Active BE 0794.593.712Private limited company

Partners in Development

Karenveldstraat 8 ·1745 Opwijk, Belgium· 3 yrs active

Sector: Ontwikkeling van residentiële bouwprojecten (68121)

Conclusion Checked

The computed 12-month bankruptcy probability of Partners in Development is 0.7% (low). The 2025 annual accounts show equity of €203k and a net result of €7k. Its solvency ranks better than 28% of 528 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€203k
Net result	€7k
Better than sector	28%
Active	3 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

49 / 100

Mixed profile: strong on stability, weaker on solvency.

All 5 axes are computed from data Checked has read.

Health 41

Profitability 17

Solvency 15

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2025 · computed

41 / 100 Weak

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 12-03-2026 with the NBB · fiscal year 2025 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	4.1%	16.2%	better than 28% of 528 sector peers
Net result	€7k	€6k	better than 51% of 528 sector peers
Equity	€203k	€152k	better than 54% of 528 sector peers
Gross operating margin	€67	€78k	better than 21% of 527 sector peers
Total assets	€4.99M	€1.34M	better than 77% of 528 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-320

+90.8% 24-25

Net profit

€7k

- 24-25

Cash flow

€7k

- 24-25

Total assets

€4.99M

+98.6% 24-25

Equity

€203k

+3.6% 24-25

Working capital

€203k

+3.5% 24-25

Income taxes

€744

+287.0% 24-25

Debt

€4.79M

+106.7% 24-25

Debt ≤ 1y

€4.79M

+106.7% 24-25

Current ratio

1.04

-3.9% 24-25

Quick ratio

0.26

-32.9% 24-25

Solvency

4.1%

-47.9% 24-25

Debt / equity

23.61

+99.5% 24-25

ROE

3.5%

- 24-25

ROA

0.1%

- 24-25

Interest coverage

-1.19

+94.0% 24-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	verkort
Revenue	-
EBITDA	€-320
Net profit	€7k
Cash flow	€7k
Staff costs	-
Income taxes	€744
Dividends	-
Total assets	€4.99M
Equity	€203k
Debt	€4.79M
of which ≤ 1y	€4.79M
of which > 1y	-
Working capital	€203k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	1.04
Quick ratio	0.26
Working capital ratio	4.1%
Solvency	4.1%
Debt / equity	23.61
Long-term debt ratio	-
Interest coverage	-1.19
Gross margin	-
Net margin	-
ROA	0.1%
ROE	3.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Current assets €4.99M · 100.0%

Equity & liabilities

Equity €203k · 4.1% Debt €4.79M · 95.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€4.99M
Fixed assets	21/28	€150
Financial fixed assets	28	€150
Current assets	29/58	€4.99M
Stocks & contracts in progress	3	€3.75M
Amounts receivable within one year	40/41	€74k
Cash & bank	54/58	€1.16M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€4.99M
Equity	10/15	€203k
Contributions / capital	10/11	€200k
Accumulated profits (losses)	14	€3k
Amounts payable	17/49	€4.79M
Amounts payable within one year	42/48	€4.79M
Trade debts payable within one year	44	€287k
Income statement
Gross operating margin	9900	€67
Operating result	9901	€-320
Financial income	75	€8k
Financial charges	65	€268
Result before taxes	9903	€8k
Income taxes	67/77	€744
Net result for the period	9904	€7k
Result to be appropriated	9905	€7k

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Ratios computed by Checked.

Legal Structure

NACE primary	Ontwikkeling van residentiële bouwprojecten(68121)
Legal form	Private limited company(610)
Incorporation	09-12-2022
Status	Active
Postal code	1745

Establishment units 1 location

Partners in Development

Karenveldstraat 8, 1745 OpwijkOntwikkeling van residentiële bouwprojecten

since 20222.339.177.566

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23752F0227/00N002	Flanders	675 m²	1 · 103 m²	9.8 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

12-03-2026

NBB filing Annual accounts filed

fiscal year 2025 · verkort

2025

17-03-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

Credit advice verdict per customer and amount

AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Company registry (CBE) Crossroads Bank

Activities

Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121

Primary activity highlighted.

Names & trade names

Legal nameNL	Partners in Development
AbbreviationNL	PID

Registered office

Karenveldstraat 8 bus a

1745 Opwijk, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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