DEVOLU
ActiveSummary
DEVOLU has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €-2k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 63% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-97
Solvency82▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.1%
Return on assets
-25.6%
Age of the figures
9 mo
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-08-2026, 15 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
15 d late
2024
29 d late
2023
28 d late
2022
3 d early
2021
31 d late
2020
31 d late
2019
39 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, abbreviated schema
Equity
€4k▼ 30.9%
2024 · €6k
2018: €4k
2019: €6k▲ +74.8% vs 2018
2020: €4k▼ -33.7% vs 2019
2021: €7k▲ +78.3% vs 2020highest in 8 years
2022: €2k▼ -77.3% vs 2021lowest in 8 years
2023: €4k▲ +130% vs 2022
2024: €6k▲ +61.5% vs 2023
2025: €4k▼ -30.9% vs 2024
2018 → 2025
Total assets
€8k▼ 24.7%
2024 · €10k
2018: €4klowest in 8 years
2019: €7k▲ +64.9% vs 2018
2020: €5k▼ -19.9% vs 2019
2021: €10k▲ +86.8% vs 2020highest in 8 years
2022: €5k▼ -52.1% vs 2021
2023: €7k▲ +46.6% vs 2022
2024: €10k▲ +41.8% vs 2023
2025: €8k▼ -24.7% vs 2024
2018 → 2025
Net result
€-2k
2024 · €2k
2018: €-259
2019: €3k▲ +1126% vs 2018
2020: €-2k▼ -179% vs 2019
2021: €3k▲ +254% vs 2020highest in 8 years
2022: €-6k▼ -276% vs 2021lowest in 8 years
2023: €2k▲ +138% vs 2022
2024: €2k▲ +8.8% vs 2023
2025: €-2k▼ -181% vs 2024
2018 → 2025
Working capital
€4k▼ 30.9%
2024 · €6k
2018: €4k
2019: €6k▲ +78.9% vs 2018
2020: €4k▼ -32.9% vs 2019
2021: €7k▲ +72.2% vs 2020highest in 8 years
2022: €2k▼ -77.3% vs 2021lowest in 8 years
2023: €4k▲ +130% vs 2022
2024: €6k▲ +61.5% vs 2023
2025: €4k▼ -30.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€2k▼ 77.3%€4k▲ 130%€6k▲ 61.5%€4k▼ 30.9%
2021: €7khighest in 5 years
2022: €2k▼ -77.3% vs 2021lowest in 5 years
2023: €4k▲ +130% vs 2022
2024: €6k▲ +61.5% vs 2023
2025: €4k▼ -30.9% vs 2024
Operating result€6k-€-6k€5k€5k▲ 2.7%€52▼ 98.9%
2021: €6khighest in 5 years
2022: €-6k▼ -190% vs 2021lowest in 5 years
2023: €5k▲ +183% vs 2022
2024: €5k▲ +2.7% vs 2023
2025: €52▼ -98.9% vs 2024
Net result€3k-€-6k€2k€2k▲ 8.8%€-2k
2021: €3khighest in 5 years
2022: €-6k▼ -276% vs 2021lowest in 5 years
2023: €2k▲ +138% vs 2022
2024: €2k▲ +8.8% vs 2023
2025: €-2k▼ -181% vs 2024
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 falls in 2025; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €8k
Equity
€4k ▼ 30.9%
Debt
€3k ▼ 14.4%
Debt's share of the balance-sheet total rises from 37.8% to 42.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.33▼
2024 · 2.65
Debt to equity
0.75▲
2024 · 0.61
ROE
-44.8%▼
2024 · 38.1%
ROA
-25.6%▼
2024 · 23.7%
Debt ≤ 1 year
€3k▼
2024 · €4k
Income taxes
€2k▼
2024 · €2k
Staff costs
€89
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 · 30 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10k€8k▼
Current assets29/58€10k€8k▼
Amounts receivable within one year40/41€514€342▼
Other amounts receivable41€514€342▼
Cash at bank and in hand54/58€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€10k€8k▼
Equity10/15€6k€4k▼
Contributions10/11€15k€15k=
Capital10-€15k
Issued capital100-€15k
Profit (loss) carried forward14€-9k€-11k▼
Amounts payable17/49€4k€3k▼
Amounts payable within one year42/48€4k€3k▼
Trade debts44€699€703▲
Suppliers440/4€699€703▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€801€801=
Income statement
Code20242025
Remuneration, social security and pensions62-€89
Other operating charges640/8€1k€1k▲
Gross operating margin9900€6k€2k▼
Operating profit (loss)9901€5k€52▼
Financial charges65/66B€50€48▼
Recurring financial charges65€50€48▼
Profit (loss) for the period before taxes9903€5k€3▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€2k€-2k▼
Profit (loss) for the period to be appropriated9905€2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-11k▼
Profit (loss) brought forward from the previous period14P€-11k€-9k▲
The notes to these accounts (4 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €89 | - |
| Other operating charges640/8 | €1k | €1k | €2k | €1k | €1k | ▲ 17.4% |
| Gross operating margin9900 | €7k | €-4k | €6k | €6k | €2k | ▼ 74.2% |
| Operating profit (loss)9901 | €6k | €-6k | €5k | €5k | €52 | ▼ 98.9% |
| Financial income75/76B | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | €111 | €40 | €50 | €50 | €48 | ▼ 2.5% |
| Recurring financial charges65 | €111 | €40 | €50 | €50 | €48 | ▼ 2.5% |
| Profit (loss) for the period before taxes9903 | €6k | €-6k | €5k | €5k | €3 | ▼ 99.9% |
| Income taxes67/77 | €3k | - | €2k | €2k | €2k | ▼ 20.1% |
| Profit (loss) for the period9904 | €3k | €-6k | €2k | €2k | €-2k | ▼ 181% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-6k | €2k | €2k | €-2k | ▼ 181% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10k | €5k | €7k | €10k | €8k | ▼ 24.7% |
| Current assets29/58 | €10k | €5k | €7k | €10k | €8k | ▼ 24.7% |
| Amounts receivable within one year40/41 | €4k | €862 | €2k | €514 | €342 | ▼ 33.5% |
| Trade receivables40 | €4k | - | €2k | - | - | - |
| Other amounts receivable41 | €295 | €862 | €401 | €514 | €342 | ▼ 33.5% |
| Current investments50/53 | €6k | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €4k | €5k | €9k | €7k | ▼ 24.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10k | €5k | €7k | €10k | €8k | ▼ 24.7% |
| Equity10/15 | €7k | €2k | €4k | €6k | €4k | ▼ 30.9% |
| Contributions10/11 | €15k | €15k | €15k | €15k | €15k | = |
| Capital10 | - | - | - | - | €15k | - |
| Issued capital100 | - | - | - | - | €15k | - |
| Profit (loss) carried forward14 | €-8k | €-14k | €-11k | €-9k | €-11k | ▼ 21.1% |
| Amounts payable17/49 | €3k | €3k | €3k | €4k | €3k | ▼ 14.4% |
| Amounts payable within one year42/48 | €3k | €3k | €3k | €4k | €3k | ▼ 14.4% |
| Trade debts44 | - | €456 | €563 | €699 | €703 | ▲ 0.5% |
| Suppliers440/4 | - | €456 | €563 | €699 | €703 | ▲ 0.5% |
| Taxes, remuneration and social security45 | €2k | €2k | €2k | €2k | €2k | ▼ 24.2% |
| Taxes450/3 | €2k | €2k | €2k | €2k | €2k | ▼ 24.2% |
| Other amounts payable47/48 | €565 | €562 | €562 | €801 | €801 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-6k | €2k | €2k | €-2k | ▼ 181% |
| Operating cash flow (approximation) | €3k | €-6k | €2k | €2k | €-2k | ▼ 181% |
| Change in cash | - | - | €1k | €4k | €-2k | ▼ 153% |
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
15-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 15 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 39 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 20.12
Current ratio from 8.07 to 20.12; short-term debt falls from €503 to €333.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial 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, Denderleeuw · 1 establishment unit since 2008
Ground area
1,016 m²
Building footprint
196 m²
Volume, LiDAR
798 m³
Parcel 41030A0297/00E000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DEVOLU
since 20082.170.952.248
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41030A0297/00E000 | Flanders | 1,016 m² | 1 · 196 m² | 6.4 m · 1 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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M O B I,
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Of 4,418 companies in sector 46180 we hold annual accounts for 1,885. 591 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 (pre-2019)
Founded29-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.