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 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
A+D Projects from Kortrijk, company number BE1015652257, closed financial year 2025 with a result of € -7,691 after tax. For that financial year A+D Projects recorded a gross margin of € -1,505 and equity of € 91,309. 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 17, 2026.
€ 91,309
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,691
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,691.
Debts at end 2025
€ 20,000
Loans from banks and other lenders, long and short.
€ 170,213
Supplier invoices still open on the last day of the fiscal year.
What happened to A+D Projects?
What happened at A+D Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DDS Vastgoed stepped down as director. NBB
- Centrimo stepped down as director. NBB
- Centrimo Construct stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 7,691. Source: NBB ↗
- New establishment in Kortrijk. KBO
- DDS Vastgoed became a director. NBB
- Centrimo became a director. NBB
- Centrimo Construct became a director. NBB
Management
The stake of D.D.S. VASTGOED comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
A+D ProjectsThe shares are held by D.D.S. VASTGOED (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Geert Dierckx
since 2024 · until 2030
Director · represented by Jean-Luc Desmet
Also active at: Centrimo Construct, Dam 73, REËSTAKIC
since 2024 · until 2030
Director · represented by David Vanbiervliet
Also active at: Bovanco, ART OF BUILDING, BLUEBELL PROJECTS, VAN2INVEST
since 2024 · until 2030
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 29 box 21
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →FIVANCO
€ 120,500 revenue · 2025
Centrimo same network
€ 188,427 gross margin · 2025
INAFZO
€ -67,046 gross margin · 2025
CONAFIN
€ 14,235 gross margin · 2025
YOUNG & Partners/NaviTrans International
€ 12.4 million revenue · 2025
+14 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
- 1015.652.257
- VAT number
- BE 1015.652.257
- Registered office
- Beneluxpark(Kor) 29 bus 21, 8500 Kortrijk
- Names & denominations
- A+D Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2024
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Ontwikkeling van niet-residentiële bouwprojecten
Handel in eigen onroerend goed