What does ESP-Projects do?

ESP-Projects is an electrical contractor in Middelkerke. Private Limited, started on 17 September 2007, 1 establishment.

What is the address of ESP-Projects?

The registered office of ESP-Projects is located at Nieuwpoortlaan 75, 8434 Middelkerke.

Is ESP-Projects still active?

Yes. According to the CBE (29 October 2026) ESP-Projects is active, legal situation “Normale toestand”, started on 17 September 2007.

Is ESP-Projects registered on Peppol?

Yes, ESP-Projects is registered on the Peppol network with ID 0208:0892076930.

What is the enterprise number of ESP-Projects?

The enterprise number of ESP-Projects is BE0892076930.

When was ESP-Projects founded?

ESP-Projects was founded on 17 September 2007.

Who are the directors of ESP-Projects?

According to the 2025 annual accounts, the directors of ESP-Projects are: PMA Tech BV.

Is ESP-Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 September 2007; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ESP-Projects make in 2025?

ESP-Projects posted a profit after taxes of € 3,138 in financial year 2025.

What is the revenue of ESP-Projects?

As a small company, ESP-Projects is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,083,487.

How much does an employee at ESP-Projects earn?

The average wage cost per full-time employee at ESP-Projects was € 69,300 in 2025: staff costs of € 1 million for 14.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ESP-Projects have?

According to the 2025 annual accounts, ESP-Projects has 14.8 full-time equivalents (FTE).

ESP-Projects (Private Limited) - Middelkerke

Dossier ESP-Projects, printed on 29 October 2026 from databakkes.be/en/0892076930/esp-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ESP-Projects from Middelkerke, company number BE0892076930, closed financial year 2025 with a result of € 3,138 after tax. For that financial year ESP-Projects recorded a gross margin of € 1.1 million and equity of € 240,859. Compared with financial year 2024, the result moved from € 40,367 to € 3,138. The company is profitable. The buffer shrank hard: equity is 52 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.

What it is worth Shrank hard

€ 240,859

▼ 52% vs 2024

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

Profit Healthy

€ 3,138

▼ 92% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 137,687

▲ 22% vs 2024

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

Where the profit goes Pays out

€ 265,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

14.8

▼ 1.1 vs 2024

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

Wage cost

€ 1 million

▼ 6% vs 2024

€ 69,300 per full-time equivalent. 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

€ 4,731

▼ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 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.

€ 511,286

▲ 131% vs 2024

€ 57,825 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 264,307

▼ 33% vs 2024

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

Taxes and wages

€ 96,593

▲ 36% 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	€ 1,243,144 Gross margin 2022: € 1,243,144 First fiscal year in the series	€ 1,118,398 Gross margin 2023: € 1,118,398 ▼ 10% vs 2022 (€ 1,243,144) Unfavourable step	€ 1,193,582 Gross margin 2024: € 1,193,582 ▲ 7% vs 2023 (€ 1,118,398) Favourable step	€ 1,083,487 Gross margin 2025: € 1,083,487 ▼ 9% vs 2024 (€ 1,193,582) Unfavourable step	▼ 9%
Profit after taxes	€ 120,625 Profit after taxes 2022: € 120,625 First fiscal year in the series	€ 55,385 Profit after taxes 2023: € 55,385 ▼ 54% vs 2022 (€ 120,625) Unfavourable step	€ 40,367 Profit after taxes 2024: € 40,367 ▼ 27% vs 2023 (€ 55,385) Unfavourable step	€ 3,138 Profit after taxes 2025: € 3,138 ▼ 92% vs 2024 (€ 40,367) Unfavourable step	▼ 92%
Equity	€ 406,969 Equity 2022: € 406,969 First fiscal year in the series	€ 462,354 Equity 2023: € 462,354 ▲ 14% vs 2022 (€ 406,969) Favourable step	€ 502,720 Equity 2024: € 502,720 ▲ 9% vs 2023 (€ 462,354) Favourable step	€ 240,859 Equity 2025: € 240,859 ▼ 52% vs 2024 (€ 502,720) Unfavourable step	▼ 52%
Total debts	€ 1,017,211 Total debts 2022: € 1,017,211 First fiscal year in the series	€ 898,680 Total debts 2023: € 898,680 ▼ 12% vs 2022 (€ 1,017,211) Favourable step	€ 868,485 Total debts 2024: € 868,485 ▼ 3% vs 2023 (€ 898,680) Favourable step	€ 970,495 Total debts 2025: € 970,495 ▲ 12% vs 2024 (€ 868,485) Unfavourable step	▲ 12%
Cash	€ 310,739 Cash 2022: € 310,739 First fiscal year in the series	€ 221,729 Cash 2023: € 221,729 ▼ 29% vs 2022 (€ 310,739) Unfavourable step	€ 112,822 Cash 2024: € 112,822 ▼ 49% vs 2023 (€ 221,729) Unfavourable step	€ 137,687 Cash 2025: € 137,687 ▲ 22% vs 2024 (€ 112,822) Favourable step	▲ 22%
Land & buildings	€ 85,074 Land & buildings 2022: € 85,074 First fiscal year in the series	€ 86,643 Land & buildings 2023: € 86,643 ▲ 2% vs 2022 (€ 85,074) Unchanged	€ 84,249 Land & buildings 2024: € 84,249 ▼ 3% vs 2023 (€ 86,643) Unchanged	€ 81,606 Land & buildings 2025: € 81,606 ▼ 3% vs 2024 (€ 84,249) Unchanged	▼ 3%
Retained profit	€ 381,969 Retained profit 2022: € 381,969 First fiscal year in the series	€ 437,354 Retained profit 2023: € 437,354 ▲ 14% vs 2022 (€ 381,969) Favourable step	€ 477,720 Retained profit 2024: € 477,720 ▲ 9% vs 2023 (€ 437,354) Favourable step	€ 215,859 Retained profit 2025: € 215,859 ▼ 55% vs 2024 (€ 477,720) Unfavourable step	▼ 55%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 265,000 Dividend 2025: € 265,000 Unchanged (€ 0) Unchanged
Bank debt	€ 244,361 Bank debt 2022: € 244,361 First fiscal year in the series	€ 232,854 Bank debt 2023: € 232,854 ▼ 5% vs 2022 (€ 244,361) Favourable step	€ 221,285 Bank debt 2024: € 221,285 ▼ 5% vs 2023 (€ 232,854) Favourable step	€ 511,286 Bank debt 2025: € 511,286 ▲ 131% vs 2024 (€ 221,285) Unfavourable step	▲ 131%
Balance sheet total	€ 1,424,608 Balance sheet total 2022: € 1,424,608 First fiscal year in the series	€ 1,361,034 Balance sheet total 2023: € 1,361,034 ▼ 4% vs 2022 (€ 1,424,608) Unchanged	€ 1,371,206 Balance sheet total 2024: € 1,371,206 ▲ 1% vs 2023 (€ 1,361,034) Unchanged	€ 1,211,354 Balance sheet total 2025: € 1,211,354 ▼ 12% vs 2024 (€ 1,371,206) Unchanged	▼ 12%
Employees (FTE)	16.8 Employees (FTE) 2022: 16.8 First fiscal year in the series	15.2 Employees (FTE) 2023: 15.2 ▼ 1.6 vs 2022 (16.8) Unchanged	15.9 Employees (FTE) 2024: 15.9 ▲ 0.7 vs 2023 (15.2) Unchanged	14.8 Employees (FTE) 2025: 14.8 ▼ 1.1 vs 2024 (15.9) Unchanged	▼ 1.1

Key figures of ESP-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 ESP-Projects?

What happened at ESP-Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 14, 2026 New annual accounts for financial year 2025: profit of € 3,138 (▼ 92% vs 2024). Source: NBB ↗
2022 PMA Tech BV became a director. NBB
Oct 8, 2007 New establishment in Middelkerke. KBO
Sep 17, 2007 Start of the company according to the CBE. KBO

In short

From € 120,625 profit in 2022 to € 3,138 profit in 2025.

Paid € 77,442 in corporate taxes since 2022.

Best year ever: 2022, with € 120,625 profit.

On average € 73,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ESP-STUURBOORD 98%

The stake of ESP-STUURBOORD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ESP-Projects

Behind ESP-Projects is PMA Tech BV. The shares are held by ESP-STUURBOORD (98%).

Directors

According to the 2025 annual accounts

PMA Tech BV

Director · represented by Pieter Markey

since 2022

Shareholders

ESP-STUURBOORD

98%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwpoortlaan 75

8434 Middelkerke

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

GROEP T

€ 114,785 gross margin · 2025

ESP-STUURBOORD same network

€ -4,638 gross margin · 2025

ESP-BAKBOORD

€ -1,993 gross margin · 2025

ESP GROUP

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

Details

Company number

0892.076.930

VAT number

BE 0892.076.930

Registered office

Nieuwpoortlaan 75, 8434 Middelkerke

Names & denominations

ESP-Projects

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

17 September 2007

Peppol

Active · Active since 11 Mar 2025

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Overige bouwinstallatie

Overige bouwinstallatie, n.e.g.

Elektrotechnische installatiewerken van nijverheidsinrichtingen

Dakwerkzaamheden

Overige reiniging van gebouwen; industriële reiniging

Activiteiten van risicoanalisten en schadetaxateurs

View on CBE Public ↗ Annual accounts (NBB) ↗

ESP-Projects

Financials

What happened to ESP-Projects?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions