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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
SOCIETE DE DEVELOPPEMENT ET DE PROMOTION from Ukkel, company number BE0874708386, closed financial year 2025 with a result of € -220,944 after tax. For that financial year SOCIETE DE DEVELOPPEMENT ET DE PROMOTION recorded a gross margin of € -125,250 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 145,902 to € -220,944. 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 August 31, 2026.
€ 1.1 million
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -220,944
▼ still € 145,902 profit in 2024
Profit after tax over the fiscal year.
€ 111,084
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
Debts at end 2025
€ 1 million
▼ 39% vs 2024
€ 827,670 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 6,071
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,231
▲ 47% 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 | € 1,301 | € 224,829 | € 216,153 | € -125,250 | ▼ € 341,403 |
| Profit after taxes | € -83,859 | € -22,653 | € 145,902 | € -220,944 | ▼ € 366,846 |
| Equity | € 1,210,439 | € 1,187,786 | € 1,333,688 | € 1,112,744 | ▼ 17% |
| Total debts | € 3,648,497 | € 2,211,738 | € 1,699,451 | € 1,044,113 | ▼ 39% |
| Cash | € 283,057 | € 402,038 | € 78,012 | € 111,084 | ▲ 42% |
| Land & buildings | € 789,196 | - | - | - | |
| Retained profit | € 1,147,439 | € 1,124,786 | € 1,270,688 | € 1,049,744 | ▼ 17% |
| Bank debt | € 3,627,011 | € 2,173,973 | € 1,680,327 | € 1,030,811 | ▼ 39% |
| Balance sheet total | € 4,858,937 | € 3,399,524 | € 3,033,139 | € 2,156,857 | ▼ 29% |
Key figures of SOCIETE DE DEVELOPPEMENT ET DE PROMOTION, 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 SOCIETE DE DEVELOPPEMENT ET DE PROMOTION?
What happened at SOCIETE DE DEVELOPPEMENT ET DE PROMOTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier HERPAIN stepped down as director. NBB
- THEC SRL stepped down as director. NBB
- Abdulai DEZLIL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 220,944 (▼ € 366,846 vs 2024). filed late Source: NBB ↗
- GOOD DNJ SRL stepped down as director. NBB
- Olivier HERPAIN became a director. NBB
- THEC SRL became a director. NBB
- Abdulai DEZLIL became a director. NBB
In short
From € 83,859 loss in 2022 to € 220,944 loss in 2025.
Paid € 4,914 in corporate taxes since 2022.
Best year ever: 2024, with € 145,902 profit.
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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
The stake of OLIVIER HERPAIN, THIERRY HERPAIN EXPERTISES ET CONSULTANCES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SOCIETE DE DEVELOPPEMENT ET DE PROMOTIONThe shares are held by OLIVIER HERPAIN (25%) and THIERRY HERPAIN EXPERTISES ET CONSULTANCES (0.3%). It owns 100% of JG Invest Real Estate itself.
Directors
According to the 2025 annual accounts
Olivier HERPAIN
Managing director
since 2023 · until 2029
Managing director · represented by Thierry Herpain
since 2023 · until 2029
Managing director · represented by John Steininger
Also active at: J.G. INVEST REAL ESTATE
since 2020 · until 2026
Abdulai DEZLIL
Managing director
since 2023 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Beeldhouwerslaan 41
1180 Ukkel
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0874.708.386
- VAT number
- BE 0874.708.386
- Registered office
- Beeldhouwerslaan 41, 1180 Ukkel
- Names & denominations
- SOCIETE DE DEVELOPPEMENT ET DE PROMOTION · SODEPRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2005
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Markt- en opinieonderzoek
Ontwikkeling van niet-residentiële bouwprojecten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Handel in eigen onroerend goed
Marktonderzoekbureaus
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