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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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HD Project from Zwevegem, company number BE0777445595, closed financial year 2025 with a result of € 11,924 after tax. For that financial year HD Project recorded a gross margin of € 58,414 and equity of € 91,501. Compared with financial year 2024, the result moved from € 17,677 to € 11,924. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 91,501
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,924
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 45,307
▼ 34% 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 € 81,501.
People and assets in 2025
€ 39,996
▼ 11% vs 2024
Of which on lease € 32,615.
Debts at end 2025
€ 224,529
▼ 11% vs 2024
€ 28,256 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 957
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,507
▼ 37% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 75,094 | € 36,012 | € 62,540 | € 58,414 | ▼ 7% |
| Profit after taxes | € 47,202 | € 4,697 | € 17,677 | € 11,924 | ▼ 33% |
| Equity | € 57,202 | € 61,899 | € 79,577 | € 91,501 | ▲ 15% |
| Total debts | € 316,949 | € 349,657 | € 349,012 | € 308,518 | ▼ 12% |
| Cash | € 11,995 | € 4,838 | € 68,678 | € 45,307 | ▼ 34% |
| Land & buildings | € 299,318 | € 302,574 | € 290,403 | € 280,160 | ▼ 4% |
| Retained profit | € 47,202 | € 51,899 | € 69,577 | € 81,501 | ▲ 17% |
| Bank debt | € 236,416 | € 258,671 | € 251,946 | € 224,529 | ▼ 11% |
| Balance sheet total | € 374,152 | € 411,556 | € 428,588 | € 400,019 | ▼ 7% |
Key figures of HD 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 31 July 2027.
What happened to HD Project?
What happened at HD Project in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,924 (▼ 33% vs 2024). filed late Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
- Dries Hollebecq became a director. NBB
In short
From € 47,202 profit in 2022 to € 11,924 profit in 2025.
Paid € 6,656 in corporate taxes since 2022.
Best year ever: 2022, with € 47,202 profit.
Management
Behind HD Project is Dries Hollebecq.
Directors
According to the 2025 annual accounts
Dries Hollebecq
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Zwevegemstraat(O) 37
8553 Zwevegem
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0777.445.595
- VAT number
- BE 0777.445.595
- Registered office
- Zwevegemstraat(O) 37, 8553 Zwevegem
- Names & denominations
- HD Project
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 2021
- Peppol
- Active · Active since 15 May 2025
- Contact
- hdprojectbv.be 0474 23 73 38
- Activities · NACE
Schrijnwerk