What does P&A Projects do?

P&A Projects is a construction company in Maldegem. Private Limited, started on 4 March 1960, 1 establishment.

What is the address of P&A Projects?

The registered office of P&A Projects is located at Molenstraat 21, 9991 Maldegem.

Is P&A Projects still active?

Yes. According to the CBE (29 October 2026) P&A Projects is active, legal situation “Normale toestand”, started on 4 March 1960.

Is P&A Projects registered on Peppol?

Yes, P&A Projects is registered on the Peppol network with ID 0208:0401004928.

What is the enterprise number of P&A Projects?

The enterprise number of P&A Projects is BE0401004928.

When was P&A Projects founded?

P&A Projects was founded on 4 March 1960.

Who are the directors of P&A Projects?

According to the 2025 annual accounts, the directors of P&A Projects are: Peter Borgonjon.

Is P&A Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 March 1960; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did P&A Projects make in 2025?

P&A Projects posted a profit after taxes of € 44,890 in financial year 2025.

What is the revenue of P&A Projects?

As a small company, P&A Projects is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 323,607.

How much does an employee at P&A Projects earn?

The average wage cost per full-time employee at P&A Projects was € 50,600 in 2025: staff costs of € 50,591 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does P&A Projects have?

According to the 2025 annual accounts, P&A Projects has 1 full-time equivalents (FTE).

P&A Projects (Private Limited) - Maldegem - BE0401004928

Dossier P&A Projects, printed on 29 October 2026 from databakkes.be/en/0401004928/p-a-projects. 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.

Tight liquidity NBB

Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

P&A Projects from Maldegem, company number BE0401004928, closed financial year 2025 with a result of € 44,890 after tax. For that financial year P&A Projects recorded a gross margin of € 323,607 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -62,796 to € 44,890. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.

What it is worth Healthy

€ 1.6 million

▼ 32% vs 2024

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

Profit Growing

€ 44,890

▲ still € 62,796 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 196,956

▼ 28% vs 2024

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

Where the profit goes Pays out

€ 802,709 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 50,591

▲ 3% vs 2024

€ 50,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 180,050

▲ 138% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 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

