Devoda
ActiveDevoda has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €-996. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-42
Solvency88▲+14
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63%
Return on assets
-11%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-03-2026, 50 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
50 d early
2024
30 d early
2023
21 d early
2022
93 d late
2021
3 d early
2020
45 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 14.9%
2024 · €7k
2018: €6k
2019: €7k
2020: €9k
2021: €6k
2022: €5k
2023: €4k
2024: €7k
2018 → 2025
Total assets
€9k▼ 33.6%
2024 · €14k
2018: €15k
2019: €17k
2020: €22k
2021: €28k
2022: €27k
2023: €38k
2024: €14k
2018 → 2025
Net result
€-996
2024 · €3k
2018: €1
2019: €850
2020: €2k
2021: €-3k
2022: €-2k
2023: €-1k
2024: €3k
2018 → 2025
Working capital
€421
2024 · €-615
2018: €5k
2019: €8k
2020: €3k
2021: €-7k
2022: €-7k
2023: €-10k
2024: €-615
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€5k▼ 24.7%€4k▼ 24.4%€7k▲ 87.0%€6k▼ 14.9%
Operating result€-3k-€-787▲ 68.8%€-608▲ 22.8%€4k€-381
Net result€-3k-€-2k▲ 50.9%€-1k▲ 25.4%€3k€-996
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €381 after €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9k
Fixed assets
€5k▼ 38.5%
Current assets
€4k▼ 25.4%
Equity and liabilities €9k
Equity
€6k▼ 14.9%
Debt
€3k▼ 51.7%
The debt ratio falls from 50.9% to 37.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €8k
Cash flow
€2k▼
2024 · €6k
Solvency
63.0%▲
2024 · 49.1%
Current ratio
1.13▲
2024 · 0.89
Quick ratio
1.13▲
2024 · 0.89
Debt / equity
0.59▼
2024 · 1.04
ROE
-17.5%▼
2024 · 46.5%
ROA
-11.0%▼
2024 · 22.8%
Interest coverage
12.34▼
2024 · 17.50
Debt
€3k▼
2024 · €7k
Debt ≤ 1 year
€3k▼
2024 · €6k
Income taxes
€377▼
2024 · €722
Staff costs
€250▼
2024 · €9k
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€14k€9k▼
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€9k€5k▼
Plant, machinery and equipment23€1k-
Furniture and vehicles24€7k€5k▼
Current assets29/58€5k€4k▼
Amounts receivable within one year40/41€3k€179▼
Trade receivables40€3k-
Other amounts receivable41-€179
Cash at bank and in hand54/58€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€14k€9k▼
Equity10/15€7k€6k▼
Contributions10/11€6k€6k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-3k€-4k▼
Amounts payable17/49€7k€3k▼
Amounts payable after more than one year17€827-
Financial debts170/4€827-
Amounts payable within one year42/48€6k€3k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€28€29▲
Suppliers440/4€28€29▲
Taxes, remuneration and social security45€1k€591▼
Taxes450/3€1k€591▼
Other amounts payable47/48€3k€3k▲
Accrued charges and deferred income492/3€452-
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€9k€250▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€683€744▲
Gross operating margin9900€17k€4k▼
Operating profit (loss)9901€4k€-381▼
Financial charges65/66B€436€238▼
Recurring financial charges65€436€238▼
Profit (loss) for the period before taxes9903€4k€-619▼
Income taxes67/77€722€377▼
Profit (loss) for the period9904€3k€-996▼
Profit (loss) for the period to be appropriated9905€3k€-996▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-4k▼
Profit (loss) brought forward from the previous period14P€-6k€-3k▲
The notes to these accounts (4 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
11-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 93 days late
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-3k ▼231%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Veurne · 1 establishment unit since 2017
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.
Brugse Steenweg 1128630 VeurneGround area
309 m²
Building footprint
169 m²
Parcel 38025C0075/02K004, Flanders. Linked by address, not a title deed.
1 establishment unit
Devoda
since 20172.264.479.054
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0075/02K004 | Flanders | 309 m² | 1 · 169 m² | - |
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.
Similar companies · same sector, comparable size
CARDECUY
BE 0732.506.485
Herve · Eq €6k
Tastoe Noord
BE 0758.483.679
Roeselare · Eq €6k
PC BUDGET
BE 0465.435.395
Mons · Eq €6k
BAVATES
BE 0825.545.224
Aarschot · Eq €6k
ECOBAKKER
BE 0629.900.083
Antwerpen · Eq €5k
Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 530 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2017
Fiscal year end30-09
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@devoda.be