Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SB Projects from Ieper, company number BE0819523603, closed financial year 2025 with a result of € -156,485 after tax. For that financial year SB Projects recorded a gross margin of € -37,612 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € -148,566 to € -156,485. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 2.7 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -156,485
▼ 5 % more loss than in 2024
Profit after tax over the fiscal year.
€ 330,841
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.3 million.
People and assets in 2025
€ 294
▼ 94% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 685
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -30,531 | € -59,814 | € -34,596 | € -37,612 | ▼ € 3,016 |
| Profit after taxes | € -509,090 | € -190,909 | € -148,566 | € -156,485 | ▼ € 7,920 |
| Equity | € 3,177,125 | € 2,986,217 | € 2,837,651 | € 2,681,165 | ▼ 6% |
| Total debts | € 710,332 | € 732,760 | € 695,306 | € 676,721 | ▼ 3% |
| Cash | € 297,298 | € 449,155 | € 384,622 | € 330,841 | ▼ 14% |
| Land & buildings | € 2,975,679 | € 2,913,853 | € 2,825,832 | € 2,737,811 | ▼ 3% |
| Retained profit | € 2,832,125 | € 2,641,217 | € 2,492,651 | € 2,336,165 | ▼ 6% |
| Balance sheet total | € 3,887,458 | € 3,718,977 | € 3,532,957 | € 3,357,887 | ▼ 5% |
Key figures of SB 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 SB Projects?
What happened at SB Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 156,485. filed late Source: NBB ↗
- Frieda Derycke became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
- Sarah Bouton became a director. NBB
In short
From € 509,090 loss in 2022 to € 156,485 loss in 2025.
Paid € 9,883 in corporate taxes since 2022.
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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 SB Projects are Frieda Derycke and Sarah Bouton. Sarah Bouton is also behind Autonoom Gemeentebedrijf Sport, Cultuur en Recreatie Ieper.
Directors
According to the 2025 annual accounts
Frieda Derycke
Director
since 2020
since 2009
Establishments
Establishment units
Physical locations of this company
Diksmuidestraat 82
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0819.523.603
- VAT number
- BE 0819.523.603
- Registered office
- Diksmuidestraat 82, 8900 Ieper
- Names & denominations
- SB Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2009
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
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