About Sources Development
Sources Development is a private limited company (BV/SRL) based in Brussel, founded in 2016. Its main activity is classified as "Ontwikkeling van residentiële bouwprojecten". For the 2025 financial year, Sources Development reported a loss of €69,984. That makes 3 loss-making financial years in a row for Sources Development. Revenue was not published, which is common for abbreviated accounts. The gross margin came to -€45,858. Equity is negative (-€35,288): liabilities exceed assets. In 2017 it was €207,928. 9 annual accounts are available, covering 2017 to 2025.
- Sectors
- Construction companies
- Signals
-
Negative equityNegative equity € -35K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -70KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.95The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -70KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -69KEBITDA is negative: operating activities are loss-making.
- Shareholders
- Belgian Land 0,01%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
-46K
|
€
-194K
|
€
-168K
|
€
860K
|
|
|
€
-69K
|
€
-201K
|
€
-169K
|
€
858K
|
|
|
€
-70K
|
€
-203K
|
€
-178K
|
€
601K
|
|
|
€
-35K
|
€
35K
|
€
237K
|
€
415K
|
|
|
-4.81%
|
4.29%
|
58.71%
|
26.86%
|
|
|
€
770K
|
€
774K
|
€
167K
|
€
1.13M
|
|
|
€
92K
|
€
359K
|
€
53K
|
€
345K
|
Publications 5
All publications- Statuts (Traduction, Coordination, Autres Modifications, ) - Modification Forme Juridique - Demissions, Nominations 12/12/2023
- Demissions, Nominations 05/05/2021
- Siege Social 26/08/2020
- Capital, Actions 05/01/2018
- Rubrique Constitution (Nouvelle Personne Morale, Ouverture Succursale, Etc...) 28/12/2016
Frequently asked questions
Answers to the most common questions about Sources Development, based on official government data and the filed annual accounts.
What is the VAT number of Sources Development?
The VAT number of Sources Development is BE0668.433.334.
When was Sources Development established?
Sources Development was founded in 23-12-2016.
What is the official address of Sources Development?
The official address of Sources Development is Guimardstraat 18 Brussel 1040.
What is the legal form of Sources Development?
The juridical form of Sources Development is Private limited company (BV/SRL).
What is the annual revenue of Sources Development?
The 2025 accounts of Sources Development do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Sources Development a reliable company?
Sources Development is a registered Rechtspersoon with company number 0668.433.334 and can be verified through the official CBE database.
What is the credit limit of Sources Development?
The estimated credit limit of Sources Development is €0.
Is Sources Development still active?
Sources Development currently has the status "Normal situation" and is active.