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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PROJECT PATHOEKEWEG BRUGGE from Koksijde, company number BE0560834697, closed financial year 2025 with a result of € 10,120 after tax. For that financial year PROJECT PATHOEKEWEG BRUGGE recorded a gross margin of € -5,080 and equity of € 502,732. Compared with financial year 2024, the result moved from € -1,615 to € 10,120. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 502,732
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,120
▲ still € 1,615 loss in 2024
Profit after tax over the fiscal year.
€ 295,071
▲ 73% 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 € 152,732.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 851
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 | € -3,401 | € -6,509 | € -3,241 | € -5,080 | ▼ € 1,840 |
| Profit after taxes | € -2,910 | € 36,783 | € -1,615 | € 10,120 | ▲ € 11,735 |
| Equity | € 457,443 | € 494,227 | € 492,612 | € 502,732 | ▲ 2% |
| Total debts | € 40,112 | € 3,072 | € 0 | € 851 | |
| Cash | € 3,352 | € 176,370 | € 170,315 | € 295,071 | ▲ 73% |
| Retained profit | € 107,443 | € 144,227 | € 142,612 | € 152,732 | ▲ 7% |
| Balance sheet total | € 497,555 | € 497,299 | € 492,612 | € 503,583 | ▲ 2% |
Key figures of PROJECT PATHOEKEWEG BRUGGE, 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 PROJECT PATHOEKEWEG BRUGGE?
What happened at PROJECT PATHOEKEWEG BRUGGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,120. Source: NBB ↗
- Johan Gitsels became a director. NBB
- Peter Gitsels became a director. NBB
- Katrien Gitsels became a director. NBB
- Veerle Gitsels became a director. NBB
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,910 loss in 2022 to € 10,120 profit in 2025.
Paid € 3,808 in corporate taxes since 2022.
Best year ever: 2023, with € 36,783 profit.
Management
Behind PROJECT PATHOEKEWEG BRUGGE are Johan Gitsels, Peter Gitsels, Katrien Gitsels and Veerle Gitsels. It owns 10.1% of Eagle Fund II BV itself.
Directors
According to the 2025 annual accounts
Johan Gitsels
Director
Also active at: G-TEC, INDUSTRIAL CONSTRUCTIONS & SOLUTIONS, EAGLE FUND II, G-TOR, G-KO
since 2020
Peter Gitsels
Director
since 2020
since 2020
Veerle Gitsels
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Ter Duinenwijk(Odk) 8
8670 Koksijde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0560.834.697
- VAT number
- BE 0560.834.697
- Registered office
- Ter Duinenwijk(Odk) 8, 8670 Koksijde
- Names & denominations
- PROJECT PATHOEKEWEG BRUGGE · PPB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 2014
- Peppol
- Not registered