DEVRIENDT PETER
ActiveSummary
DEVRIENDT PETER has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €183. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+19
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.13 against 4.47 in 2024; short-term debt: 24.2% and cash: 47.8% of total assets), and 24.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.8%
Return on assets
0.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
30 d early
2023
35 d early
2022
31 d early
2021
3 d early
2020
31 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▼ 8.9%
2024 · €100k
2018: €144k
2019: €153k▲ +6.3% vs 2018
2020: €155k▲ +0.9% vs 2019highest in 8 years
2021: €129k▼ -16.8% vs 2020
2022: €129k▲ +0.3% vs 2021
2023: €110k▼ -15.1% vs 2022
2024: €100k▼ -8.6% vs 2023
2025: €91k▼ -8.9% vs 2024lowest in 8 years
2018 → 2025
Total assets
€121k▼ 6.7%
2024 · €129k
2018: €197khighest in 8 years
2019: €175k▼ -11.3% vs 2018
2020: €180k▲ +2.7% vs 2019
2021: €153k▼ -14.8% vs 2020
2022: €167k▲ +9.2% vs 2021
2023: €131k▼ -21.5% vs 2022
2024: €129k▼ -1.6% vs 2023
2025: €121k▼ -6.7% vs 2024lowest in 8 years
2018 → 2025
Net result
€183▼ 85.8%
2024 · €1k
2018: €11khighest in 8 years
2019: €9k▼ -15.3% vs 2018
2020: €1k▼ -84.6% vs 2019
2021: €8k▲ +468% vs 2020
2022: €441▼ -94.4% vs 2021
2023: €743▲ +68.4% vs 2022
2024: €1k▲ +73.6% vs 2023
2025: €183▼ -85.8% vs 2024lowest in 8 years
2018 → 2025
Working capital
€91k▼ 8.7%
2024 · €100k
2018: €113k
2019: €134k▲ +18.9% vs 2018
2020: €143k▲ +6.9% vs 2019highest in 8 years
2021: €123k▼ -14.1% vs 2020
2022: €128k▲ +4.1% vs 2021
2023: €109k▼ -14.8% vs 2022
2024: €100k▼ -8.2% vs 2023
2025: €91k▼ -8.7% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€129k-€129k▲ 0.3%€110k▼ 15.1%€100k▼ 8.6%€91k▼ 8.9%
2021: €129k
2022: €129k▲ +0.3% vs 2021highest in 5 years
2023: €110k▼ -15.1% vs 2022
2024: €100k▼ -8.6% vs 2023
2025: €91k▼ -8.9% vs 2024lowest in 5 years
Operating result€12k-€2k▼ 86.2%€2k▲ 35.1%€3k▲ 47.3%€765▼ 77.1%
2021: €12khighest in 5 years
2022: €2k▼ -86.2% vs 2021
2023: €2k▲ +35.1% vs 2022
2024: €3k▲ +47.3% vs 2023
2025: €765▼ -77.1% vs 2024lowest in 5 years
Net result€8k-€441▼ 94.4%€743▲ 68.4%€1k▲ 73.6%€183▼ 85.8%
2021: €8khighest in 5 years
2022: €441▼ -94.4% vs 2021
2023: €743▲ +68.4% vs 2022
2024: €1k▲ +73.6% vs 2023
2025: €183▼ -85.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €121k
Equity
€91k ▼ 8.9%
Debt
€29k ▲ 1.0%
Debt's share of the balance-sheet total rises from 22.4% to 24.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€925▼
2024 · €4k
Cash flow
€343▼
2024 · €2k
Current ratio
4.13▼
2024 · 4.47
Quick ratio
2.42▼
2024 · 2.96
Debt to equity
0.32▲
2024 · 0.29
ROE
0.2%▼
2024 · 1.3%
ROA
0.2%▼
2024 · 1.0%
Interest coverage
19.67▲
2024 · 3.65
Debt ≤ 1 year
€29k▲
2024 · €29k
Income taxes
€622▼
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€129k€121k▼
Fixed assets21/28€160-
Tangible fixed assets22/27€160-
Plant, machinery and equipment23€160-
Current assets29/58€129k€121k▼
Stocks and contracts in progress3€44k€50k▲
Stocks30/36€9k€9k▲
Contracts in progress37€35k€41k▲
Amounts receivable within one year40/41€31k€13k▼
Trade receivables40€29k€11k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€55k€58k▲
Equity and liabilities
Total equity and liabilities10/49€129k€121k▼
Equity10/15€100k€91k▼
Contributions10/11€12k€12k=
Reserves13€30k€21k▼
Tax-exempt reserves132€8k€8k=
Distributable reserves133€23k€14k▼
Profit (loss) carried forward14€58k€58k=
Amounts payable17/49€29k€29k▲
Amounts payable within one year42/48€29k€29k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€858€1k▲
Taxes450/3€858€1k▲
Other amounts payable47/48€24k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€502€160▼
Other operating charges640/8€650€742▲
Gross operating margin9900€4k€2k▼
Operating profit (loss)9901€3k€765▼
Financial income75/76B€32€87▲
Recurring financial income75€32€87▲
Financial charges65/66B€1k€47▼
Recurring financial charges65€1k€47▼
Profit (loss) for the period before taxes9903€2k€805▼
Income taxes67/77€1k€622▼
Profit (loss) for the period9904€1k€183▼
Profit (loss) for the period to be appropriated9905€1k€183▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€58k▼
Profit (loss) brought forward from the previous period14P€58k€58k=
Transfer from equity791/2€11k€9k▼
Transfer to equity691/2€1k€183▼
To other reserves6921€1k€183▼
Profit to be distributed694/7€11k€9k▼
Return on contributions (dividend)694€11k€9k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €502 | €502 | €160 | ▼ 68.2% |
| Other operating charges640/8 | €798 | €296 | €805 | €650 | €742 | ▲ 14.1% |
| Gross operating margin9900 | €19k | €8k | €4k | €4k | €2k | ▼ 62.9% |
| Operating profit (loss)9901 | €12k | €2k | €2k | €3k | €765 | ▼ 77.1% |
| Financial income75/76B | - | - | €2 | €32 | €87 | ▲ 169% |
| Recurring financial income75 | - | - | €2 | €32 | €87 | ▲ 169% |
| Financial charges65/66B | €812 | €808 | €588 | €1k | €47 | ▼ 95.5% |
| Recurring financial charges65 | €812 | €808 | €588 | €1k | €47 | ▼ 95.5% |
| Profit (loss) for the period before taxes9903 | €11k | €870 | €2k | €2k | €805 | ▼ 65.3% |
| Income taxes67/77 | €3k | €429 | €938 | €1k | €622 | ▼ 39.6% |
| Profit (loss) for the period9904 | €8k | €441 | €743 | €1k | €183 | ▼ 85.8% |
| Profit (loss) for the period to be appropriated9905 | €8k | €441 | €743 | €1k | €183 | ▼ 85.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €153k | €167k | €131k | €129k | €121k | ▼ 6.7% |
| Fixed assets21/28 | €6k | €1k | €661 | €160 | - | - |
| Tangible fixed assets22/27 | €6k | €1k | €661 | €160 | - | - |
| Plant, machinery and equipment23 | €654 | €1k | €661 | €160 | - | - |
| Furniture and vehicles24 | €5k | - | - | - | - | - |
| Current assets29/58 | €148k | €166k | €131k | €129k | €121k | ▼ 6.5% |
| Stocks and contracts in progress3 | €29k | €52k | €48k | €44k | €50k | ▲ 14.9% |
| Stocks30/36 | €12k | €11k | €10k | €9k | €9k | ▲ 1.5% |
| Contracts in progress37 | €17k | €41k | €38k | €35k | €41k | ▲ 18.4% |
| Amounts receivable within one year40/41 | €47k | €46k | €26k | €31k | €13k | ▼ 58.1% |
| Trade receivables40 | €45k | €41k | €24k | €29k | €11k | ▼ 63.2% |
| Other amounts receivable41 | €2k | €5k | €2k | €2k | €2k | ▲ 17.1% |
| Cash at bank and in hand54/58 | €71k | €69k | €57k | €55k | €58k | ▲ 5.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €153k | €167k | €131k | €129k | €121k | ▼ 6.7% |
| Equity10/15 | €129k | €129k | €110k | €100k | €91k | ▼ 8.9% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €59k | €59k | €40k | €30k | €21k | ▼ 29.4% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €8k | €8k | €8k | €8k | €8k | = |
| Distributable reserves133 | €49k | €50k | €32k | €23k | €14k | ▼ 39.1% |
| Profit (loss) carried forward14 | €58k | €58k | €58k | €58k | €58k | = |
| Amounts payable17/49 | €24k | €38k | €22k | €29k | €29k | ▲ 1.0% |
| Amounts payable within one year42/48 | €24k | €38k | €22k | €29k | €29k | ▲ 1.0% |
| Trade debts44 | €8k | €24k | €8k | €4k | €3k | ▼ 30.3% |
| Suppliers440/4 | €8k | €24k | €8k | €4k | €3k | ▼ 30.3% |
| Taxes, remuneration and social security45 | €3k | €594 | €1k | €858 | €1k | ▲ 29.3% |
| Taxes450/3 | €574 | €594 | €1k | €858 | €1k | ▲ 29.3% |
| Remuneration and social security454/9 | €3k | - | - | - | - | - |
| Other amounts payable47/48 | €13k | €13k | €12k | €24k | €25k | ▲ 4.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €441 | €743 | €1k | €183 | ▼ 85.8% |
| + Depreciation and write-downs630 | €6k | €6k | €502 | €502 | €160 | ▼ 68.2% |
| Operating cash flow (approximation) | €14k | €7k | €1k | €2k | €343 | ▼ 80.9% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €0 | - | - |
| Change in cash | - | €-2k | €-12k | €-2k | €3k | ▲ 233% |
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
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €183 ▼85.8%
Net result drops to €183, the lowest in the series.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Liquidity doublescurrent ratio 7.16
Current ratio from 3.13 to 7.16; short-term debt falls from €53k to €22k.
30-09
Financial
Equity above €150kEq €153k ▲6.3%
2 profitable years in a row build equity to €153k.
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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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, Ichtegem · 1 establishment unit since 2006
Ground area
1,271 m²
Building footprint
129 m²
Volume, LiDAR
670 m³
Parcel 35003B0162/00G002, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Devriendt Peter
since 20062.158.028.482
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35003B0162/00G002 | Flanders | 1,271 m² | 1 · 129 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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HENDRICKX P. ELECTRICITE
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,820 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
Founded06-12-2006
Fiscal year end30-09
Activities, NACEBEL 2025
43211General electrical installation work
43990Other specialised construction activities
Contact
E-mail
peter@electrodevriendt.be
Scores and ratios are computed by Checked and are not a credit decision.