ACTIVE

Development Management Consulting

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Financial year 2025 · closed on 31/12/2025

Net result

24,6 k €

+105.6% YoY

Gross margin

37,5 k €

+120.7% YoY

Equity

-40 k €

+38.1% YoY

What does Development Management Consulting do?

Development Management Consulting is a Public limited company incorporated in 1991. Its main activity is: Market research and public opinion polling. Its registered office is in Waterloo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.173.976

Incorporation

20/09/1991

Legal form

Public limited company

Registered office

Chaussée de Bruxelles 323 box 5
1410 Waterloo · WallonieSee on map

Contributed capital

250 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

73200Market research and public opinion polling· main 73200Market research and public opinion polling 74131Specialised design activities

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 21 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006		2005
Income statement
Gross margin	37,5 k €	+121%	-181,6 k €	-824%	25,1 k €	-19.1%	31 k €	+1.7%	30,5 k €	+22.7%	24,9 k €	-46.3%	46,3 k €	+155%	18,2 k €	-14.6%	21,3 k €	-12.7%	24,4 k €	-12.1%	27,7 k €	+197%	9,3 k €	-30.1%	13,3 k €	-31.5%	19,4 k €	-20.5%	24,4 k €	-50.2%	49,1 k €	+33.3%	36,8 k €	-6.5%	39,4 k €	+86.9%	21,1 k €	+694%	-3,5 k €	-106%	58,2 k €
EBITDA	36,5 k €	+120%	-182,9 k €	-858%	24,1 k €	-18.4%	29,6 k €	-2.6%	30,4 k €	+25.7%	24,2 k €	-47.3%	45,8 k €	+159%	17,7 k €	-14.9%	20,8 k €	-12.9%	23,9 k €	-12.3%	27,3 k €	+208%	8,9 k €	-31.2%	12,9 k €	+51.1%	8,5 k €	-64.5%	24 k €	-50.7%	48,6 k €	+36.0%	35,8 k €	-7.6%	38,7 k €	+94.6%	19,9 k €	+545%	-4,5 k €	-108%	57,3 k €
Operating result	25 k €	+113%	-194,4 k €	-1633%	12,7 k €	-30.1%	18,1 k €	-21.9%	23,2 k €	-2.0%	23,7 k €	-47.8%	45,3 k €	+163%	17,2 k €	-17.3%	20,8 k €	-12.9%	23,9 k €	-12.3%	27,3 k €	+2912%	-969 €	-132%	3 k €	+283%	-1,7 k €	-111%	14,7 k €	-55.6%	33 k €	+12.8%	29,3 k €	-1.5%	29,8 k €	+167%	11,1 k €	+181%	-13,7 k €	+95.2%	-284,4 k €
Net result	24,6 k €	+106%	-442,4 k €	-3818%	11,9 k €	-5.8%	12,6 k €	-68.4%	40 k €	+145%	16,3 k €	-44.5%	29,3 k €	+76.2%	16,7 k €	-17.9%	20,3 k €	-17.1%	24,4 k €	-15.1%	28,8 k €	+22571%	127 €	-97.1%	4,4 k €	+343%	-1,8 k €	-111%	17,1 k €	+40.5%	12,2 k €	-59.5%	30,1 k €	-49.3%	59,3 k €	+440%	11 k €	+74.4%	6,3 k €	+102%	-284,8 k €
Balance sheet
Equity	-40 k €	+38.1%	-64,6 k €	-117%	377,8 k €	+3.3%	365,9 k €	+3.6%	353,3 k €	+12.8%	313,4 k €	+5.5%	297,1 k €	+11.0%	267,7 k €	+6.6%	251,1 k €	+8.8%	230,8 k €	+11.8%	206,4 k €	+16.2%	177,6 k €	+0.1%	177,4 k €	+2.5%	173,1 k €	-1.0%	174,9 k €	+10.9%	157,7 k €	+8.4%	145,5 k €	+26.1%	115,4 k €	+106%	56,1 k €	+24.4%	45,1 k €	+16.2%	38,8 k €
Total assets	706,7 k €	-46.6%	1,3 M €	-20.5%	1,7 M €	+0.7%	1,7 M €	-0.8%	1,7 M €	+3.2%	1,6 M €	+371%	342,5 k €	+25.1%	273,8 k €	+3.3%	265,2 k €	+10.3%	240,3 k €	+14.1%	210,6 k €	+11.9%	188,2 k €	+2.9%	182,8 k €	-0.4%	183,5 k €	-1.9%	187,2 k €	+11.1%	168,5 k €	+11.0%	151,8 k €	+27.6%	119 k €	+15.0%	103,4 k €	+27.8%	80,9 k €	-32.0%	119 k €
Cash	578,6 k €	-51.6%	1,2 M €	+7979%	14,8 k €	-18.9%	18,3 k €	-1.2%	18,5 k €	+112%	8,7 k €	-96.9%	282,8 k €	+31.4%	215,2 k €	-4.7%	225,9 k €	+9.8%	205,8 k €	+17.8%	174,7 k €	+8.7%	160,7 k €	+12.2%	143,2 k €	+10.2%	130 k €	+5.1%	123,7 k €	+19.9%	103,1 k €	+12.0%	92,1 k €	+1336%	6,4 k €	-47.2%	12,1 k €	+12.4%	10,8 k €	-58.2%	25,8 k €
Debts	746,6 k €	-46.2%	1,4 M €	+7.9%	1,3 M €	-0.1%	1,3 M €	-2.0%	1,3 M €	+0.9%	1,3 M €	+2758%	45,5 k €	+643%	6,1 k €	-56.7%	14,1 k €	+48.1%	9,5 k €	+125%	4,2 k €	-60.2%	10,6 k €	+97.4%	5,4 k €	-48.5%	10,5 k €	-14.9%	12,3 k €	+13.9%	10,8 k €	+71.3%	6,3 k €	+79.3%	3,5 k €	-92.6%	47,3 k €	+32.4%	35,7 k €	-55.4%	80,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,4 ETP		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

