Equity
€1.0m ▲ 40.0%
EDDY DEVOS CONSTRUCTIONS has made a profit without a break since 2023.
EDDY DEVOS CONSTRUCTIONS
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €12.0m (2008)
-not published
lowest -€309,999 (2021)
€296,009▲ 483%
peak €1.2m (2020)
€1.0m▲ 40.0%
€2.1m▼ 20.5%
peak 92.8 FTE (2009)
44.9 FTE▲ 3.5%
Board6 names since 2019
2 directorsCHAMPY-CODE SA and 1 other
Owners
99.99%SERVI-CODE
Documentsfilings and deeds
14-07-202617 days before the deadline
2025financial year
Gross margin from €2.2m to €2.7mResult from €50,737 to €296,009Appointment: 2C&B SRL (statutory auditor) 13-11Equity from €739,844 to €1.0mDebts from €2.7m to €2.1mCash from €112,556 to €251,042
Key points
from the 2025 annual accountsResult
€296,009 ▲ 483%
The result rose in 2025 from €50,737 to €296,009.
Turnover
≈ €4.7m estimated
The accounts state no turnover.
Staff
44.9 FTE from 92.8 in 2009
Between 2009 and 2025, 52% of the full-time equivalents disappeared.
Filings
38 annual accounts since 1988
Five of the last ten came late. The 2019 accounts came latest: 49 days after the end of the period.
Position in the sector
€2.7m
Higher gross margin than 95% of companies in construction of buildings. Sector median €186,226 · 725 companies.
Checked score
89
Excellent
Financially stronger than 63% of small companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 911 companies (NACE 41, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025
03-2025: 1.4%▲ +0.2 percentage points vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 1.0%▼ -0.7 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.2%▲ +0.2 percentage points vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.3%▲ +0.1 percentage points vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 0.3%▼ -1.0 percentage point vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 1987
Figures for financial year 2025 (filed on 14-07-2026)
Profit of €296,009 (financial year 2025)
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 41, small). It does better than 52% of them on solvency, 29% on liquidity, 83% on profitability and 89% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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, 20,137 companies had the same profile as EDDY DEVOS CONSTRUCTIONS has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of EDDY DEVOS CONSTRUCTIONS itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 20,137 companies, not a prediction for EDDY DEVOS CONSTRUCTIONS. 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 €90,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.31 (1.15 in 2024), below the usual 1.5. Short-term debt is 62.2% and cash 8% of total assets. 67.2% 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
1819202122232425
2018 to 2025 · latest year €1.0m
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 days early
2024
3 days early
2023
29 days early
2022
24 days early
2021
8 days late
2020
17 days early
2019
49 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 5 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
CC
CHAMPY-CODE SA
Managing director, Eddy DEVOS
S
2C&B SRL (F00524)
Auditor
- SERVI-CODE 99.99%score 92equity €529,821 (2025) · 30-06-2025 annual accounts of SERVI-CODE
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0431480942
Appointment: 2C&B SRL (statutory auditor)
General meeting of 25-06-2024 · Gazette deed
Amendment of the articles
General meeting of 26-09-2023 · Gazette deed
Appointment: Servi-Code SA (managing director)
Permanent representative: Jean-Guillaume Devos · Board meeting of 14-12-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EDDY DEVOS CONSTRUCTIONS Tournai | €3.2m | €2.7m | 32.8% | 44.9 |
| BOUTRIBATI Tournai | €3.4m | €1.9m | 12.4% | 35.9 |
| DEREY Gerpinnes | €4.9m | €3.3m | 14.2% | 40.2 |
| XLG RENO Herstal | €2.6m | €3.1m | 47.4% | 42 |
| ENTREPRISE Georges COLLARD Welkenraedt | €4.2m | €2.4m | 38.2% | 34.9 |
| RENOVATIEWERKEN VD & K Lommel | €2.7m | €2.4m | 27.0% | 32.8 |
| BOUWBEDRIJF JANSSEN Bilzen-Hoeselt | €5.2m | €3.0m | 29.8% | 48.1 |
These companies have the same main activity as EDDY DEVOS CONSTRUCTIONS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.6m and €5.2m, founded between 1982 and 1994.
Official details
Source: KBO- Status
- Active since 07-07-1987Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.029.623.6447500 Tournai, since 16-07-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €3.2m▼ 7.3%
- Employeeson 31-12-2025
- 47▲ 6.8%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on EDDY DEVOS CONSTRUCTIONS
Solvency rose in 2025 from 21.7% to 32.8% because of the retained profit and lower debts.
SERVI-CODE holds all the shares. In January 2022, the Official Gazette published the appointment of SERVI-CODE SA as managing director.
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 EDDY DEVOS CONSTRUCTIONS
- What is the company number of EDDY DEVOS CONSTRUCTIONS?
- The company number of EDDY DEVOS CONSTRUCTIONS is 0431.480.942. The VAT number is the same number with BE in front: BE 0431.480.942.
- Where is EDDY DEVOS CONSTRUCTIONS based?
- The registered office is at Quai des Vicinaux 30, 7500 Tournai.Company details
- What does EDDY DEVOS CONSTRUCTIONS do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of EDDY DEVOS CONSTRUCTIONS?
- EDDY DEVOS CONSTRUCTIONS is a public limited company (NV).
- When was EDDY DEVOS CONSTRUCTIONS founded?
- EDDY DEVOS CONSTRUCTIONS was founded on 07-07-1987.
- Is EDDY DEVOS CONSTRUCTIONS still active?
- Yes, EDDY DEVOS CONSTRUCTIONS is an active enterprise in the KBO register.
- How many employees does EDDY DEVOS CONSTRUCTIONS have?
- EDDY DEVOS CONSTRUCTIONS had an average of 44.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of EDDY DEVOS CONSTRUCTIONS?
- The turnover in financial year 2025 is ≈ €4.7m. This figure is estimated from the gross margin of €2.7m and 1,585 comparable companies of the same size. It probably lies between €3.2m and €7.7m. It is a rough estimate. In financial year 2021 turnover was €6.0m.
- Is EDDY DEVOS CONSTRUCTIONS profitable?
- In financial year 2025, EDDY DEVOS CONSTRUCTIONS made a profit of €296,009.
- Where can I find the annual accounts of EDDY DEVOS CONSTRUCTIONS?
- EDDY DEVOS CONSTRUCTIONS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EDDY DEVOS CONSTRUCTIONS due?
- EDDY DEVOS CONSTRUCTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
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