DEVOS MOTORSPORT
ActiveDEVOS MOTORSPORT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €211k and a net result of €2k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 92% of 11209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+58
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 12.42 against 8.55 in 2024; short-term debt: 7.4% and cash: 3.4% of total assets), and 7.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.6%
Return on assets
0.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
47 d early
2023
23 d late
2022
41 d early
2021
51 d late
2020
18 d late
2019
56 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€211k▲ 1.0%
2024 · €209k
2018: €217k
2019: €197k
2020: €197k
2021: €204k
2022: €213k
2023: €221k
2024: €209k
2018 → 2025
Total assets
€228k▼ 2.3%
2024 · €234k
2018: €296k
2019: €305k
2020: €291k
2021: €310k
2022: €247k
2023: €252k
2024: €234k
2018 → 2025
Net result
€2k
2024 · €-12k
2018: €3k
2019: €-20k
2020: €402
2021: €7k
2022: €9k
2023: €8k
2024: €-12k
2018 → 2025
Working capital
€194k▲ 5.5%
2024 · €184k
2018: €198k
2019: €173k
2020: €168k
2021: €179k
2022: €174k
2023: €187k
2024: €184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€204k-€213k▲ 4.4%€221k▲ 3.8%€209k▼ 5.4%€211k▲ 1.0%
Operating result€9k-€10k▲ 2.3%€9k▼ 11.9%€-11k€2k
Net result€7k-€9k▲ 27.5%€8k▼ 9.0%€-12k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €11k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228k
Fixed assets
€18k▼ 31.3%
Current assets
€211k▲ 1.3%
Equity and liabilities €228k
Equity
€211k▲ 1.0%
Debt
€17k▼ 30.2%
The debt ratio falls from 10.4% to 7.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▲
2024 · €-3k
Cash flow
€10k▲
2024 · €-4k
Solvency
92.6%▲
2024 · 89.6%
Current ratio
12.42▲
2024 · 8.55
Quick ratio
2.42▲
2024 · 2.09
Debt / equity
0.08▼
2024 · 0.12
ROE
0.9%▲
2024 · -5.7%
ROA
0.9%▲
2024 · -5.1%
Interest coverage
22.36▲
2024 · -6.61
Debt
€17k▼
2024 · €24k
Debt ≤ 1 year
€17k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€234k€228k▼
Fixed assets21/28€26k€18k▼
Tangible fixed assets22/27€26k€18k▼
Land and buildings22€18k€15k▼
Furniture and vehicles24€7k€3k▼
Financial fixed assets28€50€50=
Current assets29/58€208k€211k▲
Stocks and contracts in progress3€157k€170k▲
Stocks30/36€157k€170k▲
Amounts receivable within one year40/41€49k€33k▼
Trade receivables40€39k€30k▼
Other amounts receivable41€10k€3k▼
Cash at bank and in hand54/58€2k€8k▲
Deferred charges and accrued income490/1€203€203=
Equity and liabilities
Total equity and liabilities10/49€234k€228k▼
Equity10/15€209k€211k▲
Contributions10/11€130k€130k=
Reserves13€78k€78k=
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Distributable reserves133€65k€65k=
Profit (loss) carried forward14€1k€3k▲
Amounts payable17/49€24k€17k▼
Amounts payable within one year42/48€24k€17k▼
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€12k€11k▼
Suppliers440/4€12k€11k▼
Other amounts payable47/48€11k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€-682€13k▲
Operating profit (loss)9901€-11k€2k▲
Financial income75/76B€62€27▼
Recurring financial income75€62€27▼
Financial charges65/66B€486€470▼
Recurring financial charges65€486€470▼
Profit (loss) for the period before taxes9903€-12k€2k▲
Profit (loss) for the period9904€-12k€2k▲
Profit (loss) for the period to be appropriated9905€-12k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€3k▲
Profit (loss) brought forward from the previous period14P€13k€1k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €9k ▲27.5%
Operating result €10k, net result €9k, both a record.
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 51 days late
2021
31-12
Financial
Equity above €200kEq €204k ▲3.5%
2 profitable years in a row build equity to €204k.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Back to profitnet €402
Net result €402 after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
31-12
Financial
Weakest financial yearnet €-20k ▼887%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Risquons-Toutstraat(Aal) 88511 KortrijkGround area
514 m²
Building footprint
1,146 m²
Volume, LiDAR
6,139 m³
Parcel 34001B0325/00T000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Risquons-Toutstraat(Aal) 8 A, 8511 Kortrijk
since 19922.057.643.182
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34001B0325/00T000 | Flanders | 514 m² | 1 · 1,146 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TRUCK TRAILER COMPANY
BE 0839.544.502
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REMOUCHAMPS CARAVANES
BE 0465.507.057
Aywaille · Eq €218k
D'HONDT
BE 0439.498.783
Kontich · Eq €204k
RIJFRA
BE 0471.302.610
Rijkevorsel · Eq €220k
OPTIONS
BE 0443.668.003
Erpe-Mere · Eq €203k
Of 338 companies in sector 46713 we hold annual accounts for 204. 150 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-1991
Fiscal year end31-12
Activities, NACEBEL
45194
46713Wholesale trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
50302
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.