Equity
€2,316
D-VELOP has made a profit without a break since 2022.
D-VELOP
Overview
Lifetime
5 annual accounts with figures on one time axispeak €32,340 (2025)
€32,340▲ 12.9%
lowest -€4,931 (2021)
€3,334▲ 154%
peak €2,316 (2025)
€2,316▲ €3,334
€257,790▼ 2.0%
Board1 name since 2020
1 directorVANDENBERGHE Désirée
Documentsfilings and deeds
31-05-202661 days before the deadline
2025micro format
Turnover from €28,635 to €32,340Result from €1,312 to €3,334Registered office moved from Ghent to Drongen 29-07Equity from -€1,018 to €2,316Cash from €3,751 to €15,276
Key points
from the 2025 annual accountsChecked score
68
Healthy
Financially stronger than 63% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.6%▼ -0.1 percentage points vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025lowest value
08-2025: 1.3%▲ +0.7 percentage points vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025
10-2025: 1.3%● unchanged vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.4%▲ +0.1 percentage points vs 03-2026
05-2026: 1.5%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 1.3%▼ -0.2 percentage points vs 05-2026
07-2026: 0.9%▼ -0.4 percentage points vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Equity €2,316 (0.9% of total assets)
lowers risk
Sector: Real estate activities (NACE 68)
Size: turnover €32,340, total assets €260,107
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 68, micro). It does better than 21% of them on solvency, 68% on liquidity, 77% on profitability and 84% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,251 companies had the same profile as D-VELOP has now. Each dot stands for 4 companies, two years later.
94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of D-VELOP itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,251 companies, not a prediction for D-VELOP. 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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 17185 sector peers (2025).
NBB · sector comparisonPosition among 17185 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-05-2026, 61 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
61 days early
2024
56 days early
2023
57 days early
2022
62 days early
2021
62 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 60 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0743449966
Registered office moved from Ghent to Drongen
New registered office: Antoon Catriestraat 129, 9031 Drongen · Previous registered office: Sint-Denijslaan 3 bus 302, 9000 Gent · Board meeting of 10-04-2025 · Gazette deed
First establishment
Antoon Catriestraat 129, Ghent
Incorporation
Founding capital of €1,000, 100 shares · Founder: VANDENBERGHE Désirée · Appointment: VANDENBERGHE Désirée (statutory director) · published on 12-02-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| D-VELOP Ghent | €260,107 | €27,339 | 0.9% | - |
| TIMBRA INVEST Zulte | €276,702 | €20,792 | 0.2% | - |
| Quinor Construct Berlaar | €264,086 | €20,764 | 64.7% | - |
| Red Cat Immo Saint-Vith | €232,841 | €24,989 | 31.5% | 0 |
| SMG IMMOBILIER Durbuy | €241,549 | €21,988 | 16.0% | - |
| ACVS Schoten | €313,361 | €31,728 | 9.6% | - |
| NS IMMOBILIERE Brussels | €263,488 | €38,866 | 67.2% | - |
These companies have the same main activity as D-VELOP: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €233,000 and €313,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 10-02-2020Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 1 other
- Establishment unit
- 2.305.297.8429031 Ghent, since 01-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- €32,340▲ 12.9%
- €3,334▲ 154%
- €2,316
- €260,107▼ 0.7%
- Filing
- Filed on 31-05-2026, 61 days before the end of the filing period
Insights on D-VELOP
D-VELOP has existed since 2020. Turnover grew from €5,720 in 2021 to €32,340 in 2025.
Turnover has grown every year since 2021.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-05-2026, 61 days before the deadline€32,340
▲ 12.9%
€5,259
▲ 58.2%
€25,068
▲ 8.2%
€23,144
▲ 9.4%
0.9%
▲ 1.3 percentage points
1.49
▼ 0.50
Money flows
of every €100 of turnover, €10.31 remains as profit in 2025Balance sheet
balance sheet total €260,107 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
0.9%
Higher than 21% of 17,185 companies in 2025.
1.49
Higher than 59% of 16,482 companies in 2025.
1.3%
Higher than 48% of 16,861 companies in 2025.
