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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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Project Materials from Huldenberg, company number BE0839306257, closed financial year 2025 with a result of € 19,265 after tax. For that financial year Project Materials recorded a gross margin of € 77,504 and equity of € 179,952. Compared with financial year 2024, the result moved from € 13,859 to € 19,265. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 179,952
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,265
▲ 39% vs 2024
Profit after tax over the fiscal year.
€ 3,373
▲ € 2,951 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 € 173,752.
People and assets in 2025
€ 15,878
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 997,150
▼ 4% vs 2024
€ 4,224 is repaid this year. At this pace the long-term loan is gone in ≈ 236 years.
€ 11,144
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,144
▲ 9% 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 | € -15,087 | € 308,235 | € 63,200 | € 77,504 | ▲ 23% |
| Profit after taxes | € -43,629 | € 229,880 | € 13,859 | € 19,265 | ▲ 39% |
| Equity | € 15,077 | € 146,828 | € 160,687 | € 179,952 | ▲ 12% |
| Total debts | € 1,278,667 | € 1,222,065 | € 1,238,198 | € 1,203,968 | ▼ 3% |
| Cash | € 12,911 | € 18,114 | € 421 | € 3,373 | ▲ € 2,951 |
| Retained profit | € 8,877 | € 140,628 | € 154,487 | € 173,752 | ▲ 12% |
| Dividend | € 0 | € 98,129 | € 0 | € 0 | |
| Bank debt | € 138,928 | € 150,915 | € 1,041,856 | € 997,150 | ▼ 4% |
| Balance sheet total | € 1,293,744 | € 1,368,893 | € 1,398,885 | € 1,383,920 | ▼ 1% |
Key figures of Project Materials, 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 Materials?
What happened at Project Materials in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,265 (▲ 39% vs 2024). Source: NBB ↗
- New establishment in Huldenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,629 loss in 2022 to € 19,265 profit in 2025.
Paid € 62,895 in corporate taxes since 2022.
Best year ever: 2023, with € 229,880 profit.
Paid out € 98,129 in dividends to the owners in total.
Management
Behind Project Materials is Benny Vanpée. It owns 100% of Covering Concept, 55% of Tegel Concept and 31.8% of Eigen Huisje itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Onderbosstraat(SAR) 27
3040 Huldenberg
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0839.306.257
- VAT number
- BE 0839.306.257
- Registered office
- Onderbosstraat(SAR) 27, 3040 Huldenberg
- Names & denominations
- Project Materials
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2011
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- 02/688.10.41
- Activities · NACE
Activiteiten van holdings
Holdings
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