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Devoco

Active Private limited companyfounded 2018active for 8 yearsVictor Nelisstraat 51, 2900 SchotenKBO/BCE: BE 0696.803.260

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €100,095 (2024)
€63,397▼ 36.7%
peak €102,834 (2023)
€64,691▼ 32.0%
peak €373,334 (2025)
€373,334▲ 21.0%
€30,598▼ 35.5%
Board1 name since 2018
1 directorDE VOS Ken
Documentsfilings and deeds
02-12-202560 days before the deadline
2025micro format
Gross margin from €100,095 to €63,397Result from €95,184 to €64,691Equity from €308,643 to €373,334Debts from €47,412 to €30,598Cash from €47,098 to €108,942

Key points

from the 2025 annual accounts

Equity

€373,334 ▲ 21.0%

Devoco has made a profit in every financial year since 2019.

Liquidity

9.38 was 5.05 in 2024

Short-term debts fell from €47,218 to €30,598.

Position in the sector

92.4%

Higher solvency than 91% of companies in head offices and management consultancy. Sector median 55.5% · 39,364 companies.

Checked score

96
Excellent
Financially stronger than 72% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: 0.1%▲ +0.1 percentage points vs 12-2024highest value 02-2025: < 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 92.4% of total assets
84+20short-term debt 7.6% · cash 27.0%
89-11return on assets 16.0%

Score breakdown

lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 9.38, cash €108,942
Equity €373,334 (92.4% of total assets)
Size: total assets €403,932
Calculation

The band follows from the bankruptcy probability. 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). It does better than 86% of them on solvency, 76% on liquidity, 58% on profitability and 67% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as Devoco has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Devoco itself is lower: < 0.1% within 12 months. It rests on far more data about Devoco than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for Devoco. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 9.38 (5.05 in 2024), above the usual 1.5. Short-term debt is 7.6% and cash 27% of total assets. 7.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 9.38, cash €108,942
NBB · annual accounts
lowers risk · Equity €373,334 (92.4% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €403,932
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
60 days early
2024
8 days early
2023
57 days early
2022
22 days early
2021
40 days early
2020
1 day late
2019
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 35 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DV
Director, since 25-05-2018

Shares in 1 company, Projekt 2

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0696803260
Change of role: DE VOS Ken, from manager to director Director discharge: DE VOS Ken (manager) · General meeting of 14-03-2022 · Gazette deed
Incorporation published on 30-05-2018 · Gazette deed
First establishment Victor Nelisstraat 51, Schoten
All 15 events

Comparable companies

same main activity, similar in size and age
Company
Devoco Schoten €403,932 €63,397 92.4% -
PeARL Consulting bvba Boechout €402,619 €61,009 31.6% -
De Dreef Hoogstraten €402,403 €61,871 35.0% -
JFCO Antwerp €392,926 €59,796 92.2% -
Intellegere Herentals €432,303 €56,709 45.2% -
Charo Puurs-Sint-Amands €475,968 €61,724 32.4% -
LK-Patrimonium Brasschaat €376,776 €54,875 26.4% 0

These companies have the same main activity as Devoco: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €377,000 and €476,000, founded in 2018.

Official details

Source: KBO
Status
Active since 25-05-2018Normal situation
Activity
Business and other management consultancyNACE 70200and 4 others
Establishment unit
2.276.483.1022900 Schoten, since 25-05-2018
Financial year end
30 June
Peppol
Reachable since 23-06-2025
Company details

Annual accounts to 30-06-2025

€63,397▼ 36.7%
≈ €130,000estimated
€64,691▼ 32.0%
€373,334▲ 21.0%
€403,932▲ 13.4%
Filing
Filed on 02-12-2025, 60 days before the end of the filing period
Financials

Insights on Devoco

Devoco files the micro format. That format states no turnover. The gross margin rose from €44,674 in 2019 to €63,397 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 02-12-2025, 60 days before the deadline
€63,397
▼ 36.7%
€60,460
▼ 38.3%
€64,691
▼ 32.0%
€256,334
▲ 34.1%
92.4%
▲ 5.7 percentage points
9.38
▲ 4.33

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

Turnover ≈ €130,000. Estimated: probably between €97,000 and €160,000.

Balance sheet

balance sheet total €403,932 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

92.4%

Higher than 91% of 39,364 companies in 2025.

9.38

Higher than 89% of 38,048 companies in 2025.

16.0%

Higher than 53% of 38,520 companies in 2025.

