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DEVELOPMENT AND MANAGEMENT ASSOCIATION

Active
Private limited companyfounded 199035 years activeChaussée de Renaix(D) 162, 7912 Frasnes-lez-Anvaing, BelgiumKBO/BCE: BE 0442.686.917
Summary

DEVELOPMENT AND MANAGEMENT ASSOCIATION has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €477,916 and a net result of -€62,371. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 236 sector peers (NACE 71, fiscal year 2026). The computed 12-month bankruptcy probability is < 0.1% (very low).

DEVELOPMENT AND MANAGEMENT ASSOCIATIONActiveChecked score 94/100

Overview

Activity
Activities of interior architects
NACE 71112
#2 oldest company in Frasnes-lez-Anvaing, Professional and technical services sector1 site
Size
€479,706total assets 2026
Equity
€477,916
Loss
-€62,371
Financial health
94 Excellent Checked score 2026
Bankruptcy probability, 12 months
< 0.1%
Structure
Holdings
1
Accounts 143 days early0 of 3 deeds read
Why 94- Loss of €62,371, the second in a row (FY 2026)+ Liquidity: current ratio 126.80, cash €224,368+ Equity €477,916 (99.6% of total assets)+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2026
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 71, micro)
Financial strength · tick = 2025
Strong
Solvency 100=
equity 99.6% of total assets
Liquidity 100+4
short-term debt 0.4% · cash 46.8%
Profitability 5-1
return on assets -13.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,788 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points vs 10-2025 12-2025: < 0.1%▼ -0.1 percentage points 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: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit up to €40,000 at 30 days acceptable
short-term debt: 0.4% and cash: 46.8% of total assets, and 0.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 87% on solvency, 97% on liquidity, 9% on profitability and 26% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Loss of €62,371, the second in a row (FY 2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 126.80, cash €224,368
NBB · annual accounts
lowers risk · Equity €477,916 (99.6% of total assets)
NBB · annual accounts
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€62,371
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 10-09-2026, 143 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
143 days early
2025
74 days early
2024
39 days early
2023
44 days early
2022
44 days early
2021
32 days early
2020
40 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 59 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. Usually files around 18 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today30-06-2027 close31-01-2028 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · full…
  2. Weakest financial yearnet -€62,371
  3. Annual accounts filedfiscal year 2025 · abbreviated…

Key points

  • Caution: Among the weakest 5% on net resultsector median €22,745 · 236 companies -€62,371 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss fiscal year 2026 -€62,371 View

By topic

Financials

Fiscal year
2026
Total assets
€479,706
Loss
-€62,371
Solvency
99.6%
Total assets▼ 11.8%
Net result
20192026
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-01-2028
  1. 30-06-2025Liquidity times 27
  2. 23-12-2024Annual accounts filed
  3. 30-06-2024Liquidity triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of interior architectsNACE 71112
Founded
03-12-1990
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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