DEVOOST
ActiveSummary
DEVOOST has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.75M and a net result of €134k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 92% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▲+13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity ample (current ratio 12.76 against 12.57 in 2024; short-term debt: 3.1% and cash: 11.7% of total assets), and 8.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
91.1%
Return on assets
1.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
28 d early
2022
22 d late
2021
16 d early
2020
47 d early
2019
20 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, micro schema
Equity
€9.75M▲ 1.4%
2024 · €9.61M
2018: €9.40Mlowest in 8 years
2019: €9.40M● +0.0% vs 2018
2020: €9.40M● +0.0% vs 2019
2021: €9.40M● +0.0% vs 2020
2022: €9.40M● +0.0% vs 2021
2023: €9.41M● +0.0% vs 2022
2024: €9.61M▲ +2.2% vs 2023
2025: €9.75M▲ +1.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€10.69M▲ 1.2%
2024 · €10.57M
2018: €9.40Mlowest in 8 years
2019: €9.40M● +0.0% vs 2018
2020: €9.42M▲ +0.2% vs 2019
2021: €9.42M● -0.0% vs 2020
2022: €9.42M● +0.0% vs 2021
2023: €9.43M● +0.0% vs 2022
2024: €10.57M▲ +12.2% vs 2023
2025: €10.69M▲ +1.2% vs 2024highest in 8 years
2018 → 2025
Net result
€134k▼ 35.7%
2024 · €208k
2018: €-2klowest in 8 years
2019: €2k▲ +226% vs 2018
2020: €1k▼ -34.1% vs 2019
2021: €23▼ -98.4% vs 2020
2022: €4k▲ +15047% vs 2021
2023: €3k▼ -6.9% vs 2022
2024: €208k▲ +6262% vs 2023highest in 8 years
2025: €134k▼ -35.7% vs 2024
2018 → 2025
Working capital
€3.92M▲ 2.0%
2024 · €3.84M
2019: €21k
2020: €6k▼ -71.8% vs 2019
2021: €5k▼ -22.0% vs 2020lowest in 7 years
2022: €10k▲ +110% vs 2021
2023: €14k▲ +49.9% vs 2022
2024: €3.84M▲ +26765% vs 2023
2025: €3.92M▲ +2.0% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9.40M-€9.40M=€9.41M=€9.61M▲ 2.2%€9.75M▲ 1.4%
2021: €9.40Mlowest in 5 years
2022: €9.40M● +0.0% vs 2021
2023: €9.41M● +0.0% vs 2022
2024: €9.61M▲ +2.2% vs 2023
2025: €9.75M▲ +1.4% vs 2024highest in 5 years
Operating result€71-€4k▲ 4,970%€4k▲ 25.6%€158k▲ 3,420%€110k▼ 30.2%
2021: €71lowest in 5 years
2022: €4k▲ +4970% vs 2021
2023: €4k▲ +25.6% vs 2022
2024: €158k▲ +3420% vs 2023highest in 5 years
2025: €110k▼ -30.2% vs 2024
Net result€23-€4k▲ 15,047%€3k▼ 6.9%€208k▲ 6,262%€134k▼ 35.7%
2021: €23lowest in 5 years
2022: €4k▲ +15047% vs 2021
2023: €3k▼ -6.9% vs 2022
2024: €208k▲ +6262% vs 2023highest in 5 years
2025: €134k▼ -35.7% 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 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.69M
Fixed assets
€6.44M ▲ 0.7%
Current assets
€4.26M ▲ 1.9%
Equity and liabilities €10.69M
Equity
€9.75M ▲ 1.4%
Provisions
€33k ▼ 3.7%
Debt
€915k ▼ 1.1%
Debt's share of the balance-sheet total falls from 8.7% to 8.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€363k▲
2024 · €357k
Cash flow
€386k▼
2024 · €406k
Current ratio
12.76▲
2024 · 12.57
Quick ratio
12.51▲
2024 · 12.32
Debt to equity
0.09▼
2024 · 0.10
ROE
1.4%▼
2024 · 2.2%
ROA
1.2%▼
2024 · 2.0%
Interest coverage
4.16▲
2024 · -83.74
Debt ≤ 1 year
€334k▲
2024 · €332k
Debt > 1 year
€520k=
2024 · €520k
Income taxes
€66k▲
2024 · €30k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.57M€10.69M▲
Fixed assets21/28€6.40M€6.44M▲
Tangible fixed assets22/27€6.40M€6.44M▲
Land and buildings22€6.34M€6.40M▲
Plant, machinery and equipment23€55k€39k▼
Furniture and vehicles24€2k€989▼
Financial fixed assets28€0-
Current assets29/58€4.18M€4.26M▲
Stocks and contracts in progress3€81k€81k=
Stocks30/36€81k€81k=
Amounts receivable within one year40/41€705k€62k▼
Trade receivables40€41k€17k▼
Other amounts receivable41€664k€45k▼
Current investments50/53€2.13M€2.85M▲
Cash at bank and in hand54/58€1.25M€1.25M▲
Deferred charges and accrued income490/1€10k€13k▲
Equity and liabilities
Total equity and liabilities10/49€10.57M€10.69M▲
Equity10/15€9.61M€9.75M▲
Contributions10/11€9.40M€9.40M=
Reserves13€214k€348k▲
Tax-exempt reserves132€84k€84k▼
Distributable reserves133€130k€264k▲
Provisions and deferred taxes16€34k€33k▼
Deferred taxes168€34k€33k▼
Amounts payable17/49€925k€915k▼
Amounts payable after more than one year17€520k€520k=
Other amounts payable178/9€520k€520k=
Amounts payable within one year42/48€332k€334k▲
Trade debts44€54k€13k▼
Suppliers440/4€54k€13k▼
Taxes, remuneration and social security45€3k€20k▲
Taxes450/3€3k€20k▲
Other amounts payable47/48€275k€300k▲
Accrued charges and deferred income492/3€72k€61k▼
Income statement
Code20242025
Non-recurring operating income76A€113k€589▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€199k€253k▲
Other operating charges640/8€69k€86k▲
Non-recurring operating charges66A€68€0▼
Gross operating margin9900€426k€449k▲
Operating profit (loss)9901€158k€110k▼
Financial income75/76B€103k€176k▲
Recurring financial income75€103k€176k▲
Financial charges65/66B€-4k€87k▲
Recurring financial charges65€-4k€87k▲
Profit (loss) for the period before taxes9903€265k€199k▼
Transfer from deferred taxes780€707€1k▲
Transfer to deferred taxes680€28k€0▼
Income taxes67/77€30k€66k▲
Profit (loss) for the period9904€208k€134k▼
Transfer from tax-exempt reserves789-€340
Transfer to tax-exempt reserves689€84k€0▼
Profit (loss) for the period to be appropriated9905€123k€134k▲
Appropriation of the result
Profit (loss) to be appropriated9906€123k€134k▲
Transfer to equity691/2€123k€134k▲
To other reserves6921€123k€134k▲
The notes to these accounts (7 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €113k | €589 | ▼ 99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €199k | €253k | ▲ 27.2% |
| Other operating charges640/8 | €5k | €5k | €5k | €69k | €86k | ▲ 23.5% |
| Non-recurring operating charges66A | - | - | - | €68 | €0 | ▼ 100% |
| Gross operating margin9900 | €6k | €10k | €11k | €426k | €449k | ▲ 5.3% |
| Operating profit (loss)9901 | €71 | €4k | €4k | €158k | €110k | ▼ 30.2% |
| Financial income75/76B | - | - | - | €103k | €176k | ▲ 70.9% |
| Recurring financial income75 | - | - | - | €103k | €176k | ▲ 70.9% |
| Financial charges65/66B | €47 | €39 | €39 | €-4k | €87k | ▲ 2,148% |
| Recurring financial charges65 | €47 | €39 | €39 | €-4k | €87k | ▲ 2,148% |
| Profit (loss) for the period before taxes9903 | €23 | €4k | €4k | €265k | €199k | ▼ 25.1% |
| Transfer from deferred taxes780 | - | - | - | €707 | €1k | ▲ 75.6% |
| Transfer to deferred taxes680 | - | - | - | €28k | €0 | ▼ 100% |
| Income taxes67/77 | - | €32 | €1k | €30k | €66k | ▲ 120% |
| Profit (loss) for the period9904 | €23 | €4k | €3k | €208k | €134k | ▼ 35.7% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €340 | - |
| Transfer to tax-exempt reserves689 | - | - | - | €84k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €23 | €4k | €3k | €123k | €134k | ▲ 8.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.42M | €9.42M | €9.43M | €10.57M | €10.69M | ▲ 1.2% |
| Fixed assets21/28 | €9.40M | €9.39M | €9.39M | €6.40M | €6.44M | ▲ 0.7% |
| Tangible fixed assets22/27 | €1.16M | €1.16M | €1.16M | €6.40M | €6.44M | ▲ 0.7% |
| Land and buildings22 | €1.16M | €1.16M | €1.16M | €6.34M | €6.40M | ▲ 1.0% |
| Plant, machinery and equipment23 | - | - | - | €55k | €39k | ▼ 28.8% |
| Furniture and vehicles24 | - | - | - | €2k | €989 | ▼ 59.4% |
| Financial fixed assets28 | €8.23M | €8.23M | €8.23M | €0 | - | - |
