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PROBAS

Active
Private limited companyfounded 20205 yrs activeVaartstraat 164, 2490 Balen, BelgiumKBO/BCE: BE 0757.565.941
Summary

PROBAS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€57,890) and a net result of -€36,165. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability10▼-5
Solvency13▼-7
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.9 against 2.72 in 2024; short-term debt: 111.4% and cash: 0.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-11.8%
Return on assets
-7.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€57,890
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 17-07-2026, 14 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
14 d early
2024
14 d early
2023
14 d early
2022
on the day
2021
31 d late
← 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 2 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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
28-09-2026 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

History

PROBAS was incorporated on 28 October 2020 as a Private limited company.1 Total assets fell from EUR 1.1 million in 2021 to EUR 490,976 in 2025 and headcount from 1 full-time equivalents in 2022 to 1 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021, 2022 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€57,890▼ 166%
2024 · -€21,725
Total assets
€490,976▲ 10.2%
2024 · €445,516
Net result
-€36,165▼ 179%
2024 · -€12,954
Working capital
-€56,982
2024 · €280,166
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€21,238--€12,304▲ 42.1%€24,450-€18,760-€51,921▼ 177%
Net result-€23,915below the sector's middle half-€4,306within the sector's middle half€10,738within the sector's middle half▲ 149%-€12,954within the sector's middle half-€36,165below the sector's middle half▼ 179%
Equity-€23,815below the sector's middle half--€19,509below the sector's middle half▲ 18.1%-€8,770below the sector's middle half▲ 55.0%-€21,725below the sector's middle half▼ 148%-€57,890below the sector's middle half▼ 166%
Total assets€1.1mwithin the sector's middle half-€2.7mwithin the sector's middle half▲ 152%€415,131below the sector's middle half▼ 84.4%€445,516below the sector's middle half▲ 7.3%€490,976below the sector's middle half▲ 10.2%
Debt€1.1m-€2.7m▲ 148%€423,902▼ 84.2%€467,241▲ 10.2%€548,866▲ 17.5%
Working capital-€29,505within the sector's middle half--€24,923within the sector's middle half▲ 15.5%-€11,442within the sector's middle half▲ 54.1%€280,166within the sector's middle half-€56,982within the sector's middle half
Solvency-2.3%below the sector's middle half--0.7%below the sector's middle half▲ 1.5pp-2.1%below the sector's middle half▼ 1.4pp-4.9%below the sector's middle half▼ 2.8pp-11.8%below the sector's middle half▼ 6.9pp
Current ratio0.97within the sector's middle half-0.99within the sector's middle half▲ 0.020.97within the sector's middle half▼ 0.022.72within the sector's middle half▲ 1.750.90within the sector's middle half▼ 1.83
Return on assets (ROA)-2.3%below the sector's middle half-0.2%within the sector's middle half▲ 2.4pp2.6%within the sector's middle half▲ 2.4pp-2.9%below the sector's middle half▼ 5.5pp-7.4%below the sector's middle half▼ 4.5pp
Staff (FTE)1within the sector's middle half1within the sector's middle half=1within the sector's middle half
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2021: -€21,238-€21,238Net result 2021: -€23,915-€23,915Operating result 2022: -€12,304-€12,304Net result 2022: €4,306€4,306Operating result 2023: €24,450€24,450Net result 2023: €10,738€10,738Operating result 2024: -€18,760-€18,760Net result 2024: -€12,954-€12,954Operating result 2025: -€51,921-€51,921Net result 2025: -€36,165-€36,16520212022202320242025-€60,000-€40,000-€20,000€0€20,000Operating result 2023: €24,450€24,400Net result 2023: €10,738€10,700Operating result 2024: -€18,760-€18,800Net result 2024: -€12,954-€13,000Operating result 2025: -€51,921-€51,900Net result 2025: -€36,165-€36,200202320242025
The operating result stays negative: a loss of €51,921 in 2025 against €18,760 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €490,976
Fixed assets €916 ▼ 67.4%
Current assets €490,061 ▲ 10.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€50,025▼
2024 · -€16,757
Cash flow
-€34,268▼
2024 · -€10,952
Debt to equity
-9.48▲
2024 · -21.51
Interest coverage
-4.75▼
2024 · -0.90
Debt ≤ 1 year
€547,042▲
2024 · €162,538
Staff costs
€40,571▲
2024 · €642
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,570 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss
4.6% went bankrupt
5.5% stopped otherwise
88% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 1,570 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€445,516€490,976▲
Fixed assets21/28€2,813€916▼
Tangible fixed assets22/27€2,813€916▼
Furniture and vehicles24€2,813€916▼
Current assets29/58€442,703€490,061▲
Amounts receivable within one year40/41€439,310€488,539▲
Trade receivables40€6,500€34,700▲
Other amounts receivable41€432,810€453,839▲
Cash at bank and in hand54/58€1,825€489▼
Deferred charges and accrued income490/1€1,568€1,033▼
Equity and liabilities
Total equity and liabilities10/49€445,516€490,976▲
Equity10/15-€21,725-€57,890▼
Contributions10/11€100€100=
Profit (loss) carried forward14-€21,825-€57,990▼
Amounts payable17/49€467,241€548,866▲
Amounts payable after more than one year17€300,000-
Financial debts170/4€300,000-
Amounts payable within one year42/48€162,538€547,042▲
Financial debts43-€300,000
Credit institutions430/8-€300,000
Trade debts44€80,784€81,219▲
Suppliers440/4€80,784€81,219▲
Taxes, remuneration and social security45-€3,211
Remuneration and social security454/9-€3,211
Other amounts payable47/48€81,754€162,612▲
Accrued charges and deferred income492/3€4,703€1,824▼
Income statement Code20242025
Remuneration, social security and pensions62€642€40,571▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,003€1,897▼
Other operating charges640/8€1,173€10,587▲
Gross operating margin9900-€14,941€1,133▲
Operating profit (loss)9901-€18,760-€51,921▼
Financial income75/76B€24,475€26,291▲
Recurring financial income75€24,475€26,291▲
Financial charges65/66B€18,669€10,535▼
Recurring financial charges65€18,669€10,535▼
Profit (loss) for the period before taxes9903-€12,954-€36,165▼
Profit (loss) for the period9904-€12,954-€36,165▼
Profit (loss) for the period to be appropriated9905-€12,954-€36,165▼
Appropriation of the result
Profit (loss) to be appropriated9906-€21,825-€57,990▼
Profit (loss) brought forward from the previous period14P-€8,870-€21,825▼
Social balance
Average headcount (FTE)9087-1.0

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€32,792€27,293€642€40,571▲ 6,215%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€491€1,513€2,003€2,003€1,897▼ 5.3%
Other operating charges640/8€1,426€582€1,176€1,173€10,587▲ 802%
Gross operating margin9900-€19,322€22,583€54,921-€14,941€1,133▲ 108%
Operating profit (loss)9901-€21,238-€12,304€24,450-€18,760-€51,921▼ 177%
Financial income75/76B-€19,755-€24,475€26,291▲ 7.4%
Recurring financial income75-€19,755-€24,475€26,291▲ 7.4%
Financial charges65/66B€2,677€3,145€12,678€18,669€10,535▼ 43.6%
Recurring financial charges65€2,677€3,145€12,678€18,669€10,535▼ 43.6%
Profit (loss) for the period before taxes9903-€23,915€4,306€11,772-€12,954-€36,165▼ 179%
Income taxes67/77--€1,034---
Profit (loss) for the period9904-€23,915€4,306€10,738-€12,954-€36,165▼ 179%
Profit (loss) for the period to be appropriated9905-€23,915€4,306€10,738-€12,954-€36,165▼ 179%
Line20212022202320242025Change
Assets
Total assets20/58€1.1m€2.7m€415,131€445,516€490,976▲ 10.2%
Fixed assets21/28€6,542€6,818€4,815€2,813€916▼ 67.4%
Tangible fixed assets22/27€6,542€6,818€4,815€2,813€916▼ 67.4%
Furniture and vehicles24€6,542€6,818€4,815€2,813€916▼ 67.4%
Current assets29/58€1.0m€2.7m€410,316€442,703€490,061▲ 10.7%
Stocks and contracts in progress3€48,032-----
Contracts in progress37€48,032-----
Amounts receivable within one year40/41€905,942€1.5m€405,119€439,310€488,539▲ 11.2%
Trade receivables40€49,878€1.0m€315,198€6,500€34,700▲ 434%
Other amounts receivable41€856,064€414,802€89,921€432,810€453,839▲ 4.9%
Cash at bank and in hand54/58€93,763€8,099€4,736€1,825€489▼ 73.2%
Deferred charges and accrued income490/1-€1.2m€461€1,568€1,033▼ 34.1%
Equity and liabilities
Total equity and liabilities10/49€1.1m€2.7m€415,131€445,516€490,976▲ 10.2%
Equity10/15-€23,815-€19,509-€8,770-€21,725-€57,890▼ 166%
Contributions10/11€100€100€100€100€100=
Profit (loss) carried forward14-€23,915-€19,609-€8,870-€21,825-€57,990▼ 166%
Amounts payable17/49€1.1m€2.7m€423,902€467,241€548,866▲ 17.5%
Amounts payable after more than one year17---€300,000--
Financial debts170/4---€300,000--
Amounts payable within one year42/48€1.1m€2.7m€421,758€162,538€547,042▲ 237%
Financial debts43€300,000€300,000€300,000-€300,000-
Credit institutions430/8€300,000€300,000€300,000-€300,000-
Trade debts44€102,675€350,643€118,832€80,784€81,219▲ 0.5%
Suppliers440/4€102,675€350,643€118,832€80,784€81,219▲ 0.5%
Taxes, remuneration and social security45€392,614€4,222€2,926-€3,211-
Taxes450/3€392,614-€1,034---
Remuneration and social security454/9-€4,222€1,892-€3,211-
Other amounts payable47/48€281,954€2.0m-€81,754€162,612▲ 98.9%
Accrued charges and deferred income492/3€852€1,404€2,144€4,703€1,824▼ 61.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€23,915€4,306€10,738-€12,954-€36,165▼ 179%
+ Depreciation and write-downs630€491€1,513€2,003€2,003€1,897▼ 5.3%
Operating cash flow (approximation)-€23,424€5,819€12,741-€10,952-€34,268▼ 213%
Investment in fixed assets (approximation)--€1,789€0€0€0-
Change in cash--€85,664-€3,363-€2,910-€1,336▲ 54.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€36,165
Net result drops to -€36,165, the lowest in the series.
17-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Liquidity triplescurrent ratio 2.72
Current ratio from 0.97 to 2.72; short-term debt falls from €421,758 to €162,538.
17-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2021net €10,738 ▲149%
Operating result €24,450, net result €10,738, both a record.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €4,306
Net result €4,306 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Balen · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,039 m²
Building footprint
281 m²
Volume, LiDAR
1,747 m³
Parcel 13003A1184/00F002, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
PROBAS
Vaartstraat 164, 2490 BalenReal estate development
since 20202.309.617.411
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13003A1184/00F002 Flanders 1,039 m² 1 · 281 m² 11.6 m · 2 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.

Similar companies · same sector, comparable size

Of 1,294 companies in sector 68122 we hold annual accounts for 904. 130 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
81230Other cleaning activities
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0757565941
Also 9925:BE0757565941
Registered 16-12-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.