Devo en Co.
ActiveSummary
Devo en Co. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,536 and a net result of €8,937. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+28
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 3.42 against 6.44 in 2024; short-term debt: 22.9% and cash: 25% of total assets), and 22.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.1%
Return on assets
14.2%
Age of the figures
9 mo
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
44 d early
2023
44 d early
2022
41 d early
2021
40 d early
2020
12 d early
2019
8 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 33 days before the deadline; the sector median for financial year 2024 is 12 days after the deadline, and 56% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 18 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
In the rankings
#8 oldest company in East Flanders, Postal and courier sector
Equity
€48,536▼ 46.0%
2024 · €89,875
Total assets
€62,948▼ 39.0%
2024 · €103,144
Net result
€8,937▲ 65.7%
2024 · €5,392
Working capital
€34,840▼ 51.7%
2024 · €72,175
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,161▼ 15.4%€20,100▲ 4.9%€12,989▼ 35.4%€5,595▼ 56.9%€12,204▲ 118%
Net result€13,170within the sector's middle half▼ 12.9%€17,207within the sector's middle half▲ 30.7%€10,735within the sector's middle half▼ 37.6%€5,392within the sector's middle half▼ 49.8%€8,937within the sector's middle half▲ 65.7%
Equity€78,286above the sector's middle half▲ 6.8%€89,492above the sector's middle half▲ 14.3%€94,087above the sector's middle half▲ 5.1%€89,875above the sector's middle half▼ 4.5%€48,536within the sector's middle half▼ 46.0%
Total assets€97,345within the sector's middle half▲ 2.9%€109,322within the sector's middle half▲ 12.3%€109,592within the sector's middle half▲ 0.2%€103,144within the sector's middle half▼ 5.9%€62,948within the sector's middle half▼ 39.0%
Debt€19,059▼ 10.5%€19,830▲ 4.0%€15,505▼ 21.8%€13,269▼ 14.4%€14,412▲ 8.6%
Working capital€55,540above the sector's middle half▼ 17.8%€69,928above the sector's middle half▲ 25.9%€73,392above the sector's middle half▲ 5.0%€72,175above the sector's middle half▼ 1.7%€34,840within the sector's middle half▼ 51.7%
Solvency80.4%above the sector's middle half▲ 2.9pp81.9%above the sector's middle half▲ 1.4pp85.9%above the sector's middle half▲ 4.0pp87.1%above the sector's middle half▲ 1.3pp77.1%above the sector's middle half▼ 10.0pp
Current ratio3.91above the sector's middle half▼ 0.264.53above the sector's middle half▲ 0.615.73above the sector's middle half▲ 1.216.44above the sector's middle half▲ 0.713.42above the sector's middle half▼ 3.02
Return on assets (ROA)13.5%within the sector's middle half▼ 2.5pp15.7%within the sector's middle half▲ 2.2pp9.8%within the sector's middle half▼ 5.9pp5.2%within the sector's middle half▼ 4.6pp14.2%within the sector's middle half▲ 9.0pp
above
within
below
the middle half (P25 to P75) of NACE 53, Postal and courier activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 118% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62,152
Fixed assets
€12,900 ▼ 22.5%
Current assets
€49,252 ▼ 42.4%
Equity and liabilities €62,948
Equity
€48,536 ▼ 46.0%
Debt
€14,412 ▲ 8.6%
Debt's share of the balance-sheet total rises from 12.9% to 22.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16,231▲
2024 · €10,417
Cash flow
€12,964▲
2024 · €10,214
Debt to equity
0.30▲
2024 · 0.15
ROE
18.4%▲
2024 · 6.0%
Interest coverage
6.38▲
2024 · 3.96
Debt ≤ 1 year
€14,412▲
2024 · €13,269
Income taxes
€4,474▲
2024 · €3,264
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% 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 497,338 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% | 1.9% |
| 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% 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 31,370 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,426 | €17,752 | €5,739 | €4,822 | €4,027 | ▼ 16.5% |
| Other operating charges640/8 | €3,037 | €1,153 | €1,191 | €1,375 | €1,213 | ▼ 11.8% |
| Gross operating margin9900 | €25,624 | €39,005 | €19,919 | €11,792 | €17,444 | ▲ 47.9% |
| Operating profit (loss)9901 | €19,161 | €20,100 | €12,989 | €5,595 | €12,204 | ▲ 118% |
| Financial income75/76B | €2,218 | €7,107 | €4,429 | €5,689 | €3,750 | ▼ 34.1% |
| Recurring financial income75 | €2,218 | €7,107 | €4,429 | €5,689 | €3,750 | ▼ 34.1% |
| Financial charges65/66B | €388 | €1,090 | €480 | €2,628 | €2,543 | ▼ 3.2% |
| Recurring financial charges65 | €388 | €1,090 | €480 | €2,628 | €2,543 | ▼ 3.2% |
| Profit (loss) for the period before taxes9903 | €20,991 | €26,117 | €16,938 | €8,656 | €13,411 | ▲ 54.9% |
| Income taxes67/77 | €7,821 | €8,910 | €6,203 | €3,264 | €4,474 | ▲ 37.1% |
| Profit (loss) for the period9904 | €13,170 | €17,207 | €10,735 | €5,392 | €8,937 | ▲ 65.7% |
| Profit (loss) for the period to be appropriated9905 | €13,170 | €17,207 | €10,735 | €5,392 | €8,937 | ▲ 65.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €97,345 | €109,322 | €109,592 | €103,144 | €62,948 | ▼ 39.0% |
| Formation expenses20 | - | - | €1,327 | €1,061 | €796 | ▼ 25.0% |
| Fixed assets21/28 | €22,746 | €19,564 | €19,368 | €16,639 | €12,900 | ▼ 22.5% |
| Tangible fixed assets22/27 | €12,980 | €9,798 | €9,602 | €6,873 | €3,134 | ▼ 54.4% |
| Plant, machinery and equipment23 | €1,342 | €850 | €267 | €208 | €350 | ▲ 68.3% |
| Furniture and vehicles24 | €11,638 | €8,948 | €9,335 | €6,665 | €2,784 | ▼ 58.2% |
| Financial fixed assets28 | €9,766 | €9,766 | €9,766 | €9,766 | €9,766 | = |
| Current assets29/58 | €74,599 | €89,758 | €88,897 | €85,444 | €49,252 | ▼ 42.4% |
| Amounts receivable after more than one year29 | €51,000 | €51,000 | €56,000 | €56,000 | €15,000 | ▼ 73.2% |
| Other amounts receivable291 | €51,000 | €51,000 | €56,000 | €56,000 | €15,000 | ▼ 73.2% |
| Amounts receivable within one year40/41 | €15,023 | €16,525 | €16,013 | €16,021 | €17,267 | ▲ 7.8% |
| Trade receivables40 | €8,808 | €8,591 | €7,115 | €7,479 | €8,724 | ▲ 16.6% |
| Other amounts receivable41 | €6,215 | €7,934 | €8,898 | €8,542 | €8,543 | = |
| Cash at bank and in hand54/58 | €7,581 | €21,488 | €15,737 | €11,490 | €15,709 | ▲ 36.7% |
| Deferred charges and accrued income490/1 | €995 | €745 | €1,147 | €1,933 | €1,276 | ▼ 34.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €97,345 | €109,322 | €109,592 | €103,144 | €62,948 | ▼ 39.0% |
| Equity10/15 | €78,286 | €89,492 | €94,087 | €89,875 | €48,536 | ▼ 46.0% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Outside capital11 | €18,592 | - | - | - | - | - |
| Other1109/19 | €18,592 | - | - | - | - | - |
| Reserves13 | €56,674 | €67,880 | €72,475 | €68,263 | €26,924 | ▼ 60.6% |
| Non-distributable reserves130/1 | €1,171 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,171 | €1,859 | - | - | - | - |
| Distributable reserves133 | €55,503 | €66,021 | €72,475 | €68,263 | €26,924 | ▼ 60.6% |
| Profit (loss) carried forward14 | €3,020 | €3,020 | €3,020 | €3,020 | €3,020 | = |
| Amounts payable17/49 | €19,059 | €19,830 | €15,505 | €13,269 | €14,412 | ▲ 8.6% |
| Amounts payable within one year42/48 | €19,059 | €19,830 | €15,505 | €13,269 | €14,412 | ▲ 8.6% |
| Current portion of amounts payable after more than one year42 | €2,347 | €3,795 | €1,285 | €2,047 | €1,693 | ▼ 17.3% |
| Trade debts44 | €5,381 | €6,426 | €5,681 | €7,784 | €5,025 | ▼ 35.4% |
| Suppliers440/4 | €5,381 | €6,426 | €5,681 | €7,784 | €5,025 | ▼ 35.4% |
| Taxes, remuneration and social security45 | €11,331 | €9,609 | €8,539 | €3,438 | €7,694 | ▲ 124% |
| Taxes450/3 | €11,331 | €9,609 | €8,539 | €3,438 | €7,694 | ▲ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,170 | €17,207 | €10,735 | €5,392 | €8,937 | ▲ 65.7% |
| + Depreciation and write-downs630 | €3,426 | €17,752 | €5,739 | €4,822 | €4,027 | ▼ 16.5% |
| Operating cash flow (approximation) | €16,596 | €34,959 | €16,474 | €10,214 | €12,964 | ▲ 26.9% |
| Investment in fixed assets (approximation) | - | -€14,570 | -€5,543 | -€2,093 | -€288 | ▲ 86.2% |
| Change in cash | - | €13,907 | -€5,751 | -€4,247 | €4,219 | ▲ 199% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €5,392 ▼49.8%
Net result drops to €5,392, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €17,207 ▲30.7%
Net result €17,207, the highest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Wichelen · 1 establishment unit since 2000
Ground area
2,277 m²
Building footprint
344 m²
Volume, LiDAR
1,601 m³
Parcel 42026B1660/00B000, Flanders · tallest building 14.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
JORDYS
since 20002.100.999.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42026B1660/00B000 | Flanders | 2,277 m² | 1 · 344 m² | 14.2 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.
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Of 4,920 companies in sector 53200 we hold annual accounts for 1,323. 1,106 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-04-1999
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465906143
Also
9925:BE0465906143
Registered
27-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.