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PROCEDO

Active Private limited companyfounded 1997active for 29 yearsDrève Richelle 161, 1410 WaterlooKBO/BCE: BE 0461.065.843

Lifetime

19 annual accounts with figures on one time axis
peak €346,572 (2012)
-€2,076▼ €6,806
peak €207,796 (2012)
€8,596▼ 34.4%
peak €345,795 (2017)
€319,949▲ 2.8%
€365,096▼ 2.6%
Board2 names since 2022
2 directors and 1 other
Documentsfilings and deeds
04-02-20264 days late
2025financial year
Gross margin from €4,730 to -€2,076Result from €13,103 to €8,596

Key points

from the 2025 annual accounts

Equity

€319,949 ▲ 2.8%

PROCEDO has made a profit in every financial year since 2007.

Filings

19 annual accounts since 2007
deadline2010201520202025

Ten of the last ten came late. The 2018 accounts came latest: 28 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as PROCEDO has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,768 companies, not a prediction for PROCEDO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 50 sharesdeed of 03-07-2024
  • 766 sharesdeed of 03-07-2024
Board & ownership

Recent changes

Registered office moved from Brussels to Waterloo New registered office: drève Richelle 161 J, Office Park, 1410 Waterloo · Previous registered office: Chaussée de Louvain 775, 1140 Bruxelles · General meeting of 31-08-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0461065843
Change of role: , from manager to director “Toutes opérations généralement quelconques se rapportant directement ou indirectement au commerce, à…” (deed in French) · holds 50 shares · holds 766 shares · General meeting of 13-06-2024 · Gazette deed
Capital increase · Amendment of the articles Capital after the increase: €140,830, 4,865 new shares · Capital from €140,830 to €20,230 · General meeting of 25-06-2018 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
PROCEDO Waterloo €0.7m -€2,076 46.7% -
ENGINEERING BOUW Kapelle-op-den-Bos €0.9m -€12,186 97.9% -
MOBILEWAY Etterbeek €0.2m -€7,737 45.5% 0
Administratie & Consultancy Deinze €0.2m -€89 98.6% -
DIGIGRAF Grâce-Hollogne €0.1m -€14,603 -34.2% -
J & N SOLUTIONS Oostkamp €0.2m €2,427 52.5% -
Desim Rumst €1.0m €7,388 93.2% 0

These companies have the same main activity as PROCEDO: rental and leasing activities (NACE 77330). They are comparable in size and age: total assets between €139,000 and €1m, founded between 1984 and 2009.

Official details

Source: KBO
Status
Active since 14-08-1997Normal situation
Registered office
245 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 13 November 2026.
Activity
Rental and leasing activitiesNACE 77330and 1 other
Establishment unit
2.082.975.1291325 Chaumont-Gistoux, since 14-08-1997
Financial year end
30 June
Peppol
Reachable since 14-12-2025
Company details

Annual accounts to 30-06-2025

€685,045▼ 0.2%
Filing
Filed on 04-02-2026
Financials

Insights on PROCEDO

PROCEDO has existed since 1997. The gross margin fell from €346,572 in 2012 to €24,332 in 2016.

The gross margin has fallen every year since 2020.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PROCEDO

What is the company number of PROCEDO?
The company number of PROCEDO is 0461.065.843. The VAT number is the same number with BE in front: BE 0461.065.843.
Where is PROCEDO based?
The registered office is at Drève Richelle 161, 1410 Waterloo.Company details
What does PROCEDO do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77330).
What is the legal form of PROCEDO?
PROCEDO is a private limited company (BV).
When was PROCEDO founded?
PROCEDO was founded on 14-08-1997.
Is PROCEDO still active?
Yes, PROCEDO is an active enterprise in the KBO register.
What is the turnover of PROCEDO?
The annual accounts for financial year 2025 state no turnover.Financials
Is PROCEDO profitable?
In financial year 2025, PROCEDO made a profit of €8,596.
Where can I find the annual accounts of PROCEDO?
PROCEDO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROCEDO due?
PROCEDO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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