Financials
- Fiscal year
- 2025
- Turnover
- €110,968
- Profit
- €9,040
- Solvency
- 9.0%
Turnover▲ 15.5%
Net result
20192025
General Development
ActiveSummary
General Development has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82,732 and a net result of €9,040. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 5730 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711NACE 45111NACE 50101
1 site
Size
€110,968turnover 2025
- Equity
- €82,732
- Profit
- €9,040
Structure
Accounts 2 d early0 of 4 deeds read
Why 83- Liquidity: current ratio 0.37, cash €2,450- Equity €82,732 (9.0% of total assets)+ Size: turnover €110,968, total assets €920,098+ Founded in 1972Show the evidence
Checked score
Score 2025
83
/ 100
Excellent
Probability in this band: under 0.55%
Better than 40% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
34+2
equity 9.0% of total assets
Liquidity
41-2
short-term debt 24.7% · cash 0.3%
Profitability
32-32
return on assets 1.0%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● 0.0% vs 11-2024
01-2025: 0.4%▲ +4.7% vs 12-2024
02-2025: 0.4%▲ +1.4% vs 01-2025
03-2025: 0.3%▼ -6.9% vs 02-2025
04-2025: 0.5%▲ +59.3% vs 03-2025
05-2025: 0.3%▼ -43.6% vs 04-2025lowest value
06-2025: 0.3%● 0.0% vs 05-2025lowest value
07-2025: 0.3%● 0.0% vs 06-2025lowest value
08-2025: 0.3%● 0.0% vs 07-2025lowest value
09-2025: 0.3%● 0.0% vs 08-2025lowest value
10-2025: 0.3%▲ +2.6% vs 09-2025
11-2025: 0.3%▲ +2.9% vs 10-2025
12-2025: 0.3%▲ +3.4% vs 11-2025
01-2026: 0.3%▲ +4.8% vs 12-2025
02-2026: 0.4%▲ +1.4% vs 01-2026
03-2026: 0.3%▼ -3.4% vs 02-2026
04-2026: 0.6%▲ +69.4% vs 03-2026highest value
05-2026: 0.4%▼ -39.1% vs 04-2026
06-2026: 0.4%● 0.0% vs 05-2026
07-2026: 0.4%● 0.0% vs 06-2026
08-2026: 0.4%● 0.0% vs 07-2026
09-2026: 0.4%▲ +1.7% vs 08-2026
10-2026: 0.4%▲ +2.8% vs 09-2026
- Size: turnover €110,968, total assets €920,098 lowers the probability for this profile
- Liquidity: current ratio 0.37, cash €2,450 raises the probability
- Founded in 1972 lowers the probability for this profile
- Equity €82,732 (9.0% of total assets) raises the probability
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.64 in 2024; short-term debt: 24.7% and cash: 0.3% of total assets), and 91% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 22%, liquidity 39%, profitability 27%, growth against the median 72%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 5730 sector peers (2025).
NBB · sector comparisonPosition among 5730 sector peers
Solvency
better than 12%
← weakest
strongest →
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 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €82,732
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
7 d early
2022
4 d early
2021
13 d late
2020
on the day
2019
3 d 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 1 day before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 27 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
- Back to profitnet €1,660
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- Next accounts
- by 30-04-2027
- 28-04-2026Annual accounts filed
- 27-04-2025Annual accounts filed
- 30-09-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of cars and light vans (up to…NACE 46711
- Founded
- 20-11-1972
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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