CK DEVELOPMENT
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
CK DEVELOPMENT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,460 and a net result of -€3,085. Equity has been stable since 2019 (±0.9% per year). Its solvency ranks better than 12% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 10-02-2017 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Establishment unit
- 2.261.952.896 1160 Oudergem, since 10-02-2017
- Financial year end
- 30 September
- Peppol
- Reachable since 29-06-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €3,609
- ▼ 87.0%
- Turnover
- ≈ €17,000
- estimated
- Loss
- €3,085
- Equity
- €20,460
- ▼ 95.2%
- Total assets
- €426,401
- ▼ 1.9%
Score breakdownraises riskEquity €20,460 (4.8% of total assets)lowers riskSize: total assets €426,401Sector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed on 28-04-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 13% of them on solvency, 8% on liquidity, 16% on profitability and 5% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-04-2026 PDF all 8 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €10,066, after a profit of €14,033 in 2024. It is the lowest result since 2021.
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 Activities of head offices; management consultancy activities (NACE 70). 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).
Comparable companies
These companies have the same main activity as CK DEVELOPMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €309,000 and €526,000, founded between 2015 and 2017.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| CK DEVELOPMENT Oudergem | 2017 | €426,401 | €20,460 | €3,609 | - | -€3,085 | 2025 |
| Eric Orban Oudergem | 2016 | €360,843 | €209,253 | €4,195 | - | -€10,406 | 2025 |
| Coder Management Wavre | 2016 | €475,869 | -€12,878 | €3,017 | - | -€15,288 | 2025 |
| DANNINVEST Schaarbeek | 2016 | €525,658 | €22,807 | €2,902 | €4,500 | €593 | 2025 |
| MEL & RAPH Ukkel | 2015 | €368,734 | €12,656 | €5,303 | - | -€6,219 | 2025 |
| AGL Services Marchin | 2017 | €392,625 | €216,610 | €4,510 | - | -€36,375 | 2025 |
| SYFA CONSULTING Hechtel-Eksel | 2016 | €309,174 | €227,190 | €3,382 | - | -€35,382 | 2025 |
They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 849 companies had the same profile as CK DEVELOPMENT has now. Two years later, 4.7% had gone bankrupt and 91.9% were still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a small loss
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CK DEVELOPMENT itself is lower: 0.1% within 12 months. It rests on far more data about CK DEVELOPMENT than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 849 companies, not a prediction for CK DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,794 | €19,949 | €21,074 | €21,683 | €10,021 | €12,548 | €12,884 | ▲ 2.7% |
| Other operating charges640/8 | - | - | €832 | €705 | €9,616 | €1,241 | €791 | ▼ 36.3% |
| Gross operating margin9900 | €146,818 | €222,354 | €253,877 | €56,740 | €70,595 | €27,822 | €3,609 | ▼ 87.0% |
| Operating profit (loss)9901 | €126,944 | €200,193 | €231,971 | €34,352 | €50,958 | €14,033 | -€10,066 | - |
| Financial income75/76B | - | - | €3,750 | €160 | €24,120 | €8,550 | €8,550 | = |
| Recurring financial income75 | €1 | €9,407 | €3,750 | €160 | €24,120 | €8,550 | €8,550 | = |
| Financial charges65/66B | - | - | €129 | €1,122 | €3,172 | €1,807 | €2,062 | ▲ 14.1% |
| Recurring financial charges65 | €572 | €555 | €129 | €1,122 | €3,172 | €1,807 | €2,062 | ▲ 14.1% |
| Profit (loss) for the period before taxes9903 | €126,373 | €209,045 | €235,592 | €33,390 | €71,906 | €20,776 | -€3,579 | - |
| Income taxes67/77 | €16,539 | €42,291 | €44,122 | €2,861 | €41,305 | €4,759 | -€493 | - |
| Profit (loss) for the period9904 | €109,834 | €166,754 | €191,470 | €30,529 | €30,601 | €16,017 | -€3,085 | - |
| Profit (loss) for the period to be appropriated9905 | €109,834 | €166,754 | €191,470 | €30,529 | €30,601 | €16,017 | -€3,085 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €245,416 | €425,426 | €450,296 | €453,700 | €434,418 | €434,614 | €426,401 | ▼ 1.9% |
| Fixed assets21/28 | €79,635 | €93,929 | €81,054 | €59,741 | €38,476 | €57,372 | €45,365 | ▼ 20.9% |
| Tangible fixed assets22/27 | €76,635 | €90,929 | €78,054 | €56,741 | €35,476 | €54,372 | €42,365 | ▼ 22.1% |
| Furniture and vehicles24 | - | - | €30,644 | €15,818 | €1,040 | €22,254 | €17,154 | ▼ 22.9% |
| Other tangible fixed assets26 | - | - | €47,410 | €40,923 | €34,436 | €32,118 | €25,211 | ▼ 21.5% |
| Financial fixed assets28 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Current assets29/58 | €165,781 | €331,497 | €369,242 | €393,959 | €395,942 | €377,242 | €381,036 | ▲ 1.0% |
| Amounts receivable after more than one year29 | - | - | €250,000 | €261,050 | €250,000 | €285,000 | €285,000 | = |
| Trade receivables290 | - | - | - | €11,050 | - | - | - | - |
| Other amounts receivable291 | - | - | €250,000 | €250,000 | €250,000 | €285,000 | €285,000 | = |
| Amounts receivable within one year40/41 | €23,714 | €5,352 | €48,115 | €39,009 | €32,898 | €12,121 | €30,810 | ▲ 154% |
| Trade receivables40 | - | - | €21,000 | €25,410 | €26,821 | €12,016 | €18,150 | ▲ 51.0% |
| Other amounts receivable41 | - | - | €27,115 | €13,599 | €6,077 | €105 | €12,660 | ▲ 121× |
| Cash at bank and in hand54/58 | €142,067 | €76,145 | €71,127 | €93,900 | €113,044 | €80,121 | €65,226 | ▼ 18.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €245,416 | €425,426 | €450,296 | €453,700 | €434,418 | €434,614 | €426,401 | ▼ 1.9% |
| Equity10/15 | €150,851 | €275,105 | €421,575 | €422,104 | €422,705 | €429,922 | €20,460 | ▼ 95.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €12,400 | €18,600 | ▲ 50.0% |
| Capital10 | - | - | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | - | - | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €142,791 | €267,045 | €413,515 | €414,044 | €414,645 | €415,662 | - | - |
| Amounts payable17/49 | €94,565 | €150,321 | €28,721 | €31,596 | €11,713 | €4,692 | €405,941 | ▲ 87× |
| Amounts payable within one year42/48 | €94,565 | €150,321 | €28,721 | €31,596 | €11,713 | €4,692 | €405,941 | ▲ 87× |
| Trade debts44 | - | - | €1,099 | €31,596 | - | - | - | - |
| Suppliers440/4 | - | - | €1,099 | €31,596 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €25,355 | - | €10,000 | €1,722 | €61,886 | ▲ 36× |
| Taxes450/3 | - | - | €25,355 | - | €10,000 | €1,722 | €61,886 | ▲ 36× |
| Other amounts payable47/48 | - | - | €2,267 | - | €1,713 | €2,970 | €344,054 | ▲ 116× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €109,834 | €166,754 | €191,470 | €30,529 | €30,601 | €16,017 | -€3,085 | - |
| + Depreciation and write-downs630 | €14,794 | €19,949 | €21,074 | €21,683 | €10,021 | €12,548 | €12,884 | ▲ 2.7% |
| Operating cash flow (approximation) | €124,628 | €186,703 | €212,544 | €52,212 | €40,622 | €28,565 | €9,799 | ▼ 65.7% |
| Investment in fixed assets (approximation) | - | -€34,243 | -€8,199 | -€370 | €11,244 | -€31,444 | -€877 | ▲ 97.2% |
| Change in cash | - | -€65,922 | -€5,018 | €22,773 | €19,144 | -€32,923 | -€14,895 | ▲ 54.8% |
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 (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 28-04-2026 | 2026-00090629 | |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00081724 | |
| 30-09-2023 | micro format | 09-05-2024 | 2024-00085723 | |
| 30-09-2022 | micro format | 28-05-2023 | 2023-00098928 | |
| 30-09-2021 | micro format | 31-05-2022 | 2022-20044389 | |
| 30-09-2020 | micro format | 29-04-2021 | 2021-12600478 | |
| 30-09-2019 | micro format | 29-05-2020 | 2020-14400484 | |
| 30-09-2018 | micro format | 21-05-2019 | 2019-13800515 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 27-06-2023 Converted to available equity · €6,200
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation, un ou plusieurs”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Nominatives, propriété emporte adhésion aux statuts”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “À un actionnaire,au conjoint du cédant ou testateur et à ses descendants ou ascendants en ligne directe, dans le mois par lettre recommandée”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Apport en numéraire avec émission de nouvelles actions, droit de souscription préférentielle revient au débiteur-gagiste”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Administrateurs en fonction, assemblée désigne autre personne liquidateur”
Articles of association, deed of 27-06-2023 (in French)
Network & group
CK DEVELOPMENT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of CK DEVELOPMENT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-06
Gazette deed
Registered office · Amendment of the articles · Legal-form change · Resignations & appointmentsRegistered-office move · Capital conversion · Capital8 points ▸
- General meeting, 06-06-2023
- Registered-office move, 1160 Auderghem,rue Alexis Willem 12
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “capitaux propres disponibles” (deed in French)
- Capital
- Other provision, “questions des actionnaires, aucune question posée à l’administrateur” (deed in French)
- Registered office clause, “1160 Auderghem, rue Alexis Willem 12” (deed in French)
- Other provision, “questions des actionnaires, administrateur” (deed in French)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202512 activities
- Le courtage,l’achat,la vente,le conseil en immobilier et projets immobiliers européens et internationaux
- La consultance et la coordination de projets architecturaux,l’architecture d’intérieur
- La recherche de nouveaux concepts,l’organisation et la promotion,la recherche et développement de projets existant et à venir
- La création d’une banque européenne et internationale de données sur tous supports (video,numérique,sound,etc…)et tous média actuels et futurs en relation avec l’objet précité ainsi que les nouvelles technologies,le développement durable
- L’activité de marchands de biens
- Les enquêtes,études de marché,relations publiques,secrétariat
- L’organisation de conférences et d’événements internationaux dans les domaines précités
- La recherche de clientèle,élaboration de programmes,mise au point de matériel promotionnel
- La logistique et le suivi dans les domaines précités
- La gestion des immeubles de la société et des droits réels y afférents
- La gestion d’immeubles pour compte de tiers savoir toute participation au marché immobilier par l'achat,l'échange,le lotissement,la promotion,la vente,la location,la prise en location et en sous-location,la cession en location et en sous-location,le tout avec ou sans option d'achat,la construction,la rénovation et la transformation,l'exploitation et l'entretien de maisons,appartements,bureaux,magasins,fonds de commerce,terrains,et de manière générale,de biens immobiliers de toute nature,accorder et obtenir des droits contenant superficie,accession,emphytéose,usufruit et nue-propriété,hypothèque,privilège et option ainsi que toutes opérations de financement pour son propre compte
- Toute prise de participation financière
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21332E0033/00W068 | Brussels | 542 m² | 1 · 135 m² | 7.1 m · 1 |
| 21332B0026/00M002 | Brussels | 208 m² | 1 · 208 m² | 18.5 m · 4 |