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PRODIP

Active Public limited companyfounded 1989active for 37 yearsZwaanhofweg 10, 8900 YpresKBO/BCE: BE 0437.961.235 subsidiary of
Part of the group 14 companies in 4 countries

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1990
peak €2.2m (2023)
-€6,835▲ €9,464
lowest -€2.5m (2025)
-€2.5m▼ €2.6m
peak €5.6m (2007)
€26,325▼ 98.9%
€8,362▼ 90.4%
Board5 names since 2017
2 directors and 1 other
Owners3 names in the annual accounts
consolidates
Documentsfilings and deeds
24-09-202655 days late
2025abbreviated format
Gross margin from -€16,299 to -€6,835Loss of €2.5mReappointment: (statutory auditor) 06-03Equity from €2.5m to €26,325Debts from €87,267 to €8,362Cash from €2,010 to €236

Key points

from the 2025 annual accounts

Equity

€26,325 from €5.6m in 2007

Equity fell by 100% in 18 years.

Liquidity

4.15 was 0.41 in 2024

Short-term debts fell from €87,267 to €8,362.

Filings

34 annual accounts 35 filings since 1990
AprilJune31 JulyOctober1990200020102020

The 2025 accounts came 55 days late. The other nine of the last ten were filed on time.

Board

1 joined · 1 left

Board changed. Latest change 24-09-2026 · 2 in office.

Position in the sector

-€2.5m

Lower net result than 95% of companies in non-metallic mineral products. Sector median €35,258 · 419 companies.

Turnover not published (abbreviated format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,843 companies had the same profile as PRODIP has now. Each dot stands for 15 companies, two years later.

84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,843 companies, not a prediction for PRODIP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director,
Managing director,
Auditor,
  • 99.98%equity -€40.2m (2024) · 2024 annual accounts of
  • consolidatesequity -€157.2m (2024) · annual accounts 2025
Board & ownership

Recent changes

New managing director and day-to-day manager appointed, resigned · Permanent representative: · General meeting of 24-09-2026 · Gazette deed
Permanent representatives: and Board meeting of 23-12-2025 · Gazette deed
Reappointment: (statutory auditor) General meeting of 29-06-2024 · Gazette deed
2 directors reappointed Changes of role: (managing director) and (chair of the board and managing director) · Reappointments: (director) and (director) · Permanent representative: · General meeting of 14-12-2023 · Gazette deed
All 55 events

Comparable companies

same main activity, similar in size and age
Company
PRODIP Ypres €34,687 -€6,835 75.9% -
BETONIC ART Mouscron €127,918 €1,868 50.7% -
Etablissements DE RYCK Bastogne €214,889 -€12,303 99.8% -
Prebeton Rotselaar Leuven €29,027 €5,833 32.3% -
BETONBORINGEN WEST Wevelgem €40,473 €9,950 54.6% -
BEVERST BLOKKENBEDRIJF Bilzen-Hoeselt €343,469 -€500 100.0% -
Bouwwerken Meyers Bilzen-Hoeselt €5,288 €10,548 -400.3% -

These companies have the same main activity as PRODIP: manufacture of other non-metallic mineral products (NACE 23610). They are comparable in size and age: total assets between €5,290 and €343,000, founded between 1978 and 2009.

Official details

Source: KBO
Status
Active since 07-07-1989Normal situation
Registered office
88 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
Activity
Manufacture of other non-metallic mineral productsNACE 23610and 2 others
Establishment unit
2.044.475.4338900 Ypres, since 16-08-1989
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€34,687▼ 98.7%
Filing
Filed on 24-09-2026
Financials

Insights on PRODIP

PRODIP files the abbreviated format. That format states no turnover. The gross margin rose from -€14,994 in 2007 to -€6,835 in 2025.

holds all the shares. In October 2026, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PRODIP

What is the company number of PRODIP?
The company number of PRODIP is 0437.961.235. The VAT number is the same number with BE in front: BE 0437.961.235.
Where is PRODIP based?
The registered office is at Zwaanhofweg 10, 8900 Ypres.Company details
What does PRODIP do?
According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23610).
What is the legal form of PRODIP?
PRODIP is a public limited company (NV).
When was PRODIP founded?
PRODIP was founded on 07-07-1989.
Is PRODIP still active?
Yes, PRODIP is an active enterprise in the KBO register.
What is the turnover of PRODIP?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is PRODIP profitable?
In financial year 2025, PRODIP made a loss of €2.5m.
Where can I find the annual accounts of PRODIP?
PRODIP filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PRODIP due?
PRODIP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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