Devola
ActiveSummary
Devola has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €703k and a net result of €-6k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 95% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
short-term debt: 0.3% and cash: 2% of total assets, and 0.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
99.4%
Return on assets
-0.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
26 d late
2023
26 d late
2022
17 d early
2021
26 d late
2020
24 d late
2019
60 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€703k▼ 0.8%
2024 · €709k
2018: €690k
2019: €693k▲ +0.4% vs 2018
2020: €682k▼ -1.5% vs 2019lowest in 8 years
2021: €759k▲ +11.3% vs 2020highest in 8 years
2022: €751k▼ -1.2% vs 2021
2023: €746k▼ -0.6% vs 2022
2024: €709k▼ -5.0% vs 2023
2025: €703k▼ -0.8% vs 2024
2018 → 2025
Total assets
€707k▼ 0.8%
2024 · €713k
2018: €735k
2019: €736k▲ +0.1% vs 2018
2020: €726k▼ -1.4% vs 2019
2021: €804k▲ +10.7% vs 2020highest in 8 years
2022: €760k▼ -5.4% vs 2021
2023: €750k▼ -1.3% vs 2022
2024: €713k▼ -4.9% vs 2023
2025: €707k▼ -0.8% vs 2024lowest in 8 years
2018 → 2025
Net result
€-6k▼ 196%
2024 · €-2k
2018: €-9k
2019: €3k▲ +133% vs 2018highest in 8 years
2020: €-10k▼ -458% vs 2019
2021: €-17k▼ -60.2% vs 2020lowest in 8 years
2022: €-9k▲ +46.9% vs 2021
2023: €-4k▲ +50.5% vs 2022
2024: €-2k▲ +54.6% vs 2023
2025: €-6k▼ -196% vs 2024
2018 → 2025
Working capital
€268k▲ 5.2%
2024 · €254k
2018: €67klowest in 8 years
2019: €117k▲ +75.2% vs 2018
2020: €150k▲ +28.4% vs 2019
2021: €189k▲ +25.5% vs 2020
2022: €229k▲ +21.7% vs 2021
2023: €271k▲ +17.9% vs 2022highest in 8 years
2024: €254k▼ -6.0% vs 2023
2025: €268k▲ +5.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€759k-€751k▼ 1.2%€746k▼ 0.6%€709k▼ 5.0%€703k▼ 0.8%
2021: €759khighest in 5 years
2022: €751k▼ -1.2% vs 2021
2023: €746k▼ -0.6% vs 2022
2024: €709k▼ -5.0% vs 2023
2025: €703k▼ -0.8% vs 2024lowest in 5 years
Operating result€-15k-€-8k▲ 47.3%€-4k▲ 45.3%€-8k▼ 76.3%€-9k▼ 14.8%
2021: €-15klowest in 5 years
2022: €-8k▲ +47.3% vs 2021
2023: €-4k▲ +45.3% vs 2022highest in 5 years
2024: €-8k▼ -76.3% vs 2023
2025: €-9k▼ -14.8% vs 2024
Net result€-17k-€-9k▲ 46.9%€-4k▲ 50.5%€-2k▲ 54.6%€-6k▼ 196%
2021: €-17klowest in 5 years
2022: €-9k▲ +46.9% vs 2021
2023: €-4k▲ +50.5% vs 2022
2024: €-2k▲ +54.6% vs 2023highest in 5 years
2025: €-6k▼ -196% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €8k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €707k
Fixed assets
€438k ▼ 4.2%
Current assets
€269k ▲ 5.2%
Equity and liabilities €707k
Equity
€703k ▼ 0.8%
Debt
€4k ▼ 3.1%
Debt's share of the balance-sheet total stays at 0.6%.
