Equity
-€579,427
Debts exceed assets in financial year 2025.
PRODISH
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €1.0m (2018)
€2,428▼ 37.8%
lowest -€203,428 (2025)
-€203,428▼ €21,334
peak €277,227 (2018)
-€579,427▼ €203,428
€2.6m▲ 3.2%
peak 6 FTE (2008)
1 FTE▼ 9.1%
Board4 names since 2021
4 directorsBAETSLÉ Chantal Cecile Josephine and 3 others
Documentsfilings and deeds
11-08-202611 days late
2025financial year
Gross margin from €3,904 to €2,428Loss of €203,428Staff from 1.1 FTE to 1 FTEEquity from -€375,998 to -€579,427Cash from €4,378 to €5,733
Key points
from the 2025 annual accountsLosses
-€856,654 in seven years
Every financial year from 2019 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€2.6m 118% of the balance sheet
Financial debts 24%Suppliers 2%Taxes and wages 1%Other 73%
Of this, €2.0m falls due within a year.
Staff
1 FTE from 6 in 2008
Between 2008 and 2025, 83% of the full-time equivalents disappeared.
Filings
38 annual accounts since 1988
Five of the last ten came late. The 2020 accounts came latest: 53 days after the end of the period.
Position in the sector
-26.4%
Lower solvency than 95% of companies in wholesale trade. Sector median 45.2% · 6,192 companies.
Checked score
52
Fair
Financially stronger than 8% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%lowest value
01-2025: 1.3%● unchanged vs 12-2024lowest value
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.4 percentage points vs 06-2025
08-2025: 1.7%● unchanged vs 07-2025
09-2025: 1.7%● unchanged vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 2.2%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 1.8%▼ -0.4 percentage points vs 08-2026
10-2026: 1.8%● unchanged vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€579,427
Loss of €203,428, the second in a row (financial year 2025)
lowers risk
Size: 1 FTE, total assets €2.2m
Founded in 1987
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 6% of them on solvency, 3% on liquidity, 15% on profitability and 9% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,796 companies had the same profile as PRODISH has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.0%
stopped another way
2.1%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PRODISH itself: 1.8% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,796 companies, not a prediction for PRODISH. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.19 (0.23 in 2024), below 1. Short-term debt is 89.7% and cash 0.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€579,427
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
11 days late
2024
37 days early
2023
37 days early
2022
52 days early
2021
8 days late
2020
53 days late
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Reappointments: Carl Holvoet (managing director) and Chantal Baetslé (managing director)
General meeting of 12-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0431674843
Registered office moved from Ypres to Lendelede
New registered office: Stationsstraat 80C, 8860 Lendelede · Previous registered office: Rozendaalstraat 57, 8900 Ieper · Reappointments: HOLVOET Carl Geert Johan (director) and BAETSLÉ Chantal Cecile Josephine (director) · General meeting of 15-03-2021 · Gazette deed
First establishment
Stationsstraat 80, Lendelede
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PRODISH Lendelede | €2.2m | €2,428 | -26.4% | 1 |
| VAN GENNIP Lommel | €4.0m | -€83,841 | 16.0% | 2.5 |
| SABMA Welkenraedt | €0.7m | -€46,940 | -83.3% | 0.8 |
| GILTAM Turnhout | €4.1m | -€46,948 | 70.2% | 2.5 |
| ALPHA LOGICA Ixelles | €0.7m | -€655,736 | -2.0% | 1 |
| Tonate Halen | €0.7m | -€33,123 | -12.4% | 0.4 |
| DE GRANDE Zedelgem | €7.0m | -€210,451 | 31.3% | 3.6 |
These companies have the same main activity as PRODISH: wholesale of other household goods (NACE 46499). They are comparable in size and age: total assets between €651,000 and €7m, founded between 1983 and 1997.
Official details
Source: KBO- Status
- Active since 28-07-1987Normal situation
- Registered office
- 16 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Wholesale of other household goodsNACE 46499and 1 other
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.029.777.1618860 Lendelede, since 12-08-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- ≈ €24,000estimated
- €2.2m▼ 5.7%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 11-08-2026
Insights on PRODISH
PRODISH has existed since 1987. The gross margin fell from €1.0m in 2018 to €91,268 in 2019.
The gross margin has fallen every year since 2022. Solvency fell in 2025 from -16.1% to -26.4% because of the loss.
In September 2026, the Official Gazette published the appointment of Carl Holvoet 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 PRODISH
- What is the company number of PRODISH?
- The company number of PRODISH is 0431.674.843. The VAT number is the same number with BE in front: BE 0431.674.843.
- Where is PRODISH based?
- The registered office is at Stationsstraat 80, 8860 Lendelede.Company details
- What does PRODISH do?
- According to the KBO register, the main activity is wholesale of other household goods (NACE 46499).
- What is the legal form of PRODISH?
- PRODISH is a public limited company (NV).
- When was PRODISH founded?
- PRODISH was founded on 28-07-1987.
- Is PRODISH still active?
- Yes, PRODISH is an active enterprise in the KBO register.
- How many employees does PRODISH have?
- PRODISH had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PRODISH fall under?
- In its 2025 annual accounts, PRODISH states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PRODISH?
- The turnover in financial year 2025 is ≈ €24,000. This figure is estimated from the gross margin of €2,428 and 70 comparable companies (NACE 464). It probably lies between €12,000 and €73,000. It is a rough estimate.
- Is PRODISH profitable?
- In financial year 2025, PRODISH made a loss of €203,428.
- Where can I find the annual accounts of PRODISH?
- PRODISH filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PRODISH due?
- PRODISH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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