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PROFACE

Active
Public limited companyfounded 198343 yrs activeGouverneur Roppesingel 129, 3500 Hasselt, BelgiumKBO/BCE: BE 0424.129.134
Summary

PROFACE has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €518,464 and a net result of €184,861. Equity is growing by ~7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2023
Profitability49▲+8
Solvency38▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.04 against 5.71 in 2023; short-term debt: 23.6% and cash: 1% of total assets), and 86.9% 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

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 43 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
13.1%
Return on assets
4.7%
Age of the figures
10 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 29-06-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2023
30 d late
2022
29 d late
2021
31 d late
2020
51 d early
2019
48 d late
2018
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 16 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 May 1983, PROFACE was incorporated.1 In 2026 the registered office moved to Hasselt.2 Total assets went from EUR 267,546 in 2018 to EUR 4 million in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 27-07-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€518,464▲ 55.4%
2023 · €333,603
Total assets
€4.0m▲ 34.4%
2023 · €3.0m
Net result
€184,861▲ 373%
2023 · €39,123
Working capital
-€896,235
2023 · €109,848
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232025
Operating result€2,350▼ 95.1%-€8,214€49,168€43,536▼ 11.5%€213,339-
Net result€43▼ 99.9%-€10,463€32,352€39,123▲ 20.9%€184,861-
Equity€272,591=€262,128▼ 3.8%€294,480▲ 12.3%€333,603▲ 13.3%€518,464-
Total assets€287,536▼ 1.9%€600,897▲ 109%€634,281▲ 5.6%€3.0m▲ 366%€4.0m-
Debt€14,946▼ 27.2%€338,769▲ 2,167%€339,801▲ 0.3%€2.6m▲ 671%€3.5m-
Working capital€143,852▲ 16.1%€79,640▼ 44.6%€142,346▲ 78.7%€109,848▼ 22.8%-€896,235-
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: €2,350€2,350Net result 2020: €43€43Operating result 2021: -€8,214-€8,214Net result 2021: -€10,463-€10,463Operating result 2022: €49,168€49,168Net result 2022: €32,352€32,352Operating result 2023: €43,536€43,536Net result 2023: €39,123€39,123Operating result 2025: €213,339€213,339Net result 2025: €184,861€184,86120202021202220232025€0€100,000€200,000Operating result 2022: €49,168€49,200Net result 2022: €32,352€32,400Operating result 2023: €43,536€43,500Net result 2023: €39,123€39,100Operating result 2025: €213,339€213,000Net result 2025: €184,861€185,000202220232025
The operating result is €213,339 in 2025, compared with €43,536 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €4.0m
Fixed assets €3.9m ▲ 39.3%
Current assets €41,764 ▼ 68.6%
Equity and liabilities €4.0m
Equity €518,464 ▲ 55.4%
Debt €3.5m ▲ 31.8%
Debt's share of the balance-sheet total falls from 88.7% to 86.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2023
Current ratio
0.04▼
2023 · 5.71
Debt to equity
6.66▼
2023 · 7.86
ROE
35.7%▲
2023 · 11.7%
ROA
4.7%▲
2023 · 1.3%
Debt ≤ 1 year
€938,000▲
2023 · €23,333
Debt > 1 year
€2.5m▼
2023 · €2.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,678 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
0.9% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 4,678 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
Filed annual accounts As filed with the NBB · 2025 against 2023 · 44 lines
Balance sheet Code20232025
Assets
Total assets20/58€3.0m€4.0m▲
Fixed assets21/28€2.8m€3.9m▲
Tangible fixed assets22/27€2.8m€3.9m▲
Land and buildings22€827,458€968,296▲
Assets under construction and advance payments27€2.0m€3.0m▲
Current assets29/58€133,181€41,764▼
Amounts receivable within one year40/41€23,697-
Other amounts receivable41€23,697-
Cash at bank and in hand54/58€82,200€41,220▼
Deferred charges and accrued income490/1€27,284€544▼
Equity and liabilities
Total equity and liabilities10/49€3.0m€4.0m▲
Equity10/15€333,603€518,464▲
Contributions10/11€64,786€64,786=
Capital10€64,786€64,786=
Issued capital100€64,786€64,786=
Reserves13€268,817€453,678▲
Non-distributable reserves130/1€20,289€20,289=
Legal reserve130€20,289€20,289=
Tax-exempt reserves132€262€262=
Distributable reserves133€248,266€433,127▲
Amounts payable17/49€2.6m€3.5m▲
Amounts payable after more than one year17€2.6m€2.5m▼
Financial debts170/4€2.6m€2.5m▼
Amounts payable within one year42/48€23,333€938,000▲
Current portion of amounts payable after more than one year42€21,197€108,508▲
Financial debts43-€705,000
Credit institutions430/8-€705,000
Trade debts44€1,865€26,736▲
Suppliers440/4€1,865€26,736▲
Other amounts payable47/48€271€97,756▲
Income statement Code20232025
Non-recurring operating income76A-€112,456
Other operating charges640/8€2,405€1,548▼
Gross operating margin9900€45,941€214,887▲
Operating profit (loss)9901€43,536€213,339▲
Financial income75/76B€550-
Recurring financial income75€550-
Financial charges65/66B€4,963€28,478▲
Recurring financial charges65€4,963€28,478▲
Profit (loss) for the period before taxes9903€39,123€184,861▲
Profit (loss) for the period9904€39,123€184,861▲
Profit (loss) for the period to be appropriated9905€39,123€184,861▲
Appropriation of the result
Profit (loss) to be appropriated9906€39,123€184,861▲
Transfer to equity691/2€39,123€184,861▲
To other reserves6921€39,123€184,861▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232025Change
Non-recurring operating income76A----€112,456-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,302€19,981€12,844---
Other operating charges640/8-€7,389€10,175€2,405€1,548-
Gross operating margin9900€30,699€19,156€72,186€45,941€214,887-
Operating profit (loss)9901€2,350-€8,214€49,168€43,536€213,339-
Financial income75/76B---€550--
Recurring financial income75€91--€550--
Financial charges65/66B-€2,324€5,039€4,963€28,478-
Recurring financial charges65€581€2,324€5,039€4,963€28,478-
Profit (loss) for the period before taxes9903€1,860-€10,538€44,129€39,123€184,861-
Income taxes67/77€1,817-€75€11,777---
Profit (loss) for the period9904€43-€10,463€32,352€39,123€184,861-
Profit (loss) for the period to be appropriated9905€43-€10,463€32,352€39,123€184,861-
Line20202021202220232025Change
Assets
Total assets20/58€287,536€600,897€634,281€3.0m€4.0m-
Fixed assets21/28€130,478€497,109€457,198€2.8m€3.9m-
Tangible fixed assets22/27€130,208€496,839€457,198€2.8m€3.9m-
Land and buildings22-€470,042€457,198€827,458€968,296-
Plant, machinery and equipment23-€22,256----
Furniture and vehicles24-€4,541----
Assets under construction and advance payments27---€2.0m€3.0m-
Financial fixed assets28€270€270----
Current assets29/58€157,059€103,788€177,082€133,181€41,764-
Amounts receivable within one year40/41-€5,196€100,068€23,697--
Trade receivables40-€4,790€71,156---
Other amounts receivable41-€406€28,912€23,697--
Cash at bank and in hand54/58€149,015€98,592€76,590€82,200€41,220-
Deferred charges and accrued income490/1--€424€27,284€544-
Equity and liabilities
Total equity and liabilities10/49€287,536€600,897€634,281€3.0m€4.0m-
Equity10/15€272,591€262,128€294,480€333,603€518,464-
Contributions10/11€64,786€64,786€64,786€64,786€64,786-
Capital10-€64,786€64,786€64,786€64,786-
Issued capital100-€64,786€64,786€64,786€64,786-
Reserves13€207,805€197,342€229,694€268,817€453,678-
Non-distributable reserves130/1-€20,289€20,289€20,289€20,289-
Legal reserve130-€20,289€20,289€20,289€20,289-
Tax-exempt reserves132-€262€262€262€262-
Distributable reserves133-€176,791€209,143€248,266€433,127-
Amounts payable17/49€14,946€338,769€339,801€2.6m€3.5m-
Amounts payable after more than one year17-€312,564€291,648€2.6m€2.5m-
Financial debts170/4-€312,564€291,648€2.6m€2.5m-
Amounts payable within one year42/48€13,206€24,148€34,736€23,333€938,000-
Current portion of amounts payable after more than one year42-€20,628€20,916€21,197€108,508-
Financial debts43----€705,000-
Credit institutions430/8----€705,000-
Trade debts44€1,653€2,504€1,665€1,865€26,736-
Suppliers440/4-€2,504€1,665€1,865€26,736-
Taxes, remuneration and social security45-€44€11,884---
Taxes450/3-€44€11,884---
Other amounts payable47/48-€972€271€271€97,756-
Accrued charges and deferred income492/3-€2,057€13,417---
Line20202021202220232025Change
Profit (loss) for the period9904€43-€10,463€32,352€39,123€184,861-
+ Depreciation and write-downs630€22,302€19,981€12,844---
Operating cash flow (approximation)€22,345€9,518€45,196€39,123€184,861-
Investment in fixed assets (approximation)--€386,613€27,067-€2.4m--
Change in cash--€50,423-€22,002€5,610--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
27-07
State Gazette act Permanent representative: ORYE Johan
Registered-office move3 facts ▸
  • Registered-office move, Gouverneur Roppesingel 129 bus 0.01, 3500 Hasselt
  • Board meeting, 09-03-2026
  • Permanent representative, ORYE Johan (permanent representative)
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-11
Financial Highest result since 2018net €184,861 ▲373%
Operating result €213,339, net result €184,861, both a record.
30-11
Financial Equity above €500,000Eq €518,464 ▲55.4%
3 profitable years in a row build equity to €518,464.
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 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 €32,352
Net result €32,352 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet -€10,463
Net result drops to -€10,463, the lowest in the series; recovery starts the following year.
10-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
17-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
Show earlier events
2018
09-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
09-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 12 acts read
About the unread acts

Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not 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
12 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
2,173 m²
Building footprint
612 m²
Parcel 71328D3279/00A000, Flanders. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Proface
Gouverneur Roppesingel 129, 3500 HasseltArchitectural and engineering activities; technical testing and analysis
since 19832.102.388.589
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D3279/00A000 Flanders 2,173 m² 1 · 612 m² -
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.

Articles of association

Who signs
“"De raad van bestuur vertegenwoordigt als college de vennootschap in en buiten rechte en handelt door de meerderheid van zijn leden. Onverminderd de algemene vertegenwoordigingsbevoegdheid van de raad van bestuur als college zijn: 1. Alle akten die de vennootschap verbinden, in en buiten rechte…”
Full text

"De raad van bestuur vertegenwoordigt als college de vennootschap in en buiten rechte en handelt door de meerderheid van zijn leden. Onverminderd de algemene vertegenwoordigingsbevoegdheid van de raad van bestuur als college zijn: 1. Alle akten die de vennootschap verbinden, in en buiten rechte, geldig wanneer zij ondertekend worden door een gedelegeerd bestuurder of door twee bestuurders die gezamenlijk optreden. 2. Binnen de grenzen van het dagelijks bestuur wordt de vennootschap ook in en buiten rechte geldig vertegenwoordigd door de gedelegeerde of gedelegeerden voor dit bestuur die alleen handelen. 3. Hij/zij moet(en) tegenover derden geen bewijs leveren van zijn/haar/hun machten. 4. De raad van bestuur mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze bijzondere volmachtdragers binnen de grenzen van hun volmacht." (Getekend) BV "Dokter Johan Orye", vast vertegenwoordigd door de heer ORYE Johan, Gedelegeerd bestuurder Op de laatste blz /an Luik 8 vermelden Voorkant Naam en hoedanigheid van de instrumenterende notans hetzij van de perso(ojn(en bevoegd de rechispersoon len aanzien van derden te vertegenwoordigen Achterkant. Naam en handtekening (dil geldt niet voor akten van het type 'Mededelingen ).

Structure & network

Owners and holdings

3 owners

Owners 3

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Identification & contact

Identification
Legal formPublic limited company
Founded30-05-1983
Fiscal year end30-11
E-invoicing
Reachable via Peppol
Peppol ID 0208:0424129134
Also 9925:BE0424129134
Registered 27-08-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.