Turnover
≈ €26,000 estimated
The micro format states no turnover.
DEVSQUARE
Overview
Lifetime
1 annual account with figurespeak €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 accountsDebts
€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
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.
| 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
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
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
Annual accounts to 30-06-2025
- €4,736
- €2,731
- €7,731
- €30,079
- Filing
- Filed on 10-12-2025, 52 days before the end of the filing period
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.
Financials
Annual accounts 2025
micro format, filed on 10-12-2025, 52 days before the deadline€4,736
€4,036
€2,731
€4,987
25.7%
1.22
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €26,000. Estimated: probably between €14,000 and €49,000.
Balance sheet
balance sheet total €30,079 on 30-06-2025What the company ownsHow it is paid for
Position in the sector
25.7%
Higher than 24% of 21,217 companies in 2025.
1.22
Higher than 26% of 20,581 companies in 2025.
9.1%
Higher than 33% of 20,756 companies in 2025.
DEVSQUARE
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
30,079 | |
20 |
995 | |
21/28 |
1,749 | |
22/27 |
1,749 | |
24 |
1,749 | |
29/58 |
27,335 | |
40/41 |
12,992 | |
40 |
12,992 | |
54/58 |
13,254 | |
490/1 |
1,090 | |
| Balance sheet: equity and liabilities | ||
10/49 |
30,079 | |
10/15 |
7,731 | |
10/11 |
5,000 | |
13 |
2,731 | |
133 |
2,731 | |
17/49 |
22,349 | |
42/48 |
22,349 | |
44 |
18,760 | |
440/4 |
18,760 | |
45 |
3,588 | |
450/3 |
3,588 | |
| Income statement | ||
9900 |
4,736 | |
630 |
700 | |
9901 |
4,036 | |
65/66B |
284 | |
65 |
284 | |
9903 |
3,752 | |
67/77 |
1,021 | |
9904 |
2,731 | |
9905 |
2,731 | |
| Appropriation of the result | ||
9906 |
2,731 | |
691/2 |
2,731 | |
6921 |
2,731 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 10-12-2025 | 2025-00578998 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 4,736 | ||
| 3,431 | ||
| 2,214 | ||
| 4,987 | ||
| 25.7% | ||
| 1.22 | ||
| 2.89 | ||
| 35.3% | ||
| 9.1% | ||
| 16.66 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €2,214 |
| €700 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on DEVSQUARE
Debt's share of the balance-sheet total is 74.3%.
Board & ownership
Board
2 directors, 2 in day-to-day management, since incorporationDirector (not named in the articles) and managing director
director (not named in the articles) since 18-07-2024
managing director appointed by deed of 22-07-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 10-12-2025
Director (not named in the articles) and managing director, permanent representative
director (not named in the articles) since 18-07-2024
managing director appointed by deed of 22-07-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 10-12-2025
- ,
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration §1. S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui…”deed of 22-07-2024
Permanent representatives 1
Mandates through the years
2 names, the dashed line is todayDirector (not named in the articles), Managing director
Director (not named in the articles), Managing director
LeadershipBoard
Mandates as a list
-
- Director (not named in the articles), from 18-07-2024 to date
- Managing director, appointed by deed of 22-07-2024, still in office
-
- Director (not named in the articles), from 18-07-2024 to date
- Managing director, appointed by deed of 22-07-2024, still in office
Control
Founders
,
This company
DEVSQUARE
Equity €7,731
Profit €2,731 in 2025
Capital
- Contribution
- €5,000
- Shares
- 1,000
- Contribution per share
- €5
- Equity per share
- €7.73 in 2025
- Source
- deed of 22-07-2024
Articles of association
deed of 22-07-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITRE V ASSEMBLEE GENERALE Article 16. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le premier…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 22-07-2024 ↗
- 500 shares (50%) · €2,500
- 500 shares (50%) · €2,500
Network & group
No group
DEVSQUARE has no parent and no holdings in its annual accounts. DEVSQUARE shares no director with another company.
At the same address
Rue de Bellaire 9, 4802 Verviers · 2 other companies| LEONARD WEB SOLUTIONS
registered office since 30-10-2019 · founded in 2019 |
total assets €198,474 (2025) 0736.943.444 |
| Plunus, Anouck (sole trader)
establishment since 01-01-2023 |
founded in 2023 0823.428.149 |
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2025
Annual accounts 2025 filed NBBmicro format · 52 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011719403
2024
IncorporationFounding capital of €5,000, 1,000 shares · Founders: and · Appointments: (director) and (director) · published on 22-07-202412 points ▸
- Founder,
- Founder,
- Founding capital, €5,000, 1,000 shares
- 1,000 shares
- Registered office clause, rue de Bellaire 9, 4802 Verviers (Heusy)
- Board rule, 2
- Director appointment, (director (not named in the articles))
- Director appointment, (director (not named in the articles))
- Permanent representative,
- Director appointment, (managing director)
- Director appointment, (managing director)
- Power of attorney, , mentioned twice in the deed
- The deed holds 6 more points.
First establishment Rue de Bellaire 9, Verviers
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1011.719.403
- VAT number
- BE 1011.719.403
- Peppol ID
- 0208:1011719403
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-07-2024
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “TITRE V ASSEMBLEE GENERALE Article 16. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le premier…”deed of 22-07-2024 (in French)
- Peppol
- Reachable since 25-08-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- DEVSQUARE in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-07-2024 (in French)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
62090
Computer programming, consultancy and related activities
70220
Business consulting
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Tout ce qui se rapporte à l’ingénierie informatique : le développement d'outils digitaux surmesure de toute nature en ce compris toutes les…”deed of 22-07-2024 (in French)
3 activities
- Tout ce qui se rapporte à l’ingénierie informatique : le développement d'outils digitaux surmesure de toute nature en ce compris toutes les activités annexes telles que l'audit,la conception,le développement,l'intégration et la maintenance d'outils digitaux,... Ces énumérations étant exemplatives et non limitatives.
- Tout ce qui se rapporte à la Recherche & Développement : conception de solutions digitales pour répondre aux problématiques complexes des entreprises (applications mobiles,plateformes et interfaces web,logiciels de gestion d'entreprise,E-commerces sur-mesure et encore d'autres développements sur-mesure,etc…). Ces énumérations étant exemplatives et non limitatives.
- Tout ce qui se rapporte au data,à l'IoT et à l'audit,ainsi que le transfert,la manipulation,l'analyse,la visualisation et le traitement de données d'entreprises. Ces énumérations étant exemplatives et non limitatives.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue de Bellaire 9 registered office 4802 Verviers | 18-07-2024 | 2.361.810.636 |
Buildings and parcels at the address
- Ground area
- 912 m²
- Buildings
- 188 m²
- Volume, LiDAR
- 807 m³
- Tallest building
- 5.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 63576F1323/00V009 | 912 m² | 1 · 188 m² | 5.1 m · 1 |