Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Project-E from Middelkerke, company number BE0742800858, closed financial year 2025 with a result of € -23,808 after tax. For that financial year Project-E recorded a gross margin of € 46,655 and equity of € 58,666. Compared with financial year 2024, the result moved from € -8,253 to € -23,808. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2026.
€ 58,666
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,808
▼ 188 % more loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 53,666.
People and assets in 2025
€ 48,386
▼ 11% vs 2024
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 2025
€ 648,293
▲ 10% vs 2024
€ 14,596 is repaid this year. At this pace the long-term loan is gone in ≈ 43 years.
€ 4,610
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,939
▼ 80% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,992 | € 130,041 | € 81,832 | € 46,655 | ▼ 43% |
| Profit after taxes | € 6,828 | € 26,065 | € -8,253 | € -23,808 | ▼ € 15,555 |
| Equity | € 64,662 | € 90,727 | € 82,474 | € 58,666 | ▼ 29% |
| Total debts | € 564,879 | € 841,656 | € 699,237 | € 726,017 | ▲ 4% |
| Cash | € 48,305 | € 8,930 | € 5,582 | € 0 | ▼ 100% |
| Land & buildings | € 54,074 | € 51,140 | € 48,207 | € 45,274 | ▼ 6% |
| Retained profit | € 59,662 | € 85,727 | € 77,474 | € 53,666 | ▼ 31% |
| Bank debt | € 454,230 | € 619,464 | € 588,870 | € 648,293 | ▲ 10% |
| Balance sheet total | € 629,541 | € 932,383 | € 781,711 | € 784,684 |
Key figures of Project-E, 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-E?
What happened at Project-E in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,808. filed late Source: NBB ↗
- New establishment in Middelkerke. KBO
- Eddy Van Den Broucke became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,828 profit in 2022 to € 23,808 loss in 2025.
Paid € 8,822 in corporate taxes since 2022.
Best year ever: 2023, with € 26,065 profit.
Management
Behind Project-E is Eddy Van Den Broucke. Eddy Van Den Broucke is also behind DARUED and SYQ.
Establishments
Establishment units
Physical locations of this company
Tamariskenlaan 1
8430 Middelkerke
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
- 0742.800.858
- VAT number
- BE 0742.800.858
- Registered office
- Tamariskenlaan 1, 8430 Middelkerke
- Names & denominations
- Project-E
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2020
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige werkzaamheden in verband met de afwerking van gebouwen
Installatie van isolatie
Stukadoorswerk
Algemene bouw van andere niet-residentiële gebouwen
Schrijnwerk
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden
+1