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BFT Development

Active Risk: moderate
Public limited companyfounded 2025active for 1 yearVredestraat 53, 8790 Waregem, Belgium141 active companies are registered at this addressKBO/BCE: BE 1025.609.506
Summary

The computed 12-month bankruptcy probability of BFT Development is 2.6% (moderate). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.

Overview

Activity
Activity not known1 site
Size
No accounts filed yet
Financial health
Bankruptcy probabilitywithin 12 months
2.6%
No score: no figures
Structure
Parent
ION HOLDING · 100%
Auditor: Ernst et Young Reviseurs d'Entreprises
Signalsraises riskFounded in 2025No main activity registeredlowers riskLegal form: public limited companyShow the evidence

Bankruptcy probability

Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 08-2026: 2.1%lowest value 09-2026: 2.2%▲ +0.1 percentage points vs 08-2026 10-2026: 2.6%▲ +0.4 percentage points vs 09-2026highest value
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Signals

Three signals.
lowers riskraises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · No main activity registered
KBO
lowers risk · Legal form: public limited company
KBO
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. IncorporationAppointments: VANFLETEREN Kristof, DEMUYNCK Davy…

Financials

No annual accounts filed
No annual accounts of this company are filed with the National Bank yet. A public limited company files its first accounts within seven months of the end of its first financial year, which can run up to 24 months. Incorporated on 16-07-2025: that term may still be running.

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, no change since 2025
This board is reconstructed from a single act (25346089). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 3

DEMUYNCK Davy
Director · since 18-07-2025
Current
THIERS Paul
Director · since 18-07-2025
Current
VANFLETEREN Kristof
Director · since 18-07-2025
Current

Statutory auditor 1

Ernst et Young Reviseurs d'Entreprises
Statutory auditor · since 18-07-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

4 people since 2025, 4 in office
Show
  • Board
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
DEMUYNCK Davy
  • Director, from 18-07-2025 to date
THIERS Paul
  • Director, from 18-07-2025 to date
VANFLETEREN Kristof
  • Director, from 18-07-2025 to date
Ernst et Young Reviseurs d'Entreprises
  • Statutory auditor, from 18-07-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. ION HOLDING 100%
  2. BFT Development

Highest known parent: ION HOLDING. The sources do not say who stands above it.

Owners 1

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 18-07-2025 ↗
  • ION HOLDING (BE 0840.549.639) sole founder · 100% at incorporation

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 18-07-2025 Incorporation · €100,000

Group and network

Part of the group ION HOLDING 48 companies Group, risk and exposure

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Acts, filings and financial milestones

2025
18-07
Gazette deed Incorporation
Appointments: VANFLETEREN Kristof, DEMUYNCK Davy and 2 others · Permanent representative: VAN GASSE Wim · Founder8 facts ▸
  • Incorporation, 16-07-2025
  • Founder, ION HOLDING
  • Founding capital, €100,000
  • Director appointment, VANFLETEREN Kristof (director)
  • Director appointment, DEMUYNCK Davy (director)
  • Director appointment, THIERS Paul (director)
  • Auditor appointment, ERNST EN YOUNG BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, VAN GASSE Wim
Gazette deed
1 of 1 deed read

Register details

Identification
Legal formPublic limited company
Founded16-07-2025
E-invoicing
Reachable via Peppol
Peppol ID 0208:1025609506
Also 9925:BE1025609506

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
581 m²
Building volume
520 m³
Parcel 34452B1150/00A000, Flanders · tallest building 5.1 m. Linked by address, not a title deed.
141 companies at this address See who is registered here
1 establishment unit
BFT Development NV
Vredestraat 53, 8790 WaregemActivities of holding companies
since 2025unit no. 2.377.039.240
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34452B1150/00A000 Flanders 1.1 ha 1 · 581 m² 5.1 m
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BFT Development
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 8790 Waregem,Vredestraat 53” (deed in Dutch)

deed of 18-07-2025

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“3, te allen tijde zonder opgave van redenen met onmiddellijke ingang door algemene vergadering” (deed in Dutch)

deed of 18-07-2025

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 18-07-2025

Meetings and financial year

Financial yearThe twelve-month period the company draws up its annual accounts for.
From 1 January to 31 December
Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Tuesday of June at 09:00

deed of 18-07-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bijeenroeping raad van bestuur, telkens het belang van de vennootschap dit vereist” (deed in Dutch)
Other provision: “Aan collega voor bepaalde raad,schriftelijk of met materieel spoor,lastgever geacht aanwezig, besluitvorming raad van bestuur” (deed in Dutch)
Other provision: “Alle handelingen nodig of dienstig voor verwezenlijking voorwerp, bevoegdheden raad van bestuur” (deed in Dutch)
Other provision: “Dagelijks bestuur, alleen,gezamenlijk of als college zoals raad bepaalt” (deed in Dutch)
Other provision: “Toelating algemene vergadering en stemrecht, ieder aandeel één stem onder voorbehoud wettelijke en statutaire bepalingen aandelen zonder…” (deed in Dutch)
1 more provision in the deed, see the deed of 18-07-2025

deed of 18-07-2025