Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Project ON from Diest, company number BE0748722709, closed financial year 2025 with a result of € -60,670 after tax. For that financial year Project ON recorded a gross margin of € -15,286 and equity of € -227,536. Compared with financial year 2024, the result moved from € -125,126 to € -60,670. The company made a loss. 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 August 31, 2026.
€ -227,536
▲ € 243,330 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -60,670
▲ 52 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,196
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -561,536.
Debts at end 2025
€ 181,523
▼ 18% vs 2024
€ 14,905 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 46,526
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,631
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -178,070 | € 9,734 | € -78,782 | € -15,286 | ▲ € 63,496 |
| Profit after taxes | € -207,633 | € -38,567 | € -125,126 | € -60,670 | ▲ € 64,457 |
| Equity | € -307,173 | € -345,740 | € -470,867 | € -227,536 | ▲ € 243,330 |
| Total debts | € 430,018 | € 495,104 | € 601,380 | € 306,978 | ▼ 49% |
| Cash | € 292 | € 11,864 | € 48,119 | € 3,196 | ▼ 93% |
| Retained profit | € -337,173 | € -375,740 | € -500,867 | € -561,536 | ▼ € 60,670 |
| Bank debt | € 135,000 | € 192,943 | € 220,818 | € 181,523 | ▼ 18% |
| Balance sheet total | € 122,845 | € 149,364 | € 130,514 | € 79,442 | ▼ 39% |
Key figures of Project ON, 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 ON?
What happened at Project ON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 60,670. filed late Source: NBB ↗
- Cultcrowd BV became a director. NBB
- De Smet & partners BV stepped down as director. NBB
- New establishment in Diest. KBO
- Dekoder BV became a director. NBB
- De Smet & partners BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 207,633 loss in 2022 to € 60,670 loss in 2025.
A new publication or filing at Project ON? We notify you, reason included.
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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
The stake of DEKODER, zendzend comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Project ONBehind Project ON are Dekoder BV and Cultcrowd BV. The shares are held by DEKODER (50%) and zendzend (24%).
Directors
According to the 2025 annual accounts
since 2020
Bestuurder · represented by Anne de Wilde
since 2025
Bestuurder · represented by Birgitta De Smet
since 2020 · until 2025
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Halensebaan 121
3290 Diest
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0748.722.709
- VAT number
- BE 0748.722.709
- Registered office
- Halensebaan 121, 3290 Diest
- Names & denominations
- Project ON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2020
- Peppol
- Active · Active since 2 May 2024
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