ACTIVE

PAR Projects

Financial year 2024 · closed on 31/12/2024
Net result
350,8 k €
+1103.8% YoY
Gross margin
475,2 k €
+334.8% YoY
Equity
1,8 M €
+24.7% YoY
Workforce
0,0 ETP

What does PAR Projects do?

PAR Projects is a Private limited company incorporated in 2001. Its main activity is: Passenger air transport. Its registered office is in Brasschaat.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.130.339
Incorporation
22/11/2001
Legal form
Private limited company
Registered office
de Caterslei 5
2930 Brasschaat · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420232022202120182017201620152014201320122011201020092008
Income statement
Gross margin475,2 k €109,3 k €219,1 k €523,6 k €281,7 k €1,1 M €444,8 k €675,5 k €696,7 k €869,8 k €697,4 k €574,6 k €194,6 k €121,1 k €207,4 k €
EBITDA468,7 k €54,3 k €212 k €476,7 k €329,6 k €1 M €440,8 k €671,4 k €692,6 k €843,3 k €640,6 k €198,6 k €109,3 k €111,9 k €194,1 k €
Operating result467,1 k €3,2 k €137,9 k €400,6 k €146,3 k €641,5 k €376,5 k €605,4 k €632 k €782,2 k €595,6 k €75,2 k €59,2 k €66,2 k €134,2 k €
Net result350,8 k €-34,9 k €17,8 k €250,2 k €84,4 k €405,2 k €192,7 k €292,4 k €857,3 k €927,9 k €728,4 k €11,8 k €5,4 k €10,7 k €62,3 k €
Balance sheet
Equity1,8 M €1,4 M €1,5 M €1,4 M €2,6 M €2,7 M €2,4 M €2,4 M €2,2 M €3,1 M €2,3 M €1,7 M €54,1 k €48,8 k €38 k €
Total assets3 M €3,7 M €4 M €4,8 M €4,8 M €4,9 M €3,3 M €3,2 M €4,4 M €4 M €3,8 M €4,5 M €948,1 k €984,3 k €1,1 M €
Cash23,5 k €19,5 k €100 k €1 M €820,2 k €1,1 M €1,2 M €1,2 M €2,3 M €940,5 k €723,9 k €31,8 k €30,2 k €52,6 k €15,5 k €
Debts729 k €1,8 M €2,1 M €3 M €1,7 M €1,7 M €361,6 k €389,7 k €1,7 M €361 k €1,2 M €2,4 M €718 k €864,8 k €983,8 k €
Other
Workforce0,0 ETP0,0 ETP0,0 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 31/12/2024 · 1 active · 3 ended

Active mandates

Peter Vanmaldeghem

Director

Active

Ended mandates

Peter Vanmaldeghem

Director · since 13 novembre 2001

Ended
PETER VANMALDEGHEM

Manager

Ended
Vanmaldeghem Peter Gabriel D

Manager

Ended
At this address

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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202530/09/202429/09/202313/07/202230/09/202117/07/2020
General meeting30/06/202518/09/202426/09/202303/06/202204/06/202105/06/2020
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202528/07/2025DutchPDF
Abridged model31/12/202318/09/202430/09/2024DutchPDF
Abridged model31/12/202226/09/202329/09/2023DutchPDF
Abridged model31/12/202103/06/202213/07/2022DutchPDF
Abridged model31/12/202004/06/202130/09/2021DutchPDF
Abridged model31/12/201905/06/202017/07/2020DutchPDF
Micro model31/12/201807/06/201903/07/2019DutchPDF
Micro model31/12/201701/06/201804/07/2018DutchPDF
Micro model31/12/201602/06/201706/06/2017DutchPDF
Abridged model31/12/201503/06/201621/06/2016DutchPDF
Abridged model31/12/201405/06/201525/06/2015DutchPDF
Abridged model31/12/201306/06/201426/09/2014DutchPDF
Abridged model31/12/201207/06/201316/09/2013DutchPDF
Abridged model31/12/201101/06/201218/06/2012DutchPDF
Abridged model30/06/201003/12/201013/12/2010DutchPDF
Abridged model30/06/200904/12/200918/12/2009DutchPDF
Abridged model30/06/200801/12/200819/12/2008DutchPDF
Abridged model30/06/200707/12/200721/12/2007DutchPDF
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 31/12/2024 · 1 active · 3 ended

Active mandates

Peter Vanmaldeghem

Director

Active

Ended mandates

Peter Vanmaldeghem

Director · since 13 novembre 2001

Ended
PETER VANMALDEGHEM

Manager

Ended
Vanmaldeghem Peter Gabriel D

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office10/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/03/2018
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares07/07/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office26/09/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares17/02/2011
    BENAMING - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates10/03/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/01/2008
    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. 2024
    Annual accounts 2024350,8 k €
  2. 2023
    Annual accounts 2023-34,9 k €
  3. 2022
    Annual accounts 202217,8 k €
  4. 2021
    Annual accounts 2021250,2 k €
  5. 2018
    Annual accounts 201884,4 k €
  6. 2017
    Annual accounts 2017405,2 k €
  7. 2016
    Annual accounts 2016192,7 k €
  8. 2015
    Annual accounts 2015292,4 k €
  9. 2014
    Annual accounts 2014857,3 k €
  10. 2013
    Annual accounts 2013927,9 k €
  11. 2012
    Annual accounts 2012728,4 k €
  12. 2011
    Annual accounts 201111,8 k €
  13. 2010
    Annual accounts 20105,4 k €
  14. 2009
    Annual accounts 200910,7 k €
  15. 2008
    Annual accounts 200862,3 k €
  16. 22/11/2001
    IncorporationPrivate limited company