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EDDY DEVOS CONSTRUCTIONS

Active
Public limited company·Algemene bouw van residentiële gebouwen· 39 yrs active
Quai des Vicinaux(TOU) 30 ·7500 Tournai, Belgium
KBO/BCE: BE 0431.480.942
Watch Print / PDF
Age39 yrs
Board2
Staff (FTE)43.4
Connections12
Real estate1 parcel · 3,484 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of EDDY DEVOS CONSTRUCTIONS is 0.6% (low). The 2023 annual accounts show equity of €689k and a net result of €30k. Equity is shrinking by ~12.6% per year across the filed fiscal years. The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Trust signals

3 signals
Long-established
Founded in 1987, 39 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Long track record −Higher-failure-rate sector +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€5.97M
EBIT margin-3.5%
Net result€30k
Working capital€305k-13.3%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 28-07-2025 with the NBB · fiscal year 2024 · volledig
€-2.00M€0€2.00M€4.00M€6.00MRevenue 2021: €5.97M€5.97MOperating result 2021: €-211k€-211kNet result 2021: €-310k€-310kOperating result 2022: €-105k€-105kNet result 2022: €-204k€-204kOperating result 2023: €169k€169kNet result 2023: €30k€30k202120222023
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~12.6%/year over 3 fiscal years, indicative, assuming unchanged policy.
€200k€400k€600k€800k2024: €602k (€547k - €657k)2025: €515k (€460k - €570k)2026: €428k (€373k - €483k)2021: €863k2022: €659k2023: €689k202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Revenue
€5.97M
- 21-23
EBITDA
€248k
- far above sector median
Net profit
€30k
- far above sector median
Cash flow
€109k
- far above sector median
Total assets
€3.88M
+0.1% far above sector median
Equity
€689k
+4.5% far above sector median
Working capital
€305k
-13.3% +262% vs sector
Employees (FTE)
43
-0.2% far above sector median
Staff costs
€1.87M
-0.1% far above sector median
Income taxes
€2k
+4.6% far above sector median
Debt
€3.19M
-0.8% far above sector median
Debt ≤ 1y
€3.09M
-0.7% far above sector median
Debt > 1y
€86k
-2.7% 21-23
Current ratio
1.10
-1.3% -49% vs sector
Quick ratio
0.50
+68.7% -77% vs sector
Solvency
17.7%
+4.4% -67% vs sector
Debt / equity
4.63
-5.1% +252% vs sector
ROE
4.3%
- far above sector median
ROA
0.8%
- far above sector median
Net margin
-5.2%
- 21-23
EBITDA margin
-1.7%
- 21-23
Interest coverage
1.77
- far above sector median
Figures by fiscal year
Fiscal year2023
Revenue-
EBITDA€248k
Net profit€30k
Cash flow€109k
Staff costs€1.87M
Income taxes€2k
Dividends-
Total assets€3.88M
Equity€689k
Debt€3.19M
of which ≤ 1y€3.09M
of which > 1y€86k
Working capital€305k
Employees (FTE)43.4
Ratios (computed)
2023
Current ratio1.10
Quick ratio0.50
Working capital ratio7.9%
Solvency17.7%
Debt / equity4.63
Long-term debt ratio0.13
Interest coverage1.77
Gross margin-
Net margin-
ROA0.8%
ROE4.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€3.88M
Fixed assets 21/28€486k
Formation expenses 20€0
Intangible fixed assets 21€2k
Tangible fixed assets 22/27€278k
Financial fixed assets 28€207k
Current assets 29/58€3.40M
Stocks & contracts in progress 3€1.85M
Amounts receivable within one year 40/41€1.40M
Cash & bank 54/58€143k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3.88M
Equity 10/15€689k
Contributions / capital 10/11€955k
Reserves 13€57k
Accumulated profits (losses) 14€-322k
Amounts payable 17/49€3.19M
Amounts payable after one year 17€86k
Amounts payable within one year 42/48€3.09M
Trade debts payable within one year 44€1.49M
Income statement
Gross operating margin 9900€2.14M
Operating result 9901€169k
Financial income 75€3k
Financial charges 65€140k
Result before taxes 9903€32k
Income taxes 67/77€2k
Net result for the period 9904€30k
Result to be appropriated 9905€30k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
54 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

3 directors
Current directors & mandates
  • CHAMPY-CODE SALegal entity
    Director· perm. rep.: Eddy DEVOS
    State Gazette act 21074396 (23-06-2021)
    Current
    17-02-2016 → present
    4 events
    • 23-06-2021 Mandate renewed· Director
    • 23-06-2021 Mandate renewed· Managing director
    • 17-02-2016 Mandate renewed· Director
    • 17-02-2016 Appointed· Manager
  • SERVI-CODE SALegal entity
    Director· perm. rep.: Jean-Guillaume DEVOS
    State Gazette act 21074396 (23-06-2021)
    Current
    17-02-2016 → present
    2 events
    • 23-06-2021 Mandate renewed· Director
    • 17-02-2016 Mandate renewed· Director
Former directors (1)
  • Eddy DEVOS
    Director
    State Gazette act 16025289 (17-02-2016)
    Former
    - → 17-02-2016
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

4 auditors
Statutory auditor IRE/IBR number Tenure
SRL 2C&BCurrent
Statutory auditor · represented by Victor Collin
 - 13-11-2025 → present
2 C&B
Statutory auditor · represented by Victor Colin
succeeded by SRL 2C&B in 2025
 - 23-06-2021 → 13-11-2025
DCB Collin Desablens
Statutory auditor · represented by COLLIN Victor
succeeded by 2 C&B in 2021
 - 17-02-2016 → 23-06-2021
ScPRL DCB COLLIN & DESABLENS
Statutory auditor · represented by COLLIN Victor
succeeded by DCB Collin Desablens in 2016
 - 28-08-2012 → 17-02-2016
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

indexing
No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Algemene bouw van residentiële gebouwen(41001)
Legal form Public limited company(014)
Incorporation07-07-1987
StatusActive
Postal code7500

Structure & network

Connections & network

12 connected companies
GROUP S - SECRETARIAT SOCIAL, SECRETARIAT SOCIAL AGREE D'EMPLOYEURS, Subsidiary GSGROUP S -SECRETAR…YEURSAgence locale pour l'Emploi de Frasnes-lez-Anvaing, Shared director ALAgence localepour l'E…vaingBUILDWISE, Shared director BBUILDWISEDVS Construct & Immo, Shared director DCDVS Construct& ImmoECOLE DES MANAGERS DES ENTREPRISES DE LA CONSTRUCTION, Shared director EDECOLE DESMANAGERS…CTIONEMBUILD, Shared director EEMBUILDFONDS DE PROMOTION DE L'INDUSTRIE DE LA CONSTRUCTION - FONDS VOOR PROMOTIE VAN DE BOUWNIJVERHEID, Shared director FDFONDS DEPROMOTIO…RHEIDGROUP S - OFFICE PATRONAL DE COMPENSATION - GROUP S - PATRONALE KOMPENSATIEDIENST, Shared director GSGROUP S -OFFICE P…IENSTGroup S-Caisse d'assurances sociales pour indépendants a.s.b.l, Shared director GSGroup S-Caissed'assura…s.b.lPatronale Dienst voor Organisatie en Kontrole van de Bestaanszekerheidsstelsels - Office patronal d'Organisation et de Côtrole des Régimes de Séc. d'Exis., Shared director PDPatronaleDienst v…Exis.RECYHOC, Shared director RRECYHOCTRADECOWALL, Shared director TTRADECOWALLEDDY DEVOS CONSTRUCTIONS EDDY DEVOSCONSTRU…IONS0431.480.942
Group structureShared directors
Group structure
→
Network connections
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Establishment units

1 location
Quai des Vicinaux(TOU) 30, 7500 Tournai
Handel in auto's
since 19872.029.623.644
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,484 m²
Buildings1
Building footprint265 m²
Volume (LiDAR)1,075 m³
Tallest building6.5 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57462A0004/00L000 Wallonia 3,484 m² 1 · 265 m² 6.5 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health54Profitability22Solvency25Growth58Stability100
52 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 54
Profitability 22
Solvency 25
Growth 58
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Bouwen van individuele huizen45211
Primary activity highlighted.
Names & trade names
Legal nameFR EDDY DEVOS CONSTRUCTIONS
Registered office
Quai des Vicinaux(TOU) 30
7500 Tournai, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.