PROCONSTRUCTION
ActiveSummary
PROCONSTRUCTION has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €60,548 and a net result of €8,675. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 2438 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▲+16
Solvency100▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 4.05 against 2.91 in 2023; short-term debt: 21.5% and cash: 10.5% of total assets), and 21.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
78.5%
Return on assets
11.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
18 d late
2023
22 d late
2022
34 d early
2021
32 d early
2020
13 d late
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€60,548▲ 16.7%
2023 · €51,873
Total assets
€77,133▲ 8.7%
2023 · €70,963
Net result
€8,675
2023 · -€1,101
Working capital
€50,630▲ 39.1%
2023 · €36,399
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€56,633▲ 514%-€26,264€22,488€2,232▼ 90.1%€12,989▲ 482%
Net result€34,342▲ 987%-€31,542€19,706-€1,101€8,675
Equity€64,810▲ 113%€33,268▼ 48.7%€52,974▲ 59.2%€51,873▼ 2.1%€60,548▲ 16.7%
Total assets€141,791▲ 25.1%€80,708▼ 43.1%€93,553▲ 15.9%€70,963▼ 24.1%€77,133▲ 8.7%
Debt€76,981▼ 7.1%€47,440▼ 38.4%€40,579▼ 14.5%€19,091▼ 53.0%€16,585▼ 13.1%
Working capital€39,413▲ 301%€9,556▼ 75.8%€29,430▲ 208%€36,399▲ 23.7%€50,630▲ 39.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 482% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €77,133
Fixed assets
€9,918 ▼ 35.9%
Current assets
€67,215 ▲ 21.1%
Equity and liabilities €77,133
Equity
€60,548 ▲ 16.7%
Debt
€16,585 ▼ 13.1%
Debt's share of the balance-sheet total falls from 26.9% to 21.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20,584▲
2023 · €11,200
Cash flow
€16,271▲
2023 · €7,866
Current ratio
4.05▲
2023 · 2.91
Debt to equity
0.27▼
2023 · 0.37
ROE
14.3%▲
2023 · -2.1%
ROA
11.2%▲
2023 · -1.6%
Interest coverage
188.85▲
2023 · 6.05
Debt ≤ 1 year
€16,585▼
2023 · €19,091
Income taxes
€4,212▲
2023 · €1,483
Staff costs
€387▲
2023 · €384
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 34,672 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,682 | €24,568 | €8,702 | €8,968 | €7,596 | ▼ 15.3% |
| Other operating charges640/8 | - | €1,059 | €5,551 | €14,234 | €2,391 | ▼ 83.2% |
| Gross operating margin9900 | €83,010 | -€290 | €37,088 | €25,818 | €23,362 | ▼ 9.5% |
| Operating profit (loss)9901 | €56,633 | -€26,264 | €22,488 | €2,232 | €12,989 | ▲ 482% |
| Financial income75/76B | - | €1 | €11 | - | €7 | - |
| Recurring financial income75 | €54 | €1 | €11 | - | €7 | - |
| Financial charges65/66B | - | €5,037 | €2,522 | €1,850 | €109 | ▼ 94.1% |
| Recurring financial charges65 | €11,262 | €5,037 | €2,522 | €1,850 | €109 | ▼ 94.1% |
| Profit (loss) for the period before taxes9903 | €45,425 | -€31,301 | €19,977 | €382 | €12,887 | ▲ 3,274% |
| Income taxes67/77 | €11,083 | €241 | €271 | €1,483 | €4,212 | ▲ 184% |
| Profit (loss) for the period9904 | €34,342 | -€31,542 | €19,706 | -€1,101 | €8,675 | ▲ 888% |
| Profit (loss) for the period to be appropriated9905 | €34,342 | -€31,542 | €19,706 | -€1,101 | €8,675 | ▲ 888% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €141,791 | €80,708 | €93,553 | €70,963 | €77,133 | ▲ 8.7% |
| Fixed assets21/28 | €48,368 | €26,980 | €42,044 | €15,474 | €9,918 | ▼ 35.9% |
| Tangible fixed assets22/27 | €48,368 | €26,980 | €42,044 | €15,474 | €9,918 | ▼ 35.9% |
| Plant, machinery and equipment23 | - | €5,520 | €4,020 | €2,371 | €1,359 | ▼ 42.7% |
| Furniture and vehicles24 | - | €21,460 | €38,023 | €13,103 | €8,559 | ▼ 34.7% |
| Current assets29/58 | €93,423 | €53,728 | €51,509 | €55,490 | €67,215 | ▲ 21.1% |
| Amounts receivable within one year40/41 | €30,389 | €33,399 | €41,114 | €50,927 | €56,808 | ▲ 11.5% |
| Trade receivables40 | - | €28,994 | €39,994 | €47,925 | €52,430 | ▲ 9.4% |
| Other amounts receivable41 | - | €4,405 | €1,120 | €3,002 | €4,378 | ▲ 45.9% |
| Cash at bank and in hand54/58 | €62,398 | €19,774 | €10,294 | €4,361 | €8,061 | ▲ 84.8% |
| Deferred charges and accrued income490/1 | - | €554 | €100 | €202 | €2,346 | ▲ 1,064% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €141,791 | €80,708 | €93,553 | €70,963 | €77,133 | ▲ 8.7% |
| Equity10/15 | €64,810 | €33,268 | €52,974 | €51,873 | €60,548 | ▲ 16.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| 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 | = |
| Profit (loss) carried forward14 | €44,350 | €12,808 | €32,514 | €31,413 | €40,088 | ▲ 27.6% |
| Amounts payable17/49 | €76,981 | €47,440 | €40,579 | €19,091 | €16,585 | ▼ 13.1% |
| Amounts payable after more than one year17 | €22,971 | €3,269 | €18,500 | - | - | - |
| Financial debts170/4 | - | €3,269 | €18,500 | - | - | - |
| Amounts payable within one year42/48 | €54,010 | €44,172 | €22,079 | €19,091 | €16,585 | ▼ 13.1% |
| Current portion of amounts payable after more than one year42 | - | €19,702 | €7,259 | - | - | - |
| Trade debts44 | €2,797 | €4,758 | €559 | €4,846 | €2,677 | ▼ 44.8% |
| Suppliers440/4 | - | €4,758 | €559 | €4,846 | €2,677 | ▼ 44.8% |
| Taxes, remuneration and social security45 | - | €11,856 | €3,946 | €3,864 | €4,441 | ▲ 14.9% |
| Taxes450/3 | - | €11,256 | €3,946 | €3,864 | €4,441 | ▲ 14.9% |
| Remuneration and social security454/9 | - | €600 | €0 | - | - | - |
| Other amounts payable47/48 | - | €7,855 | €10,315 | €10,381 | €9,466 | ▼ 8.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,342 | -€31,542 | €19,706 | -€1,101 | €8,675 | ▲ 888% |
| + Depreciation and write-downs630 | €23,682 | €24,568 | €8,702 | €8,968 | €7,596 | ▼ 15.3% |
| Operating cash flow (approximation) | €58,024 | -€6,975 | €28,408 | €7,866 | €16,271 | ▲ 107% |
| Investment in fixed assets (approximation) | - | -€3,179 | -€23,765 | €17,602 | -€2,040 | ▼ 112% |
| Change in cash | - | -€42,624 | -€9,480 | -€5,933 | €3,700 | ▲ 162% |
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
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Back to profitnet €8,675
Net result €8,675 after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €19,706
Net result €19,706 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€31,542
Net result drops to -€31,542, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Highest result since 2019net €34,342 ▲987%
Operating result €56,633, net result €34,342, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Courcelles · 1 establishment unit since 2011
Ground area
767 m²
Building footprint
92 m²
Volume, LiDAR
556 m³
Parcel 52066B1025/00D002, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Proconstruction
since 20112.204.780.108
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52066B1025/00D002 | Wallonia | 767 m² | 1 · 92 m² | 9.0 m · 2 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.
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Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 1,102 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
Founded16-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
33120Repair and maintenance of machinery
43240Other construction installation
46190Agents in non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0841059680
Registered
16-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.