What does JP DEVELOPMENT do?

JP DEVELOPMENT is a specialised building contractor in Geetbets. Private Limited, started on 20 August 2015, 1 establishment.

What is the address of JP DEVELOPMENT?

The registered office of JP DEVELOPMENT is located at Galgestraat 64, 3454 Geetbets.

Is JP DEVELOPMENT still active?

Yes. According to the CBE (29 October 2026) JP DEVELOPMENT is active, legal situation “Normale toestand”, started on 20 August 2015.

Is JP DEVELOPMENT registered on Peppol?

Yes, JP DEVELOPMENT is registered on the Peppol network with ID 0208:0635672870.

What is the enterprise number of JP DEVELOPMENT?

The enterprise number of JP DEVELOPMENT is BE0635672870.

When was JP DEVELOPMENT founded?

JP DEVELOPMENT was founded on 20 August 2015.

Who are the directors of JP DEVELOPMENT?

According to the 2025 annual accounts, the directors of JP DEVELOPMENT are: Sam Baens.

Is JP DEVELOPMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 August 2015; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did JP DEVELOPMENT make in 2025?

JP DEVELOPMENT recorded a loss after taxes of € 48,614 in financial year 2025.

What is the revenue of JP DEVELOPMENT?

As a small company, JP DEVELOPMENT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,323,944.

How much does an employee at JP DEVELOPMENT earn?

The average wage cost per full-time employee at JP DEVELOPMENT was € 112,200 in 2025: staff costs of € 1.2 million for 10.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does JP DEVELOPMENT have?

According to the 2025 annual accounts, JP DEVELOPMENT has 10.9 full-time equivalents (FTE).

JP DEVELOPMENT (Private Limited) - Geetbets

Dossier JP DEVELOPMENT, printed on 29 October 2026 from databakkes.be/en/0635672870/jp-development. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

JP DEVELOPMENT from Geetbets, company number BE0635672870, closed financial year 2025 with a result of € -48,614 after tax. For that financial year JP DEVELOPMENT recorded a gross margin of € 1.3 million and equity of € 171,807. Compared with financial year 2024, the result moved from € 53,691 to € -48,614. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.

What it is worth Healthy

€ 171,807

▼ 22% vs 2024

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

Loss Caution

€ -48,614

▼ still € 53,691 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 27,037

▼ 84% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 165,607.

People and assets in 2025

Full-time equivalents

10.9

▼ 3.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.2 million

▲ 22% vs 2024

€ 112,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 5,358

▼ 86% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 147,827

▼ 46% vs 2024

€ 38,366 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 310,636

▼ 45% vs 2024

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

Taxes and wages

€ 237,448

▲ € 205,293 vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 801,838 Gross margin 2022: € 801,838 First fiscal year in the series	€ 1,067,162 Gross margin 2023: € 1,067,162 ▲ 33% vs 2022 (€ 801,838) Favourable step	€ 1,167,482 Gross margin 2024: € 1,167,482 ▲ 9% vs 2023 (€ 1,067,162) Favourable step	€ 1,323,944 Gross margin 2025: € 1,323,944 ▲ 13% vs 2024 (€ 1,167,482) Favourable step	▲ 13%
Profit after taxes	€ 66,410 Profit after taxes 2022: € 66,410 First fiscal year in the series	€ 139,094 Profit after taxes 2023: € 139,094 ▲ 109% vs 2022 (€ 66,410) Favourable step	€ 53,691 Profit after taxes 2024: € 53,691 ▼ 61% vs 2023 (€ 139,094) Unfavourable step	€ -48,614 Profit after taxes 2025: € -48,614 ▼ € 102,305 vs 2024 (€ 53,691) Unfavourable step	▼ € 102,305
Equity	€ 52,636 Equity 2022: € 52,636 First fiscal year in the series	€ 166,730 Equity 2023: € 166,730 ▲ 217% vs 2022 (€ 52,636) Favourable step	€ 220,421 Equity 2024: € 220,421 ▲ 32% vs 2023 (€ 166,730) Favourable step	€ 171,807 Equity 2025: € 171,807 ▼ 22% vs 2024 (€ 220,421) Unfavourable step	▼ 22%
Total debts	€ 616,929 Total debts 2022: € 616,929 First fiscal year in the series	€ 875,337 Total debts 2023: € 875,337 ▲ 42% vs 2022 (€ 616,929) Unfavourable step	€ 877,883 Total debts 2024: € 877,883 Unchanged (€ 875,337) Unfavourable step	€ 695,911 Total debts 2025: € 695,911 ▼ 21% vs 2024 (€ 877,883) Favourable step	▼ 21%
Cash	€ 155,031 Cash 2022: € 155,031 First fiscal year in the series	€ 166,610 Cash 2023: € 166,610 ▲ 7% vs 2022 (€ 155,031) Favourable step	€ 172,524 Cash 2024: € 172,524 ▲ 4% vs 2023 (€ 166,610) Favourable step	€ 27,037 Cash 2025: € 27,037 ▼ 84% vs 2024 (€ 172,524) Unfavourable step	▼ 84%
Retained profit	€ 46,436 Retained profit 2022: € 46,436 First fiscal year in the series	€ 160,530 Retained profit 2023: € 160,530 ▲ 246% vs 2022 (€ 46,436) Favourable step	€ 214,221 Retained profit 2024: € 214,221 ▲ 33% vs 2023 (€ 160,530) Favourable step	€ 165,607 Retained profit 2025: € 165,607 ▼ 23% vs 2024 (€ 214,221) Unfavourable step	▼ 23%
Dividend	€ 25,000 Dividend 2022: € 25,000 First fiscal year in the series	€ 25,000 Dividend 2023: € 25,000 Unchanged (€ 25,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 25,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 182,605 Bank debt 2022: € 182,605 First fiscal year in the series	€ 302,882 Bank debt 2023: € 302,882 ▲ 66% vs 2022 (€ 182,605) Unfavourable step	€ 274,558 Bank debt 2024: € 274,558 ▼ 9% vs 2023 (€ 302,882) Favourable step	€ 147,827 Bank debt 2025: € 147,827 ▼ 46% vs 2024 (€ 274,558) Favourable step	▼ 46%
Balance sheet total	€ 669,565 Balance sheet total 2022: € 669,565 First fiscal year in the series	€ 1,042,067 Balance sheet total 2023: € 1,042,067 ▲ 56% vs 2022 (€ 669,565) Unchanged	€ 1,098,304 Balance sheet total 2024: € 1,098,304 ▲ 5% vs 2023 (€ 1,042,067) Unchanged	€ 867,718 Balance sheet total 2025: € 867,718 ▼ 21% vs 2024 (€ 1,098,304) Unchanged	▼ 21%
Employees (FTE)	-	-	14.2 Employees (FTE) 2024: 14.2 First fiscal year in the series	10.9 Employees (FTE) 2025: 10.9 ▼ 3.3 vs 2024 (14.2) Unchanged	▼ 3.3

Key figures of JP DEVELOPMENT, 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 JP DEVELOPMENT?

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

Aug 27, 2026 New annual accounts for financial year 2025: loss of € 48,614 (▼ € 102,305 vs 2024). filed late Source: NBB ↗
2019 Sam Baens became a director. NBB
Aug 20, 2015 New establishment in Geetbets. KBO
Aug 20, 2015 Start of the company according to the CBE. KBO

In short

From € 66,410 profit in 2022 to € 48,614 loss in 2025.

Paid € 102,756 in corporate taxes since 2022.

Best year ever: 2023, with € 139,094 profit.

On average € 121,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Sam Baens

JP DEVELOPMENT

Behind JP DEVELOPMENT is Sam Baens.

Directors

According to the 2025 annual accounts

Sam Baens

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Galgestraat 64

3454 Geetbets

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

MOONEN-VERWIMP

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

Details

Company number

0635.672.870

VAT number

BE 0635.672.870

Registered office

Galgestraat 64, 3454 Geetbets

Names & denominations

JP DEVELOPMENT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 August 2015

Peppol

Active · Active since 16 Dec 2025

Activities · NACE

Installatie van isolatie

Dakwerkzaamheden

Isolatiewerkzaamheden

Algemene elektrotechnische installatiewerken

Waterdichtingswerken van muren

Sanitaire werkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

JP DEVELOPMENT

Financials

What happened to JP DEVELOPMENT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions