PROCEDE!
ActivePROCEDE! has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €964k and a net result of €132k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+1
Solvency96▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 4.83 against 5.36 in 2024; short-term debt: 6.9% and cash: 12.1% of total assets), and 29.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.7%
Return on assets
9.7%
Age of the figures
9 mo
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
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
27 d late
2024
2 d early
2023
2 d early
2022
3 d early
2021
2 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€964k▲ 8.9%
2024 · €885k
2018: €99k
2019: €230k
2020: €388k
2021: €458k
2022: €613k
2023: €768k
2024: €885k
2018 → 2025
Total assets
€1.36M▲ 2.6%
2024 · €1.33M
2018: €206k
2019: €352k
2020: €406k
2021: €1.17M
2022: €1.17M
2023: €1.29M
2024: €1.33M
2018 → 2025
Net result
€132k▲ 12.4%
2024 · €117k
2018: €87k
2019: €131k
2020: €158k
2021: €71k
2022: €154k
2023: €155k
2024: €117k
2018 → 2025
Working capital
€357k▲ 5.4%
2024 · €339k
2018: €122k
2019: €265k
2020: €368k
2021: €74k
2022: €194k
2023: €328k
2024: €339k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€458k-€613k▲ 33.7%€768k▲ 25.3%€885k▲ 15.3%€964k▲ 8.9%
Operating result€101k-€229k▲ 127%€229k▲ 0.1%€171k▼ 25.5%€190k▲ 11.1%
Net result€71k-€154k▲ 118%€155k▲ 0.3%€117k▼ 24.4%€132k▲ 12.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.36M
Fixed assets
€912k▲ 0.1%
Current assets
€451k▲ 8.2%
Equity and liabilities €1.36M
Equity
€964k▲ 8.9%
Debt
€399k▼ 9.9%
The debt ratio falls from 33.4% to 29.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€241k▲
2024 · €214k
Cash flow
€183k▲
2024 · €161k
Solvency
70.7%▲
2024 · 66.6%
Current ratio
4.83▼
2024 · 5.36
Quick ratio
4.83▼
2024 · 5.36
Debt / equity
0.41▼
2024 · 0.50
ROE
13.7%▲
2024 · 13.2%
ROA
9.7%▲
2024 · 8.8%
Interest coverage
50.25▲
2024 · 40.79
Debt
€399k▼
2024 · €443k
Debt ≤ 1 year
€93k▲
2024 · €78k
Debt > 1 year
€304k▼
2024 · €363k
Income taxes
€55k▲
2024 · €48k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.33M€1.36M▲
Fixed assets21/28€911k€912k▲
Tangible fixed assets22/27€911k€860k▼
Land and buildings22€826k€792k▼
Plant, machinery and equipment23€14k€12k▼
Furniture and vehicles24€71k€55k▼
Other tangible fixed assets26€1k€1k=
Financial fixed assets28-€52k
Current assets29/58€417k€451k▲
Amounts receivable within one year40/41€21k€32k▲
Trade receivables40€21k€25k▲
Other amounts receivable41€1€7k▲
Current investments50/53-€250k
Cash at bank and in hand54/58€391k€165k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.36M▲
Equity10/15€885k€964k▲
Contributions10/11€12k€12k=
Reserves13€872k€951k▲
Distributable reserves133€872k€951k▲
Amounts payable17/49€443k€399k▼
Amounts payable after more than one year17€363k€304k▼
Financial debts170/4€363k€304k▼
Amounts payable within one year42/48€78k€93k▲
Current portion of amounts payable after more than one year42€59k€60k▲
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Advances received on contracts in progress46-€135
Taxes, remuneration and social security45€13k€28k▲
Taxes450/3€11k€28k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€139-
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Non-recurring operating income76A€10k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€51k▲
Other operating charges640/8€4k€6k▲
Non-recurring operating charges66A-€119
Gross operating margin9900€218k€247k▲
Operating profit (loss)9901€171k€190k▲
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€165k€187k▲
Income taxes67/77€48k€55k▲
Profit (loss) for the period9904€117k€132k▲
Profit (loss) for the period to be appropriated9905€117k€132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€117k€132k▲
Transfer from equity791/2-€53k
Transfer to equity691/2€117k€132k▲
To other reserves6921€117k€132k▲
Profit to be distributed694/7-€53k
Return on contributions (dividend)694-€53k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 3.48
Current ratio from 1.42 to 3.48; short-term debt falls from €175k to €78k.
31-12
Financial
Equity above €500kEq €613k ▲33.7%
5 profitable years in a row build equity to €613k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €71k ▼55%
Net result drops to €71k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €158k ▲20.6%
Net result €158k, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 21.35
Current ratio from 5.56 to 21.35; short-term debt falls from €58k to €18k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €230k ▲132%
2 profitable years in a row build equity to €230k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brecht · 1 establishment unit since 2018
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.
Harmonielaan 12960 BrechtGround area
1,045 m²
Building footprint
259 m²
Volume, LiDAR
2,183 m³
Parcel 11009M0066/00D011, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PROCEDE!
since 20182.274.093.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009M0066/00D011 | Flanders | 1,045 m² | 1 · 259 m² | 13.3 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500045K5Y9RFU5Z36
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 28,250 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.