D-VELOP
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
260,107 | 261,945 | 279,986 | 287,180 | 293,506 | |
21/28 |
244,831 | 258,140 | 277,981 | 281,880 | 292,820 | |
22/27 |
244,831 | 258,140 | 277,981 | 281,880 | 292,820 | |
22 |
240,931 | 258,140 | 277,981 | 281,880 | 292,820 | |
24 |
3,900 | - | - | - | - | |
29/58 |
15,276 | 3,805 | 2,005 | 5,300 | 686 | |
40/41 |
- | 54 | 54 | 102 | 78 | |
40 |
- | - | - | 23 | - | |
41 |
- | 54 | 54 | 78 | 78 | |
54/58 |
15,276 | 3,751 | 1,951 | 5,198 | 608 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
260,107 | 261,945 | 279,986 | 287,180 | 293,506 | |
10/15 |
2,316 | -1,018 | -2,329 | -2,830 | -3,931 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
11 |
- | - | - | 1,000 | 1,000 | |
1100/10 |
- | - | - | 1,000 | 1,000 | |
13 |
1,316 | - | - | - | - | |
133 |
1,316 | - | - | - | - | |
14 |
- | -2,018 | -3,329 | -3,830 | -4,931 | |
17/49 |
257,790 | 262,963 | 282,315 | 290,010 | 297,437 | |
17 |
247,550 | 261,050 | 281,750 | 287,800 | 296,800 | |
170/4 |
132,000 | 141,000 | 150,000 | 156,000 | 165,000 | |
178/9 |
115,550 | 120,050 | 131,750 | 131,800 | 131,800 | |
42/48 |
10,240 | 1,913 | 565 | 2,210 | 637 | |
44 |
6,941 | - | - | 2,098 | 525 | |
440/4 |
6,941 | - | - | 2,098 | 525 | |
45 |
633 | 566 | 539 | - | - | |
450/3 |
633 | 566 | 539 | - | - | |
47/48 |
2,667 | 1,347 | 27 | 112 | 112 | |
| Income statement | ||||||
70 |
32,340 | 28,635 | 23,859 | 17,645 | 5,720 | |
9900 |
27,339 | 24,594 | 14,730 | 15,382 | 377 | |
60/61 |
5,001 | 4,041 | 9,129 | 2,263 | 5,643 | |
630 |
19,809 | 19,841 | 10,940 | 10,940 | - | |
640/8 |
2,271 | 1,428 | 1,139 | 1,080 | 958 | |
9901 |
5,259 | 3,324 | 2,651 | 3,362 | -581 | |
65/66B |
1,925 | 2,013 | 2,151 | 2,261 | 4,351 | |
65 |
1,925 | 2,013 | 2,151 | 2,261 | 4,351 | |
9903 |
3,334 | 1,312 | 500 | 1,101 | -4,931 | |
9904 |
3,334 | 1,312 | 500 | 1,101 | -4,931 | |
9905 |
3,334 | 1,312 | 500 | 1,101 | -4,931 | |
| Appropriation of the result | ||||||
9906 |
1,316 | -2,018 | -3,329 | -3,830 | -4,931 | |
14P |
-2,018 | -3,329 | -3,830 | -4,931 | - | |
691/2 |
1,316 | - | - | - | - | |
6921 |
1,316 | - | - | - | - | |
| Document | ||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-05-2026 | 2026-00133238 | |
| 31-12-2024 | micro format | 05-06-2025 | 2025-00125353 | |
| 31-12-2023 | micro format | 04-06-2024 | 2024-00108575 | |
| 31-12-2022 | micro format | 30-05-2023 | 2023-00101177 | |
| 31-12-2021 | micro format | 30-05-2022 | 2022-20038332 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 25,068 | 23,166 | 13,591 | 14,302 | - | ||
| 23,144 | 21,153 | 11,440 | 12,041 | - | ||
| 6,500 | 0 | 7,041 | 32,820 | 292,820 | ||
| 11,525 | 1,800 | -3,248 | 4,590 | - | ||
| 5,036 | 1,892 | 1,439 | 3,091 | 49 | ||
| 16.3% | 11.6% | 11.1% | 19.1% | -10.2% | ||
| 0.9% | -0.4% | -0.8% | -1.0% | -1.3% | ||
| 1.49 | 1.99 | 3.55 | 2.40 | 1.08 | ||
| 143.9% | - | - | - | - | ||
| 1.3% | 0.5% | 0.2% | 0.4% | -1.7% | ||
| 13.03 | 11.51 | 6.32 | 6.33 | - | ||
| - | 1 day | 1 day | 0 days | 5 days | ||
| 507 days | - | - | 338 days | 34 days |
A ratio outside any meaningful range has been withheld (balance sheet total €260,107, equity €2,316).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,500 | - | €7,041 | €32,820 | €292,820 |
| €19,809 | €19,841 | €10,940 | €10,940 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on D-VELOP
The operating result for 2025 is 58% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total is 99.1%.
Board & ownership
Board
1 director, since incorporationStatutory director
appointed by deed of 12-02-2020
term without a fixed end
listed in the 2022 annual accounts, filed on 30-05-2023
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Indien de vennootschap door meer dan één bestuurders wordt bestuurd, en behoudens inrichting van een collegiaal bestuursorgaan, mag iedere…”deed of 12-02-2020
Mandates through the years
1 name, the dashed line is todayVANDENBERGHE Désirée
Statutory director
Statutory director
Board
Mandates as a list
- VANDENBERGHE Désirée
- Statutory director, appointed by deed of 12-02-2020, still in office
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €23.16 in 2025
- Source
- deed of 12-02-2020
Articles of association
deed of 12-02-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of May at 11:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 12-02-2020 ↗
- VANDENBERGHE Désirée 100 shares (100%) · €1,000
Network & group
No group
D-VELOP has no parent and no holdings in its annual accounts. VANDENBERGHE Désirée is the only director. D-VELOP shares no director with another company.
