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DEVOLAN

Active
Private limited companyfounded 199927 years activeDe Rootputten(ONK) 6, 8840 Staden, BelgiumKBO/BCE: BE 0466.458.251
Summary

The computed 12-month bankruptcy probability of DEVOLAN is 5.9% (elevated). The 2024 annual accounts show equity of €30,231 and a net result of €19,591. Equity is growing by about 44% per year across the filed fiscal years. Its solvency ranks better than 18% of 6,722 sector peers (NACE 49, fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€850,635total assets 2024
Staff
0.2 FTE
Equity
€30,231
Profit
€19,591
Turnover not published (micro schema)
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.9%
Structure
Accounts 70 days overdue1 of 6 deeds read
Why 37raises risk1 change of registered office in 24 monthsFigures for FY 2024 (filed 05-11-2025)1 financial year not filed after the legal deadline; latest accounts 91 days late; 3 of the last 3 latelowers riskFounded in 1999Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 45% of its sector peers (NACE 49, micro)
Financial strength · tick = 2023
Weak
Solvency 29+3
equity 3.6% of total assets
Liquidity 31-21
short-term debt 43.9% · cash 1.7%
Profitability 70-3
return on assets 2.3%
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,063 companies, NACE 49, micro)
Last 24 months 11-2024: 3.5% 12-2024: 3.5%● unchanged vs 11-2024 01-2025: 3.5%● unchanged vs 12-2024 02-2025: 3.5%● unchanged vs 01-2025 03-2025: 3.5%● unchanged vs 02-2025 04-2025: 3.4%▼ -0.1 percentage points vs 03-2025 05-2025: 3.2%▼ -0.2 percentage points vs 04-2025 06-2025: 3.1%▼ -0.1 percentage points vs 05-2025 07-2025: 3.3%▲ +0.2 percentage points vs 06-2025 08-2025: 3.9%▲ +0.6 percentage points vs 07-2025 09-2025: 4.4%▲ +0.5 percentage points vs 08-2025 10-2025: 5.0%▲ +0.6 percentage points vs 09-2025 11-2025: 5.2%▲ +0.2 percentage points vs 10-2025 12-2025: 1.4%▼ -3.8 percentage points vs 11-2025lowest value 01-2026: 2.9%▲ +1.5 percentage points vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 3.0%▲ +0.1 percentage points vs 02-2026 04-2026: 3.1%▲ +0.1 percentage points vs 03-2026 05-2026: 3.4%▲ +0.3 percentage points vs 04-2026 06-2026: 3.5%▲ +0.1 percentage points vs 05-2026 07-2026: 3.6%▲ +0.1 percentage points vs 06-2026 08-2026: 3.8%▲ +0.2 percentage points vs 07-2026 09-2026: 4.6%▲ +0.8 percentage points vs 08-2026 10-2026: 5.9%▲ +1.3 percentage points vs 09-2026highest value
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.33 against 0.29 in 2023; short-term debt: 43.9% and cash: 1.7% of total assets), and 96.4% of the assets are financed with debt.
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 49, micro): better than 17% on solvency, 28% on liquidity, 43% on profitability and 94% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Six signals.
−lowers risk+raises risk
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Founded in 1999
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for FY 2024 (filed 05-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 91 days late; 3 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 6722 sector peers (2024).
NBB · sector comparison
Position among 6722 sector peers
Solvency
better than 18%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
91 days late
2023
56 days late
2022
31 days late
2021
75 days late
2020
107 days late
2019
101 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 77 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: DEVOLDER Geert Georges (director)Reappointment: DEVOLDER Geert Georges (non-statutory…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Caution: Among the weakest 18% on solvencysector median 37.3% · 6,722 companies 3.6% View
  • New directorlatest change 05-12-2025 · 2 in office 1 joined View

By topic

Financials

Fiscal year
2024
Total assets
€850,635
Profit
€19,591
Solvency
3.6%
Total assets▲ 19.4%
Net result
20182024
Go to Financials

Timeline

Events
29
Since
2001
  1. 31-08-2023Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2024
  3. 14-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
16-07-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Annual meeting
First Friday of June at 18:00
Purpose
Groot en kleinhandel in vaste en vloeibare brandstof-fen; Groot en kleinhandel in zand…
Go to Articles of association

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