PROCURE1
The computed 12-month bankruptcy probability of PROCURE1 is 0.6% (low). 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 50% of 195 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €432k |
| Net result | €87k |
| Better than sector | 50% |
| Active | 6 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.4% | 32.2% | |
| Net result | €87k | €26k | |
| Equity | €432k | €121k | |
| Total assets | €1.33M | €837k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €3.50M |
| EBITDA | €141k |
| Net profit | €87k |
| Cash flow | €88k |
| Staff costs | - |
| Income taxes | €32k |
| Dividends | - |
| Total assets | €1.33M |
| Equity | €432k |
| Debt | €902k |
| of which ≤ 1y | €902k |
| of which > 1y | - |
| Working capital | €432k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.48 |
| Quick ratio | 0.57 |
| Working capital ratio | 32.3% |
| Solvency | 32.4% |
| Debt / equity | 2.09 |
| Long-term debt ratio | - |
| Interest coverage | 1.29 |
| Gross margin | 6.5% |
| Net margin | 2.5% |
| ROA | 6.5% |
| ROE | 20.2% |
| EBITDA margin | 4.0% |
| Days sales outstanding | 53d |
| Days payable outstanding | 16d |
| Inventory turnover | 3.98 |
| Days inventory (DSI) | 92d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.33M |
| Fixed assets | 21/28 | €840 |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €840 |
| Current assets | 29/58 | €1.33M |
| Stocks & contracts in progress | 3 | €823k |
| Amounts receivable within one year | 40/41 | €507k |
| Investments | 50/53 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.33M |
| Equity | 10/15 | €432k |
| Contributions / capital | 10/11 | €250k |
| Reserves | 13 | €25k |
| Accumulated profits (losses) | 14 | €157k |
| Amounts payable | 17/49 | €902k |
| Amounts payable within one year | 42/48 | €902k |
| Trade debts payable within one year | 44 | €147k |
| Income statement | ||
| Turnover | 70 | €3.50M |
| Operating result | 9901 | €141k |
| Financial income | 75 | €112k |
| Financial charges | 65 | €134k |
| Result before taxes | 9903 | €119k |
| Income taxes | 67/77 | €32k |
| Net result for the period | 9904 | €87k |
| Result to be appropriated | 9905 | €87k |
| NACE primary | 82990 |
| Legal form | Public limited company(014) |
| Incorporation | 10-12-2019 |
| Status | Active |
| Postal code | 4000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0393/00V002 | Wallonia | 4,768 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-01-2024 2 directors appointed, 1 reappointed
- Anne Lambert, Dagelijks bestuur
- Charlotte Braillon, Dagelijks bestuur
- Christian Schmetz, Commissaris
Technical details
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"profession": "r\u00E9viseur d\u0027entreprises",
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"subkind": "renewal",
"via_org": {
"kbo": "0431.088.289",
"name": "BDO BEDRIJFSREVISOREN-BDO REVISEURS D\u0027ENTREPRISES",
"address": "Da Vincilaan 9, 1930 ZAVENTEM (Vlaams Brabant) Belgique",
"country": "BE",
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},
"statutory": "statutair",
"compensated": null,
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"evidence_quote": "DECIDENT de renouveler en qualit\u00E9 de commissaire pour une dur\u00E9e de trois ans, BDO BEDRIJFSREVISOREN-BDO REVISEURS D\u0027ENTREPRISES (agr\u00E9ment B 00023) dont les bureaux sont \u00E9tablis \u00E0 Da Vincilaan 9, 1930 ZAVENTEM (Vlaams Brabant) Belgique et dont le num\u00E9ro d\u0027entreprise est le 0431.088.289.",
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{
"kind": "decharge_granted",
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"via_org": {
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},
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"evidence_quote": "Conform\u00E9ment \u00E0 l\u0027article 3:60 du Code des soci\u00E9t\u00E9s et des associations, BDO BEDRIJFSREVISOREN-BDO REVISEURS D\u0027ENTREPRISES a d\u00E9sign\u00E9 Monsieur Christian Schmetz, r\u00E9viseur d\u0027entreprises (agr\u00E9ment A 02370), en tant que repr\u00E9sentant permanent.",
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"evidence_quote": "DECIDENT de donner tous pouvoirs \u00E0 Anne Lambert et Charlotte Braillon, agissant s\u00E9par\u00E9ment, avec pouvoir de substitution, aux fins de signer tout document et d\u0027accomplir toute formalit\u00E9 n\u00E9cessaire en vue de la publication des d\u00E9cisions mentionn\u00E9es ci-dessus dans les Annexes du Moniteur belge.",
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"evidence_quote": "DECIDENT de donner tous pouvoirs \u00E0 Anne Lambert et Charlotte Braillon, agissant s\u00E9par\u00E9ment, avec pouvoir de substitution, aux fins de signer tout document et d\u0027accomplir toute formalit\u00E9 n\u00E9cessaire en vue de la publication des d\u00E9cisions mentionn\u00E9es ci-dessus dans les Annexes du Moniteur belge.",
"decharge_status": null,
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],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-01-25",
"filing_date": "2024-01-04",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-10-12",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0738.908.980",
"name_full": "TRIBUNAL DEI\u0027FNTREPRISE DFI",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Charlotte Braillon",
"org_rep_person_name": null,
"person_role_at_subject": "Mandataire"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | PROCURE1 |