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PROFCLEAN EUROPE

Active
Public limited companyfounded 199531 yrs activeIndustrieterrein 1320, 3680 Maaseik, BelgiumKBO/BCE: BE 0454.737.384

PROFCLEAN EUROPE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €200k and a net result of €17k. Equity is growing by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 55% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-10
Solvency73▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.3 in 2023; short-term debt: 51.6% and cash: 3.4% of total assets), and 51.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 31 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
22 d early
2023
42 d early
2022
13 d early
2021
34 d early
2020
15 d early
2019
4 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, abbreviated schema

Equity
€200k▲ 9.1%
2023 · €183k
2018: €61k 2019: €53k 2020: €152k 2021: €230k 2022: €275k 2023: €183k
2018 → 2024
Total assets
€413k▼ 19.7%
2023 · €515k
2018: €405k 2019: €417k 2020: €255k 2021: €394k 2022: €496k 2023: €515k
2018 → 2024
Net result
€17k▼ 73.0%
2023 · €62k
2018: €-893 2019: €-8k 2020: €99k 2021: €78k 2022: €64k 2023: €62k
2018 → 2024
Working capital
€93k▼ 6.8%
2023 · €100k
2018: €-58k 2019: €-81k 2020: €72k 2021: €173k 2022: €222k 2023: €100k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€152k-€230k▲ 51.4%€275k▲ 19.2%€183k▼ 33.2%€200k▲ 9.1%
Operating result€156k-€109k▼ 30.0%€69k▼ 36.5%€79k▲ 14.5%€34k▼ 57.6%
Net result€99k-€78k▼ 21.3%€64k▼ 18.8%€62k▼ 2.4%€17k▼ 73.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €156k€156kNet result 2020: €99k€99kOperating result 2021: €109k€109kNet result 2021: €78k€78kOperating result 2022: €69k€69kNet result 2022: €64k€64kOperating result 2023: €79k€79kNet result 2023: €62k€62kOperating result 2024: €34k€34kNet result 2024: €17k€17k20202021202220232024
The operating result falls in 2024; 2024 is 58% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €413k
Fixed assets €107k▲ 28.3%
Current assets €306k▼ 29.0%
Equity and liabilities €413k
Equity €200k▲ 9.1%
Debt €213k▼ 35.7%
The debt ratio falls from 64.4% to 51.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€66k
2023 · €109k
Cash flow
€49k
2023 · €92k
Solvency
48.4%
2023 · 35.6%
Current ratio
1.44
2023 · 1.30
Quick ratio
1.44
2023 · 1.30
Debt / equity
1.06
2023 · 1.81
ROE
8.4%
2023 · 33.8%
ROA
4.1%
2023 · 12.1%
Interest coverage
22.10
2023 · 27.56
Debt
€213k
2023 · €331k
Debt ≤ 1 year
€213k
2023 · €331k
Income taxes
€18k
2023 · €31k
Staff costs
€585k
2023 · €539k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€515k€413k
Fixed assets21/28€83k€107k
Tangible fixed assets22/27€83k€107k
Furniture and vehicles24€83k€107k
Current assets29/58€431k€306k
Amounts receivable within one year40/41€406k€292k
Trade receivables40€199k€247k
Other amounts receivable41€208k€46k
Cash at bank and in hand54/58€25k€14k
Equity and liabilities
Total equity and liabilities10/49€515k€413k
Equity10/15€183k€200k
Contributions10/11€70k€70k=
Capital10€70k€70k=
Issued capital100€70k€70k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Profit (loss) carried forward14€106k€123k
Amounts payable17/49€331k€213k
Amounts payable within one year42/48€331k€213k
Trade debts44€6k€26k
Suppliers440/4€6k€26k
Advances received on contracts in progress46€0€156
Taxes, remuneration and social security45€81k€86k
Taxes450/3€20k€29k
Remuneration and social security454/9€61k€57k
Other amounts payable47/48€244k€101k
Income statement Code20232024
Remuneration, social security and pensions62€539k€585k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€32k
Other operating charges640/8€13k€12k
Non-recurring operating charges66A-€3k
Gross operating margin9900€662k€666k
Operating profit (loss)9901€79k€34k
Financial income75/76B€18k€4k
Recurring financial income75€18k€4k
Financial charges65/66B€4k€3k
Recurring financial charges65€4k€3k
Profit (loss) for the period before taxes9903€93k€35k
Income taxes67/77€31k€18k
Profit (loss) for the period9904€62k€17k
Profit (loss) for the period to be appropriated9905€62k€17k
Appropriation of the result
Profit (loss) to be appropriated9906€260k€123k
Profit (loss) brought forward from the previous period14P€198k€106k
Profit to be distributed694/7€153k€0
Return on contributions (dividend)694€153k€0
Directors or managers695€0-
Social balance
Average headcount (FTE)90877.77.7=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
09-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €200kEq €200k ▲9.1%
5 profitable years in a row build equity to €200k.
19-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €200kEq €230k ▲51.4%
2 profitable years in a row build equity to €230k.
16-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €99k
Net result €99k after 2 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 1.79
Current ratio from 0.78 to 1.79; short-term debt falls from €364k to €91k.
31-12
Financial Equity above €150kEq €152k ▲188%
Equity rises from €53k to €152k.
27-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Maaseik · 1 establishment unit since 1997
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Industrieterrein 13203680 Maaseik
1 establishment unit
PROFCLEAN EUROPE
Industrieterrein 1320, 3680 MaaseikAgents specialised in the wholesale of other particular products
since 19972.070.798.362

Similar companies · same sector, comparable size

Of 2,129 companies in sector 46711 we hold annual accounts for 1,124. 748 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded17-03-1995
Fiscal year end31-12
Activities, NACEBEL
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46851Wholesale of industrial chemicals
50101
51550
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filings

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.