NORTH DEVELOPMENT
ActiveSummary
NORTH DEVELOPMENT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€67,656) and a net result of -€42,167. Equity is shrinking by about 126% per year across the filed financial years. Its solvency ranks better than 13% of 11,120 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Directors
Owners and capital
Owners
1 ownerChain of control
- SCARAB Properties
- NORTH DEVELOPMENT
Highest known parent: SCARAB Properties. The sources do not say who stands above it.
Owners 1
- SCARAB Propertiesparent100%
Sources: the companies' annual accounts, 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.