Active · per the CBE, 30 September 2026

SERVICES DEVELOPMENT MANAGEMENT

BE0452691377

Rechtspersoon Public limited company 1 establishment

SERVICES DEVELOPMENT MANAGEMENT is a market research agency in Antwerpen. Public Limited, started on 5 May 1994, 1 establishment.

IJzerenwaag 12A, 2000 Antwerpen

Active for

32 year, 4 months

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 20 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SERVICES DEVELOPMENT MANAGEMENT from Antwerpen, company number BE0452691377, closed financial year 2025 with a result of € 23 million after tax. For that financial year SERVICES DEVELOPMENT MANAGEMENT recorded a gross margin of € -109,796 and equity of € 120.9 million. Compared with financial year 2024, the result moved from € 2 million to € 23 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 October 29, 2025.

What it is worth Growing

€ 120.9 million

▲ 3% vs 2024

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

Profit Growing

€ 23 million

▲ € 21.1 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 246,574

▲ 178% vs 2024

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

Where the profit goes Pays out

€ 20.1 million paid out

87 % of the profit went to the shareholders, mostly to CAP (100 % of the shares). That is where the money ends up.

People and assets in 2025

Vehicles and equipment

€ 87,893

▼ 17% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 47

▼ 99% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 107,134

▲ € 89,521 vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin - € -53,650 € -206,762 € -109,796 ▲ € 96,966
Profit after taxes € 1,887,316 € 6,218,954 € 1,988,853 € 23,045,044 ▲ € 21.1 million
Equity € 115,736,907 € 115,931,764 € 117,920,618 € 120,885,341 ▲ 3%
Total debts € 2,079,917 € 6,392,347 € 5,013,396 € 22,397,591 ▲ € 17.4 million
Cash € 63,964 € 951,424 € 88,785 € 246,574 ▲ 178%
Retained profit € 115,674,907 € 115,869,764 € 117,858,618 € 120,823,341 ▲ 3%
Dividend € 1,800,000 € 6,024,096 € 0 € 20,080,321
Bank debt € 332 € 200 € 5,381 € 47 ▼ 99%
Balance sheet total € 117,816,824 € 122,324,112 € 122,934,013 € 143,282,931 ▲ 17%

Key figures of SERVICES DEVELOPMENT MANAGEMENT, 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 October 2026.

What happened to SERVICES DEVELOPMENT MANAGEMENT?

What happened at SERVICES DEVELOPMENT MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Christiane Ivo stepped down as director. NBB
  • CAP NV stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 23 million (▲ € 21.1 million vs 2024). Source: NBB ↗
  • Christiane Ivo became a director. NBB
  • CAP NV became a director. NBB
  • New establishment in Antwerpen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 1.9 million profit in 2022 to € 23 million profit in 2025.

Paid € 442,986 in corporate taxes since 2022.

Best year ever: 2025, with € 23 million profit.

Paid out € 27.9 million in dividends to the owners in total.

Management

CAP 99.6%

The stake of CAP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SERVICES DEVELOPMENT MANAGEMENT
Las Jacarandas Del Ciento (Lot #25) 41.4%
Las Jacarandas Del Mar Tres LTDA (Lot #2) 41.4%
Las Jacarandas Del Sol Cuatro (Lot #3) 41.4%
+4

The shares are held by CAP (99.6%). It owns 41.4% of Las Jacarandas Del Ciento (Lot #25), 41.4% of Las Jacarandas Del Mar Tres LTDA (Lot #2), 41.4% of Las Jacarandas Del Sol Cuatro (Lot #3), 25% of Freespace, 23.3% of TDCM UK and 15% of Family on tour itself.

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Directors

According to the 2025 annual accounts

Christiane Ivo

Director

Also active at: KRABBENDIJKE, ATMOSPHERE, CAP

since 2020 · until 2026

CAP NV

Managing director · represented by Lathouwers EMIEL

Also active at: KRABBENDIJKE

since 2020 · until 2026

Shareholders

CAP

99.6%

Participations

Las Jacarandas Del Ciento (Lot #25)

41.4%

Las Jacarandas Del Mar Tres LTDA (Lot #2)

41.4%

Las Jacarandas Del Sol Cuatro (Lot #3)

41.4%

TDCM UK

23.3%

Establishments

Establishment units

Physical locations of this company

Registered office

IJzerenwaag 12A

2000 Antwerpen

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

Details

Company number
0452.691.377
VAT number
BE 0452.691.377
Registered office
IJzerenwaag 12A, 2000 Antwerpen
Names & denominations
SERVICES DEVELOPMENT MANAGEMENT · S.D.M.
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
5 May 1994
Peppol
Active · Active since 11 Nov 2025
Activities · NACE

Markt- en opinieonderzoek

Marktonderzoekbureaus

Frequently asked questions

What does SERVICES DEVELOPMENT MANAGEMENT do?
SERVICES DEVELOPMENT MANAGEMENT is a market research agency in Antwerpen. Public Limited, started on 5 May 1994, 1 establishment.
What is the address of SERVICES DEVELOPMENT MANAGEMENT?
The registered office of SERVICES DEVELOPMENT MANAGEMENT is located at IJzerenwaag 12A, 2000 Antwerpen.
Is SERVICES DEVELOPMENT MANAGEMENT still active?
Yes. According to the CBE (30 September 2026) SERVICES DEVELOPMENT MANAGEMENT is active, legal situation “Normale toestand”, started on 5 May 1994.
Is SERVICES DEVELOPMENT MANAGEMENT registered on Peppol?
Yes, SERVICES DEVELOPMENT MANAGEMENT is registered on the Peppol network with ID 0208:0452691377.
What is the enterprise number of SERVICES DEVELOPMENT MANAGEMENT?
The enterprise number of SERVICES DEVELOPMENT MANAGEMENT is BE0452691377.
When was SERVICES DEVELOPMENT MANAGEMENT founded?
SERVICES DEVELOPMENT MANAGEMENT was founded on 5 May 1994.