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DEVELOPMENT PRODUCTION TRADE

Active Private limited companyfounded 2005active for 21 yearsJagersdreef 1, 2280 GrobbendonkKBO/BCE: BE 0873.475.595 subsidiary of ALDHEM

Lifetime

19 annual accounts with figures on one time axis, 20 filings since 2006
peak €60,169 (2024)
€21,969▼ 63.5%
lowest -€25,124 (2007)
-€1,035▼ €47,884
peak €179,468 (2024)
€178,433▼ 0.6%
€72,354▼ 16.7%
Board3 names since 2018
2 directorsWITTEVRONGEL Jorn and 1 other
Owners3 names in the annual accounts
  
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Gross margin from €60,169 to €21,969Loss of €1,035Debts from €86,834 to €72,354Cash from €38,396 to €4,268

Key points

from the 2025 annual accounts

Turnover

≈ €150,000 estimated

The abbreviated format states no turnover.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The 2024 accounts came 1 day late. The other nine of the last ten were filed on time.

Checked score

87
Excellent
Financially stronger than 48% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.6 percentage points vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 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: 0.3%▲ +0.2 percentage points vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

96+4equity 71.1% of total assets
52-16short-term debt 6.5% · cash 1.7%
68-23return on assets -0.4%

Score breakdown

raises risk
Liquidity: current ratio 4.01, cash €4,268, halved
lowers risk
Size: total assets €250,787
Founded in 2005
Figures for financial year 2025 (filed on 16-06-2026)
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 (no NACE code, micro). It does better than 59% of them on solvency, 46% on liquidity, 46% on profitability and 43% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as DEVELOPMENT PRODUCTION TRADE has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DEVELOPMENT PRODUCTION TRADE itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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 12,322 companies, not a prediction for DEVELOPMENT PRODUCTION TRADE. 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

Credit of up to €15,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.01 (3.59 in 2024), above the usual 1.5. Short-term debt is 6.5% and cash 1.7% of total assets. 28.9% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €250,787
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 4.01, cash €4,268, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
1 day late
2023
9 days early
2022
41 days early
2021
41 days early
2020
39 days early
2019
38 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 30 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 23 July (3 of the last 3 accounts filed within 37 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 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

Board and ownership

WJ
Director, since 23-11-2020
MW
Director
  • ALDHEM 93.66%score 95equity €8.7m (2025) · 2025 annual accounts of ALDHEM
  • CMM 3.16%equity €3.8m (2025) · 2025 annual accounts of CMM
  • J&G INVEST 3.16%score 87equity €3.8m (2025) · 2025 annual accounts of J&G INVEST
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0873475595
Change of role: Marc WITTEVRONGEL, from manager to director Director discharge: Marc WITTEVRONGEL · General meeting of 22-06-2023 · Gazette deed
Appointment: WITTEVRONGEL Jorn (director) General meeting of 23-11-2020 · Gazette deed
Capital increase of €275,000 to €293,600 Capital from €18,600 to €293,600, 1,478 new shares · Capital contribution: inbreng van onroerend(e) goed(eren) · Appointment: Marc LUYTEN Bedrijfsrevisor BVBA (statutory auditor) · General meeting of 12-07-2018 · Gazette deed
All 33 events

Official details

Source: KBO
Status
Active since 26-04-2005Normal situation
Activity
“Ontwerpen (design), ontwikkelen, produceren en verhandelen van meubelen, kleinmeubelen, gebruiksvoorwerpen van allerlei aard: speelgoed…” (deed in Dutch)From the articles, 13 activitiesNo NACE code in the KBO yet
Establishment unit
2.148.019.8642280 Grobbendonk, since 30-05-2005
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

€250,787▼ 5.8%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on DEVELOPMENT PRODUCTION TRADE

DEVELOPMENT PRODUCTION TRADE files the abbreviated format. That format states no turnover. The gross margin rose from -€9,728 in 2007 to €21,969 in 2025.

ALDHEM holds 93.66% of the shares.

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 DEVELOPMENT PRODUCTION TRADE

What is the company number of DEVELOPMENT PRODUCTION TRADE?
The company number of DEVELOPMENT PRODUCTION TRADE is 0873.475.595. The VAT number is the same number with BE in front: BE 0873.475.595.
Where is DEVELOPMENT PRODUCTION TRADE based?
The registered office is at Jagersdreef 1, 2280 Grobbendonk.Company details
What is the legal form of DEVELOPMENT PRODUCTION TRADE?
DEVELOPMENT PRODUCTION TRADE is a private limited company (BV).
When was DEVELOPMENT PRODUCTION TRADE founded?
DEVELOPMENT PRODUCTION TRADE was founded on 26-04-2005.
Is DEVELOPMENT PRODUCTION TRADE still active?
Yes, DEVELOPMENT PRODUCTION TRADE is an active enterprise in the KBO register.
What is the turnover of DEVELOPMENT PRODUCTION TRADE?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €21,969 and 2,728 comparable companies of the same size. It probably lies between €62,000 and €370,000. It is a rough estimate.Financials
Is DEVELOPMENT PRODUCTION TRADE profitable?
In financial year 2025, DEVELOPMENT PRODUCTION TRADE made a loss of €1,035.
Where can I find the annual accounts of DEVELOPMENT PRODUCTION TRADE?
DEVELOPMENT PRODUCTION TRADE filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEVELOPMENT PRODUCTION TRADE due?
DEVELOPMENT PRODUCTION TRADE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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