DEVOS ENGINEERING
ActiveSummary
DEVOS ENGINEERING has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €328,108 and a net result of €138,797. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 41% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+9
Solvency64▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.85 in 2024; short-term debt: 61.4% and cash: 13% of total assets), but 61.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
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
38.6%
Return on assets
16.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
17 d late
2023
7 d early
2022
27 d early
2021
33 d early
2020
37 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
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. Usually files around 15 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€328,108▲ 73.3%
2024 · €189,310
Total assets
€850,914▲ 107%
2024 · €412,050
Net result
€138,797▲ 169%
2024 · €51,599
Working capital
€328,108▲ 73.2%
2024 · €189,457
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€41,253▼ 17.5%€51,052▲ 23.8%€82,305▲ 61.2%€40,438▼ 50.9%€181,458▲ 349%
Net result€28,104within the sector's middle half▼ 20.8%€33,174within the sector's middle half▲ 18.0%€58,030above the sector's middle half▲ 74.9%€51,599above the sector's middle half▼ 11.1%€138,797above the sector's middle half▲ 169%
Equity€86,507within the sector's middle half▲ 26.5%€99,682within the sector's middle half▲ 15.2%€137,712within the sector's middle half▲ 38.2%€189,310above the sector's middle half▲ 37.5%€328,108within the sector's middle half▲ 73.3%
Total assets€272,260within the sector's middle half▲ 26.7%€507,635above the sector's middle half▲ 86.5%€253,330within the sector's middle half▼ 50.1%€412,050above the sector's middle half▲ 62.7%€850,914within the sector's middle half▲ 107%
Debt€185,753▲ 26.8%€407,953▲ 120%€115,618▼ 71.7%€222,739▲ 92.7%€522,806▲ 135%
Working capital€117,013above the sector's middle half▲ 37.3%€303,038above the sector's middle half▲ 159%€137,662above the sector's middle half▼ 54.6%€189,457above the sector's middle half▲ 37.6%€328,108within the sector's middle half▲ 73.2%
Solvency31.8%within the sector's middle half▼ 0.1pp19.6%below the sector's middle half▼ 12.1pp54.4%within the sector's middle half▲ 34.7pp45.9%within the sector's middle half▼ 8.4pp38.6%within the sector's middle half▼ 7.4pp
Current ratio1.75within the sector's middle half▲ 0.102.48within the sector's middle half▲ 0.732.19within the sector's middle half▼ 0.291.85within the sector's middle half▼ 0.341.63within the sector's middle half▼ 0.22
Return on assets (ROA)10.3%within the sector's middle half▼ 6.2pp6.5%within the sector's middle half▼ 3.8pp22.9%within the sector's middle half▲ 16.4pp12.5%within the sector's middle half▼ 10.4pp16.3%within the sector's middle half▲ 3.8pp
Staff (FTE)3=1.40below the sector's middle half▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
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 recovers in 2025; 2025 is 349% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €850,914
Equity
€328,108 ▲ 73.3%
Debt
€522,806 ▲ 135%
Debt's share of the balance-sheet total rises from 54.1% to 61.4%. Equity and debt are higher.
