Financials
Financial year 2025
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ -135
▲ 91% vs 2024
Profit
Caution€ -1,390
▲ 41% vs 2024
Debts
High€ 108,661
▲ 3096% vs 2024
INITIO PROJECTS from Hasselt, company number BE1006199212, closed financial year 2025 with a result of € -1,390 after tax. For that financial year INITIO PROJECTS recorded a gross margin of € -135 and equity of € 6,270. Compared with financial year 2024, the result moved from € -2,340 to € -1,390. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
What happened at INITIO PROJECTS?
What happened at INITIO PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,390. Source: NBB ↗
- M-PROJECTS bv became a director. NBB
- VERCAMMEN IVO bv became a director. NBB
- S.I.M.C. nv became a director. NBB
- SOM BEHEERSMAATSCHAPPIJ bv became a director. NBB
- I&P CONSULTING bv became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,340 loss in 2024 to € 1,390 loss in 2025.
A new publication or filing at INITIO PROJECTS? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind INITIO PROJECTS are M-PROJECTS bv, VERCAMMEN IVO bv, S.I.M.C. nv, SOM BEHEERSMAATSCHAPPIJ bv and I&P CONSULTING bv. The shares are held by VERCAMMEN IVO bv (40%), SOM BEHEERSMAATSCHAPPIJ bv (40%) and M-PROJECTS bv (20%).
Directors
According to the 2025 annual accounts
since 2024
Managing director · represented by Ivo VERCAMMEN
Also active at: HERITAGE, SPECIAL BUILDING PROJECTS, AVONDTROODT +14 more
since 2024
Director · represented by Patrick SYEN
Also active at: WHY NOT, B & S Beheer, SOM BEHEERSMAATSCHAPPIJ +22 more
since 2024
Managing director · represented by Danny SOMERS
Also active at: WHY NOT, SOMINVEST, B & S Beheer +34 more
since 2024
Director · represented by Patrick KERKHOFS
Also active at: WHY NOT, B & S Beheer, SOM BEHEERSMAATSCHAPPIJ +23 more
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Het Dorlik 16
3500 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 30 companies are registered at this address.
WHY NOT same network
€ -32,291 gross margin · 2025
SOMINVEST same network
€ 383,351 gross margin · 2025
GEVACO
€ -314 gross margin · 2025
B & S Beheer same network
€ -1,322 gross margin · 2025
SOM FACILITIES
€ -1 million gross margin · 2024
+25 more
Details
- Company number
- 1006.199.212
- VAT number
- BE 1006.199.212
- Registered office
- Het Dorlik 16, 3500 Hasselt
- Names & denominations
- INITIO PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2024
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
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