DEVELOPMENT
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 06-12-1996 · last publication under the heading End on 06-11-2008
- Activity
- No activity registered in the KBO
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts to 30-06-2008
- Gross margin
- -€22,706
- ▲ 94.4%
- Profit
- €3,096
- ▼ 98.4%
- Equity
- €270,617
- ▲ 1.2%
- Total assets
- €416,191
- ▲ 10.8%
Turnover not published (abbreviated format)
Filed on 23-12-2008
Financials
Financials · financial year 2008, abbreviated format
Annual accounts 2008 filed on 23-12-2008 PDF all 11 filings
Equity
€270,617▲ 1.2%
2007 · €267,521
Total assets
€416,191▲ 10.8%
2007 · €375,483
Net result
€3,096▼ 98.4%
2007 · €190,356
Working capital
€277,144▲ 11.5%
2007 · €248,478
Trend over the years
2007 to 2008, 2 financial years 2007 to 2008, 2 financial years
The operating result for 2008 is a loss of €23,666, smaller than the loss of €409,929 in 2007.
Operating result-€23,666
2008
Net result€3,096
2008
Total assets€416,191
2008
Equity€270,617
2008
Debt€145,573
2008
Working capital€277,144
2008
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20072008
Operating result-€409,929--€23,666▲ 94.2%
Net result€190,356-€3,096▼ 98.4%
Equity€267,521-€270,617▲ 1.2%
Total assets€375,483-€416,191▲ 10.8%
Debt€107,962-€145,573▲ 34.8%
Working capital€248,478-€277,144▲ 11.5%
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2008 in colour, 2007 as the grey bar beneath
Assets €416,191
Fixed assets
€19,613 =
Current assets
€396,578 ▲ 11.4%
Equity and liabilities €416,191
Equity
€270,617 ▲ 1.2%
Debt
€145,573 ▲ 34.8%
Debt's share of the balance-sheet total rises from 28.8% to 35.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.32▲
2007 · 3.31
Debt to equity
0.09
ROE
1.1%▼
2007 · 71.2%
ROA
0.7%▼
2007 · 50.7%
Debt ≤ 1 year
€119,433▲
2007 · €107,392
Debt > 1 year
€25,000
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Gross operating margin9900 | -€406,686 | -€22,706 | ▲ 94.4% |
| Operating profit (loss)9901 | -€409,929 | -€23,666 | ▲ 94.2% |
| Recurring financial income75 | €24,461 | €27,378 | ▲ 11.9% |
| Recurring financial charges65 | €17,622 | €617 | ▼ 96.5% |
| Profit (loss) for the period before taxes9903 | €190,409 | €3,096 | ▼ 98.4% |
| Income taxes67/77 | €53 | - | - |
| Profit (loss) for the period9904 | €190,356 | €3,096 | ▼ 98.4% |
| Profit (loss) for the period to be appropriated9905 | €190,356 | €3,096 | ▼ 98.4% |
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €375,483 | €416,191 | ▲ 10.8% |
| Fixed assets21/28 | €19,613 | €19,613 | = |
| Financial fixed assets28 | €19,613 | €19,613 | = |
| Current assets29/58 | €355,870 | €396,578 | ▲ 11.4% |
| Stocks and contracts in progress3 | €28,709 | €28,709 | = |
| Amounts receivable within one year40/41 | - | €25,500 | - |
| Cash at bank and in hand54/58 | €5,161 | €368 | ▼ 92.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €375,483 | €416,191 | ▲ 10.8% |
| Equity10/15 | €267,521 | €270,617 | ▲ 1.2% |
| Contributions10/11 | €275,000 | €275,000 | = |
| Profit (loss) carried forward14 | -€7,479 | -€4,383 | ▲ 41.4% |
| Amounts payable17/49 | €107,962 | €145,573 | ▲ 34.8% |
| Amounts payable after more than one year17 | - | €25,000 | - |
| Amounts payable within one year42/48 | €107,392 | €119,433 | ▲ 11.2% |
| Trade debts44 | €8,181 | €13,546 | ▲ 65.6% |
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €190,356 | €3,096 | ▼ 98.4% |
| Operating cash flow (approximation) | €190,356 | €3,096 | ▼ 98.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€4,793 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2008 | abbreviated format | 23-12-2008 | 2008-86200279 | |
| 30-06-2007 | abbreviated format | 29-01-2008 | 2008-02500076 | |
| 30-06-2006 | abbreviated format | 12-01-2007 | 2007-01401939 | |
| 30-06-2005 | abbreviated format | 28-11-2005 | 2005-87004726 | |
| 30-06-2004 | abbreviated format | 14-01-2005 | 2005-01501735 | |
| 30-06-2003 | abbreviated format | 19-12-2003 | 2003-84405257 | |
| 30-06-2002 | abbreviated format | 20-01-2003 | 2003-02000558 | |
| 30-06-2001 | abbreviated format | 17-01-2002 | 2002-01800654 | |
| 30-06-2000 | abbreviated format | 11-01-2001 | 2001-00800042 | |
| 30-06-1999 | abbreviated format | 14-01-2000 | 2000-00804385 |
Timeline
Acts, filings and financial milestones
2008
2007
12-01
abbreviated format · 19 days before the deadline
2005
2003
2002
17-01
abbreviated format · 14 days before the deadline
2001
11-01
abbreviated format · 20 days before the deadline
2000
14-01
abbreviated format · 17 days before the deadline
1996
06-12
Gazette deed
Incorporation
26 publications in the Belgian Official Gazette, the last on 29-12-2008
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Inactive
Inactive
DEVELOPMENT is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 30 June 2008
- Last registered office
- Stijn Streuvelslaan 14, 9840 De Pinteas published on 2 September 2008
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 1998