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DEVOS OFFICE SOLUTIONS

Active
Private limited companyfounded 200322 yrs activeMoerkerkse Steenweg 189, 8310 Brugge, BelgiumKBO/BCE: BE 0862.093.636

DEVOS OFFICE SOLUTIONS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €321k and a net result of €509. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
53 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-16
Solvency52▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.43 in 2024; short-term debt: 54.7% and cash: 3.6% of total assets), and 72.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
27.4%
Return on assets
0%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €321k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
1 d early
2023
2 d early
2022
2 d early
2021
1 d early
2020
on the day
2019
29 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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€321k▲ 0.2%
2024 · €320k
2018: €-20k 2019: €20k 2020: €31k 2021: €42k 2022: €94k 2023: €243k 2024: €320k
2018 → 2025
Total assets
€1.17M▲ 6.5%
2024 · €1.10M
2018: €556k 2019: €541k 2020: €634k 2021: €688k 2022: €723k 2023: €855k 2024: €1.10M
2018 → 2025
Net result
€509▼ 99.4%
2024 · €82k
2018: €27k 2019: €55k 2020: €10k 2021: €20k 2022: €52k 2023: €149k 2024: €82k
2018 → 2025
Working capital
€173k▼ 32.0%
2024 · €254k
2018: €166k 2019: €160k 2020: €156k 2021: €184k 2022: €222k 2023: €307k 2024: €254k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€42k-€94k▲ 123%€243k▲ 159%€320k▲ 31.6%€321k▲ 0.2%
Operating result€46k-€98k▲ 112%€254k▲ 159%€152k▼ 40.2%€42k▼ 72.6%
Net result€20k-€52k▲ 161%€149k▲ 188%€82k▼ 45.1%€509▼ 99.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €46k€46kNet result 2021: €20k€20kOperating result 2022: €98k€98kNet result 2022: €52k€52kOperating result 2023: €254k€254kNet result 2023: €149k€149kOperating result 2024: €152k€152kNet result 2024: €82k€82kOperating result 2025: €42k€42kNet result 2025: €509€50920212022202320242025
The operating result has fallen two years in a row; 2025 is 73% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets €357k▲ 45.0%
Current assets €812k▼ 4.7%
Equity and liabilities €1.17M
Equity €321k▲ 0.2%
Debt €848k▲ 9.0%
The debt ratio rises from 70.8% to 72.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€116k
2024 · €196k
Cash flow
€75k
2024 · €126k
Solvency
27.4%
2024 · 29.2%
Current ratio
1.27
2024 · 1.43
Quick ratio
0.66
2024 · 0.81
Debt / equity
2.65
2024 · 2.43
ROE
0.2%
2024 · 25.6%
ROA
0.0%
2024 · 7.5%
Interest coverage
4.24
2024 · 5.03
Debt
€848k
2024 · €778k
Debt ≤ 1 year
€639k
2024 · €598k
Debt > 1 year
€204k
2024 · €173k
Income taxes
€15k
2024 · €32k
Staff costs
€255k
2024 · €285k
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€1.10M€1.17M
Fixed assets21/28€246k€357k
Tangible fixed assets22/27€237k€348k
Plant, machinery and equipment23€12k€10k
Furniture and vehicles24€96k€219k
Other tangible fixed assets26€129k€119k
Financial fixed assets28€9k€9k=
Current assets29/58€852k€812k
Stocks and contracts in progress3€369k€390k
Stocks30/36€369k€390k
Amounts receivable within one year40/41€242k€366k
Trade receivables40€150k€234k
Other amounts receivable41€92k€132k
Cash at bank and in hand54/58€227k€42k
Deferred charges and accrued income490/1€14k€15k
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.17M
Equity10/15€320k€321k
Contributions10/11€19k€19k=
Reserves13€302k€302k
Distributable reserves133€302k€302k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€778k€848k
Amounts payable after more than one year17€173k€204k
Financial debts170/4€109k€164k
Other amounts payable178/9€64k€40k
Amounts payable within one year42/48€598k€639k
Current portion of amounts payable after more than one year42€59k€61k
Financial debts43€169k€224k
Credit institutions430/8€169k€224k
Trade debts44€220k€222k
Suppliers440/4€220k€222k
Taxes, remuneration and social security45€138k€65k
Taxes450/3€106k€35k
Remuneration and social security454/9€32k€30k
Other amounts payable47/48€12k€67k
Accrued charges and deferred income492/3€7k€5k
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€285k€255k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€74k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€-170
Other operating charges640/8€245k€170k
Non-recurring operating charges66A€3k€0
Gross operating margin9900€730k€541k
Operating profit (loss)9901€152k€42k
Financial income75/76B€1k€1k
Recurring financial income75€1k€1k
Financial charges65/66B€39k€27k
Recurring financial charges65€39k€27k
Profit (loss) for the period before taxes9903€114k€15k
Income taxes67/77€32k€15k
Profit (loss) for the period9904€82k€509
Profit (loss) for the period to be appropriated9905€82k€509
Appropriation of the result
Profit (loss) to be appropriated9906€82k€509
Transfer from equity791/2€2k€0
Transfer to equity691/2€79k€509
To other reserves6921€79k€509
Profit to be distributed694/7€5k€0
Directors or managers695€5k€0
Social balance
Average headcount (FTE)90872.93.0

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €509 ▼99.4%
Net result drops to €509, the lowest in the series.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €149k ▲188%
Operating result €254k, net result €149k, both a record.
31-12
Financial Equity above €200kEq €243k ▲159%
6 profitable years in a row build equity to €243k.
28-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
01-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
02-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Brugge · 1 establishment unit since 2003
establishment The establishment unit on the map
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.

Moerkerkse Steenweg 1898310 Brugge
Ground area
1,425 m²
Building footprint
599 m²
Volume, LiDAR
3,550 m³
2 parcels, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Devos Office Solutions
Moerkerkse Steenweg 232, 8310 BruggeNACE 51850
since 20032.134.877.750
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31029C0160/00T005 Flanders 1,164 m² 1 · 358 m² 12.4 m · 1 fl.
31433D0066/00K002 Flanders 261 m² 1 · 241 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 2 entries · 1,814 EUR awarded · 1,275 EUR paid
Year Entries awardedpaid
2025 1 539 EUR0 EUR
2022 1 1,275 EUR1,275 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 1,814 EUR · 1,275 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,249 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-12-2003
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52470
62020IT consultancy
62200Computer consultancy and computer facilities management
46472Wholesale trade
46500Wholesale of information and communication equipment
46510Wholesale trade
46650Wholesale trade
47620Retail trade
47621Retail sale of newspapers and periodicals
52487
62900Other information technology and computer services
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.