Key figures and ratios
EBITDA
€12k▼
2024 · €13k
Cash flow
€15k▼
2024 · €19k
Debt to equity
0.01▼
2024 · 0.01
ROE
-0.8%▼
2024 · -0.3%
ROA
-0.8%▼
2024 · -0.3%
Interest coverage
101.20▼
2024 · 101.46
Debt ≤ 1 year
€2k▼
2024 · €2k
A ratio outside any meaningful range has been withheld (balance sheet total €707k, equity €703k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€713k€707k▼
Fixed assets21/28€457k€438k▼
Tangible fixed assets22/27€457k€438k▼
Land and buildings22€455k€436k▼
Plant, machinery and equipment23€313€989▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€256k€269k▲
Amounts receivable within one year40/41€2k€3k▲
Other amounts receivable41€2k€3k▲
Current investments50/53€230k€250k▲
Cash at bank and in hand54/58€23k€14k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€713k€707k▼
Equity10/15€709k€703k▼
Contributions10/11€792k€792k=
Profit (loss) carried forward14€-83k€-89k▼
Amounts payable17/49€4k€4k▼
Amounts payable within one year42/48€2k€2k▼
Other amounts payable47/48€2k€2k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€18k€17k▼
Operating profit (loss)9901€-8k€-9k▼
Financial income75/76B€6k€3k▼
Recurring financial income75€6k€3k▼
Financial charges65/66B€129€119▼
Recurring financial charges65€129€119▼
Profit (loss) for the period before taxes9903€-2k€-6k▼
Profit (loss) for the period9904€-2k€-6k▼
Profit (loss) for the period to be appropriated9905€-2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-83k€-89k▼
Profit (loss) brought forward from the previous period14P€-81k€-83k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55k | €53k | €52k | €21k | €21k | ▲ 0.2% |
| Other operating charges640/8 | €6k | €5k | €6k | €5k | €5k | ▲ 3.1% |
| Gross operating margin9900 | €46k | €51k | €53k | €18k | €17k | ▼ 5.2% |
| Operating profit (loss)9901 | €-15k | €-8k | €-4k | €-8k | €-9k | ▼ 14.8% |
| Financial income75/76B | - | - | - | €6k | €3k | ▼ 49.7% |
| Recurring financial income75 | - | - | - | €6k | €3k | ▼ 49.7% |
| Financial charges65/66B | €2k | €1k | €120 | €129 | €119 | ▼ 7.9% |
| Recurring financial charges65 | €2k | €1k | €120 | €129 | €119 | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | €-17k | €-9k | €-4k | €-2k | €-6k | ▼ 196% |
| Income taxes67/77 | €66 | - | - | - | - | - |
| Profit (loss) for the period9904 | €-17k | €-9k | €-4k | €-2k | €-6k | ▼ 196% |
| Profit (loss) for the period to be appropriated9905 | €-17k | €-9k | €-4k | €-2k | €-6k | ▼ 196% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €804k | €760k | €750k | €713k | €707k | ▼ 0.8% |
| Fixed assets21/28 | €575k | €524k | €478k | €457k | €438k | ▼ 4.2% |
| Tangible fixed assets22/27 | €575k | €524k | €478k | €457k | €438k | ▼ 4.2% |
| Land and buildings22 | €574k | €522k | €475k | €455k | €436k | ▼ 4.3% |
| Plant, machinery and equipment23 | €779 | €2k | €1k | €313 | €989 | ▲ 216% |
| Furniture and vehicles24 | - | - | €2k | €2k | €1k | ▼ 26.4% |
| Current assets29/58 | €229k | €237k | €273k | €256k | €269k | ▲ 5.2% |
| Amounts receivable within one year40/41 | €11k | €4k | - | €2k | €3k | ▲ 50.3% |
| Trade receivables40 | €7k | €504 | - | - | - | - |
| Other amounts receivable41 | €4k | €3k | - | €2k | €3k | ▲ 50.3% |
| Current investments50/53 | - | - | €200k | €230k | €250k | ▲ 8.7% |
| Cash at bank and in hand54/58 | €217k | €232k | €71k | €23k | €14k | ▼ 39.0% |
| Deferred charges and accrued income490/1 | €227 | €1k | €2k | €2k | €3k | ▲ 64.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €804k | €760k | €750k | €713k | €707k | ▼ 0.8% |
| Equity10/15 | €759k | €751k | €746k | €709k | €703k | ▼ 0.8% |
| Contributions10/11 | €827k | €827k | €827k | €792k | €792k | = |
| Reserves13 | €469 | €469 | - | - | - | - |
| Distributable reserves133 | €469 | €469 | - | - | - | - |
| Profit (loss) carried forward14 | €-68k | €-77k | €-81k | €-83k | €-89k | ▼ 7.1% |
| Amounts payable17/49 | €44k | €10k | €4k | €4k | €4k | ▼ 3.1% |
| Amounts payable within one year42/48 | €40k | €7k | €2k | €2k | €2k | ▼ 3.9% |
| Trade debts44 | €5k | €666 | - | - | - | - |
| Suppliers440/4 | €5k | €666 | - | - | - | - |
| Taxes, remuneration and social security45 | €66 | - | - | - | - | - |
| Taxes450/3 | €66 | - | - | - | - | - |
| Other amounts payable47/48 | €35k | €6k | €2k | €2k | €2k | ▼ 3.9% |
| Accrued charges and deferred income492/3 | €4k | €3k | €2k | €2k | €2k | ▼ 2.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-17k | €-9k | €-4k | €-2k | €-6k | ▼ 196% |
| + Depreciation and write-downs630 | €55k | €53k | €52k | €21k | €21k | ▲ 0.2% |
| Operating cash flow (approximation) | €38k | €44k | €47k | €19k | €15k | ▼ 20.7% |
| Investment in fixed assets (approximation) | - | €-2k | €-5k | €0 | €-1k | - |
| Change in cash | - | €14k | €-161k | €-48k | €-9k | ▲ 81.7% |
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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 135.04
Current ratio from 33.32 to 135.04; short-term debt falls from €7k to €2k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 6current ratio 33.32
Current ratio from 5.70 to 33.32; short-term debt falls from €40k to €7k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Rotselaar · 1 establishment unit since 2011
Ground area
6,129 m²
Building footprint
413 m²
Volume, LiDAR
2,517 m³
Parcel 24094B0096/00G000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Devola
since 20112.212.514.273
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24094B0096/00G000 | Flanders | 6,129 m² | 1 · 413 m² | 9.7 m · 2 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 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,488 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
Founded25-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
64210Activities of holding companies
69101Activities of lawyers
Contact
E-mail
annie.lagae@skynet.be
Scores and ratios are computed by Checked and are not a credit decision.