▲ 40% vs 2024

€ 365,845 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 136,387

▲ 38% vs 2024

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

Taxes and wages

€ 67,505

▲ 293% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 77,376 Gross margin 2022: € 77,376 First fiscal year in the series	€ 113,382 Gross margin 2023: € 113,382 ▲ 47% vs 2022 (€ 77,376) Favourable step	€ 112,608 Gross margin 2024: € 112,608 ▼ 1% vs 2023 (€ 113,382) Unfavourable step	€ 323,607 Gross margin 2025: € 323,607 ▲ 187% vs 2024 (€ 112,608) Favourable step	▲ 187%
Profit after taxes	€ -30,070 Profit after taxes 2022: € -30,070 First fiscal year in the series	€ -1,242 Profit after taxes 2023: € -1,242 ▲ € 28,828 vs 2022 (€ -30,070) Favourable step	€ -62,796 Profit after taxes 2024: € -62,796 ▼ € 61,554 vs 2023 (€ -1,242) Unfavourable step	€ 44,890 Profit after taxes 2025: € 44,890 ▲ € 107,686 vs 2024 (€ -62,796) Favourable step	▲ € 107,686
Equity	€ 1,036,594 Equity 2022: € 1,036,594 First fiscal year in the series	€ 1,893,352 Equity 2023: € 1,893,352 ▲ 83% vs 2022 (€ 1,036,594) Favourable step	€ 2,360,556 Equity 2024: € 2,360,556 ▲ 25% vs 2023 (€ 1,893,352) Favourable step	€ 1,602,737 Equity 2025: € 1,602,737 ▼ 32% vs 2024 (€ 2,360,556) Unfavourable step	▼ 32%
Total debts	€ 371,728 Total debts 2022: € 371,728 First fiscal year in the series	€ 426,263 Total debts 2023: € 426,263 ▲ 15% vs 2022 (€ 371,728) Unfavourable step	€ 2,668,742 Total debts 2024: € 2,668,742 ▲ € 2.2 million vs 2023 (€ 426,263) Unfavourable step	€ 4,247,075 Total debts 2025: € 4,247,075 ▲ 59% vs 2024 (€ 2,668,742) Unfavourable step	▲ 59%
Cash	€ 219,910 Cash 2022: € 219,910 First fiscal year in the series	€ 102,418 Cash 2023: € 102,418 ▼ 53% vs 2022 (€ 219,910) Unfavourable step	€ 274,446 Cash 2024: € 274,446 ▲ 168% vs 2023 (€ 102,418) Favourable step	€ 196,956 Cash 2025: € 196,956 ▼ 28% vs 2024 (€ 274,446) Unfavourable step	▼ 28%
Land & buildings	€ 353,344 Land & buildings 2022: € 353,344 First fiscal year in the series	€ 1,196,315 Land & buildings 2023: € 1,196,315 ▲ 239% vs 2022 (€ 353,344) Unchanged	€ 3,073,160 Land & buildings 2024: € 3,073,160 ▲ 157% vs 2023 (€ 1,196,315) Unchanged	€ 3,453,134 Land & buildings 2025: € 3,453,134 ▲ 12% vs 2024 (€ 3,073,160) Unchanged	▲ 12%
Retained profit	€ 951,594 Retained profit 2022: € 951,594 First fiscal year in the series	€ 950,352 Retained profit 2023: € 950,352 Unchanged (€ 951,594) Unfavourable step	€ 887,556 Retained profit 2024: € 887,556 ▼ 7% vs 2023 (€ 950,352) Unfavourable step	€ 129,737 Retained profit 2025: € 129,737 ▼ 85% vs 2024 (€ 887,556) Unfavourable step	▼ 85%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 802,709 Dividend 2025: € 802,709 Unchanged (€ 0) Unchanged
Bank debt	€ 227,332 Bank debt 2022: € 227,332 First fiscal year in the series	€ 157,119 Bank debt 2023: € 157,119 ▼ 31% vs 2022 (€ 227,332) Favourable step	€ 1,114,014 Bank debt 2024: € 1,114,014 ▲ € 956,895 vs 2023 (€ 157,119) Unfavourable step	€ 1,562,521 Bank debt 2025: € 1,562,521 ▲ 40% vs 2024 (€ 1,114,014) Unfavourable step	▲ 40%
Balance sheet total	€ 1,408,322 Balance sheet total 2022: € 1,408,322 First fiscal year in the series	€ 2,319,614 Balance sheet total 2023: € 2,319,614 ▲ 65% vs 2022 (€ 1,408,322) Unchanged	€ 5,029,298 Balance sheet total 2024: € 5,029,298 ▲ 117% vs 2023 (€ 2,319,614) Unchanged	€ 5,849,812 Balance sheet total 2025: € 5,849,812 ▲ 16% vs 2024 (€ 5,029,298) Unchanged	▲ 16%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of P&A Projects, 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 P&A Projects?

What happened at P&A Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 5, 2026 New annual accounts for financial year 2025: profit of € 44,890. Source: NBB ↗
2009 Peter Borgonjon became a director. NBB
Mar 4, 1960 Start of the company according to the CBE. KBO
Jan 1, 1960 New establishment in Maldegem. KBO

In short

From € 30,070 loss in 2022 to € 44,890 profit in 2025.

Paid € 16,552 in corporate taxes since 2022.

Best year ever: 2025, with € 44,890 profit.

On average € 323,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Peter Borgonjon

P&A Projects

Woolridge 50%

BOMEIR CONSTRUCT 40%

Behind P&A Projects is Peter Borgonjon. It owns 50% of Woolridge and 40% of BOMEIR CONSTRUCT itself.

Directors

According to the 2025 annual accounts

Peter Borgonjon

Bestuurder

Also active at: VEBO CONSTRUCT, Projectbouw Borgonjon, BOMEIR INVEST, BOMEIR CONSTRUCT

since 2009

Establishments

Establishment units

Physical locations of this company

Registered office

Molenstraat 21

9991 Maldegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

BOMEIR INVEST same network

€ 127,552 gross margin · 2025

BOMEIR CONSTRUCT same network

€ -17,067 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0401.004.928

VAT number

BE 0401.004.928

Registered office

Molenstraat 21, 9991 Maldegem

Names & denominations

P&A Projects

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

4 March 1960

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

View on CBE Public ↗ Annual accounts (NBB) ↗

P&A Projects

Warning lights

Financials

What happened to P&A Projects?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions