Devriendt Steven
ActiveSummary
Devriendt Steven has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152k and a net result of €12k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 75% of 2198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-2
Solvency88▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.73 against 2.27 in 2024; short-term debt: 9.2% and cash: 17.7% of total assets), and 36.9% of the assets are financed with debt.
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Signals
Five 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
63.1%
Return on assets
4.9%
Age of the figures
9 mo
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 · 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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €152k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
35 d early
2023
55 d early
2022
21 d early
2021
100 d early
2020
15 d early
2019
32 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€152k▲ 8.4%
2024 · €140k
Total assets
€241k▲ 12.0%
2024 · €215k
Net result
€12k▼ 12.0%
2024 · €13k
Working capital
€38k▲ 36.2%
2024 · €28k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19k€6k▼ 70.9%€36k▲ 559%€22k▼ 39.6%€19k▼ 14.7%
Net result€6k€3k▼ 42.8%€23k▲ 609%€13k▼ 40.7%€12k▼ 12.0%
Equity€132k▲ 4.4%€135k▲ 2.4%€127k▼ 6.4%€140k▲ 10.5%€152k▲ 8.4%
Total assets€271k▼ 9.4%€247k▼ 9.0%€216k▼ 12.4%€215k▼ 0.5%€241k▲ 12.0%
Debt€139k▼ 19.5%€111k▼ 19.8%€89k▼ 19.8%€75k▼ 16.3%€89k▲ 18.9%
Working capital€24k▲ 69.0%€34k▲ 45.3%€14k▼ 59.1%€28k▲ 101%€38k▲ 36.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241k
Fixed assets
€180k ▲ 9.5%
Current assets
€61k ▲ 20.3%
Equity and liabilities €241k
Equity
€152k ▲ 8.4%
Debt
€89k ▲ 18.9%
Debt's share of the balance-sheet total rises from 34.8% to 36.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▼
2024 · €36k
Cash flow
€24k▼
2024 · €28k
Current ratio
2.73▲
2024 · 2.27
Quick ratio
2.68▲
2024 · 2.20
Debt to equity
0.58▲
2024 · 0.53
ROE
7.7%▼
2024 · 9.5%
ROA
4.9%▼
2024 · 6.2%
Interest coverage
8.79▲
2024 · 8.56
Debt ≤ 1 year
€22k=
2024 · €22k
Debt > 1 year
€66k▲
2024 · €52k
Income taxes
€4k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €10k | €5k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €20k | €13k | €14k | €13k | ▼ 11.9% |
| Other operating charges640/8 | €2k | €3k | €2k | €2k | €2k | ▼ 6.7% |
| Non-recurring operating charges66A | - | - | €2k | - | €1k | - |
| Gross operating margin9900 | €48k | €29k | €53k | €39k | €35k | ▼ 10.5% |
| Operating profit (loss)9901 | €19k | €6k | €36k | €22k | €19k | ▼ 14.7% |
| Financial income75/76B | €89 | €509 | €387 | €662 | €193 | ▼ 70.9% |
| Recurring financial income75 | €89 | €509 | €387 | €662 | €193 | ▼ 70.9% |
| Financial charges65/66B | €3k | €3k | €4k | €4k | €4k | ▼ 15.8% |
| Recurring financial charges65 | €3k | €3k | €4k | €4k | €4k | ▼ 15.8% |
| Profit (loss) for the period before taxes9903 | €16k | €3k | €33k | €18k | €15k | ▼ 16.4% |
| Income taxes67/77 | €10k | €318 | €10k | €5k | €4k | ▼ 28.2% |
| Profit (loss) for the period9904 | €6k | €3k | €23k | €13k | €12k | ▼ 12.0% |
| Transfer from tax-exempt reserves789 | €43k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €49k | €3k | €23k | €13k | €12k | ▼ 12.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €271k | €247k | €216k | €215k | €241k | ▲ 12.0% |
| Fixed assets21/28 | €201k | €181k | €179k | €164k | €180k | ▲ 9.5% |
| Tangible fixed assets22/27 | €201k | €181k | €179k | €164k | €180k | ▲ 9.5% |
