ACTIVE

Projectbouw Borgonjon

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Financial year 2025 · closed on 31/12/2025

Net result

86,6 k €

+35.2% YoY

Gross margin

1,3 M €

+15.5% YoY

Equity

784,2 k €

-16.3% YoY

Workforce

13,3 ETP

-16.4% YoY

What does Projectbouw Borgonjon do?

Projectbouw Borgonjon is a Private limited company incorporated in 2000. Its main activity is: Construction of buildings. Its registered office is in Maldegem. It employs on average 13,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.289.931

Incorporation

10/07/2000

Legal form

Private limited company

Registered office

Vliegplein 2
9991 Maldegem · FlandreSee on map

Contributed capital

85 200,00 €

Latest accounts

31/12/2025

Average workforce

13,3 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45211Maintenance and repair of motor vehicles 45250Maintenance and repair of motor vehicles

Joint committees (3)

Signals

ProfitableLow 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 5 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,3 M €	+15.5%	1,1 M €	+9.9%	1 M €	+17.7%	880,1 k €	+1.1%	870,2 k €
EBITDA	196,9 k €	+32.0%	149,1 k €	-47.1%	281,7 k €	+13.1%	249,1 k €	-10.4%	278 k €
Operating result	136 k €	+68.7%	80,6 k €	-50.1%	161,4 k €	+12.5%	143,4 k €	+3.9%	138 k €
Net result	86,6 k €	+35.2%	64,1 k €	-42.3%	111,1 k €	+12.1%	99,1 k €	-1.5%	100,7 k €
Balance sheet
Equity	784,2 k €	-16.3%	937,3 k €	+7.3%	873,2 k €	-26.4%	1,2 M €	-0.8%	1,2 M €
Total assets	3,2 M €	+38.4%	2,3 M €	-19.8%	2,9 M €	-42.4%	5 M €	+91.3%	2,6 M €
Cash	1,2 M €	+601%	173,8 k €	-86.9%	1,3 M €	+34.2%	986,2 k €	+47.1%	670,5 k €
Debts	2,4 M €	+75.8%	1,4 M €	-31.6%	2 M €	-47.4%	3,8 M €	+169%	1,4 M €
Other
Workforce	13,3 ETP	-16.4%	15,9 ETP	+44.5%	11,0 ETP	+2.8%	10,7 ETP	-4.5%	11,2 ETP

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 · 6 ended

Active mandates

BVR

Bestuurder · since 20 juin 2025 · 0787.713.343

Represented by Victor Borgonjon

Active

P&A Projects

Bestuurder · since 13 décembre 2023 · 0401.004.928

Represented by Peter Borgonjon

Active

Ended mandates

P & A Projects BV

Bestuurder · since 14 octobre 2010

Represented by Peter Borgonjon

Ended

P&A Projects

Bestuurder · since 14 octobre 2010 · 0401.004.928

Represented by Peter Borgonjon

Ended

P&A Projects

Director · since 14 octobre 2010 · 0401.004.928

Represented by Peter Borgonjon

Ended

P&A Projects

Manager · since 14 octobre 2010 · 0401.004.928

Represented by Peter Borgonjon

Ended

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	01/01/2025	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	05/06/2026	16/06/2025	18/06/2024	16/06/2023	05/07/2022	11/06/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	26/05/2023	28/05/2022	28/05/2021
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	26/05/2026	05/06/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	16/06/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	16/06/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	05/07/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	11/06/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	08/06/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	03/06/2019	Dutch	PDF
Abridged model	31/12/2017	29/05/2018	05/06/2018	Dutch	PDF
Abridged model	31/12/2016	29/05/2017	07/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	10/06/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	28/05/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	11/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	16/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	09/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	08/06/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	28/06/2007	Dutch	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 · 6 ended

Active mandates

BVR

Bestuurder · since 20 juin 2025 · 0787.713.343

Represented by Victor Borgonjon

Active

P&A Projects

Bestuurder · since 13 décembre 2023 · 0401.004.928

Represented by Peter Borgonjon

Active

Ended mandates

P & A Projects BV

Bestuurder · since 14 octobre 2010

Represented by Peter Borgonjon

Ended

P&A Projects

Bestuurder · since 14 octobre 2010 · 0401.004.928

Represented by Peter Borgonjon

Ended

P&A Projects

Director · since 14 octobre 2010 · 0401.004.928

Represented by Peter Borgonjon

Ended

P&A Projects

Manager · since 14 octobre 2010 · 0401.004.928

Represented by Peter Borgonjon

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office31/07/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates29/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/12/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/11/2010
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 202586,6 k €↑
2024
Annual accounts 202464,1 k €↓
2023
Annual accounts 2023111,1 k €↑
2022
Annual accounts 202299,1 k €↓
2021
Annual accounts 2021100,7 k €
10/07/2000
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

Projectbouw Borgonjon

Overview

What does Projectbouw Borgonjon do?

Trend over 5 financial years

Indicative valuation

Board of directors

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