PROFENCE
The computed 12-month bankruptcy probability of PROFENCE is 1.0% (low). The 2024 annual accounts show equity of €1.10M and a net result of €103k. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 77% of 982 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.10M |
| Net result | €103k |
| Better than sector | 77% |
| Active | 9 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 59.5% | 35.5% | |
| Net result | €103k | €30k | |
| Equity | €1.10M | €118k | |
| Gross operating margin | €197k | €172k | |
| Total assets | €1.84M | €517k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €192k |
| Net profit | €103k |
| Cash flow | €138k |
| Staff costs | - |
| Income taxes | €48k |
| Dividends | - |
| Total assets | €1.84M |
| Equity | €1.10M |
| Debt | €747k |
| of which ≤ 1y | €241k |
| of which > 1y | €504k |
| Working capital | €1.04M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 5.32 |
| Quick ratio | 3.20 |
| Working capital ratio | 56.5% |
| Solvency | 59.5% |
| Debt / equity | 0.68 |
| Long-term debt ratio | 0.46 |
| Interest coverage | 14.30 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.6% |
| ROE | 9.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.84M |
| Fixed assets | 21/28 | €562k |
| Tangible fixed assets | 22/27 | €562k |
| Current assets | 29/58 | €1.28M |
| Stocks & contracts in progress | 3 | €512k |
| Amounts receivable within one year | 40/41 | €381k |
| Cash & bank | 54/58 | €172k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.84M |
| Equity | 10/15 | €1.10M |
| Contributions / capital | 10/11 | €12k |
| Reserves | 13 | €1.06M |
| Accumulated profits (losses) | 14 | €27k |
| Amounts payable | 17/49 | €747k |
| Amounts payable after one year | 17 | €504k |
| Amounts payable within one year | 42/48 | €241k |
| Trade debts payable within one year | 44 | €56k |
| Income statement | ||
| Gross operating margin | 9900 | €197k |
| Operating result | 9901 | €157k |
| Financial income | 75 | €7k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €151k |
| Income taxes | 67/77 | €48k |
| Net result for the period | 9904 | €103k |
| Result to be appropriated | 9905 | €103k |
| NACE primary | Joinery(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 24-02-2017 |
| Status | Active |
| Postal code | 9190 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46322D1314/00Z000 | Flanders | 1,361 m² | 1 · 108 m² | 8.3 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-12-2023 Discharge granted to the board
Technical details
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"evidence_quote": "De algemene vergadering besluit de huidige zaakvoerder(s), hierna vermeld, ontslag te geven uit hun functie, verleent volledige en algehele kwijting aan de ontslagnemende bestuurder(s) voor de uitoefening van hun/haar mandaat en gaat onmiddellijk over tot hun/haar herbenoeming als niet-statutair bes",
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"notary": {
"name": "Maarten DE CLERCQ",
"firm_city": null,
"firm_name": "Akta, Notarisvennootschap",
"office_city": "Stekene",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-07",
"filing_date": "2023-12-05",
"act_kind_objet": "Onderwerp akte:"
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"decisions": [
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],
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"subject_company": {
"kbo": "0671.820.416",
"name_full": "PROFENCE",
"legal_form": "BV"
},
"publication_proxy": {
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"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PROFENCE |