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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
88 other companies have their registered office at the same address; threshold 10.
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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
INITIATIVE ET DEVELOPPEMENT from Brussel, company number BE0462935270, closed financial year 2025 with a result of € -29,266 after tax. For that financial year INITIATIVE ET DEVELOPPEMENT recorded a gross margin of € 68,614 and equity of € 345,629. Compared with financial year 2024, the result moved from € -30,888 to € -29,266. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 345,629
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,266
▲ 5 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,380
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 283,656.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17,305
▲ € 14,679 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 | |
|---|---|---|---|---|---|
| Gross margin | € 78,813 | € 75,750 | € 73,005 | € 68,614 | ▼ 6% |
| Profit after taxes | € 22,317 | € 16,020 | € -30,888 | € -29,266 | ▲ € 1,622 |
| Equity | € 389,764 | € 405,783 | € 374,895 | € 345,629 | ▼ 8% |
| Total debts | € 252,834 | € 527,384 | € 554,824 | € 543,148 | ▼ 2% |
| Cash | € 3,507 | € 2,634 | € 1,735 | € 1,380 | ▼ 20% |
| Land & buildings | € 595,995 | € 928,740 | € 926,143 | € 885,644 | ▼ 4% |
| Retained profit | € 327,790 | € 343,810 | € 312,922 | € 283,656 | ▼ 9% |
| Bank debt | € 249,135 | € 146,403 | € 37,650 | € 0 | ▼ 100% |
| Balance sheet total | € 642,597 | € 933,168 | € 929,719 | € 888,777 | ▼ 4% |
Key figures of INITIATIVE ET DEVELOPPEMENT, 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 INITIATIVE ET DEVELOPPEMENT?
What happened at INITIATIVE ET DEVELOPPEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Brigitte BERTRAND stepped down as director. NBB
- Thibault VIDALENC stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 29,266. Source: NBB ↗
- Brigitte BERTRAND became a director. NBB
- Thibault VIDALENC became a director. NBB
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,317 profit in 2022 to € 29,266 loss in 2025.
Paid € 12,842 in corporate taxes since 2022.
Best year ever: 2022, with € 22,317 profit.
A new publication or filing at INITIATIVE ET DEVELOPPEMENT? We notify you, reason included.
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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 BRIMARAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INITIATIVE ET DEVELOPPEMENTThe shares are held by BRIMARAL (100%).
Establishments
Establishment units
Physical locations of this company
Louizalaan 240 box 14
1050 Brussel
Waterloosesteenweg 1380
1180 Ukkel
Active since 21 October 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 88 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.935.270
- VAT number
- BE 0462.935.270
- Registered office
- Louizalaan 240 bus 14, 1050 Brussel
- Names & denominations
- INITIATIVE ET DEVELOPPEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 1998
- Peppol
- Not registered
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen