BPRO
ActiveSummary
BPRO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€44,947) and a net result of -€30,533. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 14462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Buying and selling of own real estate
NACE 68110NACE 68100
1 site
How big
€1.2mtotal assets 2025
- Equity
- -€44,947
- Loss
- -€30,533
Turnover not published (abridged schema)
Who decides
Accounts filed 28 d late0 of 1 deed read
Why 44- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate region- Negative equity+ Lower-failure-rate sectorA punctual record breaksShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability29▼-6
Solvency21▼-3
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.08 against 6.31 in 2024; short-term debt: 2.6% and cash: 2.6% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-3.6%
Return on assets
-2.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€44,947
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
28 d late
2024
28 d early
2023
4 d early
2022
38 d early
2021
23 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€30,533
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €1.2mLoss -€30,533Solvency -3.6%Liquidity 1.08
Total assets
€1.2m▲ 10.0%
2020 - 2025
Net result
-€30,533▼ 99.0%
2020 - 2025
Equity
-€44,947▼ 212%
2020 - 2025
Solvency
-3.6%▼ 2.4pp
2020 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.01m€0.01m▲ 7.6%€0.001m▼ 93.0%-€0.005m-€0.02m▼ 259%
Net result€0.009mwithin the sector's middle half€0.01mwithin the sector's middle half▲ 9.2%-€0.003mwithin the sector's middle half-€0.02mbelow the sector's middle half▼ 418%-€0.03mbelow the sector's middle half▼ 99.0%
Equity-€0.006mbelow the sector's middle half▲ 60.3%€0.004mbelow the sector's middle half€0.001mbelow the sector's middle half▼ 76.2%-€0.01mbelow the sector's middle half-€0.04mbelow the sector's middle half▼ 212%
Total assets€0.3mwithin the sector's middle half▼ 0.6%€0.3mwithin the sector's middle half▼ 0.3%€1.0mwithin the sector's middle half▲ 254%€1.1mabove the sector's middle half▲ 9.2%€1.2mabove the sector's middle half▲ 10.0%
Debt€0.3m▼ 3.5%€0.3m▼ 3.6%€1.0m▲ 259%€1.1m▲ 10.7%€1.3m▲ 12.6%
Working capital€0.03mwithin the sector's middle half▲ 39.6%€0.03mwithin the sector's middle half▲ 30.9%€0.02mwithin the sector's middle half▼ 38.0%€0.1mabove the sector's middle half▲ 468%€0.002mwithin the sector's middle half▼ 98.0%
Solvency-2.0%below the sector's middle half▲ 3.1pp1.3%below the sector's middle half▲ 3.4pp0.1%below the sector's middle half▼ 1.3pp-1.3%below the sector's middle half▼ 1.4pp-3.6%below the sector's middle half▼ 2.4pp
Current ratio3.47above the sector's middle half▲ 0.684.12above the sector's middle half▲ 0.651.46within the sector's middle half▼ 2.666.31above the sector's middle half▲ 4.841.08within the sector's middle half▼ 5.23
Return on assets (ROA)3.1%within the sector's middle half▲ 9.2pp3.4%within the sector's middle half▲ 0.3pp-0.3%within the sector's middle half▼ 3.7pp-1.4%within the sector's middle half▼ 1.1pp-2.5%below the sector's middle half▼ 1.1pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18,485 in 2025 against €5,151 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.2m ▲ 23.0%
Current assets
€34,325 ▼ 76.4%
Equity and liabilities
Equity-€44,947
Debt€1.3m
Equity is negative: debt (€1.3m) exceeds the balance-sheet total (€1.2m).
