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 2227 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €328,108
- Profit
- €138,797
- Parent
- APILEC · 100%
Why 90- 1 change of registered office in 24 months+ Size: total assets €850,914+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)+ Figures for FY 2025 (filed 15-07-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- 1 change of registered office in 24 months raises the probability
- Size: total assets €850,914 lowers the probability for this profile
- Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
- Figures for FY 2025 (filed 15-07-2026) lowers the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, micro). Better than this share of them on solvency 37%, liquidity 15%, profitability 46%, growth against the median 87%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
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 34% of the sector filed late.
Checked, nothing found (2)
- RestructuringMerger · Declaration
- Annual accounts filedfiscal year 2025 · abbreviated…
- Highest result since 2018net €138,797 ▲169%
Financials · fiscal year 2025, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 20,134 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
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 497,366 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 20,134 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.
| 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.
Similar companies · same sector, comparable size
Directors
Owners and capital
Owners
1 ownerChain of control
- APILEC
- DEVOS ENGINEERING
Highest known parent: APILEC. The sources do not say who stands above it.
Owners 1
- APILECparent100%
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.
Group and network
Connections & network
No directors read yet: 1 of 3 Gazette acts processed.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
21-08
State Gazette act
RestructuringMerger · 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
Show earlier events
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.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 2 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Recognised contractor
5 categoriesSites & property
1 establishment unit
1 parcel
| 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
Articles of association
- PurposeThe activities the company may carry out under its articles.
- 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…
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
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Accounting effect: 01-07-20261 more provision in the deed, see the deed of 21-08-2026
Read from the deeds: 3 provisions, deed of 21-08-2026