JAN DEVOS
ActiveSummary
JAN DEVOS has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320,467 and a net result of €35,856. Equity is growing by about 2.6% per year across the filed financial years. Its solvency ranks better than 28% of 9,849 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Staff
- 9.1 FTE
- Equity
- €320,467
- Profit
- €35,856
Why 82raises riskSector: Specialised construction activities (NACE 43)Size: 9.1 FTE, total assets €1.2mlowers riskFounded in 1989Liquidity: current ratio 1.07, cash €146,849Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro): better than 28% on solvency, 25% on liquidity, 43% on profitability and 59% on growth.
The bankruptcy probability was computed on 29-10-2026 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).
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Signals
This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Reappointment: DEVOS Brecht (director)Appointment: DEVOS Brecht (director) ·…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: 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), Staff (FTE).
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.5% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
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 3,984 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.01m | €0.06m | €0.01m | €0.01m | €0.01m | ▲ 7.5% |
| Remuneration, social security and pensions62 | - | - | - | €0.6m | €0.6m | €0.8m | €0.7m | €0.8m | ▲ 12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.08m | €0.07m | €0.07m | €0.07m | €0.08m | €0.08m | €0.09m | ▲ 13.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.005m | €0.009m | €0.008m | €0.007m | €0.005m | ▼ 28.3% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.01m | €0.02m | €0 | ▼ 100% |
| Gross operating margin9900 | €0.6m | €0.5m | €0.6m | €0.7m | €0.8m | €0.9m | €0.9m | €1.0m | ▲ 8.9% |
| Operating profit (loss)9901 | €0.07m | €0.01m | €0.02m | €0.04m | €0.06m | €0.05m | €0.07m | €0.08m | ▲ 8.1% |
| Financial income75/76B | - | - | - | €0.005m | €0.01m | €0.01m | €0.006m | €0.005m | ▼ 8.3% |
| Recurring financial income75 | €0.008m | €0.007m | €0.02m | €0.005m | €0.01m | €0.01m | €0.006m | €0.005m | ▼ 8.3% |
| Non-recurring financial income76B | - | - | - | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.01m | €0.02m | €0.03m | €0.02m | €0.02m | ▲ 7.4% |
| Recurring financial charges65 | €0.01m | €0.02m | €0.02m | €0.01m | €0.02m | €0.03m | €0.02m | €0.02m | ▲ 7.4% |
| Profit (loss) for the period before taxes9903 | €0.06m | €0.006m | €0.02m | €0.03m | €0.06m | €0.04m | €0.05m | €0.06m | ▲ 6.6% |
| Transfer from deferred taxes780 | - | - | - | €0.001m | €0 | €446 | €446 | €446 | = |
| Transfer to deferred taxes680 | - | - | - | - | - | €0.002m | €0 | - | - |
| Income taxes67/77 | €0.02m | €0.003m | €0.01m | €0.01m | €0.02m | €0.01m | €0.02m | €0.02m | ▲ 1.6% |
| Profit (loss) for the period9904 | €0.04m | €0.004m | €0.006m | €0.02m | €0.04m | €0.02m | €0.03m | €0.04m | ▲ 9.6% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.002m | €0 | €0.002m | €0.002m | €0.002m | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €0.009m | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.04m | €0.001m | €0.008m | €0.02m | €0.04m | €0.01m | €0.03m | €0.04m | ▲ 9.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.8m | €0.7m | €0.7m | €1.0m | €0.9m | €0.8m | €1.2m | ▲ 47.0% |
| Fixed assets21/28 | €0.2m | €0.3m | €0.2m | €0.2m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 32.0% |
| Tangible fixed assets22/27 | €0.2m | €0.3m | €0.2m | €0.2m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 32.4% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.009m | €0.006m | €0.004m | €0.002m | ▼ 47.8% |
| Furniture and vehicles24 | - | - | - | €0.09m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 20.4% |
| Leasing and similar rights25 | - | - | - | €0.006m | €0 | €0.04m | €0.07m | €0.1m | ▲ 102% |
| Other tangible fixed assets26 | - | - | - | €0.1m | €0.1m | €0.09m | €0.09m | €0.1m | ▲ 6.9% |
| Financial fixed assets28 | €399 | €399 | €399 | €399 | €399 | €0.004m | €0.004m | €0.004m | = |
| Current assets29/58 | €0.4m | €0.6m | €0.5m | €0.5m | €0.6m | €0.6m | €0.5m | €0.7m | ▲ 59.1% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €0.1m | €0.02m | €0.02m | €0.01m | €0.01m | ▲ 12.8% |
| Stocks30/36 | - | - | - | €0.1m | €0.02m | €0.02m | €0.01m | €0.01m | ▲ 12.8% |
| Contracts in progress37 | - | - | - | €0.02m | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €0.2m | €0.4m | €0.3m | €0.3m | €0.5m | €0.5m | €0.3m | €0.6m | ▲ 62.4% |
| Trade receivables40 | - | - | - | €0.2m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 98.0% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 27.5% |
| Cash at bank and in hand54/58 | €0.05m | €0.04m | €0.02m | €0.02m | €0.07m | €0.07m | €0.09m | €0.1m | ▲ 63.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.02m | €0.01m | €0.02m | €0.02m | ▲ 6.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.8m | €0.7m | €0.7m | €1.0m | €0.9m | €0.8m | €1.2m | ▲ 47.0% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 12.6% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 13.5% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 9.2% |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 15.3% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €0.002m | €0.001m | €0.001m | €0 | - | €0.002m | €0.001m | €0.001m | ▼ 33.3% |
| Deferred taxes168 | - | - | - | €0 | - | €0.002m | €0.001m | €0.001m | ▼ 33.3% |
| Amounts payable17/49 | €0.3m | €0.6m | €0.4m | €0.4m | €0.7m | €0.6m | €0.6m | €0.9m | ▲ 64.9% |
| Amounts payable after more than one year17 | €0.1m | €0.07m | €0.06m | €0.06m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 51.9% |
| Financial debts170/4 | - | - | - | €0.06m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 51.9% |
| Amounts payable within one year42/48 | €0.2m | €0.5m | €0.4m | €0.4m | €0.5m | €0.4m | €0.4m | €0.7m | ▲ 71.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.06m | €0.05m | €0.06m | €0.09m | ▲ 52.5% |
| Financial debts43 | - | - | - | €0.002m | €0.003m | €0.003m | €0.003m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €0.002m | €0.003m | €0.003m | €0.003m | €0 | ▼ 100% |
| Trade debts44 | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.3m | €0.2m | €0.5m | ▲ 123% |
| Suppliers440/4 | - | - | - | €0.3m | €0.4m | €0.3m | €0.2m | €0.5m | ▲ 123% |
| Advances received on contracts in progress46 | - | - | - | €61 | €318 | €283 | €87 | €343 | ▲ 295% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.04m | €0.05m | €0.04m | €0.06m | ▲ 35.2% |
| Taxes450/3 | - | - | - | €0.004m | €0.01m | €0.007m | €0.01m | €0.01m | ▲ 7.0% |
| Remuneration and social security454/9 | - | - | - | €0.009m | €0.02m | €0.04m | €0.03m | €0.05m | ▲ 44.5% |
| Other amounts payable47/48 | - | - | - | - | €0.02m | €0 | €0.08m | €0.05m | ▼ 29.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | €0.06m | €0.04m | €0.02m | €0.03m | ▲ 27.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,067 | €3,831 | €6,186 | €15,843 | €35,056 | €19,676 | €32,706 | €35,856 | ▲ 9.6% |
| + Depreciation and write-downs630 | €68,200 | €80,659 | €71,350 | €71,335 | €68,526 | €81,255 | €82,478 | €93,911 | ▲ 13.9% |
| Operating cash flow (approximation) | €112,266 | €84,491 | €77,536 | €87,178 | €103,582 | €100,931 | €115,184 | €129,767 | ▲ 12.7% |
| Investment in fixed assets (approximation) | - | -€103,964 | -€31,791 | -€73,406 | -€222,306 | -€71,503 | -€91,924 | -€214,222 | ▼ 133% |
| Change in cash | - | -€18,770 | -€13,926 | -€517 | €46,254 | €1,895 | €19,853 | €57,100 | ▲ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-06-2026 | 2026-00189555 |
| 31-12-2024 | abbreviated format | 11-08-2025 | 2025-00372601 |
| 31-12-2023 | abbreviated format | 25-06-2024 | 2024-00190522 |
| 31-12-2022 | abbreviated format | 26-07-2023 | 2023-00288711 |
| 31-12-2021 | abbreviated format | 06-07-2022 | 2022-20165176 |
| 31-12-2020 | abbreviated format | 25-08-2021 | 2021-53300028 |
| 31-12-2019 | abbreviated format | 29-06-2020 | 2020-22200120 |
| 31-12-2018 | abbreviated format | 25-06-2019 | 2019-22200063 |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-24500266 |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-37400299 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 7 entries · €5,782 awarded · €5,782 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €2,890 | €2,890 |
| 2024 | 2 | €2,105 | €2,105 |
| 2023 | 2 | €682 | €682 |
| 2022 | 1 | €105 | €105 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DEVOS Brecht |
|
Owners and capital
Capital and shareholders
- DEVOS Brecht all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 24-09-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-09
Gazette deed
Reappointment: DEVOS Brecht (director)Appointment: DEVOS Brecht (director) · Amendment of the articles · Capital conversion13 facts ▸
- General meeting, 12-09-2024
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen en middelen beschikbaar maken voor uitkering, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Director reappointment, DEVOS Brecht (director (not named in the articles))
- Registered office clause, “8790 Waregem, Groenbek 11” (deed in Dutch)
- Director appointment, DEVOS Brecht (director (not named in the articles))
- Power of attorney, Deseyn & Taelman, accountancy
- Power of attorney, Michaël Mullie
- Power of attorney
- General meeting, “unanimous” (deed in Dutch)
- +1 further fact in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 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 0438.511.759
Recognitions · licences · registrations
Recognised contractor
2 categories- D16 Sanitary installations and gas heating with individual appliancesclass 1, up to €162,000
- D17 Central heating, thermal installationsclass 1, up to €162,000
Dual-learning approval
5 live approvals · 2 endedShow 2 ended approvals
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34453E0205/00E007 | Flanders | 2,147 m² | 1 · 1,024 m² | 10.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De onderneming voor het installeren van sanitaire inrichtingen en gasverwarming, voor lood- en zinkwerk en voor het installeren van…” (deed in Dutch)
11 activities (deed in Dutch)
- De onderneming voor het installeren van sanitaire inrichtingen en gasverwarming, voor lood- en zinkwerk en voor het installeren van waterverzachters
- Algemene centrale verwarming
- Het schilderen van metalen constructies
- Het plaatsen van tussenwanden van gipsplaten
- Het leveren en plaatsen van parket
- De installatie van stores en zonneschermen
- Montage van buiten- en binnenschrijnwerk in metaal
- Onderneming voor het aanbrengen van chape
- Onderneming voor de installatie van liften en roltrappen
- Algemeen aannemer
- Installateur van klimaatregeling of airco
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan bevoegd zetel binnen België te verplaatsen zonder statutenwijziging tenzij taal wijziging vereist of zetel…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1” (deed in Dutch)“Collegiaal bestuursorgaan, geheel van de bevoegdheden, met mogelijkheid deel te delegeren” (deed in Dutch)“Handelingen en beslissingen die niet verder reiken dan behoeften van dagelijks leven, of omwille van minder belang of spoedeisend karakter…” (deed in Dutch)“Andersluidende beslissing van de algemene vergadering, geboekt op algemene kosten, los van representatie-, reis- en verplaatsingskosten” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Erfgenamen en legatarissen die geen aandeelhouder zijn moeten toestemming vragen volgens dezelfde formaliteiten, overdracht onder levenden…” (deed in Dutch)“Statuten, overlijden aan aandeelhouder, echtgenoot, ascendenten en descendenten in rechte lijn” (deed in Dutch)“Indien de vennootschap maar één aandeelhouder telt, kan deze het geheel of een deel van de aandelen vrij overdragen” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Enige aandeelhouder-bestuurder bepaalt vrij de later uit te voeren stortingen op in speciën onderschreven en niet geheel volgestorte…” (deed in Dutch)“15, e-mail of gewone post” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 20 June at 17:00
- Meeting ruleHow the company's meetings are run.
- 2 provisions in the deed
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “E-mail, agenda” (deed in Dutch)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Iedere persoon kan verzaken aan oproeping, als aanwezig of vertegenwoordigd op de vergadering” (deed in Dutch)2 more provisions on this in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- 2 provisions in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Één of meerdere, 3” (deed in Dutch)
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed