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DEVSQUARE

Active Private limited companyfounded 2024active for 2 yearsRue de Bellaire 9, 4802 VerviersKBO/BCE: BE 1011.719.403

Lifetime

1 annual account with figures
peak €4,736 (2025)
€4,736 
peak €2,731 (2025)
€2,731 
peak €7,731 (2025)
€7,731 
€22,349 
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
10-12-202552 days before the deadline
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €26,000 estimated

The micro format states no turnover.

Debts

€22,349 74% of the balance sheet
Suppliers 84%Taxes and wages 16%

Position in the sector

€7,731

Less equity than 84% of companies in computer programming and consultancy. Sector median €69,065 · 21,223 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 7,974 companies had the same profile as DEVSQUARE has now. Each dot stands for 20 companies, two years later.

94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,974 companies, not a prediction for DEVSQUARE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Managing director,
  • 500 sharesdeed of 22-07-2024
  • 500 sharesdeed of 22-07-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1011719403
Incorporation Founding capital of €5,000, 1,000 shares · Founders: and · Appointments: (director) and (director) · published on 22-07-2024 · Gazette deed
First establishment Rue de Bellaire 9, Verviers
All 4 events

Comparable companies

same main activity, similar in size and age
Company
DEVSQUARE Verviers €30,079 €4,736 25.7% -
Wavedesk Solutions Sint-Gillis-Waas €31,737 €5,133 -6.9% -
TKM Partners Hastière €26,653 €5,657 66.3% -
Frederik Van Den Berge Lede €33,130 €5,623 75.3% -
VP INNOVATION Brussels €39,129 €5,544 40.8% -
Quantcierge Leuven €23,223 €5,000 41.0% -
STUDEUR Ottignies-Louvain-la-Neuve €39,174 €3,919 -8.3% -

These companies have the same main activity as DEVSQUARE: computer programming (NACE 62100). They are comparable in size and age: total assets between €23,200 and €39,200, founded in 2024.

Official details

Source: KBO
Status
Active since 18-07-2024Normal situation
Activity
Computer programmingNACE 62100and 3 others
Establishment unit
2.361.810.6364802 Verviers, since 18-07-2024
Financial year end
30 June
Peppol
Reachable since 25-08-2025
Company details

Annual accounts to 30-06-2025

€30,079
Filing
Filed on 10-12-2025, 52 days before the end of the filing period
Financials

Insights on DEVSQUARE

DEVSQUARE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,731 and a net result of €2,731.

Its solvency ranks better than 24% of 21,217 sector peers (NACE 62, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DEVSQUARE

What is the company number of DEVSQUARE?
The company number of DEVSQUARE is 1011.719.403. The VAT number is the same number with BE in front: BE 1011.719.403.
Where is DEVSQUARE based?
The registered office is at Rue de Bellaire 9, 4802 Verviers.Company details
What does DEVSQUARE do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of DEVSQUARE?
DEVSQUARE is a private limited company (BV).
When was DEVSQUARE founded?
DEVSQUARE was founded on 18-07-2024.
Is DEVSQUARE still active?
Yes, DEVSQUARE is an active enterprise in the KBO register.
What is the turnover of DEVSQUARE?
The turnover in financial year 2025 is ≈ €26,000. This figure is estimated from the gross margin of €4,736 and 53 comparable companies (NACE 62100). It probably lies between €14,000 and €49,000. It is a rough estimate.Financials
Is DEVSQUARE profitable?
In financial year 2025, DEVSQUARE made a profit of €2,731.
Where can I find the annual accounts of DEVSQUARE?
DEVSQUARE filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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