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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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
RESEARCH & DEVELOPMENT from Verviers, company number BE0845047370, closed financial year 2025 with a result of € 7,324 after tax. For that financial year RESEARCH & DEVELOPMENT recorded a gross margin of € 7,886 and equity of € -46,064. Compared with financial year 2024, the result moved from € -12,404 to € 7,324. Profitable, and profit is growing. 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 26, 2026.
€ -46,064
▲ € 7,324 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,324
▲ still € 12,404 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -71,064.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 1,281
▲ 48% vs 2024
Loans from banks and other lenders, long and short.
€ 4,053
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,021
▲ 108% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,548 | € -5,574 | € -3,251 | € 7,886 | ▲ € 11,137 |
| Profit after taxes | € 9,939 | € -14,259 | € -12,404 | € 7,324 | ▲ € 19,727 |
| Equity | € -26,725 | € -40,984 | € -53,388 | € -46,064 | ▲ € 7,324 |
| Total debts | € 278,839 | € 293,782 | € 277,498 | € 269,239 | ▼ 3% |
| Retained profit | € -51,725 | € -65,984 | € -78,388 | € -71,064 | ▲ € 7,324 |
| Bank debt | € 83 | € 422 | € 863 | € 1,281 | ▲ 48% |
| Balance sheet total | € 252,114 | € 252,798 | € 224,110 | € 223,175 |
Key figures of RESEARCH & 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 RESEARCH & DEVELOPMENT?
What happened at RESEARCH & DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,324. filed late Source: NBB ↗
- New establishment in Verviers. KBO
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
- JEAN-POL GODEFROID became a director. NBB
In short
From € 9,939 profit in 2022 to € 7,324 profit in 2025.
Best year ever: 2022, with € 9,939 profit.
A new publication or filing at RESEARCH & DEVELOPMENT? We notify you, reason included.
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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 RESEARCH & DEVELOPMENT is JEAN-POL GODEFROID. JEAN-POL GODEFROID is also behind IMMOBILIERE DU PALAIS.
Directors
According to the 2025 annual accounts
since 2012
Establishments
Establishment units
Physical locations of this company
Quai de la Vesdre 21 box B
4800 Verviers
Rue Jean Gôme 15 box 6
4802 Verviers
Active since 5 April 2012
Place Verte 18
4800 Verviers
Active since 9 June 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0845.047.370
- VAT number
- BE 0845.047.370
- Registered office
- Quai de la Vesdre 21 bus B, 4800 Verviers
- Names & denominations
- RESEARCH & DEVELOPMENT · R&D
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2012
- Peppol
- Not registered
- Activities · NACE
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