Equity
€68,537 from €121,276 in 2020
Equity fell by 43% in 5 years.
PRO Development
Lifetime
6 annual accounts with figures on one time axispeak €95,605 (2023)
€13,303▲ €28,554
lowest -€18,773 (2021)
€12,737▲ €30,080
peak €121,276 (2020)
€68,537▲ 22.8%
€280,865▼ 0.1%
Board2 names since 2019
-
Owners
47.24%
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from -€15,251 to €13,303Back to profit: €12,737Equity from €55,800 to €68,537Cash from €5,717 to €2,049
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,272 companies had the same profile as PRO Development has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,272 companies, not a prediction for PRO Development. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director
- 47.24%score equity €48,274 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0738771202
Capital decrease of €65,000 to €62,000
Capital from €127,000 to €62,000 · Resignation: (sole director) · Director discharge: · General meeting of 19-06-2023 · Gazette deed
New managing director
appointed, resigned · General meeting of 28-02-2020 · Gazette deed
First establishment
ProDev, Rue des Vergiers 74, Huy
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PRO Development Huy | €349,402 | €13,303 | 19.6% | - |
| 3A1 Ghent | €331,702 | €16,063 | 56.0% | - |
| J & M BUILDING Pelt | €319,834 | €14,642 | 80.8% | - |
| CLS IMMO Quaregnon | €439,183 | €12,253 | 9.9% | - |
| Dochamps Immo Manhay | €273,970 | €13,136 | 49.1% | - |
| BEVASI INVEST Lebbeke | €367,673 | €12,514 | 33.4% | - |
| de Vries Real Estate Maasmechelen | €320,822 | €15,381 | 7.4% | - |
These companies have the same main activity as PRO Development: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €274,000 and €439,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 05-12-2019Normal situation
- Activity
- Development of residential building projectsNACE 68121and 2 others
- Establishment unit
- 2.297.925.7434500 Huy, since 01-01-2020
- Financial year end
- 30 June
- Peppol
- Reachable since 15-09-2026
Annual accounts to 30-06-2025
- €349,402▲ 3.7%
- Filing
- Filed on 29-01-2026, 2 days before the end of the filing period
Insights on PRO Development
PRO Development files the micro format. That format states no turnover. The gross margin rose from -€1,791 in 2020 to €13,303 in 2025.
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 PRO Development
- What is the company number of PRO Development?
- The company number of PRO Development is 0738.771.202. The VAT number is the same number with BE in front: BE 0738.771.202.
- Where is PRO Development based?
- The registered office is at Rue des Vergiers 74, 4500 Huy.Company details
- What does PRO Development do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of PRO Development?
- PRO Development is a public limited company (NV).
- When was PRO Development founded?
- PRO Development was founded on 05-12-2019.
- Is PRO Development still active?
- Yes, PRO Development is an active enterprise in the KBO register.
- What is the turnover of PRO Development?
- The turnover in financial year 2025 is ≈ €55,000. This figure is estimated from the gross margin of €13,303 and 48 comparable companies (NACE 68121). It probably lies between €27,000 and €170,000. It is a rough estimate.Financials
- Is PRO Development profitable?
- In financial year 2025, PRO Development made a profit of €12,737.
- Where can I find the annual accounts of PRO Development?
- PRO Development filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PRO Development due?
- PRO Development must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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