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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
PROJECT I from Wevelgem, company number BE0873987123, closed financial year 2025 with a result of € -16,132 after tax. For that financial year PROJECT I recorded a gross margin of € 13,124 and equity of € 107,228. Compared with financial year 2024, the result moved from € -35,466 to € -16,132. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2026.
€ 107,228
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,132
▲ 55 % less loss than in 2024
Profit after tax over the fiscal year.
€ 8,563
▲ 188% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -592,772.
Debts at end 2025
€ 917,150
Loans from banks and other lenders, long and short.
€ 5,858
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,842 | € 84,761 | € 3,205 | € 13,124 | ▲ € 9,919 |
| Profit after taxes | € -36,546 | € 54,170 | € -35,466 | € -16,132 | ▲ € 19,334 |
| Equity | € 104,656 | € 158,826 | € 123,360 | € 107,228 | ▼ 13% |
| Total debts | € 1,764,615 | € 1,255,504 | € 1,419,319 | € 1,441,583 | ▲ 2% |
| Cash | € 85 | € 412 | € 2,969 | € 8,563 | ▲ 188% |
| Retained profit | € -595,344 | € -541,174 | € -576,640 | € -592,772 | ▼ € 16,132 |
| Bank debt | € 1,314,400 | € 786,650 | € 917,150 | € 917,150 | |
| Balance sheet total | € 1,869,270 | € 1,414,331 | € 1,542,679 | € 1,548,811 |
Key figures of PROJECT I, 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 I?
What happened at PROJECT I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,132. filed late Source: NBB ↗
- Liliane Langedock became a director. NBB
- Dick Sabbe became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,546 loss in 2022 to € 16,132 loss in 2025.
Best year ever: 2023, with € 54,170 profit.
Management
Behind PROJECT I are Liliane Langedock and Dick Sabbe. Dick Sabbe is also behind PIROUETTE and CALOSA.
Establishments
Establishment units
Physical locations of this company
Kapellestraat 120 box 1
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0873.987.123
- VAT number
- BE 0873.987.123
- Registered office
- Kapellestraat 120 bus 1, 8560 Wevelgem
- Names & denominations
- PROJECT I
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2005
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
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