ACTIVE

PROJECT 0

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Financial year 2025 · closed on 31/12/2025
Net result
86,2 k €
+131.4% YoY
Revenue
20,1 M €
+21.4% YoY
Equity
4,9 M €
+1.8% YoY
Workforce
7,5 ETP
-1.3% YoY

What does PROJECT 0 do?

PROJECT 0 is a Private limited company incorporated in 2009. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Waregem. It employs on average 7,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0817.284.287
Incorporation
14/07/2009
Legal form
Private limited company
Registered office
Groenbek 28
8790 Waregem · FlandreSee on map
Contributed capital
63 600,00 €
Latest accounts
31/12/2025
Average workforce
7,5 ETP
Activities (NACE)
46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main46693Wholesale of other machinery and equipment35110Production of electricity35110Production of electricity43211Electrical installation43211Electrical installation+2
Joint committees (4)
  • 149
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202320222020201920182017201620152014201320122011
Income statement
Revenue20,1 M €16,6 M €25,5 M €––––––––––––
EBITDA437,8 k €36,2 k €956,9 k €4,3 M €1,1 M €271,2 k €182,3 k €143,9 k €104,8 k €164,3 k €68,3 k €139,2 k €220 k €200 k €121,3 k €
Operating result187,9 k €-180,9 k €846,3 k €4,2 M €1,1 M €239,8 k €152,9 k €109,9 k €71,2 k €132,5 k €26,2 k €85,9 k €166,1 k €173,3 k €113,9 k €
Net result86,2 k €-274,4 k €530,6 k €3 M €847,9 k €142,4 k €106,1 k €58,6 k €37,8 k €78,8 k €7 k €32,1 k €122,8 k €99,5 k €47,9 k €
Balance sheet
Equity4,9 M €4,8 M €5,1 M €4,6 M €1,8 M €796,7 k €654,3 k €548,2 k €489,6 k €451,8 k €372,9 k €365,9 k €333,8 k €211 k €111,5 k €
Total assets8,1 M €7,7 M €10,6 M €11,6 M €4,8 M €2,2 M €1,8 M €1,6 M €1,7 M €1,4 M €1,2 M €1,3 M €1,4 M €1,6 M €831,4 k €
Cash457,2 k €957,7 k €247,1 k €151,8 k €226,1 k €344,3 k €262,8 k €322,6 k €606,6 k €672,8 k €336,2 k €425,1 k €663,5 k €786,1 k €76,2 k €
Debts3 M €2,8 M €5,5 M €7 M €3 M €1,4 M €1,1 M €1,1 M €1,1 M €813,7 k €728,1 k €816 k €970,4 k €1,3 M €719,9 k €
Other
Workforce7,5 ETP7,6 ETP9,4 ETP7,7 ETP6,3 ETP5,5 ETP4,8 ETP4,0 ETP2,9 ETP2,6 ETP1,8 ETP1,5 ETP1,3 ETP0,7 ETP0,2 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 · 2 active · 12 ended

Active mandates

ECOSTAL GROUP

Director · since 06 décembre 2023 · 0757.661.456

Represented by Loïc Pequignot

Active
J.A.C.-Consulting

Director · since 06 décembre 2023 · 0698.714.358

Represented by Jan Cieters

Active

Ended mandates

ECOSTAL GROUP

Director · since 06 décembre 2023 · 0757.661.456

Represented by PIRON CHRISTOPHE ALBERT LUC

Ended
ECOSTAL GROUP

Director · since 06 décembre 2023 · 0757.661.456

Represented by Alexander DE WIT

Ended
J.A.C.-Consulting

Director · since 06 décembre 2023 · 0698.714.358

Represented by Jan CIETERS

Ended
J.A.C.-Consulting

Director · since 07 janvier 2021 · 0698.714.358

Represented by Jan CIETERS

Ended
At this address

Other companies at this address

CompanyCBE no.
Bouvelo● Active
0542.454.979
Bouvelo - FL.W.● Active
0541.946.126
FLANDERS WEAVERS● Active
0428.347.248
Rdeco● Active
0405.436.541
Annual accounts

Full financial information

202520242023202320222021
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/12/202531/12/202431/12/202331/03/202331/03/202231/03/2021
Length of the financial year12 months12 months9 months12 months12 months12 months
Filing date10/08/202609/07/202519/07/202424/05/202328/06/202219/08/2021
General meeting16/07/202630/06/202528/06/202417/05/202323/06/202216/08/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/07/202610/08/2026DutchPDF
Full model31/12/202430/06/202509/07/2025DutchPDF
Full model31/12/202328/06/202419/07/2024DutchPDF
Abridged model31/03/202317/05/202324/05/2023DutchPDF
Abridged model31/03/202223/06/202228/06/2022DutchPDF
Abridged model31/03/202116/08/202119/08/2021DutchPDF
Abridged model31/03/202015/09/202021/09/2020DutchPDF
Abridged model31/03/201928/09/201930/10/2019DutchPDF
Abridged model31/03/201817/08/201821/08/2018DutchPDF
Abridged model31/03/201730/09/201705/07/2018DutchPDF
Abridged model31/03/201624/09/201611/10/2016DutchPDF
Abridged model31/03/201526/09/201530/09/2015DutchPDF
Abridged model31/03/201427/09/201427/11/2014DutchPDF
Abridged model31/03/201328/09/201329/11/2013DutchPDF
Abridged model31/03/201229/09/201230/11/2012DutchPDF
Abridged model31/03/201124/09/201118/10/2011DutchPDF
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 · 2 active · 12 ended

Active mandates

ECOSTAL GROUP

Director · since 06 décembre 2023 · 0757.661.456

Represented by Loïc Pequignot

Active
J.A.C.-Consulting

Director · since 06 décembre 2023 · 0698.714.358

Represented by Jan Cieters

Active

Ended mandates

ECOSTAL GROUP

Director · since 06 décembre 2023 · 0757.661.456

Represented by PIRON CHRISTOPHE ALBERT LUC

Ended
ECOSTAL GROUP

Director · since 06 décembre 2023 · 0757.661.456

Represented by Alexander DE WIT

Ended
J.A.C.-Consulting

Director · since 06 décembre 2023 · 0698.714.358

Represented by Jan CIETERS

Ended
J.A.C.-Consulting

Director · since 07 janvier 2021 · 0698.714.358

Represented by Jan CIETERS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring16/05/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates16/04/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates07/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2021
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2020
    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. 2025
    Annual accounts 202586,2 k €↑
  2. 2024
    Annual accounts 2024-274,4 k €↓
  3. 2023
    Annual accounts 2023530,6 k €↓
  4. 2023
    Annual accounts 20233 M €↑
  5. 2022
    Annual accounts 2022847,9 k €↑
  6. 2020
    Annual accounts 2020142,4 k €↑
  7. 2019
    Annual accounts 2019106,1 k €↑
  8. 2018
    Annual accounts 201858,6 k €↑
  9. 2017
    Annual accounts 201737,8 k €↓
  10. 2016
    Annual accounts 201678,8 k €↑
  11. 2015
    Annual accounts 20157 k €↓
  12. 2014
    Annual accounts 201432,1 k €↓
  13. 2013
    Annual accounts 2013122,8 k €↑
  14. 2012
    Annual accounts 201299,5 k €↑
  15. 2011
    Annual accounts 201147,9 k €
  16. 14/07/2009
    IncorporationPrivate limited company