Nelson Devos
ActiveNelson Devos has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61k and a net result of €34k. Equity is growing by ~55.7% per year across the filed fiscal years. Its solvency ranks better than 39% of 993 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+9
Solvency61▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.95 against 0.61 in 2023; short-term debt: 63.9% and cash: 35.1% of total assets), and 63.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36.1%
Return on assets
20.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-12-2025, 137 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
137 d late
2023
92 d late
2022
88 d late
2021
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€524k
EBIT margin
4.8%
Net result
€34k▲ 51.3%
2023 · €23k
2021: €3k
2022: €19k
2023: €23k
2021 → 2024
Working capital
€-6k▲ 87.9%
2023 · €-48k
2021: €-130k
2022: €-93k
2023: €-48k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€524k
Equity€4k-€23k▲ 436%€46k▲ 98.9%€61k▲ 34.4%
Operating result€6k-€25k▲ 317%€40k▲ 60.9%€58k▲ 44.5%
Net result€3k-€19k▲ 469%€23k▲ 21.6%€34k▲ 51.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 44% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €170k
Fixed assets
€67k▼ 30.6%
Current assets
€103k▲ 36.4%
Equity and liabilities €170k
Equity
€61k▲ 34.4%
Debt
€109k▼ 14.2%
The debt ratio falls from 73.5% to 63.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▲
2023 · €70k
Cash flow
€64k▲
2023 · €52k
Solvency
36.1%▲
2023 · 26.5%
Current ratio
0.95▲
2023 · 0.61
Quick ratio
0.94▲
2023 · 0.60
Debt / equity
1.77▼
2023 · 2.77
ROE
56.0%▲
2023 · 49.7%
ROA
20.2%▲
2023 · 13.2%
Interest coverage
17.09▲
2023 · 15.80
Debt
€109k▼
2023 · €127k
Debt ≤ 1 year
€109k▼
2023 · €123k
Income taxes
€19k▲
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€172k€170k▼
Fixed assets21/28€97k€67k▼
Intangible fixed assets21€74k€56k▼
Tangible fixed assets22/27€23k€12k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€7k€4k▼
Other tangible fixed assets26€8k€4k▼
Current assets29/58€75k€103k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€59k€41k▼
Trade receivables40€59k€39k▼
Other amounts receivable41€145€1k▲
Cash at bank and in hand54/58€15k€60k▲
Deferred charges and accrued income490/1€33€1k▲
Equity and liabilities
Total equity and liabilities10/49€172k€170k▼
Equity10/15€46k€61k▲
Contributions10/11€1k€1k=
Reserves13€26k€60k▲
Distributable reserves133€26k€60k▲
Profit (loss) carried forward14€19k-
Amounts payable17/49€127k€109k▼
Amounts payable after more than one year17€860-
Financial debts170/4€860-
Amounts payable within one year42/48€123k€109k▼
Current portion of amounts payable after more than one year42€10k€860▼
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€38k€44k▲
Suppliers440/4€38k€44k▲
Taxes, remuneration and social security45€11k€17k▲
Taxes450/3€11k€17k▲
Other amounts payable47/48€62k€45k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€30k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€513-
Other operating charges640/8€3k€2k▼
Gross operating margin9900€73k€90k▲
Operating profit (loss)9901€40k€58k▲
Financial income75/76B€639€239▼
Recurring financial income75€639€239▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€36k€53k▲
Income taxes67/77€14k€19k▲
Profit (loss) for the period9904€23k€34k▲
Profit (loss) for the period to be appropriated9905€23k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€53k▲
Profit (loss) brought forward from the previous period14P€19k€19k=
Transfer to equity691/2€23k€34k▲
To other reserves6921€23k€34k▲
Profit to be distributed694/7-€19k
Return on contributions (dividend)694-€19k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 137 days late
2024
31-12
Financial
Highest result since 2021net €34k ▲51.3%
Operating result €58k, net result €34k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 88 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deerlijk · 1 establishment unit since 2021
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.
Vanneste-Verweestraat 158540 DeerlijkGround area
2.2 ha
Building footprint
3,359 m²
Volume, LiDAR
26,744 m³
Parcel 34392D0592/00E002, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nelson Devos
since 20212.311.872.363
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34392D0592/00E002 | Flanders | 2.2 ha | 1 · 3,359 m² | 9.2 m · 3 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.
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SERGE POWER
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GARAGE DE BOLLE
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ONDERAANNEMINGEN PDL
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Of 7,376 companies in sector 95311 we hold annual accounts for 2,958. 2,176 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2021
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
45204
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.