Skip to content

PRO Development

Active Public limited companyfounded 2019active for 6 yearsRue des Vergiers 74, 4500 HuyKBO/BCE: BE 0738.771.202
PRO Development
Follow ReportCompare

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €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 accounts

Equity

€68,537 from €121,276 in 2020

Equity fell by 43% in 5 years.

Turnover

≈ €55,000 estimated

The micro format states no turnover.

Debts

€280,865 80% of the balance sheet
Financial debts 82%Suppliers 1%Taxes and wages 2%Other 15%

Checked 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
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

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.

The companies in ten equal groups, from the lowest to the highest expected share
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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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
Board & ownership

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
All 15 events

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
Company details

Annual accounts to 30-06-2025

€13,303
€12,737
€68,537▲ 22.8%
€349,402▲ 3.7%
Filing
Filed on 29-01-2026, 2 days before the end of the filing period
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 29-01-2026, 2 days before the deadline
€13,303
▲ €28,554
€11,137
▲ €29,138
€12,737
▲ €30,080
€68,537
▲ 23.2%
19.6%
▲ 3.1 percentage points
1.24
▲ 0.05

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €55,000. Estimated: probably between €27,000 and €170,000.

Balance sheet

balance sheet total €349,402 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

19.6%

Higher than 40% of 19,803 companies in 2025.

1.24

Higher than 53% of 18,977 companies in 2025.

3.6%

Higher than 61% of 19,446 companies in 2025.

PRO Development Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 349,402336,976180,650452,0391.7m651,031
21/28 -177707---
22/27 -177707---
24 -177707---
29/58 349,402336,799179,943452,0391.7m651,031
3 12,00012,000-304,3561.7m623,365
30/36 12,00012,000-304,3561.7m623,365
40/41 335,353319,083119,45835,22017,6861,886
40 -7181,570718--
41 335,353318,365117,88734,50217,6861,886
54/58 2,0495,71760,485112,46327,80825,779
Balance sheet: equity and liabilities
10/49 349,402336,976180,650452,0391.7m651,031
10/15 68,53755,80073,143105,044102,502121,276
10/11 62,00062,00062,000127,000127,000127,000
10 62,00062,00062,000127,000--
100 62,00062,00062,000127,000127,000127,000
14 6,537-6,20011,143-21,956-24,498-5,724
17/49 280,865281,176107,507346,9951.6m529,755
42/48 280,865281,176107,507346,9951.6m529,755
43 230,000230,000-82,4121.3m311,289
430/8 230,000230,000-82,4121.3m311,289
44 2,8582,66123,64630,818299,330198,466
440/4 2,8582,66123,64630,818299,330198,466
45 6,9196,91918,86113,036--
450/3 6,9196,91918,86113,036--
47/48 41,08841,59665,000220,72820,00020,000
Income statement
9900 13,303-15,25195,6054,100-166-1,791
630 177530353---
640/8 1,9902,220441,017786-
9901 11,137-18,00195,2073,084-952-1,791
75/76B 11,8021,530-49--
75 11,8021,530-49--
65/66B 10,20287257,46959217,8223,933
65 10,20287257,46959217,8223,933
9903 12,737-17,34337,7382,541-18,773-5,724
67/77 --4,639---
9904 12,737-17,34333,0992,541-18,773-5,724
9905 12,737-17,34333,0992,541-18,773-5,724
Appropriation of the result
9906 6,537-6,20011,143-21,956-24,498-5,724
14P -6,20011,143-21,956-24,498--
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 29-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 29-01-2026 2026-00018118 PDF
30-06-2024 micro format 30-01-2025 2025-00015593 PDF
30-06-2023 micro format 28-01-2024 2024-00008379 PDF
30-06-2022 micro format 31-01-2023 2023-00011960 PDF
30-06-2021 micro format 28-01-2022 2022-02300538 PDF
30-06-2020 micro format 02-02-2021 2021-03900244 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
11,314-17,47195,561---
12,914-16,81333,453---
001,060---
-3,668-54,769-51,97884,6552,028-
68,53755,62372,436105,044102,502121,276
19.6%16.6%40.5%23.2%6.0%18.6%
1.241.201.671.301.061.23
1.201.161.670.430.030.05
4.105.041.473.3015.604.37
18.6%-31.1%45.3%2.4%-18.3%-4.7%
3.6%-5.1%18.3%0.6%-1.1%-0.9%
1.11-20.031.66---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item30-06-202530-06-202430-06-202330-06-2022
Mortgages, amount registered-€33,000--
-€220,000--
Carrying value of the mortgaged assets-€12,000--

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets--€1,060-
€177€530€353-

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on PRO Development

The operating result for 2025 is a profit of €11,137, after a loss of €18,001 in 2024.

Debt's share of the balance-sheet total falls from 83.4% to 80.4%. Equity is higher and debt is lower.

Board & ownership

Board

1 office holder, no change since 2020
Managing director
appointed by deed of 23-03-2020

Office holders in the KBO →

Mandates through the years

2 names

Managing director

Managing director
Earliermandate already running before its first mentionend not dated
Mandates as a list
    • Managing director, appointed by deed of 23-03-2020, last mentioned in 2020
    • Sole director, appointed by deed of 09-12-2019, until 28-02-2020
    • Managing director, until 01-03-2020

See the board, name and registered office on a given date →

Control

Shareholder
Equity €48,274
Profit €34,370 in 2025 (profit €7,158 in 2024)
Checked score
Source: accounts 2025
47.24%
This company
PRO Development
Equity €68,537
Profit €12,737 in 2025

Capital

Capital
€62,000
Shares
381,000 in the deed of 09-12-2019
Source
deed of 17-07-2023

Owners through the years

as the annual accounts name them
47.24%
47.24%
Owners as a list
    • 2024 to 2025: 47.24%

Source: lists of holdings in the owners' accounts

Articles of association

deed of 09-12-2019 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Toutes opérations prévues par loi sauf décision contraire assemblée générale à majorité des voix”

Capital transactions

Shareholders according to the deeds
At incorporation deed of 09-12-2019 ↗
  • 120,000 shares (31.5%)
  • 90,000 shares (23.6%)
  • 30,000 shares (7.9%)
  • 30,000 shares (7.9%)
  • 111,000 shares (29.1%)
Capital over time
  1. 17-07-2023 Capital reduction of €65,000 · to €62,000 · repaid to the shareholders
  2. 09-12-2019 Incorporation · €127,000 · 381,000 shares

Network & group

No group

PRO Development has no parent and no holdings in its annual accounts.

At the same address

Rue des Vergiers 74, 4500 Huy · 4 other companies
iNtraGuillemins
registered office since 28-06-2023 · founded in 2023
 total assets €2.7m (2025)
0803.260.067
SERVICE D'ORIENTATION DES FAMILLES ET DE THERAPIE
registered office since 14-05-2001 · founded in 2001
 turnover €533,087 (2025)
0475.113.621
iZen Concept
registered office since 28-01-2020 · founded in 2020
 total assets €150,050 (2025)
0742.574.788
Constant, Lionel (sole trader)
establishment since 01-10-2004
 founded in 2004
0818.477.981

Earlier ties

via , at PRO Development until 2020 · Director (not named in the articles) · deed of 16-03-2020
founded in 2020
 total assets €314,153 (2025)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

15 events since 2019

Deadline for the 2026 accounts: 31-01-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0738771202
Annual accounts 2025 filed PDFmicro format · 2 days before the deadline
2025
Back to profit net €12,737 The net result is €12,737, after one loss-making year.
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 3 days before the deadline
2023
Capital decrease of €65,000 to €62,000Capital from €127,000 to €62,000 · Resignation: (sole director) · Director discharge: · General meeting of 19-06-20237 points ▸
  • General meeting, 19-06-2023
  • Incorporation, 03-12-2019
  • Capital decrease, €65,000
  • Capital, €62,000
  • Amendment of the articles, article 5
  • Director resignation, (sole director)
  • Director discharge,
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Highest result from 2020 to 2025 net €33,099 ▲1,202% The operating result of €95,207 and the net result of €33,099 are both a record.
Annual accounts 2022 filed PDFmicro format · on the deadline day
2022
Back to profit net €2,541 The net result is €2,541, after 2 loss-making years.
Annual accounts 2021 filed PDFmicro format · 3 days before the deadline
2021
Weakest financial year net -€18,773 The net result drops to -€18,773, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 2 days late
2020
New managing director appointed, resigned · General meeting of 28-02-20203 points ▸
  • General meeting, 28-02-2020
  • Director appointment, (managing director)
  • Director resignation, (managing director)

Open the deed in the Belgian Official Gazette

First establishment ProDev, Rue des Vergiers 74, Huy
2019
IncorporationFounding capital of €127,000, 381,000 shares, €119,500 paid up · Founders: and · Appointment: (sole director) · published on 09-12-201912 points ▸
  • Founding capital, €127,000, 381,000 shares
  • holds 120,000 shares
  • holds 90,000 shares
  • holds 30,000 shares
  • holds 30,000 shares
  • holds 111,000 shares
  • Capital, €127,000, 381,000 shares
  • Kind of shares, 210,000, 171,000
  • Founder,
  • Founder,
  • Registered office clause, Rue des Vergiers 74, 4500 Huy
  • Director appointment, (sole director)
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

PRO Development was incorporated on 5 December 2019 as a public limited company by five natural persons, with a starting capital of €127,000.12 Total assets fell from €651,031 in 2020 to €349,402 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-12-2019
  3. 3National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0738.771.202
VAT number
BE 0738.771.202
Peppol ID
0208:0738771202
Other Peppol ID
9925:BE0738771202
Legal form
Public limited company
Status
Active, normal situation
Founded
05-12-2019
Financial year
ends on 30 June
Peppol
Reachable since 15-09-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
PRO Development in French
Abbreviation
ProDev in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-12-2019 (in French)
Name clauseThe company operates under this name according to its articles.
Pro Development
deed of 09-12-2019 (in French)

Activities

NACEBEL 2025
68121 Development of residential building projects main activity
68122 Development of non-residential building projects
68201 Renting and operating of own or leased residential real estate, excluding social housing
Codes under NACEBEL 2008
41101 Real estate development main activity
41102 Construction of residential and non-residential buildings
PurposeThe purpose describes the activities the company may carry out under its articles.
“La promotion immobiliere,a celle de marchand de biens immobiliers,a la location de biens immobiliers,l’administration de biens immobiliers…”
9 activities
  1. La promotion immobiliere,a celle de marchand de biens immobiliers,a la location de biens immobiliers,l’administration de biens immobiliers et de tout commerce de detail
  2. Au développement et a l’exploitation de centres d’affaires et de services aux entreprises,notamment par la mise a disposition de bureaux equipes - infrastructures et équipements avec services d’accueil,secretariat et maintenance ou toute autre prestation qui completerait cette offre,la prestation de services mutualises,le developpement de clubs d’affaires,la mise a disposition de bureaux virtuels et adresses commerciales,la domiciliation de societes,la mise a disposition d’une assistance personnalisee de type conciergerie a destination des entreprises,la prestation de services administratifs tels le secretariat ou la traduction,et la prestations de services dans les domaines de la formation ou de l’organisation de conferences,receptions et rencontres,ou toute autre prestation B2B
  3. A l'acquisition,l'exploitation,la gestion,la vente,la concession du droit d'exploiter ou la location-gerance,de fonds de commerce et activites commerciales
  4. A la constitution et le developpement de structures,quelle qu'en soit la forme,par voie d'apports,prets ou investissements generalement quelconques,et a la gestion,l'administration et la detention de participations de societes belges ou etrangeres en vue d'en controler ou non les decisions via le droit de vote lie aux actions ou parts,ainsi qu’a toutes operations concernant ces actions ou part
  5. A la constitution et a la gestion d'un patrimoine mobilier et/ou immobilier et a la location financement de biens meubles et/ou immeubles aux tiers,notamment par l'acquisition par l'achat,la souscription ou autrement,la vente,l'echange,d'actions,d'obligations,de bons de caisse et d'autres valeurs mobilieres generalement quelconques emises en Belgique ou a l'etranger,et l'acquisition par l'achat,l'echange,la construction ou autrement,la vente,la transformation,l'amelioration,l'equipement,l'amenagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immeubles,ainsi que toutes operations qui,directement ou indirectement sont en relation avec cet objet et qui sont de nature a favoriser l'accroissement et le rapport d'un patrimoine mobilier et/ou immobilier,de meme que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens meubles et/ou immeubles
  6. A toutes prestations de services sous forme d'etudes,d'expertises,d'actes techniques,de travaux,de conseils,de consultance et d'avis dans les domaines de l’immobilier,la finance,le marketing,la construction,le développement immobilier,tout comme dans le domaine des PME (petites et moyennes entreprises),a l'exclusion de toute activite expressement reservee a des professions reglementees
  7. L’intermediation immobiliere
  8. A l’exercice d’activites de type HORECA
  9. Au commerce œuvre d’art
deed of 09-12-2019 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
ProDev registered office Rue des Vergiers 74, 4500 Huy 01-01-2020 2.297.925.743

Buildings and parcels at the address

Ground area
731 m²
Buildings
245 m²
Volume, LiDAR
1,290 m³
Tallest building
7.2 m
Buildings to scale, each on its own parcel
245 m², 7.2 m 245 m², 7.2 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
61031B0666/00V005731 m² 1 · 245 m² 7.2 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0738.771.202

We would like to set cookies. That happens only with your consent. What we measure