DEVOS
ActiveDEVOS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €323k and a net result of €26k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 75% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-9
Solvency94▼-3
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 2.87 against 3.11 in 2023; short-term debt: 25.8% and cash: 14.9% of total assets), and 31.2% of the assets are financed with debt.
Credit advice 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 · 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
22 d late
2022
21 d late
2021
22 d late
2020
33 d early
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€323k▼ 9.4%
2023 · €357k
2018: €329k
2019: €389k
2020: €346k
2021: €340k
2022: €343k
2023: €357k
2018 → 2024
Total assets
€469k▼ 4.8%
2023 · €493k
2018: €421k
2019: €582k
2020: €609k
2021: €472k
2022: €531k
2023: €493k
2018 → 2024
Net result
€26k▼ 58.9%
2023 · €64k
2018: €51k
2019: €61k
2020: €59k
2021: €28k
2022: €36k
2023: €64k
2018 → 2024
Working capital
€227k▼ 21.4%
2023 · €288k
2018: €253k
2019: €264k
2020: €232k
2021: €250k
2022: €277k
2023: €288k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€346k-€340k▼ 1.9%€343k▲ 0.9%€357k▲ 4.1%€323k▼ 9.4%
Operating result€87k-€44k▼ 49.4%€56k▲ 26.1%€92k▲ 65.7%€32k▼ 65.7%
Net result€59k-€28k▼ 52.4%€36k▲ 30.0%€64k▲ 75.1%€26k▼ 58.9%
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 2024; 2024 is 66% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €469k
Fixed assets
€121k▲ 77.7%
Current assets
€348k▼ 18.1%
Equity and liabilities €469k
Equity
€323k▼ 9.4%
Debt
€146k▲ 7.2%
The debt ratio rises from 27.7% to 31.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€76k▼
2023 · €127k
Cash flow
€71k▼
2023 · €98k
Solvency
68.8%▼
2023 · 72.3%
Current ratio
2.87▼
2023 · 3.11
Quick ratio
2.56▼
2023 · 2.85
Debt / equity
0.45▲
2023 · 0.38
ROE
8.1%▼
2023 · 17.9%
ROA
5.6%▼
2023 · 12.9%
Interest coverage
21.40▼
2023 · 50.99
Debt
€146k▲
2023 · €136k
Debt ≤ 1 year
€121k▼
2023 · €136k
Debt > 1 year
€25k▲
2023 · €0
Income taxes
€11k▼
2023 · €27k
Staff costs
€122k▼
2023 · €123k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€493k€469k▼
Fixed assets21/28€68k€121k▲
Tangible fixed assets22/27€66k€119k▲
Land and buildings22€20k€17k▼
Plant, machinery and equipment23€25k€5k▼
Furniture and vehicles24€21k€97k▲
Financial fixed assets28€2k€2k▲
Current assets29/58€425k€348k▼
Stocks and contracts in progress3€36k€38k▲
Stocks30/36€34k€31k▼
Contracts in progress37€3k€8k▲
Amounts receivable within one year40/41€29k€62k▲
Trade receivables40€22k€49k▲
Other amounts receivable41€7k€13k▲
Current investments50/53€225k€175k▼
Cash at bank and in hand54/58€131k€70k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€493k€469k▼
Equity10/15€357k€323k▼
Contributions10/11€20k€20k=
Reserves13€337k€303k▼
Distributable reserves133€337k€303k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€136k€146k▲
Amounts payable after more than one year17€0€25k▲
Financial debts170/4€0€25k▲
Amounts payable within one year42/48€136k€121k▼
Current portion of amounts payable after more than one year42€15k€11k▼
Trade debts44€11k€16k▲
Suppliers440/4€11k€16k▲
Advances received on contracts in progress46€52k€31k▼
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3€8k€4k▼
Other amounts payable47/48€50k€60k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€123k€122k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€44k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€253k€200k▼
Operating profit (loss)9901€92k€32k▼
Financial income75/76B€774€9k▲
Recurring financial income75€774€9k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€91k€37k▼
Income taxes67/77€27k€11k▼
Profit (loss) for the period9904€64k€26k▼
Profit (loss) for the period to be appropriated9905€64k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€26k▼
Transfer from equity791/2€50k€60k▲
Transfer to equity691/2€64k€26k▼
To other reserves6921€64k€26k▼
Profit to be distributed694/7€50k€60k▲
Return on contributions (dividend)694€50k€60k▲
Social balance
Average headcount (FTE)90872.0-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €26k ▼58.9%
Net result drops to €26k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
31-12
Financial
Highest result since 2018net €64k ▲75.1%
Operating result €92k, net result €64k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Anzegem · 1 establishment unit since 2009
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.
Roterijstraat 38570 AnzegemGround area
1,351 m²
Building footprint
775 m²
Volume, LiDAR
5,200 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVOS
since 20092.181.854.949
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002F0476/00R000 | Flanders | 716 m² | 1 · 139 m² | 9.3 m · 2 fl. |
| 34035B0213/00Y003 | Flanders | 636 m² | 1 · 636 m² | 7.7 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.
Similar companies · same sector, comparable size
MONSIEUR MENUISERIE
BE 0757.768.750
Seraing · Eq €323k
SCHRIJNWERK BULCAEN
BE 0841.482.918
Deerlijk · Eq €323k
Hubert HERBAUX
BE 0432.639.202
Ciney · Eq €324k
KASTEL INTERIOR
BE 0829.358.413
Oostrozebeke · Eq €323k
BOUWCONCEPT VRL
BE 0837.361.012
Maasmechelen · Eq €323k
Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 6,773 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-08-2009
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.