ACTIVE

Develops

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Financial year 2025 · closed on 31/12/2025
Net result
23,7 k €
+32.4% YoY
Gross margin
51,2 k €
+28.8% YoY
Equity
79,3 k €
+42.5% YoY

What does Develops do?

Develops is a Private limited company incorporated in 2022. Its main activity is: Management consultancy activities. Its registered office is in Brakel.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0795.493.931
Incorporation
28/12/2022
Legal form
Private limited company
Registered office
Toepzicht 11
9660 Brakel · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin51,2 k €39,7 k €47,1 k €
EBITDA50,3 k €38,8 k €45,9 k €
Operating result33,1 k €26,5 k €45,9 k €
Net result23,7 k €17,9 k €34,8 k €
Balance sheet
Equity79,3 k €55,6 k €37,8 k €
Total assets144,9 k €139,3 k €65,4 k €
Cash13,2 k €21,2 k €52,5 k €
Debts65,6 k €83,7 k €27,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

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

Active mandates

Joachim De Leeuw

Director

Active
Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202428/12/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months13 months
Filing date01/04/202622/05/202502/05/2024
General meeting31/03/202605/05/202502/04/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202531/03/202601/04/2026DutchPDF
Micro model31/12/202405/05/202522/05/2025DutchPDF
Micro model31/12/202302/04/202402/05/2024FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

Active mandates

Joachim De Leeuw

Director

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/08/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office22/05/2024
    SIEGE SOCIAL
    PDF
  • Other30/12/2022
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202523,7 k €↑
  2. 2024
    Annual accounts 202417,9 k €↓
  3. 2023
    Annual accounts 202334,8 k €
  4. 28/12/2022
    IncorporationPrivate limited company