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PRO ELY

Active
Private limited companyfounded 2021active for 5 yearsKnokkestraat 440, 8301 Knokke-Heist, BelgiumKBO/BCE: BE 0769.569.393
Summary

The computed 12-month bankruptcy probability of PRO ELY is 1.6% (moderate). The 2025 annual accounts show equity of €73,625 and a net result of €5,390. Equity is growing by about 7.2% per year across the filed financial years. Its solvency ranks better than 20% of 9,217 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€618,452total assets 2025
Equity
€73,625
Profit
€5,390
Turnover not published (micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Structure
Accounts 1 day early1 of 3 deeds read
Why 54raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2021Equity €73,625 (11.9% of total assets)lowers riskSize: total assets €618,452Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 28% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Weak
Solvency 37-15
equity 11.9% of total assets
Liquidity 5-11
short-term debt 87.6% · cash 2.8%
Profitability 62-1
return on assets 0.9%
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,424 companies, NACE 41, micro)
Last 24 months 11-2024: 7.2% 12-2024: 7.3%▲ +0.1 percentage points vs 11-2024 01-2025: 7.5%▲ +0.2 percentage points vs 12-2024 02-2025: 7.8%▲ +0.3 percentage points vs 01-2025highest value 03-2025: 4.1%▼ -3.7 percentage points vs 02-2025 04-2025: 4.1%● unchanged vs 03-2025 05-2025: 4.1%● unchanged vs 04-2025 06-2025: 4.0%▼ -0.1 percentage points vs 05-2025 07-2025: 4.0%● unchanged vs 06-2025 08-2025: 4.0%● unchanged vs 07-2025 09-2025: 4.0%● unchanged vs 08-2025 10-2025: 5.0%▲ +1.0 percentage point vs 09-2025 11-2025: 6.3%▲ +1.3 percentage points vs 10-2025 12-2025: 6.4%▲ +0.1 percentage points vs 11-2025 01-2026: 6.4%● unchanged vs 12-2025 02-2026: 7.0%▲ +0.6 percentage points vs 01-2026 03-2026: 2.7%▼ -4.3 percentage points vs 02-2026 04-2026: 1.5%▼ -1.2 percentage points vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026lowest value 06-2026: 1.5%● unchanged vs 05-2026lowest value 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 1.5%● unchanged vs 07-2026 09-2026: 1.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.6%● unchanged vs 09-2026
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.07, compared with 1.21 in 2024, below the usual 1.5; short-term debt: 87.6% and cash: 2.8% of total assets), and 88.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 20% on solvency, 6% on liquidity, 35% on profitability and 51% on growth.

The bankruptcy probability was computed on 19-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €618,452
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €73,625 (11.9% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9217 sector peers (2025).
NBB · sector comparison
Position among 9217 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
22 days early
2022
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 6 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end20-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet €5,390 ▼31%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€73,625▲ 7.9%
2024 · €68,235
Total assets
€618,452▲ 143%
2024 · €254,697
Net result
€5,390▼ 31.0%
2024 · €7,810
Working capital
€40,543▲ 13.0%
2024 · €35,871
Trend over the years

2022 to 2025, 4 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 12% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€29,954 2025 Net result€5,390 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€87,994-€12,555▼ 85.7%€26,799▲ 113%€29,954▲ 11.8%
Net result€69,505above the sector's middle half-€8,420within the sector's middle half▼ 87.9%€7,810within the sector's middle half▼ 7.2%€5,390within the sector's middle half▼ 31.0%
Equity€59,505within the sector's middle half-€67,924within the sector's middle half▲ 14.1%€68,235within the sector's middle half▲ 0.5%€73,625within the sector's middle half▲ 7.9%
Total assets€469,238above the sector's middle half-€160,394within the sector's middle half▼ 65.8%€254,697within the sector's middle half▲ 58.8%€618,452above the sector's middle half▲ 143%
Debt€409,733-€92,470▼ 77.4%€186,462▲ 102%€544,827▲ 192%
Working capital€21,353within the sector's middle half-€33,647within the sector's middle half▲ 57.6%€35,871within the sector's middle half▲ 6.6%€40,543within the sector's middle half▲ 13.0%
Solvency12.7%below the sector's middle half-42.3%within the sector's middle half▲ 29.7pp26.8%within the sector's middle half▼ 15.6pp11.9%below the sector's middle half▼ 14.9pp
Current ratio1.05below the sector's middle half-1.36within the sector's middle half▲ 0.311.21within the sector's middle half▼ 0.161.07within the sector's middle half▼ 0.13
Return on assets (ROA)14.8%within the sector's middle half-5.2%within the sector's middle half▼ 9.6pp3.1%within the sector's middle half▼ 2.2pp0.9%within the sector's middle half▼ 2.2pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €618,452
Fixed assets €35,870 ▼ 21.6%
Current assets €582,582 ▲ 179%
Equity and liabilities €618,452
Equity €73,625 ▲ 7.9%
Debt €544,827 ▲ 192%
Debt's share of the balance-sheet total rises from 73.2% to 88.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50,779▲
2024 · €43,970
Cash flow
€26,215▲
2024 · €24,981
Debt to equity
7.40▲
2024 · 2.73
ROE
7.3%▼
2024 · 11.4%
Interest coverage
5.11▲
2024 · 4.88
Debt ≤ 1 year
€542,039▲
2024 · €173,070
Debt > 1 year
€2,788▼
2024 · €13,392
Income taxes
€14,705▲
2024 · €12,059
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.4% stopped otherwise
96.5% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,372 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€254,697€618,452▲
Fixed assets21/28€45,755€35,870▼
Tangible fixed assets22/27€45,455€35,570▼
Plant, machinery and equipment23€4,948€3,821▼
Furniture and vehicles24€40,508€31,749▼
Financial fixed assets28€300€300=
Current assets29/58€208,941€582,582▲
Amounts receivable within one year40/41€197,419€564,956▲
Trade receivables40€134,084€547,272▲
Other amounts receivable41€63,335€17,684▼
Cash at bank and in hand54/58€4,798€17,237▲
Deferred charges and accrued income490/1€6,724€388▼
Equity and liabilities
Total equity and liabilities10/49€254,697€618,452▲
Equity10/15€68,235€73,625▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€58,235€63,625▲
Amounts payable17/49€186,462€544,827▲
Amounts payable after more than one year17€13,392€2,788▼
Financial debts170/4€13,392€2,788▼
Amounts payable within one year42/48€173,070€542,039▲
Current portion of amounts payable after more than one year42€9,778€10,604▲
Trade debts44€113,064€483,430▲
Suppliers440/4€113,064€483,430▲
Advances received on contracts in progress46€16,308€30,000▲
Taxes, remuneration and social security45€26,420€18,005▼
Taxes450/3€12,059€14,705▲
Remuneration and social security454/9€14,361€3,300▼
Other amounts payable47/48€7,500-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,171€20,825▲
Other operating charges640/8€11,452€12,803▲
Gross operating margin9900€55,422€63,581▲
Operating profit (loss)9901€26,799€29,954▲
Financial income75/76B€2,076€71▼
Recurring financial income75€2,076€71▼
Financial charges65/66B€9,006€9,929▲
Recurring financial charges65€9,006€9,929▲
Profit (loss) for the period before taxes9903€19,869€20,096▲
Income taxes67/77€12,059€14,705▲
Profit (loss) for the period9904€7,810€5,390▼
Profit (loss) for the period to be appropriated9905€7,810€5,390▼
Appropriation of the result
Profit (loss) to be appropriated9906€65,735€63,625▼
Profit (loss) brought forward from the previous period14P€57,924€58,235▲
Profit to be distributed694/7€7,500-
Directors or managers695€7,500-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,524€18,231€17,171€20,825▲ 21.3%
Other operating charges640/8€8,757€6,089€11,452€12,803▲ 11.8%
Gross operating margin9900€104,274€36,875€55,422€63,581▲ 14.7%
Operating profit (loss)9901€87,994€12,555€26,799€29,954▲ 11.8%
Financial income75/76B€586€2,993€2,076€71▼ 96.6%
Recurring financial income75€586€2,993€2,076€71▼ 96.6%
Financial charges65/66B€767€2,422€9,006€9,929▲ 10.3%
Recurring financial charges65€767€2,422€9,006€9,929▲ 10.3%
Profit (loss) for the period before taxes9903€87,813€13,126€19,869€20,096▲ 1.1%
Income taxes67/77€18,309€4,706€12,059€14,705▲ 21.9%
Profit (loss) for the period9904€69,505€8,420€7,810€5,390▼ 31.0%
Profit (loss) for the period to be appropriated9905€69,505€8,420€7,810€5,390▼ 31.0%
Line2022202320242025Change
Assets
Total assets20/58€469,238€160,394€254,697€618,452▲ 143%
Fixed assets21/28€38,152€34,277€45,755€35,870▼ 21.6%
Tangible fixed assets22/27€38,152€33,977€45,455€35,570▼ 21.7%
Plant, machinery and equipment23€4,802€6,751€4,948€3,821▼ 22.8%
Furniture and vehicles24€33,350€27,226€40,508€31,749▼ 21.6%
Financial fixed assets28-€300€300€300=
Current assets29/58€431,086€126,117€208,941€582,582▲ 179%
Amounts receivable within one year40/41€350,815€114,890€197,419€564,956▲ 186%
Trade receivables40€293,587€49,795€134,084€547,272▲ 308%
Other amounts receivable41€57,227€65,095€63,335€17,684▼ 72.1%
Cash at bank and in hand54/58€79,964€11,227€4,798€17,237▲ 259%
Deferred charges and accrued income490/1€307-€6,724€388▼ 94.2%
Equity and liabilities
Total equity and liabilities10/49€469,238€160,394€254,697€618,452▲ 143%
Equity10/15€59,505€67,924€68,235€73,625▲ 7.9%
Contributions10/11€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14€49,505€57,924€58,235€63,625▲ 9.3%
Amounts payable17/49€409,733€92,470€186,462€544,827▲ 192%
Amounts payable after more than one year17--€13,392€2,788▼ 79.2%
Financial debts170/4--€13,392€2,788▼ 79.2%
Amounts payable within one year42/48€409,733€92,470€173,070€542,039▲ 213%
Current portion of amounts payable after more than one year42--€9,778€10,604▲ 8.4%
Trade debts44€368,189€79,242€113,064€483,430▲ 328%
Suppliers440/4€368,189€79,242€113,064€483,430▲ 328%
Advances received on contracts in progress46--€16,308€30,000▲ 84.0%
Taxes, remuneration and social security45€21,545€13,227€26,420€18,005▼ 31.8%
Taxes450/3€18,309€4,706€12,059€14,705▲ 21.9%
Remuneration and social security454/9€3,236€8,521€14,361€3,300▼ 77.0%
Other amounts payable47/48€20,000-€7,500--
Line2022202320242025Change
Profit (loss) for the period9904€69,505€8,420€7,810€5,390▼ 31.0%
+ Depreciation and write-downs630€7,524€18,231€17,171€20,825▲ 21.3%
Operating cash flow (approximation)€77,028€26,651€24,981€26,215▲ 4.9%
Investment in fixed assets (approximation)--€14,356-€28,649-€10,940▲ 61.8%
Change in cash--€68,738-€6,428€12,439-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
30-06-2025 micro format 30-01-2026 2026-00032956
30-06-2024 micro format 30-01-2025 2025-00022474
30-06-2023 micro format 09-01-2024 2024-00546614
30-06-2022 micro format 31-01-2023 2023-00015199

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 13,347 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

PRO ELY was incorporated on 10 June 2021 as a private limited company.1 The registered office was moved to Knokke-Heist in 2024.2 Total assets rose from €469,238 in 2022 to €618,452 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-03-2024
  3. 3National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-06
Financial Weakest financial yearnet €5,390 ▼31%
Net result drops to €5,390, the lowest in the series.
30-01
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
05-03
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 25-01-2024
  • Registered-office move, Knokkestraat 440,8301 Knokke-Heist
09-01
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-01
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded10-06-2021
Financial year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43350Other building finishing work
43990Other specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:0769569393
Also 9925:BE0769569393
Registered 31-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0769.569.393

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
190 m²
Building footprint
69 m²
Building volume
47 m³
Parcel 31337C0014/00X002, Flanders · tallest building 7.6 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PRO ELY
Knokkestraat 440, 8301 Knokke-HeistGeneral construction of residential buildings
since 2021unit no. 2.318.847.455
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
31337C0014/00X002 Flanders 190 m² 1 · 69 m² 7.5 m
How the parcels are linked
Good to know
The parcel matches the address exactly.