ACTIVE

CBS Development

Financial year 2025 · closed on 31/12/2025
Net result
-162,8 k €
-15.3% YoY
Equity
-1 M €
-19.2% YoY

What does CBS Development do?

CBS Development is a Public limited company incorporated in 2010. Its main activity is: Real estate agencies. Its registered office is in Roeselare.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0831.191.317
Incorporation
18/11/2010
Legal form
Public limited company
Registered office
Industrieweg 74
8800 Roeselare · FlandreSee on map
Contributed capital
70 000,00 €
Latest accounts
31/12/2025
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021201920182017201620152014201320122011
Income statement
Revenue0 €216,2 k €1,7 k €774,3 €2,4 M €8,2 M €1 M €9,8 M €3,1 M €
EBITDA181,4 k €207,6 k €750,7 k €514,1 k €400,4 k €-143,9 k €-105,5 k €960,5 k €65,8 k €663,9 k €695,3 k €835,8 k €292,7 k €96,5 k €
Operating result-144,4 k €-163 k €380 k €73,9 k €-15,5 k €-408,2 k €-343,1 k €841,7 k €-394,6 k €224,3 k €473,4 k €730,7 k €292,7 k €95,2 k €
Net result-162,8 k €-141,2 k €378,4 k €-223 k €-184,5 k €-619,4 k €-519,2 k €644,1 k €-586,8 k €23 k €165,7 k €357,1 k €95,8 k €28,1 k €
Balance sheet
Equity-1 M €-849,5 k €-708,4 k €-1,1 M €-863,8 k €-341,7 k €277,7 k €796,8 k €152,8 k €739,6 k €716,7 k €550,9 k €193,9 k €98,1 k €
Total assets3 M €4,6 M €4,8 M €6,3 M €6,7 M €7,7 M €10,4 M €18,7 M €15,2 M €23,8 M €21,2 M €15,8 M €9 M €3 M €
Cash9,5 k €27,8 k €118,7 k €1,2 M €478,8 k €12,8 k €585,9 k €369,2 k €115,5 k €28,1 k €34,4 k €38,7 k €62,3 k €27,4 k €
Debts3,7 M €5,1 M €5,2 M €7,1 M €7,2 M €7,4 M €10,1 M €17,9 M €15,1 M €23,1 M €20,5 M €15,3 M €8,8 M €2,9 M €
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 · 3 active · 33 ended

Active mandates

Coussée Project

Managing director · 0427.408.823

Represented by Dirk Coussée

Active
Kris Coussée

Managing director

Active
Stefaan Coussée

Managing director

Active

Ended mandates

Coussée Project

Managing director · since 28 avril 2025 · 0427.408.823

Represented by Dirk Coussée

Ended
Kris Coussée

Managing director · since 28 avril 2025

Ended
Stefaan Coussée

Managing director · since 28 avril 2025

Ended
Bernard Camerlynck

Director · since 19 mai 2022 · until 28 avril 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
CBS-InvestActive
0879.569.868
CO-INVESTActive
0438.598.069
CORIMActive
0659.794.988
Coussée BouwActive
0427.517.602
0427.408.823
DKS-InvestActive
0832.249.904
Domein BeverhofActive
0420.625.355
0862.920.908
Group CousséeActive
1008.749.025
INDIMActive
1007.616.501
KARTHUIZERActive
0859.592.521
0835.272.641
KasteelparkActive
0870.546.987
Maria ConstructActive
1009.776.631
Maria InvestActive
1007.616.402
Maria LandActive
1009.776.532
RSLActive
1021.878.172
RSL CONSTRUCTActive
0747.584.740
RSL-InvestActive
0883.784.816
RSL LANDActive
0747.585.037
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date19/06/202628/05/202513/06/202430/05/202302/06/202221/06/2021
General meeting21/05/202615/05/202516/05/202417/05/202319/05/202212/05/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202521/05/202619/06/2026DutchPDF
Full model31/12/202415/05/202528/05/2025DutchPDF
Full model31/12/202316/05/202413/06/2024DutchPDF
Full model31/12/202217/05/202330/05/2023DutchPDF
Full model31/12/202119/05/202202/06/2022DutchPDF
Full model31/12/202012/05/202121/06/2021DutchPDF
Full model31/12/201913/05/202025/06/2020DutchPDF
Full model31/12/201808/05/201911/06/2019DutchPDF
Full model31/12/201709/05/201810/07/2018DutchPDF
Full model31/12/201610/05/201713/07/2017DutchPDF
Full model31/12/201511/05/201608/06/2016DutchPDF
Full model31/12/201413/05/201510/06/2015DutchPDF
Full model31/12/201314/05/201413/06/2014DutchPDF
Full model31/12/201208/05/201307/06/2013DutchPDF
Full model31/12/201109/05/201208/06/2012DutchPDF
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 · 3 active · 33 ended

Active mandates

Coussée Project

Managing director · 0427.408.823

Represented by Dirk Coussée

Active
Kris Coussée

Managing director

Active
Stefaan Coussée

Managing director

Active

Ended mandates

Coussée Project

Managing director · since 28 avril 2025 · 0427.408.823

Represented by Dirk Coussée

Ended
Kris Coussée

Managing director · since 28 avril 2025

Ended
Stefaan Coussée

Managing director · since 28 avril 2025

Ended
Bernard Camerlynck

Director · since 19 mai 2022 · until 28 avril 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/08/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates10/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2016
    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 2025-162,8 k €
  2. 2024
    Annual accounts 2024-141,2 k €
  3. 2023
    Annual accounts 2023378,4 k €
  4. 2022
    Annual accounts 2022-223 k €
  5. 2021
    Annual accounts 2021-184,5 k €
  6. 2019
    Annual accounts 2019-619,4 k €
  7. 2018
    Annual accounts 2018-519,2 k €
  8. 2017
    Annual accounts 2017644,1 k €
  9. 2016
    Annual accounts 2016-586,8 k €
  10. 2015
    Annual accounts 201523 k €
  11. 2014
    Annual accounts 2014165,7 k €
  12. 2013
    Annual accounts 2013357,1 k €
  13. 2012
    Annual accounts 201295,8 k €
  14. 2011
    Annual accounts 201128,1 k €
  15. 18/11/2010
    IncorporationPublic limited company