ACTIVE

CDL-pROJECT

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Financial year 2025 · closed on 31/12/2025

Net result

364,4 k €

+2575.5% YoY

Gross margin

590,7 k €

+776.3% YoY

Equity

669 k €

+96.8% YoY

What does CDL-pROJECT do?

CDL-pROJECT is a Private limited company incorporated in 1992. Its main activity is: Architectural activities. Its registered office is in Neupré.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.957.579

Incorporation

17/07/1992

Legal form

Private limited company

Registered office

Chemin de l'Arbois(PLX) 7
4122 Neupré · WallonieSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

71111Architectural activities· main 71111Architectural activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	590,7 k €	+776%	67,4 k €	+19.7%	56,3 k €	-46.9%	106,2 k €	+45.4%	73 k €	+26.1%	57,9 k €	+3.9%	55,7 k €	-5.8%	59,1 k €	+5.0%	56,3 k €	-5.5%	59,6 k €	+11.7%	53,4 k €	-9.2%	58,8 k €	+19.1%	49,4 k €	+35.0%	36,6 k €	-24.9%	48,7 k €	-7.6%	52,7 k €	-1.4%	53,4 k €	+0.5%	53,2 k €	-3.6%	55,2 k €	+17.8%	46,8 k €
EBITDA	573,1 k €	+1016%	51,4 k €	+26.5%	40,6 k €	-54.9%	89,9 k €	+49.5%	60,1 k €	+21.8%	49,4 k €	+5.4%	46,9 k €	-2.2%	47,9 k €	-1.1%	48,5 k €	-5.4%	51,2 k €	+12.9%	45,4 k €	-11.0%	51 k €	+22.7%	41,6 k €	+43.3%	29 k €	-30.7%	41,8 k €	-9.1%	46 k €	-10.1%	51,2 k €	+1.4%	50,5 k €	-5.5%	53,4 k €	+18.4%	45,1 k €
Operating result	560,7 k €	+1131%	45,5 k €	+30.3%	35 k €	-58.0%	83,2 k €	+56.2%	53,3 k €	+62.1%	32,9 k €	+7.4%	30,6 k €	+12.4%	27,2 k €	+9.9%	24,8 k €	+21.1%	20,5 k €	+25.4%	16,3 k €	-24.9%	21,7 k €	+80.0%	12,1 k €	+391%	2,5 k €	-83.1%	14,5 k €	-23.5%	19 k €	-20.9%	24 k €	+39.5%	17,2 k €	-46.7%	32,3 k €	-6.6%	34,6 k €
Net result	364,4 k €	+2575%	13,6 k €	+13.0%	12,1 k €	-76.7%	51,8 k €	+58.6%	32,6 k €	+55.5%	21 k €	+18.6%	17,7 k €	+7.9%	16,4 k €	+13.9%	14,4 k €	+4.5%	13,8 k €	+21.0%	11,4 k €	-40.1%	19 k €	+90.6%	10 k €	+512%	1,6 k €	-86.6%	12,1 k €	-19.6%	15,1 k €	-17.4%	18,3 k €	+34.8%	13,6 k €	-42.3%	23,5 k €	-6.5%	25,1 k €
Balance sheet
Equity	669 k €	+96.8%	339,9 k €	+4.2%	326,2 k €	+3.8%	314,2 k €	+13.5%	276,8 k €	+13.0%	245 k €	+9.4%	224 k €	+8.6%	206,3 k €	+8.6%	189,9 k €	-11.4%	214,3 k €	+6.9%	200,5 k €	-12.5%	229,1 k €	-11.9%	260,1 k €	+4.0%	250,1 k €	-18.9%	308,5 k €	+4.1%	296,4 k €	-1.6%	301,3 k €	+6.5%	283 k €	+5.0%	269,5 k €	+9.5%	246 k €
Total assets	1,2 M €	-40.5%	2,1 M €	+62.0%	1,3 M €	+40.0%	925,7 k €	+187%	322,7 k €	+23.2%	262 k €	+6.6%	245,7 k €	+8.5%	226,4 k €	-10.6%	253,2 k €	+5.8%	239,3 k €	-7.7%	259,4 k €	-14.2%	302,3 k €	+1.6%	297,7 k €	-1.0%	300,8 k €	-10.8%	337,2 k €	-5.2%	355,8 k €	+0.4%	354,4 k €	-2.7%	364,1 k €	+1.2%	359,8 k €	+31.4%	273,9 k €
Cash	232,4 k €	+682%	29,7 k €	-50.2%	59,7 k €	-77.6%	266,3 k €	+134%	113,9 k €	+105%	55,5 k €	+122%	25 k €	+560%	3,8 k €	-91.2%	43 k €	+54.6%	27,8 k €	-35.4%	43 k €	-24.9%	57,3 k €	+145%	23,4 k €	-28.8%	32,8 k €	-13.4%	37,9 k €	+32.6%	28,6 k €	+276%	7,6 k €	-81.2%	40,4 k €	+2.7%	39,3 k €	+3216%	1,2 k €
Debts	565,7 k €	-67.6%	1,7 M €	+83.1%	953,1 k €	+57.0%	607,1 k €	+1277%	44,1 k €	+191%	15,2 k €	-23.8%	19,9 k €	+8.9%	18,3 k €	-70.2%	61,4 k €	+150%	24,5 k €	-58.0%	58,4 k €	-19.3%	72,3 k €	+97.2%	36,7 k €	-26.9%	50,1 k €	+78.3%	28,1 k €	-52.2%	58,8 k €	+12.3%	52,4 k €	-33.8%	79,1 k €	-11.4%	89,3 k €	+220%	27,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 20 ended

