Summary
B&B Development has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show a net result of €8,300. Equity has been growing by about 40% per year since 2018. Its net result ranks better than 45% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-06-2015 Normal situation
- Registered office
- 107 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Development of residential building projects NACE 68121and 5 others
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
- Adeline SimontDirector
- NAEDOLDirector · permanent representative Julien NEYTS
- B-TOM PUBLIC LIMITED LIABILITY COMPANYDirector · permanent representative Geoffroy BERTRAND
- Auditor
- SRL DELOITTE Réviseurs d'Entreprises
- BESIX RED S.A.consolidates· score 83annual accounts 2020
- BELGIAN LAND50%2025 annual accounts of BELGIAN LAND
- BESIX REAL ESTATE DEVELOMENT50%· score 83annual accounts 2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Turnover
- €20,800
- ▼ 93.2%
- Profit
- €8,300
- ▼ 96.7%
- Total assets
- €2.7m
- ▲ 26.5%
- 2025 accounts filed 11 days after the deadline
Signalsraises riskLast filed accounts filed 11 days late; 2 of the last 3 accounts lateNo registered site in the KBOEigen vermogen niet neergelegd2025 accounts filed 11 days latelowers riskSize: turnover €20,800, total assets €2.7mShow the evidence
Bankruptcy probability
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 11 days after the deadline Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00405501.
Annual accounts 2025 filed on 11-08-2026 at the NBB all 10 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 97% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €1,168 | €1,270 | €1,328 | €2,000 | - |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Comparable companies
These companies have the same main activity as B&B Development: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2m and €3.4m, founded between 2013 and 2017.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| B&B Development Sint-Lambrechts-Woluwe | 2015 | €2.7m | - | €0.01m | €0.02m | €0.008m | - | 2025 |
| A7B Tournai | 2015 | €2.7m | €2.2m | €0.02m | - | €0.2m | 0 | 2025 |
| HOUSE5 Ukkel | 2017 | €2.2m | -€0.05m | €0.009m | - | -€0.003m | 0 | 2025 |
| NEXT DAY SUSTAINABLE THREE Elsene | 2017 | €2.3m | €1.1m | €0.03m | - | -€0.01m | 0 | 2025 |
| HIC Mons | 2014 | €2.0m | €1.0m | €0.01m | - | €0.009m | - | 2025 |
| VASTGOED CW RE1 Merksplas | 2013 | €3.4m | €1.4m | €0.01m | - | -€0.06m | - | 2025 |
| Tybco Deerlijk | 2015 | €2.4m | -€0.1m | €0.03m | - | -€0.03m | - | 2025 |
They were chosen from the 7,757 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €22.3m | €1.6m | €0.001m | €0.7m | - | - |
| Turnover70 | - | €2.6m | €9.7m | €22.3m | €1.5m | - | €0.3m | €0.02m | ▼ 93.2% |
| Other operating income74 | - | - | - | €0.02m | €0.05m | €0.001m | €0.4m | - | - |
| Non-recurring operating income76A | - | - | - | - | €0.05m | - | - | - | - |
| Operating charges60/66A | - | - | - | €18.9m | €1.3m | €0.004m | €0.4m | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | - | €0.008m | - |
| Goods for resale, raw materials and consumables60 | - | - | - | €17.9m | €0.7m | -€0.03m | €0.2m | - | - |
| Change in stocks: decrease (increase)609 | - | - | - | €2.2m | €0.7m | -€0.2m | €0.1m | - | - |
| Services and other goods61 | - | - | - | €1.0m | €0.2m | €0.04m | €0.1m | - | - |
| Other operating charges640/8 | - | - | - | €250 | €0.4m | - | - | €50 | - |
| Gross operating margin9900 | - | - | - | - | - | - | - | €0.01m | - |
| Operating profit (loss)9901 | €0.03m | €0.002m | -€0.006m | €3.4m | €0.4m | -€0.004m | €0.4m | €0.01m | ▼ 96.5% |
| Recurring financial income75 | - | - | €49 | €2 | €10 | - | - | - | - |
| Income from financial fixed assets750 | - | - | - | €2 | - | - | - | - | - |
| Other financial income752/9 | - | - | - | - | €10 | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.1m | €0.02m | €0.001m | €0.01m | €0.001m | ▼ 89.2% |
