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PROEND

Active
Private limited companyfounded 2021active for 4 yearsVarendreef 47, 8750 Wingene, BelgiumKBO/BCE: BE 0775.939.127
Summary

The computed 12-month bankruptcy probability of PROEND is 1.5% (moderate). The 2025 annual accounts show equity of €189,532 and a net result of €38,858. Its solvency ranks better than 43% of 1,210 sector peers (NACE 42, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220Plumbing work NACE 43221
1 site
Size
€487,368total assets 2025
Equity
€189,532
Profit
€38,858
Turnover not published (micro format)
Financial health
63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Accounts filed 47 days late0 of 3 deeds read
Why 63raises riskLatest accounts 47 days late; 1 of the last 3 lateFounded in 2021Sector: Civil engineering (NACE 42)lowers riskSize: total assets €487,368Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 38% of its sector peers (NACE 42, micro)
Financial strength
Average
Solvency 64
equity 38.9% of total assets
Liquidity 22
short-term debt 61.1% · cash 3.5%
Profitability 79
return on assets 8.0%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,864 companies, NACE 42, micro)
Last 24 months 11-2024: 10.0% 12-2024: 10.0%● unchanged vs 11-2024 01-2025: 10.1%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 10.1%● unchanged vs 01-2025highest value 03-2025: 10.1%● unchanged vs 02-2025highest value 04-2025: 10.1%● unchanged vs 03-2025highest value 05-2025: 10.1%● unchanged vs 04-2025highest value 06-2025: 9.1%▼ -1.0 percentage point vs 05-2025 07-2025: 9.1%● unchanged vs 06-2025 08-2025: 9.1%● unchanged vs 07-2025 09-2025: 9.1%● unchanged vs 08-2025 10-2025: 8.8%▼ -0.3 percentage points vs 09-2025 11-2025: 8.6%▼ -0.2 percentage points vs 10-2025 12-2025: 8.6%● unchanged vs 11-2025 01-2026: 8.6%● unchanged vs 12-2025 02-2026: 8.6%● unchanged vs 01-2026 03-2026: 8.6%● unchanged vs 02-2026 04-2026: 8.7%▲ +0.1 percentage points vs 03-2026 05-2026: 8.7%● unchanged vs 04-2026 06-2026: 8.4%▼ -0.3 percentage points vs 05-2026 07-2026: 8.4%● unchanged vs 06-2026 08-2026: 8.0%▼ -0.4 percentage points vs 07-2026 09-2026: 7.7%▼ -0.3 percentage points vs 08-2026 10-2026: 1.5%▼ -6.2 percentage points vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.4, below the usual 1.5; short-term debt: 61.1% and cash: 3.5% of total assets), and 61.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 42, micro): better than 44% on solvency, 14% on liquidity and 55% on profitability.

The bankruptcy probability was computed on 12-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Latest accounts 47 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €487,368
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Civil engineering (NACE 42)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
47 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…

Key points

  • Positive: Among the best 16% on equitysector median €53,910 · 1,211 companies €189,532 View
  • Total assets 2025first financial year filed €487,368 View
  • Active since 2021founded 19-10-2021 4 years View

By topic

Financials

Financial year
2025
Total assets
€487,368
Profit
€38,858
Solvency
38.9%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220
Founded
19-10-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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