DeVaFoNa
ActiveSummary
DeVaFoNa has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.24M and a net result of €315k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-41
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €380k at 30 days acceptable
Liquidity ample (current ratio 11.03 against 11.55 in 2024; short-term debt: 1.3% and cash: 0.7% of total assets), and 1.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.5%
Return on assets
5.9%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
2 d early
2022
28 d early
2021
5 d early
2020
75 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€315k▼ 23.9%
2024 · €414k
2019: €160klowest in 7 years
2020: €285k▲ +78.8% vs 2019
2021: €2.71M▲ +849% vs 2020highest in 7 years
2022: €221k▼ -91.8% vs 2021
2023: €261k▲ +18.3% vs 2022
2024: €414k▲ +58.6% vs 2023
2025: €315k▼ -23.9% vs 2024
2019 → 2025
Working capital
€710k▼ 28.0%
2024 · €986k
2019: €370klowest in 7 years
2020: €663k▲ +78.9% vs 2019
2021: €674k▲ +1.7% vs 2020
2022: €879k▲ +30.4% vs 2021
2023: €978k▲ +11.3% vs 2022
2024: €986k▲ +0.8% vs 2023highest in 7 years
2025: €710k▼ -28.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.03M-€4.25M▲ 5.5%€4.51M▲ 6.2%€4.92M▲ 9.2%€5.24M▲ 6.4%
2021: €4.03Mlowest in 5 years
2022: €4.25M▲ +5.5% vs 2021
2023: €4.51M▲ +6.2% vs 2022
2024: €4.92M▲ +9.2% vs 2023
2025: €5.24M▲ +6.4% vs 2024highest in 5 years
Operating result€2.68M-€116k▼ 95.7%€36k▼ 69.0%€68k▲ 90.7%€-31k
2021: €2.68Mhighest in 5 years
2022: €116k▼ -95.7% vs 2021
2023: €36k▼ -69.0% vs 2022
2024: €68k▲ +90.7% vs 2023
2025: €-31k▼ -145% vs 2024lowest in 5 years
Net result€2.71M-€221k▼ 91.8%€261k▲ 18.3%€414k▲ 58.6%€315k▼ 23.9%
2021: €2.71Mhighest in 5 years
2022: €221k▼ -91.8% vs 2021lowest in 5 years
2023: €261k▲ +18.3% vs 2022
2024: €414k▲ +58.6% vs 2023
2025: €315k▼ -23.9% vs 2024
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €31k after €68k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.32M
Fixed assets
€4.54M ▼ 0.4%
Current assets
€781k ▼ 27.7%
Equity and liabilities €5.32M
Equity
€5.24M ▲ 6.4%
Debt
€82k ▼ 88.5%
Debt's share of the balance-sheet total falls from 12.7% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €111k
Cash flow
€361k▼
2024 · €457k
Current ratio
11.03▼
2024 · 11.55
Debt to equity
0.02▼
2024 · 0.15
ROE
6.0%▼
2024 · 8.4%
ROA
5.9%▼
2024 · 7.3%
Interest coverage
1.30▼
2024 · 31.51
Debt ≤ 1 year
€71k▼
2024 · €94k
Debt > 1 year
€11k▼
2024 · €618k
Income taxes
€43k▼
2024 · €48k
Staff costs
€49k▼
2024 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.64M€5.32M▼
Fixed assets21/28€4.56M€4.54M▼
Tangible fixed assets22/27€767k€750k▼
Land and buildings22€703k€689k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€55k€51k▼
Other tangible fixed assets26€9k€7k▼
Financial fixed assets28€3.79M€3.79M=
Current assets29/58€1.08M€781k▼
Amounts receivable within one year40/41€595k€135k▼
Trade receivables40€60k€47k▼
Other amounts receivable41€534k€88k▼
Current investments50/53€423k€604k▲
Cash at bank and in hand54/58€57k€37k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€5.64M€5.32M▼
Equity10/15€4.92M€5.24M▲
Contributions10/11€12k€12k=
Reserves13€4.25M€4.66M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€330k€245k▼
Distributable reserves133€3.92M€4.41M▲
Profit (loss) carried forward14€665k€572k▼
Amounts payable17/49€714k€82k▼
Amounts payable after more than one year17€618k€11k▼
Financial debts170/4€616k€9k▼
Other amounts payable178/9€2k€2k▲
Amounts payable within one year42/48€94k€71k▼
Current portion of amounts payable after more than one year42€32k€10k▼
Financial debts43€106€264▲
Credit institutions430/8€106€264▲
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€49k€55k▲
Taxes450/3€42k€55k▲
Remuneration and social security454/9€6k€162▼
Other amounts payable47/48€6k€105▼
Accrued charges and deferred income492/3€3k€507▼
Income statement
Code20242025
Non-recurring operating income76A€37k€0▼
Remuneration, social security and pensions62€58k€49k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€46k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€173k€68k▼
Operating profit (loss)9901€68k€-31k▼
Financial income75/76B€398k€401k▲
Recurring financial income75€398k€401k▲
Financial charges65/66B€4k€12k▲
Recurring financial charges65€4k€12k▲
Profit (loss) for the period before taxes9903€463k€358k▼
Income taxes67/77€48k€43k▼
Profit (loss) for the period9904€414k€315k▼
Transfer from tax-exempt reserves789€30k€84k▲
Transfer to tax-exempt reserves689€27k€0▼
Profit (loss) for the period to be appropriated9905€418k€400k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.11M€1.06M▼
Profit (loss) brought forward from the previous period14P€695k€665k▼
Transfer to equity691/2€448k€492k▲
To other reserves6921€448k€492k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | €37k | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €48k | €54k | €58k | €49k | ▼ 15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €28k | €32k | €43k | €46k | ▲ 7.3% |
| Other operating charges640/8 | - | €5k | €4k | €4k | €4k | ▼ 2.8% |
| Non-recurring operating charges66A | - | €814 | €0 | - | - | - |
| Gross operating margin9900 | €2.77M | €198k | €126k | €173k | €68k | ▼ 60.6% |
| Operating profit (loss)9901 | €2.68M | €116k | €36k | €68k | €-31k | ▼ 145% |
| Financial income75/76B | - | €170k | €342k | €398k | €401k | ▲ 0.8% |
| Recurring financial income75 | €367k | €170k | €342k | €398k | €401k | ▲ 0.8% |
| Financial charges65/66B | - | €3k | €58k | €4k | €12k | ▲ 226% |
| Recurring financial charges65 | €5k | €3k | €58k | €4k | €12k | ▲ 226% |
| Profit (loss) for the period before taxes9903 | €3.04M | €283k | €320k | €463k | €358k | ▼ 22.6% |
| Income taxes67/77 | €331k | €62k | €58k | €48k | €43k | ▼ 11.3% |
| Profit (loss) for the period9904 | €2.71M | €221k | €261k | €414k | €315k | ▼ 23.9% |
| Transfer from tax-exempt reserves789 | - | €47k | €109k | €30k | €84k | ▲ 178% |
| Transfer to tax-exempt reserves689 | - | €63k | €156k | €27k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €2.70M | €204k | €214k | €418k | €400k | ▼ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.66M | €5.57M | €5.68M | €5.64M | €5.32M | ▼ 5.6% |
| Fixed assets21/28 | €4.57M | €4.57M | €4.59M | €4.56M | €4.54M | ▼ 0.4% |
| Tangible fixed assets22/27 | €733k | €728k | €795k | €767k | €750k | ▼ 2.2% |
| Land and buildings22 | - | €705k | €720k | €703k | €689k | ▼ 2.0% |
| Plant, machinery and equipment23 | - | - | - | - | €2k | - |
| Furniture and vehicles24 | - | €21k | €65k | €55k | €51k | ▼ 6.8% |
| Other tangible fixed assets26 | - | €1k | €10k | €9k | €7k | ▼ 13.6% |
| Financial fixed assets28 | €3.84M | €3.84M | €3.79M | €3.79M | €3.79M | = |
| Current assets29/58 | €1.09M | €1.00M | €1.09M | €1.08M | €781k | ▼ 27.7% |
| Amounts receivable within one year40/41 | €389k | €476k | €541k | €595k | €135k | ▼ 77.2% |
| Trade receivables40 | - | €57k | €29k | €60k | €47k | ▼ 21.6% |
| Other amounts receivable41 | - | €419k | €512k | €534k | €88k | ▼ 83.5% |
| Current investments50/53 | €369k | €459k | €478k | €423k | €604k | ▲ 42.9% |
| Cash at bank and in hand54/58 | €327k | €63k | €68k | €57k | €37k | ▼ 34.8% |
| Deferred charges and accrued income490/1 | - | €4k | €5k | €5k | €4k | ▼ 27.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.66M | €5.57M | €5.68M | €5.64M | €5.32M | ▼ 5.6% |
| Equity10/15 | €4.03M | €4.25M | €4.51M | €4.92M | €5.24M | ▲ 6.4% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €3.17M | €3.44M | €3.80M | €4.25M | €4.66M | ▲ 9.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | - | €287k | €333k | €330k | €245k | ▼ 25.5% |
| Distributable reserves133 | - | €3.15M | €3.47M | €3.92M | €4.41M | ▲ 12.6% |
| Profit (loss) carried forward14 | €846k | €799k | €695k | €665k | €572k | ▼ 13.9% |
| Amounts payable17/49 | €1.64M | €1.32M | €1.17M | €714k | €82k | ▼ 88.5% |
| Amounts payable after more than one year17 | €1.22M | €1.20M | €1.05M | €618k | €11k | ▼ 98.2% |
| Financial debts170/4 | - | €1.20M | €1.05M | €616k | €9k | ▼ 98.5% |
| Other amounts payable178/9 | - | €830 | €2k | €2k | €2k | ▲ 14.4% |
| Amounts payable within one year42/48 | €416k | €124k | €114k | €94k | €71k | ▼ 24.3% |
| Current portion of amounts payable after more than one year42 | - | €21k | €31k | €32k | €10k | ▼ 68.2% |
| Financial debts43 | - | €641 | €11 | €106 | €264 | ▲ 148% |
| Credit institutions430/8 | - | €641 | €11 | €106 | €264 | ▲ 148% |
| Trade debts44 | €8k | €6k | €6k | €7k | €5k | ▼ 23.8% |
| Suppliers440/4 | - | €6k | €6k | €7k | €5k | ▼ 23.8% |
| Taxes, remuneration and social security45 | - | €12k | €35k | €49k | €55k | ▲ 13.2% |
| Taxes450/3 | - | €7k | €24k | €42k | €55k | ▲ 29.5% |
| Remuneration and social security454/9 | - | €5k | €11k | €6k | €162 | ▼ 97.4% |
| Other amounts payable47/48 | - | €85k | €42k | €6k | €105 | ▼ 98.3% |
| Accrued charges and deferred income492/3 | - | €0 | €2k | €3k | €507 | ▼ 81.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.71M | €221k | €261k | €414k | €315k | ▼ 23.9% |
| + Depreciation and write-downs630 | €27k | €28k | €32k | €43k | €46k | ▲ 7.3% |
| Operating cash flow (approximation) | €2.74M | €249k | €294k | €457k | €361k | ▼ 21.0% |
| Investment in fixed assets (approximation) | - | €-22k | €-50k | €-15k | €-29k | ▼ 90.8% |
| Change in cash | - | €-264k | €5k | €-11k | €-20k | ▼ 81.1% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Equity above €5MEq €5.24M ▲6.4%
7 profitable years in a row build equity to €5.24M.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity triplescurrent ratio 8.07
Current ratio from 2.62 to 8.07; short-term debt falls from €416k to €124k.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €2.71M ▲849%
Operating result €2.68M, net result €2.71M, both a record.
30-06
Financial
Equity above €2MEq €4.03M ▲205%
3 profitable years in a row build equity to €4.03M.
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 24 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 365 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Rixensart · 1 establishment unit since 2009
Ground area
190 m²
Building footprint
204 m²
Volume, LiDAR
1,200 m³
Parcel 25091F0348/00_000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Avenue de Ripont 22, 1330 Rixensart
since 20092.245.983.530
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091F0348/00_000 | Wallonia | 190 m² | 1 · 204 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500A37D936U399214
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 10,891 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-02-2009
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.