Checked.be
Active
BE 1009.481.968Private limited company
PRO RED
Muntelbeekstraat 9 ·3500 Hasselt, Belgium· 2 yrs active
Sector: Development of residential building projects
(68121)
Conclusion
PRO RED has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13k and a net result of €-7k. Its solvency ranks better than 76% of 4970 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €13k |
| Net result | €-7k |
| Better than sector | 76% |
| Active | 2 yrs |
Financial profile
56
/ 100
Mixed profile: strong on solvency, weaker on profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
60
Profitability
0
Solvency
97
Growth
-
Stability
67
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
60
/ 100
Healthy
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€1k
estimate, not credit advice
Score components
Liquidity
Current ratio 2.24 (≥ 1.5)
+10
Leverage
Debt/equity 0.81 (< 1.0)
+10
Profitability
Negatieve ROE -56%
-10
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · micro schema
Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 55.3% | 16.7% | |
| Net result | €-7k | €2k | |
| Equity | €13k | €27k | |
| Gross operating margin | €-7k | €27k | |
| Total assets | €23k | €303k |
Figures by fiscal year and ratios
| Fiscal year | 2024 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | - |
| Net profit | €-7k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €23k |
| Equity | €13k |
| Debt | €10k |
| of which ≤ 1y | €10k |
| of which > 1y | - |
| Working capital | €13k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 2.24 |
| Quick ratio | 0.82 |
| Working capital ratio | 55.3% |
| Solvency | 55.3% |
| Debt / equity | 0.81 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -30.7% |
| ROE | -55.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €23k |
| Current assets | 29/58 | €23k |
| Stocks & contracts in progress | 3 | €15k |
| Amounts receivable within one year | 40/41 | €4k |
| Investments | 50/53 | €10 |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €23k |
| Equity | 10/15 | €13k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-7k |
| Amounts payable | 17/49 | €10k |
| Amounts payable within one year | 42/48 | €10k |
| Trade debts payable within one year | 44 | €387 |
| Income statement | ||
| Gross operating margin | 9900 | €-7k |
| Operating result | 9901 | €-7k |
| Financial charges | 65 | €26 |
| Result before taxes | 9903 | €-7k |
| Net result for the period | 9904 | €-7k |
| Result to be appropriated | 9905 | €-7k |
Legal Structure
| NACE primary | Development of residential building projects(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 17-05-2024 |
| Status | Active |
| Postal code | 3500 |
Establishment units
PRO RED
since 20242.359.515.694
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71052D0119/00N000 | Flanders | 2,245 m² | 1 · 136 m² | 16.1 m · 2 fl. |
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.
Updates
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Development of residential building projects68121Development of non-residential building projects68122
Names & trade names
| Legal nameNL | PRO RED |
Similar companies
GEDAN REAL ESTATE
BE 1017.316.006 · Oudenburg
Prorem Invest & Consulting
BE 0549.826.187 · Huldenberg
Quickhomes
BE 0779.307.601 · Kontich
Immo Willems & Geukens
BE 0746.447.563 · Vorselaar
LAUPAT INDUSTRIES
BE 0758.626.706 · Turnhout