Debts
€34,586 73% of the balance sheet
Suppliers 28%Taxes and wages 63%Other 8%
PROCO &CO
Lifetime
17 annual accounts with figures on one time axispeak €32,011 (2014)
€11,046▼ 29.7%
lowest -€65,685 (2009)
€5,218▲ 94.9%
peak €14,076 (2018)
€12,482▲ 71.8%
€34,586▲ 35.3%
peak 4 FTE (2011)
-not published
Board1 name since 2011
1 directorKuzmiuk Krzysztof
Documentsfilings and deeds
27-01-20264 days before the deadline
2025financial year
Gross margin from €15,707 to €11,046Result from €2,677 to €5,218Equity from €7,264 to €12,482Debts from €25,557 to €34,586Cash from €5,277 to €12,743
Key points
from the 2025 annual accountsFilings
17 annual accounts since 2007
The last five annual accounts were filed 2 to 11 days before the end of the period.
Position in the sector
€12,482
Less equity than 90% of companies in specialised construction. Sector median €459,014 · 2,463 companies.
Checked score
87
Excellent
Financially stronger than 54% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.9%▲ +0.2 percentage points vs 12-2024highest value
02-2025: 0.3%▼ -0.6 percentage points vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.3%▼ -0.1 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
11-2026: 0.2%▼ -0.1 percentage points vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Size: total assets €47,068
lowers risk
Founded in 2005
Liquidity: current ratio 1.29, cash €12,743
Calculation
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 43, micro). It does better than 28% of them on solvency, 34% on liquidity, 65% on profitability and 88% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
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).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as PROCO &CO has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROCO &CO itself: 0.2% within 12 months.
Test of the method
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 3,818 companies, not a prediction for PROCO &CO. 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
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.29 (1.28 in 2024), below the usual 1.5. Short-term debt is 73.5% and cash 27.1% of total assets. 73.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 days early
2024
2 days early
2023
7 days early
2022
11 days early
2021
10 days early
2020
4 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0873528055
Amendment of the articles · Legal-form change · Resignations & appointments
Board composition: KUZMIUK Krzysztof (director) · Gazette deed
Incorporation
published on 09-05-2005 · Gazette deed
First establishment
Avenue des Platanes 73, Tubize
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROCO &CO Tubize | €47,068 | €11,046 | 26.5% | - |
| CL Conseil Wavre | €55,727 | €11,275 | 20.3% | - |
| PRO-BATIM Orp-Jauche | €55,306 | €11,087 | 3.1% | - |
| MARIN CONSTRUCT Aalst | €46,626 | €10,731 | 87.9% | - |
| S.D.T.C. Jemeppe-sur-Sambre | €43,139 | €11,990 | -158.8% | - |
| TOPI Lokeren | €50,024 | €13,269 | 25.8% | - |
| PATTYN RENOVATIE Mortsel | €42,985 | €13,419 | 95.5% | - |
These companies have the same main activity as PROCO &CO: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €43,000 and €55,700, founded between 2005 and 2007.
Official details
Source: KBO- Status
- Active since 28-04-2005Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.149.517.9211480 Tubize, since 19-04-2005
- Financial year end
- 30 June
- Peppol
- Reachable since 09-12-2025
Annual accounts to 30-06-2025
- ≈ €160,000estimated
- €47,068▲ 43.4%
- Filing
- Filed on 27-01-2026, 4 days before the end of the filing period
Insights on PROCO &CO
PROCO &CO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,482 and a net result of €5,218.
Equity has been growing by about 8.3% per year since 2019. Its solvency ranks better than 28% of 2,463 sector peers (NACE 43, financial year 2025).
The computed 12-month bankruptcy probability is 0.2% (very low).
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 PROCO &CO
- What is the company number of PROCO &CO?
- The company number of PROCO &CO is 0873.528.055. The VAT number is the same number with BE in front: BE 0873.528.055.
- Where is PROCO &CO based?
- The registered office is at Avenue des Platanes 73, 1480 Tubize.Company details
- What does PROCO &CO do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of PROCO &CO?
- PROCO &CO is a private limited company (BV).
- When was PROCO &CO founded?
- PROCO &CO was founded on 28-04-2005.
- Is PROCO &CO still active?
- Yes, PROCO &CO is an active enterprise in the KBO register.
- What is the turnover of PROCO &CO?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €11,046 and 45 comparable companies (NACE 43990). It probably lies between €94,000 and €390,000. It is a rough estimate.Financials
- Is PROCO &CO profitable?
- In financial year 2025, PROCO &CO made a profit of €5,218.
- Where can I find the annual accounts of PROCO &CO?
- PROCO &CO filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROCO &CO due?
- PROCO &CO must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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