PROCESS PRODUCERS
ActiveSummary
PROCESS PRODUCERS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,600 and a net result of €526. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 23% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69=
Solvency44▼-8
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.16 in 2024; short-term debt: 47.9% and cash: 4% of total assets), and 80.6% of the assets are financed with debt.
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Signals
Five 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
19.4%
Return on assets
0.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31896 sector peers (2025).
NBB · sector comparisonPosition among 31896 sector peers
Solvency
better than 23%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
25 d late
2023
30 d late
2022
on the day
2021
24 d late
2020
1 d early
2019
24 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 14 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€34,600▼ 36.9%
2024 · €54,836
Total assets
€178,488▼ 13.5%
2024 · €206,296
Net result
€526▲ 802%
2024 · €58
Working capital
-€78,294▼ 38.5%
2024 · -€56,549
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,653▼ 84.6%€11,201▲ 141%€17,119▲ 52.8%€6,462▼ 62.3%€5,487▼ 15.1%
Net result-€2,320€3,912€8,123▲ 108%€58▼ 99.3%€526▲ 802%
Equity€59,664▼ 3.7%€46,655▼ 21.8%€54,778▲ 17.4%€54,836▲ 0.1%€34,600▼ 36.9%
Total assets€309,127▼ 9.9%€282,395▼ 8.6%€244,045▼ 13.6%€206,296▼ 15.5%€178,488▼ 13.5%
Debt€249,463▼ 11.3%€235,740▼ 5.5%€189,267▼ 19.7%€151,460▼ 20.0%€143,888▼ 5.0%
Working capital-€64,059▲ 0.6%-€82,350▼ 28.6%-€75,611▲ 8.2%-€56,549▲ 25.2%-€78,294▼ 38.5%
Staff (FTE)6.9▲ 283%6▼ 13.0%5.3▼ 11.7%2.3▼ 56.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178,488
Fixed assets
€171,275 ▼ 12.5%
Current assets
€7,213 ▼ 32.3%
Equity and liabilities €178,488
Equity
€34,600 ▼ 36.9%
Debt
€143,888 ▼ 5.0%
Debt's share of the balance-sheet total rises from 73.4% to 80.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€35,191▼
2024 · €41,082
Cash flow
€30,231▼
2024 · €34,678
Current ratio
0.08▼
2024 · 0.16
Debt to equity
4.16▲
2024 · 2.76
ROE
1.5%▲
2024 · 0.1%
ROA
0.3%▲
2024 · 0.0%
Interest coverage
7.25▲
2024 · 6.42
Debt ≤ 1 year
€85,507▲
2024 · €67,199
Debt > 1 year
€58,382▼
2024 · €82,113
Income taxes
€143
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,972 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,972 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €16,142 | - |
| Remuneration, social security and pensions62 | €64,991 | €69,120 | €70,584 | €45,044 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,491 | €33,727 | €34,670 | €34,620 | €29,705 | ▼ 14.2% |
| Other operating charges640/8 | €1,983 | €2,167 | €2,534 | €2,215 | €7,949 | ▲ 259% |
| Non-recurring operating charges66A | - | €340 | - | - | - | - |
| Gross operating margin9900 | €109,118 | €116,555 | €124,906 | €88,341 | €43,141 | ▼ 51.2% |
| Operating profit (loss)9901 | €4,653 | €11,201 | €17,119 | €6,462 | €5,487 | ▼ 15.1% |
| Financial income75/76B | €2 | - | €15 | - | €34 | - |
| Recurring financial income75 | €2 | - | €15 | - | €34 | - |
| Financial charges65/66B | €7,127 | €6,586 | €5,851 | €6,403 | €4,852 | ▼ 24.2% |
| Recurring financial charges65 | €7,127 | €6,586 | €5,851 | €6,403 | €4,852 | ▼ 24.2% |
| Profit (loss) for the period before taxes9903 | -€2,472 | €4,615 | €11,283 | €58 | €669 | ▲ 1,046% |
| Income taxes67/77 | -€152 | €703 | €3,160 | - | €143 | - |
| Profit (loss) for the period9904 | -€2,320 | €3,912 | €8,123 | €58 | €526 | ▲ 802% |
| Profit (loss) for the period to be appropriated9905 | -€2,320 | €3,912 | €8,123 | €58 | €526 | ▲ 802% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €309,127 | €282,395 | €244,045 | €206,296 | €178,488 | ▼ 13.5% |
| Fixed assets21/28 | €277,043 | €257,962 | €227,994 | €195,646 | €171,275 | ▼ 12.5% |
| Tangible fixed assets22/27 | €277,043 | €257,962 | €227,994 | €195,646 | €171,275 | ▼ 12.5% |
| Land and buildings22 | €219,577 | €209,919 | €193,032 | €176,145 | €171,180 | ▼ 2.8% |
| Plant, machinery and equipment23 | €47,959 | €41,508 | €30,817 | €17,621 | €95 | ▼ 99.5% |
| Furniture and vehicles24 | €866 | €528 | €222 | €41 | - | - |
| Leasing and similar rights25 | €8,642 | €6,007 | €3,923 | €1,839 | - | - |
| Current assets29/58 | €32,084 | €24,433 | €16,050 | €10,650 | €7,213 | ▼ 32.3% |
| Stocks and contracts in progress3 | €17,569 | €12,500 | €9,730 | €5,225 | - | - |
| Stocks30/36 | €17,569 | €12,500 | €9,730 | €5,225 | - | - |
| Amounts receivable within one year40/41 | €2,188 | €5,515 | €1,282 | €1,167 | - | - |
| Trade receivables40 | €1,052 | €5,515 | €122 | - | - | - |
| Other amounts receivable41 | €1,136 | - | €1,160 | €1,167 | - | - |
| Cash at bank and in hand54/58 | €11,909 | €5,966 | €4,539 | €4,258 | €7,213 | ▲ 69.4% |
| Deferred charges and accrued income490/1 | €419 | €451 | €500 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €309,127 | €282,395 | €244,045 | €206,296 | €178,488 | ▼ 13.5% |
| Equity10/15 | €59,664 | €46,655 | €54,778 | €54,836 | €34,600 | ▼ 36.9% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €41,072 | €28,063 | €36,186 | €36,244 | €16,008 | ▼ 55.8% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | - | - | - |
| Tax-exempt reserves132 | €1,400 | €1,400 | €1,400 | €1,400 | €1,400 | = |
| Distributable reserves133 | €37,813 | €24,804 | €32,926 | €34,844 | €14,608 | ▼ 58.1% |
| Amounts payable17/49 | €249,463 | €235,740 | €189,267 | €151,460 | €143,888 | ▼ 5.0% |
| Amounts payable after more than one year17 | €152,498 | €128,011 | €96,542 | €82,113 | €58,382 | ▼ 28.9% |
| Financial debts170/4 | €152,498 | €128,011 | €96,542 | €82,113 | €58,382 | ▼ 28.9% |
| Amounts payable within one year42/48 | €96,143 | €106,783 | €91,662 | €67,199 | €85,507 | ▲ 27.2% |
| Current portion of amounts payable after more than one year42 | €32,304 | €36,888 | €35,295 | €18,911 | €23,731 | ▲ 25.5% |
| Trade debts44 | €21,070 | €19,675 | €10,053 | €9,148 | €1,931 | ▼ 78.9% |
| Suppliers440/4 | €21,070 | €19,675 | €10,053 | €9,148 | €1,931 | ▼ 78.9% |
| Advances received on contracts in progress46 | - | - | - | - | €9,561 | - |
| Taxes, remuneration and social security45 | €21,900 | €17,213 | €17,758 | €9,172 | €3,180 | ▼ 65.3% |
| Taxes450/3 | €8,127 | €3,621 | €4,765 | €6,208 | €3,180 | ▼ 48.8% |
| Remuneration and social security454/9 | €13,773 | €13,592 | €12,993 | €2,964 | - | - |
| Other amounts payable47/48 | €20,869 | €33,007 | €28,556 | €29,968 | €47,103 | ▲ 57.2% |
| Accrued charges and deferred income492/3 | €822 | €947 | €1,063 | €2,148 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,320 | €3,912 | €8,123 | €58 | €526 | ▲ 802% |
| + Depreciation and write-downs630 | €37,491 | €33,727 | €34,670 | €34,620 | €29,705 | ▼ 14.2% |
| Operating cash flow (approximation) | €35,171 | €37,639 | €42,793 | €34,678 | €30,231 | ▼ 12.8% |
| Investment in fixed assets (approximation) | - | -€14,646 | -€4,702 | -€2,272 | -€5,334 | ▼ 135% |
| Change in cash | - | -€5,943 | -€1,427 | -€281 | €2,955 | ▲ 1,151% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3,912
Net result €3,912 after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €14,974 ▲21.1%
Operating result €30,311, net result €14,974, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €12,367
Net result €12,367 after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Destelbergen · 1 establishment unit since 1999
Ground area
520 m²
Building footprint
399 m²
Volume, LiDAR
1,811 m³
Parcel 44013A0457/00P002, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Stationsstraat 1, 9070 Destelbergen
since 19992.092.639.297
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013A0457/00P002 | Flanders | 520 m² | 1 · 399 m² | 9.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
Food safety, FASFC
1 siteDestelbergen2.092.639.297
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 35,541 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-08-1999
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466683925
Also
9925:BE0466683925
Registered
08-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.