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DEVRIENDT PETER

Active Private limited companyfounded 2006active for 19 yearsWestkerkestraat 141, 8480 IchtegemKBO/BCE: BE 0885.593.469

Lifetime

18 annual accounts with figures on one time axis
peak €98,415 (2008)
€1,667▼ 62.9%
peak €51,287 (2008)
€183▼ 85.8%
peak €154,735 (2020)
€91,410▼ 8.9%
€29,196▲ 1.0%
Board1 name since 2006
- 
Documentsfilings and deeds
24-03-202637 days before the deadline
2025micro format
Gross margin from €4,491 to €1,667Result from €1,290 to €183Dividend €9,078

Key points

from the 2025 annual accounts

Equity

€91,410 ▼ 8.9%
100,3052024+183Profit-9,078Dividend91,4102025

DEVRIENDT PETER paid out €9,078 in dividends. That is 4,955% of the 2025 profit.

Turnover

≈ €14,000 estimated

The micro format states no turnover.

Filings

18 annual accounts since 2008
deadline2010201520202025

The last five annual accounts were filed 3 to 37 days before the end of the period.

Checked score

95
Excellent
Financially stronger than 60% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

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

Last 24 months 12-2024: < 0.1%lowest value 01-2025: 0.1%▲ +0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 75.8% of total assets
91-1short-term debt 24.2% · cash 47.8%
69+19return on assets 0.2%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 4.13, cash €57,706
Equity €91,410 (75.8% of total assets)
Founded in 2006
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 90% of them on solvency, 88% on liquidity, 35% on profitability and 25% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as DEVRIENDT PETER has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of DEVRIENDT PETER itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 10,904 companies, not a prediction for DEVRIENDT PETER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €8,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.13 (4.47 in 2024), above the usual 1.5. Short-term debt is 24.2% and cash 47.8% of total assets. 24.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.13, cash €57,706
NBB · annual accounts
lowers risk · Equity €91,410 (75.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 filings
Deviation from the deadline
2025
37 days early
2024
30 days early
2023
35 days early
2022
31 days early
2021
3 days early
2020
31 days early
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
DP
Director, until 2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0885593469
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments Change of role: DEVRIENDT Peter, from manager to director · “zoals vermeld in agenda” (deed in Dutch) · General meeting of 22-03-2023 · Gazette deed
First establishment Westkerkestraat 141, Ichtegem
Incorporation published on 20-12-2006 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
DEVRIENDT PETER Ichtegem €120,606 €1,667 75.8% -
DELEU IVAN Staden €120,173 €1,384 35.8% -
ALARME VIDEO EXPERTISE Namur €130,849 €1,916 1.0% -
JAROTECH Sint-Truiden €113,694 €1,425 94.1% -
POWER TECHNIC EN CONSULTING Torhout €126,670 -€14,041 -21.5% -
BOSSCHAERT JAN Wingene €142,018 -€2,240 61.9% -
INELEK Schaerbeek €114,435 €2,288 17.2% -

These companies have the same main activity as DEVRIENDT PETER: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €114,000 and €142,000, founded between 2004 and 2008.

Official details

Source: KBO
Status
Active since 06-12-2006Normal situation
Activity
General electrical installation workNACE 43211and 1 other
Establishment unit
2.158.028.4828480 Ichtegem, since 19-12-2006
Financial year end
30 September
Peppol
Reachable since 06-10-2025
Company details

Annual accounts to 30-09-2025

€120,606▼ 6.7%
Filing
Filed on 24-03-2026, 37 days before the end of the filing period
Financials

Insights on DEVRIENDT PETER

DEVRIENDT PETER files the micro format. That format states no turnover. The gross margin fell from €98,415 in 2008 to €1,667 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DEVRIENDT PETER

What is the company number of DEVRIENDT PETER?
The company number of DEVRIENDT PETER is 0885.593.469. The VAT number is the same number with BE in front: BE 0885.593.469.
Where is DEVRIENDT PETER based?
The registered office is at Westkerkestraat 141, 8480 Ichtegem.Company details
What does DEVRIENDT PETER do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of DEVRIENDT PETER?
DEVRIENDT PETER is a private limited company (BV).
When was DEVRIENDT PETER founded?
DEVRIENDT PETER was founded on 06-12-2006.
Is DEVRIENDT PETER still active?
Yes, DEVRIENDT PETER is an active enterprise in the KBO register.
What is the turnover of DEVRIENDT PETER?
The turnover in financial year 2025 is ≈ €14,000. This figure is estimated from the gross margin of €1,667 and 97 comparable companies (NACE 43211). It probably lies between €9,000 and €29,000. It is a rough estimate.Financials
Is DEVRIENDT PETER profitable?
In financial year 2025, DEVRIENDT PETER made a profit of €183.
Where can I find the annual accounts of DEVRIENDT PETER?
DEVRIENDT PETER filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEVRIENDT PETER due?
DEVRIENDT PETER must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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