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.
Financials
Financial year 2025
INITIATIVES & DEVELOPPEMENTS from Chaumont-Gistoux, company number BE0866053711, closed financial year 2025 with a result of € -20,803 after tax. For that financial year INITIATIVES & DEVELOPPEMENTS recorded a gross margin of € -20,350 and equity of € -779,826. Compared with financial year 2024, the result moved from € 17,082 to € -20,803. 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 31, 2026.
€ -779,826
▼ € 20,804 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,803
▼ still € 17,082 profit in 2024
Profit after tax over the fiscal year.
€ 10,780
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -798,426.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 95,000
Loans from banks and other lenders, long and short.
€ 28,168
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 979
▲ € 970 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,279 | € 2,800 | € 17,530 | € -20,350 | ▼ € 37,879 |
| Profit after taxes | € -11,233 | € 2,361 | € 17,082 | € -20,803 | ▼ € 37,886 |
| Equity | € -778,466 | € -776,105 | € -759,023 | € -779,826 | ▼ € 20,804 |
| Total debts | € 887,162 | € 921,475 | € 894,005 | € 878,716 | ▼ 2% |
| Cash | € 16,982 | € 35,943 | € 40,254 | € 10,780 | ▼ 73% |
| Retained profit | € -797,066 | € -794,705 | € -777,623 | € -798,426 | ▼ € 20,804 |
| Bank debt | € 95,000 | € 95,000 | € 95,000 | € 95,000 | |
| Balance sheet total | € 108,695 | € 145,370 | € 134,982 | € 98,890 | ▼ 27% |
Key figures of INITIATIVES & DEVELOPPEMENTS, 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 INITIATIVES & DEVELOPPEMENTS?
What happened at INITIATIVES & DEVELOPPEMENTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,804 (▼ € 37,886 vs 2024). Source: NBB ↗
- IJV-IFAS became a director. NBB
- Etienne BERTRAND became a director. NBB
- New establishment in Chaumont-Gistoux. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,233 loss in 2022 to € 20,804 loss in 2025.
Best year ever: 2024, with € 17,082 profit.
Management
Behind INITIATIVES & DEVELOPPEMENTS are Etienne BERTRAND and IJV-IFAS. IJV-IFAS is also behind Together for Entrepreneurship, Networking and Technology.
Directors
According to the 2025 annual accounts
Etienne BERTRAND
Administrator-manager
since 2016
Director · represented by Ronald Everaert
Also active at: Together for Entrepreneurship, Networking and Technology
since 2025
Establishments
Establishment units
Physical locations of this company
Rue du Fraignat, Corroy 70
1325 Chaumont-Gistoux
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0866.053.711
- VAT number
- BE 0866.053.711
- Registered office
- Rue du Fraignat, Corroy 70, 1325 Chaumont-Gistoux
- Names & denominations
- INITIATIVES & DEVELOPPEMENTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2004
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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