DEVRIESE SANDER
ActiveThe computed 12-month bankruptcy probability of DEVRIESE SANDER is 2.5% (moderate). The 2025 annual accounts show equity of €89k and a net result of €39k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 4527 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+10
Solvency77▲+6
Growth32=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 1.82 in 2024; short-term debt: 41.3% and cash: 70.5% of total assets), and 48.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
51.8%
Return on assets
22.8%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
21 d early
2023
44 d early
2022
20 d early
2021
30 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▼ 5.8%
2024 · €95k
2021: €116k
2022: €148k
2023: €183k
2024: €95k
2021 → 2025
Total assets
€172k▼ 15.6%
2024 · €204k
2021: €278k
2022: €340k
2023: €345k
2024: €204k
2021 → 2025
Net result
€39k▲ 33.1%
2024 · €29k
2021: €67k
2022: €33k
2023: €35k
2024: €29k
2021 → 2025
Working capital
€95k▲ 45.9%
2024 · €65k
2021: €69k
2022: €102k
2023: €142k
2024: €65k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€116k-€148k▲ 28.0%€183k▲ 23.3%€95k▼ 48.2%€89k▼ 5.8%
Operating result€77k-€45k▼ 41.0%€49k▲ 7.8%€41k▼ 16.4%€52k▲ 27.3%
Net result€67k-€33k▼ 50.2%€35k▲ 6.4%€29k▼ 16.6%€39k▲ 33.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172k
Fixed assets
€6k▼ 89.5%
Current assets
€166k▲ 15.0%
Equity and liabilities €172k
Equity
€89k▼ 5.8%
Debt
€83k▼ 24.1%
The debt ratio falls from 53.5% to 48.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€106k▲
2024 · €100k
Cash flow
€93k▲
2024 · €88k
Solvency
51.8%▲
2024 · 46.5%
Current ratio
2.33▲
2024 · 1.82
Quick ratio
2.33▲
2024 · 1.82
Debt / equity
0.93▼
2024 · 1.15
ROE
44.0%▲
2024 · 31.1%
ROA
22.8%▲
2024 · 14.5%
Interest coverage
36.75▲
2024 · 26.11
Debt
€83k▼
2024 · €109k
Debt ≤ 1 year
€71k▼
2024 · €79k
Debt > 1 year
€11k▼
2024 · €29k
Income taxes
€10k▲
2024 · €8k
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€204k€172k▼
Fixed assets21/28€60k€6k▼
Tangible fixed assets22/27€60k€6k▼
Furniture and vehicles24€23k€3k▼
Leasing and similar rights25€37k€3k▼
Financial fixed assets28€135€135=
Current assets29/58€144k€166k▲
Amounts receivable within one year40/41€41k€43k▲
Trade receivables40€39k€43k▲
Other amounts receivable41€2k€91▼
Cash at bank and in hand54/58€101k€121k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€204k€172k▼
Equity10/15€95k€89k▼
Contributions10/11€50k€50k=
Reserves13€45k€39k▼
Distributable reserves133€45k€39k▼
Amounts payable17/49€109k€83k▼
Amounts payable after more than one year17€29k€11k▼
Financial debts170/4€29k€11k▼
Amounts payable within one year42/48€79k€71k▼
Current portion of amounts payable after more than one year42€49k€18k▼
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Taxes, remuneration and social security45€9k€5k▼
Taxes450/3€9k€5k▼
Other amounts payable47/48€13k€44k▲
Accrued charges and deferred income492/3€736€877▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€53k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€101k€107k▲
Operating profit (loss)9901€41k€52k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€37k€49k▲
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€29k€39k▲
Profit (loss) for the period to be appropriated9905€29k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€39k▲
Transfer from equity791/2€118k€45k▼
Transfer to equity691/2€29k€39k▲
To other reserves6921€29k€39k▲
Profit to be distributed694/7€118k€45k▼
Return on contributions (dividend)694€118k€45k▼
The notes to these accounts (6 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €29k ▼16.6%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €183k ▲23.3%
3 profitable years in a row build equity to €183k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Zedelgem · 1 establishment unit since 2020
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.
Groenestraat 61/02028210 ZedelgemGround area
665 m²
Building footprint
162 m²
Volume, LiDAR
790 m³
Parcel 31040B0484/00V003, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVRIESE SANDER
since 20202.306.715.329
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040B0484/00V003 | Flanders | 665 m² | 1 · 161 m² | 9.9 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 240 EUR awarded · 240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 135 EUR | 135 EUR |
| 2024 | 1 | 105 EUR | 105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,605 companies in sector 49410 we hold annual accounts for 8,195. 6,315 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-2020
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52210Service activities incidental to land transportation
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.