What is the address of DEVELOPMENT S?

The registered office of DEVELOPMENT S is located at Sint Pietersveldstraat 4, 8750 Wingene.

Is DEVELOPMENT S still active?

Yes. According to the CBE (30 October 2026) DEVELOPMENT S is active, legal situation “Normale toestand”, started on 30 June 2003.

Is DEVELOPMENT S registered on Peppol?

No, DEVELOPMENT S is currently not registered on the Peppol network.

What is the enterprise number of DEVELOPMENT S?

The enterprise number of DEVELOPMENT S is BE0860325167.

When was DEVELOPMENT S founded?

DEVELOPMENT S was founded on 30 June 2003.

Who are the directors of DEVELOPMENT S?

According to the 2025 annual accounts, the directors of DEVELOPMENT S are: ELISABETH GYSELBRECHT.

Is DEVELOPMENT S a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 June 2003; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did DEVELOPMENT S make in 2025?

DEVELOPMENT S recorded a loss after taxes of € 6,762 in financial year 2025.

What is the revenue of DEVELOPMENT S?

As a small company, DEVELOPMENT S is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 36,493.

DEVELOPMENT S (Private Limited) - Wingene - BE0860325167

Dossier DEVELOPMENT S, printed on 30 October 2026 from databakkes.be/en/0860325167/development-s. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.
Tight liquidity NBB

Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

DEVELOPMENT S from Wingene, company number BE0860325167, closed financial year 2025 with a result of € -6,762 after tax. For that financial year DEVELOPMENT S recorded a gross margin of € 36,493 and equity of € 453,845. Compared with financial year 2024, the result moved from € -1,177 to € -6,762. 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 July 30, 2026.

What it is worth Healthy

€ 453,845

▼ 1% vs 2024

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

Loss Caution

€ -6,762

▼ 474 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,012

▼ 77% 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 € -786,155.

People and assets in 2025

Vehicles and equipment

€ 4,972

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 27,273

▼ 50% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 260

▼ 84% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 16,171 Gross margin 2022: € 16,171 First fiscal year in the series	€ 38,910 Gross margin 2023: € 38,910 ▲ 141% vs 2022 (€ 16,171) Favourable step	€ 41,498 Gross margin 2024: € 41,498 ▲ 7% vs 2023 (€ 38,910) Favourable step	€ 36,493 Gross margin 2025: € 36,493 ▼ 12% vs 2024 (€ 41,498) Unfavourable step	▼ 12%
Profit after taxes	€ -14,345 Profit after taxes 2022: € -14,345 First fiscal year in the series	€ 9,070 Profit after taxes 2023: € 9,070 ▲ € 23,415 vs 2022 (€ -14,345) Favourable step	€ -1,177 Profit after taxes 2024: € -1,177 ▼ € 10,247 vs 2023 (€ 9,070) Unfavourable step	€ -6,762 Profit after taxes 2025: € -6,762 ▼ € 5,584 vs 2024 (€ -1,177) Unfavourable step	▼ € 5,584
Equity	€ 452,713 Equity 2022: € 452,713 First fiscal year in the series	€ 461,784 Equity 2023: € 461,784 ▲ 2% vs 2022 (€ 452,713) Favourable step	€ 460,607 Equity 2024: € 460,607 Unchanged (€ 461,784) Unfavourable step	€ 453,845 Equity 2025: € 453,845 ▼ 1% vs 2024 (€ 460,607) Unfavourable step	▼ 1%
Total debts	€ 664,674 Total debts 2022: € 664,674 First fiscal year in the series	€ 615,387 Total debts 2023: € 615,387 ▼ 7% vs 2022 (€ 664,674) Favourable step	€ 591,025 Total debts 2024: € 591,025 ▼ 4% vs 2023 (€ 615,387) Favourable step	€ 564,149 Total debts 2025: € 564,149 ▼ 5% vs 2024 (€ 591,025) Favourable step	▼ 5%
Cash	€ 4,678 Cash 2022: € 4,678 First fiscal year in the series	€ 16,822 Cash 2023: € 16,822 ▲ 260% vs 2022 (€ 4,678) Favourable step	€ 8,839 Cash 2024: € 8,839 ▼ 47% vs 2023 (€ 16,822) Unfavourable step	€ 2,012 Cash 2025: € 2,012 ▼ 77% vs 2024 (€ 8,839) Unfavourable step	▼ 77%
Land & buildings	€ 1,109,954 Land & buildings 2022: € 1,109,954 First fiscal year in the series	€ 1,057,594 Land & buildings 2023: € 1,057,594 ▼ 5% vs 2022 (€ 1,109,954) Unchanged	€ 1,033,815 Land & buildings 2024: € 1,033,815 ▼ 2% vs 2023 (€ 1,057,594) Unchanged	€ 1,008,254 Land & buildings 2025: € 1,008,254 ▼ 2% vs 2024 (€ 1,033,815) Unchanged	▼ 2%
Retained profit	€ -787,287 Retained profit 2022: € -787,287 First fiscal year in the series	€ -778,216 Retained profit 2023: € -778,216 ▲ € 9,070 vs 2022 (€ -787,287) Favourable step	€ -779,393 Retained profit 2024: € -779,393 Unchanged (€ -778,216) Unfavourable step	€ -786,155 Retained profit 2025: € -786,155 ▼ € 6,762 vs 2024 (€ -779,393) Unfavourable step	▼ € 6,762
Bank debt	€ 109,091 Bank debt 2022: € 109,091 First fiscal year in the series	€ 81,818 Bank debt 2023: € 81,818 ▼ 25% vs 2022 (€ 109,091) Favourable step	€ 54,545 Bank debt 2024: € 54,545 ▼ 33% vs 2023 (€ 81,818) Favourable step	€ 27,273 Bank debt 2025: € 27,273 ▼ 50% vs 2024 (€ 54,545) Favourable step	▼ 50%
Balance sheet total	€ 1,117,388 Balance sheet total 2022: € 1,117,388 First fiscal year in the series	€ 1,077,171 Balance sheet total 2023: € 1,077,171 ▼ 4% vs 2022 (€ 1,117,388) Unchanged	€ 1,051,632 Balance sheet total 2024: € 1,051,632 ▼ 2% vs 2023 (€ 1,077,171) Unchanged	€ 1,017,994 Balance sheet total 2025: € 1,017,994 ▼ 3% vs 2024 (€ 1,051,632) Unchanged	▼ 3%

Key figures of DEVELOPMENT S, 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 DEVELOPMENT S?

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

Jul 30, 2026 New annual accounts for financial year 2025: loss of € 6,762. Source: NBB ↗
2012 ELISABETH GYSELBRECHT became a director. NBB
Jan 8, 2004 New establishment in Knokke-Heist. KBO
Jun 30, 2003 Start of the company according to the CBE. KBO

In short

From € 14,345 loss in 2022 to € 6,762 loss in 2025.

Best year ever: 2023, with € 9,070 profit.

Original PDFs at the National Bank ↗

Management

ELISABETH GYSELBRECHT

DEVELOPMENT S

GYSELBRECHT PIGEONS RUISELEDE

Dr. Elisabeth Gyselbrecht - huisartsenpraktijk

Behind DEVELOPMENT S is ELISABETH GYSELBRECHT. ELISABETH GYSELBRECHT is also behind GYSELBRECHT PIGEONS RUISELEDE and Dr. Elisabeth Gyselbrecht - huisartsenpraktijk.

Directors

According to the 2025 annual accounts

ELISABETH GYSELBRECHT

Director

Also active at: GYSELBRECHT PIGEONS RUISELEDE, Dr. Elisabeth Gyselbrecht - huisartsenpraktijk

since 2012

Establishments

Establishment units

Physical locations of this company

Registered office

Sint Pietersveldstraat 4

8750 Wingene

2.134.870.030

Kustlaan 339 box 71

8300 Knokke-Heist

Active since 8 January 2004

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 →

Ferroligno

€ 168,482 gross margin · 2025

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

Details

Company number: 0860.325.167
VAT number: BE 0860.325.167
Registered office: Sint Pietersveldstraat 4, 8750 Wingene
Names & denominations: DEVELOPMENT S
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 30 June 2003
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