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B-Development

Active
Rue de Schoor, L'Ecluse 8 ·1320 Beauvechain, Belgium
BE 0795.092.667
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Turnover
EBIT margin
Net result€186k+84.2%
Working capital€384k+86.0%
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Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 05-02-2026 with the NBB · fiscal year 2025 · micro
€0€100k€200k€300kOperating result 2023: €146k€146kNet result 2023: €108k€108kOperating result 2024: €127k€127kNet result 2024: €101k€101kOperating result 2025: €259k€259kNet result 2025: €186k€186k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.
growing Equity: growth of ~67.1%/year over 3 fiscal years — indicative, assuming unchanged policy.
€0€200k€400k€600k€800k2026: €543k (€511k – €575k)2027: €686k (€654k – €718k)2028: €829k (€797k – €861k)2023: €113k2024: €214k2025: €399k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 70 — Head offices & management consulting · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 80.6% 59.7%
better than 78% of 998 sector peers
Net result €186k €32k
better than 95% of 997 sector peers
Equity €399k €61k
better than 95% of 998 sector peers
Gross operating margin €260k €52k
better than 95% of 993 sector peers
Total assets €495k €127k
better than 90% of 998 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€260k
+105.2% 23–25
Net profit
€186k
+84.2% 23–25
Cash flow
€187k
+85.6% 23–25
Total assets
€495k
+96.5% 23–25
Equity
€399k
+87.0% 23–25
Working capital
€384k
+86.0% 23–25
Staff costs
€14
23–25
Income taxes
€83k
+178.7% 23–25
Debt
€96k
+149.1% 23–25
Debt ≤ 1y
€96k
+149.1% 23–25
Current ratio
5.00
-21.4% 23–25
Quick ratio
5.00
-21.4% 23–25
Solvency
80.6%
-4.8% 23–25
Debt / equity
0.24
+33.2% 23–25
ROE
46.5%
-1.5% 23–25
ROA
37.5%
-6.3% 23–25
Interest coverage
1702.56
+184.1% 23–25
Figures by fiscal year
Fiscal year2025
Revenue
EBITDA€260k
Net profit€186k
Cash flow€187k
Staff costs
Income taxes€83k
Dividends
Total assets€495k
Equity€399k
Debt€96k
of which ≤ 1y€96k
of which > 1y
Working capital€384k
Employees (FTE)
Ratios (computed)
2025
Current ratio5.00
Quick ratio5.00
Working capital ratio77.5%
Solvency80.6%
Debt / equity0.24
Long-term debt ratio
Interest coverage1702.56
Gross margin
Net margin
ROA37.5%
ROE46.5%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet — Assets
TOTAL ASSETS 20/58€495k
Fixed assets 21/28€16k
Tangible fixed assets 22/27€16k
Current assets 29/58€480k
Amounts receivable within one year 40/41€228k
Investments 50/53€100k
Cash & bank 54/58€152k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€495k
Equity 10/15€399k
Contributions / capital 10/11€5k
Reserves 13€240k
Accumulated profits (losses) 14€155k
Amounts payable 17/49€96k
Amounts payable within one year 42/48€96k
Trade debts payable within one year 44€495
Income statement
Gross operating margin 9900€260k
Operating result 9901€259k
Financial income 75€10k
Financial charges 65€153
Result before taxes 9903€269k
Income taxes 67/77€83k
Net result for the period 9904€186k
Result to be appropriated 9905€186k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.