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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PDF 2 PROJECT from Waregem, company number BE0742858662, closed financial year 2025 with a result of € -6,238 after tax. For that financial year PDF 2 PROJECT recorded a gross margin of € -5,285 and equity of € 44,425. Compared with financial year 2024, the result moved from € -7,096 to € -6,238. The company made a loss. 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 December 16, 2025.
€ 44,425
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,238
▲ 12 % less loss than in 2024
Profit after tax over the fiscal year.
€ 49,643
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -17,075.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,218
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,553 | € -76 | € -5,848 | € -5,285 | ▲ € 564 |
| Profit after taxes | € -731 | € -583 | € -7,096 | € -6,238 | ▲ € 857 |
| Equity | € 58,343 | € 57,759 | € 50,664 | € 44,425 | ▼ 12% |
| Total debts | € 0 | € 0 | € 5,763 | € 5,218 | ▼ 9% |
| Cash | € 46,716 | € 46,133 | € 56,202 | € 49,643 | ▼ 12% |
| Retained profit | € -3,157 | € -3,741 | € -10,836 | € -17,075 | ▼ € 6,238 |
| Balance sheet total | € 58,343 | € 57,759 | € 56,427 | € 49,643 | ▼ 12% |
Key figures of PDF 2 PROJECT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PDF 2 PROJECT?
What happened at PDF 2 PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,238. Source: NBB ↗
- High 5 Investments BV stepped down as director. NBB
- Davy DEMUYNCK stepped down as director. NBB
- Mark Hillewaere stepped down as director. NBB
- Kristof VANFLETEREN stepped down as director. NBB
- Mark Hillewaere became a director. NBB
- New establishment in Waregem. KBO
- High 5 Investments BV became a director. NBB
In short
From € 731 loss in 2022 to € 6,238 loss in 2025.
Management
The stake of Premier Development Fund 2 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PDF 2 PROJECTThe shares are held by Premier Development Fund 2 (100%).
Directors
According to the 2025 annual accounts
Director · represented by Dirk MERTENS
Also active at: RODEKRUISPLEIN, Nieuw-Land, Nieuw-Construct, Premier Development Fund 2, De Tolhuizen Galgenberg, SDRE INVEST, PDF 2 Construct, PDF 2 Invest +5 more
since 2020 · until 2025
Davy DEMUYNCK
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2020 · until 2025
Mark Hillewaere
Director
Also active at: RODEKRUISPLEIN, Premier Development Fund 2, SDRE INVEST, PDF 2 Construct, PDF 2 Invest, PDF 2 Land, Foncière Diegem, CAPRONNIER INVEST +2 more
since 2024 · until 2025
Kristof VANFLETEREN
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2020 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+68 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.858.662
- VAT number
- BE 0742.858.662
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- PDF 2 PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2020
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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