What is the address of FS-Projects?

The registered office of FS-Projects is located at Molenbergstraat(STE) 128, 9190 Stekene.

Is FS-Projects still active?

Yes. According to the CBE (29 October 2026) FS-Projects is active, legal situation “Normale toestand”, started on 3 January 2014.

Is FS-Projects registered on Peppol?

Yes, FS-Projects is registered on the Peppol network with ID 0208:0543759927.

What is the enterprise number of FS-Projects?

The enterprise number of FS-Projects is BE0543759927.

When was FS-Projects founded?

FS-Projects was founded on 3 January 2014.

Who are the directors of FS-Projects?

According to the 2025 annual accounts, the directors of FS-Projects are: Sarah Minnebo, Frank Raes.

Is FS-Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 January 2014; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FS-Projects make in 2025?

FS-Projects posted a profit after taxes of € 47,395 in financial year 2025.

What is the revenue of FS-Projects?

As a small company, FS-Projects is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 145,005.

FS-Projects (Private Limited) - Stekene - BE0543759927

Q: What does FS-Projects do?

FS-Projects is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 3 January 2014, 1 establishment.

Dossier FS-Projects, printed on 29 October 2026 from databakkes.be/en/0543759927/fs-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 25 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

FS-Projects from Stekene, company number BE0543759927, closed financial year 2025 with a result of € 47,395 after tax. For that financial year FS-Projects recorded a gross margin of € 145,005 and equity of € 247,270. Compared with financial year 2024, the result moved from € 52,851 to € 47,395. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.

What it is worth Growing

€ 247,270

▲ 24% vs 2024

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

Profit Healthy

€ 47,395

▼ 10% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,796

▲ 6% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 244,770.

People and assets in 2025

Vehicles and equipment

€ 77,701

▼ 19% vs 2024

Of which on lease € 50,813.

Debts at end 2025

Bank debt ≈ 8 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.

