ACTIVE

SOCRATES PROJECTS

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Financial year 2025 · closed on 31/12/2025

Net result

-3,8 k €

-100.8% YoY

Gross margin

81,3 k €

-86.9% YoY

Equity

6,9 M €

-8.0% YoY

Workforce

0,0 ETP

What does SOCRATES PROJECTS do?

SOCRATES PROJECTS is a Public limited company incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Kruisem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0871.903.504

Incorporation

15/02/2005

Legal form

Public limited company

Registered office

Nazarethsesteenweg(HUS) 111
9770 Kruisem · FlandreSee on map

Contributed capital

246 499,85 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 01130Growing of vegetables and melons, roots and tubers 01240Growing of pome fruits and stone fruits 01240Growing of pome fruits and stone fruits+6

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	81,3 k €	-86.9%	622,1 k €	-66.2%	1,8 M €	-48.7%	3,6 M €	+1229%	269,9 k €	-15.6%	319,9 k €	+227%	-252,3 k €	-197%	259,8 k €	-87.1%	2 M €	+318%	482,6 k €	-39.5%	797,8 k €	-3.2%	824 k €	-58.8%	2 M €	+2.8%	1,9 M €	+154%	767,8 k €	-7.9%	833,3 k €	-1.9%	849,4 k €	+72.8%	491,6 k €	+3799%	12,6 k €
EBITDA	79,6 k €	-87.0%	613,1 k €	-66.6%	1,8 M €	-48.8%	3,6 M €	+1238%	268 k €	-15.7%	318 k €	+181%	-394,1 k €	-253%	258 k €	-87.2%	2 M €	+321%	478,6 k €	-39.7%	794,1 k €	-3.2%	820,4 k €	-58.7%	2 M €	+2.3%	1,9 M €	+157%	756,7 k €	+534%	-174,3 k €	-121%	848 k €	+73.0%	490,1 k €	+5095%	9,4 k €
Operating result	34,4 k €	-94.0%	572,9 k €	-68.4%	1,8 M €	-46.5%	3,4 M €	+1213%	258 k €	+819%	-35,9 k €	+95.2%	-749 k €	-125%	-333,1 k €	-123%	1,4 M €	+5402%	25,9 k €	-94.3%	452,9 k €	-5.5%	479 k €	-70.8%	1,6 M €	+109%	782,7 k €	+93.0%	405,5 k €	+179%	-511,2 k €	-242%	358,9 k €	+126%	159,1 k €	+997%	-17,7 k €
Net result	-3,8 k €	-101%	502,5 k €	-69.0%	1,6 M €	-34.2%	2,5 M €	+1028%	218,4 k €	+6084%	3,5 k €	+101%	-453,8 k €	+12.6%	-519,1 k €	-154%	968,6 k €	+685%	123,3 k €	-74.8%	488,4 k €	+295%	123,7 k €	-93.1%	1,8 M €	+247%	513,5 k €	+60.2%	320,6 k €	-72.3%	1,2 M €	+459%	206,7 k €	+237%	61,3 k €	+395%	-20,8 k €
Balance sheet
Equity	6,9 M €	-8.0%	7,5 M €	+7.2%	7 M €	+30.1%	5,4 M €	+84.5%	2,9 M €	-0.8%	2,9 M €	+0.1%	2,9 M €	-39.9%	4,9 M €	-9.6%	5,4 M €	+21.8%	4,4 M €	+2.9%	4,3 M €	+12.7%	3,8 M €	-39.0%	6,3 M €	+39.6%	4,5 M €	+12.9%	4 M €	+8.7%	3,7 M €	+46.0%	2,5 M €	+9.0%	2,3 M €	+2516%	88,1 k €
Total assets	12 M €	-7.8%	13 M €	-0.8%	13,1 M €	-5.8%	13,9 M €	-5.5%	14,8 M €	+40.3%	10,5 M €	-3.3%	10,9 M €	-13.6%	12,6 M €	-8.1%	13,7 M €	+148%	5,5 M €	+20.2%	4,6 M €	+5.4%	4,4 M €	-57.7%	10,3 M €	+25.4%	8,2 M €	+25.1%	6,6 M €	+6.1%	6,2 M €	+12.1%	5,5 M €	+37.3%	4 M €	+2001%	191,1 k €
Cash	4,2 k €	-95.0%	84,3 k €	+134%	36,1 k €	-97.7%	1,6 M €	-55.0%	3,5 M €	+575%	512,6 k €	-14.8%	602 k €	-9.9%	668,5 k €	-36.9%	1,1 M €	+400%	211,9 k €	-84.2%	1,3 M €	+38.5%	966,8 k €	+1739%	52,6 k €	-75.2%	212,1 k €	-90.2%	2,2 M €	-11.7%	2,5 M €	+7735%	31,4 k €	-74.4%	122,5 k €		–
Debts	5,1 M €	-7.4%	5,5 M €	-9.9%	6,1 M €	-27.7%	8,4 M €	-28.4%	11,7 M €	+56.2%	7,5 M €	-4.8%	7,9 M €	+8.8%	7,3 M €	-6.4%	7,8 M €	+722%	942,9 k €	+566%	141,5 k €	-66.9%	427,3 k €	-89.3%	4 M €	+7.9%	3,7 M €	+44.0%	2,6 M €	+2.6%	2,5 M €	-16.3%	3 M €	+75.2%	1,7 M €	+1560%	103 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Alain Liebaert

Managing director · since 21 avril 2018 · until 21 avril 2029

Active

Micheline De Graeve

Director · since 21 avril 2018 · until 21 avril 2029

Active

Ended mandates

Alain Liebaert

Managing director · since 21 avril 2018 · until 20 avril 2024

Ended

Micheline De Graeve

Director · since 21 avril 2018 · until 20 avril 2024

Ended

Alain Liebaert

Director · since 11 février 2011 · until 15 avril 2017

Ended

Micheline De Graeve

Director · since 11 février 2011 · until 15 avril 2017

Ended

At this address

Other companies at this address

Company	CBE no.
LMQS● Active	0671.879.012

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	22/04/2026	22/04/2025	08/05/2024	24/04/2023	05/05/2022	29/06/2021
General meeting	18/04/2026	19/04/2025	03/05/2024	15/04/2023	16/04/2022	31/05/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/04/2026	22/04/2026	Dutch	PDF
Abridged model	31/12/2024	19/04/2025	22/04/2025	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	08/05/2024	Dutch	PDF
Abridged model	31/12/2022	15/04/2023	24/04/2023	Dutch	PDF
Abridged model	31/12/2021	16/04/2022	05/05/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	18/04/2020	25/08/2020	Dutch	PDF
Abridged model	31/12/2018	20/04/2019	30/08/2019	Dutch	PDF
Abridged modelCorrection	31/12/2017	21/04/2018	13/09/2018	Dutch	PDF
Abridged model	31/12/2017	21/04/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	15/04/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/04/2016	22/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/04/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/05/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	20/04/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	21/04/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	16/04/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/04/2010	24/08/2010	Dutch	PDF
Abridged model	31/12/2008	18/04/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	19/04/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/04/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 8 ended

Active mandates

Alain Liebaert

Managing director · since 21 avril 2018 · until 21 avril 2029

Active

Micheline De Graeve

Director · since 21 avril 2018 · until 21 avril 2029

Active

Ended mandates

Alain Liebaert

Managing director · since 21 avril 2018 · until 20 avril 2024

Ended

Micheline De Graeve

Director · since 21 avril 2018 · until 20 avril 2024

Ended

Alain Liebaert

Director · since 11 février 2011 · until 15 avril 2017

Ended

Micheline De Graeve

Director · since 11 février 2011 · until 15 avril 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/04/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Other05/06/2015
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares20/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares17/06/2013
KAPITAAL - AANDELEN
PDF
Mandates31/05/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/08/2007
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-3,8 k €↓
2024
Annual accounts 2024502,5 k €↓
2023
Annual accounts 20231,6 M €↓
2022
Annual accounts 20222,5 M €↑
2021
Annual accounts 2021218,4 k €↑
2019
Annual accounts 20193,5 k €↑
2018
Annual accounts 2018-453,8 k €↑
2017
Annual accounts 2017-519,1 k €↓
2016
Annual accounts 2016968,6 k €↑
2015
Annual accounts 2015123,3 k €↓
2014
Annual accounts 2014488,4 k €↑
2013
Annual accounts 2013123,7 k €↓
2012
Annual accounts 20121,8 M €↑
2011
Annual accounts 2011513,5 k €↑
2010
Annual accounts 2010320,6 k €↓
2009
Annual accounts 20091,2 M €↑
2008
Annual accounts 2008206,7 k €↑
2007
Annual accounts 200761,3 k €↑
2006
Annual accounts 2006-20,8 k €
15/02/2005
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

SOCRATES PROJECTS

Overview

What does SOCRATES PROJECTS do?

Trend over 19 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