BD PROJECTS
InactiveOverview
Activity
Activity not known
Size
€4.2mtotal assets 2025
- Equity
- €4.0m
- Profit
- €2.2m
Turnover not published (abbreviated or micro format)
Financial health
Inactive: no score
Structure
2 of 5 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
11 days early
2023
12 days early
2022
2 days early
2021
30 days early
2020
1 day early
2019
64 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- End & cessationResignation: BRYS David (director) ·…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €2.2m
Financials · financial year 2025, abbreviated format
Equity
€4.0m▲ 126%
2024 · €1.8m
Total assets
€4.2m▲ 38.9%
2024 · €3.0m
Net result
€2.2m
2024 · -€39,127
Working capital
€2.7m▲ 224%
2024 · €823,230
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €68,200 in 2025 against €45,543 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.07m
2025
Net result€2.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4.2m
2025
Equity€4.0m
2025
Debt€0.2m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€2.7m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.3m-€0.2m▼ 47.3%€0.2m▲ 12.4%€0.1m▼ 32.5%€0.1m▲ 12.9%-€0.05m-€0.07m▼ 49.7%
Net result€0.4m-€0.1m▼ 75.3%€0.1m▲ 6.6%€1.3m▲ 11×€0.1m▼ 92.3%-€0.04m€2.2m
Equity€0.3m-€0.4m▲ 13.6%€0.5m▲ 29.8%€1.7m▲ 246%€1.8m▲ 4.2%€1.8m▼ 2.2%€4.0m▲ 126%
Total assets€0.8m-€0.8m▲ 3.9%€1.1m▲ 36.1%€2.0m▲ 79.2%€2.0m▼ 2.5%€3.0m▲ 52.2%€4.2m▲ 38.9%
Debt€0.5m-€0.4m▼ 3.2%€0.6m▲ 41.5%€0.3m▼ 51.7%€0.2m▼ 40.1%€1.3m▲ 585%€0.2m▼ 82.6%
Working capital€0.08m-€0.04m▼ 52.8%€0.03m▼ 14.7%€1.7m▲ 49×€1.0m▼ 40.9%€0.8m▼ 16.1%€2.7m▲ 224%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
- 2023 Net result -92% on 2022. The accounts now follow the abbreviated format, last year the micro format.
- 2022 Net result +1,010% on 2021. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.2m
Fixed assets
€1.3m ▼ 34.7%
Current assets
€2.9m ▲ 179%
Equity and liabilities €4.2m
Equity
€4.0m ▲ 126%
Debt
€218,152 ▼ 82.6%
Debt's share of the balance-sheet total falls from 41.7% to 5.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€29,778▼
2024 · -€27,630
Cash flow
€2.2m▲
2024 · -€21,215
Current ratio
13.28▲
2024 · 4.95
Debt to equity
0.06▼
2024 · 0.72
ROE
55.7%▲
2024 · -2.2%
ROA
52.8%▲
2024 · -1.3%
Interest coverage
-1.16▲
2024 · -1.70
Debt ≤ 1 year
€217,207▲
2024 · €208,650
Income taxes
€217,015▲
2024 · €525
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €0.002m | €0.02m | ▲ 750% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.006m | €0.03m | €0.008m | €0.009m | €0.02m | €0.02m | €0.04m | ▲ 115% |
| Other operating charges640/8 | - | - | - | €0.002m | €0.002m | €0.1m | €0.01m | ▼ 91.0% |
| Gross operating margin9900 | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | -€0.02m | - |
| Operating profit (loss)9901 | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | -€0.05m | -€0.07m | ▼ 49.7% |
| Financial income75/76B | - | - | - | €1.6m | €0.02m | €0.02m | €2.5m | ▲ 102× |
| Recurring financial income75 | €0.2m | €0.003m | €0.002m | €1.6m | €0.02m | €0.02m | €2.5m | ▲ 102× |
| Financial charges65/66B | - | - | - | €0.3m | €0.004m | €0.02m | €0.03m | ▲ 44.8% |
| Recurring financial charges65 | €0.005m | €0.008m | €0.006m | €0.3m | €0.004m | €0.02m | €0.03m | ▲ 58.0% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.001m | - | - |
| Profit (loss) for the period before taxes9903 | €0.5m | €0.1m | €0.2m | €1.4m | €0.1m | -€0.04m | €2.4m | - |
| Income taxes67/77 | €0.1m | €0.04m | €0.06m | €0.2m | €0.05m | €0.001m | €0.2m | ▲ 413× |
| Profit (loss) for the period9904 | €0.4m | €0.1m | €0.1m | €1.3m | €0.1m | -€0.04m | €2.2m | - |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.1m | €0.1m | €1.3m | €0.1m | -€0.04m | €2.2m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.8m | €0.8m | €1.1m | €2.0m | €2.0m | €3.0m | €4.2m | ▲ 38.9% |
| Fixed assets21/28 | €0.5m | €0.6m | €0.6m | €0.2m | €0.9m | €2.0m | €1.3m | ▼ 34.7% |
| Tangible fixed assets22/27 | €0.02m | €0.2m | €0.2m | €0.2m | €0.2m | €1.2m | €1.3m | ▲ 5.4% |
