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PDC PROJECTS

Active Private limited companyfounded 2011active for 15 yearsOostendse Baan 47, 8470 GistelKBO/BCE: BE 0837.903.024

Overview

Lifetime

14 annual accounts with figures on one time axis
peak €334,539 (2016)
€11,784▲ 4.1%
lowest -€175,892 (2015)
-€59,584▲ €13,896
peak €103,291 (2025)
€103,291▲ €190,416
€1.2m▲ 10.6%
Board1 name since 2011
1 director
Documentsfilings and deeds
15-07-202616 days before the deadline
2025micro format
Loss of €59,584Equity from -€87,125 to €103,291Cash from €15,241 to €218,182

Key points

from the 2025 annual accounts

Losses

-€208,298 in five years
-5,8092021-26,2692022-43,1572023-73,4792024-59,5842025

Every financial year from 2021 to 2025 closed with a loss. 2024 was the heaviest.

Debts

€1.2m 92% of the balance sheet
Financial debts 80%Suppliers 5%Other 15%

Of this, €1.2m falls due within a year.

Position in the sector

-€59,584

Lower net result than 92% of companies in real estate. Sector median €5,854 · 19,790 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 911 companies had the same profile as PDC PROJECTS has now. Each dot stands for 3 companies, two years later.

95.3%
were still trading
2.1%
stopped another way
2.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 2.9% 3.1%
10 5.6% 6.1%

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 911 companies, not a prediction for PDC 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 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

Board and ownership

Director, since 09-07-2011
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0837903024
Environmental permit granted Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Gistel
Resignation: (director) Reappointment: (director) · Director discharge: · General meeting of 27-12-2023 · Gazette deed
Environmental permit granted Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden · Gistel
All 27 events

Comparable companies

same main activity, similar in size and age
Company
PDC PROJECTS Gistel €1.3m €11,784 7.9% -
De Lombaert Kortrijk €1.5m €9,253 45.4% -
ENDUVA Brussels €1.3m €20,069 32.8% -
POLYGONIA Mouscron €1.3m €9,468 -46.1% -
BDVC Lochristi €1.3m €20,889 56.7% -
IMMO CHÂTEAU DE PLAINEVAUX Flémalle €1.5m €15,131 -13.7% -
Projectontwikkeling Carron Roeselare €1.1m €9,575 -0.8% -

These companies have the same main activity as PDC PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 2009 and 2014.

Official details

Source: KBO
Status
Active since 09-07-2011Normal situation
Activity
Development of residential building projectsNACE 68121and 3 others
Establishment unit
2.201.235.6488470 Gistel, since 10-08-2011
Financial year end
31 December
Peppol
Reachable since 14-01-2026
Company details

Annual accounts 2025

€11,784▲ 4.1%
≈ €49,000estimated
€59,584▼ 18.9%
€103,291
€1.3m▲ 30.5%
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

Insights on PDC PROJECTS

PDC PROJECTS files the micro format. That format states no turnover. The gross margin fell from €32,781 in 2012 to €11,784 in 2025.

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

Financials

Annual accounts 2025

micro format, filed on 15-07-2026, 16 days before the deadline
€11,784
▲ 4.1%
-€24,878
▲ €263
-€59,584
▲ €13,896
-€53,817
▲ €198,827
7.9%
▲ 16.6 percentage points
0.96
▲ 0.19

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 ≈ €49,000. Estimated: probably between €24,000 and €150,000.

Balance sheet

balance sheet total €1.3m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

7.9%

Higher than 29% of 19,803 companies in 2025.

0.96

Higher than 43% of 18,977 companies in 2025.

-4.6%

Higher than 17% of 19,446 companies in 2025.

PDC PROJECTS Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012
Balance sheet: assets
20/58 1.3m1.0m1.0m896,59260,24584,078285,722561,177117,12236,175170,914419,629469,860207,639
21/28 159,331167,714166,622139,718-------1,2001,2001,200
22/27 159,331167,714166,622139,718----------
22 127,048131,271135,494139,718----------
23 32,28336,44331,128-----------
28 -----------1,2001,2001,200
29/58 1.1m833,408859,323756,87560,24584,078285,722561,177117,12236,175170,914418,429468,660206,439
3 908,798804,423743,484743,484--251,115357,737109,76228,303168,700243,400143,500-
30/36 908,798804,423743,484743,484--251,115357,737109,76228,303168,700243,400143,500-
40/41 17,01113,74429,4815,0431,7233,91217,91013,1766,5942,1201,7656,6514,9567,363
40 ------210------750
41 17,01113,74429,4815,0431,7233,91217,70013,1766,5942,1201,7656,6514,9566,613
54/58 218,18215,24186,3588,34758,52280,16616,697190,2647665,752450167,537320,204199,076
490/1 3,055----------841--
Balance sheet: equity and liabilities
10/49 1.3m1.0m1.0m896,59260,24584,078285,722561,177117,12236,175170,914419,629469,860207,639
10/15 103,291-87,125-13,64629,51155,78061,58919,374-19,973-9,6166,782-315,713-139,822-17,29236,037
10/11 268,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,60018,60018,600
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 ---1,8601,8601,860--------
130 ------1,8601,8601,8601,8601,8601,8601,8601,860
1311 ---1,8601,8601,860--------
133 1,8601,8601,860-----------
14 -167,169-107,585-34,1069,05135,32041,129-1,086-40,433-30,076-13,678-336,173-160,282-37,75215,577
17/49 1.2m1.1m1.0m867,0814,46522,489266,348581,150126,73829,393486,628559,451487,152171,602
42/48 1.2m1.1m1.0m865,8114,46522,489266,348581,150126,66329,318486,628552,383480,901171,602
42 --3,630-----------
43 956,500956,500956,500756,500--108,000490,000--150,000100,000--
430/8 756,500756,500756,500756,500--108,000490,000--150,000100,000--
439 200,000200,000200,000-----------
44 61,94427,93228,2821,2862,6535,0005,1671,13711,2592,6438,232122,14321,094-
440/4 61,94427,93228,2821,2862,6535,0005,1671,13711,2592,6438,232122,14321,094-
46 ----------12,750-206,854-
45 -1,356909--15,69041,362--2,9885,91646,34023,05330,062
450/3 -1,356909--15,69041,362--2,9884,12746,34023,05330,062
454/9 ----------1,790---
47/48 182,419100,26648,125108,0251,8121,799111,81990,013115,40523,686309,730283,900229,900141,540
492/3 2,2232,1942,1451,270----7575-7,0686,251-
Income statement
9900 11,78411,316-806-5,091-5,10458,56150,699-5,292-16,071334,539-156,660-82,774-7,72532,781
630 8,3828,2485,3487,359---------800
640/8 28,27928,2103,5024,018127251213350246193192199727170
9901 -24,878-25,141-9,657-16,468-5,23158,31050,486-5,642-16,317334,346-156,852-82,973-8,45131,811
75/76B 210150-0--146-196458032
75 210150-0--146-196458032
65/66B 34,70848,34833,6519,8015785157,9814,8618111,86919,04439,60244,9585,879
65 34,70848,34833,6519,8015785157,9814,8618111,86919,04439,60244,9585,879
9903 -59,584-73,479-43,157-26,269-5,80957,79542,505-10,357-16,398322,496-175,890-122,530-53,32925,964
67/77 -----15,5803,159---1--8,527
9904 -59,584-73,479-43,157-26,269-5,80942,21539,347-10,357-16,398322,496-175,892-122,530-53,32917,437
9905 -59,584-73,479-43,157-26,269-5,80942,21539,347-10,357-16,398322,496-175,892-122,530-53,32917,437
Appropriation of the result
9906 -167,169-107,585-34,1069,05135,32041,129-1,086-40,433-30,076-13,678-336,173-160,282-37,75217,437
14P -107,585-34,1069,05135,32041,129---------
691/2 -------------1,860
6920 -------------1,860
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 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 15-07-2026.

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 micro format 15-07-2026 2026-00294693 PDF
31-12-2024 micro format 04-07-2025 2025-00228812 PDF
31-12-2023 micro format 12-07-2024 2024-00243326 PDF
31-12-2022 micro format 19-07-2023 2023-00249727 PDF
31-12-2021 micro format 15-07-2022 2022-20193573 PDF
31-12-2020 micro format 13-08-2021 2021-48400473 PDF
31-12-2019 micro format 17-07-2020 2020-31300568 PDF
31-12-2018 micro format 14-08-2019 2019-46800523 PDF
31-12-2017 micro format 05-07-2018 2018-30600169 PDF
31-12-2016 micro format 21-08-2017 2017-47200108 PDF
31-12-2015 abbreviated format 28-07-2016 2016-37900351 PDF
31-12-2014 abbreviated format 26-06-2015 2015-25000528 PDF
31-12-2013 abbreviated format 29-08-2014 2014-54000080 PDF
31-12-2012 abbreviated format 26-08-2013 2013-46900503 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012
-16,496-16,894-4,308-9,109---------32,611
-51,201-65,232-37,809-18,909---------18,237
09,33932,253147,077---------2,000
202,941-71,11778,011-50,175-21,64463,468-173,567189,498-4,9865,303-167,088-152,666121,128-
-53,817-252,645-178,123-108,93655,78061,58919,374-19,973-9,5416,857-315,713-133,953-12,24134,837
7.9%-8.7%-1.3%3.3%92.6%73.3%6.8%-3.6%-8.2%18.7%-184.7%-33.3%-3.7%17.4%
0.960.770.830.8713.493.741.070.970.921.230.350.760.971.20
0.200.030.110.0213.493.740.130.350.060.270.000.320.681.20
11.65--29.380.080.3713.75--4.33---4.76
-57.7%---89.0%-10.4%68.5%203.1%------48.4%
-4.6%-7.3%-4.2%-2.9%-9.6%50.2%13.8%-1.8%-14.0%891.5%-102.9%-29.2%-11.4%8.4%
-0.48-0.35-0.13-0.93----------

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
Item20252024202320222021
Tangible fixed assets-€9,339€32,253€147,077-
€8,382€8,248€5,348€7,359-

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

Insights on PDC PROJECTS

The operating result for 2025 is a loss of €24,878, smaller than the loss of €25,141 in 2024.

Debt's share of the balance-sheet total is 92.1%.

Board & ownership

Board

1 director, last change in 2024
Director
since 09-07-2011 term without a fixed end
listed in the 2025 annual accounts, filed on 15-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 05-01-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Board
Mandates as a list
    • Director, from 09-07-2011 to date

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

Control

Capital

Contribution
€268,600
Source
2025 annual accounts

Articles of association

deed of 05-01-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Bestuurder benoeming bij enige aandeelhouder, enige aandeelhouder en derde”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
30 June at 09:00

Network & group

No group

PDC PROJECTS has no parent and no holdings in its annual accounts. is the only director. PDC PROJECTS shares no director with another company.

At the same address

Oostendse Baan 47, 8470 Gistel · 2 other companies
PDC LINGERIE
registered office since 28-08-2008 · founded in 2008
3.7 FTE (2025)
0806.086.925
PATRICK DECLERCK ELECTRONICS
registered office since 14-07-2004 · founded in 2004
1 FTE (2025)
0865.962.352

Timeline

Timeline

27 events since 2011

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 16 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0837903024
2025
Equity above €100,000 equity €103,291 Equity rises from -€87,125 to €103,291.
Annual accounts 2024 filed PDFmicro format · 27 days before the deadline
2024
Environmental permit granted Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden · Gistel
Annual accounts 2023 filed PDFmicro format · 19 days before the deadline
Resignation: (director)Reappointment: (director) · Director discharge: · General meeting of 27-12-20236 points ▸
  • General meeting, 27-12-2023
  • 186 shares
  • Director resignation,
  • Director reappointment,
  • Director discharge,
  • Registered office clause, 8470 Gistel Oostendse Baan 47
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 12 days before the deadline
2022
Environmental permit granted Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden · Gistel
Annual accounts 2021 filed PDFmicro format · 16 days before the deadline
2021
Liquidity more than triples current ratio 13.49 The current ratio rises from 3.74 to 13.49. Short-term debt falls from €22,489 to €4,465.
Annual accounts 2020 filed PDFmicro format · 13 days late
2020
Liquidity more than triples current ratio 3.74 The current ratio rises from 1.07 to 3.74. Short-term debt falls from €266,348 to €22,489.
Annual accounts 2019 filed PDFmicro format · 14 days before the deadline
2019
Back to profit net €39,347 The net result is €39,347, after 2 loss-making years.
Annual accounts 2018 filed PDFmicro format · 14 days late
2018
Annual accounts 2017 filed PDFmicro format · 26 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 21 days late
2016
Back to profit net €322,496 The net result is €322,496, after 3 loss-making years.
Liquidity more than triples current ratio 1.23 The current ratio rises from 0.35 to 1.23. Short-term debt falls from €486,628 to €29,318.
Annual accounts 2015 filed PDFabbreviated format · 3 days before the deadline
2015
Weakest financial year net -€175,892 The net result drops to -€175,892, the lowest from 2012 to 2025. It recovers the following year.
Annual accounts 2014 filed PDFabbreviated format · 35 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 29 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 26 days late
2011
First establishment Oostendse Baan 47, Gistel
Incorporation PDFpublished on 28-07-2011

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

On 9 July 2011, PDC PROJECTS was incorporated.1 Total assets went from €561,177 in 2018 to €1.3m in 2025.2

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

Company details

Identity

Enterprise number
0837.903.024
VAT number
BE 0837.903.024
Peppol ID
0208:0837903024
Other Peppol ID
9925:BE0837903024
Legal form
Private limited company
Status
Active, normal situation
Founded
09-07-2011
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
30 June at 09:00
deed of 05-01-2024 (in Dutch)
Peppol
Reachable since 14-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
PDC PROJECTS in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-01-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 05-01-2024 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41101 Real estate development main activity
68201 Real estate activities
68203 Real estate rental
81100 Combined facilities support activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Koop,verkoop,huur en verhuur van roerende en onroerende goederen en handelszaken,zowel voor eigen rekening als voor rekening van derden,in…”
9 activities
  1. Koop,verkoop,huur en verhuur van roerende en onroerende goederen en handelszaken,zowel voor eigen rekening als voor rekening van derden,in deelneming of als tussenpersoon.
  2. Beheer van immobiliën.
  3. Activiteiten van syndicus van gebouwen.
  4. Bouwpromotie.
  5. Het oprichten of laten oprichten van gebouwen met het oog op de verkoop.
  6. De activiteiten van verkavelaar.
  7. Het bouwrijp maken van terreinen.
  8. Het geven van adviezen inzake immobiliën en in het gebied van de vastgoedontwikkeling.
  9. De vennootschap mag optreden als bestuurder van vennootschappen en als vereffenaar.
deed of 05-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Oostendse Baan 47 registered office 8470 Gistel 43120 Site preparation 10-08-2011 2.201.235.648

Buildings and parcels at the address

Ground area
2,468 m²
Buildings
688 m²
Volume, LiDAR
5,438 m³
Tallest building
9.5 m
Buildings to scale, each on its own parcel
688 m², 9.5 m 688 m², 9.5 m

Environmental permits

2 applications in Flanders since 2022 · 2 granted
29-10-2024 Granted Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden submitted 08-07-2024 · project 2024069774 Gistel
15-11-2022 Granted Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden submitted 05-09-2022 · project 2022113076 Gistel

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
35005D0771/00T0022,468 m² 1 · 688 m² 9.5 m · 3

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 0837.903.024