DEVRIESE DIRK
ActiveDEVRIESE DIRK has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €269k and a net result of €16k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-6
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 19.86 against 23.17 in 2024; short-term debt: 4.4% and cash: 25.4% of total assets), and 4.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
higher
← 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
95.6%
Return on assets
5.8%
Age of the figures
12 mo
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 €269k
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 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
on the day
2022
30 d early
2021
31 d early
2020
on the day
2019
on the day
← before the deadline
after the deadline →
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
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€269k▲ 6.5%
2024 · €252k
2018: €275k
2019: €293k
2020: €257k
2021: €227k
2022: €239k
2023: €224k
2024: €252k
2018 → 2025
Total assets
€281k▲ 7.3%
2024 · €262k
2018: €357k
2019: €383k
2020: €310k
2021: €260k
2022: €255k
2023: €251k
2024: €262k
2018 → 2025
Net result
€16k▼ 42.7%
2024 · €29k
2018: €14k
2019: €29k
2020: €-36k
2021: €11k
2022: €12k
2023: €-2k
2024: €29k
2018 → 2025
Working capital
€233k▲ 9.9%
2024 · €212k
2018: €268k
2019: €260k
2020: €235k
2021: €215k
2022: €231k
2023: €223k
2024: €212k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€227k-€239k▲ 5.3%€224k▼ 6.2%€252k▲ 12.8%€269k▲ 6.5%
Operating result€-9k-€14k€-609€34k€24k▼ 31.7%
Net result€11k-€12k▲ 14.0%€-2k€29k€16k▼ 42.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €281k
Fixed assets
€36k▼ 11.2%
Current assets
€245k▲ 10.7%
Equity and liabilities €281k
Equity
€269k▲ 6.5%
Debt
€12k▲ 29.2%
The debt ratio rises from 3.6% to 4.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €35k
Cash flow
€25k▼
2024 · €29k
Solvency
95.6%▼
2024 · 96.4%
Current ratio
19.86▼
2024 · 23.17
Quick ratio
16.80▼
2024 · 21.93
Debt / equity
0.05▲
2024 · 0.04
ROE
6.1%▼
2024 · 11.3%
ROA
5.8%▼
2024 · 10.9%
Interest coverage
57.51▼
2024 · 76.89
Debt
€12k▲
2024 · €10k
Debt ≤ 1 year
€12k▲
2024 · €10k
Income taxes
€7k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€262k€281k▲
Fixed assets21/28€41k€36k▼
Tangible fixed assets22/27€41k€36k▼
Plant, machinery and equipment23€1k€939▼
Furniture and vehicles24€40k€35k▼
Current assets29/58€221k€245k▲
Stocks and contracts in progress3€12k€38k▲
Stocks30/36€12k€17k▲
Contracts in progress37-€21k
Amounts receivable within one year40/41€130k€131k▲
Trade receivables40€28k€30k▲
Other amounts receivable41€101k€101k▼
Cash at bank and in hand54/58€77k€71k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€262k€281k▲
Equity10/15€252k€269k▲
Contributions10/11€19k€19k=
Reserves13€234k€250k▲
Distributable reserves133€234k€250k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€10k€12k▲
Amounts payable within one year42/48€10k€12k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€10k€12k▲
Suppliers440/4€10k€12k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€192€9k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€37k€34k▼
Operating profit (loss)9901€34k€24k▼
Financial income75/76B€141€339▲
Recurring financial income75€141€339▲
Financial charges65/66B€451€567▲
Recurring financial charges65€451€567▲
Profit (loss) for the period before taxes9903€34k€23k▼
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€29k€16k▼
Profit (loss) for the period to be appropriated9905€29k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€16k▼
Transfer from equity791/2€0-
Transfer to equity691/2€29k€16k▼
To the legal reserve6920€29k€0▼
To other reserves6921-€16k
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
30-09
Financial
Liquidity triplescurrent ratio 23.17
Current ratio from 9.21 to 23.17; short-term debt falls from €27k to €10k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-36k ▼221%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €29k ▲110%
Operating result €38k, net result €29k, both a record.
14-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortrijk · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Iepersestraat(Kor) 1758500 KortrijkGround area
939 m²
Building footprint
163 m²
Volume, LiDAR
787 m³
Parcel 34352C0455/00V002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Iepersestraat(Kor) 175, 8500 Kortrijk
since 20032.126.673.233
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352C0455/00V002 | Flanders | 939 m² | 1 · 163 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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PHILWOODDESIGN
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Menuiserie Benoît POLET
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,048 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2003
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
45421
45422
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
51532
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.