Key figures and ratios
Debt to equity
1.59▲
2024 · 1.18
ROE
42.3%▲
2024 · 27.3%
Debt ≤ 1 year
€522,806▲
2024 · €222,543
Income taxes
€46,743▲
2024 · -€11,064
Staff costs
-€4,209▼
2024 · €82,024
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 20,129 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €191,395 | €196,642 | €176,156 | €82,024 | -€4,209 | ▼ 105% |
| Other operating charges640/8 | €204 | €206 | €312 | €152 | €88 | ▼ 42.3% |
| Gross operating margin9900 | €232,852 | €247,900 | €258,773 | €122,615 | €177,337 | ▲ 44.6% |
| Operating profit (loss)9901 | €41,253 | €51,052 | €82,305 | €40,438 | €181,458 | ▲ 349% |
| Financial income75/76B | €6 | €0 | €325 | €1,365 | €4,454 | ▲ 226% |
| Recurring financial income75 | €6 | €0 | €325 | €1,365 | €4,454 | ▲ 226% |
| Financial charges65/66B | €997 | €740 | €586 | €1,269 | €372 | ▼ 70.7% |
| Recurring financial charges65 | €997 | €740 | €586 | €1,269 | €372 | ▼ 70.7% |
| Profit (loss) for the period before taxes9903 | €40,262 | €50,313 | €82,044 | €40,535 | €185,540 | ▲ 358% |
| Income taxes67/77 | €12,157 | €17,138 | €24,014 | -€11,064 | €46,743 | ▲ 522% |
| Profit (loss) for the period9904 | €28,104 | €33,174 | €58,030 | €51,599 | €138,797 | ▲ 169% |
| Profit (loss) for the period to be appropriated9905 | €28,104 | €33,174 | €58,030 | €51,599 | €138,797 | ▲ 169% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €272,260 | €507,635 | €253,330 | €412,050 | €850,914 | ▲ 107% |
| Fixed assets21/28 | €50 | €50 | €50 | €50 | €0 | ▼ 100% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €0 | ▼ 100% |
| Current assets29/58 | €272,210 | €507,585 | €253,280 | €412,000 | €850,914 | ▲ 107% |
| Amounts receivable within one year40/41 | €92,570 | €278,872 | €19,790 | €23,574 | €639,987 | ▲ 2,615% |
| Trade receivables40 | €83,805 | €278,872 | €9,528 | €14,277 | €596,110 | ▲ 4,075% |
| Other amounts receivable41 | €8,765 | - | €10,261 | €9,297 | €43,877 | ▲ 372% |
| Current investments50/53 | - | - | - | - | €100,000 | - |
| Cash at bank and in hand54/58 | €179,640 | €228,713 | €233,089 | €387,771 | €110,857 | ▼ 71.4% |
| Deferred charges and accrued income490/1 | - | - | €401 | €654 | €70 | ▼ 89.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €272,260 | €507,635 | €253,330 | €412,050 | €850,914 | ▲ 107% |
| Equity10/15 | €86,507 | €99,682 | €137,712 | €189,310 | €328,108 | ▲ 73.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | €18,600 | - | - | - |
| Other1109/19 | €18,600 | €18,600 | €18,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €66,047 | €79,222 | €117,252 | €168,850 | €307,648 | ▲ 82.2% |
| Amounts payable17/49 | €185,753 | €407,953 | €115,618 | €222,739 | €522,806 | ▲ 135% |
| Amounts payable within one year42/48 | €155,197 | €204,547 | €115,618 | €222,543 | €522,806 | ▲ 135% |
| Current portion of amounts payable after more than one year42 | - | - | €20,453 | €0 | - | - |
| Trade debts44 | €116,768 | €115,844 | €43,428 | €66,053 | €521,746 | ▲ 690% |
| Suppliers440/4 | €116,768 | €115,844 | €43,428 | €66,053 | €521,746 | ▲ 690% |
| Advances received on contracts in progress46 | - | - | - | €112,500 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €28,428 | €68,703 | €31,737 | €43,990 | €1,060 | ▼ 97.6% |
| Taxes450/3 | €2,642 | €45,435 | €9,606 | €43,990 | €1,060 | ▼ 97.6% |
| Remuneration and social security454/9 | €25,786 | €23,268 | €22,131 | €0 | - | - |
| Other amounts payable47/48 | €10,000 | €20,000 | €20,000 | €0 | - | - |
| Accrued charges and deferred income492/3 | €30,556 | €203,406 | - | €196 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,104 | €33,174 | €58,030 | €51,599 | €138,797 | ▲ 169% |
| Operating cash flow (approximation) | €28,104 | €33,174 | €58,030 | €51,599 | €138,797 | ▲ 169% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €50 | - |
| Change in cash | - | €49,073 | €4,376 | €154,682 | -€276,914 | ▼ 279% |
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
21-08
State Gazette act
RestructuringMerger · Declaration5 facts ▸
State Gazette act
Restructuring
Merger · Declaration5 facts ▸
- Merger, fusion par absorption, assemblée générale extraordinaire des actionnaires des sociétés concernées
- Other statement, motivation économique et financière de la fusion
- Declaration, absence d'actionnaires disposant de droits particuliers et de porteurs de titres autres que les actions
- Declaration, absence d'avantage spécial accordé aux membres des organes chargés de l'administration des sociétés à fusionner
- Declaration, déclarations fiscales
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €138,797 ▲169%
Operating result €181,458, net result €138,797, both a record.
