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Project, Development & Validation Management

Active
Private limited companyfounded 2016active for 10 yearsRue de La Hulpe 157, 1331 Rixensart, BelgiumKBO/BCE: BE 0651.939.176
Summary

Project, Development & Validation Management has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,187 and a net result of -€13,182. Equity has been growing by about 2.5% per year since 2018. Its solvency ranks better than 38% of 11,760 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Project, Development & Validation ManagementActiveChecked score 87/100

Overview

Overview

Official details

Source: KBO
Status
Active since 14-04-2016 Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyors NACE 71121and 2 others
Establishment unit
2.252.187.273 1331 Rixensart, since 14-04-2016
Financial year end
31 December
Peppol
Reachable since 12-01-2026

Board and ownership

Board

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
-€986
Loss
€13,182
Equity
€28,187
▼ 31.9%
Total assets
€69,328
▼ 34.6%
Turnover not published (micro format)
Filed on 06-05-2026, 86 days before the deadline
Score breakdownraises riskLoss of €13,182 (financial year 2025)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: total assets €69,328Liquidity: current ratio 0.91, cash €13,936, halvedShow the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 21% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Weak
Solvency 66+2
equity 40.7% of total assets
Liquidity 44-29
short-term debt 59.3% · cash 20.1%
Profitability 0-91
return on assets -19.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,825 companies, NACE 71, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 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: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged 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: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.91 (1.2 in 2024), below 1. Short-term debt is 59.3% and cash 20.1% of total assets. 59.3% of the assets are financed with debt and provisions.
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 71, micro). It does better than 39% of them on solvency, 24% on liquidity, 4% on profitability and 16% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Loss of €13,182 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €69,328
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 · Liquidity: current ratio 0.91, cash €13,936, halved
NBB · annual accounts
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
86 days early
2024
66 days early
2023
65 days early
2022
32 days early
2021
6 days early
2020
16 days early
2019
10 days late
← 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 37 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 28 May (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 06-05-2026 PDF all 10 filings

Equity
€28,187▼ 31.9%
2024 · €41,369
Total assets
€69,328▼ 34.6%
2024 · €106,013
Net result
-€13,182
2024 · €18,482
Working capital
-€3,540
2024 · €11,000
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €12,474, after a profit of €24,360 in 2024. It is the lowest result since 2021.

Operating result-€12,474 2025 Net result-€13,182 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€6,751-€16,774▲ 148%€17,375▲ 3.6%€4,903▼ 71.8%€29,185▲ 495%€27,250▼ 6.6%€24,360▼ 10.6%-€12,474
Net result€4,369-€11,855▲ 171%€12,012within the sector's middle half▲ 1.3%€1,889within the sector's middle half▼ 84.3%€21,727within the sector's middle half▲ 12×€21,189within the sector's middle half▼ 2.5%€18,482within the sector's middle half▼ 12.8%-€13,182below the sector's middle half
Equity€34,215-€46,070▲ 34.6%€58,082within the sector's middle half▲ 26.1%€59,971within the sector's middle half▲ 3.3%€81,698within the sector's middle half▲ 36.2%€62,887within the sector's middle half▼ 23.0%€41,369within the sector's middle half▼ 34.2%€28,187within the sector's middle half▼ 31.9%
Total assets€64,792-€71,756▲ 10.7%€76,463within the sector's middle half▲ 6.6%€67,944within the sector's middle half▼ 11.1%€89,362within the sector's middle half▲ 31.5%€132,690within the sector's middle half▲ 48.5%€106,013within the sector's middle half▼ 20.1%€69,328within the sector's middle half▼ 34.6%
Debt€30,577-€25,686▼ 16.0%€18,381▼ 28.4%€7,973▼ 56.6%€7,664▼ 3.9%€69,803▲ 811%€64,644▼ 7.4%€41,141▼ 36.4%
Working capital€19,199-€31,286▲ 63.0%€46,024within the sector's middle half▲ 47.1%€55,782within the sector's middle half▲ 21.2%€76,265within the sector's middle half▲ 36.7%€28,172within the sector's middle half▼ 63.1%€11,000within the sector's middle half▼ 61.0%-€3,540below the sector's middle half
Solvency52.8%-64.2%▲ 11.4pp76.0%above the sector's middle half▲ 11.8pp88.3%above the sector's middle half▲ 12.3pp91.4%above the sector's middle half▲ 3.2pp47.4%within the sector's middle half▼ 44.0pp39.0%within the sector's middle half▼ 8.4pp40.7%within the sector's middle half▲ 1.6pp
Current ratio2.21-2.87▲ 0.663.89above the sector's middle half▲ 1.018.00above the sector's middle half▲ 4.1110.95above the sector's middle half▲ 2.951.53within the sector's middle half▼ 9.421.20within the sector's middle half▼ 0.340.91below the sector's middle half▼ 0.28
Return on assets (ROA)6.7%-16.5%▲ 9.8pp15.7%within the sector's middle half▼ 0.8pp2.8%within the sector's middle half▼ 12.9pp24.3%above the sector's middle half▲ 21.5pp16.0%within the sector's middle half▼ 8.3pp17.4%within the sector's middle half▲ 1.5pp-19.0%below the sector's middle half▼ 36.4pp
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69,328
Fixed assets €31,727 ▼ 18.8%
Current assets €37,601 ▼ 43.8%
Equity and liabilities €69,328
Equity €28,187 ▼ 31.9%
Debt €41,141 ▼ 36.4%
Debt's share of the balance-sheet total falls from 61.0% to 59.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€1,736▼
2024 · €35,226
Cash flow
-€2,444▼
2024 · €29,348
Debt to equity
1.46▼
2024 · 1.56
ROE
-46.8%▼
2024 · 44.7%
Interest coverage
-2.08▼
2024 · 28.34
Debt ≤ 1 year
€41,141▼
2024 · €55,951
Income taxes
€149▼
2024 · €5,279
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€991€1,938€48,339-€1,753
Financial fixed assets-€950€100-€1,650
Depreciation and write-downs of the year€10,310€1,644€2,144€10,866€10,738

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

Comparable companies

These companies have the same main activity as Project, Development & Validation Management: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €61,200 and €77,300, founded between 2014 and 2017.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
Project, Development & Validation Management Rixensart2016€69,328€28,187-€986--€13,1822025
BLACK CORN Braine-le-Château2015€65,541-€11,539-€6,365--€17,8142025
HOMELIOR Londerzeel2015€69,112€37,003-€5,524--€35,3392025
ECOTECHNILIN Geel2015€66,196€61,842-€2,593--€10,4962025
2 WAPPI ENGINEERING Brunehaut2016€61,153€49,380€489--€4,0932025
PETER CORIJN Herzele2017€77,270€30,439-€21,052--€33,4642025
MCCT Vilvoorde2014€71,632€59,999-€7,872€0-€30,3032025

They were chosen from the 6,767 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 4,805 companies had the same profile as Project, Development & Validation Management has now. Two years later, 2.0% had gone bankrupt and 88.1% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.1% was still going

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

The bankruptcy probability of Project, Development & Validation Management itself is lower: 0.1% within 12 months. It rests on far more data about Project, Development & Validation Management than the profile alone.

Test of the method

The method was tested on the 497,446 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 4,805 companies, not a prediction for Project, Development & Validation Management. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Source: Annual accounts 2025 (PDF), filed on 06-05-2026.

Balance sheet Code20242025
Assets
Total assets20/58€106,013€69,328▼
Fixed assets21/28€39,062€31,727▼
Tangible fixed assets22/27€38,862€29,877▼
Plant, machinery and equipment23€195-
Furniture and vehicles24€38,183€29,756▼
Other tangible fixed assets26€484€121▼
Financial fixed assets28€200€1,850▲
Current assets29/58€66,951€37,601▼
Amounts receivable within one year40/41€14,604€16,340▲
Trade receivables40€12,750€12,242▼
Other amounts receivable41€1,854€4,098▲
Cash at bank and in hand54/58€50,556€13,936▼
Deferred charges and accrued income490/1€1,791€7,325▲
Equity and liabilities
Total equity and liabilities10/49€106,013€69,328▼
Equity10/15€41,369€28,187▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Distributable reserves133€1,860€1,860=
Profit (loss) carried forward14€20,909€7,727▼
Amounts payable17/49€64,644€41,141▼
Amounts payable after more than one year17€8,684-
Financial debts170/4€8,684-
Amounts payable within one year42/48€55,951€41,141▼
Current portion of amounts payable after more than one year42€8,329€8,684▲
Trade debts44€3,043€2,080▼
Suppliers440/4€3,043€2,080▼
Taxes, remuneration and social security45€6,128-
Taxes450/3€6,128-
Other amounts payable47/48€38,451€30,377▼
Accrued charges and deferred income492/3€9-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,866€10,738▼
Other operating charges640/8€888€750▼
Gross operating margin9900€36,114-€986▼
Operating profit (loss)9901€24,360-€12,474▼
Financial income75/76B€644€277▼
Recurring financial income75€644€277▼
Financial charges65/66B€1,243€836▼
Recurring financial charges65€1,243€836▼
Profit (loss) for the period before taxes9903€23,761-€13,033▼
Income taxes67/77€5,279€149▼
Profit (loss) for the period9904€18,482-€13,182▼
Profit (loss) for the period to be appropriated9905€18,482-€13,182▼
Appropriation of the result
Profit (loss) to be appropriated9906€60,909€7,727▼
Profit (loss) brought forward from the previous period14P€42,427€20,909▼
Profit to be distributed694/7€40,000-
Return on contributions (dividend)694€40,000-

