Develop Consult
ActiveDevelop Consult has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79k and a net result of €117k. Equity is growing by ~113.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 9430 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency54▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.22 in 2024; short-term debt: 57.7% and cash: 33.6% of total assets), and 71.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.5%
Return on assets
42.6%
Age of the figures
9 mo
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 08-04-2026, 114 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
114 d early
2024
37 d early
2023
19 d early
2022
21 d early
2021
30 d early
2020
22 d early
2019
19 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€79k▲ 124%
2024 · €35k
2019: €239
2020: €100k
2021: €209k
2022: €5k
2023: €5k
2024: €35k
2019 → 2025
Total assets
€276k▲ 49.1%
2024 · €185k
2019: €4k
2020: €145k
2021: €268k
2022: €138k
2023: €281k
2024: €185k
2019 → 2025
Net result
€117k▼ 26.9%
2024 · €161k
2019: €-5k
2020: €100k
2021: €109k
2022: €99k
2023: €228k
2024: €161k
2019 → 2025
Working capital
€31k▼ 6.9%
2024 · €33k
2019: €239
2020: €97k
2021: €207k
2022: €3k
2023: €5k
2024: €33k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€209k-€5k▼ 97.6%€5k=€35k▲ 600%€79k▲ 124%
Operating result€140k-€127k▼ 9.1%€302k▲ 137%€210k▼ 30.6%€146k▼ 30.5%
Net result€109k-€99k▼ 8.7%€228k▲ 130%€161k▼ 29.7%€117k▼ 26.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €276k
Fixed assets
€85k▲ 3,942%
Current assets
€190k▲ 4.1%
Equity and liabilities €276k
Equity
€79k▲ 124%
Debt
€197k▲ 31.5%
The debt ratio falls from 81.1% to 71.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€161k▼
2024 · €211k
Cash flow
€133k▼
2024 · €162k
Solvency
28.5%▲
2024 · 18.9%
Current ratio
1.20▼
2024 · 1.22
Quick ratio
1.20▼
2024 · 1.22
Debt / equity
2.51▼
2024 · 4.28
ROE
149.5%▼
2024 · 459.1%
ROA
42.6%▼
2024 · 86.9%
Interest coverage
72.00▼
2024 · 307.30
Debt
€197k▲
2024 · €150k
Debt ≤ 1 year
€159k▲
2024 · €149k
Debt > 1 year
€38k
Income taxes
€34k▼
2024 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€185k€276k▲
Fixed assets21/28€2k€85k▲
Tangible fixed assets22/27€2k€85k▲
Plant, machinery and equipment23€100€0▼
Furniture and vehicles24€2k€85k▲
Current assets29/58€183k€190k▲
Amounts receivable within one year40/41€22k€29k▲
Trade receivables40€19k€22k▲
Other amounts receivable41€3k€7k▲
Current investments50/53€80k€39k▼
Cash at bank and in hand54/58€51k€93k▲
Deferred charges and accrued income490/1€30k€29k▼
Equity and liabilities
Total equity and liabilities10/49€185k€276k▲
Equity10/15€35k€79k▲
Contributions10/11€5k€5k=
Reserves13€30k€74k▲
Distributable reserves133€30k€74k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€150k€197k▲
Amounts payable after more than one year17-€38k
Financial debts170/4-€38k
Amounts payable within one year42/48€149k€159k▲
Current portion of amounts payable after more than one year42-€16k
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€11k€10k▼
Taxes450/3€8k€8k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€136k€132k▼
Accrued charges and deferred income492/3€563€409▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€15k▲
Other operating charges640/8€505€804▲
Gross operating margin9900€211k€162k▼
Operating profit (loss)9901€210k€146k▼
Financial income75/76B€578€8k▲
Recurring financial income75€578€2k▲
Non-recurring financial income76B-€5k
Financial charges65/66B€686€2k▲
Recurring financial charges65€686€2k▲
Profit (loss) for the period before taxes9903€210k€151k▼
Income taxes67/77€49k€34k▼
Profit (loss) for the period9904€161k€117k▼
Profit (loss) for the period to be appropriated9905€161k€117k▼
Appropriation of the result
Profit (loss) to be appropriated9906€161k€117k▼
Transfer to equity691/2€30k€44k▲
To other reserves6921€30k€44k▲
Profit to be distributed694/7€131k€74k▼
Return on contributions (dividend)694€131k€74k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €228k ▲130%
Operating result €302k, net result €228k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €209k ▲109%
2 profitable years in a row build equity to €209k.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €100k
Net result €100k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.15
Current ratio from 1.07 to 3.15.
31-12
Financial
Equity above €100kEq €100k ▲41843%
Equity rises from €239 to €100k.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Edegem · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Prins Boudewijnlaan 1982650 EdegemGround area
951 m²
Building footprint
157 m²
Parcel 11472C0215/00B002, Flanders. Linked by address, not a title deed.
1 establishment unit
Develop Consult
since 20192.296.884.477
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472C0215/00B002 | Flanders | 951 m² | 1 · 157 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEdegem2.296.884.477
Legal Entity Identifier
699400ASS6524VCHYA39
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Of 11,553 companies in sector 71121 we hold annual accounts for 6,558. 5,155 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2019
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.developconsult.be
E-mail:stijn.vanhoof@developconsult.be