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Devos-Architects

Active
Private limited companyfounded 2023active for 3 yearsCondédreef(Kor) 81, 8500 Kortrijk, BelgiumKBO/BCE: BE 1000.974.672
Summary

Devos-Architects has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160,469 and a net result of €119,578, of which €132,107 non-recurring income. Its solvency ranks better than 59% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 09-10-2023 Normal situation
Activity
Activities of building architects NACE 71111
Joint committee
336 Paritair Comité voor de vrije beroepen · annual accounts 30-06-2025
Establishment unit
2.350.749.567 8500 Kortrijk, since 09-10-2023
Financial year end
30 June
Peppol
Reachable since 10-11-2023

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€180,324
▲ 195%
Turnover
≈ €360,000
estimated
Profit
€119,578
▲ 233%
Equity
€160,469
▲ 292%
Total assets
€289,564
▲ 113%
Staff
0.2 FTE
=
  • 2025 accounts filed 16 days after the deadline
Score breakdownraises riskFounded in 2023lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 3.76, cash €57,981Equity €160,469 (55.4% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 74% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 80+25
equity 55.4% of total assets
Liquidity 70-3
short-term debt 18.4% · cash 20.0%
Profitability 100=
return on assets 41.3%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,824 companies, NACE 71, micro)
Last 24 months 12-2024: 0.5%highest value 01-2025: 0.5%● unchanged vs 12-2024highest value 02-2025: 0.1%▼ -0.4 percentage points 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: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.4%▲ +0.2 percentage points vs 01-2026 03-2026: 0.1%▼ -0.3 percentage points 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 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.76 (1.43 in 2024), above the usual 1.5. Short-term debt is 18.4% and cash 20% of total assets. 44.6% of the assets are financed with debt and provisions.
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 71, micro). It does better than 53% of them on solvency, 58% on liquidity, 88% on profitability and 97% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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 · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 3.76, cash €57,981
NBB · annual accounts
lowers risk · Equity €160,469 (55.4% of total assets)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 16 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 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 · 2 filings
Deviation from the deadline
2025
16 days late
2024
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 5 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 16 days after the deadline Filed on 16 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00040265.

Annual accounts 2025 filed on 16-02-2026 PDF all 2 filings

Turnover
≈ €360,000
Estimated: probably between €280,000 and €550,000
Total assets
€289,564▲ 113%
2024 · €136,031
Net result
€119,578▲ 233%
2024 · €35,891
Working capital
€147,224▲ 454%
2024 · €26,554
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€165,388
▲ 232% 2025
20242025
Net result
€119,578
▲ 233% 2025
highest quarter of the sector
20242025
Equity
€160,469
▲ 292% 2025
middle half of the sector
20242025
Total assets
€289,564
▲ 113% 2025
middle half of the sector
20242025
Debt
€129,095
▲ 35.7% 2025
20242025
Working capital
€147,224
▲ 454% 2025
middle half of the sector
20242025
Solvency
55.4%
▲ 25.4pp 2025
middle half of the sector
20242025
Current ratio
3.76
▲ 2.34 2025
highest quarter of the sector
20242025
Return on assets (ROA)
41.3%
▲ 14.9pp 2025
highest quarter of the sector
20242025
Staff (FTE)
0.2
= 2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€49,793-€165,388▲ 232%
Net result€35,891within the sector's middle half-€119,578above the sector's middle half▲ 233%
Equity€40,891below the sector's middle half-€160,469within the sector's middle half▲ 292%
Total assets€136,031below the sector's middle half-€289,564within the sector's middle half▲ 113%
Debt€95,140-€129,095▲ 35.7%
Working capital€26,554within the sector's middle half-€147,224within the sector's middle half▲ 454%
Solvency30.1%within the sector's middle half-55.4%within the sector's middle half▲ 25.4pp
Current ratio1.43within the sector's middle half-3.76above the sector's middle half▲ 2.34
Return on assets (ROA)26.4%above the sector's middle half-41.3%above the sector's middle half▲ 14.9pp
Staff (FTE)0.2below the sector's middle half-0.2below the sector's middle half=
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is over 3.3 times that of 2024.

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

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289,564
Fixed assets €89,073 ▲ 88.6%
Current assets €200,491 ▲ 126%
Equity and liabilities €289,564
Equity €160,469 ▲ 292%
Debt €129,095 ▲ 35.7%
Debt's share of the balance-sheet total falls from 69.9% to 44.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€167,520▲
2024 · €54,590
Cash flow
€121,711▲
2024 · €40,688
Debt to equity
0.80▼
2024 · 2.33
ROE
74.5%▼
2024 · 87.8%
Interest coverage
60.60▼
2024 · 90.87
Debt ≤ 1 year
€53,266▼
2024 · €62,248
Debt > 1 year
€69,748▲
2024 · €31,092
Income taxes
€43,045▲
2024 · €13,302
Staff costs
€3,586▼
2024 · €5,775
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-06-202430-06-2025
Employees at the balance-sheet date1-
full-time1-
in full-time equivalents1-
Average over the year, in full-time equivalents0.20.2
On a permanent contract1-
Joined10
Left01

Source: social balance sheet in the 2024 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202430-06-2025
Tangible fixed assets€49,025-
Financial fixed assets€3,000€80,000
Depreciation and write-downs of the year€4,797€2,133

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€136,031€289,564▲
Fixed assets21/28€47,228€89,073▲
Tangible fixed assets22/27€44,228€6,073▼
Plant, machinery and equipment23€905€704▼
Furniture and vehicles24€43,323€5,369▼
Financial fixed assets28€3,000€83,000▲
Current assets29/58€88,802€200,491▲
Amounts receivable within one year40/41€36,331€140,992▲
Trade receivables40€36,331€47,901▲
Other amounts receivable41-€93,091
Cash at bank and in hand54/58€49,350€57,981▲
Deferred charges and accrued income490/1€3,122€1,518▼
Equity and liabilities
Total equity and liabilities10/49€136,031€289,564▲
Equity10/15€40,891€160,469▲
Contributions10/11€5,000€5,000=
Reserves13€35,891€155,469▲
Distributable reserves133€35,891€155,469▲
Amounts payable17/49€95,140€129,095▲
Amounts payable after more than one year17€31,092€69,748▲
Financial debts170/4€31,092€69,748▲
Amounts payable within one year42/48€62,248€53,266▼
Current portion of amounts payable after more than one year42€10,822€22,175▲
Financial debts43-€22,674
Credit institutions430/8-€22,674
Trade debts44€18,697€733▼
Suppliers440/4€18,697€733▼
Taxes, remuneration and social security45€27,899€7,683▼
Taxes450/3€22,680€7,683▼
Remuneration and social security454/9€5,219-
Other amounts payable47/48€4,831-
Accrued charges and deferred income492/3€1,800€6,081▲
Income statement Code20242025
Non-recurring operating income76A-€132,107
Remuneration, social security and pensions62€5,775€3,586▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,797€2,133▼
Other operating charges640/8€688€696▲
Non-recurring operating charges66A-€8,522
Gross operating margin9900€61,054€180,324▲
Operating profit (loss)9901€49,793€165,388▲
Financial charges65/66B€601€2,764▲
Recurring financial charges65€601€2,764▲
Profit (loss) for the period before taxes9903€49,192€162,623▲
Income taxes67/77€13,302€43,045▲
Profit (loss) for the period9904€35,891€119,578▲
Profit (loss) for the period to be appropriated9905€35,891€119,578▲
Appropriation of the result
Profit (loss) to be appropriated9906€35,891€119,578▲
Transfer to equity691/2€35,891€119,578▲
To other reserves6921€35,891€119,578▲
Social balance sheet
Average headcount (FTE)90870.20.2=

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 16-02-2026.

Line20242025Change
Non-recurring operating income76A-€132,107-
Remuneration, social security and pensions62€5,775€3,586▼ 37.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,797€2,133▼ 55.5%
Other operating charges640/8€688€696▲ 1.1%
Non-recurring operating charges66A-€8,522-
Gross operating margin9900€61,054€180,324▲ 195%
Operating profit (loss)9901€49,793€165,388▲ 232%
Financial charges65/66B€601€2,764▲ 360%
Recurring financial charges65€601€2,764▲ 360%
Profit (loss) for the period before taxes9903€49,192€162,623▲ 231%
Income taxes67/77€13,302€43,045▲ 224%
Profit (loss) for the period9904€35,891€119,578▲ 233%
Profit (loss) for the period to be appropriated9905€35,891€119,578▲ 233%
Line20242025Change
Assets
Total assets20/58€136,031€289,564▲ 113%
Fixed assets21/28€47,228€89,073▲ 88.6%
Tangible fixed assets22/27€44,228€6,073▼ 86.3%
Plant, machinery and equipment23€905€704▼ 22.2%
Furniture and vehicles24€43,323€5,369▼ 87.6%
Financial fixed assets28€3,000€83,000▲ 28×
Current assets29/58€88,802€200,491▲ 126%
Amounts receivable within one year40/41€36,331€140,992▲ 288%
Trade receivables40€36,331€47,901▲ 31.8%
Other amounts receivable41-€93,091-
Cash at bank and in hand54/58€49,350€57,981▲ 17.5%
Deferred charges and accrued income490/1€3,122€1,518▼ 51.4%
Equity and liabilities
Total equity and liabilities10/49€136,031€289,564▲ 113%
Equity10/15€40,891€160,469▲ 292%
Contributions10/11€5,000€5,000=
Reserves13€35,891€155,469▲ 333%
Distributable reserves133€35,891€155,469▲ 333%
Amounts payable17/49€95,140€129,095▲ 35.7%
Amounts payable after more than one year17€31,092€69,748▲ 124%
Financial debts170/4€31,092€69,748▲ 124%
Amounts payable within one year42/48€62,248€53,266▼ 14.4%
Current portion of amounts payable after more than one year42€10,822€22,175▲ 105%
Financial debts43-€22,674-
Credit institutions430/8-€22,674-
Trade debts44€18,697€733▼ 96.1%
Suppliers440/4€18,697€733▼ 96.1%
Taxes, remuneration and social security45€27,899€7,683▼ 72.5%
Taxes450/3€22,680€7,683▼ 66.1%
Remuneration and social security454/9€5,219--
Other amounts payable47/48€4,831--
Accrued charges and deferred income492/3€1,800€6,081▲ 238%
Line20242025Change
Profit (loss) for the period9904€35,891€119,578▲ 233%
+ Depreciation and write-downs630€4,797€2,133▼ 55.5%
Operating cash flow (approximation)€40,688€121,711▲ 199%
Investment in fixed assets (approximation)--€43,978-
Change in cash-€8,631-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as Devos-Architects has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.3% stopped otherwise
1.8% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

