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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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
PROJECTS & CONSTRUCT from Morlanwelz, company number BE0444506359, closed financial year 2025 with a result of € 65,593 after tax. For that financial year PROJECTS & CONSTRUCT recorded a gross margin of € 1.2 million and equity of € 256,224. Compared with financial year 2024, the result moved from € 56,490 to € 65,593. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 256,224
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,593
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 118,435
▲ 282% 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 € 194,251.
People and assets in 2025
€ 972,746
▲ 64% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 91,053
▲ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 218,030
▲ 18% vs 2024
€ 145,408 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 183,961
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 115,841
▲ 148% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -15,207 | € 303,658 | € 703,531 | € 1,170,722 | ▲ 66% |
| Profit after taxes | € -20,055 | € 10,238 | € 56,490 | € 65,593 | ▲ 16% |
| Equity | € 123,903 | € 134,141 | € 190,631 | € 256,224 | ▲ 34% |
| Total debts | € 20,185 | € 357,281 | € 567,333 | € 533,261 | ▼ 6% |
| Cash | € 20,460 | € 41,132 | € 31,021 | € 118,435 | ▲ 282% |
| Retained profit | € 61,929 | € 72,167 | € 128,658 | € 194,251 | ▲ 51% |
| Bank debt | € 0 | € 0 | € 184,731 | € 218,030 | ▲ 18% |
| Balance sheet total | € 144,087 | € 491,422 | € 757,964 | € 789,485 | ▲ 4% |
Key figures of PROJECTS & CONSTRUCT, 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 PROJECTS & CONSTRUCT?
What happened at PROJECTS & CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Quentin BAUVIGNET stepped down as director. NBB
- Samuel FOGLIA stepped down as director. NBB
- Eric DE BODT stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 65,593 (▲ 16% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Morlanwelz. KBO
In short
From € 20,055 loss in 2022 to € 65,593 profit in 2025.
Paid € 43,344 in corporate taxes since 2022.
Best year ever: 2025, with € 65,593 profit.
Management
The stake of DE BODT Eric comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROJECTS & CONSTRUCTThe shares are held by DE BODT Eric (100%).
Directors
According to the 2025 annual accounts
Quentin BAUVIGNET
Managing director
· until 2028
Samuel FOGLIA
Director
· until 2028
· until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue d' Haine(MSA) 45
7141 Morlanwelz
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.506.359
- VAT number
- BE 0444.506.359
- Registered office
- Rue d' Haine(MSA) 45, 7141 Morlanwelz
- Names & denominations
- PROJECTS & CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1991
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden