PROJINIT

Active Private limited company (pre-2019)founded 2004active for 22 yearsNoordlaan 21, 9200 DendermondeKBO/BCE: BE 0864.657.802 subsidiary of BMC Tech Tribe#6 company by total assets in Dendermonde, Administrative and support services sector

PROJINIT

Financial year 2025

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Annual accounts 2025

full format, filed on 27-10-2025, 4 days before the deadline

€16.1m

▼ 1.1%

-€88,726

▼ €573,692

-€28,207

▼ €579,737

-€165,268

▼ €444,015

23.2%

▼ 5.2 percentage points

1.27

▼ 0.08

In the rankings #6 company by total assets in Dendermonde, Administrative and support services sector

Money flows

of every €100 of turnover, €1.40 was lost in 2025

Balance sheet

balance sheet total €4.4m on 31-03-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

23.2%

Higher than 29% of 1,168 companies in 2025.

1.27

Higher than 44% of 1,125 companies in 2025.

-5.1%

Higher than 12% of 1,157 companies in 2025.

PROJINIT Middle half of the sector 80% of the sector Full accounts in office administrative support (NACE 82)

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

Staff

Men and women7% women

53 men and 3.8 women in full-time equivalents in 2025.

€57,415

Men €58,346, women €44,430 per full-time equivalent. Jobs differ, so this is not a pay gap.

-6 people

people who joined people who left

In 2025, 10 people joined and 16 left. Training hours in 2025: 1,968.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	4.4m	4.4m	5.5m	4.7m	3.9m	3.2m	2.8m	2.2m	2.2m	2.2m	1.9m	1.7m	884,830	890,879	979,368	745,565	605,635	240,372	221,871
`21/28`	93,245	149,242	208,097	142,652	285,545	296,005	189,315	179,336	219,506	270,049	309,922	317,512	252,915	197,679	179,188	122,928	130,109	131,027	145,131
`21`	15,159	60,934	106,709	6,829	13,659	20,488	27,317	-	-	0	0	0	0	0	0	-	600	5,664	12,215
`22/27`	26,368	36,590	49,671	84,105	111,610	115,241	151,689	169,547	209,716	258,534	298,408	305,997	241,400	186,165	169,438	113,178	119,568	116,753	129,105
`22`	-	-	-	34,325	59,699	85,909	112,120	138,560	165,001	191,441	217,882	189,624	125,590	85,270	92,527	99,784	107,041	114,297	121,554
`23`	12,627	14,170	20,732	28,887	25,279	15,070	23,357	19,849	26,382	36,314	43,925	49,033	58,518	21,869	12,182	6,140	5,397	493	541
`24`	13,741	22,420	28,939	20,893	26,632	14,262	16,213	11,138	18,334	30,779	36,600	67,340	57,293	79,027	64,729	7,254	7,130	1,962	7,010
`28`	51,718	51,718	51,718	51,718	160,276	160,276	10,308	9,789	9,790	11,514	11,514	11,514	11,514	11,514	9,750	9,750	9,941	8,611	3,811
`280/1`	41,952	41,952	41,952	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`280`	41,952	41,952	41,952	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`284/8`	9,766	9,766	9,766	51,718	160,276	160,276	10,308	-	-	-	-	-	-	-	-	-	-	-	-
`284`	-	-	-	41,952	150,000	150,000	-	-	-	-	-	-	-	-	-	-	-	-	-
`285/8`	9,766	9,766	9,766	9,766	10,276	10,276	10,308	-	-	-	-	-	-	-	-	-	-	-	-
`29/58`	4.3m	4.3m	5.3m	4.5m	3.6m	2.9m	2.6m	2.0m	2.0m	1.9m	1.6m	1.4m	631,915	693,200	800,180	622,637	475,526	109,345	76,740
`29`	650,000	350,000	544,000	244,000	244,000	244,000	244,000	180,000	130,000	-	-	-	-	-	-	-	-	-	-
`291`	650,000	350,000	544,000	244,000	244,000	244,000	244,000	180,000	130,000	-	-	-	-	-	-	-	-	-	-
`3`	-	-	-	-	-	-	-	-	-	9,009	9,009	9,009	9,009	9,009	9,009	11,287	13,484	13,416	22,010
`30/36`	-	-	-	-	-	-	-	-	-	7,009	7,009	7,009	7,009	7,009	7,009	7,787	8,484	9,416	9,510
`37`	-	-	-	-	-	-	-	-	-	2,000	2,000	2,000	2,000	2,000	2,000	3,500	5,000	4,000	12,500
`40/41`	3.0m	3.3m	4.0m	3.4m	2.8m	2.3m	1.8m	1.3m	1.5m	1.5m	1.6m	1.3m	581,239	655,112	726,282	505,049	409,938	87,642	34,175
`40`	2.6m	2.5m	3.2m	2.5m	2.2m	1.8m	1.4m	1.1m	1.4m	1.4m	1.5m	1.2m	527,774	609,971	677,221	421,013	402,689	81,815	34,075
`41`	343,629	842,206	849,267	875,538	655,400	522,489	459,277	168,710	103,974	157,132	118,958	74,479	53,465	45,140	49,061	84,036	7,249	5,827	100
`50/53`	374,178	372,961	597,812	470,086	324,466	116,518	16,450	-	-	-	-	-	-	-	-	-	-	-	-
`51/53`	374,178	372,961	597,812	470,086	324,466	116,518	16,450	-	-	-	-	-	-	-	-	-	-	-	-
`54/58`	296,820	124,647	90,069	380,125	165,546	62,384	140,208	412	321	136,773	15,097	41,450	18,769	13,181	36,691	54,502	115	1,750	5,284
`490/1`	62,789	88,018	55,118	39,295	27,742	186,816	367,174	563,897	406,001	250,000	-	22,899	22,899	15,899	28,198	51,799	51,989	6,537	15,271
Balance sheet: equity and liabilities
`10/49`	4.4m	4.4m	5.5m	4.7m	3.9m	3.2m	2.8m	2.2m	2.2m	2.2m	1.9m	1.7m	884,830	890,879	979,368	745,565	605,635	240,372	221,871
`10/15`	1.0m	1.3m	1.0m	1.2m	728,030	618,670	522,431	511,333	415,132	266,231	156,303	101,471	57,529	54,585	27,316	15,890	12,909	7,138	6,024
`10/11`	20,000	20,000	20,000	20,000	20,000	20,000	20,000	19,964	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
`100`	-	-	-	-	-	20,000	20,000	19,964	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
`13`	666,965	16,965	16,965	252,965	252,965	252,965	252,965	252,965	156,965	16,965	16,965	16,965	16,965	16,965	7,521	1,796	1,796	1,796	1,796
`130/1`	652,000	2,000	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	86	85	85	86	86
`1311`	652,000	2,000	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`132`	14,965	14,965	14,965	14,965	14,965	14,965	14,965	14,965	14,965	14,965	14,965	14,965	14,965	14,965	7,435	1,711	1,711	1,711	1,711
`133`	-	-	-	236,000	236,000	236,000	236,000	236,000	140,000	-	-	-	-	-	-	-	-	-	-
`14`	339,102	1.2m	1.0m	914,408	455,064	345,705	249,466	238,404	238,167	229,266	119,338	64,506	20,564	17,620	-205	-5,906	-8,887	-14,658	-15,772
`17/49`	3.4m	3.2m	4.5m	3.5m	3.2m	2.6m	2.3m	1.7m	1.8m	1.9m	1.8m	1.6m	827,301	836,294	952,052	729,675	592,726	233,234	215,847
`17`	-	-	-	-	-	-	70,784	155,944	11,122	70,417	160,582	62,264	67,169	94,127	108,912	77,061	93,219	110,527	127,834
`170/4`	-	-	-	-	-	-	70,784	155,944	11,122	70,417	160,582	62,264	67,169	94,127	108,912	77,061	93,219	110,527	127,834
`173`	-	-	-	-	-	-	70,784	-	-	-	-	-	-	-	-	-	-	-	-
`42/48`	3.4m	3.2m	4.5m	3.5m	3.2m	2.6m	2.2m	1.5m	1.8m	1.8m	1.6m	1.5m	760,132	742,167	843,140	652,614	389,189	118,976	84,400
`42`	159,658	159,730	150,822	150,584	158,756	204,538	218,901	249,406	317,099	164,525	132,041	24,566	26,958	26,377	21,867	15,364	17,307	17,307	17,307
`43`	996	-	1,600	-	-	-	104,003	96,970	112,452	118,407	104,970	113,026	107,912	84,087	102,965	88,139	68,879	13,367	12,173
`430/8`	996	-	1,600	-	-	-	104,003	96,970	112,452	118,407	104,970	113,026	107,912	84,087	102,965	88,139	68,879	13,367	12,173
`44`	2.6m	2.3m	3.1m	2.6m	2.5m	2.0m	1.3m	851,421	724,234	828,515	553,641	835,178	370,585	387,168	475,581	290,712	104,257	5,674	31,896
`440/4`	2.6m	2.3m	3.1m	2.6m	2.5m	2.0m	1.3m	851,421	724,234	828,515	553,641	835,178	370,585	387,168	475,581	290,712	104,257	5,674	31,896
`45`	605,234	727,592	1.0m	777,184	512,764	426,228	556,837	344,951	642,978	730,498	822,562	554,354	254,677	210,535	242,727	258,399	198,746	82,628	22,943
`450/3`	86,468	252,570	282,130	313,098	147,752	125,592	230,468	106,221	322,592	434,978	500,499	317,008	195,446	160,582	165,289	207,347	74,590	31,509	16,469
`454/9`	518,766	475,022	717,986	464,086	365,011	300,637	326,369	238,730	320,386	295,520	322,063	237,346	59,232	49,953	77,438	51,052	124,156	51,119	6,474
`47/48`	2,200	-	236,000	-	-	-	-	-	-	-	-	-	-	34,000	-	-	-	-	81
`492/3`	-	-	106	-	412	1,528	27,975	-	-	226	226	226	-	-	-	-	110,318	3,731	3,613
Income statement
`70/76A`	16.3m	16.5m	16.9m	14.2m	13.3m	12.0m	9.7m	-	-	-	-	-	-	-	-	-	-	-	-
`70`	16.1m	16.3m	16.7m	14.0m	13.2m	11.9m	9.6m	-	-	-	-	-	-	-	-	-	-	-	-
`74`	161,011	174,860	156,288	181,648	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`76A`	-	1,000	-	-	-	1,219	-	1,101	-	-	-	-	-	-	-	-	-	-	-
`9900`	-	-	-	-	-	-	-	2.2m	2.2m	2.1m	2.1m	1.9m	1.7m	1.8m	1.6m	1.4m	922,467	375,740	131,221
`60/66A`	16.4m	16.0m	16.6m	13.7m	12.8m	11.5m	9.4m	-	-	-	-	-	-	-	-	-	-	-	-
`60`	11.4m	11.4m	11.8m	9.5m	9.3m	8.2m	6.5m	-	-	-	-	-	-	-	-	-	-	-	-
`600/8`	11.4m	11.4m	11.8m	9.5m	9.3m	8.2m	6.5m	-	-	-	-	-	-	-	-	-	-	-	-
`61`	1.6m	1.3m	1.9m	1.3m	864,037	910,671	726,691	-	-	-	-	-	-	-	-	-	-	-	-
`62`	3.3m	3.0m	2.8m	2.8m	2.5m	2.4m	2.0m	1.8m	1.7m	1.7m	1.8m	1.7m	1.6m	1.6m	1.4m	1.3m	839,166	341,876	106,809
`630`	60,519	66,563	58,446	59,234	52,937	48,961	50,282	46,026	48,530	57,280	70,893	65,340	48,695	38,024	29,214	13,329	16,955	15,752	18,785
`631/4`	-	-	-	-	62,944	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`640/8`	26,630	42,064	52,509	19,220	14,765	13,053	42,643	32,015	50,933	16,587	2,942	45,221	8,828	9,280	7,001	19,619	7,455	1,217	1,668
`66A`	-	130,879	13,367	-	149,370	149,370	175,241	-	1,724	-	-	530	-	4,350	10,720	10,000	-	3,478	-
`9901`	-88,726	484,967	268,613	496,621	447,727	490,496	352,029	343,965	333,062	306,704	224,026	172,760	103,118	144,061	185,408	66,781	58,891	16,896	3,958
`75/76B`	61,767	29,795	13,859	216,714	19,212	149	169	602	128	14,929	5,957	648	3,995	4,288	6,716	7,876	840	307	26
`75`	61,767	29,795	13,859	216,714	19,212	149	169	602	128	14,929	5,957	648	3,995	4,288	6,716	7,876	840	307	26
`751`	7,203	6,310	7,241	58,072	10,253	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`752/9`	54,564	23,485	6,618	158,642	8,959	149	169	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	188,697	171,955	101,517	78,167	276,889	299,815	292,992	123,605	77,753	95,128	108,003	81,900	54,696	66,798	121,618	53,333	22,146	9,001	8,187
`65`	188,697	171,955	101,517	78,167	127,520	150,445	117,751	123,605	77,753	95,128	108,003	81,900	54,696	66,798	121,618	53,333	22,146	9,001	8,187
`650`	166,920	158,259	81,783	66,665	134,626	132,591	116,518	-	-	-	-	-	-	-	-	-	-	-	-
`651`	-	-	-	-	-14,571	14,571	-	-	-	-	-	-	-	-	-	-	-	-	-
`652/9`	21,777	13,696	19,734	11,503	7,465	3,283	1,234	-	-	-	-	-	-	-	-	-	-	-	-
`66B`	-	-	-	-	149,370	149,370	175,241	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	-215,656	342,807	180,955	635,168	190,050	190,830	59,206	220,962	255,436	226,505	121,981	90,978	52,416	77,202	59,786	11,324	37,585	4,723	-4,202
`67/77`	10,130	130,623	92,660	175,824	80,690	94,591	48,143	124,725	106,535	116,577	67,149	47,035	49,472	49,933	48,360	8,343	31,814	3,609	-
`670/3`	10,130	130,623	92,660	175,824	80,690	94,591	48,143	-	-	-	-	-	-	-	-	-	-	-	-
`9904`	-225,786	212,184	88,296	459,344	109,360	96,239	11,062	96,237	148,901	109,928	54,832	43,943	2,944	27,269	11,426	2,981	5,771	1,114	-4,202
`689`	-	-	-	-	-	-	-	-	-	-	-	-	-	7,530	5,725	-	-	-	-
`9905`	-225,786	212,184	88,296	459,344	109,360	96,239	11,062	96,237	148,901	109,928	54,832	43,943	2,944	19,739	5,701	2,981	5,771	1,114	-4,202
Appropriation of the result
`9906`	989,102	1.2m	1.0m	914,408	455,064	345,705	249,466	334,404	378,167	229,266	119,338	64,506	20,564	19,534	-205	-5,906	-8,887	-14,658	-15,772
`14P`	1.2m	1.0m	914,408	455,064	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	236,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`792`	-	-	236,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	650,000	-	-	-	-	-	-	96,000	140,000	-	-	-	-	1,914	-	-	-	-	-
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,914	-	-	-	-	-
`6921`	650,000	-	-	-	-	-	-	96,000	140,000	-	-	-	-	-	-	-	-	-	-
`694/7`	-	-	236,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694`	-	-	236,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	56.8	54.5	51.9	42.2	54.2	51.8	37.1	40.4	41.2	40.1	40.8	42.7	41.4	43.1	39.3	33.4	34.3	10	3.6
Men (FTE)`1003`	53	51	50.1	41.1	52.2	50	35.2	-	-	-	-	-	-	-	-	-	-	-	-
Women (FTE)`1003`	3.8	3.5	1.8	1.1	2	1.8	1.9	-	-	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	91,364	88,441	88,838	88,641	83,865	88,605	71,978	64,295	67,143	63,021	66,188	67,997	65,129	68,068	59,070	57,371	40,875	16,289	6,213
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 2 older financial years (2005-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 43 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 27-10-2025.

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
31-03-2025	full format	27-10-2025	2025-00549673	PDF
31-03-2024	full format	22-10-2024	2024-00511255	PDF
31-03-2023	full format	23-11-2023	2023-00515501	PDF
31-03-2022	full format	15-12-2022	2022-20537716	PDF
31-03-2021	full format	18-11-2021	2021-77500401	PDF
31-03-2020	full format	22-10-2020	2020-62300310	PDF
31-03-2019	full format	30-10-2019	2019-71800419	PDF
31-03-2018	abbreviated format	12-11-2018	2018-71900346	PDF
31-03-2017	abbreviated format	31-10-2017	2017-68200585	PDF
31-03-2016	abbreviated format	30-09-2016	2016-63800480	PDF
31-03-2015	abbreviated format	13-11-2015	2015-66800536	PDF
31-03-2014	abbreviated format	01-10-2014	2014-63800455	PDF
31-03-2013	abbreviated format	06-11-2013	2013-65600243	PDF
31-03-2012	abbreviated format	04-10-2012	2012-60400088	PDF
31-03-2011	abbreviated format	29-09-2011	2011-56800033	PDF
31-03-2010	abbreviated format	07-10-2010	2010-57300292	PDF
31-03-2009	abbreviated format	27-10-2009	2009-83000155	PDF
31-03-2008	abbreviated format	30-10-2008	2008-80100052	PDF
31-03-2007	abbreviated format	26-10-2007	2007-78500200	PDF
31-03-2006	abbreviated format	25-10-2006	2006-84603094	PDF
31-03-2005	abbreviated format	10-10-2005	2005-81502548	PDF

