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Maison Devos

Active
Private limited companyfounded 2021active for 5 yearsKerkstraat 37, 2970 Schilde, BelgiumKBO/BCE: BE 0762.608.456
Summary

Maison Devos has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,505 and a net result of -€11,422. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 30% of 11,120 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

Equity
€40,505▼ 22.0%
2024 · €51,927
Total assets
€360,540▼ 6.8%
2024 · €387,001
Net result
-€11,422▼ 51.6%
2024 · -€7,535
Working capital
-€17,098▼ 87.6%
2024 · -€9,114
Trend over the years

2021 to 2025, 5 financial years

The operating result turns negative in 2025: a loss of €1,338 after €2,139 in 2024, the lowest 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.

Operating result-€1,338 2025 Net result-€11,422 2025

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

Sector: the middle half of NACE 68, Real estate 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€31,726-€73,281▲ 131%€12,196▼ 83.4%€2,139▼ 82.5%-€1,338
Net result€22,171within the sector's middle half-€53,391within the sector's middle half▲ 141%€900within the sector's middle half▼ 98.3%-€7,535within the sector's middle half-€11,422within the sector's middle half▼ 51.6%
Equity€5,171below the sector's middle half-€58,562below the sector's middle half▲ 1,033%€59,462below the sector's middle half▲ 1.5%€51,927below the sector's middle half▼ 12.7%€40,505below the sector's middle half▼ 22.0%
Total assets€428,946below the sector's middle half-€430,892below the sector's middle half▲ 0.5%€405,210below the sector's middle half▼ 6.0%€387,001below the sector's middle half▼ 4.5%€360,540below the sector's middle half▼ 6.8%
Debt€423,775-€372,330▼ 12.1%€345,748▼ 7.1%€335,074▼ 3.1%€320,035▼ 4.5%
Working capital-€51,833within the sector's middle half-€5,377within the sector's middle half€8,084within the sector's middle half▲ 50.3%-€9,114within the sector's middle half-€17,098within the sector's middle half▼ 87.6%
Solvency1.2%below the sector's middle half-13.6%within the sector's middle half▲ 12.4pp14.7%within the sector's middle half▲ 1.1pp13.4%within the sector's middle half▼ 1.3pp11.2%within the sector's middle half▼ 2.2pp
Current ratio0.42below the sector's middle half-1.09within the sector's middle half▲ 0.671.14within the sector's middle half▲ 0.050.87within the sector's middle half▼ 0.270.78within the sector's middle half▼ 0.09
Return on assets (ROA)5.2%within the sector's middle half-12.4%above the sector's middle half▲ 7.2pp0.2%within the sector's middle half▼ 12.2pp-1.9%below the sector's middle half▼ 2.2pp-3.2%below the sector's middle half▼ 1.2pp
above within below the middle half of NACE 68, Real estate 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.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €360,540
Fixed assets €299,310 ▼ 8.3%
Current assets €61,230 ▲ 1.2%
Equity and liabilities €360,540
Equity €40,505 ▼ 22.0%
Debt €320,035 ▼ 4.5%
Debt's share of the balance-sheet total rises from 86.6% to 88.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29,826▼
2024 · €32,508
Cash flow
€19,743▼
2024 · €22,835
Debt to equity
7.90▲
2024 · 6.45
ROE
-28.2%▼
2024 · -14.5%
Interest coverage
4.10▲
2024 · 3.58
Debt ≤ 1 year
€78,328▲
2024 · €69,609
Debt > 1 year
€241,707▼
2024 · €265,465
Income taxes
€2,800▲
2024 · €600
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91.4% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
4.3% went bankrupt
3.9% stopped otherwise
91.4% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 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 1,548 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 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€387,001€360,540▼
Fixed assets21/28€326,506€299,310▼
Tangible fixed assets22/27€326,506€299,310▼
Land and buildings22€322,335€294,794▼
Furniture and vehicles24€4,171€4,516▲
Current assets29/58€60,495€61,230▲
Amounts receivable within one year40/41€39,610€38,377▼
Trade receivables40€26,616€18,499▼
Other amounts receivable41€12,994€19,877▲
Cash at bank and in hand54/58€20,050€19,255▼
Deferred charges and accrued income490/1€835€3,599▲
Equity and liabilities
Total equity and liabilities10/49€387,001€360,540▼
Equity10/15€51,927€40,505▼
Contributions10/11€3,000€3,000=
Reserves13€48,927€37,505▼
Distributable reserves133€48,927€37,505▼
Amounts payable17/49€335,074€320,035▼
Amounts payable after more than one year17€265,465€241,707▼
Financial debts170/4€265,465€241,707▼
Amounts payable within one year42/48€69,609€78,328▲
