Devroe Engineering
ActiveSummary
Devroe Engineering has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,291 and a net result of €14,842. Its solvency ranks better than 12% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-01-2024 Normal situation
- Activity
- Joinery installation NACE 43320and 5 others
- Establishment unit
- 2.354.576.020 3090 Overijse, since 15-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 18-06-2025
Board and ownership
Board
- Quentin DevroeManager
- Auditor
- Bv Robrechts Lenaerts Bedrijfsrevisoren – Réviseurs d’entreprises
- Holdings
- Shares in 1 company Dekimo Leuven
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
Annual accounts 2025
- Gross margin
- €50,751
- Turnover
- ≈ €220,000
- estimated
- Profit
- €14,842
- Equity
- €46,291
- Total assets
- €472,991
Filed on 31-07-2026, on time
Score breakdownraises riskFounded in 2024Sector: Specialised construction activities (NACE 43)Equity €46,291 (9.8% of total assets)lowers riskSize: total assets €472,991Show the evidence
Checked score
Score 2025
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 28% of micro companies in specialised construction (NACE 43)
Financial strength
Average
Solvency
35
equity 9.8% of total assets
Liquidity
50
short-term debt 26.6% · cash 8.4%
Profitability
56
return on assets 3.1%
Bankruptcy probability within 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 1.9%
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 2.0%▲ +0.1 percentage points vs 03-2025
05-2025: 2.3%▲ +0.3 percentage points vs 04-2025
06-2025: 2.4%▲ +0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.3 percentage points vs 06-2025
08-2025: 3.0%▲ +0.3 percentage points vs 07-2025
09-2025: 3.0%● unchanged vs 08-2025
10-2025: 2.9%▼ -0.1 percentage points vs 09-2025
11-2025: 2.9%● unchanged vs 10-2025
12-2025: 3.2%▲ +0.3 percentage points vs 11-2025
01-2026: 3.3%▲ +0.1 percentage points vs 12-2025
02-2026: 3.3%● unchanged vs 01-2026highest value
03-2026: 3.3%● unchanged vs 02-2026highest value
04-2026: 3.3%● unchanged vs 03-2026highest value
05-2026: 3.3%● unchanged vs 04-2026highest value
06-2026: 3.3%● unchanged vs 05-2026highest value
07-2026: 3.3%● unchanged vs 06-2026highest value
08-2026: 1.1%▼ -2.2 percentage points vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.0%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.6, below 1. Short-term debt is 26.6% and cash 8.4% of total assets. 90.2% of the assets are financed with debt and provisions.
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 14% of them on solvency, 44% on liquidity and 27% on profitability.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 9883 sector peers (2025).
NBB · sector comparisonPosition among 9883 sector peers
Solvency
better than 12%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Searched, nothing found (1)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 31-07-2026 at the NBB
Turnover
≈ €220,000
Estimated: probably between €150,000 and €320,000
Total assets
€472,991
Net result
€14,842
Working capital
-€50,366
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €472,991
Fixed assets
€397,540
Current assets
€75,451
Equity and liabilities €472,991
Equity
€46,291
Debt
€426,700
Debt's share of the balance-sheet total is 90.2%.
Key figures and ratios
EBITDA
€50,408
Cash flow
€31,404
Current ratio
0.60
Debt to equity
9.22
ROE
32.1%
ROA
3.1%
Interest coverage
4.05
Debt ≤ 1 year
€125,817
Debt > 1 year
€300,883
Income taxes
€7,058
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,461 |
| Depreciation and write-downs of the year | €16,562 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €150 awarded · €150 paidComparable companies
These companies have the same main activity as Devroe Engineering: joinery installation (NACE 43320). They are comparable in size and age: total assets between €433,000 and €513,000, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| Devroe Engineering Overijse | 2024 | €472,991 | €46,291 | €50,751 | €14,842 | 2025 |
| GERAERTS INTERIEUR Wellen | 2023 | €469,894 | €12,788 | €50,273 | €8,134 | 2025 |
| Richard Muësen Hoogstraten | 2023 | €432,592 | €78,235 | €48,364 | €29,284 | 2025 |
| Algemene Schrijnwerkerij Van de Velde Zandhoven | 2023 | €441,614 | €72,173 | €58,895 | €40,751 | 2025 |
| HM INTERIEUR Rijkevorsel | 2023 | €512,719 | €20,200 | €63,380 | €8,923 | 2025 |
| VI CONSTRUCT Buggenhout | 2023 | €438,241 | €142,333 | €56,425 | €36,824 | 2025 |
| Schreinerei Braun Eupen | 2024 | €487,565 | €55,185 | €73,208 | €19,840 | 2025 |
They were chosen from the 9,053 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,562 |
| Other operating charges640/8 | €344 |
| Gross operating margin9900 | €50,751 |
| Operating profit (loss)9901 | €33,845 |
| Financial income75/76B | €514 |
| Recurring financial income75 | €514 |
| Financial charges65/66B | €12,460 |
| Recurring financial charges65 | €12,460 |
| Profit (loss) for the period before taxes9903 | €21,900 |
| Income taxes67/77 | €7,058 |
| Profit (loss) for the period9904 | €14,842 |
| Profit (loss) for the period to be appropriated9905 | €14,842 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €472,991 | |
| Fixed assets21/28 | €397,540 | |
| Tangible fixed assets22/27 | €42,873 | |
| Plant, machinery and equipment23 | €2,503 | |
| Furniture and vehicles24 | €40,370 | |
| Financial fixed assets28 | €354,667 | |
| Current assets29/58 | €75,451 | |
| Amounts receivable within one year40/41 | €35,938 | |
| Trade receivables40 | €35,938 | |
| Current investments50/53 | €0 | |
| Cash at bank and in hand54/58 | €39,513 | |
| Deferred charges and accrued income490/1 | €0 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €472,991 | |
| Equity10/15 | €46,291 | |
| Contributions10/11 | €100 | |
| Reserves13 | €46,191 | |
| Distributable reserves133 | €46,191 | |
| Profit (loss) carried forward14 | €0 | |
| Amounts payable17/49 | €426,700 | |
| Amounts payable after more than one year17 | €300,883 | |
| Financial debts170/4 | €300,883 | |
| Amounts payable within one year42/48 | €125,817 | |
| Current portion of amounts payable after more than one year42 | €39,690 | |
| Trade debts44 | €7,350 | |
| Suppliers440/4 | €7,350 | |
| Advances received on contracts in progress46 | €37,707 | |
| Taxes, remuneration and social security45 | €25,110 | |
| Taxes450/3 | €24,459 | |
| Remuneration and social security454/9 | €651 | |
| Other amounts payable47/48 | €15,961 | |
| Accrued charges and deferred income492/3 | €0 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €14,842 |
| + Depreciation and write-downs630 | €16,562 |
| Operating cash flow (approximation) | €31,404 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00384662 | NBB |
Board & ownership
Directors
Directors
1 director, no change since 2024
Board 1
Quentin Devroe
Current
Statutory manager · appointed in the act of 17-01-2024 · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 31-07-2026
Statutory auditor 1
Bv Robrechts Lenaerts Bedrijfsrevisoren – Réviseurs d’entreprises
Current
Auditor · appointed in the act of 17-10-2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 17-10-2025Owners and capital
Shareholders
At incorporation
act of 17-01-2024 ↗
- Quentin Devroe 99 shares (99%) · €99 · volstort
- Eric Devroe 1 share (1%) · €1 · volstort
Capital transactions
Capital over time
- 17-01-2024 Incorporation · €100 · 100 shares
Mandate history
2 people, 2 in office
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Quentin Devroe |
|
| Bv Robrechts Lenaerts Bedrijfsrevisoren – Réviseurs d’entreprises |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Na aftrek van aandelen waarvan overdracht wordt voorgesteld, voor helft ten laste overdrager en helft ten laste koper(s),naar evenredigheid…”
Articles of association, deed of 17-10-2025 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity €1.1m Profit of €422,299 in 2025 (profit of €40,065 in 2024) Checked score 9725.33%
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Dekimo Louvain-la-Neuve
via Quentin Devroe · Additional director
→
Timeline
Acts, filings and financial milestones
2026
31-07
abbreviated format · on the deadline day
2025
17-10
Gazette deed
Appointment: Bv Robrechts Lenaerts Bedrijfsrevisoren – Réviseurs d’entreprises (statutory auditor)Legal-form conversion · Declaration · Auditor report17 points ▸
Gazette deed
Appointment: Bv Robrechts Lenaerts Bedrijfsrevisoren – Réviseurs d’entreprises (statutory auditor)
Legal-form conversion · Declaration · Auditor report17 points ▸
- General meeting, “3090 Overijse,Langeweg 115, BE1004.686.804” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Other provision, “vrijstelling voorlezing verslagen, voorzitter” (deed in Dutch)
- Declaration, “vennoten, kennisname en aanhechting verslagen” (deed in Dutch)
- Auditor appointment, Bv Robrechts Lenaerts Bedrijfsrevisoren – Réviseurs d’entreprises
- Auditor report, “relevante deontologische vereisten nageleefd, verkregen onderbouwende informatie voldoende en geschikt” (deed in Dutch)
- Auditor report, “staat opgemaakt door bestuursorgaan, verantwoordelijkheid en werkzaamheden bedrijfsrevisor” (deed in Dutch)
- Auditor report, “geen controleoordeel, voldoende en geschikt” (deed in Dutch)
- Auditor report, 26-09-2025
- Other provision, “staat van activa en passiva afgesloten per 2025-06-30, vermogenscontinuïteit bij omzetting” (deed in Dutch)
- Other provision, “elektronisch aandelenregister, voortaan kan gewerkt worden met elektronisch aandelenregister” (deed in Dutch)
- Amendment of the articles, 7
- The act holds 5 more points.
2024
17-01
Gazette deed
IncorporationStarting capital €100 · Appointment: Quentin Devroe (statutory manager)6 points ▸
Gazette deed
Incorporation
Starting capital €100 · Appointment: Quentin Devroe (statutory manager)6 points ▸
- Incorporation, “Devroe Engineering” (deed in Dutch)
- Founding capital, €100
- Capital
- Director appointment, Quentin Devroe (statutory manager)
- Director in office, Quentin Devroe (statutory manager)
- Other provision, “woonplaatskeuze, statutair zaakvoerder” (deed in Dutch)
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Devroe Engineering in Dutch
Enterprise number
1004.686.804
Legal form
Private limited company
Status
Active, normale toestand
Founded
15-01-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-01-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Devroe Engineering, besloten vennootschap
deed of 17-10-2025 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, administratieve zetels agentschappen werkhuizen stapelplaatsen bijkantoren”
deed of 17-10-2025 (in Dutch)Registered office and establishments
Registered office
Langeweg 115, 3090 Overijse, Belgium
Establishment unit
Devroe, Langeweg 115, 3090 Overijse since 15-01-2024 · unit number 2.354.576.020
Activities
NACEBEL 202543320
Joinery installation main activity
25401
Forging of metal
31009
Manufacture of furniture
43221
Plumbing work
71121
Engineering and related technical consultancy, excluding land surveyors
74991
Agents and managers of artists, athletes and other public figures
Codes under NACEBEL 2008
43320
Joinery installation main activity
25501
Manufacture of fabricated metal products, except machinery and equipment
31099
Manufacture of furniture
43221
Plumbing
71121
Engineering activities
74901
Other professional, scientific and technical activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 17-01-2024 (in Dutch)
“Vervaardiging van producten uit staal en hout en plaatsing daarvan zoals kasten, keukens, dressings, leuningen; Consultancy als ingenieur…”
11 activities
- Vervaardiging van producten uit staal en hout en plaatsing daarvan zoals kasten, keukens, dressings, leuningen....
- Consultancy als ingenieur.
- Werkzaam op evenementen als stagehand of stage-manager.
- Loodgieterij, elektriciteitswerken en verbouwingswerken.
- Behandeling van oppervlaktes zoals vloeren en wanden.
- Het uitbaten van een HORECA-gelegenheid en HORECA-activiteiten, al dan niet ambulant.
- Het aanleggen, oordeelkundig uitbouwen en beheren van een onroerend en roerend vermogen; alle verrichtingen met betrekking tot onroerende en roerende goederen en rechten, van welke aard ook, zoals de aan- en verkoop, de huur en verhuur, de ruil, het beheer en de valorisatie van alle verhandelbare papieren, obligaties, en dergelijke.
- Het verwerven en aanhouden van participaties in eender welke vorm, in alle bestaande of op te richten industriële, commerciële, financiële, landbouw- of immobiliënondernemingen, het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- Daartoe kan de vennootschap samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak. Zij zal zich mogen interesseren, door inbreng, fusie, participatie of anderszins in bestaande en op te richten maatschappijen, ondernemingen of verenigingen, waarvan het voorwerp geheel of gedeeltelijk identiek, analoog of gelijk is aan of samenhangend met dit van deze vennootschap, evenals het bestuur en de vereffening van, en om het even welk mandaat in andere vennootschappen, ondernemingen of verenigingen waarnemen.
- De vennootschap kan eveneens optreden als zaakvoerder, bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of ondernemingen, alsook tussenkomen in het dagelijks bestuur van andere vennootschappen en overige managementactiviteiten van holdings uitoefenen.
- De vennootschap mag alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp en, in het algemeen, alle handelingen verrichten die van aard zouden zijn de verwezenlijking van haar voorwerp, geheel of ten dele, te vergemakkelijken, te bevorderen of te begunstigen.
Invoicing and payment
VAT number
BE 1004.686.804
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1004.686.804
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 17-10-2025 (in Dutch)Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
“Unanimiteit van stemmen, door de aanwezige en geldig vertegenwoordigde stemmen”
deed of 17-01-2024 (in Dutch)Recognitions · licences · registrations
Legal Entity Identifier
9845006951C515Z7EB20
Sites & property
Location
Buildings and parcels at the address
Ground area
3,157 m²
Building footprint
135 m²
Building volume
609 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23543K0179/00C005 | Flanders | 3,157 m² | 1 · 135 m² | 8.8 m · 2 |