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Sources Development

Active
Private limited company·Ontwikkeling van residentiële bouwprojecten· 9 yrs active
Guimardstraat 18 ·1040 Brussel, Belgium
KBO/BCE: BE 0668.433.334
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Belgian State Gazette acts: 0 of 6 read
Age9 yrs
Real estate2 parcels · 5,136 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Sources Development is 0.6% (low). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 32 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
How we compute the deadline
The year end is derived from 8 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 20-08-2025 20 d late 2025-00393190
31-12-2023 31-07-2024 24-07-2024 7 d early 2024-00283367
31-12-2022 31-07-2023 26-07-2023 5 d early 2023-00298206
31-12-2021 31-07-2022 30-06-2022 31 d early 2022-20134563
31-12-2020 31-07-2021 04-08-2021 4 d late 2021-46700601
31-12-2019 31-07-2020 02-07-2020 29 d early 2020-25500364
31-12-2018 31-07-2019 18-07-2019 13 d early 2019-36800231
31-12-2017 31-07-2018 13-06-2018 48 d early 2018-17900531

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2016, 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

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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate region +Lower-failure-rate sector −

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

Financials

Annual accounts & ratios

Source: NBB
Financials being processed
NBB has 8 filing(s) on record for this company, latest fiscal year 2024 (volledig). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-12-2024 volledig 20-08-2025 2025-00393190
31-12-2023 volledig 24-07-2024 2024-00283367
31-12-2022 volledig 26-07-2023 2023-00298206
31-12-2021 volledig 30-06-2022 2022-20134563
31-12-2020 volledig 04-08-2021 2021-46700601
31-12-2019 volledig 02-07-2020 2020-25500364
31-12-2018 volledig 18-07-2019 2019-36800231
31-12-2017 volledig 13-06-2018 2018-17900531

Directors

Directors & mandates

2 directors
6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
  • Scarfo SRLLegal entity
    Director· perm. rep.: Adeline Simont
    State Gazette act 25082427 (02-07-2025)
    Current
    02-07-2025 → present
Former directors (1)
  • Emilie Rousseaux
    Director
    State Gazette act 25082427 (02-07-2025)
    Former
    - → 27-03-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Ontwikkeling van residentiële bouwprojecten(68121)
Legal form Private limited company(610)
Incorporation23-12-2016
StatusActive
Postal code1040

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
33 companies at this address See who is registered here

Establishment units

1 location
Sources Development
Lloyd Georgelaan 7, 1000 BrusselOntwikkeling van residentiële bouwprojecten
since 20162.260.605.883
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area5,136 m²
Buildings2
Building footprint3,272 m²
Volume (LiDAR)59,875 m³
Tallest building30.9 m · ±8 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21822R0229/00M003 Brussels 4,635 m² 1 · 2,770 m² 30.9 m · 8 fl.
21805E0197/00N000
ProtectedMonumentNeoclassicistisch huisSource ↗
 Brussels 502 m² 1 · 502 m² 24.8 m · 6 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

2 acts
All acts · 2 updated 1 year ago
2025
02-07-2025 2 directors appointed, 1 resigning Director changes
  • Adeline Simont, Bestuurder
  • Martine Lion, Mandataire
  • Emilie Rousseaux, Bestuurder
2023
12-12-2023 Change in the board of directors Director changes·Frederic CONVENT
Notary: Frederic CONVENT · Ixelles

Analysis

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 2,018 of the 9,649 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten68121Algemene bouw van residentiële gebouwen41001Algemene bouw van kantoorgebouwen41002Algemene bouw van andere niet-residentiële gebouwen41003Ontwikkeling van niet-residentiële bouwprojecten68122
Primary activity highlighted.
Names & trade names
Legal nameFR Sources Development
Registered office
Guimardstraat 18
1040 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.