What is the address of PRG PROJECTS?

The registered office of PRG PROJECTS is located at John Cordierlaan 11, 8400 Oostende.

Is PRG PROJECTS still active?

Yes. According to the CBE (31 October 2026) PRG PROJECTS is active, legal situation “Normale toestand”, started on 15 December 1997.

Is PRG PROJECTS registered on Peppol?

Yes, PRG PROJECTS is registered on the Peppol network with ID 0208:0462106218.

What is the enterprise number of PRG PROJECTS?

The enterprise number of PRG PROJECTS is BE0462106218.

When was PRG PROJECTS founded?

PRG PROJECTS was founded on 15 December 1997.

Who are the directors of PRG PROJECTS?

According to the 2025 annual accounts, the directors of PRG PROJECTS are: Gary Boyd, Frederic Opsomer.

Is PRG PROJECTS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 December 1997; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did PRG PROJECTS make in 2025?

PRG PROJECTS recorded a loss after taxes of € 4,718,698 in financial year 2025.

What is the revenue of PRG PROJECTS?

As a small company, PRG PROJECTS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 453,616.

How much does an employee at PRG PROJECTS earn?

The average wage cost per full-time employee at PRG PROJECTS was € 86,000 in 2025: staff costs of € 1.3 million for 15.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PRG PROJECTS have?

According to the 2025 annual accounts, PRG PROJECTS has 15.3 full-time equivalents (FTE).

Does PRG PROJECTS have a website?

Yes, PRG PROJECTS has a website at prg.com.

PRG PROJECTS (Public Limited) - Oostende - BE0462106218

Q: What does PRG PROJECTS do?

PRG PROJECTS is registered with the CBE as active in: Gespecialiseerde beeld-, verlichtings- en geluidstechnieken. Public Limited, started on 15 December 1997, 1 establishment.

Dossier PRG PROJECTS, printed on 31 October 2026 from databakkes.be/en/0462106218/prg-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2022.

Financials

Financial year 2025

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 it is worth Healthy

€ 32.9 million

▼ 13% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -4.7 million

▼ still € 2.6 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 227,828

▲ 19% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 7.3 million.

People and assets in 2025

Full-time equivalents

15.3

▲ 2.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.3 million

▲ 11% vs 2024

€ 86,000 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.

Vehicles and equipment

€ 87,594

▼ 37% vs 2024

Of which on lease € 31,145.

Debts at end 2025

Bank debt ≈ 161 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.8 million

€ 23,060 is repaid this year. At this pace the long-term loan is gone in ≈ 161 years.

Owed to suppliers

€ 5.2 million

▲ 58% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 297,288

▲ 108% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 6,214,809 Gross margin 2022: € 6,214,809 First fiscal year in the series	€ 2,541,779 Gross margin 2023: € 2,541,779 ▼ 59% vs 2022 (€ 6,214,809) Unfavourable step	€ 676,981 Gross margin 2024: € 676,981 ▼ 73% vs 2023 (€ 2,541,779) Unfavourable step	€ 453,616 Gross margin 2025: € 453,616 ▼ 33% vs 2024 (€ 676,981) Unfavourable step	▼ 33%
Profit after taxes	€ 8,223,401 Profit after taxes 2022: € 8,223,401 First fiscal year in the series	€ 1,000,438 Profit after taxes 2023: € 1,000,438 ▼ 88% vs 2022 (€ 8,223,401) Unfavourable step	€ 2,646,756 Profit after taxes 2024: € 2,646,756 ▲ 165% vs 2023 (€ 1,000,438) Favourable step	€ -4,718,698 Profit after taxes 2025: € -4,718,698 ▼ € 7.4 million vs 2024 (€ 2,646,756) Unfavourable step	▼ € 7.4 million
Equity	€ 33,940,286 Equity 2022: € 33,940,286 First fiscal year in the series	€ 34,940,724 Equity 2023: € 34,940,724 ▲ 3% vs 2022 (€ 33,940,286) Favourable step	€ 37,587,479 Equity 2024: € 37,587,479 ▲ 8% vs 2023 (€ 34,940,724) Favourable step	€ 32,868,782 Equity 2025: € 32,868,782 ▼ 13% vs 2024 (€ 37,587,479) Unfavourable step	▼ 13%
Total debts	€ 34,856,539 Total debts 2022: € 34,856,539 First fiscal year in the series	€ 34,746,389 Total debts 2023: € 34,746,389 Unchanged (€ 34,856,539) Favourable step	€ 36,414,504 Total debts 2024: € 36,414,504 ▲ 5% vs 2023 (€ 34,746,389) Unfavourable step	€ 39,955,519 Total debts 2025: € 39,955,519 ▲ 10% vs 2024 (€ 36,414,504) Unfavourable step	▲ 10%
Cash	€ 522,523 Cash 2022: € 522,523 First fiscal year in the series	€ 709,808 Cash 2023: € 709,808 ▲ 36% vs 2022 (€ 522,523) Favourable step	€ 191,237 Cash 2024: € 191,237 ▼ 73% vs 2023 (€ 709,808) Unfavourable step	€ 227,828 Cash 2025: € 227,828 ▲ 19% vs 2024 (€ 191,237) Favourable step	▲ 19%
Land & buildings	€ 530,500 Land & buildings 2022: € 530,500 First fiscal year in the series	€ 602,605 Land & buildings 2023: € 602,605 ▲ 14% vs 2022 (€ 530,500) Unchanged	€ 590,622 Land & buildings 2024: € 590,622 ▼ 2% vs 2023 (€ 602,605) Unchanged	€ 578,639 Land & buildings 2025: € 578,639 ▼ 2% vs 2024 (€ 590,622) Unchanged	▼ 2%
Retained profit	€ 8,343,389 Retained profit 2022: € 8,343,389 First fiscal year in the series	€ 9,343,826 Retained profit 2023: € 9,343,826 ▲ 12% vs 2022 (€ 8,343,389) Favourable step	€ 11,990,582 Retained profit 2024: € 11,990,582 ▲ 28% vs 2023 (€ 9,343,826) Favourable step	€ 7,271,884 Retained profit 2025: € 7,271,884 ▼ 39% vs 2024 (€ 11,990,582) Unfavourable step	▼ 39%
Bank debt	€ 3,848,068 Bank debt 2022: € 3,848,068 First fiscal year in the series	€ 3,829,321 Bank debt 2023: € 3,829,321 Unchanged (€ 3,848,068) Favourable step	€ 3,832,358 Bank debt 2024: € 3,832,358 Unchanged (€ 3,829,321) Unfavourable step	€ 3,822,040 Bank debt 2025: € 3,822,040 Unchanged (€ 3,832,358) Favourable step
Balance sheet total	€ 68,796,826 Balance sheet total 2022: € 68,796,826 First fiscal year in the series	€ 69,687,112 Balance sheet total 2023: € 69,687,112 ▲ 1% vs 2022 (€ 68,796,826) Unchanged	€ 74,001,983 Balance sheet total 2024: € 74,001,983 ▲ 6% vs 2023 (€ 69,687,112) Unchanged	€ 72,824,300 Balance sheet total 2025: € 72,824,300 ▼ 2% vs 2024 (€ 74,001,983) Unchanged	▼ 2%
Employees (FTE)	11.3 Employees (FTE) 2022: 11.3 First fiscal year in the series	12.5 Employees (FTE) 2023: 12.5 ▲ 1.2 vs 2022 (11.3) Unchanged	12.6 Employees (FTE) 2024: 12.6 ▲ 0.1 vs 2023 (12.5) Unchanged	15.3 Employees (FTE) 2025: 15.3 ▲ 2.7 vs 2024 (12.6) Unchanged	▲ 2.7

Key figures of PRG 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 31 July 2027.

What happened to PRG PROJECTS?

What happened at PRG PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Frederic Opsomer stepped down as director. NBB
2028 Gary Boyd stepped down as director. NBB
Jul 1, 2026 New annual accounts for financial year 2025: loss of € 4.7 million (▼ € 7.4 million vs 2024). Source: NBB ↗
2022 Frederic Opsomer became a director. NBB
2022 Gary Boyd became a director. NBB
Jan 28, 1998 New establishment in Oostende. KBO
Dec 15, 1997 Start of the company according to the CBE. KBO

In short

From € 8.2 million profit in 2022 to € 4.7 million loss in 2025.

Paid € 708,421 in corporate taxes since 2022.

Best year ever: 2022, with € 8.2 million profit.

On average € 29,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

PRG PROJECTS

XL Video GmbH 100%

PRG Projects Co. Limited 100%

It owns 100% of XL Video GmbH and 100% of PRG Projects Co. Limited itself.

Directors

According to the 2025 annual accounts

Gary Boyd

Director

Also active at: PRODUCTION RESOURCE GROUP

since 2022 · until 2028

Frederic Opsomer

Director

Also active at: SYSTEM TECHNOLOGIES

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

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

HTTPS prg.com

Canonical: https://www.prg.com/en-gb

About

Technologies

ASP.NETOneTrustSlicklazysizesreCAPTCHA

Hosting & Email

Email provider

Self-hosted

Hosting

MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US

DNS

DNSMadeEasy

Domain

prg.com

Registered

1995-11-25

Registrar

GoDaddy.com, LLC

Expires

2027-11-24

Website info

HTTPS Ja

Languages DE, EN, ES, FR, JA, NL

Features

Webshop Blog Jobs Contact page

Security

✓ HTTPS

✗ SPF

✓ DMARC

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 21 Oct 2026

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

View on CBE Public ↗ Annual accounts (NBB) ↗

PRG PROJECTS

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Financials

What happened to PRG PROJECTS?

Management

Directors

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions