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 5 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
PROJECT BUSINESS INVESTMENT from Brussel, company number BE0884645542, closed financial year 2025 with a result of € -206,798 after tax. For that financial year PROJECT BUSINESS INVESTMENT recorded a gross margin of € 469,115 and equity of € 474,305. Compared with financial year 2024, the result moved from € 264,028 to € -206,798. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 474,305
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -206,798
▼ still € 264,028 profit in 2024
Profit after tax over the fiscal year.
€ 504
▲ 102% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -254,369.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 78,201
▼ 18% 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.
€ 26,729
▲ € 21,614 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 399,147
▼ 38% vs 2024
€ 35,715 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 44,972
▲ 112% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 378,286
▲ € 358,815 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 178,852 | € 183,527 | € 517,532 | € 469,115 | ▼ 9% |
| Profit after taxes | € 34,748 | € 45,820 | € 264,028 | € -206,798 | ▼ € 470,826 |
| Equity | € 373,370 | € 416,910 | € 680,938 | € 474,305 | ▼ 30% |
| Total debts | € 2,688,800 | € 2,247,336 | € 1,296,553 | € 1,333,403 | ▲ 3% |
| Cash | € 2,094 | € 4,297 | € 250 | € 504 | ▲ 102% |
| Land & buildings | € 1,817,559 | € 1,762,919 | € 1,725,134 | € 1,428,629 | ▼ 17% |
| Retained profit | € -355,304 | € -311,764 | € -47,737 | € -254,369 | ▼ € 206,633 |
| Bank debt | € 1,594,117 | € 730,982 | € 639,268 | € 399,147 | ▼ 38% |
| Balance sheet total | € 3,062,170 | € 2,664,246 | € 1,977,491 | € 1,956,028 | ▼ 1% |
Key figures of PROJECT BUSINESS INVESTMENT, 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 BUSINESS INVESTMENT?
What happened at PROJECT BUSINESS INVESTMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 206,798 (▼ € 470,826 vs 2024). Source: NBB ↗
- Fevzi Gündogdu became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,748 profit in 2022 to € 206,798 loss in 2025.
Paid € 199,851 in corporate taxes since 2022.
Best year ever: 2024, with € 264,028 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 PROJECT BUSINESS INVESTMENT is Fevzi Gündogdu.
Directors
According to the 2025 annual accounts
Fevzi Gündogdu
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Hoekstraat 2
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0884.645.542
- VAT number
- BE 0884.645.542
- Registered office
- Hoekstraat 2, 1000 Brussel
- Names & denominations
- PROJECT BUSINESS INVESTMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2006
- Peppol
- Not registered
- Activities · NACE
Detailhandel in huismeubilair
Detailhandel in meubels
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Detailhandel in huismeubilair in gespecialiseerde winkels
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Algemene bouw van residentiële gebouwen
Schrijnwerk
Handel in eigen onroerend goed
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