EDDY DEVOS CONSTRUCTIONS
ActiveSummary
EDDY DEVOS CONSTRUCTIONS has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.04M and a net result of €296k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 830 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+39
Solvency58▲+11
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.15 in 2024; short-term debt: 62.2% and cash: 8% of total assets), and 67.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025Solvency, return and age of the figures
Solvency
32.8%
Return on assets
9.4%
Age of the figures
9 mo
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
1819202122232425
2018 to 2025 · latest year €1.04M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
3 d early
2023
29 d early
2022
24 d early
2021
8 d late
2020
17 d early
2019
49 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€5.97M▼ 42.9%
2020 · €10.46M
2018: €8.83M
2019: €8.94M
2020: €10.46M
2018 → 2021
EBIT margin
-3.5%▼ 5.1pp
2020 · 1.6%
2018: 2.6%
2019: 2.5%
2020: 1.6%
2018 → 2021
Net result
€296k▲ 483%
2024 · €51k
2018: €59k
2019: €13k
2020: €26k
2021: €-310k
2022: €-204k
2023: €30k
2024: €51k
2018 → 2025
Working capital
€612k▲ 65.8%
2024 · €369k
2018: €795k
2019: €798k
2020: €816k
2021: €540k
2022: €352k
2023: €305k
2024: €369k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.97M-
Equity€863k-€659k▼ 23.6%€689k▲ 4.5%€740k▲ 7.4%€1.04M▲ 40.0%
Operating result€-211k-€-105k▲ 50.2%€169k€141k▼ 16.7%€375k▲ 166%
Net result€-310k-€-204k▲ 34.3%€30k€51k▲ 70.3%€296k▲ 483%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 166% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.15M
Fixed assets
€582k ▲ 7.2%
Current assets
€2.57M ▼ 10.1%
Equity and liabilities €3.15M
Equity
€1.04M ▲ 40.0%
Debt
€2.12M ▼ 20.5%
Debt's share of the balance-sheet total falls from 78.3% to 67.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€480k▲
2024 · €235k
Cash flow
€401k▲
2024 · €145k
Current ratio
1.31▲
2024 · 1.15
Quick ratio
1.06▲
2024 · 0.70
Debt to equity
2.05▼
2024 · 3.60
ROE
28.6%▲
2024 · 6.9%
ROA
9.4%▲
2024 · 1.5%
Interest coverage
7.23▲
2024 · 2.50
Debt ≤ 1 year
€1.96M▼
2024 · €2.49M
Debt > 1 year
€150k▼
2024 · €162k
Income taxes
€15k▲
2024 · €2k
Staff costs
€2.14M▲
2024 · €1.98M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.40M€3.15M▼
Fixed assets21/28€543k€582k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€353k€385k▲
Furniture and vehicles24€150k€150k▲
Leasing and similar rights25€132k€153k▲
Other tangible fixed assets26€4k€83k▲
Assets under construction and advance payments27€67k€0▼
Financial fixed assets28€190k€196k▲
Current assets29/58€2.86M€2.57M▼
Stocks and contracts in progress3€1.13M€492k▼
Stocks30/36€787k€415k▼
Contracts in progress37€341k€76k▼
Amounts receivable within one year40/41€1.61M€1.81M▲
Trade receivables40€1.55M€1.81M▲
Other amounts receivable41€56k€706▼
Cash at bank and in hand54/58€113k€251k▲
Deferred charges and accrued income490/1€12k€19k▲
Equity and liabilities
Total equity and liabilities10/49€3.40M€3.15M▼
Equity10/15€740k€1.04M▲
Contributions10/11€955k€955k=
Capital10€955k€955k=
Issued capital100€955k€955k=
Reserves13€57k€71k▲
Non-distributable reserves130/1€57k€71k▲
Legal reserve130€57k€71k▲
Profit (loss) carried forward14€-272k€9k▲
Amounts payable17/49€2.66M€2.12M▼
Amounts payable after more than one year17€162k€150k▼
Financial debts170/4€162k€150k▼
Amounts payable within one year42/48€2.49M€1.96M▼
Current portion of amounts payable after more than one year42€64k€73k▲
Financial debts43€800k€250k▼
Credit institutions430/8€800k€250k▼
Trade debts44€1.12M€1.07M▼
Suppliers440/4€1.12M€1.07M▼
Taxes, remuneration and social security45€314k€313k▼
Taxes450/3€30k€155k▲
Remuneration and social security454/9€284k€158k▼
Other amounts payable47/48€195k€250k▲
Accrued charges and deferred income492/3€10k€8k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€2k▼
Remuneration, social security and pensions62€1.98M€2.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€105k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€85k▲
Other operating charges640/8€18k€23k▲
Non-recurring operating charges66A€76-
Gross operating margin9900€2.24M€2.73M▲
Operating profit (loss)9901€141k€375k▲
Financial income75/76B€6k€2k▼
Recurring financial income75€6k€2k▼
Financial charges65/66B€94k€66k▼
Recurring financial charges65€94k€66k▼
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€53k€311k▲
Income taxes67/77€2k€15k▲
Profit (loss) for the period9904€51k€296k▲
Profit (loss) for the period to be appropriated9905€51k€296k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-272k€24k▲
Profit (loss) brought forward from the previous period14P€-322k€-272k▲
Transfer to equity691/2-€15k
To the legal reserve6920-€15k
Social balance
Average headcount (FTE)908743.444.9▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
27-01
State Gazette act
General meeting · Board meeting
Corporate purpose · Statutes amendment
27-01
State Gazette act
General meeting · Board meeting
Statutes amendment · Corporate purpose
2025
31-12
Financial
Highest result since 2018net €296k ▲483%
Operating result €375k, net result €296k, both a record.
31-12
Financial
Equity above €1MEq €1.04M ▲40%
3 profitable years in a row build equity to €1.04M.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
14-01
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
14-01
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
19-01
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
19-01
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
2023
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
Show earlier events
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
07-02
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
07-02
State Gazette act
General meeting · Board meeting
Director reappointment · Permanent representative
2022
29-11
State Gazette act
General meeting · Board meeting
Director appointment · Permanent representative
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
28-07
State Gazette act
General meeting · Board meeting
Director appointment · Permanent representative
02-03
State Gazette act
General meeting · Board meeting
Statutes amendment · Corporate purpose
02-03
State Gazette act
General meeting · Board meeting
Statutes amendment · Corporate purpose
2021
31-12
Financial
Weakest financial yearnet €-310k
Net result drops to €-310k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
14-12
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
14-12
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 49 days late
2019
24-12
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
24-12
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2014
03-01
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
03-01
State Gazette act
General meeting · Board meeting
Director reappointment · Director resignation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Tournai · 1 establishment unit since 1987
Ground area
3,484 m²
Building footprint
265 m²
Volume, LiDAR
1,075 m³
Parcel 57462A0004/00L000, Wallonia · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Quai des Vicinaux(TOU) 30, 7500 Tournai
since 19872.029.623.644
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462A0004/00L000 | Wallonia | 3,484 m² | 1 · 265 m² | 6.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
9 connected companiesLinked via shared directors
Shared director
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Shared director
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Shared director
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Show 5 more companies with a shared director
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Shared director
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
Recognitions · licences · registrations
Recognised contractor
12 categoriesEDDY DEVOS CONSTRUCTIONS SA18599
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 6,302 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-07-1987
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.