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DEVOS AGRO

Active
Private limited companyfounded 2024active for 2 yearsEugeen Coolsstraat 66, 3460 Bekkevoort, BelgiumKBO/BCE: BE 1006.914.438
Summary

DEVOS AGRO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,974 and a net result of €974. Its solvency ranks better than 10% of 2,053 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

Equity
€25,974
Total assets
€2.5m
Net result
€974
Working capital
-€2.1m

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €2.5m
Fixed assets €2.2m
Current assets €357,571
Equity and liabilities €2.5m
Equity €25,974
Debt €2.5m
Debt finances 99.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€848,994
Cash flow
€764,152
Current ratio
0.14
Quick ratio
0.08
Debt to equity
96.51
ROE
3.8%
ROA
0.0%
Interest coverage
10.04
Debt ≤ 1 year
€2.5m
Income taxes
€244
Staff costs
€315,000

Peer companies

Historical observation

Of the 1,514 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.8% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
1.5% stopped otherwise
95.8% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,514 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€2.5m
Fixed assets21/28€2.2m
Tangible fixed assets22/27€2.2m
Plant, machinery and equipment23€0.9m
Furniture and vehicles24€1.3m
Current assets29/58€0.4m
Stocks and contracts in progress3€0.1m
Stocks30/36€0.1m
Amounts receivable within one year40/41€0.2m
Trade receivables40€0.2m
Cash at bank and in hand54/58€0.02m
Equity and liabilities
Total equity and liabilities10/49€2.5m
Equity10/15€0.03m
Contributions10/11€0.03m
Reserves13€0.001m
Distributable reserves133€0.001m
Amounts payable17/49€2.5m
Amounts payable within one year42/48€2.5m
Current portion of amounts payable after more than one year42€0.08m
Trade debts44€0.04m
Suppliers440/4€0.04m
Taxes, remuneration and social security45€0.02m
Taxes450/3€0.02m
Other amounts payable47/48€2.3m
Accrued charges and deferred income492/3€0.02m
Income statement Code2025
Remuneration, social security and pensions62€0.3m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.8m
Other operating charges640/8€0.001m
Gross operating margin9900€1.2m
Operating profit (loss)9901€0.09m
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€0.08m
Recurring financial charges65€0.08m
Profit (loss) for the period before taxes9903€0.001m
Income taxes67/77€244
Profit (loss) for the period9904€0.001m
Profit (loss) for the period to be appropriated9905€0.001m
Appropriation of the result
Profit (loss) to be appropriated9906€0.001m
Transfer to equity691/2€0.001m
To other reserves6921€0.001m

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€0.3m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.8m
Other operating charges640/8€0.001m
Gross operating margin9900€1.2m
Operating profit (loss)9901€0.09m
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€0.08m
Recurring financial charges65€0.08m
Profit (loss) for the period before taxes9903€0.001m
Income taxes67/77€244
Profit (loss) for the period9904€0.001m
Profit (loss) for the period to be appropriated9905€0.001m
Line2025
Assets
Total assets20/58€2.5m
Fixed assets21/28€2.2m
Tangible fixed assets22/27€2.2m
Plant, machinery and equipment23€0.9m
Furniture and vehicles24€1.3m
Current assets29/58€0.4m
Stocks and contracts in progress3€0.1m
Stocks30/36€0.1m
Amounts receivable within one year40/41€0.2m
Trade receivables40€0.2m
Cash at bank and in hand54/58€0.02m
Equity and liabilities
Total equity and liabilities10/49€2.5m
Equity10/15€0.03m
Contributions10/11€0.03m
Reserves13€0.001m
Distributable reserves133€0.001m
Amounts payable17/49€2.5m
Amounts payable within one year42/48€2.5m
Current portion of amounts payable after more than one year42€0.08m
Trade debts44€0.04m
Suppliers440/4€0.04m
Taxes, remuneration and social security45€0.02m
Taxes450/3€0.02m
Other amounts payable47/48€2.3m
Accrued charges and deferred income492/3€0.02m
Line2025
Profit (loss) for the period9904€974
+ Depreciation and write-downs630€763,177
Operating cash flow (approximation)€764,152

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 15-07-2026 2026-00302118

Similar companies · same sector, comparable size

Of the 4,637 active companies whose main activity is support activities for crop production (NACE 01610), figures are known for 1,372. 793 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.