| Land and buildings22 | €173k | €166k | €159k | €152k | €145k | ▼ 4.6% |
| Plant, machinery and equipment23 | €8k | - | €10k | €8k | €6k | ▼ 26.7% |
| Furniture and vehicles24 | €21k | €15k | €10k | €5k | €30k | ▲ 510% |
| Current assets29/58 | €69k | €65k | €37k | €50k | €61k | ▲ 20.3% |
| Stocks and contracts in progress3 | €6k | €6k | €2k | €2k | €1k | ▼ 34.7% |
| Stocks30/36 | €6k | €6k | €2k | €2k | €1k | ▼ 34.7% |
| Amounts receivable within one year40/41 | €9k | €11k | €17k | €28k | €15k | ▼ 44.6% |
| Trade receivables40 | €8k | €3k | €11k | €23k | €10k | ▼ 57.6% |
| Other amounts receivable41 | €1k | €8k | €6k | €5k | €6k | ▲ 20.8% |
| Cash at bank and in hand54/58 | €53k | €47k | €17k | €20k | €43k | ▲ 118% |
| Deferred charges and accrued income490/1 | €2k | €1k | €1k | €1k | €2k | ▲ 8.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €271k | €247k | €216k | €215k | €241k | ▲ 12.0% |
| Equity10/15 | €132k | €135k | €127k | €140k | €152k | ▲ 8.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €114k | €117k | €108k | €122k | €133k | ▲ 9.7% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €112k | €115k | €108k | €122k | €133k | ▲ 9.7% |
| Amounts payable17/49 | €139k | €111k | €89k | €75k | €89k | ▲ 18.9% |
| Amounts payable after more than one year17 | €92k | €79k | €65k | €52k | €66k | ▲ 27.3% |
| Financial debts170/4 | €92k | €79k | €65k | €52k | €66k | ▲ 27.3% |
| Amounts payable within one year42/48 | €46k | €31k | €23k | €22k | €22k | = |
| Current portion of amounts payable after more than one year42 | €23k | €13k | €13k | €14k | €15k | ▲ 12.0% |
| Trade debts44 | €609 | €2k | €934 | €3k | €3k | ▼ 5.2% |
| Suppliers440/4 | €609 | €2k | €934 | €3k | €3k | ▼ 5.2% |
| Taxes, remuneration and social security45 | €3k | €2k | €2k | €11 | €120 | ▲ 991% |
| Taxes450/3 | €2k | €318 | - | €11 | €120 | ▲ 991% |
| Remuneration and social security454/9 | €2k | €2k | €2k | - | - | - |
| Other amounts payable47/48 | €19k | €14k | €7k | €6k | €4k | ▼ 27.1% |
| Accrued charges and deferred income492/3 | €806 | €656 | €576 | €494 | €388 | ▼ 21.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €3k | €23k | €13k | €12k | ▼ 12.0% |
| + Depreciation and write-downs630 | €27k | €20k | €13k | €14k | €13k | ▼ 11.9% |
| Operating cash flow (approximation) | €32k | €23k | €35k | €28k | €24k | ▼ 11.9% |
| Investment in fixed assets (approximation) | - | €0 | €-11k | €0 | €-28k | - |
| Change in cash | - | €-6k | €-30k | €3k | €23k | ▲ 751% |
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
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150kEq €152k ▲8.4%
5 profitable years in a row build equity to €152k.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €23k ▲609%
Operating result €36k, net result €23k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Torhout · 1 establishment unit since 2012
Ground area
765 m²
Building footprint
169 m²
Volume, LiDAR
968 m³
Parcel 31524D1763/00H000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Camiel Meysmanstraat 38, 8820 Torhout
since 20122.207.447.707
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31524D1763/00H000 | Flanders | 765 m² | 1 · 169 m² | 8.3 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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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 12,615 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
Founded31-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.