PRO PAINT
ActiveSummary
PRO PAINT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,995 and a net result of €5,218. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 5.44 against 4.12 in 2024; short-term debt: 17.9% and cash: 26.5% of total assets), and 17.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.1%
Return on assets
6.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
19 d late
2023
27 d late
2022
28 d late
2021
26 d late
2020
4 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€62,995▲ 9.0%
2024 · €57,776
Total assets
€76,765▲ 1.6%
2024 · €75,535
Net result
€5,218▼ 27.8%
2024 · €7,230
Working capital
€61,083▲ 10.2%
2024 · €55,431
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20212022202320242025
Operating result-€412€25,511-€8,156€8,457€7,616▼ 9.9%
Net result-€1,424below the sector's middle half€17,971within the sector's middle half-€12,784below the sector's middle half€7,230within the sector's middle half€5,218within the sector's middle half▼ 27.8%
Equity€46,160within the sector's middle half▼ 3.0%€63,331within the sector's middle half▲ 37.2%€50,546within the sector's middle half▼ 20.2%€57,776within the sector's middle half▲ 14.3%€62,995below the sector's middle half▲ 9.0%
Total assets€71,229within the sector's middle half▼ 15.6%€83,993within the sector's middle half▲ 17.9%€69,861within the sector's middle half▼ 16.8%€75,535within the sector's middle half▲ 8.1%€76,765below the sector's middle half▲ 1.6%
Debt€25,069▼ 31.9%€20,662▼ 17.6%€19,314▼ 6.5%€17,758▼ 8.1%€13,771▼ 22.5%
Working capital€40,695within the sector's middle half▼ 1.9%€57,713within the sector's middle half▲ 41.8%€47,766within the sector's middle half▼ 17.2%€55,431within the sector's middle half▲ 16.0%€61,083within the sector's middle half▲ 10.2%
Solvency64.8%within the sector's middle half▲ 8.4pp75.4%above the sector's middle half▲ 10.6pp72.4%above the sector's middle half▼ 3.0pp76.5%above the sector's middle half▲ 4.1pp82.1%above the sector's middle half▲ 5.6pp
Current ratio3.06within the sector's middle half▲ 0.563.99above the sector's middle half▲ 0.933.47above the sector's middle half▼ 0.514.12above the sector's middle half▲ 0.655.44above the sector's middle half▲ 1.31
Return on assets (ROA)-2.0%below the sector's middle half▼ 7.2pp21.4%above the sector's middle half▲ 23.4pp-18.3%below the sector's middle half▼ 39.7pp9.6%within the sector's middle half▲ 27.9pp6.8%within the sector's middle half▼ 2.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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 falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,765
Fixed assets
€1,912 ▼ 18.5%
Current assets
€74,854 ▲ 2.3%
Equity and liabilities €76,765
Equity
€62,995 ▲ 9.0%
Debt
€13,771 ▼ 22.5%
Debt's share of the balance-sheet total falls from 23.5% to 17.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8,051▼
2024 · €8,891
Cash flow
€5,652▼
2024 · €7,664
Quick ratio
5.23▲
2024 · 3.90
Debt to equity
0.22▼
2024 · 0.31
ROE
8.3%▼
2024 · 12.5%
Interest coverage
3.71▲
2024 · 3.40
Debt ≤ 1 year
€13,771▼
2024 · €17,758
Income taxes
€231▲
2024 · -€147
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
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 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,463 | €4,498 | €4,185 | €434 | €434 | = |
| Other operating charges640/8 | €889 | €1,073 | €1,583 | €1,306 | €1,321 | ▲ 1.2% |
| Gross operating margin9900 | €4,940 | €31,082 | -€2,388 | €10,197 | €9,371 | ▼ 8.1% |
| Operating profit (loss)9901 | -€412 | €25,511 | -€8,156 | €8,457 | €7,616 | ▼ 9.9% |
| Financial income75/76B | - | - | - | €1,240 | - | - |
| Recurring financial income75 | - | - | - | €1,240 | - | - |
| Financial charges65/66B | €1,012 | €1,581 | €4,165 | €2,614 | €2,168 | ▼ 17.1% |
| Recurring financial charges65 | €1,012 | €1,581 | €4,165 | €2,614 | €2,168 | ▼ 17.1% |
| Profit (loss) for the period before taxes9903 | -€1,424 | €23,931 | -€12,321 | €7,083 | €5,449 | ▼ 23.1% |
| Income taxes67/77 | - | €5,960 | €463 | -€147 | €231 | ▲ 257% |
| Profit (loss) for the period9904 | -€1,424 | €17,971 | -€12,784 | €7,230 | €5,218 | ▼ 27.8% |
| Profit (loss) for the period to be appropriated9905 | -€1,424 | €17,971 | -€12,784 | €7,230 | €5,218 | ▼ 27.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71,229 | €83,993 | €69,861 | €75,535 | €76,765 | ▲ 1.6% |
| Fixed assets21/28 | €10,762 | €6,965 | €2,780 | €2,346 | €1,912 | ▼ 18.5% |
| Tangible fixed assets22/27 | €10,762 | €6,965 | €2,780 | €2,346 | €1,912 | ▼ 18.5% |
| Land and buildings22 | €3,261 | €3,214 | €2,780 | €2,346 | €1,912 | ▼ 18.5% |
| Furniture and vehicles24 | €7,501 | €3,751 | - | - | - | - |
| Current assets29/58 | €60,466 | €77,029 | €67,081 | €73,189 | €74,854 | ▲ 2.3% |
| Stocks and contracts in progress3 | €9,112 | €1,676 | €2,440 | €3,950 | €2,818 | ▼ 28.7% |
| Stocks30/36 | €1,827 | €591 | €1,225 | €1,625 | €1,133 | ▼ 30.3% |
| Contracts in progress37 | €7,285 | €1,085 | €1,215 | €2,325 | €1,685 | ▼ 27.5% |
| Amounts receivable within one year40/41 | €25,836 | €36,264 | €40,760 | €44,629 | €46,337 | ▲ 3.8% |
| Trade receivables40 | €24,225 | €36,097 | €39,320 | €44,451 | €45,416 | ▲ 2.2% |
| Other amounts receivable41 | €1,611 | €167 | €1,440 | €179 | €921 | ▲ 415% |
| Cash at bank and in hand54/58 | €24,605 | €37,315 | €22,032 | €22,701 | €20,328 | ▼ 10.5% |
| Deferred charges and accrued income490/1 | €914 | €1,773 | €1,849 | €1,908 | €5,370 | ▲ 181% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71,229 | €83,993 | €69,861 | €75,535 | €76,765 | ▲ 1.6% |
| Equity10/15 | €46,160 | €63,331 | €50,546 | €57,776 | €62,995 | ▲ 9.0% |
| Contributions10/11 | €11,562 | €11,562 | €11,562 | €11,562 | €11,562 | = |
| Capital10 | €11,562 | €11,562 | €11,562 | €11,562 | €11,562 | = |
| Issued capital100 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Uncalled capital101 | €7,030 | €7,030 | €7,030 | €7,030 | €7,030 | = |
| Reserves13 | €39,878 | €51,769 | €51,769 | €51,769 | €51,769 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €38,019 | €49,910 | €49,910 | €49,910 | €49,910 | = |
| Profit (loss) carried forward14 | -€5,280 | - | -€12,784 | -€5,554 | -€336 | ▲ 93.9% |
| Amounts payable17/49 | €25,069 | €20,662 | €19,314 | €17,758 | €13,771 | ▼ 22.5% |
| Amounts payable after more than one year17 | €5,298 | €1,347 | - | - | - | - |
| Financial debts170/4 | €5,298 | €1,347 | - | - | - | - |
| Amounts payable within one year42/48 | €19,771 | €19,316 | €19,314 | €17,758 | €13,771 | ▼ 22.5% |
| Current portion of amounts payable after more than one year42 | €3,820 | €3,951 | €1,347 | - | - | - |
| Financial debts43 | - | €104 | €104 | €307 | - | - |
| Other loans439 | - | €104 | €104 | €307 | - | - |
| Trade debts44 | €12,761 | €8,752 | €11,641 | €9,305 | €12,979 | ▲ 39.5% |
| Suppliers440/4 | €12,761 | €8,752 | €11,641 | €9,305 | €12,979 | ▲ 39.5% |
| Taxes, remuneration and social security45 | €29 | €1,797 | €3,252 | €2,785 | €456 | ▼ 83.6% |
| Taxes450/3 | €29 | €1,797 | €3,252 | €2,785 | €456 | ▼ 83.6% |
| Other amounts payable47/48 | €3,161 | €4,712 | €2,970 | €5,362 | €335 | ▼ 93.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,424 | €17,971 | -€12,784 | €7,230 | €5,218 | ▼ 27.8% |
| + Depreciation and write-downs630 | €4,463 | €4,498 | €4,185 | €434 | €434 | = |
| Operating cash flow (approximation) | €3,039 | €22,469 | -€8,600 | €7,664 | €5,652 | ▼ 26.3% |
| Investment in fixed assets (approximation) | - | -€700 | €0 | €0 | €0 | - |
| Change in cash | - | €12,711 | -€15,284 | €669 | -€2,373 | ▼ 454% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Back to profitnet €7,230
Net result €7,230 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet -€12,784
Net result drops to -€12,784, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €17,971
Net result €17,971 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Heist-op-den-Berg · 1 establishment unit since 1994
Ground area
1,207 m²
Building footprint
241 m²
Volume, LiDAR
991 m³
Parcel 12322G0874/00S000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PRO PAINT
since 19942.068.641.596
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322G0874/00S000 | Flanders | 1,207 m² | 1 · 241 m² | 6.7 m · 1 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.
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Of 7,868 companies in sector 43341 we hold annual accounts for 2,666. 2,326 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 (pre-2019)
Founded05-10-1994
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453518550
Also
9925:BE0453518550
Registered
26-03-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.