Equity
€1.0m ▲ 265%
Equity rose in 2025 from €277,990 to €1.0m.
DEVVAN
Lifetime
10 annual accounts with figures on one time axispeak €1.5m (2025)
€1.5m▲ 686%
lowest -€125,683 (2015)
€736,667▲ €837,920
peak €1.0m (2025)
€1.0m▲ 265%
€6.1m▲ 60.0%
peak 2 FTE (2019)
0 FTE
Board2 names since 2014
2 directorsDEVISCH Jean Marie Jules Leon and 1 other
Documentsfilings and deeds
20-04-202610 days before the deadline
2025abbreviated format
Gross margin from €185,330 to €1.5mBack to profit: €736,667Equity from €277,990 to €1.0mDebts from €3.8m to €6.1mInvestments €3.1mCash from €65,837 to €360,302
Key points
from the 2025 annual accountsTurnover
≈ €2.2m estimated
The accounts state no turnover.
Debts
€6.1m 83% of the balance sheet
Financial debts 81%Suppliers 0%Taxes and wages 2%Other 17%
Of this, €1.2m falls due within a year.
Investments
€4.4m 14.9 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 87.7% higher than in 2024.
Filings
10 annual accounts 7 late
The 2019 accounts came latest: 119 days after the end of the period.
Position in the sector
€736,667
Higher net result than 95% of companies in office administrative support. Sector median €20,941 · 2,831 companies.
Checked score
96
Excellent
Financially stronger than 64% of small companies in office administrative support (NACE 82)
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 1,123 companies (NACE 82, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: 0.1%▲ +0.1 percentage points vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.2%▲ +0.1 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026highest value
05-2026: < 0.1%▼ -0.3 percentage points vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €1.0m (13.7% of total assets)
Liquidity: current ratio 0.80, cash €360,302
lowers risk
Size: total assets €7.4m
Figures for financial year 2025 (filed on 20-04-2026)
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 82, small). It does better than 22% of them on solvency, 59% on liquidity, 79% on profitability and 97% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-09-2025.
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, 172 companies had the same profile as DEVVAN has now. Each dot is one company, two years later.
96.5%
were still trading
3.5%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of DEVVAN itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 | 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 172 companies, not a prediction for DEVVAN. 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 €95,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.8 (0.51 in 2024), below 1. Short-term debt is 16.4% and cash 4.9% of total assets. 86.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192021232425
2018 to 2025 · latest year €1.0m
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 days early
2024
5 days early
2023
20 days early
2021
22 days late
2020
31 days late
2019
119 days late
2018
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 20 April (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Recent changes
Environmental permit granted
Functiewijziging · Oudenburg
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0547625772
Environmental permit refused
Functiewijziging · Oudenburg
Environmental permit granted
Verbouwen en/of uitbreiden met het wijzigen van alle zelfstandige gebruikseenheden (unit) binnen het gebouw, Verbouwen / Wijzigen Infrastructuur · Ichtegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DEVVAN Ichtegem | €7.4m | €1.5m | 13.7% | 0 |
| Filip DECOSTERE Waregem | €6.5m | €2.2m | 76.7% | 0 |
| ARCON BML Wielsbeke | €11.0m | €1.9m | 0.2% | 0.6 |
| ERIC CALLEWAERT Watermael-Boitsfort | €5.0m | €0.8m | 40.2% | 0.5 |
| SANTENS LOGISTICS Ghent | €9.5m | €0.7m | 33.7% | 0 |
| L for L Lobbes | €4.3m | €1.2m | 62.4% | 0 |
| VAN ZANTBEEK Woluwe-Saint-Pierre | €5.9m | €0.8m | 47.2% | 0.3 |
These companies have the same main activity as DEVVAN: other business support services (NACE 82990). They are comparable in size and age: total assets between €4.3m and €11m, founded between 2009 and 2019.
Official details
Source: KBO- Status
- Active since 03-03-2014Normal situation
- Activity
- Other business support servicesNACE 82990and 3 others
- Establishment unit
- 2.228.128.5038480 Ichtegem, since 04-03-2014
- Financial year end
- 30 September
- Peppol
- Reachable since 30-09-2025
Annual accounts to 30-09-2025
- €7.4m▲ 80.3%
- Filing
- Filed on 20-04-2026, 10 days before the end of the filing period
Insights on DEVVAN
DEVVAN files the abbreviated format. That format states no turnover. The gross margin rose from -€41,240 in 2015 to €1.5m in 2025.
The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.
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 DEVVAN
- What is the company number of DEVVAN?
- The company number of DEVVAN is 0547.625.772. The VAT number is the same number with BE in front: BE 0547.625.772.
- Where is DEVVAN based?
- The registered office is at Oostendesteenweg 208, 8480 Ichtegem.Company details
- What does DEVVAN do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of DEVVAN?
- DEVVAN is a private limited company (BV).
- When was DEVVAN founded?
- DEVVAN was founded on 03-03-2014.
- Is DEVVAN still active?
- Yes, DEVVAN is an active enterprise in the KBO register.
- How many employees does DEVVAN have?
- DEVVAN had an average of 2 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of DEVVAN?
- The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €1.5m and 40 comparable companies (NACE 82). It probably lies between €1.7m and €3.3m.
- Is DEVVAN profitable?
- In financial year 2025, DEVVAN made a profit of €736,667.
- Where can I find the annual accounts of DEVVAN?
- DEVVAN filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DEVVAN due?
- DEVVAN must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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