Start DevX
ActiveSummary
Start DevX has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,018 and a net result of €24,918. Its solvency ranks better than 62% of 38,983 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €25,018
- Profit
- €24,918
Why 96raises riskFounded in 2025lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 2.97, cash €23,907Equity €25,018 (67.1% of total assets)Show the evidence
Checked score
Fewer than 1 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 62, micro): better than 59% on solvency, 70% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 18-10-2026 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
Searched, nothing found (1)
- Appointment: Messiant Mélodie (director)Gazette deed
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: Kévin BEAULIEU (director) ·…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,472 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% | 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 11,280 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 | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €106 |
| Gross operating margin9900 | €33,368 |
| Operating profit (loss)9901 | €33,263 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €1,465 |
| Recurring financial charges65 | €1,465 |
| Profit (loss) for the period before taxes9903 | €31,799 |
| Income taxes67/77 | €6,880 |
| Profit (loss) for the period9904 | €24,918 |
| Profit (loss) for the period to be appropriated9905 | €24,918 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €37,308 | |
| Fixed assets21/28 | €868 | |
| Tangible fixed assets22/27 | €868 | |
| Furniture and vehicles24 | €868 | |
| Current assets29/58 | €36,439 | |
| Amounts receivable within one year40/41 | €10,839 | |
| Trade receivables40 | €10,500 | |
| Other amounts receivable41 | €339 | |
| Current investments50/53 | €500 | |
| Cash at bank and in hand54/58 | €23,907 | |
| Deferred charges and accrued income490/1 | €1,193 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €37,308 | |
| Equity10/15 | €25,018 | |
| Contributions10/11 | €100 | |
| Profit (loss) carried forward14 | €24,918 | |
| Amounts payable17/49 | €12,289 | |
| Amounts payable within one year42/48 | €12,289 | |
| Trade debts44 | €2,150 | |
| Suppliers440/4 | €2,150 | |
| Taxes, remuneration and social security45 | €10,139 | |
| Taxes450/3 | €6,939 | |
| Remuneration and social security454/9 | €3,200 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €24,918 |
| + Depreciation and write-downs630 | €106 |
| Operating cash flow (approximation) | €25,024 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-07-2026 | 2026-00351423 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Messiant Mélodie |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
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
Appointment: Messiant Mélodie (director)1 fact ▸
- Director appointment, Messiant Mélodie (director)
22-05
Gazette deed
IncorporationAppointment: Kévin BEAULIEU (director) · Board rule · Pre-incorporation commitments12 facts ▸
- Other provision, “dispositions transitoires-effet, moment où la société acquerra la personnalité juridique par le dépôt d’un extrait de l'acte constitutif au greffe du tribunal d…” (deed in French)
- Other provision, “attention attirée par le notaire sur mandat d’administrateur, loi du 19-02-1965 relative à l'exercice par des étrangers d'activités professionnelles indépe…” (deed in French)
- Director appointment, Kévin BEAULIEU (director)
- Board rule, 1
- Pre-incorporation commitments, “takeover, tous les engagements et obligations en résultant pris au nom et pour compte de la société en formation” (deed in French)
- Registered office clause, “1410 Waterloo, Allée Henri Pousseur”, 61 (deed in French)
- Founder, BEAULIEU Kévin André
- Incorporation, 20-05-2025
- Founding capital, €100
- Other provision, “comparant, statuts fixés” (deed in French)
- Capital
- Capital conversion, “compte de capitaux propres indisponible” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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 |
|---|---|---|---|---|
| 25762G0500/00M003 | Wallonia | 850 m² | 1 · 64 m² | 9.8 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Start DevX
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, organe d'administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “En cas de cessation de ses fonctions par suite d’un décès ou d’une démission, ou en cas d’ interruption temporaire par suite d’une…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, assemblée fixe nombre,durée,pouvoirs en cas de pluralité” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tout ou partie, qui il l'entend” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Les plus étendus conférés par les articles 2:87 et suivants CSA, désigner un ou plusieurs liquidateurs et déterminer leurs émoluments” (deed in French)