At the same address
Antoon Catriestraat 129, 9031 Ghent · 1 other company| Holding aan de Leie
registered office since 06-11-2023 · founded in 2023 |
total assets €95,411 (2025) 1001.943.385 |
Timeline
Timeline
12 events since 2020Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 61 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0743449966
2025
Highest result from 2021 to 2025 net €3,334 ▲154% The operating result of €5,259 and the net result of €3,334 are both a record.
Registered office moved from Ghent to DrongenNew registered office: Antoon Catriestraat 129, 9031 Drongen · Previous registered office: Sint-Denijslaan 3 bus 302, 9000 Gent · Board meeting of 10-04-20253 points ▸
- Board meeting, 10-04-2025
- General meeting, 10-04-2025
- Registered-office move, Antoon Catriestraat 129, 9031 Drongen
Annual accounts 2024 filed PDFmicro format · 56 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 57 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 62 days before the deadline
2022
Back to profit net €1,101 The net result is €1,101, after one loss-making year.
Liquidity more than doubled current ratio 2.40 The current ratio rises from 1.08 to 2.40.
Annual accounts 2021 filed PDFmicro format · 62 days before the deadline
2020
First establishment Antoon Catriestraat 129, Ghent
IncorporationFounding capital of €1,000, 100 shares · Founder: VANDENBERGHE Désirée · Appointment: VANDENBERGHE Désirée (statutory director) · published on 12-02-20204 points ▸
- Founder, VANDENBERGHE Désirée
- Founding capital, €1,000, 100 shares
- Director appointment, VANDENBERGHE Désirée (statutory director)
- Permanent representative, VANDENBERGHE Désirée
- The deed holds 2 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 10 February 2020, D-VELOP was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 In 2025 the registered office moved to Drongen.3 VANDENBERGHE Désirée is statutory director of the company, appointed by deed of 12-02-2020.2 Turnover went from €5,720 in 2021 to €32,340 in 2025.4
Company details
Identity
- Enterprise number
- 0743.449.966
- VAT number
- BE 0743.449.966
- Peppol ID
- 0208:0743449966
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 10-02-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of May at 11:00deed of 12-02-2020 (in Dutch)
- Peppol
- Reachable since 27-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- D-VELOP in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-02-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”“9000 Gent Sint-Denijslaan 3 bus 0302”deed of 12-02-2020 (in Dutch)
Activities
NACEBEL 202568110
Buying and selling of own real estate main activity
Codes under NACEBEL 2008
68100
Real estate activities main activity
70220
Business consulting
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Allerhande zakelijke en administratieve dienstverlening; Het beschikbaar stellen van gemeenschappelijke werkplaatsen, gebouwen of delen…”deed of 12-02-2020 (in Dutch)
12 activities
- Allerhande zakelijke en administratieve dienstverlening;
- Het beschikbaar stellen van gemeenschappelijke werkplaatsen, gebouwen of delen ervan, eventueel gekoppeld aan bijkomende diensten (coworking ruimtes);
- Exploitatie van een bouwonderneming; het oprichten van gebouwen, zowel woningen, appartementsgebouwen, kantoren als nijverheids- en handelsgebouwen, scholen, ziekenhuizen, gebouwen voor beoefening van erediensten, cultuur, enz. zowel nieuwbouw, renovatie als restauratie, hetzij als bouwheer voor eigen rekening, hetzij als bouwpromotor met het oog op verkoop, hetzij door coördinatie in de bouw in samenwerking met onderaannemers;
- Klein- en groothandel in bouwmaterialen;
- Het verlenen van bouwadvies;
- Verkoop, studie en advies van alle technieken in de ruimste zin van het woord, onder meer elektrische installaties en domotica, vaste en mobiele, ventilatie, alarminstallaties, zonnepanelen, zonneboilers en warmtepompen, andere groene energievoorzieningen.
- Coördinatie van alle bouwactiviteiten;
- Studie, advies en werfopvolging;
- Het uitwerken, het realiseren en het promoten van bouwprojecten en alle projectonderdelen. Het verkrijgen van alle hiermee verbonden officiële toelatingen;
- Het afsluiten van contracten noodzakelijk voor de realisatie van een project in het algemeen;
- Het waken over de goede uitvoering en de daaropvolgende commercialisatie hetzij direct hetzij via derden, door het project of de onderdelen te verkopen;
- Het roerend en onroerend patrimonium van de vennootschap te beheren in de ruimste zin van het woord, deze oordeelkundig uit te breiden, alle beschikbare middelen te beleggen of weder te beleggen, zowel in roerende als onroerende goederen, en binnen dit kader:
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Antoon Catriestraat 129 registered office 9031 Ghent | 01-07-2020 | 2.305.297.842 |
1 former office
- Sint-Denijslaan 3 bus 302, 9000 Gent until the deed of 29-07-2025
Buildings and parcels at the address
- Ground area
- 524 m²
- Buildings
- 108 m²
- Volume, LiDAR
- 94 m³
- Tallest building
- 6.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44017C1409/00C000 | 524 m² | 1 · 108 m² | 6.8 m |
Contact
E-mail
info@dvelop.be