Develops
The computed 12-month bankruptcy probability of Develops is 0.5% (very low). The 2024 annual accounts show equity of €56k and a net result of €18k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €56k |
| Net result | €18k |
| Active | 3 yrs |
| Locations | 1 |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €39k |
| Net profit | €18k |
| Cash flow | €30k |
| Staff costs | - |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €139k |
| Equity | €56k |
| Debt | €84k |
| of which ≤ 1y | €38k |
| of which > 1y | €46k |
| Working capital | €28k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.75 |
| Quick ratio | 1.75 |
| Working capital ratio | 20.4% |
| Solvency | 39.9% |
| Debt / equity | 1.50 |
| Long-term debt ratio | 0.82 |
| Interest coverage | 13.45 |
| Gross margin | - |
| Net margin | - |
| ROA | 12.8% |
| ROE | 32.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €139k |
| Fixed assets | 21/28 | €73k |
| Tangible fixed assets | 22/27 | €73k |
| Current assets | 29/58 | €66k |
| Amounts receivable within one year | 40/41 | €14k |
| Investments | 50/53 | €30k |
| Cash & bank | 54/58 | €21k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €139k |
| Equity | 10/15 | €56k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €53k |
| Amounts payable | 17/49 | €84k |
| Amounts payable after one year | 17 | €46k |
| Amounts payable within one year | 42/48 | €38k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €40k |
| Operating result | 9901 | €27k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €24k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €18k |
| Result to be appropriated | 9905 | €18k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 28-12-2022 |
| Status | Active |
| Postal code | 9660 |
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. |
|---|---|---|---|---|
| 45028B1004/00F000 | Flanders | 289 m² | 1 · 77 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-08-2024 Board composition published
Technical details
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{
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"notary": {
"name": "Michiel Vander Beken",
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"office_city": "Brakel",
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},
"act_meta": {
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"pub_date": "2024-08-23",
"filing_date": "2024-08-21",
"act_kind_objet": "Onderwerp akte:"
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"co_filed_documents": [
"Expeditie van het PV van buitengewone algemene vergadering dd. 05/08/2024",
"Geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}22-05-2024 Registered office moved from Lessines to Brakel
- Chemin de Chièvres 37 bus 12 7860 Lessines → 9660 Brakel, Toepzicht 11
Technical details
{
"events": [
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"kind": "zetel_transfer",
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"new_address": {
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"street_number": "37",
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},
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"evidence_quote": "Il r\u00E9sulte d\u0027une assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 19 avril 2024 que le si\u00E8ge de la soci\u00E9t\u00E9 est transf\u00E9r\u00E9 \u00E0 9660 Brakel, Toepzicht 11.",
"region_changed": true,
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],
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"act_meta": {
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"subject_company": {
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"publication_proxy": {
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"person_name": "DE LEEUW Joachim",
"org_rep_person_name": null,
"person_role_at_subject": "G\u00E9rant"
},
"co_filed_documents": [
"Mod DO\u0421 19.01 - AL"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Develops |