DEVOS SERVICES
DEVOS 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 ~39.8% per year across the filed fiscal years. Its solvency ranks better than 24% of 1403 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €79k |
| Net result | €18k |
| Staff (FTE) | 5 |
| Better than sector | 24% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
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 | 16.4% | 42.8% | |
| Net result | €18k | €26k | |
| Equity | €79k | €249k | |
| Gross operating margin | €413k | €119k | |
| Staff costs | €320k | €255k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | -15.3% | +47.7% | - |
| Net profit | -40.0% | +339.1% | - |
| Cash flow | -18.2% | +41.7% | - |
| Staff costs | +8.9% | -3.5% | - |
| Income taxes | -29.2% | +125478200.0% | - |
| Dividends | - | - | - |
| Total assets | -7.8% | -3.9% | - |
| Equity | +29.8% | +98.9% | - |
| Debt | -12.7% | -10.0% | - |
| of which ≤ 1y | -13.9% | -0.2% | - |
| of which > 1y | -10.9% | -9.9% | - |
| Working capital | +535.4% | - | - |
| Employees (FTE) | +16.3% | -12.2% | - |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.28 | 1.04 | 0.88 |
| Quick ratio | 1.28 | 1.04 | 0.69 |
| Working capital ratio | 13.4% | 2.0% | -5.8% |
| Solvency | 16.4% | 11.6% | 5.6% |
| Debt / equity | 5.12 | 7.61 | 16.81 |
| Long-term debt ratio | 2.17 | 3.16 | 6.97 |
| Interest coverage | 14.25 | 46.64 | 9.84 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 3.8% | 5.8% | 1.3% |
| ROE | 23.0% | 49.7% | 22.5% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €483k | €524k | €545k |
| Fixed assets | 21/28 | €185k | €243k | €305k |
| Tangible fixed assets | 22/27 | €185k | €243k | €305k |
| Current assets | 29/58 | €298k | €281k | €240k |
| Stocks & contracts in progress | 3 | - | €0 | €53k |
| Amounts receivable within one year | 40/41 | €189k | €186k | €43k |
| Cash & bank | 54/58 | €101k | €86k | €129k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €483k | €524k | €545k |
| Equity | 10/15 | €79k | €61k | €31k |
| Contributions / capital | 10/11 | €39k | €39k | €39k |
| Reserves | 13 | €40k | €22k | €2k |
| Accumulated profits (losses) | 14 | - | €0 | €-10k |
| Amounts payable | 17/49 | €404k | €463k | €514k |
| Amounts payable after one year | 17 | €171k | €192k | €213k |
| Amounts payable within one year | 42/48 | €233k | €271k | €271k |
| Trade debts payable within one year | 44 | €45k | €32k | €51k |
| Income statement | ||||
| Gross operating margin | 9900 | €413k | €404k | €380k |
| Operating result | 9901 | €33k | €45k | €14k |
| Financial income | 75 | €0 | €0 | €1 |
| Financial charges | 65 | €6k | €2k | €7k |
| Result before taxes | 9903 | €27k | €43k | €7k |
| Income taxes | 67/77 | €9k | €13k | €0 |
| Net result for the period | 9904 | €18k | €30k | €7k |
| Result to be appropriated | 9905 | €18k | €30k | €7k |
| NACE primary | Market research and public opinion polling(73200) |
| Legal form | Private limited company(610) |
| Incorporation | 18-12-1990 |
| Status | Active |
| Postal code | 3460 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24008H0344/00X000 | Flanders | 2,600 m² | 1 · 352 m² | 9.8 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-01-2024 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "statutory_reserve_release",
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"not_yet_called_eur": null,
"merger_new_shares_n": null,
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"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "suppress"
}
],
"notary": {
"name": "Vincent Tallon",
"firm_city": null,
"firm_name": null,
"office_city": "Geetbets",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-15",
"filing_date": null,
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-12-13",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0442.095.217",
"name_full": "DEVOS TRADING",
"legal_form": "Besloten Vennootschap met Beperkte Aansprakelijkheid",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition van het proces-verbaal statutenwijziging",
"de geco\u00F6rdineerde tekst van de statuten"
],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameEN | DEVOS SERVICES |