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DEVSON

Active
Private limited company (pre-2019)founded 200818 yrs activePoeldendries 34, 9850 Deinze, BelgiumKBO/BCE: BE 0894.646.341
Summary

DEVSON has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €431k and a net result of €68k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability78▲+1
Solvency71▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.39 in 2024; short-term debt: 37.3% and cash: 2.3% of total assets), and 54.2% 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 · 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
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
45.8%
Return on assets
7.2%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
29 d late
2023
29 d late
2022
30 d late
2021
30 d late
2020
30 d late
2019
27 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
neutral · 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 2025, micro schema

Equity
€431k▲ 18.7%
2024 · €363k
2019: €182k 2020: €181k▼ -0.3% vs 2019lowest in 7 years 2021: €224k▲ +23.9% vs 2020 2022: €262k▲ +16.8% vs 2021 2023: €316k▲ +20.8% vs 2022 2024: €363k▲ +14.7% vs 2023 2025: €431k▲ +18.7% vs 2024highest in 7 years
2019 → 2025
Total assets
€939k▲ 27.6%
2024 · €736k
2019: €661klowest in 7 years 2020: €694k▲ +5.0% vs 2019 2021: €717k▲ +3.2% vs 2020 2022: €684k▼ -4.6% vs 2021 2023: €672k▼ -1.7% vs 2022 2024: €736k▲ +9.6% vs 2023 2025: €939k▲ +27.6% vs 2024highest in 7 years
2019 → 2025
Net result
€68k▲ 46.3%
2024 · €46k
2019: €14k 2020: €-505▼ -104% vs 2019lowest in 7 years 2021: €43k▲ +8669% vs 2020 2022: €38k▼ -12.9% vs 2021 2023: €54k▲ +44.4% vs 2022 2024: €46k▼ -14.8% vs 2023 2025: €68k▲ +46.3% vs 2024highest in 7 years
2019 → 2025
Working capital
€-296k▼ 396%
2024 · €-60k
2019: €-174k 2020: €-52k▲ +70.1% vs 2019 2021: €-37k▲ +29.3% vs 2020 2022: €-34k▲ +7.6% vs 2021highest in 7 years 2023: €-56k▼ -64.1% vs 2022 2024: €-60k▼ -7.0% vs 2023 2025: €-296k▼ -396% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€224k-€262k▲ 16.8%€316k▲ 20.8%€363k▲ 14.7%€431k▲ 18.7% 2021: €224klowest in 5 years 2022: €262k▲ +16.8% vs 2021 2023: €316k▲ +20.8% vs 2022 2024: €363k▲ +14.7% vs 2023 2025: €431k▲ +18.7% vs 2024highest in 5 years
Operating result€83k-€73k▼ 12.1%€94k▲ 28.0%€80k▼ 14.7%€110k▲ 37.4% 2021: €83k 2022: €73k▼ -12.1% vs 2021lowest in 5 years 2023: €94k▲ +28.0% vs 2022 2024: €80k▼ -14.7% vs 2023 2025: €110k▲ +37.4% vs 2024highest in 5 years
Net result€43k-€38k▼ 12.9%€54k▲ 44.4%€46k▼ 14.8%€68k▲ 46.3% 2021: €43k 2022: €38k▼ -12.9% vs 2021lowest in 5 years 2023: €54k▲ +44.4% vs 2022 2024: €46k▼ -14.8% vs 2023 2025: €68k▲ +46.3% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €83k€83kNet result 2021: €43k€43kOperating result 2022: €73k€73kNet result 2022: €38k€38kOperating result 2023: €94k€94kNet result 2023: €54k€54kOperating result 2024: €80k€80kNet result 2024: €46k€46kOperating result 2025: €110k€110kNet result 2025: €68k€68k20212022202320242025€0€50k€100kOperating result 2023: €94k€94kNet result 2023: €54k€54kOperating result 2024: €80k€80kNet result 2024: €46k€46kOperating result 2025: €110k€110kNet result 2025: €68k€68k202320242025
The operating result recovers in 2025; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €939k
Fixed assets €885k ▲ 26.9%
Current assets €54k ▲ 40.1%
Equity and liabilities €939k
Equity €431k ▲ 18.7%
Debt €509k ▲ 36.2%
Debt's share of the balance-sheet total rises from 50.7% to 54.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€154k▲
2024 · €106k
Cash flow
€112k▲
2024 · €72k
Current ratio
0.15▼
2024 · 0.39
Debt to equity
1.18▲
2024 · 1.03
ROE
15.8%▲
2024 · 12.8%
ROA
7.2%▲
2024 · 6.3%
Interest coverage
10.58▲
2024 · 6.85
Debt ≤ 1 year
€351k▲
2024 · €98k
Debt > 1 year
€157k▼
2024 · €275k
Income taxes
€28k▲
2024 · €19k
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 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€736k€939k▲
Fixed assets21/28€697k€885k▲
Tangible fixed assets22/27€697k€687k▼
Land and buildings22€587k€575k▼
Plant, machinery and equipment23€735€252▼
Furniture and vehicles24€109k€111k▲
Financial fixed assets28-€198k
Current assets29/58€39k€54k▲
Amounts receivable within one year40/41€22k€25k▲
Trade receivables40€21k€25k▲
Other amounts receivable41€269€298▲
Cash at bank and in hand54/58€9k€22k▲
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€736k€939k▲
Equity10/15€363k€431k▲
Contributions10/11€181k€181k=
Reserves13€182k€249k▲
Non-distributable reserves130/1€300€300=
Reserves not available under the articles1311€300€300=
Distributable reserves133€181k€249k▲
Amounts payable17/49€373k€509k▲
Amounts payable after more than one year17€275k€157k▼
Financial debts170/4€200k€157k▼
Other amounts payable178/9€75k€0▼
Amounts payable within one year42/48€98k€351k▲
Current portion of amounts payable after more than one year42€58k€68k▲
Financial debts43-€198k
Credit institutions430/8-€198k
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€17k€30k▲
Taxes450/3€17k€30k▲
Other amounts payable47/48€15k€44k▲
Accrued charges and deferred income492/3€0€769▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€44k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€109k€157k▲
Operating profit (loss)9901€80k€110k▲
Financial income75/76B€563€296▼
Recurring financial income75€563€296▼
Non-recurring financial income76B€563€0▼
Financial charges65/66B€16k€15k▼
Recurring financial charges65€16k€15k▼
Profit (loss) for the period before taxes9903€65k€96k▲
Income taxes67/77€19k€28k▲
Profit (loss) for the period9904€46k€68k▲
Profit (loss) for the period to be appropriated9905€46k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€68k▲
Transfer to equity691/2€46k€68k▲
To other reserves6921€46k€68k▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k€24k€26k€44k▲ 69.9%
Other operating charges640/8-€2k€2k€2k€2k▲ 1.8%
Gross operating margin9900€105k€96k€119k€109k€157k▲ 44.4%
Operating profit (loss)9901€83k€73k€94k€80k€110k▲ 37.4%
Financial income75/76B-€59€0€563€296▼ 47.4%
Recurring financial income75-€59€0€563€296▼ 47.4%
Non-recurring financial income76B---€563€0▼ 100%
Financial charges65/66B-€20k€17k€16k€15k▼ 5.9%
Recurring financial charges65€22k€20k€17k€16k€15k▼ 5.9%
Profit (loss) for the period before taxes9903€61k€53k€76k€65k€96k▲ 46.9%
Income taxes67/77€18k€15k€22k€19k€28k▲ 48.5%
Profit (loss) for the period9904€43k€38k€54k€46k€68k▲ 46.3%
Profit (loss) for the period to be appropriated9905€43k€38k€54k€46k€68k▲ 46.3%
Line20212022202320242025Change
Assets
Total assets20/58€717k€684k€672k€736k€939k▲ 27.6%
Fixed assets21/28€659k€649k€639k€697k€885k▲ 26.9%
Tangible fixed assets22/27€659k€649k€639k€697k€687k▼ 1.5%
Land and buildings22-€621k€604k€587k€575k▼ 2.0%
Plant, machinery and equipment23-€2k€1k€735€252▼ 65.7%
Furniture and vehicles24-€26k€33k€109k€111k▲ 1.6%
Financial fixed assets28----€198k-
Current assets29/58€57k€34k€33k€39k€54k▲ 40.1%
Amounts receivable within one year40/41€35k€22k€31k€22k€25k▲ 16.6%
Trade receivables40-€22k€31k€21k€25k▲ 16.7%
Other amounts receivable41-€19€0€269€298▲ 11.1%
Cash at bank and in hand54/58€21k€11k€484€9k€22k▲ 136%
Deferred charges and accrued income490/1-€1k€1k€8k€7k▼ 9.4%
Equity and liabilities
Total equity and liabilities10/49€717k€684k€672k€736k€939k▲ 27.6%
Equity10/15€224k€262k€316k€363k€431k▲ 18.7%
Contributions10/11-€181k€181k€181k€181k=
Reserves13€43k€81k€135k€182k€249k▲ 37.4%
Non-distributable reserves130/1-€300€300€300€300=
Reserves not available under the articles1311-€300€300€300€300=
Distributable reserves133-€80k€135k€181k€249k▲ 37.4%
Profit (loss) carried forward14€97-----
Amounts payable17/49€492k€422k€355k€373k€509k▲ 36.2%
Amounts payable after more than one year17€398k€353k€267k€275k€157k▼ 42.8%
Financial debts170/4-€213k€177k€200k€157k▼ 21.4%
Other amounts payable178/9-€140k€90k€75k€0▼ 100%
Amounts payable within one year42/48€94k€68k€88k€98k€351k▲ 256%
Current portion of amounts payable after more than one year42-€35k€37k€58k€68k▲ 17.0%
Financial debts43----€198k-
Credit institutions430/8----€198k-
Trade debts44€2k€0€2k€8k€10k▲ 21.4%
Suppliers440/4-€0€2k€8k€10k▲ 21.4%
Taxes, remuneration and social security45-€20k€30k€17k€30k▲ 83.7%
Taxes450/3-€20k€30k€17k€30k▲ 83.7%
Other amounts payable47/48-€14k€19k€15k€44k▲ 186%
Accrued charges and deferred income492/3--€225€0€769-
Line20212022202320242025Change
Profit (loss) for the period9904€43k€38k€54k€46k€68k▲ 46.3%
+ Depreciation and write-downs630€20k€21k€24k€26k€44k▲ 69.9%
Operating cash flow (approximation)€63k€59k€78k€72k€112k▲ 54.8%
Investment in fixed assets (approximation)-€-11k€-14k€-84k€-232k▼ 175%
Change in cash-€-10k€-11k€9k€13k▲ 43.1%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
28-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
31-03
Financial Highest result since 2019net €68k ▲46.3%
Operating result €110k, net result €68k, both a record.
2024
29-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2023
29-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2022
30-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2021
30-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
31-03
Financial Back to profitnet €43k
Net result €43k after one loss-making year.
31-03
Financial Equity above €200kEq €224k ▲23.9%
Equity rises from €181k to €224k.
2020
30-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial Weakest financial yearnet €-505
Net result drops to €-505, the lowest in the series; recovery starts the following year.
2019
27-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2018
08-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2017
31-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
31-10
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
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.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
1,503 m²
Building footprint
305 m²
Volume, LiDAR
1,133 m³
Parcel 44030B0307/00P000, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
DEVSON
Poeldendries 34, 9850 DeinzeOther business support services
since 20082.167.791.434
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44030B0307/00P000 Flanders 1,503 m² 1 · 304 m² 5.4 m · 1 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 749 EUR awarded · 639 EUR paid
Year Entries awardedpaid
2023 1 749 EUR639 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 749 EUR · 639 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 6,081 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 (pre-2019)
Founded04-01-2008
Fiscal year end31-03
Activities, NACEBEL 2025
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.