Equity
€145,787 from €601,396 in 2012
Equity fell by 76% in 13 years.
ID DEVELOPMENTS
Lifetime
19 annual accounts with figures on one time axis, 37 filings since 1988peak €805,469 (2011)
€171,487▲ 224%
lowest -€627,102 (2013)
€145,294▲ 791%
peak €601,396 (2012)
€145,787▲ 296×
€403,269▼ 27.4%
peak 10.7 FTE (2012)
-not published
Board4 names since 2019
2 directorsWILLEMS Inge and 1 other
Owners
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from €52,870 to €171,487Result from €16,301 to €145,294Equity from €493 to €145,787Debts from €555,496 to €403,269Cash from €42,333 to €62,702
Key points
from the 2025 annual accountsResult
€145,294 ▲ 791%
The result rose in 2025 from €16,301 to €145,294.
Turnover
≈ €430,000 estimated
The accounts state no turnover.
Debts
€403,269 73% of the balance sheet
Financial debts 3%Suppliers 0%Taxes and wages 2%Other 95%
Of this, €390,016 falls due within a year.
Filings
37 annual accounts since 1988
The last five annual accounts were filed 1 to 6 days before the end of the period.
Position in the sector
€145,294
Higher net result than 95% of companies in civil engineering. Sector median €12,006 · 1,259 companies.
Checked score
95
Excellent
Financially stronger than 59% of micro companies in civil engineering (NACE 42)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.6%▲ +0.2 percentage points vs 12-2024highest value
02-2025: 0.2%▼ -0.4 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.2 percentage points vs 12-2025
02-2026: 0.1%▼ -0.3 percentage points vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Civil engineering (NACE 42)
lowers risk
Founded in 1988
Size: total assets €549,057
Liquidity: current ratio 0.31, cash €62,702
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 42, micro). It does better than 30% of them on solvency, 17% on liquidity, 91% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
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, 2,613 companies had the same profile as ID DEVELOPMENTS has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ID DEVELOPMENTS itself: 0.1% within 12 months.
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.
| 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 2,613 companies, not a prediction for ID DEVELOPMENTS. 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
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.31 (0.26 in 2024), below 1. Short-term debt is 71% and cash 11.4% of total assets. 73.4% of the assets are financed with debt and provisions.
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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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
1 day early
2023
5 days early
2022
4 days early
2021
6 days early
2020
3 days early
2019
42 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 9 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- Inge Willems 1,090 sharesdeed of 17-08-2020
- Bart D'Hondt 1,090 sharesdeed of 17-08-2020
Shares in 1 company, WILLEMS COORDINATIE
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0434646409
Merger: WILLEMS AANNEMINGEN takes over WILLEMS COORDINATIE
Company renamed from WILLEMS AANNEMINGEN to ID Developments · Resignation: WILLEMS COORDINATIE (director) · Reappointments: WILLEMS Inge (director) and WILLEMS Yvan Theofiel Calixtus (director) · General meeting of 28-09-2020 · Gazette deed
Merger proposal: WILLEMS AANNEMINGEN takes over WILLEMS COORDINATIE
Permanent representative: Inge Willems · Inge Willems holds 1,090 shares · Bart D'Hondt holds 1,090 shares · Gazette deed
First establishment
WILLEMS AANNEMINGEN NV, Diestsesteenweg 31, Tielt-Winge
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ID DEVELOPMENTS Tielt-Winge | €549,057 | €171,487 | 26.6% | - |
| BELA Lubbeek | €438,093 | €197,172 | 34.4% | - |
| ONDERNEMINGEN COPPENS Knokke-Heist | €457,478 | €181,155 | 24.9% | 3.5 |
| SEPULCHRE-DE BELLEFROID Rixensart | €512,944 | €205,318 | 39.7% | 1 |
| Vandersnickt Roy Berlare | €520,015 | €125,458 | 21.3% | - |
| BUNTINX ERIC TUINAANLEG Hasselt | €743,455 | €159,417 | 84.9% | - |
| R EN S WEGENBOUW Beerse | €516,456 | €119,166 | 56.1% | 2.1 |
These companies have the same main activity as ID DEVELOPMENTS: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €438,000 and €743,000, founded between 1982 and 1992.
Official details
Source: KBO- Status
- Active since 22-06-1988Normal situation
- Activity
- Construction of roads and motorwaysNACE 42110
- Establishment unit
- 2.039.191.5073390 Tielt-Winge, since 13-07-1988
- Financial year end
- 30 June
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-06-2025
- €549,057▼ 1.2%
- Filing
- Filed on 29-01-2026, 2 days before the end of the filing period
Insights on ID DEVELOPMENTS
ID DEVELOPMENTS files the micro format. That format states no turnover. The gross margin fell from €557,135 in 2006 to €171,487 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ID DEVELOPMENTS
- What is the company number of ID DEVELOPMENTS?
- The company number of ID DEVELOPMENTS is 0434.646.409. The VAT number is the same number with BE in front: BE 0434.646.409.
- Where is ID DEVELOPMENTS based?
- The registered office is at Diestsesteenweg 31, 3390 Tielt-Winge.Company details
- What does ID DEVELOPMENTS do?
- According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
- What is the legal form of ID DEVELOPMENTS?
- ID DEVELOPMENTS is a public limited company (NV).
- When was ID DEVELOPMENTS founded?
- ID DEVELOPMENTS was founded on 22-06-1988.
- Is ID DEVELOPMENTS still active?
- Yes, ID DEVELOPMENTS is an active enterprise in the KBO register.
- What is the turnover of ID DEVELOPMENTS?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €171,487 and 2,203 comparable companies of the same size. It probably lies between €290,000 and €660,000. It is a rough estimate.Financials
- Is ID DEVELOPMENTS profitable?
- In financial year 2025, ID DEVELOPMENTS made a profit of €145,294.
- Where can I find the annual accounts of ID DEVELOPMENTS?
- ID DEVELOPMENTS filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ID DEVELOPMENTS due?
- ID DEVELOPMENTS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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