Active · per the CBE, 30 October 2026

SOCRATES PROJECTS

BE0871903504

Rechtspersoon Public limited company 1 establishment

SOCRATES PROJECTS is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 15 February 2005, 1 establishment.

Nazarethsesteenweg(HUS) 111, 9770 Kruisem

Active for

21 year, 8 months

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 3 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SOCRATES PROJECTS from Kruisem, company number BE0871903504, closed financial year 2025 with a result of € -3,774 after tax. For that financial year SOCRATES PROJECTS recorded a gross margin of € 81,334 and equity of € 6.9 million. Compared with financial year 2024, the result moved from € 502,539 to € -3,774. 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 April 22, 2026.

What it is worth Healthy

€ 6.9 million

▼ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -3,774

▼ still € 502,539 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,243

▼ 95% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 6.7 million.

People and assets in 2025

Full-time equivalents

0

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 88,023

▼ 29% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 12 years to go

€ 5.1 million

▼ 6% vs 2024

€ 305,280 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 1,130

▼ 80% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 2,209

▼ 98% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 3,586,938 € 1,838,766 € 622,078 € 81,334 ▼ 87%
Profit after taxes € 2,463,340 € 1,619,922 € 502,539 € -3,774 ▼ € 506,313
Equity € 5,379,814 € 6,999,736 € 7,502,275 € 6,898,501 ▼ 8%
Total debts € 8,563,718 € 6,135,014 € 5,532,231 € 5,114,692 ▼ 8%
Cash € 1,557,322 € 36,081 € 84,294 € 4,243 ▼ 95%
Land & buildings € 38,302 € 38,302 € 38,302 € 38,302
Retained profit € 5,133,314 € 6,753,236 € 7,255,775 € 6,652,001 ▼ 8%
Dividend € 0 € 0 € 0 € 600,000
Bank debt € 7,458,785 € 5,664,115 € 5,365,950 € 5,064,373 ▼ 6%
Balance sheet total € 13,943,532 € 13,134,750 € 13,034,506 € 12,013,193 ▼ 8%

Key figures of SOCRATES 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 SOCRATES PROJECTS?

What happened at SOCRATES PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Alain Liebaert stepped down as director. NBB
  • Micheline De Graeve stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 3,774 (▼ € 506,313 vs 2024). Source: NBB ↗
  • Alain Liebaert became a director. NBB
  • Micheline De Graeve became a director. NBB
  • New establishment in Kruisem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 2.5 million profit in 2022 to € 3,774 loss in 2025.

Paid € 1.7 million in corporate taxes since 2022.

Best year ever: 2022, with € 2.5 million profit.

Paid out € 600,000 in dividends to the owners in total.

Management

SOCRATES PROJECTS

It owns 49.7% of Marcel Liebaert NV itself.

Directors

According to the 2025 annual accounts

Alain Liebaert

Managing director

Also active at: MARCEL LIEBAERT, STAMPY

since 2018 · until 2029

Micheline De Graeve

Director

Also active at: MARCEL LIEBAERT

since 2018 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Nazarethsesteenweg(HUS) 111

9770 Kruisem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0871.903.504
VAT number
BE 0871.903.504
Registered office
Nazarethsesteenweg(HUS) 111, 9770 Kruisem
Names & denominations
SOCRATES PROJECTS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
15 February 2005
Peppol
Active · Active since 17 Nov 2025
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Handelsbemiddeling in de groothandel in andere specifieke goederen

Teelt van pit- en steenvruchten

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.

Fruitteelt

+2

Frequently asked questions

What does SOCRATES PROJECTS do?
SOCRATES PROJECTS is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Public Limited, started on 15 February 2005, 1 establishment.
What is the address of SOCRATES PROJECTS?
The registered office of SOCRATES PROJECTS is located at Nazarethsesteenweg(HUS) 111, 9770 Kruisem.
Is SOCRATES PROJECTS still active?
Yes. According to the CBE (30 October 2026) SOCRATES PROJECTS is active, legal situation “Normale toestand”, started on 15 February 2005.
Is SOCRATES PROJECTS registered on Peppol?
Yes, SOCRATES PROJECTS is registered on the Peppol network with ID 0208:0871903504.
What is the enterprise number of SOCRATES PROJECTS?
The enterprise number of SOCRATES PROJECTS is BE0871903504.
When was SOCRATES PROJECTS founded?
SOCRATES PROJECTS was founded on 15 February 2005.