What does Development Management Consulting do?

Development Management Consulting is a market research agency in Waterloo. Public Limited, started on 20 September 1991, 1 establishment.

What is the address of Development Management Consulting?

The registered office of Development Management Consulting is located at Chaussée de Bruxelles 323 box 5, 1410 Waterloo.

Is Development Management Consulting still active?

Yes. According to the CBE (29 October 2026) Development Management Consulting is active, legal situation “Normale toestand”, started on 20 September 1991.

Is Development Management Consulting registered on Peppol?

Yes, Development Management Consulting is registered on the Peppol network with ID 0208:0445173976.

What is the enterprise number of Development Management Consulting?

The enterprise number of Development Management Consulting is BE0445173976.

When was Development Management Consulting founded?

Development Management Consulting was founded on 20 September 1991.

Who are the directors of Development Management Consulting?

According to the 2025 annual accounts, the directors of Development Management Consulting are: Etienne RUTSAERT, Christian BOON-FALLEUR, Vincent BOON-FALLEUR.

Is Development Management Consulting a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 September 1991; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Development Management Consulting make in 2025?

Development Management Consulting posted a profit after taxes of € 24,592 in financial year 2025.

What is the revenue of Development Management Consulting?

As a small company, Development Management Consulting is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 37,520.

Development Management Consulting (Public Limited)

Dossier Development Management Consulting, printed on 29 October 2026 from databakkes.be/en/0445173976/development-management-consulting. 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.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.

Financials

Financial year 2025

Development Management Consulting from Waterloo, company number BE0445173976, closed financial year 2025 with a result of € 24,592 after tax. For that financial year Development Management Consulting recorded a gross margin of € 37,520 and equity of € -39,958. Compared with financial year 2024, the result moved from € -442,383 to € 24,592. 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 August 31, 2026.

What it is worth Caution

€ -39,958

▲ € 24,592 vs 2024

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

Profit Growing

€ 24,592

▲ still € 442,383 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 578,604

▼ 52% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -289,958.

People and assets in 2025

Vehicles and equipment

€ 4,270

▼ 73% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2,669

▼ 97% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 412

▼ 92% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 31,024 Gross margin 2022: € 31,024 First fiscal year in the series	€ 25,094 Gross margin 2023: € 25,094 ▼ 19% vs 2022 (€ 31,024) Unfavourable step	€ -181,638 Gross margin 2024: € -181,638 ▼ € 206,732 vs 2023 (€ 25,094) Unfavourable step	€ 37,520 Gross margin 2025: € 37,520 ▲ € 219,158 vs 2024 (€ -181,638) Favourable step	▲ € 219,158
Profit after taxes	€ 12,623 Profit after taxes 2022: € 12,623 First fiscal year in the series	€ 11,897 Profit after taxes 2023: € 11,897 ▼ 6% vs 2022 (€ 12,623) Unfavourable step	€ -442,383 Profit after taxes 2024: € -442,383 ▼ € 454,280 vs 2023 (€ 11,897) Unfavourable step	€ 24,592 Profit after taxes 2025: € 24,592 ▲ € 466,975 vs 2024 (€ -442,383) Favourable step	▲ € 466,975
Equity	€ 365,936 Equity 2022: € 365,936 First fiscal year in the series	€ 377,833 Equity 2023: € 377,833 ▲ 3% vs 2022 (€ 365,936) Favourable step	€ -64,550 Equity 2024: € -64,550 ▼ € 442,383 vs 2023 (€ 377,833) Unfavourable step	€ -39,958 Equity 2025: € -39,958 ▲ € 24,592 vs 2024 (€ -64,550) Favourable step	▲ € 24,592
Total debts	€ 1,285,884 Total debts 2022: € 1,285,884 First fiscal year in the series	€ 1,285,122 Total debts 2023: € 1,285,122 Unchanged (€ 1,285,884) Favourable step	€ 1,386,924 Total debts 2024: € 1,386,924 ▲ 8% vs 2023 (€ 1,285,122) Unfavourable step	€ 746,647 Total debts 2025: € 746,647 ▼ 46% vs 2024 (€ 1,386,924) Favourable step	▼ 46%
Cash	€ 18,250 Cash 2022: € 18,250 First fiscal year in the series	€ 14,797 Cash 2023: € 14,797 ▼ 19% vs 2022 (€ 18,250) Unfavourable step	€ 1,195,474 Cash 2024: € 1,195,474 ▲ € 1.2 million vs 2023 (€ 14,797) Favourable step	€ 578,604 Cash 2025: € 578,604 ▼ 52% vs 2024 (€ 1,195,474) Unfavourable step	▼ 52%
Retained profit	€ 115,936 Retained profit 2022: € 115,936 First fiscal year in the series	€ 127,833 Retained profit 2023: € 127,833 ▲ 10% vs 2022 (€ 115,936) Favourable step	€ -314,550 Retained profit 2024: € -314,550 ▼ € 442,383 vs 2023 (€ 127,833) Unfavourable step	€ -289,958 Retained profit 2025: € -289,958 ▲ € 24,592 vs 2024 (€ -314,550) Favourable step	▲ € 24,592
Balance sheet total	€ 1,651,820 Balance sheet total 2022: € 1,651,820 First fiscal year in the series	€ 1,662,955 Balance sheet total 2023: € 1,662,955 ▲ 1% vs 2022 (€ 1,651,820) Unchanged	€ 1,322,374 Balance sheet total 2024: € 1,322,374 ▼ 20% vs 2023 (€ 1,662,955) Unchanged	€ 706,689 Balance sheet total 2025: € 706,689 ▼ 47% vs 2024 (€ 1,322,374) Unchanged	▼ 47%

Key figures of Development Management Consulting, 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 Development Management Consulting?

What happened at Development Management Consulting in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Etienne RUTSAERT stepped down as director. NBB
2027 Christian BOON-FALLEUR stepped down as director. NBB
2027 Vincent BOON-FALLEUR stepped down as director. NBB
Aug 31, 2026 New annual accounts for financial year 2025: profit of € 24,592. filed late Source: NBB ↗
2021 Etienne RUTSAERT became a director. NBB
2021 Christian BOON-FALLEUR became a director. NBB
2021 Vincent BOON-FALLEUR became a director. NBB
Oct 16, 1991 New establishment in Waterloo. KBO

In short

From € 12,623 profit in 2022 to € 24,592 profit in 2025.

Paid € 10,304 in corporate taxes since 2022.

Best year ever: 2025, with € 24,592 profit.

Original PDFs at the National Bank ↗

Management

Development Management Consulting

SISTAN 90%

ACJR 5%

It owns 90% of SISTAN and 5% of ACJR itself.

Directors

According to the 2025 annual accounts

Etienne RUTSAERT

Chairman of the board

Also active at: LUSATCO

since 2021 · until 2027

Christian BOON-FALLEUR

Managing director

Also active at: Ateliers François, Moteurs et Francois, SYNERGIA MEDICAL, FAIRWIND, DryEco, QbicAir

since 2021 · until 2027

Vincent BOON-FALLEUR

Director

Also active at: Fusen, SISTAN

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée de Bruxelles 323 box 5

1410 Waterloo

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

TALINE

€ 27,352 gross margin · 2025

SISTAN same network

€ -4,170 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0445.173.976

VAT number

BE 0445.173.976

Registered office

Chaussée de Bruxelles 323 bus 5, 1410 Waterloo

Names & denominations

Development Management Consulting · D.M.C.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

20 September 1991

Peppol

Active · Active since 13 Mar 2026

Activities · NACE

Markt- en opinieonderzoek

Marktonderzoekbureaus

View on CBE Public ↗ Annual accounts (NBB) ↗

Development Management Consulting

Warning lights

Financials

What happened to Development Management Consulting?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions