DEVOS FRANK
ActiveSummary
DEVOS FRANK has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75,233 and a net result of €10,572. Equity has been stable since 2019 (±0.1% per year). Its solvency ranks better than 86% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-12-2007 Normal situation
- Activity
- Plumbing work NACE 43221and 1 other
- Establishment unit
- 2.167.456.684 7021 Mons, since 05-12-2007
- Financial year end
- 30 June
- Peppol
- Reachable since 23-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €71,951
- ▲ 0.2%
- Turnover
- ≈ €290,000
- estimated
- Profit
- €10,572
- ▼ 28.0%
- Equity
- €75,233
- ▲ 16.3%
- Total assets
- €93,493
- ▲ 10.3%
- Employees on 30-06-2025
- 1
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 5.06, cash €45,311Equity €75,233 (80.5% of total assets)Founded in 2007Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 90% of them on solvency, 91% on liquidity, 65% on profitability and 64% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 12-01-2026 PDF all 18 filings
Every figure per financial year
The operating result for 2025 is 11% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 |
| part-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 0.8 | 0.8 | 0.8 | 0.8 |
| Average over the year, in full-time equivalents | 0.8 | 0.8 | 0.8 | 0.8 |
| On a permanent contract | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €52 | - |
| Remuneration, social security and pensions62 | - | - | - | €36,287 | €40,455 | €42,894 | €47,242 | ▲ 10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,401 | €7,369 | €10,237 | €15,804 | €15,426 | €10,422 | €7,012 | ▼ 32.7% |
| Other operating charges640/8 | - | - | - | €1,474 | €1,539 | €1,779 | €1,607 | ▼ 9.7% |
| Non-recurring operating charges66A | - | - | - | €62 | €7 | - | €1,270 | - |
| Gross operating margin9900 | €45,488 | €50,108 | €33,423 | €67,579 | €37,924 | €71,813 | €71,951 | ▲ 0.2% |
| Operating profit (loss)9901 | €1,993 | €7,165 | -€11,075 | €13,952 | -€19,502 | €16,719 | €14,820 | ▼ 11.4% |
| Financial income75/76B | - | - | - | €1,230 | €1,106 | €1,492 | €1,633 | ▲ 9.4% |
| Recurring financial income75 | €1,871 | €1,254 | €876 | €1,230 | €1,106 | €1,492 | €1,633 | ▲ 9.4% |
| Financial charges65/66B | - | - | - | €464 | €426 | €294 | €244 | ▼ 17.1% |
| Recurring financial charges65 | €484 | €254 | €307 | €464 | €426 | €294 | €244 | ▼ 17.1% |
| Profit (loss) for the period before taxes9903 | €3,380 | €8,165 | -€10,505 | €14,718 | -€18,822 | €17,918 | €16,209 | ▼ 9.5% |
| Income taxes67/77 | - | -€365 | €3,621 | €2,752 | €74 | €3,228 | €5,637 | ▲ 74.7% |
| Profit (loss) for the period9904 | €3,380 | €8,530 | -€14,126 | €11,966 | -€18,896 | €14,690 | €10,572 | ▼ 28.0% |
| Profit (loss) for the period to be appropriated9905 | €3,380 | €8,530 | €1,633 | €11,966 | -€18,896 | €14,690 | €10,572 | ▼ 28.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €105,872 | €105,943 | €109,988 | €111,292 | €86,349 | €84,779 | €93,493 | ▲ 10.3% |
| Fixed assets21/28 | €27,228 | €20,222 | €49,700 | €33,896 | €18,470 | €8,048 | €1,036 | ▼ 87.1% |
| Tangible fixed assets22/27 | €27,178 | €20,172 | €49,650 | €33,846 | €18,420 | €7,998 | €986 | ▼ 87.7% |
| Plant, machinery and equipment23 | - | - | - | €985 | €581 | €178 | - | - |
| Furniture and vehicles24 | - | - | - | €32,861 | €17,838 | €7,820 | €986 | ▼ 87.4% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €78,644 | €85,721 | €60,289 | €77,396 | €67,879 | €76,731 | €92,457 | ▲ 20.5% |
| Amounts receivable within one year40/41 | €17,035 | €11,231 | €19,163 | €33,523 | €45,769 | €48,530 | €47,135 | ▼ 2.9% |
| Trade receivables40 | - | - | - | €1,941 | €1,405 | €13,068 | €2,730 | ▼ 79.1% |
| Other amounts receivable41 | - | - | - | €31,582 | €44,364 | €35,462 | €44,405 | ▲ 25.2% |
| Cash at bank and in hand54/58 | €52,550 | €61,847 | €38,856 | €43,495 | €21,612 | €28,148 | €45,311 | ▲ 61.0% |
| Deferred charges and accrued income490/1 | - | - | - | €377 | €499 | €53 | €11 | ▼ 80.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €105,872 | €105,943 | €109,988 | €111,292 | €86,349 | €84,779 | €93,493 | ▲ 10.3% |
| Equity10/15 | €74,897 | €83,427 | €69,300 | €81,266 | €62,370 | €64,662 | €75,233 | ▲ 16.3% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €65,317 | €71,317 | €55,558 | €67,524 | €56,170 | €58,462 | €69,033 | ▲ 18.1% |
| Non-distributable reserves130/1 | - | - | - | €620 | €620 | €620 | €620 | = |
| Reserves not available under the articles1311 | - | - | - | €620 | €620 | €620 | €620 | = |
| Distributable reserves133 | - | - | - | €66,904 | €55,550 | €57,842 | €68,413 | ▲ 18.3% |
| Profit (loss) carried forward14 | €3,380 | €5,910 | €7,543 | €7,543 | - | - | - | - |
| Amounts payable17/49 | €30,974 | €22,516 | €40,688 | €30,025 | €23,978 | €20,117 | €18,260 | ▼ 9.2% |
| Amounts payable after more than one year17 | €13,372 | €9,257 | €24,203 | €15,006 | €8,895 | €3,812 | - | - |
| Financial debts170/4 | - | - | - | €15,006 | €8,895 | €3,812 | - | - |
| Amounts payable within one year42/48 | €17,603 | €13,259 | €16,485 | €15,019 | €15,084 | €16,305 | €18,260 | ▲ 12.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,197 | €6,111 | €5,083 | €3,812 | ▼ 25.0% |
| Trade debts44 | €6,237 | €2,870 | €1,102 | €1,755 | €2,771 | €1,212 | €1,902 | ▲ 56.9% |
| Suppliers440/4 | - | - | - | €1,755 | €2,771 | €1,212 | €1,902 | ▲ 56.9% |
| Taxes, remuneration and social security45 | - | - | - | €4,067 | €6,202 | €10,010 | €12,546 | ▲ 25.3% |
| Taxes450/3 | - | - | - | €2,296 | €3,824 | €7,475 | €9,888 | ▲ 32.3% |
| Remuneration and social security454/9 | - | - | - | €1,771 | €2,377 | €2,535 | €2,658 | ▲ 4.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,380 | €8,530 | -€14,126 | €11,966 | -€18,896 | €14,690 | €10,572 | ▼ 28.0% |
| + Depreciation and write-downs630 | €7,401 | €7,369 | €10,237 | €15,804 | €15,426 | €10,422 | €7,012 | ▼ 32.7% |
| Operating cash flow (approximation) | €10,781 | €15,899 | -€3,890 | €27,770 | -€3,470 | €25,112 | €17,584 | ▼ 30.0% |
| Investment in fixed assets (approximation) | - | -€363 | -€39,715 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €9,298 | -€22,992 | €4,640 | -€21,884 | €6,536 | €17,164 | ▲ 163% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as DEVOS FRANK has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of DEVOS FRANK itself: < 0.1% within 12 months.
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.
| 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 34,693 companies, not a prediction for DEVOS FRANK. 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.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 12-01-2026 | 2026-00005595 | |
| 30-06-2024 | micro format | 05-02-2025 | 2025-00028049 | |
| 30-06-2023 | micro format | 22-12-2023 | 2023-00534808 | |
| 30-06-2022 | micro format | 25-01-2023 | 2023-00003023 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-03300077 | |
| 30-06-2020 | micro format | 21-12-2020 | 2020-76400219 | |
| 30-06-2019 | micro format | 30-01-2020 | 2020-03000401 | |
| 30-06-2018 | micro format | 31-01-2019 | 2019-03400484 | |
| 30-06-2017 | full format | 03-01-2018 | 2018-00100491 | |
| 30-06-2016 | full format | 31-01-2017 | 2017-03300014 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| DEVOS Frank |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs,proportionnellement au nombre d’actions acquises, déduction faite des…”
Articles of association, deed of 22-11-2023 (in French)
Network & group
DEVOS FRANK shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DEVOS FRANK. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
22-11
Gazette deed
Change of role: DEVOS Frank, from manager to director4 points ▸
- General meeting, 30-10-2023
- Director resignation, DEVOS Frank (manager)
- Director appointment, DEVOS Frank (director (not named in the articles))
- Registered office clause, Rue Barbet 23, 7021 Havré
- The deed holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
10 activities
- Toute activité de pédicure médicale
- Tous travaux de maçonnerie,d'électricité,de plomberie,de menuiserie,de plafonnage,de vitrerie,de carrelage et de massique,d'étanchéité et de revêtement de constructions
- Toute installation et réparation de système de chauffage,de climatisation et de ventilation
- Tous travaux de terrassement,en ce compris la construction de fondations et de gros œuvre,fermé ou non
- L'installation et la maintenance de piscines privées
- Le commerce de quincaillerie,peintures et matériaux de constructions
- Le ramonage des cheminées et le nettoyage des âtres,des fourneaux,incinérateurs et autres chaudières
- Le nettoyage industriel
- Le commerce en gros ou en détail de matériel électrique à usage domestique,ainsi que les appareils d'éclairages
- Tous travaux de démolition,ainsi que toute activité en relation directe ou indirecte avec la construction ou la restauration de tous bâtiments
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0893.873.509
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53038B0763/00H000 | Wallonia | 1,491 m² | 1 · 300 m² | 7.1 m · 2 |