Skip to content

Group Deva

Active
Private limited companyfounded 2021active for 5 yearsOoststraat 41, 8940 Wervik, BelgiumKBO/BCE: BE 0775.423.245
Summary

The computed 12-month bankruptcy probability of Group Deva is 2.2% (moderate). The 2025 annual accounts show equity of €150,660 and a net result of €11,226. Its solvency ranks better than 26% of 1,667 sector peers (NACE 33, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Repair and maintenance of electrical equipment
NACE 33140General electrical installation work NACE 43211
2 sites
Size
€617,961total assets 2025
Staff
7.9 FTE
Equity
€150,660
Profit
€11,226
Turnover not published (micro format)
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Accounts 7 days early0 of 2 deeds read
Why 52raises riskLiquidity: current ratio 1.00Founded in 2021Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskSize: total assets €617,961Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 33, micro)
Financial strength · tick = 2024
Average
Solvency 49-16
equity 24.4% of total assets
Liquidity 42+10
short-term debt 56.6%
Profitability 64-27
return on assets 1.8%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,381 companies, NACE 33, micro)
Last 24 months 11-2024: 8.2% 12-2024: 8.2%● unchanged vs 11-2024 01-2025: 8.2%● unchanged vs 12-2024highest value 02-2025: 8.2%● unchanged vs 01-2025highest value 03-2025: 8.2%● unchanged vs 02-2025highest value 04-2025: 8.2%● unchanged vs 03-2025highest value 05-2025: 8.2%● unchanged vs 04-2025highest value 06-2025: 7.5%▼ -0.7 percentage points vs 05-2025 07-2025: 7.5%● unchanged vs 06-2025 08-2025: 0.7%▼ -6.8 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025lowest value 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +1.2 percentage points vs 07-2026 09-2026: 2.2%● unchanged vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.0, compared with 1.27 in 2024, below the usual 1.5; short-term debt: 56.6% of total assets), and 75.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 33, micro): better than 27% on solvency, 32% on liquidity, 27% on profitability and 24% on growth.

The bankruptcy probability was computed on 16-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.00
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €617,961
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
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 24-07-2026, 7 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
7 days early
2024
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 7 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€150,660▼ 9.2%
2024 · €165,904
Total assets
€617,961▲ 47.3%
2024 · €419,474
Net result
€11,226▼ 85.1%
2024 · €75,486
Working capital
€1,211▼ 97.9%
2024 · €56,372
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 69% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€33,522 2025 Net result€11,226 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€108,945-€33,522▼ 69.2%
Net result€75,486above the sector's middle half-€11,226within the sector's middle half▼ 85.1%
Equity€165,904above the sector's middle half-€150,660above the sector's middle half▼ 9.2%
Total assets€419,474above the sector's middle half-€617,961above the sector's middle half▲ 47.3%
Debt€253,569-€467,301▲ 84.3%
Working capital€56,372within the sector's middle half-€1,211below the sector's middle half▼ 97.9%
Solvency39.6%within the sector's middle half-24.4%within the sector's middle half▼ 15.2pp
Current ratio1.27within the sector's middle half-1.00below the sector's middle half▼ 0.27
Return on assets (ROA)18.0%within the sector's middle half-1.8%below the sector's middle half▼ 16.2pp
Staff (FTE)6-7.9▲ 31.7%
above within below the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €617,961
Fixed assets €267,061 ▲ 70.7%
Current assets €350,900 ▲ 33.4%
Equity and liabilities €617,961
Equity €150,660 ▼ 9.2%
Debt €467,301 ▲ 84.3%
Debt's share of the balance-sheet total rises from 60.4% to 75.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€80,019▼
2024 · €142,254
Cash flow
€57,723▼
2024 · €108,795
Quick ratio
0.70▼
2024 · 0.93
Debt to equity
3.10▲
2024 · 1.53
ROE
7.5%▼
2024 · 45.5%
Interest coverage
5.15▼
2024 · 10.36
Debt ≤ 1 year
€349,689▲
2024 · €206,612
Debt > 1 year
€117,612▲
2024 · €46,413
Income taxes
€7,189▼
2024 · €21,292
Staff costs
€406,875▲
2024 · €257,791
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,274 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.7% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
94.7% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 3,274 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 · 62 lines
Balance sheet Code20242025
Assets
Total assets20/58€419,474€617,961▲
Fixed assets21/28€156,489€267,061▲
Intangible fixed assets21€338€288▼
Tangible fixed assets22/27€156,058€266,404▲
Land and buildings22€15,000€15,000=
Plant, machinery and equipment23€30,502€48,437▲
Furniture and vehicles24€61,424€81,129▲
Leasing and similar rights25€30,535€95,809▲
Other tangible fixed assets26€18,597€26,029▲
Financial fixed assets28€93€369▲
Current assets29/58€262,985€350,900▲
Amounts receivable after more than one year29€13,903-
Other amounts receivable291€13,903-
Stocks and contracts in progress3€71,246€107,172▲
Stocks30/36€62,990€107,172▲
Contracts in progress37€8,256-
Amounts receivable within one year40/41€142,213€231,865▲
Trade receivables40€88,436€188,628▲
Other amounts receivable41€53,777€43,237▼
Cash at bank and in hand54/58€23,158-
Deferred charges and accrued income490/1€12,465€11,863▼
Equity and liabilities
Total equity and liabilities10/49€419,474€617,961▲
Equity10/15€165,904€150,660▼
Contributions10/11€1,000€1,000=
Reserves13€164,904€149,660▼
Distributable reserves133€164,904€149,660▼
Amounts payable17/49€253,569€467,301▲
Amounts payable after more than one year17€46,413€117,612▲
Financial debts170/4€46,413€113,924▲
Other amounts payable178/9-€3,689
Amounts payable within one year42/48€206,612€349,689▲
Current portion of amounts payable after more than one year42€66,912€70,887▲
Financial debts43-€31,486
Credit institutions430/8-€31,486
Trade debts44€111,451€203,267▲
Suppliers440/4€111,451€203,267▲
Taxes, remuneration and social security45€28,250€38,049▲
Taxes450/3€3,935€189▼
Remuneration and social security454/9€24,315€37,860▲
Other amounts payable47/48-€6,000
Accrued charges and deferred income492/3€544-
Income statement Code20242025
Non-recurring operating income76A-€1,817
Remuneration, social security and pensions62€257,791€406,875▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,309€46,496▲
Other operating charges640/8€2,005€4,141▲
Non-recurring operating charges66A€7,362€5,832▼
Gross operating margin9900€409,412€496,867▲
Operating profit (loss)9901€108,945€33,522▼
Financial income75/76B€1,559€436▼
Recurring financial income75€1,559€436▼
Financial charges65/66B€13,725€15,543▲
Recurring financial charges65€13,725€15,543▲
Profit (loss) for the period before taxes9903€96,778€18,415▼
Income taxes67/77€21,292€7,189▼
Profit (loss) for the period9904€75,486€11,226▼
Profit (loss) for the period to be appropriated9905€75,486€11,226▼
Appropriation of the result
Profit (loss) to be appropriated9906€75,486€11,226▼
Transfer from equity791/2-€26,471
Transfer to equity691/2€75,486€11,226▼
To other reserves6921€75,486€11,226▼
Profit to be distributed694/7-€26,471
Return on contributions (dividend)694-€26,471

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€1,817-
Remuneration, social security and pensions62€257,791€406,875▲ 57.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,309€46,496▲ 39.6%
Other operating charges640/8€2,005€4,141▲ 107%
Non-recurring operating charges66A€7,362€5,832▼ 20.8%
Gross operating margin9900€409,412€496,867▲ 21.4%
Operating profit (loss)9901€108,945€33,522▼ 69.2%
Financial income75/76B€1,559€436▼ 72.0%
Recurring financial income75€1,559€436▼ 72.0%
Financial charges65/66B€13,725€15,543▲ 13.2%
Recurring financial charges65€13,725€15,543▲ 13.2%
Profit (loss) for the period before taxes9903€96,778€18,415▼ 81.0%
Income taxes67/77€21,292€7,189▼ 66.2%
Profit (loss) for the period9904€75,486€11,226▼ 85.1%
Profit (loss) for the period to be appropriated9905€75,486€11,226▼ 85.1%
Line20242025Change
Assets
Total assets20/58€419,474€617,961▲ 47.3%
Fixed assets21/28€156,489€267,061▲ 70.7%
Intangible fixed assets21€338€288▼ 14.8%
Tangible fixed assets22/27€156,058€266,404▲ 70.7%
Land and buildings22€15,000€15,000=
Plant, machinery and equipment23€30,502€48,437▲ 58.8%
Furniture and vehicles24€61,424€81,129▲ 32.1%
Leasing and similar rights25€30,535€95,809▲ 214%
Other tangible fixed assets26€18,597€26,029▲ 40.0%
Financial fixed assets28€93€369▲ 299%
Current assets29/58€262,985€350,900▲ 33.4%
Amounts receivable after more than one year29€13,903--
Other amounts receivable291€13,903--
Stocks and contracts in progress3€71,246€107,172▲ 50.4%
Stocks30/36€62,990€107,172▲ 70.1%
Contracts in progress37€8,256--
Amounts receivable within one year40/41€142,213€231,865▲ 63.0%
Trade receivables40€88,436€188,628▲ 113%
Other amounts receivable41€53,777€43,237▼ 19.6%
Cash at bank and in hand54/58€23,158--
Deferred charges and accrued income490/1€12,465€11,863▼ 4.8%
Equity and liabilities
Total equity and liabilities10/49€419,474€617,961▲ 47.3%
Equity10/15€165,904€150,660▼ 9.2%
Contributions10/11€1,000€1,000=
Reserves13€164,904€149,660▼ 9.2%
Distributable reserves133€164,904€149,660▼ 9.2%
Amounts payable17/49€253,569€467,301▲ 84.3%
Amounts payable after more than one year17€46,413€117,612▲ 153%
Financial debts170/4€46,413€113,924▲ 145%
Other amounts payable178/9-€3,689-
Amounts payable within one year42/48€206,612€349,689▲ 69.2%
Current portion of amounts payable after more than one year42€66,912€70,887▲ 5.9%
Financial debts43-€31,486-
Credit institutions430/8-€31,486-
Trade debts44€111,451€203,267▲ 82.4%
Suppliers440/4€111,451€203,267▲ 82.4%
Taxes, remuneration and social security45€28,250€38,049▲ 34.7%
Taxes450/3€3,935€189▼ 95.2%
Remuneration and social security454/9€24,315€37,860▲ 55.7%
Other amounts payable47/48-€6,000-
Accrued charges and deferred income492/3€544--
Line20242025Change
Profit (loss) for the period9904€75,486€11,226▼ 85.1%
+ Depreciation and write-downs630€33,309€46,496▲ 39.6%
Operating cash flow (approximation)€108,795€57,723▼ 46.9%
Investment in fixed assets (approximation)--€157,069-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 24-07-2026 2026-00327464
31-12-2024 micro format 24-07-2025 2025-00301622

Similar companies · same sector, comparable size

Of the 636 active companies whose main activity is repair and maintenance of electrical equipment (NACE 33140), figures are known for 204. 151 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 2 entries · €3,500 awarded · €3,500 paid
Year Entries AwardedPaid
2025 1 €3,000€3,000
2023 1 €500€500
Schemes
1 entry · €3,000 · €3,000 paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie
1 entry · €500 · €500 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Group Deva was incorporated on 7 October 2021 as a private limited company.1 The company has filed 2 sets of annual accounts, the latest for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
24-07
NBB filing Annual accounts filed
financial year 2024 · micro format
NBB filing
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded07-10-2021
Financial year end31-12
Activities, NACEBEL 2025
33140Repair and maintenance of electrical equipment
43211General electrical installation work
42220Construction of utility projects for electricity and telecommunications
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
47559Retail sale of other household articles
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Contact
Phone 0471383287Wervik
E-invoicing
Reachable via Peppol
Peppol ID 0208:0775423245
Also 9925:BE0775423245
Registered 31-10-2023

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

Register as of 17 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0775.423.245

Recognitions · licences · registrations

Recognised contractor

2 categories
Group Deva BVapproval no. 46099
  • D General building contractsclass 2, up to €330,000
  • D1 All shell construction and roofing-in of buildingsclass 2, up to €330,000
decision 31-03-2026

Food safety, FASFC

1 site
Wervikunit no. 2.322.939.073
1 permission
Detailhandel LM>3 maand · since 01-03-2024

Dual-learning approval

5 live approvals · 1 ended
Elektrische installaties duaal (so)
approved · 2023 to 2028
Elektrotechnicus (vwo)
approved · 2023 to 2028
Elektrotechnicus duaal (so)
approved · 2023 to 2028
Elektrotechnisch installateur (vwo)
approved · 2023 to 2028
Installateur elektrotechnische basiscomponenten duaal (so)
approved · 2024 to 2029
Show 1 ended approval
Residentieel elektrotechnisch installateur (so)
discontinued · 2023 to 2025

Legal Entity Identifier

9845008E0C5796697F86
live in the LEI register

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wervik · 2 establishment units since 2021
registered office establishment All 2 establishment units on the map
Ground area
1,109 m²
Building footprint
264 m²
Building volume
1,476 m³
2 parcels, Flanders · tallest building 11.2 m. Linked by address, not a title deed.
2 establishment units
Group Deva
Ooststraat 41, 8940 WervikGeneral electrical installation work
since 2021unit no. 2.322.939.073
Group Deva
Lourdesstraat 28 B, 8940 WervikGeneral electrical installation work
since 2024unit no. 2.364.093.502
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
33009C1053/00Y000 Flanders 812 m² 1 · 167 m² 9.0 m · 2
33029A0650/00Z015 Flanders 297 m² 1 · 96 m² 11.2 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.