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Generated 05-08-2026
Active BE 0686.676.955Private limited company

Development Belgium 01

Louizalaan 65 ·1050 Brussel, Belgium· 8 yrs active
Sector: Head offices & management consulting (70200)
Conclusion Checked

The computed 12-month bankruptcy probability of Development Belgium 01 is 0.9% (low). The 2023 annual accounts show negative equity (€-454k) and a net result of €-143. Equity is shrinking by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 1159 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €-454k
Net result €-143
Better than sector 5%
Active 8 yrs
Snowflake analysis 5 axes · computed by Checked
Health10Profitability0Solvency33Growth72Stability100
43 / 100

Fragile profile, watch profitability in particular.

Health 10
Profitability 0
Solvency 33
Growth 72
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.9% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Annual accounts: weaker financial profile +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2017, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
10 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview6 NBB filings
Annual accounts filed on 14-11-2024 with the NBB · fiscal year 2023 · verkort
€-750k€-500k€-250k€0€250kRevenue 2019: €72k€72kOperating result 2019: €-162k€-162kNet result 2019: €-300k€-300kRevenue 2020: €89k€89kOperating result 2020: €-366k€-366kNet result 2020: €-669k€-669kRevenue 2021: €202k€202kOperating result 2021: €22k€22kNet result 2021: €21k€21kRevenue 2022: €189k€189kOperating result 2022: €177k€177kNet result 2022: €176k€176kOperating result 2023: €-33€-33Net result 2023: €-143€-14320192020202120222023
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~12.7%/year over 6 fiscal years, indicative, assuming unchanged policy.
€-1.25M€-1.00M€-750k€-500k€-250k€02024: €-568k (€-724k - €-413k)2025: €-626k (€-874k - €-377k)2026: €-683k (€-1.03M - €-341k)2018: €-108k2019: €-281k2020: €-651k2021: €-629k2022: €-453k2023: €-454k201820192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2023 · NACE 70, Head offices & management consulting · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -135.6% 42.4%
better than 5% of 1159 sector peers
Net result €-143 €34k
better than 23% of 1159 sector peers
Equity €-454k €138k
better than 5% of 1160 sector peers
Gross operating margin €-32 €63k
better than 15% of 1153 sector peers
Total assets €334k €559k
better than 39% of 1160 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€189k
-6.7% 18-23
EBITDA
€-365k
-138.7% far below sector median
Net profit
€-143
- far below sector median
Cash flow
€-668k
-129.9% far below sector median
Total assets
€334k
+16.4% +129% vs sector
Equity
€-454k
0.0% far below sector median
Working capital
€-454k
- far below sector median
Debt
€788k
+6.4% far above sector median
Debt ≤ 1y
€788k
+2392.0% far above sector median
Debt > 1y
€709k
+44.5% 18-23
Current ratio
0.42
-95.3% -94% vs sector
Quick ratio
0.42
-95.3% -94% vs sector
Solvency
-135.6%
+14.1% far below sector median
Debt / equity
-1.74
-6.3% far below sector median
ROE
0.0%
- -99% vs sector
ROA
0.0%
- far below sector median
Net margin
93.3%
+780.8% 18-23
EBITDA margin
-410.0%
-92.5% 18-23
Figures by fiscal year
Fiscal year2023
Revenue-
EBITDA-
Net profit€-143
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€334k
Equity€-454k
Debt€788k
of which ≤ 1y€788k
of which > 1y-
Working capital€-454k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.42
Quick ratio0.42
Working capital ratio-135.6%
Solvency-135.6%
Debt / equity-1.74
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA0.0%
ROE0.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€334k
Current assets 29/58€334k
Amounts receivable within one year 40/41€334k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€334k
Equity 10/15€-454k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-472k
Amounts payable 17/49€788k
Amounts payable within one year 42/48€788k
Income statement
Gross operating margin 9900€-32
Operating result 9901€-33
Financial charges 65€110
Result before taxes 9903€-143
Net result for the period 9904€-143
Result to be appropriated 9905€-143
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Head offices & management consulting(70200)
Legal form Private limited company(610)
Incorporation20-12-2017
StatusActive
Postal code1050
Establishment units 1 location
Ieper Ter Waarde Centre
Louizalaan 65/11, 1050 ElseneOverige zakelijke dienstverlening, neg
since 20182.271.647.750
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0007/00R000 Brussels 1,683 m² 1 · 2,433 m² 35.6 m · 9 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 9 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024
14-11-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
11-06-2024
State Gazette act Director changes
2023
30-12-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
16-03-2023
State Gazette act Director changes
07-01-2023
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2022
22-04-2022
State Gazette act Director changes
21-01-2022
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
28-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
28-06-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 2 years ago
2024
11-06-2024 Christophe HABETS reappointed as statutory auditor Director changes
  • Christophe HABETS, Commissaris
Technical details 
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      "effective_date": "2023-01-01",
      "evidence_quote": "Het bestuursorgaan heeft kennis genomen van het feit dat de vennootschap KPMG Bedrijfsrevisoren BV/SRL commissaris van DEVELOPMENT BELGIUM 01 BV, beslist heeft Christophe HABETS, bedrijfsrevisor, als vaste vertegenwoordiger te laten vervangen door Paul DREEZEN, bedrijfsrevisor vanaf 1 januari 2023 e",
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  "act_meta": {
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    "pub_date": "2024-06-11",
    "filing_date": "2024-06-03",
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      "date": "2024-01-31",
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    "org_rep_person_name": null,
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2023
16-03-2023 Permanent representative changed: Christophe HABETS succeeds Dieter VANLOOCK Director changes
Technical details 
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        "profession": "bedrijfsrevisor",
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      },
      "reason": null,
      "subkind": "successor_conditional",
      "via_org": {
        "kbo": null,
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      "statutory": null,
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      "evidence_quote": "Bij een schrijven van 22 december 2022 heeft het bestuursorgaan kennis genomen van het feit dat de vennootschap KPMG Bedrijfsrevisoren BV/SRL beslist heeft Dieter VANLOOCK, bedrijfsrevisor, als vaste vertegenwoordiger te laten vervangen door Christophe HABETS, bedrijfsrevisor vanaf de algemene verga",
      "decharge_status": null,
      "mandate_duration": {
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      },
      "rep_rotation_new_rep": "Christophe HABETS",
      "rep_rotation_old_rep": "Dieter VANLOOCK",
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
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        "name": "Peter TAYLOR",
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      "reason": null,
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      "evidence_quote": "De enige bestuurder verleent elke machtiging aan de heer Peter TAYLOR en / of mevrouw Debora GOETHUYS en / of de heer Lode PAUWELS met mogelijkheid van indeplaatsstelling en de bevoegdheid om afzonderlijk op te treden, om de nodige formaliteiten te vervullen met betrekking tot de neerlegging bij de ",
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    },
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        "name": "Lode PAUWELS",
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  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Luik",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-03-16",
    "filing_date": "2023-03-07",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [],
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  },
  "publication_proxy": {
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}
2022
22-04-2022 KPMG Bedrijfsrevisoren BV/SRL appointed as statutory auditor Director changes
  • KPMG Bedrijfsrevisoren BV/SRL, Commissaris
Technical details 
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      "decharge_status": null,
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        "kind": "n_years",
        "value": "4"
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}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
Legal nameNL Development Belgium 01
Registered office
Louizalaan 65 bus 11
1050 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative