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 22 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
GS PROJECT from Sint-Martens-Latem, company number BE0846907493, closed financial year 2026 with a result of € 4,378 after tax. For that financial year GS PROJECT recorded a gross margin of € 29,080 and equity of € 104,148. Compared with financial year 2025, the result moved from € 186 to € 4,378. 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 October 26, 2026.
€ 104,148
▲ 4% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,378
▲ € 4,192 vs 2025
Profit after tax over the fiscal year.
€ 98,401
▲ 46% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 14,148.
Debts at end 2026
€ 165,000
Loans from banks and other lenders, long and short.
€ 595
▼ 97% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 8,280
▲ € 6,298 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 36,043 | € 58,494 | € 28,750 | € 29,080 | ▲ 1% |
| Profit after taxes | € 35,267 | € 4,584 | € 186 | € 4,378 | ▲ € 4,192 |
| Equity | € 94,999 | € 99,583 | € 99,770 | € 104,148 | ▲ 4% |
| Total debts | € 727,935 | € 796,526 | € 740,609 | € 730,434 | ▼ 1% |
| Cash | € 44,041 | € 91,462 | € 67,295 | € 98,401 | ▲ 46% |
| Land & buildings | - | € 707,977 | € 725,325 | € 712,126 | ▼ 2% |
| Retained profit | € 4,999 | € 9,583 | € 9,770 | € 14,148 | ▲ 45% |
| Bank debt | € 165,000 | € 165,000 | € 165,000 | € 165,000 | |
| Balance sheet total | € 822,934 | € 896,110 | € 840,378 | € 834,582 | ▼ 1% |
Key figures of GS PROJECT, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to GS PROJECT?
What happened at GS PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 4,378 (▲ € 4,192 vs 2025). Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,267 profit in 2023 to € 4,378 profit in 2026.
Paid € 1,561 in corporate taxes since 2023.
Best year ever: 2023, with € 35,267 profit.
Management
Behind GS PROJECT is Paul Van Coillie. Paul Van Coillie is also behind Van Coillie P. & G..
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Molenhoekstraat 14
9831 Sint-Martens-Latem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0846.907.493
- VAT number
- BE 0846.907.493
- Registered office
- Molenhoekstraat 14, 9831 Sint-Martens-Latem
- Names & denominations
- GS PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2012
- Peppol
- Active · Active since 29 Jul 2025
- Activities · NACE
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