€ 556,778

▼ 11% vs 2024

€ 70,187 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 7,117

▲ 88% vs 2024

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

Taxes and wages

€ 12,537

▼ 3% 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	€ 138,765 Gross margin 2022: € 138,765 First fiscal year in the series	€ 119,110 Gross margin 2023: € 119,110 ▼ 14% vs 2022 (€ 138,765) Unfavourable step	€ 133,241 Gross margin 2024: € 133,241 ▲ 12% vs 2023 (€ 119,110) Favourable step	€ 145,005 Gross margin 2025: € 145,005 ▲ 9% vs 2024 (€ 133,241) Favourable step	▲ 9%
Profit after taxes	€ 71,398 Profit after taxes 2022: € 71,398 First fiscal year in the series	€ 46,774 Profit after taxes 2023: € 46,774 ▼ 34% vs 2022 (€ 71,398) Unfavourable step	€ 52,851 Profit after taxes 2024: € 52,851 ▲ 13% vs 2023 (€ 46,774) Favourable step	€ 47,395 Profit after taxes 2025: € 47,395 ▼ 10% vs 2024 (€ 52,851) Unfavourable step	▼ 10%
Equity	€ 158,761 Equity 2022: € 158,761 First fiscal year in the series	€ 205,536 Equity 2023: € 205,536 ▲ 29% vs 2022 (€ 158,761) Favourable step	€ 199,874 Equity 2024: € 199,874 ▼ 3% vs 2023 (€ 205,536) Unfavourable step	€ 247,270 Equity 2025: € 247,270 ▲ 24% vs 2024 (€ 199,874) Favourable step	▲ 24%
Total debts	€ 753,866 Total debts 2022: € 753,866 First fiscal year in the series	€ 723,239 Total debts 2023: € 723,239 ▼ 4% vs 2022 (€ 753,866) Favourable step	€ 752,551 Total debts 2024: € 752,551 ▲ 4% vs 2023 (€ 723,239) Unfavourable step	€ 664,659 Total debts 2025: € 664,659 ▼ 12% vs 2024 (€ 752,551) Favourable step	▼ 12%
Cash	€ 11,174 Cash 2022: € 11,174 First fiscal year in the series	€ 28,900 Cash 2023: € 28,900 ▲ 159% vs 2022 (€ 11,174) Favourable step	€ 21,593 Cash 2024: € 21,593 ▼ 25% vs 2023 (€ 28,900) Unfavourable step	€ 22,796 Cash 2025: € 22,796 ▲ 6% vs 2024 (€ 21,593) Favourable step	▲ 6%
Land & buildings	€ 858,244 Land & buildings 2022: € 858,244 First fiscal year in the series	€ 832,131 Land & buildings 2023: € 832,131 ▼ 3% vs 2022 (€ 858,244) Unchanged	€ 809,915 Land & buildings 2024: € 809,915 ▼ 3% vs 2023 (€ 832,131) Unchanged	€ 783,529 Land & buildings 2025: € 783,529 ▼ 3% vs 2024 (€ 809,915) Unchanged	▼ 3%
Retained profit	€ 156,261 Retained profit 2022: € 156,261 First fiscal year in the series	€ 203,036 Retained profit 2023: € 203,036 ▲ 30% vs 2022 (€ 156,261) Favourable step	€ 197,374 Retained profit 2024: € 197,374 ▼ 3% vs 2023 (€ 203,036) Unfavourable step	€ 244,770 Retained profit 2025: € 244,770 ▲ 24% vs 2024 (€ 197,374) Favourable step	▲ 24%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 58,512 Dividend 2024: € 58,512 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 58,512) Unchanged	▼ 100%
Bank debt	€ 620,133 Bank debt 2022: € 620,133 First fiscal year in the series	€ 616,273 Bank debt 2023: € 616,273 ▼ 1% vs 2022 (€ 620,133) Favourable step	€ 625,090 Bank debt 2024: € 625,090 ▲ 1% vs 2023 (€ 616,273) Unfavourable step	€ 556,778 Bank debt 2025: € 556,778 ▼ 11% vs 2024 (€ 625,090) Favourable step	▼ 11%
Balance sheet total	€ 912,627 Balance sheet total 2022: € 912,627 First fiscal year in the series	€ 928,774 Balance sheet total 2023: € 928,774 ▲ 2% vs 2022 (€ 912,627) Unchanged	€ 952,425 Balance sheet total 2024: € 952,425 ▲ 3% vs 2023 (€ 928,774) Unchanged	€ 911,929 Balance sheet total 2025: € 911,929 ▼ 4% vs 2024 (€ 952,425) Unchanged	▼ 4%

Key figures of FS-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 FS-Projects?

What happened at FS-Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 30, 2026 New annual accounts for financial year 2025: profit of € 47,395 (▼ 10% vs 2024). Source: NBB ↗
Jan 3, 2014 Start of the company according to the CBE. KBO
Jan 2, 2014 New establishment in Stekene. KBO
2014 Frank Raes became a director. NBB

In short

From € 71,398 profit in 2022 to € 47,395 profit in 2025.

Paid € 79,352 in corporate taxes since 2022.

Best year ever: 2022, with € 71,398 profit.

Paid out € 58,512 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Sarah Minnebo Frank Raes

FS-Projects

Behind FS-Projects are Sarah Minnebo and Frank Raes.

Directors

According to the 2025 annual accounts

Sarah Minnebo

Director

Frank Raes

Director

since 2014

Establishments

Establishment units

Physical locations of this company

Registered office

Molenbergstraat(STE) 128

9190 Stekene

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0543.759.927

VAT number

BE 0543.759.927

Registered office

Molenbergstraat(STE) 128, 9190 Stekene

Names & denominations

FS-Projects

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 January 2014

Peppol

Active · Active since 8 Jul 2025

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Activiteiten van verpleegkundigen en verloskundigen

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Verpleegkundige activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

FS-Projects

Warning lights

Financials

What happened to FS-Projects?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions