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Pro Projects

Active
Private limited companyfounded 201511 yrs activeProvinciebaan 71, 8880 Ledegem, BelgiumKBO/BCE: BE 0600.974.584

Pro Projects has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €7k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 35% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+8
Solvency57▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.52 in 2024; short-term debt: 28.1% and cash: 19.8% of total assets), but 67.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
32.4%
Return on assets
0.7%
Age of the figures
9 mo
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
elevated failure risk from 2 to 8 years 11 years 0 20 y
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
22 d early
2023
26 d early
2022
27 d early
2021
20 d early
2020
12 d early
2019
32 d early
← before the deadline after the deadline →
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
19-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€292k▼ 13.2%
2024 · €337k
2018: €229k 2019: €241k 2020: €257k 2021: €273k 2022: €321k 2023: €336k 2024: €337k
2018 → 2025
Total assets
€903k▲ 2.5%
2024 · €881k
2018: €636k 2019: €784k 2020: €858k 2021: €896k 2022: €880k 2023: €841k 2024: €881k
2018 → 2025
Net result
€7k▲ 1,138%
2024 · €527
2018: €13k 2019: €12k 2020: €16k 2021: €16k 2022: €49k 2023: €15k 2024: €527
2018 → 2025
Working capital
€210k▲ 57.4%
2024 · €133k
2018: €80k 2019: €158k 2020: €103k 2021: €140k 2022: €149k 2023: €157k 2024: €133k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€273k-€321k▲ 17.8%€336k▲ 4.7%€337k▲ 0.2%€292k▼ 13.2%
Operating result€32k-€76k▲ 137%€27k▼ 64.6%€17k▼ 37.4%€28k▲ 66.1%
Net result€16k-€49k▲ 201%€15k▼ 69.2%€527▼ 96.5%€7k▲ 1,138%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €32k€32kNet result 2021: €16k€16kOperating result 2022: €76k€76kNet result 2022: €49k€49kOperating result 2023: €27k€27kNet result 2023: €15k€15kOperating result 2024: €17k€17kNet result 2024: €527€527Operating result 2025: €28k€28kNet result 2025: €7k€7k20212022202320242025
The operating result recovers in 2025; 2025 is 66% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €903k
Fixed assets €440k▼ 10.3%
Current assets €463k▲ 18.8%
Equity and liabilities €903k
Equity €292k▼ 13.2%
Debt €611k▲ 12.3%
The debt ratio rises from 61.7% to 67.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€98k
2024 · €84k
Cash flow
€76k
2024 · €67k
Solvency
32.4%
2024 · 38.3%
Current ratio
1.83
2024 · 1.52
Quick ratio
1.54
2024 · 1.30
Debt / equity
2.09
2024 · 1.61
ROE
2.2%
2024 · 0.2%
ROA
0.7%
2024 · 0.1%
Interest coverage
5.12
2024 · 4.21
Debt
€611k
2024 · €544k
Debt ≤ 1 year
€253k
2024 · €257k
Debt > 1 year
€316k
2024 · €287k
Income taxes
€5k
2024 · €1k
Staff costs
€204k
2024 · €204k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€881k€903k
Fixed assets21/28€491k€440k
Intangible fixed assets21€45k€34k
Tangible fixed assets22/27€443k€402k
Land and buildings22€401k€364k
Plant, machinery and equipment23€15k€21k
Furniture and vehicles24€27k€17k
Financial fixed assets28€3k€3k=
Current assets29/58€390k€463k
Stocks and contracts in progress3€55k€73k
Stocks30/36€55k€73k
Contracts in progress37€0-
Amounts receivable within one year40/41€185k€160k
Trade receivables40€139k€145k
Other amounts receivable41€46k€15k
Current investments50/53€538€42k
Cash at bank and in hand54/58€146k€179k
Deferred charges and accrued income490/1€3k€10k
Equity and liabilities
Total equity and liabilities10/49€881k€903k
Equity10/15€337k€292k
Contributions10/11€176k€153k
Reserves13€161k€139k
Non-distributable reserves130/1€19k€0
Reserves not available under the articles1311€19k€0
Distributable reserves133€142k€139k
Profit (loss) carried forward14-€0
Amounts payable17/49€544k€611k
Amounts payable after more than one year17€287k€316k
Financial debts170/4€287k€316k
Amounts payable within one year42/48€257k€253k
Current portion of amounts payable after more than one year42€37k€57k
Financial debts43€148k€5k
Credit institutions430/8€148k€5k
Trade debts44€67k€72k
Suppliers440/4€67k€72k
Advances received on contracts in progress46-€94k
Taxes, remuneration and social security45€5k€20k
Taxes450/3€3k€13k
Remuneration and social security454/9€2k€7k
Other amounts payable47/48-€6k
Accrued charges and deferred income492/3€23€41k
Income statement Code20242025
Non-recurring operating income76A€1k€200
Remuneration, social security and pensions62€204k€204k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€69k
Other operating charges640/8€5k€3k
Non-recurring operating charges66A€51k€503
Gross operating margin9900€344k€305k
Operating profit (loss)9901€17k€28k
Financial income75/76B€5k€2k
Recurring financial income75€5k€2k
Financial charges65/66B€20k€19k
Recurring financial charges65€20k€19k
Profit (loss) for the period before taxes9903€2k€11k
Income taxes67/77€1k€5k
Profit (loss) for the period9904€527€7k
Profit (loss) for the period to be appropriated9905€527€7k
Appropriation of the result
Profit (loss) to be appropriated9906€527€7k
Transfer from equity791/2-€29k
Transfer to equity691/2€527€7k
To other reserves6921€527€7k
Profit to be distributed694/7-€29k
Return on contributions (dividend)694-€29k
Social balance
Average headcount (FTE)90873.43.2

The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €527 ▼96.5%
Net result drops to €527, the lowest in the series; recovery starts the following year.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €49k ▲201%
Net result €49k, the highest in the series.
11-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ledegem · 1 establishment unit since 2015
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Provinciebaan 718880 Ledegem
Ground area
225 m²
Building footprint
123 m²
Volume, LiDAR
749 m³
Parcel 36010B0088/00N000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pro Projects
Provinciebaan 71, 8880 LedegemManufacture of metal structures and parts of structures
since 20152.242.448.176
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36010B0088/00N000 Flanders 224 m² 1 · 123 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 27,357 EUR awarded · 27,357 EUR paid
Year Entries awardedpaid
2025 1 7,377 EUR7,377 EUR
2024 1 7,500 EUR7,500 EUR
2023 1 4,980 EUR4,980 EUR
2022 1 7,500 EUR7,500 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 27,357 EUR · 27,357 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

6 categories
Pro Projects BV#9640
category D10, class 1 · category D12, class 1 · category D25, class 1 · category D8, class 1 · category F3, class 1
decision 07-07-2025 · valid until 06-03-2027
Pro Projects BV41825
category D29, class 1
decision 07-03-2022

Dual-learning approval

1 live approval
Medewerker schilder- en behangwerken duaal (so)
Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 5,425 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-03-2015
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
42990Civil engineering
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Enterprise