ACTIVE

DEVELOPMENT SURVEYS

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Financial year 2025 · closed on 30/06/2025

Net result

-29,3 k €

-8.3% YoY

Gross margin

20,9 k €

-3.3% YoY

Equity

142,2 k €

-17.1% YoY

What does DEVELOPMENT SURVEYS do?

DEVELOPMENT SURVEYS is a Private limited company incorporated in 1991. Its registered office is in Montigny-le-Tilleul.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.958.488

Incorporation

16/12/1991

Legal form

Private limited company

Registered office

Rue de Gozée 697
6110 Montigny-le-Tilleul · WallonieSee on map

Contributed capital

18 750,00 €

Latest accounts

30/06/2025

Signals

Good liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	20,9 k €	-3.3%	21,7 k €	-11.4%	24,4 k €	-58.6%	59,1 k €	+29.6%	45,6 k €	+23.3%	37 k €	-3.3%	38,2 k €	+5.1%	36,4 k €	-30.1%	52 k €	+43.1%	36,4 k €	-28.2%	50,7 k €	-0.2%	50,7 k €	+77.4%	28,6 k €	-36.7%	45,2 k €	+0.4%	45 k €	-10.1%	50,1 k €	+3.1%	48,6 k €	-12.0%	55,2 k €	-10.5%	61,7 k €
EBITDA	7,8 k €	-50.1%	15,7 k €	-18.7%	19,3 k €	-63.9%	53,5 k €	+31.0%	40,9 k €	+29.8%	31,5 k €	-6.2%	33,6 k €	+5.8%	31,7 k €	-24.8%	42,2 k €	+38.0%	30,6 k €	-33.8%	46,2 k €	-0.4%	46,4 k €	+87.5%	24,7 k €	-43.2%	43,5 k €	+1.2%	43 k €	-7.7%	46,6 k €	-1.2%	47,2 k €	-11.5%	53,3 k €	-12.5%	60,9 k €
Operating result	-32,3 k €	-16.5%	-27,7 k €	-5.6%	-26,2 k €	-192%	28,5 k €	+101%	14,2 k €	+85.1%	7,6 k €	+72.8%	4,4 k €	+258%	1,2 k €	-88.5%	10,8 k €	+3594%	291,8 €	-97.8%	13,1 k €	+38.3%	9,5 k €	+171%	-13,3 k €	-686%	2,3 k €	+314%	-1,1 k €	-104%	27,9 k €	-2.0%	28,4 k €	-16.3%	34 k €	-15.8%	40,4 k €
Net result	-29,3 k €	-8.3%	-27,1 k €	+3.2%	-28 k €	-143%	65,1 k €	+149%	26,2 k €	+587%	3,8 k €	+531%	603 €	-96.9%	19,7 k €	+4.0%	19 k €	+331%	4,4 k €	-73.8%	16,8 k €	-29.1%	23,7 k €	+1097%	-2,4 k €	+53.8%	-5,2 k €	-143%	12,1 k €	-66.0%	35,4 k €	+569%	-7,6 k €	-251%	5 k €	-91.3%	57,4 k €
Balance sheet
Equity	142,2 k €	-17.1%	171,5 k €	-13.6%	198,6 k €	-12.3%	226,6 k €	-62.4%	602,6 k €	+5.5%	571,1 k €	+1.1%	564,7 k €	+1.2%	558,2 k €	-2.3%	571,7 k €	+1.6%	562,8 k €	+1.1%	556,4 k €	+1.9%	546 k €	-3.6%	566,6 k €	-0.0%	566,8 k €	+0.2%	565,9 k €	+3.4%	547,2 k €	+12.8%	485,1 k €	-0.9%	489,6 k €	+1.0%	484,6 k €
Total assets	688,4 k €	-4.2%	718,2 k €	-4.7%	753,3 k €	-1.6%	765,2 k €	+17.1%	653,4 k €	+6.4%	614,1 k €	+3.9%	591,1 k €	-11.3%	666,4 k €	-9.1%	733,1 k €	+0.6%	728,8 k €	+1.7%	716,7 k €	+1.2%	708,4 k €	-5.1%	746,4 k €	-3.2%	771,3 k €	-18.1%	941,2 k €	+51.3%	622,1 k €	+10.2%	564,7 k €	-7.3%	609,4 k €	+1.2%	602,5 k €
Cash	65,7 k €	+17.4%	55,9 k €	+29.9%	43,1 k €	+98.1%	21,7 k €	-88.4%	188,1 k €	+38.0%	136,3 k €	+0.6%	135,5 k €	-16.4%	162,1 k €	+2.6%	158 k €	+2.7%	153,8 k €	+75.7%	87,5 k €	+515%	14,2 k €	-39.5%	23,5 k €	-1.4%	23,9 k €	-87.6%	192,4 k €	+14.0%	168,8 k €	+25.7%	134,2 k €	+1047%	11,7 k €	-77.7%	52,5 k €
Debts	539,6 k €	-0.8%	543,8 k €	-0.8%	548,2 k €	+2.3%	536,1 k €	+999%	48,8 k €	+18.3%	41,2 k €	+66.4%	24,8 k €	-76.5%	105,2 k €	-33.6%	158,5 k €	-3.1%	163,6 k €	+5.3%	155,3 k €	-0.5%	156 k €	-10.8%	174,9 k €	-12.3%	199,5 k €	-46.4%	372,6 k €	+434%	69,8 k €	-9.4%	77 k €	-33.9%	116,6 k €	+0.7%	115,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 3 ended

Active mandates

Marc CRISPIN

Director

Active

MICHELE BECK

Director

Active

Ended mandates

Marc CRISPIN

Manager · since 16 décembre 1991

Ended

Marc CRISPIN

Manager

Ended

Michèle BECK

Manager

Ended

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	01/07/2024	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	28/12/2025	17/12/2024	31/01/2024	15/01/2023	03/01/2022	10/02/2021
General meeting	06/12/2025	07/12/2024	02/12/2023	03/12/2022	04/12/2021	05/12/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	06/12/2025	28/12/2025	French	PDF
Micro model	30/06/2024	07/12/2024	17/12/2024	French	PDF
Micro model	30/06/2023	02/12/2023	31/01/2024	French	PDF
Micro model	30/06/2022	03/12/2022	15/01/2023	French	PDF
Micro model	30/06/2021	04/12/2021	03/01/2022	French	PDF
Micro model	30/06/2020	05/12/2020	10/02/2021	French	PDF
Micro model	30/06/2019	07/12/2019	31/01/2020	French	PDF
Micro model	30/06/2018	01/12/2018	31/01/2019	French	PDF
Micro model	30/06/2017	02/12/2017	31/01/2018	French	PDF
Abridged model	30/06/2016	03/12/2016	16/01/2017	French	PDF
Abridged model	30/06/2015	05/12/2015	15/12/2015	French	PDF
Abridged model	30/06/2014	16/10/2014	03/11/2014	French	PDF
Abridged model	30/06/2013	07/12/2013	23/12/2013	French	PDF
Abridged model	30/06/2012	31/12/2012	25/01/2013	French	PDF
Abridged model	30/06/2011	26/12/2011	17/01/2012	French	PDF
Abridged model	30/06/2010	04/12/2010	29/12/2010	French	PDF
Abridged model	30/06/2009	29/12/2009	15/01/2010	French	PDF
Abridged model	30/06/2008	29/12/2008	29/01/2009	French	PDF
Abridged model	30/06/2007	01/12/2007	27/12/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 3 ended

Active mandates

Marc CRISPIN

Director

Active

MICHELE BECK

Director

Active

Ended mandates

Marc CRISPIN

Manager · since 16 décembre 1991

Ended

Marc CRISPIN

Manager

Ended

Michèle BECK

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/05/2022
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates04/01/2018
DEMISSIONS, NOMINATIONS
PDF
Capital / shares11/04/2014
CAPITAL, ACTIONS
PDF
Capital / shares18/03/2005
OBJET - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025-29,3 k €↓
2024
Annual accounts 2024-27,1 k €↑
2023
Annual accounts 2023-28 k €↓
2022
Annual accounts 202265,1 k €↑
2021
Annual accounts 202126,2 k €↑
2020
Annual accounts 20203,8 k €↑
2019
Annual accounts 2019603 €↓
2018
Annual accounts 201819,7 k €↑
2017
Annual accounts 201719 k €↑
2016
Annual accounts 20164,4 k €↓
2015
Annual accounts 201516,8 k €↓
2014
Annual accounts 201423,7 k €↑
2013
Annual accounts 2013-2,4 k €↑
2012
Annual accounts 2012-5,2 k €↓
2011
Annual accounts 201112,1 k €↓
2010
Annual accounts 201035,4 k €↑
2009
Annual accounts 2009-7,6 k €↓
2008
Annual accounts 20085 k €↓
2007
Annual accounts 200757,4 k €
16/12/1991
IncorporationPrivate 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 SURVEYS

Overview

What does DEVELOPMENT SURVEYS do?

Trend over 19 financial years

Indicative valuation

Board of directors

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