Equity
€667,690 from €2.3m in 2011
Equity fell by 71% in 14 years.
NEXT GENERATION DEVELOPMENT
Lifetime
19 annual accounts with figures on one time axis, 32 filings since 1993peak €192,496 (2021)
€53,724▲ €87,453
lowest -€519,543 (2013)
-€31,057▲ €102,623
peak €2.3m (2011)
€667,690▼ 4.4%
€35,566▼ 3.2%
Board3 names since 2022
3 directors and 2 others
Owners2 names in the annual accounts
99.95%
Documentsfilings and deeds
26-12-202536 days before the deadline
2025financial year
Gross margin from -€33,729 to €53,724Loss of €31,057Registered office moved within Brussels 17-01Cash from €156 to €486
Key points
from the 2025 annual accountsLosses
-€203,987 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Turnover
≈ €110,000 estimated
The accounts state no turnover.
Filings
32 annual accounts 34 filings since 1993
Five of the last ten came late. The 2022 accounts came latest: 29 days after the end of the period.
At the same address
272 companies
Position in the sector
94.9%
Higher solvency than 91% of companies in real estate. Sector median 38.2% · 5,812 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as NEXT GENERATION DEVELOPMENT has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 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 8,617 companies, not a prediction for NEXT GENERATION 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
Managing director
Director
Director
- 99.95%score equity €2.2m (2025) · 30-09-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0446888995
Registered office moved within Brussels
New registered office: Avenue Louise 480, IT Tower 17ème étage à 1050 Bruxelles · Previous registered office: Avenue Georges Benoidt 21- 1170 Bruxelles · Board meeting of 27-12-2024 · Gazette deed
3 directors reappointed
(managing director), and · General meeting of 01-07-2023 · Gazette deed
Company renamed from PEGASE to NEXT GENERATION DEVELOPMENT
“1) Toutes opérations immobilières au sens le plus large du terme et notamment l’achat, la vente, l’échange, la…” (deed in French) · General meeting of 12-06-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| NEXT GENERATION DEVELOPMENT Ixelles | €703,256 | €53,724 | 94.9% | - |
| GEXINCON - IMMO Berchem-Sainte-Agathe | €750,337 | €56,172 | 63.2% | - |
| PROJECT & MANAGEMENT DEVELOPMENT Brussels | €682,660 | €44,889 | 63.2% | - |
| KODIAK Watermael-Boitsfort | €586,985 | €66,936 | 35.6% | - |
| TITANS Merelbeke-Melle | €741,019 | €52,116 | 48.9% | - |
| SECURIMMO Ostend | €640,961 | €52,524 | 80.0% | - |
| CONSTANCE Genappe | €627,209 | €56,456 | 74.0% | - |
These companies have the same main activity as NEXT GENERATION DEVELOPMENT: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €587,000 and €750,000, founded between 1990 and 1996.
Official details
Source: KBO- Status
- Active since 20-03-1992Normal situation
- Registered office
- 273 active companies are registered at this address19 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Real estate agency activitiesNACE 68310
- Establishment units
- 2.057.449.2811170 Watermael-Boitsfort, since 17-01-1996
- 2.136.586.9301050 Brussels, since 03-05-2002
- Financial year end
- 30 June
- Peppol
- Reachable since 24-12-2025
Annual accounts to 30-06-2025
- €703,256▼ 4.4%
- Filing
- Filed on 26-12-2025, 36 days before the end of the filing period
Insights on NEXT GENERATION DEVELOPMENT
NEXT GENERATION DEVELOPMENT has existed since 1992. The gross margin fell from €192,496 in 2021 to €8,787 in 2022.
holds all the shares. In September 2023, the Official Gazette published the appointment of as managing director.
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 NEXT GENERATION DEVELOPMENT
- What is the company number of NEXT GENERATION DEVELOPMENT?
- The company number of NEXT GENERATION DEVELOPMENT is 0446.888.995. The VAT number is the same number with BE in front: BE 0446.888.995.
- Where is NEXT GENERATION DEVELOPMENT based?
- The registered office is at Louizalaan 480, 1050 Ixelles.Company details
- What does NEXT GENERATION DEVELOPMENT do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of NEXT GENERATION DEVELOPMENT?
- NEXT GENERATION DEVELOPMENT is a public limited company (NV).
- When was NEXT GENERATION DEVELOPMENT founded?
- NEXT GENERATION DEVELOPMENT was founded on 20-03-1992.
- Is NEXT GENERATION DEVELOPMENT still active?
- Yes, NEXT GENERATION DEVELOPMENT is an active enterprise in the KBO register.
- What is the turnover of NEXT GENERATION DEVELOPMENT?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €53,724 and 32 comparable companies (NACE 683). It probably lies between €73,000 and €160,000.Financials
- Is NEXT GENERATION DEVELOPMENT profitable?
- In financial year 2025, NEXT GENERATION DEVELOPMENT made a loss of €31,057.
- Where can I find the annual accounts of NEXT GENERATION DEVELOPMENT?
- NEXT GENERATION DEVELOPMENT filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NEXT GENERATION DEVELOPMENT due?
- NEXT GENERATION DEVELOPMENT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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