ACTIVE

Project Vijf Public

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Financial year 2025 · closed on 31/12/2025

Net result

9,3 k €

+175.8% YoY

Gross margin

51,7 k €

+72.9% YoY

Equity

149,3 k €

-14.7% YoY

What does Project Vijf Public do?

Project Vijf Public is a Private limited company incorporated in 2006. Its main activity is: Architectural activities. Its registered office is in Diksmuide.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.621.041

Incorporation

24/02/2006

Legal form

Private limited company

Registered office

Esenweg 113
8600 Diksmuide · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

71112Architectural activities· main 71112Architectural activities 41101Development of building projects 68121Buying and selling of own real estate 70111Activities of head offices

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ 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	51,7 k €	+72.9%	29,9 k €	-60.3%	75,4 k €	-20.4%	94,8 k €	-29.3%	134 k €	-5.9%	142,5 k €	+30.6%	109,1 k €	+23.8%	88,1 k €	+67.5%	52,6 k €	-13.4%	60,7 k €	-29.2%	85,8 k €	+30.2%	65,9 k €	+57.1%	41,9 k €	-25.0%	55,9 k €	+60.4%	34,9 k €	+20.0%	29 k €	+31.9%	22 k €	-2.4%	22,6 k €	+21.0%	18,6 k €	-13.8%	21,6 k €
EBITDA	48 k €	+82.1%	26,3 k €	-62.5%	70,2 k €	+9.5%	64,1 k €	-4.5%	67,1 k €	-27.4%	92,4 k €	+26.0%	73,3 k €	+46.0%	50,2 k €	+30.8%	38,4 k €	-32.6%	57 k €	-30.0%	81,4 k €	+32.2%	61,6 k €	+62.9%	37,8 k €	-29.1%	53,3 k €	+66.3%	32 k €	+19.0%	26,9 k €	+34.8%	20 k €	+4.7%	19,1 k €	+12.1%	17 k €	-15.5%	20,2 k €
Operating result	14,6 k €	+257%	-9,3 k €	-128%	32,8 k €	+26.6%	25,9 k €	-27.0%	35,5 k €	-41.8%	61 k €	+43.6%	42,5 k €	+124%	19 k €	+199%	6,4 k €	-74.2%	24,7 k €	-52.5%	52 k €	+54.9%	33,6 k €	+150%	13,4 k €	-49.7%	26,7 k €	+113%	12,5 k €	-15.9%	14,9 k €	-10.6%	16,7 k €	+6.6%	15,7 k €	+508%	2,6 k €	-65.0%	7,4 k €
Net result	9,3 k €	+176%	-12,3 k €	-171%	17,3 k €	+29.5%	13,3 k €	-36.0%	20,8 k €	-51.6%	43,1 k €	+91.1%	22,5 k €	+385%	4,6 k €	+173%	-6,4 k €	-197%	6,5 k €	-78.7%	30,6 k €	+137%	12,9 k €	+443%	-3,8 k €	-155%	6,9 k €	+236%	-5,1 k €	-197%	5,2 k €	-50.5%	10,6 k €	+55.0%	6,8 k €	+281%	-3,8 k €	-244%	2,6 k €
Balance sheet
Equity	149,3 k €	-14.7%	175 k €	-6.6%	187,3 k €	+10.2%	170,1 k €	+8.5%	156,7 k €	+15.3%	135,9 k €	+32.1%	102,8 k €	+28.0%	80,3 k €	+6.1%	75,7 k €	-7.8%	82 k €	+8.7%	75,5 k €	+68.3%	44,9 k €	+40.6%	31,9 k €	-10.6%	35,7 k €	+23.8%	28,8 k €	-15.0%	33,9 k €	+18.3%	28,6 k €	+58.5%	18,1 k €	+60.7%	11,2 k €	-25.1%	15 k €
Total assets	197,5 k €	-15.6%	234,2 k €	-13.8%	271,7 k €	-3.3%	281,1 k €	-4.7%	295 k €	-9.6%	326,4 k €	+6.7%	305,9 k €	-4.4%	320,2 k €	-6.3%	341,8 k €	-7.9%	371 k €	+3.5%	358,5 k €	+1.8%	352,3 k €	+6.9%	329,4 k €	-2.2%	336,9 k €	+5.1%	320,4 k €	+63.2%	196,3 k €	+30.4%	150,5 k €	+6.0%	142,1 k €	+1.6%	139,9 k €	-5.8%	148,4 k €
Cash	22 k €	+263%	6,1 k €	-80.3%	30,8 k €	+110%	14,7 k €	+231%	4,4 k €	-87.4%	35,3 k €	+558%	5,4 k €	+429%	1 k €	-81.4%	5,4 k €		–		–		–		10,6 k €	+96436%	11 €	-99.9%	11,8 k €	+10.3%	10,7 k €	-91.4%	124,2 k €	-6.0%	132,2 k €	+732%	15,9 k €	-8.4%	17,3 k €
Debts	48,2 k €	-18.5%	59,2 k €	-29.9%	84,4 k €	-24.0%	111 k €	-19.7%	138,2 k €	-27.4%	190,5 k €	-6.2%	203,1 k €	-15.3%	239,9 k €	-9.9%	266,2 k €	-7.9%	289 k €	+2.1%	283 k €	-7.9%	307,4 k €	+3.3%	297,5 k €	-1.2%	301,2 k €	+3.3%	291,6 k €	+80.1%	161,9 k €	+32.8%	121,9 k €	-1.7%	124 k €	-3.6%	128,6 k €	-3.6%	133,4 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 · 1 ended

Active mandates

Danny Hoorelbeke

Director

Active

Ended mandates

Danny Hoorelbeke

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Project Vijf Private● Active	0774.710.492

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	05/08/2026	10/06/2025	31/05/2024	05/06/2023	30/05/2022	07/06/2021
General meeting	23/05/2026	24/05/2025	25/05/2024	27/05/2023	21/05/2022	22/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	23/05/2026	05/08/2026	Dutch	PDF
Micro model	31/12/2024	24/05/2025	10/06/2025	Dutch	PDF
Micro model	31/12/2023	25/05/2024	31/05/2024	Dutch	PDF
Micro model	31/12/2022	27/05/2023	05/06/2023	Dutch	PDF
Micro model	31/12/2021	21/05/2022	30/05/2022	Dutch	PDF
Micro model	31/12/2020	22/05/2021	07/06/2021	Dutch	PDF
Micro model	31/12/2019	23/05/2020	12/06/2020	Dutch	PDF
Micro model	31/12/2018	18/05/2019	06/06/2019	Dutch	PDF
Micro model	31/12/2017	19/05/2018	08/06/2018	Dutch	PDF
Micro model	31/12/2016	20/05/2017	24/05/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	24/05/2016	Dutch	PDF
Abridged model	31/12/2014	23/05/2015	01/06/2015	Dutch	PDF
Abridged model	31/12/2013	24/05/2014	05/08/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	06/07/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	22/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	23/05/2009	26/05/2009	Dutch	PDF
Abridged model	31/12/2007	24/05/2008	28/05/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	19/06/2007	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 · 1 ended

Active mandates

Danny Hoorelbeke

Director

Active

Ended mandates

Danny Hoorelbeke

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/10/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/11/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other08/03/2006
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 20259,3 k €↑
2024
Annual accounts 2024-12,3 k €↓
2023
Annual accounts 202317,3 k €↑
2022
Annual accounts 202213,3 k €↓
2021
Annual accounts 202120,8 k €↓
2021
Name changeProject Vijf Public
2020
Annual accounts 202043,1 k €↑
2019
Annual accounts 201922,5 k €↑
2018
Annual accounts 20184,6 k €↑
2017
Annual accounts 2017-6,4 k €↓
2016
Annual accounts 20166,5 k €↓
2015
Annual accounts 201530,6 k €↑
2014
Annual accounts 201412,9 k €↑
2013
Annual accounts 2013-3,8 k €↓
2012
Annual accounts 20126,9 k €↑
2011
Annual accounts 2011-5,1 k €↓
2010
Annual accounts 20105,2 k €↓
2009
Annual accounts 200910,6 k €↑
2008
Annual accounts 20086,8 k €↑
2007
Annual accounts 2007-3,8 k €↓
2006
Annual accounts 20062,6 k €
24/02/2006
IncorporationPrivate limited company
2006
Name changePROJECT VIJF

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

Project Vijf Public

Overview

What does Project Vijf Public 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

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline