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DEVSYNC

Active Private limited companyfounded 2025active for 1 yearVredestraat 22, 2850 BoomKBO/BCE: BE 1021.914.202

Overview

Lifetime

1 annual account with figures
peak €103,293 (2025)
€103,293 
peak €82,100 (2025)
€82,100 
peak €81,700 (2025)
€81,700 
€37,466 
Board1 name since 2025
1 directorAHMED Farhan
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Incorporation 07-04Dividend €3,4001 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Position in the sector

€82,100

Higher net result than 88% of companies in computer programming and consultancy. Sector median €28,568 · 21,214 companies.

2025 accounts filed 31 days after the deadline

Checked score

96
Excellent
Financially stronger than 72% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 05-2026: 0.4% 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: < 0.1%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

94equity 68.6% of total assets
87short-term debt 31.4% · cash 86.0%
100return on assets 68.9%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 3.08, cash €102,513
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €81,700 (68.6% of total assets)
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 62, micro). It does better than 61% of them on solvency, 72% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 11,279 companies had the same profile as DEVSYNC has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of DEVSYNC itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 11,279 companies, not a prediction for DEVSYNC. 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

Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity is ample, with a current ratio of 3.08, above the usual 1.5. Short-term debt is 31.4% and cash 86% of total assets. 31.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.08, cash €102,513
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €81,700 (68.6% of total assets)
NBB · annual accounts
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Board and ownership

AF
Director, since 03-04-2025
  • AHMED Farhan founderdeed of 07-04-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1021914202
Incorporation Founding capital of €3,000 · Founder: AHMED Farhan (partner) · Appointment: AHMED Farhan (director) · published on 07-04-2025 · Gazette deed
First establishment Vredestraat 22, Boom
All 4 events

Comparable companies

same main activity, similar in size and age
Company
DEVSYNC Boom €119,167 €103,293 68.6% -
Chirripo Boom €116,135 €99,845 63.5% -
Servaes Consulting Nijlen €125,922 €104,617 64.2% -
JVR CONSULT Boechout €111,111 €99,323 65.0% -
Opensource ICT Solutions Antwerp €105,593 €103,720 57.6% -
VYNCKE CONSULTING Mechelen €129,564 €99,233 61.3% -
JORIGNITE Geel €115,670 €107,911 71.4% -

These companies have the same main activity as DEVSYNC: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €106,000 and €130,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 03-04-2025Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.374.860.4032850 Boom, since 03-04-2025
Financial year end
31 December
Peppol
Reachable since 31-03-2026
Company details

Annual accounts 2025

€103,293
€82,100
€81,700
€119,167
Filing
Filed on 31-08-2026
Financials

Insights on DEVSYNC

DEVSYNC has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,700 and a net result of €82,100.

Its solvency ranks better than 60% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late
€103,293
€102,853
€82,100
€77,800
68.6%
3.08

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 ≈ €160,000. Estimated: probably between €140,000 and €200,000.

Balance sheet

balance sheet total €119,167 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

68.6%

Higher than 60% of 21,208 companies in 2025.

3.08

Higher than 59% of 20,571 companies in 2025.

68.9%

Higher than 95% of 20,746 companies in 2025.

DEVSYNC Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 119,167
21/28 3,900
22/27 3,900
24 3,900
29/58 115,267
40/41 12,753
40 12,753
54/58 102,513
Balance sheet: equity and liabilities
10/49 119,167
10/15 81,700
10/11 3,000
13 78,000
133 78,000
14 700
17/49 37,466
42/48 37,466
44 296
440/4 296
45 31,631
450/3 31,631
47/48 5,539
Income statement
9900 103,293
640/8 440
9901 102,853
65/66B 27
65 27
9903 102,826
67/77 20,726
9904 82,100
9905 82,100
Appropriation of the result
9906 82,100
691/2 78,000
6921 78,000
694/7 3,400
694 3,400
Document PDF

The notes to these accounts have 3 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 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00462844.

Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00462844 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
3,900
77,800
68.6%
3.08
0.46
100.5%
68.9%

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
Item2025
Tangible fixed assets€3,900

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on DEVSYNC

Debt's share of the balance-sheet total is 31.4%.

Board & ownership

Board

1 director, since incorporation
Director
since 03-04-2025 term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 07-04-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
AHMED Farhan
Director
Board
Mandates as a list
  • AHMED Farhan
    • Director, from 03-04-2025 to date

See the board, name and registered office on a given date →

Control

Founder
This company
DEVSYNC
Equity €81,700
Profit €82,100 in 2025

Capital

Contribution
€3,000
Source
deed of 07-04-2025

Articles of association

deed of 07-04-2025 (in Dutch)
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.
Third Friday of June at 20:00

Founder

At incorporation deed of 07-04-2025 ↗

Network & group

No group

DEVSYNC has no parent and no holdings in its annual accounts. AHMED Farhan is the only director. DEVSYNC shares no director with another company.

