PRO 1 GOLF
ActiveSummary
PRO 1 GOLF has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €136k and a net result of €17k. Equity is growing by ~48.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 2542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2022
Profitability75▼-1
Solvency67▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.37 in 2022; short-term debt: 54.4% and cash: 7.2% of total assets), but 58.4% of the assets are financed with debt.
Credit check for your own amount and term
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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2022
133 d late
2020
157 d late
2019
125 d late
2018
112 d late
2017
175 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€136k▲ 20.1%
2022 · €113k
Total assets
€326k▼ 22.2%
2022 · €419k
Net result
€17k▼ 31.7%
2022 · €25k
Working capital
€146k▲ 43.9%
2022 · €101k
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
Line20182019202020222024
Operating result€23k-€11k▼ 51.3%€84k▲ 659%€38k-€26k-
Net result€13k-€5k▼ 62.6%€60k▲ 1,130%€25k-€17k-
Equity€-7k-€-3k▲ 65.4%€57k€113k-€136k-
Total assets€221k-€181k▼ 18.0%€243k▲ 34.1%€419k-€326k-
Debt€229k-€184k▼ 19.6%€186k▲ 1.1%€306k-€190k-
Working capital€81k-€12k▼ 84.8%€63k▲ 410%€101k-€146k-
Staff (FTE)0.1-1-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €26k in 2024, compared with €38k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €326k
Fixed assets
€3k ▼ 93.4%
Current assets
€323k ▼ 14.8%
Equity and liabilities €326k
Equity
€136k ▲ 20.1%
Debt
€190k ▼ 37.8%
Debt's share of the balance-sheet total falls from 73.0% to 58.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▼
2022 · €50k
Cash flow
€19k▼
2022 · €38k
Current ratio
1.82▲
2022 · 1.37
Debt to equity
1.40▼
2022 · 2.71
ROE
12.8%▼
2022 · 22.5%
ROA
5.3%▼
2022 · 6.1%
Interest coverage
9.62▼
2022 · 13.53
Debt ≤ 1 year
€177k▼
2022 · €278k
Income taxes
€6k▼
2022 · €9k
Staff costs
€50k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €50k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €4k | €13k | €1k | - |
| Other operating charges640/8 | - | - | - | €496 | €457 | - |
| Gross operating margin9900 | €26k | €17k | €88k | €51k | €78k | - |
| Operating profit (loss)9901 | €23k | €11k | €84k | €38k | €26k | - |
| Financial income75/76B | - | - | - | - | €2 | - |
| Recurring financial income75 | €10 | €0 | €0 | - | €2 | - |
| Financial charges65/66B | - | - | - | €4k | €3k | - |
| Recurring financial charges65 | €5k | €4k | €8k | €4k | €3k | - |
| Profit (loss) for the period before taxes9903 | €18k | €7k | €81k | €34k | €24k | - |
| Income taxes67/77 | €5k | €2k | €21k | €9k | €6k | - |
| Profit (loss) for the period9904 | €13k | €5k | €60k | €25k | €17k | - |
| Profit (loss) for the period to be appropriated9905 | €13k | €5k | €60k | €25k | €17k | - |
| Line | 2018 | 2019 | 2020 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €221k | €181k | €243k | €419k | €326k | - |
| Fixed assets21/28 | €2k | €4k | €6k | €39k | €3k | - |
| Intangible fixed assets21 | €2k | €4k | €6k | €225 | - | - |
| Tangible fixed assets22/27 | - | - | - | €39k | €3k | - |
| Plant, machinery and equipment23 | - | - | - | €2k | €768 | - |
| Furniture and vehicles24 | - | - | - | €934 | €2k | - |
| Leasing and similar rights25 | - | - | - | €36k | - | - |
| Current assets29/58 | €219k | €178k | €237k | €379k | €323k | - |
| Amounts receivable within one year40/41 | €192k | €176k | €225k | €368k | €299k | - |
| Trade receivables40 | - | - | - | €309k | €257k | - |
| Other amounts receivable41 | - | - | - | €59k | €43k | - |
| Cash at bank and in hand54/58 | €23k | €2k | €12k | €11k | €23k | - |
| Deferred charges and accrued income490/1 | - | - | - | €856 | €310 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €221k | €181k | €243k | €419k | €326k | - |
| Equity10/15 | €-7k | €-3k | €57k | €113k | €136k | - |
| Contributions10/11 | €63k | €63k | €63k | €63k | €63k | - |
| Capital10 | - | - | - | €63k | €63k | - |
| Issued capital100 | - | - | - | €63k | €63k | - |
| Reserves13 | €6k | €6k | €6k | €46k | €46k | - |
| Non-distributable reserves130/1 | - | - | - | €6k | €6k | - |
| Legal reserve130 | - | - | - | €6k | €6k | - |
| Distributable reserves133 | - | - | - | €40k | €40k | - |
| Profit (loss) carried forward14 | €-77k | €-72k | €-12k | €4k | €26k | - |
| Amounts payable17/49 | €229k | €184k | €186k | €306k | €190k | - |
| Amounts payable after more than one year17 | €22k | €13k | €8k | €22k | - | - |
| Financial debts170/4 | - | - | - | €22k | - | - |
| Amounts payable within one year42/48 | €138k | €165k | €174k | €278k | €177k | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €7k | - | - |
| Financial debts43 | - | - | - | €3k | €633 | - |
| Credit institutions430/8 | - | - | - | €3k | €633 | - |
| Trade debts44 | €38k | €78k | €68k | €88k | €88k | - |
| Suppliers440/4 | - | - | - | €88k | €88k | - |
| Advances received on contracts in progress46 | - | - | - | €90k | €23k | - |
| Taxes, remuneration and social security45 | - | - | - | €63k | €52k | - |
| Taxes450/3 | - | - | - | €56k | €33k | - |
| Remuneration and social security454/9 | - | - | - | €8k | €19k | - |
| Other amounts payable47/48 | - | - | - | €27k | €13k | - |
| Accrued charges and deferred income492/3 | - | - | - | €6k | €13k | - |
| Line | 2018 | 2019 | 2020 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €5k | €60k | €25k | €17k | - |
| + Depreciation and write-downs630 | €1k | €2k | €4k | €13k | €1k | - |
| Operating cash flow (approximation) | €14k | €7k | €64k | €38k | €19k | - |
| Investment in fixed assets (approximation) | - | €-4k | €-6k | - | - | - |
| Change in cash | - | €-21k | €10k | - | - | - |
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 133 days late
2022
31-12
Financial
Equity above €100kEq €113k ▲97.3%
4 profitable years in a row build equity to €113k.
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 157 days late
2020
31-12
Financial
Highest result since 2018net €60k ▲1,130%
Operating result €84k, net result €60k, both a record.
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 125 days late
2019
31-12
Financial
Weakest financial yearnet €5k ▼62.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 112 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 175 days late
2018
14-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 226 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
28-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 333 days late
2014
30-11
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2002
Ground area
378 m²
Building footprint
208 m²
Parcel 25384C0102/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
PRO 1 GOLF
since 20022.094.719.849
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25384C0102/00C000 | Wallonia | 378 m² | 1 · 208 m² | - |
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.
Similar companies · same sector, comparable size
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Tomson Sport
BE 0756.904.856
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SANO Projects
BE 0684.620.357
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OKTRAINING COACHING
BE 0693.923.350
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R.D. Sport and Management
BE 0711.694.542
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Of 13,502 companies in sector 85510 we hold annual accounts for 720. 469 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
Founded08-02-2002
Fiscal year end31-12
Activities, NACEBEL 2025
85510Sports and recreation education
93110Operation of sports facilities
Scores and ratios are computed by Checked and are not a credit decision.