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Devo-Plant

Active
Private limited companyfounded 2024active for 2 yearsde Manlaan 39, 8490 Jabbeke, BelgiumKBO/BCE: BE 1010.798.990
Summary

Devo-Plant has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,187 and a net result of €2,187. Its solvency ranks better than 19% of 3,703 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €850,000
Estimated: probably between €600,000 and €1.0m
Total assets
€1.4m
Net result
€2,187
Working capital
-€109,307

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €1.4m
Fixed assets €1.2m
Current assets €202,592
Equity and liabilities €1.4m
Equity €7,187
Debt €1.4m
Debt finances 99.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€233,209
Cash flow
€199,688
Current ratio
0.65
ROE
30.4%
ROA
0.2%
Interest coverage
6.25
Debt ≤ 1 year
€311,899
Debt > 1 year
€1.1m
Income taxes
€582
Staff costs
€100,787
A ratio outside any meaningful range has been withheld (balance sheet total €1.4m, equity €7,187).

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.0% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.4% stopped otherwise
92.0% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,135 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
Filed annual accounts As filed with the NBB · 2025 · 46 lines
Balance sheet Code2025
Assets
Total assets20/58€1.4m
Fixed assets21/28€1.2m
Tangible fixed assets22/27€1.2m
Land and buildings22€1.1m
Plant, machinery and equipment23€0.1m
Current assets29/58€0.2m
Amounts receivable within one year40/41€0.04m
Trade receivables40€0.04m
Other amounts receivable41€0.002m
Cash at bank and in hand54/58€0.1m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€1.4m
Equity10/15€0.007m
Contributions10/11€0.005m
Reserves13€0.002m
Distributable reserves133€0.002m
Amounts payable17/49€1.4m
Amounts payable after more than one year17€1.1m
Financial debts170/4€1.1m
Amounts payable within one year42/48€0.3m
Current portion of amounts payable after more than one year42€0.08m
Financial debts43€0.06m
Credit institutions430/8€0.06m
Trade debts44€0.01m
Suppliers440/4€0.01m
Taxes, remuneration and social security45€0.01m
Taxes450/3€393
Remuneration and social security454/9€0.01m
Other amounts payable47/48€0.1m
Accrued charges and deferred income492/3€0.009m
Income statement Code2025
Remuneration, social security and pensions62€0.1m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m
Other operating charges640/8€0.008m
Gross operating margin9900€0.3m
Operating profit (loss)9901€0.04m
Financial income75/76B€0.004m
Recurring financial income75€0.004m
Financial charges65/66B€0.04m
Recurring financial charges65€0.04m
Profit (loss) for the period before taxes9903€0.003m
Income taxes67/77€0.001m
Profit (loss) for the period9904€0.002m
Profit (loss) for the period to be appropriated9905€0.002m
Appropriation of the result
Profit (loss) to be appropriated9906€0.002m
Transfer to equity691/2€0.002m
To other reserves6921€0.002m

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€100,787
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€197,501
Other operating charges640/8€8,401
Gross operating margin9900€342,398
Operating profit (loss)9901€35,708
Financial income75/76B€4,362
Recurring financial income75€4,362
Financial charges65/66B€37,301
Recurring financial charges65€37,301
Profit (loss) for the period before taxes9903€2,769
Income taxes67/77€582
Profit (loss) for the period9904€2,187
Profit (loss) for the period to be appropriated9905€2,187
Line2025
Assets
Total assets20/58€1.4m
Fixed assets21/28€1.2m
Tangible fixed assets22/27€1.2m
Land and buildings22€1.1m
Plant, machinery and equipment23€0.1m
Current assets29/58€0.2m
Amounts receivable within one year40/41€0.04m
Trade receivables40€0.04m
Other amounts receivable41€0.002m
Cash at bank and in hand54/58€0.1m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€1.4m
Equity10/15€0.007m
Contributions10/11€0.005m
Reserves13€0.002m
Distributable reserves133€0.002m
Amounts payable17/49€1.4m
Amounts payable after more than one year17€1.1m
Financial debts170/4€1.1m
Amounts payable within one year42/48€0.3m
Current portion of amounts payable after more than one year42€0.08m
Financial debts43€0.06m
Credit institutions430/8€0.06m
Trade debts44€0.01m
Suppliers440/4€0.01m
Taxes, remuneration and social security45€0.01m
Taxes450/3€393
Remuneration and social security454/9€0.01m
Other amounts payable47/48€0.1m
Accrued charges and deferred income492/3€0.009m
Line2025
Profit (loss) for the period9904€2,187
+ Depreciation and write-downs630€197,501
Operating cash flow (approximation)€199,688

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

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 16-12-2025 2025-00582540

Similar companies · same sector, comparable size

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.