Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
OFFICE DEVELOPMENT from Watermaal-Bosvoorde, company number BE0437083879, closed financial year 2025 with a result of € 89,968 after tax. For that financial year OFFICE DEVELOPMENT recorded a gross margin of € 114,201 and equity of € -120,446. Compared with financial year 2024, the result moved from € 44,165 to € 89,968. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ -120,446
▲ € 89,968 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 89,968
▲ 104% vs 2024
Profit after tax over the fiscal year.
€ 65,815
▲ € 51,359 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 € -495,446.
Debts at end 2025
€ 250,000
Loans from banks and other lenders, long and short.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 88,707 | € 104,741 | € 106,829 | € 114,201 | ▲ 7% |
| Profit after taxes | € 26,673 | € 42,583 | € 44,165 | € 89,968 | ▲ 104% |
| Equity | € -297,163 | € -254,580 | € -210,415 | € -120,446 | ▲ € 89,968 |
| Total debts | € 556,174 | € 399,719 | € 299,484 | € 260,875 | ▼ 13% |
| Cash | € 105,174 | € 31,658 | € 14,456 | € 65,815 | ▲ € 51,359 |
| Land & buildings | € 151,747 | € 113,180 | € 74,614 | € 74,614 | |
| Retained profit | € -672,163 | € -629,580 | € -585,415 | € -495,446 | ▲ € 89,968 |
| Bank debt | € 250,000 | € 250,000 | € 250,000 | € 250,000 | |
| Balance sheet total | € 259,011 | € 145,140 | € 89,070 | € 140,429 | ▲ 58% |
Key figures of OFFICE 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 31 July 2027.
What happened to OFFICE DEVELOPMENT?
What happened at OFFICE DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HESCOM BV stepped down as director. NBB
- LECON BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 89,968 (▲ 104% vs 2024). Source: NBB ↗
- HESCOM BV became a director. NBB
- LECON BV became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,673 profit in 2022 to € 89,968 profit in 2025.
Paid € 1,417 in corporate taxes since 2022.
Best year ever: 2025, with € 89,968 profit.
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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
Director · represented by Hendrik Essers
since 2022 · until 2027
since 2022 · until 2027
Establishments
Establishment units
Physical locations of this company
Begoniastraat 10-16
1170 Watermaal-Bosvoorde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.083.879
- VAT number
- BE 0437.083.879
- Registered office
- Begoniastraat 10-16, 1170 Watermaal-Bosvoorde
- Names & denominations
- OFFICE DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 1989
- Peppol
- Not registered