| Current assets29/58 | €24k | €28k | €33k | €4.18M | €4.26M | ▲ 1.9% |
| Stocks and contracts in progress3 | - | - | - | €81k | €81k | = |
| Stocks30/36 | - | - | - | €81k | €81k | = |
| Amounts receivable within one year40/41 | - | - | €2k | €705k | €62k | ▼ 91.2% |
| Trade receivables40 | - | - | - | €41k | €17k | ▼ 58.5% |
| Other amounts receivable41 | - | - | €2k | €664k | €45k | ▼ 93.2% |
| Current investments50/53 | - | - | - | €2.13M | €2.85M | ▲ 33.6% |
| Cash at bank and in hand54/58 | €24k | €28k | €31k | €1.25M | €1.25M | ▲ 0.2% |
| Deferred charges and accrued income490/1 | - | €26 | €30 | €10k | €13k | ▲ 31.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.42M | €9.42M | €9.43M | €10.57M | €10.69M | ▲ 1.2% |
| Equity10/15 | €9.40M | €9.40M | €9.41M | €9.61M | €9.75M | ▲ 1.4% |
| Contributions10/11 | €9.40M | €9.40M | €9.40M | €9.40M | €9.40M | = |
| Reserves13 | - | €3k | €6k | €214k | €348k | ▲ 62.4% |
| Tax-exempt reserves132 | - | - | - | €84k | €84k | ▼ 0.4% |
| Distributable reserves133 | - | €3k | €6k | €130k | €264k | ▲ 103% |
| Profit (loss) carried forward14 | €-297 | €0 | - | - | - | - |
| Provisions and deferred taxes16 | - | - | - | €34k | €33k | ▼ 3.7% |
| Deferred taxes168 | - | - | - | €34k | €33k | ▼ 3.7% |
| Amounts payable17/49 | €19k | €18k | €19k | €925k | €915k | ▼ 1.1% |
| Amounts payable after more than one year17 | - | - | - | €520k | €520k | = |
| Other amounts payable178/9 | - | - | - | €520k | €520k | = |
| Amounts payable within one year42/48 | €19k | €18k | €19k | €332k | €334k | ▲ 0.4% |
| Trade debts44 | €1k | €243 | €0 | €54k | €13k | ▼ 75.7% |
| Suppliers440/4 | €1k | €243 | €0 | €54k | €13k | ▼ 75.7% |
| Taxes, remuneration and social security45 | - | €32 | €1k | €3k | €20k | ▲ 507% |
| Taxes450/3 | - | €32 | €1k | €3k | €20k | ▲ 507% |
| Other amounts payable47/48 | €18k | €18k | €18k | €275k | €300k | ▲ 9.3% |
| Accrued charges and deferred income492/3 | €0 | - | - | €72k | €61k | ▼ 15.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23 | €4k | €3k | €208k | €134k | ▼ 35.7% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €199k | €253k | ▲ 27.2% |
| Operating cash flow (approximation) | €2k | €5k | €5k | €406k | €386k | ▼ 4.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €2.80M | €-296k | ▼ 111% |
| Change in cash | - | €4k | €4k | €1.22M | €3k | ▼ 99.8% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €208k ▲6,262%
Operating result €158k, net result €208k, both a record.
31-12
Financial
Liquidity times 7current ratio 12.57
Current ratio from 1.75 to 12.57.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 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 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 2016
Ground area
771 m²
Building footprint
197 m²
Volume, LiDAR
961 m³
Parcel 34007A0165/00R000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVOOST
since 20162.254.018.791
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34007A0165/00R000 | Flanders | 771 m² | 1 · 197 m² | 6.3 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400JFJS9ZJPAU4427
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 2,220 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)
Founded22-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
41001General construction of residential buildings
43990Other specialised construction activities
66300Activities auxiliary to financial services and insurance activities
68121Development of residential building projects
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
81230Other cleaning activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.