Prato
ActiveSummary
Prato has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.5m and a net result of -€149,387. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 1547 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-21
Solvency75▲+2
Growth74▲+3
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260,000 at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.98 in 2023; short-term debt: 45.6% and cash: 19.7% of total assets), and 50.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
49.9%
Return on assets
-2.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
43 d early
2022
39 d early
2021
33 d early
2020
32 d early
2019
30 d early
← 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 37 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#8 employer in Hasselt, Telecoms and IT sector
Turnover
€9.8m▲ 25.9%
2023 · €7.8m
EBIT margin
-0.1%▼ 13.0pp
2023 · 12.9%
Net result
-€149,387
2023 · €949,834
Working capital
€638,873
2023 · -€61,557
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€6.3m▲ 9.5%€5.6m▼ 10.9%€6.3m▲ 12.4%€7.8m▲ 22.9%€9.8m▲ 25.9%
Operating result-€457,707▲ 46.8%-€1.0m▼ 127%-€231,112▲ 77.8%€1.0m-€13,653
Net result-€985,714▲ 10.0%-€1.3m▼ 29.7%-€375,530▲ 70.6%€949,834-€149,387
EBIT margin-7.2%▲ 7.7pp-18.4%▼ 11.2pp-3.6%▲ 14.8pp12.9%▲ 16.5pp-0.1%▼ 13.0pp
Equity-€1.2m▼ 534%-€448,619▲ 61.7%€2.7m€3.6m▲ 35.5%€3.5m▼ 4.1%
Total assets€7.5m▼ 1.9%€7.3m▼ 2.1%€7.0m▼ 4.2%€7.5m▲ 7.2%€7.0m▼ 7.5%
Debt€8.7m▲ 10.7%€7.8m▼ 10.2%€4.3m▼ 44.2%€3.9m▼ 10.2%€3.5m▼ 10.7%
Working capital€749,126▲ 50.1%€176,777▼ 76.4%€535,637▲ 203%-€61,557€638,873
Staff (FTE)61.3▼ 11.4%58.5▼ 4.6%52.4▼ 10.4%48.7▼ 7.1%66.8▲ 37.2%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13,653 after €1.0m in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.0m
Fixed assets
€3.1m ▼ 30.5%
Current assets
€3.8m ▲ 27.3%
Equity and liabilities €7.0m
Equity
€3.5m ▼ 4.1%
Provisions
€698 =
Debt
€3.5m ▼ 10.7%
Debt's share of the balance-sheet total falls from 51.8% to 50.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.3m▼
2023 · €2.4m
Cash flow
€1.2m▼
2023 · €2.3m
Current ratio
1.20▲
2023 · 0.98
Debt to equity
1.00▼
2023 · 1.08
ROE
-4.3%▼
2023 · 26.2%
ROA
-2.1%▼
2023 · 12.6%
Interest coverage
7.15▼
2023 · 16.07
Debt ≤ 1 year
€3.2m▲
2023 · €3.1m
Debt > 1 year
€273,936▼
2023 · €820,000
Income taxes
-€28,113▲
2023 · -€33,374
Staff costs
€6.0m▲
2023 · €4.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €7.8m | €8.0m | €9.6m | €11.5m | ▲ 19.6% |
| Turnover70 | €6.3m | €5.6m | €6.3m | €7.8m | €9.8m | ▲ 25.9% |
| Own construction capitalised72 | - | €1.4m | €1.1m | €1.2m | €1.2m | ▼ 3.0% |
| Other operating income74 | - | €699,547 | €553,174 | €597,719 | €359,781 | ▼ 39.8% |
| Non-recurring operating income76A | - | €1,673 | €10,294 | €455 | €145,214 | ▲ 31,828% |
| Operating charges60/66A | - | €8.8m | €8.3m | €8.6m | €11.5m | ▲ 33.8% |
| Goods for resale, raw materials and consumables60 | - | €1.1m | €730,545 | €604,243 | €679,346 | ▲ 12.4% |
| Purchases600/8 | - | €1.1m | €730,545 | €604,243 | €679,346 | ▲ 12.4% |
| Services and other goods61 | - | €2.3m | €2.1m | €2.3m | €2.9m | ▲ 23.2% |
| Remuneration, social security and pensions62 | - | €4.2m | €4.0m | €4.2m | €6.0m | ▲ 40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.1m | €1.2m | €1.4m | €1.4m | €1.4m | ▼ 1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€241 | €1,504 | €50,141 | -€7,917 | ▼ 116% |
| Other operating charges640/8 | - | €2,451 | €2,431 | €1,299 | €13,788 | ▲ 962% |
| Non-recurring operating charges66A | - | €31 | €20,105 | €249 | €637,506 | ▲ 255,793% |
| Operating profit (loss)9901 | -€457,707 | -€1.0m | -€231,112 | €1.0m | -€13,653 | ▼ 101% |
| Financial income75/76B | - | €84,458 | €318,375 | €92,386 | €71,712 | ▼ 22.4% |
| Recurring financial income75 | €89,248 | €84,458 | €96,350 | €92,386 | €71,712 | ▼ 22.4% |
| Income from financial fixed assets750 | - | €38,254 | €37,196 | €39,427 | €64,945 | ▲ 64.7% |
| Income from current assets751 | - | €44,891 | €59,148 | €52,237 | €6,151 | ▼ 88.2% |
| Other financial income752/9 | - | €1,313 | €7 | €722 | €616 | ▼ 14.8% |
| Non-recurring financial income76B | - | - | €222,025 | - | - | - |
| Financial charges65/66B | - | €313,474 | €440,289 | €180,036 | €235,559 | ▲ 30.8% |
| Recurring financial charges65 | €279,250 | €313,474 | €208,277 | €180,036 | €235,559 | ▲ 30.8% |
| Debt charges650 | €225,721 | €261,825 | €160,804 | €148,811 | €188,722 | ▲ 26.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | €2,731 | €8,268 | €4,326 | €27,217 | ▲ 529% |
| Other financial charges652/9 | - | €48,918 | €39,204 | €26,899 | €19,620 | ▼ 27.1% |
| Non-recurring financial charges66B | - | - | €232,012 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€975,736 | -€1.3m | -€353,026 | €916,460 | -€177,500 | ▼ 119% |
| Income taxes67/77 | €9,978 | €10,313 | €22,504 | -€33,374 | -€28,113 | ▲ 15.8% |
| Taxes670/3 | - | €10,313 | €48,448 | - | €29,374 | - |
| Tax adjustments and reversals of tax provisions77 | - | €0 | €25,944 | €33,374 | €57,486 | ▲ 72.3% |
| Profit (loss) for the period9904 | -€985,714 | -€1.3m | -€375,530 | €949,834 | -€149,387 | ▼ 116% |
| Profit (loss) for the period to be appropriated9905 | -€985,714 | -€1.3m | -€375,530 | €949,834 | -€149,387 | ▼ 116% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.5m | €7.3m | €7.0m | €7.5m | €7.0m | ▼ 7.5% |
| Fixed assets21/28 | €3.8m | €4.2m | €3.9m | €4.5m | €3.1m | ▼ 30.5% |
| Intangible fixed assets21 | €3.3m | €3.5m | €3.3m | €3.2m | €3.1m | ▼ 4.1% |
| Tangible fixed assets22/27 | €63,134 | €59,528 | €53,932 | €58,019 | €60,015 | ▲ 3.4% |
| Furniture and vehicles24 | - | €59,528 | €53,932 | €58,019 | €60,015 | ▲ 3.4% |
| Financial fixed assets28 | €399,536 | €623,706 | €457,573 | €1.3m | - | - |
| Affiliated companies280/1 | - | €623,256 | €457,123 | €1.3m | - | - |
| Participating interests280 | - | €203,329 | - | - | - | - |
| Amounts receivable281 | - | €419,927 | €457,123 | €1.3m | - | - |
| Other financial fixed assets284/8 | - | €450 | €450 | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €450 | €450 | - | - | - |
| Current assets29/58 | €3.7m | €3.1m | €3.2m | €3.0m | €3.8m | ▲ 27.3% |
| Amounts receivable after more than one year29 | - | - | €25,819 | €59,192 | €87,305 | ▲ 47.5% |
| Other amounts receivable291 | - | - | €25,819 | €59,192 | €87,305 | ▲ 47.5% |
| Amounts receivable within one year40/41 | €3.3m | €2.9m | €2.8m | €2.4m | €2.2m | ▼ 8.8% |
| Trade receivables40 | - | €2.0m | €1.9m | €2.3m | €2.2m | ▼ 3.2% |
| Other amounts receivable41 | - | €888,839 | €940,933 | €141,513 | €975 | ▼ 99.3% |
| Cash at bank and in hand54/58 | €241,341 | €48,336 | €137,254 | €375,890 | €1.4m | ▲ 265% |
| Deferred charges and accrued income490/1 | - | €172,856 | €196,266 | €156,499 | €161,692 | ▲ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.5m | €7.3m | €7.0m | €7.5m | €7.0m | ▼ 7.5% |
| Equity10/15 | -€1.2m | -€448,619 | €2.7m | €3.6m | €3.5m | ▼ 4.1% |
| Contributions10/11 | €62,000 | €2.1m | €5.6m | €5.6m | €5.6m | = |
| Capital10 | - | €2.1m | €5.6m | €5.6m | €5.6m | = |
| Issued capital100 | - | €2.1m | €5.6m | €5.6m | €5.6m | = |
| Outside capital11 | - | €6,199 | €6,199 | €6,199 | €6,199 | = |
| Share premium1100/10 | - | €6,199 | €6,199 | €6,199 | €6,199 | = |
| Reserves13 | €381,200 | €381,200 | €381,200 | €381,200 | €381,200 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | €375,000 | €375,000 | €375,000 | €375,000 | = |
| Profit (loss) carried forward14 | -€1.6m | -€2.9m | -€3.3m | -€2.3m | -€2.5m | ▼ 6.4% |
| Provisions and deferred taxes16 | €698 | €698 | €698 | €698 | €698 | = |
| Provisions for liabilities and charges160/5 | - | €698 | €698 | €698 | €698 | = |
| Other liabilities and charges164/5 | - | €698 | €698 | €698 | €698 | = |
| Amounts payable17/49 | €8.7m | €7.8m | €4.3m | €3.9m | €3.5m | ▼ 10.7% |
| Amounts payable after more than one year17 | €5.6m | €4.8m | €1.6m | €820,000 | €273,936 | ▼ 66.6% |
| Financial debts170/4 | - | €2.5m | €1.6m | €820,000 | - | - |
| Credit institutions173 | - | €2.5m | €1.6m | €820,000 | - | - |
| Other amounts payable178/9 | - | €2.3m | - | - | €273,936 | - |
| Amounts payable within one year42/48 | €3.0m | €2.9m | €2.6m | €3.1m | €3.2m | ▲ 3.8% |
| Current portion of amounts payable after more than one year42 | - | €860,944 | €847,702 | €820,000 | €820,000 | = |
| Financial debts43 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Credit institutions430/8 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Trade debts44 | €892,079 | €1.1m | €712,856 | €734,755 | €707,558 | ▼ 3.7% |
| Suppliers440/4 | - | €1.1m | €712,856 | €734,755 | €707,558 | ▼ 3.7% |
| Taxes, remuneration and social security45 | - | €890,923 | €964,458 | €1.0m | €1.5m | ▲ 49.2% |
| Taxes450/3 | - | €207,727 | €272,167 | €332,939 | €512,445 | ▲ 53.9% |
| Remuneration and social security454/9 | - | €683,196 | €692,291 | €703,992 | €1.0m | ▲ 47.0% |
| Other amounts payable47/48 | - | - | - | €366,166 | - | - |
| Accrued charges and deferred income492/3 | - | €45,628 | €78,754 | €24,101 | €36,298 | ▲ 50.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€985,714 | -€1.3m | -€375,530 | €949,834 | -€149,387 | ▼ 116% |
| + Depreciation and write-downs630 | €1.1m | €1.2m | €1.4m | €1.4m | €1.4m | ▼ 1.7% |
| Operating cash flow (approximation) | €126,170 | -€49,593 | €978,117 | €2.3m | €1.2m | ▼ 48.1% |
| Investment in fixed assets (approximation) | - | -€1.7m | -€989,139 | -€2.1m | €20,749 | ▲ 101% |
| Change in cash | - | -€193,005 | €88,918 | €238,636 | €996,270 | ▲ 317% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €949,834
Net result €949,834 after 5 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2mEq €2.7m
Equity rises from -€448,619 to €2.7m.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet -€1.3m
Net result drops to -€1.3m, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 29 acts read
About the unread acts
We know of 29 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
29 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1999
Ground area
2.4 ha
Building footprint
454 m²
Volume, LiDAR
2,055 m³
Parcel 71028A0171/00F002, Flanders · tallest building 16.2 m, ±1 floor. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
Prato
since 19992.073.394.596
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028A0171/00F002 | Flanders | 2.4 ha | 1 · 454 m² | 16.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 10,958 EUR awarded · 10,643 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,072 EUR | 861 EUR |
| 2024 | 2 | 3,897 EUR | 3,878 EUR |
| 2023 | 2 | 1,491 EUR | 1,406 EUR |
| 2022 | 3 | 4,498 EUR | 4,498 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
54930067FMPZ1MQCD253
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 1,750 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-04-1995
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.