Summary
DEVOS RISK & BENEFITS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €544k and a net result of €219k. Equity is growing by ~48.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 2444 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 6 filingsDeviation from the deadline
2025
26 d late
2024
56 d late
2023
on the day
2022
12 d early
2021
30 d late
2020
59 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€544k▲ 43.8%
2024 · €378k
Net result
€219k▲ 12.4%
2024 · €195k
Total assets
€967k▲ 28.8%
2024 · €751k
Solvency
56.3%▲ 5.9pp
2024 · 50.4%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€80k▼ 13.8%€65k▼ 19.1%€143k▲ 121%€265k▲ 85.7%€289k▲ 8.9%
Net result€60k▼ 15.7%€49k▼ 17.8%€101k▲ 106%€195k▲ 92.2%€219k▲ 12.4%
Equity€124k▲ 76.4%€167k▲ 34.7%€224k▲ 34.4%€378k▲ 69.0%€544k▲ 43.8%
Total assets€210k▲ 44.6%€248k▲ 18.2%€526k▲ 112%€751k▲ 42.8%€967k▲ 28.8%
Debt€86k▲ 14.7%€81k▼ 5.4%€302k▲ 271%€372k▲ 23.4%€422k▲ 13.5%
Working capital€94k▲ 55.6%€122k▲ 29.9%€385k▲ 216%€472k▲ 22.5%€634k▲ 34.2%
Solvency59.0%▲ 10.7pp67.2%▲ 8.2pp42.6%▼ 24.6pp50.4%▲ 7.8pp56.3%▲ 5.9pp
Staff (FTE)1▲ 400%1=1=1=1.6▲ 60.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €967k
Fixed assets
€238k ▲ 82.5%
Current assets
€729k ▲ 17.5%
Equity and liabilities €967k
Equity
€544k ▲ 43.8%
Debt
€422k ▲ 13.5%
Debt's share of the balance-sheet total falls from 49.6% to 43.7%. Equity and debt are higher.
Key figures and ratios
ROE
40.3%▼
2024 · 51.5%
ROA
22.7%▼
2024 · 26.0%
Debt ≤ 1 year
€95k▼
2024 · €148k
Income taxes
€76k▲
2024 · €71k
Staff costs
€67k▲
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €8k | €559 | ▼ 93.3% |
| Remuneration, social security and pensions62 | €30k | €40k | €43k | €45k | €67k | ▲ 46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €14k | €18k | €28k | €39k | ▲ 37.0% |
| Other operating charges640/8 | €492 | €1k | €865 | €5k | €2k | ▼ 55.8% |
| Non-recurring operating charges66A | - | - | - | - | €1k | - |
| Gross operating margin9900 | €123k | €119k | €204k | €344k | €398k | ▲ 15.7% |
| Operating profit (loss)9901 | €80k | €65k | €143k | €265k | €289k | ▲ 8.9% |
| Financial income75/76B | €121 | €2k | €0 | €771 | €6k | ▲ 730% |
| Recurring financial income75 | €121 | €0 | €0 | €0 | €6k | ▲ 63,952,500% |
| Non-recurring financial income76B | - | €2k | - | €770 | - | - |
| Financial charges65/66B | €2k | €658 | €473 | €472 | €340 | ▼ 27.9% |
| Recurring financial charges65 | €2k | €658 | €473 | €472 | €340 | ▼ 27.9% |
| Profit (loss) for the period before taxes9903 | €78k | €66k | €142k | €266k | €295k | ▲ 11.1% |
| Income taxes67/77 | €18k | €17k | €41k | €71k | €76k | ▲ 7.4% |
| Profit (loss) for the period9904 | €60k | €49k | €101k | €195k | €219k | ▲ 12.4% |
| Profit (loss) for the period to be appropriated9905 | €60k | €49k | €101k | €195k | €219k | ▲ 12.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €210k | €248k | €526k | €751k | €967k | ▲ 28.8% |
| Fixed assets21/28 | €55k | €61k | €48k | €130k | €238k | ▲ 82.5% |
| Tangible fixed assets22/27 | €55k | €61k | €48k | €130k | €238k | ▲ 82.5% |
| Furniture and vehicles24 | €55k | €60k | €48k | €89k | €174k | ▲ 96.5% |
| Other tangible fixed assets26 | - | - | - | €24k | €62k | ▲ 163% |
| Assets under construction and advance payments27 | - | €1k | - | €18k | €850 | ▼ 95.2% |
| Current assets29/58 | €155k | €187k | €477k | €620k | €729k | ▲ 17.5% |
| Amounts receivable after more than one year29 | - | - | - | - | €896 | - |
| Trade receivables290 | - | - | - | - | €896 | - |
| Amounts receivable within one year40/41 | €14k | €2k | €154k | €138k | €214k | ▲ 54.9% |
| Trade receivables40 | €6k | €414 | €147k | €137k | €214k | ▲ 56.2% |
| Other amounts receivable41 | €8k | €1k | €7k | €1k | €59 | ▼ 95.1% |
| Current investments50/53 | - | - | - | €250k | - | - |
| Cash at bank and in hand54/58 | €134k | €175k | €305k | €134k | €425k | ▲ 216% |
| Deferred charges and accrued income490/1 | €7k | €10k | €19k | €98k | €89k | ▼ 8.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €210k | €248k | €526k | €751k | €967k | ▲ 28.8% |
| Equity10/15 | €124k | €167k | €224k | €378k | €544k | ▲ 43.8% |
| Contributions10/11 | €100 | €100 | €100 | €100 | €100 | = |
| Reserves13 | €40k | €60k | €117k | €117k | €117k | = |
| Distributable reserves133 | €40k | €60k | €117k | €117k | €117k | = |
| Profit (loss) carried forward14 | €84k | €106k | €107k | €261k | €427k | ▲ 63.5% |
| Amounts payable17/49 | €86k | €81k | €302k | €372k | €422k | ▲ 13.5% |
| Amounts payable after more than one year17 | €25k | €16k | €7k | - | - | - |
| Financial debts170/4 | €25k | €16k | €7k | - | - | - |
| Amounts payable within one year42/48 | €61k | €65k | €92k | €148k | €95k | ▼ 35.6% |
| Current portion of amounts payable after more than one year42 | €9k | €9k | €9k | - | - | - |
| Trade debts44 | €24k | €5k | €5k | €64k | €1k | ▼ 98.4% |
| Suppliers440/4 | €24k | €5k | €5k | €64k | €1k | ▼ 98.4% |
| Taxes, remuneration and social security45 | €23k | €45k | €39k | €49k | €49k | ▲ 0.2% |
| Taxes450/3 | €19k | €37k | €35k | €48k | €49k | ▲ 1.4% |
| Remuneration and social security454/9 | €4k | €8k | €4k | €585 | - | - |
| Other amounts payable47/48 | €5k | €6k | €39k | €36k | €46k | ▲ 28.3% |
| Accrued charges and deferred income492/3 | €7 | - | €203k | €224k | €327k | ▲ 45.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60k | €49k | €101k | €195k | €219k | ▲ 12.4% |
| + Depreciation and write-downs630 | €13k | €14k | €18k | €28k | €39k | ▲ 37.0% |
| Operating cash flow (approximation) | €72k | €63k | €119k | €223k | €258k | ▲ 15.6% |
| Investment in fixed assets (approximation) | - | €-20k | €-5k | €-110k | €-146k | ▼ 32.4% |
| Change in cash | - | €42k | €129k | €-170k | €290k | ▲ 270% |
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 · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Highest result since 2020net €219k ▲12.4%
Operating result €289k, net result €219k, both a record.
31-12
Financial
Equity above €500kEq €544k ▲43.8%
6 profitable years in a row build equity to €544k.
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €224k ▲34.4%
4 profitable years in a row build equity to €224k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €49k ▼17.8%
Net result drops to €49k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €167k ▲34.7%
3 profitable years in a row build equity to €167k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €100kEq €124k ▲76.4%
2 profitable years in a row build equity to €124k.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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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, Liège · 1 establishment unit since 2019
Ground area
1,140 m²
Building footprint
525 m²
Volume, LiDAR
3,691 m³
2 parcels, Wallonia · tallest building 18.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
DEVOS RISK & BENEFITS
since 20192.295.532.516
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62806C0394/00Y000 | Wallonia | 944 m² | 1 · 338 m² | 12.5 m |
| 62806C0658/00A004 | Wallonia | 196 m² | 1 · 187 m² | 18.1 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
6488DTL44F9Y8279TT60
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,219. 2,557 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-10-2019
Fiscal year end31-12
Abbreviation FR
DRB
Activities, NACEBEL 2025
66220Insurance agents and brokers
Scores and ratios are computed by Checked and are not a credit decision.