Procon
ActiveSummary
The computed 12-month bankruptcy probability of Procon is 1.6% (moderate). The 2024 annual accounts show equity of €187k and a net result of €114k. Equity is growing by ~42.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 26043 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency73▲+24
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.47 in 2023; short-term debt: 51.5% and cash: 89.9% of total assets), but 52.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
58 d late
2022
101 d late
2021
109 d late
2020
140 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€187k▲ 156%
2023 · €73k
2020: €52klowest in 5 years
2021: €60k▲ +15.4% vs 2020
2022: €110k▲ +82.0% vs 2021
2023: €73k▼ -33.6% vs 2022
2024: €187k▲ +156% vs 2023highest in 5 years
2020 → 2024
Total assets
€394k▲ 29.4%
2023 · €304k
2020: €111k
2021: €106k▼ -4.8% vs 2020lowest in 5 years
2022: €138k▲ +30.2% vs 2021
2023: €304k▲ +120% vs 2022
2024: €394k▲ +29.4% vs 2023highest in 5 years
2020 → 2024
Net result
€114k▲ 13.6%
2023 · €101k
2020: €46k
2021: €8k▼ -82.6% vs 2020lowest in 5 years
2022: €50k▲ +515% vs 2021
2023: €101k▲ +103% vs 2022
2024: €114k▲ +13.6% vs 2023highest in 5 years
2020 → 2024
Working capital
€185k▲ 93.4%
2023 · €96k
2020: €50klowest in 5 years
2021: €58k▲ +15.9% vs 2020
2022: €109k▲ +85.6% vs 2021
2023: €96k▼ -11.8% vs 2022
2024: €185k▲ +93.4% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€52k-€60k▲ 15.4%€110k▲ 82.0%€73k▼ 33.6%€187k▲ 156%
2020: €52klowest in 5 years
2021: €60k▲ +15.4% vs 2020
2022: €110k▲ +82.0% vs 2021
2023: €73k▼ -33.6% vs 2022
2024: €187k▲ +156% vs 2023highest in 5 years
Operating result€59k-€12k▼ 80.3%€63k▲ 446%€130k▲ 106%€169k▲ 29.3%
2020: €59k
2021: €12k▼ -80.3% vs 2020lowest in 5 years
2022: €63k▲ +446% vs 2021
2023: €130k▲ +106% vs 2022
2024: €169k▲ +29.3% vs 2023highest in 5 years
Net result€46k-€8k▼ 82.6%€50k▲ 515%€101k▲ 103%€114k▲ 13.6%
2020: €46k
2021: €8k▼ -82.6% vs 2020lowest in 5 years
2022: €50k▲ +515% vs 2021
2023: €101k▲ +103% vs 2022
2024: €114k▲ +13.6% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 29% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €394k
Fixed assets
€6k ▲ 65.8%
Current assets
€388k ▲ 29.0%
Equity and liabilities €394k
Equity
€187k ▲ 156%
Debt
€206k ▼ 10.7%
Debt's share of the balance-sheet total falls from 76.0% to 52.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€170k▲
2023 · €131k
Cash flow
€115k▲
2023 · €101k
Current ratio
1.91▲
2023 · 1.47
Debt to equity
1.10▼
2023 · 3.17
ROE
61.0%▼
2023 · 137.7%
ROA
29.0%▼
2023 · 33.1%
Interest coverage
28.58▼
2023 · 471.76
Debt ≤ 1 year
€203k▼
2023 · €205k
Income taxes
€49k▲
2023 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€304k€394k▲
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€3k€5k▲
Plant, machinery and equipment23€908€1k▲
Furniture and vehicles24€2k€4k▲
Financial fixed assets28€500€500=
Current assets29/58€301k€388k▲
Amounts receivable within one year40/41€91k€34k▼
Trade receivables40€84k€34k▼
Other amounts receivable41€7k-
Cash at bank and in hand54/58€210k€354k▲
Equity and liabilities
Total equity and liabilities10/49€304k€394k▲
Equity10/15€73k€187k▲
Contributions10/11€19k€19k=
Reserves13-€114k
Non-distributable reserves130/1-€114k
Other1319-€114k
Profit (loss) carried forward14€54k€55k▲
Amounts payable17/49€231k€206k▼
Amounts payable within one year42/48€205k€203k▼
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€66k€59k▼
Taxes450/3€63k€56k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€136k€140k▲
Accrued charges and deferred income492/3€26k€4k▼
Income statement
Code20232024
Non-recurring operating income76A€29k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€607€1k▲
Other operating charges640/8€437€27k▲
Gross operating margin9900€132k€197k▲
Operating profit (loss)9901€130k€169k▲
Financial income75/76B€9€5▼
Recurring financial income75€9€5▼
Financial charges65/66B€278€6k▲
Recurring financial charges65€278€6k▲
Profit (loss) for the period before taxes9903€130k€163k▲
Income taxes67/77€30k€49k▲
Profit (loss) for the period9904€101k€114k▲
Profit (loss) for the period to be appropriated9905€101k€114k▲
Appropriation of the result
Profit (loss) to be appropriated9906€204k€169k▼
Profit (loss) brought forward from the previous period14P€104k€54k▼
Transfer to equity691/2-€114k
To other reserves6921-€114k
Profit to be distributed694/7€150k-
Return on contributions (dividend)694€150k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €29k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €310 | €448 | €448 | €607 | €1k | ▲ 88.7% |
| Other operating charges640/8 | - | €723 | €667 | €437 | €27k | ▲ 6,138% |
| Gross operating margin9900 | €60k | €13k | €64k | €132k | €197k | ▲ 49.9% |
| Operating profit (loss)9901 | €59k | €12k | €63k | €130k | €169k | ▲ 29.3% |
| Financial income75/76B | - | - | €0 | €9 | €5 | ▼ 47.1% |
| Recurring financial income75 | - | - | €0 | €9 | €5 | ▼ 47.1% |
| Financial charges65/66B | - | €523 | €368 | €278 | €6k | ▲ 2,040% |
| Recurring financial charges65 | €109 | €523 | €368 | €278 | €6k | ▲ 2,040% |
| Profit (loss) for the period before taxes9903 | €59k | €11k | €63k | €130k | €163k | ▲ 25.1% |
| Income taxes67/77 | €13k | €3k | €13k | €30k | €49k | ▲ 63.9% |
| Profit (loss) for the period9904 | €46k | €8k | €50k | €101k | €114k | ▲ 13.6% |
| Profit (loss) for the period to be appropriated9905 | €46k | €8k | €50k | €101k | €114k | ▲ 13.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111k | €106k | €138k | €304k | €394k | ▲ 29.4% |
| Fixed assets21/28 | €2k | €2k | €2k | €4k | €6k | ▲ 65.8% |
| Tangible fixed assets22/27 | €2k | €1k | €1k | €3k | €5k | ▲ 76.7% |
| Plant, machinery and equipment23 | - | €466 | €274 | €908 | €1k | ▲ 22.4% |
| Furniture and vehicles24 | - | €1k | €759 | €2k | €4k | ▲ 100% |
| Financial fixed assets28 | - | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €109k | €104k | €137k | €301k | €388k | ▲ 29.0% |
| Amounts receivable within one year40/41 | €55k | €42k | €70k | €91k | €34k | ▼ 62.6% |
| Trade receivables40 | - | €21k | €51k | €84k | €34k | ▼ 59.6% |
| Other amounts receivable41 | - | €21k | €19k | €7k | - | - |
| Cash at bank and in hand54/58 | €55k | €62k | €65k | €210k | €354k | ▲ 68.5% |
| Deferred charges and accrued income490/1 | - | - | €2k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111k | €106k | €138k | €304k | €394k | ▲ 29.4% |
| Equity10/15 | €52k | €60k | €110k | €73k | €187k | ▲ 156% |
| Contributions10/11 | - | €6k | €6k | €19k | €19k | = |
| Reserves13 | - | - | - | - | €114k | - |
| Non-distributable reserves130/1 | - | - | - | - | €114k | - |
| Other1319 | - | - | - | - | €114k | - |
| Profit (loss) carried forward14 | €46k | €54k | €104k | €54k | €55k | ▲ 0.5% |
| Amounts payable17/49 | €59k | €46k | €28k | €231k | €206k | ▼ 10.7% |
| Amounts payable within one year42/48 | €59k | €46k | €28k | €205k | €203k | ▼ 1.1% |
| Trade debts44 | €13k | €6k | €8k | €3k | €3k | ▲ 22.6% |
| Suppliers440/4 | - | €6k | €8k | €3k | €3k | ▲ 22.6% |
| Taxes, remuneration and social security45 | - | €35k | €16k | €66k | €59k | ▼ 11.0% |
| Taxes450/3 | - | €29k | €12k | €63k | €56k | ▼ 11.5% |
| Remuneration and social security454/9 | - | €5k | €4k | €3k | €3k | = |
| Other amounts payable47/48 | - | €4k | €5k | €136k | €140k | ▲ 3.2% |
| Accrued charges and deferred income492/3 | - | - | - | €26k | €4k | ▼ 85.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46k | €8k | €50k | €101k | €114k | ▲ 13.6% |
| + Depreciation and write-downs630 | €310 | €448 | €448 | €607 | €1k | ▲ 88.7% |
| Operating cash flow (approximation) | €47k | €9k | €50k | €101k | €115k | ▲ 14.1% |
| Investment in fixed assets (approximation) | - | €-500 | €0 | €-3k | €-3k | ▼ 33.4% |
| Change in cash | - | €7k | €3k | €145k | €144k | ▼ 0.8% |
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
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2020net €114k ▲13.6%
Operating result €169k, net result €114k, both a record.
31-12
Financial
Equity above €150kEq €187k ▲156%
5 profitable years in a row build equity to €187k.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 4.88
Current ratio from 2.28 to 4.88; short-term debt falls from €46k to €28k.
31-12
Financial
Equity above €100kEq €110k ▲82%
3 profitable years in a row build equity to €110k.
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
2021
31-12
Financial
Weakest financial yearnet €8k ▼82.6%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 140 days late
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, Zoutleeuw · 1 establishment unit since 2019
Ground area
1,436 m²
Building footprint
279 m²
Volume, LiDAR
1,274 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Procon
since 20192.286.718.382
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24130A0096/00P000 | Flanders | 834 m² | 1 · 168 m² | 5.7 m · 1 fl. |
| 23096E0374/00D002 | Flanders | 602 m² | 1 · 111 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 531 companies in sector 47530 we hold annual accounts for 323. 270 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
Founded15-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47530Retail trade
47551Retail sale of household furniture
47552Retail sale of lighting equipment
47553Retail trade
47559Retail sale of other household articles
47690Retail sale of other cultural and recreation goods
47770Retail sale of watches and jewellery
47784Retail sale of souvenirs and religious articles
47791Retail sale of antiques
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
96995Pet boarding
Contact
Phone
015611973Zemst
Scores and ratios are computed by Checked and are not a credit decision.