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PRO - PAY

Active
Public limited companyfounded 199036 yrs activeCulliganlaan 1A, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0441.366.430
Summary

PRO - PAY has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €1.7m. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 35% of 2300 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency50▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.32 in 2024; short-term debt: 66.6% and cash: 41.1% of total assets), and 74.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
25.3%
Return on assets
36%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
51 d early
2023
48 d early
2022
53 d early
2022
25 d early
2021
31 d early
2020
8 d early
← 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 38 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PRO - PAY was incorporated on 24 July 1990.1 The registered office was moved to Brussel in 2014.2 The board currently has 21 members; D. Alen has served longest, since 2021.3 Total assets rose from EUR 3 million in 2019 to EUR 4.8 million in 2025 and headcount from 38.6 to 57.5 full-time equivalents.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 17-11-2014
  3. 3Belgian State Gazette, 26-02-2021
  4. 4National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.2m▲ 3.3%
2024 · €1.2m
Total assets
€4.8m▼ 11.3%
2024 · €5.4m
Net result
€1.7m▼ 4.8%
2024 · €1.8m
Working capital
€1.1m▼ 5.6%
2024 · €1.2m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
Line20222022202320242025
Operating result€2.4m▲ 27.1%€1.3m-€2.5m▲ 97.5%€2.6m▲ 1.2%€2.4m▼ 4.6%
Net result€1.8mabove the sector's middle half▲ 27.7%€925,300above the sector's middle half-€1.9mabove the sector's middle half▲ 101%€1.8mabove the sector's middle half▼ 1.8%€1.7mabove the sector's middle half▼ 4.8%
Equity€2.7mabove the sector's middle half▼ 6.0%€3.6mabove the sector's middle half-€1.6mabove the sector's middle half▼ 56.7%€1.2mwithin the sector's middle half▼ 24.0%€1.2mabove the sector's middle half▲ 3.3%
Total assets€6.3mabove the sector's middle half▲ 40.9%€6.9mabove the sector's middle half-€6.1mabove the sector's middle half▼ 10.9%€5.4mabove the sector's middle half▼ 11.3%€4.8mabove the sector's middle half▼ 11.3%
Debt€3.7m▲ 122%€3.3m-€4.6m▲ 39.2%€4.3m▼ 7.0%€3.6m▼ 15.3%
Working capital€2.9m▼ 4.4%€3.7m-€1.6m▼ 55.6%€1.2m▼ 28.2%€1.1m▼ 5.6%
Solvency42.2%within the sector's middle half▼ 21.0pp52.2%within the sector's middle half-25.3%within the sector's middle half▼ 26.9pp21.7%within the sector's middle half▼ 3.6pp25.3%within the sector's middle half▲ 3.6pp
Staff (FTE)40above the sector's middle half▲ 3.9%43.6above the sector's middle half-49.6above the sector's middle half▲ 13.8%51above the sector's middle half▲ 2.8%57.5above the sector's middle half▲ 12.7%
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2023 Net result +101% on 2022. The previous fiscal year ran 7 months, this one 12.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0m€3.0mOperating result 2022: €2.4m€2.4mNet result 2022: €1.8m€1.8mOperating result 2022: €1.3m€1.3mNet result 2022: €925,300€925,300Operating result 2023: €2.5m€2.5mNet result 2023: €1.9m€1.9mOperating result 2024: €2.6m€2.6mNet result 2024: €1.8m€1.8mOperating result 2025: €2.4m€2.4mNet result 2025: €1.7m€1.7m20222022202320242025€0€1m€2m€3mOperating result 2023: €2.5m€2.5mNet result 2023: €1.9m€1.9mOperating result 2024: €2.6m€2.6mNet result 2024: €1.8m€1.8mOperating result 2025: €2.4m€2.4mNet result 2025: €1.7m€1.7m202320242025
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.8m
Fixed assets €496,796 ▼ 11.5%
Current assets €4.3m ▼ 11.3%
Equity and liabilities €4.8m
Equity €1.2m ▲ 3.3%
Debt €3.6m ▼ 15.3%
Debt's share of the balance-sheet total falls from 78.3% to 74.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.6m▼
2024 · €2.6m
Cash flow
€1.9m▼
2024 · €1.9m
Current ratio
1.35▲
2024 · 1.32
Debt to equity
2.96▼
2024 · 3.61
ROE
142.3%▼
2024 · 154.4%
ROA
36.0%▲
2024 · 33.5%
Interest coverage
26.97▼
2024 · 35.90
Debt ≤ 1 year
€3.2m▼
2024 · €3.7m
Debt > 1 year
€316,216▼
2024 · €395,790
Income taxes
€617,926▼
2024 · €667,814
Staff costs
€4.2m▲
2024 · €3.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 379 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 379 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 · 62 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.4m€4.8m▼
Fixed assets21/28€561,339€496,796▼
Intangible fixed assets21€27,803€13,882▼
Tangible fixed assets22/27€533,070€482,572▼
Plant, machinery and equipment23€33,577€75,871▲
Furniture and vehicles24€5,586€4,939▼
Leasing and similar rights25€478,956€394,434▼
Other tangible fixed assets26€14,951€7,328▼
Financial fixed assets28€467€342▼
Current assets29/58€4.9m€4.3m▼
Amounts receivable within one year40/41€2.2m€2.2m▼
Trade receivables40€2.2m€2.1m▼
Other amounts receivable41€621€48,189▲
Current investments50/53€61,621€41,197▼
Cash at bank and in hand54/58€2.6m€2.0m▼
Deferred charges and accrued income490/1€88,381€141,850▲
Equity and liabilities
Total equity and liabilities10/49€5.4m€4.8m▼
Equity10/15€1.2m€1.2m▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€1.1m€1.2m▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€1.1m€1.2m▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€4.3m€3.6m▼
Amounts payable after more than one year17€395,790€316,216▼
Financial debts170/4€395,790€316,216▼
Amounts payable within one year42/48€3.7m€3.2m▼
Current portion of amounts payable after more than one year42€75,257€79,574▲
Trade debts44€516,337€521,880▲
Suppliers440/4€516,337€521,880▲
Taxes, remuneration and social security45€913,592€918,379▲
Taxes450/3€480,068€390,796▼
Remuneration and social security454/9€433,525€527,583▲
Other amounts payable47/48€2.2m€1.7m▼
Accrued charges and deferred income492/3€164,019€74,530▼
Income statement Code20242025
Non-recurring operating income76A€0€70,086▲
Remuneration, social security and pensions62€3.6m€4.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65,859€119,058▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14,240€13,543▼
Other operating charges640/8€80,532€108,665▲
Non-recurring operating charges66A€0-
Gross operating margin9900€6.4m€6.9m▲
Operating profit (loss)9901€2.6m€2.4m▼
Financial income75/76B€2,826€4,692▲
Recurring financial income75€2,826€4,692▲
Non-recurring financial income76B€0-
Financial charges65/66B€73,283€95,151▲
Recurring financial charges65€73,283€95,151▲
Profit (loss) for the period before taxes9903€2.5m€2.4m▼
Income taxes67/77€667,814€617,926▼
Profit (loss) for the period9904€1.8m€1.7m▼
Profit (loss) for the period to be appropriated9905€1.8m€1.7m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.8m€1.7m▼
Transfer from equity791/2€373,620€0▼
Transfer to equity691/2-€38,697
To other reserves6921-€38,697
Profit to be distributed694/7€2.2m€1.7m▼
Return on contributions (dividend)694€2.2m€1.7m▼
Social balance
Average headcount (FTE)908751.057.5▲

The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222022202320242025Change
Non-recurring operating income76A--€2,238€0€70,086-
Remuneration, social security and pensions62€2.7m€1.7m€3.4m€3.6m€4.2m▲ 15.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72,572€26,263€31,472€65,859€119,058▲ 80.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€19,597-€1,266-€761€14,240€13,543▼ 4.9%
Other operating charges640/8€57,823€47,035€85,306€80,532€108,665▲ 34.9%
Non-recurring operating charges66A-€51€600€0--
Gross operating margin9900€5.3m€3.1m€6.1m€6.4m€6.9m▲ 8.5%
Operating profit (loss)9901€2.4m€1.3m€2.5m€2.6m€2.4m▼ 4.6%
Financial income75/76B€9,812€1,929€40,368€2,826€4,692▲ 66.0%
Recurring financial income75€9,635€418€40,149€2,826€4,692▲ 66.0%
Non-recurring financial income76B€177€1,511€218€0--
Financial charges65/66B€28,360€15,284€39,343€73,283€95,151▲ 29.8%
Recurring financial charges65€28,360€15,284€39,343€73,283€95,151▲ 29.8%
Profit (loss) for the period before taxes9903€2.4m€1.3m€2.5m€2.5m€2.4m▼ 5.5%
Income taxes67/77€646,513€344,953€676,703€667,814€617,926▼ 7.5%
Profit (loss) for the period9904€1.8m€925,300€1.9m€1.8m€1.7m▼ 4.8%
Profit (loss) for the period to be appropriated9905€1.8m€925,300€1.9m€1.8m€1.7m▼ 4.8%
Line20222022202320242025Change
Assets
Total assets20/58€6.3m€6.9m€6.1m€5.4m€4.8m▼ 11.3%
Fixed assets21/28€75,300€58,360€90,023€561,339€496,796▼ 11.5%
Intangible fixed assets21€1,620€0€41,723€27,803€13,882▼ 50.1%
Tangible fixed assets22/27€73,555€58,235€48,175€533,070€482,572▼ 9.5%
Plant, machinery and equipment23€21,524€23,377€31,262€33,577€75,871▲ 126%
Furniture and vehicles24€49,498€34,262€12,229€5,586€4,939▼ 11.6%
Leasing and similar rights25---€478,956€394,434▼ 17.6%
Other tangible fixed assets26€2,532€597€4,684€14,951€7,328▼ 51.0%
Financial fixed assets28€125€125€125€467€342▼ 26.8%
Current assets29/58€6.3m€6.8m€6.1m€4.9m€4.3m▼ 11.3%
Amounts receivable within one year40/41€1.6m€1.7m€2.3m€2.2m€2.2m▼ 0.6%
Trade receivables40€1.6m€1.7m€2.3m€2.2m€2.1m▼ 2.8%
Other amounts receivable41---€621€48,189▲ 7,658%
Current investments50/53€309,072€309,606€81,778€61,621€41,197▼ 33.1%
Cash at bank and in hand54/58€4.4m€4.8m€3.6m€2.6m€2.0m▼ 22.3%
Deferred charges and accrued income490/1€37,884€43,419€61,676€88,381€141,850▲ 60.5%
Equity and liabilities
Total equity and liabilities10/49€6.3m€6.9m€6.1m€5.4m€4.8m▼ 11.3%
Equity10/15€2.7m€3.6m€1.6m€1.2m€1.2m▲ 3.3%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10€62,000€62,000€62,000€62,000€62,000=
Issued capital100€62,000€62,000€62,000€62,000€62,000=
Reserves13€2.6m€3.5m€1.5m€1.1m€1.2m▲ 3.5%
Non-distributable reserves130/1€6,200€6,200€6,200€6,200€6,200=
Legal reserve130€6,200€6,200€6,200€6,200€6,200=
Distributable reserves133€2.6m€3.5m€1.5m€1.1m€1.2m▲ 3.5%
Profit (loss) carried forward14-€0€0€0€0-
Amounts payable17/49€3.7m€3.3m€4.6m€4.3m€3.6m▼ 15.3%
Amounts payable after more than one year17€8,020€0-€395,790€316,216▼ 20.1%
Financial debts170/4€8,020€0-€395,790€316,216▼ 20.1%
Amounts payable within one year42/48€3.4m€3.1m€4.4m€3.7m€3.2m▼ 13.1%
Current portion of amounts payable after more than one year42€23,909€18,010€0€75,257€79,574▲ 5.7%
Financial debts43€150,350€0----
Credit institutions430/8€150,350€0----
Trade debts44€633,650€449,424€594,783€516,337€521,880▲ 1.1%
Suppliers440/4€633,650€449,424€594,783€516,337€521,880▲ 1.1%
Taxes, remuneration and social security45€638,503€735,618€813,398€913,592€918,379▲ 0.5%
Taxes450/3€267,484€385,333€372,248€480,068€390,796▼ 18.6%
Remuneration and social security454/9€371,019€350,286€441,150€433,525€527,583▲ 21.7%
Other amounts payable47/48€1.9m€1.9m€3.0m€2.2m€1.7m▼ 22.7%
Accrued charges and deferred income492/3€277,173€166,867€179,141€164,019€74,530▼ 54.6%
Line20222022202320242025Change
Profit (loss) for the period9904€1.8m€925,300€1.9m€1.8m€1.7m▼ 4.8%
+ Depreciation and write-downs630€72,572€26,263€31,472€65,859€119,058▲ 80.8%
Operating cash flow (approximation)€1.8m€951,563€1.9m€1.9m€1.9m▼ 1.8%
Investment in fixed assets (approximation)---€63,134-€537,175-€54,515▲ 89.9%
Change in cash---€1.2m-€1.0m-€570,541▲ 44.2%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
State Gazette act Permanent representative: Tom Renders
2 facts ▸
  • General meeting, 12-06-2026
  • Permanent representative, Tom Renders (vaste vertegenwoordiger van de commissaris)
08-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
27-02
State Gazette act Resignations: GVANHOYE BV, Eric Janssens and TAVOE CONSULTING BV
Appointments: DMO Consult BV, ELLEZÉ CommV and Van den Eynde Management BV · Permanent representatives: David Moerman and Erik Van den Eynde · Director discharge31 facts ▸
  • General meeting, 05-02-2026
  • Director resignation, GVANHOYE BV (director)
  • Director resignation, Eric Janssens (director)
  • Director resignation, TAVOE CONSULTING BV (director)
  • Director discharge, GVANHOYE BV
  • Director discharge, Eric Janssens
  • Director discharge, TAVOE CONSULTING BV
  • Director appointment, DMO Consult BV (director)
  • Permanent representative, David Moerman
  • Mandate compensation, DMO Consult BV
  • Board composition, D. ALEN (managing director)
  • Board composition, Kuvano BV (director)
  • +19 further facts in this act
2025
08-10
State Gazette act Resignation: Keroto BV (director)
Appointments: TAVOE CONSULTING BV (director) and ELLEZÉ CommV (director) · Permanent representatives: Dominica Tassent, Jakob Verdonck and 5 others · Director discharge22 facts ▸
  • General meeting, 19-09-2025
  • Director resignation, Keroto BV (director)
  • Director discharge, Keroto BV
  • Director appointment, TAVOE CONSULTING BV (director)
  • Director appointment, ELLEZÉ CommV (director)
  • Permanent representative, Dominica Tassent
  • Permanent representative, Jakob Verdonck
  • Mandate compensation, TAVOE CONSULTING BV
  • Mandate compensation, ELLEZÉ CommV
  • Board composition, GVANHOYE BV (bestuurder, voorzitter)
  • Board composition, D. ALEN BV (managing director)
  • Board composition, Eric Janssens (director)
  • +10 further facts in this act
03-07
State Gazette act Resignations: Kurt Van Oevelen, Nadine Aerts and 2 others
Appointments: Kuvano BV, Lejak BV and Keroto BV · Permanent representatives: Kurt Van Oevelen, Sebastiaan Peeters and 4 others · Mandate compensation22 facts ▸
  • General meeting, 06-06-2025
  • Director resignation, Kurt Van Oevelen (director)
  • Director resignation, Nadine Aerts (director)
  • Director resignation, Tom Saeys (director)
  • Director resignation, T. Vanheusden BV (director)
  • Director appointment, Kuvano BV (director)
  • Permanent representative, Kurt Van Oevelen
  • Director appointment, Lejak BV (director)
  • Permanent representative, Sebastiaan Peeters
  • Director appointment, Keroto BV (director)
  • Permanent representative, Tom Saeys
  • Mandate compensation, PRO-PAY
  • +10 further facts in this act
10-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-09
State Gazette act Resignations: K. DE BONDT BV, Piet Vandenbussche and Hector Vermeersch
Appointments: Kurt Van Oevelen (director) and Tom Saeys (director) · Reappointments: D. ALEN BV, GVANHOYE BV and 5 others · Permanent representative: Ben Vandeweyer24 facts ▸
  • General meeting, 07-06-2024
  • Director resignation, K. DE BONDT BV (director)
  • Director resignation, Piet Vandenbussche (director)
  • Director resignation, Hector Vermeersch (director)
  • Director appointment, Kurt Van Oevelen (director)
  • Director appointment, Tom Saeys (director)
  • Mandate compensation, Kurt Van Oevelen
  • Mandate compensation, Tom Saeys
  • Board composition, D. ALEN BV (managing director)
  • Board composition, GVANHOYE BV (director and chair)
  • Board composition, T. Vanheusden BV (director)
  • Board composition, Van den Eynde Management BV (director)
  • +12 further facts in this act
03-09
State Gazette act Resignations: K. DE BONDT BV, Piet Vandenbussche and Hector Vermeersch
Appointments: Kurt Van Oevelen (director) and Tom Saeys (director) · Reappointments: D. ALEN BV, GVANHOYE BV and 5 others · Permanent representative: Ben Vandeweyer24 facts ▸
  • General meeting, 07-06-2024
  • Director resignation, K. DE BONDT BV (director)
  • Director resignation, Piet Vandenbussche (director)
  • Director resignation, Hector Vermeersch (director)
  • Director appointment, Kurt Van Oevelen (director)
  • Director appointment, Tom Saeys (director)
  • Mandate compensation, Kurt Van Oevelen
  • Board composition, D. ALEN BV (managing director)
  • Board composition, GVANHOYE BV (director and chair)
  • Board composition, T. Vanheusden BV (director)
  • Board composition, Van den Eynde Management BV (director)
  • Board composition, Eric Janssens (director)
  • +12 further facts in this act
13-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
29-01
State Gazette act Registered office · Statutes amendment
Registered-office move · Power of attorney3 facts ▸
  • General meeting, 29-12-2023
  • Registered-office move, 1831 (Machelen) Diegem, Culliganlaan 1A, Madison building 3rd floor, Twin square business park
  • Power of attorney, Moore Finance & Taks
2023
31-12
Financial Highest result since 2019net €1.9m ▲101%
Net result €1.9m, the highest in the series.
04-08
State Gazette act Resignations: Eric Janssens, GVANHOYE BV and I. JANSSENS BV
Appointment: GVANHOYE BV (voorzitter raad van bestuur) · Permanent representatives: Geert Van Hoye and Inge Janssens · Power of attorney22 facts ▸
  • Board meeting, 03-05-2023
  • Director resignation, Eric Janssens (voorzitter raad van bestuur)
  • Director appointment, GVANHOYE BV (voorzitter raad van bestuur)
  • Permanent representative, Geert Van Hoye
  • Director resignation, GVANHOYE BV (managing director)
  • Director resignation, I. JANSSENS BV (director)
  • Permanent representative, Inge Janssens
  • Power of attorney, Sarah Stas
  • General meeting, 02-06-2023
  • Director resignation, I. JANSSENS BV (director)
  • Board composition, David Alen (managing director)
  • Board composition, Geert Van Hoye (voorzitter raad van bestuur)
  • +10 further facts in this act
Show earlier events
08-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €925,300 ▼47.3%
Net result drops to €925,300, the lowest in the series; recovery starts the following year.
06-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
07-10
State Gazette act Appointment: Deloitte Bedrijfsrevisoren/Reviseurs d'Entreprises (statutory auditor)
Permanent representatives: VROLIX Maurice and VANDEWEYER Ben · Statutes amendment · Power of attorney9 facts ▸
  • General meeting, 27-09-2022
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Auditor appointment, Deloitte Bedrijfsrevisoren/Reviseurs d'Entreprises (statutory auditor)
  • Permanent representative, VROLIX Maurice
  • Permanent representative, VANDEWEYER Ben
  • Power of attorney, LALLEMAND Fabienne
  • Power of attorney, STAS Sarah
30-08
State Gazette act Capital & shares
Sole-shareholder declaration2 facts ▸
  • Board meeting, 01-06-2022
  • Sole-shareholder declaration, Alle aandelen geconcentreerd in de hand van één aandeelhouder
21-02
State Gazette act Resignation: Erwin Vandervelde (director)
Appointments: Eric Janssens, Nadine Aerts and 2 others · Reappointments: Van den Eynde Management, Gvanhoye and 4 others · Permanent representatives: Erik Van den Eynde, Geert Van Hoye and 4 others38 facts ▸
  • General meeting, 14-01-2022
  • Director resignation, Erwin Vandervelde (director)
  • Director appointment, Eric Janssens (director)
  • Director appointment, Nadine Aerts (director)
  • Director appointment, Hector Vermeersch (director)
  • Director appointment, Piet Vandenbussche (director)
  • Mandate compensation, Eric Janssens
  • Mandate compensation, Nadine Aerts
  • Mandate compensation, Hector Vermeersch
  • Mandate compensation, Piet Vandenbussche
  • Director reappointment, Van den Eynde Management (director)
  • Permanent representative, Erik Van den Eynde
  • +26 further facts in this act
2021
30-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-05
Financial Equity above €2mEq €2.8m ▲93.7%
3 profitable years in a row build equity to €2.8m.
26-02
State Gazette act Appointments: GVANHOYE, D. ALEN and 5 others
Permanent representatives: VAN HOYE Geert, ALEN David and 4 others · Reappointments: GVANHOYE (managing director) and D. ALEN (managing director) · Statutes amendment22 facts ▸
  • General meeting, 08-01-2021
  • Statutes amendment
  • Capital, €62.000
  • Guarantee, De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hy…
  • Director resignation, director and managing director
  • Director appointment, GVANHOYE (non-statutory director)
  • Permanent representative, VAN HOYE Geert
  • Director appointment, D. ALEN (non-statutory director)
  • Permanent representative, ALEN David
  • Director appointment, K. DE BONDT (non-statutory director)
  • Permanent representative, DE BONDT Katelijne
  • Director appointment, VANDERVELDE Erwin (non-statutory director)
  • +10 further facts in this act
2020
23-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-05
Financial Equity above €1mEq €1.5m ▲547%
2 profitable years in a row build equity to €1.5m.
2019
26-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
08-04
State Gazette act Appointments: D. ALEN BVBA, Van den Eynde Erik and Vanheusden Tom
5 facts ▸
  • Board meeting, 11-03-2019
  • General meeting, 11-03-2019
  • Director appointment, D. ALEN BVBA (managing director)
  • Director appointment, Van den Eynde Erik (director)
  • Director appointment, Vanheusden Tom (director)
2018
15-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
20-09
State Gazette act Appointment: Vandervelde Erwin (bijkomende bestuurder)
Permanent representative: Van Hoye Geert3 facts ▸
  • General meeting, 23/08/2018
  • Director appointment, Vandervelde Erwin (bijkomende bestuurder)
  • Permanent representative, Van Hoye Geert
2017
24-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
06-12
State Gazette act Reappointments: Gvanhoye BVBA, D. Alen BVBA and K. De Bondt BVBA
Permanent representatives: Van Hoye Geert, Alen David and De Bondt Katelijne · Resignation: Van Hemeiryck Guido (director) · Director discharge11 facts ▸
  • General meeting, 08/11/2016
  • Director reappointment, Gvanhoye BVBA (director)
  • Director reappointment, D. Alen BVBA (director)
  • Director reappointment, K. De Bondt BVBA (director)
  • Permanent representative, Van Hoye Geert
  • Permanent representative, Alen David
  • Permanent representative, De Bondt Katelijne
  • Director resignation, Van Hemeiryck Guido (director)
  • Director discharge, Van Hemeiryck Guido
  • Board meeting, 08/11/2016
  • Director reappointment, Gvanhoye BVBA (managing director)
2014
17-11
State Gazette act Permanent representative: Van Hoye Geert
Registered-office move3 facts ▸
  • Board meeting, 10-10-2014
  • Registered-office move, 1130 BRUSSEL (HAREN), SINT-STEVENS-WOLUWESTRAAT 55
  • Permanent representative, Van Hoye Geert
2012
18-01
State Gazette act Reappointment: Guido Van Hemelryck (director)
Statutes amendment · Capital · Share cancellation6 facts ▸
  • General meeting, 23-12-2011
  • Statutes amendment
  • Capital, €62.000
  • Share cancellation, Vernietiging van de aandelen aan toonder
  • Director reappointment, Guido Van Hemelryck (director)
  • Share conversion, Omzetting van alle aandelen aan toonder in aandelen op naam en melding in het aandelenregister
2011
25-08
State Gazette act Resignations: Alen David, De Bondt Katelijne and Van Hoye Geert
Appointments: Gvanhoye BVBA, D. Alen BVBA and K. De Bondt BVBA · Permanent representatives: Van Hoye Geert, Alen David and De Bondt Katelijne13 facts ▸
  • General meeting, 01-08-2011
  • Director resignation, Alen David (director)
  • Director resignation, De Bondt Katelijne (director)
  • Director resignation, Van Hoye Geert (director)
  • Director appointment, Gvanhoye BVBA (director)
  • Permanent representative, Van Hoye Geert
  • Director appointment, D. Alen BVBA (director)
  • Permanent representative, Alen David
  • Director appointment, K. De Bondt BVBA (director)
  • Permanent representative, De Bondt Katelijne
  • Board meeting, 01-08-2011
  • Director resignation, Van Hoye Geert (managing director)
  • +1 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
18 of 18 acts read

Directors · office · real estate

Directors
22 directors, 2 in day-to-day management, no change since 2026

Board 22

GVANHOYE
Voorzitter raad van bestuur · since 04-05-2023 · Private limited company · perm. rep.: VAN HOYE Geert
Current
ELLEZÉ CommV
Voorzitter raad van bestuur · since 09-02-2026 · Legal entity
Current
D. Alen
Non-statutory director · since 08-01-2021 · Private limited company · perm. rep.: ALEN David
Current
I. JANSSENS
Non-statutory director · since 08-01-2021 · Private limited company · perm. rep.: Inge Janssens
Current
K. DE BONDT
Non-statutory director · since 08-01-2021 · Private limited company (pre-2019) · perm. rep.: DE BONDT Katelijne
Current
T. Vanheusden
Non-statutory director · since 08-01-2021 · Private limited company · perm. rep.: VANHEUSDEN Tom
Current
Van den Eynde Management
Non-statutory director · since 08-01-2021 · Private limited company · perm. rep.: Erik Van den Eynde
Current
D. Alen
Director · since 14-01-2022 · Legal entity · perm. rep.: David Alen
Current
Show all 22 directors
Gvanhoye
Director · since 14-01-2022 · Legal entity · perm. rep.: Geert Van Hoye
Current
I. Janssens
Director · since 14-01-2022 · Legal entity · perm. rep.: Inge Janssens
Current
K. De Bondt
Director · since 14-01-2022 · Legal entity · perm. rep.: Katelijne De Bondt
Current
T. Vanheusden
Director · since 14-01-2022 · Legal entity · perm. rep.: Tom Vanheusden
Current
Van den Eynde Management
Director · since 14-01-2022 · Legal entity · perm. rep.: Erik Van den Eynde
Current
Keroto
Director · since 07-06-2025 · Private limited company · perm. rep.: Tom Saeys
Current
Kuvano
Director · since 07-06-2025 · Private limited company · perm. rep.: Kurt Van Oevelen
Current
Lejak
Director · since 07-06-2025 · Private limited company · perm. rep.: Sebastiaan Peeters
Current
ELLEZÉ
Director · since 01-10-2025 · Limited partnership · perm. rep.: Jakob Verdonck
Current
Taboe Consulting
Director · since 01-10-2025 · Private limited company · perm. rep.: Dominica Tassent
Current
DMO Consult
Director · since 09-02-2026 · Private limited company · perm. rep.: David Moerman
Current
D. ALEN BV
Director · Legal entity
Current
Van den Eynde Management BV
Director · Legal entity
Current
MACODER
Non-statutory director · since 26-02-2021 · Legal entity · from a recent act
Current
6 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
D. Alen BVBA
Director · since 01-08-2011 · Legal entity · perm. rep.: Alen David
Not recently confirmed
Gvanhoye BVBA
Director · since 01-08-2011 · Legal entity · perm. rep.: Van Hoye Geert
Not recently confirmed
K. De Bondt BVBA
Director · since 01-08-2011 · Legal entity · perm. rep.: De Bondt Katelijne
Not recently confirmed
Guido Van Hemelryck
Director · since 08-11-2011
Not recently confirmed
Erik Van den Eynde
Director · since 01-04-2019
Not recently confirmed
Tom Vanheusden
Director · since 01-04-2019
Not recently confirmed

Day-to-day management 2

D. Alen
Managing director · since 08-01-2021 · Private limited company · perm. rep.: ALEN David
Current
Van den Eynde Management
Managing director · since 09-02-2026 · Private limited company · perm. rep.: Erik Van den Eynde
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Gvanhoye BVBA
Managing director · since 01-08-2011 · Legal entity · perm. rep.: Van Hoye Geert
Not recently confirmed
D. Alen BVBA
Managing director · since 01-04-2019 · Legal entity · perm. rep.: Alen David
Not recently confirmed

Permanent representatives 12

David Alen
Permanent representative · since 14-01-2022 · for D. Alen
Current
Erik Van den Eynde
Permanent representative · since 14-01-2022 · for Van den Eynde Management
Current
Inge Janssens
Permanent representative · since 14-01-2022 · for I. Janssens
Current
Katelijne De Bondt
Permanent representative · since 14-01-2022 · for K. De Bondt
Current
Tom Vanheusden
Permanent representative · since 14-01-2022 · for T. Vanheusden
Current
VAN HOYE Geert
Permanent representative · since 04-05-2023 · for GVANHOYE
Current
Kurt Van Oevelen
Permanent representative · since 07-06-2025 · for Kuvano
Current
Sebastiaan Peeters
Permanent representative · since 07-06-2025 · for Lejak
Current
Show all 12 representatives
Tom Saeys
Permanent representative · since 07-06-2025 · for Keroto
Current
Dominica Tassent
Permanent representative · since 01-10-2025 · for Taboe Consulting
Current
Jakob Verdonck
Permanent representative · since 01-10-2025 · for ELLEZÉ
Current
David Moerman
Permanent representative · since 09-02-2026 · for DMO Consult
Current

Statutory auditor 1

Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
Auditor · since 25-04-2022 · perm. rep.: Ben Vandeweyer
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
3.7 ha
Building footprint
1.0 ha
Volume, LiDAR
33,263 m³
Parcel 23015B0092/00R000, Flanders · tallest building 23.9 m, ±7 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Culliganlaan 1, 1831 Machelen (Brab.)
NACE 74131
since 19972.049.416.394
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23015B0092/00R000 Flanders 3.7 ha 2 · 1.0 ha 23.9 m · 7 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.

Mandate history

46 people since 2011, 29 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
D. Alen
  • Non-statutory director, from 08-01-2021 to date
  • Managing director, already before 08-01-2021 to date
GVANHOYE
  • Non-statutory director, from 08-01-2021 ended, last mentioned 26-02-2021
  • Managing director, already before 08-01-2021 to 04-05-2023
  • Voorzitter raad van bestuur, from 04-05-2023 to date
I. JANSSENS
  • Non-statutory director, from 08-01-2021 to date
K. DE BONDT
  • Non-statutory director, from 08-01-2021 to date
T. Vanheusden
  • Non-statutory director, from 08-01-2021 to date
Van den Eynde Management
  • Non-statutory director, from 08-01-2021 to date
  • Managing director, from 09-02-2026 to date
MACODERfrom an act
  • Non-statutory director, from 26-02-2021 to date
D. Alen
  • Director, already before 14-01-2022 to date
Gvanhoye
  • Director, already before 14-01-2022 to date
I. Janssens
  • Director, already before 14-01-2022 to date
K. De Bondt
  • Director, already before 14-01-2022 to date
T. Vanheusden
  • Director, already before 14-01-2022 to date
Van den Eynde Management
  • Director, already before 14-01-2022 to date
D. ALEN BV
  • Director, already before 03-09-2024 to date
Van den Eynde Management BV
  • Director, already before 03-09-2024 to date
Keroto
  • Director, from 07-06-2025 to date
Kuvano
  • Director, from 07-06-2025 to date
Lejak
  • Director, from 07-06-2025 to date
ELLEZÉ
  • Director, from 01-10-2025 to date
Taboe Consulting
  • Director, from 01-10-2025 to date
DMO Consult
  • Director, from 09-02-2026 to date
ELLEZÉ CommV
  • Voorzitter raad van bestuur, from 09-02-2026 to date
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
  • Auditor, from 25-04-2022 to date
D. Alen BVBA
  • Director, from 01-08-2011 not ended, last confirmed 06-12-2016
  • Managing director, from 01-04-2019 not ended, last confirmed 08-04-2019
Gvanhoye BVBA
  • Director, from 01-08-2011 not ended, last confirmed 06-12-2016
  • Managing director, from 01-08-2011 not ended, last confirmed 06-12-2016
K. De Bondt BVBA
  • Director, from 01-08-2011 not ended, last confirmed 06-12-2016
Guido Van Hemelryck
  • Director, already before 08-11-2011 not ended, last confirmed 18-01-2012
Erik Van den Eynde
  • Director, from 01-04-2019 not ended, last confirmed 08-04-2019
Tom Vanheusden
  • Director, from 01-04-2019 not ended, last confirmed 08-04-2019
Eric Janssens
  • Director, from 14-01-2022 to 08-02-2026
  • Voorzitter raad van bestuur, until 04-05-2023
GVANHOYE BV
  • Director, already before 03-09-2024 to 08-02-2026
  • Voorzitter raad van bestuur, until 08-02-2026
TAVOE CONSULTING BV
  • Director, until 08-02-2026
Keroto BV
  • Director, until 30-09-2025
Kurt Van Oevelen
  • Director, from 08-06-2024 to 07-06-2025
Nadine Aerts
  • Director, from 14-01-2022 to 07-06-2025
SAEYS Tom
  • Director, from 08-06-2024 to 07-06-2025
T. Vanheusden BV
  • Director, already before 03-09-2024 to 31-05-2025
Hector Vermeersch
  • Director, from 14-01-2022 to 08-06-2024
  • Director, until 08-06-2024
K. DE BONDT BV
  • Director, until 08-06-2024
  • Director, until 08-06-2024
Piet Vandenbussche
  • Director, from 14-01-2022 to 08-06-2024
  • Director, until 08-06-2024
I. JANSSENS BV
  • Director, until 01-09-2023
VANDERVELDE Erwin
  • Bijkomende bestuurder, from 01-09-2018 to 01-01-2022
Van Hemeiryck Guido
  • Director, until 08-11-2016
David Alen
  • Director, until 01-08-2011
Geert Van Hoye
  • Director, until 01-08-2011
  • Managing director, until 01-08-2011
Katelijne De Bondt
  • Director, until 01-08-2011
See the board, name and seat on a given date →

Articles of association

Purpose
1. het vervullen van de wettelijke formaliteiten in naam en voor rekening van de aangesloten werkgevers... 2. het verlenen van informatie en bijstand... 3. het verlenen van advies…
Full purpose

1. het vervullen van de wettelijke formaliteiten in naam en voor rekening van de aangesloten werkgevers... 2. het verlenen van informatie en bijstand... 3. het verlenen van advies aan werkgevers inzake personeelsaangelegenheden... 4. het verlenen van advies, informatie en bijstand inzake fiscale en juridische aangelegenheden...

Structure & network

Part of the group SD 20 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. SD PATRIMONIUM 59.14%
  2. WorxInvest Subholding 100%
  3. SD Worx 100%
  4. SD WORX PEOPLE SOLUTIONS 100%
  5. SD Worx People Solutions 100%
  6. PRO - PAY

Highest known parent: SD PATRIMONIUM. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of PRO - PAY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

4 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
LOON EN WEDDEBEHEER
Shared director
→
SODECO
Shared director
→
T. Vanheusden
Shared director
→
PROTIME
Shared corporate director
→

Capital and shareholders

Capital over the years
  1. 26-02-2021 Capital stated in 2 acts · 62,000 EUR · 250 shares

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 9,000 EUR awarded · 9,000 EUR paid
Year Entries awardedpaid
2024 1 9,000 EUR9,000 EUR
Schemes
1 entry · 9,000 EUR · 9,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

967600QBBFH61LVM7653
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 1,400 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded24-07-1990
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441366430
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

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