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €12,246 awarded, €12,246 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€8,071

Vlaams opleidingsverlof (VOV)

€4,175

Year	Entries	Awarded	Paid
2025	1	€540	€540
2024	1	€3,378	€3,378
2023	2	€7,040	€7,040
2022	1	€1,288	€1,288

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
-28,207	551,529	327,059	555,855	500,665	539,457	402,311	389,991	381,592	363,983	294,919	238,100	151,813	182,085	214,622	80,110	75,846	32,648	22,744
-165,268	278,747	146,741	518,578	162,297	145,200	61,344	142,263	197,431	167,207	125,725	109,282	51,639	65,293	40,640	16,310	22,726	16,866	14,583
4,522	8,246	158,216	66,851	42,477	158,465	59,742	5,857	1,602	17,406	63,303	129,937	103,930	56,516	85,473	6,339	16,037	7,606	3,750
172,172	34,578	-290,056	214,579	103,162	-77,824	139,796	92	-136,452	121,676	-26,353	22,682	5,588	-23,511	-17,811	54,387	-1,635	-3,535	-
932,822	1.1m	831,678	1.0m	442,897	324,192	431,875	487,940	206,749	66,825	7,189	-153,550	-128,217	-48,967	-42,960	-29,977	86,337	-9,631	-7,660
-0.6%	3.0%	1.6%	3.5%	3.4%	4.1%	3.7%	-	-	-	-	-	-	-	-	-	-	-	-
23.2%	28.4%	18.8%	25.4%	18.8%	19.2%	18.7%	23.1%	18.7%	12.2%	8.1%	6.0%	6.5%	6.1%	2.8%	2.1%	2.1%	3.0%	2.7%
1.27	1.35	1.19	1.30	1.14	1.12	1.20	1.32	1.12	1.04	1.00	0.90	0.83	0.93	0.95	0.95	1.22	0.92	0.91
1.27	1.35	1.19	1.30	1.14	1.12	1.20	1.32	1.12	1.03	1.00	0.89	0.82	0.92	0.94	0.94	1.19	0.81	0.65
3.32	2.52	4.31	2.93	4.33	4.20	4.34	3.32	4.35	7.18	11.35	15.67	14.38	15.32	34.85	45.92	45.92	32.67	35.83
-22.0%	16.9%	8.5%	38.7%	15.0%	15.6%	2.1%	18.8%	35.9%	41.3%	35.1%	43.3%	5.1%	50.0%	41.8%	18.8%	44.7%	15.6%	-69.8%
-5.1%	4.8%	1.6%	9.8%	2.8%	3.0%	0.4%	4.4%	6.7%	5.0%	2.8%	2.6%	0.3%	3.1%	1.2%	0.4%	1.0%	0.5%	-1.9%
-0.17	3.48	4.00	8.34	3.72	4.07	3.45	-	-	-	-	-	-	-	-	-	-	-	-
59 days	56 days	69 days	66 days	60 days	55 days	52 days	-	-	-	-	-	-	-	-	-	-	-	-
74 days	65 days	83 days	86 days	89 days	79 days	65 days	-	-	-	-	-	-	-	-	-	-	-	-

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.

Revenue breakdown

as filed

By activity 2025

Consultancy Freelance €12,405,20677.0%
Consultancy Employer €3,691,42922.9%
Doorgerekende kosten €16,6880.1%

Total €16,113,324

Source: 2025 accounts, page 23, filing 2025-00549673

All years (2018 to 2025)

By activity	2018	2019	2020	2021	2022	2023	2024	2025
Consultancy Freelance	-	-	-	-	-	-	-	€12,405,206
Consultancy Employer	-	-	-	-	-	-	-	€3,691,429
Doorgerekende kosten	-	-	-	-	-	€6,641	€39,079	€16,688
Freelance consultancy	-	-	-	€9,914,960	€10,434,002	€12,979,432	€12,709,422	-
Consultancy	€2,552,989	€2,773,146	€3,365,529	€3,236,868	€3,579,012	€3,744,267	€3,549,595	-
Verkopen hardware	€2,427	€5,163	€6,795	€0	-	-	-	-
Freelance consultancyf	€4,681,505	€6,865,101	€8,510,232	-	-	-	-	-
Projects	€14,900	-	-	-	-	-	-	-
Total	€7,251,822	€9,643,410	€11,882,556	€13,151,828	€14,013,014	€16,730,340	€16,298,096	€16,113,324

Social balance sheet

Item	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Employees at the balance-sheet date	51	57	54	54
full-time	50	56	53	54
part-time	1	1	1	-
in full-time equivalents	50.8	56.8	53.8	54
	56.8	54.5	51.9	42.2
On a permanent contract	51	57	54	54
Joined	10	17	18	21
Left	16	14	18	19
Training hours	1,968	968	4,084	172

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired

Item	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Tangible fixed assets	€4,522	€8,246	€20,891	€24,899
Intangible fixed assets	-	-	€137,325	-
Financial fixed assets	-	-	-	€41,952
	€60,519	€66,563	€58,446	€59,234

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Auditor

fees

Item	31-03-2025	31-03-2024	31-03-2023	31-03-2022
Fee for the audit	€13,944	€12,769	€13,838	€15,129
Work by persons linked to the auditor	-	-	-	€5,522

Source: notes to the 2022 to 2025 annual accounts (relations with the auditor)

Insights on PROJINIT

The operating result for 2025 is a loss of €88,726, after a profit of €484,967 in 2024. It is the lowest result since 2007.

Debt's share of the balance-sheet total rises from 71.6% to 76.8%. Equity is lower and debt is higher.

Next steps

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Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency23.2%

Current ratio1.27

Return on assets-5.1%

Staff

Men and women7% women

Staff cost per FTE€57,415

Joined and left-6 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 5 entries, €12,246 awarded, €12,246 paid

Key figures and ratios

Revenue breakdown

By activity 2025

Social balance sheet

Investments

Auditor

Insights on PROJINIT

Next steps

in €m

in euro

23.2%

1.27

-5.1%

€57,415

-6 people