Devolder Thijs
ActiveDevolder Thijs has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €596k and a net result of €15k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 85% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
83
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-8
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.31 against 4.91 in 2024), and 19.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
80.6%
Return on assets
2%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
44 d early
2023
37 d early
2022
29 d late
2021
38 d early
2020
46 d early
2019
31 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€596k▼ 9.2%
2024 · €656k
2018: €585k
2019: €607k
2020: €626k
2021: €648k
2022: €664k
2023: €629k
2024: €656k
2018 → 2025
Total assets
€739k▼ 6.6%
2024 · €791k
2018: €861k
2019: €759k
2020: €739k
2021: €732k
2022: €786k
2023: €720k
2024: €791k
2018 → 2025
Net result
€15k▼ 45.0%
2024 · €27k
2018: €53k
2019: €22k
2020: €19k
2021: €22k
2022: €16k
2023: €33k
2024: €27k
2018 → 2025
Working capital
€417k▼ 13.9%
2024 · €485k
2018: €382k
2019: €391k
2020: €412k
2021: €434k
2022: €474k
2023: €462k
2024: €485k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€648k-€664k▲ 2.4%€629k▼ 5.3%€656k▲ 4.4%€596k▼ 9.2%
Operating result€34k-€30k▼ 11.8%€49k▲ 64.3%€42k▼ 14.3%€23k▼ 45.9%
Net result€22k-€16k▼ 28.8%€33k▲ 113%€27k▼ 18.1%€15k▼ 45.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 46% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €739k
Fixed assets
€196k▲ 7.4%
Current assets
€543k▼ 10.7%
Equity and liabilities €739k
Equity
€596k▼ 9.2%
Debt
€144k▲ 6.3%
The debt ratio rises from 17.1% to 19.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€46k▼
2024 · €62k
Cash flow
€38k▼
2024 · €48k
Solvency
80.6%▼
2024 · 82.9%
Current ratio
4.31▼
2024 · 4.91
Quick ratio
4.25▼
2024 · 4.86
Debt / equity
0.24▲
2024 · 0.21
ROE
2.5%▼
2024 · 4.2%
ROA
2.0%▼
2024 · 3.5%
Interest coverage
12.18▼
2024 · 37.64
Debt
€144k▲
2024 · €135k
Debt ≤ 1 year
€126k▲
2024 · €124k
Debt > 1 year
€17k▲
2024 · €11k
Income taxes
€11k▼
2024 · €14k
Staff costs
€776▼
2024 · €3k
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€791k€739k▼
Fixed assets21/28€183k€196k▲
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€183k€196k▲
Land and buildings22€146k€136k▼
Plant, machinery and equipment23€34k€27k▼
Furniture and vehicles24€2k€33k▲
Current assets29/58€609k€543k▼
Stocks and contracts in progress3€7k€7k▲
Stocks30/36€7k€7k▲
Amounts receivable within one year40/41€101k€90k▼
Trade receivables40€82k€64k▼
Other amounts receivable41€20k€26k▲
Current investments50/53€188k€189k▲
Cash at bank and in hand54/58€305k€249k▼
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€791k€739k▼
Equity10/15€656k€596k▼
Contributions10/11€30k€30k=
Reserves13€602k€542k▼
Distributable reserves133€602k€542k▼
Profit (loss) carried forward14€24k€24k=
Amounts payable17/49€135k€144k▲
Amounts payable after more than one year17€11k€17k▲
Financial debts170/4€11k€17k▲
Amounts payable within one year42/48€124k€126k▲
Current portion of amounts payable after more than one year42€3k€10k▲
Trade debts44€107k€63k▼
Suppliers440/4€107k€63k▼
Taxes, remuneration and social security45€14k€285▼
Taxes450/3€14k€200▼
Remuneration and social security454/9€84€84=
Other amounts payable47/48€117€53k▲
Income statement
Code20242025
Remuneration, social security and pensions62€3k€776▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€23k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€3k€3k▲
Gross operating margin9900€67k€53k▼
Operating profit (loss)9901€42k€23k▼
Financial income75/76B€1k€7k▲
Recurring financial income75€1k€7k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€41k€26k▼
Income taxes67/77€14k€11k▼
Profit (loss) for the period9904€27k€15k▼
Profit (loss) for the period to be appropriated9905€27k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€39k▼
Profit (loss) brought forward from the previous period14P€24k€24k=
Transfer from equity791/2€0€75k▲
Transfer to equity691/2€27k€15k▼
To other reserves6921€27k€15k▼
Profit to be distributed694/7€0€75k▲
Return on contributions (dividend)694€0€75k▲
The notes to these accounts (11 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €15k ▼45%
Net result drops to €15k, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tielt · 1 establishment unit since 1984
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.
Kapellestraat 1048760 TieltGround area
834 m²
Building footprint
418 m²
Volume, LiDAR
2,323 m³
2 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Devolder Wim BVBA
since 19842.024.461.165
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37007E0354/00E002 | Flanders | 540 m² | 1 · 124 m² | 10.9 m · 1 fl. |
| 37322D0373/00K000 | Flanders | 294 m² | 1 · 294 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2024 · 1 entry · 204 EUR awarded · 204 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 204 EUR | 204 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 19,948 companies in sector 43320 we hold annual accounts for 9,084. 5,565 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-1983
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:devolderwim.be
E-mail:info@devolderwim.be