PRODABIO
ActiveSummary
PRODABIO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €744,478 and a net result of €321,420. Equity is growing by ~52.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 872 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability61▼-10
Solvency33▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.0 against 0.98 in 2023; short-term debt: 75.9% and cash: 17.6% of total assets), and 91.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.3%
Return on assets
3.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 872 sector peers (2024).
NBB · sector comparisonPosition among 872 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
68 d late
2022
29 d late
2021
61 d late
2020
27 d late
2019
52 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 60 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
In the rankings
#2 company by total assets in Awans, Manufacturing sector#8 company by equity in Awans, Manufacturing sector
Turnover
€17.1m
EBIT margin
2.9%
Net result
€321,420▲ 132%
2023 · €138,421
Working capital
€10,534
2023 · -€114,132
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€17.1m
Operating result€30,923-€18,302€273,842€225,288▼ 17.7%€497,900▲ 121%
Net result€22,444within the sector's middle half-€26,234below the sector's middle half€234,686above the sector's middle half€138,421above the sector's middle half▼ 41.0%€321,420within the sector's middle half▲ 132%
EBIT margin2.9%
Equity€106,185within the sector's middle half▲ 26.8%€79,952within the sector's middle half▼ 24.7%€314,637above the sector's middle half▲ 294%€453,058above the sector's middle half▲ 44.0%€744,478within the sector's middle half▲ 64.3%
Total assets€638,502above the sector's middle half▼ 19.5%€1.1mabove the sector's middle half▲ 74.9%€6.6mabove the sector's middle half▲ 491%€6.7mabove the sector's middle half▲ 0.9%€8.9mwithin the sector's middle half▲ 34.3%
Debt€532,316▼ 25.0%€1.0m▲ 94.8%€6.3m▲ 506%€6.2m▼ 1.3%€8.2m▲ 32.1%
Working capital-€263,580below the sector's middle half▲ 6.2%-€398,793below the sector's middle half▼ 51.3%-€281,943below the sector's middle half▲ 29.3%-€114,132below the sector's middle half▲ 59.5%€10,534within the sector's middle half
Solvency16.6%within the sector's middle half▲ 6.1pp7.2%within the sector's middle half▼ 9.5pp4.8%within the sector's middle half▼ 2.4pp6.8%within the sector's middle half▲ 2.0pp8.3%below the sector's middle half▲ 1.5pp
Current ratio0.18below the sector's middle half▼ 0.170.17below the sector's middle half▼ 0.010.95within the sector's middle half▲ 0.780.98within the sector's middle half▲ 0.031.00within the sector's middle half▲ 0.02
Return on assets (ROA)3.5%within the sector's middle half▲ 5.9pp-2.3%within the sector's middle half▼ 5.9pp3.6%within the sector's middle half▲ 5.9pp2.1%within the sector's middle half▼ 1.5pp3.6%within the sector's middle half▲ 1.5pp
Staff (FTE)1below the sector's middle half1=1=3.1▲ 210%4below the sector's middle half▲ 29.0%
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result +132% on 2023. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 121% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.9m
Fixed assets
€2.1m ▲ 52.3%
Current assets
€6.8m ▲ 29.4%
Equity and liabilities €8.9m
Equity
€744,478 ▲ 64.3%
Debt
€8.2m ▲ 32.1%
Debt's share of the balance-sheet total falls from 93.2% to 91.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€681,245▲
2023 · €361,808
Cash flow
€504,765▲
2023 · €274,941
Quick ratio
0.88▲
2023 · 0.85
Debt to equity
11.01▼
2023 · 13.70
ROE
43.2%▲
2023 · 30.6%
Interest coverage
15.41▲
2023 · 10.35
Debt ≤ 1 year
€6.8m▲
2023 · €5.4m
Debt > 1 year
€1.4m▲
2023 · €843,718
Income taxes
€118,069▲
2023 · €52,000
Staff costs
€249,165▲
2023 · €154,194
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,250 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.4%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,662 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% | 1.7% |
