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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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Heritage Projects from Brugge, company number BE0775804119, closed financial year 2025 with a result of € -12,658 after tax. For that financial year Heritage Projects recorded a gross margin of € -3,701 and equity of € 279,566. Compared with financial year 2024, the result moved from € -10,109 to € -12,658. 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 July 10, 2026.
€ 279,566
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,658
▼ 25 % more loss than in 2024
Profit after tax over the fiscal year.
€ 17,219
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -50,434.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 128
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,405 | € -5,649 | € -1,323 | € -3,701 | ▼ € 2,378 |
| Profit after taxes | € -13,728 | € -12,368 | € -10,109 | € -12,658 | ▼ € 2,549 |
| Equity | € 314,700 | € 302,332 | € 292,223 | € 279,566 | ▼ 4% |
| Total debts | € 155,493 | € 159,056 | € 225,558 | € 252,760 | ▲ 12% |
| Cash | € 25,930 | € 5,350 | € 24,792 | € 17,219 | ▼ 31% |
| Retained profit | € -15,300 | € -27,668 | € -37,777 | € -50,434 | ▼ € 12,658 |
| Balance sheet total | € 470,192 | € 461,388 | € 517,781 | € 532,326 | ▲ 3% |
Key figures of Heritage Projects, 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 Heritage Projects?
What happened at Heritage Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,658. Source: NBB ↗
- New establishment in Brugge. KBO
- Frederik Deman became a director. NBB
- IEKO BV became a director. NBB
- Benedict Lantsoght became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 13,728 loss in 2022 to € 12,658 loss in 2025.
Management
The stake of IEKO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Heritage ProjectsBehind Heritage Projects are Frederik Deman, IEKO BV and Benedict Lantsoght. The shares are held by IEKO (33.3%).
Directors
According to the 2025 annual accounts
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Dijver 5 box 102
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0775.804.119
- VAT number
- BE 0775.804.119
- Registered office
- Dijver 5 bus 102, 8000 Brugge
- Names & denominations
- Heritage Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2021
- Peppol
- Active · Active since 30 May 2025
- Contact
- heritageprojects.be
- Activities · NACE
Ontwikkeling van niet-residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van terreinen
Handel in eigen onroerend goed