PROCOMMA
ActiveSummary
PROCOMMA has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165,087 and a net result of €5,836. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 92% of 8,556 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €165,087
- Profit
- €5,836
Why 95raises riskSize: total assets €177,833lowers riskLiquidity: current ratio 8.16, cash €47,008Equity €165,087 (92.8% of total assets)Sector: Advertising, market research and public relations activities (NACE 73)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 73, micro): better than 87% on solvency, 75% on liquidity, 31% on profitability and 52% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €5,836 ▼87.4%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 72% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 5,047 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 93.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 5,047 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,578 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,255 | €2,698 | €3,442 | €6,724 | €7,086 | €8,632 | €12,423 | ▲ 43.9% |
| Other operating charges640/8 | - | - | - | €1,856 | €1,191 | €6,235 | €2,081 | ▼ 66.6% |
| Non-recurring operating charges66A | - | - | - | - | - | €14,951 | - | - |
| Gross operating margin9900 | €47,955 | €73,506 | €54,440 | €41,892 | €55,163 | €101,321 | €34,554 | ▼ 65.9% |
| Operating profit (loss)9901 | €44,119 | €69,266 | €50,347 | €33,312 | €46,886 | €71,503 | €20,050 | ▼ 72.0% |
| Financial income75/76B | - | - | - | €770 | €1 | €1 | €33 | ▲ 24× |
| Recurring financial income75 | €13 | €1 | - | €307 | €1 | €1 | €33 | ▲ 24× |
| Non-recurring financial income76B | - | - | - | €464 | - | - | - | - |
| Financial charges65/66B | - | - | - | €1,824 | €3,446 | €10,573 | €8,251 | ▼ 22.0% |
| Recurring financial charges65 | €1,047 | €523 | €693 | €1,824 | €3,446 | €10,573 | €8,251 | ▼ 22.0% |
| Profit (loss) for the period before taxes9903 | €43,085 | €68,744 | €49,654 | €32,259 | €43,441 | €60,931 | €11,833 | ▼ 80.6% |
| Income taxes67/77 | €6,144 | €13,313 | €9,709 | €8,207 | €9,878 | €14,493 | €5,997 | ▼ 58.6% |
| Profit (loss) for the period9904 | €36,941 | €55,431 | €39,944 | €24,052 | €33,563 | €46,439 | €5,836 | ▼ 87.4% |
| Profit (loss) for the period to be appropriated9905 | €36,941 | €55,431 | €39,944 | €24,052 | €33,563 | €46,439 | €5,836 | ▼ 87.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €68,937 | €125,435 | €99,228 | €118,161 | €131,476 | €180,463 | €177,833 | ▼ 1.5% |
| Fixed assets21/28 | €6,994 | €5,848 | €36,179 | €42,584 | €49,716 | €74,422 | €73,775 | ▼ 0.9% |
| Tangible fixed assets22/27 | €6,994 | €5,848 | €36,179 | €42,584 | €49,716 | €74,422 | €73,775 | ▼ 0.9% |
| Plant, machinery and equipment23 | - | - | - | €23,142 | €33,178 | €28,908 | €24,639 | ▼ 14.8% |
| Furniture and vehicles24 | - | - | - | €11,805 | €10,977 | €31,142 | €27,903 | ▼ 10.4% |
| Leasing and similar rights25 | - | - | - | €7,638 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €5,560 | €14,372 | €21,233 | ▲ 47.7% |
| Current assets29/58 | €61,943 | €119,587 | €63,049 | €75,577 | €81,760 | €106,041 | €104,058 | ▼ 1.9% |
| Stocks and contracts in progress3 | - | - | - | €6,969 | €4,150 | €1,729 | €5,268 | ▲ 205% |
| Stocks30/36 | - | - | - | €6,969 | €4,150 | €1,729 | €5,268 | ▲ 205% |
| Amounts receivable within one year40/41 | €34,128 | €76,437 | €37,842 | €58,368 | €43,663 | €39,601 | €51,379 | ▲ 29.7% |
| Trade receivables40 | - | - | - | €40,615 | €42,876 | €36,709 | €41,148 | ▲ 12.1% |
| Other amounts receivable41 | - | - | - | €17,753 | €787 | €2,891 | €10,231 | ▲ 254% |
| Cash at bank and in hand54/58 | €27,815 | €42,846 | €24,592 | €8,034 | €33,948 | €63,569 | €47,008 | ▼ 26.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,205 | - | €1,143 | €403 | ▼ 64.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €68,937 | €125,435 | €99,228 | €118,161 | €131,476 | €180,463 | €177,833 | ▼ 1.5% |
| Equity10/15 | €34,875 | €90,306 | €70,250 | €100,502 | €112,813 | €159,252 | €165,087 | ▲ 3.7% |
