PROCURE1
ActivePROCURE1 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €432k and a net result of €87k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 43% of 1199 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability37▼-26
Solvency57▲+22
Growth85=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.12 in 2022; short-term debt: 67.6% of total assets), and 67.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
30 d early
2022
24 d early
2021
26 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€3.50M▲ 47.3%
2022 · €2.38M
2020: €134k
2021: €1.14M
2022: €2.38M
2020 → 2024
EBIT margin
4.0%▼ 2.2pp
2022 · 6.2%
2020: 1.8%
2021: 1.5%
2022: 6.2%
2020 → 2024
Net result
€87k▼ 3.4%
2022 · €90k
2020: €2k
2021: €3k
2022: €90k
2020 → 2024
Working capital
€432k▲ 25.8%
2022 · €343k
2020: €252k
2021: €252k
2022: €343k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222024Trend
Turnover€134k-€1.14M▲ 752%€2.38M▲ 108%€3.50M▲ 47.3%
Equity€252k-€255k▲ 1.3%€345k▲ 35.4%€432k▲ 25.3%
Operating result€2k-€17k▲ 586%€148k▲ 771%€141k▼ 4.8%
Net result€2k-€3k▲ 96.2%€90k▲ 2,692%€87k▼ 3.4%
Result per fiscal year
Operating resultNet result
The operating result is €141k in 2024, compared with €148k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €1.33M
Fixed assets
€840▼ 59.8%
Current assets
€1.33M▼ 59.6%
Equity and liabilities €1.33M
Equity
€432k▲ 25.3%
Debt
€902k▼ 69.5%
The debt ratio falls from 89.6% to 67.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€141k▼
2022 · €148k
Cash flow
€88k▼
2022 · €91k
Solvency
32.4%▲
2022 · 10.4%
Current ratio
1.48▲
2022 · 1.12
Quick ratio
0.57▲
2022 · 0.18
Debt / equity
2.09▼
2022 · 8.57
ROE
20.2%▼
2022 · 26.2%
ROA
6.5%▲
2022 · 2.7%
Interest coverage
1.29▼
2022 · 7.60
Debt
€902k▼
2022 · €2.96M
Debt ≤ 1 year
€902k▼
2022 · €2.96M
Income taxes
€32k▼
2022 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€3.30M€1.33M▼
Formation expenses20-€0
Fixed assets21/28€2k€840▼
Tangible fixed assets22/27€2k€840▼
Furniture and vehicles24€2k€840▼
Current assets29/58€3.30M€1.33M▼
Stocks and contracts in progress3€2.76M€823k▼
Stocks30/36€2.76M€823k▼
Goods purchased for resale34€2.76M€823k▼
Amounts receivable within one year40/41€537k€507k▼
Trade receivables40€432k€506k▲
Other amounts receivable41€104k€618▼
Current investments50/53€4k€4k▲
Other investments51/53€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€3.30M€1.33M▼
Equity10/15€345k€432k▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€9k€25k▲
Non-distributable reserves130/1€9k€25k▲
Legal reserve130€9k€25k▲
Profit (loss) carried forward14€86k€157k▲
Amounts payable17/49€2.96M€902k▼
Amounts payable within one year42/48€2.96M€902k▼
Financial debts43€74-
Credit institutions430/8€74-
Trade debts44€315k€147k▼
Suppliers440/4€315k€147k▼
Taxes, remuneration and social security45€33k€32k▼
Taxes450/3€33k€32k▼
Other amounts payable47/48€2.61M€724k▼
Income statement
Code20222024
Operating income70/76A€2.41M€3.51M▲
Turnover70€2.38M€3.50M▲
Other operating income74€30k€11k▼
Operating charges60/66A€2.26M€3.37M▲
Goods for resale, raw materials and consumables60€2.21M€3.28M▲
Purchases600/8€4.58M€2.20M▼
Change in stocks: decrease (increase)609€-2.36M€1.08M▲
Services and other goods61€21k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€624€624=
Other operating charges640/8€28k€11k▼
Operating profit (loss)9901€148k€141k▼
Financial income75/76B€1€112k▲
Recurring financial income75€1€112k▲
Other financial income752/9€1€112k▲
Financial charges65/66B€24k€134k▲
Recurring financial charges65€24k€134k▲
Debt charges650€20k€109k▲
Other financial charges652/9€5k€25k▲
Profit (loss) for the period before taxes9903€123k€119k▼
Income taxes67/77€33k€32k▼
Taxes670/3€33k€32k▼
Profit (loss) for the period9904€90k€87k▼
Profit (loss) for the period to be appropriated9905€90k€87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€157k▲
Profit (loss) brought forward from the previous period14P-€70k
Transfer to equity691/2€5k-
To the legal reserve6920€5k-
The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2020net €90k ▲2692%
Operating result €148k, net result €90k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Liège · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Guillemins 1294000 LiègeGround area
4,768 m²
Parcel 62814C0393/00V002, Wallonia. Linked by address, not a title deed.
1 establishment unit
PROCURE1
since 20192.326.425.234
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0393/00V002 | Wallonia | 4,768 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 24,505 companies in sector 82990 we hold annual accounts for 9,396. 6,072 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-12-2019
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:legal@gaming1.com
Phone:00 32 4 228 32 00