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VAN HYFTE PROJECTS

Active Private limited companyfounded 2003active for 23 yearsVliegplein 31, 9991 MaldegemKBO/BCE: BE 0479.630.653

Overview

Lifetime

19 annual accounts with figures on one time axis, 22 filings since 2004
peak €2.8m (2022)
€194,752▲ €432,570
lowest -€429,773 (2024)
€114,391▲ €544,164
peak €1.6m (2022)
€1.1m▲ 11.5%
€1.9m▲ 11.2%
peak 2 FTE (2010)
-not published
Board5 names since 2020
3 directorsINDURENT VAN HYFTE and 2 others
Owners
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from -€237,818 to €194,752Back to profit: €114,391Cash from €8,311 to €171,878

Key points

from the 2025 annual accounts

Result

€114,391 €114,391
-€430,0002024€114,0002025

Back in profit in 2025, after a loss of €429,773 in 2024.

Turnover

≈ €420,000 estimated

The abbreviated format states no turnover.

Investments

€87,522 9.8 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

22 annual accounts since 2004
AprilJune31 JulyOctober20102020

Two of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.

Position in the sector

€114,391

Higher net result than 80% of companies in real estate. Sector median €9,997 · 11,290 companies.

Checked score

93
Excellent
Financially stronger than 48% of small 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: 0.1% across 6,995 companies (NACE 68, small).

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

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 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: 0.4%▲ +0.4 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%▼ -0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026highest value 10-2026: < 0.1%▼ -0.9 percentage points vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Weak

62=equity 36.7% of total assets
24-2short-term debt 63.1% · cash 5.7%
44+44return on assets 3.8%

Score breakdown

raises risk
Liquidity: current ratio 1.58, cash €171,878
lowers risk
Size: total assets €3.0m
Figures for financial year 2025 (filed on 29-06-2026)
Founded in 2003
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, small). It does better than 56% of them on solvency, 18% on liquidity, 43% on profitability and 74% 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, 14,766 companies had the same profile as VAN HYFTE PROJECTS has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • 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 VAN HYFTE 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 14,766 companies, not a prediction for VAN HYFTE 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 €100,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.58 (1.96 in 2024), above the usual 1.5. Short-term debt is 63.1% and cash 5.7% of total assets. However, 63.3% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €3.0m
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 · Figures for financial year 2025 (filed on 29-06-2026)
NBB · annual accounts
lowers risk · Founded in 2003
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 1.58, cash €171,878
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
64 days early
2023
16 days early
2022
104 days early
2021
41 days early
2020
116 days early
2019
61 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 45 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 20 June (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
10-11-2026 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

IV
Director, Van Hyfte Patrick, since 27-10-2020
VH
Van Hyfte
Director, since 27-10-2020
YC
YADA CommV
Director, since 27-10-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0479630653
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Maldegem
Environmental permit granted Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Slopen van niet vrijstaande gebouwen of constructies and 1 more · Maldegem
Amendment of the articles · Legal-form change Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 21-12-2023 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
VAN HYFTE PROJECTS Maldegem €3.0m €194,752 36.7% -
FIN-PROJECTEN Wetteren €3.3m €203,551 36.0% -
KENGAR Sint-Martens-Latem €3.0m €264,318 19.6% -
WYCREATE Ghent €3.6m €262,456 37.6% -
SHAPE Development Ghent €3.7m €192,540 8.1% 0.2
SPAH Sint-Martens-Latem €3.3m €154,513 10.9% -
KRATO PROJECTS Lochristi €3.3m €315,419 33.8% -

These companies have the same main activity as VAN HYFTE PROJECTS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3m and €3.7m, founded between 2002 and 2006.

Official details

Source: KBO
Status
Active since 24-02-2003Normal situation
Registered office
13 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.126.470.9199991 Maldegem, since 17-03-2003
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€194,752
€114,391
€1.1m▲ 11.5%
€3.0m▲ 11.3%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on VAN HYFTE PROJECTS

VAN HYFTE PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from €26,411 in 2007 to €194,752 in 2025.

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

Financials

Annual accounts 2025

abbreviated format, filed on 29-06-2026, 32 days before the deadline
€194,752
▲ €432,570
€172,432
▲ €505,299
€114,391
▲ €544,164
€1.1m
▼ 13.0%
36.7%
unchanged
1.58
▼ 0.38

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

Turnover ≈ €420,000. Estimated: probably between €260,000 and €950,000.

Balance sheet

balance sheet total €3.0m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

36.7%

Higher than 55% of 11,299 companies in 2025.

1.58

Higher than 62% of 10,851 companies in 2025.

3.8%

Higher than 69% of 11,184 companies in 2025.

VAN HYFTE 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: middle half · Working capital: top quarter

Staff

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 Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 3.0m2.7m6.5m5.5m7.1m4.3m5.0m2.9m280,102234,3798,432150,923192,994185,080189,922146,353133,374122,460169,876
20 ------------------158
21/28 7,439117,220408,674182,143341,563378,210428,410274,6476,5233,8441,5492731,1662,0583,1518501,30075016,475
21 ------------------165
22/27 7,439117,220408,674182,143341,563378,210428,410274,6476,5233,8441,5492731,1662,0583,1518501,30075016,152
22 ---0220,000227,500235,000242,500-----------
23 401,1663,1706,1059,0409,3164,5631,2621,927489502359741,7142,653600800-4,328
24 7,399116,054405,504176,038112,523141,062188,18229,8873,2663,3551,499381913454982505007501,464
26 ---003336659981,330----------
29/58 3.0m2.6m6.1m5.3m6.7m3.9m4.6m2.6m273,579230,5346,883150,650191,829183,021186,771145,503132,074121,711153,402
3 2.4m1.8m2.4m3.1m5.6m2.3m2.2m1.3m20,070220,070-141,173141,173141,173141,173121,148121,148121,148151,435
30/36 2.4m1.8m2.4m3.1m5.6m2.3m2.2m1.3m20,070220,070-141,173141,173141,173141,173121,148121,148121,148151,435
40/41 362,660714,2821.6m882,793982,913703,318707,121312,65811,9289,5692,9829,44150,61941,76845,51824,31910,8905271,931
40 35,65838,2671.2m729,2279,926223,790453,9815002,9202,4202,4209,44150,61941,76845,51824,31910,890-1,931
41 327,002676,014361,291153,566972,987479,528253,140312,1589,0087,149562------527-
54/58 171,8788,3112.0m1.2m125,446862,521391,96543,40728,0168953,9013636808036363636
490/1 51,32578,63165,87764,2744,495-1.3m921,440213,565----------
Balance sheet: equity and liabilities
10/49 3.0m2.7m6.5m5.5m7.1m4.3m5.0m2.9m280,102234,3798,432150,923192,994185,080189,922146,353133,374122,460169,876
10/15 1.1m997,8451.4m1.6m1.3m1.0m477,354108,90937,189-126,982-118,179-15,584-20,8277,37117,6083,444435-3,35124,542
10/11 31,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,200
100 ------31,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,20031,200
13 1.1m1.4m1.4m1.6m1.3m981,957441,95776,9575,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,837
130 ------3,1203,1202,000----------
132 3,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,8373,837
133 1.1m1.4m1.4m1.6m1.3m978,120435,00070,000-----------
14 579-428,3121,4609862,2933,0164,196751152-162,019-153,217-50,622-55,865-27,667-17,429-31,593-34,602-38,389-10,496
17/49 1.9m1.7m5.1m3.9m5.8m3.2m4.6m2.8m242,912361,360126,612166,507213,822177,709172,314142,908132,938125,812145,334
17 0395,0001.8m100,0001.9m1.1m200,000494,065117,744267,744---------
170/4 0395,0001.8m100,0001.9m1.1m200,000494,065117,744267,744---------
42/48 1.9m1.3m3.3m3.8m3.8m2.2m4.3m2.3m113,46893,616126,612166,507213,822177,709172,314142,908132,938125,812145,334
42 -046,83646,04160,224100,241100,101100,118--82,74480,41895,41873,17285,00085,00070,00060,00074,363
43 1.6m1.1m1.1m2.1m3.4m1.5m1.6m965,00015,00015,000-20,37323,60011,9149,08411,4911,1855,98423,222
430/8 1.6m1.1m1.1m2.1m3.4m1.5m1.6m965,000---20,37323,60011,9149,08411,4911,1855,98423,222
439 --------15,00015,000---------
44 81,739150,8791.3m929,536128,131231,079212,087546,3601,16740061320,46348,99439,71925,856993,4172734,490
440/4 81,739150,8791.3m929,536128,131231,079212,087546,3601,16740061320,46348,99439,71925,856993,4172734,490
46 ------1.0m------------
45 62,39721,810620,379132,2524,884115,701184,34918,23218,150-1,2543,0133,5705,67012,9846,8649,0819,2557,563
450/3 62,39721,810620,379132,2524,884115,701184,34918,23218,150-1,2542,6692,6555,67012,9845,1957,7767,2067,563
454/9 -----------345915--1,6691,3052,049-
47/48 152,79951,426231,156559,617202,228205,3781.3m621,74279,15178,21642,00042,23942,23947,23439,38939,45549,25550,30035,697
492/3 5,51802,3012,93930,7787525,07219,21111,701----------
Income statement
76A ----------51,000---30,287--8,813-
9900 194,752-237,8181.3m2.8m743,8181.0m611,380159,867200,777-6,007-10,69420,467-55335,98061,33217,1798,16714,86026,411
62 -----------9,53222,42035,42366,22911,666---
630 8,91062,02757,27643,90763,23960,78759,77850,4352,6231,5081,2238938931,0932,1624504505,3669,284
631/4 ----------137,777------30,287-
640/8 13,41033,02210,55463,08712,80219,7139,8465,4558527732,7504791,0521,8389235102,6202,8194,859
66A -----------------10,359-
9901 172,432-332,8671.2m2.7m667,777953,900541,757103,977197,302-8,288-152,4439,563-24,917-2,373-7,9824,5545,098-23,61212,269
75/76B 17,87716,9173,5011,320684358,397112----4-30-0-
75 17,87716,9173,5011,320684358,397112----4-30-0-
65/66B 73,379110,891181,06675,756105,63145,96720,38114,57116,1415141,1533,0533,2852,1302,0021,5451,3112,7414,352
65 73,379110,891181,06675,756105,63145,96720,38114,57116,1415141,1533,0533,2852,1302,0021,5451,3112,7414,352
9903 116,930-426,8411.0m2.6m562,830907,968529,77389,517181,161-8,802-102,5956,510-28,198-4,50320,3063,0093,787-27,8997,918
67/77 2,5392,932221,794536,05898,553189,148161,32817,79816,990--1,267-5,7356,142---6243
9904 114,391-429,773796,4742.1m464,277718,820368,44571,720164,171-8,802-102,5955,243-28,198-10,23814,1643,0093,787-27,8937,675
689 ------------------3,837
9905 114,391-429,773796,4742.1m464,277718,820368,44571,720164,171-8,802-102,5955,243-28,198-10,23814,1643,0093,787-27,8933,837
Appropriation of the result
9906 -313,921-428,312797,4602.1m467,293723,016369,19671,8712,152-162,019-153,217-50,622-55,865-27,667-17,429-31,593-34,602-38,389-10,496
14P -428,3121,4609862,2933,016--------------
791/2 314,5000214,000----------------
691/2 --0342,000285,000540,000365,00071,1202,000----------
6920 -------1,1202,000----------
6921 --0342,000285,000540,000365,00070,000-----------
694/7 -01.0m1.7m180,000180,000-------------
694 -0830,0001.2m---------------
695 -0180,000522,824180,000180,000-------------
Social balance sheet
9087 -----------0.20.5122---
Hours worked1013 -----------2359681,3632,5541,202---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 3 older financial years (2004-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

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 29-06-2026 2026-00228831 PDF
31-12-2024 abbreviated format 28-05-2025 2025-00109296 PDF
31-12-2023 abbreviated format 15-07-2024 2024-00251187 PDF
31-12-2022 abbreviated format 18-04-2023 2023-00060635 PDF
31-12-2021 abbreviated format 20-06-2022 2022-20128507 PDF
31-12-2020 abbreviated format 06-04-2021 2021-10100163 PDF
31-12-2019 abbreviated format 30-09-2020 2020-57600568 PDF
31-12-2018 abbreviated format 29-07-2019 2019-43300250 PDF
31-12-2017 abbreviated format 30-08-2018 2018-60200415 PDF
31-12-2016 abbreviated format 25-07-2017 2017-36900081 PDF
31-12-2015 abbreviated format 12-07-2016 2016-30500525 PDF
31-12-2014 abbreviated format 29-08-2015 2015-57100148 PDF
31-12-2013 abbreviated format 29-08-2014 2014-54000207 PDF
31-12-2012 abbreviated format 26-06-2013 2013-22300153 PDF
31-12-2011 abbreviated format 27-08-2012 2012-48400521 PDF
31-03-2010 abbreviated format 31-10-2010 2010-60300323 PDF
31-03-2009 abbreviated format 29-10-2009 2009-83300334 PDF
31-03-2008 abbreviated format 31-10-2008 2008-80400373 PDF
31-03-2007 abbreviated format 10-10-2007 2007-77100110 PDF
31-03-2006 abbreviated format 11-10-2006 2006-83803823 PDF
31-03-2005 abbreviated format 29-11-2005 2005-87602543 PDF
31-03-2004 abbreviated format 22-12-2004 2004-87200538 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
181,342-270,8401.3m2.7m731,0171.0m601,535154,412199,925-6,780-151,22010,456-24,024-1,281-5,8205,0035,547-18,24621,553
123,301-367,746853,7502.1m527,516779,607428,223122,155166,794-7,294-101,3736,136-27,305-9,14516,3263,4594,236-22,52816,959
87,52249,283283,807159,28026,59210,588213,541318,5605,3023,8032,4990004,46301,000-10,35915,062
163,567-2.0m784,0651.1m-737,075470,556348,55815,39127,121-3,0063,8650-44044000-
1.1m1.3m2.8m1.6m2.9m1.7m254,017347,538160,112136,918-119,729-15,857-21,9935,31214,4572,594-864-4,1018,067
36.7%36.7%21.9%29.8%18.4%23.9%9.5%3.8%13.3%-54.2%--10.3%-10.8%4.0%9.3%2.4%0.3%-2.7%14.4%
1.581.961.861.421.761.771.061.152.412.460.050.900.901.031.081.020.990.971.06
0.310.601.120.580.290.710.550.572.230.110.050.060.240.240.260.170.080.000.01
1.721.723.572.364.443.199.5425.396.53----24.119.7941.49--5.92
10.3%-43.1%55.8%127.0%35.7%70.7%77.2%65.9%441.4%-----138.9%80.4%87.4%--31.3%
3.8%-15.8%12.2%37.8%6.6%16.9%7.3%2.5%58.6%-3.8%-3.5%-14.6%-5.5%7.5%2.1%2.8%-22.8%4.5%
2.47-2.446.9236.146.92--------------

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€87,522€49,283€283,807€159,280€26,592
€8,910€62,027€57,276€43,907€63,239

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

Insights on VAN HYFTE PROJECTS

The operating result for 2025 is a profit of €172,432, after a loss of €332,867 in 2024.

Debt's share of the balance-sheet total stays at 63.3%.

Board & ownership

Board

3 directors, last change in 2020
Director, permanent representative Van Hyfte Patrick
since 27-10-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
Van Hyfte
Director, permanent representative Van Hyfte Davy
since 27-10-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
YADA CommV
Director
since 27-10-2020
listed in the 2025 annual accounts, filed on 29-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De bestuurders regelen onder mekaar de uitoefening van de bevoegdheid. Externe vertegenwoordigingsbevoegdheid Iedere bestuurder…”
deed of 03-01-2024
Permanent representatives 2
Permanent representative, for Van Hyfte
appointed by deed of 01-12-2020
Van Hyfte Patrick
Permanent representative, for INDURENT VAN HYFTE
appointed by deed of 01-12-2020

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
Van Hyfte
Director
YADA CommV
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • INDURENT VAN HYFTE
    • Director, from 27-10-2020 to date
  • Van Hyfte
    • Director, from 27-10-2020 to date
  • YADA CommV
    • Director, from 27-10-2020 to date
  • Van Hyfte Davy
    • Director, until 27-10-2020
  • Van Hyfte Patrick
    • Director, until 27-10-2020

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

Control

Shareholder
Equity €2.5m
Profit €138,342 in 2025 (profit €54,457 in 2024)
Checked score 96
50%
This company
VAN HYFTE PROJECTS
Equity €1.1m
Profit €114,391 in 2025

Capital

Contribution
€31,200
Source
2025 annual accounts

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 03-01-2024 (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.
“Door algemene vergadering vast te stellen, onbezoldigd behoudens andersluidende beslissing algemene vergadering”
“College met voorzitter als raadsvergadering gewone meerderheid, gezamenlijk bestuur”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Monday of May at 10:00

Capital transactions

Capital over time
  1. 03-01-2024 Converted to unavailable equity
  2. 03-01-2024 Converted to available equity

Network & group

No group

VAN HYFTE PROJECTS has no parent and no holdings in its annual accounts.

