FD PROJECTS
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€276,870
▼ 8.5%
€252,418
▼ 9.2%
€187,975
▼ 9.5%
€674,491
▲ 20.2%
83.2%
▲ 3.0 percentage points
5.67
▲ 1.01
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €400,000. Estimated: probably between €330,000 and €690,000.
Balance sheet
balance sheet total €860,409 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
83.2%
Higher than 81% of 39,364 companies in 2025.
5.67
Higher than 81% of 38,048 companies in 2025.
21.8%
Higher than 61% of 38,520 companies in 2025.
FD PROJECTS
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · 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 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
860,409 | 773,820 | 820,589 | 869,352 | 694,515 | 700,443 | 789,937 | 690,186 | 349,503 | 230,333 | 196,620 | 144,340 | 65,491 | 48,468 | |
21/28 |
41,339 | 59,340 | 80,401 | 100,560 | 6,465 | 14,757 | 29,968 | 44,754 | 59,032 | 1,983 | 2,802 | 1,673 | 390 | 391 | |
22/27 |
41,339 | 59,340 | 80,401 | 100,560 | 6,465 | 14,757 | 29,968 | 44,754 | 59,032 | 1,983 | 2,802 | 1,673 | 390 | 391 | |
22 |
36,170 | 49,347 | 66,131 | 82,914 | - | - | - | - | - | - | - | - | - | - | |
23 |
1,664 | 2,904 | 4,143 | 5,383 | - | - | - | - | - | - | - | - | - | - | |
24 |
3,505 | 7,089 | 10,127 | 12,263 | 6,465 | 14,757 | 29,968 | 44,754 | 59,032 | 1,983 | 2,802 | 1,673 | 390 | 391 | |
29/58 |
819,069 | 714,480 | 740,188 | 768,792 | 688,050 | 685,686 | 759,969 | 645,432 | 290,471 | 228,350 | 193,818 | 142,667 | 65,101 | 48,077 | |
29 |
411,000 | 411,000 | 418,000 | 418,000 | 386,000 | 344,000 | 170,000 | 95,000 | 40,000 | 40,000 | - | - | - | - | |
291 |
411,000 | 411,000 | 418,000 | 418,000 | 386,000 | 344,000 | 170,000 | 95,000 | 40,000 | 40,000 | - | - | - | - | |
40/41 |
264,612 | 233,950 | 295,302 | 37,354 | 41,804 | 46,846 | 82,804 | 103,844 | 17,574 | 38,831 | 30,228 | 21,117 | 11,443 | 10,836 | |
40 |
14,478 | 15,595 | 17,122 | 23,619 | 18,237 | 26,883 | 30,225 | 4,854 | 11,020 | 12,406 | 10,975 | 11,362 | 11,443 | 10,836 | |
41 |
250,134 | 218,355 | 278,179 | 13,735 | 23,567 | 19,963 | 52,579 | 98,990 | 6,554 | 26,425 | 19,253 | 9,755 | - | - | |
54/58 |
143,458 | 69,530 | 24,790 | 309,246 | 260,246 | 294,840 | 507,165 | 446,588 | 232,897 | 149,519 | 163,590 | 121,550 | 53,658 | 36,642 | |
490/1 |
- | - | 2,096 | 4,192 | - | - | - | - | - | - | - | - | - | 599 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
860,409 | 773,820 | 820,589 | 869,352 | 694,515 | 700,443 | 789,937 | 690,186 | 349,503 | 230,333 | 196,620 | 144,340 | 65,491 | 48,468 | |
10/15 |
715,830 | 620,282 | 520,670 | 669,274 | 626,016 | 628,791 | 593,830 | 550,432 | 289,024 | 193,642 | 142,707 | 85,394 | 20,510 | 39,640 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
697,180 | 601,632 | 502,020 | 650,624 | 607,366 | 610,141 | 575,180 | 531,782 | 270,374 | 174,992 | 124,057 | 66,744 | 1,860 | 1,860 | |
130/1 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
133 |
697,180 | 601,632 | 502,020 | 650,624 | 605,506 | 608,281 | 573,320 | 529,922 | 268,514 | 173,132 | 122,197 | 64,884 | - | - | |
14 |
50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 19,180 | |
17/49 |
144,578 | 153,538 | 299,919 | 200,078 | 68,499 | 71,652 | 196,107 | 139,754 | 60,479 | 36,691 | 53,913 | 58,946 | 44,981 | 8,828 | |
17 |
- | - | - | - | - | - | - | 8,512 | 28,703 | - | - | - | - | - | |
170/4 |
- | - | - | - | - | - | - | 8,512 | 28,703 | - | - | - | - | - | |
42/48 |
144,578 | 153,538 | 299,919 | 200,078 | 68,499 | 71,652 | 196,107 | 131,242 | 31,776 | 36,691 | 53,913 | 58,946 | 44,981 | 8,828 | |
42 |
- | - | - | - | - | - | 8,511 | 20,191 | 19,861 | - | - | - | - | - | |
44 |
2,429 | 3,274 | 3,214 | 81,419 | 3,631 | 500 | 3,464 | 465 | 432 | 109 | 391 | 2,078 | 2,224 | - | |
440/4 |
2,429 | 3,274 | 3,214 | 81,419 | 3,631 | 500 | 3,464 | 465 | 432 | 109 | 391 | 2,078 | 2,224 | - | |
45 |
49,722 | 42,138 | 35,296 | 23,278 | 13,368 | 13,686 | 114,299 | 110,586 | 11,483 | 14,825 | 48,405 | 45,955 | 2,185 | 8,580 | |
450/3 |
46,858 | 38,957 | 32,208 | 20,114 | 11,225 | 10,957 | 111,609 | 110,586 | 11,483 | 12,328 | 48,405 | 45,955 | 2,185 | 8,580 | |
454/9 |
2,864 | 3,181 | 3,088 | 3,164 | 2,143 | 2,729 | 2,690 | - | - | 2,497 | - | - | - | - | |
47/48 |
92,427 | 108,126 | 261,408 | 95,381 | 51,500 | 57,466 | 69,833 | - | - | 21,757 | 5,117 | 10,913 | 40,572 | 248 | |
| Income statement | |||||||||||||||
9900 |
276,870 | 302,744 | 167,182 | 188,380 | 75,976 | 141,411 | 178,468 | 419,747 | 181,446 | 85,794 | 95,854 | 111,279 | 30,845 | 31,301 | |
630 |
22,000 | 22,201 | 21,792 | 5,160 | 15,352 | 15,212 | 15,213 | 15,657 | 16,009 | 1,397 | 1,306 | 681 | 305 | 221 | |
640/8 |
2,451 | 2,628 | 2,090 | 2,612 | 2,208 | 1,742 | 3,315 | 2,519 | 3,441 | 2,399 | 1,759 | 1,256 | 1,079 | 907 | |
66A |
- | - | - | - | - | - | - | - | 777 | - | - | - | - | - | |
9901 |
252,418 | 277,915 | 143,299 | 180,607 | 58,416 | 124,457 | 159,940 | 401,571 | 161,219 | 81,998 | 92,789 | 109,342 | 29,461 | 30,173 | |
75/76B |
21,258 | 23,351 | 19,303 | 11,565 | 11,123 | 9,633 | 3,577 | 4,650 | 600 | 101 | 208 | 94 | - | 62 | |
75 |
21,258 | 23,351 | 19,303 | 11,565 | 11,123 | 9,633 | 3,577 | 4,650 | 600 | 101 | 208 | 94 | - | 62 | |
65/66B |
123 | 75 | 48 | 48 | 48 | 115 | 725 | 772 | 689 | 548 | 1,211 | 1,154 | 834 | 1,083 | |
65 |
123 | 75 | 48 | 48 | 48 | 115 | 725 | 772 | 689 | 548 | 1,211 | 1,154 | 834 | 1,083 | |
9903 |
273,554 | 301,191 | 162,554 | 192,124 | 69,491 | 133,975 | 162,792 | 405,449 | 161,130 | 81,551 | 91,786 | 108,282 | 28,627 | 29,152 | |
67/77 |
85,578 | 93,453 | 49,750 | 53,485 | 21,327 | 41,549 | 54,666 | 144,042 | 65,748 | 30,616 | 34,473 | 43,398 | 7,757 | 8,112 | |
9904 |
187,975 | 207,738 | 112,805 | 138,638 | 48,164 | 92,426 | 108,126 | 261,407 | 95,382 | 50,935 | 57,313 | 64,884 | 20,870 | 21,040 | |
9905 |
187,975 | 207,738 | 112,805 | 138,638 | 48,164 | 92,426 | 108,126 | 261,407 | 95,382 | 50,935 | 57,313 | 64,884 | 20,870 | 21,040 | |
| Appropriation of the result | |||||||||||||||
9906 |
188,025 | 207,787 | 112,855 | 138,688 | 48,214 | 92,476 | 108,176 | 261,457 | 95,432 | 50,985 | 57,363 | 64,934 | 40,050 | 21,040 | |
14P |
50 | 50 | 50 | 50 | 50 | - | - | - | - | - | - | - | - | - | |
791/2 |
92,427 | 108,126 | 261,408 | 95,381 | 50,940 | 57,465 | 64,728 | - | - | - | - | - | - | - | |
691/2 |
187,975 | 207,738 | 112,805 | 138,638 | 48,164 | 92,426 | 108,126 | 261,407 | 95,382 | 50,935 | 57,313 | 64,884 | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
187,975 | 207,738 | 112,805 | 138,638 | 48,164 | 92,426 | 108,126 | 261,407 | 95,382 | 50,935 | 57,313 | 64,884 | - | - | |
694/7 |
92,427 | 108,126 | 261,408 | 95,381 | 50,940 | 57,465 | 64,728 | - | - | - | - | - | 40,000 | - | |
694 |
92,427 | 108,126 | 261,408 | 95,381 | 50,940 | 57,465 | 64,728 | - | - | - | - | - | 40,000 | - | |
| Document | |||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00242485 | |
| 31-12-2024 | micro format | 24-07-2025 | 2025-00310417 | |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00270792 | |
| 31-12-2022 | micro format | 11-08-2023 | 2023-00328679 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20087666 | |
| 31-12-2020 | micro format | 16-08-2021 | 2021-48900098 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-23800576 | |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49700028 | |
| 31-12-2017 | micro format | 27-06-2018 | 2018-24200133 | |
| 31-12-2016 | micro format | 18-07-2017 | 2017-32700506 | |
| 31-12-2015 | abbreviated format | 15-07-2016 | 2016-31800447 | |
| 31-12-2014 | abbreviated format | 20-07-2015 | 2015-32200041 | |
| 31-12-2013 | abbreviated format | 17-06-2014 | 2014-18100245 | |
| 31-12-2012 | abbreviated format | 18-07-2013 | 2013-31800398 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 274,419 | 300,116 | 165,091 | 185,767 | 73,768 | 139,669 | 175,153 | 417,228 | 177,228 | 83,395 | 94,095 | 110,023 | 29,766 | 30,394 | ||
| 209,976 | 229,939 | 134,596 | 143,799 | 63,516 | 107,638 | 123,339 | 277,064 | 111,391 | 52,332 | 58,619 | 65,565 | 21,175 | 21,261 | ||
| 4,000 | 1,140 | 1,633 | 99,255 | 7,061 | 1 | 427 | 1,379 | 78,335 | 578 | 2,436 | 1,964 | 304 | 612 | ||
| 73,927 | 44,740 | -284,456 | 49,000 | -34,594 | -212,325 | 60,577 | 213,691 | 83,378 | -14,071 | 42,040 | 67,892 | 17,016 | - | ||
| 674,491 | 560,942 | 440,269 | 568,714 | 619,551 | 614,034 | 563,862 | 514,190 | 258,695 | 191,659 | 139,905 | 83,721 | 20,120 | 39,249 | ||
| 83.2% | 80.2% | 63.5% | 77.0% | 90.1% | 89.8% | 75.2% | 79.8% | 82.7% | 84.1% | 72.6% | 59.2% | 31.3% | 81.8% | ||
| 5.67 | 4.65 | 2.47 | 3.84 | 10.04 | 9.57 | 3.88 | 4.92 | 9.14 | 6.22 | 3.60 | 2.42 | 1.45 | 5.45 | ||
| 0.20 | 0.25 | 0.58 | 0.30 | 0.11 | 0.11 | 0.33 | 0.25 | 0.21 | 0.19 | 0.38 | 0.69 | 2.19 | 0.22 | ||
| 26.3% | 33.5% | 21.7% | 20.7% | 7.7% | 14.7% | 18.2% | 47.5% | 33.0% | 26.3% | 40.2% | 76.0% | 101.8% | 53.1% | ||
| 21.8% | 26.8% | 13.7% | 15.9% | 6.9% | 13.2% | 13.7% | 37.9% | 27.3% | 22.1% | 29.1% | 45.0% | 31.9% | 43.4% | ||
| over 100 | over 100 | 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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,000 | €1,140 | €1,633 | €99,255 | €7,061 |
| €22,000 | €22,201 | €21,792 | €5,160 | €15,352 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FD PROJECTS
The operating result for 2025 is 9% lower than in 2024.
Debt's share of the balance-sheet total falls from 19.8% to 16.8%. Equity is higher and debt is lower.