Financials
Financial year 2025
FV PROJECTS from Tielt, company number BE0478716180, closed financial year 2025 with a result of € -74,886 after tax. For that financial year FV PROJECTS recorded a gross margin of € 120,079 and equity of € 2 million. Compared with financial year 2024, the result moved from € 1,088 to € -74,886. 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 April 29, 2026.
€ 2 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -74,886
▼ still € 1,088 profit in 2024
Profit after tax over the fiscal year.
€ 10,838
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 21,331
▲ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 969,012
▼ 6% vs 2024
€ 58,454 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 83,166
▲ 151% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,681
▼ 29% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 545,060 | € 504,779 | € 186,927 | € 120,079 | ▼ 36% |
| Profit after taxes | € 225,949 | € 199,107 | € 1,088 | € -74,886 | ▼ € 75,975 |
| Equity | € 1,982,342 | € 2,181,449 | € 2,182,538 | € 2,037,651 | ▼ 7% |
| Total debts | € 1,451,771 | € 1,234,384 | € 1,136,097 | € 1,088,995 | ▼ 4% |
| Cash | € 101,844 | € 358,503 | € 290,092 | € 10,838 | ▼ 96% |
| Land & buildings | € 2,215,332 | € 2,247,929 | € 2,191,532 | € 2,162,683 | ▼ 1% |
| Retained profit | € 982,342 | € 1,161,929 | € 1,163,017 | € 1,018,131 | ▼ 12% |
| Dividend | € 233,636 | € 0 | € 0 | € 70,000 | |
| Bank debt | € 1,153,727 | € 1,084,181 | € 1,026,487 | € 969,012 | ▼ 6% |
| Balance sheet total | € 3,434,113 | € 3,454,288 | € 3,357,089 | € 3,165,100 | ▼ 6% |
Key figures of FV 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 FV PROJECTS?
What happened at FV PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 74,886 (▼ € 75,975 vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 225,949 profit in 2022 to € 74,886 loss in 2025.
Paid € 243,615 in corporate taxes since 2022.
Best year ever: 2022, with € 225,949 profit.
Paid out € 303,636 in dividends to the owners in total.
Management
Behind FV PROJECTS are Elke Jansen, Aurélie Vuylsteke and Frederik Vuylsteke. It owns 100% of Vuylsteke Construct nv itself.
Directors
According to the 2025 annual accounts
Aurélie Vuylsteke
Director
Frederik Vuylsteke
Managing director
Establishments
Establishment units
Physical locations of this company
Gaversdreef 19
8760 Tielt
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
- 0478.716.180
- VAT number
- BE 0478.716.180
- Registered office
- Gaversdreef 19, 8760 Tielt
- Names & denominations
- FV PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2002
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Projectontwikkeling voor woningbouw
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Activiteiten van hoofdkantoren