Development Belgium No. 3
The computed 12-month bankruptcy probability of Development Belgium No. 3 is 1.2% (low). The 2023 annual accounts show equity of €239k and a net result of €223k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 1162 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €239k |
| Net result | €223k |
| Better than sector | 27% |
| Active | 6 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 17.9% | 42.3% | |
| Net result | €223k | €34k | |
| Equity | €239k | €138k | |
| Gross operating margin | €301k | €63k | |
| Total assets | €1.34M | €562k |
| Fiscal year | 2023 |
|---|---|
| Deposit | verkort |
| Revenue | €465k |
| EBITDA | - |
| Net profit | €223k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €80k |
| Dividends | - |
| Total assets | €1.34M |
| Equity | €239k |
| Debt | €1.10M |
| of which ≤ 1y | €179k |
| of which > 1y | - |
| Working capital | €1.07M |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 6.99 |
| Quick ratio | 6.99 |
| Working capital ratio | 80.0% |
| Solvency | 17.9% |
| Debt / equity | 4.60 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 64.7% |
| Net margin | 47.9% |
| ROA | 16.6% |
| ROE | 93.1% |
| EBITDA margin | - |
| Days sales outstanding | 559d |
| Days payable outstanding | 203d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.34M |
| Fixed assets | 21/28 | €89k |
| Tangible fixed assets | 22/27 | €89k |
| Current assets | 29/58 | €1.25M |
| Amounts receivable within one year | 40/41 | €1.23M |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.34M |
| Equity | 10/15 | €239k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €221k |
| Amounts payable | 17/49 | €1.10M |
| Amounts payable within one year | 42/48 | €179k |
| Trade debts payable within one year | 44 | €91k |
| Income statement | ||
| Turnover | 70 | €465k |
| Gross operating margin | 9900 | €301k |
| Operating result | 9901 | €300k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €110 |
| Result before taxes | 9903 | €303k |
| Income taxes | 67/77 | €80k |
| Net result for the period | 9904 | €223k |
| Result to be appropriated | 9905 | €223k |
| NACE primary | Activiteiten van hoofdkantoren(70100) |
| Legal form | Private limited company(610) |
| Incorporation | 12-03-2020 |
| Status | Active |
| Postal code | 1050 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0056/00R000 | Flanders | 5,325 m² | 1 · 3,164 m² | 7.2 m |
| 21807G0007/00R000 | Brussels | 1,683 m² | 1 · 2,433 m² | 35.6 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-12-2024 Christophe HABETS appointed as statutory auditor
- Christophe HABETS, Commissaris
Technical details
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}11-06-2024 1 director appointed, 1 resigning
- Paul DREEZEN, Commissaris
- Christophe HABETS, Commissaris
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}16-03-2023 Permanent representative changed: Christophe HABETS succeeds Dieter VANLOOCK
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Development Belgium No. 3 |