ACTIVE

GHOST PROJECTS

Financial year 2025 · closed on 31/12/2025
Net result
593,6 €
+104.7% YoY
Gross margin
3,1 k €
+142.2% YoY
Equity
-107,4 k €
+0.5% YoY

What does GHOST PROJECTS do?

GHOST PROJECTS is a Private company with limited liability incorporated in 2015. Its registered office is in Blankenberge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0638.927.617
Incorporation
28/09/2015
Legal form
Private company with limited liability
Registered office
Zeebruggelaan 125
8370 Blankenberge · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin3,1 k €-7,4 k €-16,5 k €4 k €-4,4 k €448,6 €-4 k €-1,1 k €-9 k €3,2 k €
EBITDA1,4 k €-11,6 k €-18,8 k €1,2 k €-7,9 k €-207,9 €-4,6 k €-1,7 k €-9,9 k €2,1 k €
Operating result1,2 k €-11,8 k €-31,2 k €-11,3 k €-20,3 k €-2,1 k €-6,5 k €-2,8 k €-11 k €1 k €
Net result593,6 €-12,6 k €-34,7 k €-14,7 k €-22,3 k €-3,6 k €-7,9 k €-4,5 k €-12,8 k €-1,1 k €
Balance sheet
Equity-107,4 k €-108 k €-95,4 k €-60,7 k €-46 k €-23,7 k €-20,1 k €-12,2 k €-7,7 k €5,1 k €
Total assets19,4 k €15,8 k €38 k €49,2 k €71,9 k €36,8 k €29,6 k €28,7 k €38,6 k €53,4 k €
Cash13,8 k €2,6 k €5,8 k €615,6 €6,2 k €4,1 k €4,1 k €4,3 k €6,4 k €7,1 k €
Debts126,8 k €122,1 k €130,6 k €109,9 k €114,7 k €53,1 k €48,7 k €39,6 k €45,2 k €45,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Mitch De Geest

Director

Active

Ended mandates

Jill Standaert

Director · since 28 septembre 2015

Ended
Mitch De Geest

Director · since 28 septembre 2015

Ended
Jill Standaert

Director · since 23 septembre 2015

Ended
Jill Standaert

Manager · since 23 septembre 2015

Ended
At this address

Other companies at this address

CompanyCBE no.
0821.305.631
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/08/202626/09/202509/08/202416/08/202329/07/202219/08/2021
General meeting31/07/202631/08/202509/08/202412/08/202330/06/202230/06/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202531/07/202614/08/2026DutchPDF
Micro model31/12/202431/08/202526/09/2025DutchPDF
Micro model31/12/202309/08/202409/08/2024DutchPDF
Micro model31/12/202212/08/202316/08/2023DutchPDF
Micro model31/12/202130/06/202229/07/2022DutchPDF
Micro model31/12/202030/06/202119/08/2021DutchPDF
Micro model31/12/201929/06/202010/07/2020DutchPDF
Micro model31/12/201830/06/201912/07/2019DutchPDF
Micro model31/12/201720/06/201811/07/2018DutchPDF
Abridged model31/12/201626/09/201727/09/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active · 9 ended

Active mandates

Mitch De Geest

Director

Active

Ended mandates

Jill Standaert

Director · since 28 septembre 2015

Ended
Mitch De Geest

Director · since 28 septembre 2015

Ended
Jill Standaert

Director · since 23 septembre 2015

Ended
Jill Standaert

Manager · since 23 septembre 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/05/2026
    Ontslagen
    PDF
  • Registered office24/01/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other30/09/2015
    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

Timeline

  1. 2025
    Annual accounts 2025593,6 €
  2. 2024
    Annual accounts 2024-12,6 k €
  3. 2023
    Annual accounts 2023-34,7 k €
  4. 2022
    Annual accounts 2022-14,7 k €
  5. 2021
    Annual accounts 2021-22,3 k €
  6. 2020
    Annual accounts 2020-3,6 k €
  7. 2019
    Annual accounts 2019-7,9 k €
  8. 2018
    Annual accounts 2018-4,5 k €
  9. 2017
    Annual accounts 2017-12,8 k €
  10. 2016
    Annual accounts 2016-1,1 k €
  11. 28/09/2015
    IncorporationPrivate company with limited liability