DEVOLDER MOTORS
ActiveSummary
DEVOLDER MOTORS has been active since 1995 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €54,701 and a net result of €10,113. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 33% of 18716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+4
Solvency40▲+4
Growth78=
Track record92
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.09 in 2024; short-term debt: 16.3% and cash: 0.4% of total assets), but 85.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
14.6%
Return on assets
2.7%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 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
5 d late
2024
6 d late
2023
1 d early
2022
26 d late
2021
1 d early
2020
31 d late
2019
46 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
Checked, nothing found (1)
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. Usually files around 5 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€54,701▲ 22.7%
2024 · €44,587
Total assets
€374,220▼ 8.8%
2024 · €410,404
Net result
€10,113
2024 · -€5,684
Working capital
€88,761▲ 16.1%
2024 · €76,434
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€38,231▲ 14.2%€13,521▼ 64.6%€26,957▲ 99.4%-€1,901€27,660
Net result€23,467within the sector's middle half▲ 24.4%€5,611within the sector's middle half▼ 76.1%€10,218within the sector's middle half▲ 82.1%-€5,684below the sector's middle half€10,113within the sector's middle half
Equity€34,442within the sector's middle half▲ 214%€40,053within the sector's middle half▲ 16.3%€50,272within the sector's middle half▲ 25.5%€44,587within the sector's middle half▼ 11.3%€54,701within the sector's middle half▲ 22.7%
Total assets€322,490above the sector's middle half▼ 18.3%€358,376above the sector's middle half▲ 11.1%€346,005above the sector's middle half▼ 3.5%€410,404above the sector's middle half▲ 18.6%€374,220above the sector's middle half▼ 8.8%
Debt€288,048▼ 24.9%€318,322▲ 10.5%€295,734▼ 7.1%€365,817▲ 23.7%€319,519▼ 12.7%
Working capital€118,012above the sector's middle half▼ 41.2%€87,882above the sector's middle half▼ 25.5%€90,185above the sector's middle half▲ 2.6%€76,434within the sector's middle half▼ 15.2%€88,761within the sector's middle half▲ 16.1%
Solvency10.7%within the sector's middle half▲ 7.9pp11.2%within the sector's middle half▲ 0.5pp14.5%within the sector's middle half▲ 3.4pp10.9%within the sector's middle half▼ 3.7pp14.6%within the sector's middle half▲ 3.8pp
Current ratio4.15above the sector's middle half▼ 1.702.61within the sector's middle half▼ 1.542.48within the sector's middle half▼ 0.132.09within the sector's middle half▼ 0.392.45within the sector's middle half▲ 0.37
Return on assets (ROA)7.3%within the sector's middle half▲ 2.5pp1.6%within the sector's middle half▼ 5.7pp3.0%within the sector's middle half▲ 1.4pp-1.4%within the sector's middle half▼ 4.3pp2.7%within the sector's middle half▲ 4.1pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €27,660 after a loss of €1,901 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €374,220
Fixed assets
€224,425 ▼ 14.9%
Current assets
€149,795 ▲ 2.1%
Equity and liabilities €374,220
Equity
€54,701 ▲ 22.7%
Debt
€319,519 ▼ 12.7%
Debt's share of the balance-sheet total falls from 89.1% to 85.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€76,095▲
2024 · €36,016
Cash flow
€58,549▲
2024 · €32,232
Quick ratio
1.02▲
2024 · 0.79
Debt to equity
5.84▼
2024 · 8.20
ROE
18.5%▲
2024 · -12.7%
Interest coverage
5.81▼
2024 · 10.28
Debt ≤ 1 year
€61,033▼
2024 · €70,335
Debt > 1 year
€248,711▼
2024 · €289,884
Income taxes
€4,439▲
2024 · €280
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 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 3,984 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €15,766 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,170 | €21,559 | €29,057 | €37,917 | €48,436 | ▲ 27.7% |
| Other operating charges640/8 | €5,058 | €5,186 | €4,512 | €5,443 | €7,563 | ▲ 38.9% |
| Gross operating margin9900 | €56,459 | €40,267 | €60,526 | €41,459 | €83,658 | ▲ 102% |
| Operating profit (loss)9901 | €38,231 | €13,521 | €26,957 | -€1,901 | €27,660 | ▲ 1,555% |
| Financial income75/76B | €96 | €2 | - | €1 | €0 | ▼ 98.7% |
| Recurring financial income75 | €96 | €2 | - | €1 | €0 | ▼ 98.7% |
| Financial charges65/66B | €14,860 | €7,791 | €11,717 | €3,504 | €13,107 | ▲ 274% |
| Recurring financial charges65 | €14,860 | €7,791 | €11,717 | €3,504 | €13,107 | ▲ 274% |
| Profit (loss) for the period before taxes9903 | €23,467 | €5,732 | €15,240 | -€5,404 | €14,552 | ▲ 369% |
| Income taxes67/77 | - | €121 | €5,022 | €280 | €4,439 | ▲ 1,486% |
| Profit (loss) for the period9904 | €23,467 | €5,611 | €10,218 | -€5,684 | €10,113 | ▲ 278% |
| Profit (loss) for the period to be appropriated9905 | €23,467 | €5,611 | €10,218 | -€5,684 | €10,113 | ▲ 278% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €322,490 | €358,376 | €346,005 | €410,404 | €374,220 | ▼ 8.8% |
| Fixed assets21/28 | €167,045 | €215,869 | €194,894 | €263,635 | €224,425 | ▼ 14.9% |
| Intangible fixed assets21 | - | - | - | €1,183 | €2,453 | ▲ 107% |
| Tangible fixed assets22/27 | €167,045 | €215,869 | €194,894 | €262,452 | €221,972 | ▼ 15.4% |
| Land and buildings22 | €140,617 | €132,908 | €127,353 | €118,525 | €117,061 | ▼ 1.2% |
| Plant, machinery and equipment23 | €1,147 | €2,067 | €2,242 | €1,627 | €1,082 | ▼ 33.5% |
| Furniture and vehicles24 | €25,281 | €80,894 | €65,298 | €142,301 | €103,829 | ▼ 27.0% |
| Current assets29/58 | €155,445 | €142,507 | €151,112 | €146,769 | €149,795 | ▲ 2.1% |
| Stocks and contracts in progress3 | €73,549 | €67,725 | €92,084 | €91,541 | €87,363 | ▼ 4.6% |
| Stocks30/36 | €73,549 | €67,725 | €92,084 | €91,541 | €87,363 | ▼ 4.6% |
| Amounts receivable within one year40/41 | €69,027 | €57,723 | €47,009 | €36,208 | €42,384 | ▲ 17.1% |
| Trade receivables40 | €69,027 | €57,723 | €47,009 | €36,208 | €42,384 | ▲ 17.1% |
| Cash at bank and in hand54/58 | €1,115 | €2,322 | €1,186 | €1,633 | €1,376 | ▼ 15.7% |
| Deferred charges and accrued income490/1 | €11,754 | €14,737 | €10,832 | €17,387 | €18,672 | ▲ 7.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €322,490 | €358,376 | €346,005 | €410,404 | €374,220 | ▼ 8.8% |
| Equity10/15 | €34,442 | €40,053 | €50,272 | €44,587 | €54,701 | ▲ 22.7% |
| Contributions10/11 | €66,592 | €66,592 | €66,592 | €66,592 | €66,592 | = |
| Reserves13 | €16,599 | €16,599 | €16,599 | €16,599 | €16,599 | = |
| Non-distributable reserves130/1 | €6,659 | €6,659 | €6,659 | - | - | - |
| Reserves not available under the articles1311 | €6,659 | €6,659 | €6,659 | - | - | - |
| Tax-exempt reserves132 | €9,939 | €9,939 | €9,939 | €9,939 | €9,939 | = |
| Distributable reserves133 | - | - | - | €6,659 | €6,659 | = |
| Profit (loss) carried forward14 | -€48,749 | -€43,137 | -€32,919 | -€38,603 | -€28,490 | ▲ 26.2% |
| Amounts payable17/49 | €288,048 | €318,322 | €295,734 | €365,817 | €319,519 | ▼ 12.7% |
| Amounts payable after more than one year17 | €250,615 | €263,697 | €234,807 | €289,884 | €248,711 | ▼ 14.2% |
| Financial debts170/4 | €250,615 | €263,697 | €234,807 | €289,884 | €248,711 | ▼ 14.2% |
| Amounts payable within one year42/48 | €37,433 | €54,625 | €60,927 | €70,335 | €61,033 | ▼ 13.2% |
| Current portion of amounts payable after more than one year42 | €6,555 | €20,340 | €19,533 | €26,817 | €24,502 | ▼ 8.6% |
| Financial debts43 | - | - | - | - | €1,191 | - |
| Credit institutions430/8 | - | - | - | - | €1,191 | - |
| Trade debts44 | €26,626 | €30,394 | €18,301 | €30,588 | €11,789 | ▼ 61.5% |
| Suppliers440/4 | €26,626 | €30,394 | €18,301 | €30,588 | €11,789 | ▼ 61.5% |
| Taxes, remuneration and social security45 | €4,252 | €3,891 | €23,093 | €12,930 | €23,552 | ▲ 82.2% |
| Taxes450/3 | €4,252 | €3,891 | €23,093 | €12,930 | €23,552 | ▲ 82.2% |
| Accrued charges and deferred income492/3 | - | - | - | €5,598 | €9,775 | ▲ 74.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,467 | €5,611 | €10,218 | -€5,684 | €10,113 | ▲ 278% |
| + Depreciation and write-downs630 | €13,170 | €21,559 | €29,057 | €37,917 | €48,436 | ▲ 27.7% |
| Operating cash flow (approximation) | €36,637 | €27,170 | €39,276 | €32,232 | €58,549 | ▲ 81.6% |
| Investment in fixed assets (approximation) | - | -€70,383 | -€8,082 | -€106,658 | -€9,226 | ▲ 91.4% |
| Change in cash | - | €1,207 | -€1,136 | €446 | -€257 | ▼ 158% |
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
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
30-09
Financial
Back to profitnet €10,113
Net result €10,113 after one loss-making year.
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €23,467 ▲24.4%
Operating result €38,231, net result €23,467, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
30-09
Financial
Back to profitnet €12,046
Net result €12,046 after one loss-making year.
30-09
Financial
Liquidity triplescurrent ratio 6.03
Current ratio from 2.28 to 6.03; short-term debt falls from €115,697 to €44,416.
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
15-03
KBO administration
Strikeout withdrawal
event 01-03-2019
01-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 305 days late
01-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 670 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 1995
Ground area
895 m²
Building footprint
303 m²
Volume, LiDAR
1,662 m³
Parcel 34021B0288/00G000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVOLDER MOTORS
since 19952.070.592.484
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34021B0288/00G000 | Flanders | 895 m² | 1 · 303 m² | 8.6 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 99 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 99 EUR | 0 EUR |
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MEZ CARS
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AUTOHANDEL M&Z
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Of 10,662 companies in sector 47811 we hold annual accounts for 5,227. 3,372 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
Founded21-01-1995
Fiscal year end30-09
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454300884
Also
9925:BE0454300884
Registered
11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.