DEVOS Enterprises
ActiveSummary
DEVOS Enterprises has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €424,247. Equity remains stable across the filed financial years (±0.3% per year). Its solvency ranks better than 79% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, abbreviated format
Equity
€1.0m▲ 58.0%
2024 · €652,411
Total assets
€1.2m▼ 0.9%
2024 · €1.3m
Net result
€424,247▲ 22×
2024 · €18,933
Working capital
-€152,334▲ 71.3%
2024 · -€530,126
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 68% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.05m
2025
Net result€0.4m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.2m
2025
Equity€1.0m
2025
Debt€0.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)34.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency82.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.28
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.005m--€0.005m▼ 5.8%-€0.005m▲ 2.5%-€0.005m▼ 3.3%€0.03m€0.03m▲ 13.3%€0.05m▲ 68.3%
Net result-€0.01m--€0.01mbelow the sector's middle half▲ 3.2%-€0.01mbelow the sector's middle half▼ 4.8%-€0.01mbelow the sector's middle half▼ 8.7%€0.02mwithin the sector's middle half€0.02mwithin the sector's middle half▲ 16.4%€0.4mabove the sector's middle half▲ 22×
Equity€0.7m-€0.6mwithin the sector's middle half▼ 2.0%€0.6mwithin the sector's middle half▼ 2.1%€0.6mwithin the sector's middle half▼ 2.3%€0.6mwithin the sector's middle half▲ 2.6%€0.7mwithin the sector's middle half▲ 3.0%€1.0mwithin the sector's middle half▲ 58.0%
Total assets€1.2m-€1.2mwithin the sector's middle half=€1.2mwithin the sector's middle half=€1.2mwithin the sector's middle half=€1.2mwithin the sector's middle half▲ 3.7%€1.3mwithin the sector's middle half▲ 2.6%€1.2mwithin the sector's middle half▼ 0.9%
Debt€0.5m-€0.5m▲ 2.4%€0.5m▲ 2.5%€0.6m▲ 2.7%€0.6m▲ 5.0%€0.6m▲ 2.2%€0.2m▼ 64.7%
Working capital-€0.5m--€0.5mbelow the sector's middle half▼ 2.5%-€0.5mbelow the sector's middle half▼ 2.5%-€0.6mbelow the sector's middle half▼ 2.7%-€0.5mbelow the sector's middle half▲ 2.7%-€0.5mbelow the sector's middle half▲ 2.7%-€0.2mbelow the sector's middle half▲ 71.3%
Solvency55.9%-54.8%within the sector's middle half▼ 1.1pp53.7%within the sector's middle half▼ 1.1pp52.4%within the sector's middle half▼ 1.3pp51.8%within the sector's middle half▼ 0.6pp52.0%within the sector's middle half▲ 0.2pp82.9%above the sector's middle half▲ 30.9pp
Current ratio0.00-0.00below the sector's middle half=0.00below the sector's middle half=0.00below the sector's middle half=0.07below the sector's middle half▲ 0.070.12below the sector's middle half▲ 0.040.28below the sector's middle half▲ 0.16
Return on assets (ROA)-1.1%--1.1%below the sector's middle half=-1.1%below the sector's middle half▼ 0.1pp-1.2%below the sector's middle half▼ 0.1pp1.3%within the sector's middle half▲ 2.6pp1.5%within the sector's middle half▲ 0.2pp34.1%above the sector's middle half▲ 32.6pp
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.2m =
Current assets
€59,576 ▼ 16.1%
Equity and liabilities €1.2m
Equity
€1.0m ▲ 58.0%
Debt
€211,909 ▼ 64.7%
Debt's share of the balance-sheet total falls from 48.0% to 17.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53,659▲
2024 · €31,533
Cash flow
€426,152▲
2024 · €19,719
Debt to equity
0.21▼
2024 · 0.92
ROE
41.2%▲
2024 · 2.9%
Interest coverage
0.76▼
2024 · 2.67
Debt ≤ 1 year
€211,909▼
2024 · €601,158
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €53 | €786 | €1,905 | ▲ 142% |
| Other operating charges640/8 | - | - | €1,061 | €990 | €382 | €1,212 | €144 | ▼ 88.1% |
| Gross operating margin9900 | -€3,436 | -€3,736 | -€3,615 | -€3,843 | €27,584 | €32,746 | €53,803 | ▲ 64.3% |
| Operating profit (loss)9901 | -€4,531 | -€4,796 | -€4,677 | -€4,833 | €27,149 | €30,748 | €51,754 | ▲ 68.3% |
| Financial income75/76B | - | - | - | - | - | - | €442,657 | - |
| Recurring financial income75 | - | - | - | - | - | - | €442,657 | - |
| Financial charges65/66B | - | - | €8,807 | €9,818 | €10,889 | €11,815 | €70,164 | ▲ 494% |
| Recurring financial charges65 | €8,757 | €8,067 | €8,807 | €9,818 | €10,889 | €11,815 | €70,164 | ▲ 494% |
| Profit (loss) for the period before taxes9903 | -€13,288 | -€12,862 | -€13,483 | -€14,651 | €16,260 | €18,933 | €424,247 | ▲ 22× |
| Profit (loss) for the period9904 | -€13,288 | -€12,862 | -€13,483 | -€14,651 | €16,260 | €18,933 | €424,247 | ▲ 22× |
| Profit (loss) for the period to be appropriated9905 | -€13,288 | -€12,862 | -€13,483 | -€14,651 | €16,260 | €18,933 | €424,247 | ▲ 22× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.3m | €1.2m | ▼ 0.9% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Tangible fixed assets22/27 | - | - | - | - | €0.001m | €0.005m | €0.005m | ▲ 8.3% |
| Plant, machinery and equipment23 | - | - | - | - | €0.001m | €0.001m | €0.001m | ▼ 26.7% |
| Furniture and vehicles24 | - | - | - | - | - | €0.004m | €0.005m | ▲ 14.6% |
| Financial fixed assets28 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Current assets29/58 | €377 | €224 | €117 | €380 | €0.04m | €0.07m | €0.06m | ▼ 16.1% |
| Amounts receivable within one year40/41 | - | - | - | - | €0.01m | €0.04m | €0.03m | ▼ 11.4% |
| Trade receivables40 | - | - | - | - | €0.01m | €0.02m | €0.03m | ▲ 19.2% |
| Other amounts receivable41 | - | - | - | - | €0.002m | €0.02m | €0.007m | ▼ 55.0% |
| Cash at bank and in hand54/58 | €377 | €224 | €117 | €380 | €0.03m | €0.03m | €0.03m | ▼ 21.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €130 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.3m | €1.2m | ▼ 0.9% |
| Equity10/15 | €0.7m | €0.6m | €0.6m | €0.6m | €0.6m | €0.7m | €1.0m | ▲ 58.0% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Issued capital100 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.8m | ▲ 91.7% |
| Amounts payable17/49 | €0.5m | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | €0.2m | ▼ 64.7% |
| Amounts payable within one year42/48 | €0.5m | €0.5m | €0.5m | €0.6m | €0.6m | €0.6m | €0.2m | ▼ 64.7% |
| Trade debts44 | - | €0.001m | €0.001m | - | €161 | €0.001m | - | - |
| Suppliers440/4 | - | - | €0.001m | - | €161 | €0.001m | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €0.004m | €0.005m | €0.007m | ▲ 45.7% |
| Taxes450/3 | - | - | - | - | €0.004m | €0.005m | €0.007m | ▲ 45.7% |
| Other amounts payable47/48 | - | - | €0.5m | €0.6m | €0.6m | €0.6m | €0.2m | ▼ 65.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,288 | -€12,862 | -€13,483 | -€14,651 | €16,260 | €18,933 | €424,247 | ▲ 22× |
| + Depreciation and write-downs630 | - | - | - | - | €53 | €786 | €1,905 | ▲ 142% |
| Operating cash flow (approximation) | -€13,288 | -€12,862 | -€13,483 | -€14,651 | €16,313 | €19,719 | €426,152 | ▲ 22× |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1,023 | -€4,845 | -€2,324 | ▲ 52.0% |
| Change in cash | - | -€154 | -€107 | €263 | €30,805 | €1,982 | -€7,272 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 27-04-2026 | 2026-00088015 |
| 30-09-2024 | abbreviated format | 25-04-2025 | 2025-00075800 |
| 30-09-2023 | abbreviated format | 23-04-2024 | 2024-00066711 |
| 30-09-2022 | abbreviated format | 11-04-2023 | 2023-00056564 |
| 30-09-2021 | abbreviated format | 20-04-2022 | 2022-20004840 |
| 30-09-2020 | abbreviated format | 22-04-2021 | 2021-10900222 |
| 30-09-2019 | abbreviated format | 30-04-2020 | 2020-10700589 |
| 30-09-2018 | abbreviated format | 26-03-2019 | 2019-08000424 |
| 30-09-2017 | abbreviated format | 08-05-2018 | 2018-12400388 |
| 30-09-2016 | abbreviated format | 07-06-2017 | 2017-17200282 |
Similar companies · same sector, comparable size
T & C
BE 0877.060.637
Hamme (Vl.) · equity €1,030,637
CREOLO CHOCOLATES
BE 0451.101.171
Middelkerke · equity €1,030,638
ALLCON
BE 0833.378.468
Beringen · equity €1,030,596
JOSIMA CONSULT
BE 0472.363.373
Zonhoven · equity €1,030,661
THE CONCORD GROUP
BE 0471.235.896
Leuven · equity €1,030,575
Of the 82,449 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,257. 27,765 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €838 awarded · €838 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €227 | €227 |
| 2024 | 1 | €216 | €216 |
| 2023 | 1 | €395 | €395 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.