At the same address

Vliegplein 31, 9991 Maldegem · 12 other companies
INDURENT VAN HYFTE
registered office since 21-05-1984 · founded in 1960
total assets €4.8m (2025)
0401.055.210
VH-Durbuy
registered office since 16-11-2023 · founded in 2023 · negative equity (2025)
total assets €3.5m (2025)
1002.340.194
VAN HYFTE REAL ESTATE
registered office since 03-03-2023 · founded in 2023
total assets €3.0m (2025)
0799.145.980
KP DECOR
establishment since 13-10-2025 · founded in 2007
4 FTE (2025)
0891.611.528
IMMO YADA
registered office since 26-09-2009 · founded in 2009
total assets €531,137 (2025)
0818.125.516
CLEYT
registered office since 14-02-1989 · founded in 1989
total assets €147,377 (2025)
0436.562.257
Manoir Achille
registered office since 16-11-2023 · founded in 2023
total assets €57,659 (2025)
1002.338.612
FENSFURN
establishment since 25-08-2026
founded in 2026
1041.635.983
DECOMEY
registered office since 03-05-2024
founded in 2024
1009.859.179
PICARDY 3
registered office since 29-10-2020
founded in 2020
0757.709.956
and 2 more

Connections & network

3 current directors
Depth

The network starts from the directors of VAN HYFTE PROJECTS. 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

Timeline

39 events since 2003

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0479630653
Annual accounts 2025 filed NBBabbreviated format · 32 days before the deadline
Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Maldegem
Environmental permit granted OmgevingsloketNieuwbouw of aanleggen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Slopen van niet vrijstaande gebouwen of constructies and 1 more · Maldegem
2025
Back to profit net €114,391 The net result is €114,391, after one loss-making year.
Annual accounts 2024 filed PDFabbreviated format · 64 days before the deadline
2024
Weakest financial year net -€429,773 The net result drops to -€429,773, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFabbreviated format · 16 days before the deadline
Amendment of the articles · Legal-form changeLegal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 21-12-20235 points ▸
  • General meeting, 21-12-2023
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • Capital, €31,200
  • Registered office clause, Vliegplein 31, 9991 Maldegem (Adegem)
  • Power of attorney, Julie Leroy
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFabbreviated format · 104 days before the deadline
2022
Highest result from 2007 to 2025 net €2.1m ▲349% The operating result of €2.7m and the net result of €2.1m are both a record.
Annual accounts 2021 filed PDFabbreviated format · 41 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 116 days before the deadline
2020
Equity above €1m equity €1.0m ▲113% After 4 profitable years in a row, equity reaches €1.0m.
1 director appointed, 2 resignationsResignations: Van Hyfte Patrick and Van Hyfte Davy · Appointment: INDURENT VAN HYFTE · Permanent representatives: Van Hyfte Patrick and Van Hyfte Davy · General meeting of 27-10-20209 points ▸
  • General meeting, 27-10-2020
  • Director resignation, Van Hyfte Patrick
  • Director resignation, Van Hyfte Davy
  • Director discharge, Van Hyfte Patrick
  • Director discharge, Van Hyfte Davy
  • Director appointment, INDURENT VAN HYFTE
  • Director appointment, Van Hyfte
  • Permanent representative, Van Hyfte Patrick
  • Permanent representative, Van Hyfte Davy

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFabbreviated format · 61 days late
2019
Equity above €200,000 equity €477,354 ▲338% After 3 profitable years in a row, equity reaches €477,354.
Annual accounts 2018 filed PDFabbreviated format · 2 days before the deadline
2018
Equity above €100,000 equity €108,909 ▲193% After 2 profitable years in a row, equity reaches €108,909.
Annual accounts 2017 filed PDFabbreviated format · 30 days late
2017
Back to profit net €164,171 The net result is €164,171, after 2 loss-making years.
Annual accounts 2016 filed PDFabbreviated format · 6 days before the deadline
2016
Liquidity more than 45 times current ratio 2.46 The current ratio rises from 0.05 to 2.46. Short-term debt falls from €126,612 to €93,616.
Annual accounts 2015 filed PDFabbreviated format · 19 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 29 days late
2014
Back to profit net €5,243 The net result is €5,243, after 2 loss-making years.
Annual accounts 2013 filed PDFabbreviated format · 29 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 35 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 27 days late
2010
Annual accounts 2010 filed PDFabbreviated format · on the deadline day
2009
Annual accounts 2009 filed PDFabbreviated format · 2 days before the deadline
Back to profit net €3,787 The net result is €3,787, after one loss-making year.
2008
Annual accounts 2008 filed PDFabbreviated format · on the deadline day
2007
Annual accounts 2007 filed PDFabbreviated format · 21 days before the deadline
2006
Annual accounts 2006 filed PDFabbreviated format · 20 days before the deadline
2005
Annual accounts 2005 filed PDFabbreviated format
2004
Annual accounts 2004 filed PDFabbreviated format
2003
First establishment Vliegplein 31, Maldegem
Incorporation PDFpublished on 04-03-2003

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

VAN HYFTE PROJECTS was incorporated on 24 February 2003.1 Total assets went from €2.9m in 2018 to €3.0m in 2025.2

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

Company details

Identity

Enterprise number
0479.630.653
VAT number
BE 0479.630.653
Peppol ID
0208:0479630653
Legal form
Private limited company
Status
Active, normal situation
Founded
24-02-2003
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Monday of May at 10:00
deed of 03-01-2024 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VAN HYFTE PROJECTS in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 03-01-2024 (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 03-01-2024 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41101 Real estate development main activity
68311 Real estate activities
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verlenen van adviezen en het verstrekken van prestaties op financieel,technisch,juridisch,logistiek,commercieel of administratief vlak…”
28 activities
  1. Het verlenen van adviezen en het verstrekken van prestaties op financieel,technisch,juridisch,logistiek,commercieel of administratief vlak; het stimuleren,plannen en coördineren van de ontwikkeling van andere rechtspersonen of ondernemingen;
  2. De kleinhandel in grote verscheidenheid van goederen waarbij voedings- en genotsmiddelen niet overheersen,zoals kleding,meubelen,apparaten,ijzerwaren,cosmetica,sieraden,speelgoed enzovoort met verkoopoppervlakte kleiner dan tweeduizend vierkante meter,kleinhandel in reukwerk en cosmetica,kleinhandel in toiletartikelen,gespecialiseerde kleinhandel in nieuwe artikelen in winkels,kleinhandel in textiel,kleinhandel in kledingstoffen en meubileringstoffen,kleinhandel in huishoudtextiel zoals in lakens,dekens,tafelkleden,handdoeken,enzovoort,kleinhandel in kleding,kleinhandel in bovenkleding (inclusief werkkleding,sportkleding en ceremoniekleding) van ongeacht welk materiaal (textielstoffen,breigoed,leer,bont,enzovoort),voor heren,dames en kinderen (algemeen assortiment),kleinhandel in onderkleding,lingerie,strand en badkleding,kleinhandel in kledingaccessoires,kleinhandel in hoeden,handschoenen,dassen,ceinturen,paraplu’s,enzovoort,kleinhandel in schoeisel en lederwaren,kleinhandel in lederwaren en reisartikelen van leer of van leervervangers,kleinhandel in meubels en artikelen voor verlichting en woninginrichting,kleinhandel in niet-elektrische huishoudapparaten,messenmakerswerk vaatwerk,aardewerk,porselein en glaswerk,kleinhandel in overgordijnen,glasgordijnen en overige huishoudartikelen van textiel,gespecialiseerde kleinhandel in geschenken met betrekking tot de woninginrichting,de kleinhandel in huishoudelijke artikelen.
  3. Het waarnemen van bestuursopdrachten en –mandaten,het uitoefenen van opdrachten en functies.
  4. Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten en technologieën en hun toepassingen; het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële vaste activa;
  5. De verhuur en lease van personenvoertuigen en lichte vrachtvoertuigen met een laadvermogen van minder dan drie en een halve ton
  6. De verhuur en lease van personenvoertuigen en lichte vrachtvoertuigen met een laadvermogen van meer dan drie en een halve ton.
  7. De verhuur en lease van machines,apparaten en handgereedschappen voor doe-het-zelf zaken.
  8. De activiteit van een verhuisbedrijf
  9. De aan- en verkoop evenals de in- en uitvoer van om het even welke goederen evenals het optreden als tussenpersoon bij voormelde verrichtingen.
  10. Het huren,verhuren,leasen en uitbaten op alle mogelijke wijzen van alle mogelijke onbebouwde en bebouwde onroerende goederen.
  11. Het in bewaring nemen van onroerende goederen,de specifieke activiteit van de onroerende promotie.
  12. Dit alles in de hoedanigheid van hoofdhandelaar,dan wel als makelaar,bemiddelaar,agent of commissaris,als hoofdaannemer dan wel als onderaannemer en binnen het kader van de wettelijke en bestuurlijke voorschriften terzake.
  13. Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van een onroerend patrimonium,alsook van een roerend patrimonium doch dit slechts voor eigen rekening.
