PROCESS RECRUITMENT

Active

Private limited companyfounded 20223 yrs activeIndustrielaan 9, 1070 Anderlecht, BelgiumKBO/BCE: BE 0793.914.118

Summary

The computed 12-month bankruptcy probability of PROCESS RECRUITMENT is 2.3% (moderate). The 2024 annual accounts show equity of €32k and a net result of €18k. Its solvency ranks better than 45% of 997 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

PROCESS RECRUITMENTActiveChecked score 73/100

Risk analysis Report Compare

Checked score

Score 2024

73 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency74▲+4

Growth78

Track record94

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity tight (current ratio 1.09 against 1.71 in 2023; short-term debt: 51.1% and cash: 44.5% of total assets), and 51.1% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 78

Relative position

BE, all sectors

reference

Employment activities (NACE 78)

about 17% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

48.9%

Return on assets

26.7%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

54 d late

2023

9 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€32k▲ 121%

2023 · €15k

2023: €15k 2024: €32k▲ +121% vs 2023

2023 → 2024

Total assets

€66k▲ 105%

2023 · €32k

2023: €32k 2024: €66k▲ +105% vs 2023

2023 → 2024

Net result

€18k▲ 51.6%

2023 · €12k

2023: €12k 2024: €18k▲ +51.6% vs 2023

2023 → 2024

Working capital

€3k▼ 75.2%

2023 · €13k

2023: €13k 2024: €3k▼ -75.2% vs 2023

2023 → 2024

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€15k-€32k▲ 121% 2023: €15k 2024: €32k▲ +121% vs 2023

Operating result€19k-€26k▲ 39.8% 2023: €19k 2024: €26k▲ +39.8% vs 2023

Net result€12k-€18k▲ 51.6% 2023: €12k 2024: €18k▲ +51.6% vs 2023

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 40% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €66k

44.2%

55.8%

Fixed assets €29k ▲ 1,266%

Current assets €37k ▲ 22.1%

Equity and liabilities €66k

48.9%

51.1%

Equity €32k ▲ 121%

Debt €34k ▲ 91.1%

Debt's share of the balance-sheet total falls from 54.7% to 51.1%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€35k▲

2023 · €19k

Cash flow

€26k▲

2023 · €12k

Current ratio

1.09▼

2023 · 1.71

Debt to equity

1.04▼

2023 · 1.21

ROE

54.7%▼

2023 · 79.6%

ROA

26.7%▼

2023 · 36.1%

Interest coverage

199.74▼

2023 · 638.59

Debt ≤ 1 year

€34k▲

2023 · €18k

Income taxes

€8k▲

2023 · €7k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines

Balance sheet Code20232024

Assets

Total assets20/58€32k€66k▲

Fixed assets21/28€2k€29k▲

Tangible fixed assets22/27€2k€29k▲

Plant, machinery and equipment23€2k€3k▲

Furniture and vehicles24-€26k

Financial fixed assets28€226€226=

Current assets29/58€30k€37k▲

Amounts receivable within one year40/41€10k€7k▼

Trade receivables40€7k-

Other amounts receivable41€3k€7k▲

Cash at bank and in hand54/58€19k€30k▲

Deferred charges and accrued income490/1€790€265▼

Equity and liabilities

Total equity and liabilities10/49€32k€66k▲

Equity10/15€15k€32k▲

Contributions10/11€3k€3k=

Reserves13€12k€29k▲

Distributable reserves133€12k€29k▲

Amounts payable17/49€18k€34k▲

Amounts payable within one year42/48€18k€34k▲

Trade debts44€4k€10k▲

Suppliers440/4€4k€10k▲

Taxes, remuneration and social security45€14k€24k▲

Taxes450/3€14k€24k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€602€9k▲

Other operating charges640/8€995€2k▲

Gross operating margin9900€20k€37k▲

Operating profit (loss)9901€19k€26k▲

Financial charges65/66B€30€174▲

Recurring financial charges65€30€174▲

Profit (loss) for the period before taxes9903€19k€26k▲

Income taxes67/77€7k€8k▲

Profit (loss) for the period9904€12k€18k▲

Profit (loss) for the period to be appropriated9905€12k€18k▲

Appropriation of the result

Profit (loss) to be appropriated9906€12k€18k▲

Transfer to equity691/2€12k€18k▲

To other reserves6921€12k€18k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2023	2024	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€602	€9k	▲ 1,335%
Other operating charges640/8	€995	€2k	▲ 87.6%
Gross operating margin9900	€20k	€37k	▲ 80.5%
Operating profit (loss)9901	€19k	€26k	▲ 39.8%
Financial charges65/66B	€30	€174	▲ 476%
Recurring financial charges65	€30	€174	▲ 476%
Profit (loss) for the period before taxes9903	€19k	€26k	▲ 39.1%
Income taxes67/77	€7k	€8k	▲ 18.3%
Profit (loss) for the period9904	€12k	€18k	▲ 51.6%
Profit (loss) for the period to be appropriated9905	€12k	€18k	▲ 51.6%

Line	2023	2024	Change
Assets
Total assets20/58	€32k	€66k	▲ 105%
Fixed assets21/28	€2k	€29k	▲ 1,266%
Tangible fixed assets22/27	€2k	€29k	▲ 1,415%
Plant, machinery and equipment23	€2k	€3k	▲ 79.3%
Furniture and vehicles24	-	€26k	-
Financial fixed assets28	€226	€226	=
Current assets29/58	€30k	€37k	▲ 22.1%
Amounts receivable within one year40/41	€10k	€7k	▼ 30.2%
Trade receivables40	€7k	-	-
Other amounts receivable41	€3k	€7k	▲ 155%
Cash at bank and in hand54/58	€19k	€30k	▲ 53.9%
Deferred charges and accrued income490/1	€790	€265	▼ 66.4%
Equity and liabilities
Total equity and liabilities10/49	€32k	€66k	▲ 105%
Equity10/15	€15k	€32k	▲ 121%
Contributions10/11	€3k	€3k	=
Reserves13	€12k	€29k	▲ 152%
Distributable reserves133	€12k	€29k	▲ 152%
Amounts payable17/49	€18k	€34k	▲ 91.1%
Amounts payable within one year42/48	€18k	€34k	▲ 91.1%
Trade debts44	€4k	€10k	▲ 140%
Suppliers440/4	€4k	€10k	▲ 140%
Taxes, remuneration and social security45	€14k	€24k	▲ 75.9%
Taxes450/3	€14k	€24k	▲ 75.9%

Line	2023	2024	Change
Profit (loss) for the period9904	€12k	€18k	▲ 51.6%
+ Depreciation and write-downs630	€602	€9k	▲ 1,335%
Operating cash flow (approximation)	€12k	€26k	▲ 114%
Investment in fixed assets (approximation)	-	€-36k	-
Change in cash	-	€10k	-

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

All 2Filings 2

2025

23-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 54 days late

2024

09-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 9 days late

NBB filing

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

2 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, Anderlecht

exact location from the address register On OpenStreetMap

Ground area

9,783 m²

Building footprint

4,538 m²

Volume, LiDAR

73,760 m³

Parcel 21306C0289/00B004, Brussels · tallest building 28.4 m, ±7 floors. Linked by address, not a title deed.

220 companies at this address See who is registered here

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21306C0289/00B004	Brussels	9,782 m²	1 · 4,538 m²	28.4 m · 7 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.

Similar companies · same sector, comparable size

Kapellen · Eq €32,216

AGENCE LOCALE POUR L'EMPLOI DE BLEGNY

Wielsbeke · Eq €32,000

HR Services Wendy Van Waeyenberg

BE 0786.300.212

Geraardsbergen · Eq €32,966

Of 2,360 companies in sector 78100 we hold annual accounts for 1,363. 988 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

Founded24-11-2022

Fiscal year end31-12

Activities, NACEBEL 2025

78100Employment placement agencies

70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.