DEVROE & PARTNERS
ActiveSummary
DEVROE & PARTNERS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. 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 84% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 6.68 against 8.17 in 2024; short-term debt: 14.5% and cash: 60.6% of total assets), and 14.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
85.1%
Return on assets
9.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
57 d early
2023
1 d early
2022
3 d early
2021
37 d early
2020
37 d early
2019
49 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▲ 5.0%
2024 · €121k
2018: €72k
2019: €80k
2020: €81k
2021: €91k
2022: €99k
2023: €100k
2024: €121k
2018 → 2025
Total assets
€150k▲ 8.5%
2024 · €138k
2018: €80k
2019: €94k
2020: €101k
2021: €98k
2022: €113k
2023: €128k
2024: €138k
2018 → 2025
Net result
€14k▼ 37.3%
2024 · €22k
2018: €745
2019: €8k
2020: €1k
2021: €10k
2022: €8k
2023: €1k
2024: €22k
2018 → 2025
Working capital
€124k▲ 6.9%
2024 · €116k
2018: €53k
2019: €55k
2020: €63k
2021: €79k
2022: €88k
2023: €94k
2024: €116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€91k-€99k▲ 8.5%€100k▲ 1.1%€121k▲ 21.7%€127k▲ 5.0%
Operating result€11k-€14k▲ 19.7%€4k▼ 69.2%€25k▲ 502%€16k▼ 37.1%
Net result€10k-€8k▼ 19.6%€1k▼ 86.0%€22k▲ 1,894%€14k▼ 37.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€4k ▼ 31.8%
Current assets
€145k ▲ 10.4%
Equity and liabilities €150k
Equity
€127k ▲ 5.0%
Debt
€22k ▲ 34.0%
Debt's share of the balance-sheet total rises from 12.1% to 14.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▼
2024 · €27k
Cash flow
€16k▼
2024 · €23k
Current ratio
6.68▼
2024 · 8.17
Debt to equity
0.18▲
2024 · 0.14
ROE
10.6%▼
2024 · 17.8%
ROA
9.1%▼
2024 · 15.7%
Interest coverage
98.97▼
2024 · 151.87
Debt ≤ 1 year
€22k▲
2024 · €16k
Income taxes
€6k▼
2024 · €10k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€138k€150k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Land and buildings22€5k€3k▼
Plant, machinery and equipment23€1k€822▼
Current assets29/58€132k€145k▲
Amounts receivable within one year40/41€8k€15k▲
Trade receivables40€2k€15k▲
Other amounts receivable41€5k€63▼
Current investments50/53€78k€39k▼
Cash at bank and in hand54/58€45k€91k▲
Deferred charges and accrued income490/1€540€594▲
Equity and liabilities
Total equity and liabilities10/49€138k€150k▲
Equity10/15€121k€127k▲
Contributions10/11€31k€31k=
Reserves13€86k€92k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€83k€89k▲
Profit (loss) carried forward14€4k€4k=
Amounts payable17/49€17k€22k▲
Amounts payable within one year42/48€16k€22k▲
Trade debts44€12k€6k▼
Suppliers440/4€12k€6k▼
Taxes, remuneration and social security45€3k€16k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€745€10k▲
Other amounts payable47/48€543€97▼
Accrued charges and deferred income492/3€513€528▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€28k€19k▼
Operating profit (loss)9901€25k€16k▼
Financial income75/76B€6k€4k▼
Recurring financial income75€6k€4k▼
Financial charges65/66B€178€181▲
Recurring financial charges65€178€181▲
Profit (loss) for the period before taxes9903€31k€20k▼
Income taxes67/77€10k€6k▼
Profit (loss) for the period9904€22k€14k▼
Profit (loss) for the period to be appropriated9905€22k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€17k▼
Profit (loss) brought forward from the previous period14P€4k€4k=
Transfer from equity791/2-€8k
Transfer to equity691/2€22k€14k▼
To other reserves6921€22k€14k▼
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €22k ▲1894%
Operating result €25k, net result €22k, both a record.
30-09
Financial
Equity above €100kEq €121k ▲21.7%
7 profitable years in a row build equity to €121k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Liquidity triplescurrent ratio 14.33
Current ratio from 4.17 to 14.33; short-term debt falls from €20k to €6k.
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-03
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.
Directors · office · real estate
Directors
5 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, Brugge · 1 establishment unit since 1983
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.
Klauwijzerstraat 108200 BruggeGround area
382 m²
Building footprint
120 m²
Volume, LiDAR
644 m³
Parcel 31425C0128/00B002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Klauwijzerstraat 10, 8200 Brugge
since 19832.023.011.610
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31425C0128/00B002 | Flanders | 382 m² | 1 · 120 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 145 EUR awarded · 145 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 74 EUR | 74 EUR |
| 2024 | 1 | 71 EUR | 71 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,222 companies in sector 82100 we hold annual accounts for 3,510. 2,594 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-1983
Fiscal year end30-09
Activities, NACEBEL 2025
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.