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 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BYS Projects from Ninove, company number BE0783791474, closed financial year 2025 with a result of € 21,177 after tax. For that financial year BYS Projects recorded a gross margin of € 810,491 and equity of € 16,565. Compared with financial year 2024, the result moved from € -24,939 to € 21,177. Profitable, and profit is growing. The buffer shrank hard: equity is 66 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 16,565
▼ 66% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,177
▲ still € 24,939 loss in 2024
Profit after tax over the fiscal year.
€ 82,470
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 54,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
17.2
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 646,464
▲ 1% vs 2024
€ 37,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 43,325
▼ 28% vs 2024
Of which on lease € 31,914.
Debts at end 2025
€ 537,339
▼ 17% vs 2024
€ 112,727 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 80,960
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,348
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 249,390 | € 728,956 | € 771,353 | € 810,491 | ▲ 5% |
| Profit after taxes | € 43,033 | € 12,927 | € -24,939 | € 21,177 | ▲ € 46,116 |
| Equity | € 62,233 | € 74,328 | € 49,389 | € 16,565 | ▼ 66% |
| Total debts | € 430,108 | € 1,000,481 | € 873,940 | € 835,908 | ▼ 4% |
| Cash | € 124,253 | € 85,341 | € 72,175 | € 82,470 | ▲ 14% |
| Land & buildings | - | € 24,963 | € 24,296 | € 23,629 | ▼ 3% |
| Retained profit | € 42,233 | € 54,328 | € 29,389 | € -3,435 | ▼ € 32,823 |
| Dividend | € 800 | € 833 | € 0 | € 54,000 | |
| Bank debt | € 297,535 | € 750,195 | € 644,844 | € 537,339 | ▼ 17% |
| Balance sheet total | € 492,341 | € 1,074,808 | € 923,329 | € 852,473 | ▼ 8% |
| Employees (FTE) | 8.8 | 18.2 | 18.2 | 17.2 | ▼ 1 |
Key figures of BYS 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 BYS Projects?
What happened at BYS 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 € 21,177. Source: NBB ↗
- New establishment in Aalst. KBO
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,033 profit in 2022 to € 21,177 profit in 2025.
Paid € 2,680 in corporate taxes since 2022.
Best year ever: 2022, with € 43,033 profit.
On average € 47,100 of value added per employee in 2025.
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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
Behind BYS Projects are YENTL MEULEMAN and SHARON D'HAESELEER.
Directors
According to the 2025 annual accounts
YENTL MEULEMAN
Director
SHARON D'HAESELEER
Director
Establishments
Establishment units
Physical locations of this company
Brusselstraat 114
9400 Ninove
Heilig Hartlaan 115
9300 Aalst
Active since 7 March 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0783.791.474
- VAT number
- BE 0783.791.474
- Registered office
- Brusselstraat 114, 9400 Ninove
- Names & denominations
- BYS Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2022
- Peppol
- Active · Active since 5 Oct 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening