ACTIVE

SERVICE & DEVELOPMENT GROUP BELGIUM

Financial year 2025 · Closed on 30/12/2025

Net result8,3 M €+167,6 %over 1 year
Revenue12,8 M €+0,1 %over 1 year
Equity95,5 M €+2,5 %over 1 year
Workforce2,6 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

SERVICE & DEVELOPMENT GROUP BELGIUM is a Public limited company incorporated in 1975. Its registered office is in Gent. It employs on average 2,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0415.874.533
Incorporation
04/12/1975
Legal form
Public limited company
Registered office
Kortrijksesteenweg 1052 box D
9051 Gent · FlandreSee on map
Contributed capital
5 374 000,00 €
Latest accounts
30/12/2025
Average workforce
2,6 ETP
Joint committees (5)
  • 100
  • 1000
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue12,8 M €12,8 M €13,1 M €2,5 M €22,3 M €
EBITDA6,2 M €-2,3 M €18,1 M €-4,8 M €1,7 M €
Operating result5,2 M €-3,1 M €17,7 M €-5,4 M €1,3 M €
Net result8,3 M €-12,3 M €9,6 M €-3,6 M €5,8 M €
Balance sheet
Equity95,5 M €93,2 M €105,5 M €146,5 M €150,1 M €
Total assets204,9 M €189,9 M €204,2 M €270,3 M €244,4 M €
Cash4,7 M €886,4 k €4,5 M €13,1 M €1,2 M €
Debts107,1 M €94,2 M €96,3 M €121,4 M €91,8 M €
Other
Workforce2,6 ETP2,6 ETP2,6 ETP4,2 ETP5,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/12/2025

4 active · 33 ended

Active mandates

PDG Management

Director · since 18 juin 2025 · until 18 juin 2031 · 1024.248.338

Represented by Pierre De Graeve

Active
DG Management & Consulting

Managing director · since 01 avril 2024 · until 20 juin 2029 · 0407.665.759

Represented by Frank De Graeve

Active
MINERVA MANAGEMENT

Managing director · since 01 avril 2024 · until 20 juin 2029 · 0400.080.755

Represented by Dirk De Graeve

Active
Sabine Morel

Director · since 29 mars 2019 · until 18 juin 2025

Active

Ended mandates

Green Park Investments

Managing director · since 29 mars 2019 · until 31 mars 2024 · 0832.384.219

Represented by Frank De Graeve

Ended
Green Park Investments

Managing director · since 29 mars 2019 · until 19 mars 2025 · 0832.384.219

Represented by Frank De Graeve

Ended
MINERVA MANAGEMENT

Managing director · since 29 mars 2019 · until 19 mars 2025 · 0400.080.755

Represented by Dirk De Graeve

Ended
MINERVA MANAGEMENT

Managing director · since 29 mars 2019 · until 19 mars 2025 · 0400.080.755

Represented by Dirk De Graeve

Ended

Other companies at this address

Kortrijksesteenweg 1052 9051 Gent
CompanyCBE no.
ALFA INVEST● Active
0827.707.235
BRUOCSELLA● Active
0443.039.877
Carimmo● Active
0418.635.766
CARINVEST● Active
0832.383.031
CARLTON● Active
0442.540.724
DIVANI● Active
0830.657.916
Driekoningen● Active
0803.427.640
0811.874.954
0792.836.428
OCEANO● Active
0871.298.837
ORBIS● Active
0472.307.054
PANDA● Active
0448.124.360
Park 7 Co-Work● Active
0794.358.437
R.N.A.● Active
0450.454.043
0441.027.326
TEN BROELE● Active
0733.756.401
0431.248.736

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year31/12/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/12/202530/12/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year13 months15 months12 months12 months12 months12 months
Filing date27/07/202627/07/202626/03/202406/04/202320/04/202207/04/2021
General meeting17/06/202618/06/202520/03/202408/03/202316/03/202217/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/12/202517/06/202627/07/2026DutchPDF
Full model30/12/202418/06/202527/07/2026DutchPDF
Full model30/09/202320/03/202426/03/2024DutchPDF
Full model30/09/202208/03/202306/04/2023DutchPDF
Full model30/09/202116/03/202220/04/2022DutchPDF
Full model30/09/202017/03/202107/04/2021DutchPDF
Full model30/09/201918/03/202020/04/2020DutchPDF
Full model30/09/201829/03/201919/04/2019DutchPDF
Full model30/09/201721/03/201820/04/2018DutchPDF
Full model30/09/201628/04/201711/05/2017DutchPDF
Full model30/09/201516/03/201605/04/2016DutchPDF
Full model30/09/201418/03/201510/04/2015DutchPDF
Full model30/09/201319/03/201411/04/2014DutchPDF
Full model30/09/201220/03/201322/04/2013DutchPDF
Full model31/12/201031/05/201101/07/2011DutchPDF
Full model31/12/200918/05/201014/06/2010DutchPDF
Full model31/12/200819/05/200918/06/2009DutchPDF
Full model31/12/200720/05/200819/06/2008DutchPDF
Full modelCorrection31/12/200621/09/200725/09/2007DutchPDF
Full model31/12/200615/05/200722/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/12/2025

4 active · 33 ended

Active mandates

PDG Management

Director · since 18 juin 2025 · until 18 juin 2031 · 1024.248.338

Represented by Pierre De Graeve

Active
DG Management & Consulting

Managing director · since 01 avril 2024 · until 20 juin 2029 · 0407.665.759

Represented by Frank De Graeve

Active
MINERVA MANAGEMENT

Managing director · since 01 avril 2024 · until 20 juin 2029 · 0400.080.755

Represented by Dirk De Graeve

Active
Sabine Morel

Director · since 29 mars 2019 · until 18 juin 2025

Active

Ended mandates

Green Park Investments

Managing director · since 29 mars 2019 · until 31 mars 2024 · 0832.384.219

Represented by Frank De Graeve

Ended
Green Park Investments

Managing director · since 29 mars 2019 · until 19 mars 2025 · 0832.384.219

Represented by Frank De Graeve

Ended
MINERVA MANAGEMENT

Managing director · since 29 mars 2019 · until 19 mars 2025 · 0400.080.755

Represented by Dirk De Graeve

Ended
MINERVA MANAGEMENT

Managing director · since 29 mars 2019 · until 19 mars 2025 · 0400.080.755

Represented by Dirk De Graeve

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates25/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/12/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20258,3 M €↑
  2. 18/06/2025
    nominationPDG Management BV — bestuurder
  3. 18/06/2025
    reconductionBV VRC Bedrijfsrevisoren — commissaris
  4. 2024
    Annual accounts 2024-12,3 M €↓
  5. 01/04/2024
    nominationDG MANAGEMENT & CONSULTING BV — bestuurder en gedelegeerd bestuurder
  6. 01/04/2024
    nominationMINERVA MANAGEMENT BV — bestuurder en gedelegeerd bestuurder
  7. 2023
    Annual accounts 20239,6 M €↑
  8. 2022
    Annual accounts 2022-3,6 M €↓
  9. 16/03/2022
    reconductionVANDER DONCKT - ROOBROUCK - CHRISTIAENS BEDRIJFSREVISOREN CVBA — commissaris
  10. 2021
    Annual accounts 20215,8 M €↑
  11. 2017
    Annual accounts 20174,7 M €↑
  12. 2015
    Annual accounts 20152 M €↓
  13. 2014
    Annual accounts 201416,7 M €↑
  14. 2013
    Annual accounts 20131,4 M €↓
  15. 2013
    Name changeService & Development Group Belgium
  16. 2012
    Annual accounts 20123 M €↓
  17. 2010
    Annual accounts 20104,2 M €↑
  18. 2009
    Annual accounts 20091,2 M €↑
  19. 2008
    Annual accounts 2008866,7 k €↓
  20. 2007
    Annual accounts 20075,6 M €↑
  21. 2006
    Annual accounts 20062,6 M €
  22. 2006
    Name changeImmo Claes
  23. 04/12/1975
    IncorporationPublic limited company