Devoghel
ActiveSummary
Devoghel has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,324) and a net result of -€6,113. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2,573 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- -€13,324
- Loss
- -€6,113
Why 53raises riskCapped at 59: negative equityNegative equity -€13,324Loss of €6,113 (financial year 2025)lowers riskSize: total assets €5,291Sector: Education (NACE 85)Show the evidence
Checked score
About 3 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 85, micro): better than 6% on solvency, 20% on liquidity, 6% on profitability and 7% on growth.
The bankruptcy probability was computed on 19-10-2026 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 37 days before the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Board meeting · Registered-office movePower of attorney
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€6,113
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €5,993 after €1,645 in 2024, the lowest result in the available series.
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 85, Education: 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 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.5% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,472 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% | 1.8% |
| 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 6,906 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €8 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €300 | €1,189 | €1,709 | €2,297 | €1,871 | €1,670 | €1,397 | €1,397 | = |
| Other operating charges640/8 | - | - | - | €590 | €604 | €668 | €675 | €696 | ▲ 3.2% |
| Gross operating margin9900 | €829 | €6,583 | -€1,616 | €1,003 | €5,427 | -€2,996 | €3,717 | -€3,900 | - |
| Operating profit (loss)9901 | -€1,129 | €5,102 | -€3,380 | -€1,893 | €2,951 | -€5,333 | €1,645 | -€5,993 | - |
| Financial income75/76B | - | - | - | €0 | €0 | €8 | €1 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €0 | €0 | €8 | €1 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €38 | €84 | €111 | €125 | €120 | ▼ 3.8% |
| Recurring financial charges65 | €354 | €48 | €36 | €38 | €84 | €111 | €125 | €120 | ▼ 3.8% |
| Profit (loss) for the period before taxes9903 | -€1,483 | €5,054 | -€3,416 | -€1,931 | €2,867 | -€5,436 | €1,521 | -€6,113 | - |
| Profit (loss) for the period9904 | -€1,483 | €5,054 | -€3,416 | -€1,931 | €2,867 | -€5,436 | €1,521 | -€6,113 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,483 | €5,054 | -€3,416 | -€1,931 | €2,867 | -€5,436 | €1,521 | -€6,113 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6,695 | €12,681 | €9,634 | €8,812 | €7,430 | €5,883 | €6,678 | €5,291 | ▼ 20.8% |
| Fixed assets21/28 | €1,000 | €6,551 | €7,294 | €6,856 | €4,985 | €4,644 | €4,247 | €1,851 | ▼ 56.4% |
| Tangible fixed assets22/27 | €1,000 | €6,551 | €7,294 | €6,856 | €4,985 | €4,644 | €3,247 | €1,851 | ▼ 43.0% |
| Land and buildings22 | - | - | - | €4,174 | €3,492 | €2,910 | €2,328 | €1,746 | ▼ 25.0% |
| Plant, machinery and equipment23 | - | - | - | €1,568 | €1,196 | €824 | €452 | €80 | ▼ 82.2% |
| Furniture and vehicles24 | - | - | - | €1,114 | €297 | €910 | €467 | €24 | ▼ 94.8% |
| Financial fixed assets28 | - | - | - | - | - | - | €1,000 | €0 | ▼ 100% |
| Current assets29/58 | €5,695 | €6,130 | €2,340 | €1,957 | €2,445 | €1,239 | €2,430 | €3,440 | ▲ 41.6% |
| Amounts receivable within one year40/41 | €3,350 | - | €260 | €244 | - | - | - | €1,780 | - |
| Trade receivables40 | - | - | - | €0 | - | - | - | €1,780 | - |
| Other amounts receivable41 | - | - | - | €244 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €2,345 | €6,130 | €2,080 | €1,713 | €2,445 | €1,239 | €2,430 | €1,590 | ▼ 34.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €70 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6,695 | €12,681 | €9,634 | €8,812 | €7,430 | €5,883 | €6,678 | €5,291 | ▼ 20.8% |
| Equity10/15 | -€5,626 | -€572 | -€3,988 | -€5,919 | -€3,296 | -€8,732 | -€7,211 | -€13,324 | ▼ 84.8% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€18,026 | -€12,972 | -€16,388 | -€18,319 | -€15,696 | -€21,132 | -€19,611 | -€25,724 | ▼ 31.2% |
| Amounts payable17/49 | €12,321 | €13,253 | €13,622 | €14,732 | €10,726 | €14,615 | €13,889 | €18,615 | ▲ 34.0% |
| Amounts payable within one year42/48 | €11,022 | €13,253 | €13,622 | €14,732 | €10,726 | €11,910 | €10,810 | €15,532 | ▲ 43.7% |
| Trade debts44 | €1,991 | €651 | €629 | €2,044 | €258 | €1,130 | €0 | €1,026 | - |
| Suppliers440/4 | - | - | - | €2,044 | €258 | €1,130 | €0 | €1,026 | - |
| Other amounts payable47/48 | - | - | - | €12,688 | €10,468 | €10,779 | €10,810 | €14,506 | ▲ 34.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €2,706 | €3,079 | €3,083 | ▲ 0.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,483 | €5,054 | -€3,416 | -€1,931 | €2,867 | -€5,436 | €1,521 | -€6,113 | - |
| + Depreciation and write-downs630 | €300 | €1,189 | €1,709 | €2,297 | €1,871 | €1,670 | €1,397 | €1,397 | = |
| Operating cash flow (approximation) | -€1,183 | €6,242 | -€1,707 | €366 | €4,738 | -€3,767 | €2,918 | -€4,716 | - |
| Investment in fixed assets (approximation) | - | -€6,740 | -€2,452 | -€1,859 | €0 | -€1,329 | -€1,000 | €1,000 | - |
| Change in cash | - | €3,785 | -€4,050 | -€367 | €733 | -€1,206 | €1,191 | -€840 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 12-03-2026 | 2026-00053073 |
| 31-12-2024 | micro format | 28-04-2025 | 2025-00077620 |
| 31-12-2023 | micro format | 24-04-2024 | 2024-00067766 |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00353360 |
| 31-12-2021 | micro format | 18-08-2022 | 2022-20293945 |
| 31-12-2020 | micro format | 27-09-2021 | 2021-68900371 |
| 31-12-2019 | micro format | 02-07-2020 | 2020-25100262 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-54700556 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56500246 |
| 31-12-2016 | micro format | 21-08-2017 | 2017-45900029 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
07-10
Gazette deed
Board meeting · Registered-office movePower of attorney5 facts ▸
- Board meeting, 10-09-2026
- Registered-office move, Kortestraat 15/002, 1654 Huizingen
- Power of attorney, PKF Bofidi Accountants & Advisers BV
- Power of attorney, Lisa Kennis
- Power of attorney, Barbara Vervoort
10-07
Gazette deed
Appointment: DEVOGHEL Betsy (director)Legal form clause · Capital conversion · Power of attorney16 facts ▸
- General meeting, 02-07-2024
- Legal form clause, 01-01-2020, “goedkeuring en vaststelling” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekeningen” (deed in Dutch)
- Other provision, “beschikbaarstelling statutair onbeschikbaar eigen vermogen, overboeking van onbeschikbare naar beschikbare eigen vermogensrekeningen” (deed in Dutch)
- Power of attorney
- Other provision, “geen statutair onbeschikbare eigen vermogensrekening in nieuwe statuten, alle eigen vermogensbestanddelen beschikbaar” (deed in Dutch)
- Kind of shares, “alle bestaande aandelen vertegenwoordigen een gelijk deel van het eigen vermogen” (deed in Dutch)
- Other provision, “goedkeuring agendapunten 3.1 tot en met 20 voor verwerking in nieuwe statuten, goedgekeurd” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital
- Director appointment, DEVOGHEL Betsy (director)
- Power of attorney, BV PKF BOFIDI Accountants & Advisers
- +4 further facts in this act
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have 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 20 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 |
|---|---|---|---|---|
| 23035A0053/00R002 | Flanders | 687 m² | 1 · 168 m² | 7.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Overige gezondheidszorg; Paramedische activiteiten,exclusief kinesitherapie; Overige activiteiten in verband met gezondheidszorg; Begeleiden…” (deed in Dutch)
11 activities (deed in Dutch)
- Overige gezondheidszorg
- Paramedische activiteiten,exclusief kinesitherapie
- Overige activiteiten in verband met gezondheidszorg
- Begeleiden van groepen en personen
- Somato-psychische begeleiding
- Het geven van Senso-gym en Sensorial Movement aan groepen
- Het organiseren van workshops,studiedagen en congressen...
- Het schrijven van artikels of boeken
- Aankoop van onroerende goederen voor eigen gebruik en als investering
- Het tentoonstellen van keramiek,alsook het geven van cursussen en workshops hieromtrent
- Het verkopen van keramieken objecten en beelden
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DEVOGHEL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder,benoemd met of zonder beperking van duur,kunnen…” (deed in Dutch)“Algemene vergadering beslist of mandaat al dan niet ten kosteloze titel, algemene vergadering beslissend met absolute meerderheid of enige…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurders in functie als vereffenaars krachtens statuten indien geen andere vereffenaar benoemd, om welke reden en op welk ogenblik ook” (deed in Dutch)