DEVELOPACK
DEVELOPACK has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 919 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €42k |
| Net result | €4k |
| Better than sector | 31% |
| Active | 23 yrs |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.0% | 51.9% | |
| Net result | €4k | €6k | |
| Equity | €42k | €67k | |
| Gross operating margin | €26k | €31k | |
| Total assets | €140k | €140k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €22k | €50k | €44k | €7k | €33k |
| Net profit | €4k | €26k | €24k | €-11k | €11k |
| Cash flow | €16k | €35k | €36k | €3k | €28k |
| Staff costs | - | - | - | - | - |
| Income taxes | €2k | €11k | €4k | €258 | €258 |
| Dividends | - | - | - | - | - |
| Total assets | €140k | €146k | €117k | €240k | €268k |
| Equity | €42k | €38k | €12k | €-12k | €-1k |
| Debt | €98k | €108k | €105k | €253k | €270k |
| of which ≤ 1y | €63k | €81k | €66k | €201k | €206k |
| of which > 1y | €35k | €27k | €40k | €52k | €63k |
| Working capital | €-43k | €-25k | €-46k | €-69k | €-53k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.32 | 0.69 | 0.29 | 0.66 | 0.74 |
| Quick ratio | 0.32 | 0.69 | 0.29 | 0.57 | 0.66 |
| Working capital ratio | -30.9% | -17.0% | -39.4% | -28.6% | -19.7% |
| Solvency | 30.0% | 26.1% | 10.2% | -5.2% | -0.5% |
| Debt / equity | 2.34 | 2.83 | 8.76 | -20.35 | -183.75 |
| Long-term debt ratio | 0.83 | 0.71 | 3.31 | -4.17 | -43.05 |
| Interest coverage | 5.85 | 11.60 | 10.91 | 1.72 | 7.27 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 2.8% | 17.9% | 20.8% | -4.6% | 4.3% |
| ROE | 9.4% | 68.5% | 203.3% | 88.2% | -782.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €140k | €146k | €117k | €240k | €268k |
| Fixed assets | 21/28 | €120k | €90k | €98k | €108k | €114k |
| Intangible fixed assets | 21 | €293 | €728 | €1k | €2k | €1k |
| Tangible fixed assets | 22/27 | €119k | €89k | €96k | €106k | €113k |
| Financial fixed assets | 28 | €620 | €620 | €620 | €620 | €620 |
| Current assets | 29/58 | €20k | €56k | €19k | €132k | €154k |
| Stocks & contracts in progress | 3 | - | - | €0 | €18k | €18k |
| Amounts receivable within one year | 40/41 | €7k | €15k | €2k | €106k | €129k |
| Cash & bank | 54/58 | €7k | €41k | €17k | €8k | €5k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €140k | €146k | €117k | €240k | €268k |
| Equity | 10/15 | €42k | €38k | €12k | €-12k | €-1k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €23k | €20k | - | - | - |
| Accumulated profits (losses) | 14 | - | €0 | €-7k | €-31k | €-20k |
| Amounts payable | 17/49 | €98k | €108k | €105k | €253k | €270k |
| Amounts payable after one year | 17 | €35k | €27k | €40k | €52k | €63k |
| Amounts payable within one year | 42/48 | €63k | €81k | €66k | €201k | €206k |
| Trade debts payable within one year | 44 | €685 | €12k | €339 | €263 | €422 |
| Income statement | ||||||
| Gross operating margin | 9900 | €26k | €53k | €47k | €10k | €36k |
| Operating result | 9901 | €9k | €41k | €33k | €-7k | €16k |
| Financial income | 75 | €0 | €34 | €7 | €0 | - |
| Financial charges | 65 | €4k | €4k | €4k | €4k | €4k |
| Result before taxes | 9903 | €6k | €37k | €29k | €-11k | €12k |
| Income taxes | 67/77 | €2k | €11k | €4k | €258 | €258 |
| Net result for the period | 9904 | €4k | €26k | €24k | €-11k | €11k |
| Result to be appropriated | 9905 | €4k | €26k | €24k | €-11k | €11k |
| NACE primary | Other printing(18120) |
| Legal form | Private limited company(610) |
| Incorporation | 03-04-2003 |
| Status | Active |
| Postal code | 3450 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24028D0239/00H000 | Flanders | 8,320 m² | 1 · 204 m² | 12.9 m · 3 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
25-03-2026 Act object · Notarial deed · General meeting · Net asset statement
- Act object: ONTBINDING - SLUITING VEREFFENING BESLOTEN VENNOOTSCHAP · RecuLiner
- Publication: 25/03/2026 · RecuLiner
- Filing: 17/03/2026 · RecuLiner
- Notarial deed: 31/12/2025 · RecuLiner
- General meeting: 31/12/2025 · RecuLiner