Key figures and ratios
Key figures and ratios
EBITDA
€23,662▼
2024 · €24,018
Cash flow
€11,614▼
2024 · €13,829
Interest coverage
1.66▼
2024 · 2.21
Debt ≤ 1 year
€31,864▲
2024 · €23,076
Debt > 1 year
€1.2m▲
2024 · €1.1m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- negative equity
- a small loss
2.0%
went bankrupt
2.8%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,167 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,344 | €9,344 | €15,561 | €29,169 | €42,147 | ▲ 44.5% |
| Other operating charges640/8 | €1,522 | €1,558 | €1,775 | €4,459 | €5,620 | ▲ 26.0% |
| Gross operating margin9900 | €22,955 | €23,906 | €18,245 | €28,478 | €29,282 | ▲ 2.8% |
| Operating profit (loss)9901 | €12,090 | €13,004 | €909 | -€5,151 | -€18,485 | ▼ 259% |
| Financial income75/76B | - | - | €0 | €688 | €2,197 | ▲ 219% |
| Recurring financial income75 | - | - | €0 | €688 | €2,197 | ▲ 219% |
| Financial charges65/66B | €3,108 | €2,966 | €3,868 | €10,877 | €14,246 | ▲ 31.0% |
| Recurring financial charges65 | €3,108 | €2,966 | €3,868 | €10,877 | €14,246 | ▲ 31.0% |
| Profit (loss) for the period before taxes9903 | €8,982 | €10,038 | -€2,959 | -€15,340 | -€30,533 | ▼ 99.0% |
| Income taxes67/77 | - | €233 | - | - | - | - |
| Profit (loss) for the period9904 | €8,982 | €9,805 | -€2,959 | -€15,340 | -€30,533 | ▼ 99.0% |
| Profit (loss) for the period to be appropriated9905 | €8,982 | €9,805 | -€2,959 | -€15,340 | -€30,533 | ▼ 99.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.3m | €0.3m | €1.0m | €1.1m | €1.2m | ▲ 10.0% |
| Formation expenses20 | - | €0 | - | - | - | - |
| Fixed assets21/28 | €0.3m | €0.2m | €1.0m | €1.0m | €1.2m | ▲ 23.0% |
| Tangible fixed assets22/27 | €0.3m | €0.2m | €1.0m | €1.0m | €1.2m | ▲ 22.9% |
| Land and buildings22 | - | €0.2m | €1.0m | €1.0m | €1.2m | ▲ 22.9% |
| Plant, machinery and equipment23 | €0.3m | €0.01m | - | - | - | - |
| Financial fixed assets28 | - | - | - | - | €250 | - |
| Current assets29/58 | €0.04m | €0.05m | €0.07m | €0.1m | €0.03m | ▼ 76.4% |
| Amounts receivable within one year40/41 | - | - | €0.002m | €0.007m | €0.001m | ▼ 80.9% |
| Trade receivables40 | - | - | €0.001m | €0.005m | €0.001m | ▼ 77.2% |
| Other amounts receivable41 | - | - | €0.001m | €0.002m | €129 | ▼ 92.0% |
| Cash at bank and in hand54/58 | €0.04m | €0.05m | €0.07m | €0.1m | €0.03m | ▼ 76.6% |
| Deferred charges and accrued income490/1 | - | - | €396 | - | €486 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.3m | €0.3m | €1.0m | €1.1m | €1.2m | ▲ 10.0% |
| Equity10/15 | -€0.006m | €0.004m | €0.001m | -€0.01m | -€0.04m | ▼ 212% |
| Contributions10/11 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Profit (loss) carried forward14 | -€0.009m | €0.001m | -€0.002m | -€0.02m | -€0.05m | ▼ 175% |
| Amounts payable17/49 | €0.3m | €0.3m | €1.0m | €1.1m | €1.3m | ▲ 12.6% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €1.0m | €1.1m | €1.2m | ▲ 12.1% |
| Financial debts170/4 | €0.2m | €0.2m | €0.4m | €0.4m | €0.6m | ▲ 26.5% |
| Other amounts payable178/9 | €0.07m | €0.07m | €0.6m | €0.7m | €0.7m | ▲ 2.6% |
| Amounts payable within one year42/48 | €0.01m | €0.01m | €0.05m | €0.02m | €0.03m | ▲ 38.1% |
| Current portion of amounts payable after more than one year42 | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | ▲ 2.5% |
| Trade debts44 | - | - | €142 | €0.002m | €0.006m | ▲ 232% |
| Suppliers440/4 | - | - | €142 | €0.002m | €0.006m | ▲ 232% |
| Taxes, remuneration and social security45 | - | €233 | €233 | - | €0.004m | - |
| Taxes450/3 | - | €233 | €233 | - | €0.004m | - |
| Other amounts payable47/48 | - | - | €0.04m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €234 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,982 | €9,805 | -€2,959 | -€15,340 | -€30,533 | ▼ 99.0% |
| + Depreciation and write-downs630 | €9,344 | €9,344 | €15,561 | €29,169 | €42,147 | ▲ 44.5% |
| Operating cash flow (approximation) | €18,326 | €19,148 | €12,603 | €13,829 | €11,614 | ▼ 16.0% |
| Investment in fixed assets (approximation) | - | €0 | -€729,812 | -€46,159 | -€265,872 | ▼ 476% |
| Change in cash | - | €8,601 | €19,946 | €73,135 | -€106,464 | ▼ 246% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector and region
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Immo Jaspar
BE 0635.593.884
Malmedy
KBO Développement
BE 1039.838.218
Malmedy
La Manufacture de Malmedy
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Malmedy
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,326 companies in this sector we hold annual accounts for 5,393. See the whole sector
Timeline
10 eventsLatest 28-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet -€30,533
Net result drops to -€30,533, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 6.31
Current ratio from 1.46 to 6.31; short-term debt falls from €46,440 to €23,076.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €9,805 ▲9.2%
Operating result €13,004, net result €9,805, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €8,982
Net result €8,982 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 19-07-2019Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded19-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
55203Holiday cottages, homes and apartments
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82100Office administrative and support services
82300Organisation of conventions and trade shows
Contact
Website
www.bpro.pro
E-mail
info@bpro.pro
E-invoicing
Reachable via Peppol
Peppol ID
0208:0730897473
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Malmedy · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place St. Géréon 24960 Malmedy1 establishment unit
BPRO
since 2019unit no. 2.292.558.376
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