FAR EAST PROJECTS (0543.789.621): financials and annual accounts

FAR EAST PROJECTS

Antwerp ·KBO/BCE: BE 0543.789.621

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Balance sheet: assets
Total assets`20/58`	206,456	2.0m	2.0m	2.0m	2.0m	1.8m	1.7m	2.3m	5.6m	2.6m	545,689	240,412
Fixed assets`21/28`	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	22,189
Financial fixed assets`28`	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	22,189
Affiliated companies`280/1`	-	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	22,189
Participating interests`280`	-	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	23,689	22,189
Current assets`29/58`	182,767	2.0m	1.9m	1.9m	1.9m	1.8m	1.7m	2.3m	5.6m	2.5m	522,000	218,223
Amounts receivable within one year`40/41`	177,473	2.0m	1.9m	1.9m	1.9m	1.8m	1.7m	1.7m	5.0m	2.2m	434,276	216,963
Trade receivables`40`	127,303	359,400	292,200	292,200	216,600	115,800	15,000	55,000	3,000	58,610	137,812	216,512
Other amounts receivable`41`	50,169	1.7m	1.6m	1.6m	1.7m	1.6m	1.6m	1.6m	5.0m	2.1m	296,464	452
Cash at bank and in hand`54/58`	5,295	8,622	15,119	5,182	49,580	51,986	53,781	633,942	578,948	359,546	87,724	1,260
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	206,456	2.0m	2.0m	2.0m	2.0m	1.8m	1.7m	2.3m	5.6m	2.6m	545,689	240,412
Equity`10/15`	97,259	1.8m	1.7m	1.7m	1.7m	1.7m	1.7m	1.8m	2.3m	250,144	105,791	64,741
Contributions`10/11`	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000
Issued capital`100`	-	-	-	-	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000
Reserves`13`	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000
Non-distributable reserves`130/1`	3,000	3,000	3,000	3,000	3,000	3,000	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000
Reserves not available under the articles`1311`	3,000	3,000	3,000	3,000	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	64,259	1.7m	1.7m	1.7m	1.7m	1.7m	1.7m	1.8m	2.3m	217,144	72,791	31,741
Amounts payable`17/49`	109,198	292,108	225,273	220,433	229,802	102,303	9,136	509,136	3.3m	2.3m	439,898	175,671
Amounts payable within one year`42/48`	109,198	292,108	225,273	220,433	229,802	102,303	9,136	509,136	3.3m	2.3m	439,898	174,802
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	75,000	75,000
Other loans`439`	-	-	-	-	-	-	-	-	-	-	75,000	75,000
Trade debts`44`	109,198	287,051	221,173	215,618	226,802	99,703	9,136	9,136	29,507	33,284	24,398	80,802
Suppliers`440/4`	109,198	287,051	221,173	215,618	226,802	99,703	9,136	9,136	29,507	33,284	24,398	80,802
Taxes, remuneration and social security`45`	0	5,058	4,100	4,815	3,000	2,600	-	-	203,757	88,000	19,000	19,000
Taxes`450/3`	0	5,058	4,100	4,815	3,000	2,600	-	-	203,757	88,000	19,000	19,000
Other amounts payable`47/48`	-	-	-	-	-	-	-	500,000	3.1m	2.2m	321,500	-
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	-	-	869
Income statement
Operating income`70/76A`	-	100,800	100,800	100,800	100,800	100,800	20,000	230,000	642,000	542,110	189,000	140,200
Turnover`70`	-	100,800	100,800	100,800	100,800	100,800	20,000	230,000	642,000	542,110	189,000	140,200
Gross operating margin`9900`	10,041	-	-	-	-	-	-	-	-	-	-	-
Operating charges`60/66A`	-	94,097	93,136	91,891	92,851	91,982	105,987	205,450	296,523	372,209	246,886	85,565
Goods for resale, raw materials and consumables`60`	-	-	-	-	-	-	-	-	-	5,110	-	-
Purchases`600/8`	-	-	-	-	-	-	-	-	-	5,110	-	-
Services and other goods`61`	-	93,006	92,159	90,921	91,446	91,882	105,021	204,486	296,081	366,260	246,246	85,125
Other operating charges`640/8`	1,248	1,091	977	970	1,405	100	966	964	442	840	641	440
Operating profit (loss)`9901`	8,792	6,703	7,664	8,910	7,949	8,818	-85,987	24,550	345,477	169,900	-57,886	54,636
