Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
General Development from Elsene, company number BE0412767068, closed financial year 2025 with a result of € 9,040 after tax. For that financial year General Development recorded revenue of € 110,968 and equity of € 82,732. Compared with financial year 2024, the result moved from € 1,660 to € 9,040. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 82,732
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,040
▲ € 7,380 vs 2024
Profit after tax over the fiscal year.
€ 2,450
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -311,768.
Debts at end 2025
€ 596,756
▼ 6% vs 2024
€ 42,252 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 32,444
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 69,491 | € 78,194 | € 96,038 | € 110,968 | ▲ 16% |
| Gross margin | € 34,833 | € 57,217 | € 72,904 | € 66,588 | ▼ 9% |
| Profit after taxes | € -32,887 | € -1,073 | € 1,660 | € 9,040 | ▲ € 7,380 |
| Equity | € 73,104 | € 72,031 | € 73,691 | € 82,732 | ▲ 12% |
| Total debts | € 855,905 | € 850,349 | € 816,653 | € 781,600 | ▼ 4% |
| Cash | € 4,372 | € 8,121 | € 4,645 | € 2,450 | ▼ 47% |
| Land & buildings | € 824,008 | € 865,776 | € 851,787 | € 836,045 | ▼ 2% |
| Retained profit | € -321,396 | € -322,469 | € -320,809 | € -311,768 | ▲ € 9,040 |
| Bank debt | € 650,145 | € 678,761 | € 638,169 | € 596,756 | ▼ 6% |
| Balance sheet total | € 1,033,264 | € 1,026,636 | € 994,600 | € 920,098 | ▼ 7% |
Key figures of General Development, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to General Development?
What happened at General Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martin VAN JEUN stepped down as director. NBB
- Philippe CHABEAU stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 9,040 (▲ € 7,380 vs 2024). Source: NBB ↗
- Martin VAN JEUN became a director. NBB
- EVGENI RADULOV became a director. NBB
- Philippe CHABEAU became a director. NBB
- EVGENI RADULOV stepped down as director. NBB
- New establishment in Brussel. KBO
In short
From € 32,887 loss in 2022 to € 9,040 profit in 2025.
Best year ever: 2025, with € 9,040 profit.
A new publication or filing at General Development? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
EVGENI RADULOV
Director
since 2023 · until 2019
Philippe CHABEAU
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Amerikaanse straat 95
1050 Elsene
Waterloolaan 64
1000 Brussel
Active since 6 March 1976
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.767.068
- VAT number
- BE 0412.767.068
- Registered office
- Amerikaanse straat 95, 1050 Elsene
- Names & denominations
- General Development · G.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 1972
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering