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Premier Development Fund

Active
Private limited companyfounded 201511 yrs activeVredestraat 53, 8790 Waregem, BelgiumKBO/BCE: BE 0607.975.709
Summary

Premier Development Fund has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21.6m and a net result of €2.6m. Equity is growing by ~6.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
Premier Development FundActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€25.9mtotal assets 2025
Equity
€21.6m
Profit
€2.6m
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Largest shareholder
BLACK DUCK · 13.67%
Board
2 members
Holdings
18
Accounts 59 d early2 of 13 deeds read
Why 95+ Size: total assets €25.9m, files consolidated accounts+ Figures for FY 2025 (filed 04-06-2026)+ Founded in 2015+ Equity €21.6m (83.7% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 63% of its sector peers (no NACE code, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 83.7% of total assets
Liquidity 58=
short-term debt 14.3% · cash 8.7%
Profitability 62-28
return on assets 9.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%▲ +2.3% vs 01-2025highest value 03-2025: < 0.1%● 0.0% vs 02-2025highest value 04-2025: < 0.1%▼ -2.2% vs 03-2025 05-2025: < 0.1%▲ +2.3% vs 04-2025highest value 06-2025: < 0.1%▼ -11.1% vs 05-2025 07-2025: < 0.1%● 0.0% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%▼ -7.5% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%▲ +5.4% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%▲ +2.6% vs 01-2026 03-2026: < 0.1%▼ -2.5% vs 02-2026 04-2026: < 0.1%▼ -7.7% vs 03-2026lowest value 05-2026: < 0.1%▲ +2.8% vs 04-2026 06-2026: < 0.1%▲ +2.7% vs 05-2026 07-2026: < 0.1%● 0.0% vs 06-2026 08-2026: < 0.1%● 0.0% vs 07-2026 09-2026: < 0.1%● 0.0% vs 08-2026 10-2026: < 0.1%● 0.0% vs 09-2026
  • Size: total assets €25.9m, files consolidated accounts lowers the probability for this profile
  • Figures for FY 2025 (filed 04-06-2026) lowers the probability
  • Founded in 2015 lowers the probability for this profile
  • Equity €21.6m (83.7% of total assets) lowers the probability
Credit up to €2,050,000 at 30 days acceptable
Liquidity ample (current ratio 3.75 against 6.09 in 2024; short-term debt: 14.3% and cash: 8.7% of total assets), and 16.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, medium-sized). Better than this share of them on solvency 74%, liquidity 87%, profitability 81%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Size: total assets €25.9m, files consolidated accounts
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 04-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2015
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €21.6m (83.7% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
59 d early
2024
70 d early
2023
63 d early
2022
66 d early
2021
68 d early
2020
59 d early
2019
56 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 63 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · consolidated
  2. Appointments: Christophe Engels (director) and Gil…State Gazette act
  3. Annual accounts filedfiscal year 2025 · full…

Key points

  • Caution: Result fell in 2025from €6.9m to €2.6m ▼ 62.6% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €2.6m 8 years View
  • Heads a groupcompanies controlled 10 View
  • New directorslatest change 08-06-2026 · 2 in office 2 joined View

By topic

Financials

Fiscal year
2025
Total assets
€25.9m
Profit
€2.6m
Solvency
83.7%
Go to Financials

Timeline

Events
16
Since
2019
Next accounts
by 31-07-2027
  1. 10-06-2026Annual accounts filed
  2. 08-06-2026Appointments: Christophe Engels (director) and Gil Malysse…
  3. 02-06-2026Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
24-03-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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