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Funky Development

Active
Private limited companyfounded 2009active for 17 yearsMortagnelaan(Rol) 56, 8510 Kortrijk, BelgiumKBO/BCE: BE 0819.586.058
Summary

Funky Development has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,889 and a net result of €20,925. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 94% of 21,110 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
≈ €87,000turnover 2025, estimated
Equity
€122,889
Profit
€20,925
Turnover estimated from the gross margin
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Holdings
1
2025 accounts 84 days early1 of 7 deeds summarised
Why 94raises riskLiquidity: current ratio 7.79, cash €3,441lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Equity €122,889 (94.4% of total assets)Founded in 2009Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 94.4% of total assets
Liquidity 53+3
short-term debt 5.6% · cash 2.6%
Profitability 78-11
return on assets 16.1%
Bankruptcy probability, 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% (25,901 companies, NACE 62, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 0.6%● unchanged vs 05-2025highest value 07-2025: 0.6%● unchanged vs 06-2025highest value 08-2025: 0.6%● unchanged vs 07-2025highest value 09-2025: 0.6%● unchanged vs 08-2025highest value 10-2025: 0.6%● unchanged vs 09-2025highest value 11-2025: 0.6%● unchanged vs 10-2025highest value 12-2025: 0.6%● unchanged vs 11-2025highest value 01-2026: 0.2%▼ -0.4 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity ample (current ratio 7.79, compared with 4.88 in 2024, above the usual 1.5; short-term debt: 5.6% and cash: 2.6% of total assets), and 5.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 85% on solvency, 35% on liquidity, 37% on profitability and 66% on growth.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €122,889 (94.4% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 7.79, cash €3,441
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
84 days early
2024
120 days early
2023
89 days early
2022
53 days early
2021
11 days early
2020
30 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 62 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% 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 May (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Liquidity more than doubledcurrent ratio 4.88

Financials · financial year 2025, micro format

Turnover
≈ €87,000
Estimated: probably between €68,000 and €120,000
Total assets
€130,200▲ 19.1%
2024 · €109,358
Net result
€20,925▲ 16.6%
2024 · €17,940
Working capital
€49,640▲ 72.9%
2024 · €28,715
Trend over the years

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

The operating result recovers in 2025; 2025 is 6% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€25,983 2025 Net result€20,925 2025

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

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€6,670-€12,042€31,676▲ 163%€3,657▼ 88.5%€15,279▲ 318%€26,644▲ 74.4%€24,600▼ 7.7%€25,983▲ 5.6%
Net result-€10,033-€8,800€22,366within the sector's middle half▲ 154%€1,708below the sector's middle half▼ 92.4%€9,612within the sector's middle half▲ 463%€18,374within the sector's middle half▲ 91.2%€17,940within the sector's middle half▼ 2.4%€20,925within the sector's middle half▲ 16.6%
Equity€25,597-€34,397▲ 34.4%€56,763within the sector's middle half▲ 65.0%€57,672within the sector's middle half▲ 1.6%€66,483within the sector's middle half▲ 15.3%€84,024within the sector's middle half▲ 26.4%€101,964within the sector's middle half▲ 21.4%€122,889within the sector's middle half▲ 20.5%
Total assets€83,123-€82,903▼ 0.3%€97,404within the sector's middle half▲ 17.5%€90,866within the sector's middle half▼ 6.7%€87,238within the sector's middle half▼ 4.0%€97,604within the sector's middle half▲ 11.9%€109,358within the sector's middle half▲ 12.0%€130,200within the sector's middle half▲ 19.1%
Debt€57,526-€48,507▼ 15.7%€40,641▼ 16.2%€33,195▼ 18.3%€20,755▼ 37.5%€13,580▼ 34.6%€7,395▼ 45.5%€7,312▼ 1.1%
Working capital-€26,910--€27,620▼ 2.6%-€12,564below the sector's middle half▲ 54.5%-€10,879below the sector's middle half▲ 13.4%-€8,158below the sector's middle half▲ 25.0%€10,775below the sector's middle half€28,715within the sector's middle half▲ 166%€49,640within the sector's middle half▲ 72.9%
Solvency30.8%-41.5%▲ 10.7pp58.3%within the sector's middle half▲ 16.8pp63.5%within the sector's middle half▲ 5.2pp76.2%within the sector's middle half▲ 12.7pp86.1%above the sector's middle half▲ 9.9pp93.2%above the sector's middle half▲ 7.2pp94.4%above the sector's middle half▲ 1.1pp
Current ratio0.40-0.41▲ 0.010.58below the sector's middle half▲ 0.170.56below the sector's middle half▼ 0.020.61below the sector's middle half▲ 0.051.79within the sector's middle half▲ 1.194.88within the sector's middle half▲ 3.097.79above the sector's middle half▲ 2.91
Return on assets (ROA)-12.1%-10.6%▲ 22.7pp23.0%within the sector's middle half▲ 12.3pp1.9%below the sector's middle half▼ 21.1pp11.0%within the sector's middle half▲ 9.1pp18.8%within the sector's middle half▲ 7.8pp16.4%within the sector's middle half▼ 2.4pp16.1%within the sector's middle half▼ 0.3pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,200
Fixed assets €73,249 =
Current assets €56,952 ▲ 57.7%
Equity and liabilities €130,200
Equity €122,889 ▲ 20.5%
Debt €7,312 ▼ 1.1%
Debt's share of the balance-sheet total falls from 6.8% to 5.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.06▼
2024 · 0.07
ROE
17.0%▼
2024 · 17.6%
Debt ≤ 1 year
€7,312▼
2024 · €7,395
Income taxes
€10,941▲
2024 · €6,496
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€109,358€130,200▲
Fixed assets21/28€73,249€73,249=
Financial fixed assets28€73,249€73,249=
Current assets29/58€36,110€56,952▲
Amounts receivable within one year40/41€35,839€53,510▲
Trade receivables40€15,067€9,815▼
Other amounts receivable41€20,772€43,695▲
Current investments50/53€0-
Cash at bank and in hand54/58€81€3,441▲
Deferred charges and accrued income490/1€190-
Equity and liabilities
Total equity and liabilities10/49€109,358€130,200▲
Equity10/15€101,964€122,889▲
Contributions10/11€35,222€35,222=
Reserves13€48,802€68,802▲
Distributable reserves133€48,802€68,802▲
Profit (loss) carried forward14€17,940€18,865▲
Amounts payable17/49€7,395€7,312▼
Amounts payable within one year42/48€7,395€7,312▼
Financial debts43€635-
Other loans439€635-
Trade debts44€485€863▲
Suppliers440/4€485€863▲
Taxes, remuneration and social security45€6,274€6,449▲
Taxes450/3€6,274€6,449▲
Other amounts payable47/48€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9,421-
Other operating charges640/8€1,142€762▼
Gross operating margin9900€35,162€26,745▼
Operating profit (loss)9901€24,600€25,983▲
Financial income75/76B€70€6,104▲
Recurring financial income75€70€1,972▲
Non-recurring financial income76B-€4,132
Financial charges65/66B€234€220▼
Recurring financial charges65€234€220▼
Profit (loss) for the period before taxes9903€24,435€31,867▲
Income taxes67/77€6,496€10,941▲
Profit (loss) for the period9904€17,940€20,925▲
Profit (loss) for the period to be appropriated9905€17,940€20,925▲
Appropriation of the result
Profit (loss) to be appropriated9906€17,940€38,865▲
Profit (loss) brought forward from the previous period14P-€17,940
Transfer to equity691/2€0€20,000▲
To other reserves6921€0€20,000▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€631€631€1,551€2,944€2,632€1,393€0--
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€9,421--
Other operating charges640/8---€999€1,008€1,097€1,142€762▼ 33.3%
Gross operating margin9900-€4,899€13,655€34,222€7,600€18,919€29,134€35,162€26,745▼ 23.9%
Operating profit (loss)9901-€6,670€12,042€31,676€3,657€15,279€26,644€24,600€25,983▲ 5.6%
Financial income75/76B---€1€0€5€70€6,104▲ 87×
Recurring financial income75€1€0€0€1€0€5€70€1,972▲ 28×
Non-recurring financial income76B-------€4,132-
Financial charges65/66B---€834€765€21€234€220▼ 6.0%
Recurring financial charges65€3,147€2,686€1,173€834€765€21€234€220▼ 6.0%
Profit (loss) for the period before taxes9903-€9,817€9,356€30,503€2,824€14,514€26,627€24,435€31,867▲ 30.4%
Income taxes67/77€217€556€8,136€1,116€4,902€8,254€6,496€10,941▲ 68.4%
Profit (loss) for the period9904-€10,033€8,800€22,366€1,708€9,612€18,374€17,940€20,925▲ 16.6%
Profit (loss) for the period to be appropriated9905-€10,033€8,800€22,366€1,708€9,612€18,374€17,940€20,925▲ 16.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€83,123€82,903€97,404€90,866€87,238€97,604€109,358€130,200▲ 19.1%
Fixed assets21/28€65,254€63,623€80,218€77,274€74,641€73,249€73,249€73,249=
Tangible fixed assets22/27€1,254€623€6,969€4,025€1,393€0---
Furniture and vehicles24---€4,025€1,393€0---
Financial fixed assets28€64,000€63,000€73,249€73,249€73,249€73,249€73,249€73,249=
Current assets29/58€17,870€19,280€17,186€13,593€12,597€24,356€36,110€56,952▲ 57.7%
Amounts receivable within one year40/41€17,060€18,288€9,673€5,802€10,206€21,629€35,839€53,510▲ 49.3%
Trade receivables40---€4,313€8,851€13,534€15,067€9,815▼ 34.9%
Other amounts receivable41---€1,488€1,355€8,096€20,772€43,695▲ 110%
Current investments50/53€99€9€0--€1,000€0--
Cash at bank and in hand54/58--€7,513€7,791€2,022€1,332€81€3,441▲ 43×
Deferred charges and accrued income490/1----€369€394€190--
Equity and liabilities
Total equity and liabilities10/49€83,123€82,903€97,404€90,866€87,238€97,604€109,358€130,200▲ 19.1%
Equity10/15€25,597€34,397€56,763€57,672€66,483€84,024€101,964€122,889▲ 20.5%
Contributions10/11€35,222€35,222-€35,222€35,222€35,222€35,222€35,222=
Reserves13€409€409€409€22,450€31,261€48,802€48,802€68,802▲ 41.0%
Non-distributable reserves130/1---€409€409€0---
Reserves not available under the articles1311---€409€409€0---
Distributable reserves133---€22,041€30,853€48,802€48,802€68,802▲ 41.0%
Profit (loss) carried forward14-€10,033-€1,234€21,133€0€0€0€17,940€18,865▲ 5.2%
Amounts payable17/49€57,526€48,507€40,641€33,195€20,755€13,580€7,395€7,312▼ 1.1%
Amounts payable after more than one year17€11,141--------
Amounts payable within one year42/48€44,779€46,901€29,750€24,471€20,755€13,580€7,395€7,312▼ 1.1%
Current portion of amounts payable after more than one year42---€0-----
Financial debts43------€635--
Other loans439------€635--
Trade debts44€4,400€2,276€1,599€702€79€2,018€485€863▲ 77.8%
Suppliers440/4---€702€79€2,018€485€863▲ 77.8%
Taxes, remuneration and social security45---€3,001€5,818€10,979€6,274€6,449▲ 2.8%
Taxes450/3---€3,001€5,818€10,979€6,274€6,449▲ 2.8%
Other amounts payable47/48---€20,768€14,858€583€0--
Accrued charges and deferred income492/3---€8,724€0----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€10,033€8,800€22,366€1,708€9,612€18,374€17,940€20,925▲ 16.6%
+ Depreciation and write-downs630€631€631€1,551€2,944€2,632€1,393€0--
Operating cash flow (approximation)-€9,403€9,430€23,918€4,652€12,244€19,766€17,940€20,925▲ 16.6%
Investment in fixed assets (approximation)-€1,000-€18,146€0€0€0€0€0-
Change in cash---€278-€5,769-€690-€1,252€3,361-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 08-05-2026 2026-00105955
31-12-2024 micro format 02-04-2025 2025-00063744
31-12-2023 micro format 03-05-2024 2024-00082851
31-12-2022 micro format 08-06-2023 2023-00116844
31-12-2021 micro format 20-07-2022 2022-20210979
31-12-2020 micro format 01-07-2021 2021-28700378
31-12-2019 micro format 15-06-2020 2020-17000490
31-12-2018 micro format 28-06-2019 2019-24800287
31-12-2017 micro format 06-07-2018 2018-30200391
31-12-2016 abbreviated format 30-06-2017 2017-24500587

Show all 16 filings

Similar companies · same sector, comparable size

Of the 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 9,006. 7,036 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
DEBONNET Joris
Statutory director · since 08-12-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 7 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DEBONNET Joris
  • Statutory manager, until 08-12-2023
  • Statutory director, from 08-12-2023 to date
Lagast
  • Manager, until 08-12-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 08-12-2023 Converted to unavailable equity

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of Funky Development and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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

History

On 13 October 2009, Funky Development was incorporated.1 In 2023 the registered office moved to Kortrijk.2 Total assets went from €83,123 in 2018 to €130,200 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-12-2023
  3. 3National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
08-05
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
02-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Liquidity more than doubledcurrent ratio 4.88
Current ratio from 1.79 to 4.88; short-term debt falls from €13,580 to €7,395.
31-12
Financial Equity above €100,000equity €101,964 ▲21.4%
6 profitable years in a row build equity to €101,964.
03-05
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Liquidity more than doubledcurrent ratio 1.79
Current ratio from 0.61 to 1.79; short-term debt falls from €20,755 to €13,580.
08-12
Gazette deed Permanent representative: Jan Lagast
Resignations: LAGAST (manager) and DEBONNET Joris (statutory manager) · Appointment: DEBONNET Joris (statutory director) · Registered-office move11 facts ▸
  • Registered-office move, 8510 Kortrijk,Mortagnelaan 56
  • Power of attorney
  • General meeting, “buitengewone algemene vergadering” (deed in Dutch)
  • Permanent representative, Jan Lagast
  • Director resignation, LAGAST (manager)
  • Amendment of the articles (5 times)
  • Director resignation, DEBONNET Joris (statutory manager)
  • Director appointment, DEBONNET Joris (statutory director) (2 times)
  • Director discharge, DEBONNET Joris
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Other provision, “vormen en meerderheden van statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
08-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
20-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
01-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Highest result from 2018 to 2025net €22,366 ▲154%
Operating result €31,676, net result €22,366, both a record.
15-06
NBB filing Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
31-12
Financial Back to profitnet €8,800
Net result €8,800 after one loss-making year.
28-06
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
06-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
30-06
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
1 of 7 deeds read
About the unread acts

Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded13-10-2009
Financial year end31-12
Abbreviation NL FunkyDev
Activities, NACEBEL 2025
62100Computer programming
47400Retail sale of information and communication equipment
62900Other information technology and computer services
77330Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0819586058
Registered 02-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2009
registered office establishment The establishment unit on the map
Ground area
1,048 m²
Building footprint
235 m²
Building volume
1,247 m³
2 parcels, Flanders · tallest building 11.5 m. Linked by address, not a title deed.
1 establishment unit
Funky Development
Marksesteenweg(Kor) 45, 8500 KortrijkWholesale of information and communication equipment
since 2009unit no. 2.182.527.021
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
34005C0740/00E000 Flanders 750 m² 1 · 156 m² 6.7 m · 1
34022E0560/00R008 Flanders 299 m² 1 · 78 m² 11.5 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Funky Development
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 08-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, bestuur” (deed in Dutch)
“Bevoegdheden, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)

deed of 08-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Friday of May at 14:00

deed of 08-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 08-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Elk aandeel recht op gelijk aandeel, winstverdeling” (deed in Dutch)
3 more provisions in the deed, see the deed of 08-12-2023

deed of 08-12-2023