B-Development
ActiveSummary
B-Development has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €399,282 and a net result of €185,741. Equity is growing by ~67.1% per year across the filed fiscal years. Its solvency ranks better than 77% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 5.0 against 6.36 in 2024; short-term debt: 19.4% and cash: 30.6% of total assets), and 19.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
80.6%
Return on assets
37.5%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 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 · 3 filingsDeviation from the deadline
2025
5 d late
2024
14 d late
2023
12 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€399,282▲ 87.0%
2024 · €213,541
Total assets
€495,261▲ 96.5%
2024 · €252,063
Net result
€185,741▲ 84.2%
2024 · €100,853
Working capital
€383,714▲ 86.0%
2024 · €206,309
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€146,472-€126,783▼ 13.4%€258,822▲ 104%
Net result€107,688above the sector's middle half-€100,853above the sector's middle half▼ 6.3%€185,741above the sector's middle half▲ 84.2%
Equity€112,688within the sector's middle half-€213,541within the sector's middle half▲ 89.5%€399,282above the sector's middle half▲ 87.0%
Total assets€168,098within the sector's middle half-€252,063within the sector's middle half▲ 49.9%€495,261above the sector's middle half▲ 96.5%
Debt€55,410-€38,523▼ 30.5%€95,979▲ 149%
Working capital€112,688within the sector's middle half-€206,309above the sector's middle half▲ 83.1%€383,714above the sector's middle half▲ 86.0%
Solvency67.0%within the sector's middle half-84.7%above the sector's middle half▲ 17.7pp80.6%above the sector's middle half▼ 4.1pp
Current ratio3.03within the sector's middle half-6.36above the sector's middle half▲ 3.325.00above the sector's middle half▼ 1.36
Return on assets (ROA)64.1%above the sector's middle half-40.0%above the sector's middle half▼ 24.1pp37.5%above the sector's middle half▼ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 104% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €495,261
Fixed assets
€15,568 ▲ 115%
Current assets
€479,692 ▲ 95.9%
Equity and liabilities €495,261
Equity
€399,282 ▲ 87.0%
Debt
€95,979 ▲ 149%
Debt's share of the balance-sheet total rises from 15.3% to 19.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€260,492▲
2024 · €126,920
Cash flow
€187,412▲
2024 · €100,990
Debt to equity
0.24▲
2024 · 0.18
ROE
46.5%▼
2024 · 47.2%
Interest coverage
1702.56▲
2024 · 599.24
Debt ≤ 1 year
€95,979▲
2024 · €38,523
Income taxes
€82,774▲
2024 · €29,697
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,128 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,128 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €14 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €137 | €1,671 | ▲ 1,117% |
| Other operating charges640/8 | €50 | - | - | - |
| Gross operating margin9900 | €146,536 | €126,920 | €260,492 | ▲ 105% |
| Operating profit (loss)9901 | €146,472 | €126,783 | €258,822 | ▲ 104% |
| Financial income75/76B | €2 | €3,979 | €9,846 | ▲ 147% |
| Recurring financial income75 | €2 | €3,979 | €9,846 | ▲ 147% |
| Financial charges65/66B | €37 | €212 | €153 | ▼ 27.8% |
| Recurring financial charges65 | €37 | €212 | €153 | ▼ 27.8% |
| Profit (loss) for the period before taxes9903 | €146,437 | €130,550 | €268,515 | ▲ 106% |
| Income taxes67/77 | €38,749 | €29,697 | €82,774 | ▲ 179% |
| Profit (loss) for the period9904 | €107,688 | €100,853 | €185,741 | ▲ 84.2% |
| Profit (loss) for the period to be appropriated9905 | €107,688 | €100,853 | €185,741 | ▲ 84.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €168,098 | €252,063 | €495,261 | ▲ 96.5% |
| Fixed assets21/28 | - | €7,232 | €15,568 | ▲ 115% |
| Tangible fixed assets22/27 | - | €7,232 | €15,568 | ▲ 115% |
| Plant, machinery and equipment23 | - | - | €9,811 | - |
| Furniture and vehicles24 | - | €7,232 | €5,758 | ▼ 20.4% |
| Current assets29/58 | €168,098 | €244,832 | €479,692 | ▲ 95.9% |
| Amounts receivable within one year40/41 | - | €71,911 | €228,119 | ▲ 217% |
| Other amounts receivable41 | - | €71,911 | €228,119 | ▲ 217% |
| Current investments50/53 | - | - | €100,000 | - |
| Cash at bank and in hand54/58 | €168,098 | €172,921 | €151,573 | ▼ 12.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €168,098 | €252,063 | €495,261 | ▲ 96.5% |
| Equity10/15 | €112,688 | €213,541 | €399,282 | ▲ 87.0% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €53,844 | €53,844 | €239,585 | ▲ 345% |
| Distributable reserves133 | €53,844 | €53,844 | €239,585 | ▲ 345% |
| Profit (loss) carried forward14 | €53,844 | €154,697 | €154,697 | = |
| Amounts payable17/49 | €55,410 | €38,523 | €95,979 | ▲ 149% |
| Amounts payable within one year42/48 | €55,410 | €38,523 | €95,979 | ▲ 149% |
| Trade debts44 | €4,683 | €1,150 | €495 | ▼ 57.0% |
| Suppliers440/4 | €4,683 | €1,150 | €495 | ▼ 57.0% |
| Taxes, remuneration and social security45 | €49,700 | €37,372 | €95,484 | ▲ 155% |
| Taxes450/3 | €49,700 | €37,372 | €95,484 | ▲ 155% |
| Other amounts payable47/48 | €1,028 | €0 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €107,688 | €100,853 | €185,741 | ▲ 84.2% |
| + Depreciation and write-downs630 | - | €137 | €1,671 | ▲ 1,117% |
| Operating cash flow (approximation) | €107,688 | €100,990 | €187,412 | ▲ 85.6% |
| Investment in fixed assets (approximation) | - | - | -€10,008 | - |
| Change in cash | - | €4,822 | -€21,347 | ▼ 543% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
30-06
Financial
Highest result since 2023net €185,741 ▲84.2%
Operating result €258,822, net result €185,741, both a record.
14-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
30-06
Financial
Weakest financial yearnet €100,853 ▼6.3%
Net result drops to €100,853, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 6.36
Current ratio from 3.03 to 6.36; short-term debt falls from €55,410 to €38,523.
30-06
Financial
Equity above €200,000Eq €213,541 ▲89.5%
2 profitable years in a row build equity to €213,541.
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Beauvechain · 1 establishment unit since 2023
Ground area
390 m²
Building footprint
82 m²
Volume, LiDAR
578 m³
Parcel 25053A0109/00K000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B-Development
since 20232.343.153.675
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25053A0109/00K000 | Wallonia | 390 m² | 1 · 82 m² | 8.7 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
98450081BB810861CA42
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CVR ENTREPRISES
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 36,410 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
Founded20-12-2022
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0795092667
Also
9925:BE0795092667
Registered
02-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.