Active mandates

Béatrice WALHIN

Director · since 18 septembre 2023

Active

Pierre PIRARD

Director · since 18 septembre 2023

Active

Ended mandates

Béatrice WALHIN

Director · since 27 décembre 2017

Ended

Béatrice WALHIN

Manager · since 27 décembre 2017

Ended

Pierre PIRARD

Director · since 27 décembre 2017

Ended

Pierre PIRARD

Manager · since 27 décembre 2017

Ended

At this address

Other companies at this address

Company	CBE no.
FLOOR4HORSES● Active	1018.816.140

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	04/07/2025	30/08/2024	22/08/2023	31/08/2022	02/08/2021
General meeting	29/06/2026	27/06/2025	28/06/2024	23/06/2023	24/06/2022	25/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/06/2026	30/06/2026	French	PDF
Micro model	31/12/2024	27/06/2025	04/07/2025	French	PDF
Micro model	31/12/2023	28/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	23/06/2023	22/08/2023	French	PDF
Abridged model	31/12/2021	24/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	25/06/2021	02/08/2021	French	PDF
Micro model	31/12/2019	26/06/2020	12/08/2020	French	PDF
Micro model	31/12/2018	28/06/2019	28/06/2019	French	PDF
Micro model	31/12/2017	22/06/2018	20/08/2018	French	PDF
Micro model	31/12/2016	23/06/2017	10/07/2017	French	PDF
Abridged model	31/12/2015	30/03/2016	26/05/2016	French	PDF
Abridged model	31/12/2014	26/06/2015	22/07/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	12/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	13/08/2013	French	PDF
Abridged model	31/12/2011	22/06/2012	21/08/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	25/08/2010	French	PDF
Abridged model	31/12/2008	26/06/2009	06/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	22/06/2007	25/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 20 ended

Active mandates

Béatrice WALHIN

Director · since 18 septembre 2023

Active

Pierre PIRARD

Director · since 18 septembre 2023

Active

Ended mandates

Béatrice WALHIN

Director · since 27 décembre 2017

Ended

Béatrice WALHIN

Manager · since 27 décembre 2017

Ended

Pierre PIRARD

Director · since 27 décembre 2017

Ended

Pierre PIRARD

Manager · since 27 décembre 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/09/2023
MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Registered office23/08/2021
SIEGE SOCIAL
PDF
Capital / shares24/01/2018
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates18/07/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates12/05/2016
DEMISSIONS, NOMINATIONS
PDF
Capital / shares09/01/2012
CAPITAL, ACTIONS
PDF
Mandates03/09/2010
DEMISSIONS, NOMINATIONS
PDF
Capital / shares05/08/2005
ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025364,4 k €↑
2024
Annual accounts 202413,6 k €↑
2023
Annual accounts 202312,1 k €↓
2023
Name changeCDL - Project
2022
Annual accounts 202251,8 k €↑
2021
Annual accounts 202132,6 k €↑
2020
Annual accounts 202021 k €↑
2019
Annual accounts 201917,7 k €↑
2018
Annual accounts 201816,4 k €↑
2017
Annual accounts 201714,4 k €↑
2016
Annual accounts 201613,8 k €↑
2015
Annual accounts 201511,4 k €↓
2014
Annual accounts 201419 k €↑
2013
Annual accounts 201310 k €↑
2012
Annual accounts 20121,6 k €↓
2011
Annual accounts 201112,1 k €↓
2010
Annual accounts 201015,1 k €↓
2009
Annual accounts 200918,3 k €↑
2008
Annual accounts 200813,6 k €↓
2007
Annual accounts 200723,5 k €↓
2006
Annual accounts 200625,1 k €
2006
Name changeSociété immobilière de Lavaux
17/07/1992
IncorporationPrivate 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

CDL-pROJECT

Overview

What does CDL-pROJECT do?

Trend over 20 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