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Solutions Development Projects

Active Public limited companyfounded 1989active for 37 yearsVijfstraten 18, 9100 Sint-NiklaasKBO/BCE: BE 0437.776.044 subsidiary of Fontibus#3 oldest company in Sint-Niklaas, Telecoms and IT sector
Solutions Development Projects
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Overview

Lifetime

20 annual accounts with figures on one time axis, 37 filings since 1989
peak €379,584 (2025)
€379,584 
lowest -€1.4m (2022)
€323,229▲ 75.2%
peak €228,927 (2021)
-€649,905▲ €323,229
€3.6m▼ 23.8%
peak 21 FTE (2022)
0 FTE▼ 100%
Board6 names since 2019
2 directorsLuc De Cock and 1 other
Owners2 names in the annual accounts
100%Fontibus
Documentsfilings and deeds
22-07-20269 days before the deadline
2025financial year
Result from €184,501 to €323,229Staff from 11.7 FTE to 0 FTEEquity from -€973,134 to -€649,905Debts from €4.8m to €3.6mCash from €751,806 to €90,984

Key points

from the 2025 annual accounts

Equity

-€649,905
202020212022202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €890,000 estimated

The accounts state no turnover.

Debts

€3.6m 122% of the balance sheet
Financial debts 41%Suppliers 19%Other 40%

Of this, €2.1m falls due within a year.

Staff

0 FTE ▼ 100%
11.7202402025

Fewer staff in 2025 from 11.7 FTE to 0 FTE.

Filings

37 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 5 to 13 days before the end of the period.

Position in the sector

-€649,905

Less equity than 95% of companies in computing infrastructure and information services. Sector median €904,349 · 224 companies.

Checked score

55
Fair
Financially stronger than 39% of small companies in computing infrastructure and information services (NACE 63)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 184 companies (NACE 63, small).

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

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.3 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.4%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%▼ -0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Weak

3+3equity -21.9% of total assets
15-12short-term debt 71.7% · cash 3.1%
82+21return on assets 10.9%

Score breakdown

raises risk
Capped at 59: negative equity
Negative equity -€649,905
lowers risk
Size: total assets €3.0m
Figures for financial year 2025 (filed on 22-07-2026)
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, small). It does better than 4% of them on solvency, 8% on liquidity, 70% on profitability and 73% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 317 companies had the same profile as Solutions Development Projects has now. Each dot is one company, two years later.

91.8%
were still trading
4.1%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 2.5% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Solutions Development Projects itself is lower: 0.1% within 12 months. It rests on far more data about Solutions Development Projects than the profile alone.

Test of the method

The method was tested on the 497,447 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 317 companies, not a prediction for Solutions Development Projects. 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.

Credit verdict

No credit on open account

Liquidity is tight, with a current ratio of 1.36 (1.12 in 2024), below the usual 1.5. Short-term debt is 71.7% and cash 3.1% of total assets. Equity is negative.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €3.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€649,905
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 22-07-2026)
NBB · annual accounts
lowers risk · Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 224 sector peers (2025).
NBB · sector comparison
Position among 224 sector peers
Solvency
better than 7%
← weakest strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
7 days early
2023
13 days early
2022
5 days early
2021
9 days early
2020
80 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JS
Jan Struyve
General manager
LD
Luc De Cock
Director, since 27-08-2019
GT
Guy Thoon
Director, since 18-09-2024
  • Fontibus 100%score 94equity €1.7m (2025) · 2025 annual accounts of Fontibus
  • M & S 100%equity €846,770 (2025) · deed of 22-04-2021
Board & ownership

Recent changes

1 director appointed, 1 resignation Resignation: M & S NV · Permanent representative: Bartholomeus Dhollander · Appointment: Guy Thoon · General meeting of 18-09-2024 · Gazette deed
Appointment: Jan Struyve (director general) General meeting of 05-02-2024 · Gazette deed
Company renamed from Solution Développement Progiciel to Solutions Development Projects Registered office moved from Namur to Sint-Niklaas · Capital increase of €500,000 to €606,594.22 · Capital from €106,594.22 to €606,594.22 · Gazette deed
M & S NV holds all the shares Gazette deed
All 52 events

Comparable companies

same main activity, similar in size and age
Company
Solutions Development Projects Sint-Niklaas €3.0m €0.4m -21.9% 0
MANAGEMENT INFORMATION Molenbeek-Saint-Jean €2.1m €0.3m 92.3% 0.3
First & Johnson Schilde €2.1m €0.3m 17.2% 0.3
SOFT Woluwe-Saint-Pierre €4.3m €0.8m 92.6% 0
DAVOINE Forest €2.2m €0.2m 65.8% 0
NEWTON ENGINEERING Zwalm €2.6m €1.0m 93.6% 1
EDICE Turnhout €5.4m €0.5m 98.1% 1.3

These companies have the same main activity as Solutions Development Projects: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €2.1m and €5.4m, founded between 1985 and 2000.

Official details

Source: KBO
Status
Active since 19-06-1989Normal situation
Activity
Computing infrastructure, data processing, hosting and related activitiesNACE 63100and 6 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.315.403.3619100 Sint-Niklaas, since 01-03-2021
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€379,584
€323,229▲ 75.2%
-€649,905▲ 33.2%
€3.0m▼ 21.4%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on Solutions Development Projects

Solutions Development Projects has existed since 1989. The gross margin grew from €4,464 in 2006 to €379,584 in 2025.

Fontibus holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 22-07-2026, 9 days before the deadline
€379,584
€326,128
▲ 58.0%
€366,640
▲ 35.7%
€363,741
▲ 46.5%
-21.9%
▲ 3.9 percentage points
1.36
▲ 0.24
In the rankings #3 oldest company in Sint-Niklaas, Telecoms and IT sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €3.0m on 31-12-2025
What the company ownsHow it is paid for

in euro

in €m

Position in the sector

Compare with sector

-21.9%

Higher than 7% of 224 companies in 2025.

1.36

Higher than 40% of 219 companies in 2025.

10.9%

Higher than 74% of 223 companies in 2025.

Solutions Development Projects Middle half of the sector 80% of the sector Full accounts in computing infrastructure and information services (NACE 63)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter

Staff

Men and women

Not in that year's accounts.

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

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 3.0m3.8m5.8m6.1m7.5m227,263140,7221212414433831729389670212,0107,17723,38645,471
21/28 71,277136,5791.9m1.8m2.4m64,41978,394----------5,20610,411-
21 40,58351,9161.7m1.6m2.0m---------------
22/27 24,74578,713162,803246,984317,27059,91973,894----------5,20610,411-
23 1,77310,40341,26760,63982,4351,7012,187-------------
24 18,42844,17137,24547,90030,00711,93511,694----------5,20610,411-
25 014,19168,940123,771190,551---------------
26 4,5439,94715,35114,67414,276---------------
28 5,9505,950--4,5004,5004,500-------------
284/8 -5,950--4,5004,500--------------
285/8 -5,950--4,5004,500--------------
29/58 2.9m3.6m4.0m4.3m5.1m162,84562,3281212414433831729389670212,0101,97112,97545,471
29 500,000500,000------------------
291 500,000500,000------------------
3 -01.5m1.8m1.8m---------------
30/36 -01.5m1.8m1.8m---------------
34 -01.5m1.8m1.8m---------------
40/41 2.3m2.4m2.1m2.1m2.8m129,03742,758-------390364348921,68843,840
40 2.3m2.3m1.7m1.6m2.5m127,36240,105--------122--1,68810,082
41 73153,873397,739504,944294,6681,6762,654-------39024234892-33,758
54/58 90,984751,806283,253308,547551,94933,54218,7331212414433831729350633811,6051,4973,0391,631
490/1 7,5393,21322,2923,4712,672265836---------573828,248-
Balance sheet: equity and liabilities
10/49 3.0m3.8m5.8m6.1m7.5m227,263140,7221212414433831729389670212,0107,17723,38645,471
10/15 -649,905-973,134-1.2m-1.2m228,927-274,323-154,623-41,646-38,880-36,053-33,596-31,059-28,969-25,740-24,137-22,392-20,955-24,230-9,95032,582
10/11 606,594606,594606,594606,594606,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594
10 606,594606,594606,594606,594606,594---------------
100 606,594606,594606,594606,594606,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594106,594
14 -1.3m-1.6m-1.8m-1.8m-377,667-380,918-261,217-148,241-145,475-142,647-140,190-137,653-135,563-132,334-130,731-128,986-127,549-130,824-116,544-74,012
17/49 3.6m4.8m7.0m7.3m7.2m501,587295,34441,65838,88236,07733,73931,39829,28626,03325,03323,09432,96531,40733,33612,889
17 1.5m1.5m4.8m4.8m3.7m406,83030,219----------3,0028,150-
170/4 1.5m1.5m1.5m1.5m449,702406,83030,219----------3,0028,150-
170 -1.5m1.5m1.5m400,000400,000--------------
172 -02,59521,13649,7026,830--------------
178/9 --3.3m3.3m3.3m---------------
42/48 2.1m3.2m2.2m2.5m3.5m94,757265,12541,65838,88236,07733,73931,39829,28626,03324,59423,09432,96528,40525,18612,889
42 02,60318,54151,40658,39725,33723,346---------3,0035,1475,147-
43 035,746133,009153,43489,465---------------
430/8 035,74641,034-----------------
439 -091,975153,43489,465---------------
44 681,8621.6m1.7m1.9m2.2m31,12678,769---750--1,000--5,04517815,6904,584
440/4 681,8621.6m1.7m1.9m2.2m31,12678,769---750--1,000--5,04517815,6904,584
45 02,961278,764366,677316,31333,72512,230---------1,837-4,3498,305
450/3 02,68096,123125,031119,0736,3996,193---------1,837-4,1894,490
454/9 0281182,640241,646197,24027,3276,036-----------1603,815
47/48 1.4m1.6m026,011853,5914,569150,78041,65838,88236,07732,98931,39829,28625,03324,59423,09423,08023,080--
492/3 015,712------------439-----
Income statement
70/76A -10.5m10.0m9.5m8.1m209,082--------------
70 -8.5m9.0m9.0m7.1m197,234--------------
72 -0492,482-600,000---------------
74 -2.0m454,424594,439381,231---------------
76A 14,1917,328020028,690-----------3,794---
9900 379,584------14,660-841-756-1,152-541-614-1,137-1,610-1,276-1,08247026,11868,5554,464
60/66A -10.3m9.9m11.0m8.1m318,321--------------
60 -7.5m6.1m6.9m5.2m4,466--------------
600/8 -6.0m5.8m6.9m5.2m4,466--------------
609 -1.5m314,868-38,456-41,046---------------
61 -1.3m1.6m1.7m1.5m50,699--------------
62 5,091861,9311.6m1.9m1.1m243,11479,173----------33,787104,53435,579
630 40,51263,797546,2981.2m335,66918,42910,502----------5,2055,205-
631/4 02,6551,755-----------------
640/8 4,005497,9677,7939,78617,5571,6125,124404658-398347123--226591643975753
649 --0-702,734----------------
66A 3,84801,2131,076----------------
9901 326,128206,38554,641-1.4m26,056-109,239-109,459-1,245-1,415-1,152-940-962-1,260-1,610-1,276-1,308-121-13,517-42,159-31,868
75/76B 4,4392,18932,05417,7424,457-20------21--121052
75 4,4392,18932,05417,7424,457-20------21--121052
751 -4472,5504,613----------------
752/9 -1,74229,50513,1294,457---------------
65/66B 7,33921,39323,23939,51613,2439,7873,2181,5211,4131,3061,5971,1291,9691446912939876547811
65 7,33921,39323,23939,51613,2439,7873,2181,5211,4131,3061,5971,1291,9691446912939876547811
650 -5,0074,1248,0001,0079,460--------------
652/9 -16,38619,11531,51612,237327--------------
9903 323,229187,18163,456-1.5m17,269-119,025-112,657-2,766-2,828-2,457-2,536-2,091-3,229-1,603-1,745-1,4373,275-14,280-42,532-31,877
67/77 -02,6803,947-5,77414,019675319-------------
670/3 -2,6803,9474,81714,019675--------------
77 --010,591----------------
9904 323,229184,50159,509-1.4m3,250-119,701-112,976-2,766-2,828-2,457-2,536-2,091-3,229-1,603-1,745-1,4373,275-14,280-42,532-31,877
9905 323,229184,50159,509-1.4m3,250-119,701-112,976-2,766-2,828-2,457-2,536-2,091-3,229-1,603-1,745-1,4373,275-14,280-42,532-31,877
Appropriation of the result
9906 -1.3m-1.6m-1.8m-1.8m-377,667-380,918-261,217-148,241-145,475-142,647-140,190-137,653-135,563-132,334-130,731-128,986-127,549-130,824-116,544-74,012
14P -1.6m-1.8m-1.8m-377,667-380,918---------------
Social balance sheet
9087 011.73.921183.91.3----------0.32.30.9
Men (FTE)1003 -9.73.318.214.72.2--------------
Women (FTE)1003 -20.62.83.31.8--------------
Hours worked1013 -19,3545,73734,79528,3976,4482,297----------5784,1151,596
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 17 older financial years (1989-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 18 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 2025 at the NBB, filed on 22-07-2026.

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
31-12-2025 full format 22-07-2026 2026-00317141 PDF
31-12-2024 full format 24-07-2025 2025-00301566 PDF
31-12-2023 full format 18-07-2024 2024-00269457 PDF
31-12-2022 full format 26-07-2023 2023-00279988 PDF
31-12-2021 full format 22-07-2022 2022-20225658 PDF
31-12-2020 full format 12-05-2021 2021-14000417 PDF
31-12-2019 micro format 10-07-2020 2020-28600537 PDF
31-12-2018 micro format 27-06-2019 2019-24500218 PDF
31-12-2017 micro format 28-06-2018 2018-24400099 PDF
31-12-2016 micro format 26-06-2017 2017-21100168 PDF
31-12-2015 abbreviated format 14-06-2016 2016-17400225 PDF
31-12-2014 abbreviated format 24-07-2015 2015-34000318 PDF
31-12-2013 abbreviated format 09-07-2014 2014-28400089 PDF
31-12-2012 abbreviated format 16-07-2013 2013-30800071 PDF
31-12-2011 abbreviated format 19-06-2012 2012-18400293 PDF
31-12-2010 abbreviated format 08-07-2011 2011-27600105 PDF
31-12-2009 abbreviated format 23-06-2010 2010-20900457 PDF
31-12-2008 abbreviated format 23-07-2009 2009-46000108 PDF
31-12-2007 abbreviated format 22-07-2008 2008-44400136 PDF
31-12-2006 abbreviated format 21-06-2007 2007-26200374 PDF
31-12-2005 abbreviated format 20-06-2006 2006-27800755 PDF
31-12-2004 abbreviated format 14-06-2005 2005-25501392 PDF
31-12-2003 abbreviated format 15-06-2004 2004-24802698 PDF
31-12-2002 abbreviated format 18-07-2003 2003-47101588 PDF
31-12-2001 abbreviated format 06-09-2002 2002-54002028 PDF
31-12-2000 abbreviated format 01-08-2001 2001-47000091 PDF
31-12-1999 abbreviated format 28-06-2000 2000-30500392 PDF
31-12-1998 abbreviated format 14-07-1999 1999-33604717 PDF
31-12-1997 abbreviated format 13-07-1998 1998-32200928 PDF
31-12-1996 abbreviated format 10-11-1997 1997-52403926 PDF
31-12-1995 abbreviated format 28-06-1996 1996-27403752 PDF
31-12-1994 abbreviated format 17-07-1995 1995-40301624 PDF
31-12-1993 abbreviated format 17-06-1994 1994-16601221 PDF
31-12-1992 abbreviated format 24-03-1993 1993-04004847 PDF
31-12-1991 abbreviated format 24-03-1993 1993-04004858 PDF
31-12-1990 abbreviated format 24-03-1993 1993-04004869 PDF
31-12-1989 abbreviated format 24-10-1990 1990-26604750 PDF

Subsidies and aid

Flemish government 2022 to 2024, 5 entries, €57,185 awarded, €57,185 paid

Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
€55,483
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€1,702
Year Entries AwardedPaid
2024 1 €9,687€9,687
2023 2 €24,773€24,845
2022 2 €22,725€22,653

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
366,640270,181600,939-187,650361,725-90,810-98,957-----------8,312-36,954-
363,741248,297605,807-203,650338,920-101,272-102,474-----------9,075-37,327-
0-1.7m579,12646,6699.5m4,45488,896----------015,616-
-660,823468,554-25,295-243,402518,40714,80918,72111-23-119-1952124-213168-11,26710,108-1,5421,408-
770,688397,8701.8m1.7m1.6m68,088-202,797-41,646-38,880-36,053-33,596-31,059-28,969-25,740-23,698-22,392-20,955-26,434-12,21132,582
-2.4%0.6%-16.0%0.4%-55.4%--------------
-21.9%-25.7%-19.8%-19.9%3.1%-120.7%-109.9%----------174.5%-337.6%-42.5%71.7%
1.361.121.831.691.461.720.24---------0.360.070.523.53
1.361.121.130.970.951.720.24---------0.360.070.523.53
----31.63--------------0.40
----1.4%---------------97.8%
10.9%4.9%1.0%-23.6%0.0%-52.7%-80.3%---------27.3%-199.0%-181.9%-70.1%
49.9653.96over 100-23.46over 100-9.60--------------
-101 days70 days66 days126 days236 days--------------
-67 days82 days82 days120 days206 days--------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Social balance sheet

Item31-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date-172123
full-time-121418
part-time-575
in full-time equivalents-1619.622
11.73.92118
On a permanent contract-172123
Joined01128
Left17039
Training hours--1,959-

Source: social balance sheet in the 2021 to 2024 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€18,644€46,669€1.9m
Intangible fixed assets--€560,482-€7.6m
Financial fixed assets€0----
€40,512€63,797€546,298€1.2m€335,669

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Solutions Development Projects

The operating result for 2025 is 58% higher than in 2024 and the highest since 2006. It is the third rise in a row, after the fall in 2022.

Equity is negative. Debt (€3.6m) exceeds the balance-sheet total (€3.0m).

Board & ownership

Board

2 directors, 1 in day-to-day management, last change in 2024
Luc De Cock
Director
since 27-08-2019
listed in the 2025 annual accounts, filed on 22-07-2026
Guy Thoon
Director
since 18-09-2024 term until 18-09-2030
listed in the 2025 annual accounts, filed on 22-07-2026
Jan Struyve
Director general
appointed by deed of 04-04-2024
Jan Struyve
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Two directors jointly
deed of 23-09-2019

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today
Luc De Cock
Director
Guy Thoon
Director
Jan Struyve
Director general
M&S
Director
Willy Van Overloop
Director
Willy VAN OVERLOР
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • Luc De Cock
    • Director, from 27-08-2019 to date
    • Managing director, appointed by deed of 23-09-2019, last mentioned in 2019
  • Guy Thoon
    • Director, until 23-09-2019
    • Director, until 23-09-2019
    • Director, from 18-09-2024 to date
  • Jan Struyve
    • Director general, appointed by deed of 04-04-2024, still in office
  • M&S
    • Director, from 27-08-2019 to 18-09-2024
    • Director, appointed by deed of 23-09-2019, no longer listed in the 2025 annual accounts
  • Willy Van Overloop
    • Director, until 23-09-2019
  • Willy VAN OVERLOР
    • Director, until 23-09-2019

See the board, name and registered office on a given date →

Control

Parent
Fontibus
Equity €1.7m
Loss €19,644 in 2025 (profit €449,288 in 2024)
Checked score 94
100%
This company
Solutions Development Projects
Equity -€649,905
Profit €323,229 in 2025

and 1 other shareholder

Capital

Capital
€606,594.22
Shares
4,300 in the 2023 annual accounts
Contribution per share
€141
Equity per share
-€151 in 2025
Source
deed of 10-05-2021

Owners through the years

as the annual accounts name them
Fontibus
100%
100%
M & S
99.99%
99.99% until 2021
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 10-05-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
“6 jaar”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 19:00

Shareholders

2 owners

Owners 2

  • Fontibusparent
    Equity €1.7m Loss of €19,644 in 2025 (profit of €449,288 in 2024) Checked score 94
    Sourceaccounts Fontibus 2025
    100%+ 0% via subsidiaries
  • M & Sparent
    Equity €846,770 Profit of €434,322 in 2025 (profit of €194,555 in 2024)
    Sourcedeed 22-04-2021
    100%

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 22-04-2021 ↗
Capital over time
  1. 10-05-2021 Capital increase of €500,000 · to €606,594.22 · in cash

Network & group

Group

Fontibus has 7 holdings in 2 countries (2025 accounts), the bar shows equity in euros
ParentFontibus7 holdings, 2 countries 2025 accounts

Belgium 6 Year Equity Result

  • BE Solutions Development Projects 2025-€649,905 result €323,229 (2025)
  • BE IQ4u50% 2025€377,212 result €53,666 (2025)
  • BE Webcare 2025€303,963 result €31,739 (2025)
  • BE Cursor Systems70% 2025€140,870 result €38,340 (2025)
  • BE Dataverde 2025€138,406 result €18,691 (2025)
  • BE DKM Brewery20% 2025-€573,005 result -€247,712 (2025)

Europe 1 Year Equity Result

  • ES Solucion Desarrollo Programas Spain94% 2022€22,245 result €3,668 (2022)

Source: list of holdings in the 2025 accounts of Fontibus. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

At the same address

Vijfstraten 18, 9100 Sint-Niklaas · 6 other companies
SDP Retail
establishment since 12-08-2024 · founded in 2024 · group ALISTAR GROUP
 22 FTE (2025)
1012.410.576
SCI
registered office since 24-06-1987 · founded in 1987
 1.8 FTE (2025)
0431.305.550
Fontibus
registered office since 17-01-2022 · founded in 2022
 total assets €3.6m (2025)
0780.554.842
VSI
registered office since 10-09-2007 · founded in 2007
 total assets €2.7m (2025)
0891.939.150
DATAVERDE
registered office since 29-05-1998 · founded in 1998
 8 FTE (2025)
0463.000.301
WEBCARE
registered office since 26-08-1999 · founded in 1999
 5.1 FTE (2025)
0466.617.609

Connections & network

2 current directors
Depth

The network lets you explore the ties of Solutions Development Projects.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

52 events since 1989

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 9 days before the deadline
2025
Highest result from 2006 to 2025 net €323,229 ▲75.2% The operating result of €326,128 and the net result of €323,229 are both a record.
Annual accounts 2024 filed PDFfull format · 7 days before the deadline
2024
1 director appointed, 1 resignationResignation: M & S NV · Permanent representative: Bartholomeus Dhollander · Appointment: Guy Thoon · General meeting of 18-09-20245 points ▸
  • General meeting, 18-09-2024
  • Director resignation, M & S NV
  • Permanent representative, Bartholomeus Dhollander
  • Director discharge, M & S NV
  • Director appointment, Guy Thoon

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 13 days before the deadline
Appointment: Jan Struyve (director general)General meeting of 05-02-20243 points ▸

Open the deed in the Belgian Official Gazette

2023
Back to profit net €59,509 The net result is €59,509, after one loss-making year.
Annual accounts 2022 filed PDFfull format · 5 days before the deadline
2022
Weakest financial year net -€1.4m The net result drops to -€1.4m, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFfull format · 9 days before the deadline
2021
Back to profit net €3,250 The net result is €3,250, after 11 loss-making years.
Equity above €200,000 equity €228,927 Equity rises from -€274,323 to €228,927.
Annual accounts 2020 filed PDFfull format · 80 days before the deadline
Company renamed from Solution Développement Progiciel to Solutions Development ProjectsRegistered office moved from Namur to Sint-Niklaas · Capital increase of €500,000 to €606,594.22 · Capital from €106,594.22 to €606,594.228 points ▸
  • Name change, Solutions Development Projects
  • Registered-office move, Vijfstraten 18, 9100 Sint-Niklaas
  • Amendment of the articles, article 2
  • Capital increase, €500,000
  • Amendment of the articles, article 5
  • Capital, €606,594.22, 4,300 shares
  • Power of attorney, Raf Van der Veken
  • Registered office clause, Vijfstraten 18, 9100 Sint-Niklaas
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

M & S NV holds all the shares1 point ▸

Open the deed in the Belgian Official Gazette

Registered office moved from Namur to Sint-NiklaasNew registered office: Vijfstraten 18, 9100 Sint-Niklaas · Previous registered office: Chaussée de Marche 586B, 5101 Namur · General meeting of 01-03-20212 points ▸
  • General meeting, 01-03-2021
  • Registered-office move, Vijfstraten 18, 9100 Sint-Niklaas

Open the deed in the Belgian Official Gazette

First establishment SDP, Vijfstraten 18, Sint-Niklaas
2020
Liquidity more than 7 times current ratio 1.72 The current ratio rises from 0.24 to 1.72. Short-term debt falls from €265,125 to €94,757.
Annual accounts 2019 filed PDFmicro format · 21 days before the deadline
2019
Company renamed from PROMETHEUS to Solution Développement ProgicielRegistered office moved from Sint-Niklaas to Namur · New registered office: chaussée de Marche 586B, 5101 Namur (Erpent) · Previous registered office: Vijfstraten 18, 9100 Sint-Niklaas · General meeting of 27-08-201912 points ▸
  • General meeting, 27-08-2019
  • Name change, Solution Développement Progiciel
  • Registered-office move, chaussée de Marche 586B, 5101 Namur (Erpent)
  • Purpose change, “De commercialisering,productie,onderzoek,ontwikkeling,ontwerp van producten of diensten die verband kunnen houden met de computer,telecommunicatie en in het…” (deed in Dutch)
  • Director resignation, Luc De Cock
  • Director resignation, Willy Van Overloop
  • Director resignation, Guy Thoon
  • Board rule, 2, 7
  • Director appointment, Luc De Cock
  • Director appointment, M & S
  • Permanent representative, Bartholomeus Dhollander
  • Director appointment, Luc De Cock (managing director)
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFmicro format · 34 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 33 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 35 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 47 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 7 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 22 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 15 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 42 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 23 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 38 days before the deadline
2009
Back to profit net €3,275 The net result is €3,275, after 3 loss-making years.
Annual accounts 2008 filed PDFabbreviated format · 8 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 9 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 40 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1990 filed PDFabbreviated format
Annual accounts 1991 filed PDFabbreviated format
Annual accounts 1992 filed PDFabbreviated format
1990
Annual accounts 1989 filed PDFabbreviated format
1989
Incorporation published on 13-07-1989

Financial milestones sit on the financial year-end date, not the filing date.

A deed published in both Dutch and French appears here once.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 19 June 1989, Solutions Development Projects was incorporated.1 The name was changed to Solution Développement Progiciel in 2019 and to Solutions Development Projects in 2021.23 The registered office moved to Namur in 2019 and to Sint-Niklaas in 2021.24 A capital increase in 2021 brought the capital to €606,594.3 Turnover went from €197,234 in 2020 to €8.5m in 2024 and headcount from 1.3 full-time equivalents in 2019 to 11.7 in 2024.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-09-2019
  3. 3Belgian Official Gazette, 10-05-2021
  4. 4Belgian Official Gazette, 30-03-2021
  5. 5National Bank, annual accounts 2019, 2020 and 2024

Company details

Identity

Enterprise number
0437.776.044
VAT number
BE 0437.776.044
Peppol ID
0208:0437776044
Other Peppol ID
9925:BE0437776044
Legal form
Public limited company
Status
Active, normal situation
Founded
19-06-1989
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 19:00
deed of 10-05-2021 (in Dutch)
Peppol
Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
Name
Solutions Development Projects in Dutch
Abbreviation
SDP in Dutch
Name in the Peppol Directory
Solutions Dev Pro
Former names
Solution Développement Progiciel until the deed of 10-05-2021
PROMETHEUS until the deed of 23-09-2019
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-05-2021 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Solutions Development Projects
deed of 10-05-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vijfstraten 18, 9100 Sint-Niklaas”
deed of 10-05-2021 (in Dutch)

Activities

NACEBEL 2025
63100 Computing infrastructure, data processing, hosting and related activities main activity
62100 Computer programming
62200 Computer consultancy and computer facilities management
62900 Other information technology and computer services
77400 Rental and leasing activities
82990 Other business support services
85599 Other education
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
63110 Computing infrastructure, data processing, hosting and other information service activities main activity
62010 Computer programming, consultancy and related activities
62020 IT consultancy
62030 Computer programming, consultancy and related activities
62090 Computer programming, consultancy and related activities
77400 Rental and leasing activities
82990 Other business support services
85599 Other education
Codes under NACEBEL 2003
72300 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“La commercialisation, la fabrication, la recherche, le développement, la conception de tous produits ou services pouvant se rattacher aux…”
3 activities
  1. La commercialisation, la fabrication, la recherche, le développement, la conception de tous produits ou services pouvant se rattacher aux secteurs de l'informatique, des télécommunications et d'une façon générale, à toutes techniques et technologies nouvelles; le traitement en continu ou non de données à l'aide, soit du programme du client, soit d'un programme propre, le service de saisie de données, le traitement complet de données, l'enseignement, la formation, le conseil dans tous les domaines touchant à ces secteurs
  2. La création, l'acquisition, la location, la prise en location-gérance de tous fonds de commerce, la prise à bail, l'installation, l'exploitation de tous établissements ou fonds de commerce se rapportant à l'une ou l'autre des activités spécifiées
  3. L'acquisition, l'exploitation ou la cession de tous procédés et brevets concernant ces activités
deed of 23-09-2019 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
SDP registered office Vijfstraten 18, 9100 Sint-Niklaas 01-03-2021 2.315.403.361
3 former offices
  • 5101 Namur(Erpent) until the deed of 10-05-2021
  • Chaussée de Marche,586B, 5101 Namur until 01-03-2021 · deed of 30-03-2021
  • 9100 Sint-Niklaas until the deed of 23-09-2019

Buildings and parcels at the address

Ground area
705 m²
Buildings
222 m²
Volume, LiDAR
1,074 m³
Tallest building
11.0 m
Buildings to scale, each on its own parcel
222 m², 11.0 m 222 m², 11.0 m

Location

registered office establishment The establishment unit on the map
7 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
46447B0479/00E005705 m² 1 · 222 m² 11.0 m · 1

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