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DEVOTRA

Active
Private limited company·Goederenvervoer over de weg· 14 yrs active
Gullegemsestraat 74 ·8880 Ledegem, Belgium
KBO/BCE: BE 0839.507.482
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age14 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DEVOTRA is 1.2% (low). The 2024 annual accounts show equity of €135k and a net result of €800. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 2249 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 2249 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
Established
Founded in 2011, 14 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.2% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€800-71.6%
Working capital€2k-3.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20kOperating result 2020: €16k€16kNet result 2020: €10k€10kOperating result 2021: €20k€20kNet result 2021: €12k€12kOperating result 2022: €5k€5kNet result 2022: €2k€2kOperating result 2023: €5k€5kNet result 2023: €3k€3kOperating result 2024: €2k€2kNet result 2024: €800€80020202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~49% of the level (threshold 35%). We therefore deliberately show no projection line.
€0€5k€10k2018: €1k2019: €5k2020: €10k2021: €12k2022: €2k2023: €3k2024: €8002018201920202021202220232024
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).

Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 85.1% 27.4%
better than 95% of 2249 sector peers
Net result €800 €6k
better than 36% of 2233 sector peers
Equity €135k €17k
better than 93% of 2255 sector peers
Gross operating margin €18k €28k
better than 38% of 2222 sector peers
Staff costs €2k €37k
higher than 13% of 1016 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P95
2020: P79 · n=4522021: P81 · n=7882022: P85 · n=13422023: P89 · n=18112024: P95 · n=22492020 2024
Improving position over 2020-2024 · n=452-2249
Net result P36
2020: P69 · n=4492021: P68 · n=7752022: P43 · n=13292023: P46 · n=17902024: P36 · n=22332020 2024
Weakening position over 2020-2024 · n=449-2233
Equity P93
2020: P89 · n=4522021: P92 · n=7892022: P93 · n=13512023: P93 · n=18222024: P93 · n=22552020 2024
Stable position over 2020-2024 · n=452-2255
Gross operating margin P38
2020: P52 · n=4472021: P57 · n=7742022: P39 · n=13222023: P44 · n=17782024: P38 · n=22222020 2024
Weakening position over 2020-2024 · n=447-2222
Describes the position versus peers, not a forecast.
EBITDA
€15k
-17.0% -62% vs sector
Net profit
€800
-71.6% -92% vs sector
Cash flow
€14k
-10.5% -61% vs sector
Total assets
€158k
-10.8% -59% vs sector
Equity
€135k
+0.6% -54% vs sector
Working capital
€2k
-3.2% -99% vs sector
Staff costs
€2k
- -99% vs sector
Income taxes
€733
-54.9% -79% vs sector
Debt
€24k
-45.7% -58% vs sector
Debt ≤ 1y
€24k
-29.4% -57% vs sector
Debt > 1y
€0
-100.0% -100% vs sector
Current ratio
1.10
+2.5% -81% vs sector
Quick ratio
1.10
+2.5% -81% vs sector
Solvency
85.1%
+12.7% +3% vs sector
Debt / equity
0.18
-46.0% -17% vs sector
ROE
0.6%
-71.8% -81% vs sector
ROA
0.5%
-68.2% -78% vs sector
Interest coverage
63.53
+185.0% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€15k
Net profit€800
Cash flow€14k
Staff costs€2k
Income taxes€733
Dividends-
Total assets€158k
Equity€135k
Debt€24k
of which ≤ 1y€24k
of which > 1y€0
Working capital€2k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.10
Quick ratio1.10
Working capital ratio1.5%
Solvency85.1%
Debt / equity0.18
Long-term debt ratio0.00
Interest coverage63.53
Gross margin-
Net margin-
ROA0.5%
ROE0.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€158k
Fixed assets 21/28€132k
Tangible fixed assets 22/27€132k
Current assets 29/58€26k
Amounts receivable within one year 40/41€14k
Cash & bank 54/58€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€158k
Equity 10/15€135k
Contributions / capital 10/11€20k
Reserves 13€115k
Amounts payable 17/49€24k
Amounts payable after one year 17€0
Amounts payable within one year 42/48€24k
Trade debts payable within one year 44€22k
Income statement
Gross operating margin 9900€18k
Operating result 9901€2k
Financial income 75€30
Financial charges 65€232
Result before taxes 9903€2k
Income taxes 67/77€733
Net result for the period 9904€800
Result to be appropriated 9905€800
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
81 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
3 companies at this address See who is registered here

Establishment units

1 location
DEVOTRA
Gullegemsestraat 74, 8880 LedegemGoederenvervoer over de weg
since 20112.202.760.033
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area934 m²
Buildings1
Building footprint288 m²
Volume (LiDAR)1,527 m³
Tallest building12.0 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36018B0493/00C003 Flanders 934 m² 1 · 287 m² 12.0 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health81Profitability3Solvency80Growth52Stability100
63 / 100

Strong profile, led by stability.

Health 81
Profitability 3
Solvency 80
Growth 52
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410
Primary activity highlighted.
Names & trade names
Legal nameNL DEVOTRA
Registered office
Gullegemsestraat 74
8880 Ledegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.