ACTIVE

C & D PROJECTS

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Financial year 2025 · closed on 31/03/2025

Net result

1,6 M €

+957.5% YoY

Gross margin

479,3 k €

-3.0% YoY

Equity

27,7 M €

+6.1% YoY

Workforce

3,6 ETP

-12.2% YoY

What does C & D PROJECTS do?

C & D PROJECTS is a Public limited company incorporated in 1991. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Gent. It employs on average 3,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.457.274

Incorporation

28/02/1991

Legal form

Public limited company

Registered office

Sint-Denijslaan 485
9000 Gent · FlandreSee on map

Contributed capital

4 480 550,00 €

Latest accounts

31/03/2025

Average workforce

3,6 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 70100Activities of head offices 70100Activities of head offices 70201Management consultancy activities 74152Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	479,3 k €	-3.0%	494 k €	-11.1%	555,4 k €	+7.5%	516,6 k €	+83.4%	281,7 k €	-57.5%	663,3 k €	+14.0%	581,7 k €	-12.7%	666,1 k €	+24.7%	534,4 k €	+62.7%	328,5 k €	+52.9%	214,8 k €	-23.7%	281,4 k €	+3.5%	271,8 k €	-15.3%	320,8 k €	-9.7%	355,3 k €	-1.1%	359,4 k €	+13.5%	316,8 k €	+30.5%	242,7 k €	+17.7%	206,2 k €
EBITDA	283,5 k €	-7.0%	304,8 k €	-23.8%	400,1 k €	+2.6%	390 k €	+101%	194,2 k €	-61.4%	503,1 k €	+33.4%	377,1 k €	-14.0%	438,3 k €	+21.9%	359,5 k €	+85.1%	194,2 k €	+115%	90,3 k €	-48.5%	175,4 k €	+7.4%	163,3 k €	-29.6%	232,1 k €	-5.1%	244,7 k €	+13.4%	215,8 k €	+28.7%	167,7 k €	+26.0%	133,1 k €	+17.2%	113,6 k €
Operating result	201 k €	+5.6%	190,3 k €	-29.1%	268,4 k €	+6.3%	252,5 k €	+410%	49,5 k €	-84.6%	321 k €	+78.8%	179,5 k €	-15.8%	213,3 k €	+169%	79,4 k €	+71.1%	46,4 k €	+165%	17,5 k €	-89.0%	159,3 k €	+6.7%	149,3 k €	-32.1%	219,8 k €	+3.9%	211,6 k €	+19.9%	176,4 k €	+43.7%	122,8 k €	+55.2%	79,1 k €	+47.5%	53,6 k €
Net result	1,6 M €	+957%	151,7 k €	-93.8%	2,4 M €	+1345%	168,7 k €	+1369%	-13,3 k €	-101%	2,1 M €	-34.5%	3,3 M €	+4232%	75,7 k €	+509%	-18,5 k €	-102%	989,2 k €	+42.5%	694,3 k €	+104464%	664 €	-99.9%	499,2 k €	-79.5%	2,4 M €	-30.0%	3,5 M €	+1198%	267,9 k €	-64.2%	749,1 k €	-15.1%	882,5 k €	+848%	93,1 k €
Balance sheet
Equity	27,7 M €	+6.1%	26,1 M €	+0.6%	25,9 M €	+10.4%	23,5 M €	+0.7%	23,3 M €	+0.2%	23,3 M €	+10.2%	21,2 M €	+18.7%	17,8 M €	+0.4%	17,7 M €	-0.1%	17,8 M €	+5.9%	16,8 M €	+4.3%	16,1 M €	+11.8%	14,4 M €	+3.6%	13,9 M €	+21.3%	11,4 M €	+79.2%	6,4 M €	+4.4%	6,1 M €	+13.9%	5,4 M €	+19.7%	4,5 M €
Total assets	30,1 M €	+5.7%	28,5 M €	+0.6%	28,3 M €	+9.4%	25,9 M €	+0.7%	25,7 M €	-0.3%	25,8 M €	+9.0%	23,7 M €	+12.9%	20,9 M €	+0.4%	20,9 M €	-0.8%	21 M €	+8.6%	19,4 M €	+3.7%	18,7 M €	+10.0%	17 M €	+3.0%	16,5 M €	+0.4%	16,4 M €	+41.9%	11,6 M €	+7.0%	10,8 M €	-3.4%	11,2 M €	+105%	5,5 M €
Cash	110,2 k €	-34.4%	168 k €	-35.4%	260 k €	-82.5%	1,5 M €	+652%	197 k €	-93.6%	3,1 M €	+52.5%	2 M €	+2291%	85 k €	-74.9%	338,7 k €	-79.5%	1,7 M €	+48.5%	1,1 M €	-13.2%	1,3 M €	-13.1%	1,5 M €	+47.7%	1 M €	-56.1%	2,3 M €	+214%	725,8 k €	+10.8%	655,2 k €	+640%	88,6 k €	-71.1%	306,9 k €
Debts	2,2 M €	+1.5%	2,2 M €	+1.1%	2,1 M €	+0.5%	2,1 M €	+1.2%	2,1 M €	-1.7%	2,2 M €	-0.4%	2,2 M €	-19.8%	2,7 M €	+1.0%	2,7 M €	-5.0%	2,8 M €	+7.7%	2,6 M €	-0.2%	2,6 M €	+0.1%	2,6 M €	-0.0%	2,6 M €	-47.6%	5 M €	-2.2%	5,1 M €	+14.9%	4,4 M €	-22.6%	5,7 M €	+478%	990,6 k €
Other
Workforce	3,6 ETP	-12.2%	4,1 ETP	+17.1%	3,5 ETP	-12.5%	4,0 ETP	+5.3%	3,8 ETP	-5.0%	4,0 ETP	-14.9%	4,7 ETP	-7.8%	5,1 ETP	+15.9%	4,4 ETP	+33.3%	3,3 ETP	+10.0%	3,0 ETP	+20.0%	2,5 ETP	+4.2%	2,4 ETP	+4.3%	2,3 ETP	-20.7%	2,9 ETP	-23.7%	3,8 ETP	-9.5%	4,2 ETP	+44.8%	2,9 ETP	+3.6%	2,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 7 ended

Active mandates

Nathalie DE COOMAN

Managing director · until 20 septembre 2027

Active

Pieter CLAERHOUT

Managing director · until 20 septembre 2027

Active

Ended mandates

Nathalie DE COOMAN

Managing director · until 21 septembre 2009

Ended

Nathalie DE COOMAN

Managing director · until 21 septembre 2015

Ended

Nathalie DE COOMAN

Managing director · until 20 septembre 2021

Ended

Pieter CLAERHOUT

Director · until 21 septembre 2015

Ended

At this address

Other companies at this address

Company	CBE no.
AVINCI● Active	0477.787.752
CLAERHOUT● Active	0443.475.684
Corporate Communicatie● Active	0823.433.097
kantooR4● Active	0847.398.532
PARK TER MEERSEN● Active	0464.262.784
STUDIO CLAERHOUT● Active	0441.907.848

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/09/2025	20/09/2024	02/10/2023	29/09/2022	13/10/2021	25/09/2020
General meeting	15/09/2025	16/09/2024	18/09/2023	19/09/2022	20/09/2021	21/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	15/09/2025	23/09/2025	Dutch	PDF
Abridged model	31/03/2024	16/09/2024	20/09/2024	Dutch	PDF
Abridged model	31/03/2023	18/09/2023	02/10/2023	Dutch	PDF
Abridged model	31/03/2022	19/09/2022	29/09/2022	Dutch	PDF
Abridged model	31/03/2021	20/09/2021	13/10/2021	Dutch	PDF
Abridged model	31/03/2020	21/09/2020	25/09/2020	Dutch	PDF
Abridged model	31/03/2019	16/09/2019	16/10/2019	Dutch	PDF
Abridged model	31/03/2018	17/09/2018	28/09/2018	Dutch	PDF
Abridged model	31/03/2017	18/09/2017	24/10/2017	Dutch	PDF
Abridged model	31/03/2016	19/09/2016	14/11/2016	Dutch	PDF
Abridged model	31/03/2015	21/09/2015	29/10/2015	Dutch	PDF
Abridged model	31/03/2014	15/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	16/09/2013	20/09/2013	Dutch	PDF
Abridged model	31/03/2012	17/09/2012	24/10/2012	Dutch	PDF
Abridged model	31/03/2011	19/09/2011	02/11/2011	Dutch	PDF
Abridged model	31/03/2010	20/09/2010	05/10/2010	Dutch	PDF
Abridged model	31/03/2009	21/09/2009	09/10/2009	Dutch	PDF
Abridged model	31/03/2008	15/09/2008	24/10/2008	Dutch	PDF
Abridged model	31/03/2007	17/09/2007	24/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 31/03/2025 · 2 active · 7 ended

Active mandates

Nathalie DE COOMAN

Managing director · until 20 septembre 2027

Active

Pieter CLAERHOUT

Managing director · until 20 septembre 2027

Active

Ended mandates

Nathalie DE COOMAN

Managing director · until 21 septembre 2009

Ended

Nathalie DE COOMAN

Managing director · until 21 septembre 2015

Ended

Nathalie DE COOMAN

Managing director · until 20 septembre 2021

Ended

Pieter CLAERHOUT

Director · until 21 septembre 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring22/09/2023
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/05/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates05/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/10/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/11/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares20/07/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/10/2009
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

2025
Annual accounts 20251,6 M €↑
2024
Annual accounts 2024151,7 k €↓
2023
Annual accounts 20232,4 M €↑
2022
Annual accounts 2022168,7 k €↑
2021
Annual accounts 2021-13,3 k €↓
2020
Annual accounts 20202,1 M €↓
2019
Annual accounts 20193,3 M €↑
2018
Annual accounts 201875,7 k €↑
2017
Annual accounts 2017-18,5 k €↓
2016
Annual accounts 2016989,2 k €↑
2015
Annual accounts 2015694,3 k €↑
2014
Annual accounts 2014664 €↓
2013
Annual accounts 2013499,2 k €↓
2012
Annual accounts 20122,4 M €↓
2011
Annual accounts 20113,5 M €↑
2010
Annual accounts 2010267,9 k €↓
2009
Annual accounts 2009749,1 k €↓
2008
Annual accounts 2008882,5 k €↑
2007
Annual accounts 200793,1 k €
28/02/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

C & D PROJECTS

Overview

What does C & D PROJECTS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline