FIRMA P. DEVOOGHT
ActiveSummary
FIRMA P. DEVOOGHT has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.82M and a net result of €54k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 95% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-1
Solvency100=
Growth50▼-17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
short-term debt: 0% and cash: 15.3% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
100%
Return on assets
1.4%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
9 d early
2023
23 d early
2022
13 d early
2021
18 d early
2020
18 d early
2019
21 d early
← 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
€117k▲ 2.8%
2024 · €113k
2018: €93k
2019: €94k
2020: €95k
2021: €97k
2022: €101k
2023: €109k
2024: €113k
2018 → 2025
EBIT margin
-17.9%▼ 10.6pp
2024 · -7.2%
2018: 2.2%
2019: 6.4%
2020: 6.8%
2021: 10.5%
2022: 8.2%
2023: 26.0%
2024: -7.2%
2018 → 2025
Net result
€54k▼ 22.0%
2024 · €69k
2018: €63k
2019: €65k
2020: €77k
2021: €88k
2022: €84k
2023: €103k
2024: €69k
2018 → 2025
Working capital
€671k▲ 119%
2024 · €307k
2018: €382k
2019: €332k
2020: €269k
2021: €315k
2022: €733k
2023: €368k
2024: €307k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€97k-€101k▲ 4.8%€109k▲ 7.7%€113k▲ 3.8%€117k▲ 2.8%
Equity€3.51M-€3.60M▲ 2.4%€3.70M▲ 2.9%€3.77M▲ 1.9%€3.82M▲ 1.4%
Operating result€10k-€8k▼ 18.8%€28k▲ 243%€-8k€-21k▼ 154%
Net result€88k-€84k▼ 4.6%€103k▲ 22.8%€69k▼ 33.0%€54k▼ 22.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2025 against €8k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.82M
Fixed assets
€3.15M ▼ 9.0%
Current assets
€672k ▲ 102%
Equity and liabilities €3.82M
Equity
€3.82M ▲ 1.4%
Debt
€908 ▼ 96.6%
Debt's share of the balance-sheet total falls from 0.7% to 0.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▲
2024 · €70k
Cash flow
€155k▲
2024 · €148k
Debt to equity
0.00▼
2024 · 0.01
ROE
1.4%▼
2024 · 1.8%
ROA
1.4%▼
2024 · 1.8%
Interest coverage
61.76▼
2024 · 69.05
Debt ≤ 1 year
€908▼
2024 · €26k
A ratio outside any meaningful range has been withheld (balance sheet total €3.82M, equity €3.82M).
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.80M€3.82M▲
Fixed assets21/28€3.46M€3.15M▼
Tangible fixed assets22/27€1.46M€1.48M▲
Land and buildings22€1.44M€1.46M▲
Plant, machinery and equipment23€22k€19k▼
Financial fixed assets28€2.00M€1.68M▼
Affiliated companies280/1€2.00M€1.68M▼
Amounts receivable281€2.00M€1.68M▼
Current assets29/58€333k€672k▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€6k€6k▲
Trade receivables40€6k€6k▲
Other amounts receivable41€196€695▲
Cash at bank and in hand54/58€245k€587k▲
Deferred charges and accrued income490/1€82k€79k▼
Equity and liabilities
Total equity and liabilities10/49€3.80M€3.82M▲
Equity10/15€3.77M€3.82M▲
Contributions10/11€2.95M€2.95M=
Capital10€2.95M€2.95M=
Issued capital100€2.95M€2.95M=
Reserves13€824k€878k▲
Non-distributable reserves130/1€297k€297k=
Legal reserve130€295k€295k=
Other1319€2k€2k=
Tax-exempt reserves132€189k€189k=
Distributable reserves133€338k€392k▲
Amounts payable17/49€26k€908▼
Amounts payable within one year42/48€26k€908▼
Trade debts44€26k€908▼
Suppliers440/4€26k€908▼
Accrued charges and deferred income492/3€40€0▼
Income statement
Code20242025
Operating income70/76A€119k€122k▲
Turnover70€113k€117k▲
Other operating income74€6k€6k▲
Non-recurring operating income76A€0-
Operating charges60/66A€127k€143k▲
Services and other goods61€28k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€101k▲
Other operating charges640/8€21k€23k▲
Operating profit (loss)9901€-8k€-21k▼
Financial income75/76B€79k€76k▼
Recurring financial income75€79k€76k▼
Income from financial fixed assets750€79k€75k▼
Income from current assets751€0€879▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Other financial charges652/9€1k€1k▲
Profit (loss) for the period before taxes9903€69k€54k▼
Income taxes67/77€0-
Taxes670/3€0-
Profit (loss) for the period9904€69k€54k▼
Profit (loss) for the period to be appropriated9905€69k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€54k▼
Transfer to equity691/2€69k€54k▼
To other reserves6921€69k€54k▼
The notes to these accounts (28 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
04-08
State Gazette act
Appointment: VRC bedrijfsrevisoren (statutory auditor)2 facts ▸
State Gazette act
Appointment: VRC bedrijfsrevisoren (statutory auditor)
2 facts ▸
- General meeting, 25/06/2026
- Auditor appointment, VRC bedrijfsrevisoren (statutory auditor)
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €54k ▼22%
Net result drops to €54k, the lowest in the series.
31-12
Financial
Liquidity times 58current ratio 740.16
Current ratio from 12.67 to 740.16; short-term debt falls from €26k to €908.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €103k ▲22.8%
Operating result €28k, net result €103k, both a record.
31-12
Financial
Liquidity times 34current ratio 736.91
Current ratio from 21.91 to 736.91; short-term debt falls from €35k to €500.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 1927current ratio 10231.94
Current ratio from 5.31 to 10231.94; short-term debt falls from €62k to €31.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wingene · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tieltsteenweg 3A8750 WingeneGround area
1.5 ha
Building footprint
2,001 m²
Volume, LiDAR
14,177 m³
Parcel 37018E0041/00M000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tieltsteenweg 3A, 8750 Wingene
since 20012.014.472.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018E0041/00M000 | Flanders | 1.5 ha | 1 · 2,001 m² | 10.6 m · 2 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.
Statutory auditor
1 auditor| VRC BEDRIJFSREVISORENCurrent Statutory auditor | 04-08-2026 → present |
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Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 2,964 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
Founded29-12-1977
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.