PRO GEAR
ActiveSummary
PRO GEAR has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €149,733 and a net result of €92,773. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 42% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▲+86
Solvency49▲+12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.39 against 1.07 in 2023; short-term debt: 59.1% and cash: 8% of total assets), and 76.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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 · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-01-2026, 160 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
160 d late
2023
350 d late
2022
18 d early
2021
16 d early
2020
15 d early
2019
1 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 77 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€149,733▲ 150%
2023 · €59,960
Total assets
€635,478▲ 27.7%
2023 · €497,660
Net result
€92,773
2023 · -€91,188
Working capital
€144,625▲ 504%
2023 · €23,943
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€44,166▲ 9.6%€5,849▼ 86.8%€88,933▲ 1,421%-€75,447€113,288
Net result€34,700within the sector's middle half▲ 41.1%-€384below the sector's middle half€65,488within the sector's middle half-€91,188below the sector's middle half€92,773above the sector's middle half
Equity€93,583within the sector's middle half▲ 58.9%€93,200below the sector's middle half▼ 0.4%€151,148within the sector's middle half▲ 62.2%€59,960within the sector's middle half▼ 60.3%€149,733above the sector's middle half▲ 150%
Total assets€236,516below the sector's middle half▲ 30.6%€329,859below the sector's middle half▲ 39.5%€392,836below the sector's middle half▲ 19.1%€497,660above the sector's middle half▲ 26.7%€635,478above the sector's middle half▲ 27.7%
Debt€142,933▲ 16.9%€236,659▲ 65.6%€241,688▲ 2.1%€437,701▲ 81.1%€485,745▲ 11.0%
Working capital€79,400within the sector's middle half▲ 29.0%€83,120within the sector's middle half▲ 4.7%€101,635within the sector's middle half▲ 22.3%€23,943within the sector's middle half▼ 76.4%€144,625above the sector's middle half▲ 504%
Solvency39.6%within the sector's middle half▲ 7.1pp28.3%within the sector's middle half▼ 11.3pp38.5%within the sector's middle half▲ 10.2pp12.0%within the sector's middle half▼ 26.4pp23.6%within the sector's middle half▲ 11.5pp
Current ratio1.59within the sector's middle half▲ 0.011.41within the sector's middle half▼ 0.181.45within the sector's middle half▲ 0.031.07within the sector's middle half▼ 0.381.39within the sector's middle half▲ 0.32
Return on assets (ROA)14.7%above the sector's middle half▲ 1.1pp-0.1%below the sector's middle half▼ 14.8pp16.7%above the sector's middle half▲ 16.8pp-18.3%below the sector's middle half▼ 35.0pp14.6%above the sector's middle half▲ 32.9pp
Staff (FTE)2.7within the sector's middle half▲ 238%2within the sector's middle half▼ 25.9%2.8within the sector's middle half▲ 40.0%5.5▲ 96.4%4.6▼ 16.4%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €113,288 after a loss of €75,447 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €635,478
Fixed assets
€115,575 ▲ 0.9%
Current assets
€519,903 ▲ 35.7%
Equity and liabilities €635,478
Equity
€149,733 ▲ 150%
Debt
€485,745 ▲ 11.0%
Debt's share of the balance-sheet total falls from 88.0% to 76.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€156,932▲
2023 · -€46,183
Cash flow
€136,417▲
2023 · -€61,924
Quick ratio
0.46▲
2023 · 0.44
Debt to equity
3.24▼
2023 · 7.30
ROE
62.0%▲
2023 · -152.1%
Interest coverage
5.90▲
2023 · -2.15
Debt ≤ 1 year
€375,279▲
2023 · €359,146
Debt > 1 year
€106,147▲
2023 · €68,347
Income taxes
€12,558▲
2023 · €580
Staff costs
€240,783▼
2023 · €260,793
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 5,053 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €700 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €64,419 | €128,031 | €260,793 | €240,783 | ▼ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,615 | €10,203 | €17,883 | €29,264 | €43,644 | ▲ 49.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €15,940 | €9,061 | €0 | - | - |
| Other operating charges640/8 | - | €5,397 | €2,917 | €5,687 | €10,761 | ▲ 89.2% |
| Non-recurring operating charges66A | - | €25 | €499 | €0 | €3,285 | - |
| Gross operating margin9900 | €98,310 | €101,832 | €247,324 | €220,296 | €411,761 | ▲ 86.9% |
| Operating profit (loss)9901 | €44,166 | €5,849 | €88,933 | -€75,447 | €113,288 | ▲ 250% |
| Financial income75/76B | - | €2,318 | €7,670 | €6,330 | €18,624 | ▲ 194% |
| Recurring financial income75 | €3,264 | €2,318 | €7,670 | €6,330 | €18,624 | ▲ 194% |
| Financial charges65/66B | - | €8,397 | €10,479 | €21,491 | €26,581 | ▲ 23.7% |
| Recurring financial charges65 | €3,598 | €8,397 | €10,479 | €21,491 | €26,581 | ▲ 23.7% |
| Profit (loss) for the period before taxes9903 | €43,832 | -€230 | €86,125 | -€90,608 | €105,331 | ▲ 216% |
| Income taxes67/77 | €9,131 | €154 | €20,637 | €580 | €12,558 | ▲ 2,066% |
| Profit (loss) for the period9904 | €34,700 | -€384 | €65,488 | -€91,188 | €92,773 | ▲ 202% |
| Profit (loss) for the period to be appropriated9905 | €34,700 | -€384 | €65,488 | -€91,188 | €92,773 | ▲ 202% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €236,516 | €329,859 | €392,836 | €497,660 | €635,478 | ▲ 27.7% |
| Fixed assets21/28 | €23,432 | €46,210 | €64,688 | €114,572 | €115,575 | ▲ 0.9% |
| Intangible fixed assets21 | - | €5,495 | €18,673 | €13,370 | €8,071 | ▼ 39.6% |
| Tangible fixed assets22/27 | €22,882 | €40,165 | €45,465 | €96,653 | €102,954 | ▲ 6.5% |
| Plant, machinery and equipment23 | - | €17,528 | €14,257 | €15,792 | €10,288 | ▼ 34.9% |
| Furniture and vehicles24 | - | €22,466 | €31,207 | €45,141 | €54,935 | ▲ 21.7% |
| Leasing and similar rights25 | - | - | - | €12,367 | €19,469 | ▲ 57.4% |
| Other tangible fixed assets26 | - | €171 | €0 | €23,353 | €18,261 | ▼ 21.8% |
| Financial fixed assets28 | €550 | €550 | €550 | €4,550 | €4,550 | = |
| Current assets29/58 | €213,084 | €283,648 | €328,148 | €383,088 | €519,903 | ▲ 35.7% |
| Stocks and contracts in progress3 | €97,489 | €153,072 | €210,695 | €225,088 | €348,456 | ▲ 54.8% |
| Stocks30/36 | - | €153,072 | €210,695 | €225,088 | €348,456 | ▲ 54.8% |
| Amounts receivable within one year40/41 | €74,214 | €51,825 | €49,675 | €107,072 | €116,996 | ▲ 9.3% |
| Trade receivables40 | - | €51,825 | €49,675 | €107,072 | €116,996 | ▲ 9.3% |
| Cash at bank and in hand54/58 | €32,088 | €68,643 | €55,655 | €37,757 | €50,568 | ▲ 33.9% |
| Deferred charges and accrued income490/1 | - | €10,108 | €12,123 | €13,172 | €3,884 | ▼ 70.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €236,516 | €329,859 | €392,836 | €497,660 | €635,478 | ▲ 27.7% |
| Equity10/15 | €93,583 | €93,200 | €151,148 | €59,960 | €149,733 | ▲ 150% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €74,983 | €74,983 | €132,548 | €132,548 | €132,548 | = |
| Non-distributable reserves130/1 | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | €73,123 | €132,548 | €132,548 | €132,548 | = |
| Profit (loss) carried forward14 | - | -€384 | €0 | -€91,188 | -€1,415 | ▲ 98.4% |
| Amounts payable17/49 | €142,933 | €236,659 | €241,688 | €437,701 | €485,745 | ▲ 11.0% |
| Amounts payable after more than one year17 | €2,667 | €21,326 | €11,890 | €68,347 | €106,147 | ▲ 55.3% |
| Financial debts170/4 | - | €21,326 | €11,890 | €68,347 | €106,147 | ▲ 55.3% |
| Amounts payable within one year42/48 | €133,684 | €200,528 | €226,513 | €359,146 | €375,279 | ▲ 4.5% |
| Current portion of amounts payable after more than one year42 | - | €10,646 | €69,437 | €142,553 | €149,377 | ▲ 4.8% |
| Financial debts43 | - | €60,000 | - | - | - | - |
| Credit institutions430/8 | - | €60,000 | - | - | - | - |
| Trade debts44 | €17,958 | €26,351 | €9,927 | €67,502 | €119,362 | ▲ 76.8% |
| Suppliers440/4 | - | €26,351 | €9,927 | €67,502 | €119,362 | ▲ 76.8% |
| Taxes, remuneration and social security45 | - | €53,990 | €77,252 | €72,660 | €47,109 | ▼ 35.2% |
| Taxes450/3 | - | €39,421 | €61,054 | €40,121 | €21,443 | ▼ 46.6% |
| Remuneration and social security454/9 | - | €14,569 | €16,198 | €32,539 | €25,666 | ▼ 21.1% |
| Other amounts payable47/48 | - | €49,542 | €69,897 | €76,431 | €59,431 | ▼ 22.2% |
| Accrued charges and deferred income492/3 | - | €14,805 | €3,285 | €10,208 | €4,319 | ▼ 57.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,700 | -€384 | €65,488 | -€91,188 | €92,773 | ▲ 202% |
| + Depreciation and write-downs630 | €9,615 | €10,203 | €17,883 | €29,264 | €43,644 | ▲ 49.1% |
| Operating cash flow (approximation) | €44,316 | €9,819 | €83,371 | -€61,924 | €136,417 | ▲ 320% |
| Investment in fixed assets (approximation) | - | -€32,981 | -€36,360 | -€79,149 | -€44,647 | ▲ 43.6% |
| Change in cash | - | €36,554 | -€12,988 | -€17,898 | €12,811 | ▲ 172% |
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
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 160 days late
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 350 days late
2024
31-12
Financial
Back to profitnet €92,773
Net result €92,773 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €149,733 ▲150%
Equity rises from €59,960 to €149,733.
2023
31-12
Financial
Weakest financial yearnet -€91,188
Net result drops to -€91,188, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €65,488
Net result €65,488 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €151,148 ▲62.2%
Equity rises from €93,200 to €151,148.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Sint-Niklaas · 1 establishment unit since 2012
Ground area
4,191 m²
Building footprint
23 m²
Volume, LiDAR
106 m³
Parcel 46443E0727/00X000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PRO GEAR
since 20122.213.134.083
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E0727/00X000 | Flanders | 4,191 m² | 1 · 23 m² | 6.8 m · 2 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
2023 to 2025 · 3 entries · 2,300 EUR awarded · 2,300 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 1,000 EUR | 1,000 EUR |
| 2023 | 1 | 300 EUR | 300 EUR |
Recognitions · licences · registrations
Dual-learning approval
5 live approvalsElektrische installaties duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Elektrotechnisch installateur (vwo)
Technicus gebouwenautomatisering en energiemanagement duaal (so)
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Of 1,290 companies in sector 47690 we hold annual accounts for 425. 318 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
47690Retail sale of other cultural and recreation goods
32200Other manufacturing
47120Other non-specialised retail sale
47910Intermediation services for non-specialised retail
56302Nightclubs
90201Performing arts by independent artists
90393Specialised image, lighting and sound technical services
95290Repair and maintenance of other personal and household goods
Contact
Website
www.progear.be
E-mail
info@progear.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0848554515
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.