Financial income`75/76B`	0	-	-	9	-	-	-	-	5.0m	2.3m	420,000	-
Recurring financial income`75`	0	-	-	9	-	-	-	-	5.0m	2.3m	420,000	-
Income from financial fixed assets`750`	-	-	-	-	-	-	-	-	-	2.3m	420,000	-
Income from current assets`751`	-	-	-	-	-	-	-	-	-	12,774	-	-
Other financial income`752/9`	-	-	-	9	-	-	-	-	5.0m	414	-	-
Financial charges`65/66B`	292	555	775	379	140	260	212	233	313	1,342	1,064	894
Recurring financial charges`65`	292	555	775	379	140	260	212	233	313	1,342	1,064	894
Debt charges`650`	-	555	775	379	140	260	212	233	-	1,194	755	869
Other financial charges`652/9`	-	-	-	-	-	-	-	-	313	148	309	25
Profit (loss) for the period before taxes`9903`	8,501	6,148	6,888	8,539	7,809	8,558	-86,199	24,316	5.3m	2.4m	361,050	53,741
Income taxes`67/77`	0	958	1,800	4,787	400	2,600	-	6,438	203,448	87,393	-	19,000
Taxes`670/3`	-	958	1,800	4,815	400	2,600	-	6,438	203,448	88,000	-	19,000
Tax adjustments and reversals of tax provisions`77`	-	-	-	27	-	-	-	-	-	607	-	-
Profit (loss) for the period`9904`	8,501	5,190	5,088	3,752	7,409	5,958	-86,199	17,878	5.1m	2.3m	361,050	34,741
Profit (loss) for the period to be appropriated`9905`	8,501	5,190	5,088	3,752	7,409	5,958	-86,199	17,878	5.1m	2.3m	361,050	34,741
Appropriation of the result
Profit (loss) to be appropriated`9906`	64,259	1.7m	1.7m	1.7m	1.7m	1.7m	1.7m	2.3m	5.4m	2.4m	392,791	34,741
Profit (loss) brought forward from the previous period`14P`	55,758	1.7m	1.7m	1.7m	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	3,000
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	3,000
Profit to be distributed`694/7`	0	-	-	-	-	-	-	500,000	3.1m	2.2m	320,000	-
Return on contributions (dividend)`694`	0	-	-	-	-	-	-	500,000	3.1m	2.2m	320,000	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	22-07-2026	2026-00324201	PDF
31-07-2025	full format	13-01-2026	2026-00006853	PDF
31-07-2024	full format	13-02-2025	2025-00034316	PDF
31-07-2023	full format	08-07-2024	2024-00222555	PDF
31-07-2022	full format	30-08-2023	2023-00380545	PDF
31-07-2021	full format	22-03-2022	2022-08200561	PDF
31-07-2020	full format	15-04-2021	2021-10500287	PDF
31-07-2019	full format	08-04-2020	2020-09000124	PDF
31-07-2018	full format	28-01-2019	2019-02400359	PDF
31-07-2017	full format	06-12-2017	2017-71200550	PDF
31-07-2016	full format	06-01-2017	2017-00900246	PDF
31-07-2015	full format	25-11-2015	2015-67500486	PDF
31-12-2014	full format	29-07-2015	2015-36000461	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Investment in fixed assets	-	-	-	-	-	-	-	-	-	-	1,500	22,189
Change in cash	-3,327	-6,497	9,937	-44,398	-2,406	-1,796	-580,160	54,993	219,403	271,822	86,464	-
Working capital	73,570	1.7m	1.7m	1.7m	1.7m	1.7m	1.7m	1.8m	2.3m	226,455	82,102	43,422
EBIT margin	-	6.6%	7.6%	8.8%	7.9%	8.7%	-	10.7%	53.8%	31.3%	-30.6%	39.0%
Solvency	47.1%	85.7%	88.6%	88.8%	88.3%	94.4%	99.5%	78.0%	40.7%	9.7%	19.4%	26.9%
Current ratio	1.67	6.91	8.64	8.79	8.46	17.67	-	4.51	1.68	1.10	1.19	1.25
Debt to equity	1.12	0.17	0.13	0.13	0.13	0.06	0.01	0.28	1.45	9.28	4.16	2.71
ROE	8.7%	0.3%	0.3%	0.2%	0.4%	0.3%	-5.0%	1.0%	224.3%	937.2%	341.3%	53.7%
ROA	4.1%	0.3%	0.3%	0.2%	0.4%	0.3%	-5.0%	0.8%	91.4%	91.2%	66.2%	14.5%
Customer credit	-	1301 days	1058 days	1058 days	784 days	419 days	274 days	87 days	2 days	39 days	266 days	564 days
Supplier credit	-	1127 days	876 days	866 days	905 days	396 days	32 days	16 days	36 days	33 days	36 days	346 days

FAR EAST PROJECTS

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency47.1%

Current ratio1.67

Return on assets4.1%

Filed annual accounts

Filings

Key figures and ratios

Insights on FAR EAST PROJECTS

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