€166▲
Recurring financial charges65€67€166▲
Profit (loss) for the period before taxes9903€2k€5k▲
Profit (loss) for the period9904€2k€5k▲
Profit (loss) for the period to be appropriated9905€2k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-9k▲
Profit (loss) brought forward from the previous period14P€-17k€-14k▲
Transfer from equity791/2€0-
The notes to these accounts (13 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-16k ▼632%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hasselt · 1 establishment unit since 1999
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.
Kersenstraat 73510 HasseltGround area
799 m²
Building footprint
188 m²
Volume, LiDAR
814 m³
Parcel 71028B0173/00A002, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kersenstraat 7, 3510 Hasselt
since 19992.092.984.539
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028B0173/00A002 | Flanders | 799 m² | 1 · 188 m² | 6.8 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 445 EUR awarded · 445 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 445 EUR | 445 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 9,101 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-08-1999
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
52100Warehousing and storage
52210Service activities incidental to land transportation
52250Logistics services
52290Warehousing and support activities for transportation
63122
63210
63401
70200Business and other management consultancy
70220Business consulting
70322
74142
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.