ACTIVE

Project Distribution

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Financial year 2025 · closed on 31/12/2025

Net result

479,5 k €

+59.7% YoY

Gross margin

1,7 M €

+16.9% YoY

Equity

986,8 k €

+32.0% YoY

Workforce

21,3 ETP

-4.5% YoY

What does Project Distribution do?

Project Distribution is a Public limited company incorporated in 1996. Its registered office is in Anderlecht. It employs on average 21,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.757.639

Incorporation

10/09/1996

Legal form

Public limited company

Registered office

Rue Bollinckx 254 box 1
1070 Anderlecht · BruxellesSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

21,3 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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	1,7 M €	+16.9%	1,4 M €	+39.8%	1 M €	-5.7%	1,1 M €	-23.2%	1,4 M €	+128%	625,9 k €	-35.3%	967,2 k €	+2.3%	945,4 k €	-6.5%	1 M €	+5.4%	959,4 k €	-4.5%	1 M €	+29.7%	774,4 k €	-21.1%	982,1 k €	+43.6%	683,8 k €	-30.4%	982,2 k €	+38.9%	707,3 k €	+17.3%	602,8 k €	+39.0%	433,8 k €	+25.1%	346,8 k €	+41.8%	244,6 k €
EBITDA	868,4 k €	+38.0%	629,1 k €	+272%	169,1 k €	-40.5%	284 k €	-58.1%	678,5 k €	+501%	112,8 k €	-17.1%	136,1 k €	-21.3%	172,9 k €	+4.5%	165,4 k €	-23.8%	216,9 k €	-43.3%	382,4 k €	+194%	130 k €	-15.2%	153,3 k €	+1048%	-16,2 k €	-107%	247,1 k €	+3.4%	239,1 k €	+5.8%	226 k €	+48.4%	152,3 k €	+15.1%	132,3 k €	+169%	49,3 k €
Operating result	774,4 k €	+45.1%	533,6 k €	+498%	89,3 k €	-58.1%	213,2 k €	-65.1%	611,6 k €	+850%	64,4 k €	-3.2%	66,5 k €	-35.1%	102,5 k €	+11.1%	92,2 k €	-37.7%	148 k €	-51.3%	303,7 k €	+380%	63,2 k €	-24.6%	83,9 k €	+177%	-109 k €	-184%	129,9 k €	-20.2%	162,8 k €	+19.4%	136,3 k €	+49.8%	91 k €	+78.6%	50,9 k €	+629%	7 k €
Net result	479,5 k €	+59.7%	300,2 k €	+2207%	13 k €	-82.7%	75,1 k €	-82.5%	430,1 k €	+1579%	25,6 k €	+27.6%	20,1 k €	-20.7%	25,3 k €	+12.1%	22,6 k €	-63.5%	61,8 k €	+3.9%	59,5 k €	+5498%	1,1 k €	-88.6%	9,3 k €	+106%	-150,9 k €	-507%	37 k €	-59.7%	91,9 k €	-10.1%	102,2 k €	+77.1%	57,7 k €	+60.2%	36 k €	+486%	6,1 k €
Balance sheet
Equity	986,8 k €	+32.0%	747,3 k €	+12.7%	662,8 k €	-18.2%	809,9 k €	-10.6%	906,1 k €	+90.3%	476,1 k €	+5.7%	450,4 k €	+4.7%	430,4 k €	+6.3%	405,1 k €	+5.9%	382,5 k €	+19.3%	320,7 k €	+22.8%	261,2 k €	+0.4%	260,1 k €	+3.7%	250,8 k €	-37.6%	401,6 k €	+10.2%	364,6 k €	-2.2%	372,7 k €	+0.6%	370,5 k €	+18.5%	312,8 k €	+13.0%	276,7 k €
Total assets	2,3 M €	-7.3%	2,5 M €	+41.3%	1,7 M €	-10.9%	2 M €	-12.5%	2,2 M €	+60.5%	1,4 M €	-5.3%	1,5 M €	-4.0%	1,5 M €	+23.3%	1,2 M €	-4.3%	1,3 M €	+4.3%	1,2 M €	-21.4%	1,6 M €	-6.8%	1,7 M €	+1.9%	1,7 M €	-7.8%	1,8 M €	+78.5%	1 M €	-6.8%	1,1 M €	+41.2%	767,7 k €	+19.3%	643,3 k €	+14.3%	563 k €
Cash	713,5 k €	+18.6%	601,6 k €	+97.4%	304,7 k €	-35.7%	474 k €	-5.4%	501,2 k €	+62.8%	307,8 k €	-10.0%	341,9 k €	+2.7%	333,1 k €	+40.9%	236,4 k €	-42.7%	413 k €	+23.5%	334,3 k €	+37.8%	242,6 k €	+50.1%	161,7 k €	-9.8%	179,2 k €	+12.2%	159,8 k €	+2.4%	156 k €	+140%	64,9 k €	-49.3%	127,9 k €	+0.3%	127,5 k €	+57.9%	80,8 k €
Debts	1,3 M €	-24.5%	1,7 M €	+58.9%	1,1 M €	-5.5%	1,1 M €	-14.0%	1,3 M €	+45.0%	913,3 k €	-10.1%	1 M €	-7.4%	1,1 M €	+31.6%	833,7 k €	-8.6%	912,4 k €	-0.9%	920,6 k €	-30.2%	1,3 M €	-8.1%	1,4 M €	+1.6%	1,4 M €	+0.7%	1,4 M €	+117%	646,1 k €	+3.5%	624,5 k €	+61.3%	387,2 k €	+21.5%	318,6 k €	+11.5%	285,9 k €
Other
Workforce	21,3 ETP	-4.5%	22,3 ETP		–		–		23,2 ETP	+24.1%	18,7 ETP	-13.8%	21,7 ETP	-12.9%	24,9 ETP		–		22,0 ETP	-3.5%	22,8 ETP	+21.3%	18,8 ETP	-11.3%	21,2 ETP	-4.1%	22,1 ETP	+12.2%	19,7 ETP	+43.8%	13,7 ETP	+31.7%	10,4 ETP	+9.5%	9,5 ETP	+39.7%	6,8 ETP	+4.6%	6,5 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 31/12/2025 · 2 active · 5 ended

Active mandates

Ahmed ASSOUFI

Managing director

Active

Patrizia DONADI

Mandate

Active

Ended mandates

AHMED ASSOUFI

Mandate

Ended

HASSAN ASSOUFI

Mandate

Ended

Lamia LECLERCQ

Director · until 05 juillet 2023

Ended

Lamia LECLERCQ

Director

Ended

At this address

Other companies at this address

Company	CBE no.
A ALPHA NEON - A ALPHA SOLAIRE - A ALPHA VOLETS● Active	0426.340.932
ALBIBAR● Bankrupt	0501.680.832
AMP-BATI● Bankrupt	0848.993.092
BELFOUL INDUSTRIE● Active	0897.290.778
CEDAR FOOD BELGIUM● Active	0556.688.839
Dhoore● Active	0646.736.513
EUROPE MULTISERVICES● Active	0831.075.709
RENOVATION SO● Active	1008.416.057
S.A.M● Bankrupt	0897.045.112
Store Poppe● Active	0784.699.217
Wagner Facility● Active	0771.280.751

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Abridged model	Abridged 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	20/06/2026	28/08/2025	02/08/2024	01/09/2023	04/07/2022	08/06/2021
General meeting	18/06/2026	30/06/2025	30/06/2024	30/06/2023	06/06/2022	06/06/2021
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
Abridged model	31/12/2025	18/06/2026	20/06/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	02/08/2024	French	PDF
Micro model	31/12/2022	30/06/2023	01/09/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	04/07/2022	French	PDF
Abridged model	31/12/2020	06/06/2021	08/06/2021	French	PDF
Abridged model	31/12/2019	06/06/2020	10/06/2020	French	PDF
Abridged model	31/12/2018	06/06/2019	24/06/2019	French	PDF
Abridged model	31/12/2017	06/06/2018	06/06/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	04/07/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	22/06/2016	French	PDF
Abridged model	31/12/2014	06/06/2015	30/06/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	18/08/2014	French	PDF
Abridged model	31/12/2012	06/06/2013	15/08/2013	French	PDF
Abridged model	31/12/2011	16/05/2012	03/08/2012	French	PDF
Abridged model	31/12/2010	17/03/2011	28/07/2011	French	PDF
Abridged model	31/12/2009	18/03/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	13/03/2009	03/08/2009	French	PDF
Abridged model	31/12/2007	20/03/2008	26/09/2008	French	PDF
Abridged model	31/12/2006	15/03/2007	23/07/2007	French	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 31/12/2025 · 2 active · 5 ended

Active mandates

Ahmed ASSOUFI

Managing director

Active

Patrizia DONADI

Mandate

Active

Ended mandates

AHMED ASSOUFI

Mandate

Ended

HASSAN ASSOUFI

Mandate

Ended

Lamia LECLERCQ

Director · until 05 juillet 2023

Ended

Lamia LECLERCQ

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates24/11/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates27/06/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates19/10/2009
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates08/04/2009
DEMISSIONS, NOMINATIONS
PDF
Registered office13/02/2006
SIEGE SOCIAL
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 2025479,5 k €↑
2024
Annual accounts 2024300,2 k €↑
2023
Annual accounts 202313 k €↓
2022
Annual accounts 202275,1 k €↓
2021
Annual accounts 2021430,1 k €↑
2020
Annual accounts 202025,6 k €↑
2019
Annual accounts 201920,1 k €↓
2018
Annual accounts 201825,3 k €↑
2017
Annual accounts 201722,6 k €↓
2016
Annual accounts 201661,8 k €↑
2015
Annual accounts 201559,5 k €↑
2014
Annual accounts 20141,1 k €↓
2013
Annual accounts 20139,3 k €↑
2012
Annual accounts 2012-150,9 k €↓
2011
Annual accounts 201137 k €↓
2010
Annual accounts 201091,9 k €↓
2009
Annual accounts 2009102,2 k €↑
2008
Annual accounts 200857,7 k €↑
2007
Annual accounts 200736 k €↑
2006
Annual accounts 20066,1 k €
10/09/1996
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

Project Distribution

Overview

What does Project Distribution 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