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YVAN DEVRIESE

Active
Private limited company (pre-2019)founded 1996active for 30 yearsRue de Gavre(Lig) 40, 7812 Ath, BelgiumKBO/BCE: BE 0457.890.874
Summary

YVAN DEVRIESE has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,645 and a net result of -€512. Equity is shrinking by about 5.1% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€512▼ 2.9%
2024 · -€497
Working capital
€9,645▼ 13.5%
2022 · €11,150
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €465 in 2025 against €451 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€465 2025 Net result-€512 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€505-€2,546-€486-€811▼ 66.8%-€689▲ 15.1%-€448▲ 34.9%-€451▼ 0.7%-€465▼ 3.2%
Net result-€560-€2,483-€531-€846▼ 59.2%-€731▲ 13.6%-€496▲ 32.2%-€497▼ 0.4%-€512▼ 2.9%
Equity€10,776-€13,258▲ 23.0%€12,727▼ 4.0%€11,881▼ 6.6%€11,150▼ 6.2%€10,654▼ 4.4%€10,157▼ 4.7%€9,645▼ 5.0%
Total assets€48,798-€51,480▲ 5.5%€50,949▼ 1.0%€50,489▼ 0.9%€11,914▼ 76.4%€10,654▼ 10.6%€10,157▼ 4.7%€10,045▼ 1.1%
Debt€38,022-€38,222▲ 0.5%€38,222=€38,608▲ 1.0%€765▼ 98.0%€400
Working capital€10,776-€13,258▲ 23.0%€12,727▼ 4.0%€11,881▼ 6.6%€11,150▼ 6.2%€9,645
Balance-sheet composition
Equity and liabilities €10,045
Equity €9,645
Debt €400
Debt finances 4.0% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
25.13
Debt to equity
0.04
ROE
-5.3%▼
2024 · -4.9%
ROA
-5.1%▼
2024 · -4.9%
Debt ≤ 1 year
€400
Staff costs
€400▲
2024 · €387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of 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 497,468 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% 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€10,157€10,045▼
Current assets29/58€10,157€10,045▼
Amounts receivable within one year40/41€9,897€9,897=
Trade receivables40€8,962€8,962=
Other amounts receivable41€935€935=
Cash at bank and in hand54/58€260€148▼
Equity and liabilities
Total equity and liabilities10/49€10,157€10,045▼
Equity10/15€10,157€9,645▼
Contributions10/11€6,197€6,197=
Reserves13€2,000€2,000=
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Profit (loss) carried forward14€1,960€1,448▼
Amounts payable17/49-€400
Amounts payable within one year42/48-€400
Trade debts44-€400
Suppliers440/4-€400
Income statement Code20242025
Remuneration, social security and pensions62€387€400▲
Gross operating margin9900-€64-€66▼
Operating profit (loss)9901-€451-€465▼
Financial charges65/66B€46€46=
Recurring financial charges65€46€46=
Profit (loss) for the period before taxes9903-€497-€512▼
Profit (loss) for the period9904-€497-€512▼
Profit (loss) for the period to be appropriated9905-€497-€512▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,960€1,448▼
Profit (loss) brought forward from the previous period14P€2,457€1,960▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€348€348€384€387€400▲ 3.2%
Gross operating margin9900-€157-€107-€139-€463-€341-€64-€64-€66▼ 3.0%
Operating profit (loss)9901-€505€2,546-€486-€811-€689-€448-€451-€465▼ 3.2%
Financial income75/76B----€0----
Recurring financial income75----€0----
Financial charges65/66B---€35€42€48€46€46=
Recurring financial charges65€55€63€45€35€42€48€46€46=
Profit (loss) for the period before taxes9903-€560€2,483-€531-€846-€731-€496-€497-€512▼ 2.9%
Profit (loss) for the period9904-€560€2,483-€531-€846-€731-€496-€497-€512▼ 2.9%
Profit (loss) for the period to be appropriated9905-€560€2,483-€531-€846-€731-€496-€497-€512▼ 2.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€48,798€51,480€50,949€50,489€11,914€10,654€10,157€10,045▼ 1.1%
Tangible fixed assets22/27---€0-----
Current assets29/58€48,798€51,480€50,949€50,489€11,914€10,654€10,157€10,045▼ 1.1%
Amounts receivable within one year40/41€48,751€48,910€48,238€48,185€9,999€9,897€9,897€9,897=
Trade receivables40---€8,962€8,962€8,962€8,962€8,962=
Other amounts receivable41---€39,222€1,037€935€935€935=
Cash at bank and in hand54/58€47€2,570€2,711€2,305€1,915€758€260€148▼ 43.1%
Equity and liabilities
Total equity and liabilities10/49€48,798€51,480€50,949€50,489€11,914€10,654€10,157€10,045▼ 1.1%
Equity10/15€10,776€13,258€12,727€11,881€11,150€10,654€10,157€9,645▼ 5.0%
Contributions10/11€6,197€6,197-€6,197€6,197€6,197€6,197€6,197=
Reserves13€2,000€2,000€2,000€2,000€2,000€2,000€2,000€2,000=
Non-distributable reserves130/1---€2,000€2,000€2,000€2,000€2,000=
Reserves not available under the articles1311---€2,000€2,000€2,000€2,000€2,000=
Profit (loss) carried forward14€2,578€5,061€4,529€3,683€2,953€2,457€1,960€1,448▼ 26.1%
Amounts payable17/49€38,022€38,222€38,222€38,608€765--€400-
Amounts payable within one year42/48€38,022€38,222€38,222€38,608€765--€400-
Trade debts44€16€16€16€402€765--€400-
Suppliers440/4---€402€765--€400-
Other amounts payable47/48---€38,206-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€560€2,483-€531-€846-€731-€496-€497-€512▼ 2.9%
Operating cash flow (approximation)-€560€2,483-€531-€846-€731-€496-€497-€512▼ 2.9%
Change in cash-€2,523€141-€406-€389-€1,158-€497-€112▲ 77.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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