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PROFACE

Active Public limited companyfounded 1983active for 43 yearsGouverneur Roppesingel 129, 3500 HasseltKBO/BCE: BE 0424.129.134

Lifetime

19 annual accounts with figures on one time axis, 42 filings since 1983
peak €214,887 (2025)
€214,88723 months
lowest -€118,681 (2006)
€184,86123 months
peak €518,464 (2025)
€518,464▲ 55.4%
€3.5m▲ 31.8%
Board8 names since 2017
4 directors and 3 others
Owners3 names in the annual accounts
20% and 2 others
Documentsfilings and deeds
29-06-20261 day before the deadline
2025micro format
Financial year from 01-01-2024 to 30-11-2025, 23 monthsPower of attorney: 24-12-2024Equity from €333,603 to €518,464Debts from €2.6m to €3.5mCash from €82,200 to €41,220

Key points

from the 2025 annual accounts

Turnover

≈ €540,000 estimated

The accounts state no turnover.

Debts

€3.5m 87% of the balance sheet
Financial debts 93%Suppliers 1%Other 6%

Of this, €938,000 falls due within a year.

Filings

42 annual accounts since 1983
deadline199520102025

Six of the last ten came late. The 2019 accounts came latest: 48 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,681 companies had the same profile as PROFACE has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 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 4,681 companies, not a prediction for PROFACE. 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,
Managing director
Managing director
Director
  • 20%score equity €3.0m (2025) · 2025 annual accounts of
  • 20%score equity €2.5m (2025) · 2025 annual accounts of
  • 20%score equity €2.0m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered office moved within Hasselt New registered office: Gouverneur Roppesingel 129 bus 0.01, 3500 Hasselt · Previous registered office: Toekomststraat 2, 3500 Hasselt · Permanent representative: · Board meeting of 09-03-2026 · Gazette deed
1 director appointed Changes of role: , , and · Appointment: (director) · Permanent representatives: , and · General meeting of 15-12-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0424129134
4 directors appointed, 1 resignation Resignation: (managing director) · Appointments: (managing director and chair of the board), (managing director), (managing director) and (managing director) · Permanent representatives: , and · General meeting of 07-08-2019 · Gazette deed
All 57 events

Official details

Source: KBO
Status
Active since 30-05-1983Normal situation
Activity
“Het aanleggen,het oordeelkundig uitbouwen en beheren van onroerend vermogen: alle verrichtingen met betrekking tot…” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
Establishment unit
2.102.388.5893500 Hasselt, since 01-06-1983
Financial year end
30 November
Peppol
Reachable since 27-08-2023
Company details

Annual accounts to 30-11-2025

€4.0m
Filing
Filed on 29-06-2026, 1 day before the end of the filing period
Financials

Insights on PROFACE

PROFACE files the micro format. That format states no turnover. The gross margin rose from €162,280 in 2006 to €214,887 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets.

In December 2023, 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 PROFACE

What is the company number of PROFACE?
The company number of PROFACE is 0424.129.134. The VAT number is the same number with BE in front: BE 0424.129.134.
Where is PROFACE based?
The registered office is at Gouverneur Roppesingel 129, 3500 Hasselt.Company details
What is the legal form of PROFACE?
PROFACE is a public limited company (NV).
When was PROFACE founded?
PROFACE was founded on 30-05-1983.
Is PROFACE still active?
Yes, PROFACE is an active enterprise in the KBO register.
What is the turnover of PROFACE?
The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €214,887 and 2,204 comparable companies of the same size. It probably lies between €360,000 and €830,000. It is a rough estimate.Financials
Is PROFACE profitable?
In financial year 2025, PROFACE made a profit of €184,861.
Where can I find the annual accounts of PROFACE?
PROFACE filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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