F & D Projects
Annual accounts 2025
micro format, filed on 28-04-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €245,962 on 30-09-2025in euro
in euro
Position in the sector
96.5%
Higher than 95% of 39,368 companies in 2025.
28.72
Higher than 95% of 38,051 companies in 2025.
-0.4%
Higher than 18% of 38,523 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
245,962 | 245,584 | 255,662 | 200,899 | 212,609 | 13,901 | |
21/28 |
- | 0 | 80 | 463 | 845 | - | |
22/27 |
- | 0 | 80 | 463 | 845 | - | |
24 |
- | 0 | 80 | 463 | 845 | - | |
29/58 |
245,962 | 245,584 | 255,581 | 200,436 | 211,763 | 13,901 | |
40/41 |
2,127 | 2,209 | 15,180 | 9,135 | 336 | 43 | |
40 |
- | 0 | 15,180 | 9,135 | 271 | - | |
41 |
2,127 | 2,209 | - | 0 | 66 | 43 | |
50/53 |
0 | 200,000 | 100,000 | - | - | - | |
54/58 |
243,835 | 43,375 | 140,402 | 191,301 | 211,427 | 13,858 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
245,962 | 245,584 | 255,662 | 200,899 | 212,609 | 13,901 | |
10/15 |
237,397 | 238,415 | 235,316 | 188,434 | 167,555 | 13,901 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | 20,000 | |
13 |
217,397 | 218,415 | 215,260 | 168,379 | 147,500 | - | |
133 |
217,397 | 218,415 | 215,260 | 168,379 | 147,500 | - | |
14 |
- | 0 | 55 | 55 | 55 | -6,099 | |
17/49 |
8,565 | 7,169 | 20,346 | 12,465 | 45,053 | - | |
42/48 |
8,565 | 7,169 | 20,346 | 12,465 | 45,053 | - | |
44 |
457 | 442 | 0 | 257 | - | - | |
440/4 |
457 | 442 | 0 | 257 | - | - | |
45 |
- | 0 | 14,999 | 8,293 | 42,518 | - | |
450/3 |
- | 0 | 14,999 | 8,293 | 42,518 | - | |
47/48 |
8,108 | 6,728 | 5,348 | 3,915 | 2,535 | - | |
| Income statement | |||||||
9900 |
-6,560 | 1,494 | 60,419 | 26,861 | 196,919 | -5,380 | |
630 |
0 | 80 | 382 | 382 | 302 | - | |
640/8 |
387 | 384 | 348 | 348 | 348 | 695 | |
9901 |
-6,948 | 1,029 | 59,689 | 26,131 | 196,269 | -6,075 | |
75/76B |
6,250 | 3,200 | - | - | - | - | |
75 |
6,250 | 3,200 | - | - | - | - | |
65/66B |
321 | 97 | 120 | 66 | 97 | 23 | |
65 |
321 | 97 | 120 | 66 | 97 | 23 | |
9903 |
-1,018 | 4,132 | 59,570 | 26,065 | 196,172 | -6,099 | |
67/77 |
0 | 1,033 | 12,688 | 5,186 | 42,518 | - | |
9904 |
-1,018 | 3,099 | 46,882 | 20,879 | 153,654 | -6,099 | |
9905 |
-1,018 | 3,099 | 46,882 | 20,879 | 153,654 | -6,099 | |
| Appropriation of the result | |||||||
9906 |
-1,018 | 3,155 | 46,937 | 20,934 | 147,555 | -6,099 | |
14P |
0 | 55 | 55 | 55 | -6,099 | - | |
791/2 |
1,018 | - | - | - | - | - | |
691/2 |
0 | 3,155 | 46,882 | 20,879 | 147,500 | - | |
6921 |
0 | 3,155 | 46,882 | 20,879 | 147,500 | - | |
| Document | |||||||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 28-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 28-04-2026 | 2026-00089780 | |
| 30-09-2024 | micro format | 29-04-2025 | 2025-00079550 | |
| 30-09-2023 | micro format | 29-04-2024 | 2024-00071912 | |
| 30-09-2022 | micro format | 28-04-2023 | 2023-00070508 | |
| 30-09-2021 | micro format | 26-04-2022 | 2022-20008452 | |
| 31-12-2019 | micro format | 24-08-2020 | 2020-43400032 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|---|---|---|
| -6,948 | 1,110 | 60,072 | 26,514 | 196,571 | - | ||
| -1,018 | 3,180 | 47,264 | 21,261 | 153,956 | - | ||
| 0 | 0 | 0 | 0 | 1,147 | - | ||
| 200,459 | -97,026 | -50,900 | -20,126 | - | - | ||
| 237,397 | 238,415 | 235,235 | 187,971 | 166,710 | - | ||
| 96.5% | 97.1% | 92.0% | 93.8% | 78.8% | 100.0% | ||
| 28.72 | 34.26 | 12.56 | 16.08 | 4.70 | - | ||
| 0.04 | 0.03 | 0.09 | 0.07 | 0.27 | - | ||
| -0.4% | 1.3% | 19.9% | 11.1% | 91.7% | -43.9% | ||
| -0.4% | 1.3% | 18.3% | 10.4% | 72.3% | -43.9% | ||
| -21.68 | 11.47 | over 100 | over 100 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €1,147 |
| €0 | €80 | €382 | €382 | €302 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on F & D Projects
The operating result for 2025 is a loss of €6,948, after a profit of €1,029 in 2024. It is the lowest result since 2019.
Debt's share of the balance-sheet total rises from 2.9% to 3.5%. Equity is lower and debt is higher.
- 2022 Net result -86% on 2021. The previous financial year ran 21 months, this one 12.