Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Mestdagh Projects from Kortrijk, company number BE0797956543, closed financial year 2025 with a result of € 77,374 after tax. For that financial year Mestdagh Projects recorded a gross margin of € 110,147 and equity of € 177,176. Compared with financial year 2024, the result moved from € 27,519 to € 77,374. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 177,176
▲ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 77,374
▲ 181% vs 2024
Profit after tax over the fiscal year.
€ 182,639
▲ € 138,697 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 € 174,176.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 25,207
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,267
▼ 45% vs 2024
€ 13,899 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 54
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,898
▲ 84% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 101,522 | € 48,177 | € 110,147 | ▲ 129% |
| Profit after taxes | € 70,916 | € 27,519 | € 77,374 | ▲ 181% |
| Equity | € 73,116 | € 99,801 | € 177,176 | ▲ 78% |
| Total debts | € 66,961 | € 48,043 | € 45,075 | ▼ 6% |
| Cash | € 77,486 | € 43,942 | € 182,639 | ▲ € 138,697 |
| Retained profit | € 70,116 | € 96,801 | € 174,176 | ▲ 80% |
| Dividend | € 800 | € 833 | € 0 | ▼ 100% |
| Bank debt | € 42,532 | € 29,649 | € 16,267 | ▼ 45% |
| Balance sheet total | € 140,077 | € 147,845 | € 222,250 | ▲ 50% |
Key figures of Mestdagh 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 31 July 2027.
What happened to Mestdagh Projects?
What happened at Mestdagh 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 € 77,374 (▲ 181% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,916 profit in 2023 to € 77,374 profit in 2025.
Paid € 46,004 in corporate taxes since 2023.
Best year ever: 2025, with € 77,374 profit.
Paid out € 1,633 in dividends to the owners in total.
A new publication or filing at Mestdagh Projects? We notify you, reason included.
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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 Mestdagh Projects is Tim Mestdagh.
Directors
According to the 2025 annual accounts
Tim Mestdagh
Director
Establishments
Establishment units
Physical locations of this company
Magerstraat(Heu) 46
8501 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0797.956.543
- VAT number
- BE 0797.956.543
- Registered office
- Magerstraat(Heu) 46, 8501 Kortrijk
- Names & denominations
- Mestdagh Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2023
- Peppol
- Not registered
- Activities · NACE
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