Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GS PROJECT from Sint-Martens-Latem, company number BE0846907493, closed financial year 2025 with a result of € 186 after tax. For that financial year GS PROJECT recorded a gross margin of € 28,750 and equity of € 99,770. Compared with financial year 2024, the result moved from € 4,584 to € 186. The company is profitable. 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 December 5, 2025.
€ 99,770
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 186
▼ 96% vs 2024
Profit after tax over the fiscal year.
€ 67,295
▼ 26% 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 € 9,770.
Debts at end 2025
€ 165,000
Loans from banks and other lenders, long and short.
€ 17,067
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,981
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,207 | € 36,043 | € 58,494 | € 28,750 | ▼ 51% |
| Profit after taxes | € 58,109 | € 35,267 | € 4,584 | € 186 | ▼ 96% |
| Equity | € 59,732 | € 94,999 | € 99,583 | € 99,770 | |
| Total debts | € 605,452 | € 727,935 | € 796,526 | € 740,609 | ▼ 7% |
| Cash | € 96,694 | € 44,041 | € 91,462 | € 67,295 | ▼ 26% |
| Land & buildings | - | - | € 707,977 | € 725,325 | ▲ 2% |
| Retained profit | € -30,268 | € 4,999 | € 9,583 | € 9,770 | ▲ 2% |
| Bank debt | € 165,000 | € 165,000 | € 165,000 | € 165,000 | |
| Balance sheet total | € 665,185 | € 822,934 | € 896,110 | € 840,378 | ▼ 6% |
Key figures of GS 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 October 2026.
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 2025: profit of € 186 (▼ 96% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,109 profit in 2022 to € 186 profit in 2025.
Paid € 226 in corporate taxes since 2022.
Best year ever: 2022, with € 58,109 profit.
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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 GS PROJECT is Paul Van Coillie. Paul Van Coillie is also behind Van Coillie P. & G..
Directors
According to the 2025 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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