DEVOLDERE
ActiveDEVOLDERE has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117k and a net result of €75k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 67% of 4527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+27
Solvency82▼-18
Growth70▲+16
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.46 in 2024; short-term debt: 40.5% and cash: 19.7% of total assets), and 43.3% 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 49
Relative position
BE, all sectors
reference
Sector 49
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
56.7%
Return on assets
36.4%
Age of the figures
9 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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
13 d late
2023
27 d late
2022
41 d early
2021
44 d late
2020
30 d early
2019
3 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€216k▲ 1.5%
2023 · €213k
2020: €166k
2021: €170k
2022: €202k
2023: €213k
2020 → 2024
EBIT margin
1.6%▼ 4.5pp
2023 · 6.1%
2020: 5.8%
2021: 0.9%
2022: 1.2%
2023: 6.1%
2020 → 2024
Net result
€75k▲ 4,170%
2024 · €2k
2018: €13k
2019: €11k
2020: €6k
2021: €-813
2022: €812
2023: €8k
2024: €2k
2018 → 2025
Working capital
€12k▲ 17.9%
2024 · €10k
2018: €-4k
2019: €-27k
2020: €-24k
2021: €-25k
2022: €-41k
2023: €-4k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€170k-€202k▲ 18.5%€213k▲ 5.8%€216k▲ 1.5%
Equity€123k-€124k▲ 0.7%€131k▲ 6.3%€133k▲ 1.3%€117k▼ 12.2%
Operating result€2k-€2k▲ 50.8%€13k▲ 444%€3k▼ 74.1%€108k▲ 3,121%
Net result€-813-€812€8k▲ 856%€2k▼ 77.4%€75k▲ 4,170%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3,121% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206k
Fixed assets
€110k▼ 10.1%
Current assets
€96k▲ 187%
Equity and liabilities €206k
Equity
€117k▼ 12.2%
Debt
€89k▲ 289%
The debt ratio rises from 14.7% to 43.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€137k▲
2024 · €32k
Cash flow
€103k▲
2024 · €30k
Solvency
56.7%▼
2024 · 85.3%
Current ratio
1.15▼
2024 · 1.46
Quick ratio
1.15▼
2024 · 1.46
Debt / equity
0.76▲
2024 · 0.17
ROE
64.1%▲
2024 · 1.3%
ROA
36.4%▲
2024 · 1.1%
Interest coverage
149.82▲
2024 · 81.04
Debt
€89k▲
2024 · €23k
Debt ≤ 1 year
€83k▲
2024 · €23k
Debt > 1 year
€6k
Income taxes
€32k▲
2024 · €1k
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€156k€206k▲
Fixed assets21/28€123k€110k▼
Tangible fixed assets22/27€122k€110k▼
Land and buildings22€84k€86k▲
Furniture and vehicles24€38k€24k▼
Financial fixed assets28€430€430=
Current assets29/58€33k€96k▲
Amounts receivable within one year40/41€27k€50k▲
Trade receivables40€20k€25k▲
Other amounts receivable41€7k€26k▲
Cash at bank and in hand54/58€7k€40k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€156k€206k▲
Equity10/15€133k€117k▼
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Reserves13€127k€110k▼
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Tax-exempt reserves132€4k€4k=
Distributable reserves133€121k€106k▼
Amounts payable17/49€23k€89k▲
Amounts payable after more than one year17-€6k
Financial debts170/4-€6k
Amounts payable within one year42/48€23k€83k▲
Current portion of amounts payable after more than one year42€3k€2k▼
Trade debts44€13k€22k▲
Suppliers440/4€13k€22k▲
Taxes, remuneration and social security45€6k€29k▲
Taxes450/3€6k€29k▲
Other amounts payable47/48-€30k
Income statement
Code20242025
Turnover70€216k-
Non-recurring operating income76A-€19k
Goods, raw materials, services and sundry goods60/61€188k-
Remuneration, social security and pensions62€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€11k
Gross operating margin9900€40k€150k▲
Operating profit (loss)9901€3k€108k▲
Financial income75/76B€179€20▼
Recurring financial income75€179€20▼
Financial charges65/66B€393€912▲
Recurring financial charges65€393€912▲
Profit (loss) for the period before taxes9903€3k€107k▲
Income taxes67/77€1k€32k▲
Profit (loss) for the period9904€2k€75k▲
Profit (loss) for the period to be appropriated9905€2k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€75k▲
Transfer from equity791/2-€90k
Transfer to equity691/2€2k€74k▲
To other reserves6921€2k€74k▲
Profit to be distributed694/7-€91k
Return on contributions (dividend)694-€91k
The notes to these accounts (10 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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €75k ▲4170%
Operating result €108k, net result €75k, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €812
Net result €812 after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
31-12
Financial
Weakest financial yearnet €-813 ▼113%
Net result drops to €-813, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Izegem · 1 establishment unit since 1990
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.
Beukendreef 408870 IzegemGround area
1,626 m²
Building footprint
176 m²
Volume, LiDAR
852 m³
Parcel 36494D0858/00G006, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Beukendreef 40, 8870 Izegem
since 19902.047.207.071
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D0858/00G006 | Flanders | 1,626 m² | 1 · 176 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2024 to 2025 · 2 entries · 1,848 EUR awarded · 1,848 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,730 EUR | 1,730 EUR |
| 2024 | 1 | 118 EUR | 118 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 6,366 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-1989
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.