Devos Industry
The file of Devos Industry contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.2% (low). The 2024 annual accounts show negative equity (€-218k) and a net result of €91k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 691 sector peers (fiscal year 2024).
| Equity | €-218k |
| Net result | €91k |
| Better than sector | 5% |
| Active | 10 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -61.8% | 39.4% | |
| Net result | €91k | €13k | |
| Equity | €-218k | €37k | |
| Gross operating margin | €139k | €39k | |
| Staff costs | €0 | €30k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €128k |
| Net profit | €91k |
| Cash flow | €125k |
| Staff costs | €0 |
| Income taxes | - |
| Dividends | - |
| Total assets | €352k |
| Equity | €-218k |
| Debt | €570k |
| of which ≤ 1y | €570k |
| of which > 1y | - |
| Working capital | €-301k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.47 |
| Quick ratio | 0.28 |
| Working capital ratio | -85.5% |
| Solvency | -61.8% |
| Debt / equity | -2.62 |
| Long-term debt ratio | - |
| Interest coverage | 33.56 |
| Gross margin | - |
| Net margin | - |
| ROA | 25.9% |
| ROE | -42.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €352k |
| Fixed assets | 21/28 | €84k |
| Tangible fixed assets | 22/27 | €84k |
| Current assets | 29/58 | €269k |
| Stocks & contracts in progress | 3 | €109k |
| Amounts receivable within one year | 40/41 | €101k |
| Cash & bank | 54/58 | €55k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €352k |
| Equity | 10/15 | €-218k |
| Contributions / capital | 10/11 | €250k |
| Accumulated profits (losses) | 14 | €-468k |
| Amounts payable | 17/49 | €570k |
| Amounts payable within one year | 42/48 | €570k |
| Trade debts payable within one year | 44 | €40k |
| Income statement | ||
| Gross operating margin | 9900 | €139k |
| Operating result | 9901 | €95k |
| Financial income | 75 | €155 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €91k |
| Net result for the period | 9904 | €91k |
| Result to be appropriated | 9905 | €91k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JAN D’HULSTER HOSPITAALSTRAAT 3,
8400 OOSTENDE |
14-02-2022 → present | Belgian State Gazette |
| NACE primary | 25110 |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 17-02-2016 |
| Status | Active |
| Postal code | 8680 |
| First BS signal | 18-02-2022 |
| Latest BS signal | 24-03-2022 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32002B0178/00X002 | Flanders | 517 m² | 1 · 114 m² | 6.8 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Devos Industry |