Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
Gross margin
€ -45,858
▲ 76% vs 2024
Profit
Caution€ -69,984
▲ 65% vs 2024
Debts
High€ 769,516
▼ 1% vs 2024
Sources Development from Brussel, company number BE0668433334, closed financial year 2025 with a result of € -69,984 after tax. For that financial year Sources Development recorded a gross margin of € -45,858 and equity of € -35,288. Compared with financial year 2024, the result moved from € -202,659 to € -69,984. 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 July 29, 2026.
What happened at Sources Development?
What happened at Sources Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 69,984. Source: NBB ↗
- Adeline Simont became a director. NBB
- SCARFO SPRL stepped down as director. NBB
- New establishment in Brussel. KBO
- BELGIAN LAND SA became a director. NBB
- SCARFO SPRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,444 profit in 2021 to € 69,984 loss in 2025.
Paid € 218,734 in corporate taxes since 2021.
Best year ever: 2022, with € 601,368 profit.
Paid out € 1 million in dividends to the owners in total.
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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
Behind Sources Development are Adeline Simont and BELGIAN LAND SA. The same people are also behind ANDEL, BELGIAN LAND, Belgian Land Properties, GLIDA IMMO and SEB Development.
Directors
According to the 2025 annual accounts
since 2025
Manager · represented by André Marie Pierre BOSMANS
Also active at: PRE DE LA PERCHE CONSTRUCTION, SEB Development, Plantin Development
since 2016
Manager · represented by Emilie Jehanne Marthe Ré ROUSSEAUX
Also active at: SEB Development, Plantin Development
since 2016 · until 2025
Establishments
Establishment units
Physical locations of this company
Guimardstraat 18
1040 Brussel
Lloyd Georgelaan 7
1000 Brussel
Active since 23 December 2016
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 32 companies are registered at this address.
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Details
- Company number
- 0668.433.334
- VAT number
- BE 0668.433.334
- Registered office
- Guimardstraat 18, 1040 Brussel
- Names & denominations
- Sources Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2016
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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