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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FGL-Projects from Hooglede, company number BE0897920486, closed financial year 2025 with a result of € 8,268 after tax. For that financial year FGL-Projects recorded a gross margin of € 96,479 and equity of € 637,214. Compared with financial year 2024, the result moved from € 25,512 to € 8,268. 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 November 29, 2025.
€ 637,214
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,268
▼ 68% vs 2024
Profit after tax over the fiscal year.
€ 6,123
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 621,479.
People and assets in 2025
€ 3,554
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5,000
▼ 92% vs 2024
Loans from banks and other lenders, long and short.
€ 4,928
▲ € 3,734 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,523
▼ 64% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,276 | € 166,657 | € 124,638 | € 96,479 | ▼ 23% |
| Profit after taxes | € 41,161 | € 52,626 | € 25,512 | € 8,268 | ▼ 68% |
| Equity | € 618,972 | € 603,433 | € 628,946 | € 637,214 | ▲ 1% |
| Total debts | € 523,099 | € 491,222 | € 438,002 | € 380,047 | ▼ 13% |
| Cash | € 24,014 | € 16,043 | - | € 6,123 | |
| Land & buildings | € 1,089,428 | € 1,046,484 | € 1,026,022 | € 970,802 | ▼ 5% |
| Retained profit | € 603,237 | € 587,699 | € 613,211 | € 621,479 | ▲ 1% |
| Dividend | € 190,136 | € 68,164 | € 0 | € 0 | |
| Bank debt | € 177,500 | € 117,500 | € 64,384 | € 5,000 | ▼ 92% |
| Balance sheet total | € 1,148,457 | € 1,100,971 | € 1,073,193 | € 1,023,435 | ▼ 5% |
Key figures of FGL-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 October 2026.
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 2025: profit of € 8,268 (▼ 68% vs 2024). filed late Source: NBB ↗
- New establishment in Hooglede. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,161 profit in 2022 to € 8,268 profit in 2025.
Paid € 53,161 in corporate taxes since 2022.
Best year ever: 2023, with € 52,626 profit.
Paid out € 258,300 in dividends to the owners in total.
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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 FGL-Projects are Greet SAELENS and Filip LEENKNEGT.
Directors
According to the 2025 annual accounts
Greet SAELENS
Director
Filip LEENKNEGT
Director
Establishments
Establishment units
Physical locations of this company
Gitsbergstraat 85 box D
8830 Hooglede
Gitsbergstraat 68 box A
8830 Hooglede
Active since 15 May 2008
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
- Activities · NACE
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