Equity
-€1.0m
Debts exceed assets in financial year 2025.
PROEQUIP
Lifetime
15 annual accounts with figures on one time axispeak €1.4m (2024)
-€656,176▼ €2.1m
lowest -€2.8m (2025)
-€2.8m▼ €2.8m
peak €1.8m (2024)
-€1.0m▼ €2.8m
€8.3m▲ 55.9%
peak 25 FTE (2025)
25 FTE▲ 40.4%
Board8 names since 2021
4 directorsALL 4 UP and 3 others
Owners
100%ALL 4 UP
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Gross margin from €1.4m to -€656,176Loss of €2.8mStaff from 17.8 FTE to 25 FTECompany renamed from ECO MULTI PRODUCTS to PROEQUIP 31-01Equity from €1.8m to -€1.0mDebts from €5.3m to €8.3m
Key points
from the 2025 annual accountsResult
-€2.8m -€2.8m
From profit to loss in 2025, after a profit of €2,373 in 2024.
Debts
€8.3m 114% of the balance sheet
Financial debts 50%Suppliers 41%Taxes and wages 3%Other 5%
Of this, €6.6m falls due within a year.
Staff
26 employees on 31-12-2025
In 2025, 15 people joined and 9 left.
Board
4 joined · 1 left
Board changed. Latest change 08-04-2026 · 3 in office.
Position in the sector
-€2.8m
Lower net result than 95% of companies in wholesale trade. Sector median €26,717 · 9,877 companies.
Checked score
34
Weak
Financially stronger than 2% of small companies in wholesale trade (NACE 46)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.9%▲ +0.2 percentage points vs 03-2025
05-2025: 1.1%▲ +0.2 percentage points vs 04-2025
06-2025: 1.2%▲ +0.1 percentage points vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025
08-2025: 2.1%▲ +0.7 percentage points vs 07-2025
09-2025: 2.7%▲ +0.6 percentage points vs 08-2025
10-2025: 1.1%▼ -1.6 percentage points vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.3%▲ +0.2 percentage points vs 03-2026
05-2026: 1.5%▲ +0.2 percentage points vs 04-2026
06-2026: 0.7%▼ -0.8 percentage points vs 05-2026lowest value
07-2026: 0.8%▲ +0.1 percentage points vs 06-2026
08-2026: 5.1%▲ +4.3 percentage points vs 07-2026highest value
09-2026: 5.1%● unchanged vs 08-2026highest value
10-2026: 5.1%● unchanged vs 09-2026highest value
11-2026: 5.1%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€1.0m
Loss of €2.8m (financial year 2025)
Liquidity: current ratio 0.61, cash €187,225
Size: 25 FTE, total assets €7.3m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 3% of them on solvency, 4% on liquidity, 1% on profitability and 1% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 598 companies had the same profile as PROEQUIP has now. Each dot stands for 2 companies, two years later.
83.1%
were still trading
6.0%
stopped another way
9.4%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROEQUIP itself: 5.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 598 companies, not a prediction for PROEQUIP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.61 (1.06 in 2024), below 1. Short-term debt is 90.6% and cash 2.6% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.0m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 days early
2024
29 days late
2023
26 days late
2022
on the day
2021
19 days early
2020
33 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Appointment: FOUR SEASONS UNITED SRL (director general)
Permanent representative: Thomas Capitani · Board meeting of 04-03-2026 · Gazette deed
3 directors appointed, 1 resignation
Resignation: ALL 4 UP · Permanent representatives: Geoffrey Verheecke, Thomas Capitani, Karl Abelshausen and Luc Bresseleers · Appointments: Gert Bresseleers, Spaceman Spiff Consult BV and BGCOS BV · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROEQUIP Anderlecht | - | - | -13.8% | 25 |
| Hg3 Liège | €16.1m | 3.2% | 28.9% | 27 |
| Ecover BELGIUM Malle | €24.5m | 3.9% | 57.1% | 11.5 |
| PATRIMOHOST BEHEER Waregem | €0.9m | 35.3% | 71.6% | 7.5 |
| HG BELGIUM Ghent | €13.4m | 6.0% | 64.6% | 11.2 |
| OQEMA Pelt | €27.6m | -2.1% | 17.4% | 45.7 |
| WORLDTRADING EUROPE Evergem | €38.6m | 12.7% | 69.1% | 11.4 |
These companies have the same main activity as PROEQUIP: wholesale trade (NACE 46442). They are comparable in size and age: total assets between €5.8m and €23m, founded between 1999 and 2015.
Official details
Source: KBO- Status
- Active since 04-05-2010Normal situation
- Activity
- Wholesale tradeNACE 46442
- Joint committees
- 116Chemical industry
- 207White-collar workers in the chemical industry · annual accounts 2023
- Establishment units
- 2.270.196.0174040 Herstal, since 14-11-2017
- 2.345.930.1526041 Charleroi, since 26-06-2023and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2024
Annual accounts 2025
- €7.3m▲ 2.4%
- Employeeson 31-12-2025
- 26▲ 30.0%
- Filing
- Filed on 17-07-2026, 14 days before the end of the filing period
Insights on PROEQUIP
PROEQUIP files the abbreviated format. That format states no turnover. The gross margin fell from €249,790 in 2011 to -€656,176 in 2025.
ALL 4 UP holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PROEQUIP
- What is the company number of PROEQUIP?
- The company number of PROEQUIP is 0825.596.395. The VAT number is the same number with BE in front: BE 0825.596.395.
- Where is PROEQUIP based?
- The registered office is at Ontwikkelingsstraat 56, 1070 Anderlecht.Company details
- What does PROEQUIP do?
- According to the KBO register, the main activity is wholesale trade (NACE 46442).
- What is the legal form of PROEQUIP?
- PROEQUIP is a private limited company (BV).
- When was PROEQUIP founded?
- PROEQUIP was founded on 04-05-2010.
- Is PROEQUIP still active?
- Yes, PROEQUIP is an active enterprise in the KBO register.
- How many employees does PROEQUIP have?
- PROEQUIP had an average of 25 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PROEQUIP fall under?
- In its 2023 annual accounts, PROEQUIP states joint committees 116 (Chemical industry) and 207 (White-collar workers in the chemical industry).
- What is the turnover of PROEQUIP?
- The annual accounts for financial year 2025 state no turnover.
- Is PROEQUIP profitable?
- In financial year 2025, PROEQUIP made a loss of €2.8m.
- Where can I find the annual accounts of PROEQUIP?
- PROEQUIP filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROEQUIP due?
- PROEQUIP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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