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 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PEOPLES PROJECTS from Lievegem, company number BE0448632423, closed financial year 2025 with a result of € 1,981 after tax. For that financial year PEOPLES PROJECTS recorded a gross margin of € 179,568 and equity of € 321,742. Compared with financial year 2024, the result moved from € 4,062 to € 1,981. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 14, 2026.
€ 321,742
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,981
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 14,978
▼ 58% 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 € 56,742.
People and assets in 2025
1.9
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 90,066
▲ 14% vs 2024
€ 47,400 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,485
▲ € 6,008 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,662
▲ € 9,070 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 141,177 | € 191,922 | € 168,439 | € 179,568 | ▲ 7% |
| Profit after taxes | € 42,038 | € 299 | € 4,062 | € 1,981 | ▼ 51% |
| Equity | € 413,517 | € 315,699 | € 319,761 | € 321,742 | ▲ 1% |
| Total debts | € 2,198,034 | € 3,994,945 | € 3,407,354 | € 3,436,224 | ▲ 1% |
| Cash | € 496,333 | € 123,148 | € 35,825 | € 14,978 | ▼ 58% |
| Retained profit | € 333,517 | € 50,699 | € 54,761 | € 56,742 | ▲ 4% |
| Bank debt | € 120,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,611,551 | € 4,310,644 | € 3,727,115 | € 3,757,966 | ▲ 1% |
| Employees (FTE) | 3.5 | 1.7 | 1.6 | 1.9 | ▲ 0.3 |
Key figures of PEOPLES 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 30 April 2027.
What happened to PEOPLES PROJECTS?
What happened at PEOPLES PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NICOLE DIAS stepped down as director. NBB
- KYRLYN VAN HOOTEGEM stepped down as director. NBB
- JOAKIM VAN HOOTEGEM stepped down as director. NBB
- FREDDY BASSENS stepped down as director. NBB
- PIET VAN HOOTEGEM stepped down as director. NBB
- EDWARD MADELEYN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1,981 (▼ 51% vs 2024). Source: NBB ↗
- FREDDY BASSENS became a director. NBB
In short
From € 42,038 profit in 2022 to € 1,981 profit in 2025.
Paid € 34,084 in corporate taxes since 2022.
Best year ever: 2022, with € 42,038 profit.
On average € 94,500 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
KYRLYN VAN HOOTEGEM
Director
since 2021 · until 2033
PIET VAN HOOTEGEM
Director
since 2021 · until 2027
NICOLE DIAS
Managing director
since 2021 · until 2033
EDWARD MADELEYN
Director
since 2021 · until 2027
JOAKIM VAN HOOTEGEM
Director
since 2021 · until 2033
FREDDY BASSENS
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Beke 20
9950 Lievegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0448.632.423
- VAT number
- BE 0448.632.423
- Registered office
- Beke 20, 9950 Lievegem
- Names & denominations
- PEOPLES PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1992
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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