ACTIVE

P&A Projects

Financial year 2025 · closed on 31/12/2025
Net result
44,9 k €
+171.5% YoY
Gross margin
323,6 k €
+187.4% YoY
Equity
1,6 M €
-32.1% YoY
Workforce
1,0 ETP
0.0% YoY

What does P&A Projects do?

P&A Projects is a Private limited company incorporated in 1960. Its main activity is: Construction of buildings. Its registered office is in Maldegem. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.004.928
Incorporation
04/03/1960
Legal form
Private limited company
Registered office
Molenstraat 21
9991 Maldegem · FlandreSee on map
Contributed capital
615 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin323,6 k €112,6 k €113,4 k €77,4 k €201,8 k €
EBITDA261 k €53,1 k €34,6 k €13,1 k €158,9 k €
Operating result157,1 k €-7 k €-9,7 k €-24,9 k €131 k €
Net result44,9 k €-62,8 k €-1,2 k €-30,1 k €89,8 k €
Balance sheet
Equity1,6 M €2,4 M €1,9 M €1 M €1,1 M €
Total assets5,8 M €5 M €2,3 M €1,4 M €1,4 M €
Cash197 k €274,4 k €102,4 k €219,9 k €374,6 k €
Debts4,2 M €2,6 M €426,3 k €371,7 k €331,3 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP0,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Peter Borgonjon

Bestuurder · since 01 mars 2009

Active

Ended mandates

Peter Borgonjon

Director · since 01 mars 2009

Ended
Peter Borgonjon

Manager · since 01 mars 2009

Ended
Aureel Borgonjon

Manager · since 04 septembre 1976 · until 01 mars 2009

Ended
Aureel Borgonjon

Manager · since 04 septembre 1976

Ended
At this address

Other companies at this address

CompanyCBE no.
0803.845.829
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date05/06/202616/06/202518/06/202416/06/202305/07/202231/05/2021
General meeting22/05/202623/05/202524/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/05/202605/06/2026DutchPDF
Abridged model31/12/202423/05/202516/06/2025DutchPDF
Abridged model31/12/202324/05/202418/06/2024DutchPDF
Abridged model31/12/202226/05/202316/06/2023DutchPDF
Abridged model31/12/202127/05/202205/07/2022DutchPDF
Abridged model31/12/202028/05/202131/05/2021DutchPDF
Abridged model31/12/201922/05/202008/06/2020DutchPDF
Abridged model31/12/201824/05/201913/06/2019DutchPDF
Abridged model31/12/201725/05/201828/05/2018DutchPDF
Abridged model31/12/201626/05/201707/06/2017DutchPDF
Abridged model31/12/201527/05/201623/06/2016DutchPDF
Abridged model31/12/201422/05/201527/05/2015DutchPDF
Abridged model31/12/201323/05/201426/05/2014DutchPDF
Abridged model31/12/201224/05/201329/05/2013DutchPDF
Abridged model31/12/201125/05/201207/06/2012DutchPDF
Abridged model31/12/201027/05/201109/06/2011DutchPDF
Abridged model31/12/200903/06/201014/06/2010DutchPDF
Abridged model31/12/200822/05/200929/05/2009DutchPDF
Abridged model31/12/200723/05/200826/05/2008DutchPDF
Abridged model31/12/200625/05/200707/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Peter Borgonjon

Bestuurder · since 01 mars 2009

Active

Ended mandates

Peter Borgonjon

Director · since 01 mars 2009

Ended
Peter Borgonjon

Manager · since 01 mars 2009

Ended
Aureel Borgonjon

Manager · since 04 septembre 1976 · until 01 mars 2009

Ended
Aureel Borgonjon

Manager · since 04 septembre 1976

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares22/07/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates19/11/2019
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Capital / shares20/02/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other21/10/2010
    BENAMING - DOEL
    PDF
  • Mandates04/02/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/02/2004
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202544,9 k €
  2. 2024
    Annual accounts 2024-62,8 k €
  3. 2023
    Annual accounts 2023-1,2 k €
  4. 2022
    Annual accounts 2022-30,1 k €
  5. 2021
    Annual accounts 202189,8 k €
  6. 04/03/1960
    IncorporationPrivate limited company