Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
- Figures corrected afterwards (2022).
Gross margin
€ 34.9 million
▲ 83% vs 2024
Profit
Caution€ -411,113
▲ 89% vs 2024
Debts
High€ 14.2 million
▼ 57% vs 2024
THE HOUSE OF DEVELOPMENT from Antwerpen, company number BE0547666948, closed financial year 2025 with a result of € -411,113 after tax. For that financial year THE HOUSE OF DEVELOPMENT recorded a gross margin of € 34.9 million and equity of € -3.7 million. Compared with financial year 2024, the result moved from € -3.9 million to € -411,113. The company made a loss. 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 happened at THE HOUSE OF DEVELOPMENT?
What happened at THE HOUSE OF DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Royal Property Management NV stepped down as director. NBB
- Luk Wouters stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 411,113. filed late Source: NBB ↗
- Royal Property Management NV became a director. NBB
- Luk Wouters became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 720,161 loss in 2021 to € 411,113 loss in 2025.
Paid € 723 in corporate taxes since 2021.
Best year ever: 2023, with € 92,836 profit.
On average € 16.6 million of value added per employee in 2025.
A new publication or filing at THE HOUSE OF DEVELOPMENT? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
It owns 100% of Bratislava Royal Properties, 100% of Royal Properties Development, 95% of Hourtin Promotion International SAS and 50% of Hoteland itself.
Directors
According to the 2025 annual accounts
Director · represented by Michael Lisman
Also active at: ROYAL PROPERTIES, PARK AVENUE, RING BUILDING +21 more
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Posthoflei 1 box 5
2600 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
OVH DNS
Domain
Domain
thodev.com
Registered
2013-10-25
Registrar
OVH sas
Expires
2026-10-25
Website info
Features
Security
Details
- Company number
- 0547.666.948
- VAT number
- BE 0547.666.948
- Registered office
- Posthoflei 1 bus 5, 2600 Antwerpen
- Names & denominations
- THE HOUSE OF DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2014
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- thodev.com
- Activities · NACE
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