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Complete company report
Generated 09-08-2026
Active BE 0447.828.016Private limited company

BLUE DEVELOPPEMENT PROPERTY

Nerviërslaan 67 ·1040 Etterbeek, Belgium· 34 yrs active
Sector: Real estate activities (68121)
Conclusion Checked

The computed 12-month bankruptcy probability of BLUE DEVELOPPEMENT PROPERTY is 0.4% (very low). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.
Key figures
Active 34 yrs
Board 1
Locations 1
Publications 7
Bankruptcy probability (12 mo) Checked model v1 · free
0.4% Very low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate region +Lower-failure-rate sector −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1992, 34 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Financial overview10 NBB filings
Financials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2024 (volledig). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-12-2024 volledig 23-09-2025 2025-00499582
31-12-2023 volledig 04-10-2024 2024-00497729
31-12-2022 volledig 29-09-2023 2023-00461800
31-12-2021 volledig 17-10-2022 2022-20463757
31-12-2020 volledig 31-08-2021 2021-62700398
31-12-2019 volledig 19-11-2020 2020-71100201
31-12-2018 volledig 14-10-2019 2019-70200131
31-12-2017 volledig 09-11-2018 2018-71900531
31-12-2016 volledig 30-08-2017 2017-60100074
31-12-2015 volledig 31-08-2016 2016-57200379
Directors & mandates 4 directors
Current directors & mandates
  • HALBERTHAL Raphaël
    Director
    State Gazette act 20357149 (26-11-2020)
    Current
    26-11-2020 → present
    3 events
    • 26-11-2020 Mandate renewed· Director
    • 26-11-2020 Resigned· Manager
    • 08-08-2016 Appointed· Manager
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Albert SZYPER
    Director
    State Gazette act 10106925 (19-07-2010)
    Not recently confirmed
    last confirmed in an act from 2010
  • Georges KARTALIS
    Director
    State Gazette act 10106925 (19-07-2010)
    Not recently confirmed
    last confirmed in an act from 2010
Former directors (1)
  • Isidore Halberthal
    Director
    State Gazette act 20357149 (26-11-2020)
    Former
    19-07-2010 → 16-10-2024
    5 events
    • 16-10-2024 Resigned· Director
    • 26-11-2020 Mandate renewed· Director
    • 26-11-2020 Resigned· Manager
    • 24-01-2013 Appointed· Manager
    • 19-07-2010 Mandate renewed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Real estate activities(68121)
Legal form Private limited company(610)
Incorporation30-06-1992
StatusActive
Postal code1040
Establishment units 1 location
Nerviërslaan 67, 1040 Etterbeek
Verhuur van woningen, exclusief sociale woningen
since 19922.058.406.514
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21005A0403/00Y000 Brussels 1,975 m² 1 · 524 m² 37.6 m · 11 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 17 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
20-11-2025
State Gazette act Director changes
v3.2
23-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
04-10-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
29-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
17-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
26-11-2020
State Gazette act Director changes
v3.2
19-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
14-10-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
09-11-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
30-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
31-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
08-08-2016
State Gazette act Director changes
v3.2
2014
25-04-2014
State Gazette act Statutes amendment
v3.2
2013
24-01-2013
State Gazette act Director changes
v3.2
2012
19-06-2012
State Gazette act Capital & shares
v3.2
2010
19-07-2010
State Gazette act Director changes
v3.2
Belgisch Staatsblad, acts 7 acts
Capital history · 1
19-06-2012
v3.2
All acts · 7 updated 8 months ago
2025
20-11-2025 Isidore Halberthal resigns as director Director changes
  • Isidore Halberthal, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Isidore Halberthal",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2024-10-16",
      "evidence_quote": "Le conseil d\u0027administration a pris connaissance du d\u00E9c\u00E8s de Monsieur Isidore Halberthal, administrateur de la soci\u00E9t\u00E9, survenu le 16 octobre 2024."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0447.828.016",
    "name_full": "BLUE DEVELOPPEMENT PROPERTY",
    "legal_form": "SRL"
  }
}
2020
26-11-2020 2 resigning, 2 reappointed Director changes
  • HALBERTHAL Isidore, Zaakvoerder
  • HALBERTHAL Raphaël, Zaakvoerder
  • HALBERTHAL Isidore, Bestuurder
  • HALBERTHAL Raphaël, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "HALBERTHAL Isidore",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction des g\u00E9rants actuels, mentionn\u00E9s ci-apr\u00E8s, et proc\u00E8de imm\u00E9diatement au renouvellement de leur nomination comme administrateur non statutaire pour une dur\u00E9e illimit\u00E9e : - Monsieur HALBERTHAL Isidore, pr\u00E9nomm\u00E9, ici pr\u00E9sent et qui accepte.",
      "discharge_granted": true
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "HALBERTHAL Rapha\u00EBl",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction des g\u00E9rants actuels, mentionn\u00E9s ci-apr\u00E8s, et proc\u00E8de imm\u00E9diatement au renouvellement de leur nomination comme administrateur non statutaire pour une dur\u00E9e illimit\u00E9e : - Monsieur HALBERTHAL Rapha\u00EBl, pr\u00E9nomm\u00E9, ici pr\u00E9sent et qui accepte.",
      "discharge_granted": true
    },
    {
      "kind": "director_out",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "HALBERTHAL Isidore",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction des g\u00E9rants actuels, mentionn\u00E9s ci-apr\u00E8s, et proc\u00E8de imm\u00E9diatement au renouvellement de leur nomination comme administrateur non statutaire pour une dur\u00E9e illimit\u00E9e : - Monsieur HALBERTHAL Isidore, pr\u00E9nomm\u00E9, ici pr\u00E9sent et qui accepte. ... L\u2019as",
      "discharge_granted": true
    },
    {
      "kind": "director_out",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "HALBERTHAL Rapha\u00EBl",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de mettre fin \u00E0 la fonction des g\u00E9rants actuels, mentionn\u00E9s ci-apr\u00E8s, et proc\u00E8de imm\u00E9diatement au renouvellement de leur nomination comme administrateur non statutaire pour une dur\u00E9e illimit\u00E9e : - Monsieur HALBERTHAL Rapha\u00EBl, pr\u00E9nomm\u00E9, ici pr\u00E9sent et qui accepte. ... L\u2019as",
      "discharge_granted": true
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0447.828.016",
    "name_full": "BLUE DEVELOPPEMENT PROPERTY",
    "legal_form": "SPRL"
  }
}
2016
08-08-2016 Raphaël HALBERTHAL appointed as manager Director changes
  • Raphaël HALBERTHAL, Zaakvoerder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "Rapha\u00EBl HALBERTHAL",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "Il est d\u00E9cid\u00E9 de nommer Monsieur Rapha\u00EBl HALBERTHAL, domicili\u00E9 Wilgenlaan, 33 \u00E0 2610 Wilrijk, en tant que g\u00E9rant de la soci\u00E9t\u00E9."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0447.828.016",
    "name_full": "BLUE DEVELOPPEMENT PROPERTY",
    "legal_form": "SPRL"
  }
}
2014
25-04-2014 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
{
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "statute_change": {
    "name_change": false,
    "seat_change": false,
    "object_change": false,
    "effective_date": "2014-03-27",
    "legal_form_change": false
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0447.828.016",
    "name_full": "BLUE DEVELOPPEMENT PROPERTY",
    "legal_form": "SPRL"
  },
  "signature_regime": null,
  "special_mandates": [],
  "governance_change": {
    "admin_delegated_added": []
  }
}
2013
24-01-2013 HALBERTHAL Isidore appointed as manager Director changes
  • HALBERTHAL Isidore, Zaakvoerder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "zaakvoerder",
      "person": {
        "rrn": null,
        "name": "HALBERTHAL Isidore",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "Et imm\u00E9diatement apr\u00E8s, les comparants ont d\u00E9clar\u00E9 se r\u00E9unir en assembl\u00E9e g\u00E9n\u00E9rale extraordinaire et ont nomm\u00E9 \u00E0 l\u0027unanimit\u00E9 en qualit\u00E9 de g\u00E9rant, sans limitation de dur\u00E9e, Monsieur HALBERTHAL Isidore qui accepte par l\u0027interm\u00E9diaire de son repr\u00E9sentant."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0447.828.016",
    "name_full": "BLUE DEVELOPPEMENT PROPERTY",
    "legal_form": "SA"
  }
}
2012
19-06-2012 Capital decrease of €75,000 to €182,000 Capital & shares
  • €257.000 → €182.000
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "capital_decrease",
      "amount": 75000,
      "currency": "EUR",
      "after_eur": 182000,
      "delta_eur": -75000,
      "before_eur": 257000,
      "amount_type": "kapitaal_effectief",
      "effective_date": "2012-05-31",
      "evidence_quote": "la r\u00E9duction de capital \u00E0 concurrence de septante-cing mille euros (75.000 EUR) pour le ramener de deux cent cinquante-sept mille euros (257.000 EUR) \u00E0 cent quatre-vingt-deux mille euros (182.000 EUR) par voie de remboursement d\u0027une somme globale de septante-cing mille euros (75.000 EUR)",
      "contribution_type": "cash"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0447.828.016",
    "name_full": "BLUE DEVELOPPEMENT PROPERTY",
    "legal_form": "SA"
  }
}
2010
19-07-2010 3 reappointed Director changes
  • Isidore HALBERTHAL, Bestuurder
  • Georges KARTALIS, Bestuurder
  • Albert SZYPER, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Isidore HALBERTHAL",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide, \u00E0 l\u0027unanimit\u00E9, de r\u00E9\u00E9lire pour un terme de 6 ans les administrateurs suivants - Mr.Isidore HALBERTHAL, domicili\u00E9 avenue des Nerviens 67 \u00E0 1040 Bruxelles, administrateur-d\u00E9l\u00E9gu\u00E9,"
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Georges KARTALIS",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide, \u00E0 l\u0027unanimit\u00E9, de r\u00E9\u00E9lire pour un terme de 6 ans les administrateurs suivants - Mr. Georges KARTALIS, domicili\u00E9 clos des Sarts, rue Biernaux 11 \u00E0 1301 Bierges,"
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Albert SZYPER",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide, \u00E0 l\u0027unanimit\u00E9, de r\u00E9\u00E9lire pour un terme de 6 ans les administrateurs suivants -Mr. Albert SZYPER, domicili\u00E9 avenue Errera, 70 \u00E0 1180 Bruxelles."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0447.828.016",
    "name_full": "BLUE DEVELOPPEMENT PROPERTY",
    "legal_form": "SA"
  }
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Company registry (CBE) Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Projectontwikkeling voor woningbouw70111
Primary activity highlighted.
Names & trade names
Legal nameFR BLUE DEVELOPPEMENT PROPERTY
Registered office
Nerviërslaan 67 bus 20
1040 Etterbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative