What does SERVICE & DEVELOPMENT GROUP BELGIUM do?

SERVICE & DEVELOPMENT GROUP BELGIUM is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Public Limited, started on 4 December 1975, 1 establishment.

What is the address of SERVICE & DEVELOPMENT GROUP BELGIUM?

The registered office of SERVICE & DEVELOPMENT GROUP BELGIUM is located at Kortrijksesteenweg 1052 box D, 9051 Gent.

Is SERVICE & DEVELOPMENT GROUP BELGIUM still active?

Yes. According to the CBE (29 October 2026) SERVICE & DEVELOPMENT GROUP BELGIUM is active, legal situation “Normale toestand”, started on 4 December 1975.

Is SERVICE & DEVELOPMENT GROUP BELGIUM registered on Peppol?

Yes, SERVICE & DEVELOPMENT GROUP BELGIUM is registered on the Peppol network with ID 0208:0415874533.

What is the enterprise number of SERVICE & DEVELOPMENT GROUP BELGIUM?

The enterprise number of SERVICE & DEVELOPMENT GROUP BELGIUM is BE0415874533.

When was SERVICE & DEVELOPMENT GROUP BELGIUM founded?

SERVICE & DEVELOPMENT GROUP BELGIUM was founded on 4 December 1975.

Who are the directors of SERVICE & DEVELOPMENT GROUP BELGIUM?

According to the 2025 annual accounts, the directors of SERVICE & DEVELOPMENT GROUP BELGIUM are: Minerva Management BV, Sabine Morel, DG Management & Consulting BV, PDG Management BV.

Is SERVICE & DEVELOPMENT GROUP BELGIUM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 December 1975; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did SERVICE & DEVELOPMENT GROUP BELGIUM make in 2025?

SERVICE & DEVELOPMENT GROUP BELGIUM posted a profit after taxes of € 8,284,165 in financial year 2025.

What is the revenue of SERVICE & DEVELOPMENT GROUP BELGIUM?

In its most recent annual accounts (2025), SERVICE & DEVELOPMENT GROUP BELGIUM reported revenue of € 12,810,101.

How much does an employee at SERVICE & DEVELOPMENT GROUP BELGIUM earn?

The average wage cost per full-time employee at SERVICE & DEVELOPMENT GROUP BELGIUM was € 122,400 in 2025: staff costs of € 318,311 for 2.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SERVICE & DEVELOPMENT GROUP BELGIUM have?

According to the 2025 annual accounts, SERVICE & DEVELOPMENT GROUP BELGIUM has 2.6 full-time equivalents (FTE).

SERVICE & DEVELOPMENT GROUP BELGIUM (Public Limited)

Dossier SERVICE & DEVELOPMENT GROUP BELGIUM, printed on 29 October 2026 from databakkes.be/en/0415874533/service-development-group-belgium. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 25 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

17 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

SERVICE & DEVELOPMENT GROUP BELGIUM from Gent, company number BE0415874533, closed financial year 2025 with a result of € 8.3 million after tax. For that financial year SERVICE & DEVELOPMENT GROUP BELGIUM recorded revenue of € 12.8 million and equity of € 95.5 million. Compared with financial year 2024, the result moved from € -12.3 million to € 8.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.

What it is worth Growing

€ 95.5 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 8.3 million

▲ still € 12.3 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4.7 million

▲ € 3.8 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 5.9 million paid out

72 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

2.6

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 4.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 318,311

▼ 19% vs 2024

€ 122,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4,594

▼ 70% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 52 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 72.9 million

▲ 1% vs 2024

€ 180,000 is repaid this year. At this pace the long-term loan is gone in ≈ 52 years.

Owed to suppliers

€ 3.3 million

▼ 47% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 189 days on average.

Taxes and wages

€ 1.5 million

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 2,535,244 Revenue 2022: € 2,535,244 First fiscal year in the series	€ 13,122,674 Revenue 2023: € 13,122,674 ▲ € 10.6 million vs 2022 (€ 2,535,244) Favourable step	€ 12,800,641 Revenue 2024: € 12,800,641 ▼ 2% vs 2023 (€ 13,122,674) Unfavourable step	€ 12,810,101 Revenue 2025: € 12,810,101 Unchanged (€ 12,800,641) Favourable step
Profit after taxes	€ -3,598,178 Profit after taxes 2022: € -3,598,178 First fiscal year in the series	€ 9,550,795 Profit after taxes 2023: € 9,550,795 ▲ € 13.1 million vs 2022 (€ -3,598,178) Favourable step	€ -12,260,018 Profit after taxes 2024: € -12,260,018 ▼ € 21.8 million vs 2023 (€ 9,550,795) Unfavourable step	€ 8,284,165 Profit after taxes 2025: € 8,284,165 ▲ € 20.5 million vs 2024 (€ -12,260,018) Favourable step	▲ € 20.5 million
Equity	€ 146,473,737 Equity 2022: € 146,473,737 First fiscal year in the series	€ 105,504,574 Equity 2023: € 105,504,574 ▼ 28% vs 2022 (€ 146,473,737) Unfavourable step	€ 93,209,604 Equity 2024: € 93,209,604 ▼ 12% vs 2023 (€ 105,504,574) Unfavourable step	€ 95,536,810 Equity 2025: € 95,536,810 ▲ 2% vs 2024 (€ 93,209,604) Favourable step	▲ 2%
Total debts	€ 122,451,807 Total debts 2022: € 122,451,807 First fiscal year in the series	€ 97,398,524 Total debts 2023: € 97,398,524 ▼ 20% vs 2022 (€ 122,451,807) Favourable step	€ 95,474,004 Total debts 2024: € 95,474,004 ▼ 2% vs 2023 (€ 97,398,524) Favourable step	€ 108,134,651 Total debts 2025: € 108,134,651 ▲ 13% vs 2024 (€ 95,474,004) Unfavourable step	▲ 13%
Cash	€ 13,106,727 Cash 2022: € 13,106,727 First fiscal year in the series	€ 4,549,662 Cash 2023: € 4,549,662 ▼ 65% vs 2022 (€ 13,106,727) Unfavourable step	€ 886,369 Cash 2024: € 886,369 ▼ 81% vs 2023 (€ 4,549,662) Unfavourable step	€ 4,715,632 Cash 2025: € 4,715,632 ▲ € 3.8 million vs 2024 (€ 886,369) Favourable step	▲ € 3.8 million
Land & buildings	€ 17,211,654 Land & buildings 2022: € 17,211,654 First fiscal year in the series	€ 14,977,653 Land & buildings 2023: € 14,977,653 ▼ 13% vs 2022 (€ 17,211,654) Unchanged	€ 43,526,960 Land & buildings 2024: € 43,526,960 ▲ 191% vs 2023 (€ 14,977,653) Unchanged	€ 43,713,023 Land & buildings 2025: € 43,713,023 Unchanged (€ 43,526,960) Unchanged
Retained profit	€ 140,130,560 Retained profit 2022: € 140,130,560 First fiscal year in the series	€ 99,191,355 Retained profit 2023: € 99,191,355 ▼ 29% vs 2022 (€ 140,130,560) Unfavourable step	€ 86,931,337 Retained profit 2024: € 86,931,337 ▼ 12% vs 2023 (€ 99,191,355) Unfavourable step	€ 89,288,502 Retained profit 2025: € 89,288,502 ▲ 3% vs 2024 (€ 86,931,337) Favourable step	▲ 3%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 50,490,000 Dividend 2023: € 50,490,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 50,490,000) Unchanged	€ 5,927,000 Dividend 2025: € 5,927,000 Unchanged (€ 0) Unchanged
Bank debt	€ 111,711,427 Bank debt 2022: € 111,711,427 First fiscal year in the series	€ 59,912,444 Bank debt 2023: € 59,912,444 ▼ 46% vs 2022 (€ 111,711,427) Favourable step	€ 71,945,522 Bank debt 2024: € 71,945,522 ▲ 20% vs 2023 (€ 59,912,444) Unfavourable step	€ 72,928,852 Bank debt 2025: € 72,928,852 ▲ 1% vs 2024 (€ 71,945,522) Unfavourable step	▲ 1%
Balance sheet total	€ 270,287,845 Balance sheet total 2022: € 270,287,845 First fiscal year in the series	€ 204,206,749 Balance sheet total 2023: € 204,206,749 ▼ 24% vs 2022 (€ 270,287,845) Unchanged	€ 189,936,559 Balance sheet total 2024: € 189,936,559 ▼ 7% vs 2023 (€ 204,206,749) Unchanged	€ 204,888,695 Balance sheet total 2025: € 204,888,695 ▲ 8% vs 2024 (€ 189,936,559) Unchanged	▲ 8%
Employees (FTE)	4.2 Employees (FTE) 2022: 4.2 First fiscal year in the series	2.6 Employees (FTE) 2023: 2.6 ▼ 1.6 vs 2022 (4.2) Unchanged	2.6 Employees (FTE) 2024: 2.6 Unchanged (2.6) Unchanged	2.6 Employees (FTE) 2025: 2.6 Unchanged (2.6) Unchanged

Key figures of SERVICE & DEVELOPMENT GROUP BELGIUM, 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 July 2027.

What happened to SERVICE & DEVELOPMENT GROUP BELGIUM?

What happened at SERVICE & DEVELOPMENT GROUP BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 PDG Management BV stepped down as director. NBB
2029 Minerva Management BV stepped down as director. NBB
2029 DG Management & Consulting BV stepped down as director. NBB
Jul 27, 2026 New annual accounts for financial year 2025: profit of € 8.3 million. Source: NBB ↗
2025 Sabine Morel stepped down as director. NBB
2025 PDG Management BV became a director. NBB
2024 Minerva Management BV became a director. NBB
2024 DG Management & Consulting BV became a director. NBB

In short

From € 3.6 million loss in 2022 to € 8.3 million profit in 2025.

Paid € 4 million in corporate taxes since 2022.

Best year ever: 2023, with € 9.6 million profit.

Paid out € 56.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

DDG INVEST 30%

Green Park Investments 30%

CARINVEST 29.8%

CARLTON 10.2%

The stake of DDG INVEST, Green Park Investments, CARINVEST, CARLTON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SERVICE & DEVELOPMENT GROUP BELGIUM

Park 7 Co-Work BV 100%

Wirewood Benelux France BV 100%

Everest Ecosystems NV 100%

Telus Properties NV 100%

The shares are held by DDG INVEST (30%), Green Park Investments (30%), CARINVEST (29.8%) and CARLTON (10.2%). It owns 100% of Park 7 Co-Work BV, 100% of Wirewood Benelux France BV, 100% of Everest Ecosystems NV, 100% of Telus Properties NV, 100% of Bruocsella NV and 100% of Hauset Immo NV itself.