What does Project Safety Management do?

Project Safety Management is an engineering firm in Herentals. Private Limited, started on 10 July 2006, 2 establishments.

What is the address of Project Safety Management?

The registered office of Project Safety Management is located at St.-Janneke(HRT) 2, 2200 Herentals.

Is Project Safety Management still active?

Yes. According to the CBE (30 October 2026) Project Safety Management is active, legal situation “Normale toestand”, started on 10 July 2006.

Is Project Safety Management registered on Peppol?

Yes, Project Safety Management is registered on the Peppol network with ID 0208:0882440276.

What is the enterprise number of Project Safety Management?

The enterprise number of Project Safety Management is BE0882440276.

When was Project Safety Management founded?

Project Safety Management was founded on 10 July 2006.

Who are the directors of Project Safety Management?

According to the 2025 annual accounts, the directors of Project Safety Management are: Ivo Oosterlynck, Frank Van Craenenbroek.

Is Project Safety Management a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 July 2006; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did Project Safety Management make in 2025?

Project Safety Management posted a profit after taxes of € 139,260 in financial year 2025.

What is the revenue of Project Safety Management?

As a small company, Project Safety Management is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 649,710.

Project Safety Management (Private Limited) - Herentals

Dossier Project Safety Management, printed on 30 October 2026 from databakkes.be/en/0882440276/project-safety-management. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Project Safety Management from Herentals, company number BE0882440276, closed financial year 2025 with a result of € 139,260 after tax. For that financial year Project Safety Management recorded a gross margin of € 649,710 and equity of € 90,444. Compared with financial year 2024, the result moved from € 33,741 to € 139,260. 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 May 15, 2026.

What it is worth Growing

€ 90,444

▲ € 139,260 vs 2024

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

Profit Growing

€ 139,260

▲ € 105,519 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 189,412

▲ 70% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 16,044.

People and assets in 2025

Wage cost

€ 427,696

▲ 179% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 14,373

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 248,131

▼ 10% vs 2024

€ 142,471 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 542,048

▲ 73% vs 2024

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

Taxes and wages

€ 148,539

▲ 221% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 16,719 Gross margin 2022: € 16,719 First fiscal year in the series	€ -87,925 Gross margin 2023: € -87,925 ▼ € 104,644 vs 2022 (€ 16,719) Unfavourable step	€ 206,601 Gross margin 2024: € 206,601 ▲ € 294,526 vs 2023 (€ -87,925) Favourable step	€ 649,710 Gross margin 2025: € 649,710 ▲ 214% vs 2024 (€ 206,601) Favourable step	▲ 214%
Profit after taxes	€ -39,714 Profit after taxes 2022: € -39,714 First fiscal year in the series	€ -119,786 Profit after taxes 2023: € -119,786 ▼ € 80,072 vs 2022 (€ -39,714) Unfavourable step	€ 33,741 Profit after taxes 2024: € 33,741 ▲ € 153,527 vs 2023 (€ -119,786) Favourable step	€ 139,260 Profit after taxes 2025: € 139,260 ▲ € 105,519 vs 2024 (€ 33,741) Favourable step	▲ € 105,519
Equity	€ 34,829 Equity 2022: € 34,829 First fiscal year in the series	€ -82,556 Equity 2023: € -82,556 ▼ € 117,386 vs 2022 (€ 34,829) Unfavourable step	€ -48,815 Equity 2024: € -48,815 ▲ € 33,741 vs 2023 (€ -82,556) Favourable step	€ 90,444 Equity 2025: € 90,444 ▲ € 139,260 vs 2024 (€ -48,815) Favourable step	▲ € 139,260
Total debts	€ 49,107 Total debts 2022: € 49,107 First fiscal year in the series	€ 522,531 Total debts 2023: € 522,531 ▲ € 473,424 vs 2022 (€ 49,107) Unfavourable step	€ 645,466 Total debts 2024: € 645,466 ▲ 24% vs 2023 (€ 522,531) Unfavourable step	€ 953,667 Total debts 2025: € 953,667 ▲ 48% vs 2024 (€ 645,466) Unfavourable step	▲ 48%
Cash	€ 34,756 Cash 2022: € 34,756 First fiscal year in the series	€ 64,033 Cash 2023: € 64,033 ▲ 84% vs 2022 (€ 34,756) Favourable step	€ 111,645 Cash 2024: € 111,645 ▲ 74% vs 2023 (€ 64,033) Favourable step	€ 189,412 Cash 2025: € 189,412 ▲ 70% vs 2024 (€ 111,645) Favourable step	▲ 70%
Retained profit	€ -37,171 Retained profit 2022: € -37,171 First fiscal year in the series	€ -156,956 Retained profit 2023: € -156,956 ▼ € 119,786 vs 2022 (€ -37,171) Unfavourable step	€ -123,215 Retained profit 2024: € -123,215 ▲ € 33,741 vs 2023 (€ -156,956) Favourable step	€ 16,044 Retained profit 2025: € 16,044 ▲ € 139,260 vs 2024 (€ -123,215) Favourable step	▲ € 139,260
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 100,000 Bank debt 2023: € 100,000 Unchanged (€ 0) Unfavourable step	€ 275,798 Bank debt 2024: € 275,798 ▲ 176% vs 2023 (€ 100,000) Unfavourable step	€ 248,131 Bank debt 2025: € 248,131 ▼ 10% vs 2024 (€ 275,798) Favourable step	▼ 10%
Balance sheet total	€ 83,937 Balance sheet total 2022: € 83,937 First fiscal year in the series	€ 439,975 Balance sheet total 2023: € 439,975 ▲ € 356,038 vs 2022 (€ 83,937) Unchanged	€ 596,651 Balance sheet total 2024: € 596,651 ▲ 36% vs 2023 (€ 439,975) Unchanged	€ 1,044,111 Balance sheet total 2025: € 1,044,111 ▲ 75% vs 2024 (€ 596,651) Unchanged	▲ 75%

Key figures of Project Safety Management, 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 Safety Management?

What happened at Project Safety Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

May 15, 2026 New annual accounts for financial year 2025: profit of € 139,260 (▲ € 105,519 vs 2024). Source: NBB ↗
Jan 1, 2026 New establishment in Assenede. KBO
2023 Frank Van Craenenbroek became a director. NBB
2019 Ivo Oosterlynck became a director. NBB
Jul 10, 2006 New establishment in Herentals. KBO
Jul 10, 2006 Start of the company according to the CBE. KBO

In short

From € 39,714 loss in 2022 to € 139,260 profit in 2025.

Paid € 14,753 in corporate taxes since 2022.

Best year ever: 2025, with € 139,260 profit.

Original PDFs at the National Bank ↗

Management

3 Van Craenenbroek Services 100%

AUTOMATION CONTROL 50%

SEnC 12.5%

The stake of 3 Van Craenenbroek Services, AUTOMATION CONTROL, SEnC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Project Safety Management

Behind Project Safety Management are Ivo Oosterlynck and Frank Van Craenenbroek. The shares are held by 3 Van Craenenbroek Services (100%), AUTOMATION CONTROL (50%) and SEnC (12.5%).

Directors

According to the 2025 annual accounts

Ivo Oosterlynck

Director

since 2019

Frank Van Craenenbroek

Director

Also active at: 3 Van Craenenbroek Services

since 2023

Shareholders

3 Van Craenenbroek Services

100%

AUTOMATION CONTROL

50%

SEnC

12.5%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

St.-Janneke(HRT) 2

2200 Herentals

2.386.166.643

Paul Christiaenstraat 7

9960 Assenede

Active since 1 January 2026

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0882.440.276

VAT number

BE 0882.440.276

Registered office

St.-Janneke(HRT) 2, 2200 Herentals

Names & denominations

Project Safety Management · PSM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 July 2006

Peppol

Active · Active since 24 Nov 2023

Contact

[email protected]

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View on CBE Public ↗ Annual accounts (NBB) ↗