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DEVOTEC

Active
Private limited companyfounded 1998active for 27 yearsSchaarbeeklei 115, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0464.776.785
Summary

DEVOTEC has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €328,535 and a net result of €13,601, of which €8,381 non-recurring income. Equity is shrinking by about 2.8% per year across the filed financial years. Its solvency ranks better than 37% of 9,758 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Wholesale of electrical household appliances and audio-video equipment
NACE 46431Retail sale of electrical household appliances NACE 47540
1 site
Size
€1.1mtotal assets 2025
Staff
4.4 FTE
Equity
€328,535
Profit
€13,601
Turnover not published (abbreviated format)
Financial health
79 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
FIRONS · 100%
2025 accounts filed 31 days late1 of 5 deeds summarised
Why 79raises riskLast filed accounts filed 31 days late; 2 of the last 3 lateLiquidity: current ratio 1.42, cash €71,898Profit of €13,601 (financial year 2025)lowers riskFounded in 1998Show the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 35% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 56+6
equity 30.8% of total assets
Liquidity 26+3
short-term debt 62.1% · cash 6.7%
Profitability 21-28
return on assets 1.3%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -0.8 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.4%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.6 percentage points vs 07-2026 09-2026: 0.6%▼ -0.5 percentage points vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.42, compared with 1.32 in 2024, below the usual 1.5; short-term debt: 62.1% and cash: 6.7% of total assets), and 69.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 41% on solvency, 24% on liquidity, 22% on profitability and 54% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 1998
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.42, cash €71,898
NBB · annual accounts
raises risk · Profit of €13,601 (financial year 2025)
NBB · annual accounts
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 €328,535
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
25 days late
2023
60 days late
2022
31 days late
2021
31 days late
2020
30 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00465777.

