PRO - PAY

Active Public limited companyfounded 1990active for 36 yearsCulliganlaan 1A, 1831 Machelen (Brab.)KBO/BCE: BE 0441.366.430 subsidiary of #6 company by staff growth in Flemish Brabant, Office administrative support sector

PRO - PAY

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Overview

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992

Compare with

peak €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 accounts

Equity

€1.2m from €3.6m in 2022

Equity fell by 66% in 3 years.

Debts

€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

Medium-sized
20 years or older
solvency 10 to 30%
a profit of 5% of the balance sheet or more

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.

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair,

Managing director,

Director, , since 07-06-2025

Auditor,

and 3 others

100%equity €346.7m (2023) · annual accounts 2025

Board & ownership

Recent changes

21-10-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0441366430

16-07-2026

Permanent representative: General meeting of 12-06-2026 · Gazette deed

27-02-2026

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

08-10-2025

2 directors appointed, 1 resignation Resignation: · Permanent representatives: , , , , , and 2 others · Appointments: and · General meeting of 19-09-2025 · Gazette deed

All 60 events

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

Company details

Annual accounts 2025

: €6.9m▲ 8.5%
: ≈ €11.0mestimated
: €1.7m▼ 4.8%
: €1.2m▲ 3.3%
: €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

Financials

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.

Financials

Annual accounts 2025

abbreviated format, filed on 08-06-2026, 53 days before the deadline

€6.9m

▲ 8.5%

€2.4m

▼ 4.6%

€1.7m

▼ 4.8%

€1.1m

▼ 5.6%

25.3%

▲ 3.6 percentage points

1.35

▲ 0.03

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €11.0m. Estimated: probably between €8.0m and €16.0m.

In the rankings #6 company by staff growth in Flemish Brabant, Office administrative support sector

Balance sheet

balance sheet total €4.8m on 31-12-2025

What the company ownsHow it is paid for

in €m

Position in the sector

Compare with sector

25.3%

Higher than 34% of 2,842 companies in 2025.

1.35

Higher than 48% of 2,749 companies in 2025.

36.0%

Higher than 93% of 2,800 companies in 2025.

PRO - PAY Middle half of the sector 80% of the sector Abbreviated accounts in office administrative support (NACE 82)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

€73,117

Staff costs divided by the average number of full-time equivalents.

+3 people

people who joined people who left

In 2025, 23 people joined and 20 left. Training hours in 2025: 2,283.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	31-12-20227 months	31-05-2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	4.8m	5.4m	6.1m	6.9m	6.3m	4.5m	4.1m	3.0m	3.1m	3.0m	2.5m	2.6m	2.3m	1.8m	1.5m	1.3m	1.4m	1.2m	1.2m	1.2m
`21/28`	496,796	561,339	90,023	58,360	75,300	125,305	248,550	255,550	241,461	124,131	155,199	213,858	74,240	36,649	34,086	34,045	32,907	53,799	68,254	72,361
`21`	13,882	27,803	41,723	0	1,620	4,144	7,601	3,717	3,701	1,667	8,333	10,000	640	5,061	12,719	10,950	-	3,185	13,240	23,434
`22/27`	482,572	533,070	48,175	58,235	73,555	121,037	240,825	251,708	237,635	122,339	146,741	203,733	73,475	31,463	21,242	23,095	32,907	50,614	55,014	48,927
`23`	75,871	33,577	31,262	23,377	21,524	17,728	34,235	46,692	12,765	16,514	13,576	35,578	63,358	16,234	8,167	6,699	11,864	22,224	20,177	25,207
`24`	4,939	5,586	12,229	34,262	49,498	73,301	146,623	112,789	143,470	3,584	8,993	13,785	10,117	15,228	13,075	16,396	21,043	28,390	34,837	22,122
`25`	394,434	478,956	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`26`	7,328	14,951	4,684	597	2,532	30,007	59,966	92,227	81,400	102,242	124,172	154,370	-	-	-	-	-	-	-	-
`28`	342	467	125	125	125	125	125	125	125	125	125	125	125	125	125	-	-	-	-	-
`29/58`	4.3m	4.9m	6.1m	6.8m	6.3m	4.4m	3.8m	2.7m	2.8m	2.9m	2.4m	2.4m	2.2m	1.8m	1.5m	1.3m	1.4m	1.1m	1.2m	1.1m
`3`	-	-	-	-	-	-	-	-	-	-	-	-	-	17,990	273,521	236,649	244,599	138,971	224,383	166,243
`37`	-	-	-	-	-	-	-	-	-	-	-	-	-	17,990	273,521	236,649	244,599	138,971	224,383	166,243
`40/41`	2.2m	2.2m	2.3m	1.7m	1.6m	1.4m	1.5m	1.5m	1.2m	1.2m	944,154	1.1m	1.0m	869,656	387,619	340,950	324,944	470,147	399,686	489,387
`40`	2.1m	2.2m	2.3m	1.7m	1.6m	1.4m	1.5m	1.5m	1.2m	1.2m	944,154	1.1m	1.0m	869,656	378,755	340,950	324,944	470,147	399,686	489,387
`41`	48,189	621	-	-	-	-	7,388	-	-	-	-	156	440	-	8,863	-	-	-	-	-
`50/53`	41,197	61,621	81,778	309,606	309,072	302,907	299,462	281,085	256,905	69,863	110,663	107,449	104,550	102,000	100,000	-	-	-	-	-
`54/58`	2.0m	2.6m	3.6m	4.8m	4.4m	2.7m	2.0m	908,825	1.3m	1.6m	1.3m	1.1m	999,157	770,653	667,235	690,903	807,813	476,414	504,283	417,974
`490/1`	141,850	88,381	61,676	43,419	37,884	37,848	34,079	49,479	59,466	53,253	38,460	48,551	48,050	43,370	36,020	30,280	27,490	26,466	31,545	48,078
Balance sheet: equity and liabilities
`10/49`	4.8m	5.4m	6.1m	6.9m	6.3m	4.5m	4.1m	3.0m	3.1m	3.0m	2.5m	2.6m	2.3m	1.8m	1.5m	1.3m	1.4m	1.2m	1.2m	1.2m
`10/15`	1.2m	1.2m	1.6m	3.6m	2.7m	2.8m	1.5m	226,534	224,111	219,932	214,788	201,941	201,548	200,915	194,701	192,223	184,488	82,293	78,247	69,375
`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
`10`	62,000	62,000	62,000	62,000	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
`13`	1.2m	1.1m	1.5m	3.5m	2.6m	2.8m	1.4m	164,534	162,111	157,932	152,788	139,941	139,548	138,915	132,701	130,223	122,488	20,293	16,247	7,375
`130/1`	6,200	6,200	6,200	6,200	6,200	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`133`	1.2m	1.1m	1.5m	3.5m	2.6m	2.8m	1.4m	158,334	155,911	151,732	146,588	133,741	133,348	132,715	126,501	124,023	116,288	14,093	10,047	1,175
`14`	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`16`	-	-	-	-	-	-	-	-	-	-	-	-	21,079	-	-	-	-	-	-	-
`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	21,079	-	-	-	-	-	-	-
`17/49`	3.6m	4.3m	4.6m	3.3m	3.7m	1.6m	2.6m	2.7m	2.8m	2.8m	2.3m	2.4m	2.0m	1.6m	1.3m	1.1m	1.3m	1.1m	1.1m	1.1m
`17`	316,216	395,790	-	0	8,020	31,930	71,120	32,192	70,426	2,165	27,868	53,069	-	-	-	-	-	16,515	113,294	215,009
`170/4`	316,216	395,790	-	0	8,020	31,930	71,120	32,192	70,426	2,165	27,868	53,069	-	-	-	-	-	16,515	113,294	215,009
`42/48`	3.2m	3.7m	4.4m	3.1m	3.4m	1.4m	2.3m	2.5m	2.5m	2.5m	2.0m	2.1m	1.9m	1.5m	1.2m	952,306	1.2m	1.0m	1.0m	744,580
`42`	79,574	75,257	0	18,010	23,909	39,191	40,148	86,874	64,815	25,703	25,200	24,704	-	12,638	-	204,223	167,541	130,780	182,788	122,421
`43`	-	-	-	0	150,350	150,350	262,883	262,910	250,000	175,424	-	-	100,000	200,000	-	-	-	-	-	8,524
`430/8`	-	-	-	0	150,350	150,350	262,883	262,910	250,000	175,424	-	-	100,000	200,000	-	-	-	-	-	8,524
`44`	521,880	516,337	594,783	449,424	633,650	591,064	456,936	410,606	359,954	396,549	373,364	410,263	451,923	335,922	299,401	44,711	73,008	193,473	161,182	141,234
`440/4`	521,880	516,337	594,783	449,424	633,650	591,064	456,936	410,606	359,954	396,549	373,364	410,263	451,923	335,922	299,401	44,711	73,008	193,473	161,182	141,234
`45`	918,379	913,592	813,398	735,618	638,503	572,009	652,932	606,246	520,848	593,158	818,184	719,458	606,540	546,160	455,174	303,372	603,499	454,023	440,540	282,402
`450/3`	390,796	480,068	372,248	385,333	267,484	143,311	145,246	179,415	152,003	257,752	525,261	422,106	357,946	332,438	290,136	117,628	303,849	183,052	232,034	167,165
`454/9`	527,583	433,525	441,150	350,286	371,019	428,698	507,686	426,832	368,845	335,407	292,923	297,352	248,595	213,722	165,039	185,744	299,650	270,971	208,506	115,237
`47/48`	1.7m	2.2m	3.0m	1.9m	1.9m	-	857,150	1.1m	1.3m	1.3m	800,000	904,325	746,625	445,000	440,000	400,000	400,000	270,000	240,000	190,000
`492/3`	74,530	164,019	179,141	166,867	277,173	265,327	288,100	245,533	262,723	287,941	272,484	250,540	131,618	99,684	109,203	188,298	9,218	18,714	12,099	165,079
Income statement
`76A`	70,086	0	2,238	-	-	14,920	-	-	-	-	-	-	-	-	690	-	-	-	-	-
`9900`	6.9m	6.4m	6.1m	3.1m	5.3m	4.8m	4.7m	4.4m	3.8m	3.5m	3.2m	2.9m	2.5m	2.2m	1.9m	1.8m	1.8m	1.5m	1.7m	1.3m
`62`	4.2m	3.6m	3.4m	1.7m	2.7m	2.7m	2.7m	2.6m	2.3m	2.0m	1.8m	1.8m	1.6m	1.4m	1.2m	1.1m	987,802	1.0m	1.2m	892,778
`630`	119,058	65,859	31,472	26,263	72,572	127,905	132,572	127,581	84,273	49,521	78,296	94,767	57,516	30,582	18,104	19,316	22,547	32,225	34,708	45,603
`631/4`	13,543	14,240	-761	-1,266	19,597	761	-	-1,084	-	-	-	1,653	720	-	1,084	-	-	1,293	-	745
`635/8`	-	-	-	-	-	-	-	-	-	-	-	-21,079	21,079	-	-	-	-	-	-	-
`640/8`	108,665	80,532	85,306	47,035	57,823	69,217	30,866	34,325	31,235	37,469	27,710	28,475	8,944	6,840	9,975	6,329	4,819	500	4,847	14
`66A`	-	0	600	51	-	-	-	-	-	-	-	-	-	1,361	-	-	-	-	-	-
`9901`	2.4m	2.6m	2.5m	1.3m	2.4m	1.9m	1.8m	1.6m	1.4m	1.4m	1.3m	1.0m	822,828	723,180	702,610	679,162	779,537	467,725	457,832	350,309
`75/76B`	4,692	2,826	40,368	1,929	9,812	19,359	10,406	677	1,973	5,524	5,543	9,217	7,243	7,938	13,756	6,504	49,274	26,092	2,647	10,002
`75`	4,692	2,826	40,149	418	9,635	4,439	10,406	677	1,973	5,524	5,543	9,217	7,243	7,938	13,756	6,504	49,274	26,092	2,647	10,002
`76B`	-	0	218	1,511	177	14,920	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	95,151	73,283	39,343	15,284	28,360	33,427	38,050	42,357	36,146	12,744	8,446	18,909	3,381	7,719	10,102	34,111	32,100	51,145	55,246	36,428
`65`	95,151	73,283	39,343	15,284	28,360	33,427	38,050	42,357	36,146	12,744	8,446	18,909	3,381	7,719	10,102	34,111	32,100	51,145	55,246	36,428
`9903`	2.4m	2.5m	2.5m	1.3m	2.4m	1.9m	1.8m	1.6m	1.4m	1.4m	1.3m	1.0m	826,690	722,037	706,954	651,555	796,710	442,672	405,233	323,883
`67/77`	617,926	667,814	676,703	344,953	646,513	516,063	570,043	497,773	511,998	500,123	467,708	372,607	313,057	270,824	264,476	243,820	294,515	168,626	156,361	126,952
`9904`	1.7m	1.8m	1.9m	925,300	1.8m	1.4m	1.2m	1.1m	894,179	885,145	812,847	635,394	513,633	451,214	442,478	407,735	502,196	274,046	248,872	196,931
`9905`	1.7m	1.8m	1.9m	925,300	1.8m	1.4m	1.2m	1.1m	894,179	885,145	812,847	635,394	513,633	451,214	442,478	407,735	502,196	274,046	248,872	196,931
Appropriation of the result
`9906`	1.7m	1.8m	1.9m	925,300	1.8m	1.4m	1.2m	1.1m	894,179	885,145	812,847	635,394	513,633	451,214	442,478	407,735	502,196	274,046	248,872	197,251
`791/2`	0	373,620	2.0m	0	169,245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	38,697	-	0	925,300	-	1.4m	1.2m	2,424	4,179	5,145	12,847	394	633	6,214	2,478	7,735	102,196	4,046	8,872	7,251
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,076
`6921`	38,697	-	0	925,300	-	1.4m	1.2m	2,424	4,179	5,145	12,847	394	633	6,214	2,478	7,735	102,196	4,046	8,872	1,175
`694/7`	1.7m	2.2m	3.9m	0	1.9m	-	-	1.1m	890,000	880,000	800,000	635,000	513,000	445,000	440,000	400,000	400,000	270,000	240,000	190,000
`694`	1.7m	2.2m	3.9m	0	1.9m	-	-	1.1m	890,000	880,000	800,000	635,000	513,000	445,000	440,000	400,000	400,000	270,000	240,000	190,000
Social balance sheet
`9087`	57.5	51	49.6	43.6	40	38.5	41	38.6	32.9	30.1	28.4	27.1	23.7	22.6	19.2	19.8	19.5	19.5	17.5	16.1
Hours worked`1013`	85,148	75,530	69,255	36,894	59,004	57,812	62,111	59,890	51,507	47,999	45,238	41,384	37,285	35,155	29,260	30,783	29,397	29,397	27,080	23,818
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 14 older financial years (1992-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 25 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 08-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	08-06-2026	2026-00144404	PDF
31-12-2024	abbreviated format	10-06-2025	2025-00138771	PDF
31-12-2023	abbreviated format	13-06-2024	2024-00134621	PDF
31-12-2022	abbreviated format	08-06-2023	2023-00116560	PDF
31-05-2022	abbreviated format	06-12-2022	2022-20533461	PDF
31-05-2021	abbreviated format	30-11-2021	2021-78900422	PDF
31-05-2020	abbreviated format	23-12-2020	2020-76900044	PDF
31-05-2019	abbreviated format	26-11-2019	2019-74400308	PDF
31-05-2018	abbreviated format	15-11-2018	2018-72200293	PDF
31-05-2017	abbreviated format	24-11-2017	2017-70300583	PDF
31-05-2016	abbreviated format	10-11-2016	2016-67800200	PDF
31-05-2015	abbreviated format	17-11-2015	2015-66900590	PDF
31-05-2014	abbreviated format	17-11-2014	2014-67100362	PDF
31-05-2013	abbreviated format	14-11-2013	2013-66100071	PDF
31-05-2012	abbreviated format	04-12-2012	2012-65800250	PDF
31-05-2011	abbreviated format	09-12-2011	2011-63400336	PDF
31-05-2010	abbreviated format	24-12-2010	2010-64600085	PDF
31-05-2009	abbreviated format	17-12-2009	2009-89300315	PDF
31-05-2008	abbreviated format	08-12-2008	2008-84300142	PDF
31-05-2007	abbreviated format	07-12-2007	2007-82400323	PDF
31-05-2006	abbreviated format	04-12-2006	2006-89700687	PDF
31-05-2005	abbreviated format	29-12-2005	2005-92401112	PDF
31-05-2004	abbreviated format	26-11-2004	2004-80600242	PDF
31-05-2003	abbreviated format	27-11-2003	2003-80200238	PDF
31-05-2002	abbreviated format	13-12-2002	2002-76300145	PDF
31-12-2000	full format	05-07-2001	2001-35201567	PDF
31-12-1999	full format	18-09-2000	2000-57403110	PDF
31-12-1998	full format	16-11-1999	1999-58702337	PDF
31-12-1997	full format	16-09-1998	1998-46902570	PDF
31-12-1996	full format	07-10-1997	1997-47604797	PDF
31-12-1995	full format	05-09-1996	1996-42504794	PDF
31-12-1994	full format	29-09-1995	1995-51500620	PDF
31-12-1993	full format	08-09-1994	1994-38900899	PDF
31-12-1992	full format	03-11-1993	1993-41900259	PDF

