ANTONISSEN DEVELOPMENT GROUP
ActiveANTONISSEN DEVELOPMENT GROUP has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €63.65M and a net result of €259k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 79% of 4830 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
73
/ 100
Healthy▲ +33 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability27▼-6
Solvency100▲+65
Growth52▲+17
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 4.85 in 2023), and 28.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
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 2024Solvency, return and age of the figures
Solvency
71.8%
Return on assets
0.3%
Age of the figures
20 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
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €63.6M
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
58 d late
2022
18 d late
2021
38 d late
2020
146 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€7.01M▲ 382%
2023 · €1.45M
2019: €12.81M
2020: €18.80M
2021: €13.14M
2022: €2.89M
2023: €1.45M
2019 → 2024
EBIT margin
5.1%▼ 3.6pp
2023 · 8.7%
2019: 8.9%
2020: 4.4%
2021: 21.1%
2022: 54.9%
2023: 8.7%
2019 → 2024
Net result
€259k
2023 · €-534k
2018: €-472k
2019: €134k
2020: €-393k
2021: €862k
2022: €718k
2023: €-534k
2018 → 2024
Working capital
€32.54M▼ 24.0%
2023 · €42.82M
2018: €2.46M
2019: €6.28M
2020: €22.83M
2021: €29.20M
2022: €34.11M
2023: €42.82M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€18.80M-€13.14M▼ 30.1%€2.89M▼ 78.0%€1.45M▼ 49.7%€7.01M▲ 382%
Equity€-154k-€708k€2.93M▲ 313%€2.39M▼ 18.3%€63.65M▲ 2,562%
Operating result€835k-€2.78M▲ 233%€1.59M▼ 42.9%€126k▼ 92.0%€358k▲ 184%
Net result€-393k-€862k€718k▼ 16.8%€-534k€259k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 184% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88.64M
Fixed assets
€40.60M▲ 75.0%
Current assets
€48.04M▼ 10.9%
Equity and liabilities €88.64M
Equity
€63.65M▲ 2,562%
Provisions
€0▼ 100%
Debt
€24.99M▼ 66.5%
The debt ratio falls from 96.8% to 28.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€510k▲
2023 · €288k
Cash flow
€411k▲
2023 · €-372k
Solvency
71.8%▲
2023 · 3.1%
Current ratio
3.10▼
2023 · 4.85
Quick ratio
0.91▼
2023 · 1.68
Debt / equity
0.39▼
2023 · 31.24
ROE
0.4%▲
2023 · -22.3%
ROA
0.3%▲
2023 · -0.7%
Interest coverage
0.21▲
2023 · 0.18
Debt
€24.99M▼
2023 · €74.71M
Debt ≤ 1 year
€15.50M▲
2023 · €11.12M
Debt > 1 year
€9.49M▼
2023 · €63.58M
Income taxes
€8k▲
2023 · €5k
Staff costs
€787k▼
2023 · €1.35M
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€77.15M€88.64M▲
Fixed assets21/28€23.21M€40.60M▲
Tangible fixed assets22/27€2.02M€1.88M▼
Land and buildings22€1.83M€1.76M▼
Plant, machinery and equipment23€929€46k▲
Furniture and vehicles24€169k€58k▼
Other tangible fixed assets26€22k€18k▼
Assets under construction and advance payments27€0-
Financial fixed assets28€21.19M€38.72M▲
Affiliated companies280/1€21.19M€38.71M▲
Participating interests280-€1.65M
Amounts receivable281€21.19M€37.07M▲
Other financial fixed assets284/8€3k€3k=
Amounts receivable and cash guarantees285/8€3k€3k=
Current assets29/58€53.94M€48.04M▼
Stocks and contracts in progress3€35.21M€33.91M▼
Stocks30/36€35.21M€33.91M▼
Property held for sale35€35.21M€33.91M▼
Amounts receivable within one year40/41€18.68M€14.00M▼
Trade receivables40€6.41M€10.70M▲
Other amounts receivable41€12.28M€3.30M▼
Cash at bank and in hand54/58€35k€124k▲
Deferred charges and accrued income490/1€16k€11k▼
Equity and liabilities
Total equity and liabilities10/49€77.15M€88.64M▲
Equity10/15€2.39M€63.65M▲
Contributions10/11€1.52M€62.52M▲
Reserves13€873k€1.13M▲
Distributable reserves133€873k€1.13M▲
Provisions and deferred taxes16€45k€0▼
Provisions for liabilities and charges160/5€45k€0▼
Environmental obligations163€45k€0▼
Amounts payable17/49€74.71M€24.99M▼
Amounts payable after more than one year17€63.58M€9.49M▼
Financial debts170/4€63.58M€9.49M▼
Credit institutions173€13.73M€7.20M▼
Other loans174€49.85M€2.29M▼
Amounts payable within one year42/48€11.12M€15.50M▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€9.97M€13.79M▲
Credit institutions430/8€9.97M€13.79M▲
Trade debts44€569k€1.08M▲
Suppliers440/4€569k€1.08M▲
Advances received on contracts in progress46€5k€0▼
Taxes, remuneration and social security45€403k€107k▼
Taxes450/3€308k€27k▼
Remuneration and social security454/9€96k€81k▼
Other amounts payable47/48€172k€518k▲
Accrued charges and deferred income492/3€8k€0▼
Income statement
Code20232024
Operating income70/76A€4.10M€8.78M▲
Turnover70€1.45M€7.01M▲
Other operating income74€2.64M€1.74M▼
Non-recurring operating income76A€6k€33k▲
Operating charges60/66A€3.97M€8.42M▲
Goods for resale, raw materials and consumables60€1.15M€5.49M▲
Purchases600/8€159k€2.19M▲
Change in stocks: decrease (increase)609€994k€3.30M▲
Services and other goods61€967k€1.77M▲
Remuneration, social security and pensions62€1.35M€787k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€162k€152k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-45k
Other operating charges640/8€58k€259k▲
Non-recurring operating charges66A€279k€12k▼
Operating profit (loss)9901€126k€358k▲
Financial income75/76B€1,000k€2.35M▲
Recurring financial income75€1,000k€2.35M▲
Income from financial fixed assets750€199k€854k▲
Income from current assets751€801k€1.50M▲
Other financial income752/9€0-
Financial charges65/66B€1.66M€2.44M▲
Recurring financial charges65€1.66M€2.44M▲
Debt charges650€1.60M€2.42M▲
Other financial charges652/9€53k€27k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-529k€267k▲
Income taxes67/77€5k€8k▲
Taxes670/3€5k€8k▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€-534k€259k▲
Profit (loss) for the period to be appropriated9905€-534k€259k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-534k€259k▲
Transfer from equity791/2€534k€0▼
From reserves792€534k€0▼
Transfer to equity691/2€0€259k▲
To other reserves6921€0€259k▲
Social balance
Average headcount (FTE)908714.19.0▼
The notes to these accounts (94 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
31-12
Financial
Back to profitnet €259k
Net result €259k after one loss-making year.
31-12
Financial
Equity above €50MEq €63.65M ▲2562%
Equity rises from €2.39M to €63.65M.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 58 days late
2023
31-12
Financial
Weakest financial yearnet €-534k ▼174%
Net result drops to €-534k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 18 days late
2022
31-12
Financial
Equity above €2MEq €2.93M ▲313%
2 profitable years in a row build equity to €2.93M.
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 38 days late
2021
31-12
Financial
Back to profitnet €862k
Net result €862k after one loss-making year.
31-12
Financial
Equity above €500kEq €708k
Equity rises from €-154k to €708k.
24-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 146 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
31-12
Financial
Back to profitnet €134k
Net result €134k after one loss-making year.
31-12
Financial
Equity above €200kEq €239k ▲128%
Equity rises from €105k to €239k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Antwerpen · 1 establishment unit since 2009
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.
Generaal Lemanstraat 472018 AntwerpenGround area
1,325 m²
Building footprint
1,277 m²
Volume, LiDAR
20,597 m³
Parcel 11810K0015/00M002, Flanders · tallest building 23.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Antonissen Development Group
since 20092.178.321.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K0015/00M002 | Flanders | 1,325 m² | 1 · 1,277 m² | 23.0 m · 5 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.
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Of 7,288 companies in sector 68110 we hold annual accounts for 5,353. 266 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-2009
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68110Buying and selling of own real estate
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.