Financials
Financial year 2025
E & S Projects from Zwalm, company number BE0838608253, closed financial year 2025 with a result of € -5,912 after tax. For that financial year E & S Projects recorded a gross margin of € 4,324 and equity of € 32,511. Compared with financial year 2024, the result moved from € 22,180 to € -5,912. 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 September 30, 2026.
€ 32,511
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,912
▼ still € 22,180 profit in 2024
Profit after tax over the fiscal year.
€ 10,752
▲ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 20,311.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,518
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,121
▼ 92% vs 2024
Loans from banks and other lenders, long and short.
€ 2,437
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,238
▼ 23% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,141 | € 9,381 | € 41,874 | € 4,324 | ▼ 90% |
| Profit after taxes | € 1,623 | € -1,610 | € 22,180 | € -5,912 | ▼ € 28,092 |
| Equity | € 19,518 | € 17,908 | € 39,255 | € 32,511 | ▼ 17% |
| Total debts | € 122,980 | € 73,770 | € 38,285 | € 21,599 | ▼ 44% |
| Cash | € 597 | € 8,850 | € 5,720 | € 10,752 | ▲ 88% |
| Retained profit | € 7,318 | € 5,708 | € 27,055 | € 20,311 | ▼ 25% |
| Dividend | € 0 | € 0 | € 833 | € 833 | |
| Bank debt | € 40,601 | € 25,838 | € 13,803 | € 1,121 | ▼ 92% |
| Balance sheet total | € 142,498 | € 91,678 | € 77,540 | € 54,110 | ▼ 30% |
Key figures of E & S 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 E & S Projects?
What happened at E & S 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 € 5,912 (▼ € 28,092 vs 2024). filed late Source: NBB ↗
- New establishment in Zwalm. KBO
- Gunter Degueldre became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,623 profit in 2022 to € 5,912 loss in 2025.
Paid € 13,632 in corporate taxes since 2022.
Best year ever: 2024, with € 22,180 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind E & S Projects is Gunter Degueldre.
Directors
According to the 2025 annual accounts
Gunter Degueldre
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Wafelstraat(Munk) 36
9630 Zwalm
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.608.253
- VAT number
- BE 0838.608.253
- Registered office
- Wafelstraat(Munk) 36, 9630 Zwalm
- Names & denominations
- E & S Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 2011
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van verlichtingsapparaten
Installatie van isolatie
Overige bouwinstallatie
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Algemene elektrotechnische installatiewerken
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Overige detailhandel, niet in winkels en exclusief markt- en straathandel
Overige bouwinstallatie, n.e.g.
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