GLOBAL DEVELOPMENTS
ActiveSummary
GLOBAL DEVELOPMENTS has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289,581 and a net result of €12,995. Equity is growing by about 45% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €289,581
- Profit
- €12,995
Why 95lowers riskSize: total assets €402,472Liquidity: current ratio 8.22, cash €161,874Equity €289,581 (72.0% of total assets)Founded in 2008Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro): better than 60% on solvency, 89% on liquidity, 34% on profitability and 60% on growth.
The bankruptcy probability was computed on 21-10-2026 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
This company filed its last 7 accounts on average 46 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €12,995
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €17,598 after a loss of €4,768 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
- 2022 Net result +11,908% on 2021. The accounts now follow the micro format, last year the abbreviated format.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €379,453 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,800 | €13,800 | €13,800 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,943 | €102 | €109 | €118 | ▲ 8.3% |
| Gross operating margin9900 | €19,602 | €16,805 | €18,151 | €345,724 | €3,028 | -€4,659 | €17,716 | - |
| Operating profit (loss)9901 | €3,961 | €1,328 | €2,512 | €343,782 | €2,926 | -€4,768 | €17,598 | - |
| Financial income75/76B | - | - | - | - | - | €3,639 | €1,794 | ▼ 50.7% |
| Recurring financial income75 | - | - | - | - | - | €3,639 | €1,794 | ▼ 50.7% |
| Financial charges65/66B | - | - | - | €82 | €244 | €219 | €248 | ▲ 13.2% |
| Recurring financial charges65 | €126 | €132 | €105 | €82 | €244 | €219 | €248 | ▲ 13.2% |
| Profit (loss) for the period before taxes9903 | €3,835 | €1,197 | €2,406 | €343,700 | €2,682 | -€1,348 | €19,144 | - |
| Income taxes67/77 | - | - | €499 | €114,632 | €764 | - | €6,149 | - |
| Profit (loss) for the period9904 | €3,835 | €1,197 | €1,908 | €229,068 | €1,918 | -€1,348 | €12,995 | - |
| Profit (loss) for the period to be appropriated9905 | €3,835 | €1,197 | €1,908 | €229,068 | €1,918 | -€1,348 | €12,995 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €214,010 | €204,907 | €194,532 | €550,864 | €428,388 | €412,802 | €402,472 | ▼ 2.5% |
| Fixed assets21/28 | €200,100 | €186,300 | €172,500 | - | - | - | - | - |
| Tangible fixed assets22/27 | €200,100 | €186,300 | €172,500 | - | - | - | - | - |
| Current assets29/58 | €13,910 | €18,607 | €22,032 | €550,864 | €428,388 | €412,802 | €402,472 | ▼ 2.5% |
| Amounts receivable within one year40/41 | €11,578 | €17,413 | €16,571 | €50,816 | €41,515 | €137,015 | €240,598 | ▲ 75.6% |
| Other amounts receivable41 | - | - | - | €50,816 | €41,515 | €137,015 | €240,598 | ▲ 75.6% |
| Current investments50/53 | - | - | - | - | - | €150,000 | - | - |
| Cash at bank and in hand54/58 | €873 | €1,194 | €5,461 | €500,047 | €386,873 | €125,787 | €161,874 | ▲ 28.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €214,010 | €204,907 | €194,532 | €550,864 | €428,388 | €412,802 | €402,472 | ▼ 2.5% |
| Equity10/15 | €43,844 | €45,040 | €46,948 | €276,016 | €277,934 | €276,586 | €289,581 | ▲ 4.7% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €230,928 | €232,846 | €232,846 | €245,841 | ▲ 5.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €229,068 | €230,986 | €230,986 | €243,981 | ▲ 5.6% |
| Profit (loss) carried forward14 | €23,384 | €24,580 | €26,488 | €26,488 | €26,488 | €25,140 | €25,140 | = |
| Amounts payable17/49 | €170,166 | €159,867 | €147,584 | €274,847 | €150,454 | €136,216 | €112,891 | ▼ 17.1% |
| Amounts payable after more than one year17 | €125,903 | €117,062 | €104,280 | €117,411 | €106,885 | €93,412 | €63,938 | ▼ 31.6% |
| Financial debts170/4 | - | - | - | €117,411 | €106,885 | €93,412 | €63,938 | ▼ 31.6% |
| Amounts payable within one year42/48 | €44,263 | €42,804 | €43,303 | €157,436 | €43,569 | €42,804 | €48,953 | ▲ 14.4% |
| Trade debts44 | €1,459 | - | - | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €114,632 | €764 | - | €6,149 | - |
| Taxes450/3 | - | - | - | €114,632 | €764 | - | €6,149 | - |
| Other amounts payable47/48 | - | - | - | €42,804 | €42,804 | €42,804 | €42,804 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,835 | €1,197 | €1,908 | €229,068 | €1,918 | -€1,348 | €12,995 | - |
| + Depreciation and write-downs630 | €13,800 | €13,800 | €13,800 | - | - | - | - | - |
| Operating cash flow (approximation) | €17,635 | €14,997 | €15,708 | €229,068 | €1,918 | -€1,348 | €12,995 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - | - | - |
| Change in cash | - | €321 | €4,267 | €494,587 | -€113,175 | -€261,086 | €36,087 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 22-12-2025 | 2025-00587333 |
| 30-06-2024 | micro format | 11-12-2024 | 2024-00613842 |
| 30-06-2023 | micro format | 13-12-2023 | 2023-00527039 |
| 30-06-2022 | micro format | 19-12-2022 | 2022-20539641 |
| 30-06-2021 | abbreviated format | 13-12-2021 | 2021-80000490 |
| 30-06-2020 | abbreviated format | 14-12-2020 | 2020-75400294 |
| 30-06-2019 | abbreviated format | 17-12-2019 | 2019-76400308 |
| 30-06-2018 | abbreviated format | 12-12-2018 | 2018-74400087 |
| 30-06-2017 | abbreviated format | 06-12-2017 | 2017-71200508 |
| 30-06-2016 | abbreviated format | 15-12-2016 | 2016-70100543 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Cornelia ABRAHAMS |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-05
Gazette deed
Appointment: Cornelia ABRAHAMS (director)Permanent representative: Cornelia ABRAHAMS · Amendment of the articles · Capital conversion7 facts ▸
- General meeting, 02-05-2024
- Amendment of the articles (2 times)
- Capital conversion, “werkelijk gestort kapitaal, wettelijke reserve” (deed in Dutch)
- Reserve release, “volledige opheffing statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
- Registered office clause, “Turnhoutsebaan 129,2400 Mol” (deed in Dutch)
- Director appointment, Cornelia ABRAHAMS (director)
- Permanent representative, Cornelia ABRAHAMS
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13435C0019/00Y000 | Flanders | 1,135 m² | 1 · 300 m² | 10.0 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het voeren van bedrijfsmanagement in de meest ruime zin van het woord,daarin begrepen het uitoefenen van de functie van bestuurder of…” (deed in Dutch)
12 activities (deed in Dutch)
- Het voeren van bedrijfsmanagement in de meest ruime zin van het woord,daarin begrepen het uitoefenen van de functie van bestuurder of vereffenaar van andere vennootschappen
- Het nemen van participaties in vennootschappen,het aankopen en verkopen van ondernemingen,het aankopen van activa en passiva van ondernemingen
- Het verrichten van alle dienstverleningen aan derden,die betrekking hebben op het commercieel,administratief,financieel,boekhoudkundig en fiscaal beleid van ondernemingen en particulieren,alsook de computerverwerking en de programmering in dit verband in de meest ruime zin
- Het maken van alle studies en het verstrekken van adviezen met betrekking tot administratie,organisatie en beheer van ondernemingen
- Handelsbemiddeling
- Het onderzoek naar de omvang van de markt voor bepaalde producten,de ontvangst en de bekendheid van producten en koopgewoonten,met het oog op de verkoopbevordering en de ontwikkeling van nieuwe producten
- Het verlenen van advies en praktische hulp aan de bedrijven inzake public relations en communicatie
- Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding
- Management activiteiten van holdings: het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere management activiteiten
- Het op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren
- Het beheer van rechten die verbonden zijn aan literaire,muzikale,of andere kunstwerken,exclusief filmrechten en rechten op audiovisuele producten
- Aankopen,verkopen,en verhuren van eigen onroerende goederen en het actief beheer van een eigen onroerend patrimonium
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GLOBAL DEVELOPMENTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
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.
- “Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, 1” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of December
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na aanzuivering schulden,lasten,kosten of consignatie, herstelling evenwicht bij niet-volgestorte aandelen door bijkomende volstorting of…” (deed in Dutch)