PROCONDEV
ActiveSummary
The computed 12-month bankruptcy probability of PROCONDEV is 2.6% (moderate). The 2025 annual accounts show negative equity (-€3,499) and a net result of -€507. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 5% of 12,686 sector peers (NACE 47, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€3,499
- Loss
- -€507
Why 50raises risk1 change of registered office in 24 monthsNegative equity -€3,499Loss of €507 (financial year 2025)lowers riskSize: total assets €874Show the evidence
Checked score
About 3 in 100 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 47, micro): better than 6% on solvency, 22% on liquidity, 6% on profitability and 22% on growth.
The bankruptcy probability was computed on 28-10-2026 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 50 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €1,651
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (56 days) Filed on 25 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00528411.
2021 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €507 after €1,657 in 2024.
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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: 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.
Peer companies
Historical observationOf the 6,907 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.4% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,445 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 6,907 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 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €733 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | -€73 | -€195 | -€36 | -€273 | -€279 | €2,044 | -€107 | - |
| Operating profit (loss)9901 | -€420 | -€542 | -€769 | -€621 | -€663 | €1,657 | -€507 | - |
| Financial charges65/66B | - | - | - | - | - | €5 | €1 | ▼ 89.0% |
| Recurring financial charges65 | - | - | - | - | - | €5 | €1 | ▼ 89.0% |
| Profit (loss) for the period before taxes9903 | -€420 | -€542 | -€769 | -€621 | -€663 | €1,651 | -€507 | - |
| Profit (loss) for the period9904 | -€420 | -€542 | -€769 | -€621 | -€663 | €1,651 | -€507 | - |
| Profit (loss) for the period to be appropriated9905 | -€420 | -€542 | -€769 | -€621 | -€663 | €1,651 | -€507 | - |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €187 | €45 | €43 | €170 | €109 | €815 | €874 | ▲ 7.2% |
| Current assets29/58 | €187 | €45 | €43 | €170 | €109 | €815 | €874 | ▲ 7.2% |
| Amounts receivable within one year40/41 | - | - | - | - | - | €700 | €700 | = |
| Trade receivables40 | - | - | - | - | - | €500 | €500 | = |
| Other amounts receivable41 | - | - | - | - | - | €200 | €200 | = |
| Cash at bank and in hand54/58 | €187 | €45 | €43 | €170 | €109 | €115 | €174 | ▲ 51.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €187 | €45 | €43 | €170 | €109 | €815 | €874 | ▲ 7.2% |
| Equity10/15 | -€1,613 | -€2,155 | -€3,358 | -€3,979 | -€4,643 | -€2,991 | -€3,499 | ▼ 17.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€7,813 | -€8,355 | -€9,558 | -€10,179 | -€10,843 | -€9,191 | -€9,699 | ▼ 5.5% |
| Amounts payable17/49 | €1,800 | €2,200 | €3,401 | €4,149 | €4,751 | €3,806 | €4,373 | ▲ 14.9% |
| Amounts payable within one year42/48 | €1,800 | €2,200 | €3,401 | €4,149 | €4,751 | €3,806 | €4,373 | ▲ 14.9% |
| Trade debts44 | - | - | - | €348 | - | - | - | - |
| Suppliers440/4 | - | - | - | €348 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | €5 | €5 | = |
| Taxes450/3 | - | - | - | - | - | €5 | €5 | = |
| Other amounts payable47/48 | - | - | €3,401 | €3,801 | €4,751 | €3,801 | €4,368 | ▲ 14.9% |
| Line | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€420 | -€542 | -€769 | -€621 | -€663 | €1,651 | -€507 | - |
| Operating cash flow (approximation) | -€420 | -€542 | -€769 | -€621 | -€663 | €1,651 | -€507 | - |
| Change in cash | - | -€142 | - | €127 | -€61 | €7 | €59 | ▲ 802% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 25-09-2026 | 2026-00528411 |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00473773 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00430521 |
| 31-12-2022 | micro format | 08-11-2023 | 2023-00509606 |
| 31-12-2021 | micro format | 17-10-2022 | 2022-20465707 |
| 31-12-2019 | micro format | 17-08-2020 | 2020-41600299 |
| 31-12-2018 | micro format | 11-09-2019 | 2019-64200025 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57700263 |
| 31-12-2016 | micro format | 06-10-2017 | 2017-66700023 |
| 31-12-2015 | abbreviated format | 27-02-2017 | 2017-05200241 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 21-11-2024 Capital stated in the deed · 100 shares
Group and network
Connections & network
No directors read yet: 1 of 3 Gazette acts processed.
History
Acts, filings and financial milestones
21-11
Gazette deed
Registered office · Amendment of the articles · Legal-form change · Name · Resignations & appointmentsIncorporation · Capital conversion · Name change15 facts ▸
- General meeting, “buitengewonealgemenevergaderingvandeenigeaandeelhouder, buitengewoon” (deed in Dutch)
- Incorporation, 16-05-2012
- Other provision, “statutenongewijzigdtotopheden” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “artikel39,§2,tweedelidwet2019-03-23” (deed in Dutch)
- Capital conversion, “opheffen, middelenbeschikbaarvooruitkering” (deed in Dutch)
- Name change, PROCONDEV
- Purpose change
- Capital
- Other provision, “statutaironbeschikbareeigenvermogensrekening, Artikel6” (deed in Dutch)
- Other provision, “bevestiging bestuursmandaat terminologie, term zaakvoerder vervangen door bestuurder sedert 2020-01-01WVV” (deed in Dutch)
- Registered-office move, 3000Leuven,Burgemeestersstraat51
- +3 further facts in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have 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.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24092C0311/00G000 | Flanders | 1,662 m² | 1 · 202 m² | 9.7 m · 1 |
| 24502B0326/00A016 | Flanders | 122 m² | 1 · 71 m² | 12.0 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Advies en makelaarschap inzake:verzekeringen,financiële producten,vermogensbeheer,immobiliën; Advies en consultancy aangaande:private en…” (deed in Dutch)
2 activities (deed in Dutch)
- Advies en makelaarschap inzake:verzekeringen,financiële producten,vermogensbeheer,immobiliën.
- Advies en consultancy aangaande:private en industriële binneninrichting,kostenbeheer,strategische bedrijfsoriëntatie,bedrijfsorganisatie.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PROCONDEV
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering” (deed in Dutch)“Bestuurder, algemene kosten” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s), erfgenamen en legatarissen die niet van rechtswege aandeelhouder worden vragen toestemming met zelfde…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, 24” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffenaars, alle machten artikel2:87WVV zonder bijzondere machtiging” (deed in Dutch)