Equity
€328,535▲ 4.3%
2024 · €314,934
Total assets
€1.1m▼ 16.4%
2024 · €1.3m
Net result
€13,601▼ 71.0%
2024 · €46,959
Working capital
€276,295▲ 2.0%
2024 · €270,763
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €39,062 in 2025 against €13,830 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.04m 2025 Net result€0.01m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.2m--€0.03m€0.1m-€0.08m-€0.04m▲ 46.0%-€0.005m▲ 87.1%-€0.01m▼ 161%-€0.04m▼ 182%
Net result€0.2m-€0.02m▼ 89.6%€0.1mabove the sector's middle half▲ 691%€0.01mwithin the sector's middle half▼ 92.6%€0.01mwithin the sector's middle half▲ 38.9%€0.05mwithin the sector's middle half▲ 212%€0.05mwithin the sector's middle half▲ 2.3%€0.01mwithin the sector's middle half▼ 71.0%
Equity€0.4m-€0.4m▲ 4.6%€0.3mwithin the sector's middle half▼ 26.7%€0.2mwithin the sector's middle half▼ 30.1%€0.2mwithin the sector's middle half▲ 7.1%€0.3mwithin the sector's middle half▲ 20.7%€0.3mwithin the sector's middle half▲ 17.5%€0.3mwithin the sector's middle half▲ 4.3%
Total assets€1.3m-€1.2m▼ 2.3%€1.4mwithin the sector's middle half▲ 12.2%€1.4mwithin the sector's middle half▼ 0.4%€1.1mwithin the sector's middle half▼ 17.3%€1.0mwithin the sector's middle half▼ 11.8%€1.3mwithin the sector's middle half▲ 26.3%€1.1mwithin the sector's middle half▼ 16.4%
Debt€0.9m-€0.8m▼ 5.3%€1.1m▲ 31.1%€1.2m▲ 7.6%€0.9m▼ 21.6%€0.7m▼ 19.7%€1.0m▲ 29.5%€0.7m▼ 23.2%
Working capital€0.3m-€0.3m▲ 16.6%€0.3mwithin the sector's middle half▼ 27.9%€0.3mwithin the sector's middle half▼ 0.2%€0.2mwithin the sector's middle half▼ 30.6%€0.2mwithin the sector's middle half▲ 40.7%€0.3mwithin the sector's middle half▲ 10.1%€0.3mwithin the sector's middle half▲ 2.0%
Solvency30.5%-32.7%▲ 2.2pp21.3%within the sector's middle half▼ 11.3pp15.0%below the sector's middle half▼ 6.4pp19.4%below the sector's middle half▲ 4.4pp26.6%within the sector's middle half▲ 7.2pp24.7%within the sector's middle half▼ 1.8pp30.8%within the sector's middle half▲ 6.1pp
Current ratio1.42-1.48▲ 0.071.24within the sector's middle half▼ 0.251.23within the sector's middle half▼ 0.011.19within the sector's middle half▼ 0.041.36within the sector's middle half▲ 0.161.32within the sector's middle half▼ 0.041.42within the sector's middle half▲ 0.10
Return on assets (ROA)13.6%-1.4%▼ 12.1pp10.2%within the sector's middle half▲ 8.8pp0.8%below the sector's middle half▼ 9.4pp1.3%within the sector's middle half▲ 0.5pp4.5%within the sector's middle half▲ 3.3pp3.7%within the sector's middle half▼ 0.9pp1.3%within the sector's middle half▼ 2.4pp
Staff (FTE)5.9-6.8▲ 15.3%5.7within the sector's middle half▼ 16.2%5.7within the sector's middle half=5.6within the sector's middle half▼ 1.8%5.7within the sector's middle half▲ 1.8%4.4within the sector's middle half▼ 22.8%4.4within the sector's middle half=
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €127,959 ▼ 15.4%
Current assets €937,562 ▼ 16.6%
Equity and liabilities €1.1m
Equity €328,535 ▲ 4.3%
Debt €736,986 ▼ 23.2%
Debt's share of the balance-sheet total falls from 75.3% to 69.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€571▼
2024 · €17,737
Cash flow
€53,234▼
2024 · €78,526
Quick ratio
1.09▲
2024 · 0.97
Debt to equity
2.24▼
2024 · 3.05
ROE
4.1%▼
2024 · 14.9%
Interest coverage
0.05▼
2024 · 3.07
Debt ≤ 1 year
€661,267▼
2024 · €852,885
Debt > 1 year
€49,995▼
2024 · €72,860
Income taxes
€6,962▼
2024 · €12,622
Staff costs
€183,982▼
2024 · €261,860
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.1m▼
Fixed assets21/28€0.2m€0.1m▼
Tangible fixed assets22/27€0.2m€0.1m▼
Plant, machinery and equipment23€0.05m€0.04m▼
Furniture and vehicles24€0.05m€0.04m▼
Other tangible fixed assets26€0.05m€0.05m▼
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€1.1m€0.9m▼
Amounts receivable after more than one year29€0.1m€0.1m=
Other amounts receivable291€0.1m€0.1m=
Stocks and contracts in progress3€0.3m€0.2m▼
Stocks30/36€0.3m€0.2m▼
Amounts receivable within one year40/41€0.5m€0.4m▼
Trade receivables40€0.5m€0.4m▼
Other amounts receivable41€0.03m€0.02m▼
Current investments50/53€0.02m€0.02m=
Cash at bank and in hand54/58€0.08m€0.07m▼
Deferred charges and accrued income490/1€0.07m€0.1m▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.1m▼
Equity10/15€0.3m€0.3m▲
Contributions10/11€0.09m€0.09m=
Reserves13€0.2m€0.2m▲
Non-distributable reserves130/1€0.02m€0.02m=
Reserves not available under the articles1311€0.02m€0.02m=
Distributable reserves133€0.2m€0.2m▲
Amounts payable17/49€1.0m€0.7m▼
Amounts payable after more than one year17€0.07m€0.05m▼
Financial debts170/4€0.07m€0.05m▼
Amounts payable within one year42/48€0.9m€0.7m▼
Current portion of amounts payable after more than one year42€0.04m€0.03m▼
Financial debts43€0.1m€0.1m▼
Credit institutions430/8€0.1m€0.1m▼
Trade debts44€0.07m€0.07m▼
Suppliers440/4€0.07m€0.07m▼
Advances received on contracts in progress46€0.6m€0.4m▼
Taxes, remuneration and social security45€0.03m€0.02m▼
Taxes450/3€0.002m-
Remuneration and social security454/9€0.03m€0.02m▼
Other amounts payable47/48€0.01m€16▼
Accrued charges and deferred income492/3€0.03m€0.03m▼
Income statement Code20242025
Non-recurring operating income76A€0.009m€0.008m▼
Remuneration, social security and pensions62€0.3m€0.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.04m▲
Other operating charges640/8€0.02m€0.02m▲
Gross operating margin9900€0.3m€0.2m▼
Operating profit (loss)9901-€0.01m-€0.04m▼
Financial income75/76B€0.08m€0.07m▼
Recurring financial income75€0.08m€0.07m▼
Financial charges65/66B€0.006m€0.01m▲
Recurring financial charges65€0.006m€0.01m▲
Profit (loss) for the period before taxes9903€0.06m€0.02m▼
Income taxes67/77€0.01m€0.007m▼
Profit (loss) for the period9904€0.05m€0.01m▼
Profit (loss) for the period to be appropriated9905€0.05m€0.01m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.05m€0.01m▼
Transfer to equity691/2€0.05m€0.01m▼
To other reserves6921€0.05m€0.01m▼
Social balance sheet
Average headcount (FTE)90874.44.4=

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€12,034-€8,574€8,574€8,381▼ 2.3%
Remuneration, social security and pensions62---€339,849€253,397€296,332€261,860€183,982▼ 29.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89,509€92,668€89,410€88,432€30,436€39,541€31,567€39,634▲ 25.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€16,850-----
Other operating charges640/8---€12,546€13,211€13,923€15,003€15,196▲ 1.3%
Gross operating margin9900€570,006€416,542€477,886€381,373€255,853€344,498€294,600€199,750▼ 32.2%
Operating profit (loss)9901€165,962-€27,336€119,054-€76,303-€41,192-€5,297-€13,830-€39,062▼ 182%
Financial income75/76B---€92,241€69,707€72,301€79,194€70,803▼ 10.6%
Recurring financial income75€76,655€64,530€76,914€80,349€69,707€72,301€79,194€70,803▼ 10.6%
Non-recurring financial income76B---€11,892-----
Financial charges65/66B---€3,544€6,197€3,804€5,782€11,178▲ 93.3%
Recurring financial charges65€7,995€7,206€4,193€3,544€6,197€3,804€5,782€11,178▲ 93.3%
Profit (loss) for the period before taxes9903€234,621€29,987€191,775€12,394€22,318€63,201€59,581€20,563▼ 65.5%
Income taxes67/77€62,628€12,039€49,729€1,817€7,625€17,298€12,622€6,962▼ 44.8%
Profit (loss) for the period9904€171,994€17,949€142,046€10,577€14,693€45,903€46,959€13,601▼ 71.0%
Profit (loss) for the period to be appropriated9905€171,994€17,949€142,046€10,577€14,693€45,903€46,959€13,601▼ 71.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.3m€1.2m€1.4m€1.4m€1.1m€1.0m€1.3m€1.1m▼ 16.4%
Fixed assets21/28€0.2m€0.2m€0.08m€0.03m€0.06m€0.08m€0.2m€0.1m▼ 15.4%
Tangible fixed assets22/27€0.2m€0.2m€0.08m€0.03m€0.06m€0.07m€0.2m€0.1m▼ 15.5%
Plant, machinery and equipment23---€0.02m€0.005m€0.03m€0.05m€0.04m▼ 23.0%
Furniture and vehicles24---€0.002m€0.04m€0.02m€0.05m€0.04m▼ 16.9%
Other tangible fixed assets26---€0.005m€0.02m€0.02m€0.05m€0.05m▼ 7.3%
Financial fixed assets28€0.006m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€1.0m€1.1m€1.3m€1.4m€1.1m€0.9m€1.1m€0.9m▼ 16.6%
Amounts receivable after more than one year29------€0.1m€0.1m=
Other amounts receivable291------€0.1m€0.1m=
Stocks and contracts in progress3€0.2m€0.2m€0.2m€0.2m€0.3m€0.3m€0.3m€0.2m▼ 27.0%
Stocks30/36---€0.2m€0.3m€0.3m€0.3m€0.2m▼ 27.0%
Amounts receivable within one year40/41€0.5m€0.4m€0.6m€0.6m€0.4m€0.4m€0.5m€0.4m▼ 22.2%
Trade receivables40---€0.5m€0.4m€0.4m€0.5m€0.4m▼ 22.9%
Other amounts receivable41---€0.04m€0.04m-€0.03m€0.02m▼ 7.9%
Current investments50/53€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m=
Cash at bank and in hand54/58€0.07m€0.3m€0.4m€0.2m€0.1m€0.1m€0.08m€0.07m▼ 13.3%
Deferred charges and accrued income490/1---€0.3m€0.3m€0.1m€0.07m€0.1m▲ 34.8%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.2m€1.4m€1.4m€1.1m€1.0m€1.3m€1.1m▼ 16.4%
Equity10/15€0.4m€0.4m€0.3m€0.2m€0.2m€0.3m€0.3m€0.3m▲ 4.3%
Contributions10/11€0.09m€0.09m-€0.09m€0.09m€0.09m€0.09m€0.09m=
Reserves13€0.2m€0.2m€0.2m€0.1m€0.1m€0.2m€0.2m€0.2m▲ 6.0%
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves not available under the articles1311---€0.02m€0.02m€0.02m€0.02m€0.02m=
Distributable reserves133---€0.1m€0.1m€0.2m€0.2m€0.2m▲ 6.6%
Profit (loss) carried forward14€0.1m€0.2m€0.05m------
Amounts payable17/49€0.9m€0.8m€1.1m€1.2m€0.9m€0.7m€1.0m€0.7m▼ 23.2%
Amounts payable after more than one year17€0.1m€0.09m€0.03m-€0.02m€0.01m€0.07m€0.05m▼ 31.4%
Financial debts170/4----€0.02m€0.01m€0.07m€0.05m▼ 31.4%
Amounts payable within one year42/48€0.7m€0.7m€1.1m€1.1m€0.9m€0.7m€0.9m€0.7m▼ 22.5%
Current portion of amounts payable after more than one year42---€0.03m€0.005m€0.005m€0.04m€0.03m▼ 33.3%
Financial debts43------€0.1m€0.1m▼ 9.3%
Credit institutions430/8------€0.1m€0.1m▼ 9.3%
Trade debts44€0.07m€0.05m€0.04m€0.2m€0.2m€0.03m€0.07m€0.07m▼ 10.8%
Suppliers440/4---€0.2m€0.2m€0.03m€0.07m€0.07m▼ 10.8%
Advances received on contracts in progress46---€0.7m€0.6m€0.6m€0.6m€0.4m▼ 23.3%
Taxes, remuneration and social security45---€0.05m€0.04m€0.05m€0.03m€0.02m▼ 41.6%
Taxes450/3---€0.05m€0.01m€0.02m€0.002m--
Remuneration and social security454/9----€0.03m€0.03m€0.03m€0.02m▼ 36.8%
Other amounts payable47/48---€0.1m€0.1m€0.02m€0.01m€16▼ 99.8%
Accrued charges and deferred income492/3---€0.08m€0.001m€0.04m€0.03m€0.03m▼ 25.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€171,994€17,949€142,046€10,577€14,693€45,903€46,959€13,601▼ 71.0%
+ Depreciation and write-downs630€89,509€92,668€89,410€88,432€30,436€39,541€31,567€39,634▲ 25.6%
Operating cash flow (approximation)€261,503€110,617€231,456€99,009€45,129€85,444€78,526€53,234▼ 32.2%
Investment in fixed assets (approximation)--€10,495-€3,040-€42,220-€61,340-€51,446-€107,262-€16,263▲ 84.8%
Change in cash-€215,833€104,621-€207,186-€76,845€10,577-€37,785-€11,028▲ 70.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 31-08-2026 2026-00465777
31-12-2024 abbreviated format 25-08-2025 2025-00437189
31-12-2023 abbreviated format 29-09-2024 2024-00484094
31-12-2022 abbreviated format 31-08-2023 2023-00425759
31-12-2021 abbreviated format 31-08-2022 2022-20391567
31-12-2020 abbreviated format 01-07-2021 2021-31800366
31-12-2019 abbreviated format 30-06-2020 2020-24500592
31-12-2018 abbreviated format 29-08-2019 2019-56000470
31-12-2017 abbreviated format 23-08-2018 2018-48600383
31-12-2016 abbreviated format 27-06-2017 2017-22400080

Show all 27 filings

Similar companies · same sector, comparable size

Of the 964 active companies whose main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431), figures are known for 695. 538 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 · 1 entry · €660 paid
Schemes
1 entry · €660 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
RONSSE Filip Sylvains Brigitte
Director (not named in the articles) · since 04-03-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
RONSSE Filip Sylvains Brigitte
  • Manager, until 04-03-2024
  • Director (not named in the articles), from 04-03-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. FIRONS 100%
  2. DEVOTEC

Highest known parent: FIRONS. The sources do not say who stands above it.

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Capital over the years
  1. 04-03-2024 Converted to unavailable equity

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 9 December 1998, DEVOTEC was incorporated.1 Total assets went from €1.3m in 2018 to €1.1m in 2025 and headcount from 5.9 to 4.4 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 31 days late
2025
25-08
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 25 days late
2024
29-09
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 60 days late
04-03
Gazette deed Resignation: RONSSE Filip Sylvains Brigitte (manager)
Appointment: RONSSE Filip Sylvains Brigitte (director) · Permanent representative: RONSSE Filip Sylvains Brigitte · Capital conversion10 facts ▸
  • General meeting, “buitengewone algemene vergadering” (deed in Dutch)
  • Other provision, “BESLOTEN VENNOOTSCHAP” (deed in Dutch)
  • Capital conversion, “onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffen en beschikbaar maken voor uitkering, pas tot uitkering na balans- en liquiditeitstest” (deed in Dutch)
  • Registered office clause, “Schaarbeeklei 115,1800 Vilvoorde, adres van de zetel schrappen uit statuten” (deed in Dutch)
  • Director resignation, RONSSE Filip Sylvains Brigitte (manager)
  • Director appointment, RONSSE Filip Sylvains Brigitte (director (not named in the articles))
  • Permanent representative, RONSSE Filip Sylvains Brigitte
  • Amendment of the articles
  • Capital
2023
31-08
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 31 days late
2022
31-08
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 31 days late
2021
31-12
Financial Weakest financial yearnet €10,577 ▼92.6%
Net result drops to €10,577, the lowest in the series; recovery starts the following year.
01-07
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
30-06
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
29-08
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 29 days late
2018
23-08
NBB filing Annual accounts filed
financial year 2017 · abbreviated format · 23 days late
2017
27-06
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 27 annual accounts filed, the latest 10 are here; all 27 are under Financials.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded09-12-1998
Financial year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
46494Wholesale of non-electrical household articles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0464776785
Also 9925:BE0464776785
Registered 21-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Legal Entity Identifier

699400VFZ3JO35G9Y930
live in the LEI register

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 1998
registered office establishment The establishment unit on the map
Ground area
3,687 m²
Building footprint
2,318 m²
Building volume
13,627 m³
Parcel 23644H0180/00P002, Flanders · tallest building 11.8 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
ELECTRO CASH-IXINA
Schaarbeeklei 115, 1800 VilvoordeWholesale of electrical household appliances and audio-video equipment
since 1998unit no. 2.089.688.618
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23644H0180/00P002 Flanders 3,687 m² 1 · 2,318 m² 11.8 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Van alle artikelen bestemd voor het inrichten van woon- en leefruimten en in het bijzonder huishoudtoestellen,elektrische…” (deed in Dutch)
7 activities (deed in Dutch)
  1. Van alle artikelen bestemd voor het inrichten van woon- en leefruimten en in het bijzonder huishoudtoestellen,elektrische toestellen,radio’s,televisies,Hi-Fi- en -videotoestellen in de breedste zin van het woord
  2. Van alle artikelen die betrekking hebben op de informatica,de telematica en de telecommunicatie
  3. Van de keukens en van geïnstalleerde keukens,van keuken- en badkamerinrichtingen,van keuken- en badkamermeubilair en toebehoren,met inbegrip van alle handelingen met betrekking tot het plaatsen en laten plaatsen van deze producten,met uitzondering van de gereglementeerde handelingen,verrichtingen en prestaties,de coördinatie van werken met onderaannemers
  4. Van alle keuken-,badkamer- en sanitair-gerief,-linnen,-toebehoren,en -benodigdheden
  5. Het vervaardigen of laten vervaardigen en het vervoeren van alle voormelde producten en materialen en materiaal
  6. Het optreden als franchisenemer in verband met het voorgaande
  7. Het aannemen van al dan niet exclusieve gebruiksrechten op het gebruik van een distributiesysteem (productie en diensten) en op permanente assistentie met betrekking tot het voorgaande

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
DEVOTEC
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bij besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of…” (deed in Dutch)

deed of 04-03-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Natuurlijke personen of rechtspersonen al dan niet aandeelhouder, een of meer bestuurders” (deed in Dutch)
“Algemene_kosten_los_van_representatie-_reis-_en_verplaatsingskosten, vaste of evenredige vergoeding” (deed in Dutch)

deed of 04-03-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Elke_overdracht_wegens_overlijden_als_onder_levenden_ten_bezwarende_als_kosteloze_titel_vrijwillig_als_gedwongen_(uitsluiting_en_uittreding)…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 04-03-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 20:00

deed of 04-03-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“In vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bij ontbinding om welke reden en op welk ogenblik ook, onverminderd recht algemene vergadering om één of meerdere vereffenaars aan te…” (deed in Dutch)

deed of 04-03-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Interne bestuursbevoegdheid, geheel van bevoegdheden met mogelijkheid deel te delegeren” (deed in Dutch)
Other provision: “Bijzondere volmachten, verbinden vennootschap binnen perken volmacht” (deed in Dutch)
Other provision: “Dagelijks bestuur en vertegenwoordiging wat dat bestuur betreft, dagelijks bestuur” (deed in Dutch)
Other provision: “Controle van de vennootschap, kan zich laten vertegenwoordigen of bijstaan door externe accountant” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, houder van effecten/aandelen op naam moet als zodanig ingeschreven zijn in register van aandelen/effecten…” (deed in Dutch)
Other provision: “Beraadslaging algemene vergadering, meerderheid van stemmen ongeacht aantal vertegenwoordigde effecten, behoudens gevallen voorzien door wet…” (deed in Dutch)
Other provision: “Stemrecht en volmacht, schriftelijke volmacht door alle middelen van overdracht” (deed in Dutch)
Other provision: “Bestemming van de winst - reserves, algemene vergadering” (deed in Dutch)
Other provision: “Interimdividenden, enkel op voorwaarde dat balans- en liquiditeitstest zoals voorzien door wet werden nageleefd” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura voorhanden op dezelfde wijze verdeeld, na aanzuivering alle schulden, lasten en kosten van vereffening of consignatie…” (deed in Dutch)
Other provision: “Woonstkeuze, elk lid van bestuursorgaan of dagelijks bestuurder kan woonplaatskeuze doen op zetel voor alle materies die aan uitoefening…” (deed in Dutch)
Other provision: “Gemeen recht, bepalingen WVV waarvan niet geldig zou zijn afgeweken worden geacht ingeschreven in akte” (deed in Dutch)
Other provision: “Aard van de aandelen, uitoefening door eigenaar-pandgever tenzij schriftelijk anders” (deed in Dutch)
1 more provision in the deed, see the deed of 04-03-2024

deed of 04-03-2024