31-12
Financial
Equity above €200,000Eq €328,108 ▲73.3%
8 profitable years in a row build equity to €328,108.
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
31-12
Financial
Equity above €150,000Eq €189,310 ▲37.5%
7 profitable years in a row build equity to €189,310.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €137,712 ▲38.2%
6 profitable years in a row build equity to €137,712.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet €8,465 ▼75.8%
Net result drops to €8,465, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jemeppe-sur-Sambre · 1 establishment unit since 2003
Ground area
6,115 m²
Building footprint
862 m²
Volume, LiDAR
6,767 m³
Parcel 92090A0123/00B010, Wallonia · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEVOS ENGINEERING
since 20032.134.117.487
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92090A0123/00B010 | Wallonia | 6,115 m² | 1 · 862 m² | 8.5 m · 3 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.
Articles of association
Purpose
À la conception, l'étude, l'expertise, l'exécution, le dépannage, la surveillance, la représentation et/ou la commercialisation en première installation ou en transformation, et…
Full purpose (7 activities)
- À la conception, l'étude, l'expertise, l'exécution, le dépannage, la surveillance, la représentation et/ou la commercialisation en première installation ou en transformation, et l'adaptation d' équipements industriels, artisanaux ou domestiques, publics ou privés, pour les institutions de santé, hôpitaux, cliniques, universités, et dans les secteurs de l'énergie et du traitement des déchets, etcaetera
- Aux services immobiliers tels que gérance, syndic, services administratifs, bureau d'études suivi de travaux ainsi que l'achat, la vente, la location de tout immeuble
- Au service de nettoyage immobilier et d'entretiens courants
- Aux services administratifs tels que rédaction de rapports, prestations de services de secrétariat, mise en page de documents, publicités, démarches administratives pour le compte de tiers, etcetera
- D'une façon générale, la société pourra faire tous actes, transactions ou opérations commerciales, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet social ou qui seront de nature à en faciliter ou développer la réalisation
- Elle pourra réaliser son objet social, soit par action directe, soit en prenant des intérêts dans des entreprises, des sociétés, en tout ou en partie, similaires ou connexes
- La société peut être administrateur ou liquidateur
Accounting effect
01-07-2026
Other statement
One provision in the deed
Structure & network
Owners and holdings
1 ownerChain of control
- APILEC
- DEVOS ENGINEERING
Highest known parent: APILEC. The sources do not say who stands above it.
Owners 1
- APILECparent100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of DEVOS ENGINEERING and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:APILEC
Recognitions · licences · registrations
Recognised contractor
5 categoriesDEVOS ENGINEERING SRL29237
Similar companies · same sector, comparable size
DE LAERE GROUP
BE 0649.818.341
Gent · Eq €327,969
Jean-François MEYS
BE 0819.214.290
Jalhay · Eq €328,378
GESTENTEC
BE 0842.563.972
Ferrières · Eq €328,465
BCL Consultancy
BE 0462.777.694
Chaudfontaine · Eq €328,500
CYS CONSULT & TRADING
BE 0807.078.107
Izegem · Eq €329,053
Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 4,811 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
Founded26-06-2003
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
info@devos-engineering.beJemeppe-sur-Sambre
E-mail
secretariat@devos-engineering.beJemeppe-sur-Sambre
Phone
+3271788486Jemeppe-sur-Sambre
Phone
02/520.08.62Jemeppe-sur-Sambre
Fax
02/520.55.47Jemeppe-sur-Sambre
E-invoicing
Reachable via Peppol
Peppol ID
0208:0860013876
Also
9925:BE0860013876
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.