PRO SIM
ActiveSummary
The computed 12-month bankruptcy probability of PRO SIM is 1.9% (moderate). The 2025 annual accounts show equity of €98,530 and a net result of €82,193. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 21% of 7564 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+5
Solvency39▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.91 in 2024; short-term debt: 59.6% and cash: 4.2% of total assets), and 85.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 7564 sector peers (2025).
NBB · sector comparisonPosition among 7564 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
23 d early
2023
13 d late
2022
31 d early
2021
53 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 19 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€98,530▼ 22.0%
2024 · €126,337
Total assets
€693,171▲ 0.6%
2024 · €689,214
Net result
€82,193▲ 21.4%
2024 · €67,702
Working capital
-€58,697▼ 78.8%
2024 · -€32,827
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€38,195-€54,689▲ 43.2%€119,791▲ 119%€124,722▲ 4.1%€146,799▲ 17.7%
Net result€22,674-€35,407▲ 56.2%€73,555▲ 108%€67,702▼ 8.0%€82,193▲ 21.4%
Equity€27,674-€63,081▲ 128%€136,635▲ 117%€126,337▼ 7.5%€98,530▼ 22.0%
Total assets€124,474-€200,397▲ 61.0%€627,769▲ 213%€689,214▲ 9.8%€693,171▲ 0.6%
Debt€96,799-€137,316▲ 41.9%€491,134▲ 258%€562,877▲ 14.6%€594,641▲ 5.6%
Working capital-€7,691-€19,447-€9,852-€32,827▼ 233%-€58,697▼ 78.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €693,171
Fixed assets
€338,806 ▼ 2.7%
Current assets
€354,365 ▲ 4.0%
Equity and liabilities €693,171
Equity
€98,530 ▼ 22.0%
Debt
€594,641 ▲ 5.6%
Debt's share of the balance-sheet total rises from 81.7% to 85.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€189,348▲
2024 · €163,449
Cash flow
€124,742▲
2024 · €106,429
Current ratio
0.86▼
2024 · 0.91
Debt to equity
6.04▲
2024 · 4.46
ROE
83.4%▲
2024 · 53.6%
ROA
11.9%▲
2024 · 9.8%
Interest coverage
4.85▲
2024 · 4.59
Debt ≤ 1 year
€413,062▲
2024 · €373,659
Debt > 1 year
€181,579▼
2024 · €189,218
Income taxes
€25,894▲
2024 · €21,725
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,677 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
1.2%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,677 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,353 | €18,352 | €27,932 | €38,727 | €42,549 | ▲ 9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €6,249 | €7,849 | - | - | - |
| Other operating charges640/8 | - | €4,849 | €4,807 | €11,610 | €88,162 | ▲ 659% |
| Gross operating margin9900 | €55,111 | €84,139 | €160,379 | €175,059 | €277,510 | ▲ 58.5% |
| Operating profit (loss)9901 | €38,195 | €54,689 | €119,791 | €124,722 | €146,799 | ▲ 17.7% |
| Financial income75/76B | - | - | €614 | €308 | €293 | ▼ 5.0% |
| Recurring financial income75 | €5 | - | €614 | €308 | €293 | ▼ 5.0% |
| Financial charges65/66B | - | €5,051 | €20,883 | €35,604 | €39,005 | ▲ 9.6% |
| Recurring financial charges65 | €5,541 | €5,051 | €20,883 | €35,604 | €39,005 | ▲ 9.6% |
| Profit (loss) for the period before taxes9903 | €32,659 | €49,638 | €99,522 | €89,426 | €108,087 | ▲ 20.9% |
| Income taxes67/77 | €9,985 | €14,232 | €25,968 | €21,725 | €25,894 | ▲ 19.2% |
| Profit (loss) for the period9904 | €22,674 | €35,407 | €73,555 | €67,702 | €82,193 | ▲ 21.4% |
| Profit (loss) for the period to be appropriated9905 | €22,674 | €35,407 | €73,555 | €67,702 | €82,193 | ▲ 21.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €124,474 | €200,397 | €627,769 | €689,214 | €693,171 | ▲ 0.6% |
| Fixed assets21/28 | €66,010 | €62,698 | €349,728 | €348,382 | €338,806 | ▼ 2.7% |
| Tangible fixed assets22/27 | €64,194 | €53,903 | €340,933 | €339,587 | €330,011 | ▼ 2.8% |
| Land and buildings22 | - | - | €266,045 | €255,265 | €244,485 | ▼ 4.2% |
| Plant, machinery and equipment23 | - | €6,137 | €40,179 | €60,225 | €73,015 | ▲ 21.2% |
| Furniture and vehicles24 | - | €47,766 | €34,709 | €24,098 | €12,512 | ▼ 48.1% |
| Financial fixed assets28 | €1,816 | €8,795 | €8,795 | €8,795 | €8,795 | = |
| Current assets29/58 | €58,464 | €137,698 | €278,041 | €340,832 | €354,365 | ▲ 4.0% |
| Amounts receivable after more than one year29 | - | - | €30,000 | €22,000 | €22,000 | = |
| Other amounts receivable291 | - | - | €30,000 | €22,000 | €22,000 | = |
| Amounts receivable within one year40/41 | €47,450 | €121,246 | €244,634 | €290,678 | €303,420 | ▲ 4.4% |
| Trade receivables40 | - | €108,941 | €178,079 | €244,770 | €282,662 | ▲ 15.5% |
| Other amounts receivable41 | - | €12,305 | €66,555 | €45,908 | €20,758 | ▼ 54.8% |
| Cash at bank and in hand54/58 | €8,615 | €9,636 | €2,652 | €26,485 | €28,945 | ▲ 9.3% |
| Deferred charges and accrued income490/1 | - | €6,817 | €755 | €1,668 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €124,474 | €200,397 | €627,769 | €689,214 | €693,171 | ▲ 0.6% |
| Equity10/15 | €27,674 | €63,081 | €136,635 | €126,337 | €98,530 | ▼ 22.0% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | €25,000 | €85,000 | €85,000 | €85,000 | = |
| Distributable reserves133 | - | €25,000 | €85,000 | €85,000 | €85,000 | = |
| Profit (loss) carried forward14 | €22,674 | €33,081 | €46,635 | €36,337 | €8,530 | ▼ 76.5% |
| Amounts payable17/49 | €96,799 | €137,316 | €491,134 | €562,877 | €594,641 | ▲ 5.6% |
| Amounts payable after more than one year17 | €30,644 | €19,064 | €203,240 | €189,218 | €181,579 | ▼ 4.0% |
| Financial debts170/4 | - | €19,064 | €203,240 | €189,218 | €181,579 | ▼ 4.0% |
| Amounts payable within one year42/48 | €66,155 | €118,252 | €287,893 | €373,659 | €413,062 | ▲ 10.5% |
| Current portion of amounts payable after more than one year42 | - | €11,580 | €20,084 | €14,022 | €7,639 | ▼ 45.5% |
| Trade debts44 | €24,460 | €20,700 | €200,450 | €296,608 | €297,054 | ▲ 0.2% |
| Suppliers440/4 | - | €20,700 | €200,450 | €296,608 | €297,054 | ▲ 0.2% |
| Taxes, remuneration and social security45 | - | €14,162 | €40,130 | €44,189 | €48,366 | ▲ 9.5% |
| Taxes450/3 | - | €14,162 | €40,130 | €44,189 | €48,366 | ▲ 9.5% |
| Other amounts payable47/48 | - | €71,809 | €27,230 | €18,839 | €60,002 | ▲ 218% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,674 | €35,407 | €73,555 | €67,702 | €82,193 | ▲ 21.4% |
| + Depreciation and write-downs630 | €14,353 | €18,352 | €27,932 | €38,727 | €42,549 | ▲ 9.9% |
| Operating cash flow (approximation) | €37,027 | €53,759 | €101,486 | €106,429 | €124,742 | ▲ 17.2% |
| Investment in fixed assets (approximation) | - | -€15,041 | -€314,962 | -€37,381 | -€32,973 | ▲ 11.8% |
| Change in cash | - | €1,020 | -€6,984 | €23,833 | €2,460 | ▼ 89.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2021net €82,193 ▲21.4%
Operating result €146,799, net result €82,193, both a record.
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
31-03
Financial
Equity above €100,000Eq €136,635 ▲117%
3 profitable years in a row build equity to €136,635.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Aalst · 1 establishment unit since 2019
Ground area
334 m²
Building footprint
182 m²
Volume, LiDAR
815 m³
Parcel 41029A0885/00E002, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PRO SIM
since 20192.296.237.844
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41029A0885/00E002 | Flanders | 334 m² | 1 · 182 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
8 categoriesPRO SIM BV46054
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G&A
BE 0656.556.772
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C&S CORPORATION
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. 13,142 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-10-2019
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
33120Repair and maintenance of machinery
43211General electrical installation work
43240Other construction installation
43410Roofing work
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736793192
Also
9925:BE0736793192
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.