Subsidies and aid

Flemish government 2024, 1 entry, €9,000 awarded, €9,000 paid

Werkbaarheidscheque (discontinued)

€9,000

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	31-12-20227 months	31-05-2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
2.6m	2.6m	2.6m	1.3m	2.5m	2.0m	2.0m	1.8m	1.5m	1.4m	1.4m	1.1m	880,343	753,762	720,714	698,479	802,084	499,950	492,540	395,911
1.9m	1.9m	1.9m	951,563	1.8m	1.5m	1.4m	1.2m	978,452	934,665	891,142	730,161	571,148	481,796	460,582	427,052	524,743	306,271	283,580	242,534
54,640	538,924	71,121	9,324	22,567	4,660	125,573	141,670	201,603	18,453	19,636	234,889	95,106	33,145	19,731	20,454	1,655	17,770	30,601	12,256
-570,541	-1.0m	-1.2m	447,418	1.7m	620,458	1.1m	-362,431	-309,222	297,067	150,727	133,528	228,503	103,418	-23,668	-116,910	331,399	-27,868	86,308	-
1.1m	1.2m	1.6m	3.7m	2.9m	3.0m	1.6m	248,710	315,799	385,908	359,941	291,691	280,005	263,950	269,819	346,477	160,799	63,723	135,386	377,102
25.3%	21.7%	25.3%	52.2%	42.2%	63.3%	35.8%	7.7%	7.3%	7.4%	8.5%	7.9%	8.9%	10.9%	13.0%	14.4%	12.8%	7.1%	6.4%	5.8%
1.35	1.32	1.37	2.18	1.85	3.23	1.69	1.10	1.13	1.16	1.18	1.14	1.15	1.17	1.23	1.36	1.13	1.06	1.13	1.51
1.35	1.32	1.37	2.18	1.85	3.23	1.69	1.10	1.13	1.16	1.18	1.14	1.15	1.16	1.00	1.12	0.93	0.93	0.91	1.28
2.96	3.61	2.95	0.92	1.37	0.58	1.79	12.05	12.72	12.59	10.79	11.70	10.11	8.16	6.70	5.93	6.79	13.17	14.70	16.21
142.3%	154.4%	119.5%	25.7%	65.7%	48.4%	84.5%	480.0%	399.0%	402.5%	378.4%	314.6%	254.8%	224.6%	227.3%	212.1%	272.2%	333.0%	318.1%	283.9%
36.0%	33.5%	30.3%	13.4%	27.7%	30.6%	30.3%	36.8%	29.1%	29.6%	32.1%	24.8%	22.7%	24.5%	29.5%	30.6%	34.9%	23.5%	20.3%	16.5%
26.97	35.90	65.24	85.70	87.92	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-05-2022
Employees at the balance-sheet date	59	56	51	46	43
full-time	52	48	45	39	35
part-time	7	8	6	7	8
in full-time equivalents	57.5	54.6	49.9	44.9	41.7
	57.5	51	49.6	43.6	40
On a permanent contract	59	55	51	46	43
Joined	23	19	20	9	15
Left	20	14	15	6	10
Training hours	2,283	1,758	1,723	937	1,523

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	31-05-2022
	€300,000	€300,000	-	-	-

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	31-05-2022
Tangible fixed assets	€54,640	€538,582	€29,360	€9,324	€22,567
Intangible fixed assets	-	-	€41,761	-	-
Financial fixed assets	€0	€342	-	-	-
	€119,058	€65,859	€31,472	€26,263	€72,572

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on PRO - PAY

Several financial years end in the same calendar year, so there is no annual trend.

Debt's share of the balance-sheet total falls from 78.3% to 74.7%. Equity is higher and debt is lower.

Large changes and their cause

2023 Net result +101% on 2022. The previous financial year ran 7 months, this one 12.

Board & ownership

Board

8 directors, 3 in day-to-day management, 1 auditor, no change since February 2026

Chair of the board, permanent representative

appointed by deed of 27-02-2026 term until 02-06-2028

listed in the 2025 annual accounts, filed on 08-06-2026

2 other companies bankrupt

Chair of the board, director and managing director, permanent representative

chair of the board appointed by deed of 04-08-2023 director appointed by deed of 25-08-2011

Director and managing director, permanent representative

director current term since 07-06-2024 managing director appointed by deed of 08-04-2019 6-year term from 2022, 6-year term from 2021

listed in the 2025 annual accounts, filed on 08-06-2026

Director and managing director, permanent representative

director current term since 07-06-2024 managing director appointed by deed of 27-02-2026 6-year term from 2021

listed in the 2025 annual accounts, filed on 08-06-2026

Director, permanent representative

since 07-06-2025 term until 02-06-2028

also on the board of 3 other companies

listed in the 2025 annual accounts, filed on 08-06-2026

Director, permanent representative

since 07-06-2025 term until 02-06-2028

also on the board of 6 other companies

listed in the 2025 annual accounts, filed on 08-06-2026

Director, permanent representative

since 01-10-2025 term until 02-06-2028

also on the board of 15 other companies

listed in the 2025 annual accounts, filed on 08-06-2026

2 other companies bankrupt

Director, permanent representative

since 09-02-2026 term until 02-06-2028

also on the board of 3 other companies

listed in the 2025 annual accounts, filed on 08-06-2026

Statutory auditor, permanent representative

current term since 07-06-2024 term of 3 financial years from 2024

listed in the 2025 annual accounts, filed on 08-06-2026

: , ,
Signing authority: Two directors jointly, or a managing director alone
deed of 27-02-2026

Permanent representatives 7

Permanent representative, for

appointed by deed of 25-08-2011

Permanent representative, for

appointed by deed of 26-02-2021

Permanent representative, for

appointed by deed of 03-07-2025

Permanent representative, for

appointed by deed of 03-07-2025

Permanent representative, for

appointed by deed of 27-02-2026

Permanent representative, for

appointed by deed of 27-02-2026

Permanent representative, for

appointed by deed of 04-08-2023

Office holders in the KBO →

Mandates through the years

29 names, the dashed line is today

All 29 In office 9 Ended 20

Director, Managing director

Chair of the board

Director (not named in the articles), Managing director

Director

Chair of the board

Director

Statutory auditor

Director

Director (not named in the articles)

Additional director

Director (not named in the articles)

Director

Managing director

Director

LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated

Mandates as a list

- Director, appointed by deed of 25-08-2011, still in office
- Managing director, appointed by deed of 08-04-2019, still in office
- Director, appointed by deed of 25-08-2011, until 08-02-2026
- Managing director, appointed by deed of 25-08-2011, until 04-05-2023
- Chair of the board, appointed by deed of 04-08-2023, until 08-02-2026
- Chair of the board, appointed by deed of 04-08-2023, still in office
- Director (not named in the articles), appointed by deed of 26-02-2021, still in office
- Managing director, appointed by deed of 27-02-2026, still in office
- Director, from 08-06-2024 to date
- Director, from 07-06-2025 to date
- Director, from 01-10-2025 to date
- Chair of the board, from 01-10-2025 to date
- Director, since before 31-12-2025
- Statutory auditor, from 01-06-2021 to date
- Director, appointed by deed of 21-02-2022, until 08-02-2026
- Chair of the board, until 04-05-2023
- Director, appointed by deed of 08-10-2025, until 08-02-2026
- Director, from 08-06-2024 to 30-09-2025
- Director, appointed by deed of 19-09-2024, until 07-06-2025
- Director, appointed by deed of 21-02-2022, until 07-06-2025
- Director, appointed by deed of 19-09-2024, until 07-06-2025
- Director (not named in the articles), appointed by deed of 26-02-2021, until 31-05-2025
- Director, from before 14-01-2022 to 31-05-2025
- Director, appointed by deed of 21-02-2022, until 08-06-2024
- Director, appointed by deed of 25-08-2011, until 08-06-2024
- Director, from before 14-01-2022, no longer listed in the 2025 annual accounts
- Director, appointed by deed of 21-02-2022, until 08-06-2024
- Director (not named in the articles), appointed by deed of 26-02-2021, until 01-09-2023
- Director, from before 14-01-2022, no longer listed in the 2025 annual accounts
- Additional director, appointed by deed of 20-09-2018, until 21-02-2022
- Director (not named in the articles), appointed by deed of 26-02-2021, no longer listed in the 2025 annual accounts
- Director, appointed by deed of 08-04-2019, no longer listed in the 2025 annual accounts
- Director, appointed by deed of 08-04-2019, no longer listed in the 2025 annual accounts
- Director, until 06-12-2016
- Director, from before 08-11-2011, no longer listed in the 2025 annual accounts
- Director, until 01-08-2011
- Director, until 01-08-2011
- Managing director, until 01-08-2011
- Director, until 01-08-2011

See the board, name and registered office on a given date →

Control

Parent

Equity €346.7m

Profit €44.9m in 2023 (profit €54.3m in 2022)

Source: own accounts 2025

100%

This company

PRO - PAY

Equity €1.2m

Profit €1.7m in 2025

Further up the chain 100% 77.5% 87.5% 100% 100% 60% 100%

Capital

Capital: €62,000
Shares: 250
Contribution per share: €248
Equity per share: €4,886 in 2025
Source: deed of 26-02-2021

Owners through the years

as the annual accounts name them

100%

consolidates

Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts

Articles of association

Duration: Unlimited
deed of 26-02-2021 (in Dutch)
Annual meeting: First Friday of June at 07:45
deed of 07-10-2022 (in Dutch)

Capital transactions

Shareholders according to the deeds

Stated in the deed deed of 30-08-2022 ↗

all shares

Capital over time

26-02-2021 Capital stated in 2 deeds · €62,000 · 250 shares

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

2 other companies of this director went bankrupt (2020).

bankruptcy on 20-04-2020appointed in 2019, still in office
bankruptcy on 20-04-2020appointed in 2019, still in office

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Network & group

Part of the group

Parent

Belgium · 100% of the shares · equity €346.7m · profit €44.9m (2023)

At the same address

Culliganlaan 1A, 1831 Machelen · 3 other companies

ARROW ECS establishment since 06-09-2002 · founded in 1998 · accounts filed late	63 FTE (2025) 0463.043.851
Kontron Public Transportation registered office since 24-12-2008 · founded in 2008 · negative equity (2025)	30 FTE (2025) 0808.731.956
IP Campus registered office since 26-06-2007 · founded in 2007 · negative equity (2025)	3.6 FTE (2025) 0890.352.607

Earlier ties

via (no longer at ) and (at PRO - PAY until 2024) · Director · deed of 18-01-2021 founded in 2003	turnover €9.5m (2025)
via , at PRO - PAY until 2024 · Treasurer · deed of 04-06-2019 founded in 2015	turnover €1.6m (2024)
via , at PRO - PAY until 2025 · Class A director · deed of 03-06-2026 founded in 2018	73 FTE (2025)
via , at PRO - PAY, last mentioned in 2019 · Permanent representative · deed of 26-02-2021 founded in 2020	total assets €375,221 (2025)
via , at PRO - PAY until 2024 · Director · deed of 17-05-2021 founded in 1999	total assets €98,571 (2025)
via , at PRO - PAY until 2024 · Director · deed of 05-01-2023	founded in 1996

Show 3 more earlier ties

via , no longer at · Director · deed of 07-02-2020 No longer active	328 FTE (2021)
via , no longer at · Director · deed of 16-04-2019 No longer active	total assets €2.0m (2018)
via , no longer at · Director · deed of 31-03-2022 No longer active	8.8 FTE (2024)

Connections & network

14 connected companies

Depth

Shared directorsBundled connections

This company Company Director Shareholding +N: links not shown yet

Linked via shared directors

via · Manager · deed of 16-04-2019

Bankrupt · 3.9 FTE (2018)

via · Managing director · deed of 16-04-2019

Bankrupt · 8.9 FTE (2018)

via · Investor director · deed of 10-05-2024

Founded in 2024 · total assets €169.1m (2025)

via · Director · deed of 22-07-2025

Founded in 2008 · 1,540 FTE (2025)

Show 10 more companies with a shared director

via and · Director · deeds of 22-07-2025 and 09-10-2020

Founded in 2018 · 27 FTE (2025)

via · Chair of the board · deed of 07-11-2019

Founded in 1995 · 322 FTE (2025)

via · Director · deed of 09-07-2025

Founded in 2019 · total assets €30.2m (2025)

via , and 4 others · Class A director · deed of 16-03-2026

Founded in 1969 · 32 FTE (2025)

via , and 2 others · Class B director · deeds of 26-06-2025 and 27-05-2021

Founded in 2015 · 34 FTE (2025)

via , and 4 others · deed of 01-04-2026

Founded in 1997 · 24 FTE (2025)

via , and 5 others · Director · deed of 02-03-2026

Founded in 1994 · 29 FTE (2025)

via , and 3 others · Director · deed of 03-04-2026

Founded in 2000 · 17 FTE (2025)

via · Class A director · deed of 18-02-2026

Founded in 2025

via · Director · deed of 14-05-2019

No longer active · total assets €139,483 (2025)

Timeline

60 events since 1990

Board

Capital

Filings

Financial

Establishments

Address

19901995200020052010201520202025

Deadline for the 2026 accounts: 31-07-2027

2026

21-10-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0441366430

16-07-2026

Permanent representative: General meeting of 12-06-20262 points ▸

General meeting, 12-06-2026
Permanent representative,

Open the deed in the Belgian Official Gazette

08-06-2026

Annual accounts 2025 filed PDFabbreviated format · 53 days before the deadline

27-02-2026

3 directors appointed, 3 resignationsResignations: , (chair of the board) and · Appointments: , (chair of the board) and (managing director) · Director discharge: · General meeting of 05-02-202619 points ▸

General meeting, 05-02-2026
Director resignation,
Director discharge,
Director discharge,
Director appointment,
Board composition, (managing director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Director appointment, (chair of the board)
Director appointment, (managing director)
Board composition, (managing director)
Board composition, (director and chair)
Director resignation,
Director resignation,
Director discharge,
Director resignation, (chair of the board)
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2025

08-10-2025

2 directors appointed, 1 resignationResignation: · Permanent representatives: , , , , , and 2 others · Appointments: and · General meeting of 19-09-202521 points ▸

General meeting, 19-09-2025
Director resignation,
Permanent representative, (director)
Director discharge, , mentioned twice in the deed
Director appointment,
Permanent representative, (director)
Board composition, (director and chair)
Board composition, (managing director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Permanent representative, (director)
Permanent representative, (director)
Permanent representative, (director)
Permanent representative, (director)
Permanent representative, (director)
Director appointment,
Permanent representative, (director)
Board composition, (director)

Open the deed in the Belgian Official Gazette

03-07-2025

3 directors appointed, 4 resignationsResignations: , , and · Permanent representatives: , , , , , and 1 other · Appointments: , and · General meeting of 06-06-202522 points ▸

General meeting, 06-06-2025
Director resignation,
Director resignation,
Director resignation,
Director resignation,
Permanent representative,
Director appointment,
Director appointment,
Director appointment,
Permanent representative,
Permanent representative,
Permanent representative,
Board composition, (director and chair)
Board composition, (managing director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Permanent representative,
Permanent representative,
Permanent representative,

Open the deed in the Belgian Official Gazette

10-06-2025

Annual accounts 2024 filed PDFabbreviated format · 51 days before the deadline

2024

19-09-2024

2 directors appointed, 3 resignations, 6 reappointments, 1 statutory auditor reappointedResignations: , and · Permanent representatives: , , , and · Appointments: and · General meeting of 07-06-202426 points ▸

General meeting, 07-06-2024
Director resignation,
Director resignation,
Director resignation,
Permanent representative,
Director appointment,
Director appointment,
Board composition, (managing director)
Board composition, (director and chair)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Permanent representative,
Permanent representative,
Permanent representative,
Permanent representative,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,
Auditor reappointment, (statutory auditor)

Open the deed in the Belgian Official Gazette

03-09-2024

General meeting, 07-06-2024
Director resignation,
Director resignation,
Director resignation,
Permanent representative,
Director appointment,
Director appointment,
Board composition, (managing director)
Board composition, (director and chair)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Permanent representative,
Permanent representative,
Permanent representative,
Permanent representative,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,
Auditor reappointment, (statutory auditor)

Open the deed in the Belgian Official Gazette

13-06-2024

Annual accounts 2023 filed PDFabbreviated format · 48 days before the deadline

29-01-2024

Registered-office move · Amendment of the articlesGeneral meeting of 29-12-20231 point ▸

General meeting, 29-12-2023
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2023

31-12-2023

Highest result from 2007 to 2025 net €1.9m ▲101% The net result of €1.9m is the highest of those years.

04-08-2023

2 directors resigningChange of role: , from managing director to chair of the board · Resignations: (chair of the board) and · Permanent representatives: , , , , , and 2 others · General meeting of 02-06-202323 points ▸

Board meeting, 03-05-2023
Director resignation, (chair of the board)
Director appointment, (chair of the board)
Permanent representative,
Director resignation, (managing director)
Director resignation,
Permanent representative,
General meeting, 02-06-2023
Board composition, (managing director)
Board composition, (chair of the board)
Board composition, (director)
Board composition, (director)
Permanent representative,
Permanent representative,
Permanent representative,
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Permanent representative,
Permanent representative,
Permanent representative,
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

08-06-2023

Annual accounts 2022 filed PDFabbreviated format · 53 days before the deadline

2022

06-12-2022

Annual accounts 2022 filed PDFabbreviated format · 25 days before the deadline

07-10-2022

1 statutory auditor appointed (statutory auditor) · Permanent representatives: and · General meeting of 27-09-20225 points ▸

General meeting, 27-09-2022
General meeting, 25-04-2022
Auditor appointment, (statutory auditor)
Permanent representative,
Permanent representative,
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

30-08-2022

holds all the shares1 point ▸

holds all the shares

Open the deed in the Belgian Official Gazette

21-02-2022

4 directors appointed, 1 resignation, 6 reappointmentsResignation: · Appointments: , , and · Reappointments: , , , , and · General meeting of 14-01-202228 points ▸

General meeting, 14-01-2022
Director resignation,
Director appointment,
Director appointment,
Director appointment,
Director appointment,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment,
Permanent representative,
Permanent representative,
Permanent representative,
Permanent representative,
Permanent representative,
Permanent representative,
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)
Board composition, (director)

Open the deed in the Belgian Official Gazette

2021

30-11-2021

Annual accounts 2021 filed PDFabbreviated format · 31 days before the deadline

31-05-2021

Equity above €2m equity €2.8m ▲93.7% With a profit in every financial year since 2007, equity grows to €2.8m.

26-02-2021

7 directors appointed, , , , , and 1 other · Permanent representatives: , , , , and · “1.het vervullen van de wettelijke formaliteiten in naam en voor rekening van de aangesloten werkgevers,die…” (deed in Dutch) · General meeting of 08-01-202121 points ▸

General meeting, 08-01-2021
Amendment of the articles, article 13
Capital, €62,000, 250 shares
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Director appointment, (director (not named in the articles))
Permanent representative,
Permanent representative,
Permanent representative,
Permanent representative,
Permanent representative,
Permanent representative,
Registered office clause, Sint-Stevens-Woluwestraat 55, 1130 Brussel
Power of attorney,
Director appointment, (managing director)
Director appointment, (managing director)
Director discharge,
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2020

23-12-2020

Annual accounts 2020 filed PDFabbreviated format · 8 days before the deadline

31-05-2020

Equity above €1m equity €1.5m ▲547% With a profit in every financial year since 2007, equity grows to €1.5m.

2019

26-11-2019

Annual accounts 2019 filed PDFabbreviated format · 35 days before the deadline

08-04-2019

3 directors appointed (managing director), and · Permanent representatives: and · Board meeting of 11-03-20197 points ▸

Board meeting, 11-03-2019
Director appointment, (managing director)
Permanent representative,
General meeting, 11-03-2019
Director appointment,
Director appointment,
Permanent representative,

Open the deed in the Belgian Official Gazette

2018

15-11-2018

Annual accounts 2018 filed PDFabbreviated format · 46 days before the deadline

20-09-2018

Appointment: (additional director)Permanent representative: · General meeting of 23-08-20183 points ▸

General meeting, 23-08-2018
Director appointment, (additional director)
Permanent representative,
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2017

24-11-2017

Annual accounts 2017 filed PDFabbreviated format · 37 days before the deadline

2016

06-12-2016

1 director resigning, 3 reappointmentsReappointments: (managing director), and · Permanent representatives: , and · Resignation: · General meeting of 08-11-201611 points ▸

General meeting, 08-11-2016
Director reappointment,
Director reappointment,
Director reappointment,
Permanent representative,
Permanent representative,
Permanent representative,
Director resignation,
Director discharge,
Board meeting, 08-11-2016
Director reappointment, (managing director)
The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

10-11-2016

Annual accounts 2016 filed PDFabbreviated format · 51 days before the deadline

2015

17-11-2015

Annual accounts 2015 filed PDFabbreviated format · 44 days before the deadline

2014

17-11-2014

Registered office moved from Diegem to BrusselsNew registered office: SINT-STEVENS-WOLUWESTRAAT 55, 1130 BRUSSEL (HAREN) · Previous registered office: Berkenlaan 1, 1831 Diegem · Permanent representative: · Board meeting of 10-10-20143 points ▸

Board meeting, 10-10-2014
Registered-office move, SINT-STEVENS-WOLUWESTRAAT 55, 1130 BRUSSEL (HAREN)
Permanent representative,

Open the deed in the Belgian Official Gazette

17-11-2014

Annual accounts 2014 filed PDFabbreviated format · 44 days before the deadline

2013

14-11-2013

Annual accounts 2013 filed PDFabbreviated format · 47 days before the deadline

31-05-2013

Equity above €200,000 equity €200,915 ▲3.2% With a profit in every financial year since 2007, equity grows to €200,915.

2012

04-12-2012

Annual accounts 2012 filed PDFabbreviated format · 27 days before the deadline

18-01-2012

Reappointment: (director)General meeting of 23-12-20113 points ▸

General meeting, 23-12-2011
Capital, €62,000, 250 shares
Director reappointment,
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2011

09-12-2011

Annual accounts 2011 filed PDFabbreviated format · 22 days before the deadline

25-08-2011

3 directors appointed, 3 resignationsResignations: , and (managing director) · Appointments: (managing director), and · Permanent representatives: , and · General meeting of 01-08-201113 points ▸

General meeting, 01-08-2011
Director resignation,
Director resignation,
Director resignation,
Director appointment,
Permanent representative,
Director appointment,
Permanent representative,
Director appointment,
Permanent representative,
Board meeting, 01-08-2011
Director resignation, (managing director)
Director appointment, (managing director)

Open the deed in the Belgian Official Gazette

2010

24-12-2010

Annual accounts 2010 filed PDFabbreviated format · 7 days before the deadline

31-05-2010

Equity above €150,000 equity €184,488 ▲124% With a profit in every financial year since 2007, equity grows to €184,488.

2009

17-12-2009

Annual accounts 2009 filed PDFabbreviated format · 14 days before the deadline

2008

08-12-2008

Annual accounts 2008 filed PDFabbreviated format · 23 days before the deadline

2007

07-12-2007

Annual accounts 2007 filed PDFabbreviated format · 24 days before the deadline

2006

04-12-2006

Annual accounts 2006 filed PDFabbreviated format · 27 days before the deadline

2005

29-12-2005

Annual accounts 2005 filed PDFabbreviated format

2004

26-11-2004

Annual accounts 2004 filed PDFabbreviated format

2003

27-11-2003

Annual accounts 2003 filed PDFabbreviated format

2002

13-12-2002

Annual accounts 2002 filed PDFabbreviated format

2001

05-07-2001

Annual accounts 2000 filed PDFfull format

2000

18-09-2000

Annual accounts 1999 filed PDFfull format

1999

16-11-1999

Annual accounts 1998 filed PDFfull format

1998

16-09-1998

Annual accounts 1997 filed NBBfull format

1997

07-10-1997

Annual accounts 1996 filed NBBfull format

18-08-1997

First establishment Culliganlaan 1, Machelen (Brab.)

1996

05-09-1996

Annual accounts 1995 filed NBBfull format

1995

29-09-1995

Annual accounts 1994 filed NBBfull format

1994

08-09-1994

Annual accounts 1993 filed NBBfull format

1993

03-11-1993

Annual accounts 1992 filed NBBfull format

1990

24-07-1990

Incorporation published on 17-08-1990

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

PRO - PAY was incorporated on 24 July 1990.¹ The registered office was moved to Brussels in 2014.² The board currently has 8 members.³ Total assets rose from €3.0m in 2019 to €4.8m in 2025 and headcount from 38.6 to 57.5 full-time equivalents.⁴

Company details

Identity

Enterprise number: 0441.366.430
VAT number: BE 0441.366.430
Peppol ID: 0208:0441366430
LEI code: 967600QBBFH61LVM7653 no longer live in the LEI register
Legal form: Public limited company
Status: Active, normal situation
Founded: 24-07-1990
Financial year: ends on 31 December
Annual meeting: First Friday of June at 07:45
deed of 07-10-2022 (in Dutch)
Peppol: Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: PRO - PAY in Dutch
Entity type: Legal entity
Duration: Unlimited
deed of 26-02-2021 (in Dutch)

Activities

NACEBEL 2025

VAT activities

82100 Office administrative and support services main activity

Social security (RSZ) activities

82100 Office administrative and support services main activity

Joint committees annual accounts 2025

JC 200 Auxiliary committee for white-collar workers

Codes under NACEBEL 2008

VAT activities

82110 Office administrative, office support and other business support activities main activity

Social security (RSZ) activities

82110 Office administrative, office support and other business support activities main activity

Codes under NACEBEL 2003

74854 main activity

Purpose: “1.het vervullen van de wettelijke formaliteiten in naam en voor rekening van de aangesloten werkgevers,die voortvloeien uit de…”
4 activities
1.het vervullen van de wettelijke formaliteiten in naam en voor rekening van de aangesloten werkgevers,die voortvloeien uit de tewerkstelling van personeel,en waartoe de werkgevers gehouden zijn,zoals onder meer het berekenen van lonen,vergoedingen van bestuurders en aanvullende vergoedingen voor bruggepensioneerden.
2.het verlenen van informatie en bijstand voor het vervullen van de wettelijke formaliteiten waartoe de aangesloten werkgevers gehouden zijn op het vlak van sociaal recht alsook arbeidsrecht.
3.het verlenen van advies aan werkgevers inzake personeelsaangelegenheden in binnen-en buitenland waaronder de werving en selectie van personeel met uitsluiting van de activiteiten die strijdig zijn met de reglementering van de Vlaamse Gemeenschap inzake de erkenning van de bureaus voor werving en selectie.
4.het verlenen van advies,informatie en bijstand inzake fiscale en juridische aangelegenheden en elk ander advies in het kader van het beleid van vennootschappen.
deed of 26-02-2021 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Culliganlaan 1A registered office 1831 Machelen (Brab.)
Culliganlaan 1 1831 Machelen (Brab.)	18-08-1997	2.049.416.394

1 former office

1831 Diegem until 01-11-2014 · deed of 17-11-2014

Buildings and parcels at the address

Ground area: 3.7 ha
Buildings: 1.0 ha
Volume, LiDAR: 33,263 m³
Tallest building: 23.9 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

4 companies at this address See who is registered here

Parcels

Cadastral parcel	Area	Buildings	Height / floors
23015B0092/00R000	3.7 ha	2 · 1.0 ha	23.9 m · 7

Overview

Lifetime

Key points

Equity

Debts

Staff

Filings

Board

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Companies linked to PRO - PAY

Parent and group

Insights on PRO - PAY

Financials

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency25.3%

Current ratio1.35

Return on assets36.0%

Staff

Staff cost per FTE€73,117

Joined and left+3 people

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2024, 1 entry, €9,000 awarded, €9,000 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on PRO - PAY

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Capital transactions

The directors' other companies

Network & group

Parent

At the same address

Earlier ties

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in €m

in €m

25.3%

1.35

36.0%

€73,117

+3 people