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.
€ 240,859
▼ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,138
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 137,687
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 265,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
14.8
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 4,731
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 511,286
▲ 131% vs 2024
€ 57,825 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 264,307
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 96,593
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,243,144 | € 1,118,398 | € 1,193,582 | € 1,083,487 | ▼ 9% |
| Profit after taxes | € 120,625 | € 55,385 | € 40,367 | € 3,138 | ▼ 92% |
| Equity | € 406,969 | € 462,354 | € 502,720 | € 240,859 | ▼ 52% |
| Total debts | € 1,017,211 | € 898,680 | € 868,485 | € 970,495 | ▲ 12% |
| Cash | € 310,739 | € 221,729 | € 112,822 | € 137,687 | ▲ 22% |
| Land & buildings | € 85,074 | € 86,643 | € 84,249 | € 81,606 | ▼ 3% |
| Retained profit | € 381,969 | € 437,354 | € 477,720 | € 215,859 | ▼ 55% |
| Dividend | € 0 | € 0 | € 0 | € 265,000 | |
| Bank debt | € 244,361 | € 232,854 | € 221,285 | € 511,286 | ▲ 131% |
| Balance sheet total | € 1,424,608 | € 1,361,034 | € 1,371,206 | € 1,211,354 | ▼ 12% |
| Employees (FTE) | 16.8 | 15.2 | 15.9 | 14.8 | ▼ 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:
- New annual accounts for financial year 2025: profit of € 3,138 (▼ 92% vs 2024). Source: NBB ↗
- PMA Tech BV became a director. NBB
- New establishment in Middelkerke. KBO
- 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.
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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
The stake of ESP-STUURBOORD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ESP-ProjectsBehind ESP-Projects is PMA Tech BV. The shares are held by ESP-STUURBOORD (98%).
Directors
According to the 2025 annual accounts
Director · represented by Pieter Markey
since 2022
Shareholders
98%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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 →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
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