  14. Alle activiteiten van een houdstermaatschappij en namelijk het verwerven,aankopen en verkopen,beheren en tot waarde brengen van alle participaties,aandelen van en in alle vennootschappen en ondernemingen.
  15. Het verlenen van diensten en adviezen aan personen en bedrijven,in het algemeen met betrekking tot het bedrijfsbeheer,managementsadvies,het voeren van marketingcampagnes en al wat daarmede rechtstreeks of onrechtstreeks verband houdt.
  16. De vennootschap mag alle verbintenissen aangaan,kredieten en leningen toestaan aan haar aandeelhouders en/of bestuurders,zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
  17. Alle aannemingen en uitvoeren van alle bouwwerken in hun verschillende stadia,ruwbouw en afwerking,herstellingen en afbraak met inbegrip van het uitvoeren van de loodgieterij,schrijnwerkerij,elektriciteitsinstallatie,bevloering,bepleistering,centrale verwarming,grondwerken,rioleringswerken,leggen van kabels en leidingen,bouwen van stellingen,invoegen en reinigen van gevels,warmte- en geluidsinstallatie en isolatie,aanleggen van parken en tuinen,van opritten en terrassen,plaatsen van afsluitingen,en alle werken in verband met de bouwnijverheid,dit alles onder alle vormen en in materialen vervaardigd uit om het even welke grondstof,de fabricatie en de handel van en in deze materialen,grondstoffen en afgewerkte producten,dit voor eigen rekening of voor rekening van derden.
  18. De algemene coördinatie van werkzaamheden onderaannemers op de bouwwerf.
  19. Het verlenen van bouwkundige adviezen aan de bouwheer.
  20. De aan- en verkoop van alle soorten bouwmaterialen voor eigen gebruik of voor derden.
  21. Deze opsomming is niet beperkend,maar enkel aanwijzend.
  22. De vennootschap zal alle burgerlijke,industriële,commerciële,financiële,roerende en onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp,die van aard zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden,en die daartoe noodzakelijk zijn,nuttig of zelfs alleen maar bevorderend.
  23. De vennootschap kan optreden als bestuurder of vereffenaar in andere vennootschappen
  24. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen; de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende goederen te bevorderen; alsmede zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen.
  25. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen op participaties,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten.
  26. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,in eender welke vorm; het zich borg stellen of aval verlenen,in de meest ruime zin; alle handelsoperaties en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
  27. De aankoop en de verkoop van alle onbebouwde en bebouwde onroerende goederen van alle aard en voor alle bestemmingen,het verkavelen,uitrusten,inrichten en tot waarde brengen op alle mogelijke wijzen van alle onbebouwde onroerende goederen,het bouwen,verbouwen,aanpassen,herstellen van alle gebouwen en constructies bij middel van alle technieken en in alle stadia van afwerking.
  28. De vennootschap zal zich bovendien dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen,voor zover de vennootschap zelf niet aan deze bepalingen voldoet.
deed of 03-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Vliegplein 31 registered office 9991 Maldegem 17-03-2003 2.126.470.919

Buildings and parcels at the address

Ground area
1,389 m²
Buildings
345 m²
Volume, LiDAR
1,317 m³
Tallest building
7.1 m
Buildings to scale, each on its own parcel
345 m², 7.1 m 345 m², 7.1 m

Environmental permits

3 applications in Flanders since 2023 · 2 granted
09-06-2026 Granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 25-03-2026 · project 2026037312 Maldegem
17-02-2026 Granted Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden submitted 18-07-2025 · project 2025084004 Maldegem
02-10-2023 Discontinued Functiewijziging; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen submitted 04-08-2023 · project 2023099125 Maldegem

Source: Omgevingsloket Vlaanderen.

Location

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

Parcels

Cadastral parcelArea Buildings Height / floors
43001H0463/00T0001,389 m² 1 · 345 m² 7.1 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 0479.630.653