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,223€11,327€10,984€10,310€1,644€2,144€10,866€10,738▼ 1.2%
Other operating charges640/8---€1,253€1,349€1,703€888€750▼ 15.5%
Gross operating margin9900€18,765€29,106€29,585€16,466€32,178€31,097€36,114-€986-
Operating profit (loss)9901€6,751€16,774€17,375€4,903€29,185€27,250€24,360-€12,474-
Financial income75/76B---€1-€259€644€277▼ 57.0%
Recurring financial income75€2€11€1€1-€259€644€277▼ 57.0%
Financial charges65/66B---€228€159€192€1,243€836▼ 32.7%
Recurring financial charges65€381€330€226€228€159€192€1,243€836▼ 32.7%
Profit (loss) for the period before taxes9903€6,372€16,455€17,150€4,676€29,026€27,317€23,761-€13,033-
Income taxes67/77€2,003€4,600€5,138€2,787€7,299€6,128€5,279€149▼ 97.2%
Profit (loss) for the period9904€4,369€11,855€12,012€1,889€21,727€21,189€18,482-€13,182-
Profit (loss) for the period to be appropriated9905€4,369€11,855€12,012€1,889€21,727€21,189€18,482-€13,182-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€64,792€71,756€76,463€67,944€89,362€132,690€106,013€69,328▼ 34.6%
Fixed assets21/28€29,757€23,783€14,498€4,189€5,433€51,728€39,062€31,727▼ 18.8%
Tangible fixed assets22/27€28,017€22,043€12,558€3,239€3,533€49,728€38,862€29,877▼ 23.1%
Plant, machinery and equipment23---€266€1,570€841€195--
Furniture and vehicles24---€1,401€754€48,041€38,183€29,756▼ 22.1%
Other tangible fixed assets26---€1,572€1,209€846€484€121▼ 75.0%
Financial fixed assets28€1,740€1,740€1,940€950€1,900€2,000€200€1,850▲ 825%
Current assets29/58€35,035€47,973€61,965€63,755€83,929€80,962€66,951€37,601▼ 43.8%
Amounts receivable within one year40/41€24,444€11,768€17,038€17,741€16,663€18,885€14,604€16,340▲ 11.9%
Trade receivables40---€14,300€11,540€12,750€12,750€12,242▼ 4.0%
Other amounts receivable41---€3,441€5,123€6,135€1,854€4,098▲ 121%
Cash at bank and in hand54/58€8,595€34,156€41,946€43,701€65,692€59,954€50,556€13,936▼ 72.4%
Deferred charges and accrued income490/1---€2,313€1,574€2,123€1,791€7,325▲ 309%
Equity and liabilities
Total equity and liabilities10/49€64,792€71,756€76,463€67,944€89,362€132,690€106,013€69,328▼ 34.6%
Equity10/15€34,215€46,070€58,082€59,971€81,698€62,887€41,369€28,187▼ 31.9%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€0----
Reserves not available under the articles1311---€1,860-----
Distributable reserves133----€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€13,755€25,610€37,622€39,511€61,238€42,427€20,909€7,727▼ 63.0%
Amounts payable17/49€30,577€25,686€18,381€7,973€7,664€69,803€64,644€41,141▼ 36.4%
Amounts payable after more than one year17€14,015€8,064€2,030--€17,013€8,684--
Financial debts170/4-----€17,013€8,684--
Amounts payable within one year42/48€15,836€16,687€15,941€7,973€7,664€52,790€55,951€41,141▼ 26.5%
Current portion of amounts payable after more than one year42---€2,030-€7,987€8,329€8,684▲ 4.3%
Trade debts44€7,265€4,136€4,672€5,306€5,040€728€3,043€2,080▼ 31.6%
Suppliers440/4---€5,306€5,040€728€3,043€2,080▼ 31.6%
Taxes, remuneration and social security45---€637-€7,711€6,128--
Taxes450/3---€637-€7,711€6,128--
Other amounts payable47/48----€2,624€36,364€38,451€30,377▼ 21.0%
Accrued charges and deferred income492/3------€9--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€4,369€11,855€12,012€1,889€21,727€21,189€18,482-€13,182-
+ Depreciation and write-downs630€10,223€11,327€10,984€10,310€1,644€2,144€10,866€10,738▼ 1.2%
Operating cash flow (approximation)€14,592€23,182€22,996€12,199€23,371€23,333€29,348-€2,444-
Investment in fixed assets (approximation)--€5,353-€1,699-€1-€2,888-€48,439€1,800-€3,403-
Change in cash-€25,561€7,790€1,755€21,991-€5,738-€9,398-€36,620▼ 290%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference Document
31-12-2025 micro format 06-05-2026 2026-00111218 PDF
31-12-2024 micro format 26-05-2025 2025-00105611 PDF
31-12-2023 micro format 27-05-2024 2024-00096645 PDF
31-12-2022 micro format 29-06-2023 2023-00185615 PDF
31-12-2021 micro format 25-07-2022 2022-20217057 PDF
31-12-2020 micro format 15-07-2021 2021-36100361 PDF
31-12-2019 micro format 10-08-2020 2020-40300080 PDF
31-12-2018 micro format 24-06-2019 2019-21900440 PDF
31-12-2017 micro format 08-06-2018 2018-17200002 PDF
31-12-2016 micro format 07-08-2017 2017-41800548 PDF

Board & ownership

Directors

Directors
1 director, last change in 2022
Pascal DE VOS
Director (not named in the articles) · appointed in the act of 12-09-2022 · earlier manager, until 12-09-2022 · listed in the 2024 annual accounts, filed on 26-05-2025
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration. S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 12-09-2022

Owners and capital

Capital transactions

Capital over time
  1. 12-09-2022 Converted to unavailable equity

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Pascal DE VOS
  • Manager, until 12-09-2022
  • Director (not named in the articles), appointed in the act of 12-09-2022, still in office
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Frais généraux indépendamment représentation voyages déplacements, assemblée générale décide gratuité ou non”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement nombre actions si plusieurs, tenus solliciter agrément mêmes formalités si non…”

Articles of association, deed of 12-09-2022 (in French)

Network & group

Project, Development & Validation Management shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Project, Development & Validation Management. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
06-05
NBB filing Annual accounts 2025 filedPDF
micro format · 86 days before the deadline
2025
31-12
Financial Weakest financial yearnet -€13,182
The net result drops to -€13,182, the lowest from 2018 to 2025.
26-05
NBB filing Annual accounts 2024 filedPDF
micro format · 66 days before the deadline
2024
27-05
NBB filing Annual accounts 2023 filedPDF
micro format · 65 days before the deadline
2023
29-06
NBB filing Annual accounts 2022 filedPDF
micro format · 32 days before the deadline
2022
31-12
Financial Highest result from 2018 to 2025net €21,727 ▲1,050%
The operating result of €29,185 and the net result of €21,727 are both a record.
12-09
Gazette deed Change of role: Pascal DE VOS, from manager to director
Amendment of the articles · Capital conversion · Reserve release10 points ▸
  • General meeting, 05-09-2022
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
  • Purpose change
  • Capital
  • Director resignation, Pascal DE VOS (manager)
  • Director appointment, Pascal DE VOS (director (not named in the articles))
  • Registered office clause, “1331 Rosières,rue de La Hulpe 157, actionnaire unique” (deed in French)
  • Power of attorney

Open the act in the Belgian Official Gazette

25-07
NBB filing Annual accounts 2021 filedPDF
micro format · 6 days before the deadline
2021
31-12
Financial Liquidity more than doubledcurrent ratio 8.00
The current ratio rises from 3.89 to 8.00. Short-term debt falls from €15,941 to €7,973.
15-07
NBB filing Annual accounts 2020 filedPDF
micro format · 16 days before the deadline
2020
10-08
NBB filing Annual accounts 2019 filedPDF
micro format · 10 days late
2019
24-06
NBB filing Annual accounts 2018 filedPDF
micro format · 37 days before the deadline
Show earlier events
2018
08-06
NBB filing Annual accounts 2017 filedPDF
micro format · 53 days before the deadline
2017
07-08
NBB filing Annual accounts 2016 filedPDF
micro format · 7 days late
2016
18-04
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

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

History

Project, Development & Validation Management was incorporated on 14 April 2016.1 Total assets went from €64,792 in 2018 to €69,328 in 2025.2

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

Company details

Register details

Identity

KBO record
Name Project, Development & Validation Management in French
Abbreviation Pdv Mgt in French
Enterprise number 0651.939.176
Legal form Private limited company
Status Active, normale toestand
Founded 14-04-2016
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-09-2022 (in French)
Name clauseThe company operates under this name according to its articles.
Project, Development & Validation Management
deed of 12-09-2022 (in French)

Registered office and establishments

Registered office Rue de La Hulpe 157, 1331 Rixensart, Belgium
Establishment unit Project, Development & Validation Management, Rue de La Hulpe 157, 1331 Rixensart since 14-04-2016 · unit number 2.252.187.273

Activities

NACEBEL 2025
71121 Engineering and related technical consultancy, excluding land surveyors main activity
62200 Computer consultancy and computer facilities management
70200 Business and other management consultancy
Codes under NACEBEL 2008
71121 Engineering activities main activity
62020 IT consultancy
70220 Business consulting
PurposeThe purpose describes the activities the company may carry out under its articles.
“La société a pour objet social d’assurer la gestion de projets technologiques, pour l'aide au développement industriel ou domestique…”
15 activities
  1. La société a pour objet social d’assurer la gestion de projets technologiques, pour l'aide au développement industriel ou domestique, validation de techniques et/ou de moyens de fabrication, de gestion ou de contrôle.
  2. Elle pourra assurer le conseil, l’étude, la supervision ou la vente de services et/ou de biens dans les domaines technologiques tels que électromécanique, électrotechnique, informatique, électronique, robotique ou dans les techniques de régulation et de mesures notamment dans les milieux industriels ou domestiques, dans le milieu de la construction, sans que cela soit limité à ces domaines.
  3. Elle pourra assurer la réalisation d'études technologiques ou techniques et leur exécution en utilisant tout outil ou moyen indispensable à celle-ci tels que logiciels informatiques, outils pour les matériaux tels que acier, plastique, bois ou assimilés.
  4. Elle pourra assurer le conseil, l’étude, la supervision dans le domaine du management, de la gestion et/ou de l'organisation d'entreprises.
  5. Elle pourra dispenser des formations dans les domaines tels que électromécanique, électrotechnique, informatique, électronique, robotique ou dans les techniques de régulation et de mesures, management, gestion et/ou organisation d’entreprises
  6. C'est ainsi qu'elle pourra notamment assurer la vente, l'achat, le courtage, l'importation, l'exportation, l'entretien, l'intégration, la réparation, la conception, la création et la réalisation de tous produits logiciels et matériels ainsi que tous les services associés, notamment le conseil, la planification, le développement, l'organisation, la gestion, la sécurisation, l'assistance et la surveillance, dans les domaines tels que électromécanique, électrotechnique, informatique, électronique, robotique ou dans les techniques de régulation et de mesures, management, gestion et/ou organisation d'entreprises.
  7. Cette énumération est énonciative et non limitative.
  8. Elle pourra assurer des activités de bouche tel que glacerie, biscuiterie, petite restauration, etc et sans que cela soit limité que à ces domaines.
  9. La société a également pour objet la mise à disposition de biens meubles ou immeubles en tant qu'élément de rémunération du gérant.
  10. La société pourra être administrateur, gérant ou liquidateur dans toutes autres entreprises ayant un objet similaire, connexe ou annexe de nature à faciliter la réalisation de son objet social.
  11. Elle pourra accomplir tant en Belgique qu'à l'étranger, tous actes, toutes opérations financières, industrielles, commerciales, mobilières ou immobilières se rattachant directement ou indirectement à son objet social et permettant d'en faciliter la réalisation.
  12. Elle pourra notamment se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non.
  13. Elle pourra s'intéresser par voie d’apports, de fusion ou d'absorption ou de toutes autres manières, toutes autres entreprises ayant un objet similaire, connexe ou annexe de nature à faciliter la réalisation de son objet social.
  14. Elle pourra en outre vendre ou concéder toutes marques de fabrique, secrets de fabrication ou brevets en rapport avec son objet social et participer sous forme de franchisage à la création d'entreprises de même type.
  15. Elle peut accomplir toutes ces opérations en nom ou pour compte propre, ainsi que pour ses associés ou pour compte de tiers sous la réserve susénoncée, notamment à titre de commissionnaire.
deed of 12-09-2022 (in French)

Invoicing and payment

VAT number BE 0651.939.176
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0651939176
Registered 12-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
2 May at 18:00
deed of 12-09-2022 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
431 m²
Building footprint
54 m²
Building volume
459 m³
Cadastral parcel Region Area Buildings Height / floors
25092B0408/00Y002 Wallonia 431 m² 1 · 54 m² 9.7 m · 3