ACTIVE

P & S Projects

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Financial year 2025 · closed on 31/12/2025

Net result

112,4 k €

+308.8% YoY

Gross margin

393,3 k €

+176.8% YoY

Equity

558,8 k €

+25.2% YoY

What does P & S Projects do?

P & S Projects is a Private limited company incorporated in 2001. Its main activity is: Joinery installation. Its registered office is in Ieper.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.510.916

Incorporation

28/12/2001

Legal form

Private limited company

Registered office

Bargiestraat 11
8904 Ieper · FlandreSee on map

Contributed capital

8 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 16230Manufacture of other builders' carpentry and joinery 16230Manufacture of other builders' carpentry and joinery 43230Electrical, plumbing and other construction installation activities 43291Other construction installation+4

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 21 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006		2005
Income statement
Gross margin	393,3 k €	+177%	142,1 k €	-73.9%	544,7 k €	+157%	212,1 k €	-35.7%	330,1 k €	+106%	160,5 k €	+50.6%	106,6 k €	-15.3%	125,8 k €	+931%	-15,1 k €	-135%	43,6 k €	+17.4%	37,1 k €	+7.8%	34,4 k €	+5547%	-631,8 €	-119%	3,3 k €	+511%	-807,6 €	+80.2%	-4,1 k €	-1141%	392,7 €	+270%	-230,4 €	+87.2%	-1,8 k €	+52.4%	-3,8 k €	-474%	-659,9 €
EBITDA	382,9 k €	+188%	133 k €	-72.2%	477,6 k €	+130%	207,3 k €	-36.3%	325,7 k €	+107%	157,5 k €	+107%	76,3 k €	-38.7%	124,4 k €	+371%	-46 k €	-893%	5,8 k €	-81.0%	30,6 k €	-5.8%	32,5 k €	+5243%	-631,8 €	-119%	3,3 k €	+511%	-807,6 €	+81.8%	-4,4 k €	-1230%	392,7 €	+163%	-623,1 €	+77.8%	-2,8 k €	+32.8%	-4,2 k €	-313%	-1 k €
Operating result	254,9 k €	+883%	25,9 k €	-93.3%	386,5 k €	+168%	144,1 k €	-45.2%	262,8 k €	+167%	98,4 k €	+620%	13,7 k €	-88.1%	114,6 k €	+323%	-51,3 k €	-42743%	120,3 €	-99.6%	27,4 k €	-15.6%	32,5 k €	+5243%	-631,8 €	-119%	3,3 k €	+511%	-807,6 €	+81.8%	-4,4 k €	-1230%	392,7 €	+163%	-623,1 €	+94.6%	-11,6 k €	-176%	-4,2 k €	-313%	-1 k €
Net result	112,4 k €	+309%	-53,8 k €	-125%	216,5 k €	+213%	69,1 k €	-55.4%	155 k €	+224%	47,8 k €	+3280%	1,4 k €	-98.5%	95,5 k €	+275%	-54,4 k €	-2151%	-2,4 k €	-113%	18,4 k €	-8.7%	20,1 k €	+3288%	-631,8 €	-119%	3,3 k €	+502%	-831,6 €	+79.7%	-4,1 k €	-1178%	380,7 €	+175%	-507,1 €	-90.9%	-265,7 €	+93.3%	-4 k €	-292%	-1 k €
Balance sheet
Equity	558,8 k €	+25.2%	446,4 k €	-16.8%	536,3 k €	+67.7%	319,8 k €	+14.6%	279 k €	+125%	124 k €	+62.8%	76,1 k €	+1.9%	74,7 k €	+512%	-18,2 k €	-150%	36,3 k €	-6.3%	38,7 k €	+90.5%	20,3 k €	+1007%	-2,2 k €	-39.3%	-1,6 k €	+67.5%	-4,9 k €	-20.2%	-4,1 k €	-51769%	-7,9 €	+98.0%	-388,7 €	-428%	118,4 €	-69.2%	384,1 €	-91.2%	4,4 k €
Total assets	1,3 M €	-34.8%	2 M €	-8.8%	2,2 M €	+68.7%	1,3 M €	+18.5%	1,1 M €	+30.3%	853,4 k €	+11.7%	763,8 k €	+272%	205,6 k €	+83.5%	112 k €	-19.3%	138,9 k €	+55.4%	89,3 k €	+117%	41,1 k €		–		–		12,1 €	-66.5%	36,1 €	-81.2%	192,1 €	+4619%	4,1 €	-96.6%	118,4 €	-98.9%	10,9 k €	-32.0%	16 k €
Cash	164,6 k €	-47.8%	315,4 k €	+81.1%	174,2 k €	-17.3%	210,7 k €	+37.0%	153,8 k €	-4.4%	160,8 k €	+168%	60 k €	-15.0%	70,6 k €	+195%	23,9 k €	-39.2%	39,3 k €	+116%	18,2 k €	+46.8%	12,4 k €		–		–		12,1 €	-66.5%	36,1 €	-81.1%	191,4 €	+5465%	3,4 €	-92.8%	47,8 €	-84.1%	300,1 €	-79.7%	1,5 k €
Debts	745,1 k €	-52.8%	1,6 M €	-6.3%	1,7 M €	+69.1%	996,7 k €	+19.6%	833,1 k €	+14.2%	729,4 k €	+6.1%	687,7 k €	+426%	130,9 k €	+0.5%	130,2 k €	+26.9%	102,6 k €	+103%	50,7 k €	+144%	20,8 k €	+829%	2,2 k €	+39.3%	1,6 k €	-67.6%	5 k €	+19.5%	4,1 k €	+1975%	200 €	-49.1%	392,7 €		–		10,5 k €	-9.7%	11,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	+233%	0,3 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 · 3 active · 9 ended

Active mandates

Arne Verly

Director

Active

Peter Verweirder

Director

Active

Sandrina Vanhee

Director

Active

Ended mandates

peter verweider

Manager · since 19 septembre 2014

Ended

sandrina vanhee

Manager · since 19 septembre 2014

Ended

JEAN PIERRE BAUDEN

Manager · since 14 décembre 2010

Ended

jean pierre bauden

Manager

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	27/04/2026	15/04/2025	06/05/2024	14/06/2023	13/06/2022	30/06/2021
General meeting	21/04/2026	09/04/2025	26/04/2024	03/06/2023	04/06/2022	05/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/04/2026	27/04/2026	Dutch	PDF
Abridged model	31/12/2024	09/04/2025	15/04/2025	Dutch	PDF
Abridged model	31/12/2023	26/04/2024	06/05/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	14/06/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	13/06/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/07/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	25/02/2019	26/02/2019	Dutch	PDF
Micro model	31/12/2017	02/06/2018	27/07/2018	Dutch	PDF
Micro model	31/12/2016	03/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	25/03/2015	30/03/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	19/06/2012	Dutch	PDF
Abridged model	31/12/2010	02/12/2011	19/12/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/08/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	19/12/2007	Dutch	PDF
Abridged model	31/12/2005	08/06/2007	19/12/2007	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 · 3 active · 9 ended

Active mandates

Arne Verly

Director

Active

Peter Verweirder

Director

Active

Sandrina Vanhee

Director

Active

Ended mandates

peter verweider

Manager · since 19 septembre 2014

Ended

sandrina vanhee

Manager · since 19 septembre 2014

Ended

JEAN PIERRE BAUDEN

Manager · since 14 décembre 2010

Ended

jean pierre bauden

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office26/09/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Registered office10/07/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates17/10/2014
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2010
DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/03/2008
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/10/2006
MAATSCHAPPELIJKE ZETEL
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 2025112,4 k €↑
2024
Annual accounts 2024-53,8 k €↓
2023
Annual accounts 2023216,5 k €↑
2022
Annual accounts 202269,1 k €↓
2021
Annual accounts 2021155 k €↑
2020
Annual accounts 202047,8 k €↑
2019
Annual accounts 20191,4 k €↓
2018
Annual accounts 201895,5 k €↑
2017
Annual accounts 2017-54,4 k €↓
2016
Annual accounts 2016-2,4 k €↓
2015
Annual accounts 201518,4 k €↓
2014
Annual accounts 201420,1 k €↑
2013
Annual accounts 2013-631,8 €↓
2012
Annual accounts 20123,3 k €↑
2011
Annual accounts 2011-831,6 €↑
2010
Annual accounts 2010-4,1 k €↓
2009
Annual accounts 2009380,7 €↑
2008
Annual accounts 2008-507,1 €↓
2007
Annual accounts 2007-265,7 €↑
2006
Annual accounts 2006-4 k €↓
2005
Annual accounts 2005-1 k €
28/12/2001
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

P & S Projects

Overview

What does P & S Projects do?

Trend over 21 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