Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Premier Development Fund from Waregem, company number BE0607975709, closed financial year 2025 with a result of € 2.6 million after tax. Compared with financial year 2024, the result moved from € 6.9 million to € 2.6 million. The company is profitable. 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 June 2, 2026.
€ 21.6 million
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.6 million
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 2.2 million
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5.7 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 156,782
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 94 days on average.
€ 5,000
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 1,445,925 | € 1,235,205 | € 6,875,308 | € 2,571,862 | ▼ 63% |
| Equity | € 21,954,052 | € 23,189,258 | € 29,064,566 | € 21,636,428 | ▼ 26% |
| Total debts | € 9,650,588 | € 9,081,068 | € 3,773,648 | € 4,222,305 | ▲ 12% |
| Cash | € 3,320,733 | € 1,030,995 | € 2,159,054 | € 2,241,046 | ▲ 4% |
| Retained profit | € 6,954,052 | € 8,189,258 | € 15,064,566 | € 11,916,428 | ▼ 21% |
| Dividend | € 0 | € 0 | € 0 | € 5,720,000 | |
| Bank debt | € 7,750,025 | € 4,040,000 | € 0 | € 0 | |
| Balance sheet total | € 31,604,641 | € 32,270,326 | € 32,838,214 | € 25,858,732 | ▼ 21% |
Key figures of Premier Development Fund, 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 Premier Development Fund?
What happened at Premier Development Fund in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk MERTENS stepped down as director. NBB
- GREEN HILL COMPANY BV stepped down as director. NBB
- Julien DE WILDE stepped down as director. NBB
- Kristof VANFLETEREN stepped down as director. NBB
- ION SERVICE PROVIDER NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.6 million (▼ 63% vs 2024). Source: NBB ↗
- Dirk MERTENS became a director. NBB
- GREEN HILL COMPANY BV became a director. NBB
In short
From € 1.4 million profit in 2022 to € 2.6 million profit in 2025.
Best year ever: 2024, with € 6.9 million profit.
Paid out € 5.7 million in dividends to the owners in total.
Pays suppliers within 94 days on average.
Management
The stake of BLACK DUCK, FARADAY INVEST, MaDe, ION Service Provider, NIGEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Premier Development FundThe shares are held by BLACK DUCK (13.7%), FARADAY INVEST (10.6%), MaDe (10%), ION Service Provider (10%) and NIGEN (10%). It owns 100% of TSB BV, 99.9% of Pdf Land NV, 99.9% of Parkzicht Construct NV, 99.9% of Pdf Construct NV, 90% of Pdf Invest NV and 66.7% of PQL NV itself.
Directors
According to the 2025 annual accounts
Dirk MERTENS
Director
Also active at: Algemene Parketwerken Brussel, MAIN D'OR, Vlaams Asfaltbedrijf Huyghe en Cie, ETION Synergia, RODEKRUISPLEIN, NIGEN, CPAINT, Nieuw-Land +15 more
since 2021 · until 2029
Director · represented by Xavier DEWULF
Also active at: KARL VANDER STICHELE, G&V Supply and Logistics, G&V Caps Energy, PDF INVEST, PDF LAND, PDF CONSTRUCT, PARKZICHT CONSTRUCT, LNG SOLUTIONS BELGIUM +10 more
since 2021 · until 2029
Julien DE WILDE
Director
Also active at: Kinderdagverblijf Sint-Jozef, PDF INVEST, PDF LAND, PDF CONSTRUCT, PARKZICHT CONSTRUCT, 3SAG, PANQUIN LAND, PANQUIN CONSTRUCT +4 more
since 2021 · until 2029
Kristof VANFLETEREN
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2021 · until 2029
Director · represented by Davy DEMUYNCK
Also active at: PDF INVEST, PDF LAND, PDF CONSTRUCT, VINEA, NOVA MONS CONSTRUCTION, VASTGOED INVESTERINGS ASSOCIATIE, DGR Offices, DGR CONSTRUCT +5 more
since 2021 · until 2029
Shareholders
Participations
100%
99.9%
99.9%
99.9%
90%
66.7%
66.7%
65%
65%
50%
50%
50%
50%
50%
50%
50%
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+68 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0607.975.709
- VAT number
- BE 0607.975.709
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- Premier Development Fund
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2015
- Peppol
- Active · Active since 1 Jan 2001