Equity
Equity fell below zero in 2018.
Equity fell below zero in 2018.
Every financial year from 2021 to 2023 closed with a loss. 2023 was the heaviest.
Inactive. The last annual accounts are for financial year 2023. The company was dissolved and wound up in a single deed. The books and records are kept for 5 years in Schoten.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
138,208 | 194,117 | 208,157 | 201,523 | 200,391 | 102,542 | 279,173 | 135,730 | 110,537 | 158,131 | 148,352 | 150,156 | 184,164 | 257,750 | 170,881 | 225,666 | 7,731 | 7,731 | |
20 |
376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | 376 | |
21/28 |
19,049 | 19,884 | 18,223 | 12,571 | 17,354 | 23,267 | 29,487 | 37,574 | 46,037 | 53,761 | 62,555 | 57,199 | 73,627 | 48,367 | 21,068 | 17,367 | 6,752 | 6,752 | |
21 |
9,634 | 10,184 | 10,734 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | 5,371 | |
22/27 |
9,416 | 9,254 | 6,593 | 6,603 | 11,387 | 17,300 | 23,520 | 31,607 | 39,693 | 47,417 | 56,212 | 50,856 | 67,284 | 42,024 | 14,875 | 11,173 | 559 | 559 | |
23 |
2,264 | 2,828 | 2,427 | 2,437 | 7,221 | 13,134 | 19,354 | 26,582 | 33,810 | 41,038 | 48,266 | 46,103 | 52,777 | 21,006 | 12,541 | 11,173 | 559 | 559 | |
24 |
7,151 | 6,427 | 4,166 | 4,166 | 4,166 | 4,166 | 4,166 | 5,025 | 5,883 | 6,379 | 7,946 | 4,753 | 14,507 | 21,018 | 2,333 | - | - | - | |
28 |
- | 446 | 896 | 596 | 596 | 596 | 596 | 596 | 596 | 596 | 596 | 596 | 596 | 596 | 446 | 446 | 446 | 446 | |
29/58 |
118,783 | 173,857 | 189,558 | 188,576 | 182,661 | 78,899 | 249,310 | 97,780 | 64,500 | 104,371 | 85,797 | 92,958 | 110,537 | 209,383 | 149,814 | 208,299 | 978 | 978 | |
3 |
- | 41,000 | 85,000 | - | 110,000 | 25,000 | 70,000 | 25,000 | - | 8,500 | 6,000 | 6,000 | - | 11,651 | - | - | - | - | |
30/36 |
- | - | - | - | 110,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
37 |
- | 41,000 | 85,000 | - | - | 25,000 | 70,000 | 25,000 | - | 8,500 | 6,000 | 6,000 | - | 11,651 | - | - | - | - | |
40/41 |
113,725 | 113,331 | 88,901 | 39,759 | 41,418 | 39,592 | 48,340 | 39,136 | 59,311 | 84,752 | 77,417 | 85,137 | 107,413 | 153,757 | 136,938 | 200,708 | - | - | |
40 |
38,736 | 38,736 | 47,316 | 38,736 | 39,136 | 39,136 | 47,400 | 39,136 | 39,136 | 49,865 | 38,845 | 42,615 | 42,718 | 38,850 | 39,061 | 113,902 | - | - | |
41 |
74,989 | 74,595 | 41,585 | 1,023 | 2,282 | 456 | 939 | - | 20,175 | 34,886 | 38,572 | 42,522 | 64,695 | 114,907 | 97,877 | 86,806 | - | - | |
50/53 |
2,500 | 2,500 | 2,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
2,558 | 17,026 | 13,157 | 148,773 | 31,076 | 14,060 | 130,773 | 32,992 | 5,181 | 10,047 | 2,185 | 1,383 | 2,094 | 43,053 | 11,727 | 6,177 | 493 | 493 | |
490/1 |
- | - | - | 44 | 167 | 246 | 197 | 652 | 8 | 1,073 | 195 | 438 | 1,031 | 922 | 1,149 | 1,414 | 485 | 485 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
138,208 | 194,117 | 208,157 | 201,523 | 200,391 | 102,542 | 279,173 | 135,730 | 110,537 | 158,131 | 148,352 | 150,156 | 184,164 | 257,750 | 170,881 | 225,666 | 7,731 | 7,731 | |
10/15 |
-120,776 | -97,641 | -79,552 | -62,488 | -76,277 | -47,505 | 51,292 | -23,748 | -25,867 | 47,358 | 57,333 | 92,728 | 88,756 | 59,182 | 59,023 | 12,430 | -1,875 | -1,657 | |
10/11 |
19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 6,350 | 6,350 | 6,350 | 6,350 | 6,350 | 6,350 | 6,350 | 6,350 | 6,350 | 6,350 | 6,350 | 6,350 | 6,350 | |
100 |
- | - | - | - | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | 19,000 | |
101 |
- | - | - | - | - | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | 12,650 | |
13 |
86,378 | 86,378 | 86,378 | 86,378 | 86,378 | 86,378 | 86,378 | 86,378 | 86,378 | 86,378 | 86,378 | 82,406 | 52,832 | 52,673 | 6,081 | 1,327 | 1,327 | 1,327 | |
130/1 |
1,900 | 1,900 | 1,900 | 1,900 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 635 | 635 | 635 | 635 | |
1311 |
1,900 | 1,900 | 1,900 | 1,900 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
84,478 | 84,478 | 84,478 | 84,478 | 84,478 | 84,478 | 84,478 | 84,478 | 84,478 | 84,478 | 84,478 | 80,506 | 50,932 | 50,773 | 5,446 | 692 | 692 | 692 | |
14 |
-226,154 | -203,019 | -184,930 | -167,866 | -181,655 | -140,232 | -41,435 | -116,476 | -118,595 | -45,369 | -35,394 | 3,972 | 29,574 | 159 | 46,592 | 4,753 | -9,552 | -9,334 | |
17/49 |
258,984 | 291,758 | 287,710 | 264,012 | 276,668 | 150,047 | 227,881 | 159,478 | 136,403 | 110,773 | 91,019 | 57,429 | 95,408 | 198,568 | 111,859 | 213,236 | 9,605 | 9,388 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | 925 | 6,298 | 11,379 | - | - | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | 925 | 6,298 | 11,379 | - | - | - | - | |
42/48 |
258,984 | 291,758 | 287,710 | 264,012 | 276,668 | 148,824 | 227,754 | 159,181 | 136,150 | 110,673 | 91,019 | 56,504 | 89,110 | 184,669 | 111,859 | 213,236 | 9,605 | 9,388 | |
42 |
- | 235,000 | - | - | 82,000 | - | - | - | - | - | 925 | 5,373 | 5,081 | 4,809 | - | - | - | - | |
43 |
- | - | - | - | - | - | - | - | - | 1,719 | 37,121 | 15,124 | 19,304 | 91 | 3,066 | 686 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | 1,719 | 37,121 | 15,124 | 19,304 | 91 | 3,066 | 686 | - | - | |
44 |
14,358 | 16,249 | 16,464 | 16,750 | 16,806 | 16,945 | 33,011 | 24,971 | 12,046 | 13,068 | 19,626 | 20,568 | 49,249 | 133,425 | 83,731 | 202,962 | - | - | |
440/4 |
14,358 | 16,249 | 16,464 | 16,750 | 16,806 | 16,945 | 33,011 | 24,971 | 12,046 | 13,068 | 19,626 | 20,568 | 49,249 | 133,425 | 83,731 | 202,962 | - | - | |
46 |
- | - | - | - | - | - | 50,000 | - | - | - | - | - | - | - | - | - | - | - | |
45 |
16,776 | 16,861 | 18,768 | 17,229 | 13,138 | 13,493 | 32,588 | 12,073 | 10,700 | 6,211 | - | 11,477 | 15,477 | 30,686 | 22,421 | 2,003 | 3 | 3 | |
450/3 |
76 | 161 | 2,068 | 529 | 1,238 | 1,593 | 19,488 | 173 | - | 2,611 | - | 11,477 | 15,477 | 30,686 | 22,421 | 2,003 | 3 | 3 | |
454/9 |
16,700 | 16,700 | 16,700 | 16,700 | 11,900 | 11,900 | 13,100 | 11,900 | 10,700 | 3,600 | - | - | - | - | - | - | - | - | |
47/48 |
227,850 | 23,648 | 252,478 | 230,033 | 164,724 | 118,386 | 112,155 | 122,137 | 113,404 | 89,675 | 33,347 | 3,962 | - | 15,658 | 2,641 | 7,584 | 9,602 | 9,385 | |
492/3 |
- | - | - | - | - | 1,223 | 127 | 298 | 253 | 100 | - | - | - | 2,520 | - | - | - | - | |
| Income statement | |||||||||||||||||||
70 |
- | - | - | - | - | 247,633 | 541,972 | 152,450 | 15,885 | 77,966 | 84,256 | 196,303 | 647,290 | 589,541 | 325,179 | 495,389 | - | - | |
9900 |
-7,044 | -13,336 | -13,175 | 23,604 | -28,854 | -90,376 | 86,338 | 15,922 | -51,169 | 5,627 | -18,033 | 34,058 | 74,915 | 22,669 | 75,465 | 24,126 | -85 | - | |
60/61 |
- | - | - | - | - | 338,009 | 455,634 | 136,528 | 67,054 | 72,338 | 102,289 | 162,245 | 572,376 | 566,872 | 249,715 | 471,263 | 85 | - | |
62 |
3,874 | - | 36 | - | 518 | 328 | 610 | - | - | - | 250 | 357 | - | 591 | - | 5,000 | - | - | |
630 |
1,748 | 2,281 | 1,180 | 4,784 | 5,913 | 6,220 | 8,087 | 8,087 | 9,046 | 8,795 | 9,001 | 16,998 | 17,138 | 13,920 | 2,867 | 1,393 | - | - | |
640/8 |
618 | 902 | 780 | 2,088 | 5,635 | 717 | 1,788 | 2,879 | 2,128 | 2,263 | 2,093 | 2,171 | 2,193 | 4,933 | 2,249 | 718 | 133 | 201 | |
66A |
281 | 392 | 921 | - | - | 931 | 350 | 2,420 | 10,729 | 578 | 1,272 | 4,221 | 1,600 | 1,439 | 224 | - | - | - | |
9901 |
-13,565 | -16,911 | -16,092 | 16,733 | -40,920 | -98,573 | 75,504 | 2,537 | -62,342 | -5,431 | -29,377 | 14,533 | 55,583 | 3,225 | 70,349 | 17,015 | -217 | -201 | |
75/76B |
- | - | - | - | - | - | - | - | - | 799 | - | 1 | 69 | 2,052 | 744 | 31 | - | 8 | |
75 |
- | - | - | - | - | - | - | - | - | 799 | - | 1 | 69 | 2,052 | 744 | 31 | - | 8 | |
65/66B |
9,570 | 1,177 | 972 | 2,944 | 503 | 231 | 179 | 137 | 156 | 4,492 | 4,746 | 3,035 | 650 | 2,011 | 1,856 | 733 | - | 69 | |
65 |
9,570 | 1,177 | 972 | 2,944 | 503 | 231 | 179 | 137 | 156 | 4,492 | 4,746 | 3,035 | 650 | 2,011 | 1,856 | 733 | - | 69 | |
9903 |
-23,135 | -18,088 | -17,064 | 13,789 | -41,423 | -98,803 | 75,325 | 2,399 | -73,227 | -9,702 | -35,395 | 7,278 | 53,402 | 1,827 | 69,013 | 16,313 | -217 | -262 | |
67/77 |
- | - | - | - | - | -6 | 284 | 281 | -2 | 273 | -0 | 3,306 | 23,828 | 1,668 | 22,421 | 2,008 | - | - | |
9904 |
-23,135 | -18,088 | -17,064 | 13,789 | -41,423 | -98,797 | 75,041 | 2,119 | -73,225 | -9,975 | -35,394 | 3,972 | 29,574 | 159 | 46,592 | 14,305 | -217 | -262 | |
9905 |
-23,135 | -18,088 | -17,064 | 13,789 | -41,423 | -98,797 | 75,041 | 2,119 | -73,225 | -9,975 | -35,394 | 3,972 | 29,574 | 159 | 46,592 | 14,305 | -217 | -262 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-226,154 | -203,019 | -184,930 | -167,866 | -181,655 | -140,232 | -41,435 | -116,476 | -118,595 | -45,369 | -31,423 | 33,546 | 29,733 | 46,752 | 51,346 | 4,753 | -9,552 | -9,334 | |
14P |
-203,019 | -184,930 | -167,866 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 3,972 | 29,574 | 159 | 46,592 | 4,753 | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,265 | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | - | - | - | 3,972 | 29,574 | 159 | 45,327 | 4,753 | - | - | - | |
| Document | |||||||||||||||||||
The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 10 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 2023 (PDF), filed on 04-03-2025.
2023 annual accounts filed 216 days after the deadline. Filed on 4 March 2025, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2025-00043822.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | abbreviated format | 04-03-2025 | 2025-00043822 | |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00430964 | |
| 31-12-2021 | abbreviated format | 19-08-2022 | 2022-20304316 | |
| 31-12-2020 | abbreviated format | 11-08-2021 | 2021-48200520 | |
| 31-12-2019 | abbreviated format | 14-08-2020 | 2020-41500420 | |
| 31-12-2018 | abbreviated format | 21-08-2019 | 2019-50100008 | |
| 31-12-2017 | abbreviated format | 23-08-2018 | 2018-49900023 | |
| 31-12-2016 | abbreviated format | 21-08-2017 | 2017-45900075 | |
| 31-12-2015 | abbreviated format | 25-08-2016 | 2016-48400422 | |
| 31-12-2014 | abbreviated format | 24-08-2015 | 2015-46800254 | |
| 31-12-2013 | abbreviated format | 21-08-2014 | 2014-46100441 | |
| 31-12-2012 | abbreviated format | 19-08-2013 | 2013-43800173 | |
| 31-12-2011 | abbreviated format | 20-08-2012 | 2012-43400222 | |
| 31-12-2010 | abbreviated format | 18-08-2011 | 2011-41500509 | |
| 31-12-2009 | abbreviated format | 23-08-2010 | 2010-44900160 | |
| 31-12-2008 | abbreviated format | 31-08-2009 | 2009-72700230 | |
| 31-12-2007 | abbreviated format | 20-08-2008 | 2008-58700065 | |
| 31-12-2006 | abbreviated format | 27-08-2007 | 2007-64700239 | |
| 31-12-2005 | abbreviated format | 30-08-2006 | 2006-68000254 | |
| 31-12-2004 | abbreviated format | 29-09-2005 | 2005-72500243 | |
| 31-12-2003 | abbreviated format | 26-11-2004 | 2004-80600198 | |
| 31-12-2002 | abbreviated format | 04-08-2003 | 2003-54100014 | |
| 31-12-2001 | abbreviated format | 19-09-2002 | 2002-56400190 |
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -11,817 | -14,630 | -14,912 | 21,516 | -35,007 | -92,353 | 83,591 | 10,623 | -53,296 | 3,364 | -20,376 | 31,530 | 72,721 | 17,146 | 73,216 | 18,408 | - | - | ||
| -21,387 | -15,807 | -15,884 | 18,573 | -35,510 | -92,577 | 83,127 | 10,205 | -64,180 | -1,180 | -26,393 | 20,970 | 46,712 | 14,080 | 49,459 | 15,698 | - | - | ||
| 1,360 | 4,392 | 6,832 | 0 | 0 | 0 | 0 | -376 | 1,321 | 0 | 14,357 | 569 | 43,231 | 41,220 | 6,568 | 12,008 | - | - | ||
| -14,468 | 3,869 | -135,616 | 117,697 | 17,015 | -116,713 | 97,781 | 27,811 | -4,865 | 7,862 | 802 | -711 | -40,959 | 31,326 | 5,550 | 5,684 | 0 | - | ||
| -140,201 | -117,901 | -98,151 | -75,435 | -94,008 | -69,925 | 21,556 | -61,400 | -71,650 | -6,303 | -5,222 | 36,454 | 21,427 | 24,714 | 37,955 | -4,936 | -8,627 | -8,409 | ||
| - | - | - | - | - | -39.8% | 13.9% | 1.7% | - | -7.0% | -34.9% | 7.4% | 8.6% | 0.5% | 21.6% | 3.4% | - | - | ||
| -87.4% | -50.3% | -38.2% | -31.0% | -38.1% | -46.3% | 18.4% | -17.5% | -23.4% | 29.9% | 38.6% | 61.8% | 48.2% | 23.0% | 34.5% | 5.5% | -24.3% | -21.4% | ||
| 0.46 | 0.60 | 0.66 | 0.71 | 0.66 | 0.53 | 1.09 | 0.61 | 0.47 | 0.94 | 0.94 | 1.65 | 1.24 | 1.13 | 1.34 | 0.98 | 0.10 | 0.10 | ||
| 0.46 | 0.46 | 0.36 | 0.71 | 0.26 | 0.36 | 0.79 | 0.46 | 0.47 | 0.87 | 0.88 | 1.54 | 1.24 | 1.07 | 1.34 | 0.98 | 0.10 | 0.10 | ||
| - | - | - | - | - | - | 4.44 | - | - | 2.34 | 1.59 | 0.62 | 1.07 | 3.36 | 1.90 | 17.15 | - | - | ||
| - | - | - | - | - | - | 146.3% | - | - | -21.1% | -61.7% | 4.3% | 33.3% | 0.3% | 78.9% | 115.1% | - | - | ||
| -16.7% | -9.3% | -8.2% | 6.8% | -20.7% | -96.3% | 26.9% | 1.6% | -66.2% | -6.3% | -23.9% | 2.6% | 16.1% | 0.1% | 27.3% | 6.3% | -2.8% | -3.4% | ||
| -1.23 | -12.43 | -15.34 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | 58 days | 32 days | 94 days | 899 days | 233 days | 168 days | 79 days | 24 days | 24 days | 44 days | 84 days | - | - | ||
| - | - | - | - | - | 18 days | 26 days | 67 days | 66 days | 66 days | 70 days | 46 days | 31 days | 86 days | 122 days | 157 days | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | €1,360 | €4,392 | €1,032 |
| Intangible fixed assets | - | - | €5,500 |
| Financial fixed assets | - | - | €300 |
| €1,748 | €2,281 | €1,180 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
The operating result for 2023 is a loss of €13,565, smaller than the loss of €16,911 in 2022.
Equity is negative. Debt (€258,984) exceeds the balance-sheet total (€138,208).
F-PROJECTS has no parent and no holdings in its annual accounts.
| JM-PROJECTS via Engel Maurice, at F-PROJECTS until 2025 · Director · deed of 10-03-2021 No longer active |
founded in 2021 |
The network starts from the earlier ties.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
F-PROJECTS is no longer in the KBO register.
If something looks wrong or is missing, please tell us.