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PEOPLE DEVELOPMENT

Active
Private limited companyfounded 2000active for 26 yearsTiensevest 146, 3000 Leuven, BelgiumKBO/BCE: BE 0471.483.445

Financials · financial year 2026, micro format

Annual accounts 2026 filed on 31-07-2026 at the NBB all 26 filings

Turnover
≈ €91,000
Estimated: probably between €69,000 and €130,000
Total assets
€100,848=
2025 · €100,816
Net result
€9,748▼ 37.9%
2025 · €15,688
Working capital
€81,796▲ 15.4%
2025 · €70,890
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result for 2026 is 36% lower than in 2025. It is the second fall in a row.

Operating result€15,651 2026 Net result€9,748 2026

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Human health activities (NACE 86). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€15,068-€690▼ 95.4%€31,826▲ 46×€9,932▼ 68.8%€6,898▼ 30.6%€28,886▲ 319%€24,350▼ 15.7%€15,651▼ 35.7%
Net result€9,180-€541▼ 94.1%€21,719within the sector's middle half▲ 40×€2,694below the sector's middle half▼ 87.6%€4,675below the sector's middle half▲ 73.5%€19,461below the sector's middle half▲ 316%€15,688below the sector's middle half▼ 19.4%€9,748▼ 37.9%
Equity€87,517-€88,058▲ 0.6%€109,777within the sector's middle half▲ 24.7%€112,471within the sector's middle half▲ 2.5%€77,146within the sector's middle half▼ 31.4%€69,432within the sector's middle half▼ 10.0%€85,119within the sector's middle half▲ 22.6%€94,867▲ 11.5%
Total assets€135,863-€110,546▼ 18.6%€134,037below the sector's middle half▲ 21.2%€129,121below the sector's middle half▼ 3.7%€125,925below the sector's middle half▼ 2.5%€97,145below the sector's middle half▼ 22.9%€100,816below the sector's middle half▲ 3.8%€100,848=
Debt€48,346-€22,488▼ 53.5%€24,260▲ 7.9%€16,650▼ 31.4%€48,779▲ 193%€27,713▼ 43.2%€15,697▼ 43.4%€5,981▼ 61.9%
Working capital€22,284-€36,071▲ 61.9%€71,975within the sector's middle half▲ 99.5%€93,781within the sector's middle half▲ 30.3%€50,510within the sector's middle half▼ 46.1%€51,096within the sector's middle half▲ 1.2%€70,890within the sector's middle half▲ 38.7%€81,796▲ 15.4%
Solvency64.4%-79.7%▲ 15.2pp81.9%within the sector's middle half▲ 2.2pp87.1%above the sector's middle half▲ 5.2pp61.3%within the sector's middle half▼ 25.8pp71.5%within the sector's middle half▲ 10.2pp84.4%above the sector's middle half▲ 13.0pp94.1%▲ 9.6pp
Current ratio1.47-2.60▲ 1.133.97within the sector's middle half▲ 1.366.63above the sector's middle half▲ 2.672.04within the sector's middle half▼ 4.602.84within the sector's middle half▲ 0.815.52within the sector's middle half▲ 2.6714.68▲ 9.16
Return on assets (ROA)6.8%-0.5%▼ 6.3pp16.2%within the sector's middle half▲ 15.7pp2.1%below the sector's middle half▼ 14.1pp3.7%below the sector's middle half▲ 1.6pp20.0%within the sector's middle half▲ 16.3pp15.6%within the sector's middle half▼ 4.5pp9.7%▼ 5.9pp
above within below The sector band is the middle half of the companies in Human health activities (NACE 86). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €100,848
Fixed assets €13,072 ▼ 8.1%
Current assets €87,776 ▲ 1.4%
Equity and liabilities €100,848
Equity €94,867 ▲ 11.5%
Debt €5,981 ▼ 61.9%
Debt's share of the balance-sheet total falls from 15.6% to 5.9%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€19,809▼
2025 · €28,456
Cash flow
€13,906▼
2025 · €19,794
Debt to equity
0.06▼
2025 · 0.18
ROE
10.3%▼
2025 · 18.4%
Interest coverage
over 100
2025 · over 100
Debt ≤ 1 year
€5,981▼
2025 · €15,697
Income taxes
€6,464▼
2025 · €8,908
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item31-03-202231-03-202331-03-202431-03-202531-03-2026
Tangible fixed assets€1,786€15,528--€3,000
Depreciation and write-downs of the year€20,898€7,582€8,301€4,106€4,158

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as PEOPLE DEVELOPMENT: nutrition and dietetics services (NACE 86995). They are comparable in size and age: total assets between €91,400 and €130,000, founded between 2001 and 2006.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
PEOPLE DEVELOPMENT Leuven2000€100,848€94,867€30,106€9,7482026
OSTEOPATHIE JOHAN SCHELPE Roeselare2004€96,548-€140,639€28,638€1,7782025
LNS Consulting Eghezée2004€119,474€56,853€32,847-€17,1642025
ADMINE Walhain2001€105,310€76,519€44,006€10,4632025
HARMONIA VISION Gent2006€106,437€71,899€27,049€1,7442025
ACTIFIT Ukkel2006€91,421€18,296€26,471€1,0962025
DI MAMPI Mechelen2003€129,753€99,222€41,895€3,4192025

They were chosen from the 920 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 31,368 companies had the same profile as PEOPLE DEVELOPMENT has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PEOPLE DEVELOPMENT itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for PEOPLE 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 44 lines

Source: Annual accounts 2026 at the NBB, filed on 31-07-2026.

Balance sheet Code20252026
Assets
Total assets20/58€100,816€100,848=
Fixed assets21/28€14,230€13,072▼
Tangible fixed assets22/27€13,750€12,592▼
Plant, machinery and equipment23€1,874€3,650▲
Furniture and vehicles24€3,498€1,847▼
Other tangible fixed assets26€8,378€7,094▼
Financial fixed assets28€480€480=
Current assets29/58€86,586€87,776▲
Amounts receivable within one year40/41€10,373€14,176▲
Trade receivables40€9,976€7,349▼
Other amounts receivable41€397€6,827▲
Current investments50/53€69,340€66,370▼
Cash at bank and in hand54/58€5,467€5,813▲
Deferred charges and accrued income490/1€1,406€1,417▲
Equity and liabilities
Total equity and liabilities10/49€100,816€100,848=
Equity10/15€85,119€94,867▲
Contributions10/11€2,000€2,000=
Reserves13€82,222€91,970▲
Distributable reserves133€82,222€91,970▲
Profit (loss) carried forward14€897€897=
Amounts payable17/49€15,697€5,981▼
Amounts payable within one year42/48€15,697€5,981▼
Trade debts44€4,856€1,526▼
Suppliers440/4€4,856€1,526▼
Taxes, remuneration and social security45€8,021€4,369▼
Taxes450/3€5,755€2,719▼
Remuneration and social security454/9€2,266€1,649▼
Other amounts payable47/48€2,819€86▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,106€4,158▲
Other operating charges640/8€12,125€10,297▼
Gross operating margin9900€40,581€30,106▼
Operating profit (loss)9901€24,350€15,651▼
Financial income75/76B€246€561▲
Recurring financial income75€246€561▲
Financial charges65/66B€0€0▼
Recurring financial charges65€0€0▼
Profit (loss) for the period before taxes9903€24,595€16,212▼
Income taxes67/77€8,908€6,464▼
Profit (loss) for the period9904€15,688€9,748▼
Profit (loss) for the period to be appropriated9905€15,688€9,748▼
Appropriation of the result
Profit (loss) to be appropriated9906€16,585€10,645▼
Profit (loss) brought forward from the previous period14P€897€897=
Transfer to equity691/2€15,688€9,748▼
To other reserves6921€15,688€9,748▼

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20192020202120222023202420252026Change
Non-recurring operating income76A---€2,715-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,815€28,417€21,623€20,898€7,582€8,301€4,106€4,158▲ 1.3%
Other operating charges640/8---€8,792€10,274€8,387€12,125€10,297▼ 15.1%
Gross operating margin9900€47,679€38,928€62,250€39,622€24,754€45,574€40,581€30,106▼ 25.8%
Operating profit (loss)9901€15,068€690€31,826€9,932€6,898€28,886€24,350€15,651▼ 35.7%
Financial income75/76B---€1,084€863€826€246€561▲ 128%
Recurring financial income75€39€2,137€916€1,084€863€826€246€561▲ 128%
Financial charges65/66B---€3€0€1€0€0▼ 44.4%
Recurring financial charges65€114€659€55€3€0€1€0€0▼ 44.4%
Profit (loss) for the period before taxes9903€14,993€2,168€32,686€11,013€7,761€29,711€24,595€16,212▼ 34.1%
Income taxes67/77€5,813€1,627€10,967€8,319€3,086€10,251€8,908€6,464▼ 27.4%
Profit (loss) for the period9904€9,180€541€21,719€2,694€4,675€19,461€15,688€9,748▼ 37.9%
Transfer from tax-exempt reserves789---€15,401-----
Profit (loss) for the period to be appropriated9905€9,180€541€21,719€18,095€4,675€19,461€15,688€9,748▼ 37.9%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€135,863€110,546€134,037€129,121€125,925€97,145€100,816€100,848=
Fixed assets21/28€66,441€51,987€37,802€18,690€26,636€18,335€14,230€13,072▼ 8.1%
Tangible fixed assets22/27€65,961€51,507€37,322€18,210€26,156€17,855€13,750€12,592▼ 8.4%
Plant, machinery and equipment23----€3,339€2,606€1,874€3,650▲ 94.8%
Furniture and vehicles24---€2,682€7,224€5,148€3,498€1,847▼ 47.2%
Other tangible fixed assets26---€15,528€15,593€10,101€8,378€7,094▼ 15.3%
Financial fixed assets28€480€480€480€480€480€480€480€480=
Current assets29/58€69,421€58,559€96,235€110,432€99,289€78,810€86,586€87,776▲ 1.4%
Amounts receivable within one year40/41€19,556€16,231€28,834€17,534€14,782€18,643€10,373€14,176▲ 36.7%
Trade receivables40---€13,294€11,616€11,950€9,976€7,349▼ 26.3%
Other amounts receivable41---€4,241€3,165€6,692€397€6,827▲ 17×
Current investments50/53€36,371€36,040€56,340€86,340€71,340€51,340€69,340€66,370▼ 4.3%
Cash at bank and in hand54/58€12,384€4,173€8,913€5,431€10,329€7,421€5,467€5,813▲ 6.3%
Deferred charges and accrued income490/1---€1,126€2,838€1,406€1,406€1,417▲ 0.7%
Equity and liabilities
Total equity and liabilities10/49€135,863€110,546€134,037€129,121€125,925€97,145€100,816€100,848=
Equity10/15€87,517€88,058€109,777€112,471€77,146€69,432€85,119€94,867▲ 11.5%
Contributions10/11€20,000€20,000-€20,000€20,000€2,000€2,000€2,000=
Reserves13€66,735€67,275€88,975€91,574€56,249€66,534€82,222€91,970▲ 11.9%
Non-distributable reserves130/1---€2,159€2,159----
Reserves not available under the articles1311---€2,159€2,159----
Distributable reserves133---€89,415€54,090€66,534€82,222€91,970▲ 11.9%
Profit (loss) carried forward14€782€783€802€897€897€897€897€897=
Amounts payable17/49€48,346€22,488€24,260€16,650€48,779€27,713€15,697€5,981▼ 61.9%
Amounts payable after more than one year17€1,208--------
Amounts payable within one year42/48€47,138€22,488€24,260€16,650€48,779€27,713€15,697€5,981▼ 61.9%
Trade debts44€4,580€3,210€10,236€4,174€4,902€3,213€4,856€1,526▼ 68.6%
Suppliers440/4---€4,174€4,902€3,213€4,856€1,526▼ 68.6%
Advances received on contracts in progress46---€1,330€2,267----
Taxes, remuneration and social security45---€11,146€16,610€15,325€8,021€4,369▼ 45.5%
Taxes450/3---€10,075€12,371€15,325€5,755€2,719▼ 52.8%
Remuneration and social security454/9---€1,071€4,239-€2,266€1,649▼ 27.2%
Other amounts payable47/48----€25,000€9,175€2,819€86▼ 96.9%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€9,180€541€21,719€2,694€4,675€19,461€15,688€9,748▼ 37.9%
+ Depreciation and write-downs630€25,815€28,417€21,623€20,898€7,582€8,301€4,106€4,158▲ 1.3%
Operating cash flow (approximation)€34,995€28,959€43,342€23,592€12,257€27,761€19,794€13,906▼ 29.7%
Investment in fixed assets (approximation)--€13,963-€7,438-€1,786-€15,528€0€0-€3,000-
Change in cash--€8,211€4,740-€3,482€4,898-€2,908-€1,954€346-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference Document
31-03-2026 micro format 31-07-2026 2026-00365574 NBB
31-03-2025 micro format 29-07-2025 2025-00322943 PDF
31-03-2024 micro format 26-07-2024 2024-00288449 PDF
31-03-2023 micro format 31-07-2023 2023-00294855 PDF
31-03-2022 micro format 29-07-2022 2022-20252083 PDF
31-03-2021 micro format 31-08-2021 2021-63100315 PDF
31-03-2020 micro format 31-08-2020 2020-49300306 PDF
31-03-2019 micro format 30-09-2019 2019-67500110 PDF
31-03-2018 micro format 31-07-2018 2018-41900338 PDF
31-03-2017 micro format 29-09-2017 2017-65500130 PDF

Show all 26 filings

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