Devoco Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 403,932356,055270,972209,344191,559173,78174,548
21/28 117,000117,63190,47988,04689,59191,44119,950
22/27 1,5802,6312,9795462,0913,94112,950
24 1,5802,6312,9795462,0913,94112,950
28 115,420115,00087,50087,50087,50087,5007,000
29/58 286,932238,424180,493121,298101,96982,34154,597
29 100,000118,000-----
291 100,000118,000-----
40/41 22,52931,26418,15044,73743,97119,82014,528
40 18,15030,83318,15044,73741,63919,82014,520
41 4,379430-02,33208
50/53 52,05340,00056,05010,050---
54/58 108,94247,09844,62064,77356,31360,78540,070
490/1 3,4092,06261,6731,7381,6841,736-
Balance sheet: equity and liabilities
10/49 403,932356,055270,972209,344191,559173,78174,548
10/15 373,334308,643213,459164,425122,18969,77841,419
10/11 18,60018,60018,60012,40012,400012,400
100 -----018,600
101 -----06,200
11 -----12,400-
1100/10 -----12,400-
13 354,734290,043194,859152,025109,78957,37829,019
130/1 ---01,8601,860-
130 -----01,860
1311 ---01,860--
1319 -----1,860-
132 785785785785785785785
133 353,949289,258194,074151,240107,14454,73326,374
14 -00----
17/49 30,59847,41257,51444,91969,371104,00433,129
17 --013,80630,43258,9564,209
170/4 --013,80630,43258,9564,209
42/48 30,59847,21857,51431,11338,93945,04728,920
42 --016,50928,52418,0892,463
44 3,8304,6412,6501,0999941816,775
440/4 3,8304,6412,6501,0999941816,775
45 8,4379,0989,60310,4357,71425,56117,900
450/3 8,4379,0989,60310,4357,71425,56115,016
454/9 -----02,884
47/48 18,33033,47845,2613,0701,7071,2161,783
492/3 0194-----
Income statement
76A 1,00015,633-----
9900 63,397100,09561,83352,36661,20355,03744,674
630 1,0511,2049141,5451,8501,9367,236
640/8 7508855195121545,583151
66A 1,136------
9901 60,46098,00560,40150,30959,19947,51937,287
75/76B 23,33417,56660,3609,20310,905--
75 23,33417,56660,3609,20310,905--
65/66B 5,6963,8238661,8142,5351,604540
65 5,6963,8238661,8142,5351,604540
9903 78,098111,748119,89557,69967,56945,91636,747
67/77 13,40716,56417,06115,46315,15917,5567,728
9904 64,69195,184102,83442,23652,41128,35929,019
689 -----0785
9905 64,69195,184102,83442,23652,41128,35928,234
Appropriation of the result
9906 64,69195,184102,83442,23652,41128,35928,234
791/2 -060,000----
691/2 64,69195,184102,83442,23652,41128,35928,234
6920 -----01,860
6921 64,69195,184102,83442,23652,41128,35926,374
694/7 -060,000----
694 -060,000----
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 02-12-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 02-12-2025 2025-00575668 PDF
30-06-2024 micro format 23-01-2025 2025-00009136 PDF
30-06-2023 micro format 05-12-2023 2023-00523490 PDF
30-06-2022 micro format 09-01-2023 2023-20555784 PDF
30-06-2021 micro format 22-12-2021 2021-81200477 PDF
30-06-2020 micro format 01-02-2021 2021-04200417 PDF
30-06-2019 micro format 04-12-2019 2019-75300555 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
61,51199,21061,31551,85561,04949,45544,523
65,74296,388103,74843,78154,26030,29536,254
42028,3563,3470081,80827,186
61,8442,478-20,1538,460-4,47220,715-
256,334191,206122,98090,18563,02937,29325,677
92.4%86.7%78.8%78.5%63.8%40.2%55.6%
9.385.053.143.902.621.831.89
0.080.150.270.270.571.490.80
17.3%30.8%48.2%25.7%42.9%40.6%70.1%
16.0%26.7%38.0%20.2%27.4%16.3%38.9%
10.8025.9570.7928.59---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets-€856€3,347-
Financial fixed assets€420€27,500--
€1,051€1,204€914€1,545

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on Devoco

The operating result for 2025 is 38% lower than in 2024.

Debt's share of the balance-sheet total falls from 13.3% to 7.6%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2022
Director (not named in the articles)
since 25-05-2018 term without a fixed end
earlier manager, until 30-03-2022
listed in the 2025 annual accounts, filed on 02-12-2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 30-03-2022

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
DE VOS Ken
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • DE VOS Ken
    • Director (not named in the articles), from 25-05-2018 to date
    • Manager, until 30-03-2022

See the board, name and registered office on a given date →

Control

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 30-03-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of December at 20:00

Network & group

Holdings

own accounts to 30-06-2019, the bar shows equity in euros
This companyDevoco1 holding, 1 country accounts to 30-06-2019

Belgium 1 Equity Result

Source: list of holdings in its own 30-06-2019 accounts. Every holding stands with its own latest accounts.

