Financials
Financial year 2025
PROJECT20 from Sint-Niklaas, company number BE0724598710, closed financial year 2025 with a result of € 42,871 after tax. For that financial year PROJECT20 recorded a gross margin of € 53,049 and equity of € 117,828. Compared with financial year 2024, the result moved from € 16,487 to € 42,871. Profitable, and profit is growing. 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.
€ 117,828
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,871
▲ 160% vs 2024
Profit after tax over the fiscal year.
€ 3,767
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 42,871 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 27,165
▼ 32% vs 2024
€ 13,327 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,605
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,851
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,845 | € 46,874 | € 24,608 | € 53,049 | ▲ 116% |
| Profit after taxes | € 32,426 | € 32,392 | € 16,487 | € 42,871 | ▲ 160% |
| Equity | € 68,950 | € 101,341 | € 117,828 | € 117,828 | |
| Total debts | € 36,529 | € 55,453 | € 93,324 | € 127,599 | ▲ 37% |
| Cash | € 31,445 | € 26,300 | € 29,721 | € 3,767 | ▼ 87% |
| Retained profit | € 62,750 | € 95,141 | € 111,628 | € 111,628 | |
| Dividend | € 0 | € 0 | € 0 | € 42,871 | |
| Bank debt | € 0 | € 0 | € 40,000 | € 27,165 | ▼ 32% |
| Balance sheet total | € 105,479 | € 156,794 | € 211,153 | € 245,427 | ▲ 16% |
Key figures of PROJECT20, 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 PROJECT20?
What happened at PROJECT20 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,871 (▲ 160% vs 2024). Source: NBB ↗
- Philippe De Baer became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,426 profit in 2022 to € 42,871 profit in 2025.
Paid € 47,127 in corporate taxes since 2022.
Best year ever: 2025, with € 42,871 profit.
Paid out € 42,871 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PROJECT20 is Philippe De Baer. It owns 50% of BMP Limited itself.
Directors
According to the 2025 annual accounts
Philippe De Baer
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Zonneken 44
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0724.598.710
- VAT number
- BE 0724.598.710
- Registered office
- Zonneken 44, 9100 Sint-Niklaas
- Names & denominations
- PROJECT20
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2019
- Peppol
- Active · Active since 8 May 2025
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