Timeline

Timeline

4 events since 2025
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1021914202
2025
IncorporationFounding capital of €3,000 · Founder: AHMED Farhan (partner) · Appointment: AHMED Farhan (director) · published on 07-04-20253 points ▸
  • Founder, AHMED Farhan (partner)
  • Founding capital, €3,000
  • Director appointment, AHMED Farhan
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Vredestraat 22, Boom

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1021.914.202
VAT number
BE 1021.914.202
Peppol ID
0208:1021914202
Other Peppol ID
9925:BE1021914202
Legal form
Private limited company
Status
Active, normal situation
Founded
03-04-2025
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 20:00
deed of 07-04-2025 (in Dutch)
Peppol
Reachable since 31-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DEVSYNC in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-04-2025 (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.
“Vredestraat 22, 2850 Boom”
deed of 07-04-2025 (in Dutch)

Activities

NACEBEL 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Ontwerpen en programmeren van computerprogramma's, computerconsultancy-activiteiten en aanverwante activiteiten; Het leveren van IT diensten…”
19 activities
  1. Ontwerpen en programmeren van computerprogramma's, computerconsultancy-activiteiten en aanverwante activiteiten.
  2. Het leveren van IT diensten & IT consulting in de ruimste zin van het woord;
  3. Alle commerciële, productie- en handelsactiviteiten zowel in het binnen- als het buitenland in verband met goederen, internationale handel.
  4. Het vervaardigen, ontwerpen, openen, beheren en commercialiseren van een webshop en soortgelijke onlineplatforms, alsmede de onlinemarketingcommunicatie hiervan en alle mogelijke commerciële activiteiten hieraan verbonden.
  5. Het online aan- en verkopen via internet en via webshop van goederen en diensten, in de meest brede zin te interpreteren.
  6. Tuin – en landschapsarchitectuur.
  7. Aanleggen en onderhouden van tuinen, inclusief daktuinen Aanleggen en onderhouden van speeltuinen en sportvelden.
  8. Snoeien van bomen en heggen.
  9. Schilder-, gyproc- en decoratiewerken;
  10. Herstellings- en karweiwerken;
  11. Het ondernemen van alle openbare en private bouwwerken en activiteiten met betrekking tot de bouwsector in het algemeen, onder meer de grondwerken en braakwerken, de ruwbouw, de algemene bouwwerkzaamheden, het schrijnwerk, de voegwerken en pleisterwerken, het dakdekken en isoleren, het schilderen en decoratiewerken, de sanitaire installaties, het plaatsen van vloertegels en wandtegels, elektriciteitswerkzaamheden, gyproc werken en ook de uitvoering van alle montage en constructiewerken;
  12. Het uitbaten van een garagebedrijf en inzonderheid de herstelling, het onderhoud, de aan- en verkoop van nieuwe en tweedehandsauto’s en motorvoertuigen, moto’s, fietsen, en brommers, en het verhandelen van alle voertuigen en de bijhorigheden die er betrekking op hebben, verhuring en leasing van voertuigen, exploiteren van een handel en import en export van voertuigen en onderdelen en uitvoering van alle carrosseriewerken en -herstellingen.
  13. Het vervoer van allerlei goederen zowel in het binnenland als van en naar het buitenland, dit per baan, spoor, lucht en ter zee, met inbegrip van groepagediensten, besteldiensten en internationaal containervervoer. Dit alles ook voor rekening van derden. Zij zal ook als bevrachter en verzender mogen optreden en hiervoor gelijk welk transportmiddel met dit voorwerp mogen charteren, huren of leasen.
  14. Allerhande vervoer- en koerierdiensten, met inbegrip van goederen- en personenvervoer over de weg, het exploiteren van taxi’s en de verhuur van personenauto’s met chauffeur.
  15. Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding, enz.
  16. Het verlenen van diensten op het gebied van business consultancy en projectmanagement;
  17. Het verlenen van dienst- en consultancyprestaties van administratieve, technische, commerciële en bedrijfseconomische aard in de meest uitgebreide betekenis;
  18. Het verlenen van managementactiviteiten en het besturen van andere vennootschappen;
  19. Het verlenen aan bedrijven en particulieren van advies en bijstand en het voeren voor hen van het beleid en het beheer op technisch, commercieel, administratief en bedrijfseconomisch vlak;
deed of 07-04-2025 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Vredestraat 22 registered office 2850 Boom 03-04-2025 2.374.860.403

Buildings and parcels at the address

Ground area
320 m²
Buildings
116 m²
Volume, LiDAR
559 m³
Tallest building
9.0 m
Buildings to scale, each on its own parcel
116 m², 9.0 m 116 m², 9.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11622C0131/00L000320 m² 1 · 116 m² 9.0 m · 1