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DEVELOPMENT CENTRE

Active
Public limited companyfounded 1994active for 32 yearsPastoor D.J.Delestréstraat 29, 1850 Grimbergen, BelgiumKBO/BCE: BE 0453.505.781
Summary

DEVELOPMENT CENTRE has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €71,938. Equity has been stable since 2018 (±2.5% per year). Its solvency ranks better than 95% of 10,798 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 23-09-1994 Normal situation
Activity
Business and other management consultancy NACE 70200and 1 other
Establishment unit
2.068.664.956 1850 Grimbergen, since 14-10-1994
Financial year end
31 December
Peppol
Reachable since 12-11-2025

Board and ownership

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€115,765
▲ 27.9%
Turnover
≈ €190,000
estimated
Profit
€71,938
▲ 52.4%
Equity
€1.3m
▲ 5.9%
Total assets
€1.3m
▲ 6.3%
  • 2025 accounts filed 11 days after the deadline
Filed on 11-08-2026
Score breakdownraises riskLast filed accounts filed 11 days late; 1 of the last 3 accounts lateLiquidity: current ratio 121.92, cash €36,747, halvedlowers riskSize: total assets €1.3mEquity €1.3m (99.0% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 99.0% of total assets
Liquidity 54-7
short-term debt 0.5% · cash 2.8%
Profitability 76+2
return on assets 5.5%
Bankruptcy probability within 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% (48,528 companies, NACE 70, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged 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 05-2025lowest value 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%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged 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%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €120,000 on 30-day terms is acceptable
Short-term debt is 0.5% and cash 2.8% of total assets. 1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 86% of them on solvency, 43% on liquidity, 41% on profitability and 52% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 11 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 121.92, cash €36,747, halved
NBB · annual accounts
lowers risk · Equity €1.3m (99.0% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.3m
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
11 days late
2024
1 day early
2023
7 days late
2022
3 days early
2021
17 days late
2020
26 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 11 days after the deadline Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00394496.

Annual accounts 2025 filed on 11-08-2026 at the NBB all 32 filings

Turnover
≈ €190,000
Estimated: probably between €150,000 and €240,000
EBIT margin
Not included in this filing
Net result
€71,938▲ 52.4%
2024 · €47,200
Working capital
€756,815▲ 11.9%
2024 · €676,224
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 50% higher than in 2024. It is the third rise in a row, after the fall in 2022.

Operating result€0.08m 2025 Net result€0.07m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.03m-€0.008m▼ 70.0%€0.06m▲ 627%€0.09m▲ 55.3%-€0.01m€0.01m€0.05m▲ 299%€0.08m▲ 50.0%
Net result€0.02m-€0.006m▼ 73.6%€0.05mwithin the sector's middle half▲ 809%€0.07mabove the sector's middle half▲ 39.3%-€0.01mbelow the sector's middle half€0.01mwithin the sector's middle half€0.05mwithin the sector's middle half▲ 364%€0.07mwithin the sector's middle half▲ 52.4%
Equity€1.0m-€1.0m▲ 0.5%€1.1mabove the sector's middle half▲ 4.8%€1.2mabove the sector's middle half▲ 6.4%€1.2mwithin the sector's middle half▼ 1.2%€1.2mwithin the sector's middle half▲ 0.9%€1.2mabove the sector's middle half▲ 4.0%€1.3mabove the sector's middle half▲ 5.9%
Total assets€1.1m-€1.1m▲ 1.1%€1.1mabove the sector's middle half▲ 4.1%€1.2mabove the sector's middle half▲ 7.5%€1.2mwithin the sector's middle half▼ 3.1%€1.2mwithin the sector's middle half▲ 0.1%€1.2mabove the sector's middle half▲ 3.7%€1.3mwithin the sector's middle half▲ 6.3%
Debt€0.01m-€0.03m▲ 85.4%€0.02m▼ 23.0%€0.03m▲ 67.9%€0.01m▼ 65.6%€0.01m▼ 0.6%€0.008m▼ 28.9%€0.01m▲ 53.4%
Working capital€0.8m-€0.8m▲ 1.2%€0.9mabove the sector's middle half▲ 8.6%€1.0mabove the sector's middle half▲ 9.2%€0.6mabove the sector's middle half▼ 40.6%€0.6mabove the sector's middle half▲ 5.1%€0.7mabove the sector's middle half▲ 11.0%€0.8mabove the sector's middle half▲ 11.9%
Solvency97.2%-96.7%▼ 0.5pp97.4%above the sector's middle half▲ 0.7pp96.4%above the sector's middle half▼ 1.0pp98.2%above the sector's middle half▲ 1.8pp99.0%above the sector's middle half▲ 0.7pp99.3%above the sector's middle half▲ 0.3pp99.0%above the sector's middle half▼ 0.3pp
Current ratio78.72-36.63▼ 42.0949.46above the sector's middle half▲ 12.8335.88above the sector's middle half▼ 13.58
Return on assets (ROA)2.0%-0.5%▼ 1.4pp4.5%within the sector's middle half▲ 3.9pp5.8%within the sector's middle half▲ 1.3pp-1.2%below the sector's middle half▼ 7.0pp0.9%within the sector's middle half▲ 2.1pp3.9%within the sector's middle half▲ 3.0pp5.5%within the sector's middle half▲ 1.7pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €534,693 ▼ 1.6%
Current assets €763,074 ▲ 12.6%
Equity and liabilities €1.3m
Equity €1.3m ▲ 5.9%
Debt €12,928 ▲ 53.4%
Debt's share of the balance-sheet total rises from 0.7% to 1.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€107,772▲
2024 · €83,094
Cash flow
€103,378▲
2024 · €79,415
Debt to equity
0.01▲
2024 · 0.01
ROE
5.6%▲
2024 · 3.9%
Interest coverage
58.24▲
2024 · 30.96
Debt ≤ 1 year
€6,259▲
2024 · €1,759
Debt > 1 year
€6,602=
2024 · €6,602
Income taxes
€19,882▲
2024 · €14,572
A ratio outside any meaningful range has been withheld (balance sheet total €1.3m, equity €1.3m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€38,614€410,844€11,699€12,378€22,788
Depreciation and write-downs of the year€45,202€29,767€39,801€32,215€31,440

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as DEVELOPMENT CENTRE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.2m and €1.3m, founded between 1990 and 1998.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
DEVELOPMENT CENTRE Grimbergen1994€1.3m€1.3m€0.1m-€0.07m-2025
ZAKENKANTOOR VAN HOLDER Pajottegem1996€1.2m€1.1m€0.1m--€0.08m-2024
REMATO Pajottegem1998€1.2m€0.6m€0.1m-€0.04m02025
Alexander's Kapelle-op-den-Bos1990€1.2m€0.1m€0.1m-€0.06m-2025
DIVERSITY Kortenaken1998€1.2m€0.6m€0.1m-€0.02m0.92025
ALEXIMMO Elsene1994€1.3m€0.8m€0.1m-€0.02m-2025
PALITAL Waterloo1993€1.3m€1.0m€0.1m€0.2m€0.05m-2025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 20,136 companies had the same profile as DEVELOPMENT CENTRE has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% was still going

That fits the bankruptcy probability of DEVELOPMENT CENTRE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,136 companies, not a prediction for DEVELOPMENT CENTRE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines

Source: Annual accounts 2025 at the NBB, filed on 11-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.3m▲
Fixed assets21/28€0.5m€0.5m▼
Tangible fixed assets22/27€0.5m€0.5m▼
Land and buildings22€0.5m€0.5m▼
Furniture and vehicles24€0.02m€0.01m▼
Financial fixed assets28€0.004m€0.004m=
Current assets29/58€0.7m€0.8m▲
Amounts receivable within one year40/41€0.03m€0.03m▲
Trade receivables40€0.02m€0.02m▲
Other amounts receivable41€0.008m€0.008m=
Current investments50/53€0.5m€0.7m▲
Cash at bank and in hand54/58€0.1m€0.04m▼
Deferred charges and accrued income490/1€0.002m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.3m▲
Equity10/15€1.2m€1.3m▲
Contributions10/11€0.7m€0.7m=
Capital10€0.7m€0.7m=
Issued capital100€0.7m€0.7m=
Reserves13€0.5m€0.6m▲
Non-distributable reserves130/1€0.07m€0.07m=
Legal reserve130€0.07m€0.07m=
Distributable reserves133€0.5m€0.5m▲
Profit (loss) carried forward14€0.002m€0.004m▲
Amounts payable17/49€0.008m€0.01m▲
Amounts payable after more than one year17€0.007m€0.007m=
Financial debts170/4€0.007m€0.007m=
Amounts payable within one year42/48€0.002m€0.006m▲
Taxes, remuneration and social security45€0.002m€0.006m▲
Taxes450/3€0.002m€0.006m▲
Accrued charges and deferred income492/3€66€67▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.03m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€84
Other operating charges640/8€0.007m€0.008m▲
Gross operating margin9900€0.09m€0.1m▲
Operating profit (loss)9901€0.05m€0.08m▲
Financial income75/76B€0.01m€0.02m▲
Recurring financial income75€0.01m€0.02m▲
Non-recurring financial income76B€0.01m€0.02m▲
Financial charges65/66B€0.003m€0.002m▼
Recurring financial charges65€0.003m€0.002m▼
Non-recurring financial charges66B€0.003m€0.002m▼
Profit (loss) for the period before taxes9903€0.06m€0.09m▲
Income taxes67/77€0.01m€0.02m▲
Profit (loss) for the period9904€0.05m€0.07m▲
Profit (loss) for the period to be appropriated9905€0.05m€0.07m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.05m€0.07m▲
Profit (loss) brought forward from the previous period14P-€498€0.002m▲
Transfer to equity691/2€0.05m€0.07m▲
To other reserves6921€0.05m€0.07m▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55,004€54,300€37,807€45,202€29,767€39,801€32,215€31,440▼ 2.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€398---€84-
Provisions for liabilities and charges: additions (uses and reversals)635/8------€8,676---
Other operating charges640/8---€5,819€5,695€7,389€7,407€7,909▲ 6.8%
Gross operating margin9900€88,055€68,969€102,722€143,621€21,460€51,275€90,501€115,765▲ 27.9%
Operating profit (loss)9901€27,181€8,161€59,371€92,202-€14,002€12,761€50,879€76,332▲ 50.0%
Financial income75/76B---€3€853€3,952€13,577€17,339▲ 27.7%
Recurring financial income75€78€1,347€5€3€853€3,952€13,577€17,339▲ 27.7%
Non-recurring financial income76B---€3€853€3,952€13,577€17,339▲ 27.7%
Financial charges65/66B---€1,043€1,440€1,742€2,684€1,850▼ 31.1%
Recurring financial charges65€227€626€539€1,043€1,440€1,742€2,684€1,850▼ 31.1%
Non-recurring financial charges66B---€1,043€1,440€1,742€2,684€1,850▼ 31.1%
Profit (loss) for the period before taxes9903€27,032€8,882€58,837€91,162-€14,589€14,972€61,772€91,820▲ 48.6%
Income taxes67/77€12,500€9,825€8,487€21,000-€267€4,810€14,572€19,882▲ 36.4%
Profit (loss) for the period9904€21,012€5,538€50,350€70,162-€14,322€10,162€47,200€71,938▲ 52.4%
Profit (loss) for the period to be appropriated9905€33,723€18,248€50,350€70,162-€14,322€10,162€47,200€71,938▲ 52.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.1m€1.2m€1.2m€1.2m€1.2m€1.3m▲ 6.3%
Fixed assets21/28€0.3m€0.2m€0.2m€0.2m€0.6m€0.6m€0.5m€0.5m▼ 1.6%
Tangible fixed assets22/27€0.2m€0.2m€0.2m€0.2m€0.6m€0.6m€0.5m€0.5m▼ 1.6%
Land and buildings22---€0.2m€0.6m€0.5m€0.5m€0.5m▼ 0.9%
Furniture and vehicles24---€0.04m€0.03m€0.02m€0.02m€0.01m▼ 25.6%
Financial fixed assets28€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m€0.004m=
Current assets29/58€0.8m€0.8m€0.9m€1.0m€0.6m€0.6m€0.7m€0.8m▲ 12.6%
Amounts receivable within one year40/41€0.06m€0.04m€0.03m€0.04m€0.04m€0.02m€0.03m€0.03m▲ 3.6%
Trade receivables40---€0.03m€0.02m€0.02m€0.02m€0.02m▲ 4.8%
Other amounts receivable41---€0.006m€0.02m-€0.008m€0.008m=
Current investments50/53€0.04m€0.1m€0.1m€0.1m€0.1m€0.4m€0.5m€0.7m▲ 26.8%
Cash at bank and in hand54/58€0.7m€0.7m€0.7m€0.8m€0.4m€0.2m€0.1m€0.04m▼ 67.1%
Deferred charges and accrued income490/1---€0.002m€0.001m€0.005m€0.002m€0.02m▲ 762%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.1m€1.2m€1.2m€1.2m€1.2m€1.3m▲ 6.3%
Equity10/15€1.0m€1.0m€1.1m€1.2m€1.2m€1.2m€1.2m€1.3m▲ 5.9%
Contributions10/11€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m=
Capital10---€0.7m€0.7m€0.7m€0.7m€0.7m=
Issued capital100---€0.7m€0.7m€0.7m€0.7m€0.7m=
Reserves13€0.3m€0.4m€0.4m€0.5m€0.5m€0.5m€0.5m€0.6m▲ 13.5%
Non-distributable reserves130/1---€0.07m€0.07m€0.07m€0.07m€0.07m=
Legal reserve130---€0.07m€0.07m€0.07m€0.07m€0.07m=
Distributable reserves133---€0.4m€0.4m€0.4m€0.5m€0.5m▲ 15.6%
Profit (loss) carried forward14€0.01m€0.003m€0.004m€0.004m-€0.01m-€498€0.002m€0.004m▲ 114%
Provisions and deferred taxes16€0.02m€0.009m€0.009m€0.009m€0.009m----
Provisions for liabilities and charges160/5---€0.009m€0.009m----
Other liabilities and charges164/5---€0.009m€0.009m----
Amounts payable17/49€0.01m€0.03m€0.02m€0.03m€0.01m€0.01m€0.008m€0.01m▲ 53.4%
Amounts payable after more than one year17€0.002m€0.002m€0.002m€0.007m€0.007m€0.007m€0.007m€0.007m=
Financial debts170/4----€0.007m€0.007m€0.007m€0.007m=
Other amounts payable178/9---€0.007m-----
Amounts payable within one year42/48€0.01m€0.02m€0.02m€0.03m€0.005m€0.005m€0.002m€0.006m▲ 256%
Trade debts44€0.001m€0.007m€0.002m€0.01m€0.005m€0.001m---
Suppliers440/4---€0.01m€0.005m€0.001m---
Taxes, remuneration and social security45---€0.01m-€0.004m€0.002m€0.006m▲ 256%
Taxes450/3---€0.01m-€0.004m€0.002m€0.006m▲ 256%
Other amounts payable47/48-----€0.001m---
Accrued charges and deferred income492/3---€57€64€64€66€67▲ 2.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€21,012€5,538€50,350€70,162-€14,322€10,162€47,200€71,938▲ 52.4%
+ Depreciation and write-downs630€55,004€54,300€37,807€45,202€29,767€39,801€32,215€31,440▼ 2.4%
Operating cash flow (approximation)€76,016€59,837€88,157€115,364€15,445€49,963€79,415€103,378▲ 30.2%
Investment in fixed assets (approximation)--€43,362-€15,557-€38,090-€410,844-€11,699-€12,378-€22,788▼ 84.1%
Change in cash--€59,177€74,592€83,786-€419,216-€252,523-€41,650-€74,899▼ 79.8%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 11-08-2026 2026-00394496 NBB
31-12-2024 micro format 30-07-2025 2025-00331005 PDF
31-12-2023 full format 13-09-2024 2024-00462612 NBB
31-12-2023 abbreviated format 07-08-2024 2024-00341288 PDF
31-12-2022 abbreviated format 28-07-2023 2023-00283237 PDF
31-12-2021 micro format 17-08-2022 2022-20297024 PDF
31-12-2020 micro format 26-08-2021 2021-58800601 PDF
31-12-2019 micro format 31-08-2020 2020-48100164 PDF
31-12-2018 abbreviated format 23-08-2019 2019-50400160 PDF
31-12-2017 abbreviated format 13-08-2018 2018-45700279 PDF

Show all 32 filings

Board & ownership

Directors

Directors
4 directors, 1 in day-to-day management, last change in 2024

Board 4

Alexis De Boeck
Director · appointed in the act of 23-04-2024
Current
Caroline Veerle LIBOT
Director (not named in the articles) · in office according to the act of 13-12-2022
Current
David ROBERTS
Director (not named in the articles) · in office according to the act of 13-12-2022
Current
Dominique WALRAVENS
Director (not named in the articles) · in office according to the act of 13-12-2022
Current

Day-to-day management 1

Caroline Veerle LIBOT
Managing director · appointed in the act of 13-12-2022
Current

Owners and capital

Capital transactions

Capital over time
  1. 13-12-2022 Capital stated in the deed · €692,000 · 1,395 shares

Mandate history

4 people, 4 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Caroline Veerle LIBOT
  • Director (not named in the articles), since before 13-12-2022
  • Managing director, appointed in the act of 13-12-2022, still in office
David ROBERTS
  • Director (not named in the articles), since before 13-12-2022
Dominique WALRAVENS
  • Director (not named in the articles), since before 13-12-2022
Alexis De Boeck
  • Director, appointed in the act of 23-04-2024, still in office
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“6 jaar, 3”

Articles of association, deed of 13-12-2022 (in Dutch)

Network & group

DEVELOPMENT CENTRE shares no director with another company.

Connections & network

4 current directors
Depth

The network starts from the directors of DEVELOPMENT CENTRE. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
11-08
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 11 days late
2025
31-12
Financial Highest result from 2018 to 2025net €71,938 ▲52.4%
The net result of €71,938 is the highest of those years.
30-07
NBB filing Annual accounts 2024 filedPDF
micro format · 1 day before the deadline
2024
31-12
Financial Liquidity more than triplescurrent ratio 385.35
The current ratio rises from 118.52 to 385.35. Short-term debt falls from €5,184 to €1,759.
13-09
NBB filing Annual accounts 2023 filedNBB
full format
07-08
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 7 days late
23-04
Gazette deed Appointment: Alexis De Boeck (director)
2 points ▸
  • General meeting, 12-01-2024
  • Director appointment, Alexis De Boeck (director)

Open the act in the Belgian Official Gazette

2023
31-12
Financial Back to profitnet €10,162
The net result is €10,162, after one loss-making year.
28-07
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 3 days before the deadline
2022
31-12
Financial Weakest financial yearnet -€14,322
The net result drops to -€14,322, the lowest from 2018 to 2025. It recovers the following year.
31-12
Financial Liquidity more than triplescurrent ratio 111.36
The current ratio rises from 35.88 to 111.36. Short-term debt falls from €27,953 to €5,252.
13-12
Gazette deed Reappointments: Caroline Veerle LIBOT, David ROBERTS and Dominique WALRAVENS
Appointment: Caroline Veerle LIBOT (managing director) · Purpose change · Amendment of the articles15 points ▸
  • General meeting, 30-11-2022
  • Other provision, “vrijstelling voorlezing bijzonder verslag bestuursorgaan over uitbreiding voorwerp, ontslag voorzitter van voorlezing” (deed in Dutch)
  • Other provision, “neerlegging bijzonder verslag met uitgifte proces-verbaal op bevoegde griffie ondernemingsrechtbank” (deed in Dutch)
  • Purpose change
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital, €692,000
  • Director reappointment, Caroline Veerle LIBOT (director (not named in the articles))
  • Director reappointment, David ROBERTS (director (not named in the articles))
  • Director reappointment, Dominique WALRAVENS (director (not named in the articles))
  • Director appointment, Caroline Veerle LIBOT (managing director)
  • Registered office clause, “1850 Grimbergen, Pastoor D.J. Delestréstraat 29” (deed in Dutch)
  • Power of attorney
  • The act holds 3 more points.

Open the act in the Belgian Official Gazette

Show earlier events
17-08
NBB filing Annual accounts 2021 filedPDF
micro format · 17 days late
2021
26-08
NBB filing Annual accounts 2020 filedPDF
micro format · 26 days late
2020
31-08
NBB filing Annual accounts 2019 filedPDF
micro format · 31 days late
2019
23-08
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 23 days late
2018
13-08
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 13 days late
1994
20-10
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 23 September 1994, DEVELOPMENT CENTRE was incorporated.1 Total assets went from €1.1m in 2018 to €1.3m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name DEVELOPMENT CENTRE in Dutch
Enterprise number 0453.505.781
Legal form Public limited company
Status Active, normale toestand
Founded 23-09-1994
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-12-2022 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Development Centre
deed of 13-12-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, oprichting exploitatiezetels administratieve zetels filialen agentschappen depots in België of buitenland bij beslissing raad…”
deed of 13-12-2022 (in Dutch)

Registered office and establishments

Registered office Pastoor D.J.Delestréstraat 29, 1850 Grimbergen, Belgium
Establishment unit DEVELOPMENT CENTRE, Pastoor D.J.Delestréstraat 29, 1850 Grimbergen since 14-10-1994 · unit number 2.068.664.9568042

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
73300 Public relations and communication consultancy
Codes under NACEBEL 2008
70220 Business consulting main activity
70210 Activities of head offices; management consultancy activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Ontwikkeling van software/systemen in het algemeen; Recrutering en selectie, evalueren van personeel, coaching, vorming van personeel; Alle…”
12 activities
  1. Ontwikkeling van software/systemen in het algemeen
  2. Recrutering en selectie, evalueren van personeel, coaching, vorming van personeel
  3. Alle adviezen met betrekking tot personeel, organisatie, management
  4. Het organiseren van seminaries, training en opleiding;
  5. Ontwikkelen van systemen in human resources;
  6. Aankoop, verkoop, invoer en uitvoer, distributie, commercialisering van hardware en software, materieel in informatica, raadgeving; doorlichting van bedrijven;
  7. Opstelling van trainingsplannen en strategie
  8. Computerconsultancyactiviteiten
  9. Overige diensten op het gebied van informatietechnologie en computer
  10. Gegevensverwerking, webhosting en aanverwante activiteiten
  11. Overige dienstverlende activiteiten op het gebied van informatica
  12. Verhuur en exploitatie van eigen of geleased residentieel en commercieel (handelspand, garages, parkeerplaatsen, staanplaatsen etc.) onroerend goed, exclusief sociale woningen
deed of 13-12-2022 (in Dutch)

Invoicing and payment

VAT number BE 0453.505.781
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0453505781
Other Peppol ID 9925:BE0453505781
Registered 12-11-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Tuesday of May at 12:00
deed of 13-12-2022 (in Dutch)

Recognitions · licences · registrations

Legal Entity Identifier

699400EFYLHOKAWXML91
live in the LEI register

Sites & property

Location
Cannot be placed on the map

This address was not found in the Belgian address register (BOSA BEST).

Pastoor D.J.Delestréstraat 291850 Grimbergen