| Contributions10/11 | €12,400 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €22,475 | €77,906 | €57,850 | €81,902 | €94,213 | €140,652 | €146,487 | ▲ 4.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €80,042 | €92,353 | €138,792 | €144,627 | ▲ 4.2% |
| Amounts payable17/49 | €34,061 | €35,129 | €28,978 | €17,659 | €18,663 | €21,212 | €12,746 | ▼ 39.9% |
| Amounts payable after more than one year17 | - | - | - | €3,427 | - | - | - | - |
| Financial debts170/4 | - | - | - | €3,427 | - | - | - | - |
| Amounts payable within one year42/48 | €34,061 | €35,129 | €28,978 | €14,232 | €18,663 | €21,212 | €12,746 | ▼ 39.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,619 | - | - | - | - |
| Financial debts43 | - | - | - | €4,576 | €3,392 | €3,385 | €3,415 | ▲ 0.9% |
| Credit institutions430/8 | - | - | - | €1,227 | - | - | - | - |
| Other loans439 | - | - | - | €3,348 | €3,392 | €3,385 | €3,415 | ▲ 0.9% |
| Trade debts44 | €4,287 | €16,648 | €13,387 | €3,530 | €11,965 | €13,335 | €9,330 | ▼ 30.0% |
| Suppliers440/4 | - | - | - | €3,530 | €11,965 | €13,335 | €9,330 | ▼ 30.0% |
| Taxes, remuneration and social security45 | - | - | - | €4,508 | €3,307 | €4,493 | - | - |
| Taxes450/3 | - | - | - | €4,484 | €3,307 | €4,493 | - | - |
| Remuneration and social security454/9 | - | - | - | €24 | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,941 | €55,431 | €39,944 | €24,052 | €33,563 | €46,439 | €5,836 | ▼ 87.4% |
| + Depreciation and write-downs630 | €2,255 | €2,698 | €3,442 | €6,724 | €7,086 | €8,632 | €12,423 | ▲ 43.9% |
| Operating cash flow (approximation) | €39,197 | €58,129 | €43,387 | €30,775 | €40,649 | €55,071 | €18,258 | ▼ 66.8% |
| Investment in fixed assets (approximation) | - | -€1,552 | -€33,773 | -€13,129 | -€14,217 | -€33,338 | -€11,776 | ▲ 64.7% |
| Change in cash | - | €15,032 | -€18,255 | -€16,557 | €25,913 | €29,621 | -€16,561 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 17-12-2025 | 2025-00584038 |
| 30-06-2024 | micro format | 12-12-2024 | 2024-00618213 |
| 30-06-2023 | micro format | 12-12-2023 | 2023-00527586 |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00009329 |
| 30-06-2021 | micro format | 28-01-2022 | 2022-02600479 |
| 30-06-2020 | micro format | 28-01-2021 | 2021-02800574 |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03500589 |
| 30-06-2018 | micro format | 31-01-2019 | 2019-03500182 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Other functions 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| VAN HALEWEYCK,Bertwin |
|
Owners and capital
Capital and shareholders
- 06-02-2024 Converted to unavailable equity · €18,600
Group and network
Connections & network
1 office holderThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-02
Gazette deed
Resignation: VAN HALEWEYCK,Bertwin (director)Reappointment: VAN HALEWEYCK,Bertwin (niet statutairbestuurder) · Purpose change · Amendment of the articles13 facts ▸
- General meeting, 08-12-2023
- Other provision, “verantwoording voorwerpwijziging en voorlezing verslag, bijzonder verslag bestuursorgaan de dato 2023-12-08 conform artikel 5:101 WVV” (deed in Dutch)
- Purpose change
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, middelen beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Director resignation, VAN HALEWEYCK,Bertwin (director)
- Director discharge, VAN HALEWEYCK,Bertwin
- Director reappointment, VAN HALEWEYCK,Bertwin (niet statutairbestuurder)
- Other provision, “verklaringbekwaamheiden aanvaarding” (deed in Dutch)
- Power of attorney, Renate De Koker
- +1 further fact in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23045B0115/00P000 | Flanders | 348 m² | 1 · 63 m² | 6.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PROCOMMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene…” (deed in Dutch)“Algemene kosten los van representatie-,reis-en verplaatsingskosten, ten kosteloze titel behoudens andersluidende beslissing algemene…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal bij meerdere kopers, elke overdracht onder…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- 2 provisions in the deed