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DEVOLU

Active Private limited company (pre-2019)founded 2008active for 18 yearsBraamlandstraat 28, 9472 DenderleeuwKBO/BCE: BE 0897.614.541

Overview

Lifetime

18 annual accounts with figures on one time axis
peak €7,457 (2021)
€1,553▼ 74.2%
lowest -€6,038 (2008)
-€1,921▼ €4,285
peak €7,349 (2021)
€4,287▼ 30.9%
€3,224▼ 14.4%
Documentsfilings and deeds
15-08-202615 days late
2025abbreviated format
Gross margin from €6,024 to €1,553Loss of €1,921Equity from €6,208 to €4,287

Key points

from the 2025 annual accounts

Turnover

≈ €9,300 estimated

The accounts state no turnover.

Filings

18 annual accounts since 2008
AprilJune31 JulyOctober2010201520202025

Nine of the last ten came late. The 2017 accounts came latest: 57 days after the end of the period.

Position in the sector

€4,287

Less equity than 87% of companies in wholesale trade. Sector median €360,959 · 9,897 companies.

Checked score

90
Excellent
Financially stronger than 42% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

82-5equity 57.1% of total assets
79-4short-term debt 42.9% · cash 95.4%
0-97return on assets -25.6%

Score breakdown

raises risk
Loss of €1,921 (financial year 2025)
lowers risk
Liquidity: current ratio 2.33, cash €7,169
Founded in 2008
Size: total assets €7,511
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 64% of them on solvency, 82% on liquidity, 6% on profitability and 15% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,805 companies had the same profile as DEVOLU has now. Each dot stands for 13 companies, two years later.

88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DEVOLU itself is lower: 0.1% within 12 months. It rests on far more data about DEVOLU than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,805 companies, not a prediction for DEVOLU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.33, cash €7,169
NBB · annual accounts
raises risk · Loss of €1,921 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €7,511
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 15 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
15 days late
2024
29 days late
2023
28 days late
2022
3 days early
2021
31 days late
2020
31 days late
2019
39 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0897614541
Incorporation published on 09-05-2008 · Gazette deed
First establishment Braamlandstraat 28, Denderleeuw
All 29 events

Comparable companies

same main activity, similar in size and age
Company
DEVOLU Denderleeuw €7,511 €1,553 57.1% -
Kokoda Watermael-Boitsfort €8,132 -€1,765 77.0% -
O.L.H. Tervuren €9,986 -€3,112 -198.9% -
D En Bulle Waremme €8,363 -€500 49.8% -
SADEMAX Diepenbeek €5,360 €578 -201.4% -
EVMH Chastre €5,514 -€3,861 68.7% -
AIR TRANSPORT TRADE Ixelles €11,468 -€345 85.2% -

These companies have the same main activity as DEVOLU: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €5,360 and €11,500, founded between 2005 and 2011.

Official details

Source: KBO
Status
Active since 29-04-2008Normal situation
Activity
Agents specialised in the wholesale of other particular productsNACE 46180and 2 others
Establishment unit
2.170.952.2489472 Denderleeuw, since 29-04-2008
Financial year end
31 December
Peppol
Reachable since 30-12-2025
Company details

Annual accounts 2025

€1,553▼ 74.2%
€1,921
€4,287▼ 30.9%
€7,511▼ 24.7%
Filing
Filed on 15-08-2026
Financials

Insights on DEVOLU

DEVOLU files the abbreviated format. That format states no turnover. The gross margin rose from -€2,090 in 2008 to €1,553 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 15-08-2026, 15 days late
€1,553
▼ 74.2%
€52
▼ 98.9%
-€1,921
▼ €4,285
€4,287
▼ 30.9%
57.1%
▼ 5.2 percentage points
2.33
▼ 0.32

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €9,300. Estimated: probably between €5,000 and €29,000.

Balance sheet

balance sheet total €7,511 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

57.1%

Higher than 64% of 9,901 companies in 2025.

2.33

Higher than 63% of 9,664 companies in 2025.

-25.6%

Lower than 95% of 9,779 companies in 2025.

DEVOLU Middle half of the sector 80% of the sector Abbreviated accounts in wholesale trade (NACE 46)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
Balance sheet: assets
20/58 7,5119,9767,0374,79910,0145,3606,6944,0594,6423,0263,3795,4003,2333,6895,8189,25513,11022,422
21/28 ------------1,5622,3065,4148,91912,42415,930
22/27 ------------1,5622,3065,4148,91912,42415,930
24 ------------1,5622,3065,4148,91912,42415,930
29/58 7,5119,9767,0374,79910,0145,3606,6944,0594,6423,0263,3795,4001,6711,3834043366866,492
40/41 3425141,9018623,9289274,1435884,2282,8775826955565622422881995,308
40 --1,500-3,633793,202-2,8732,371-------5,058
41 3425144018622958489415881,355507582695556562242288199250
50/53 ----6,086-------------
54/58 7,1699,4615,1363,937-4,4332,4913,411354892,4624,370535354162494871,184
490/1 ------60606060335335579468----
Balance sheet: equity and liabilities
10/49 7,5119,9767,0374,79910,0145,3606,6944,0594,6423,0263,3795,4003,2333,6895,8189,25513,11022,422
10/15 4,2876,2083,8441,6717,3494,1226,2163,5563,8152,2749512,8622,6441,2732,6782,2342,8864,262
10/11 15,30015,30015,30015,30015,30015,30015,30015,30015,30015,30015,30015,30015,30015,30015,30012,30011,30010,300
10 15,300-----------------
100 15,300----18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 -----3,3003,3003,3003,3003,3003,3003,3003,3003,3003,3006,3007,3008,300
14 -11,013-9,092-11,456-13,629-7,951-11,178-9,084-11,744-11,485-13,026-14,349-12,438-12,656-14,027-12,622-10,066-8,414-6,038
17/49 3,2243,7683,1933,1292,6651,2384785038267532,4292,5385892,4163,1407,02110,22418,160
42/48 3,2243,7683,1933,1292,6651,0933335038267532,4292,5385892,4163,1407,02110,22418,160
44 703699563456-648-17049442050955762,0831,7771,679503202
440/4 703699563456-648-17049442050955762,0831,7771,679503202
45 1,7202,2682,0682,1102,100-3333333333331,9202,53313333333333166-
450/3 1,7202,2682,0682,1102,100-3333333333331,9202,53313333333333166-
47/48 801801562562565445--------1,0315,0109,55517,958
492/3 -----145145-----------
Income statement
9900 1,5536,0246,212-4,4587,4571,4686,2774,1095,6324,986-5705,5964,2783,2552,2483,5672,286-2,090
62 89-----------693372-269--
630 -----------1,5627443,1083,5053,5053,5053,029
640/8 1,4121,2031,5161,1801,1971,1381,4481,3481,4571,6121,3021,5751,4331,1401,2851,4311,147922
9901 524,8214,696-5,6386,2603304,8292,7614,1753,374-1,8722,4591,408-1,365-2,542-1,639-2,366-6,041
75/76B ----00--10000000211
75 ----00--10000000211
65/66B 485050401113542353441404137401413116
65 485050401113542353441404137401413116
9903 34,7714,646-5,6786,1492954,7872,7264,1423,333-1,9122,4181,371-1,405-2,557-1,652-2,375-6,037
67/77 1,9242,4072,474-2,9222,3902,1272,9852,6002,010-2,200----02
9904 -1,9212,3642,173-5,6783,227-2,0942,660-2591,5421,323-1,9122181,371-1,405-2,557-1,652-2,375-6,038
9905 -1,9212,3642,173-5,6783,227-2,0942,660-2591,5421,323-1,9122181,371-1,405-2,557-1,652-2,375-6,038
Appropriation of the result
9906 -11,013-9,092-11,456-13,629-7,951-11,178-9,084-11,744-11,485-13,026-14,349-12,438-12,656-14,027-12,622-10,066-8,414-6,038
14P -9,092-11,456-13,629-7,951-11,178-------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 15-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 15 days after the deadline. Filed on 15 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399895.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 15-08-2026 2026-00399895 PDF
31-12-2024 micro format 29-08-2025 2025-00434187 PDF
31-12-2023 micro format 28-08-2024 2024-00383685 PDF
31-12-2022 micro format 28-07-2023 2023-00285350 PDF
31-12-2021 micro format 31-08-2022 2022-20418911 PDF
31-12-2020 abbreviated format 31-08-2021 2021-65400341 PDF
31-12-2019 abbreviated format 08-09-2020 2020-52300479 PDF
31-12-2018 abbreviated format 31-08-2019 2019-62500241 PDF
31-12-2017 abbreviated format 26-09-2018 2018-67400550 PDF
31-12-2016 abbreviated format 31-08-2017 2017-59400203 PDF
31-12-2015 abbreviated format 30-08-2016 2016-54400349 PDF
31-12-2014 abbreviated format 28-08-2015 2015-56300285 PDF
31-12-2013 abbreviated format 29-08-2014 2014-57500215 PDF
31-12-2012 abbreviated format 30-08-2013 2013-56100308 PDF
31-12-2011 abbreviated format 31-08-2012 2012-55600174 PDF
31-12-2010 abbreviated format 29-08-2011 2011-49700077 PDF
31-12-2009 abbreviated format 30-08-2010 2010-49900008 PDF
31-12-2008 abbreviated format 31-08-2009 2009-72500043 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
-----------4,0212,1511,7429631,8671,139-3,012
-----------1,7802,1151,7039491,8531,130-3,009
-----------00000018,959
-2,2934,3261,199--1,942-9203,057265-2,373-1,9083,835181192114-438-697-
4,2876,2083,8441,6717,3494,2676,3613,5563,8152,2749512,8621,082-1,033-2,736-6,685-9,538-11,668
57.1%62.2%54.6%-73.4%76.9%92.9%----53.0%--46.0%24.1%22.0%19.0%
2.332.652.20-3.764.9020.12----2.13--0.130.050.070.36
0.750.610.83-0.360.300.08----0.89--1.173.143.544.26
-44.8%38.1%56.5%-43.9%-50.8%42.8%----7.6%---95.5%-73.9%-82.3%-141.7%
-25.6%23.7%30.9%-32.2%-39.1%39.7%----4.0%---43.9%-17.8%-18.1%-26.9%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on DEVOLU

The operating result for 2025 is 99% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total rises from 37.8% to 42.9%. Equity and debt are lower.

Timeline

Timeline

29 events since 2008

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 15 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0897614541
Annual accounts 2024 filed PDFmicro format · 29 days late
2024
Annual accounts 2023 filed PDFmicro format · 28 days late
2023
Back to profit net €2,173 The net result is €2,173, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 3 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Back to profit net €3,227 The net result is €3,227, after one loss-making year.
Annual accounts 2020 filed PDFabbreviated format · 31 days late
2020
Annual accounts 2019 filed PDFabbreviated format · 39 days late
2019
Back to profit net €2,660 The net result is €2,660, after one loss-making year.
Liquidity more than doubled current ratio 20.12 The current ratio rises from 8.07 to 20.12. Short-term debt falls from €503 to €333.
Annual accounts 2018 filed PDFabbreviated format · 31 days late
2018
Annual accounts 2017 filed PDFabbreviated format · 57 days late
2017
Annual accounts 2016 filed PDFabbreviated format · 31 days late
2016
Back to profit net €1,323 The net result is €1,323, after one loss-making year.
Liquidity more than doubled current ratio 4.02 The current ratio rises from 1.39 to 4.02. Short-term debt falls from €2,429 to €753.
Annual accounts 2015 filed PDFabbreviated format · 30 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 28 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 29 days late
2013
Back to profit net €1,371 The net result is €1,371, after 5 loss-making years.
Liquidity more than quadruples current ratio 2.84 The current ratio rises from 0.57 to 2.84. Short-term debt falls from €2,416 to €589.
Annual accounts 2012 filed PDFabbreviated format · 30 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 31 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 29 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 30 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 31 days late
2008
Incorporation PDFpublished on 09-05-2008
First establishment Braamlandstraat 28, Denderleeuw

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

DEVOLU was incorporated on 29 April 2008.1 Total assets rose from €4,059 in 2018 to €7,511 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0897.614.541
VAT number
BE 0897.614.541
Peppol ID
0208:0897614541
Other Peppol ID
9925:BE0897614541
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
29-04-2008
Financial year
ends on 31 December
Peppol
Reachable since 30-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DEVOLU in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
46180 Wholesale trade main activity
46190 Wholesale trade
64200 Holdings

Registered office and establishments

1 establishment
Establishment Since Unit number
Braamlandstraat 28 registered office 9472 Denderleeuw 46190 Agents in non-specialised wholesale trade 29-04-2008 2.170.952.248

Buildings and parcels at the address

Ground area
1,016 m²
Buildings
196 m²
Volume, LiDAR
798 m³
Tallest building
6.4 m
Buildings to scale, each on its own parcel
196 m², 6.4 m 196 m², 6.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
41030A0297/00E0001,016 m² 1 · 196 m² 6.4 m · 1