- Net asset statement: date: 30/11/2025, amount: 221897.94, currency: EUR · RecuLiner
- Officer discharge · DEVELOPACK
- Officer discharge · OMNIFY
- Dissolution: date: 2025-12-31, type: voluntary · RecuLiner
- Liquidation closure · RecuLiner
- Power of attorney: administratieve formaliteiten ... actualiseren KBO ... Federale Overheidsdiensten · Van Pottelbergh, Eric Henri Louis
- Power of attorney: bankrekening(en) ... betalingen/afsluitingen · Verhasselt, Bart Emiel Maria
Technical details
{
"facts": [
{
"type": "act_object",
"quote": "Onderwerp akte: ONTBINDING - SLUITING VEREFFENING BESLOTEN VENNOOTSCHAP",
"value": "ONTBINDING - SLUITING VEREFFENING BESLOTEN VENNOOTSCHAP",
"object": null,
"subject": "e1"
},
{
"date": "2026-03-25",
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 25/03/2026",
"value": "25/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-03-17",
"type": "filing",
"quote": "17 MAART 2026",
"value": "17/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2025-12-31",
"type": "notarial_deed",
"quote": "Het jaar tweeduizend zesentwintig. Op \u00E9\u00E9nendertig december.",
"value": "31/12/2025",
"object": "e6",
"subject": "e1"
},
{
"date": "2025-12-31",
"type": "general_meeting",
"quote": "De Buitengewone Algemene Vergadering ... Het jaar tweeduizend zesentwintig. Op \u00E9\u00E9nendertig december.",
"value": "31/12/2025",
"object": null,
"subject": "e1"
},
{
"date": "2025-11-30",
"type": "net_asset_statement",
"quote": "netto-actief is ten belope van tweehonderd\u00E9\u00E9nentwintigduizend achthonderdzevenennegentig euro vierennegentig eurocent (\u20AC 221.897,94)",
"value": {
"date": "30/11/2025",
"amount": 221897.94,
"currency": "EUR"
},
"amount": 221897.94,
"object": null,
"subject": "e1",
"currency": "EUR",
"_value_raw": {
"date": "30/11/2025",
"amount": "221.897,94",
"currency": "EUR"
}
},
{
"type": "officer_discharge",
"quote": "De vergadering verleent zonder enige beperking en voorbehoud aan genoemde bestuurder volledige kwijting",
"value": {
"role": null
},
"object": null,
"subject": "e4"
},
{
"type": "officer_discharge",
"quote": "verleent de vergadering zonder enige beperking en voorbehoud aan de toenmalige bestuurder, zijnde de besloten vennootschap \u0022OMNIFY\u0022 ... volledige kwijting",
"value": {
"role": null
},
"object": null,
"subject": "e5"
},
{
"date": "2025-12-31",
"type": "dissolution",
"quote": "De vergadering beslist vervolgens dat de Besloten Vennootschap \u0022RecuLiner\u0022 wordt ontbonden en dit te rekenen vanaf heden.",
"value": {
"date": "2025-12-31",
"type": "voluntary"
},
"object": null,
"subject": "e1",
"_value_raw": {
"date": "31/12/2025",
"type": "voluntary"
}
},
{
"type": "liquidation_closure",
"quote": "De vereffening wordt hierbij afgesloten",
"value": null,
"object": null,
"subject": "e1"
},
{
"type": "power_of_attorney",
"quote": "verleent bij deze bijzondere volmacht ... aan genoemde heer Eric Van Pottelbergh om ... alle nuttige, noodzakelijke en wettelijke administratieve formaliteiten te laten uitvoeren",
"value": "administratieve formaliteiten ... actualiseren KBO ... Federale Overheidsdiensten",
"object": "e1",
"subject": "e2"
},
{
"type": "power_of_attorney",
"quote": "wordt volmacht gegeven aan genoemde heer VERHASSELT Bart op de bankrekening(en) van de vennootschap teneinde ... de nog te doene betalingen/afsluitingen uit te voeren",
"value": "bankrekening(en) ... betalingen/afsluitingen",
"object": "e1",
"subject": "e3"
}
],
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"entities": [
{
"id": "e1",
"kbo": "0825.423.775",
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{
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"kbo": "0479.935.511",
"kind": "company",
"name": "DEVELOPACK",
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{
"id": "e5",
"kbo": "0425.063.995",
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"kind": "person",
"name": "Uytterhaegen, Jeroen",
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]
}| Legal nameNL | DEVELOPACK |