Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
Solutions Development Projects from Sint-Niklaas, company number BE0437776044, closed financial year 2025 with a result of € 323,229 after tax. For that financial year Solutions Development Projects recorded a gross margin of € 379,584 and equity of € -649,905. Compared with financial year 2024, the result moved from € 184,501 to € 323,229. 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 22, 2026.
€ -649,905
▲ € 323,229 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 323,229
▲ 75% vs 2024
Profit after tax over the fiscal year.
€ 90,984
▼ 88% 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 € -1.3 million.
People and assets in 2025
0
▼ 11.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5,091
▼ 99% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,428
▼ 68% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 681,862
▼ 58% 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 | € 8,953,877 | € 9,048,476 | € 8,490,824 | - | |
| Gross margin | - | - | - | € 379,584 | |
| Profit after taxes | € -1,446,071 | € 59,509 | € 184,501 | € 323,229 | ▲ 75% |
| Equity | € -1,217,144 | € -1,157,635 | € -973,134 | € -649,905 | ▲ € 323,229 |
| Total debts | € 7,334,373 | € 6,992,244 | € 4,756,975 | € 3,622,693 | ▼ 24% |
| Cash | € 308,547 | € 283,253 | € 751,806 | € 90,984 | ▼ 88% |
| Retained profit | € -1,823,738 | € -1,764,229 | € -1,579,728 | € -1,256,500 | ▲ € 323,229 |
| Bank debt | € 1,717,847 | € 1,646,016 | € 1,530,219 | € 1,491,871 | ▼ 3% |
| Balance sheet total | € 6,117,229 | € 5,834,609 | € 3,783,841 | € 2,972,787 | ▼ 21% |
| Employees (FTE) | 21 | 3.9 | 11.7 | 0 | ▼ 11.7 |
Key figures of Solutions Development Projects, 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 Solutions Development Projects?
What happened at Solutions Development Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guy Thoon stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 323,229 (▲ 75% vs 2024). Source: NBB ↗
- Guy Thoon became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Luc De Cock became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1.4 million loss in 2022 to € 323,229 profit in 2025.
Paid € 6,627 in corporate taxes since 2022.
Best year ever: 2025, with € 323,229 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
The stake of Fontibus comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Solutions Development ProjectsBehind Solutions Development Projects is Luc De Cock. The shares are held by Fontibus (100%).
Directors
According to the 2025 annual accounts
Luc De Cock
Managing director
Also active at: SCI, CURSOR SYSTEMS, DATAVERDE, WEBCARE, iQ4u, Dynavision, Fontibus, VSI
since 2019
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vijfstraten 18
9100 Sint-Niklaas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0437.776.044
- VAT number
- BE 0437.776.044
- Registered office
- Vijfstraten 18, 9100 Sint-Niklaas
- Names & denominations
- Solutions Development Projects · SDP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten
Gegevensverwerking
Gegevensverwerking, webhosting en aanverwante activiteiten
Lease van intellectuele eigendom en vergelijkbare producten, met uitzondering van werken onder auteursrecht
Overige diensten op het gebied van informatietechnologie en computer
Ontwerpen van computerprogramma’s
Overige vormen van onderwijs
Overige zakelijke dienstverlening, neg
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