| Recurring financial charges65 | €0.03m | €0.009m | €0.001m | €0.1m | €0.02m | €0.001m | €0.01m | €0.001m | ▼ 89.2% |
| Debt charges650 | - | €0.007m | €0.001m | €0.01m | €0.01m | €0.001m | €0.01m | - | - |
| Other financial charges652/9 | - | - | - | €0.09m | €0.005m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€326 | -€0.007m | -€0.007m | €3.3m | €0.3m | -€0.005m | €0.3m | €0.01m | ▼ 96.8% |
| Income taxes67/77 | - | - | - | €0.9m | €0.09m | - | €0.09m | €0.003m | ▼ 96.8% |
| Taxes670/3 | - | - | - | €0.9m | €0.09m | - | €0.09m | - | - |
| Profit (loss) for the period9904 | -€326 | -€0.007m | -€0.007m | €2.4m | €0.3m | -€0.005m | €0.3m | €0.008m | ▼ 96.7% |
| Profit (loss) for the period to be appropriated9905 | -€326 | -€0.007m | -€0.007m | €2.4m | €0.3m | -€0.005m | €0.3m | €0.008m | ▼ 96.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.0m | €6.6m | €8.2m | €7.5m | €4.3m | €2.8m | €2.1m | €2.7m | ▲ 26.5% |
| Current assets29/58 | €2.0m | €6.6m | €8.2m | €7.5m | €4.3m | €2.8m | €2.1m | €2.7m | ▲ 26.5% |
| Stocks and contracts in progress3 | €1.8m | €3.9m | €4.5m | €2.3m | €1.6m | €1.9m | €1.8m | €2.1m | ▲ 19.8% |
| Stocks30/36 | - | - | - | €2.3m | €1.6m | €1.9m | €1.8m | €2.1m | ▲ 19.8% |
| Property held for sale35 | - | - | - | €2.3m | €1.6m | €1.9m | €1.8m | - | - |
| Amounts receivable within one year40/41 | €0.1m | €1.0m | €0.9m | €2.3m | €0.004m | €0.06m | €0.4m | €0.6m | ▲ 56.8% |
| Trade receivables40 | - | - | - | €1.8m | €0.004m | €0.005m | €0.005m | €0.005m | ▲ 2.2% |
| Other amounts receivable41 | - | - | - | €0.5m | - | €0.06m | €0.4m | €0.6m | ▲ 57.5% |
| Cash at bank and in hand54/58 | €0.1m | €1.7m | €2.8m | €2.9m | €2.7m | €0.8m | €0.008m | €0.02m | ▲ 168% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.0m | €6.6m | €8.2m | €7.5m | €4.3m | €2.8m | €2.1m | €2.7m | ▲ 26.5% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.4m | €0.7m | - | - | - | - |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Issued capital100 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.001m | -€0.008m | -€0.02m | €0.2m | €0.4m | €0.4m | €0.7m | €0.7m | ▲ 1.2% |
| Amounts payable17/49 | €1.8m | €6.4m | €8.0m | €7.1m | €3.6m | €2.1m | €1.2m | €1.8m | ▲ 45.4% |
| Amounts payable after more than one year17 | €1.2m | €4.8m | €2.8m | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.7m | €1.6m | €5.2m | €7.1m | €3.6m | €2.1m | €1.2m | €1.8m | ▲ 45.4% |
| Trade debts44 | €0.7m | €1.6m | €2.3m | €4.0m | €2.5m | €2.1m | €1.1m | €1.1m | ▼ 6.8% |
| Suppliers440/4 | - | - | - | €4.0m | €2.5m | €2.1m | €1.1m | €1.1m | ▼ 6.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.9m | €1.0m | - | €0.09m | €0.003m | ▼ 96.8% |
| Taxes450/3 | - | - | - | €0.9m | €1.0m | - | €0.09m | €0.003m | ▼ 96.8% |
| Other amounts payable47/48 | - | - | - | €2.2m | €0.2m | - | - | €0.7m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.008m | €0.01m | €267 | €168 | €164 | ▼ 2.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€326 | -€0.007m | -€0.007m | €2.4m | €0.3m | -€0.005m | €0.3m | €0.008m | ▼ 96.7% |
| Operating cash flow (approximation) | -€326 | -€0.007m | -€0.007m | €2.4m | €0.3m | -€0.005m | €0.3m | €0.008m | ▼ 96.7% |
| Change in cash | - | €1.6m | €1.0m | €0.1m | -€0.3m | -€1.8m | -€0.8m | €0.01m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 11-08-2026 | 2026-00405501 | NBB |
| 31-12-2024 | full format | 30-09-2025 | 2025-00532351 | |
| 31-12-2023 | full format | 30-10-2024 | 2024-00528646 | |
| 31-12-2022 | full format | 29-09-2023 | 2023-00469015 | |
| 31-12-2021 | full format | 23-08-2022 | 2022-20307109 | |
| 31-12-2020 | full format | 12-08-2021 | 2021-48700200 | |
| 31-12-2019 | full format | 13-08-2020 | 2020-41400345 | |
| 31-12-2018 | full format | 09-07-2019 | 2019-30400445 | |
| 31-12-2017 | full format | 22-06-2018 | 2018-21900399 | |
| 31-12-2016 | full format | 21-06-2017 | 2017-22800339 |
Board & ownership
Directors
Board 4
Permanent representatives 3
Statutory auditor 1
Owners and capital
Shareholders
3 ownersChain of control
- BESIX RED S.A.
