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 15 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
FGL-Projects from Hooglede, company number BE0897920486, closed financial year 2026 with a result of € 5,739 after tax. For that financial year FGL-Projects recorded a gross margin of € 92,061 and equity of € 642,953. Compared with financial year 2025, the result moved from € 8,268 to € 5,739. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2026.
€ 642,953
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,739
▼ 31% vs 2025
Profit after tax over the fiscal year.
€ 39,858
▲ € 33,735 vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 627,218.
People and assets in 2026
€ 8,760
▲ 147% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 2,560
▼ 48% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 10,155
▲ 84% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 166,657 | € 124,638 | € 96,479 | € 92,061 | ▼ 5% |
| Profit after taxes | € 52,626 | € 25,512 | € 8,268 | € 5,739 | ▼ 31% |
| Equity | € 603,433 | € 628,946 | € 637,214 | € 642,953 | ▲ 1% |
| Total debts | € 491,222 | € 438,002 | € 380,047 | € 359,691 | ▼ 5% |
| Cash | € 16,043 | - | € 6,123 | € 39,858 | ▲ € 33,735 |
| Land & buildings | € 1,046,484 | € 1,026,022 | € 970,802 | € 932,257 | ▼ 4% |
| Retained profit | € 587,699 | € 613,211 | € 621,479 | € 627,218 | ▲ 1% |
| Dividend | € 68,164 | € 0 | € 0 | € 0 | |
| Bank debt | € 117,500 | € 64,384 | € 5,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,100,971 | € 1,073,193 | € 1,023,435 | € 1,008,747 | ▼ 1% |
Key figures of FGL-Projects, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to FGL-Projects?
What happened at FGL-Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 5,739 (▼ 31% vs 2025). Source: NBB ↗
- New establishment in Hooglede. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,626 profit in 2023 to € 5,739 profit in 2026.
Paid € 58,457 in corporate taxes since 2023.
Best year ever: 2023, with € 52,626 profit.
Paid out € 68,164 in dividends to the owners in total.
Management
Behind FGL-Projects are Greet SAELENS and Filip LEENKNEGT.
Directors
According to the 2026 annual accounts
Greet SAELENS
Director
Filip LEENKNEGT
Director
Establishments
Establishment units
Physical locations of this company
Gitsbergstraat 85 box D
8830 Hooglede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0897.920.486
- VAT number
- BE 0897.920.486
- Registered office
- Gitsbergstraat 85 bus D, 8830 Hooglede
- Names & denominations
- FGL-Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2008
- Peppol
- Active · Active since 3 Sept 2025
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