Pro Projects
ActiveSummary
Pro Projects has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292,262 and a net result of €6,527. Equity has been growing by about 6.3% per year since 2018. Its solvency ranks better than 35% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-03-2015 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 2 others
- Establishment unit
- 2.242.448.176 8880 Ledegem, since 01-04-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Gross margin
- €304,924
- ▼ 11.5%
- Turnover
- ≈ €930,000
- estimated
- Profit
- €6,527
- ▲ 12×
- Equity
- €292,262
- ▼ 13.2%
- Total assets
- €902,954
- ▲ 2.5%
- Employees on 31-12-2025
- 3
- ▼ 25.0%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 01-07-2026)Liquidity: current ratio 1.83, cash €178,808Size: 3.2 FTE, total assets €902,954Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 37% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
57-6
equity 32.4% of total assets
Liquidity
63+4
short-term debt 28.1% · cash 19.8%
Profitability
62+8
return on assets 0.7%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.3%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%▼ -0.1 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.83 (1.52 in 2024), above the usual 1.5. Short-term debt is 28.1% and cash 19.8% of total assets. However, 67.6% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 34% of them on solvency, 62% on liquidity, 30% on profitability and 22% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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
Five signals.
lowers riskraises riskneutral
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 filingsDeviation from the deadline
2025
30 days early
2024
22 days early
2023
26 days early
2022
27 days early
2021
20 days early
2020
12 days early
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 11 filings
Turnover
≈ €930,000
Estimated: probably between €580,000 and €1.2m
Total assets
€902,954▲ 2.5%
2024 · €880,576
Net result
€6,527▲ 12×
2024 · €527
Working capital
€209,566▲ 57.4%
2024 · €133,150
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€28,153
▲ 66.1%
2025
20182025
Net result
€6,527
▲ 12×
2025
middle half of the sector
20182025
Equity
€292,262
▼ 13.2%
2025
middle half of the sector
20182025
Total assets
€902,954
▲ 2.5%
2025
middle half of the sector
20182025
Debt
€610,692
▲ 12.3%
2025
20182025
Working capital
€209,566
▲ 57.4%
2025
middle half of the sector
20182025
Solvency
32.4%
▼ 5.9pp
2025
middle half of the sector
20182025
Current ratio
1.83
▲ 0.31
2025
middle half of the sector
20182025
Return on assets (ROA)
0.7%
▲ 0.7pp
2025
middle half of the sector
20182025
Staff (FTE)
3.2
▼ 5.9%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€25,369-€23,071▼ 9.1%€88,020▲ 282%€32,221▼ 63.4%€76,395▲ 137%€27,082▼ 64.6%€16,953▼ 37.4%€28,153▲ 66.1%
Net result€13,003-€12,439▼ 4.3%€15,657within the sector's middle half▲ 25.9%€16,142within the sector's middle half▲ 3.1%€48,613above the sector's middle half▲ 201%€14,972within the sector's middle half▼ 69.2%€527below the sector's middle half▼ 96.5%€6,527within the sector's middle half▲ 12×
Equity€228,527-€240,966▲ 5.4%€256,623above the sector's middle half▲ 6.5%€272,764above the sector's middle half▲ 6.3%€321,377above the sector's middle half▲ 17.8%€336,350above the sector's middle half▲ 4.7%€336,877within the sector's middle half▲ 0.2%€292,262within the sector's middle half▼ 13.2%
Total assets€635,717-€783,796▲ 23.3%€857,586above the sector's middle half▲ 9.4%€895,737above the sector's middle half▲ 4.4%€879,592above the sector's middle half▼ 1.8%€840,551above the sector's middle half▼ 4.4%€880,576within the sector's middle half▲ 4.8%€902,954within the sector's middle half▲ 2.5%
Debt€407,191-€542,830▲ 33.3%€600,963▲ 10.7%€622,972▲ 3.7%€558,215▼ 10.4%€504,202▼ 9.7%€543,700▲ 7.8%€610,692▲ 12.3%
Working capital€80,105-€157,810▲ 97.0%€103,369above the sector's middle half▼ 34.5%€139,563above the sector's middle half▲ 35.0%€149,297above the sector's middle half▲ 7.0%€156,834above the sector's middle half▲ 5.0%€133,150within the sector's middle half▼ 15.1%€209,566within the sector's middle half▲ 57.4%
Solvency35.9%-30.7%▼ 5.2pp29.9%within the sector's middle half▼ 0.8pp30.5%within the sector's middle half▲ 0.5pp36.5%within the sector's middle half▲ 6.1pp40.0%within the sector's middle half▲ 3.5pp38.3%within the sector's middle half▼ 1.8pp32.4%within the sector's middle half▼ 5.9pp
Current ratio2.12-2.55▲ 0.431.51within the sector's middle half▼ 1.051.56within the sector's middle half▲ 0.061.75within the sector's middle half▲ 0.191.87within the sector's middle half▲ 0.121.52within the sector's middle half▼ 0.351.83within the sector's middle half▲ 0.31
Return on assets (ROA)2.0%-1.6%▼ 0.5pp1.8%within the sector's middle half▲ 0.2pp1.8%within the sector's middle half=5.5%within the sector's middle half▲ 3.7pp1.8%within the sector's middle half▼ 3.7pp0.1%below the sector's middle half▼ 1.7pp0.7%within the sector's middle half▲ 0.7pp
Staff (FTE)0.8-2▲ 150%2within the sector's middle half=2.1▲ 5.0%2.3▲ 9.5%1.3▼ 43.5%3.4within the sector's middle half▲ 162%3.2within the sector's middle half▼ 5.9%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 66% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €902,954
Fixed assets
€439,914 ▼ 10.3%
Current assets
€463,040 ▲ 18.8%
Equity and liabilities €902,954
Equity
€292,262 ▼ 13.2%
Debt
€610,692 ▲ 12.3%
Debt's share of the balance-sheet total rises from 61.7% to 67.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€97,573▲
2024 · €83,677
Cash flow
€75,947▲
2024 · €67,251
Quick ratio
1.54▲
2024 · 1.30
Debt to equity
2.09▲
2024 · 1.61
ROE
2.2%▲
2024 · 0.2%
Interest coverage
5.12▲
2024 · 4.21
Debt ≤ 1 year
€253,474▼
2024 · €256,741
Debt > 1 year
€316,020▲
2024 · €286,935
Income taxes
€4,682▲
2024 · €1,129
Staff costs
€204,085▼
2024 · €204,419
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 2 | 4 | 3 |
| full-time | 3 | 2 | 2 | 4 | 3 |
| part-time | 0 | 0 | 0 | 0 | 0 |
| in full-time equivalents | 3 | 2 | 2 | 4 | 3 |
| Average over the year, in full-time equivalents | 2.1 | 2.3 | 1.3 | 3.4 | 3.2 |
| On a permanent contract | 3 | 2 | 2 | 4 | 3 |
| Joined | 1 | 0 | 1 | 2 | 0 |
| Left | 0 | 1 | 1 | 0 | 1 |
| Training hours | - | 20 | - | - | 88 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €401,215 | €401,215 | €401,215 | €401,215 | €401,215 |
| Mortgage mandates | - | - | - | €250,000 | €250,000 |
| Carrying value of the mortgaged assets | €464,658 | €451,712 | €438,714 | €401,107 | €364,446 |
| Pledge on the business | €250,000 | €250,000 | €250,000 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €18,315 | €79,399 | €28,609 | €5,107 | €18,649 |
| Intangible fixed assets | - | - | - | €50,680 | - |
| Financial fixed assets | - | - | €2,850 | - | €0 |
| Depreciation and write-downs of the year | €53,960 | €56,267 | €60,172 | €66,724 | €69,420 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €27,357 awarded · €27,357 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €7,377 | €7,377 |
| 2024 | 1 | €7,500 | €7,500 |
| 2023 | 1 | €4,980 | €4,980 |
| 2022 | 1 | €7,500 | €7,500 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €1,151 | €200 | ▼ 82.6% |
| Remuneration, social security and pensions62 | - | - | - | €104,808 | €140,793 | €91,033 | €204,419 | €204,085 | ▼ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,209 | €49,287 | €55,190 | €53,960 | €56,267 | €60,172 | €66,724 | €69,420 | ▲ 4.0% |
| Other operating charges640/8 | - | - | - | €3,517 | €3,574 | €5,323 | €4,985 | €2,763 | ▼ 44.6% |
| Non-recurring operating charges66A | - | - | - | €2,632 | €0 | - | €51,332 | €503 | ▼ 99.0% |
| Gross operating margin9900 | €98,109 | €164,036 | €223,100 | €197,137 | €277,029 | €183,609 | €344,413 | €304,924 | ▼ 11.5% |
| Operating profit (loss)9901 | €25,369 | €23,071 | €88,020 | €32,221 | €76,395 | €27,082 | €16,953 | €28,153 | ▲ 66.1% |
| Financial income75/76B | - | - | - | €3,142 | €2,193 | €6,004 | €4,581 | €2,110 | ▼ 53.9% |
| Recurring financial income75 | €23 | €1,543 | €980 | €3,142 | €2,193 | €6,004 | €4,581 | €2,110 | ▼ 53.9% |
| Financial charges65/66B | - | - | - | €14,401 | €14,954 | €13,286 | €19,878 | €19,053 | ▼ 4.2% |
| Recurring financial charges65 | €11,406 | €12,174 | €73,344 | €14,401 | €14,954 | €13,286 | €19,878 | €19,053 | ▼ 4.2% |
| Profit (loss) for the period before taxes9903 | €13,987 | €12,439 | €15,657 | €20,962 | €63,634 | €19,799 | €1,656 | €11,210 | ▲ 577% |
| Income taxes67/77 | €984 | - | - | €4,820 | €15,021 | €4,827 | €1,129 | €4,682 | ▲ 315% |
| Profit (loss) for the period9904 | €13,003 | €12,439 | €15,657 | €16,142 | €48,613 | €14,972 | €527 | €6,527 | ▲ 12× |
| Profit (loss) for the period to be appropriated9905 | €13,003 | €12,439 | €15,657 | €16,142 | €48,613 | €14,972 | €527 | €6,527 | ▲ 12× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €635,717 | €783,796 | €857,586 | €895,737 | €879,592 | €840,551 | €880,576 | €902,954 | ▲ 2.5% |
| Fixed assets21/28 | €484,013 | €524,397 | €549,952 | €509,052 | €532,184 | €503,470 | €490,685 | €439,914 | ▼ 10.3% |
| Intangible fixed assets21 | - | - | - | - | - | - | €44,770 | €34,383 | ▼ 23.2% |
| Tangible fixed assets22/27 | €483,650 | €524,034 | €549,589 | €508,689 | €531,821 | €500,257 | €442,702 | €402,318 | ▼ 9.1% |
| Land and buildings22 | - | - | - | €464,658 | €451,712 | €438,714 | €401,107 | €364,446 | ▼ 9.1% |
| Plant, machinery and equipment23 | - | - | - | €15,084 | €26,479 | €18,589 | €14,896 | €21,317 | ▲ 43.1% |
| Furniture and vehicles24 | - | - | - | €25,481 | €53,631 | €42,955 | €26,699 | €16,554 | ▼ 38.0% |
| Leasing and similar rights25 | - | - | - | €3,466 | €0 | - | - | - | - |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | €3,213 | €3,213 | €3,213 | = |
| Current assets29/58 | €151,705 | €259,399 | €307,634 | €386,685 | €347,408 | €337,081 | €389,891 | €463,040 | ▲ 18.8% |
| Stocks and contracts in progress3 | €8,474 | €8,270 | €15,180 | €28,020 | €32,780 | €51,484 | €55,286 | €72,501 | ▲ 31.1% |
| Stocks30/36 | - | - | - | €16,020 | €20,280 | €23,684 | €55,286 | €72,501 | ▲ 31.1% |
| Contracts in progress37 | - | - | - | €12,000 | €12,500 | €27,800 | €0 | - | - |
| Amounts receivable within one year40/41 | €142,156 | €206,199 | €91,222 | €242,252 | €195,747 | €228,872 | €184,633 | €160,402 | ▼ 13.1% |
| Trade receivables40 | - | - | - | €152,070 | €162,592 | €152,984 | €138,666 | €145,184 | ▲ 4.7% |
| Other amounts receivable41 | - | - | - | €90,183 | €33,155 | €75,888 | €45,968 | €15,218 | ▼ 66.9% |
| Current investments50/53 | - | - | - | - | €50,000 | €5,033 | €538 | €41,731 | ▲ 78× |
| Cash at bank and in hand54/58 | - | €7,762 | €166,499 | €115,412 | €65,497 | €48,138 | €146,143 | €178,808 | ▲ 22.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,001 | €3,384 | €3,554 | €3,291 | €9,599 | ▲ 192% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €635,717 | €783,796 | €857,586 | €895,737 | €879,592 | €840,551 | €880,576 | €902,954 | ▲ 2.5% |
| Equity10/15 | €228,527 | €240,966 | €256,623 | €272,764 | €321,377 | €336,350 | €336,877 | €292,262 | ▼ 13.2% |
| Contributions10/11 | €175,600 | €175,600 | - | €175,600 | €175,600 | €175,600 | €175,600 | €153,015 | ▼ 12.9% |
| Reserves13 | €52,927 | €65,366 | €81,023 | €97,164 | €145,777 | €160,750 | €161,277 | €139,248 | ▼ 13.7% |
| Non-distributable reserves130/1 | - | - | - | €18,800 | €18,800 | €18,800 | €18,800 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €18,800 | €18,800 | €18,800 | €18,800 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | €78,364 | €126,977 | €141,950 | €142,477 | €139,248 | ▼ 2.3% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | - | €0 | - |
| Amounts payable17/49 | €407,191 | €542,830 | €600,963 | €622,972 | €558,215 | €504,202 | €543,700 | €610,692 | ▲ 12.3% |
| Amounts payable after more than one year17 | €335,465 | €441,117 | €396,511 | €375,850 | €360,081 | €323,955 | €286,935 | €316,020 | ▲ 10.1% |
| Financial debts170/4 | - | - | - | €375,850 | €360,081 | €323,955 | €286,935 | €316,020 | ▲ 10.1% |
| Amounts payable within one year42/48 | €71,600 | €101,588 | €204,264 | €247,122 | €198,111 | €180,247 | €256,741 | €253,474 | ▼ 1.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €36,596 | €37,096 | €36,126 | €37,020 | €57,028 | ▲ 54.0% |
| Financial debts43 | - | - | - | €0 | €3,136 | €76,318 | €147,837 | €4,830 | ▼ 96.7% |
| Credit institutions430/8 | - | - | - | €0 | €3,136 | €76,318 | €147,837 | €4,830 | ▼ 96.7% |
| Trade debts44 | €16,020 | €50,639 | €52,873 | €105,812 | €62,208 | €58,525 | €66,743 | €71,741 | ▲ 7.5% |
| Suppliers440/4 | - | - | - | €105,812 | €62,208 | €58,525 | €66,743 | €71,741 | ▲ 7.5% |
| Advances received on contracts in progress46 | - | - | - | €81,290 | €83,115 | €0 | - | €94,288 | - |
| Taxes, remuneration and social security45 | - | - | - | €23,425 | €12,556 | €9,278 | €5,142 | €19,992 | ▲ 289% |
| Taxes450/3 | - | - | - | €15,064 | €7,556 | €2,718 | €2,758 | €12,552 | ▲ 355% |
| Remuneration and social security454/9 | - | - | - | €8,361 | €5,000 | €6,560 | €2,384 | €7,441 | ▲ 212% |
| Other amounts payable47/48 | - | - | - | €0 | - | - | - | €5,595 | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | €23 | €0 | €23 | €41,198 | ▲ 1,798× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,003 | €12,439 | €15,657 | €16,142 | €48,613 | €14,972 | €527 | €6,527 | ▲ 12× |
| + Depreciation and write-downs630 | €44,209 | €49,287 | €55,190 | €53,960 | €56,267 | €60,172 | €66,724 | €69,420 | ▲ 4.0% |
| Operating cash flow (approximation) | €57,212 | €61,727 | €70,846 | €70,101 | €104,880 | €75,145 | €67,251 | €75,947 | ▲ 12.9% |
| Investment in fixed assets (approximation) | - | -€89,672 | -€80,744 | -€13,059 | -€79,399 | -€31,459 | -€53,938 | -€18,649 | ▲ 65.4% |
| Change in cash | - | - | €158,737 | -€51,086 | -€49,915 | -€17,359 | €98,005 | €32,664 | ▼ 66.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as Pro Projects has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
95.1%
was still going
4.0%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of Pro Projects itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 10,904 companies, not a prediction for Pro Projects. 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.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-07-2026 | 2026-00238541 | |
| 31-12-2024 | abbreviated format | 09-07-2025 | 2025-00247820 | |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00218507 | |
| 31-12-2022 | micro format | 04-07-2023 | 2023-00219194 | |
| 31-12-2021 | micro format | 11-07-2022 | 2022-20174206 | |
| 31-12-2020 | micro format | 19-07-2021 | 2021-37300250 | |
| 31-12-2019 | micro format | 29-06-2020 | 2020-22100237 | |
| 31-12-2018 | micro format | 03-07-2019 | 2019-28900200 | |
| 31-12-2017 | micro format | 03-07-2018 | 2018-30400563 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-25900433 |
Board & ownership
Directors
Directors
2 directors
Cogghe Deborah
Current
Director · in office according to the act of 20-02-2025 · listed in the 2025 annual accounts, filed on 01-07-2026
Provoost Dieter
Current
Director · in office according to the act of 20-02-2025 · listed in the 2025 annual accounts, filed on 01-07-2026
Owners and capital
Owners
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Cogghe Deborah |
|
| Provoost Dieter |
|
Network & group
Pro Projects shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of Pro Projects. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
01-07
abbreviated format · 30 days before the deadline
2025
09-07
abbreviated format · 22 days before the deadline
20-02
Gazette deed
Reappointments: Provoost Dieter (director) and Cogghe Deborah (director)Capital conversion · Approval · Purpose change13 points ▸
Gazette deed
Reappointments: Provoost Dieter (director) and Cogghe Deborah (director)
Capital conversion · Approval · Purpose change13 points ▸
- General meeting, 06-02-2025
- Other provision, “Wet van 23-03-2019 tot invoering van het Wetboek van Vennootschappen en Verenigingen en houdende diverse bepalingen, kennisname inwerkingtreding nieuw wetboe…” (deed in Dutch)
- Capital conversion, “dwingende bepalingen van het Wetboek van Vennootschappen en Verenigingen”, 01-01-2020 (deed in Dutch)
- Other provision, “omzetting statutair onbeschikbare eigen vermogensrekeningen, statutair beschikbare inbreng (rubriek 110)” (deed in Dutch)
- Approval, “verslag van het bestuursorgaan met verantwoording van geplande wijziging van het voorwerp, voorzitter geeft lezing en toelichting” (deed in Dutch)
- Purpose change
- Other provision, “aanneming nieuwe statuten, volledig nieuwe statuten” (deed in Dutch)
- Director reappointment, Provoost Dieter (director)
- Director reappointment, Cogghe Deborah (director)
- Other provision, “verbod mandaat bestuurder of zaakvoerder, geen verbod opgelegd tot uitoefenen mandaat in vennootschap” (deed in Dutch), mentioned 2 times in the deed
- Registered office clause, “blijft gevestigd, 8880 Ledegem, Provinciebaan 71” (deed in Dutch)
- Other provision, “website en e-mail, https://www.proprojects.be/” (deed in Dutch)
- The act holds 1 more point.
2024
31-12
Financial
Weakest financial yearnet €527 ▼96.5%
The net result drops to €527, the lowest from 2018 to 2025. It recovers the following year.
05-07
micro format · 26 days before the deadline
2023
04-07
micro format · 27 days before the deadline
2022
31-12
Financial
Highest result from 2018 to 2025net €48,613 ▲201%
The net result of €48,613 is the highest of those years.
11-07
micro format · 20 days before the deadline
2021
19-07
micro format · 12 days before the deadline
2020
29-06
micro format · 32 days before the deadline
2019
03-07
micro format · 28 days before the deadline
2018
03-07
micro format · 28 days before the deadline
2017
30-06
micro format · 31 days before the deadline
2015
18-03
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Pro Projects in Dutch
Enterprise number
0600.974.584
Legal form
Private limited company
Status
Active, normale toestand
Founded
14-03-2015
Entity type
Legal entity
Name clauseThe company operates under this name according to its articles.
Pro Projects
deed of 20-02-2025 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 20-02-2025 (in Dutch)Registered office and establishments
Registered office
Provinciebaan 71, 8880 Ledegem, Belgium
Establishment unit
Pro Projects, Provinciebaan 71, 8880 Ledegem since 01-04-2015 · unit number 2.242.448.176
Website
www.proprojects.be
Activities
NACEBEL 2025VAT activities
43990
Other specialised construction activities main activity
42990
Civil engineering
43240
Other construction installation
Social security (RSZ) activities
43990
Other specialised construction activities main activity
Codes under NACEBEL 2008
VAT activities
43999
Specialised construction activities main activity
42990
Civil engineering
43299
Specialised construction activities
Social security (RSZ) activities
43999
Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 20-02-2025 (in Dutch)
“Het aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden; Het snoeien van bomen en heggen…”
41 activities
- Het aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden
- Het snoeien van bomen en heggen
- Landschapsverzorging
- Algemene reiniging van gebouwen
- Handelsbemiddeling in hout- en bouwmaterialen
- Plaatsen,installatie,herstelling,onderhoud en vernieuwing van openbare en particuliere zwembaden
- Waterdicht maken van zwembaden,vijvers en badkamer
- Plaatsen,installatie,herstelling,onderhoud en vernieuwing van zwemvijver
- Vervaardigen van polyesteronderdelen
- Alle activiteiten van een algemene bouwonderneming.
- Renovatie van badkamer dmv polyester
- Onderneming voor de omvorming of ombouwing of valorisatie van onroerende goederen van alle aard,zo gronden als gebouwen,zo op het platteland als in bebouwde kommen,in voorkomend geval door middel van lotisering,verkaveling,nieuwbouw,heropbouw of verbouwing,alsmede binnenhuis-,winkel-,en bureelinrichtingen.
- Onderneming voor de nieuwbouw en werkzaamheden voor totale renovatie bij individuele woningen,appartementsgebouwen,kantoorgebouwen,commerciële centra,industriële gebouwen,hotels,jachthaven,autowegen,….
- Onderneming voor het optrekken en afbreken van steigers en werkplatforms
- Onderneming voor het uitvoeren van hijs- en hefwerkzaamheden voor rekening van derden
- Onderneming voor het monteren van niet-zelfvervaardigde metalen constructiewerken
- Onderneming voor het bouwen van funderingen,inclusief heien
- Onderneming voor het uitvoeren van voegwerken
- Gevelreiniging
- Reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
- Installatie van stores en zonneschermen
- Isolatie van koelkamers en –pakhuizen
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
- Aanbrengen in gebouwen en andere bouwwerken van thermische isolatiematerialen en isolatiematerialen tegen geluid en trillingen
- Isolatiewerkzaamheden
- Grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
- Onderneming voor het boren en aanleggen van waterputten,graven van mijnschachten
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden
- Vervaardiging van geprefabriceerde gebouwen,overwegend van metaal: bouwketen,modulaire tentoonstellingselementen,telefooncellen,e.d.m.
- Vervaardiging van metalen constructiewerken of gebinten voor de bouw
- Alle handelingen in verband met het beheer van vennootschappen en natuurlijke personen,het advies en de opleiding van vennootschappen en natuurlijke personen op het vlak van marketing,management,verkoopspolitiek,administratie en secretariaat. Het verlenen van secretariaatsdiensten,het verstrekken van allerhande diensten met uitzondering van gereglementeerde diensten
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,uitbaten van onroerende goederen,en eventueel deze ter beschikking ter stellen van een aandeelhouder of een bestuurder.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen,en eventueel deze ter beschikking ter stellen van een aandeelhouder of een bestuurder.
- Het nemen van participaties onder welke vorm ook in alle vennootschappen in België of in het buitenland,bestaande of op te richten,door middel van inbrengen,onderschrijvingen,overdrachten of ruilingen,al dan niet om er het bestuur van te controleren of om er gewoon een aandeel in te hebben,alsook de aankoop,verkoop en ruiling van alle effecten
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen
- Energiedelen overeenkomstig de bepalingen van het Decreet van 8 mei 2009 houdende algemene bepalingen betreffende het energiebeleid (en latere wijzigingen),alsook gelijkaardige toepassingen van energiedelen gekend in het Waals Gewest en/of Brussels Hoofdstedelijk Gewest. Voormelde activiteit zal niet de belangrijkste commerciële of professionele activiteit van de vennootschap uitmaken.
- De verkoop van energie via directe lijn en/of peer-to-peerhandel in hernieuwbare energie,overeenkomstig de bepalingen van het Decreet van 8 mei 2009 houdende algemene bepalingen betreffende het energiebeleid (en latere wijzigingen),alsook gelijkaardige toepassingen van energiedelen gekend in het Waals Gewest en/of Brussels Hoofdstedelijk Gewest. Voormelde activiteit zal niet de belangrijkste commerciële of professionele activiteit van de vennootschap uitmaken.
- De productie / het opslaan van energie door middel van zonnepanelen,windmolens,batterijen en andere installaties; de uitbating/exploitatie van elektrische laadpalen/laadstations voor elektrische (vracht)wagens.
- De groot- en kleinhandel in,de import en export van,de markt- en straathandel in diverse artikelen en producten,en vooral betreffende wellness.
- Alle verrichtingen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen.
- Het uitoefenen van het mandaat van bestuurder,zaakvoerder,vereffenaar of dergelijke functies in andere vennootschappen.
Invoicing and payment
VAT number
BE 0600.974.584
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0600.974.584
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of June at 17:00
deed of 20-02-2025 (in Dutch)Recognitions · licences · registrations
Recognised contractor
6 categoriesPro Projects BVapproval number #9640
- D8 Asphalt and similar roof coverings, waterproofingclass 1, up to €162,000
- D10 Tilingclass 1, up to €162,000
- D12 Non-metal, non-asphalt roof coveringsclass 1, up to €162,000
- D25 Wall and floor coverings other than marble, parquet and tilesclass 1, up to €162,000
- F3 Industrial paintingclass 1, up to €162,000
Pro Projects BVapproval number 41825
- D29 Floor screeds and industrial floor coveringsclass 1, up to €162,000
Dual-learning approval
1 live approvalMedewerker schilder- en behangwerken duaal (so)
Environmental permits
2 applications in Flanders since 2018 · 1 refused
Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
225 m²
Building footprint
123 m²
Building volume
749 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36010B0088/00N000 | Flanders | 224 m² | 1 · 123 m² | 8.2 m · 2 |