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DR. BART DEVOS

Active
Private limited companyfounded 199729 yrs activeJonckheerestraat 193, 8301 Knokke-Heist, BelgiumKBO/BCE: BE 0460.176.611
Summary

DR. BART DEVOS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €565,050 and a net result of €175,157. Equity is growing by ~15.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 30.44 against 18.75 in 2024; short-term debt: 3.1% and cash: 34.4% of total assets), and 4.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
95.5%
Return on assets
29.6%
Age of the figures
15 mo
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 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 d early
2024
on the day
2023
1 d early
2022
on the day
2021
15 d late
2020
16 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 2 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 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 10 March 1997, DR. BART DEVOS was incorporated.1 Total assets went from EUR 241,814 in 2019 to EUR 591,737 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€565,050▲ 33.4%
2024 · €423,511
Total assets
€591,737▲ 28.9%
2024 · €459,101
Net result
€175,157▲ 144%
2024 · €71,767
Working capital
€546,791▲ 35.1%
2024 · €404,864
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
Line20212022202320242025
Operating result€79,988€86,225▲ 7.8%€73,593▼ 14.7%€98,664▲ 34.1%€247,137▲ 150%
Net result€57,420€52,800▼ 8.0%€52,897▲ 0.2%€71,767▲ 35.7%€175,157▲ 144%
Equity€273,643▲ 26.6%€326,443▲ 19.3%€351,744▲ 7.8%€423,511▲ 20.4%€565,050▲ 33.4%
Total assets€326,560▲ 37.8%€377,447▲ 15.6%€374,299▼ 0.8%€459,101▲ 22.7%€591,737▲ 28.9%
Debt€52,917▲ 155%€51,004▼ 3.6%€22,555▼ 55.8%€35,590▲ 57.8%€26,687▼ 25.0%
Working capital€273,854▲ 24.1%€325,630▲ 18.9%€336,805▲ 3.4%€404,864▲ 20.2%€546,791▲ 35.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2021: €79,988€79,988Net result 2021: €57,420€57,420Operating result 2022: €86,225€86,225Net result 2022: €52,800€52,800Operating result 2023: €73,593€73,593Net result 2023: €52,897€52,897Operating result 2024: €98,664€98,664Net result 2024: €71,767€71,767Operating result 2025: €247,137€247,137Net result 2025: €175,157€175,15720212022202320242025€0€100,000€200,000Operating result 2023: €73,593€73,600Net result 2023: €52,897€52,900Operating result 2024: €98,664€98,700Net result 2024: €71,767€71,800Operating result 2025: €247,137€247,000Net result 2025: €175,157€175,000202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 150% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €591,737
Fixed assets €26,371 ▼ 16.1%
Current assets €565,366 ▲ 32.2%
Equity and liabilities €591,737
Equity €565,050 ▲ 33.4%
Debt €26,687 ▼ 25.0%
Debt's share of the balance-sheet total falls from 7.8% to 4.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€253,845▲
2024 · €104,459
Cash flow
€181,866▲
2024 · €77,563
Current ratio
30.44▲
2024 · 18.75
Debt to equity
0.05▼
2024 · 0.08
ROE
31.0%▲
2024 · 16.9%
ROA
29.6%▲
2024 · 15.6%
Interest coverage
159.25▼
2024 · 783.88
Debt ≤ 1 year
€18,575▼
2024 · €22,815
Income taxes
€74,788▲
2024 · €27,185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,662 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% 1.7%
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 75% 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 20,129 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 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€459,101€591,737▲
Fixed assets21/28€31,422€26,371▼
Tangible fixed assets22/27€31,422€26,356▼
Plant, machinery and equipment23€229€0▼
Furniture and vehicles24€19,989€17,408▼
Other tangible fixed assets26€11,203€8,947▼
Financial fixed assets28-€15
Current assets29/58€427,679€565,366▲
Amounts receivable within one year40/41€0€14,532▲
Trade receivables40€0-
Other amounts receivable41€0€14,532▲
Current investments50/53€199,551€283,462▲
Cash at bank and in hand54/58€156,411€203,278▲
Deferred charges and accrued income490/1€71,716€64,094▼
Equity and liabilities
Total equity and liabilities10/49€459,101€591,737▲
Equity10/15€423,511€565,050▲
Contributions10/11€123,075€123,075=
Reserves13€300,436€441,975▲
Distributable reserves133€300,436€441,975▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€35,590€26,687▼
Amounts payable within one year42/48€22,815€18,575▼
Trade debts44€2,076€8,936▲
Suppliers440/4€2,076€8,936▲
Taxes, remuneration and social security45€12,929€0▼
Taxes450/3€12,929€0▼
Other amounts payable47/48€7,809€9,639▲
Accrued charges and deferred income492/3€12,775€8,112▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,796€6,708▲
Other operating charges640/8€502€526▲
Gross operating margin9900€104,962€254,371▲
Operating profit (loss)9901€98,664€247,137▲
Financial income75/76B€421€4,402▲
Recurring financial income75€421€4,402▲
Financial charges65/66B€133€1,594▲
Recurring financial charges65€133€1,594▲
Profit (loss) for the period before taxes9903€98,952€249,945▲
Income taxes67/77€27,185€74,788▲
Profit (loss) for the period9904€71,767€175,157▲
Profit (loss) for the period to be appropriated9905€71,767€175,157▲
Appropriation of the result
Profit (loss) to be appropriated9906€71,767€175,157▲
Transfer from equity791/2€0€33,618▲
Transfer to equity691/2€71,767€175,157▲
To other reserves6921€71,767€175,157▲
Profit to be distributed694/7€0€33,618▲
Return on contributions (dividend)694€0€33,618▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€199€353€3,142€5,796€6,708▲ 15.7%
Other operating charges640/8-€461€497€502€526▲ 4.7%
Gross operating margin9900€80,643€87,039€77,232€104,962€254,371▲ 142%
Operating profit (loss)9901€79,988€86,225€73,593€98,664€247,137▲ 150%
Financial income75/76B-€0€3€421€4,402▲ 945%
Recurring financial income75€0€0€3€421€4,402▲ 945%
Financial charges65/66B-€581€1,410€133€1,594▲ 1,096%
Recurring financial charges65€620€581€1,410€133€1,594▲ 1,096%
Profit (loss) for the period before taxes9903€79,368€85,644€72,186€98,952€249,945▲ 153%
Income taxes67/77€21,948€32,844€19,288€27,185€74,788▲ 175%
Profit (loss) for the period9904€57,420€52,800€52,897€71,767€175,157▲ 144%
Transfer from tax-exempt reserves789-€37,500€0---
Profit (loss) for the period to be appropriated9905€57,420€90,300€52,897€71,767€175,157▲ 144%
Line20212022202320242025Change
Assets
Total assets20/58€326,560€377,447€374,299€459,101€591,737▲ 28.9%
Fixed assets21/28€246€1,272€24,270€31,422€26,371▼ 16.1%
Tangible fixed assets22/27€246€1,272€24,270€31,422€26,356▼ 16.1%
Plant, machinery and equipment23-€1,149€689€229€0▼ 100%
Furniture and vehicles24-€123€10,121€19,989€17,408▼ 12.9%
Other tangible fixed assets26--€13,459€11,203€8,947▼ 20.1%
Financial fixed assets28----€15-
Current assets29/58€326,314€376,176€350,029€427,679€565,366▲ 32.2%
Amounts receivable within one year40/41--€6,701€0€14,532-
Trade receivables40--€3,489€0--
Other amounts receivable41--€3,212€0€14,532-
Current investments50/53-€100,000€199,551€199,551€283,462▲ 42.0%
Cash at bank and in hand54/58€245,199€200,254€73,560€156,411€203,278▲ 30.0%
Deferred charges and accrued income490/1-€75,922€70,217€71,716€64,094▼ 10.6%
Equity and liabilities
Total equity and liabilities10/49€326,560€377,447€374,299€459,101€591,737▲ 28.9%
Equity10/15€273,643€326,443€351,744€423,511€565,050▲ 33.4%
Contributions10/11-€123,075€123,075€123,075€123,075=
Reserves13€150,568€203,368€228,669€300,436€441,975▲ 47.1%
Non-distributable reserves130/1-€6,827€0---
Reserves not available under the articles1311-€6,827€0---
Tax-exempt reserves132-€0----
Distributable reserves133-€196,541€228,669€300,436€441,975▲ 47.1%
Profit (loss) carried forward14€0-€0€0€0-
Amounts payable17/49€52,917€51,004€22,555€35,590€26,687▼ 25.0%
Amounts payable within one year42/48€52,460€50,546€13,224€22,815€18,575▼ 18.6%
Trade debts44€23,826€19,170€1,746€2,076€8,936▲ 330%
Suppliers440/4-€19,170€1,746€2,076€8,936▲ 330%
Taxes, remuneration and social security45-€24,677€4,333€12,929€0▼ 100%
Taxes450/3-€24,677€4,333€12,929€0▼ 100%
Other amounts payable47/48-€6,698€7,146€7,809€9,639▲ 23.4%
Accrued charges and deferred income492/3-€459€9,331€12,775€8,112▼ 36.5%
Line20212022202320242025Change
Profit (loss) for the period9904€57,420€52,800€52,897€71,767€175,157▲ 144%
+ Depreciation and write-downs630€199€353€3,142€5,796€6,708▲ 15.7%
Operating cash flow (approximation)€57,618€53,153€56,039€77,563€181,866▲ 134%
Investment in fixed assets (approximation)--€1,379-€26,141-€12,948-€1,657▲ 87.2%
Change in cash--€44,945-€126,694€82,851€46,867▼ 43.4%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
12-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2019net €175,157 ▲144%
Operating result €247,137, net result €175,157, both a record.
30-06
Financial Equity above €500,000Eq €565,050 ▲33.4%
5 profitable years in a row build equity to €565,050.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Liquidity quadruplescurrent ratio 26.47
Current ratio from 7.44 to 26.47; short-term debt falls from €50,546 to €13,224.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
30-06
Financial Back to profitnet €57,420
Net result €57,420 after one loss-making year.
16-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
30-06
Financial Weakest financial yearnet -€2,155
Net result drops to -€2,155, the lowest in the series; recovery starts the following year.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
03-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Knokke-Heist · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
170 m²
Volume, LiDAR
939 m³
Parcel 31024A0144/00R000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Jonckheerestraat 193, 8301 Knokke-Heist
NACE 85120
since 19972.213.890.683
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31024A0144/00R000 Flanders 1.1 ha 1 · 170 m² 10.7 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded10-03-1997
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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