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FGL-Projects

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Financial year 2025 · closed on 31/03/2025

Net result

8,3 k €

-67.6% YoY

Gross margin

96,5 k €

-22.6% YoY

Equity

637,2 k €

+1.3% YoY

What does FGL-Projects do?

FGL-Projects is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Hooglede.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0897.920.486

Incorporation

13/05/2008

Legal form

Private limited company

Registered office

Gitsbergstraat 68 box A
8830 Hooglede · FlandreSee on map

Contributed capital

15 734,22 €

Latest accounts

31/03/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 64200Activities of holding companies 64210Activities of holding companies

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	96,5 k €	-22.6%	124,6 k €	-25.2%	166,7 k €	+18.8%	140,3 k €	+35.4%	103,6 k €	-81.9%	573,8 k €	-30.8%	828,6 k €	-4.1%	864,4 k €	+43.7%	601,5 k €	+33.6%	450,2 k €	+37.0%	328,7 k €	-20.5%	413,3 k €	+10.9%	372,5 k €	+73.4%	214,8 k €	+783%	-31,4 k €	-225%	25,2 k €
EBITDA	87 k €	-27.2%	119,4 k €	-25.3%	159,8 k €	+21.8%	131,3 k €	+35.6%	96,8 k €	-47.7%	185,1 k €	-64.3%	518,5 k €	+1.0%	513,2 k €	+70.3%	301,4 k €	+32.1%	228,1 k €	+100%	113,9 k €	-41.8%	195,9 k €	-11.4%	221,2 k €	+48.7%	148,7 k €	+522%	-35,2 k €	-250%	23,4 k €
Operating result	29,2 k €	-49.5%	57,9 k €	-40.1%	96,7 k €	+32.4%	73 k €	+93.1%	37,8 k €	-64.0%	104,9 k €	-75.2%	422,5 k €	+2.7%	411,2 k €	+103%	202,5 k €	+38.0%	146,8 k €	+200%	49 k €	-66.4%	145,5 k €	-1.4%	147,7 k €	+51.9%	97,2 k €	+284%	-52,8 k €	-669%	9,3 k €
Net result	8,3 k €	-67.6%	25,5 k €	-51.5%	52,6 k €	+27.9%	41,2 k €	+172%	15,1 k €	-72.7%	55,4 k €	-80.5%	283,6 k €	+25.9%	225,3 k €	+159%	86,8 k €	+376%	18,3 k €	+249%	5,2 k €	-94.8%	100,5 k €	+6.6%	94,3 k €	+24.5%	75,7 k €	+242%	-53,4 k €	-1080%	5,4 k €
Balance sheet
Equity	637,2 k €	+1.3%	628,9 k €	+4.2%	603,4 k €	-2.5%	619 k €	-19.4%	767,9 k €	+2.0%	752,8 k €	-10.2%	838,4 k €	+47.7%	567,6 k €	+61.5%	351,4 k €	+32.8%	264,6 k €	+13.1%	234 k €	+2.3%	228,7 k €	+78.3%	128,3 k €	+277%	34 k €	+182%	-41,7 k €	-458%	11,6 k €
Total assets	1 M €	-4.6%	1,1 M €	-2.5%	1,1 M €	-4.1%	1,1 M €	-11.6%	1,3 M €	-21.7%	1,7 M €	-7.3%	1,8 M €	+6.7%	1,7 M €	+0.7%	1,7 M €	+10.4%	1,5 M €	+34.2%	1,1 M €	+143%	463,5 k €	+6.1%	436,6 k €	+149%	175,6 k €	+7.5%	163,3 k €	+373%	34,5 k €
Cash	6,1 k €		–		16 k €	-33.2%	24 k €	-80.6%	123,7 k €	-61.5%	321,1 k €	+102%	159,3 k €	+182%	56,4 k €	+182%	20 k €	+11943%	166,4 €	-99.7%	51,1 k €	+62.8%	31,4 k €	+24.7%	25,2 k €	+113%	11,8 k €	-72.4%	42,8 k €	+1810%	2,2 k €
Debts	363,3 k €	-13.4%	419,7 k €	-11.5%	474,4 k €	-6.8%	509 k €	-1.2%	515,3 k €	-42.9%	901,8 k €	-2.2%	922 k €	-14.0%	1,1 M €	-15.7%	1,3 M €	+4.1%	1,2 M €	+38.7%	879,9 k €	+284%	228,9 k €	-25.0%	305,3 k €	+116%	141,6 k €	-30.9%	204,8 k €	+795%	22,9 k €
Other
Workforce	–		–		–		–		0,0 ETP	-100%	5,2 ETP	+18.2%	4,4 ETP	-8.3%	4,8 ETP	+23.1%	3,9 ETP	+30.0%	3,0 ETP	0.0%	3,0 ETP	-6.3%	3,2 ETP	+39.1%	2,3 ETP	+130%	1,0 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 31/03/2025 · 2 active · 4 ended

Active mandates

Filip LEENKNEGT

Director

Active

Greet SAELENS

Director

Active

Ended mandates

Filip LEENKNEGT

Manager · since 15 mai 2008

Ended

Greet SAELENS

Manager · since 15 mai 2008

Ended

Filip LEENKNEGT

Manager

Ended

Greet SAELENS

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/11/2025	31/10/2024	31/10/2023	28/10/2022	30/09/2021	27/10/2020
General meeting	06/09/2025	07/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	06/09/2025	29/11/2025	Dutch	PDF
Micro model	31/03/2024	07/09/2024	31/10/2024	Dutch	PDF
Abridged model	31/03/2023	30/09/2023	31/10/2023	Dutch	PDF
Abridged model	31/03/2022	30/09/2022	28/10/2022	Dutch	PDF
Abridged model	31/03/2021	30/09/2021	30/09/2021	Dutch	PDF
Abridged model	31/03/2020	30/09/2020	27/10/2020	Dutch	PDF
Abridged model	31/03/2019	30/09/2019	25/10/2019	Dutch	PDF
Abridged model	31/03/2018	30/09/2018	30/10/2018	Dutch	PDF
Abridged model	31/03/2017	30/09/2017	31/10/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	24/10/2016	Dutch	PDF
Abridged model	31/03/2015	30/09/2015	20/10/2015	Dutch	PDF
Abridged model	31/03/2014	26/09/2014	02/10/2014	Dutch	PDF
Abridged model	31/03/2013	27/09/2013	07/10/2013	Dutch	PDF
Abridged model	31/03/2012	28/09/2012	01/10/2012	Dutch	PDF
Abridged model	31/03/2011	30/09/2011	07/10/2011	Dutch	PDF
Abridged model	31/03/2010	24/09/2010	27/09/2010	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 31/03/2025 · 2 active · 4 ended

Active mandates

Filip LEENKNEGT

Director

Active

Greet SAELENS

Director

Active

Ended mandates

Filip LEENKNEGT

Manager · since 15 mai 2008

Ended

Greet SAELENS

Manager · since 15 mai 2008

Ended

Filip LEENKNEGT

Manager

Ended

Greet SAELENS

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/06/2020
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring27/03/2020
WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates02/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other23/05/2008
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 20258,3 k €↓
2024
Annual accounts 202425,5 k €↓
2023
Annual accounts 202352,6 k €↑
2022
Annual accounts 202241,2 k €↑
2021
Annual accounts 202115,1 k €↓
2020
Annual accounts 202055,4 k €↓
2019
Annual accounts 2019283,6 k €↑
2018
Annual accounts 2018225,3 k €↑
2017
Annual accounts 201786,8 k €↑
2016
Annual accounts 201618,3 k €↑
2015
Annual accounts 20155,2 k €↓
2014
Annual accounts 2014100,5 k €↑
2013
Annual accounts 201394,3 k €↑
2012
Annual accounts 201275,7 k €↑
2011
Annual accounts 2011-53,4 k €↓
2010
Annual accounts 20105,4 k €
13/05/2008
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

FGL-Projects

Overview

What does FGL-Projects do?

Trend over 16 financial years

Indicative valuation

Board of directors

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