ACTIVE

Project²

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Financial year 2025 · closed on 30/09/2025

Net result

-69 k €

-142.4% YoY

Gross margin

-45,6 k €

-119.0% YoY

Equity

155,8 k €

-30.7% YoY

What does Project² do?

Project² is a Private limited company incorporated in 2002. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.376.284

Incorporation

19/09/2002

Legal form

Private limited company

Registered office

Vlamingdam 41
8000 Brugge · FlandreSee on map

Contributed capital

1,00 €

Latest accounts

30/09/2025

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-45,6 k €	-119%	240,2 k €	+1174%	18,9 k €	-80.8%	98,2 k €	-16.2%	117,1 k €	+14.6%	102,2 k €	+31.7%	77,6 k €	+10.3%	70,4 k €	-38.3%	114,1 k €	-8.1%	124,2 k €	+7.9%	115 k €	-34.3%	175 k €	-0.1%	175,2 k €	+88.0%	93,2 k €	-5.5%	98,6 k €	+23.9%	79,6 k €	+22.6%	64,9 k €	+4.0%	62,4 k €	+29.9%	48 k €
EBITDA	-51,4 k €	-122%	237,3 k €	+793%	-34,2 k €	-136%	95,8 k €	-13.5%	110,7 k €	+12.3%	98,6 k €	+31.6%	74,9 k €	+10.6%	67,7 k €	-39.3%	111,5 k €	-8.3%	121,6 k €	+9.0%	111,5 k €	-35.2%	172,2 k €	-0.1%	172,4 k €	+102%	85,5 k €	-10.1%	95,1 k €	+25.4%	75,9 k €	+22.2%	62,1 k €	+9.5%	56,7 k €	+28.2%	44,2 k €
Operating result	-75,7 k €	-136%	213,2 k €	+457%	-59,7 k €	-262%	36,9 k €	-32.4%	54,5 k €	-11.4%	61,5 k €	+58.8%	38,7 k €	+85.8%	20,8 k €	-65.3%	60,1 k €	-12.7%	68,8 k €	+17.4%	58,6 k €	-51.4%	120,7 k €	-4.2%	125,9 k €	+171%	46,5 k €	-18.1%	56,8 k €	+50.5%	37,7 k €	+61.7%	23,3 k €	+28.2%	18,2 k €	+79.2%	10,2 k €
Net result	-69 k €	-142%	162,7 k €	+387%	-56,6 k €	-325%	25,2 k €	-36.7%	39,8 k €	-7.8%	43,2 k €	+65.1%	26,1 k €	+171%	9,6 k €	-73.9%	36,9 k €	-13.7%	42,8 k €	+23.8%	34,5 k €	-56.6%	79,6 k €	-2.7%	81,8 k €	+157%	31,9 k €	+24.7%	25,5 k €	+102%	12,6 k €	+2728%	447 €	-96.5%	12,9 k €	+288%	-6,8 k €
Balance sheet
Equity	155,8 k €	-30.7%	224,8 k €	+155%	88,3 k €	-42.9%	154,6 k €	-24.5%	204,8 k €	-1.4%	207,8 k €	+4.3%	199,1 k €	-18.0%	243 k €	+4.1%	233,4 k €	+18.8%	196,4 k €	-40.2%	328,7 k €	+11.7%	294,1 k €	+37.1%	214,6 k €	+61.6%	132,8 k €	+31.6%	100,9 k €	+33.9%	75,4 k €	+20.2%	62,7 k €	+0.7%	62,3 k €	+26.0%	49,4 k €
Total assets	158,8 k €	-50.5%	320,9 k €	+96.9%	163 k €	-42.7%	284,1 k €	-19.8%	354,1 k €	-5.0%	372,6 k €	+55.0%	240,4 k €	-19.0%	296,6 k €	-4.7%	311,2 k €	-33.3%	466,6 k €	-6.5%	499,1 k €	-0.1%	499,6 k €	+18.0%	423,5 k €	+24.4%	340,6 k €	-5.7%	361,2 k €	+3.8%	347,9 k €	-0.8%	350,6 k €	-11.9%	398 k €	+8.3%	367,4 k €
Cash	33,7 k €	-49.3%	66,5 k €	+199%	22,2 k €	-63.7%	61,3 k €	-35.1%	94,5 k €	+77.7%	53,2 k €	+28.8%	41,3 k €	-40.0%	68,9 k €	+351%	15,3 k €	-15.7%	18,1 k €	-35.2%	28 k €	-33.0%	41,8 k €	+17.6%	35,5 k €	+98.8%	17,9 k €	+1412%	1,2 k €	-89.1%	10,8 k €	+97.9%	5,5 k €	+1093%	459 €	-96.3%	12,3 k €
Debts	2,7 k €	-97.2%	95,5 k €	+31.5%	72,7 k €	-42.9%	127,2 k €	-13.2%	146,6 k €	-10.0%	163 k €	+323%	38,5 k €	-28.0%	53,5 k €	-31.3%	77,8 k €	-71.2%	270,2 k €	+58.6%	170,3 k €	-17.0%	205,2 k €	-1.7%	208,8 k €	+0.5%	207,7 k €	-19.9%	259,2 k €	-4.7%	272 k €	-5.4%	287,5 k €	-14.3%	335,6 k €	+5.6%	317,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 2 ended

Active mandates

Bert Vandeperre

Director

Active

Cathy Becquaert

Director

Active

Ended mandates

Bert Vandeperre

Manager

Ended

Cathy Becquaert

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/04/2026	06/05/2025	29/04/2024	27/04/2023	25/04/2022	29/04/2021
General meeting	23/03/2026	22/04/2025	29/04/2024	26/04/2023	31/03/2022	31/03/2021
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	30/09/2025	23/03/2026	22/04/2026	Dutch	PDF
Micro model	30/09/2024	22/04/2025	06/05/2025	Dutch	PDF
Micro model	30/09/2023	29/04/2024	29/04/2024	Dutch	PDF
Micro model	30/09/2022	26/04/2023	27/04/2023	Dutch	PDF
Micro model	30/09/2021	31/03/2022	25/04/2022	Dutch	PDF
Micro model	30/09/2020	31/03/2021	29/04/2021	Dutch	PDF
Micro model	30/09/2019	07/03/2020	31/03/2020	Dutch	PDF
Micro model	30/09/2018	21/03/2019	25/03/2019	Dutch	PDF
Micro model	30/09/2017	03/03/2018	27/03/2018	Dutch	PDF
Abridged model	30/09/2016	31/12/2016	24/01/2017	Dutch	PDF
Abridged model	30/09/2015	05/03/2016	30/03/2016	Dutch	PDF
Abridged model	30/09/2014	07/03/2015	26/03/2015	Dutch	PDF
Abridged model	30/09/2013	01/03/2014	31/03/2014	Dutch	PDF
Abridged model	30/09/2012	02/03/2013	21/03/2013	Dutch	PDF
Abridged model	30/09/2011	03/03/2012	29/03/2012	Dutch	PDF
Abridged model	30/09/2010	05/03/2011	25/03/2011	Dutch	PDF
Abridged model	30/09/2009	06/03/2010	12/03/2010	Dutch	PDF
Abridged model	30/09/2008	07/03/2009	19/03/2009	Dutch	PDF
Abridged model	30/09/2007	01/03/2008	03/03/2008	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	06/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 30/09/2025 · 2 active · 2 ended

Active mandates

Bert Vandeperre

Director

Active

Cathy Becquaert

Director

Active

Ended mandates

Bert Vandeperre

Manager

Ended

Cathy Becquaert

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office13/05/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates20/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates23/06/2008
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other21/01/2008
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other26/09/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-69 k €↓
2024
Annual accounts 2024162,7 k €↑
2023
Annual accounts 2023-56,6 k €↓
2022
Annual accounts 202225,2 k €↓
2021
Annual accounts 202139,8 k €↓
2020
Annual accounts 202043,2 k €↑
2019
Annual accounts 201926,1 k €↑
2018
Annual accounts 20189,6 k €↓
2017
Annual accounts 201736,9 k €↓
2016
Annual accounts 201642,8 k €↑
2015
Annual accounts 201534,5 k €↓
2014
Annual accounts 201479,6 k €↓
2013
Annual accounts 201381,8 k €↑
2012
Annual accounts 201231,9 k €↑
2011
Annual accounts 201125,5 k €↑
2010
Annual accounts 201012,6 k €↑
2009
Annual accounts 2009447 €↓
2008
Annual accounts 200812,9 k €↑
2007
Annual accounts 2007-6,8 k €
19/09/2002
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

Project²

Overview

What does Project² do?

Trend over 19 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