What does Project Brabo 1 do?

Project Brabo 1 is a civil engineering contractor in Antwerpen. Public Limited, started on 4 August 2009, 1 establishment.

What is the address of Project Brabo 1?

The registered office of Project Brabo 1 is located at Karel Oomsstraat 37, 2018 Antwerpen.

Is Project Brabo 1 still active?

Yes. According to the CBE (29 October 2026) Project Brabo 1 is active, legal situation “Normale toestand”, started on 4 August 2009.

Is Project Brabo 1 registered on Peppol?

Yes, Project Brabo 1 is registered on the Peppol network with ID 0208:0817559352.

What is the enterprise number of Project Brabo 1?

The enterprise number of Project Brabo 1 is BE0817559352.

When was Project Brabo 1 founded?

Project Brabo 1 was founded on 4 August 2009.

Who are the directors of Project Brabo 1?

According to the 2025 annual accounts, the directors of Project Brabo 1 are: Karoy Hornyák, Fréderic Van Hoorebeke, Filip Audenaert, Hanne Akkermans, Ann Schoubs.

Is Project Brabo 1 a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 August 2009; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did Project Brabo 1 make in 2025?

Project Brabo 1 posted a profit after taxes of € 5,419,944 in financial year 2025.

What is the revenue of Project Brabo 1?

In its most recent annual accounts (2025), Project Brabo 1 reported revenue of € 17,955,863.

Project Brabo 1 (Public Limited) - Antwerpen

Dossier Project Brabo 1, printed on 29 October 2026 from databakkes.be/en/0817559352/project-brabo-1. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

56 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Project Brabo 1 from Antwerpen, company number BE0817559352, closed financial year 2025 with a result of € 5.4 million after tax. For that financial year Project Brabo 1 recorded revenue of € 18 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 5.4 million to € 5.4 million. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 9, 2026.

What it is worth Healthy

€ 4.6 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 5.4 million

Profit after tax over the fiscal year.

Cash in the bank

€ 18.5 million

▼ 14% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 5.4 million paid out

100 % of the profit went to the shareholders, mostly to Silvius NV (52 % of the shares). That is where the money ends up.

Debts at end 2025

Bank debt ≈ 23 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 142.3 million

▼ 4% vs 2024

€ 6.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.

Owed to suppliers

€ 457,589

▼ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 17,296,583 Revenue 2022: € 17,296,583 First fiscal year in the series	€ 17,177,786 Revenue 2023: € 17,177,786 ▼ 1% vs 2022 (€ 17,296,583) Unfavourable step	€ 17,197,309 Revenue 2024: € 17,197,309 Unchanged (€ 17,177,786) Favourable step	€ 17,955,863 Revenue 2025: € 17,955,863 ▲ 4% vs 2024 (€ 17,197,309) Favourable step	▲ 4%
Profit after taxes	€ 2,758,234 Profit after taxes 2022: € 2,758,234 First fiscal year in the series	€ 1,159,324 Profit after taxes 2023: € 1,159,324 ▼ 58% vs 2022 (€ 2,758,234) Unfavourable step	€ 5,439,797 Profit after taxes 2024: € 5,439,797 ▲ € 4.3 million vs 2023 (€ 1,159,324) Favourable step	€ 5,419,944 Profit after taxes 2025: € 5,419,944 Unchanged (€ 5,439,797) Unfavourable step
Equity	€ 4,638,599 Equity 2022: € 4,638,599 First fiscal year in the series	€ 4,630,365 Equity 2023: € 4,630,365 Unchanged (€ 4,638,599) Unfavourable step	€ 4,630,365 Equity 2024: € 4,630,365 Unchanged (€ 4,630,365) Unchanged	€ 4,630,365 Equity 2025: € 4,630,365 Unchanged (€ 4,630,365) Unchanged
Total debts	€ 176,352,653 Total debts 2022: € 176,352,653 First fiscal year in the series	€ 169,141,849 Total debts 2023: € 169,141,849 ▼ 4% vs 2022 (€ 176,352,653) Favourable step	€ 161,588,738 Total debts 2024: € 161,588,738 ▼ 4% vs 2023 (€ 169,141,849) Favourable step	€ 156,712,957 Total debts 2025: € 156,712,957 ▼ 3% vs 2024 (€ 161,588,738) Favourable step	▼ 3%
Cash	€ 28,364,128 Cash 2022: € 28,364,128 First fiscal year in the series	€ 21,843,891 Cash 2023: € 21,843,891 ▼ 23% vs 2022 (€ 28,364,128) Unfavourable step	€ 21,458,875 Cash 2024: € 21,458,875 ▼ 2% vs 2023 (€ 21,843,891) Unfavourable step	€ 18,467,996 Cash 2025: € 18,467,996 ▼ 14% vs 2024 (€ 21,458,875) Unfavourable step	▼ 14%
Retained profit	€ 23,244 Retained profit 2022: € 23,244 First fiscal year in the series	€ 15,010 Retained profit 2023: € 15,010 ▼ 35% vs 2022 (€ 23,244) Unfavourable step	€ 15,010 Retained profit 2024: € 15,010 Unchanged (€ 15,010) Unchanged	€ 15,010 Retained profit 2025: € 15,010 Unchanged (€ 15,010) Unchanged
Dividend	€ 2,750,000 Dividend 2022: € 2,750,000 First fiscal year in the series	€ 1,167,558 Dividend 2023: € 1,167,558 ▼ 58% vs 2022 (€ 2,750,000) Unchanged	€ 5,439,797 Dividend 2024: € 5,439,797 ▲ € 4.3 million vs 2023 (€ 1,167,558) Unchanged	€ 5,419,944 Dividend 2025: € 5,419,944 Unchanged (€ 5,439,797) Unchanged
Bank debt	€ 165,470,809 Bank debt 2022: € 165,470,809 First fiscal year in the series	€ 160,176,470 Bank debt 2023: € 160,176,470 ▼ 3% vs 2022 (€ 165,470,809) Favourable step	€ 147,814,240 Bank debt 2024: € 147,814,240 ▼ 8% vs 2023 (€ 160,176,470) Favourable step	€ 142,265,313 Bank debt 2025: € 142,265,313 ▼ 4% vs 2024 (€ 147,814,240) Favourable step	▼ 4%
Balance sheet total	€ 180,991,252 Balance sheet total 2022: € 180,991,252 First fiscal year in the series	€ 173,772,214 Balance sheet total 2023: € 173,772,214 ▼ 4% vs 2022 (€ 180,991,252) Unchanged	€ 166,219,103 Balance sheet total 2024: € 166,219,103 ▼ 4% vs 2023 (€ 173,772,214) Unchanged	€ 161,343,322 Balance sheet total 2025: € 161,343,322 ▼ 3% vs 2024 (€ 166,219,103) Unchanged	▼ 3%

Key figures of Project Brabo 1, 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 Project Brabo 1?

What happened at Project Brabo 1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Filip Audenaert stepped down as director. NBB
2028 Hanne Akkermans stepped down as director. NBB
2027 Fréderic Van Hoorebeke stepped down as director. NBB
Apr 9, 2026 New annual accounts for financial year 2025: profit of € 5.4 million. Source: NBB ↗
2026 Karoy Hornyák stepped down as director. NBB
2026 Ann Schoubs stepped down as director. NBB
2023 Filip Audenaert became a director. NBB
2022 Hanne Akkermans became a director. NBB

In short

From € 2.8 million profit in 2022 to € 5.4 million profit in 2025.

Paid € 4.9 million in corporate taxes since 2022.

Best year ever: 2024, with € 5.4 million profit.

Paid out € 14.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Silvius NV 52%

Beheersmaatschappij Antwerpen Mobiel 24%

Vlaamse Vervoermaatschappij - De Lijn 24%

Project Brabo 1

The shares are held by Silvius NV (52%), Beheersmaatschappij Antwerpen Mobiel (24%) and Vlaamse Vervoermaatschappij - De Lijn (24%).

Directors

According to the 2025 annual accounts

Karoy Hornyák

Director

Also active at: VIA A11

since 2021 · until 2026

Fréderic Van Hoorebeke

Director

Also active at: Lionshulp, CUYTENBERG

since 2021 · until 2027

Filip Audenaert

Director

Also active at: Carenel, Azulatis

since 2023 · until 2029

Hanne Akkermans

Director

Also active at: VIA A11, Sunroof, Alto4, Via R4-Gent

since 2022 · until 2028

Ann Schoubs

Director

since 2021 · until 2026

Shareholders

Silvius NV

52%

Beheersmaatschappij Antwerpen Mobiel

24%

Vlaamse Vervoermaatschappij - De Lijn

24%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Karel Oomsstraat 37

2018 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 56 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0817.559.352
VAT number: BE 0817.559.352
Registered office: Karel Oomsstraat 37, 2018 Antwerpen
Names & denominations: Project Brabo 1 · Brabo 1
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 4 August 2009
Peppol: Active · Active since 19 Sept 2025
Activities · NACE: Bouw van boven- en ondergrondse spoorwegen

View on CBE Public ↗ Annual accounts (NBB) ↗

Project Brabo 1

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Financials

What happened to Project Brabo 1?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions