Equity
€1.2m from €3.6m in 2022
Equity fell by 66% in 3 years.
PRO - PAY
Part of the group
36 companies in 5 countries
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €6.9m (2025)
€6.9m▲ 8.5%
peak €1.9m (2023)
€1.7m▼ 4.8%
peak €3.6m (31-12-2022)
€1.2m▲ 3.3%
€3.6m▼ 15.3%
peak 57.5 FTE (2025)
57.5 FTE▲ 12.7%
Board29 names since 2011all names
10 directors and 9 others
Owners2 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
08-06-202653 days before the deadline
2025abbreviated format
Staff from 51 FTE to 57.5 FTE2 directors appointed, 1 resignation 08-103 directors appointed, 4 resignations 03-07Dividend €1.7mDebts from €4.3m to €3.6m
Key points
from the 2025 annual accountsDebts
€3.6m 75% of the balance sheet
Financial debts 9%Suppliers 14%Taxes and wages 25%Other 51%
Of this, €3.2m falls due within a year.
Staff
59 employees on 31-12-2025
In 2025, 23 people joined and 20 left.
Filings
33 annual accounts 34 filings since 1992
The last five annual accounts were filed 31 to 53 days before the end of the period.
Board
2 joined · 2 left
Board changed. Latest change 09-02-2026 · 8 in office.
Position in the sector
€1.7m
Higher net result than 95% of companies in office administrative support. Sector median €30,469 · 2,841 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 377 companies had the same profile as PRO - PAY has now. Each dot is one company, two years later.
97.3%
were still trading
2.4%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 377 companies, not a prediction for PRO - PAY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Chair,
Chair,
Managing director,
Managing director,
Director, , since 07-06-2025
Auditor,
- 100%equity €346.7m (2023) · annual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441366430
Permanent representative:
General meeting of 12-06-2026 · Gazette deed
3 directors appointed, 3 resignations
Resignations: , (chair of the board) and · Appointments: , (chair of the board) and (managing director) · Director discharge: · General meeting of 05-02-2026 · Gazette deed
2 directors appointed, 1 resignation
Resignation: · Permanent representatives: , , , , , and 2 others · Appointments: and · General meeting of 19-09-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PRO - PAY Machelen (Brab.) | - | - | 25.3% | 57.5 |
| CONAC Brussels | - | - | 44.5% | 34.6 |
| PKF Bofidi Services Ghent | €12.5m | 12.3% | 38.9% | 38.5 |
| COMPRESSOR SPARE PARTS Ans | - | - | 69.5% | 36.9 |
| JOSEPH BAIJOT ET FILS Gedinne | - | - | 55.7% | 37.5 |
| Centre de gestion sociale Anderlecht | €3.4m | 19.0% | 67.7% | 31.2 |
| ARCHITECTENBUREAU JASPERS - EYERS & PARTNERS Hasselt | - | - | 62.3% | 32 |
These companies have the same main activity as PRO - PAY: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €2m and €12m, founded between 1974 and 1991.
Official details
Source: KBO- Status
- Active since 24-07-1990Normal situation
- Activity
- Office administrative and support servicesNACE 82100
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.049.416.3941831 Machelen (Brab.), since 18-08-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €11.0mestimated
- €4.8m▼ 11.3%
- Employeeson 31-12-2025
- 59▲ 5.4%
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Companies linked to PRO - PAY
Parent and group
Insights on PRO - PAY
PRO - PAY files the abbreviated format. That format states no turnover. The gross margin rose from €1.3m in 2007 to €6.9m in 2025.
holds all the shares. In June 2025, three directors stepped down. In February 2026, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PRO - PAY
- What is the company number of PRO - PAY?
- The company number of PRO - PAY is 0441.366.430. The VAT number is the same number with BE in front: BE 0441.366.430.
- Where is PRO - PAY based?
- The registered office is at Culliganlaan 1A, 1831 Machelen (Brab.).Company details
- What does PRO - PAY do?
- According to the KBO register, the main activity is office administrative and support services (NACE 82100).
- What is the legal form of PRO - PAY?
- PRO - PAY is a public limited company (NV).
- When was PRO - PAY founded?
- PRO - PAY was founded on 24-07-1990.
- Is PRO - PAY still active?
- Yes, PRO - PAY is an active enterprise in the KBO register.
- How many employees does PRO - PAY have?
- PRO - PAY had an average of 57.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PRO - PAY fall under?
- In its 2025 annual accounts, PRO - PAY states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PRO - PAY?
- The turnover in financial year 2025 is ≈ €11.0m. This figure is estimated from the gross margin of €6.9m and 40 comparable companies (NACE 82). It probably lies between €8.0m and €16.0m.
- Is PRO - PAY profitable?
- In financial year 2025, PRO - PAY made a profit of €1.7m.
- Where can I find the annual accounts of PRO - PAY?
- PRO - PAY filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PRO - PAY due?
- PRO - PAY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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