ACTIVE

DEVELOPMENT

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Financial year 2025 · Closed on 30/06/2025

Net result-14,3 k €-256,9 %over 1 year

Gross margin96 k €+76,1 %over 1 year

Equity304,8 k €-4,5 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

DEVELOPMENT is a Public limited company incorporated in 1987. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Izegem. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0430.742.554
Incorporation: 30/03/1987
Legal form: Public limited company
Registered office: Gentseheerweg 63
8870 Izegem · FlandreSee on map
Contributed capital: 297 472,23 €
Latest accounts: 30/06/2025
Average workforce: 1,0 ETP

Activities (NACE)

66199Other activities auxiliary to financial services, except insurance and pension funding· main 66199Other activities auxiliary to financial services, except insurance and pension funding 70200Management consultancy activities 70220Business and other management consultancy activities 64200Activities of holding companies 64210Activities of holding companies+4

Joint committees (2)

10000
200000

Signals

Solid equityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2020
Income statement
Gross margin	96 k €	+76.1%	54,5 k €	-38.6%	88,8 k €	-10.0%	98,7 k €	+52.0%	65 k €
EBITDA	-10,4 k €	-172%	14,5 k €	-52.0%	30,1 k €	-4.9%	31,7 k €	+865%	3,3 k €
Operating result	-13,6 k €	-220%	11,3 k €	-58.2%	26,9 k €	-6.4%	28,8 k €	+1090%	-2,9 k €
Net result	-14,3 k €	-257%	9,1 k €	-60.0%	22,7 k €	-7.7%	24,6 k €	+1640%	1,4 k €
Balance sheet
Equity	304,8 k €	-4.5%	319,1 k €	+2.9%	310 k €	+7.9%	287,3 k €	+10.5%	260 k €
Total assets	690,8 k €	-1.1%	698,3 k €	+3.8%	672,6 k €	-8.4%	734,4 k €	+18.3%	620,7 k €
Cash	8,7 k €	+808%	962,7 €	-77.5%	4,3 k €	+793%	479,6 €	+1321%	33,8 €
Debts	377,2 k €	+1.7%	370,7 k €	+4.6%	354,3 k €	-19.3%	439 k €	+24.1%	353,8 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eveline Soenen	Directorsince 01/03/2024

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Evelien Soenen	Managing director28/10/2016 → 2023 accounts
Karolien Soenen	Director28/10/2022 → 2023 accounts

Other companies at this address

Gentseheerweg 63 8870 Izegem

Company	CBE no.
SNINA● Active	0743.514.403
Soenen Europe● Active	0745.610.195
SOENEN HENDRIK● Active	0430.773.436
SOENEN H. MACHINES, SERVICE AND PROTOTYPES● Active	0430.773.535

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/01/2026	27/01/2025	25/01/2024	25/01/2023	13/12/2021	17/12/2020
General meeting	31/10/2025	25/10/2024	27/10/2023	28/10/2022	29/10/2021	30/10/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	31/10/2025	07/01/2026	Dutch	PDF
Abridged model	30/06/2024	25/10/2024	27/01/2025	Dutch	PDF
Abridged model	30/06/2023	27/10/2023	25/01/2024	Dutch	PDF
Abridged model	30/06/2022	28/10/2022	25/01/2023	Dutch	PDF
Abridged model	30/06/2021	29/10/2021	13/12/2021	Dutch	PDF
Abridged model	30/06/2020	30/10/2020	17/12/2020	Dutch	PDF
Abridged model	30/06/2019	25/10/2019	19/11/2019	Dutch	PDF
Abridged model	30/06/2018	26/10/2018	28/11/2018	Dutch	PDF
Abridged model	30/06/2017	27/10/2017	28/11/2017	Dutch	PDF
Abridged model	30/06/2016	28/10/2016	30/11/2016	Dutch	PDF
Abridged model	30/06/2015	30/10/2015	30/11/2015	Dutch	PDF
Abridged model	30/06/2014	31/10/2014	27/11/2014	Dutch	PDF
Abridged model	30/06/2013	25/10/2013	19/12/2013	Dutch	PDF
Abridged model	30/06/2012	26/10/2012	03/12/2012	Dutch	PDF
Abridged model	30/06/2011	28/10/2011	21/12/2011	Dutch	PDF
Abridged modelCorrection	30/06/2010	29/10/2010	21/12/2010	Dutch	PDF
Abridged model	30/06/2010	29/10/2010	15/12/2010	Dutch	PDF
Abridged model	30/06/2009	30/10/2009	01/12/2009	Dutch	PDF
Abridged model	30/06/2008	31/10/2008	13/11/2008	Dutch	PDF
Abridged model	30/06/2007	05/11/2007	29/11/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 30/06/2025

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eveline Soenen	Directorsince 01/03/2024

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Evelien Soenen	Managing director28/10/2016 → 2023 accounts
Karolien Soenen	Director28/10/2022 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2016
Herbenoeming bestuurders
PDF
Mandates04/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2005
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Eveline Soenen

Karolien Soenen

Evelien Soenen

Regina Schelpe

Hendrik Soenen

1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

DEVELOPMENT

Gentseheerweg 63, 8870 Izegem

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Gentseheerweg 63, 8870 IzegemCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00004410

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DEVELOPMENTCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00004410

Events

2025
Annual accounts 2025-14,3 k €↓
2024
Annual accounts 20249,1 k €↓
2023
Annual accounts 202322,7 k €↓
2022
Annual accounts 202224,6 k €↑
2020
Annual accounts 20201,4 k €↓
2019
Annual accounts 20195,6 k €↑
2018
Annual accounts 2018284,1 €↓
2017
Annual accounts 20176,8 k €↑
2016
Annual accounts 2016-9,8 k €↓
2015
Annual accounts 2015-2,6 k €↓
2014
Annual accounts 2014-80,7 €↑
2013
Annual accounts 2013-12,8 k €↑
2012
Annual accounts 2012-699,8 k €↓
2011
Annual accounts 2011-1,3 k €↓
2010
Annual accounts 2010172 k €↑
2009
Annual accounts 200971,7 k €↓
2008
Annual accounts 2008143,8 k €↑
2007
Annual accounts 20074,9 k €
30/03/1987
IncorporationPublic limited company

DEVELOPMENT

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events