| 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 75% 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 1,250 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €17.2m | - |
| Turnover70 | - | - | - | - | €17.1m | - |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | - | €52,247 | - |
| Other operating income74 | - | - | - | - | €1,903 | - |
| Non-recurring operating income76A | - | - | €3,126 | €4,500 | - | - |
| Operating charges60/66A | - | - | - | - | €16.7m | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €15.0m | - |
| Purchases600/8 | - | - | - | - | €15.0m | - |
| Change in stocks: decrease (increase)609 | - | - | - | - | -€77,566 | - |
| Services and other goods61 | - | - | - | - | €1.4m | - |
| Remuneration, social security and pensions62 | - | €92,220 | €77,235 | €154,194 | €249,165 | ▲ 61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €75,275 | €90,548 | €129,596 | €136,520 | €183,345 | ▲ 34.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €368,054 | €52,658 | -€144,180 | ▼ 374% |
| Other operating charges640/8 | - | €2,701 | €122,056 | €2,446 | €5,778 | ▲ 136% |
| Gross operating margin9900 | €198,517 | €167,166 | €970,783 | €571,105 | - | - |
| Operating profit (loss)9901 | €30,923 | -€18,302 | €273,842 | €225,288 | €497,900 | ▲ 121% |
| Financial income75/76B | - | €301 | €600 | €75 | €197 | ▲ 162% |
| Recurring financial income75 | - | €301 | €600 | €75 | €197 | ▲ 162% |
| Other financial income752/9 | - | - | - | - | €197 | - |
| Financial charges65/66B | - | €8,232 | €11,538 | €34,942 | €58,608 | ▲ 67.7% |
| Recurring financial charges65 | €8,479 | €8,232 | €11,538 | €34,942 | €58,608 | ▲ 67.7% |
| Debt charges650 | - | - | - | - | €44,218 | - |
| Other financial charges652/9 | - | - | - | - | €14,390 | - |
| Profit (loss) for the period before taxes9903 | €22,444 | -€26,234 | €262,904 | €190,421 | €439,489 | ▲ 131% |
| Income taxes67/77 | - | - | €28,218 | €52,000 | €118,069 | ▲ 127% |
| Taxes670/3 | - | - | - | - | €118,069 | - |
| Profit (loss) for the period9904 | €22,444 | -€26,234 | €234,686 | €138,421 | €321,420 | ▲ 132% |
| Profit (loss) for the period to be appropriated9905 | €22,444 | -€26,234 | €234,686 | €138,421 | €321,420 | ▲ 132% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €638,502 | €1.1m | €6.6m | €6.7m | €8.9m | ▲ 34.3% |
| Fixed assets21/28 | €581,795 | €1.0m | €1.0m | €1.4m | €2.1m | ▲ 52.3% |
| Intangible fixed assets21 | - | - | - | - | €15,524 | - |
| Tangible fixed assets22/27 | €581,795 | €1.0m | €1.0m | €1.4m | €2.1m | ▲ 51.2% |
| Land and buildings22 | - | €504,798 | €480,364 | €818,964 | €695,766 | ▼ 15.0% |
| Plant, machinery and equipment23 | - | €487,492 | €517,106 | €563,591 | €1.4m | ▲ 155% |
| Furniture and vehicles24 | - | €6,642 | €30,624 | €23,074 | - | - |
| Leasing and similar rights25 | - | €36,960 | €21,120 | €5,280 | - | - |
| Current assets29/58 | €56,707 | €80,870 | €5.6m | €5.3m | €6.8m | ▲ 29.4% |
| Stocks and contracts in progress3 | - | - | €632,994 | €670,097 | €799,910 | ▲ 19.4% |
| Stocks30/36 | - | - | €632,994 | €670,097 | €799,910 | ▲ 19.4% |
| Raw materials and consumables30/31 | - | - | - | - | €697,734 | - |
| Finished goods33 | - | - | - | - | €102,176 | - |
| Amounts receivable within one year40/41 | €43,875 | €74,648 | €4.2m | €3.3m | €4.4m | ▲ 31.1% |
| Trade receivables40 | - | €56,976 | €4.2m | €3.2m | €4.3m | ▲ 32.6% |
| Other amounts receivable41 | - | €17,671 | €2,386 | €109,124 | €91,297 | ▼ 16.3% |
| Cash at bank and in hand54/58 | €12,832 | €6,222 | €754,873 | €1.2m | €1.6m | ▲ 29.3% |
| Deferred charges and accrued income490/1 | - | - | - | €17,002 | €37,154 | ▲ 119% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €638,502 | €1.1m | €6.6m | €6.7m | €8.9m | ▲ 34.3% |
| Equity10/15 | €106,185 | €79,952 | €314,637 | €453,058 | €744,478 | ▲ 64.3% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | - | €250,000 | €250,000 | - | €250,000 | - |
| Issued capital100 | - | €250,000 | €250,000 | - | €250,000 | - |
| Profit (loss) carried forward14 | -€143,815 | -€170,048 | €64,637 | €203,058 | €494,478 | ▲ 144% |
| Amounts payable17/49 | €532,316 | €1.0m | €6.3m | €6.2m | €8.2m | ▲ 32.1% |
| Amounts payable after more than one year17 | €212,029 | €557,148 | €452,634 | €843,718 | €1.4m | ▲ 66.9% |
| Financial debts170/4 | - | €557,148 | €452,634 | €843,718 | €1.4m | ▲ 66.9% |
| Subordinated loans170 | - | - | - | - | €140,000 | - |
| Credit institutions173 | - | - | - | - | €1.3m | - |
| Amounts payable within one year42/48 | €320,287 | €479,663 | €5.8m | €5.4m | €6.8m | ▲ 26.5% |
| Current portion of amounts payable after more than one year42 | - | €103,744 | €104,514 | €107,131 | €171,221 | ▲ 59.8% |
| Trade debts44 | €6,846 | €35,410 | €4.9m | €4.4m | €5.9m | ▲ 34.7% |
| Suppliers440/4 | - | €35,410 | €4.9m | €4.4m | €5.9m | ▲ 34.7% |
| Taxes, remuneration and social security45 | - | - | €37,206 | €90,176 | €101,530 | ▲ 12.6% |
| Taxes450/3 | - | - | €35,496 | €80,000 | €74,810 | ▼ 6.5% |
| Remuneration and social security454/9 | - | - | €1,710 | €10,176 | €26,720 | ▲ 163% |
| Other amounts payable47/48 | - | €340,509 | €792,789 | €795,763 | €625,562 | ▼ 21.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €6,250 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,444 | -€26,234 | €234,686 | €138,421 | €321,420 | ▲ 132% |
| + Depreciation and write-downs630 | €75,275 | €90,548 | €129,596 | €136,520 | €183,345 | ▲ 34.3% |
| Operating cash flow (approximation) | €97,719 | €64,314 | €364,282 | €274,941 | €504,765 | ▲ 83.6% |
| Investment in fixed assets (approximation) | - | -€544,646 | -€142,918 | -€498,215 | -€921,057 | ▼ 84.9% |
| Change in cash | - | -€6,610 | €748,651 | €459,698 | €355,401 | ▼ 22.7% |
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
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 120 days late
2024
31-12
Financial
Highest result since 2018net €321,420 ▲132%
Operating result €497,900, net result €321,420, both a record.
31-12
Financial
Equity above €500,000Eq €744,478 ▲64.3%
3 profitable years in a row build equity to €744,478.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €234,686
Net result €234,686 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €314,637 ▲294%
Equity rises from €79,952 to €314,637.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €22,444
Net result €22,444 after 2 loss-making years.
31-12
Financial
Equity above €100,000Eq €106,185 ▲26.8%
Equity rises from €83,741 to €106,185.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Awans · 1 establishment unit since 2016
Ground area
850 m²
Building footprint
55 m²
Volume, LiDAR
378 m³
Parcel 62106A1278/00D000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PRODABIO
since 20162.259.469.104
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62106A1278/00D000 | Wallonia | 850 m² | 1 · 55 m² | 8.4 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.
Structure & network
Owners and holdings
3 ownersChain of control
Highest known parent: Molens Dedobbeleer Moulins voorheen Moulins de la Senne. The sources do not say who stands above it.
Owners 3
- 70%
- René Dedobbeleernatural personSourceown accounts 202430%
-
10%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of PRODABIO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAwans2.259.469.104
Similar companies · same sector, comparable size
VOEDERS BOSCH
BE 0887.862.873
Kortemark · Eq €751,136
SOCIETE D'ELEVAGE ET FABRICATION D'ALIMENTS POUR BETAIL
BE 0420.595.166
Ath · Eq €716,255
BIVIT
BE 0439.165.025
Wevelgem · Eq €780,157
Alfra
BE 0404.392.901
Grâce-Hollogne · Eq €784,095
VOEDERS ORSMOLEN
BE 0419.422.357
Dendermonde · Eq €815,785
Of 182 companies in sector 10910 we hold annual accounts for 149. 103 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
10910Manufacture of food products
46216Wholesale of agricultural produce and animal feed, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0666433748
Also
9925:BE0666433748
Registered
18-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.