Pro Team SM
Open bankruptcyA bankruptcy procedure is open for Pro Team SM according to publications in the Belgian State Gazette; curator: ANNE-MARIE LAUREYS. The 2024 annual accounts show negative equity (€-39k) and a net result of €-32k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€39k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
64 d late
2022
30 d late
2021
31 d late
2020
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-39k▼ 452%
2023 · €-7k
2020: €7k
2021: €5k
2022: €9k
2023: €-7k
2020 → 2024
Total assets
€58k▼ 9.8%
2023 · €64k
2020: €18k
2021: €94k
2022: €111k
2023: €64k
2020 → 2024
Net result
€-32k▼ 96.2%
2023 · €-16k
2020: €4k
2021: €5k
2022: €17k
2023: €-16k
2020 → 2024
Working capital
€-61k▼ 187%
2023 · €-21k
2020: €6k
2021: €-6k
2022: €2k
2023: €-21k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€5k▼ 22.4%€9k▲ 69.5%€-7k€-39k▼ 452%
Operating result€5k-€6k▲ 23.5%€23k▲ 272%€-15k€-27k▼ 83.8%
Net result€4k-€5k▲ 16.8%€17k▲ 281%€-16k€-32k▼ 96.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27k in 2024 against €15k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €58k
Fixed assets
€22k▼ 47.2%
Current assets
€36k▲ 61.9%
Key figures and ratios
EBITDA
€-8k▼
2023 · €4k
Cash flow
€-12k▼
2023 · €3k
Solvency
-66.6%▼
2023 · -10.9%
Current ratio
0.37▼
2023 · 0.51
Quick ratio
0.34▼
2023 · 0.43
Debt / equity
-2.50▲
2023 · -10.19
ROE
81.9%▼
2023 · 230.4%
ROA
-54.5%▼
2023 · -25.1%
Interest coverage
-2.18▼
2023 · 2.46
Debt
€97k▲
2023 · €71k
Debt ≤ 1 year
€97k▲
2023 · €43k
Income taxes
€719▲
2023 · €-448
Staff costs
€1k▼
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€64k€58k▼
Fixed assets21/28€42k€22k▼
Tangible fixed assets22/27€42k€22k▼
Plant, machinery and equipment23€14k€8k▼
Furniture and vehicles24€19k€12k▼
Leasing and similar rights25€9k€3k▼
Current assets29/58€22k€36k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€11k€25k▲
Trade receivables40€2k€18k▲
Other amounts receivable41€9k€7k▼
Cash at bank and in hand54/58€7k€7k▼
Deferred charges and accrued income490/1€354-
Equity and liabilities
Total equity and liabilities10/49€64k€58k▼
Equity10/15€-7k€-39k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-10k€-42k▼
Amounts payable17/49€71k€97k▲
Amounts payable after more than one year17€28k-
Financial debts170/4€28k-
Amounts payable within one year42/48€43k€97k▲
Current portion of amounts payable after more than one year42€20k€19k▼
Trade debts44€16k€55k▲
Suppliers440/4€16k€55k▲
Taxes, remuneration and social security45€7k€20k▲
Taxes450/3€7k€20k▲
Other amounts payable47/48-€3k
Income statement
Code20232024
Remuneration, social security and pensions62€9k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€3k€1k▼
Gross operating margin9900€16k€-3k▼
Operating profit (loss)9901€-15k€-27k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-17k€-31k▼
Income taxes67/77€-448€719▲
Profit (loss) for the period9904€-16k€-32k▼
Profit (loss) for the period to be appropriated9905€-16k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-42k▼
Profit (loss) brought forward from the previous period14P€6k€-10k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · PRO TEAM SM BV KRAAIWIN- KEL(HA) 6, 9450 HAALTERT · event 16-12-2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2020net €17k ▲281%
Operating result €23k, net result €17k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Haaltert · 1 establishment unit since 2020
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.
Kraaiwinkel(HA) 69450 HaaltertGround area
1,290 m²
Building footprint
148 m²
Volume, LiDAR
406 m³
Parcel 41024A0517/00H000, Flanders · tallest building 4.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Pro Team SM
since 20202.300.135.858
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41024A0517/00H000 | Flanders | 1,290 m² | 1 · 148 m² | 4.0 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANNE-MARIE LAUREYS ROOMSTRAAT 40,
9160 LOKEREN |
16-12-2025 → present |
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Of 3,934 companies in sector 43331 we hold annual accounts for 1,776. 1,027 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2020
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.