Devo Consult
ActiveSummary
Devo Consult has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222,235 and a net result of €1,148. Equity is growing by about 7.5% per year across the filed financial years. Its solvency ranks better than 95% of 39,152 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €222,235
- Profit
- €1,148
Why 96lowers riskLiquidity: current ratio 23.79, cash €160,404Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €222,235 (96.6% of total assets)Size: total assets €230,155Show the evidence
Checked score
Fewer than 1 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 70, micro): better than 86% on solvency, 97% on liquidity, 32% on profitability and 43% on growth.
The bankruptcy probability was computed on 28-10-2026 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 before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €1,148 ▼74.2%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is over 5.4 times 2024.
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 70, Activities of head offices; management consultancy activities: 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 5,047 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 93.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 0.9% |
| 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 5,047 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,635 | €7,639 | €9,362 | €8,751 | €9,231 | €9,231 | €6,460 | ▼ 30.0% |
| Other operating charges640/8 | - | - | €953 | €1,143 | €945 | €1,119 | €1,217 | ▲ 8.8% |
| Gross operating margin9900 | €124,809 | €97,614 | €49,781 | €39,001 | €25,693 | €10,832 | €10,297 | ▼ 4.9% |
| Operating profit (loss)9901 | €116,230 | €89,445 | €39,466 | €29,107 | €15,517 | €482 | €2,620 | ▲ 443% |
| Financial income75/76B | - | - | €144 | €219 | - | €7,382 | €0 | ▼ 100% |
| Recurring financial income75 | - | €1 | €144 | €219 | - | €7,382 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | €48 | €48 | €257 | €67 | €54 | ▼ 19.3% |
| Recurring financial charges65 | €80 | €48 | €48 | €48 | €257 | €67 | €54 | ▼ 19.3% |
| Profit (loss) for the period before taxes9903 | €116,150 | €89,398 | €39,562 | €29,278 | €15,260 | €7,798 | €2,566 | ▼ 67.1% |
| Income taxes67/77 | €34,623 | €24,460 | €11,340 | €9,233 | €5,753 | €3,350 | €1,418 | ▼ 57.7% |
| Profit (loss) for the period9904 | €81,527 | €64,938 | €28,222 | €20,045 | €9,507 | €4,448 | €1,148 | ▼ 74.2% |
| Profit (loss) for the period to be appropriated9905 | €81,527 | €64,938 | €28,222 | €20,045 | €9,507 | €4,448 | €1,148 | ▼ 74.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €107,966 | €181,844 | €206,628 | €225,801 | €230,285 | €232,423 | €230,155 | ▼ 1.0% |
| Fixed assets21/28 | €6,483 | €26,995 | €33,132 | €25,885 | €16,654 | €7,423 | €41,719 | ▲ 462% |
| Tangible fixed assets22/27 | €6,483 | €26,995 | €33,132 | €25,885 | €16,654 | €7,423 | €41,719 | ▲ 462% |
| Plant, machinery and equipment23 | - | - | €33,132 | €24,402 | €15,672 | €6,942 | €1,529 | ▼ 78.0% |
| Furniture and vehicles24 | - | - | - | €1,482 | €981 | €480 | €40,191 | ▲ 84× |
| Current assets29/58 | €101,483 | €154,849 | €173,495 | €199,916 | €213,631 | €225,000 | €188,435 | ▼ 16.3% |
| Amounts receivable within one year40/41 | €15,057 | €13,308 | €71,903 | €14,649 | €14,962 | €16,713 | €24,589 | ▲ 47.1% |
| Trade receivables40 | - | - | €15,527 | €11,600 | €11,129 | €12,905 | €17,417 | ▲ 35.0% |
| Other amounts receivable41 | - | - | €56,376 | €3,049 | €3,833 | €3,808 | €7,172 | ▲ 88.3% |
| Cash at bank and in hand54/58 | €85,971 | €141,042 | €101,160 | €185,042 | €197,016 | €205,882 | €160,404 | ▼ 22.1% |
| Deferred charges and accrued income490/1 | - | - | €432 | €225 | €1,653 | €2,406 | €3,442 | ▲ 43.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €107,966 | €181,844 | €206,628 | €225,801 | €230,285 | €232,423 | €230,155 | ▼ 1.0% |
| Equity10/15 | €93,927 | €158,865 | €187,087 | €207,132 | €216,639 | €221,087 | €222,235 | ▲ 0.5% |
| Contributions10/11 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €81,527 | €146,465 | €174,687 | €194,732 | €204,239 | €208,687 | €209,835 | ▲ 0.5% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €172,827 | €192,872 | €204,239 | €208,687 | €209,835 | ▲ 0.5% |
| Amounts payable17/49 | €14,040 | €22,979 | €19,541 | €18,669 | €13,646 | €11,336 | €7,920 | ▼ 30.1% |
| Amounts payable within one year42/48 | €14,040 | €22,979 | €19,541 | €18,669 | €13,646 | €11,336 | €7,920 | ▼ 30.1% |
| Trade debts44 | €590 | €1,167 | €1,050 | €7,009 | €900 | €692 | €2,589 | ▲ 274% |
| Suppliers440/4 | - | - | €1,050 | €7,009 | €900 | €692 | €2,589 | ▲ 274% |
| Taxes, remuneration and social security45 | - | - | €13,426 | €4,303 | €4,477 | €1,321 | €969 | ▼ 26.7% |
| Taxes450/3 | - | - | €13,426 | €4,303 | €4,477 | €1,321 | €969 | ▼ 26.7% |
| Other amounts payable47/48 | - | - | €5,065 | €7,356 | €8,269 | €9,322 | €4,362 | ▼ 53.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81,527 | €64,938 | €28,222 | €20,045 | €9,507 | €4,448 | €1,148 | ▼ 74.2% |
| + Depreciation and write-downs630 | €7,635 | €7,639 | €9,362 | €8,751 | €9,231 | €9,231 | €6,460 | ▼ 30.0% |
| Operating cash flow (approximation) | €89,162 | €72,577 | €37,584 | €28,796 | €18,738 | €13,679 | €7,607 | ▼ 44.4% |
| Investment in fixed assets (approximation) | - | -€28,150 | -€15,500 | -€1,503 | €0 | €0 | -€40,756 | - |
| Change in cash | - | €55,071 | -€39,882 | €83,882 | €11,974 | €8,866 | -€45,478 | - |
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 (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 20-07-2026 | 2026-00310909 |
| 31-12-2024 | micro format | 12-07-2025 | 2025-00261632 |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00212535 |
| 31-12-2022 | micro format | 09-07-2023 | 2023-00217681 |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20241349 |
| 31-12-2020 | micro format | 27-07-2021 | 2021-41200466 |
| 31-12-2019 | micro format | 24-08-2020 | 2020-44000519 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DEVOLDER Jean Pierre |
|
Owners and capital
Capital and shareholders
- 05-09-2023 Converted to unavailable equity
- 05-09-2023 Converted to available equity
Group and network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
05-09
Gazette deed
Resignation: DEVOLDER Jean Pierre (director)Reappointment: DEVOLDER Jean Pierre (director) · Legal-form conversion · Capital conversion14 facts ▸
- General meeting, 28-08-2023
- Other provision, “onderwerping statuten aan WVV, onderwerpen” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “Eigen vermogen – Beschikbaar” (deed in Dutch)
- Power of attorney
- Amendment of the articles
- Other provision, “letterlijk uittreksel nieuwe statuten volgt” (deed in Dutch)
- Capital
- Other provision, 01-01-2020, “terminologie WVV” (deed in Dutch)
- Director resignation, DEVOLDER Jean Pierre (director (not named in the articles))
- Director reappointment, DEVOLDER Jean Pierre (director (not named in the articles))
- +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 28 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 |
|---|---|---|---|---|
| 35003C0935/00X002 | Flanders | 1,824 m² | 1 · 369 m² | 9.5 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van adviezen van financiële, technische, commerciële en administratieve aard in de ruimste zin; Het verlenen van advies op het…” (deed in Dutch)
14 activities (deed in Dutch)
- Het verlenen van adviezen van financiële, technische, commerciële en administratieve aard in de ruimste zin.
- Het verlenen van advies op het gebied van public relations, communicatie, bedrijfsbeheer en bedrijfsvoering.
- Het prospecteren van mogelijke klanten in opdracht van verschillende bedrijven in de verschillende sectoren in de ruimste zin.
- Het organiseren van markt- en opinieonderzoeken.
- Het verlenen van bijstand en diensten, rechtstreeks of onrechtstreeks op het vlak van administratie en financiën, verkoop, productie en algemeen beheer.
- Het besturen van vennootschappen en verenigingen, met name de deelname aan en de bijstand bij het beheer, bestuur, en management van vennootschappen, ongeacht hun doel en activiteit, via de uitoefening van de functie van bestuurder, gedelegeerd-bestuurder, directeur, directeur-generaal, manager, en van alle andere topfuncties die door de vennootschap op grond van een overeenkomst aan een zelfstandig manager kunnen worden uitbesteed.
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie, de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen.
- Het verlenen van dienstprestaties van administratieve en bedrijfseconomische aard in de meest uitgebreide betekenis, zowel in eigen beheer als in deelname met derden. Daarin wordt onder andere begrepen: het verlenen aan bedrijven van advies en bijstand en het voeren voor deze bedrijven van het beleid en het beheer op technisch, commercieel, administratief en bedrijfseconomisch vlak; de analyse van de toestand en de werking van ondernemingen vanuit het oogpunt van hun kredietwaardigheid, hun rendabiliteit en risico’s; het organiseren van de administratieve diensten, evenals de consult inzake deze organisatie en het organiseren van het aankoop- en verkoopbeleid van de ondernemingen.
- Het huren en verhuren en het terbeschikking stellen in gelijk welke vorm aan de ondernemingen en verenigingen van materialen, installaties en van personeel.
- De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in het kort: tussenpersoon in de handel.
- Het onderzoek, de ontwikkeling, de vervaardiging of commercialisering van nieuwe producten, nieuwe vormen van technologie en hun toepassingen.
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen, alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor de goede verkoop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Devo Consult
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s),naar evenredigheid aantal bij meerdere kopers, alle nodige handelingen waaronder aftekening overdracht in…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of June at 09:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Op elk moment door algemene vergadering beslissend in vormen statutenwijziging, na aanzuivering schulden/lasten/kosten of consignatie nodige…” (deed in Dutch)