ACTIVE

FTPROJECTS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

12,6 k €

+1.9% YoY

Gross margin

29,1 k €

-0.1% YoY

Equity

50,6 k €

+30.3% YoY

What does FTPROJECTS do?

FTPROJECTS is a Private limited company incorporated in 2003. Its registered office is in Mol.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.706.338

Incorporation

25/09/2003

Legal form

Private limited company

Registered office

Brandstraat 156
2400 Mol · FlandreSee on map

Contributed capital

19 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	29,1 k €	-0.1%	29,1 k €	+21.2%	24,0 k €	+213%	7,7 k €	-67.0%	23,2 k €	+26.1%	18,4 k €	+47.4%	12,5 k €	+90.9%	6,6 k €	+191%	-7,2 k €	-44890%	-16,0 €	+99.9%	-14,1 k €	-213%	12,6 k €	+67.5%	7,5 k €	-43.7%	13,3 k €	+114%	6,2 k €	-63.2%	16,9 k €	+259%	-10,6 k €	-81305%	13,1 €	-99.9%	18,5 k €	-38.3%	30,0 k €
EBITDA	27,6 k €	-2.9%	28,4 k €	+23.8%	23,0 k €	+344%	5,2 k €	-76.5%	22,0 k €	+25.9%	17,5 k €	+53.2%	11,4 k €	+100%	5,7 k €	+170%	-8,2 k €	-632%	-1,1 k €	+92.6%	-15,1 k €	-231%	11,5 k €	+70.3%	6,7 k €	-46.2%	12,6 k €	+133%	5,4 k €	-66.5%	16,1 k €	+240%	-11,4 k €	-976%	-1,1 k €	-106%	16,8 k €	-39.3%	27,6 k €
Operating result	17,4 k €	-9.5%	19,3 k €	+24.0%	15,5 k €	+362%	3,4 k €	-82.1%	18,8 k €	+33.2%	14,2 k €	+80.6%	7,8 k €	+275%	2,1 k €	+116%	-13,0 k €	-182%	-4,6 k €	+80.3%	-23,5 k €	-2041%	1,2 k €	+219%	-1,0 k €	-211%	920,3 €	+137%	-2,5 k €	-141%	6,1 k €	+126%	-23,3 k €	-33.5%	-17,4 k €	-896%	-1,8 k €	-127%	6,5 k €
Net result	12,6 k €	+1.9%	12,4 k €	+5.4%	11,7 k €	+296%	3,0 k €	-84.2%	18,8 k €	+37.1%	13,7 k €	+101%	6,8 k €	+1054%	590,4 €	+104%	-14,5 k €	-176%	-5,2 k €	+81.9%	-29,0 k €	-4989%	593,0 €	+127%	-2,2 k €	-111%	19,0 k €	+920%	-2,3 k €	-140%	5,8 k €	+123%	-24,8 k €	-463%	6,8 k €	+281%	-3,8 k €	-201%	3,8 k €
Balance sheet
Equity	50,6 k €	+30.3%	38,9 k €	+46.8%	26,5 k €	+79.8%	14,7 k €	+25.3%	11,8 k €	+273%	-6,8 k €	+66.8%	-20,5 k €	+25.0%	-27,3 k €	+2.1%	-27,9 k €	-107%	-13,4 k €	-63.8%	-8,2 k €	-140%	20,8 k €	+2.9%	20,2 k €	-9.7%	22,4 k €	+565%	3,4 k €	-40.8%	5,7 k €	+7237%	-79,6 €	-100%	24,7 k €	+38.2%	17,9 k €	-17.5%	21,7 k €
Total assets	58,2 k €	-4.9%	61,2 k €	-1.9%	62,3 k €	+53.5%	40,6 k €	+122%	18,3 k €	+12.5%	16,3 k €	-31.3%	23,7 k €	+18.4%	20,0 k €	-11.3%	22,6 k €	+86.1%	12,1 k €	+6.3%	11,4 k €	-70.7%	38,9 k €	+2.6%	37,9 k €	-19.4%	47,0 k €	+365%	10,1 k €	-77.0%	43,9 k €	+74.2%	25,2 k €	-55.1%	56,0 k €	-1.5%	56,9 k €	-16.2%	67,9 k €
Cash	15,7 k €	+49.8%	10,5 k €	+64.1%	6,4 k €	-39.8%	10,6 k €	+99.4%	5,3 k €	+48.4%	3,6 k €	-54.9%	7,9 k €	+206%	2,6 k €	+83.8%	1,4 k €	+10.8%	1,3 k €	+171%	468,5 €	-98.1%	25,0 k €	+51.0%	16,6 k €	-10.8%	18,6 k €	+395%	3,8 k €	-57.0%	8,7 k €	+3390%	250,3 €	-96.3%	6,8 k €	+212%	2,2 k €	-85.3%	14,9 k €
Debts	4,9 k €	-75.1%	19,7 k €	-40.7%	33,2 k €	+42.9%	23,3 k €	+495%	3,9 k €	-80.3%	19,9 k €	-51.0%	40,5 k €	-6.2%	43,2 k €	-7.5%	46,7 k €	+109%	22,3 k €	+36.4%	16,4 k €	+10.2%	14,9 k €	+6.6%	13,9 k €	-39.7%	23,1 k €	+244%	6,7 k €	-55.7%	15,2 k €	-39.8%	25,2 k €	-19.4%	31,3 k €	-19.8%	39,0 k €	-14.5%	45,6 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 31/12/2025 · 1 active · 2 ended

Active mandates

Filip Thijs

Director · since 10 septembre 2003

Active

Ended mandates

Filip Thijs

Director

Ended

Filip Thijs

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Cycling Team 53-11● Active	0849.755.533

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	01/01/2025	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	08/06/2026	30/06/2025	20/06/2024	07/07/2023	08/06/2022	30/08/2021
General meeting	05/05/2026	06/05/2025	07/05/2024	02/05/2023	03/05/2022	04/05/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	05/05/2026	08/06/2026	Dutch	PDF
Micro model	31/12/2024	06/05/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	07/05/2024	20/06/2024	Dutch	PDF
Micro model	31/12/2022	02/05/2023	07/07/2023	Dutch	PDF
Micro model	31/12/2021	03/05/2022	08/06/2022	Dutch	PDF
Micro model	31/12/2020	04/05/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	05/05/2020	15/07/2020	Dutch	PDF
Abridged model	31/12/2018	07/05/2019	09/07/2019	Dutch	PDF
Abridged model	31/12/2017	02/05/2018	03/07/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/05/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/05/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/05/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/05/2013	18/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/05/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/05/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	05/05/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	06/05/2008	14/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/05/2007	04/06/2007	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 31/12/2025 · 1 active · 2 ended

Active mandates

Filip Thijs

Director · since 10 septembre 2003

Active

Ended mandates

Filip Thijs

Director

Ended

Filip Thijs

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202512,6 k €↑
2024
Annual accounts 202412,4 k €↑
2023
Annual accounts 202311,7 k €↑
2022
Annual accounts 20223,0 k €↓
2021
Annual accounts 202118,8 k €↑
2020
Annual accounts 202013,7 k €↑
2019
Annual accounts 20196,8 k €↑
2018
Annual accounts 2018590,4 €↑
2017
Annual accounts 2017-14,5 k €↓
2016
Annual accounts 2016-5,2 k €↑
2015
Annual accounts 2015-29,0 k €↓
2014
Annual accounts 2014593,0 €↑
2013
Annual accounts 2013-2,2 k €↓
2012
Annual accounts 201219,0 k €↑
2011
Annual accounts 2011-2,3 k €↓
2010
Annual accounts 20105,8 k €↑
2009
Annual accounts 2009-24,8 k €↓
2008
Annual accounts 20086,8 k €↑
2007
Annual accounts 2007-3,8 k €↓
2006
Annual accounts 20063,8 k €
25/09/2003
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

FTPROJECTS

Overview

What does FTPROJECTS do?

Trend over 20 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

Similar companies

Similar companies

Timeline