ACTIVE

STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS

Financial year 2025 · closed on 31/12/2025
Net result
-964,2 €
-62.7% YoY
Gross margin
-612,2 €
-24.5% YoY
Equity
63,6 k €
-1.5% YoY

What does STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS do?

STUDY AND DEVELOPMENT IN REAL ESTATE PROJECTS is a Private limited company incorporated in 1993. Its registered office is in Uccle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.906.487
Incorporation
23/04/1993
Legal form
Private limited company
Registered office
Rue Victor Allard 75 box 1
1180 Uccle · BruxellesSee on map
Contributed capital
18 592,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232023202220202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-612,2 €-491,7 €-411 €-411 €-553,4 €-120,3 €-86,7 €-1,5 k €-567,1 €-970,5 €-565 €-152,7 €-1,5 k €80,8 k €-2,2 k €-2,5 k €-22,2 k €-7,9 k €100,8 k €
EBITDA-662,2 €-491,7 €-411 €-411 €-553,4 €-120,3 €-442,6 €-1,9 k €-914,6 €-1,3 k €-565 €-793,1 €-1,9 k €80,3 k €-2,7 k €-3,4 k €-22,7 k €-8,4 k €83,8 k €
Operating result-930,4 €-536,4 €-956,3 €-956,3 €-1,1 k €-157,1 €-442,6 €-1,9 k €-914,6 €-1,3 k €-565 €-793,1 €-3,7 k €78,4 k €-4,6 k €-5,2 k €-27,2 k €-8,4 k €81,9 k €
Net result-964,2 €-592,7 €-1 k €-1 k €-1,2 k €-206,2 €-472 €-1,4 k €-447,5 €-1,1 k €-497 €-759,8 €-3,7 k €66,5 k €-9,9 k €-10,7 k €-31,9 k €-5,7 k €60,6 k €
Balance sheet
Equity63,6 k €64,5 k €68 k €68 k €69,1 k €71,4 k €71,6 k €72,1 k €73,5 k €74 k €75,1 k €75,6 k €76,3 k €80 k €13,5 k €23,4 k €34,1 k €66,1 k €71,8 k €
Total assets64,4 k €65,3 k €68,8 k €68,8 k €69,8 k €71,5 k €71,7 k €72,1 k €73,5 k €74 k €75,7 k €75,6 k €76,7 k €82,5 k €483,2 k €110,1 k €270,9 k €68,2 k €109,5 k €
Cash33,4 k €34 k €37,4 k €37,4 k €37,8 k €33,2 k €34,5 k €65,9 k €67,8 k €68,7 k €75,7 k €75,6 k €76,4 k €80,6 k €19,2 k €3,5 k €21,3 k €67,8 k €109,3 k €
Debts789,8 €674,1 €733,9 €733,9 €679 €411,4 €363 €2,4 k €469,7 k €86,7 k €236,8 k €2,2 k €37,7 k €
Other
Workforce1,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

PIERRE ANSELOT

Administrator - manager

Active

Ended mandates

PIERRE ANSELOT

Manager · since 09 mai 2008

Ended
Pierre Anselot

Manager

Ended
PIERRE ANSELOT

Managing director

Ended
viviane mouillard

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202320222020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/04/202201/04/202201/04/202101/04/2019
Closing of the financial year31/12/202531/12/202431/12/202331/03/202331/03/202231/03/2020
Length of the financial year12 months12 months21 months12 months12 months12 months
Filing date20/08/202609/08/202531/07/202422/11/202304/07/202230/12/2020
General meeting29/06/202623/06/202524/06/202426/06/202327/06/202227/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/06/202620/08/2026FrenchPDF
Micro model31/12/202423/06/202509/08/2025FrenchPDF
Micro model31/12/202324/06/202431/07/2024FrenchPDF
Micro model31/03/202326/06/202322/11/2023FrenchPDF
Micro model31/03/202227/06/202204/07/2022FrenchPDF
Micro model31/03/202027/09/202030/12/2020FrenchPDF
Micro model31/03/201927/09/201926/11/2019FrenchPDF
Abridged model31/03/201828/09/201802/10/2018FrenchPDF
Abridged model31/03/201730/06/201703/07/2017FrenchPDF
Abridged model31/03/201630/09/201625/11/2016FrenchPDF
Abridged model31/03/201530/09/201528/02/2016FrenchPDF
Abridged model31/03/201430/09/201430/11/2014FrenchPDF
Abridged model31/03/201301/08/201331/08/2013FrenchPDF
Abridged model31/03/201230/09/201204/11/2012FrenchPDF
Abridged model31/03/201130/09/201131/10/2011FrenchPDF
Abridged model31/03/201030/09/201021/10/2010FrenchPDF
Abridged model31/03/200930/09/200930/10/2009FrenchPDF
Abridged model31/03/200818/04/200823/06/2008FrenchPDF
Abridged model31/03/200726/06/200726/10/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

PIERRE ANSELOT

Administrator - manager

Active

Ended mandates

PIERRE ANSELOT

Manager · since 09 mai 2008

Ended
Pierre Anselot

Manager

Ended
PIERRE ANSELOT

Managing director

Ended
viviane mouillard

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office09/12/2022
    SIEGE SOCIAL
    PDF
  • Registered office10/04/2019
    SIEGE SOCIAL
    PDF
  • Registered office15/04/2014
    SIEGE SOCIAL
    PDF
  • Registered office09/05/2011
    SIEGE SOCIAL
    PDF
  • Mandates02/06/2008
    DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - 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

Timeline

  1. 2025
    Annual accounts 2025-964,2 €
  2. 2024
    Annual accounts 2024-592,7 €
  3. 2023
    Annual accounts 2023-1 k €
  4. 2023
    Annual accounts 2023-1 k €
  5. 2022
    Annual accounts 2022-1,2 k €
  6. 2020
    Annual accounts 2020-206,2 €
  7. 2019
    Annual accounts 2019-472 €
  8. 2018
    Annual accounts 2018-1,4 k €
  9. 2017
    Annual accounts 2017-447,5 €
  10. 2016
    Annual accounts 2016-1,1 k €
  11. 2015
    Annual accounts 2015-497 €
  12. 2014
    Annual accounts 2014-759,8 €
  13. 2013
    Annual accounts 2013-3,7 k €
  14. 2012
    Annual accounts 201266,5 k €
  15. 2011
    Annual accounts 2011-9,9 k €
  16. 2010
    Annual accounts 2010-10,7 k €
  17. 2009
    Annual accounts 2009-31,9 k €
  18. 2008
    Annual accounts 2008-5,7 k €
  19. 2007
    Annual accounts 200760,6 k €
  20. 23/04/1993
    IncorporationPrivate limited company