Devroye Instruments
ActiveThe computed 12-month bankruptcy probability of Devroye Instruments is 2.9% (moderate). The 2025 annual accounts show equity of €1.08M and a net result of €512k. Equity is growing by ~39% per year across the filed fiscal years. Its solvency ranks better than 69% of 7932 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency88▼-3
Growth78=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.4 in 2024; short-term debt: 36.7% and cash: 46.7% of total assets), and 36.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
63.3%
Return on assets
30.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
16 d early
2024
29 d late
2023
5 d late
2022
7 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€512k▼ 15.2%
2024 · €604k
2022: €340k
2023: €503k
2024: €604k
2022 → 2025
Working capital
€791k▼ 23.8%
2024 · €1.04M
2022: €288k
2023: €768k
2024: €1.04M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€340k-€844k▲ 148%€1.45M▲ 71.5%€1.08M▼ 25.6%
Operating result€459k-€670k▲ 45.9%€824k▲ 23.1%€757k▼ 8.1%
Net result€340k-€503k▲ 47.9%€604k▲ 19.9%€512k▼ 15.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.70M
Fixed assets
€286k▼ 30.1%
Current assets
€1.42M▼ 20.5%
Equity and liabilities €1.70M
Equity
€1.08M▼ 25.6%
Debt
€625k▼ 15.8%
The debt ratio rises from 33.9% to 36.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€897k▼
2024 · €932k
Cash flow
€652k▼
2024 · €711k
Solvency
63.3%▼
2024 · 66.1%
Current ratio
2.27▼
2024 · 2.40
Quick ratio
1.62▼
2024 · 2.01
Debt / equity
0.58▲
2024 · 0.51
ROE
47.5%▲
2024 · 41.7%
ROA
30.1%▲
2024 · 27.6%
Interest coverage
11.00▼
2024 · 32.73
Debt
€625k▼
2024 · €742k
Debt ≤ 1 year
€625k▼
2024 · €742k
Income taxes
€184k▼
2024 · €209k
Staff costs
€758k▲
2024 · €642k
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€2.19M€1.70M▼
Fixed assets21/28€409k€286k▼
Intangible fixed assets21€188k€147k▼
Tangible fixed assets22/27€221k€139k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€216k€121k▼
Other tangible fixed assets26-€14k
Current assets29/58€1.78M€1.42M▼
Stocks and contracts in progress3€289k€406k▲
Stocks30/36€289k€406k▲
Amounts receivable within one year40/41€168k€197k▲
Trade receivables40€79k€159k▲
Other amounts receivable41€90k€37k▼
Cash at bank and in hand54/58€1.30M€794k▼
Deferred charges and accrued income490/1€24k€19k▼
Equity and liabilities
Total equity and liabilities10/49€2.19M€1.70M▼
Equity10/15€1.45M€1.08M▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€1.43M€1.06M▼
Amounts payable17/49€742k€625k▼
Amounts payable within one year42/48€742k€625k▼
Financial debts43-€991
Credit institutions430/8-€991
Trade debts44€234k€120k▼
Suppliers440/4€234k€120k▼
Taxes, remuneration and social security45€450k€300k▼
Taxes450/3€376k€216k▼
Remuneration and social security454/9€74k€83k▲
Other amounts payable47/48€59k€204k▲
Income statement
Code20242025
Non-recurring operating income76A€1k-
Remuneration, social security and pensions62€642k€758k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€140k▲
Other operating charges640/8€6k€15k▲
Non-recurring operating charges66A€595-
Gross operating margin9900€1.58M€1.67M▲
Operating profit (loss)9901€824k€757k▼
Financial income75/76B€16k€20k▲
Recurring financial income75€16k€20k▲
Financial charges65/66B€28k€82k▲
Recurring financial charges65€28k€82k▲
Profit (loss) for the period before taxes9903€812k€696k▼
Income taxes67/77€209k€184k▼
Profit (loss) for the period9904€604k€512k▼
Profit (loss) for the period to be appropriated9905€604k€512k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.43M€1.94M▲
Profit (loss) brought forward from the previous period14P€824k€1.43M▲
Profit to be distributed694/7-€882k
Return on contributions (dividend)694-€882k
Social balance
Average headcount (FTE)90877.98.7▲
The notes to these accounts (8 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Highest result since 2022net €604k ▲19.9%
Operating result €824k, net result €604k, both a record.
31-12
Financial
Equity above €1MEq €1.45M ▲71.5%
3 profitable years in a row build equity to €1.45M.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 5 days late
2023
31-12
Financial
Equity above €500kEq €844k ▲148%
2 profitable years in a row build equity to €844k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Etterbeek · 2 establishment units since 2021
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.
Tervurenlaan 341040 EtterbeekGround area
3,287 m²
Building footprint
1,858 m²
Volume, LiDAR
24,362 m³
Parcel 21005A0576/00G002, Brussels · tallest building 27.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Devroye Instruments
since 20212.325.923.111
Tervurenlaan 36, 1040 Etterbeek
since 20252.378.069.519
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0576/00G002 | Brussels | 3,287 m² | 1 · 1,858 m² | 27.9 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
AT - MEDICALS
BE 0502.815.039
Hulshout · Eq €1.07M
LABO'LIFE BELGIUM
BE 0472.212.529
Namur · Eq €1.08M
S.A. NOVO NORDISK PHARMA N.V.
BE 0414.695.586
Dilbeek · Eq €1.07M
Motion Medical Holding
BE 0785.521.143
Les Bons Villers · Eq €1.07M
VERACHTERT DIGITAL
BE 0893.578.054
Antwerpen · Eq €1.07M
Of 1,896 companies in sector 46460 we hold annual accounts for 1,116. 748 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2021
Fiscal year end31-12
Activities, NACEBEL
46460Wholesale of pharmaceutical and medical goods
26600Manufacture of computer, electronic and optical products
77225Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.