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DEVROE & PARTNERS

Active
Klauwijzerstraat 10 ·8200 Brugge, Belgium
KBO/BCE: BE 0424.586.816
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age42 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DEVROE & PARTNERS is 0.2% (very low). The 2025 annual accounts show equity of €127k and a net result of €14k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 1081 sector peers (fiscal year 2025). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Signals

3 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 85% of 1081 peers (2025). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend
Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Long-established
Founded in 1983, 42 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.2% Very low
0%0,5%1,5%4%10%≥25%
Long track record Lower-failure-rate sector Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€14k-37.3%
Working capital€124k+6.9%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 08-04-2026 with the NBB · fiscal year 2025 · micro
€0€10k€20k€30kOperating result 2021: €11k€11kNet result 2021: €13k€13kOperating result 2022: €14k€14kNet result 2022: €8k€8kOperating result 2023: €4k€4kNet result 2023: €1k€1kOperating result 2024: €25k€25kNet result 2024: €22k€22kOperating result 2025: €16k€16kNet result 2025: €14k€14k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~8.5%/year over 8 fiscal years, indicative, assuming unchanged policy.
€50k€75k€100k€125k€150k€175k2026: €137k (€127k - €148k)2027: €149k (€139k - €159k)2028: €162k (€151k - €172k)2018: €72k2019: €80k2020: €81k2021: €91k2022: €99k2023: €100k2024: €121k2025: €127k20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 82 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 85.1% 51.1%
better than 85% of 1081 sector peers
Net result €14k €24k
better than 37% of 1081 sector peers
Equity €127k €51k
better than 76% of 1082 sector peers
Gross operating margin €19k €45k
better than 26% of 1081 sector peers
Total assets €150k €116k
better than 60% of 1082 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P85
2020: P84 · n=4312021: P95 · n=8992022: P94 · n=17632023: P83 · n=25572024: P91 · n=31742025: P85 · n=10812020 2025
Stable position over 2020-2025 · n=431-3174
Net result P37
2020: P40 · n=4312021: P45 · n=8962022: P40 · n=17592023: P24 · n=25532024: P55 · n=31732025: P37 · n=10812020 2025
Stable position over 2020-2025 · n=431-3173
Equity P76
2020: P67 · n=4322021: P79 · n=9022022: P82 · n=17652023: P78 · n=25582024: P81 · n=31762025: P76 · n=10822020 2025
Stable position over 2020-2025 · n=432-3176
Gross operating margin P26
2020: P34 · n=4252021: P39 · n=8922022: P40 · n=17572023: P28 · n=25512024: P43 · n=31732025: P26 · n=10812020 2025
Stable position over 2020-2025 · n=425-3173
Describes the position versus peers, not a forecast.
EBITDA
€18k
-33.8% -66% vs sector
Net profit
€14k
-37.3% -51% vs sector
Cash flow
€16k
-33.4% -86% vs sector
Total assets
€150k
+8.5% -88% vs sector
Equity
€127k
+5.0% -85% vs sector
Working capital
€124k
+6.9% -62% vs sector
Income taxes
€6k
-34.4% +184% vs sector
Dividends
€8k
- 18-25
Debt
€22k
+34.0% -94% vs sector
Debt ≤ 1y
€22k
+35.0% -89% vs sector
Current ratio
6.68
-18.2% +96% vs sector
Quick ratio
6.68
-18.2% +96% vs sector
Solvency
85.1%
-3.2% +53% vs sector
Debt / equity
0.18
+27.7% -78% vs sector
ROE
10.6%
-40.2% +101% vs sector
ROA
9.1%
-42.2% +207% vs sector
Interest coverage
98.97
-34.8% far above sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€18k
Net profit€14k
Cash flow€16k
Staff costs-
Income taxes€6k
Dividends€8k
Total assets€150k
Equity€127k
Debt€22k
of which ≤ 1y€22k
of which > 1y-
Working capital€124k
Employees (FTE)-
Ratios (computed)
2025
Current ratio6.68
Quick ratio6.68
Working capital ratio82.6%
Solvency85.1%
Debt / equity0.18
Long-term debt ratio-
Interest coverage98.97
Gross margin-
Net margin-
ROA9.1%
ROE10.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€150k
Fixed assets 21/28€4k
Tangible fixed assets 22/27€4k
Current assets 29/58€145k
Amounts receivable within one year 40/41€15k
Investments 50/53€39k
Cash & bank 54/58€91k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€150k
Equity 10/15€127k
Contributions / capital 10/11€31k
Reserves 13€92k
Accumulated profits (losses) 14€4k
Amounts payable 17/49€22k
Amounts payable within one year 42/48€22k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€19k
Operating result 9901€16k
Financial income 75€4k
Financial charges 65€181
Result before taxes 9903€20k
Income taxes 67/77€6k
Net result for the period 9904€14k
Result to be appropriated 9905€14k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
93 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
Klauwijzerstraat 10, 8200 Brugge
het invullen van aangifteformulieren voor de loon- en inkomstenbelasting voor particulieren en bedrijven
since 19832.023.011.610
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area382 m²
Buildings1
Building footprint120 m²
Volume (LiDAR)644 m³
Tallest building9.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31425C0128/00B002 Flanders 382 m² 1 · 120 m² 9.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability53Solvency100Growth78Stability100
85 / 100

Exceptional profile, strong across almost every axis.

Health 93
Profitability 53
Solvency 100
Growth 78
Stability 100

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Sociale secretariaten74854Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110
Primary activity highlighted.
Names & trade names
Legal nameNL DEVROE & PARTNERS
Registered office
Klauwijzerstraat 10
8200 Brugge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.