DEVALT SPHERE

Open bankruptcy

Public limited companyfounded 2021KBO/BCE: BE 0767.756.681

A bankruptcy procedure is open for DEVALT SPHERE according to publications in the Belgian State Gazette; curator: GABRIEL PERSOONS.

No longer registered with the KBO since 26-05-2026; last annual accounts for fiscal year 2024.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 20785 sector peers (2024).

NBB · sector comparison

Position among 20785 sector peers

Solvency

better than 23%

← weakest strongest →

The KBO register last recorded the legal situation: open bankruptcy (code 050); the register carries no start date. The registration has since been removed from the register.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€591k▲ 140%

2022 · €247k

2021: €42k 2022: €247k

2021 → 2023

EBIT margin

1.4%▼ 2.7pp

2022 · 4.1%

2021: 54.7% 2022: 4.1%

2021 → 2023

Net result

€8k▼ 13.2%

2022 · €9k

2021: €23k 2022: €9k

2021 → 2023

Working capital

€-79k

2023 · €176k

2021: €206k 2022: €183k 2023: €176k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€42k-€247k▲ 480%€591k▲ 140%

Equity€210k-€215k▲ 2.3%€214k▼ 0.6%€34k▼ 84.0%

Operating result€23k-€10k▼ 56.8%€8k▼ 18.1%

Net result€23k-€9k▼ 59.3%€8k▼ 13.2%

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2023 is 18% below 2022 and is the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €113k

30.3%

69.7%

Equity €34k▼ 84.0%

Debt €79k▼ 50.0%

The debt ratio rises from 42.4% to 69.7%: equity shrinks faster than debt is paid down.

Key figures and ratios

2024 value · change against 2023

Solvency

30.3%▼

2023 · 57.6%

Current ratio

0.00▼

2023 · 2.12

Quick ratio

0.00▼

2023 · 1.05

Debt / equity

2.30▲

2023 · 0.73

Debt

€79k▼

2023 · €157k

Debt ≤ 1 year

€79k▼

2023 · €157k

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€371k€113k▼

Formation expenses20€3k€2k▼

Fixed assets21/28€34k€110k▲

Tangible fixed assets22/27€34k€32k▼

Land and buildings22€10k€9k▼

Plant, machinery and equipment23€2k€2k▼

Furniture and vehicles24€15k€14k▼

Assets under construction and advance payments27€7k€7k=

Financial fixed assets28-€79k

Current assets29/58€334k€0▼

Stocks and contracts in progress3€168k€0▼

Stocks30/36€168k€0▼

Amounts receivable within one year40/41€149k€0▼

Trade receivables40€130k€0▼

Other amounts receivable41€19k-

Cash at bank and in hand54/58€16k€0▼

Equity and liabilities

Total equity and liabilities10/49€371k€113k▼

Equity10/15€214k€34k▼

Contributions10/11€187k€16k▼

Capital10€187k€16k▼

Issued capital100€187k€16k▼

Reserves13€19k€19k=

Non-distributable reserves130/1€19k€19k=

Legal reserve130€19k€19k=

Profit (loss) carried forward14€8k€0▼

Amounts payable17/49€157k€79k▼

Amounts payable within one year42/48€157k€79k▼

Current portion of amounts payable after more than one year42€706-

Trade debts44-€79k

Bills of exchange payable441-€79k

Taxes, remuneration and social security45€156k-

Remuneration and social security454/9€156k-

Income statement Code20232024

Turnover70€591k-

Gross operating margin9900€8k-

Operating profit (loss)9901€8k-

Profit (loss) for the period before taxes9903€8k-

Profit (loss) for the period9904€8k-

Profit (loss) for the period to be appropriated9905€8k-

Appropriation of the result

Profit (loss) to be appropriated9906€8k-

Transfer from equity791/2€0-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Signals 1Financial 1Filings 4

2026

03-06

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SA DEVALT SPHERE AVENUE DES GERFAUTS 10/34, 1170 WATERMAEL-BOITSFORT · event 26-05-2026

13-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 256 days late

2025

07-03

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 219 days late

2023

31-12

Financial Weakest financial yearnet €8k ▼13.2%

Net result drops to €8k, the lowest in the series.

21-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 21 days late

2022

24-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 24 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

05-02-2026 Yassine DBIBAGH: Resigned as Daily management

01-09-2025 DBIBAGH Mohamed: Resigned as Director

01-07-2025 DBIBAGH Lahcen: Resigned as Director

01-07-2025 MOUNHIJ Rim: Resigned as Director

01-07-2024 ESSOUAIDI Mohammed: Resigned as Director

Location & real-estate footprint

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.

Ground area

1.4 ha

Building footprint

398 m²