Christian BOON-FALLEUR

Managing director · since 21 mars 2021 · until 21 mars 2027

Active

Etienne RUTSAERT

Chairman of the board of directors · since 21 mars 2021 · until 21 mars 2027

Active

Vincent BOON-FALLEUR

Director · since 21 mars 2021 · until 21 mars 2027

Active

Ended mandates

Vincent BOON-FALLEUR

Director · since 21 mars 2015 · until 21 mars 2021

Ended

Christian BOON-FALLEUR

Managing director · since 17 mars 2015 · until 21 mars 2021

Ended

Etienne RUTSAERT

Chairman of the board of directors · since 17 mars 2015 · until 21 mars 2021

Ended

Christian BOON-FALLEUR

Managing director · since 18 mars 2009 · until 17 mars 2015

Ended

At this address

Other companies at this address

Company	CBE no.
SISTAN● Active	0776.529.441
TALINE● Active	0683.872.665

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	31/08/2025	24/09/2024	20/07/2023	17/08/2022	13/09/2021
General meeting	20/06/2026	22/03/2025	23/03/2024	18/03/2023	19/03/2022	20/03/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/06/2026	31/08/2026	French	PDF
Micro model	31/12/2024	22/03/2025	31/08/2025	French	PDF
Micro model	31/12/2023	23/03/2024	24/09/2024	French	PDF
Micro model	31/12/2022	18/03/2023	20/07/2023	French	PDF
Micro model	31/12/2021	19/03/2022	17/08/2022	French	PDF
Micro model	31/12/2020	20/03/2021	13/09/2021	French	PDF
Micro model	31/12/2019	05/09/2020	02/12/2020	French	PDF
Micro model	31/12/2018	23/03/2019	19/07/2019	French	PDF
Micro model	31/12/2017	24/03/2018	04/07/2018	French	PDF
Micro model	31/12/2016	28/03/2017	04/08/2017	French	PDF
Abridged model	31/12/2015	19/03/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	21/03/2015	29/07/2015	French	PDF
Abridged model	31/12/2013	22/03/2014	24/03/2014	French	PDF
Abridged model	31/12/2012	23/03/2013	02/08/2013	French	PDF
Abridged model	31/12/2011	24/03/2012	10/07/2012	French	PDF
Abridged model	31/12/2010	19/03/2011	29/07/2011	French	PDF
Abridged model	31/12/2009	20/03/2010	30/07/2010	French	PDF
Abridged model	31/12/2008	21/03/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	22/03/2008	17/07/2008	French	PDF
Abridged model	31/12/2006	24/03/2007	30/07/2007	French	PDF
Abridged model	31/12/2005	18/03/2006	30/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

Christian BOON-FALLEUR

Managing director · since 21 mars 2021 · until 21 mars 2027

Active

Etienne RUTSAERT

Chairman of the board of directors · since 21 mars 2021 · until 21 mars 2027

Active

Vincent BOON-FALLEUR

Director · since 21 mars 2021 · until 21 mars 2027

Active

Ended mandates

Vincent BOON-FALLEUR

Director · since 21 mars 2015 · until 21 mars 2021

Ended

Christian BOON-FALLEUR

Managing director · since 17 mars 2015 · until 21 mars 2021

Ended

Etienne RUTSAERT

Chairman of the board of directors · since 17 mars 2015 · until 21 mars 2021

Ended

Christian BOON-FALLEUR

Managing director · since 18 mars 2009 · until 17 mars 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other22/01/2026
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ASSEMBLEE GENERALE
PDF
Mandates10/03/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates26/01/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates18/03/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office14/08/2006
SIEGE SOCIAL
PDF
Mandates14/08/2006
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202524,6 k €↑
2024
Annual accounts 2024-442,4 k €↓
2023
Annual accounts 202311,9 k €↓
2022
Annual accounts 202212,6 k €↓
2021
Annual accounts 202140 k €↑
2020
Annual accounts 202016,3 k €↓
2019
Annual accounts 201929,3 k €↑
2018
Annual accounts 201816,7 k €↓
2017
Annual accounts 201720,3 k €↓
2016
Annual accounts 201624,4 k €↓
2015
Annual accounts 201528,8 k €↑
2014
Annual accounts 2014127 €↓
2013
Annual accounts 20134,4 k €↑
2012
Annual accounts 2012-1,8 k €↓
2011
Annual accounts 201117,1 k €↑
2010
Annual accounts 201012,2 k €↓
2009
Annual accounts 200930,1 k €↓
2008
Annual accounts 200859,3 k €↑
2007
Annual accounts 200711 k €↑
2006
Annual accounts 20066,3 k €↑
2005
Annual accounts 2005-284,8 k €
20/09/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Development Management Consulting

Overview

What does Development Management Consulting do?

Trend over 21 financial years

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