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

Test of the method

The method was tested on the 497,446 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 39,278 companies, not a prediction for Devos-Architects. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
30-06-2025 abbreviated format 16-02-2026 2026-00040265 PDF
30-06-2024 abbreviated format 06-01-2025 2025-00000555 PDF

Board & ownership

Directors

Directors
1 director, no change since 2023
DEVOS Willem Jan Marc
Statutory director · appointed in the act of 11-10-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 16-02-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“- de heer Willem DEVOS, gedomicilieerd te 8500 Kortrijk, Condédreef 89/0012. De duur van dit mandaat is onbepaald, behoudens andersluidende…”
deed of 11-10-2023

Owners and capital

Shareholders

At incorporation act of 11-10-2023 ↗

Capital transactions

Capital over time
  1. 11-10-2023 Incorporation · €5,000 · 100 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“1, gerechtigd beroep van architect uit te oefenen en ingeschreven op één van de tabellen van de Orde van Architecten”
“Herroepbaar ad nutum bij besluit van de algemene vergadering, onbepaalde duur”
“Overlijden enige bestuurder waardoor vennootschap niet meer geldig vertegenwoordigd, tijdelijke vervanging van aandeelhouder-architect door…”
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“100, gelijk recht in de winstverdeling”

Articles of association, deed of 11-10-2023 (in Dutch)

Network & group

Holdings and subsidiaries

2 holdings

Holdings 2

Source for every holding own accounts 30-06-2025

  • Equity -€29,544 Loss of €34,544 in 2025 Checked score 53
    60%
  • Equity -€72,584 Loss of €154,142 in 2025 (profit of €64,697 in 2024) Checked score 46
    10%

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-01-2027
2026
16-02
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 16 days late
2025
30-06
Financial Liquidity more than doubledcurrent ratio 3.76
The current ratio rises from 1.43 to 3.76. Short-term debt falls from €62,248 to €53,266.
30-06
Financial Equity above €150,000equity €160,469 ▲292%
With a profit in every financial year since 2024, equity grows to €160,469.
06-01
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 25 days before the deadline
2023
11-10
Gazette deed Incorporation
Starting capital €5,000 · Appointment: DEVOS Willem Jan Marc (statutory director) · Founder6 points ▸
  • Incorporation, “DEVOS-ARCHITECTS” (deed in Dutch)
  • Founder, DEVOS Willem Jan Marc
  • Founding capital, €5,000
  • Other provision, “bevestiging deponering en beschikking over inbrengen”, EUR (deed in Dutch)
  • Director appointment, DEVOS Willem Jan Marc (statutory director)
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten sinds 2023-09-01 in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)

Open the act in the Belgian Official Gazette

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

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

History

On 9 October 2023, Devos-Architects was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 DEVOS Willem Jan Marc is statutory director of the company, appointed in the act of 11-10-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-10-2023
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name Devos-Architects in Dutch
Abbreviation DVA in Dutch
Enterprise number 1000.974.672
Legal form Private limited company
Status Active, normale toestand
Founded 09-10-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-10-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, Condédreef 81,8500 Kortrijk”
deed of 11-10-2023 (in Dutch)

Registered office and establishments

Registered office Condédreef(Kor) 81, 8500 Kortrijk, Belgium
Establishment unit Devos-Architects, Condédreef(Kor) 81, 8500 Kortrijk since 09-10-2023 · unit number 2.350.749.567

Activities

NACEBEL 2025
71111 Activities of building architects main activity
Codes under NACEBEL 2008
71111 Architectural and engineering activities; technical testing and analysis main activity
Joint committee 336 Paritair Comité voor de vrije beroepen annual accounts 30-06-2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verlenen van diensten die behoren tot de uitoefening van het beroep van architect alsook aanverwante en niet onverenigbare activiteiten”
deed of 11-10-2023 (in Dutch)

Invoicing and payment

VAT number BE 1000.974.672
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1000974672
Other Peppol ID 9925:BE1000974672
Registered 10-11-2023

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of December at 10:00
deed of 11-10-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,808 m²
Building footprint
296 m²
Building volume
1,684 m³
Cadastral parcel Region Area Buildings Height / floors
34022E0198/00M002 Flanders 1,808 m² 1 · 296 m² 10.6 m · 2