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SERVICES DEVELOPMENT MANAGEMENT

Active Public limited companyfounded 1994active for 32 yearsIJzerenwaag 12A, 2000 AntwerpKBO/BCE: BE 0452.691.377 subsidiary of CAP#2 company by total assets in the province of Antwerp, Advertising and market research sector
Part of the group CAP 9 companies
See the group

Annual accounts 2026

full format, filed on 27-10-2026, 4 days before the deadline
-€89,239
▲ €20,557
-€646,589
▼ €374,730
-€2.8m
▼ €25.8m
€92.0m
▼ 2.8%
88.9%
▲ 4.5 percentage points
7.24
▲ 1.98

Turnover: not included in this filing.

Balance sheet

balance sheet total €132.9m on 31-03-2026
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

88.9%

Higher than 84% of 846 companies in 2025.

7.24

Higher than 81% of 813 companies in 2025.

-2.1%

Higher than 86% of 837 companies in 2025.

SERVICES DEVELOPMENT MANAGEMENT Middle half of the sector 80% of the sector Full accounts in advertising and market research (NACE 73)

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202620252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 132.9m143.3m122.9m122.3m117.8m118.4m115.7m145.1m129.1m158.0m124.7m128.5m119.7m118.4m118.9m117.4m115.9m113.8m115.6m11.1m9.3m
21/28 26.2m26.5m24.9m21.8m20.4m17.5m15.6m49.2m57.6m57.0m52.1m62.0m56.5m54.7m45.1m42.2m32.1m28.4m10.1m5.6m5.5m
22/27 70,27587,893105,511221,130133,984147,000171,500196,333221,6459596141,89920,99438,07556,00076,38033,44550,72055,14658,823-
24 70,27587,893105,511221,130133,984147,000171,500196,333221,6459596141,89920,99438,07556,00076,38033,44550,72055,14658,823-
28 26.1m26.4m24.8m21.6m20.3m17.4m15.4m49.0m57.4m57.0m52.1m62.0m56.4m54.7m45.0m42.2m32.1m28.3m10.0m5.5m5.5m
280/1 ------15.4m49.0m57.4m57.0m-----------
280 ------15.4m49.0m57.4m57.0m-----------
284/8 ----20.3m17.4m---------------
284 ----20.3m17.4m---------------
29/58 106.7m116.8m98.1m100.5m97.4m100.9m100.1m95.8m71.5m101.0m72.6m66.5m63.3m63.7m73.8m75.2m83.8m85.4m105.5m5.5m3.8m
29 22.9m27.2m23.7m23.2m120,000288,5141.7m4.2m2.5m2.5m2.9m3.5m6.8m3.4m1.4m1.3m1.1m625,000---
290 01.5m----1.7m4.2m2.5m2.5m2.9m3.5m6.8m3.4m1.4m1.3m1.1m625,000---
291 22.9m25.7m23.7m23.2m120,000288,514---------------
3 ----0----------------
40/41 5.9m4.3m1.6m373,32525.1m24.8m22.3m20.0m19.3m20.3m18.6m18.8m18.1m17.3m17.1m13.9m7.8m2.4m980,6381.8m399,541
40 01.2m-0153,754---10,00050,00050,000188375----82,321165,99817,675100,000
41 5.9m3.1m1.6m373,32524.9m24.8m22.3m20.0m19.3m20.2m18.6m18.8m18.1m17.3m17.1m13.9m7.8m2.3m814,6401.8m299,541
50/53 74.3m85.0m72.6m76.0m72.1m75.0m72.0m67.0m48.0m71.7m43.5m34.7m36.7m40.4m53.1m58.2m51.2m52.5m2.2m1.7m921,231
51/53 ----72.1m75.0m72.0m67.0m48.0m71.7m-----------
54/58 3.6m246,57488,785951,42463,964552,0653.6m4.3m1.3m6.2m7.0m9.1m1.1m2.4m1.8m1.6m23.5m29.8m102.1m2.0m2.5m
490/1 14,770128,20078,48617,96564,030307,843325,544308,904385,652330,492466,389437,387519,443301,137314,043332,844297,29728,967192,017--
Balance sheet: equity and liabilities
10/49 132.9m143.3m122.9m122.3m117.8m118.4m115.7m145.1m129.1m158.0m124.7m128.5m119.7m118.4m118.9m117.4m115.9m113.8m115.6m11.1m9.3m
10/15 118.1m120.9m117.9m115.9m115.7m115.6m115.4m144.7m128.8m126.9m122.7m113.3m116.9m114.4m115.1m116.5m115.0m112.9m110.4m6.4m4.9m
10/11 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
10 62,00062,00062,00062,00062,000----------------
100 62,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,00062,000
13 118.1m120.0m115.0m115.0m100.0m100.0m100.0m121.5m121.5m121.5m121.5m112.5m114.0m114.0m115.0m115.0m110.0m110.0m110.0m6.0m4.7m
130/1 6,2006,2006,2006,2006,2006,200---------------
130 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
133 118.1m120.0m115.0m115.0m100.0m100.0m100.0m121.5m121.5m121.5m121.5m112.5m114.0m114.0m115.0m115.0m110.0m110.0m110.0m6.0m4.7m
14 0817,1412.9m863,56415.7m15.6m15.3m23.2m7.2m5.3m1.2m777,9102.8m315,092-2,4351.4m4.9m2.8m303,793299,488121,502
17/49 14.7m22.4m5.0m6.4m2.1m2.8m296,246309,866355,08431.1m1.9m15.2m2.8m4.0m3.8m929,602958,559858,2095.2m4.7m4.4m
17 0201,060201,060201,060201,060201,060201,060201,060201,060904,7701.8m2.6m2.7m3.8m2.9m------
178/9 0201,060201,060201,060201,060201,060201,060201,060201,060904,7701.8m2.6m2.7m3.8m2.9m------
42/48 14.7m22.2m4.8m6.2m1.9m2.6m94,323106,147154,02430.2m124,20812.6m106,096183,024851,457924,980955,038854,3045.2m4.7m4.4m
43 0475,3812003324,809----------80,00080,00080,00080,000-
430/8 0475,3812003324,809----------80,00080,00080,00080,000-
44 13,745107,13417,61380,75362,56813,2629,32347,54270,7755,7564,7343,08417910,9055,48382,4488,484160,8361.1m2,731-
440/4 13,745107,13417,61380,75362,56813,2629,32347,54270,7755,7564,7343,08417910,9055,48382,4488,484160,8361.1m2,731-
45 ------85,000-3,33363,2908,3019,3015,6073,2114,4918,3676,35316,209373,12552,30354,179
450/3 ------85,000--60,0005,0006,000155-3295,3383,3338,194369,81250,65854,179
454/9 --------3,3333,2903,3013,3015,4523,2114,1623,0293,0208,0153,3131,645-
47/48 14.7m22.1m4.8m6.1m1.8m2.5m-58,60579,91730.1m111,17312.6m100,309168,908841,483834,165860,201597,2593.7m4.6m4.4m
492/3 ----06018632,658---2,9983,2533,2864,4484,6223,5213,905363387-
Income statement
70/76A ----40,48230,93233,33242,81659,6529,896-----------
74 ----40,482----------------
9900 -89,239-109,796-206,762-53,650-------81,15973,41413,935-1.6m-130,093-150,329-434,238272,097333,385179,286282,323
60/66A ----271,925125,367131,757226,550147,937120,646-----------
61 ----84,67965,28577,952138,00882,85693,520-----------
62 ------2,68112,68823,31222,87822,60022,29822,00522,70222,40121,81921,01221,8445,30313,109-
630 17,61817,61817,61825,38424,50024,50024,83325,31225,3121,0931,28519,09519,09520,99420,38020,38017,27617,2763,67614,706-
640/8 94,020144,445187,580167,963162,74635,58226,29150,54216,4573,1553,3281,0103,2283,8423,05954,7032,5232,3791,3388,913235
66A 445,712-----42.1m------512,0233.2m------
9901 -646,589-271,859-411,960-246,997-231,443-94,434-98,424-183,735-88,284-110,751-108,37231,012-30,393-1.6m-175,934-247,230-475,049230,598323,067142,558282,088
75/76B 3.3m23.6m2.4m7.1m2.4m3.2m12.8m22.6m3.1m34.4m11.0m9.0m2.5m1.6m2.8m2.0m3.2m4.6m105.2m1.7m1.6m
75 3.3m23.6m2.4m7.1m2.4m3.2m12.8m22.6m3.1m34.4m11.0m9.0m2.5m1.6m2.8m2.0m3.2m4.6m105.2m1.7m1.6m
750 ----293,7391.8m11.7m21.8m497,355650,029-----------
751 ----1.3m1.3m--10,000------------
752/9 ----775,113158,5311.0m785,4642.6m33.8m-----------
65/66B 5.4m238,906-32,846435,80965,071167,54441.7m6.5m1.1m29,0151.5m29,959-17,581180,931906,103202,847654,7292.4m1.1m294,434283,388
65 4.5m238,906-32,846435,80965,071167,544-432,1216.5m1.1m29,0151.5m29,959-17,581180,931906,103202,847654,7292.4m1.1m294,434283,388
650 ----210463--8,21814,918-----------
651 -------553,5031,84812,925------------
652/9 ----64,861167,081121,3816.5m1.1m14,097-----------
66B 989,854-----42.1m--------------
9903 -2.8m23.1m2.0m6.4m2.1m3.0m-29.0m16.0m1.9m34.3m9.5m9.0m2.5m-682,473-1.4m1.5m2.1m2.5m104.5m1.5m1.6m
67/77 2,20664,65211,055162,202205,077188,066362,8074,09510,442127,47352,96516,649------9,421453,47432,77959,391
670/3 ----206,839188,689363,2304,84710,442129,153-----------
77 ----1,763622423751-1,680-----------
9904 -2.8m23.0m2.0m6.2m1.9m2.8m-29.4m16.0m1.9m34.2m9.4m8.9m2.5m-682,473-1.4m1.5m2.1m2.5m104.0m1.5m1.6m
9905 -2.8m23.0m2.0m6.2m1.9m2.8m-29.4m16.0m1.9m34.2m9.4m8.9m2.5m-682,473-1.4m1.5m2.1m2.5m104.0m1.5m1.6m
Appropriation of the result
9906 -1.9m25.9m2.9m21.9m17.5m18.1m-6.2m23.2m7.2m35.3m10.2m11.8m2.8m-684,908-2,4356.4m4.9m2.8m104.3m1.6m1.6m
14P 817,1412.9m863,56415.7m15.6m----------------
791/2 1.9m-----21.5m----12.5m-1.0m-------
792 ------21.5m--------------
691/2 05.0m015.0m------9.0m11.0m---5.0m--104.0m1.3m1.5m
6921 05.0m015.0m------9.0m11.0m---5.0m--104.0m1.3m1.5m
694/7 020.1m06.0m1.8m2.5m---30.0m-12.5m---------
694 020.1m06.0m1.8m2.5m---30.0m-12.5m---------
Social balance sheet
9087 0------0.30.50.50.50.50.50.50.50.50.50.50.50.5-
Women (FTE)1003 -------0.30.50.5-----------
Hours worked1013 -------5001,0081,0121,0121,0081,0081,0161,0121,0161,0121,012225548-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 17 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.

Source: Annual accounts 2026 at the NBB, filed on 27-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2026 full format 27-10-2026 2026-00568938 PDF
31-03-2025 abbreviated format 29-10-2025 2025-00551772 PDF
31-03-2024 abbreviated format 19-11-2024 2024-00602822 PDF
31-03-2023 abbreviated format 30-10-2023 2023-00500537 PDF
31-03-2022 full format 25-10-2022 2022-20483082 PDF
31-03-2021 full format 15-11-2021 2021-77200387 PDF
31-03-2020 full format 03-12-2020 2020-74300033 PDF
31-03-2019 full format 28-10-2019 2019-71600056 PDF
31-03-2018 full format 22-10-2018 2018-69700271 PDF
31-03-2017 full format 30-10-2017 2017-68200209 PDF
31-03-2016 abbreviated format 09-11-2016 2016-67700245 PDF
31-03-2015 abbreviated format 30-09-2015 2015-63800092 PDF
31-03-2014 abbreviated format 03-10-2014 2014-63900139 PDF
31-03-2013 abbreviated format 23-10-2013 2013-63600577 PDF
31-03-2012 abbreviated format 24-10-2012 2012-61500593 PDF
31-03-2011 abbreviated format 04-11-2011 2011-59900264 PDF
31-03-2010 abbreviated format 13-10-2010 2010-57900570 PDF
31-03-2009 abbreviated format 27-10-2009 2009-82800048 PDF
31-03-2008 abbreviated format 04-11-2008 2008-81000112 PDF
31-12-2007 abbreviated format 24-06-2008 2008-28600356 PDF
31-12-2006 abbreviated format 16-07-2007 2007-42300041 PDF
31-12-2005 abbreviated format 31-08-2006 2006-76602543 PDF
31-12-2004 abbreviated format 28-07-2005 2005-59302277 PDF
31-12-2003 abbreviated format 20-07-2004 2004-49500736 PDF
31-12-2002 abbreviated format 24-09-2003 2003-69105076 PDF
31-12-2001 abbreviated format 03-09-2002 2002-53600440 PDF
31-12-2000 abbreviated format 08-11-2001 2001-69102724 PDF
31-12-1999 abbreviated format 30-08-2000 2000-53801601 PDF
31-12-1998 abbreviated format 25-08-1999 1999-42601932 PDF
31-12-1997 abbreviated format 14-10-1998 1998-53200744 PDF
31-12-1996 abbreviated format 23-06-1997 1997-19203529 PDF
31-12-1995 abbreviated format 18-07-1996 1996-35401347 PDF
31-12-1994 abbreviated format 29-06-1995 1995-30901434 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202620252024202320222021202020192018201720162015201420132012201120102009200820072006
-628,971-254,241-394,342-221,613-206,943-69,934-73,591-158,423-62,972-109,657-107,08850,107-11,298-1.6m-155,554-226,850-457,773247,873326,743157,263-
-2.7m23.1m2.0m6.2m1.9m2.8m-29.3m16.0m1.9m34.2m9.4m9.0m2.5m-661,479-1.4m1.5m2.1m2.5m104.0m1.5m-
1.3m1.6m3.4m2.1m4.8m1.9m8.7m385,8102.4m26.4m4.7m7.8m1.8m9.6m6.0m10.2m3.8m18.3m10.0m73,528-
3.3m157,789-862,640887,461-488,101-3.1m-705,6183.0m-4.9m-773,751-2.1m8.0m-1.3m568,368240,294-21.9m-6.4m-72.3m100.1m-419,438-
92.0m94.6m93.3m94.3m95.5m98.4m100.0m95.7m71.4m70.8m72.4m53.9m63.1m63.5m72.9m74.3m82.9m84.5m100.3m797,385-622,166
88.9%84.4%95.9%94.8%98.2%97.7%99.7%99.8%99.7%80.3%98.4%88.2%97.7%96.6%96.8%99.2%99.2%99.2%95.5%57.4%52.6%
7.245.2620.3816.2451.8539.44---3.35-5.28--86.6581.2987.7899.9520.201.170.86
0.120.190.040.060.020.020.000.000.000.240.020.130.020.040.030.010.010.010.050.740.90
-2.3%19.1%1.7%5.4%1.6%2.4%-25.5%11.0%1.5%26.9%7.7%7.9%2.1%-0.6%-1.2%1.3%1.8%2.2%94.2%23.2%32.0%
-2.1%16.1%1.6%5.1%1.6%2.3%-25.4%11.0%1.5%21.6%7.5%7.0%2.1%-0.6%-1.2%1.3%1.8%2.2%90.0%13.3%16.8%
-0.14-1.0612.01-0.51-987.04-151.14---7.66-7.35-----------
----270 days74 days44 days126 days312 days22 days-----------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Pledge on other assets, amount secured€38.4m----
Carrying value of the other pledged assets€54.6m----

Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets---€122,663€11,484
Financial fixed assets€1.3m€1.6m€3.4m€2.0m€4.7m
€17,618€17,618€17,618€25,384€24,500

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

Insights on SERVICES DEVELOPMENT MANAGEMENT

The operating result for 2026 is a loss of €646,589, larger than the loss of €271,859 in 2025. It is the lowest result since 2013.

Debt's share of the balance-sheet total falls from 15.6% to 11.1%. Equity and debt are lower.

Large changes and their cause
  • 2023 Net result +230% on 2022. The accounts now follow the abbreviated format, last year the full format.

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