- B&B Development
Owners 3
- BESIX RED S.A.consolidating parentEquity €129.7m Profit of €4.0m in 2025 (profit of €11.7m in 2024) Checked score 83consolidates
- Equity €26.7m Loss of €2.7m in 2025 (profit of €576,078 in 2024)50%
- Sourceown accounts 2020Equity €129.7m Profit of €4.0m in 2025 (profit of €11.7m in 2024) Checked score 8350%
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| BELGIAN LAND |
|
| Adeline Simont |
|
| NAEDOL |
|
| B-TOM PUBLIC LIMITED LIABILITY COMPANY |
|
| SRL DELOITTE Réviseurs d'Entreprises |
|
| FBGO INVEST |
|
| RLG Consulting srl |
|
| Scarfo SRL |
|
| Mazars Bedrijfsrevisoren - Réviseurs d'entreprises SCCRL |
|
Network & group
Companies at the same address
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- TM IJZER DIKSMUIDE Registered office · since 2025 1028061230
- MATISSE 16 CORNER Registered office · since 2025 1026650275
- MATISSE 16 HOUSING Registered office · since 2025 1026649978
- MATISSE 16 PODIUM Registered office · since 2025 1026650473
Connections & network
30 connected companiesShow 26 more companies with a shared director
Timeline
Acts, filings and financial milestones
02-10
Gazette deed
Resignation: FBGO INVEST SRL (class A director)Appointment: NAEDOL SRL (class A director) · Director discharge · Power of attorney5 points ▸
- General meeting, 23-02-2026
- Director resignation, FBGO INVEST SRL (class A director)
- Director discharge, FBGO INVEST SRL (class A director)
- Director appointment, NAEDOL SRL (class A director)
- Power of attorney, Gaël PALMAERS
17-09
Gazette deed
Resignation: RLG CONSULTING SRL (director)Permanent representatives: Raphaël Legendre, Geoffroy BERTRAND and André Bosmans · Appointment: B-TOM PUBLIC LIMITED LIABILITY COMPANY (director) · Reappointments: BELGIAN LAND SA (director) and Adeline SIMONT (director)8 points ▸
- General meeting, 30-06-2026
- Director resignation, RLG CONSULTING SRL (director)
- Permanent representative, Raphaël Legendre
- Director appointment, B-TOM PUBLIC LIMITED LIABILITY COMPANY (director)
- Permanent representative, Geoffroy BERTRAND
- Director reappointment, BELGIAN LAND SA (director)
- Permanent representative, André Bosmans
- Director reappointment, Adeline SIMONT (director)
10-07
Gazette deed
Resignation: Scarfo SRL (director)Permanent representative: Emilie Rousseau · Appointment: Adeline Simont (director)4 points ▸
- General meeting, 13-05-2025
- Director resignation, Scarfo SRL (director)
- Permanent representative, Emilie Rousseau
- Director appointment, Adeline Simont (director)
28-08
Gazette deed
Appointments: FBGO INVEST (director) and Deloitte Réviseurs d'Entreprises SRL (statutory auditor)Permanent representatives: Fabrice BOURGEOIS, André BOSMANS and Emilie ROUSSEAUX · Reappointments: Belgian Land SA (director) and Scarfo SRL (director) · Resignation: Mazars Réviseurs d'Entreprises (statutory auditor)11 points ▸
- General meeting, 08-05-2024
- Other provision, “administrateur, mandat venant à échéance” (deed in French), mentioned 3 times in the deed
- Director appointment, FBGO INVEST (director)
- Permanent representative, Fabrice BOURGEOIS
- Director reappointment, Belgian Land SA (director)
- Director reappointment, Scarfo SRL (director)
- Permanent representative, André BOSMANS
- Permanent representative, Emilie ROUSSEAUX
- Auditor resignation, Mazars Réviseurs d'Entreprises (statutory auditor)
- Other provision, “assemblée, prise de connaissance du rapport du commissaire” (deed in French)
- Auditor appointment, Deloitte Réviseurs d'Entreprises SRL (statutory auditor)
06-11
Gazette deed
Reappointment: RLG CONSULTING SRL (director)Permanent representatives: Raphaël LEGENDRE and Sébastien SCHUEREMANS5 points ▸
- General meeting, 24-07-2023
- Director reappointment, RLG CONSULTING SRL (director)
- Permanent representative, Raphaël LEGENDRE
- Other provision, “Commissaire, commissaire en fonction” (deed in French)
- Permanent representative, Sébastien SCHUEREMANS
12-04
Gazette deed
Amendment of the articlesRegistered office clause · Correction · Power of attorney4 points ▸
- Registered office clause, “Woluwe-Saint-Lambert (1200 Bruxelles),Avenue des Communautés,100, assemblée” (deed in French)
- Correction, “numéro d'entreprise de l'administrateur Belgian Land, rectification erreur matérielle” (deed in French)
- Power of attorney
- Other provision, “Banque Carrefour des Entreprises, Bruxelles” (deed in French)
Show earlier events
18-07
Gazette deed
Reappointment: Mazars Bedrijfsrevisoren - Réviseurs d'entreprises SCCRL (statutory auditor)2 points ▸
- General meeting, 11-05-2022
- Auditor reappointment, Mazars Bedrijfsrevisoren - Réviseurs d'entreprises SCCRL (statutory auditor)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0632.558.873
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21018A0151/00E000 | Brussels | 2,591 m² | 1 · 1,070 m² | 27.7 m · 8 |