Société financière de Développement - Financiele Maatschappij voor Ontwikkeling
ActiveSociété financière de Développement - Financiele Maatschappij voor Ontwikkeling is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €36.89M and a net result of €1.56M. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 83% of 2382 sector peers (fiscal year 2025). The company has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
31 d early
2023
42 d early
2022
33 d early
2021
24 d early
2020
60 d early
2019
46 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€36.89M=
2024 · €36.88M
2018: €10.65M
2021: €36.81M
2022: €36.85M
2023: €36.85M
2024: €36.88M
2018 → 2025
Net result
€1.56M▼ 76.8%
2024 · €6.73M
2018: €990k
2021: €470k
2022: €1.49M
2023: €1.98M
2024: €6.73M
2018 → 2025
Total assets
€39.20M▼ 11.7%
2024 · €44.39M
2018: €11.92M
2021: €38.14M
2022: €38.95M
2023: €39.59M
2024: €44.39M
2018 → 2025
Solvency
94.1%▲ 11.0pp
2024 · 83.1%
2018: 89.4%
2021: 96.5%
2022: 94.6%
2023: 93.1%
2024: 83.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.10M-
Equity€36.81M-€36.85M▲ 0.1%€36.85M=€36.88M▲ 0.1%€36.89M=
Operating result€693k-€1.50M▲ 117%€1.70M▲ 12.8%€1.87M▲ 10.1%€2.26M▲ 20.9%
Net result€470k-€1.49M▲ 217%€1.98M▲ 32.7%€6.73M▲ 241%€1.56M▼ 76.8%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 21% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39.20M
Fixed assets
€12.21M▼ 20.2%
Current assets
€26.99M▼ 7.2%
Equity and liabilities €39.20M
Equity
€36.89M=
Debt
€2.31M▼ 69.3%
The debt ratio falls from 16.9% to 5.9%: debt is paid down.
Key figures and ratios
Solvency
94.1%▲
2024 · 83.1%
ROE
4.2%▼
2024 · 18.3%
ROA
4.0%▼
2024 · 15.2%
Debt
€2.31M▼
2024 · €7.52M
Debt ≤ 1 year
€2.02M▼
2024 · €7.18M
Debt > 1 year
€144k▼
2024 · €152k
Income taxes
€135k▲
2024 · €129k
Staff costs
€516k▼
2024 · €684k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€44.39M€39.20M▼
Fixed assets21/28€15.30M€12.21M▼
Tangible fixed assets22/27€6.59M€6.41M▼
Land and buildings22€6.19M€6.08M▼
Furniture and vehicles24€58k€44k▼
Other tangible fixed assets26€336k€294k▼
Financial fixed assets28€8.71M€5.80M▼
Current assets29/58€29.10M€26.99M▼
Amounts receivable within one year40/41€563k€561k▼
Trade receivables40€67k€124k▲
Other amounts receivable41€496k€437k▼
Current investments50/53€27.80M€24.55M▼
Cash at bank and in hand54/58€298k€1.66M▲
Deferred charges and accrued income490/1€437k€221k▼
Equity and liabilities
Total equity and liabilities10/49€44.39M€39.20M▼
Equity10/15€36.88M€36.89M=
Contributions10/11€26.25M€26.25M=
Capital10€26.25M€26.25M=
Issued capital100€26.25M€26.25M=
Reserves13€2.63M€2.63M=
Non-distributable reserves130/1€2.63M€2.63M=
Legal reserve130€2.63M€2.63M=
Profit (loss) carried forward14€8.00M€8.01M▲
Amounts payable17/49€7.52M€2.31M▼
Amounts payable after more than one year17€152k€144k▼
Other amounts payable178/9€152k€144k▼
Amounts payable within one year42/48€7.18M€2.02M▼
Trade debts44€404k€392k▼
Suppliers440/4€404k€392k▼
Taxes, remuneration and social security45€72k€69k▼
Taxes450/3€2k€843▼
Remuneration and social security454/9€70k€68k▼
Other amounts payable47/48€6.70M€1.56M▼
Accrued charges and deferred income492/3€189k€144k▼
Income statement
Code20242025
Remuneration, social security and pensions62€684k€516k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€222k€219k▼
Other operating charges640/8€169k€157k▼
Gross operating margin9900€2.94M€3.15M▲
Operating profit (loss)9901€1.87M€2.26M▲
Financial income75/76B€5.00M€625k▼
Recurring financial income75€662k€625k▼
Non-recurring financial income76B€4.34M-
Financial charges65/66B€7k€1.19M▲
Recurring financial charges65€7k€55k▲
Non-recurring financial charges66B-€1.13M
Profit (loss) for the period before taxes9903€6.86M€1.70M▼
Income taxes67/77€129k€135k▲
Profit (loss) for the period9904€6.73M€1.56M▼
Profit (loss) for the period to be appropriated9905€6.73M€1.56M▼
Appropriation of the result
Profit (loss) to be appropriated9906€14.70M€9.56M▼
Profit (loss) brought forward from the previous period14P€7.97M€8.00M▲
Profit to be distributed694/7€6.70M€1.55M▼
Return on contributions (dividend)694€6.70M€1.55M▼
Social balance
Average headcount (FTE)90875.85.6▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
State Gazette act
Resignations & appointmentsGeneral meeting · Power of attorney · Director reappointment9 facts ▸
State Gazette act
Resignations & appointments
General meeting · Power of attorney · Director reappointment9 facts ▸
- General meeting, 03/06/2026
- Power of attorney, Laurène Gobiet
- Director reappointment, Jean-Marie LAURENT JOSI (administrateur)
- Director reappointment, Xavier DELEVAL (administrateur)
- Director reappointment, Yves LIENART (administrateur)
- Mandate compensation, Jean-Marie LAURENT JOSI
- Mandate compensation, Xavier DELEVAL
- Mandate compensation, Yves LIENART
- Director resignation, Jean-Louis LAURENT JOSI (administrateur)
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 13.34
Current ratio from 4.06 to 13.34; short-term debt falls from €7.18M to €2.02M.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €6.73M ▲241%
Net result €6.73M, the highest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €470k ▼52.6%
Net result drops to €470k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 22.06
Current ratio from 5.64 to 22.06; short-term debt falls from €1.17M to €1.03M.
31-12
Financial
Equity above €25MEq €36.81M ▲246%
2 profitable years in a row build equity to €36.81M.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26098179). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Laurent Josi Jean-Marie
CurrentDirector · since 03-06-2026
Xavier DELEVAL
CurrentDirector · since 03-06-2026
Yves LIENART
CurrentDirector · since 03-06-2026
30-07-2026
Jean-Louis LAURENT JOSI: Resigned as Director
03-06-2026
Laurent Josi Jean-Marie: Mandate renewed as Director
03-06-2026
Xavier DELEVAL: Mandate renewed as Director
03-06-2026
Yves LIENART: Mandate renewed as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1970
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koloniënstraat 111000 BrusselGround area
3,406 m²
Building footprint
3,354 m²
Volume, LiDAR
88,937 m³
Parcel 21804D1424/00E002, Brussels · tallest building 35.3 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Koloniënstraat 11, 1000 Brussel
since 19702.003.665.355
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1424/00E002 | Brussels | 3,406 m² | 1 · 3,354 m² | 35.3 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
11 connected companiesLinked via shared directors
viaLaurent Josi Jean-Marie · Director
→
viaLaurent Josi Jean-Marie · Administrateur non exécutif
former→
viaLaurent Josi Jean-Marie · Director
former→
viaLaurent Josi Jean-Marie · Director
former→
Show 7 more companies with a shared director
viaLaurent Josi Jean-Marie · Director
former→
viaLaurent Josi Jean-Marie · Director
former→
viaLaurent Josi Jean-Marie · Director
former→
viaLaurent Josi Jean-Marie · Director
former→
viaLaurent Josi Jean-Marie · Director
former→
viaLaurent Josi Jean-Marie · Director
former→
viaLaurent Josi Jean-Marie · Director
former→
Recognitions · licences · registrations
Legal Entity Identifier
967600S3WRPP8PLZVR48
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 3,160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-01-1970
Fiscal year end31-12
Abbreviation FR
Sofidev
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
65234
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.