Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SÃO PEDRO DEVELOPMENT from Wijnegem, company number BE0762634388, closed financial year 2025 with a result of € -1,815 after tax. For that financial year SÃO PEDRO DEVELOPMENT recorded a gross margin of € -1,113 and equity of € 90,544. Compared with financial year 2024, the result moved from € -2,776 to € -1,815. The company made a loss. 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 September 30, 2026.
€ 90,544
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,815
▲ 35 % less loss than in 2024
Profit after tax over the fiscal year.
€ 41,164
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14,456.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 88
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,690 | € -3,200 | € -2,069 | € -1,113 | ▲ € 955 |
| Profit after taxes | € -4,139 | € -3,884 | € -2,776 | € -1,815 | ▲ € 961 |
| Equity | € 99,019 | € 95,135 | € 92,359 | € 90,544 | ▼ 2% |
| Total debts | € 3,962 | € 0 | € 1,228 | € 101 | ▼ 92% |
| Cash | € 54,980 | € 47,135 | € 44,260 | € 41,164 | ▼ 7% |
| Retained profit | € -5,981 | € -9,865 | € -12,641 | € -14,456 | ▼ € 1,815 |
| Balance sheet total | € 102,980 | € 95,135 | € 93,587 | € 90,645 | ▼ 3% |
Key figures of SÃO PEDRO 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 SÃO PEDRO DEVELOPMENT?
What happened at SÃO PEDRO 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 € 1,815. filed late Source: NBB ↗
- Frank Damman stepped down as director. NBB
- New establishment in Wijnegem. KBO
- Start of the company according to the CBE. KBO
- Axel Haelterman became a director. NBB
- Richard Vervoordt became a director. NBB
- Maxime Verhulst became a director. NBB
- Frank Buysse became a director. NBB
In short
From € 4,139 loss in 2022 to € 1,815 loss in 2025.
Management
The stake of M. VERHULST MANAGEMENT, VERVOORDT r.e. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SÃO PEDRO DEVELOPMENTBehind SÃO PEDRO DEVELOPMENT are Axel Haelterman, Richard Vervoordt, Maxime Verhulst and Frank Buysse. The shares are held by M. VERHULST MANAGEMENT (20%) and VERVOORDT r.e. (20%). It owns 10.7% of Sao Pedro Hills, Hotels & Immobiliaria itself.
Directors
According to the 2025 annual accounts
since 2021
Richard Vervoordt
Director
since 2021
Maxime Verhulst
Director
Also active at: STUYTS, ALGEMENE BOUWONDERNEMING VLASSAK-VERHULST, VLAVER - INVEST, PROLAND, TILL ALWAYS, INTEGERA, BRIX PROJECTS, STUDIX +3 more
since 2021
Frank Buysse
Director
Also active at: BUYSSE & PARTNERS SMART ASSETS, Unibreda, DAERDEN EN CO, Betonwerken Vets en Zonen, SERAX, LA FONCIERE DE WATERMAEL, Buysse & Partners Holding, Siena Invest +9 more
since 2021
Frank Damman
Director
since 2021 · until 2025
Shareholders
Participations
Sao Pedro Hills, Hotels & Immobiliaria
10.7%
Establishments
Establishment units
Physical locations of this company
Stokerijstraat 19
2110 Wijnegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →CONCIPIENDI
€ 18,270 gross margin · 2025
FIMOGEST
€ 38,070 gross margin · 2025
TheDOCK
€ 140,116 gross margin · 2025
The DOCK HOLDING
AXEL VERVOORDT INTERIOR & DESIGN
€ 3 million gross margin · 2025
+3 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
- 0762.634.388
- VAT number
- BE 0762.634.388
- Registered office
- Stokerijstraat 19, 2110 Wijnegem
- Names & denominations
- SÃO PEDRO DEVELOPMENT · SPD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 2021
- Peppol
- Active · Active since 18 Nov 2025