Devos Gerda
ActiveSummary
The computed 12-month bankruptcy probability of Devos Gerda is 1.6% (moderate). The 2024 annual accounts show negative equity (-€82,477) and a net result of €16,487. Equity remains stable across the filed fiscal years (±1.6% per year). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Activity not known
How big
€88,939total assets 2024
- Equity
- -€82,477
- Profit
- €16,487
Turnover not published (abridged schema)
Who decides
Accounts 35 d early0 of 2 deeds read
Why 44- No NACE activity registered- Annual accounts: weaker financial profile+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+14
Solvency0=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.14 in 2023; short-term debt: 159% and cash: 7.9% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-92.7%
Return on assets
18.5%
Age of the figures
21 mo
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
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
23 d early
2023
18 d early
2022
43 d late
2021
24 d late
2020
9 d late
2019
41 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 6 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 14 July (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €16,487 ▲398%
Financials
Fiscal year 2024Total assets €88,939Profit €16,487Solvency -92.7%Liquidity 0.14
Total assets
€88,939▲ 107%
2018 - 2024
Net result
€16,487▲ 398%
2018 - 2024
Equity
-€82,477▲ 16.7%
2018 - 2024
Solvency
-92.7%▲ 138.1pp
2018 - 2024
Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Trend over the years
Trend over the years
In euros
In euros
No line ticked in this group.
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,988▲ 90.6%€22,449-€2,590€9,566€29,655▲ 210%
Net result-€3,867▲ 83.1%€12,720-€5,765€3,309€16,487▲ 398%
Equity-€109,227▼ 3.7%-€96,507▲ 11.6%-€102,273▼ 6.0%-€98,964▲ 3.2%-€82,477▲ 16.7%
Total assets€43,709▲ 41.5%€47,847▲ 9.5%€48,178▲ 0.7%€42,878▼ 11.0%€88,939▲ 107%
Debt€122,936▲ 15.7%€114,354▼ 7.0%€120,451▲ 5.3%€111,841▼ 7.1%€141,416▲ 26.4%
Working capital-€110,576▼ 14.7%-€94,373▲ 14.7%-€99,277▼ 5.2%-€96,614▲ 2.7%-€121,454▼ 25.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 210% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88,939
Fixed assets
€68,977 ▲ 149%
Current assets
€19,962 ▲ 31.1%
Equity and liabilities
Equity-€82,477
Debt€141,416
Equity is negative: debt (€141,416) exceeds the balance-sheet total (€88,939).
Key figures and ratios
Key figures and ratios
EBITDA
€49,517▲
2023 · €27,488
Cash flow
€36,349▲
2023 · €21,231
Solvency
-92.7%▲
2023 · -230.8%
Current ratio
0.14▲
2023 · 0.14
ROA
18.5%▲
2023 · 7.7%
Interest coverage
27.07▼
2023 · 56.81
Debt ≤ 1 year
€141,416▲
2023 · €111,841
Income taxes
€11,339▲
2023 · €5,773
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% 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 497,341 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 3,632 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €7,912 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,968 | €8,932 | €10,276 | €17,922 | €19,862 | ▲ 10.8% |
| Other operating charges640/8 | - | €347 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €6,328 | €31,728 | €8,034 | €27,873 | €49,904 | ▲ 79.0% |
| Operating profit (loss)9901 | -€1,988 | €22,449 | -€2,590 | €9,566 | €29,655 | ▲ 210% |
| Financial income75/76B | - | - | - | €0 | €0 | = |
| Recurring financial income75 | - | - | - | €0 | €0 | = |
| Financial charges65/66B | - | €1,387 | €1,024 | €484 | €1,829 | ▲ 278% |
| Recurring financial charges65 | €1,737 | €1,387 | €1,024 | €484 | €1,829 | ▲ 278% |
| Profit (loss) for the period before taxes9903 | -€3,725 | €21,062 | -€3,614 | €9,082 | €27,826 | ▲ 206% |
| Income taxes67/77 | €142 | €8,342 | €2,151 | €5,773 | €11,339 | ▲ 96.4% |
| Profit (loss) for the period9904 | -€3,867 | €12,720 | -€5,765 | €3,309 | €16,487 | ▲ 398% |
| Profit (loss) for the period to be appropriated9905 | -€3,867 | €12,720 | -€5,765 | €3,309 | €16,487 | ▲ 398% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €43,709 | €47,847 | €48,178 | €42,878 | €88,939 | ▲ 107% |
| Fixed assets21/28 | €31,349 | €27,866 | €27,004 | €27,651 | €68,977 | ▲ 149% |
| Tangible fixed assets22/27 | €31,349 | €27,866 | €27,004 | €27,651 | €68,977 | ▲ 149% |
| Land and buildings22 | - | €5,553 | €3,911 | €2,555 | €1,199 | ▼ 53.1% |
| Plant, machinery and equipment23 | - | €400 | €200 | - | - | - |
| Furniture and vehicles24 | - | €21,913 | €22,894 | €25,096 | €67,778 | ▲ 170% |
| Current assets29/58 | €12,360 | €19,981 | €21,174 | €15,227 | €19,962 | ▲ 31.1% |
| Amounts receivable within one year40/41 | €8,148 | €10,210 | €9,352 | €8,956 | €11,900 | ▲ 32.9% |
| Trade receivables40 | - | €10,210 | €9,352 | €8,956 | €11,900 | ▲ 32.9% |
| Cash at bank and in hand54/58 | €4,212 | €9,771 | €11,492 | €5,924 | €6,990 | ▲ 18.0% |
| Deferred charges and accrued income490/1 | - | - | €331 | €347 | €1,072 | ▲ 209% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €43,709 | €47,847 | €48,178 | €42,878 | €88,939 | ▲ 107% |
| Equity10/15 | -€109,227 | -€96,507 | -€102,273 | -€98,964 | -€82,477 | ▲ 16.7% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€121,627 | -€108,907 | -€114,673 | -€111,364 | -€94,877 | ▲ 14.8% |
| Provisions and deferred taxes16 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Provisions for liabilities and charges160/5 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Pensions and similar obligations160 | - | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Amounts payable17/49 | €122,936 | €114,354 | €120,451 | €111,841 | €141,416 | ▲ 26.4% |
| Amounts payable within one year42/48 | €122,936 | €114,354 | €120,451 | €111,841 | €141,416 | ▲ 26.4% |
| Trade debts44 | €967 | €1,171 | €1,040 | €2,176 | €849 | ▼ 61.0% |
| Suppliers440/4 | - | €1,171 | €1,040 | €2,176 | €849 | ▼ 61.0% |
| Taxes, remuneration and social security45 | - | €8,485 | €10,636 | €773 | €3,639 | ▲ 371% |
| Taxes450/3 | - | €8,485 | €10,636 | €773 | €3,639 | ▲ 371% |
| Other amounts payable47/48 | - | €104,698 | €108,774 | €108,892 | €136,929 | ▲ 25.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,867 | €12,720 | -€5,765 | €3,309 | €16,487 | ▲ 398% |
| + Depreciation and write-downs630 | €7,968 | €8,932 | €10,276 | €17,922 | €19,862 | ▲ 10.8% |
| Operating cash flow (approximation) | €4,101 | €21,652 | €4,511 | €21,231 | €36,349 | ▲ 71.2% |
| Investment in fixed assets (approximation) | - | -€5,449 | -€9,414 | -€18,569 | -€61,189 | ▼ 230% |
| Change in cash | - | €5,559 | €1,721 | -€5,568 | €1,066 | ▲ 119% |
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
14 eventsLatest 26-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €16,487 ▲398%
Operating result €29,655, net result €16,487, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3,309
Net result €3,309 after one loss-making year.
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €12,720
Net result €12,720 after 3 loss-making years.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 41 days late
2019
31-12
Financial
Weakest financial yearnet -€22,818
Net result drops to -€22,818, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 23-10-2009Year ends 31-12Peppol reachable
Register details
Identification
Legal formPrivate limited company
Founded23-10-2009
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0819993557
Also
9925:BE0819993557
Registered
07-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Diest
Ground area
1,255 m²
Building footprint
143 m²
Volume, LiDAR
683 m³
Parcel 24046A0197/00C002, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24046A0197/00C002 | Flanders | 1,255 m² | 1 · 143 m² | 9.1 m · 1 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.
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