Skip to content

I - PROJECTS

Active Private limited companyfounded 1990active for 36 yearsSteenstraat 6A, 2180 AntwerpKBO/BCE: BE 0454.987.309 subsidiary of GROEP SWINNEN

Overview

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1991
peak €6.5m (2021)
€967,313▲ 51.5%
lowest -€626,788 (2023)
€724,114▲ 331%
peak €8.8m (2015)
€5.8m▲ 14.3%
€14.0m▲ 196%
peak 1.2 FTE (2009)
0.8 FTEunchanged
Board4 names since 2014
2 directorsGroep Swinnen BVBA and 1 other
Owners
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from €638,625 to €967,313Result from €167,993 to €724,114Equity from €5.1m to €5.8mDebts from €4.7m to €14.0mInvestments €9.1mCash from €10,005 to €125,056

Key points

from the 2025 annual accounts

Result

€724,114 ▲ 331%
€168,0002024€724,0002025

The result rose in 2025 from €167,993 to €724,114.

Turnover

≈ €1.7m estimated

The accounts state no turnover.

Debts

€14.0m ▲ 196%
Financial debts
+8.5
Advances received
+0.2
Suppliers
+0.09
The rest
+0.5

Debts rose by €9.2m in 2025.

Investments

€9.4m 42.4 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 258.6% higher than in 2024.

Board

1 joined

New director. Latest change 01-01-2026 · 2 in office.

Position in the sector

€724,114

Higher net result than 95% of companies in real estate. Sector median €9,997 · 11,290 companies.

Checked score

94
Excellent
Financially stronger than 53% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Average

52-16equity 26.9% of total assets
51+1short-term debt 6.4% · cash 0.6%
45+8return on assets 3.4%

Score breakdown

raises risk
Liquidity: current ratio 5.38, cash €125,056
lowers risk
Size: 0.8 FTE, total assets €21.5m
Founded in 1990
Figures for financial year 2025 (filed on 16-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 46% of them on solvency, 55% on liquidity, 39% on profitability and 71% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 3,984 companies had the same profile as I - PROJECTS has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of I - PROJECTS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,984 companies, not a prediction for I - PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €500,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.38 (8.28 in 2024), above the usual 1.5. Short-term debt is 6.4% and cash 0.6% of total assets. However, 73.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: 0.8 FTE, total assets €21.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 5.38, cash €125,056
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €5.8m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
18 days late
2023
29 days early
2022
32 days early
2021
34 days early
2020
18 days early
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0454987309
Appointment: Inge Ibens (director) General meeting of 31-12-2025 · Gazette deed
Capital decrease of €270,000 to €179,722.81 Capital from €449,722.81 to €179,722.81 · Resignations: SWINNEN Eric Dominique Maria Alfons (director) and GROEP SWINNEN (director) · Permanent representative: SWINNEN Eric Dominique Maria Alfons · General meeting of 21-09-2022 · Gazette deed
1 director appointed, 2 reappointments Reappointments: Groep Swinnen BVBA and Swinnen Eric (managing director) · Permanent representative: Swinnen Eric · Appointment: Groep Swinnen BVBA (chair of the board) · General meeting of 04-05-2019 · Gazette deed
All 52 events

Comparable companies

same main activity, similar in size and age
Company
I - PROJECTS Antwerp €21.5m €1.0m 26.9% 0.8
FREDERIK EN ISABELLE DOSSCHE MANAGEMENT Ghent €17.6m €0.6m 34.1% 0.8
CONCORDE Wervik €13.6m €0.9m 50.4% 1
ROX IMMO Theux €12.8m €0.7m 22.2% 1
NETEBEEMDEN Mol €21.6m €1.5m 40.3% 1.5
ARCADE Liège €10.3m €1.1m 24.1% 1
ANMOCAL & CO Waasmunster €10.9m €1.3m 55.8% 0.7

These companies have the same main activity as I - PROJECTS: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €10m and €22m, founded between 1982 and 1993.

Official details

Source: KBO
Status
Active since 03-10-1990Normal situation
Activity
Buying and selling of own real estateNACE 68110and 2 others
Joint committees
200Auxiliary committee for white-collar workers
100Auxiliary committee for blue-collar workers · annual accounts 2024
Establishment unit
2.051.589.3922180 Antwerp, since 20-02-1991
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€967,313▲ 51.5%
€724,114▲ 331%
€5.8m▲ 14.3%
€21.5m▲ 80.9%
Employeeson 31-12-2025
1=
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

Insights on I - PROJECTS

I - PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from €114,077 in 2006 to €967,313 in 2025.

The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.

GROEP SWINNEN holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 16-07-2026, 15 days before the deadline
€967,313
▲ 51.5%
€535,923
▲ 119%
€724,114
▲ 331%
€6.1m
▲ 2.5%
26.9%
▼ 15.7 percentage points
5.38
▼ 2.90

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.7m. Estimated: probably between €1.3m and €2.8m.

Balance sheet

balance sheet total €21.5m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

26.9%

Higher than 46% of 11,299 companies in 2025.

5.38

Higher than 85% of 10,851 companies in 2025.

3.4%

Higher than 67% of 11,184 companies in 2025.

I - PROJECTS Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half

Staff

€65,584

Staff costs divided by the average number of full-time equivalents.

Blue and white collar

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 21.5m11.9m12.4m8.3m8.7m9.2m9.0m9.0m9.1m9.3m9.4m2.9m3.9m3.9m4.4m6.8m5.9m2.4m2.3m2.4m
21/28 14.1m5.2m5.6m1.0m1.2m8.5m8.2m8.3m8.3m8.3m8.4m1.5m1.6m1.6m1.6m3.6m4.3m945,741899,225947,707
22/27 14.0m4.9m4.9m292,755315,2118.5m8.2m8.3m8.3m8.3m8.4m1.5m1.6m1.6m1.6m3.5m4.2m850,741899,225947,707
22 13.9m4.9m4.9m290,744314,4648.5m8.2m8.3m8.3m8.3m8.4m1.5m1.5m1.6m1.6m3.5m4.1m805,383850,378895,370
23 52,73614,70514,9601,239746-------110165238535891---
24 34,7022,5922,327772----------------
26 58,66311,873--01,7455,2348,72312,21215,70119,19022,67926,16829,65734,89138,38041,86945,35848,84752,337
28 16,696270,917664,736714,385837,500----------95,00095,00095,000--
29/58 7.4m6.7m6.8m7.2m7.5m695,298722,174772,551745,265987,918987,7761.4m2.3m2.3m2.8m3.2m1.6m1.5m1.4m1.4m
3 -----------120,000120,000-------
30/36 -----------120,000120,000-------
40/41 1.1m858,430835,324736,854765,266653,844721,409769,315742,589985,365987,3561.2m2.2m2.3m2.1m3.2m1.4m1.4m1.4m1.4m
40 396,545187,55137,92234,3063,96432,23947,03854,8198,5834,2554,255-35,76050,160-14,76914,44380,47914,6031.4m
41 737,418670,878797,401702,548761,302621,606674,371714,496734,006981,110983,1011.2m2.1m2.3m2.1m3.1m1.4m1.3m1.4m-
50/53 6.2m5.9m5.8m6.5m6.5m------------85,000--
54/58 125,05610,005123,5205,222257,58541,4547653,2362,6762,5534202,5632,2323,794666,72011,069150,74214,0438,85110,792
490/1 6,0163,8763,9981,6182,140--------83-----57,712
Balance sheet: equity and liabilities
10/49 21.5m11.9m12.4m8.3m8.7m9.2m9.0m9.0m9.1m9.3m9.4m2.9m3.9m3.9m4.4m6.8m5.9m2.4m2.3m2.4m
10/15 5.8m5.1m4.9m5.5m5.9m8.6m8.6m8.8m8.8m8.8m8.8m1.2m1.5m1.9m1.9m2.3m1.3m1.3m1.3m1.2m
10/11 179,723179,723179,723179,723449,723449,723449,723449,723449,723449,723449,723449,723179,723179,723179,723179,723179,723179,723179,723179,723
10 ----449,723---------------
100 ----449,723449,723449,723449,723449,723449,723449,723449,723179,723179,723179,723179,723179,723179,723179,723179,723
12 474,400474,400474,400474,400474,4007.6m7.6m7.6m7.6m7.6m7.6m---------
13 5.1m4.9m4.9m5.0m5.0m19,14419,14419,14417,97217,97217,97217,972934,591934,591934,5912.0m1.0m1.0m1.0m1.0m
130/1 ---019,14419,144--------------
130 ----19,14419,14419,14419,14417,97217,97217,97217,97217,97217,97217,97211,0328,5677,6727,6722,327
1311 ---0----------------
132 4.8m4.9m4.9m5.0m5.0m-------916,619916,619916,6191.9m1.0m1.0m1.0m1.0m
133 380,841-------------------
14 0-453,817-684,862-90,95535,088449,957535,784644,429644,429707,391716,740721,077379,673735,808769,639131,66284,87267,871107,0445,476
16 1.8m2.1m2.5m2.6m2.6m250,741203,500213,500210,375210,375280,500-471,987471,987471,987999,637531,643531,643531,643531,643
160/5 175,030481,181875,000955,584961,569250,741203,500213,500210,375210,375280,500---------
163 0481,181875,000955,584961,569250,741--------------
164/5 175,030-----203,500213,500210,375210,375----------
168 1.6m1.6m1.6m1.7m1.7m-------471,987471,987471,987999,637531,643531,643531,643531,643
17/49 14.0m4.7m5.0m123,124128,820410,569113,86779,82091,052304,964259,5691.7m1.9m1.6m2.0m3.5m4.0m625,876454,124628,372
17 12.6m3.9m4.3m05,74943,48838,93334,64548,69862,29575,4521.2m1.2m1.2m1.5m3.4m3.5m234,105283,204331,158
170/4 12.4m3.9m4.3m05,74943,48838,93334,64548,69862,29575,4521.2m1.2m1.2m1.5m3.4m3.5m234,105283,204331,158
178/9 139,86344,05944,059-----------------
42/48 1.4m813,411604,403123,124120,868367,08174,93445,17542,355240,169184,117530,943727,494422,141519,090101,429461,013375,905159,661281,585
42 629,147234,211234,2115,74916,86923,9317,95514,05215,79215,30814,03512,02212,49811,10610,46543,973240,317299,09847,95563,537
43 150,000250,000210,000--------15,277-----1,307--
430/8 150,000250,000210,000--------15,277-----1,307--
44 393,302306,82477,701113,929100,685338,39563,76822,60014,763113,58749,48649,30125,13618,79730,95139,55374,91736,12573,417203,310
440/4 393,302306,82477,701113,929100,685338,39563,76822,60014,763113,58749,48649,30125,13618,79730,95139,55374,91736,12573,417203,310
46 164,8137,08356,677-----5,0005,0005,0005,0009,908------5,355
45 47,60015,29325,8143,4453,3144,7553,2108,5236,800106,275115,597112,26839,8144,387230,07917,90327,11239,37538,2904,578
450/3 41,7009,08020,561------97,815115,597112,26830,399333216,760-14,56234,67434,674-
454/9 5,8996,2135,2533,4453,3144,7553,2108,5236,8008,459--9,4154,05413,31917,90312,5504,7013,6164,578
47/48 -----------337,075640,138387,851247,595-118,667--4,805
492/3 -010,11402,202----2,500-30,000----16,43215,86611,25915,629
Income statement
76A 306,151535,464192,38710,00047,241010,00097,87511,76471,148277,3808,757-18,5131.6m1.4m-7,971--
9900 967,313638,625437,145-71,9766.5m17,38912,988168,00622,83953,267-209,16710,13615,67839,761-567,78179,508155,603167,181277,193114,077
62 52,46750,76343,71928,24928,30918,77726,80723,93624,12521,67624,37024,46828,81841,59649,13245,82543,76932,93022,33221,247
630 221,295137,75381,74724,05524,63030,71534,22134,22134,22134,22134,22117,42817,37330,73118,74417,67549,07848,48448,48248,481
631/4 02,465------------1,881-3,647--16,866-
640/8 157,627119,181264,18115,236182,85851,47156,4364,5576,2793,1996,5493,8117,3137,91434,3318,59813,64712,37622,95512,731
66A 083,1994854,01560,569--101,000267--889,789-4,96636,526--100,378--
9901 535,923245,26447,014-143,5306.2m-83,574-104,4764,292-42,054-5,830-274,308-35,572-37,827-40,480-671,86911,05749,10973,391166,55831,618
75/76B 445,19990,7954,439924---0-2822141,64216,05675,1514,4114,60140713
75 445,19990,7954,439924---0-2822141,64216,05675,1514,4114,60140713
65/66B 293,856189,084689,2011,6662,1942,2524,1693,12020,9093,5197,41018,39218,4788,29310,10136,03635,52024,75723,87028,745
65 281,581189,084112,0441,6662,1942,2524,1693,12020,9093,5197,41018,39218,4788,29310,10136,03635,52024,75723,87028,745
66B 12,2760577,157-----------------
9903 687,265146,976-637,749-145,1876.2m-85,826-108,6451,172-62,962-9,349-4,337-934,914-56,090-33,584861,6761.4m18,000-39,172142,7283,586
780 36,84821,01710,961-----------------
680 ---01.7m---------------
67/77 ----------0112,28845246216,760915104135,814459
9904 724,114167,993-626,788-145,1874.5m-85,826-108,6451,172-62,962-9,349-4,337-575,215-56,135-33,831644,916958,11917,896-39,173106,9143,127
789 110,54463,05232,882--------916,619--------
689 ---05.0m----------908,864----
9905 834,658231,045-593,907-145,187-414,870-85,826-108,6451,172-62,962-9,349-4,337341,404-56,135-33,831644,91649,25517,896-39,173106,9143,127
Appropriation of the result
9906 380,841-453,817-684,862-110,09935,088449,957535,784645,601644,429707,391716,740721,077679,673735,808776,578134,12785,76767,871112,3905,476
14P -453,817-684,862-90,95535,088449,957---------------
791/2 --019,144----------------
691/2 380,841------1,172------6,9392,465895-5,346-
6920 -------1,172------6,9392,465895-5,346-
6921 380,841-------------------
694/7 ------------300,000-------
694 ------------300,000-------
Social balance sheet
9087 0.80.81110.50.50.50.50.50.50.50.50.81.21.21.210.70.6
Hours worked1013 1,3981,4201,2348645885888688676976978858731,0001,8152,0511,9522,0401,6981,2411,008
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 20 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 16-07-2026.

Download as CSV

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 abbreviated format 16-07-2026 2026-00306671 PDF
31-12-2024 abbreviated format 18-08-2025 2025-00384202 PDF
31-12-2023 micro format 02-07-2024 2024-00204044 PDF
31-12-2022 micro format 29-06-2023 2023-00184143 PDF
31-12-2021 micro format 27-06-2022 2022-20092859 PDF
31-12-2020 abbreviated format 13-07-2021 2021-34200132 PDF
31-12-2019 micro format 17-07-2020 2020-30800214 PDF
31-12-2018 micro format 28-06-2019 2019-24000264 PDF
31-12-2017 micro format 31-07-2018 2018-43100007 PDF
31-12-2016 micro format 30-06-2017 2017-26200138 PDF
31-12-2015 abbreviated format 30-09-2016 2016-64200201 PDF
31-12-2014 abbreviated format 30-09-2015 2015-63700308 PDF
31-12-2013 abbreviated format 26-08-2014 2014-50600381 PDF
31-12-2012 abbreviated format 29-08-2013 2013-51800454 PDF
30-06-2011 abbreviated format 20-12-2011 2011-64100429 PDF
30-06-2010 abbreviated format 16-12-2010 2010-63600483 PDF
30-06-2009 abbreviated format 27-11-2009 2009-87500159 PDF
30-06-2008 abbreviated format 18-12-2008 2008-85800217 PDF
30-06-2007 abbreviated format 14-12-2007 2007-83300225 PDF
30-06-2006 abbreviated format 18-12-2007 2007-83500167 PDF
30-06-2005 abbreviated format 01-12-2005 2005-88103379 PDF
30-06-2004 abbreviated format 03-11-2004 2004-77501589 PDF
30-06-2003 abbreviated format 13-10-2003 2003-74201739 PDF
30-06-2002 abbreviated format 07-11-2002 2002-70701803 PDF
30-06-2001 abbreviated format 09-10-2001 2001-63003653 PDF
30-06-2000 abbreviated format 24-11-2000 2000-73300502 PDF
30-06-1999 abbreviated format 29-10-1999 1999-56103604 PDF
30-06-1998 abbreviated format 11-05-1999 1999-09605212 PDF
30-06-1997 abbreviated format 08-10-1997 1997-47904385 PDF
30-06-1996 abbreviated format 03-10-1996 1996-46900911 PDF
30-06-1995 abbreviated format 12-10-1995 1995-53702033 PDF
30-06-1994 abbreviated format 04-01-1995 1995-00103788 PDF
30-06-1993 abbreviated format 22-09-1993 1993-36703549 PDF
30-06-1992 abbreviated format 04-03-1993 1993-03101357 PDF
30-06-1991 abbreviated format 10-09-1991 1991-24704953 PDF

Subsidies and aid

Flemish government 2022, 1 entry, €358 awarded, €358 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
757,219383,017128,760-119,4756.2m-52,859-70,25538,513-7,83228,391-240,087-18,143-20,453-9,749-653,12528,73298,187121,875215,04080,099
945,409305,746-545,042-121,1324.6m-55,111-74,42435,393-28,74124,87229,884-557,786-38,762-3,100663,660975,79466,9749,311155,39551,608
9.4m93,5504.7m1,599914,282315,7080000138,6000016524,919-623,1423.4m95,000-0-
115,051-113,514118,298-252,363216,13240,688-2,4715601232,133-2,143331-1,562-662,926655,651-139,673136,6995,192-1,941-
6.1m5.9m6.2m7.1m7.4m328,217647,240727,376702,910747,749803,659828,3801.6m1.9m2.2m3.1m1.1m1.1m1.3m1.2m
26.9%42.6%39.6%66.9%68.4%92.8%96.5%96.8%96.7%94.5%94.2%40.9%38.7%47.1%43.0%33.4%22.3%52.7%57.4%51.3%
5.388.2811.2158.8362.261.899.6417.1017.604.115.362.563.165.555.3231.183.473.998.855.09
5.388.2811.2158.8362.261.899.6417.1017.604.115.362.332.995.555.3231.183.473.998.855.09
2.410.931.010.020.020.050.010.010.010.030.031.451.270.871.071.553.080.490.340.52
12.5%3.3%-12.8%-2.6%76.5%-1.0%-1.3%0.0%-0.7%-0.1%0.0%-48.4%-3.8%-1.8%34.2%42.3%1.4%-3.0%8.1%0.3%
3.4%1.4%-5.1%-1.8%52.3%-0.9%-1.2%0.0%-0.7%-0.1%0.0%-19.8%-1.5%-0.9%14.7%14.1%0.3%-1.6%4.6%0.1%
2.692.031.15-71.72over 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.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date11111
full-time00000
part-time11111
in full-time equivalents0.80.80.80.50.5
0.80.80.80.50.5
On a permanent contract11111

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€13.1m€4.1m---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€9.4m€93,550€4.7m€1,599€76,782
Financial fixed assets€0---€837,500
€221,295€137,753€81,747€24,055€24,630

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on I - PROJECTS

The operating result for 2025 is 119% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.

Debt's share of the balance-sheet total rises from 39.7% to 64.9%. Equity and debt are higher.

Board & ownership

Board

2 directors, last change in January 2026
Chair of the board and director (not named in the articles), permanent representative SWINNEN Eric Dominique Maria Alfons
chair of the board appointed by deed of 11-12-2019 director (not named in the articles) since 21-09-2022 term without a fixed end
listed in the 2025 annual accounts, filed on 16-07-2026
Director (not named in the articles)
since 01-01-2026 term without a fixed end
listed in the 2025 annual accounts, filed on 16-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“6/ Bepalingen inzake de externe vertegenwoordiging: De vennootschap is verbonden door de handelingen van het bestuursorgaan en van de…”
deed of 13-10-2022
Permanent representatives 1
Permanent representative, for Groep Swinnen BVBA
appointed by deed of 11-12-2019

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
Groep Swinnen BVBA
Chair of the board, Director (not named in the articles)
Inge Ibens
Director (not named in the articles)
SWINNEN Eric
Managing director
LeadershipBoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • Groep Swinnen BVBA
    • Director, from 06-03-2014 to 13-10-2022
    • Chair of the board, appointed by deed of 11-12-2019, still in office
    • Director (not named in the articles), since before 13-10-2022
  • Inge Ibens
    • Director (not named in the articles), since before 31-12-2025
  • SWINNEN Eric Dominique Maria Alfons
    • Director, from 06-03-2014 to 13-10-2022
  • SWINNEN Eric
    • Director, from 06-03-2014, last mentioned in 2019
    • Managing director, from before 04-05-2019, last mentioned in 2019

