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DEVELOP-IT

Active Private limited company (pre-2019)founded 2017active for 9 yearsRue de Chièvres 411, 7332 Saint-GhislainKBO/BCE: BE 0672.953.930
DEVELOP-IT
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Overview

Lifetime

8 annual accounts with figures on one time axis
peak €57,165 (2024)
€57,165▲ 27.7%
lowest -€11,043 (2019)
€40,530▲ 29.9%
peak €23,094 (2018)
€22,534▲ 2.4%
€59,736▲ 15.0%
peak 0.5 FTE (2019)
-not published
Board2 names since 2021
1 directorBIEBUYCK KEVIN
Documentsfilings and deeds
28-08-202528 days late
2024micro format
Gross margin from €44,752 to €57,165Result from €31,190 to €40,530Dividend €40,000Cash from €2,523 to €4,534

Key points

from the 2024 annual accounts

Equity

€22,534 ▲ 2.4%
22,0042023+40,530Profit-40,000Dividend22,5342024

DEVELOP-IT paid out €40,000 in dividends. That is 99% of the 2024 profit.

Debts

€59,736 73% of the balance sheet
Financial debts 1%Suppliers 2%Taxes and wages 30%Other 68%

Of this, €59,349 falls due within a year.

Filings

8 annual accounts 101 days past the deadline
AprilJune31 JulyOctober2020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

55
Fair
Financially stronger than 41% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.4 percentage points vs 09-2026highest value 11-2026: 0.8%● unchanged vs 10-2026highest value

Financial strength
Average

52-3equity 27.4% of total assets
18+1short-term debt 72.1% · cash 5.5%
100=return on assets 49.3%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 30-08-2025)
Liquidity: current ratio 1.37, cash €4,534
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €82,270
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 62, micro). It does better than 27% of them on solvency, 7% on liquidity, 82% on profitability and 47% 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 31-12-2024.

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, 6,713 companies had the same profile as DEVELOP-IT has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DEVELOP-IT itself: 0.8% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,713 companies, not a prediction for DEVELOP-IT. 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 verdict

Credit of up to €1,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is tight, with a current ratio of 1.37 (1.39 in 2023), below the usual 1.5. Short-term debt is 72.1% and cash 5.5% of total assets. 72.6% of the assets are financed with debt and provisions.

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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 30-08-2025)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €82,270
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.37, cash €4,534
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 20537 sector peers (2024).
NBB · sector comparison
Position among 20537 sector peers
Solvency
better than 21%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
28 days late
2023
30 days late
2022
42 days early
2021
73 days early
2020
12 days early
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 6 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BK
BIEBUYCK KEVIN
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0672953930
Resignation: Cambier Tiphanie (director) Permanent representative: Nicolas Devigne · General meeting of 24-12-2024 · Gazette deed
First establishment Rue de Chièvres 411, Saint-Ghislain
Incorporation published on 27-03-2017 · Gazette deed
All 15 events

Comparable companies

same main activity, similar in size and age
Company
DEVELOP-IT Saint-Ghislain €82,270 €57,165 27.4% -
ITH Excellence Beaumont €82,871 €61,128 25.3% -
B.N.A. INVEST Fontaine-l'Evêque €82,656 €62,548 20.6% -
CONSULT.R Gerpinnes €92,639 €52,823 3.5% -
ICDATA Diepenbeek €77,104 €57,804 1.3% -
HAL MC Lede €82,349 €60,406 77.4% -
GIBKAM IT SERVICES Forest €87,631 €56,516 5.7% -

These companies have the same main activity as DEVELOP-IT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €77,100 and €92,600, founded between 2016 and 2017.

Official details

Source: KBO
Status
Active since 23-03-2017Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.263.195.2887332 Saint-Ghislain, since 01-04-2017
Financial year end
31 December
Peppol
Reachable since 11-03-2026
Company details

Annual accounts 2024

€57,165▲ 27.7%
≈ €110,000estimated
€40,530▲ 29.9%
€22,534▲ 2.4%
€82,270▲ 11.2%
Filing
Filed on 28-08-2025
Financials

Insights on DEVELOP-IT

DEVELOP-IT files the micro format. That format states no turnover. The gross margin rose from €26,900 in 2017 to €57,165 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2024

micro format, filed on 28-08-2025, 28 days late

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.

€57,165
▲ 27.7%
€55,031
▲ 31.0%
€40,530
▲ 29.9%
€22,194
▲ 10.5%
27.4%
▼ 2.4 percentage points
1.37
▼ 0.01

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €110,000. Estimated: probably between €98,000 and €140,000.

Balance sheet

balance sheet total €82,270 on 31-12-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

27.4%

Higher than 21% of 20,537 companies in 2024.

1.37

Higher than 26% of 19,921 companies in 2024.

49.3%

Higher than 85% of 20,101 companies in 2024.

DEVELOP-IT Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20242023202220212020201920182017
Balance sheet: assets
20/58 82,27073,96037,24829,38126,55129,63046,08633,203
20 -------349
21/28 7271,9182,9292,8886,4299,23012,3862,746
22/27 7271,9182,7542,7136,2549,05512,3862,746
24 7271,9182,7542,7136,2549,05512,3862,746
28 --175175175175--
29/58 81,54372,04234,31926,49220,12220,40133,70030,108
40/41 75,27867,69015,7303,64212,35632611,59913,691
40 33,33631,07715,7301,85110,255-11,59912,254
41 41,94336,612-1,7912,101326-1,436
54/58 4,5342,52316,79317,8186,11518,18620,50415,119
490/1 1,7311,8291,7955,0331,6521,8891,5971,298
Balance sheet: equity and liabilities
10/49 82,27073,96037,24829,38126,55129,63046,08633,203
10/15 22,53422,00413,41411,30610,78012,05123,09412,680
10/11 18,60018,6006,2006,2006,2006,2006,2006,200
100 -----18,60018,60018,600
101 -----12,40012,40012,400
13 1,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,8601,860---
130 -----1,8601,8601,860
1311 1,8601,8601,8601,8601,860---
14 2,0741,5445,3543,2462,7203,99115,0344,620
17/49 59,73651,95623,83418,07415,77217,58022,99320,522
17 -----2,2955,658-
170/4 -----2,2955,658-
42/48 59,34951,95623,83418,07415,67915,28517,33414,652
42 ----2,2953,3643,271-
43 403153941279413143--
439 403153941279413143--
44 1,0661,6121,5705,1961,8071,2551,8875,346
440/4 1,0661,6121,5705,1961,8071,2551,8875,346
45 17,88015,19113,68911,2537,1369,49210,8879,139
450/3 17,88015,19113,68911,2537,0988,97210,8878,139
454/9 ----37520-1,000
47/48 40,00035,0007,6341,3474,0281,0311,290167
492/3 387---93--5,870
Income statement
9900 57,16544,75240,69536,11646,83721,32144,81926,900
62 ----24,1024,597--
630 1,1911,8881,8905,1566,0195,9305,4131,986
640/8 94384522,96924,62315,41719,60721,11614,180
9901 55,03142,01915,8366,3381,299-8,81318,29110,734
75/76B -0110--16
75 -0110--16
65/66B 3584415809871,6121,7921,771778
65 3584415809871,6121,7921,771778
9903 54,67341,57915,2575,352-313-10,60516,5209,972
67/77 14,14310,3895,6494,8259584385,0433,492
9904 40,53031,1909,608527-1,271-11,04311,4776,480
9905 40,53031,1909,608527-1,271-11,04311,4776,480
Appropriation of the result
9906 42,07436,54412,8543,2462,7203,99116,0976,480
14P 1,5445,3543,2462,720----
691/2 -------1,860
6920 -------1,860
694/7 40,00035,0007,500---1,063-
694 40,00035,0007,500---1,063-
Social balance sheet
9087 ----0.50.5--
Hours worked1013 ----1,177200--
Document PDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 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 2024 (PDF), filed on 28-08-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 28-08-2025 2025-00448061 PDF
31-12-2023 micro format 30-08-2024 2024-00432973 PDF
31-12-2022 micro format 19-06-2023 2023-00135451 PDF
31-12-2021 micro format 19-05-2022 2022-20029570 PDF
31-12-2020 micro format 19-07-2021 2021-37000139 PDF
31-12-2019 micro format 03-09-2020 2020-50900108 PDF
31-12-2018 micro format 27-08-2019 2019-51600319 PDF
31-12-2017 micro format 28-08-2018 2018-52500320 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20242023202220212020201920182017
56,22243,90717,72611,4947,318-2,88323,70412,720
41,72133,07711,4985,6824,748-5,11316,8908,467
01,0521,9311,6153,2192,77315,6093,667
2,011-14,270-1,02411,703-12,071-2,3185,385-
22,19420,08610,4858,4184,4445,11616,36615,455
27.4%29.8%36.0%38.5%40.6%40.7%50.1%38.2%
1.371.391.441.471.281.331.942.05
2.652.361.781.601.461.461.001.62
179.9%141.7%71.6%4.7%-11.8%-91.6%49.7%51.1%
49.3%42.2%25.8%1.8%-4.8%-37.3%24.9%19.5%
over 10099.5430.5611.64----

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
Item2024202320222021
Tangible fixed assets-€1,052€1,931€1,615
€1,191€1,888€1,890€5,156

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on DEVELOP-IT

The operating result for 2024 is 31% higher than in 2023 and the highest since 2017. It is the fifth rise in a row, after the fall in 2019.

Debt's share of the balance-sheet total rises from 70.2% to 72.6%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in 2024
BIEBUYCK KEVIN
Director
listed in the 2024 annual accounts, filed on 28-08-2025

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
BIEBUYCK KEVIN
Director
Cambier Tiphanie
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • BIEBUYCK KEVIN
    • Director, since before 31-12-2021
  • Cambier Tiphanie
    • Director, from before 31-12-2021 to 24-12-2024

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2024 annual accounts

Network & group

No group

DEVELOP-IT has no parent and no holdings in its annual accounts. BIEBUYCK KEVIN is the only director. DEVELOP-IT shares no director with another company.

Timeline

Timeline

15 events since 2017
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0672953930
2025
Annual accounts 2024 filed PDFmicro format · 28 days late
Resignation: Cambier Tiphanie (director)Permanent representative: Nicolas Devigne · General meeting of 24-12-20243 points ▸
  • General meeting, 24-12-2024
  • Director resignation, Cambier Tiphanie
  • Permanent representative, Nicolas Devigne

Open the deed in the Belgian Official Gazette

2024
Highest result from 2017 to 2024 net €40,530 ▲29.9% The operating result of €55,031 and the net result of €40,530 are both a record.
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
Annual accounts 2022 filed PDFmicro format · 42 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 73 days before the deadline
2021
Back to profit net €527 The net result is €527, after 2 loss-making years.
Annual accounts 2020 filed PDFmicro format · 12 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 34 days late
2019
Weakest financial year net -€11,043 The net result drops to -€11,043, the lowest from 2017 to 2024. It recovers the following year.
Annual accounts 2018 filed PDFmicro format · 27 days late
2018
Annual accounts 2017 filed PDFmicro format · 28 days late
2017
First establishment Rue de Chièvres 411, Saint-Ghislain
Incorporation PDFpublished on 27-03-2017

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 23 March 2017, DEVELOP-IT was incorporated.1 Total assets went from €46,086 in 2018 to €82,270 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2024

Company details

Identity

Enterprise number
0672.953.930
VAT number
BE 0672.953.930
Peppol ID
0208:0672953930
Other Peppol ID
9925:BE0672953930
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
23-03-2017
Financial year
ends on 31 December
Peppol
Reachable since 11-03-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DEVELOP-IT in French
Entity type
Legal entity

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020 IT consultancy main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue de Chièvres 411 registered office 7332 Saint-Ghislain 01-04-2017 2.263.195.288

Buildings and parcels at the address

Ground area
767 m²
Buildings
97 m²
Volume, LiDAR
461 m³
Tallest building
6.5 m
Buildings to scale, each on its own parcel
97 m², 6.5 m 97 m², 6.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
53057B0425/00P000767 m² 1 · 97 m² 6.5 m · 2

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