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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Negative equity NBB
More debt than assets in 3 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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
V-Project from De Panne, company number BE0792884829, closed financial year 2025 with a result of € -12,808 after tax. For that financial year V-Project recorded a gross margin of € -6,556 and equity of € -19,197. Compared with financial year 2024, the result moved from € -3,357 to € -12,808. 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 June 19, 2026.
€ -19,197
▼ € 12,808 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,808
▼ 282 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,818
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,197.
Debts at end 2025
€ 150,000
Loans from banks and other lenders, long and short.
€ 17,543
▲ € 17,034 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -16,229 | € -859 | € -895 | € -6,556 | ▼ € 5,661 |
| Profit after taxes | € -18,129 | € -4,902 | € -3,357 | € -12,808 | ▼ € 9,451 |
| Equity | € 1,871 | € -3,031 | € -6,389 | € -19,197 | ▼ € 12,808 |
| Total debts | € 353,511 | € 355,132 | € 383,549 | € 650,583 | ▲ 70% |
| Cash | € 21,592 | € 18,111 | € 16,462 | € 6,818 | ▼ 59% |
| Retained profit | € -18,129 | € -23,031 | € -26,389 | € -39,197 | ▼ € 12,808 |
| Bank debt | € 200,000 | € 0 | € 0 | € 150,000 | |
| Balance sheet total | € 355,382 | € 352,101 | € 377,160 | € 631,386 | ▲ 67% |
Key figures of V-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 V-Project?
What happened at V-Project in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,808. Source: NBB ↗
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,129 loss in 2022 to € 12,808 loss in 2025.
Management
Behind V-Project are TOMMY VANHOUCKE and JIMMY VANHOUCKE. The same people are also behind VANHOUCKE.
Establishments
Establishment units
Physical locations of this company
Veldstraat 32
8660 De Panne
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
- 0792.884.829
- VAT number
- BE 0792.884.829
- Registered office
- Veldstraat 32, 8660 De Panne
- Names & denominations
- V-Project
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 2022
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Overige zakelijke dienstverlening, neg
Handel in eigen onroerend goed