TIKKANTOOR DEVANO
ActiveSummary
TIKKANTOOR DEVANO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,074 and a net result of -€2,112. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 3521 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▲+5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 43.63 against 31.93 in 2024; short-term debt: 2% and cash: 0.4% of total assets), and 2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,112
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 09-03-2026, 144 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
144 d early
2024
143 d early
2023
131 d early
2022
67 d early
2021
129 d early
2020
113 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 113 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 23 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€66,074▼ 3.1%
2024 · €68,187
Total assets
€67,417▼ 3.9%
2024 · €70,148
Net result
-€2,112▲ 58.6%
2024 · -€5,104
Working capital
€57,255▼ 5.6%
2024 · €60,650
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,288€10,281▲ 140%€12,224▲ 18.9%-€6,873-€3,212▲ 53.3%
Net result€3,543within the sector's middle half€7,239within the sector's middle half▲ 104%€8,951within the sector's middle half▲ 23.6%-€5,104below the sector's middle half-€2,112below the sector's middle half▲ 58.6%
Equity€57,100within the sector's middle half▲ 6.6%€64,339within the sector's middle half▲ 12.7%€73,290within the sector's middle half▲ 13.9%€68,187within the sector's middle half▼ 7.0%€66,074within the sector's middle half▼ 3.1%
Total assets€59,356within the sector's middle half▼ 0.2%€68,546within the sector's middle half▲ 15.5%€74,429within the sector's middle half▲ 8.6%€70,148within the sector's middle half▼ 5.8%€67,417within the sector's middle half▼ 3.9%
Debt€2,256▼ 61.9%€4,206▲ 86.5%€1,139▼ 72.9%€1,961▲ 72.2%€1,343▼ 31.5%
Working capital€57,005within the sector's middle half▲ 7.8%€62,839within the sector's middle half▲ 10.2%€72,323within the sector's middle half▲ 15.1%€60,650within the sector's middle half▼ 16.1%€57,255within the sector's middle half▼ 5.6%
Solvency96.2%above the sector's middle half▲ 6.1pp93.9%above the sector's middle half▼ 2.3pp98.5%above the sector's middle half▲ 4.6pp97.2%above the sector's middle half▼ 1.3pp98.0%above the sector's middle half▲ 0.8pp
Current ratio26.27above the sector's middle half▲ 16.3315.94above the sector's middle half▼ 10.3364.50above the sector's middle half▲ 48.5631.93above the sector's middle half▼ 32.5743.63above the sector's middle half▲ 11.71
Return on assets (ROA)6.0%within the sector's middle half▲ 16.0pp10.6%within the sector's middle half▲ 4.6pp12.0%within the sector's middle half▲ 1.5pp-7.3%below the sector's middle half▼ 19.3pp-3.1%below the sector's middle half▲ 4.1pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,212 in 2025 against €6,873 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67,417
Fixed assets
€8,820 ▲ 17.0%
Current assets
€58,598 ▼ 6.4%
Equity and liabilities €67,417
Equity
€66,074 ▼ 3.1%
Debt
€1,343 ▼ 31.5%
Debt's share of the balance-sheet total falls from 2.8% to 2.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,896▲
2024 · -€6,116
Cash flow
-€796▲
2024 · -€4,346
Debt to equity
0.02▼
2024 · 0.03
ROE
-3.2%▲
2024 · -7.5%
Interest coverage
-18.81▲
2024 · -63.24
Debt ≤ 1 year
€1,343▼
2024 · €1,961
Income taxes
€317▲
2024 · €229
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 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% 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 12,321 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €569 | €196 | €534 | €757 | €1,316 | ▲ 73.7% |
| Other operating charges640/8 | - | €833 | €1,020 | €899 | €928 | ▲ 3.3% |
| Gross operating margin9900 | €5,604 | €11,311 | €13,779 | -€5,217 | -€968 | ▲ 81.4% |
| Operating profit (loss)9901 | €4,288 | €10,281 | €12,224 | -€6,873 | -€3,212 | ▲ 53.3% |
| Financial income75/76B | - | €1,486 | €2,013 | €2,096 | €1,518 | ▼ 27.6% |
| Recurring financial income75 | €995 | €1,486 | €2,013 | €2,096 | €1,518 | ▼ 27.6% |
| Financial charges65/66B | - | €92 | €88 | €97 | €101 | ▲ 4.2% |
| Recurring financial charges65 | €91 | €92 | €88 | €97 | €101 | ▲ 4.2% |
| Profit (loss) for the period before taxes9903 | €5,192 | €11,676 | €14,150 | -€4,874 | -€1,795 | ▲ 63.2% |
| Income taxes67/77 | €1,649 | €4,437 | €5,199 | €229 | €317 | ▲ 38.4% |
| Profit (loss) for the period9904 | €3,543 | €7,239 | €8,951 | -€5,104 | -€2,112 | ▲ 58.6% |
| Profit (loss) for the period to be appropriated9905 | €3,543 | €7,239 | €8,951 | -€5,104 | -€2,112 | ▲ 58.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59,356 | €68,546 | €74,429 | €70,148 | €67,417 | ▼ 3.9% |
| Fixed assets21/28 | €95 | €1,501 | €967 | €7,537 | €8,820 | ▲ 17.0% |
| Tangible fixed assets22/27 | €95 | €1,501 | €967 | €7,537 | €8,820 | ▲ 17.0% |
| Land and buildings22 | - | - | - | €7,104 | €8,820 | ▲ 24.1% |
| Furniture and vehicles24 | - | €1,501 | €967 | €433 | €0 | ▼ 100% |
| Current assets29/58 | €59,260 | €67,045 | €73,462 | €62,611 | €58,598 | ▼ 6.4% |
| Amounts receivable after more than one year29 | - | €45,500 | €45,500 | €45,500 | €45,500 | = |
| Other amounts receivable291 | - | €45,500 | €45,500 | €45,500 | €45,500 | = |
| Amounts receivable within one year40/41 | €2,771 | €12,509 | €24,789 | €13,645 | €9,931 | ▼ 27.2% |
| Trade receivables40 | - | €1,704 | €274 | €5,133 | €2,813 | ▼ 45.2% |
| Other amounts receivable41 | - | €10,805 | €24,515 | €8,511 | €7,118 | ▼ 16.4% |
| Cash at bank and in hand54/58 | €9,665 | €6,466 | €397 | €349 | €247 | ▼ 29.3% |
| Deferred charges and accrued income490/1 | - | €2,570 | €2,776 | €3,118 | €2,920 | ▼ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59,356 | €68,546 | €74,429 | €70,148 | €67,417 | ▼ 3.9% |
| Equity10/15 | €57,100 | €64,339 | €73,290 | €68,187 | €66,074 | ▼ 3.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €43,168 | €50,408 | €59,358 | €59,358 | €59,358 | = |
| Non-distributable reserves130/1 | - | €3,407 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €3,407 | €0 | - | - | - |
| Distributable reserves133 | - | €47,001 | €59,358 | €59,358 | €59,358 | = |
| Profit (loss) carried forward14 | -€4,668 | -€4,668 | -€4,668 | -€9,772 | -€11,884 | ▼ 21.6% |
| Amounts payable17/49 | €2,256 | €4,206 | €1,139 | €1,961 | €1,343 | ▼ 31.5% |
| Amounts payable within one year42/48 | €2,256 | €4,206 | €1,139 | €1,961 | €1,343 | ▼ 31.5% |
| Trade debts44 | €180 | €120 | €940 | €71 | €0 | ▼ 100% |
| Suppliers440/4 | - | €120 | €940 | €71 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €4,086 | €199 | €1,890 | €1,343 | ▼ 28.9% |
| Taxes450/3 | - | €4,086 | €199 | €1,890 | €1,343 | ▼ 28.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,543 | €7,239 | €8,951 | -€5,104 | -€2,112 | ▲ 58.6% |
| + Depreciation and write-downs630 | €569 | €196 | €534 | €757 | €1,316 | ▲ 73.7% |
| Operating cash flow (approximation) | €4,112 | €7,436 | €9,485 | -€4,346 | -€796 | ▲ 81.7% |
| Investment in fixed assets (approximation) | - | -€1,602 | €0 | -€7,328 | -€2,598 | ▲ 64.5% |
| Change in cash | - | -€3,199 | -€6,068 | -€49 | -€102 | ▼ 110% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €8,951 ▲23.6%
Operating result €12,224, net result €8,951, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 64.50
Current ratio from 15.94 to 64.50; short-term debt falls from €4,206 to €1,139.
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3,543
Net result €3,543 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 26.27
Current ratio from 9.94 to 26.27; short-term debt falls from €5,916 to €2,256.
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€5,947
Net result drops to -€5,947, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State 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.
Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lubbeek · 1 establishment unit since 1993
Ground area
1,578 m²
Building footprint
148 m²
Volume, LiDAR
613 m³
Parcel 24012C0179/00T000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVANO
since 19932.060.749.558
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24012C0179/00T000 | Flanders | 1,578 m² | 1 · 148 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RIGHT INK
BE 0881.299.735
Mons · Eq €65,998
ANIGEE COMMUNICATION
BE 0462.731.867
Dilbeek · Eq €65,917
JL&A PARTNERS
BE 0799.963.057
Sint-Genesius-Rode · Eq €65,848
TRADIFEL
BE 0820.773.022
Opwijk · Eq €66,341
CONSULT ELIEN
BE 1018.075.871
Hasselt · Eq €66,732
Of 4,522 companies in this sector we hold annual accounts for 721. 615 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded28-01-1993
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449297763
Also
9925:BE0449297763
Registered
24-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.