Warning lights
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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Jelani Projects from Oostende, company number BE0669586149, closed financial year 2026 with a result of € 9,691 after tax. For that financial year Jelani Projects recorded a gross margin of € 299,690 and equity of € -110,140. Compared with financial year 2025, the result moved from € -24,396 to € 9,691. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2026.
€ -110,140
▲ € 9,691 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,691
▲ still € 24,396 loss in 2025
Profit after tax over the fiscal year.
€ 63,716
▲ 6% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -128,740.
People and assets in 2026
€ 252,851
▲ 49% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
€ 69,694
▼ 22% vs 2025
€ 47,752 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 96,951
▲ 4% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 49,049
▼ 22% vs 2025
Taxes, VAT and social contributions still to pay.
| 2022 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 207,162 | € 155,616 | € 186,070 | € 299,690 | ▲ 61% |
| Profit after taxes | € 11,456 | € -117,531 | € -24,396 | € 9,691 | ▲ € 34,087 |
| Equity | € 22,096 | € -95,435 | € -119,831 | € -110,140 | ▲ € 9,691 |
| Total debts | € 236,389 | € 328,243 | € 328,991 | € 307,881 | ▼ 6% |
| Cash | € 113,153 | € 79,966 | € 59,883 | € 63,716 | ▲ 6% |
| Retained profit | € 3,496 | € -114,035 | € -138,431 | € -128,740 | ▲ € 9,691 |
| Bank debt | € 53,696 | € 98,808 | € 89,500 | € 69,694 | ▼ 22% |
| Balance sheet total | € 258,485 | € 232,809 | € 209,160 | € 197,741 | ▼ 5% |
Key figures of Jelani Projects, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Jelani Projects?
What happened at Jelani Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 9,691. Source: NBB ↗
- New establishment in Oostende. KBO
- New establishment in Oostende. KBO
- Patrick Mukabucyana became a director. NBB
- Tania Sanctorum became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,456 profit in 2022 to € 9,691 profit in 2026.
Best year ever: 2022, with € 11,456 profit.
Management
Behind Jelani Projects are Patrick Mukabucyana and Tania Sanctorum.
Directors
According to the 2026 annual accounts
Patrick Mukabucyana
Director
since 2017
Tania Sanctorum
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Marie-Joséplein 6
8400 Oostende
Graaf de Smet de Naeyerlaan 70 box 1ste
8400 Oostende
Active since 1 October 2021
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
- 0669.586.149
- VAT number
- BE 0669.586.149
- Registered office
- Marie-Joséplein 6, 8400 Oostende
- Names & denominations
- Jelani Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2017
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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