ACTIVE

A & B PROJECT

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Financial year 2025 · closed on 31/12/2025

Net result

141,2 k €

+84.2% YoY

Gross margin

341,1 k €

+39.5% YoY

Equity

219,1 k €

0.0% YoY

Workforce

2,3 ETP

+21.1% YoY

What does A & B PROJECT do?

A & B PROJECT is a Public limited company incorporated in 2004. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Londerzeel. It employs on average 2,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0863.860.719

Incorporation

05/03/2004

Legal form

Public limited company

Registered office

Nijverheidsstraat 10
1840 Londerzeel · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

2,3 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 74872Other professional, scientific and technical activities 82300Organisation of conventions and trade shows 82300Organisation of conventions and trade shows+6

Joint committees (4)

126
1260
200
218

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	341,1 k €	+39.5%	244,4 k €	-18.3%	299,2 k €	+11.6%	268,2 k €	+33.7%	200,6 k €	-4.8%	210,8 k €	+2.5%	205,6 k €	-5.4%	217,3 k €	+18.3%	183,7 k €	-11.7%	208 k €	-3.2%	214,8 k €	-14.0%	249,7 k €	+10.2%	226,6 k €	-28.2%	315,4 k €	-14.7%	369,9 k €	+55.4%	238 k €	+50.1%	158,5 k €
EBITDA	208,2 k €	+62.2%	128,4 k €	-19.4%	159,3 k €	-8.1%	173,3 k €	+46.3%	118,4 k €	-14.1%	137,8 k €	+48.1%	93,1 k €	-20.0%	116,4 k €	+61.7%	72 k €	-42.8%	126 k €	+25.1%	100,7 k €	-5.4%	106,4 k €	+116%	49,3 k €	-66.5%	147,2 k €	-13.5%	170,2 k €	+52.0%	112 k €	+165%	42,3 k €
Operating result	194,5 k €	+67.7%	116 k €	-20.5%	145,9 k €	+11.7%	130,6 k €	+18.8%	109,9 k €	-16.6%	131,7 k €	+51.0%	87,2 k €	-18.1%	106,5 k €	+68.4%	63,2 k €	-40.6%	106,5 k €	+38.8%	76,7 k €	-6.3%	81,8 k €	+189%	28,3 k €	-78.2%	129,9 k €	-18.2%	158,7 k €	+64.5%	96,5 k €	+386%	19,9 k €
Net result	141,2 k €	+84.2%	76,7 k €	-19.4%	95,2 k €	+3.3%	92,1 k €	+18.7%	77,6 k €	-17.3%	93,8 k €	+56.2%	60 k €	-23.7%	78,6 k €	+86.1%	42,3 k €	-41.2%	71,8 k €	+11.9%	64,2 k €	+29.9%	49,4 k €	+125%	22 k €	-74.1%	84,9 k €	-17.9%	103,4 k €	+45.5%	71,1 k €	+435%	13,3 k €
Balance sheet
Equity	219,1 k €	0.0%	219,1 k €	+0.0%	219,1 k €	+2.4%	213,9 k €	+8.7%	196,8 k €	+1.3%	194,2 k €	+10.7%	175,5 k €	-49.2%	345,4 k €	+29.5%	266,8 k €	-49.1%	524,5 k €	+2.3%	512,7 k €	+14.3%	448,5 k €	+12.4%	399 k €	+5.8%	377,1 k €	+29.1%	292,2 k €	+54.8%	188,8 k €	+60.4%	117,7 k €
Total assets	1,1 M €	+93.7%	586,6 k €	-29.3%	830,2 k €	-24.8%	1,1 M €	+41.5%	780,3 k €	-15.0%	917,8 k €	+25.9%	729 k €	-5.2%	768,9 k €	+13.1%	679,6 k €	-22.7%	879,1 k €	-15.6%	1 M €	+5.5%	986,7 k €	-5.9%	1 M €	-16.9%	1,3 M €	-1.8%	1,3 M €	+105%	627,4 k €	+34.3%	467,1 k €
Cash	291,9 k €	+65.2%	176,7 k €	-35.7%	274,8 k €	+3.9%	264,5 k €	+992%	24,2 k €	+6.1%	22,8 k €	-89.1%	210,2 k €	+159%	81,2 k €	-69.1%	263,2 k €	+271%	70,9 k €	-27.1%	97,3 k €	+209%	31,5 k €	-51.6%	65 k €	+346%	14,6 k €	+59.4%	9,2 k €	-89.2%	84,4 k €	+31.7%	64,1 k €
Debts	672,9 k €	+154%	264,9 k €	-42.3%	459,2 k €	-26.2%	622,6 k €	+31.8%	472,2 k €	+2.6%	460,4 k €	+23.9%	371,5 k €	+37.1%	270,9 k €	-27.4%	373 k €	+5.3%	354,3 k €	-15.5%	419,3 k €	-20.7%	529,1 k €	-18.6%	649,8 k €	-11.8%	736,9 k €	-18.3%	902,5 k €	+131%	390,3 k €	+24.4%	313,6 k €
Other
Workforce	2,3 ETP	+21.1%	1,9 ETP	-17.4%	2,3 ETP	-20.7%	2,9 ETP	+81.2%	1,6 ETP	-42.9%	2,8 ETP	0.0%	2,8 ETP	+7.7%	2,6 ETP	0.0%	2,6 ETP	+30.0%	2,0 ETP	-28.6%	2,8 ETP	-28.2%	3,9 ETP	-2.5%	4,0 ETP	+2.6%	3,9 ETP	+56.0%	2,5 ETP	-16.7%	3,0 ETP	0.0%	3,0 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 · 16 ended

Active mandates

VIOS

Director · since 16 juin 2023 · 0801.931.365

Represented by Weckx Lenn

Active

ESTRO

Director · since 19 juin 2019 · 0862.308.422

Represented by Weckx Bruno

Active

Ended mandates

VIOS

Director · since 16 juin 2023 · until 30 juin 2029 · 0801.931.365

Represented by Weckx LENN

Ended

Bruno Weckx

Director · since 16 mai 2022 · until 30 juin 2028

Ended

ESTRO

Director · since 19 juillet 2019 · until 30 juin 2025 · 0862.308.422

Represented by Weckx BRUNO

Ended

ESTRO

Managing director · since 19 juillet 2019 · until 30 juin 2025 · 0862.308.422

Represented by Bruno Weckx

Ended

At this address

Other companies at this address

Company	CBE no.
BETON TROWEL● Active	0821.249.312
MOS● Active	0804.608.070

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	01/01/2025	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	12/05/2026	30/06/2025	16/05/2024	17/05/2023	31/05/2022	02/04/2021
General meeting	27/04/2026	02/06/2025	06/05/2024	02/05/2023	16/05/2022	29/03/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/04/2026	12/05/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	06/05/2024	16/05/2024	Dutch	PDF
Abridged model	31/12/2022	02/05/2023	17/05/2023	Dutch	PDF
Abridged model	31/12/2021	16/05/2022	31/05/2022	Dutch	PDF
Abridged model	31/12/2020	29/03/2021	02/04/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	12/06/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	14/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	16/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	13/03/2015	31/03/2015	Dutch	PDF
Abridged model	31/12/2013	06/03/2014	21/03/2014	Dutch	PDF
Abridged model	31/12/2012	24/04/2013	10/05/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	15/06/2012	Dutch	PDF
Abridged model	31/03/2010	06/09/2010	23/09/2010	Dutch	PDF
Abridged model	31/03/2009	16/09/2009	18/09/2009	Dutch	PDF
Abridged model	31/03/2008	22/09/2008	30/09/2008	Dutch	PDF
Abridged model	31/03/2007	03/09/2007	27/09/2007	Dutch	PDF

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 · 16 ended

Active mandates

VIOS

Director · since 16 juin 2023 · 0801.931.365

Represented by Weckx Lenn

Active

ESTRO

Director · since 19 juin 2019 · 0862.308.422

Represented by Weckx Bruno

Active

Ended mandates

VIOS

Director · since 16 juin 2023 · until 30 juin 2029 · 0801.931.365

Represented by Weckx LENN

Ended

Bruno Weckx

Director · since 16 mai 2022 · until 30 juin 2028

Ended

ESTRO

Director · since 19 juillet 2019 · until 30 juin 2025 · 0862.308.422

Represented by Weckx BRUNO

Ended

ESTRO

Managing director · since 19 juillet 2019 · until 30 juin 2025 · 0862.308.422

Represented by Bruno Weckx

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/02/2021
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates05/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other31/03/2011
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/11/2010
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

2025
Annual accounts 2025141,2 k €↑
2024
Annual accounts 202476,7 k €↓
2023
Annual accounts 202395,2 k €↑
2022
Annual accounts 202292,1 k €↑
2021
Annual accounts 202177,6 k €↓
2020
Annual accounts 202093,8 k €↑
2019
Annual accounts 201960 k €↓
2018
Annual accounts 201878,6 k €↑
2017
Annual accounts 201742,3 k €↓
2016
Annual accounts 201671,8 k €↑
2015
Annual accounts 201564,2 k €↑
2014
Annual accounts 201449,4 k €↑
2013
Annual accounts 201322 k €↓
2012
Annual accounts 201284,9 k €↓
2011
Annual accounts 2011103,4 k €↑
2010
Annual accounts 201071,1 k €↑
2009
Annual accounts 200913,3 k €
05/03/2004
IncorporationPublic 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

A & B PROJECT

Overview

What does A & B PROJECT do?

Trend over 17 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