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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 389 days after the legal deadline.
Financials
Financial year 2024
Development Belgium 02 from Brussel, company number BE0713474590, closed financial year 2024 with a result of € -670 after tax. For that financial year Development Belgium 02 recorded a gross margin of € -384 and equity of € -113,787. Compared with financial year 2023, the result moved from € -110 to € -670. 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 24, 2026.
€ -113,787
▼ € 670 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -670
▼ 508 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -132,337.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 68
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 116 | - | - | |
| Gross margin | € -199 | € -268 | - | € -384 | |
| Profit after taxes | € -764 | € -1,088 | € -110 | € -670 | ▼ € 560 |
| Equity | € -111,920 | € -113,008 | € -113,118 | € -113,787 | ▼ € 670 |
| Total debts | € 128,645 | € 129,706 | € 129,817 | € 113,787 | ▼ 12% |
| Retained profit | € -130,470 | € -131,558 | € -131,668 | € -132,337 | ▼ € 670 |
| Balance sheet total | € 16,726 | € 16,699 | € 16,699 | € 0 | ▼ 100% |
Key figures of Development Belgium 02, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Development Belgium 02?
What happened at Development Belgium 02 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 670. filed late Source: NBB ↗
- Lynsey Ann BLAIR became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 764 loss in 2021 to € 670 loss in 2024.
Paid € 265 in corporate taxes since 2021.
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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
Behind Development Belgium 02 is Lynsey Ann BLAIR. The shares are held by Regus Business Centre NV (90%) and IWG Group Holdings Sarl (10%).
Directors
According to the 2024 annual accounts
Lynsey Ann BLAIR
Director
Also active at: Groot-Bijgaarden Centre, Namur Orion Centre, Manhattan Meeting Center, Roeselare Kwadestraat Centre, Antwerpen Harbour Noorderlaan Centre, Antwerp Lange Lozanastraat Centre, Herentals Atealaan Centre, Kortrijk Dumolinlaan Centre +13 more
since 2020
Shareholders
IWG Group Holdings Sarl
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 65 box 11
1050 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0713.474.590
- VAT number
- BE 0713.474.590
- Registered office
- Louizalaan 65 bus 11, 1050 Brussel
- Names & denominations
- Development Belgium 02
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings