ACTIVE

THE HOUSE OF DEVELOPMENT

Financial year 2025 · closed on 31/12/2025
Net result
-411,1 k €
+89.5% YoY
Gross margin
34,9 M €
+83.2% YoY
Equity
-3,7 M €
-12.5% YoY
Workforce
2,1 ETP
+16.7% YoY

What does THE HOUSE OF DEVELOPMENT do?

THE HOUSE OF DEVELOPMENT is a Public limited company incorporated in 2014. Its registered office is in Antwerpen. It employs on average 2,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0547.666.948
Incorporation
26/02/2014
Legal form
Public limited company
Registered office
Posthoflei 1 box 5
2600 Antwerpen · FlandreSee on map
Contributed capital
212 000,00 €
Latest accounts
31/12/2025
Average workforce
2,1 ETP
Joint committees (2)
  • 200
  • 218
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin34,9 M €19,1 M €3,9 M €395,0 k €164,9 k €532,8 k €519,8 k €587,6 k €466,6 k €558,4 k €341,2 k €
EBITDA-18,7 k €-3,7 M €416,6 k €52,9 k €-184,6 k €44,8 k €91,9 k €85,0 k €55,8 k €46,5 k €-34,0 k €
Operating result-49,2 k €-3,7 M €382,4 k €15,3 k €-225,4 k €24,3 k €73,9 k €56,2 k €33,7 k €31,0 k €-54,9 k €
Net result-411,1 k €-3,9 M €92,8 k €-452,8 k €-720,2 k €-355,8 k €5,1 k €70,5 k €-10,9 k €-27,0 k €-82,6 k €
Balance sheet
Equity-3,7 M €-3,3 M €603,0 k €510,2 k €963,0 k €1,7 M €2,0 M €2,0 M €2,0 M €40,3 k €67,4 k €
Total assets10,5 M €29,5 M €14,0 M €8,0 M €7,4 M €6,7 M €6,5 M €3,2 M €2,1 M €1,3 M €861,5 k €
Cash46,7 k €59,7 k €127,4 k €392,8 k €103,7 k €448,5 k €158,3 k €126,5 k €36,3 k €91,7 k €51,1 k €
Debts14,2 M €32,7 M €13,4 M €7,5 M €6,4 M €5,1 M €4,5 M €1,1 M €123,3 k €1,3 M €794,2 k €
Other
Workforce2,1 ETP1,8 ETP2,0 ETP2,3 ETP3,0 ETP3,4 ETP5,3 ETP6,7 ETP5,5 ETP4,4 ETP3,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Luk Wouters

Director · since 01 décembre 2024 · until 01 décembre 2030

Active
ROYAL PROPERTY MANAGEMENT

Director · since 01 décembre 2024 · until 01 décembre 2030 · 0472.090.684

Represented by Michael Lisman

Active

Ended mandates

Fortim

Director · since 15 octobre 2019 · until 14 octobre 2025 · 0417.166.811

Represented by Michael Lisman

Ended
Fortim

Director · since 01 décembre 2018 · until 30 novembre 2024 · 0417.166.811

Represented by Capital Falcon

Ended
Luk Wouters

Director · since 01 décembre 2018 · until 30 novembre 2024

Ended
Fortim

Director · since 01 juillet 2014 · until 20 mai 2020 · 0417.166.811

Represented by Capital Falcon

Ended
At this address

Other companies at this address

CompanyCBE no.
0674.527.310
0748.569.982
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202607/10/202527/09/202422/10/202303/11/202228/10/2021
General meeting20/05/202621/05/202515/05/202417/05/202318/05/202219/05/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/05/202631/08/2026DutchPDF
Abridged model31/12/202421/05/202507/10/2025DutchPDF
Abridged model31/12/202315/05/202427/09/2024DutchPDF
Abridged modelCorrection31/12/202217/05/202322/10/2023DutchPDF
Abridged model31/12/202217/05/202329/09/2023DutchPDF
Abridged model31/12/202118/05/202203/11/2022DutchPDF
Abridged model31/12/202019/05/202128/10/2021DutchPDF
Abridged model31/12/201929/07/202009/10/2020DutchPDF
Abridged model31/12/201815/05/201931/07/2019DutchPDF
Abridged model31/12/201716/05/201831/08/2018DutchPDF
Abridged model31/12/201617/05/201731/08/2017DutchPDF
Abridged model31/12/201518/05/201631/08/2016DutchPDF
Estimate

Indicative valuation

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 · 2 active · 6 ended

Active mandates

Luk Wouters

Director · since 01 décembre 2024 · until 01 décembre 2030

Active
ROYAL PROPERTY MANAGEMENT

Director · since 01 décembre 2024 · until 01 décembre 2030 · 0472.090.684

Represented by Michael Lisman

Active

Ended mandates

Fortim

Director · since 15 octobre 2019 · until 14 octobre 2025 · 0417.166.811

Represented by Michael Lisman

Ended
Fortim

Director · since 01 décembre 2018 · until 30 novembre 2024 · 0417.166.811

Represented by Capital Falcon

Ended
Luk Wouters

Director · since 01 décembre 2018 · until 30 novembre 2024

Ended
Fortim

Director · since 01 juillet 2014 · until 20 mai 2020 · 0417.166.811

Represented by Capital Falcon

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/12/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring07/02/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/11/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates22/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    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 2025-411,1 k €
  2. 2024
    Annual accounts 2024-3,9 M €
  3. 2023
    Annual accounts 202392,8 k €
  4. 2022
    Annual accounts 2022-452,8 k €
  5. 2021
    Annual accounts 2021-720,2 k €
  6. 2020
    Annual accounts 2020-355,8 k €
  7. 2019
    Annual accounts 20195,1 k €
  8. 2018
    Annual accounts 201870,5 k €
  9. 2017
    Annual accounts 2017-10,9 k €
  10. 2016
    Annual accounts 2016-27,0 k €
  11. 2015
    Annual accounts 2015-82,6 k €
  12. 26/02/2014
    IncorporationPublic limited company