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D.P. DEVELOPMENT

Open bankruptcy
Public limited companyfounded 2000Meirbrug 1, 2000 Antwerpen, BelgiumKBO/BCE: BE 0471.674.475

A bankruptcy procedure is open for D.P. DEVELOPMENT according to publications in the Belgian State Gazette; curator: GREGORY WILKIN.

Summary

The 2021 annual accounts show equity of €131,834 and a net result of €5,424.

D.P. DEVELOPMENTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
22 December 2022
Supervising judge
Patrick Dua
Official Gazette
28-12-2022 (pdf) ↗search the document for 2022/149087

Curator

  • Gregory WilkinAmerikalei 187/101, 2000 Antwerpen 1gregory@vermeiren-law.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 22-07-2022, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
9 d early
2020
26 d late
2019
46 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 21 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

D.P. DEVELOPMENT was incorporated on 12 April 2000.1 Total assets fell from EUR 963,078 in 2018 to EUR 842,631 in 2021.2 On 22 December 2022 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 28-12-2022

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€131,834▲ 4.3%
2020 · €126,409
Total assets
€842,631▼ 5.4%
2020 · €891,194
Net result
€5,424
2020 · -€21,857
Working capital
€413,026▲ 3.4%
2020 · €399,308
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result€421,146-€19,483▼ 95.4%-€38,662-€8,063▲ 79.1%
Net result€336,242-€7,359▼ 97.8%-€21,857€5,424
Equity€140,907-€148,266▲ 5.2%€126,409▼ 14.7%€131,834▲ 4.3%
Total assets€963,078-€918,562▼ 4.6%€891,194▼ 3.0%€842,631▼ 5.4%
Debt€822,171-€770,296▼ 6.3%€764,785▼ 0.7%€710,797▼ 7.1%
Working capital€487,430-€412,711▼ 15.3%€399,308▼ 3.2%€413,026▲ 3.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2019 Net result -98% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2018: €421,146€421,146Net result 2018: €336,242€336,242Operating result 2019: €19,483€19,483Net result 2019: €7,359€7,359Operating result 2020: -€38,662-€38,662Net result 2020: -€21,857-€21,857Operating result 2021: -€8,063-€8,063Net result 2021: €5,424€5,4242018201920202021-€40,000-€20,000€0€20,000Operating result 2019: €19,483€19,500Net result 2019: €7,359€7,360Operating result 2020: -€38,662-€38,700Net result 2020: -€21,857-€21,900Operating result 2021: -€8,063-€8,060Net result 2021: €5,424€5,420201920202021
The operating result stays negative: a loss of €8,063 in 2021 against €38,662 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €842,631
Fixed assets €112,000 =
Current assets €730,631 ▼ 6.2%
Equity and liabilities €842,631
Equity €131,834 ▲ 4.3%
Debt €710,797 ▼ 7.1%
Debt's share of the balance-sheet total falls from 85.8% to 84.4%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
Current ratio
2.30▲
2020 · 2.05
Quick ratio
1.91▲
2020 · 1.72
Debt to equity
5.39▲
2020 · 2.62
ROE
4.1%▲
2020 · -17.3%
ROA
0.6%▲
2020 · -2.5%
Debt ≤ 1 year
€317,605▼
2020 · €379,886
Debt > 1 year
€331,778=
2020 · €331,778
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 46 lines
Balance sheet Code20202021
Assets
Total assets20/58€891,194€842,631▼
Fixed assets21/28€112,000€112,000=
Financial fixed assets28€112,000€112,000=
Current assets29/58€779,194€730,631▼
Amounts receivable after more than one year29-€382,460
Trade receivables290-€382,460
Stocks and contracts in progress3€125,169€125,169=
Stocks30/36-€125,169
Amounts receivable within one year40/41€243,631€200,960▼
Other amounts receivable41-€200,960
Cash at bank and in hand54/58-€116
Deferred charges and accrued income490/1-€21,926
Equity and liabilities
Total equity and liabilities10/49€891,194€842,631▼
Equity10/15€126,409€131,834▲
Contributions10/11€61,973€61,973=
Capital10-€61,973
Issued capital100-€61,973
Reserves13€152,694€152,694=
Non-distributable reserves130/1-€6,200
Legal reserve130-€6,200
Distributable reserves133-€146,494
Profit (loss) carried forward14-€88,258-€82,834▲
Amounts payable17/49€764,785€710,797▼
Amounts payable after more than one year17€331,778€331,778=
Financial debts170/4-€331,778
Amounts payable within one year42/48€379,886€317,605▼
Financial debts43-€86,390
Credit institutions430/8-€86,390
Trade debts44€254,408€192,150▼
Suppliers440/4-€192,150
Taxes, remuneration and social security45-€39,065
Taxes450/3-€39,065
Accrued charges and deferred income492/3-€61,414
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159-
Other operating charges640/8-€2,036
Gross operating margin9900-€36,741-€6,027▲
Operating profit (loss)9901-€38,662-€8,063▲
Financial income75/76B-€21,926
Recurring financial income75€27,934€21,926▼
Financial charges65/66B-€8,438
Recurring financial charges65€8,479€8,438▼
Profit (loss) for the period before taxes9903-€21,857€5,424▲
Profit (loss) for the period9904-€21,857€5,424▲
Profit (loss) for the period to be appropriated9905-€21,857€5,424▲
Appropriation of the result
Profit (loss) to be appropriated9906--€82,834
Profit (loss) brought forward from the previous period14P--€88,258

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€400€400€159--
Other operating charges640/8---€2,036-
Gross operating margin9900€422,510€21,036-€36,741-€6,027▲ 83.6%
Operating profit (loss)9901€421,146€19,483-€38,662-€8,063▲ 79.1%
Financial income75/76B---€21,926-
Recurring financial income75-€13,148€27,934€21,926▼ 21.5%
Financial charges65/66B---€8,438-
Recurring financial charges65€84,904€16,432€8,479€8,438▼ 0.5%
Profit (loss) for the period before taxes9903€336,242€7,359-€21,857€5,424▲ 125%
Profit (loss) for the period9904€336,242€7,359-€21,857€5,424▲ 125%
Profit (loss) for the period to be appropriated9905€336,242€7,359-€21,857€5,424▲ 125%
Line2018201920202021Change
Assets
Total assets20/58€963,078€918,562€891,194€842,631▼ 5.4%
Fixed assets21/28€112,559€112,159€112,000€112,000=
Tangible fixed assets22/27€559€159---
Financial fixed assets28€112,000€112,000€112,000€112,000=
Current assets29/58€850,519€806,403€779,194€730,631▼ 6.2%
Amounts receivable after more than one year29---€382,460-
Trade receivables290---€382,460-
Stocks and contracts in progress3€293,545€173,545€125,169€125,169=
Stocks30/36---€125,169-
Amounts receivable within one year40/41€556,975€619,675€243,631€200,960▼ 17.5%
Other amounts receivable41---€200,960-
Cash at bank and in hand54/58-€36-€116-
Deferred charges and accrued income490/1---€21,926-
Equity and liabilities
Total equity and liabilities10/49€963,078€918,562€891,194€842,631▼ 5.4%
Equity10/15€140,907€148,266€126,409€131,834▲ 4.3%
Contributions10/11€61,973€61,973€61,973€61,973=
Capital10---€61,973-
Issued capital100---€61,973-
Reserves13€152,694€152,694€152,694€152,694=
Non-distributable reserves130/1---€6,200-
Legal reserve130---€6,200-
Distributable reserves133---€146,494-
Profit (loss) carried forward14-€73,760-€66,401-€88,258-€82,834▲ 6.1%
Amounts payable17/49€822,171€770,296€764,785€710,797▼ 7.1%
Amounts payable after more than one year17€422,550€331,778€331,778€331,778=
Financial debts170/4---€331,778-
Amounts payable within one year42/48€363,090€393,692€379,886€317,605▼ 16.4%
Financial debts43---€86,390-
Credit institutions430/8---€86,390-
Trade debts44€206,739€267,273€254,408€192,150▼ 24.5%
Suppliers440/4---€192,150-
Taxes, remuneration and social security45---€39,065-
Taxes450/3---€39,065-
Accrued charges and deferred income492/3---€61,414-
Line2018201920202021Change
Profit (loss) for the period9904€336,242€7,359-€21,857€5,424▲ 125%
+ Depreciation and write-downs630€400€400€159--
Operating cash flow (approximation)€336,642€7,759-€21,698€5,424▲ 125%
Investment in fixed assets (approximation)-€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2022
28-12
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 22-12-2022
22-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €5,424
Net result €5,424 after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Weakest financial yearnet -€21,857
Net result drops to -€21,857, the lowest in the series.
15-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
14-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
2016
26-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
05-12
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 127 days late
2013
04-11
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 96 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 acts for this company are 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, Antwerpen · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
614 m²
Building footprint
334 m²
Volume, LiDAR
10,970 m³
Parcel 11803C2249/00C000, Flanders · tallest building 39.5 m, ±11 floors. Linked by address, not a title deed.
57 companies at this address See who is registered here
1 establishment unit
Meirbrug 1, 2000 Antwerpen
NACE 70201
since 20002.242.382.157
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11803C2249/00C000 Flanders 614 m² 1 · 334 m² 39.5 m · 11 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator GREGORY WILKIN
AMERIKALEI 187/101, 2000 ANTWERPEN 1
22-12-2022 → present

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. 5,343 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded12-04-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

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