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PROBEL GROUP

Active
Public limited companyfounded 198639 yrs activeEdingenstraat 18, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0429.608.149
Summary

PROBEL GROUP has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,947 and a net result of €18,265. Equity is shrinking by ~19% per year across the filed fiscal years. Its solvency ranks better than 95% of 4238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability99▲+3
Solvency100▲+3
Growth38=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 19.68 against 3.59 in 2024; short-term debt: 5.1% and cash: 29.2% of total assets), and 5.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.9%
Return on assets
24.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €70,947
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
28 d late
2023
23 d late
2022
26 d late
2021
16 d late
2020
60 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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. Usually files around 24 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

PROBEL GROUP was incorporated on 8 October 1986.1 Revenue fell from EUR 3.8 million in 2019 to EUR 4,759 in 2021 and headcount from 9.6 full-time equivalents in 2018 to 0.3 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019 and 2021

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Financials · fiscal year 2025, full schema

Turnover
€4,759▼ 99.8%
2020 · €3.0m
EBIT margin
-46.1%▼ 46.9pp
2020 · 0.8%
Net result
€18,265▲ 14.0%
2024 · €16,016
Working capital
€70,947▲ 34.7%
2024 · €52,682
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€4,759▼ 99.8%
Operating result-€2,195-€75,663▼ 3,347%-€14,542▲ 80.8%€17,807€19,236▲ 8.0%
Net result-€4,175below the sector's middle half-€77,684below the sector's middle half▼ 1,761%-€16,942below the sector's middle half▲ 78.2%€16,016within the sector's middle half€18,265within the sector's middle half▲ 14.0%
EBIT margin-46.1%▼ 46.9pp
Equity€131,292above the sector's middle half▼ 3.1%€53,608within the sector's middle half▼ 59.2%€36,666below the sector's middle half▼ 31.6%€52,682below the sector's middle half▲ 43.7%€70,947below the sector's middle half▲ 34.7%
Total assets€194,759within the sector's middle half▼ 76.9%€104,799within the sector's middle half▼ 46.2%€55,370below the sector's middle half▼ 47.2%€72,986below the sector's middle half▲ 31.8%€74,745below the sector's middle half▲ 2.4%
Debt€63,467▼ 91.0%€51,191▼ 19.3%€18,703▼ 63.5%€20,304▲ 8.6%€3,797▼ 81.3%
Working capital€113,972above the sector's middle half▲ 9.4%€44,097within the sector's middle half▼ 61.3%€36,240within the sector's middle half▼ 17.8%€52,682within the sector's middle half▲ 45.4%€70,947within the sector's middle half▲ 34.7%
Solvency67.4%above the sector's middle half▲ 51.3pp51.2%within the sector's middle half▼ 16.3pp66.2%above the sector's middle half▲ 15.1pp72.2%above the sector's middle half▲ 6.0pp94.9%above the sector's middle half▲ 22.7pp
Current ratio2.80above the sector's middle half▲ 1.651.86within the sector's middle half▼ 0.932.94above the sector's middle half▲ 1.083.59above the sector's middle half▲ 0.6619.68above the sector's middle half▲ 16.09
Return on assets (ROA)-2.1%below the sector's middle half▼ 2.4pp-74.1%below the sector's middle half▼ 72.0pp-30.6%below the sector's middle half▲ 43.5pp21.9%above the sector's middle half▲ 52.5pp24.4%above the sector's middle half▲ 2.5pp
Staff (FTE)0.3▼ 93.3%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2021 Turnover -100% on 2020. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
-€100,000-€75,000-€50,000-€25,000€0€25,000Operating result 2021: -€2,195-€2,195Net result 2021: -€4,175-€4,175Operating result 2022: -€75,663-€75,663Net result 2022: -€77,684-€77,684Operating result 2023: -€14,542-€14,542Net result 2023: -€16,942-€16,942Operating result 2024: €17,807€17,807Net result 2024: €16,016€16,016Operating result 2025: €19,236€19,236Net result 2025: €18,265€18,26520212022202320242025-€20,000-€10,000€0€10,000€20,000Operating result 2023: -€14,542-€14,500Net result 2023: -€16,942-€16,900Operating result 2024: €17,807€17,800Net result 2024: €16,016€16,000Operating result 2025: €19,236€19,200Net result 2025: €18,265€18,300202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €74,745
Equity €70,947 ▲ 34.7%
Debt €3,797 ▼ 81.3%
Debt's share of the balance-sheet total falls from 27.8% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.05▼
2024 · 0.39
ROE
25.7%▼
2024 · 30.4%
Debt ≤ 1 year
€3,797▼
2024 · €20,304
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

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 31,371 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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€72,986€74,745▲
Current assets29/58€72,986€74,745▲
Amounts receivable within one year40/41€51,510€52,936▲
Trade receivables40€38,450€39,060▲
Other amounts receivable41€13,060€13,876▲
Cash at bank and in hand54/58€21,477€21,809▲
Equity and liabilities
Total equity and liabilities10/49€72,986€74,745▲
Equity10/15€52,682€70,947▲
Contributions10/11€74,368€74,368=
Capital10€74,368€74,368=
Issued capital100€74,368€74,368=
Reserves13€12,101€12,101=
Non-distributable reserves130/1€12,101€12,101=
Legal reserve130€12,101€12,101=
Profit (loss) carried forward14-€33,787-€15,522▲
Amounts payable17/49€20,304€3,797▼
Amounts payable within one year42/48€20,304€3,797▼
Trade debts44€1,351€3,797▲
Suppliers440/4€1,351€3,797▲
Taxes, remuneration and social security45€815-
Taxes450/3€815-
Other amounts payable47/48€18,138-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€426-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€2,652
Other operating charges640/8€282€2,739▲
Gross operating margin9900€18,515€19,324▲
Operating profit (loss)9901€17,807€19,236▲
Financial income75/76B€768€816▲
Recurring financial income75€768€816▲
Financial charges65/66B€2,560€1,787▼
Recurring financial charges65€2,560€1,787▼
Profit (loss) for the period before taxes9903€16,016€18,265▲
Profit (loss) for the period9904€16,016€18,265▲
Profit (loss) for the period to be appropriated9905€16,016€18,265▲
Appropriation of the result
Profit (loss) to be appropriated9906-€33,787-€15,522▲
Profit (loss) brought forward from the previous period14P-€49,802-€33,787▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€4,759-----
Goods, raw materials, services and sundry goods60/61€84,475-----
Remuneration, social security and pensions62-€15,062-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,827€9,086€9,087€426--
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€4,989--€2,652-
Other operating charges640/8€19,481€71,585€9,686€282€2,739▲ 872%
Non-recurring operating charges66A€5,902-----
Gross operating margin9900€17,952€5,008€9,220€18,515€19,324▲ 4.4%
Operating profit (loss)9901-€2,195-€75,663-€14,542€17,807€19,236▲ 8.0%
Financial income75/76B-€9€565€768€816▲ 6.2%
Recurring financial income75-€9€565€768€816▲ 6.2%
Financial charges65/66B€5,346€1,831€2,965€2,560€1,787▼ 30.2%
Recurring financial charges65€5,346€1,831€2,965€2,560€1,787▼ 30.2%
Profit (loss) for the period before taxes9903-€7,542-€77,485-€16,942€16,016€18,265▲ 14.0%
Income taxes67/77-€3,366€199----
Profit (loss) for the period9904-€4,175-€77,684-€16,942€16,016€18,265▲ 14.0%
Profit (loss) for the period to be appropriated9905-€4,175-€77,684-€16,942€16,016€18,265▲ 14.0%
Line20212022202320242025Change
Assets
Total assets20/58€194,759€104,799€55,370€72,986€74,745▲ 2.4%
Fixed assets21/28€17,320€9,513€426---
Tangible fixed assets22/27€17,320€9,513€426---
Furniture and vehicles24€17,320€9,513€426---
Current assets29/58€177,439€95,286€54,943€72,986€74,745▲ 2.4%
Amounts receivable within one year40/41€150,840€69,664€32,569€51,510€52,936▲ 2.8%
Trade receivables40€140,272€57,822€18,650€38,450€39,060▲ 1.6%
Other amounts receivable41€10,568€11,842€13,919€13,060€13,876▲ 6.2%
Cash at bank and in hand54/58€26,599€25,622€22,375€21,477€21,809▲ 1.5%
Equity and liabilities
Total equity and liabilities10/49€194,759€104,799€55,370€72,986€74,745▲ 2.4%
Equity10/15€131,292€53,608€36,666€52,682€70,947▲ 34.7%
Contributions10/11€74,368€74,368€74,368€74,368€74,368=
Capital10€74,368€74,368€74,368€74,368€74,368=
Issued capital100€74,368€74,368€74,368€74,368€74,368=
Reserves13€56,849€12,101€12,101€12,101€12,101=
Non-distributable reserves130/1€12,101€12,101€12,101€12,101€12,101=
Legal reserve130-€12,101€12,101€12,101€12,101=
Reserves not available under the articles1311€12,101-----
Distributable reserves133€44,749-----
Profit (loss) carried forward14€75-€32,861-€49,802-€33,787-€15,522▲ 54.1%
Amounts payable17/49€63,467€51,191€18,703€20,304€3,797▼ 81.3%
Amounts payable within one year42/48€63,467€51,189€18,703€20,304€3,797▼ 81.3%
Financial debts43--€3---
Credit institutions430/8--€3---
Trade debts44€27,907€20,851€1,629€1,351€3,797▲ 181%
Suppliers440/4€27,907€20,851€1,629€1,351€3,797▲ 181%
Taxes, remuneration and social security45€3,104€1,563-€815--
Taxes450/3€3,104€1,563-€815--
Other amounts payable47/48€32,456€28,775€17,071€18,138--
Accrued charges and deferred income492/3-€2----
Line20212022202320242025Change
Profit (loss) for the period9904-€4,175-€77,684-€16,942€16,016€18,265▲ 14.0%
+ Depreciation and write-downs630€9,827€9,086€9,087€426--
Operating cash flow (approximation)€5,652-€68,598-€7,855€16,442€18,265▲ 11.1%
Investment in fixed assets (approximation)--€1,279-€0---
Change in cash--€977-€3,247-€898€332▲ 137%

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
15-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2018net €18,265 ▲14%
Net result €18,265, the highest in the series.
31-12
Financial Liquidity times 5current ratio 19.68
Current ratio from 3.59 to 19.68; short-term debt falls from €20,304 to €3,797.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial Back to profitnet €16,016
Net result €16,016 after 3 loss-making years.
23-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
26-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
16-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial Liquidity doublescurrent ratio 2.80
Current ratio from 1.15 to 2.80; short-term debt falls from €707,064 to €63,467.
29-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 60 days late
2020
31-12
Financial Back to profitnet €1,950
Net result €1,950 after one loss-making year.
30-11
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 122 days late
Show earlier events
2019
31-12
Financial Weakest financial yearnet -€92,716
Net result drops to -€92,716, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts

We know of 14 Belgian State Gazette acts for this company. None of them has 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
14 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, Sint-Jans-Molenbeek · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
7,434 m²
Building footprint
6,476 m²
Volume, LiDAR
57,592 m³
2 parcels, Brussels · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PROBEL GROUP
Vroegegroentenstraat 61, 1190 VorstWholesale trade
since 20172.267.362.825
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0939/00V088indicative Brussels 7,147 m² 1 · 6,272 m² 12.8 m · 3 fl.
21007A0071/00F009 Brussels 287 m² 1 · 204 m² 10.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Sodibel Group 100%
  2. PROBEL GROUP

Highest known parent: Sodibel Group. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2023 list no holdings, and no other source names one.

According to the 2023 annual accounts of PROBEL GROUP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 1,394 companies in sector 47784 we hold annual accounts for 429. 343 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded08-10-1986
Fiscal year end31-12
Activities, NACEBEL 2025
47784Retail sale of souvenirs and religious articles
46341Wholesale of wines and spirits
46360Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0429608149
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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