PROBST FRERES
ActiveSummary
The computed 12-month bankruptcy probability of PROBST FRERES is 1.8% (moderate). The 2025 annual accounts show negative equity (€-113k) and a net result of €-9k. Equity is shrinking by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 1865 sector peers (fiscal year 2025). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more 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 2025Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-113k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
21 d early
2023
28 d late
2022
on the day
2021
23 d late
2020
25 d early
2019
12 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-113k▼ 8.9%
2024 · €-103k
2018: €56k
2019: €65k▲ +15.9% vs 2018highest in 8 years
2020: €-5k▼ -108% vs 2019
2021: €-29k▼ -482% vs 2020
2022: €-65k▼ -123% vs 2021
2023: €-70k▼ -7.9% vs 2022
2024: €-103k▼ -47.9% vs 2023
2025: €-113k▼ -8.9% vs 2024lowest in 8 years
2018 → 2025
Total assets
€3k▼ 17.7%
2024 · €4k
2018: €128k
2019: €221k▲ +72.5% vs 2018highest in 8 years
2020: €154k▼ -30.0% vs 2019
2021: €168k▲ +8.7% vs 2020
2022: €119k▼ -29.3% vs 2021
2023: €53k▼ -55.0% vs 2022
2024: €4k▼ -93.0% vs 2023
2025: €3k▼ -17.7% vs 2024lowest in 8 years
2018 → 2025
Net result
€-9k▲ 72.6%
2024 · €-34k
2018: €62khighest in 8 years
2019: €9k▼ -85.5% vs 2018
2020: €-70k▼ -884% vs 2019lowest in 8 years
2021: €-24k▲ +65.8% vs 2020
2022: €-36k▼ -49.1% vs 2021
2023: €-5k▲ +85.7% vs 2022
2024: €-34k▼ -554% vs 2023
2025: €-9k▲ +72.6% vs 2024
2018 → 2025
Working capital
€-88k▼ 16.7%
2024 · €-75k
2018: €36khighest in 8 years
2019: €13k▼ -64.7% vs 2018
2020: €-34k▼ -366% vs 2019
2021: €-42k▼ -25.2% vs 2020
2022: €-71k▼ -66.8% vs 2021
2023: €-39k▲ +45.4% vs 2022
2024: €-75k▼ -95.3% vs 2023
2025: €-88k▼ -16.7% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-29k-€-65k▼ 123%€-70k▼ 7.9%€-103k▼ 47.9%€-113k▼ 8.9%
2021: €-29khighest in 5 years
2022: €-65k▼ -123% vs 2021
2023: €-70k▼ -7.9% vs 2022
2024: €-103k▼ -47.9% vs 2023
2025: €-113k▼ -8.9% vs 2024lowest in 5 years
Operating result€-21k-€-33k▼ 60.6%€-3k▲ 90.6%€-33k▼ 939%€-9k▲ 72.7%
2021: €-21k
2022: €-33k▼ -60.6% vs 2021lowest in 5 years
2023: €-3k▲ +90.6% vs 2022highest in 5 years
2024: €-33k▼ -939% vs 2023
2025: €-9k▲ +72.7% vs 2024
Net result€-24k-€-36k▼ 49.1%€-5k▲ 85.7%€-34k▼ 554%€-9k▲ 72.6%
2021: €-24k
2022: €-36k▼ -49.1% vs 2021lowest in 5 years
2023: €-5k▲ +85.7% vs 2022highest in 5 years
2024: €-34k▼ -554% vs 2023
2025: €-9k▲ +72.6% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €33k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€135 =
Current assets
€3k ▼ 18.3%
Key figures and ratios
Debt
€113k▲
2024 · €102k
Debt ≤ 1 year
€91k▲
2024 · €79k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4k€3k▼
Fixed assets21/28€135€135=
Financial fixed assets28€135€135=
Current assets29/58€4k€3k▼
Amounts receivable after more than one year29€1k-
Other amounts receivable291€1k-
Amounts receivable within one year40/41-€466
Other amounts receivable41-€466
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€877€923▲
Equity and liabilities
Total equity and liabilities10/49€4k€3k▼
Equity10/15€-103k€-113k▼
Contributions10/11€108k€108k=
Capital10€108k€108k=
Issued capital100€108k€108k=
Reserves13€842€842=
Non-distributable reserves130/1€842€842=
Legal reserve130€842€842=
Profit (loss) carried forward14€-212k€-221k▼
Provisions and deferred taxes16€5k€2k▼
Provisions for liabilities and charges160/5€5k€2k▼
Other liabilities and charges164/5€5k€2k▼
Amounts payable17/49€102k€113k▲
Amounts payable within one year42/48€79k€91k▲
Current portion of amounts payable after more than one year42€13k-
Trade debts44€7k€7k▼
Suppliers440/4€7k€7k▼
Other amounts payable47/48€59k€84k▲
Accrued charges and deferred income492/3€23k€23k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€5k€-3k▼
Other operating charges640/8€920€528▼
Gross operating margin9900€-20k€-11k▲
Operating profit (loss)9901€-33k€-9k▲
Financial charges65/66B€1k€310▼
Recurring financial charges65€1k€310▼
Profit (loss) for the period before taxes9903€-34k€-9k▲
Profit (loss) for the period9904€-34k€-9k▲
Profit (loss) for the period to be appropriated9905€-34k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-212k€-221k▼
Profit (loss) brought forward from the previous period14P€-179k€-212k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €16k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €19k | €7k | €6k | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €5k | €-3k | ▼ 154% |
| Other operating charges640/8 | €3k | €1k | €13k | €920 | €528 | ▼ 42.6% |
| Gross operating margin9900 | €1k | €-13k | €17k | €-20k | €-11k | ▲ 44.9% |
| Operating profit (loss)9901 | €-21k | €-33k | €-3k | €-33k | €-9k | ▲ 72.7% |
| Financial income75/76B | - | €313 | - | - | - | - |
| Recurring financial income75 | - | €313 | - | - | - | - |
| Financial charges65/66B | €3k | €3k | €2k | €1k | €310 | ▼ 70.1% |
| Recurring financial charges65 | €3k | €3k | €2k | €1k | €310 | ▼ 70.1% |
| Profit (loss) for the period before taxes9903 | €-24k | €-36k | €-5k | €-34k | €-9k | ▲ 72.6% |
| Profit (loss) for the period9904 | €-24k | €-36k | €-5k | €-34k | €-9k | ▲ 72.6% |
| Profit (loss) for the period to be appropriated9905 | €-24k | €-36k | €-5k | €-34k | €-9k | ▲ 72.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €168k | €119k | €53k | €4k | €3k | ▼ 17.7% |
| Fixed assets21/28 | €75k | €56k | €6k | €135 | €135 | = |
| Tangible fixed assets22/27 | €75k | €56k | €6k | - | - | - |
| Furniture and vehicles24 | €75k | €56k | - | - | - | - |
| Leasing and similar rights25 | - | - | €6k | - | - | - |
| Financial fixed assets28 | €270 | €270 | €135 | €135 | €135 | = |
| Current assets29/58 | €92k | €62k | €47k | €4k | €3k | ▼ 18.3% |
| Amounts receivable after more than one year29 | - | - | €2k | €1k | - | - |
| Trade receivables290 | - | - | €367 | - | - | - |
| Other amounts receivable291 | - | - | €1k | €1k | - | - |
| Amounts receivable within one year40/41 | €46k | €16k | - | - | €466 | - |
| Trade receivables40 | €45k | €16k | - | - | - | - |
| Other amounts receivable41 | €519 | €588 | - | - | €466 | - |
| Cash at bank and in hand54/58 | €4k | €2k | €2k | €2k | €2k | ▲ 0.7% |
| Deferred charges and accrued income490/1 | €43k | €44k | €43k | €877 | €923 | ▲ 5.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €168k | €119k | €53k | €4k | €3k | ▼ 17.7% |
| Equity10/15 | €-29k | €-65k | €-70k | €-103k | €-113k | ▼ 8.9% |
| Contributions10/11 | €108k | €108k | €108k | €108k | €108k | = |
| Capital10 | €108k | €108k | €108k | €108k | €108k | = |
| Issued capital100 | €108k | €108k | €108k | €108k | €108k | = |
| Reserves13 | €842 | €842 | €842 | €842 | €842 | = |
| Non-distributable reserves130/1 | €842 | €842 | €842 | €842 | €842 | = |
| Legal reserve130 | €842 | €842 | €842 | €842 | €842 | = |
| Profit (loss) carried forward14 | €-138k | €-174k | €-179k | €-212k | €-221k | ▼ 4.3% |
| Provisions and deferred taxes16 | - | - | - | €5k | €2k | ▼ 53.6% |
| Provisions for liabilities and charges160/5 | - | - | - | €5k | €2k | ▼ 53.6% |
| Other liabilities and charges164/5 | - | - | - | €5k | €2k | ▼ 53.6% |
| Amounts payable17/49 | €197k | €183k | €123k | €102k | €113k | ▲ 11.1% |
| Amounts payable after more than one year17 | €50k | €31k | €13k | - | - | - |
| Financial debts170/4 | €50k | €31k | €13k | - | - | - |
| Amounts payable within one year42/48 | €135k | €133k | €86k | €79k | €91k | ▲ 15.1% |
| Current portion of amounts payable after more than one year42 | €18k | - | €19k | €13k | - | - |
| Financial debts43 | €50k | €69k | - | - | - | - |
| Credit institutions430/8 | €50k | €69k | - | - | - | - |
| Trade debts44 | €29k | €9k | €7k | €7k | €7k | ▼ 0.7% |
| Suppliers440/4 | €29k | €9k | €7k | €7k | €7k | ▼ 0.7% |
| Other amounts payable47/48 | €37k | €55k | €60k | €59k | €84k | ▲ 41.4% |
| Accrued charges and deferred income492/3 | €12k | €19k | €25k | €23k | €23k | ▼ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-24k | €-36k | €-5k | €-34k | €-9k | ▲ 72.6% |
| + Depreciation and write-downs630 | €19k | €19k | €7k | €6k | - | - |
| Operating cash flow (approximation) | €-5k | €-17k | €2k | €-27k | €-9k | ▲ 66.3% |
| Investment in fixed assets (approximation) | - | €0 | €43k | €0 | €0 | - |
| Change in cash | - | €-2k | €191 | €-502 | €11 | ▲ 102% |
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
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Herve · 1 establishment unit since 1993
Ground area
1,311 m²
Building footprint
132 m²
Volume, LiDAR
803 m³
Parcel 63030B0373/00T000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Maye 5, 4650 Herve
since 19932.060.374.327
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63030B0373/00T000indicative | Wallonia | 1,311 m² | 1 · 132 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 6,168 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
Founded28-12-1992
Fiscal year end31-12
Abbreviation FR
P.F.D.
Activities, NACEBEL 2025
49410Freight transport by road
43120Site preparation
Scores and ratios are computed by Checked and are not a credit decision.