Equity
PROCEPT has made a profit in every financial year since 2013.
PROCEPT has made a profit in every financial year since 2013.
The result rose in 2025 from €860,933 to €1.2m.
Debts rose by €498,685 in 2025.
Green is investment, beige is depreciation.
The 2017 accounts came 31 days late. The other nine of the last ten were filed on time.
Higher net result than 95% of companies in machinery and equipment. Sector median €43,613 · 478 companies.
The dashed line is the sector median: 0.2% across 290 companies (NACE 28, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, small). It does better than 93% of them on solvency, 97% on liquidity, 86% on profitability and 82% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 17,811 companies had the same profile as PROCEPT has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of PROCEPT itself: < 0.1% within 12 months.
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,811 companies, not a prediction for PROCEPT. 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.
Liquidity is ample, with a current ratio of 4.69 (4.91 in 2024), above the usual 1.5. Short-term debt is 20.1% and cash 59.6% of total assets. 20.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 89 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| PROCEPT Zele | €8.2m | €2.9m | 79.9% | 10.3 |
| LET AUTOMOTIVE Deinze | €6.4m | €1.7m | 26.8% | 18.1 |
| GR-TECHNICS Beerse | €4.4m | €2.9m | 66.5% | 16.5 |
| Codius Roeselare | €5.2m | €3.0m | 55.6% | 19.7 |
| CHP Beveren-Kruibeke-Zwijndrecht | €6.4m | €5.0m | 30.7% | 16.4 |
| SEPARTECH Seneffe | €6.4m | €1.9m | 19.9% | 18.1 |
| Team Industrial Services Belgium Antwerp | €10.2m | €3.2m | 85.8% | 26.7 |
These companies have the same main activity as PROCEPT: manufacture of machinery and equipment not elsewhere classified (NACE 28990). They are comparable in size and age: total assets between €4.4m and €10m, founded between 2001 and 2018.
PROCEPT files the abbreviated format. That format states no turnover. The gross margin rose from €516,422 in 2013 to €2.9m in 2025.
In March 2025, the Official Gazette published the appointment of ProVisie as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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