Skip to content
Checked.be
Complete company report
Generated 08-08-2026
Active BE 0713.474.590Private limited company

Development Belgium 02

Louizalaan 65 ·1050 Brussel, Belgium· 7 yrs active
Sector: Financial services (64210)
Conclusion Checked

Development Belgium 02 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2023 annual accounts show negative equity (€-113k) and a net result of €-110. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 1126 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €-113k
Net result €-110
Better than sector 5%
Active 7 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency33Growth58Stability100
38 / 100

Fragile profile, watch health in particular.

Health 0
Profitability 0
Solvency 33
Growth 58
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2018, 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
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview5 NBB filings
Annual accounts filed on 02-11-2024 with the NBB · fiscal year 2023 · verkort
€-150k€-100k€-50k€0Operating result 2019: €-37k€-37kNet result 2019: €-38k€-38kOperating result 2020: €-91k€-91kNet result 2020: €-130k€-130kOperating result 2021: €-547€-547Net result 2021: €-764€-764Revenue 2022: €116€116Operating result 2022: €-433€-433Net result 2022: €-1k€-1kNet result 2023: €-110€-11020192020202120222023
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 5 fiscal years (±0.9%/year).
€-150k€-100k€-50k€02024: €-115k (€-124k - €-106k)2025: €-116k (€-125k - €-107k)2026: €-117k (€-126k - €-108k)2019: €-19k2020: €-111k2021: €-112k2022: €-113k2023: €-113k20192020202120222023202420252026
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 64, Financial services · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -677.4% 33.2%
better than 5% of 1126 sector peers
Net result €-110 €40k
better than 21% of 1126 sector peers
Equity €-113k €274k
better than 5% of 1126 sector peers
Total assets €17k €1.26M
better than 5% of 1126 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€-110
+89.9% far below sector median
Total assets
€17k
0.0% -100% vs sector
Equity
€-113k
-0.1% far below sector median
Debt
€130k
+0.1% -100% vs sector
Debt ≤ 1y
€130k
+0.1% -100% vs sector
Debt > 1y
€128k
- -99% vs sector
Solvency
-677.4%
-0.1% far below sector median
ROE
0.1%
-89.9% -99% vs sector
ROA
-0.7%
+89.9% far below sector median
Figures by fiscal year
Fiscal year2023
Revenuen/a
EBITDAn/a
Net profit€-110
Cash flown/a
Staff costs-
Income taxes-
Dividends-
Total assets€17k
Equity€-113k
Debt€130k
of which ≤ 1y€130k
of which > 1y-
Working capitaln/a
Employees (FTE)-
Ratios (computed)
2023
Current ration/a
Quick ration/a
Working capital ration/a
Solvency-677.4%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA-0.7%
ROE0.1%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
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€17k
Current assets 29/58€17k
Amounts receivable within one year 40/41€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€17k
Equity 10/15€-113k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-132k
Amounts payable 17/49€130k
Amounts payable within one year 42/48€130k
Income statement
Financial charges 65€110
Result before taxes 9903€-110
Net result for the period 9904€-110
Result to be appropriated 9905€-110
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 Financial services(64210)
Legal form Private limited company(610)
Incorporation12-11-2018
StatusActive
Postal code1050
Establishment units 1 location
Louizalaan 65, 1050 Elsene
Overige zakelijke dienstverlening, neg
since 20182.284.242.904
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 7 events

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

2024
02-11-2024
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
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
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 2 years ago
2024
11-06-2024 1 director appointed, 1 resigning Director changes
  • Paul DREEZEN, Commissaris
  • Christophe HABETS, Commissaris
Technical details 
{
  "events": [
    {
      "kind": "commissaris_revocation",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Christophe HABETS",
        "address": null,
        "birth_date": null,
        "profession": "bedrijfsrevisor",
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Het bestuursorgaan heeft kennis genomen van het feit dat de vennootschap KPMG Bedrijfsrevisoren BV/SRL commissaris van DEVELOPMENT BELGIUM 02 BV, beslist heeft Christophe HABETS, bedrijfsrevisor, als vaste vertegenwoordiger te laten vervangen",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "commissaris_in",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Paul DREEZEN",
        "address": null,
        "birth_date": null,
        "profession": "bedrijfsrevisor",
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2023-01-01",
      "evidence_quote": "als vaste vertegenwoordiger te laten vervangen door Paul DREEZEN, bedrijfsrevisor vanaf 1 januari 2023",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_date",
        "value": "2023-01-01"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": "Christophe HABETS",
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Paul DREEZEN",
        "address": null,
        "birth_date": null,
        "profession": "bedrijfsrevisor",
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Het bestuursorgaan verleent elke machtiging aan de heer Peter TAYLOR en / of mevrouw Debora GOETHUYS en mevrouw Amelberga DE RYCK 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 G",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Peter TAYLOR",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Het bestuursorgaan verleent elke machtiging aan de heer Peter TAYLOR en / of mevrouw Debora GOETHUYS en mevrouw Amelberga DE RYCK 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 G",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Debora GOETHUYS",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Het bestuursorgaan verleent elke machtiging aan de heer Peter TAYLOR en / of mevrouw Debora GOETHUYS en mevrouw Amelberga DE RYCK 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 G",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "commissaris",
      "person": {
        "rrn": null,
        "name": "Amelberga DE RYCK",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Het bestuursorgaan verleent elke machtiging aan de heer Peter TAYLOR en / of mevrouw Debora GOETHUYS en mevrouw Amelberga DE RYCK 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 G",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-06-11",
    "filing_date": "2024-06-03",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-01-03",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0713.474.590",
    "name_full": "DEVELOPMENT BELGIUM 02",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Amelberga De Ryck",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bijzonder Gevolmachtigde"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2023
16-03-2023 Christophe HABETS appointed as statutory auditor Director changes
  • Christophe HABETS, Commissaris
Technical details 
{
  "events": [
    {
      "kind": "commissaris_in",
      "role": "commissaris",
      "person": {
        "rrn": "IBR A01932",
        "name": "Christophe HABETS",
        "address": null,
        "birth_date": null,
        "profession": "bedrijfsrevisor",
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": {
        "kbo": "0419.122.548",
        "name": "KPMG Bedrijfsrevisoren BV",
        "address": "1930 Zaventem, Brussel Nationale Luchthaven 1 K",
        "country": "BE",
        "legal_form": "BV"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De vergadering beslist om KPMG Bedrijfsrevisoren BV (IBR B0001- ondermemingsnummer 0419.122.548) met maatschappelijke zetel te 1930 Zaventem, Brussel Nationale Luchthaven 1 K te herbenoemen tot commissaris, met als vaste vertegenwoordiger de heer Christophe HABETS bedrijfsrevisor (IBR A01932) met in",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "3"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": null,
      "person": null,
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "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 ",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-03-16",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-12-29",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0713.474.590",
    "name_full": "Development Belgium 02",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Lode PAUWELS",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bijzonder Gevolmachtigde"
  },
  "co_filed_documents": [
    "Amexes du Moniteur-belge"
  ],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210
Primary activity highlighted.
Names & trade names
Legal nameNL Development Belgium 02
Registered office
Louizalaan 65 bus 11
1050 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
ECONOCOM GROUP BE 0422.646.816 · Elsene
BEMO HOLDING BE 0413.228.908 · Elsene
climbing & mountaineering belgium BE 0409.234.585 · Elsene
D'Ieteren Group BE 0403.448.140 · Elsene
FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ BE 0253.445.063 · Brussel
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative