What does DEVELOPMENT REAL ESTATE do?

DEVELOPMENT REAL ESTATE is registered with the CBE as active in: Ontwikkeling van niet-residentiële bouwprojecten. Private Limited, started on 5 July 2007, 1 establishment.

What is the address of DEVELOPMENT REAL ESTATE?

The registered office of DEVELOPMENT REAL ESTATE is located at Recogne,Rue du Flosse 22, 6800 Libramont-Chevigny.

Is DEVELOPMENT REAL ESTATE still active?

Yes. According to the CBE (30 October 2026) DEVELOPMENT REAL ESTATE is active, legal situation “Normale toestand”, started on 5 July 2007.

Is DEVELOPMENT REAL ESTATE registered on Peppol?

Yes, DEVELOPMENT REAL ESTATE is registered on the Peppol network with ID 0208:0890601540.

What is the enterprise number of DEVELOPMENT REAL ESTATE?

The enterprise number of DEVELOPMENT REAL ESTATE is BE0890601540.

When was DEVELOPMENT REAL ESTATE founded?

DEVELOPMENT REAL ESTATE was founded on 5 July 2007.

Who are the directors of DEVELOPMENT REAL ESTATE?

According to the 2025 annual accounts, the directors of DEVELOPMENT REAL ESTATE are: GROUP REAL ESTATE SRL.

Is DEVELOPMENT REAL ESTATE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 July 2007; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did DEVELOPMENT REAL ESTATE make in 2025?

DEVELOPMENT REAL ESTATE posted a profit after taxes of € 128 in financial year 2025.

What is the revenue of DEVELOPMENT REAL ESTATE?

As a small company, DEVELOPMENT REAL ESTATE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 116,677.

DEVELOPMENT REAL ESTATE (Private Limited)

Dossier DEVELOPMENT REAL ESTATE, printed on 30 October 2026 from databakkes.be/en/0890601540/development-real-estate. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

DEVELOPMENT REAL ESTATE from Libramont-Chevigny, company number BE0890601540, closed financial year 2025 with a result of € 128 after tax. For that financial year DEVELOPMENT REAL ESTATE recorded a gross margin of € 116,677 and equity of € -461,247. Compared with financial year 2024, the result moved from € -4,209 to € 128. 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 October 16, 2026.

What it is worth Caution

€ -461,247

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

Profit Growing

€ 128

▲ still € 4,209 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,074

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -501,247.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.6 million

€ 148,527 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 150,195

▼ 55% vs 2024

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

Taxes

€ 18,814

▲ € 17,315 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -28,056 Gross margin 2022: € -28,056 First fiscal year in the series	€ 13,700 Gross margin 2023: € 13,700 ▲ € 41,757 vs 2022 (€ -28,056) Favourable step	€ 110,935 Gross margin 2024: € 110,935 ▲ € 97,235 vs 2023 (€ 13,700) Favourable step	€ 116,677 Gross margin 2025: € 116,677 ▲ 5% vs 2024 (€ 110,935) Favourable step	▲ 5%
Profit after taxes	€ -74,338 Profit after taxes 2022: € -74,338 First fiscal year in the series	€ -78,166 Profit after taxes 2023: € -78,166 ▼ € 3,828 vs 2022 (€ -74,338) Unfavourable step	€ -4,209 Profit after taxes 2024: € -4,209 ▲ € 73,958 vs 2023 (€ -78,166) Favourable step	€ 128 Profit after taxes 2025: € 128 ▲ € 4,337 vs 2024 (€ -4,209) Favourable step	▲ € 4,337
Equity	€ -379,001 Equity 2022: € -379,001 First fiscal year in the series	€ -457,167 Equity 2023: € -457,167 ▼ € 78,166 vs 2022 (€ -379,001) Unfavourable step	€ -461,376 Equity 2024: € -461,376 ▼ € 4,209 vs 2023 (€ -457,167) Unfavourable step	€ -461,247 Equity 2025: € -461,247 Unchanged (€ -461,376) Favourable step
Total debts	€ 1,875,779 Total debts 2022: € 1,875,779 First fiscal year in the series	€ 2,200,560 Total debts 2023: € 2,200,560 ▲ 17% vs 2022 (€ 1,875,779) Unfavourable step	€ 2,410,942 Total debts 2024: € 2,410,942 ▲ 10% vs 2023 (€ 2,200,560) Unfavourable step	€ 2,211,490 Total debts 2025: € 2,211,490 ▼ 8% vs 2024 (€ 2,410,942) Favourable step	▼ 8%
Cash	€ 11,956 Cash 2022: € 11,956 First fiscal year in the series	€ 42 Cash 2023: € 42 ▼ € 11,914 vs 2022 (€ 11,956) Unfavourable step	-	€ 2,074 Cash 2025: € 2,074 First fiscal year in the series
Land & buildings	€ 630,772 Land & buildings 2022: € 630,772 First fiscal year in the series	€ 363,325 Land & buildings 2023: € 363,325 ▼ 42% vs 2022 (€ 630,772) Unchanged	€ 350,893 Land & buildings 2024: € 350,893 ▼ 3% vs 2023 (€ 363,325) Unchanged	€ 338,461 Land & buildings 2025: € 338,461 ▼ 4% vs 2024 (€ 350,893) Unchanged	▼ 4%
Retained profit	€ -419,001 Retained profit 2022: € -419,001 First fiscal year in the series	€ -497,167 Retained profit 2023: € -497,167 ▼ € 78,166 vs 2022 (€ -419,001) Unfavourable step	€ -501,376 Retained profit 2024: € -501,376 ▼ € 4,209 vs 2023 (€ -497,167) Unfavourable step	€ -501,247 Retained profit 2025: € -501,247 Unchanged (€ -501,376) Favourable step
Bank debt	€ 1,289,363 Bank debt 2022: € 1,289,363 First fiscal year in the series	€ 1,612,116 Bank debt 2023: € 1,612,116 ▲ 25% vs 2022 (€ 1,289,363) Unfavourable step	€ 1,548,863 Bank debt 2024: € 1,548,863 ▼ 4% vs 2023 (€ 1,612,116) Favourable step	€ 1,552,111 Bank debt 2025: € 1,552,111 Unchanged (€ 1,548,863) Unfavourable step
Balance sheet total	€ 1,496,779 Balance sheet total 2022: € 1,496,779 First fiscal year in the series	€ 1,743,393 Balance sheet total 2023: € 1,743,393 ▲ 16% vs 2022 (€ 1,496,779) Unchanged	€ 1,949,567 Balance sheet total 2024: € 1,949,567 ▲ 12% vs 2023 (€ 1,743,393) Unchanged	€ 1,750,243 Balance sheet total 2025: € 1,750,243 ▼ 10% vs 2024 (€ 1,949,567) Unchanged	▼ 10%

Key figures of DEVELOPMENT REAL ESTATE, 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 REAL ESTATE?

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

Oct 16, 2026 New annual accounts for financial year 2025: profit of € 128. filed late Source: NBB ↗
Aug 1, 2007 New establishment in Libramont-Chevigny. KBO
Jul 5, 2007 Start of the company according to the CBE. KBO

In short

From € 74,338 loss in 2022 to € 128 profit in 2025.

Best year ever: 2025, with € 128 profit.

Original PDFs at the National Bank ↗

Management

GROUP REAL ESTATE 99.8%

The stake of GROUP REAL ESTATE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DEVELOPMENT REAL ESTATE

Behind DEVELOPMENT REAL ESTATE is GROUP REAL ESTATE SRL. The shares are held by GROUP REAL ESTATE (99.8%).

Directors

According to the 2025 annual accounts

GROUP REAL ESTATE SRL

Director

Also active at: PROJECT REAL ESTATE, Résidence les Corettes, Résidence de Gonhache, RODON REAL ESTATE COMPANY

Shareholders

GROUP REAL ESTATE

99.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Recogne,Rue du Flosse 22

6800 Libramont-Chevigny

2.166.993.064

Recogne,Rue du Flosse 29

6800 Libramont-Chevigny

Active since 1 August 2007

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 →

GROUP REAL ESTATE same network

€ -31,587 gross margin · 2025

PIRIRE RETAIL

€ -3,495 gross margin · 2024

PROJECT REAL ESTATE same network

€ 4,519 gross margin · 2025

Résidence les Corettes same network

€ 184,917 gross margin · 2025

Résidence de Gonhache same network

€ -10,114 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: 0890.601.540
VAT number: BE 0890.601.540
Registered office: Recogne,Rue du Flosse 22, 6800 Libramont-Chevigny
Names & denominations: DEVELOPMENT REAL ESTATE
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 5 July 2007
Peppol: Active · Active since 9 Oct 2025
Activities · NACE: Ontwikkeling van niet-residentiële bouwprojecten

View on CBE Public ↗ Annual accounts (NBB) ↗