ACTIVE

BL Project

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Financial year 2025 · closed on 30/09/2025

Net result

1,1 M €

+785.9% YoY

Gross margin

-52,1 k €

-127.4% YoY

Equity

3,8 M €

+40.9% YoY

Workforce

0,0 ETP

What does BL Project do?

BL Project is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Zonnebeke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0807.482.834

Incorporation

30/10/2008

Legal form

Private limited company

Registered office

Passendalestraat 115
8980 Zonnebeke · FlandreSee on map

Contributed capital

250 000,00 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 41001Construction of buildings 41003Construction of buildings 43331Floor and wall covering 43350Building completion and finishing+4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-52,1 k €	-127%	190 k €	+43.0%	132,9 k €	-31.9%	195,3 k €	+30.9%	149,2 k €	+34.7%	110,8 k €	-2.0%	113 k €	-57.2%	263,9 k €	+120%	119,8 k €	+11.8%	107,1 k €	-33.4%	160,9 k €	+127%	70,8 k €	+182%	25,1 k €	-36.0%	39,2 k €	-30.8%	56,7 k €
EBITDA	-52,8 k €	-128%	189,7 k €	+43.1%	132,5 k €	-30.3%	190 k €	+40.8%	135 k €	+22.7%	110,1 k €	-2.0%	112,3 k €	-57.1%	261,8 k €	+122%	118,1 k €	+12.1%	105,3 k €	-34.1%	159,8 k €	+131%	69,1 k €	+184%	24,3 k €	-37.1%	38,6 k €	-31.5%	56,4 k €
Operating result	-68,6 k €	-137%	183,9 k €	+46.2%	125,8 k €	-27.7%	173,9 k €	+61.8%	107,5 k €	+6.7%	100,8 k €	+4.1%	96,9 k €	-63.0%	261,5 k €	+128%	114,7 k €	+9.1%	105 k €	-31.5%	153,4 k €	+150%	61,4 k €	+264%	16,9 k €	-45.9%	31,2 k €	-33.9%	47,1 k €
Net result	1,1 M €	+786%	123,7 k €	-83.6%	753,6 k €	+642%	101,6 k €	-51.6%	209,9 k €	+7.8%	194,8 k €	-5.8%	206,8 k €	+129%	90,2 k €	-12.6%	103,1 k €	+116%	47,8 k €	-89.7%	465,1 k €	-38.7%	758,8 k €	+6549%	11,4 k €	-49.0%	22,4 k €	-25.5%	30 k €
Balance sheet
Equity	3,8 M €	+40.9%	2,7 M €	-11.3%	3 M €	+33.2%	2,3 M €	-1.7%	2,3 M €	+10.0%	2,1 M €	+10.2%	1,9 M €	+12.2%	1,7 M €	+5.6%	1,6 M €	+6.9%	1,5 M €	-2.1%	1,5 M €	+43.5%	1,1 M €	+1238%	80 k €	+16.6%	68,5 k €	+41.1%	48,6 k €
Total assets	3,9 M €	+33.1%	2,9 M €	-11.4%	3,3 M €	-10.2%	3,7 M €	+4.3%	3,5 M €	+6.6%	3,3 M €	+6.3%	3,1 M €	-4.0%	3,2 M €	+5.8%	3,1 M €	+1.8%	3 M €	+1.7%	3 M €	+2.9%	2,9 M €	+2384%	116 k €	+7.5%	107,9 k €	+37.7%	78,4 k €
Cash	34,7 k €	-77.4%	153,5 k €	-24.1%	202,3 k €	-73.5%	764,8 k €	+272%	205,8 k €	-14.7%	241,1 k €	+336%	55,3 k €	-26.8%	75,6 k €	+18.8%	63,7 k €	-75.3%	257,7 k €	-16.4%	308,3 k €	+38.9%	221,9 k €	+168%	82,9 k €	+195%	28,2 k €	+2.5%	27,5 k €
Debts	102,5 k €	-56.4%	234,9 k €	-17.6%	285,1 k €	-79.8%	1,4 M €	+15.7%	1,2 M €	+0.6%	1,2 M €	+0.1%	1,2 M €	-21.7%	1,5 M €	+6.0%	1,5 M €	-3.2%	1,5 M €	+5.7%	1,4 M €	-20.7%	1,8 M €	+4967%	35,6 k €	-7.3%	38,4 k €	+40.1%	27,4 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Jan Barbez

Director

Active

Ended mandates

Jan Barbez

Director · since 01 août 2008

Ended

Jan Barbez

Manager · since 01 août 2008

Ended

At this address

Other companies at this address

Company	CBE no.
Bellevue Spur● Active	0778.363.434

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	01/10/2024	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	09/04/2026	15/05/2025	19/04/2024	02/05/2023	11/03/2022	30/04/2021
General meeting	03/03/2026	04/03/2025	05/03/2024	07/03/2023	01/03/2022	02/03/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	03/03/2026	09/04/2026	Dutch	PDF
Abridged model	30/09/2024	04/03/2025	15/05/2025	Dutch	PDF
Abridged model	30/09/2023	05/03/2024	19/04/2024	Dutch	PDF
Abridged model	30/09/2022	07/03/2023	02/05/2023	Dutch	PDF
Abridged model	30/09/2021	01/03/2022	11/03/2022	Dutch	PDF
Abridged model	30/09/2020	02/03/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	03/03/2020	29/06/2020	Dutch	PDF
Abridged model	30/09/2018	05/03/2019	10/05/2019	Dutch	PDF
Abridged model	30/09/2017	06/03/2018	30/03/2018	Dutch	PDF
Abridged model	30/09/2016	07/03/2017	17/03/2017	Dutch	PDF
Abridged model	30/09/2015	01/03/2016	15/03/2016	Dutch	PDF
Abridged model	30/09/2014	03/03/2015	10/04/2015	Dutch	PDF
Abridged model	30/09/2013	04/03/2014	28/04/2014	Dutch	PDF
Abridged model	30/09/2012	05/03/2013	03/05/2013	Dutch	PDF
Abridged model	30/09/2011	06/03/2012	12/03/2012	Dutch	PDF
Abridged model	30/09/2010	01/03/2011	30/03/2011	Dutch	PDF
Abridged model	30/09/2009	02/03/2010	30/04/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 30/09/2025 · 1 active · 2 ended

Active mandates

Jan Barbez

Director

Active

Ended mandates

Jan Barbez

Director · since 01 août 2008

Ended

Jan Barbez

Manager · since 01 août 2008

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/10/2020
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/10/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares04/04/2012
KAPITAAL - AANDELEN
PDF
Other07/11/2008
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 20251,1 M €↑
2024
Annual accounts 2024123,7 k €↓
2023
Annual accounts 2023753,6 k €↑
2022
Annual accounts 2022101,6 k €↓
2019
Annual accounts 2019209,9 k €↑
2018
Annual accounts 2018194,8 k €↓
2017
Annual accounts 2017206,8 k €↑
2016
Annual accounts 201690,2 k €↓
2015
Annual accounts 2015103,1 k €↑
2014
Annual accounts 201447,8 k €↓
2013
Annual accounts 2013465,1 k €↓
2012
Annual accounts 2012758,8 k €↑
2011
Annual accounts 201111,4 k €↓
2010
Annual accounts 201022,4 k €↓
2009
Annual accounts 200930 k €
30/10/2008
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

BL Project

Overview

What does BL Project do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

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