See the board, name and registered office on a given date →

Control

Parent
Equity €1.0m
Profit €51,019 in 2025 (profit €405,669 in 2024)
100%
This company
I - PROJECTS
Equity €5.8m
Profit €724,114 in 2025

Capital

Capital
€179,722.81
Source
deed of 13-10-2022

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 13-10-2022 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 19:00

Capital transactions

Capital over time
  1. 13-10-2022 Capital reduction of €270,000 · to €179,722.81 · “zonder vernietiging aandelen,uitkering gelijk deel op ieder bestaand aandeel”
  2. 13-10-2022 Converted to unavailable equity · €198,867.04

Network & group

Group

GROEP SWINNEN has 3 holdings (2025 accounts), the bar shows equity in euros
ParentGROEP SWINNEN3 holdings, 1 country 2025 accounts

Belgium 3 Equity Result

  • BE I-Projects NV €5.8m result €724,114
  • BE DE POURCQ NV48.86% €463,476 result -€1,933
  • BE SWINNEN NV1% -€45,757 result €42,155

Source: list of holdings in the 2025 accounts of GROEP SWINNEN. Every holding stands with its own latest accounts.

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
SWINNEN
via GROEP SWINNEN · Sole director · deed of 13-10-2022
Founded in 1963 · 1.2 FTE (2025) · negative equity
→
De Pourcq
via GROEP SWINNEN · Director (not named in the articles) · deed of 13-10-2022
Founded in 1948 · total assets €463,476 (2025)
→

Timeline

Timeline

52 events since 1990

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0454987309
Annual accounts 2025 filed NBBabbreviated format · 15 days before the deadline
Appointment: Inge Ibens (director)General meeting of 31-12-20252 points ▸
  • General meeting, 31-12-2025
  • Director appointment, Inge Ibens (director (not named in the articles))

Open the deed in the Belgian Official Gazette

2025
Annual accounts 2024 filed PDFabbreviated format · 18 days late
2024
Back to profit net €167,993 The net result is €167,993, after 2 loss-making years.
Annual accounts 2023 filed PDFmicro format · 29 days before the deadline
2023
Weakest financial year net -€626,788 The net result drops to -€626,788, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 32 days before the deadline
2022
Capital decrease of €270,000 to €179,722.81Capital from €449,722.81 to €179,722.81 · Resignations: SWINNEN Eric Dominique Maria Alfons (director) and GROEP SWINNEN (director) · Permanent representative: SWINNEN Eric Dominique Maria Alfons · General meeting of 21-09-20228 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 34 days before the deadline
2021
Back to profit net €4.5m The net result is €4.5m, after 2 loss-making years.
Liquidity more than 32 times current ratio 62.26 The current ratio rises from 1.89 to 62.26. Short-term debt falls from €367,081 to €120,868.
Annual accounts 2020 filed PDFabbreviated format · 18 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 14 days before the deadline
2019
1 director appointed, 2 reappointmentsReappointments: Groep Swinnen BVBA and Swinnen Eric (managing director) · Permanent representative: Swinnen Eric · Appointment: Groep Swinnen BVBA (chair of the board) · General meeting of 04-05-20196 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFmicro format · 33 days before the deadline
2018
Back to profit net €1,172 The net result is €1,172, after 6 loss-making years.
Annual accounts 2017 filed PDFmicro format · on the deadline day
2017
Liquidity more than quadruples current ratio 17.60 The current ratio rises from 4.11 to 17.60. Short-term debt falls from €240,169 to €42,355.
Annual accounts 2016 filed PDFmicro format · 31 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 61 days late
2015
Liquidity more than doubled current ratio 5.36 The current ratio rises from 2.56 to 5.36. Short-term debt falls from €530,943 to €184,117.
Equity above €5m equity €8.8m ▲642% Equity rises from €1.2m to €8.8m.
Annual accounts 2014 filed PDFabbreviated format · 61 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 26 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 29 days late
2011
Annual accounts 2011 filed PDFabbreviated format · 42 days before the deadline
2010
Annual accounts 2010 filed PDFabbreviated format · 46 days before the deadline
Liquidity more than 8 times current ratio 31.18 The current ratio rises from 3.47 to 31.18. Short-term debt falls from €461,013 to €101,429.
Equity above €2m equity €2.3m ▲73.4% After 2 profitable years in a row, equity reaches €2.3m.
2009
Annual accounts 2009 filed PDFabbreviated format · 65 days before the deadline
Back to profit net €17,896 The net result is €17,896, after one loss-making year.
2008
Annual accounts 2008 filed PDFabbreviated format · 44 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 321 days late
Annual accounts 2007 filed PDFabbreviated format · 48 days before the deadline
2005
Annual accounts 2005 filed PDFabbreviated format
2004
Annual accounts 2004 filed PDFabbreviated format
2003
Annual accounts 2003 filed PDFabbreviated format
2002
Annual accounts 2002 filed PDFabbreviated format
2001
Annual accounts 2001 filed PDFabbreviated format
2000
Annual accounts 2000 filed PDFabbreviated format
1999
Annual accounts 1999 filed PDFabbreviated format
Annual accounts 1998 filed PDFabbreviated format
1997
Annual accounts 1997 filed PDFabbreviated format
1996
Annual accounts 1996 filed PDFabbreviated format
1995
Annual accounts 1995 filed PDFabbreviated format
Annual accounts 1994 filed PDFabbreviated format
1993
Annual accounts 1993 filed PDFabbreviated format
Annual accounts 1992 filed PDFabbreviated format
1991
Annual accounts 1991 filed PDFabbreviated format
First establishment I-PROJECTS, Steenstraat 6A, Antwerp
1990
Incorporation published on 25-10-1990

