DEVOS SERVICES
ActiveDEVOS SERVICES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79k and a net result of €18k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 24% of 1411 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-3
Solvency41▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.04 in 2023; short-term debt: 48.2% and cash: 20.9% of total assets), and 83.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
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
16.4%
Return on assets
3.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1411 sector peers (2024).
NBB · sector comparisonPosition among 1411 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
1 d early
2022
39 d early
2021
38 d early
2020
31 d early
2019
18 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€79k▲ 29.8%
2023 · €61k
2018: €17k
2019: €16k
2020: €20k
2021: €24k
2022: €31k
2023: €61k
2018 → 2024
Total assets
€483k▼ 7.8%
2023 · €524k
2018: €299k
2019: €312k
2020: €498k
2021: €589k
2022: €545k
2023: €524k
2018 → 2024
Net result
€18k▼ 40.0%
2023 · €30k
2018: €-3k
2019: €-1k
2020: €5k
2021: €3k
2022: €7k
2023: €30k
2018 → 2024
Working capital
€65k▲ 535%
2023 · €10k
2018: €-148k
2019: €-104k
2020: €-87k
2021: €-33k
2022: €-31k
2023: €10k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€24k▲ 16.6%€31k▲ 29.1%€61k▲ 98.9%€79k▲ 29.8%
Operating result€11k-€15k▲ 32.1%€14k▼ 5.6%€45k▲ 216%€33k▼ 25.9%
Net result€5k-€3k▼ 27.3%€7k▲ 104%€30k▲ 339%€18k▼ 40.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €483k
Fixed assets
€185k▼ 23.7%
Current assets
€298k▲ 6.0%
Equity and liabilities €483k
Equity
€79k▲ 29.8%
Debt
€404k▼ 12.7%
The debt ratio falls from 88.4% to 83.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▼
2023 · €107k
Cash flow
€76k▼
2023 · €92k
Solvency
16.4%▲
2023 · 11.6%
Current ratio
1.28▲
2023 · 1.04
Quick ratio
1.28▲
2023 · 1.04
Debt / equity
5.12▼
2023 · 7.61
ROE
23.0%▼
2023 · 49.7%
ROA
3.8%▼
2023 · 5.8%
Interest coverage
14.25▼
2023 · 46.64
Debt
€404k▼
2023 · €463k
Debt ≤ 1 year
€233k▼
2023 · €271k
Debt > 1 year
€171k▼
2023 · €192k
Income taxes
€9k▼
2023 · €13k
Staff costs
€320k▲
2023 · €294k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€524k€483k▼
Fixed assets21/28€243k€185k▼
Tangible fixed assets22/27€243k€185k▼
Furniture and vehicles24€243k€185k▼
Current assets29/58€281k€298k▲
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€186k€189k▲
Trade receivables40€186k€189k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€86k€101k▲
Deferred charges and accrued income490/1€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€524k€483k▼
Equity10/15€61k€79k▲
Contributions10/11€39k€39k=
Reserves13€22k€40k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€22k€40k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€463k€404k▼
Amounts payable after more than one year17€192k€171k▼
Financial debts170/4€192k€171k▼
Amounts payable within one year42/48€271k€233k▼
Current portion of amounts payable after more than one year42€21k€21k=
Trade debts44€32k€45k▲
Suppliers440/4€32k€45k▲
Taxes, remuneration and social security45€76k€100k▲
Taxes450/3€42k€59k▲
Remuneration and social security454/9€34k€42k▲
Other amounts payable47/48€141k€67k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Remuneration, social security and pensions62€294k€320k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€58k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€404k€413k▲
Operating profit (loss)9901€45k€33k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€43k€27k▼
Income taxes67/77€13k€9k▼
Profit (loss) for the period9904€30k€18k▼
Profit (loss) for the period to be appropriated9905€30k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€18k▼
Profit (loss) brought forward from the previous period14P€-10k€0▲
Transfer to equity691/2€21k€18k▼
To other reserves6921€21k€18k▼
Social balance
Average headcount (FTE)90874.35.0▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €30k ▲339%
Operating result €45k, net result €30k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
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, Bekkevoort · 1 establishment unit since 1990
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.
Wijndriesstraat 123460 BekkevoortGround area
2,600 m²
Building footprint
352 m²
Volume, LiDAR
2,172 m³
Parcel 24008H0344/00X000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVOS SERVICES
since 19902.050.689.074
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24008H0344/00X000 | Flanders | 2,600 m² | 1 · 352 m² | 9.8 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 3,099 EUR awarded · 3,099 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 99 EUR | 99 EUR |
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
A.S.J. - CONCEPT
BE 0455.447.662
Laarne · Eq €79k
TINAX
BE 0447.813.069
Lede · Eq €79k
S.E.T.E.
BE 0440.793.734
Liège · Eq €79k
OEWY S.A.
BE 0452.504.109
Ans · Eq €79k
AHEAD
BE 0439.674.769
Sint-Joost-ten-Node · Eq €79k
Of 2,716 companies in sector 73200 we hold annual accounts for 1,785. 1,274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-1990
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
73200Market research and public opinion polling
74131
52249Warehousing and support activities for transportation
63112
70322
81100Combined facilities support activities
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.