Current portion of amounts payable after more than one year42€23,412€23,758▲
Trade debts44€3,732€3,856▲
Suppliers440/4€3,732€3,856▲
Taxes, remuneration and social security45€14,285€16,409▲
Taxes450/3€14,285€16,409▲
Other amounts payable47/48€28,180€34,305▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,369€31,165▲
Other operating charges640/8€2,901€3,632▲
Gross operating margin9900€35,409€33,458▼
Operating profit (loss)9901€2,139-€1,338▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€9,074€7,283▼
Recurring financial charges65€9,074€7,283▼
Profit (loss) for the period before taxes9903-€6,935-€8,622▼
Income taxes67/77€600€2,800▲
Profit (loss) for the period9904-€7,535-€11,422▼
Profit (loss) for the period to be appropriated9905-€7,535-€11,422▼
Appropriation of the result
Profit (loss) to be appropriated9906-€7,535-€11,422▼
Transfer from equity791/2€7,535€11,422▲
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,179€27,773€27,836€30,369€31,165▲ 2.6%
Other operating charges640/8€794€2,635€3,416€2,901€3,632▲ 25.2%
Gross operating margin9900€52,699€103,689€43,449€35,409€33,458▼ 5.5%
Operating profit (loss)9901€31,726€73,281€12,196€2,139-€1,338-
Financial income75/76B€48€386€1,177€1€0▼ 98.8%
Recurring financial income75€48€386€1,177€1€0▼ 98.8%
Financial charges65/66B€4,103€6,675€10,940€9,074€7,283▼ 19.7%
Recurring financial charges65€4,103€6,675€10,940€9,074€7,283▼ 19.7%
Profit (loss) for the period before taxes9903€27,671€66,991€2,433-€6,935-€8,622▼ 24.3%
Income taxes67/77€5,500€13,600€1,533€600€2,800▲ 367%
Profit (loss) for the period9904€22,171€53,391€900-€7,535-€11,422▼ 51.6%
Profit (loss) for the period to be appropriated9905€22,171€53,391€900-€7,535-€11,422▼ 51.6%
Line20212022202320242025Change
Assets
Total assets20/58€428,946€430,892€405,210€387,001€360,540▼ 6.8%
Fixed assets21/28€391,684€365,132€340,254€326,506€299,310▼ 8.3%
Tangible fixed assets22/27€391,684€365,132€340,254€326,506€299,310▼ 8.3%
Land and buildings22€391,684€365,132€340,254€322,335€294,794▼ 8.5%
Furniture and vehicles24---€4,171€4,516▲ 8.3%
Current assets29/58€37,261€65,760€64,955€60,495€61,230▲ 1.2%
Amounts receivable within one year40/41€16,829€26,719€41,650€39,610€38,377▼ 3.1%
Trade receivables40€15,561€15,161€25,758€26,616€18,499▼ 30.5%
Other amounts receivable41€1,267€11,559€15,893€12,994€19,877▲ 53.0%
Cash at bank and in hand54/58€20,385€37,205€14,182€20,050€19,255▼ 4.0%
Deferred charges and accrued income490/1€48€1,837€9,123€835€3,599▲ 331%
Equity and liabilities
Total equity and liabilities10/49€428,946€430,892€405,210€387,001€360,540▼ 6.8%
Equity10/15€5,171€58,562€59,462€51,927€40,505▼ 22.0%
Contributions10/11€3,000€3,000€3,000€3,000€3,000=
Reserves13€2,171€55,562€56,462€48,927€37,505▼ 23.3%
Distributable reserves133€2,171€55,562€56,462€48,927€37,505▼ 23.3%
Profit (loss) carried forward14€0€0----
Amounts payable17/49€423,775€372,330€345,748€335,074€320,035▼ 4.5%
Amounts payable after more than one year17€334,681€311,947€288,877€265,465€241,707▼ 8.9%
Financial debts170/4€334,681€311,947€288,877€265,465€241,707▼ 8.9%
Amounts payable within one year42/48€89,094€60,383€56,871€69,609€78,328▲ 12.5%
Current portion of amounts payable after more than one year42€22,402€22,734€23,070€23,412€23,758▲ 1.5%
Trade debts44€5,327€5,958€4,475€3,732€3,856▲ 3.3%
Suppliers440/4€5,327€5,958€4,475€3,732€3,856▲ 3.3%
Taxes, remuneration and social security45€16,923€30,797€27,778€14,285€16,409▲ 14.9%
Taxes450/3€16,923€30,797€27,778€14,285€16,409▲ 14.9%
Other amounts payable47/48€44,442€895€1,548€28,180€34,305▲ 21.7%
Line20212022202320242025Change
Profit (loss) for the period9904€22,171€53,391€900-€7,535-€11,422▼ 51.6%
+ Depreciation and write-downs630€20,179€27,773€27,836€30,369€31,165▲ 2.6%
Operating cash flow (approximation)€42,350€81,164€28,736€22,835€19,743▼ 13.5%
Investment in fixed assets (approximation)--€1,221-€2,959-€16,620-€3,969▲ 76.1%
Change in cash-€16,819-€23,023€5,868-€795-

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 (5)
Financial year Type Filed Reference
31-12-2025 abbreviated format 23-07-2026 2026-00321557
31-12-2024 abbreviated format 31-07-2025 2025-00341514
31-12-2023 abbreviated format 26-07-2024 2024-00287461
31-12-2022 abbreviated format 20-07-2023 2023-00252294
31-12-2021 abbreviated format 01-07-2022 2022-20117608

Similar companies · same sector, comparable size

Of the 9,063 active companies whose main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201), figures are known for 6,757. 3,059 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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