Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
- Figures corrected afterwards (2022).
Gross margin
€ 453,616
▼ 33% vs 2024
Profit
Caution€ -4.7 million
▼ 278% vs 2024
Debts
Low€ 40 million
▲ 10% vs 2024
PRG PROJECTS from Oostende, company number BE0462106218, closed financial year 2025 with a result of € -4.7 million after tax. For that financial year PRG PROJECTS recorded a gross margin of € 453,616 and equity of € 32.9 million. Compared with financial year 2024, the result moved from € 2.6 million to € -4.7 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
What happened at PRG PROJECTS?
What happened at PRG PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frederic Opsomer stepped down as director. NBB
- Gary Boyd stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4.7 million (▼ 278% vs 2024). Source: NBB ↗
- Frederic Opsomer became a director. NBB
- Gary Boyd became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.2 million profit in 2021 to € 4.7 million loss in 2025.
Paid € 709,255 in corporate taxes since 2021.
Best year ever: 2022, with € 8.2 million profit.
On average € 29,600 of value added per employee in 2025.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
It owns 100% of XL Video GmbH and 100% of PRG Projects Co. Limited itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
John Cordierlaan 11
8400 Oostende
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
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
DNS
DNSMadeEasy
Domain
Domain
prg.com
Registered
1995-11-25
Registrar
GoDaddy.com, LLC
Expires
2027-11-24
Website info
Features
Security
Details
- Company number
- 0462.106.218
- VAT number
- BE 0462.106.218
- Registered office
- John Cordierlaan 11, 8400 Oostende
- Names & denominations
- PRG PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1997
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- prg.com
- Activities · NACE
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
Verhuur van televisietoestellen en andere audio- en videoapparatuur
Activiteiten van holdings
Verhuur en lease van televisietoestellen en andere audio- en videoapparatuur
Holdings