Devuto
ActiveSummary
Devuto has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.4m and a net result of €1.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 8101 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability58▼-19
Solvency51▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.57 in 2023; short-term debt: 14.7% and cash: 9.1% of total assets), and 74.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
25.7%
Return on assets
10.9%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 8101 sector peers (2024).
NBB · sector comparisonPosition among 8101 sector peers
Solvency
better than 25%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €2.4m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
40 d early
2022
35 d early
2021
33 d early
2020
43 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€2.4m▲ 71.6%
2023 · €1.4m
Total assets
€9.3m▲ 9.2%
2023 · €8.5m
Net result
€1.0m▼ 17.4%
2023 · €1.2m
Working capital
-€345,723▼ 20.8%
2023 · -€286,092
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€36,094▼ 3.5%€260,352▲ 621%€339,155▲ 30.3%€724,320▲ 114%€406,030▼ 43.9%
Net result€18,635within the sector's middle half▼ 9.8%€55,631within the sector's middle half▲ 199%€46,859within the sector's middle half▼ 15.8%€1.2mabove the sector's middle half▲ 2,522%€1.0mabove the sector's middle half▼ 17.4%
Equity€110,570within the sector's middle half▲ 19.2%€166,201within the sector's middle half▲ 50.3%€181,776within the sector's middle half▲ 9.4%€1.4mwithin the sector's middle half▲ 664%€2.4mabove the sector's middle half▲ 71.6%
Total assets€607,400above the sector's middle half▼ 1.2%€9.7mabove the sector's middle half▲ 1,498%€8.7mabove the sector's middle half▼ 10.3%€8.5mabove the sector's middle half▼ 2.3%€9.3mabove the sector's middle half▲ 9.2%
Debt€496,830▼ 4.8%€9.5m▲ 1,820%€8.5m▼ 10.7%€7.0m▼ 17.4%€6.8m▼ 3.0%
Working capital€4,294▲ 182%€696,893▲ 16,129%-€1.2m-€286,092▲ 75.4%-€345,723▼ 20.8%
Solvency18.2%below the sector's middle half▲ 3.1pp1.7%below the sector's middle half▼ 16.5pp2.1%below the sector's middle half▲ 0.4pp16.3%below the sector's middle half▲ 14.3pp25.7%below the sector's middle half▲ 9.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 44% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.3m
Fixed assets
€8.3m ▲ 1.8%
Current assets
€1.0m ▲ 166%
Equity and liabilities €9.3m
Equity
€2.4m ▲ 71.6%
Provisions
€72,761 ▼ 1.8%
Debt
€6.8m ▼ 3.0%
Debt's share of the balance-sheet total falls from 82.8% to 73.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€420,495▼
2023 · €736,434
Cash flow
€1.0m▼
2023 · €1.2m
Current ratio
0.75▲
2023 · 0.57
Debt to equity
2.87▼
2023 · 5.07
ROE
42.6%▼
2023 · 88.4%
ROA
10.9%▼
2023 · 14.4%
Interest coverage
3.09▼
2023 · 4.81
Debt ≤ 1 year
€1.4m▲
2023 · €668,283
Debt > 1 year
€5.4m▼
2023 · €6.3m
Income taxes
€168,728▼
2023 · €170,443
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,702 | €11,670 | €89,199 | €12,114 | €14,464 | ▲ 19.4% |
| Other operating charges640/8 | - | €986 | €1,006 | €3,327 | €2,630 | ▼ 21.0% |
| Gross operating margin9900 | €48,774 | €273,007 | €429,360 | €739,761 | €423,124 | ▼ 42.8% |
| Operating profit (loss)9901 | €36,094 | €260,352 | €339,155 | €724,320 | €406,030 | ▼ 43.9% |
| Financial income75/76B | - | €5.0m | €1,602 | €901,664 | €912,184 | ▲ 1.2% |
| Recurring financial income75 | - | €5.0m | €1,602 | €901,664 | €912,184 | ▲ 1.2% |
| Financial charges65/66B | - | €5.2m | €264,540 | €152,986 | €136,137 | ▼ 11.0% |
| Recurring financial charges65 | €10,589 | €189,931 | €264,540 | €152,986 | €136,137 | ▼ 11.0% |
| Non-recurring financial charges66B | - | €5.0m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €25,505 | €70,421 | €76,217 | €1.5m | €1.2m | ▼ 19.8% |
| Transfer from deferred taxes780 | - | - | - | €5,913 | €1,339 | ▼ 77.4% |
| Transfer to deferred taxes680 | - | - | - | €80,013 | - | - |
| Income taxes67/77 | €6,869 | €14,790 | €29,358 | €170,443 | €168,728 | ▼ 1.0% |
| Profit (loss) for the period9904 | €18,635 | €55,631 | €46,859 | €1.2m | €1.0m | ▼ 17.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €17,738 | €4,016 | ▼ 77.4% |
| Transfer to tax-exempt reserves689 | - | - | - | €240,038 | - | - |
| Profit (loss) for the period to be appropriated9905 | €18,635 | €55,631 | €46,859 | €1.0m | €1.0m | ▲ 1.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €607,400 | €9.7m | €8.7m | €8.5m | €9.3m | ▲ 9.2% |
| Fixed assets21/28 | €553,379 | €8.0m | €8.6m | €8.1m | €8.3m | ▲ 1.8% |
| Tangible fixed assets22/27 | €553,289 | €541,620 | €1.1m | €619,267 | €768,910 | ▲ 24.2% |
| Land and buildings22 | - | €541,620 | €1.1m | €619,267 | €764,736 | ▲ 23.5% |
| Plant, machinery and equipment23 | - | - | - | - | €2,135 | - |
| Furniture and vehicles24 | - | - | - | - | €2,039 | - |
| Financial fixed assets28 | €90 | €7.5m | €7.5m | €7.5m | €7.5m | = |
| Current assets29/58 | €54,020 | €1.7m | €72,667 | €382,191 | €1.0m | ▲ 166% |
| Amounts receivable within one year40/41 | €9,855 | €1.6m | €61,831 | €114,606 | €176,415 | ▲ 53.9% |
| Trade receivables40 | - | €48,400 | €48,400 | €49,519 | €48,400 | ▼ 2.3% |
| Other amounts receivable41 | - | €1.5m | €13,431 | €65,086 | €128,015 | ▲ 96.7% |
| Cash at bank and in hand54/58 | €43,325 | €107,109 | €9,713 | €266,888 | €840,835 | ▲ 215% |
| Deferred charges and accrued income490/1 | - | €998 | €1,124 | €697 | €771 | ▲ 10.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €607,400 | €9.7m | €8.7m | €8.5m | €9.3m | ▲ 9.2% |
| Equity10/15 | €110,570 | €166,201 | €181,776 | €1.4m | €2.4m | ▲ 71.6% |
| Contributions10/11 | - | €12,400 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €98,170 | €153,801 | €163,176 | €1.4m | €2.4m | ▲ 72.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €222,299 | €218,283 | ▼ 1.8% |
| Distributable reserves133 | - | €151,941 | €161,316 | €1.1m | €2.1m | ▲ 87.1% |
| Provisions and deferred taxes16 | - | - | - | €74,100 | €72,761 | ▼ 1.8% |
| Deferred taxes168 | - | - | - | €74,100 | €72,761 | ▼ 1.8% |
| Amounts payable17/49 | €496,830 | €9.5m | €8.5m | €7.0m | €6.8m | ▼ 3.0% |
| Amounts payable after more than one year17 | €446,049 | €8.4m | €7.2m | €6.3m | €5.4m | ▼ 14.3% |
| Financial debts170/4 | - | €8.4m | €7.2m | €6.3m | €5.4m | ▼ 14.3% |
| Amounts payable within one year42/48 | €49,726 | €967,713 | €1.2m | €668,283 | €1.4m | ▲ 104% |
| Current portion of amounts payable after more than one year42 | - | €929,723 | €900,000 | €300,000 | €900,000 | ▲ 200% |
| Trade debts44 | €805 | €1,855 | €960 | €13,351 | €1,297 | ▼ 90.3% |
| Suppliers440/4 | - | €1,855 | €960 | €13,351 | €1,297 | ▼ 90.3% |
| Taxes, remuneration and social security45 | - | €36,135 | €37,106 | €130,864 | €234,585 | ▲ 79.3% |
| Taxes450/3 | - | €36,135 | €37,106 | €130,864 | €234,585 | ▲ 79.3% |
| Other amounts payable47/48 | - | - | €299,906 | €224,068 | €227,860 | ▲ 1.7% |
| Accrued charges and deferred income492/3 | - | €181,076 | €82,085 | €70,085 | €66,588 | ▼ 5.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,635 | €55,631 | €46,859 | €1.2m | €1.0m | ▼ 17.4% |
| + Depreciation and write-downs630 | €11,702 | €11,670 | €89,199 | €12,114 | €14,464 | ▲ 19.4% |
| Operating cash flow (approximation) | €30,337 | €67,301 | €136,058 | €1.2m | €1.0m | ▼ 17.0% |
| Investment in fixed assets (approximation) | - | -€7.5m | -€676,655 | €497,695 | -€164,107 | ▼ 133% |
| Change in cash | - | €63,783 | -€97,396 | €257,175 | €573,947 | ▲ 123% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2mEq €2.4m ▲71.6%
7 profitable years in a row build equity to €2.4m.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.2m ▲2,522%
Operating result €724,320, net result €1.2m, both a record.
31-12
Financial
Equity above €1mEq €1.4m ▲664%
6 profitable years in a row build equity to €1.4m.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150,000Eq €166,201 ▲50.3%
4 profitable years in a row build equity to €166,201.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €18,635 ▼9.8%
Net result drops to €18,635, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €110,570 ▲19.2%
3 profitable years in a row build equity to €110,570.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Lokeren · 1 establishment unit since 2015
Ground area
105 m²
Building footprint
105 m²
Volume, LiDAR
1,131 m³
Parcel 46384E0792/00W000, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Devuto
since 20152.239.361.004
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384E0792/00W000 | Flanders | 105 m² | 1 · 105 m² | 13.0 m · 4 fl. |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 holding · 2 subsidiaries in the treeOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
GALERIJ DE VUYST 100%1 subsidiary
- KLEDING DE VUYST 100%
According to the 2024 annual accounts of Devuto and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 18,204 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0597689155
Also
9925:BE0597689155
Registered
03-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.