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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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PR Vastgoedprojects from Kortrijk, company number BE0447781296, closed financial year 2024 with a result of € 18,368 after tax. For that financial year PR Vastgoedprojects recorded a gross margin of € 57,610 and equity of € 446,886. Compared with financial year 2023, the result moved from € 10,598 to € 18,368. 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 June 27, 2025.
€ 446,886
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,368
▲ 73% vs 2023
Profit after tax over the fiscal year.
€ 10,767
▲ 187% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -115,114.
People and assets in 2024
€ 4,591
▲ 10% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 490
▼ 43% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 127,430
▲ 2% vs 2023
€ 23,359 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 20,527
▼ 36% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 19,091
▲ 131% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 89,756 | € 76,639 | € 47,702 | € 57,610 | ▲ 21% |
| Profit after taxes | € 18,949 | € 30,901 | € 10,598 | € 18,368 | ▲ 73% |
| Equity | € 387,019 | € 417,920 | € 428,517 | € 446,886 | ▲ 4% |
| Total debts | € 229,391 | € 224,912 | € 196,516 | € 177,634 | ▼ 10% |
| Cash | € 2,588 | € 6,107 | € 3,753 | € 10,767 | ▲ 187% |
| Land & buildings | € 603,710 | € 594,277 | € 584,843 | € 575,410 | ▼ 2% |
| Retained profit | € -174,981 | € -144,080 | € -133,483 | € -115,114 | ▲ € 18,368 |
| Bank debt | € 170,557 | € 149,270 | € 125,217 | € 127,430 | ▲ 2% |
| Balance sheet total | € 616,410 | € 642,832 | € 625,034 | € 624,520 |
Key figures of PR Vastgoedprojects, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PR Vastgoedprojects?
What happened at PR Vastgoedprojects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 18,368 (▲ 73% vs 2023). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,949 profit in 2021 to € 18,368 profit in 2024.
Paid € 18,545 in corporate taxes since 2021.
Best year ever: 2022, with € 30,901 profit.
Management
Behind PR Vastgoedprojects is Raphaël Pattyn. Raphaël Pattyn is also behind P. Properties.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Sasboslaan(Bel) 16
8510 Kortrijk
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.781.296
- VAT number
- BE 0447.781.296
- Registered office
- Sasboslaan(Bel) 16, 8510 Kortrijk
- Names & denominations
- PR Vastgoedprojects
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 1992
- Peppol
- Active · Active since 22 Jun 2026
- Activities · NACE
Handel in eigen onroerend goed
Vermogensbeheer