Holdings and subsidiaries

1 holding

Holdings 1

Connections & network

1 current director
Depth

The network starts from the directors of Devoco. Every other company they run is a node.

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

Timeline

Timeline

15 events since 2018

Deadline for the 2026 accounts: 31-01-2027

2025
Annual accounts 2025 filed PDFmicro format · 60 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0696803260
Annual accounts 2024 filed PDFmicro format · 8 days before the deadline
2023
Annual accounts 2023 filed PDFmicro format · 57 days before the deadline
Highest result from 2019 to 2025 net €102,834 ▲143% The net result of €102,834 is the highest of those years.
Equity above €200,000 equity €213,459 ▲29.8% With a profit in every financial year since 2019, equity grows to €213,459.
Annual accounts 2022 filed PDFmicro format · 22 days before the deadline
2022
Equity above €150,000 equity €164,425 ▲34.6% With a profit in every financial year since 2019, equity grows to €164,425.
Change of role: DE VOS Ken, from manager to directorDirector discharge: DE VOS Ken (manager) · General meeting of 14-03-20226 points ▸
  • General meeting, 14-03-2022
  • 186 shares
  • Director resignation, DE VOS Ken (manager)
  • Director appointment, DE VOS Ken (director (not named in the articles))
  • Director discharge, DE VOS Ken (manager)
  • Registered office clause, Victor Nelisstraat 51, 2900 Schoten
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2021 filed PDFmicro format · 40 days before the deadline
Equity above €100,000 equity €122,189 ▲75.1% With a profit in every financial year since 2019, equity grows to €122,189.
Annual accounts 2020 filed PDFmicro format · 1 day late
2019
Annual accounts 2019 filed PDFmicro format · 58 days before the deadline
2018
Incorporation PDFpublished on 30-05-2018
First establishment Victor Nelisstraat 51, Schoten

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 25 May 2018, Devoco was incorporated.1 Total assets went from €74,548 in 2019 to €403,932 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0696.803.260
VAT number
BE 0696.803.260
Peppol ID
0208:0696803260
Other Peppol ID
9925:BE0696803260
Legal form
Private limited company
Status
Active, normal situation
Founded
25-05-2018
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of December at 20:00
deed of 30-03-2022 (in Dutch)
Peppol
Reachable since 23-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Devoco in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-03-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 30-03-2022 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
70220 Business consulting main activity
64200 Holdings
68100 Real estate activities
78300 Employment activities
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Consultancy,HR,Project Management,Programma Management,Proces analyse/optimalisatie; Managementactiviteiten van holding,het tussenkomen in…”
11 activities
  1. Consultancy,HR,Project Management,Programma Management,Proces analyse/optimalisatie.
  2. Managementactiviteiten van holding,het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere managementactiviteiten.
  3. Algemene audit-activiteiten.
  4. Overige dienstverlening hoofdzakelijk aan bedrijven.
  5. Allerlei consultancy-diensten in de meest brede zin aan bedrijven en overheden.
  6. Voor eigen rekening het verkrijgen,de aankoop of anderszins,verkopen,ruilen,verbeteren,uitrusten,verbouwen,belasten met,beschikken over,productief maken,het verhuren en in huur nemen,de leasing van alle onroerende goederen,in het algemeen alle onroerende verrichtingen.Dit alles in de meest ruime zin.
  7. Zij mag participeren of op enige andere wijze deelnemen in of samenwerken met andere vennootschappen of ondernemingen die kunnen bijdragen tot haar ontwikkeling of deze in de hand werken.Deze deelneming kan geschieden door overname van aandelen,inbreng,fusie,splitsing of op gelijk welke wijze ook.
  8. De vennootschap kan ook functies van bestuurder of vereffenaar in andere vennootschappen uitoefenen.
  9. De vennootschap mag in België en in het buitenland alle commerciële,industriële,financiële,roerende en onroerende verrichtingen doen die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.
  10. Zij mag eveneens belangen hebben bij wijze van inbreng,inschrijving of anderszins in alle ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,analoog of aanverwant voorwerp nastreven,of wier voorwerp van aard is dat van de vennootschap te bevorderen.
  11. Zij mag zich voor deze vennootschappen borgstellen of aval verlenen,voorschotten en krediet toestaan,hypothecaire of andere waarborgen verstrekken.
deed of 30-03-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Victor Nelisstraat 51 registered office 2900 Schoten 25-05-2018 2.276.483.102

Buildings and parcels at the address

Ground area
279 m²
Buildings
97 m²
Volume, LiDAR
585 m³
Tallest building
9.9 m
Buildings to scale, each on its own parcel
97 m², 9.9 m 97 m², 9.9 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11443B0549/00B007279 m² 1 · 97 m² 9.9 m · 2