Active BE 0453.053.346Private limited company (pre-2019)Open bankruptcy

PROFFIX VAKHANDEL

Staatsbaan 11 ·3620 Lanaken, Belgium· 32 yrs active

Sector: Groothandel in ijzerwaren (46841)

Conclusion Checked

A bankruptcy procedure is open for PROFFIX VAKHANDEL according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-204k) and a net result of €-577.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-204k
Net result	€-577
Staff (FTE)	6.5
Better than sector	11%

Snowflake analysis 5 of 5 axes measured · computed by Checked

15 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 1

Solvency 42

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 04-02-2025 with the NBB · fiscal year 2023 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-22.1%	26.3%	better than 11% of 900 sector peers
Net result	€-577	€23k	better than 31% of 899 sector peers
Equity	€-204k	€148k	better than 7% of 901 sector peers
Gross operating margin	€282k	€178k	better than 61% of 898 sector peers
Staff costs	€220k	€155k	higher than 61% of 572 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€56k

- 18-23

Net profit

€-577

+99.6% 18-23

Cash flow

€40k

- 18-23

Total assets

€923k

-8.9% 18-23

Equity

€-204k

-0.3% 18-23

Working capital

€-83k

+9.4% 18-23

Employees (FTE)

7

+4.8% 18-23

Staff costs

€220k

+16.8% 18-23

Income taxes

€234

+2.8% 18-23

Debt

€1.13M

-7.4% 18-23

Debt ≤ 1y

€922k

-5.9% 18-23

Debt > 1y

€171k

-26.9% 18-23

Current ratio

0.91

+0.4% 18-23

Quick ratio

0.22

-31.6% 18-23

Solvency

-22.1%

-10.1% 18-23

Debt / equity

-5.53

+7.7% 18-23

ROE

0.3%

-99.6% 18-23

ROA

-0.1%

+99.5% 18-23

Interest coverage

1.87

- 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	verkort
Revenue	-
EBITDA	€56k
Net profit	€-577
Cash flow	€40k
Staff costs	€220k
Income taxes	€234
Dividends	-
Total assets	€923k
Equity	€-204k
Debt	€1.13M
of which ≤ 1y	€922k
of which > 1y	€171k
Working capital	€-83k
Employees (FTE)	6.5

Ratios (computed)

	2023
Current ratio	0.91
Quick ratio	0.22
Working capital ratio	-9.0%
Solvency	-22.1%
Debt / equity	-5.53
Long-term debt ratio	-0.84
Interest coverage	1.87
Gross margin	-
Net margin	-
ROA	-0.1%
ROE	0.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €84k · 9.1% Current assets €839k · 90.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€923k
Fixed assets	21/28	€84k
Intangible fixed assets	21	€28k
Tangible fixed assets	22/27	€36k
Financial fixed assets	28	€20k
Current assets	29/58	€839k
Stocks & contracts in progress	3	€632k
Amounts receivable within one year	40/41	€142k
Cash & bank	54/58	€63k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€923k
Equity	10/15	€-204k
Contributions / capital	10/11	€33k
Reserves	13	€4k
Accumulated profits (losses)	14	€-240k
Amounts payable	17/49	€1.13M
Amounts payable after one year	17	€171k
Amounts payable within one year	42/48	€922k
Trade debts payable within one year	44	€86k
Income statement
Gross operating margin	9900	€282k
Operating result	9901	€15k
Financial income	75	€15k
Financial charges	65	€30k
Result before taxes	9903	€-343
Income taxes	67/77	€234
Net result for the period	9904	€-577
Result to be appropriated	9905	€-577

You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates3 persons

Role	Name	Tenure	Source
Curator	FELIX RUYSSCHAERT PIEPELPOEL 13, 3700 TONGEREN-BORGLOON ↔ Also on 122 other cases	27-02-2025 → present	Belgian State Gazette
Curator	MARK BERNAERTS PIEPELPOEL 13, 3700 TONGEREN-BORG- LOON	27-02-2025 → present	Belgian State Gazette
Curator	STEFANIE GROSEMANS PIEPELPOEL 13, 3700 TONGEREN-BORGLOON-	27-02-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Groothandel in ijzerwaren(46841)
Legal form	Private limited company (pre-2019)(015)
Incorporation	21-06-1994
Status	Active
Postal code	3620
First BS signal	05-03-2025
Latest BS signal	05-03-2025

Establishment units 1 location

Proffix

Staatsbaan 11, 3620 Lanakende montage van hangars, loodsen, schuren, silo's enz. voor landbouwdoeleinden

since 19942.067.569.945

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73057A0318/00T000	Flanders	2,506 m²	1 · 1,573 m²	9.4 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

05-03-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · PROFFIX VAKHANDEL BV STAATSBAAN 11, 3620 LANAKEN · event 27-02-2025

04-02-2025