Equity
-€191,649
Debts exceed assets in financial year 2025.
Domax-Development
Lifetime
4 annual accounts with figures on one time axispeak €42,965 (2022)
-€112,778▼ €140,510
lowest -€146,807 (2025)
-€146,807▼ €156,328
peak -€5,154 (2022)
-€191,649▼ €146,807
€3.7m▲ 161%
Board3 names since 2021
3 directors and 2 others
Documentsfilings and deeds
24-07-20267 days before the deadline
2025abbreviated format
Gross margin from €27,732 to -€112,778Loss of €146,807Equity from -€44,843 to -€191,649Debts from €1.4m to €3.7mCash from €21,945 to €234,624
Key points
from the 2025 annual accountsDebts
€3.7m 106% of the balance sheet
Financial debts 16%Suppliers 6%Taxes and wages 2%Other 77%
Position in the sector
-€191,649
Less equity than 91% of companies in real estate. Sector median €403,849 · 12,427 companies.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,250 companies had the same profile as Domax-Development has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,250 companies, not a prediction for Domax-Development. 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.
Credit verdict
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Signals
Board and ownership
Director,
Director,
Director,
- founderdeed of 13-12-2021
- founderdeed of 13-12-2021
- founderdeed of 13-12-2021
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Provincie Oost-Vlaanderen
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0778409162
Environmental permit granted
Bouwen of herbouwen, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden, Verbouwen / Wijzigen Infrastructuur · Hamme
Environmental permit granted
Bouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 6 more · Hamme
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Domax-Development Sint-Niklaas | €3.5m | -€112,778 | -5.5% | - |
| WATERKANT PROJECT Berlare | €3.0m | -€68 | 1.2% | - |
| Kliniek Development Ghent | €3.3m | -€81,846 | -5.9% | 0 |
| DURBUY Vastgoed Assenede | €3.0m | -€9,467 | -6.2% | - |
| MAENHOUT ESTATE Sint-Martens-Latem | €3.5m | -€261,786 | -18.8% | - |
| Oak Field Residence Lebbeke | €2.6m | -€3,592 | -2.2% | - |
| LUMA CONSTRUCT Wommelgem | €3.3m | -€89,564 | -10.6% | - |
These companies have the same main activity as -Development: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2.6m and €3.5m, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 09-12-2021Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.325.610.5339100 Sint-Niklaas, since 09-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 23-10-2025
Annual accounts 2025
- €3.5m▲ 155%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on Domax-Development
-Development files the abbreviated format. That format states no turnover. The gross margin fell from €42,965 in 2022 to -€112,778 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Domax-Development
- What is the company number of Domax-Development?
- The company number of -Development is 0778.409.162. The VAT number is the same number with BE in front: BE 0778.409.162.
- Where is Domax-Development based?
- The registered office is at August De Boeckstraat 19, 9100 Sint-Niklaas.Company details
- What does Domax-Development do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Domax-Development?
- -Development is a private limited company (BV).
- When was Domax-Development founded?
- -Development was founded on 09-12-2021.
- Is Domax-Development still active?
- Yes, -Development is an active enterprise in the KBO register.
- What is the turnover of Domax-Development?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is Domax-Development profitable?
- In financial year 2025, -Development made a loss of €146,807.
- Where can I find the annual accounts of Domax-Development?
- -Development filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Domax-Development due?
- -Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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