Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
103 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Project Pica from Antwerpen, company number BE1015044424, closed financial year 2025 with a result of € -5,330 after tax. For that financial year Project Pica recorded a gross margin of € -3,077 and equity of € -4,894. Compared with financial year 2024, the result moved from € -1,564 to € -5,330. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 20, 2026.
€ -4,894
▼ € 5,330 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,330
▼ 241 % more loss than in 2024
Profit after tax over the fiscal year.
€ 534
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6,894.
Debts at end 2025
€ 24,526
Loans from banks and other lenders, long and short.
€ 819
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -1,500 | € -3,077 | ▼ € 1,577 |
| Profit after taxes | € -1,564 | € -5,330 | ▼ € 3,765 |
| Equity | € 436 | € -4,894 | ▼ € 5,330 |
| Total debts | € 1,815 | € 28,046 | ▲ € 26,231 |
| Cash | € 447 | € 534 | ▲ 20% |
| Retained profit | € -1,564 | € -6,894 | ▼ € 5,330 |
| Bank debt | € 0 | € 24,526 | |
| Balance sheet total | € 2,251 | € 23,153 | ▲ € 20,902 |
Key figures of Project Pica, fiscal years 2024 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 Project Pica?
What happened at Project Pica in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,330. Source: NBB ↗
- Miyodemano BV became a director. NBB
- Raven Holding BV stepped down as director. NBB
- New establishment in Antwerpen. KBO
- Kenneth De Clercq became a director. NBB
- Sebastian Duyvendak became a director. NBB
- Christiaan Leysen became a director. NBB
- Raven Holding BV became a director. NBB
In short
From € 1,564 loss in 2024 to € 5,330 loss in 2025.
Management
The stake of MIYODEMANO, RAVEN HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Project PicaBehind Project Pica are Kenneth De Clercq, Sebastian Duyvendak, Christiaan Leysen and Miyodemano BV. The shares are held by MIYODEMANO (52.5%) and RAVEN HOLDING (50%).
Directors
According to the 2025 annual accounts
Kenneth De Clercq
Director
since 2024
Sebastian Duyvendak
Director
since 2024
Christiaan Leysen
Director
since 2024
Director · represented by Boeckx Maarten
Also active at: RAVEN HOLDING, Raven Proprietary
since 2025
Director · represented by Vos Rogier
Also active at: RAVEN PROJECTS II, Raven Investment Real Estate, RAVEN DEVELOPMENT, Raven Projects Kipdorp 41, Raven Projects Collegelaan
since 2024 · until 2025
Shareholders
52.5%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
IJzerenpoortkaai 3
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 103 companies are registered at this address.
All companies at this address →Ronny Van de Velde Contemporary Art
PM INTERIEUR
€ -1,416 gross margin · 2023
Viyo Int. Trading
€ -200 gross margin · 2024
KVL
€ -175,700 gross margin · 2021
GOUDEZEUNE
€ -30,908 gross margin · 2023
+98 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1015.044.424
- VAT number
- BE 1015.044.424
- Registered office
- IJzerenpoortkaai 3, 2000 Antwerpen
- Names & denominations
- Project Pica
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2024
- Peppol
- Active · Active since 30 Jan 2026
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