Develop group, MB - financials and debts

Company age: 7 y. 7 mo.

Update

Develop group - Company finances

EUR
2019
From: 2019-02-01
To: 2019-12-31
2020
From: 2020-01-01
To: 2020-12-31
2021
From: 2021-01-01
To: 2021-12-31
2022
From: 2022-01-01
To: 2022-12-31
2023
From: 2023-01-01
To: 2023-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 91,297 48,232 51,164 58,731 38,770 38,040 38,040
Profit before tax 55,178 11,730 15,336 21,279 12,565 2,875 318
Net profit 55,178 11,115 14,567 20,215 11,937 2,701 299
Equity 31,698 14,611 29,178 49,393 61,958 64,031 64,330
Liabilities - - - 3,417 2,271 423 19
Non-current assets 10,228 7,465 6,844 3,023 455 57 1
Current assets 22,393 18,674 40,964 49,787 63,774 64,397 64,348
Total assets 32,621 26,139 47,808 52,810 64,229 64,454 64,349
Financial indicators
Revenue change y/y - -47.2% +6.1% +14.8% -34.0% -1.9% +0.0%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. 169.1% 42.5% 30.5% 38.3% 18.6% 4.2% 0.5%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. 174.1% 76.1% 49.9% 40.9% 19.3% 4.2% 0.5%
Profit margin Net profit margin. Shows the overall profitability of the company. 60.4% 23.0% 28.5% 34.4% 30.8% 7.1% 0.8%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. 60.4% 24.3% 30.0% 36.2% 32.4% 7.6% 0.8%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. - - - 0.1 0.0 0.0 0.0
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 91,297 48,232 51,164 58,731 - - -

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Develop group - Social security debts

From To Debt, €
2022-10-18 2022-10-31 283.67
2022-09-16 2022-09-28 242.78
2022-08-23 2022-09-15 86.18
2022-07-18 2022-08-22 0.05
2022-06-16 2022-07-13 0.05
2022-05-17 2022-06-09 0.05
2022-04-28 2022-05-12 0.05
2022-03-16 2022-03-30 11.05
2021-11-16 2021-11-23 157.96
2021-11-05 2021-11-15 1.36
2021-10-18 2021-10-25 156.60
2021-09-16 2021-09-26 156.60

Develop group - VMI tax arrears

The company had no tax arrears (debts) to the State Tax Inspectorate

VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.

Analysis of the company's financial position

This description was generated by artificial intelligence. Report if inaccurate.
Develop group, MB (code 305009419) is a Small partnership engaged in intermediation service activities for real estate activities. In 2025, the latest financial year, revenue remained stable at €38.0K, unchanged from 2024 and slightly below €38.8K in 2023. Profitability weakened materially over the period: net profit declined from €11.9K in 2023 to €2.7K in 2024 and €299 in 2025, while the profit margin fell from 30.8% to 7.1% and then to 0.8%. The 2-year revenue growth was -1.9%, indicating a broadly steady turnover but much lower earnings conversion. At the end of 2025, total assets were €64.3K, matching equity of €64.3K, with liabilities of only €19. This points to an exceptionally strong equity base and very limited leverage. ROE and ROA were both 0.5%, and asset turnover was 0.59x, suggesting modest asset utilisation alongside continued positive net results.