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

I - PROJECTS was incorporated on 3 October 1990.1 Total assets rose from €9.0m in 2018 to €21.5m in 2025 and headcount from 0.5 to 0.8 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0454.987.309
VAT number
BE 0454.987.309
Peppol ID
0208:0454987309
LEI code
9845009551DDBWC6B047 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
03-10-1990
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 19:00
deed of 13-10-2022 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
I - PROJECTS in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Steenstraat 6A, 2180 Antwerpen (Ekeren)”
deed of 13-10-2022 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2024
JC 200 Auxiliary committee for white-collar workers
JC 100 Auxiliary committee for blue-collar workers
Codes under NACEBEL 2008
VAT activities
68100 Real estate activities main activity
41101 Real estate development
Social security (RSZ) activities
68203 Real estate rental main activity
Codes under NACEBEL 2003
VAT activities
70120 main activity
70111
Social security (RSZ) activities
70203 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De studie van de inplanting van een onroerend goed; Aanschaf van gronden; Uitbesteden van aannemingswerken; Verkopen en/of verhuren van…”
9 activities
  1. De studie van de inplanting van een onroerend goed;
  2. Aanschaf van gronden;
  3. Uitbesteden van aannemingswerken;
  4. Verkopen en/of verhuren van onroerende goederen in de meest verscheiden afwerkingsvorm;
  5. Het uitbesteden van de onderhoudswerkzaamheden (onder andere tuinaanleg en onderhoud).
  6. Het verstrekken van alcoholvrije en alcoholhoudende dranken voor zowel consumptie al ter plaatse, of om mee te nemen, met als nevenactiviteiten het verstrekken van al dan niet ter plaatse bereide maaltijden en etenswaren, organisatie van feesten, gastronomische weekend, en commerciële evenementen;
  7. De organisatie en verzorging van evenementen, beurzen, seminaries, cursussen, feesten, bruiloften, banketten, cocktails, lunches en recepties;
  8. Café-restaurants (tavernen), verkoop aan de toog of via telefoon, fax, interne van eetwaren en dranken;
  9. Verhuur en onderhoud van toebehoren en toeleveringen aan recepties, feestzalen, hotels, restaurants en bedrijven.
deed of 13-10-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
I-PROJECTS registered office Steenstraat 6A, 2180 Antwerp 4100106 General construction of residential buildings 20-02-1991 2.051.589.392

Buildings and parcels at the address

Ground area
44 m²
Buildings
61 m²
Volume, LiDAR
298 m³
Tallest building
9.5 m
Buildings to scale, each on its own parcel
61 m², 9.4 m 61 m², 9.4 m

Environmental permits

2 applications in Flanders since 2022
04-05-2022 Discontinued Bouwen of herbouwen submitted 07-04-2022 · project 2022051828 Antwerpen
04-03-2022 Discontinued Bouwen of herbouwen submitted 08-02-2022 · project 2022018124 Antwerpen

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11364F0565/00B00244 m² 1 · 61 m² 9.4 m · 1

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0454.987.309