ACTIVE

THE HOUSE OF DEVELOPMENT

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Financial year 2025 · Closed on 31/12/2025

Net result-411,1 k €+89,5 %over 1 year

Gross margin34,9 M €+83,2 %over 1 year

Equity-3,7 M €-12,5 %over 1 year

Workforce2,1 ETP+16,7 %over 1 year

Identity

Source · BCE/KBO

THE HOUSE OF DEVELOPMENT is a Public limited company incorporated in 2014. Its main activity is: Development of building projects. 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

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 41001Construction of buildings 41002Construction of buildings 41003Construction of buildings 41102Development of building projects+4

Joint committees (2)

Signals

Healthy social debts

Financials

Source · NBB, 12 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	34,9 M €	+83.2%	19,1 M €	+384%	3,9 M €	+897%	395 k €	+140%	164,9 k €
EBITDA	-18,7 k €	+99.5%	-3,7 M €	-983%	416,6 k €	+688%	52,9 k €	+129%	-184,6 k €
Operating result	-49,2 k €	+98.7%	-3,7 M €	-1071%	382,4 k €	+2401%	15,3 k €	+107%	-225,4 k €
Net result	-411,1 k €	+89.5%	-3,9 M €	-4299%	92,8 k €	+121%	-452,8 k €	+37.1%	-720,2 k €
Balance sheet
Equity	-3,7 M €	-12.5%	-3,3 M €	-646%	603 k €	+18.2%	510,2 k €	-47.0%	963 k €
Total assets	10,5 M €	-64.5%	29,5 M €	+110%	14 M €	+74.9%	8 M €	+8.7%	7,4 M €
Cash	46,7 k €	-21.8%	59,7 k €	-53.1%	127,4 k €	-67.6%	392,8 k €	+279%	103,7 k €
Debts	14,2 M €	-56.7%	32,7 M €	+145%	13,4 M €	+78.7%	7,5 M €	+17.0%	6,4 M €
Other
Workforce	2,1 ETP	+16.7%	1,8 ETP	-10.0%	2,0 ETP	-13.0%	2,3 ETP	-23.3%	3,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luk Wouters	Director01/07/2014 → 01/12/2030
ROYAL PROPERTY MANAGEMENT0472.090.684Represented by Michael Lisman	Director01/12/2024 → 01/12/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Fortim0417.166.811Represented by Michael Lisman	Director01/07/2014 → 2023 accounts
PARK AVENUE0437.791.385Represented by Capital Falcon	Director01/07/2014 → 2017 accounts

Other companies at this address

Posthoflei 1 2600 Antwerpen

Company	CBE no.
AgomAb Therapeutics● Active	0674.527.310
Science at Work Staffing België● Active	0748.569.982

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	01/01/2025	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	07/10/2025	27/09/2024	22/10/2023	03/11/2022	28/10/2021
General meeting	20/05/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	19/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/05/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	21/05/2025	07/10/2025	Dutch	PDF
Abridged model	31/12/2023	15/05/2024	27/09/2024	Dutch	PDF
Abridged modelCorrection	31/12/2022	17/05/2023	22/10/2023	Dutch	PDF
Abridged model	31/12/2022	17/05/2023	29/09/2023	Dutch	PDF
Abridged model	31/12/2021	18/05/2022	03/11/2022	Dutch	PDF
Abridged model	31/12/2020	19/05/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2019	29/07/2020	09/10/2020	Dutch	PDF
Abridged model	31/12/2018	15/05/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	16/05/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	17/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/05/2016	31/08/2016	Dutch	PDF

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.

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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 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Luk Wouters	Director01/07/2014 → 01/12/2030
ROYAL PROPERTY MANAGEMENT0472.090.684Represented by Michael Lisman	Director01/12/2024 → 01/12/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Fortim0417.166.811Represented by Michael Lisman	Director01/07/2014 → 2023 accounts
PARK AVENUE0437.791.385Represented by Capital Falcon	Director01/07/2014 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares07/07/2026
ALGEMENE VERGADERING, KAPITAAL, AANDELEN, STATUTEN
PDF
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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings11 filings

Mandates

ROYAL PROPERTY MANAGEMENT

Luk Wouters

Fortim

PARK AVENUE

20142015201620172018201920202021202220232024202520262027202820292030

THE HOUSE OF DEVELOPMENT

Posthoflei 1 bte 5, 2600 Berchem (Antwerp)

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Posthoflei 1 bte 5, 2600 Berchem (Antwerp)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00468964

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
THE HOUSE OF DEVELOPMENTCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00468964

Events

2025
Annual accounts 2025-411,1 k €↑
2024
Annual accounts 2024-3,9 M €↓
2023
Annual accounts 202392,8 k €↑
2022
Annual accounts 2022-452,8 k €↑
2021
Annual accounts 2021-720,2 k €↓
2020
Annual accounts 2020-355,8 k €↓
2019
Annual accounts 20195,1 k €↓
2018
Annual accounts 201870,5 k €↑
2017
Annual accounts 2017-10,9 k €↑
2016
Annual accounts 2016-27 k €↑
2015
Annual accounts 2015-82,6 k €
26/02/2014
IncorporationPublic limited company

THE HOUSE OF DEVELOPMENT

Overview

Identity

Financials

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