Skip to content

DEVUMO

Active
Private limited companyfounded 20215 yrs activeSparrendreef 6/A, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0772.501.664
Summary

DEVUMO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€1,799. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 11% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+6
Solvency9=
Growth58=
Track record94
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.01 in 2024; short-term debt: 40.7% and cash: 0.3% of total assets), and equity is negative.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-15.7%
Return on assets
0%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€1.1m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-11-2025, 64 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
64 d early
2024
29 d early
2023
6 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 12 August 2021, DEVUMO was incorporated as a Private limited company.1 Total assets went from EUR 7 million in 2023 to EUR 6.8 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
-€1.1m▼ 0.2%
2024 · -€1.1m
Total assets
€6.8m▼ 0.9%
2024 · €6.8m
Net result
-€1,799▲ 96.3%
2024 · -€48,417
Working capital
-€2.7m▼ 1.2%
2024 · -€2.7m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€916,885-€38,715€82,134▲ 112%
Net result-€1.0m--€48,417▲ 95.3%-€1,799▲ 96.3%
Equity-€1.0m--€1.1m▼ 4.8%-€1.1m▼ 0.2%
Total assets€7.0m-€6.8m▼ 2.3%€6.8m▼ 0.9%
Debt€8.0m-€7.9m▼ 1.4%€7.9m▼ 0.8%
Working capital-€2.6m--€2.7m▼ 2.2%-€2.7m▼ 1.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2024 Net result +95% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€1.5m-€1.0m-€500,000€0Operating result 2023: -€916,885-€916,885Net result 2023: -€1.0m-€1.0mOperating result 2024: €38,715€38,715Net result 2024: -€48,417-€48,417Operating result 2025: €82,134€82,134Net result 2025: -€1,799-€1,799202320242025-€1.5m-€1m-€500,000€0Operating result 2023: -€916,885-€917,000Net result 2023: -€1.0m-€1mOperating result 2024: €38,715€38,700Net result 2024: -€48,417-€48,400Operating result 2025: €82,134€82,100Net result 2025: -€1,799-€1,800202320242025
The operating result has risen two years in a row; 2025 is 112% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.8m
Fixed assets €6.7m ▼ 1.4%
Current assets €52,752 ▲ 215%
Key figures and ratios
2025 value · change against 2024
EBITDA
€243,562▲
2024 · €195,242
Cash flow
€159,629▲
2024 · €108,109
Solvency
-15.7%▼
2024 · -15.6%
Current ratio
0.02▲
2024 · 0.01
Debt to equity
-7.35▲
2024 · -7.42
ROA
0.0%▲
2024 · -0.7%
Interest coverage
2.90▲
2024 · 2.24
Debt ≤ 1 year
€2.8m▲
2024 · €2.7m
Debt > 1 year
€5.1m▼
2024 · €5.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 109 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 95% are still going.

  • Medium-sized
  • 5 to 10 years old
  • negative equity
  • a small loss
0% went bankrupt
2.8% stopped otherwise
95% still going

A further 1.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 109 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€6.8m€6.8m▼
Fixed assets21/28€6.8m€6.7m▼
Tangible fixed assets22/27€6.8m€6.7m▼
Land and buildings22€6.8m€6.7m▼
Current assets29/58€16,768€52,752▲
Amounts receivable within one year40/41-€16,553
Trade receivables40-€16,553
Cash at bank and in hand54/58€12,493€21,770▲
Deferred charges and accrued income490/1€4,275€14,429▲
Equity and liabilities
Total equity and liabilities10/49€6.8m€6.8m▼
Equity10/15-€1.1m-€1.1m▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€1.1m-€1.1m▼
Amounts payable17/49€7.9m€7.9m▼
Amounts payable after more than one year17€5.2m€5.1m▼
Financial debts170/4€5.2m€5.1m▼
Amounts payable within one year42/48€2.7m€2.8m▲
Current portion of amounts payable after more than one year42€151,327€177,385▲
Trade debts44€4,980€27,710▲
Suppliers440/4€4,980€27,710▲
Taxes, remuneration and social security45€478€50▼
Taxes450/3€478€50▼
Other amounts payable47/48€2.5m€2.6m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€156,527€161,429▲
Other operating charges640/8€12,040€12,951▲
Gross operating margin9900€207,282€256,514▲
Operating profit (loss)9901€38,715€82,134▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€87,134€83,933▼
Recurring financial charges65€87,134€83,933▼
Profit (loss) for the period before taxes9903-€48,417-€1,799▲
Profit (loss) for the period9904-€48,417-€1,799▲
Profit (loss) for the period to be appropriated9905-€48,417-€1,799▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.1m-€1.1m▼
Profit (loss) brought forward from the previous period14P-€1.0m-€1.1m▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.2m€156,527€161,429▲ 3.1%
Other operating charges640/8€8,683€12,040€12,951▲ 7.6%
Gross operating margin9900€249,818€207,282€256,514▲ 23.8%
Operating profit (loss)9901-€916,885€38,715€82,134▲ 112%
Financial income75/76B-€1€0▼ 100%
Recurring financial income75-€1€0▼ 100%
Financial charges65/66B€102,710€87,134€83,933▼ 3.7%
Recurring financial charges65€102,710€87,134€83,933▼ 3.7%
Profit (loss) for the period before taxes9903-€1.0m-€48,417-€1,799▲ 96.3%
Profit (loss) for the period9904-€1.0m-€48,417-€1,799▲ 96.3%
Profit (loss) for the period to be appropriated9905-€1.0m-€48,417-€1,799▲ 96.3%
Line202320242025Change
Assets
Total assets20/58€7.0m€6.8m€6.8m▼ 0.9%
Fixed assets21/28€7.0m€6.8m€6.7m▼ 1.4%
Tangible fixed assets22/27€7.0m€6.8m€6.7m▼ 1.4%
Land and buildings22€7.0m€6.8m€6.7m▼ 1.4%
Current assets29/58€19,664€16,768€52,752▲ 215%
Amounts receivable within one year40/41--€16,553-
Trade receivables40--€16,553-
Cash at bank and in hand54/58€16,296€12,493€21,770▲ 74.3%
Deferred charges and accrued income490/1€3,367€4,275€14,429▲ 238%
Equity and liabilities
Total equity and liabilities10/49€7.0m€6.8m€6.8m▼ 0.9%
Equity10/15-€1.0m-€1.1m-€1.1m▼ 0.2%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14-€1.0m-€1.1m-€1.1m▼ 0.2%
Amounts payable17/49€8.0m€7.9m€7.9m▼ 0.8%
Amounts payable after more than one year17€5.4m€5.2m€5.1m▼ 2.5%
Financial debts170/4€5.4m€5.2m€5.1m▼ 2.5%
Amounts payable within one year42/48€2.6m€2.7m€2.8m▲ 2.5%
Current portion of amounts payable after more than one year42€151,358€151,327€177,385▲ 17.2%
Trade debts44€6,196€4,980€27,710▲ 456%
Suppliers440/4€6,196€4,980€27,710▲ 456%
Taxes, remuneration and social security45€85€478€50▼ 89.4%
Taxes450/3€85€478€50▼ 89.4%
Other amounts payable47/48€2.5m€2.5m€2.6m▲ 0.8%
Line202320242025Change
Profit (loss) for the period9904-€1.0m-€48,417-€1,799▲ 96.3%
+ Depreciation and write-downs630€1.2m€156,527€161,429▲ 3.1%
Operating cash flow (approximation)€138,426€108,109€159,629▲ 47.7%
Investment in fixed assets (approximation)-€0-€63,601-
Change in cash--€3,803€9,277▲ 344%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
28-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
02-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Knokke-Heist · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
1,487 m²
Building footprint
324 m²
Volume, LiDAR
1,112 m³
Parcel 31332F0757/00B000, Flanders · tallest building 23.8 m. Linked by address, not a title deed.
1 establishment unit
DEVUMO
Sparrendreef 6/A, 8300 Knokke-HeistRenting and operating of own or leased residential real estate, excluding social housing
since 20212.349.411.066
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31332F0757/00B000 Flanders 1,487 m² 1 · 324 m² 23.8 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,146 companies in sector 68201 we hold annual accounts for 6,770. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-08-2021
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0772501664
Also 0208:772501664
Registered 19-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.