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.
Financials
Financial year 2025
PVDS PROJECT from Dendermonde, company number BE0839463041, closed financial year 2025 with a result of € -6,869 after tax. For that financial year PVDS PROJECT recorded a gross margin of € 4,640 and equity of € 105,662. Compared with financial year 2024, the result moved from € -4,550 to € -6,869. 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 June 29, 2026.
€ 105,662
▼ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,869
▼ 51 % more loss than in 2024
Profit after tax over the fiscal year.
€ 69,507
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 85,202.
People and assets in 2025
€ 19,105
▼ 26% 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.
€ 1,046
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,701
▼ 94% 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 | € 44,810 | € 152,184 | € 4,597 | € 4,640 | ▲ 1% |
| Profit after taxes | € 5,453 | € 91,167 | € -4,550 | € -6,869 | ▼ € 2,319 |
| Equity | € 147,180 | € 214,620 | € 192,793 | € 105,662 | ▼ 45% |
| Total debts | € 45,516 | € 49,099 | € 35,060 | € 3,469 | ▼ 90% |
| Cash | € 55,465 | € 222,633 | € 171,809 | € 69,507 | ▼ 60% |
| Retained profit | € 128,580 | € 194,160 | € 172,333 | € 85,202 | ▼ 51% |
| Dividend | € 0 | € 23,728 | € 17,277 | € 80,262 | ▲ € 62,985 |
| Balance sheet total | € 192,696 | € 263,719 | € 227,853 | € 109,131 | ▼ 52% |
Key figures of PVDS PROJECT, 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 PVDS PROJECT?
What happened at PVDS PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,869. Source: NBB ↗
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,453 profit in 2022 to € 6,869 loss in 2025.
Paid € 42,596 in corporate taxes since 2022.
Best year ever: 2023, with € 91,167 profit.
Paid out € 121,268 in dividends to the owners in total.
Management
Behind PVDS PROJECT are Filip Heirbaut and Peggy Van der Sypt. Filip Heirbaut is also behind Firma De Vlieger Guillaume and IMMO DE VLIEGER.
Directors
According to the 2025 annual accounts
Peggy Van der Sypt
Director
Establishments
Establishment units
Physical locations of this company
Smisstraat(STG) 11
9200 Dendermonde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.463.041
- VAT number
- BE 0839.463.041
- Registered office
- Smisstraat(STG) 11, 9200 Dendermonde
- Names & denominations
- PVDS PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2011
- Peppol
- Active · Active since 17 Dec 2025
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