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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PROJECT DESIGN from Knokke-Heist, company number BE0423749052, closed financial year 2025 with a result of € 17,957 after tax. For that financial year PROJECT DESIGN recorded a gross margin of € 33,954 and equity of € 178,129. Compared with financial year 2024, the result moved from € 16,719 to € 17,957. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 178,129
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,957
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 30,832
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 116,129.
People and assets in 2025
€ 228
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 34
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,467
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,152 | € 24,730 | € 33,093 | € 33,954 | ▲ 3% |
| Profit after taxes | € 13,211 | € 12,021 | € 16,719 | € 17,957 | ▲ 7% |
| Equity | € 131,432 | € 143,453 | € 160,172 | € 178,129 | ▲ 11% |
| Total debts | € 41,390 | € 9,584 | € 6,007 | € 5,501 | ▼ 8% |
| Cash | € 52,529 | € 36,904 | € 41,841 | € 30,832 | ▼ 26% |
| Land & buildings | € 31,733 | € 28,426 | € 26,129 | € 24,123 | ▼ 8% |
| Retained profit | € 69,432 | € 81,453 | € 98,172 | € 116,129 | ▲ 18% |
| Dividend | € 30,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 172,822 | € 153,037 | € 166,179 | € 183,630 | ▲ 11% |
Key figures of PROJECT DESIGN, 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 PROJECT DESIGN?
What happened at PROJECT DESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,957 (▲ 7% vs 2024). filed late Source: NBB ↗
- Jan Bailyu became a director. NBB
- Pieter Bailyu became a director. NBB
- New establishment in Knokke-Heist. KBO
- Daniel Bailyu became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 13,211 profit in 2022 to € 17,957 profit in 2025.
Paid € 26,175 in corporate taxes since 2022.
Best year ever: 2025, with € 17,957 profit.
Paid out € 30,000 in dividends to the owners in total.
Management
Behind PROJECT DESIGN are Daniel Bailyu, Jan Bailyu and Pieter Bailyu. Pieter Bailyu is also behind ARCHITEKTENBUREAU PROJECT.
Directors
According to the 2025 annual accounts
Daniel Bailyu
Managing director
since 1983
Jan Bailyu
Director
since 1986
since 1986
Establishments
Establishment units
Physical locations of this company
Knokkestraat 154
8301 Knokke-Heist
Zeedijk-Knokke 154
8300 Knokke-Heist
Active since 10 March 1983
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
UPCLOUD, FI
Website info
Features
Security
Network
Details
- Company number
- 0423.749.052
- VAT number
- BE 0423.749.052
- Registered office
- Knokkestraat 154, 8301 Knokke-Heist
- Names & denominations
- PROJECT DESIGN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1983
- Peppol
- Not registered
- Contact
- projectweb.be