| Land and buildings22 | - | - | - | €0.2m | €0.2m | €1.1m | €1.1m | ▼ 1.3% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.01m | €0.1m | €0.1m | ▲ 2.7% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.008m | €0.001m | €0.08m | ▲ 68× |
| Financial fixed assets28 | €0.4m | €0.4m | €0.4m | - | €0.8m | €0.8m | - | - |
| Current assets29/58 | €0.3m | €0.2m | €0.5m | €1.8m | €1.0m | €1.0m | €2.9m | ▲ 179% |
| Amounts receivable after more than one year29 | - | - | - | €0.2m | €0.3m | €0.5m | €1.1m | ▲ 107% |
| Other amounts receivable291 | - | - | - | €0.2m | €0.3m | €0.5m | €1.1m | ▲ 107% |
| Amounts receivable within one year40/41 | €0.2m | €0.07m | €0.06m | €1.4m | €0.3m | €0.06m | €0.8m | ▲ 14× |
| Trade receivables40 | - | - | - | €0.02m | €0.02m | €0.02m | - | - |
| Other amounts receivable41 | - | - | - | €1.4m | €0.2m | €0.03m | €0.8m | ▲ 24× |
| Current investments50/53 | - | - | - | - | €0.4m | €0.3m | €0.9m | ▲ 188% |
| Cash at bank and in hand54/58 | €0.06m | €0.06m | €0.4m | €0.2m | €0.07m | €0.1m | €0.06m | ▼ 46.7% |
| Deferred charges and accrued income490/1 | - | - | - | €489 | €0.003m | €0.003m | €0.001m | ▼ 60.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.8m | €0.8m | €1.1m | €2.0m | €2.0m | €3.0m | €4.2m | ▲ 38.9% |
| Equity10/15 | €0.3m | €0.4m | €0.5m | €1.7m | €1.8m | €1.8m | €4.0m | ▲ 126% |
| Contributions10/11 | €0.006m | - | - | - | - | - | - | - |
| Reserves13 | €0.3m | €0.4m | €0.5m | €1.7m | €1.8m | €1.8m | €4.0m | ▲ 121% |
| Distributable reserves133 | - | - | - | €1.7m | €1.8m | €1.8m | €4.0m | ▲ 121% |
| Profit (loss) carried forward14 | €0.007m | €0.007m | €0.008m | €0.001m | €0.001m | -€0.04m | €101 | - |
| Amounts payable17/49 | €0.5m | €0.4m | €0.6m | €0.3m | €0.2m | €1.3m | €0.2m | ▼ 82.6% |
| Amounts payable after more than one year17 | €0.2m | €0.3m | €0.2m | €0.1m | €0.1m | €1.0m | - | - |
| Financial debts170/4 | - | - | - | €0.1m | €0.1m | €1.0m | - | - |
| Amounts payable within one year42/48 | €0.3m | €0.2m | €0.5m | €0.2m | €0.05m | €0.2m | €0.2m | ▲ 4.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.01m | €0.05m | - | - |
| Trade debts44 | €0.001m | €0.006m | €0.005m | €0.002m | €0.008m | €0.08m | €414 | ▼ 99.5% |
| Suppliers440/4 | - | - | - | €0.002m | €0.008m | €0.08m | €414 | ▼ 99.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.03m | €0.02m | €0.2m | ▲ 12× |
| Taxes450/3 | - | - | - | €0.1m | €0.03m | €0.02m | €0.2m | ▲ 12× |
| Other amounts payable47/48 | - | - | - | - | - | €0.06m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | €0.003m | €0.001m | ▼ 62.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.1m | €0.1m | €1.3m | €0.1m | -€0.04m | €2.2m | - |
| + Depreciation and write-downs630 | €0.006m | €0.03m | €0.008m | €0.009m | €0.02m | €0.02m | €0.04m | ▲ 115% |
| Operating cash flow (approximation) | €0.4m | €0.1m | €0.1m | €1.3m | €0.1m | -€0.02m | €2.2m | - |
| Investment in fixed assets (approximation) | - | -€0.2m | -€0.001m | €0.4m | -€0.8m | -€1.1m | €0.6m | - |
| Change in cash | - | -€0.005m | €0.3m | -€0.1m | -€0.2m | €0.05m | -€0.06m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 29-04-2026 | 2026-00093580 |
| 30-09-2024 | abbreviated format | 19-04-2025 | 2025-00071913 |
| 30-09-2023 | abbreviated format | 18-04-2024 | 2024-00065381 |
| 30-09-2022 | micro format | 28-04-2023 | 2023-00077827 |
| 30-09-2021 | abbreviated format | 31-03-2022 | 2022-09900249 |
| 30-09-2020 | abbreviated format | 29-04-2021 | 2021-12700443 |
| 30-09-2019 | abbreviated format | 26-02-2020 | 2020-05700444 |
| 30-09-2018 | abbreviated format | 18-04-2019 | 2019-10400221 |
| 30-09-2017 | abbreviated format | 04-04-2018 | 2018-09200318 |
| 30-09-2016 | abbreviated format | 05-04-2017 | 2017-09000073 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
no sitting director read yet, last change in 2026
No directors read yet: 2 of 5 Gazette acts processed. See the directors and other office holders in the KBO →
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BRYS David |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
30%
According to the annual accounts to 30-09-2024 of BD PROJECTS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
The board mandates are listed below; here you explore them as a network.
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Shareholding
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Board mandates elsewhere
2 board mandatesBoard mandates of this companythis company sits on their board2
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
04-05
Gazette deed
End & cessationResignation: BRYS David (director) · Auditor report · Net-asset statement16 facts ▸
Gazette deed
End & cessation
Resignation: BRYS David (director) · Auditor report · Net-asset statement16 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Auditor report, 24-03-2026
- Net-asset statement, 27-01-2026
- General meeting, “special circumstances and simplicity of liquidation, dissolution and liquidation in one act” (deed in Dutch)
- Declaration, “accounting status, accounting situation unchanged since balance sheet date, no other debts to third parties or sole shareholder except those on balance sheet or…” (deed in Dutch)
- General meeting, “approval of early closed fiscal year, fiscal year closed early due to dissolution” (deed in Dutch)
- General meeting, “early submission of annual accounts and related documents, special discharge” (deed in Dutch)
- General meeting, “approval of annual accounts, profit allocation proposal” (deed in Dutch)
- Power of attorney, BRYS David (2 times)
- General meeting, “company already effectively liquidated by director before dissolution, immediate closure of liquidation” (deed in Dutch)
- Director resignation, BRYS David (director)
- Director discharge, BRYS David (director)
- +4 further facts in this act
29-04
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
30-09
Financial
Back to profitnet €2.2m
Net result €2.2m after one loss-making year.
30-09
Financial
Liquidity more than doubledcurrent ratio 13.28
Current ratio from 4.95 to 13.28.
30-09
Financial
Equity above €2mequity €4.0m ▲126%
Equity rises from €1.8m to €4.0m.
19-04
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
30-09
Financial
Weakest financial yearnet -€39,127
Net result drops to -€39,127, the lowest in the series.
18-04
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
11-04
Gazette deed
Registered officeRegistered-office move2 facts ▸
Gazette deed
Registered office
Registered-office move2 facts ▸
- Board meeting, 26-03-2024
- Registered-office move, 9160 Lokeren,Krommestraat 10
2023
28-04
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
30-09
Financial
Liquidity more than 10 timescurrent ratio 11.03
Current ratio from 1.07 to 11.03; short-term debt falls from €470,830 to €165,538.
30-09
Financial
Equity above €1mequity €1.7m ▲246%
A profit in every financial year since 2019 builds equity to €1.7m.
Show earlier events
31-03
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
29-04
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
26-02
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
18-04
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
04-04
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
05-04
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
2 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Inactive
Inactive since April 2026
BD PROJECTS has not been in the KBO register since 17 April 2026.
- Status
- Inactiveout of the register since 17 April 2026
- Last annual accounts
- financial year to 30 September 2025
- Last registered office
- Krommestraat 10, 9160 Lokerenas published on 4 May 2026
- Legal form
- Private limited company
- Active since
- 20 January 2012
Recognitions · licences · registrations
Legal Entity Identifier
875500SZ1XADXDFRK724
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Lokeren
Ground area
1,756 m²
Building footprint
248 m²
Building volume
1,416 m³
Parcel 46014A0065/00B000, Flanders · tallest building 9.2 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46014A0065/00B000 | Flanders | 1,756 m² | 1 · 248 m² | 9.2 m · 2 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 2 more provisions in the deed, see the deed of 04-05-2026
Read from the deeds: 2 provisions, deed of 04-05-2026