Financials
Financial year 2025
PILAAR PROJECTS from Izegem, company number BE0776903682, closed financial year 2025 with a result of € 1,423 after tax. For that financial year PILAAR PROJECTS recorded a gross margin of € 14,645 and equity of € 82,773. Compared with financial year 2024, the result moved from € 57,328 to € 1,423. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 82,773
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,423
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 7,925
▲ € 6,343 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 81,573.
People and assets in 2025
€ 38,397
▲ € 36,791 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 527,286
▲ 210% vs 2024
Loans from banks and other lenders, long and short.
€ 35,851
▲ 263% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,309
▼ 88% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 68,026 | € 78,530 | € 14,645 | ▼ 81% |
| Profit after taxes | € 44,514 | € 57,328 | € 1,423 | ▼ 98% |
| Equity | € 44,881 | € 81,351 | € 82,773 | ▲ 2% |
| Total debts | € 227,970 | € 275,731 | € 585,743 | ▲ 112% |
| Cash | € 9,352 | € 1,582 | € 7,925 | ▲ € 6,343 |
| Retained profit | € 43,681 | € 80,151 | € 81,573 | ▲ 2% |
| Dividend | € 833 | € 20,859 | € 0 | ▼ 100% |
| Bank debt | € 170,000 | € 170,000 | € 527,286 | ▲ 210% |
| Balance sheet total | € 272,851 | € 357,082 | € 668,517 | ▲ 87% |
Key figures of PILAAR PROJECTS, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PILAAR PROJECTS?
What happened at PILAAR PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,423 (▼ 98% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,514 profit in 2023 to € 1,423 profit in 2025.
Paid € 23,880 in corporate taxes since 2023.
Best year ever: 2024, with € 57,328 profit.
Paid out € 21,692 in dividends to the owners in total.
Management
Behind PILAAR PROJECTS is Joachim Demeulenaere.
Directors
According to the 2025 annual accounts
Joachim Demeulenaere
Director
Establishments
Establishment units
Physical locations of this company
Slabbaardstraat-Zuid 31
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0776.903.682
- VAT number
- BE 0776.903.682
- Registered office
- Slabbaardstraat-Zuid 31, 8870 Izegem
- Names & denominations
- PILAAR PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2021
- Peppol
- Active · Active since 24 Dec 2025
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