PROFIDES

Active Cooperative companyfounded 2005active for 20 yearsRue Wattimez-Haut 48, 6210 Les Bons VillersKBO/BCE: BE 0878.153.173

PROFIDES

Follow Report Compare

Overview

Lifetime

18 annual accounts with figures on one time axis

Compare with

Gross marginpeak €135,452 (2012)

-€25,283▼ €31,351

Resultlowest -€223,798 (2018)

-€57,949▼ €33,662

Equitypeak €168,560 (2012)

-€286,827▼ €56,949

Debts

€362,842▲ 5.6%

Staffpeak 1 FTE (2016)

-not published

Board2 names since 2008

2 directorsQUINTEN GAETAN and 1 other

Owners

Documentsfilings and deeds

01-11-202493 days late

2023micro format

Gross margin from €6,069 to -€25,283Loss of €57,949Equity from -€229,878 to -€286,827

Key points

from the 2023 annual accounts

Equity

-€286,827

Debts exceed assets in financial year 2023.

Losses

-€83,677 in three years

Every financial year from 2021 to 2023 closed with a loss. 2023 was the heaviest.

Debts

€362,842 477% of the balance sheet

Suppliers 12%Taxes and wages 1%Other 87%

Of this, €294,144 falls due within a year.

Payment terms

100 days to suppliers

Suppliers

20 to 100

Customers

242 to 82

PROFIDES pays its suppliers 80 days later than in 2022. Customers pay 160 days earlier.

Liquidity

0.24 was 0.65 in 2022

Short-term debts rose from €158,385 to €294,144.

Filings

18 annual accounts 463 days past the deadline

2024 accounts not filed: deadline was 31-07-2025.

2023 figures too old to score

Bankruptcy probability

No current score

Figures too old

The latest figures are for FY 2023. They are too old for a current score.

Bankruptcy probability: Elevated

Filing: At least two annual filings are missing

Bankruptcy probability within 12 months 6.4% Elevated

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 3,824 companies (NACE 85, micro).

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.2% 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 2.0%▼ -0.2 percentage points vs 05-2025 07-2025: 2.0%● unchanged vs 06-2025 08-2025: 2.1%▲ +0.1 percentage points vs 07-2025 09-2025: 2.0%▼ -0.1 percentage points vs 08-2025 10-2025: 1.8%▼ -0.2 percentage points vs 09-2025lowest value 11-2025: 1.9%▲ +0.1 percentage points vs 10-2025 12-2025: 2.5%▲ +0.6 percentage points vs 11-2025 01-2026: 4.6%▲ +2.1 percentage points vs 12-2025 02-2026: 4.6%● unchanged vs 01-2026 03-2026: 4.6%● unchanged vs 02-2026 04-2026: 4.2%▼ -0.4 percentage points vs 03-2026 05-2026: 4.2%● unchanged vs 04-2026 06-2026: 4.2%● unchanged vs 05-2026 07-2026: 4.2%● unchanged vs 06-2026 08-2026: 5.7%▲ +1.5 percentage points vs 07-2026 09-2026: 5.7%● unchanged vs 08-2026 10-2026: 5.7%● unchanged vs 09-2026 11-2026: 6.4%▲ +0.7 percentage points vs 10-2026highest value

Financial strength, FY 2023

Weak

Solvency

0=equity -377.3% of total assets

Liquidity

34+11short-term debt 387.0% · cash 26.9%

Profitability

0=return on assets -76.2%

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.

lowers riskraises risk

2 financial years not filed after the legal deadline; last filed accounts filed 93 days late; 3 of the last 3 accounts late

NBB · filings

Figures for financial year 2023 (filed on 01-11-2024)

NBB · annual accounts

Sector: Education (NACE 85)

KBO

Loss of €57,949, the second in a row (financial year 2023)

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline06-11-2026 today

2023 accounts filed 93 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-11-2024, 93 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

93 days late

2022

117 days late

2021

151 days late

2020

152 days late

2019

152 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 133 days after the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

QUINTEN GAETAN

Director, since 13-05-2008

JASINSKI OLIVIER

Director, since 18-06-2008

Board & ownership

Recent changes

30-11-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0878153173

18-01-2024

Capital conversion · Purpose change · Amendment of the articles · Legal-form change “De satisfaire aux besoins de ses actionnaires et de toute personne en lien avec l'aéronautique,sur les plans…” (deed in French) · General meeting of 27-12-2023 · Gazette deed

15-01-2024

2 establishments registered Nivelles and Ecaussinnes

05-01-2006

First establishment Rue Wattimez-Haut 48, Les Bons Villers

All 28 events

Comparable companies

same main activity, similar in size and age

Company	Total assets	Gross margin	Solvency	Staff
PROFIDES Les Bons Villers	€76,015	-€25,283	-377.3%	-
Nemes Company Bruges	€86,535	-€16,542	-52.6%	-
J. THONON EXPERIENCE Waterloo	€62,899	-€1,839	67.2%	-
AIR-INVEST Lummen	€41,054	€584	63.3%	-
MARDES EVENEMENTS Libin	€149,977	-€3,068	41.0%	-
SE GROUP Wavre	€141,907	-€17,810	-24.5%	-
RIDING THE WIND Soignies	€80,536	-€2,162	-32.4%	-

These companies have the same main activity as PROFIDES: education (NACE 85532). They are comparable in size and age: total assets between €41,100 and €150,000, founded between 2002 and 2016.

Official details

Source: KBO

Status: Active since 23-12-2005Normal situation
Activity: EducationNACE 85532and 2 others
Establishment units: 2.150.828.4116210 Les Bons Villers, since 05-01-2006
: 2.361.143.1181400 Nivelles, since 15-01-2024and 1 other
Financial year end: 31 December
Peppol: Reachable since 30-11-2025

Company details

Annual accounts 2023

Turnover: €130,427▲ 9.2%
Loss: €57,949▲ 139%
Equity: -€286,827▼ 24.8%
Total assets: €76,015▼ 33.1%
Employeeson 31-12-2023: 1=
Filing: Filed on 01-11-2024

Financials

Insights on PROFIDES

PROFIDES files the micro format. That format states no turnover. The gross margin fell from €16,246 in 2006 to -€25,283 in 2023.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2023

micro format, filed on 01-11-2024, 93 days late

2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 6 November 2026.

Turnover

€130,427

▲ 9.2%

Operating result

-€55,342

▼ €33,276

EBITDA

-€49,636

▼ €33,486

Cash flow

-€52,243

▼ €33,872

Solvency

-377.3%

▼ 175.1 percentage points

Current ratio

0.24

▼ 0.41

Money flows

of every €100 of turnover, €44.43 was lost in 2023

Balance sheet

balance sheet total €76,015 on 31-12-2023

What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency-377.3%

Lower than 95% of 2,267 companies in 2023.

Current ratio0.24

Higher than 8% of 2,141 companies in 2023.

Return on assets-76.2%

Lower than 95% of 2,170 companies in 2023.

PROFIDES Middle half of the sector 80% of the sector Micro accounts in education (NACE 85)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Staff

Staff cost per FTE€23,501

Staff costs divided by the average number of full-time equivalents.

Joined and left-1

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	76,015	113,673	122,240	145,286	133,307	198,996	259,194	381,701	526,073	518,244	408,406	397,192	312,610	325,527	271,896	82,386	24,354	34,964
Fixed assets`21/28`	5,736	10,554	15,831	10,640	13,393	14,299	19,289	28,199	20,402	11,641	34,050	43,591	36,037	61,575	48,272	955	10,746	15,053
Tangible fixed assets`22/27`	5,106	9,924	15,201	10,010	12,763	13,669	18,659	27,649	19,852	11,341	33,750	43,331	35,777	61,355	48,172	855	10,646	14,953
Plant, machinery and equipment`23`	385	770	1,155	1,540	1,924	2,309	2,694	3,079	3,464	-	-	54	108	162	216	-	-	-
Furniture and vehicles`24`	4,721	9,154	14,046	8,471	10,839	11,359	15,965	24,570	16,388	11,341	33,750	43,277	35,669	61,193	47,956	855	10,646	14,953
Financial fixed assets`28`	630	630	630	630	630	630	630	550	550	300	300	260	260	220	100	100	100	100
Current assets`29/58`	70,279	103,119	106,409	134,646	119,914	184,698	239,905	353,502	505,671	506,603	374,356	353,601	276,573	263,952	223,624	81,431	13,608	19,911
Amounts receivable within one year`40/41`	49,290	81,618	67,642	75,629	56,480	96,693	79,976	96,373	210,803	193,403	232,929	212,817	124,574	79,933	84,555	38,005	13,443	19,787
Trade receivables`40`	29,370	79,321	64,545	71,813	25,226	38,806	37,581	75,201	106,233	174,275	121,937	119,056	75,772	58,766	62,763	30,762	4,611	6,898
Other amounts receivable`41`	19,920	2,297	3,097	3,816	31,254	57,886	42,396	21,172	104,571	19,127	110,992	93,761	48,802	21,167	21,792	7,243	8,832	12,889
Cash at bank and in hand`54/58`	20,429	20,941	38,208	59,016	63,434	88,005	159,928	257,129	294,867	311,763	139,990	140,784	151,998	165,598	139,069	43,426	-	124
Deferred charges and accrued income`490/1`	560	560	560	-	-	-	-	-	-	1,437	1,437	-	-	18,421	-	-	165	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	76,015	113,673	122,240	145,286	133,307	198,996	259,194	381,701	526,073	518,244	408,406	397,192	312,610	325,527	271,896	82,386	24,354	34,964
Equity`10/15`	-286,827	-229,878	-205,591	-199,150	-256,592	-165,125	1,773	112,712	146,428	130,050	127,372	168,560	115,176	133,198	149,761	34,350	13,429	19,322
Contributions`10/11`	405,400	404,400	404,400	409,400	409,650	422,650	365,750	336,750	358,150	339,300	315,050	359,540	367,040	273,390	186,890	41,150	12,400	12,400
Capital`10`	405,400	404,400	404,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	420,600	419,600	419,600	424,600	425,600	438,600	381,700	352,700	381,600	354,550	328,800	373,550	381,050	287,400	200,900	48,400	18,600	18,600
Uncalled capital`101`	15,200	15,200	15,200	15,200	15,950	15,950	15,950	15,950	23,450	15,250	13,750	14,010	14,010	14,010	14,010	7,250	6,200	6,200
Reserves`13`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	-	1,860	1,860	1,860
Tax-exempt reserves`132`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860	-	-	-
Profit (loss) carried forward`14`	-694,087	-636,138	-611,851	-610,410	-668,102	-589,635	-365,837	-225,898	-213,582	-211,110	-189,539	-192,840	-253,724	-142,052	-38,989	-8,660	-831	5,062
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	8,523	-	-	-	-	-	-	-	-	-	-
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	8,523	-	-	-	-	-	-	-	-	-	-
Pensions and similar obligations`160`	-	-	-	-	-	-	-	8,523	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	362,842	343,551	327,832	344,436	389,899	364,121	257,421	260,466	379,645	388,194	281,035	228,632	197,434	192,330	122,135	48,036	10,925	15,642
Amounts payable after more than one year`17`	68,659	185,127	185,127	185,127	250,292	-	-	-	-	7,198	14,827	32,498	27,871	45,306	36,495	-	4,980	8,504
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	7,198	14,827	32,498	27,871	45,306	36,495	-	4,980	8,504
Other amounts payable`178/9`	68,659	185,127	185,127	185,127	250,292	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	294,144	158,385	142,705	159,310	139,608	364,121	257,421	260,466	379,645	380,996	266,208	196,134	169,563	147,024	85,639	48,036	5,945	7,138
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	7,629	7,402	24,009	12,211	17,446	12,401	-	3,524	3,079
Financial debts`43`	-	-	0	153	153	884	-	-	-	14	-	11	-	-	-	33	1,368	1,459
Credit institutions`430/8`	-	-	0	153	153	884	-	-	-	14	-	11	-	-	-	33	1,368	1,459
Trade debts`44`	42,484	6,205	10,514	23,116	50,972	63,867	26,292	76,757	112,574	109,775	59,511	21,996	28,275	55,323	7,706	24,385	654	2,299
Suppliers`440/4`	42,484	6,205	10,514	23,116	50,972	63,867	26,292	76,757	112,574	109,775	59,511	21,996	28,275	55,323	7,706	24,385	654	2,299
Taxes, remuneration and social security`45`	3,315	11,537	4,079	12,180	14,617	12,463	36,340	37,268	113,733	97,283	58,345	52,953	27,537	850	10,392	9,179	399	301
Taxes`450/3`	3,315	7,796	2,792	7,673	8,498	3,297	34,201	33,612	113,733	97,283	58,345	52,953	27,537	-	10,392	9,179	399	301
Remuneration and social security`454/9`	0	3,742	1,287	4,507	6,119	9,166	2,139	3,656	-	-	-	-	-	850	-	-	-	-
Other amounts payable`47/48`	248,345	140,643	128,112	123,861	73,866	286,908	194,789	146,441	153,339	166,295	140,949	97,164	101,540	73,405	55,141	14,439	-	-
Accrued charges and deferred income`492/3`	39	39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income statement
Turnover`70`	130,427	119,476	173,999	251,454	158,531	134,200	315,440	-	-	-	-	-	-	-	306,240	-	-	-
Non-recurring operating income`76A`	-	0	0	2,500	3,909	-	8,523	-	-	-	-	-	4,065	-	-	-	-	-
Gross operating margin`9900`	-25,283	6,069	19,660	90,727	-10,472	-155,685	-66,862	57,092	28,057	12,758	67,321	135,452	-8,747	-14,133	63,314	9,033	1,325	16,246
Goods, raw materials, services and sundry goods`60/61`	155,710	113,407	154,339	163,228	169,003	305,241	390,826	-	-	-	-	-	-	-	300,044	-	-	-
Remuneration, social security and pensions`62`	23,501	20,877	12,699	19,275	47,365	49,934	36,303	32,089	-	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	5,706	5,916	5,081	7,586	7,406	7,641	14,006	12,870	11,212	8,026	17,475	33,274	34,014	31,452	12,521	428	4,307	5,384
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	-	-	10,980	-	-	-	-	-	-	-
Other operating charges`640/8`	853	1,341	1,153	4,591	10,425	8,518	18,807	11,006	14,058	22,604	30,746	38,419	67,347	53,773	81,151	15,028	890	1,213
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	88	-	-	-
Operating profit (loss)`9901`	-55,342	-22,066	727	59,275	-75,668	-221,779	-135,978	1,126	2,787	-17,871	8,120	63,758	-110,109	-99,358	-30,357	-6,423	-3,872	9,649
Financial income`75/76B`	451	0	960	172	584	2,335	102	168	353	2,064	2,771	931	454	1,019	1,859	7	7	-
Recurring financial income`75`	451	0	960	172	584	2,335	102	168	353	2,064	2,771	931	454	1,019	1,859	7	7	-
Financial charges`65/66B`	2,213	2,221	3,128	1,755	2,801	3,490	3,135	13,404	4,341	5,320	7,140	3,617	6,014	4,695	2,732	478	1,027	927
Recurring financial charges`65`	2,213	2,221	3,128	1,755	2,801	3,490	3,135	13,404	4,341	5,320	7,140	3,617	6,014	4,695	2,732	478	1,027	927
Profit (loss) for the period before taxes`9903`	-57,104	-24,287	-1,441	57,692	-77,885	-222,934	-139,011	-12,109	-1,201	-21,127	3,752	61,073	-111,604	-103,035	-31,318	-6,894	-4,892	8,722
Income taxes`67/77`	845	-	-	-	582	864	928	207	1,270	445	451	189	68	29	-989	935	1,001	1,800
Profit (loss) for the period`9904`	-57,949	-24,287	-1,441	57,692	-78,467	-223,798	-139,939	-12,316	-2,472	-21,572	3,301	60,884	-111,672	-103,063	-30,329	-7,829	-5,893	6,922
Profit (loss) for the period to be appropriated`9905`	-57,949	-24,287	-1,441	57,692	-78,467	-223,798	-139,939	-12,316	-2,472	-21,572	3,301	60,884	-111,672	-103,063	-30,329	-7,829	-5,893	6,922
Appropriation of the result
Profit (loss) to be appropriated`9906`	-694,087	-636,138	-611,851	-610,410	-668,102	-589,635	-365,837	-225,898	-213,582	-211,110	-189,539	-192,840	-253,724	-142,052	-38,989	-8,660	-831	6,922
Profit (loss) brought forward from the previous period`14P`	-636,138	-611,851	-610,410	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
Social balance sheet
Average staff (FTE)`9087`	1	1	1	1	1	1	1	1	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	814	642	264	520	1,832	1,732	1,769	1,838	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 01-11-2024.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2023	micro format	01-11-2024	2024-00525051	PDF
31-12-2022	micro format	25-11-2023	2023-00516030	PDF
31-12-2021	micro format	29-12-2022	2022-20548849	PDF
31-12-2020	micro format	30-12-2021	2021-82000516	PDF
31-12-2019	micro format	30-12-2020	2020-77500429	PDF
31-12-2018	micro format	25-12-2019	2019-78100213	PDF
31-12-2017	micro format	01-11-2018	2018-71400093	PDF
31-12-2016	full format	10-11-2017	2017-69700485	PDF
31-12-2015	full format	17-10-2016	2016-65800505	PDF
31-12-2014	full format	19-11-2015	2015-67100532	PDF
31-12-2013	full format	18-12-2014	2014-69900113	PDF
31-12-2012	full format	29-10-2013	2013-64400165	PDF
31-12-2011	full format	29-01-2013	2013-01900191	PDF
31-12-2010	full format	06-12-2011	2011-62900481	PDF
31-12-2009	full format	13-10-2010	2010-57600405	PDF
31-12-2008	full format	22-06-2010	2010-19500561	PDF
31-12-2007	full format	27-08-2008	2008-62000120	PDF
31-12-2006	abbreviated format	27-07-2007	2007-47600020	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-49,636	-16,150	5,808	66,861	-68,262	-214,138	-121,972	13,997	13,999	-9,845	25,595	97,033	-76,095	-67,906	-17,837	-5,995	435	15,033
Cash flow	-52,243	-18,371	3,640	65,278	-71,061	-216,157	-125,933	554	8,740	-13,546	20,777	94,159	-77,658	-71,612	-17,809	-7,401	-1,586	12,306
Investment in fixed assets (approximation)	888	2,480	10,140	4,833	7,794	2,650	5,096	20,666	19,973	26,570	17,794	40,828	8,477	44,754	66,388	1,283	0	20,437
Change in cash	-512	-17,267	-20,809	-4,418	-24,571	-71,923	-97,200	-37,739	-16,896	171,773	-794	-11,214	-13,599	26,529	95,643	-	-	-
Working capital	-223,865	-55,266	-36,296	-24,664	-19,694	-179,424	-17,516	93,037	126,026	125,607	108,149	157,467	107,010	116,929	137,984	33,395	7,663	12,773
EBIT margin	-42.4%	-18.5%	0.4%	23.6%	-47.7%	-	-43.1%	-	-	-	-	-	-	-	-9.9%	-	-	-
Solvency	-377.3%	-202.2%	-168.2%	-137.1%	-192.5%	-83.0%	0.7%	29.5%	27.8%	25.1%	31.2%	42.4%	36.8%	40.9%	55.1%	41.7%	55.1%	55.3%
Current ratio	0.24	0.65	0.75	0.85	0.86	0.51	0.93	1.36	1.33	1.33	1.41	1.80	1.63	1.80	2.61	1.70	2.29	2.79
Debt to equity	-	-	-	-	-	-	-	2.31	2.59	2.98	2.21	1.36	1.71	1.44	0.82	1.40	0.81	0.81
ROE	-	-	-	-	-	-	-	-10.9%	-1.7%	-16.6%	2.6%	36.1%	-97.0%	-77.4%	-20.3%	-22.8%	-43.9%	35.8%
ROA	-76.2%	-21.4%	-1.2%	39.7%	-58.9%	-112.5%	-54.0%	-3.2%	-0.5%	-4.2%	0.8%	15.3%	-35.7%	-31.7%	-11.2%	-9.5%	-24.2%	19.8%
Interest coverage	-22.43	-7.27	1.86	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	82 days	242 days	135 days	104 days	58 days	106 days	43 days	-	-	-	-	-	-	-	75 days	-	-	-
Supplier credit	100 days	20 days	25 days	52 days	110 days	76 days	25 days	-	-	-	-	-	-	-	9 days	-	-	-

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	1	1	1
full-time	1	1	1
in full-time equivalents	1	1	1
Average over the year, in full-time equivalents	1	1	1
On a permanent contract	1	1	1
Joined	0	-	-
Left	1	-	-

Source: social balance sheet in the 2021 to 2023 annual accounts

Investments

fixed assets acquired

Item	2023	2022	2021
Tangible fixed assets	€888	€2,480	€10,140
Depreciation and write-downs of the year	€5,706	€5,916	€5,081

Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)

Insights on PROFIDES

The operating result for 2023 is a loss of €55,342, larger than the loss of €22,066 in 2022. It is the lowest result since 2019.

Equity is negative. Debt (€362,842) exceeds the balance-sheet total (€76,015).

Board & ownership

Board

2 directors

QUINTEN GAETAN

Director

since 13-05-2008

listed in the 2023 annual accounts, filed on 01-11-2024

JASINSKI OLIVIER

Director

since 18-06-2008

listed in the 2023 annual accounts, filed on 01-11-2024

Signing authority: “Article 16. Pouvoirs de l'organe d'administration S'il n'y a qu'un seui administrateur, la totalité des pouvoirs d'administration lui est…”
deed of 18-01-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

QUINTEN GAETAN
Director

JASINSKI OLIVIER
Director

Board

Mandates as a list

QUINTEN GAETAN
- Director, from 13-05-2008 to date
JASINSKI OLIVIER
- Director, from 18-06-2008 to date

See the board, name and registered office on a given date →

Control

Shareholder in 2016

JK.O

2.79%

This company

PROFIDES

Equity -€286,827

Loss €57,949 in 2023

Capital

Capital: €405,400
Source: 2023 annual accounts

Owners through the years

as the annual accounts name them

JK.O

2.79%

Owners as a list

JK.O
- 2015 to 2016: 2.79%

Source: lists of holdings in the owners' accounts

Articles of association

deed of 18-01-2024 (in French)

Duration: Unlimited
Share issue rule: “Accord de l'organe d'administration, conditions article 11”
Membership rule: “Moyennant motivation sans recours, agrément organe d'administration”
Annual meeting: First Friday of June at 19:00

Network & group

No group

PROFIDES has no parent and no holdings in its annual accounts. PROFIDES shares no director with another company.

Timeline

28 events since 2005

Capital

Filings

Financial

Establishments

Address

20062008201020122014201620182020202220242026

2025

30-11-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0878153173

2024

01-11-2024

Annual accounts 2023 filed PDFmicro format · 93 days late

18-01-2024

Capital conversion · Purpose change · Amendment of the articles · Legal-form change“De satisfaire aux besoins de ses actionnaires et de toute personne en lien avec l'aéronautique,sur les plans…” (deed in French) · General meeting of 27-12-20232 points ▸

General meeting, 27-12-2023
Purpose change, “De satisfaire aux besoins de ses actionnaires et de toute personne en lien avec l'aéronautique,sur les plans décrits ci-après; De réunir des protagonistes et…” (deed in French)
The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

15-01-2024

2 establishments registered Nivelles and Ecaussinnes

2023

25-11-2023

Annual accounts 2022 filed PDFmicro format · 117 days late

2022

29-12-2022

Annual accounts 2021 filed PDFmicro format · 151 days late

2021

30-12-2021

Annual accounts 2020 filed PDFmicro format · 152 days late

2020

31-12-2020

Back to profit net €57,692 The net result is €57,692, after 6 loss-making years.

30-12-2020

Annual accounts 2019 filed PDFmicro format · 152 days late

2019

25-12-2019

Annual accounts 2018 filed PDFmicro format · 147 days late

2018

31-12-2018

Weakest financial year net -€223,798 The net result drops to -€223,798, the lowest from 2006 to 2023. It recovers the following year.

01-11-2018

Annual accounts 2017 filed PDFmicro format · 93 days late

2017

10-11-2017

Annual accounts 2016 filed PDFfull format · 102 days late

2016

17-10-2016

Annual accounts 2015 filed PDFfull format · 78 days late

2015

19-11-2015

Annual accounts 2014 filed PDFfull format · 111 days late

2014

18-12-2014

Annual accounts 2013 filed PDFfull format · 140 days late

2013

29-10-2013

Annual accounts 2012 filed PDFfull format · 90 days late

29-01-2013

Annual accounts 2011 filed PDFfull format · 182 days late

2012

31-12-2012

Back to profit net €60,884 The net result is €60,884, after 5 loss-making years.

31-12-2012

Equity above €150,000 equity €168,560 ▲46.4% Equity rises from €115,176 to €168,560.

2011

06-12-2011

Annual accounts 2010 filed PDFfull format · 128 days late

2010

13-10-2010

Annual accounts 2009 filed PDFfull format · 74 days late

22-06-2010

Annual accounts 2008 filed PDFfull format · 326 days late

2009

31-12-2009

Equity above €100,000 equity €149,761 ▲336% Equity rises from €34,350 to €149,761.

2008

27-08-2008

Annual accounts 2007 filed PDFfull format · 27 days late

2007

27-07-2007

Annual accounts 2006 filed PDFabbreviated format · 4 days before the deadline

2006

05-01-2006

First establishment Rue Wattimez-Haut 48, Les Bons Villers

2005

23-12-2005

Incorporation PDFpublished on 05-01-2006

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

PROFIDES was incorporated on 23 December 2005.¹ Turnover went from €134,200 in 2018 to €130,427 in 2023 and headcount from 1 to 1 full-time equivalents.²

Company details

Identity

Enterprise number: 0878.153.173
VAT number: BE 0878.153.173
Peppol ID: 0208:0878153173
Other Peppol ID: 9925:BE0878153173
Legal form: Cooperative company
Status: Active, normal situation
Founded: 23-12-2005
Financial year: ends on 31 December
Annual meeting: First Friday of June at 19:00
deed of 18-01-2024 (in French)
Peppol: Reachable since 30-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: PROFIDES in Dutch
Name in the Peppol Directory: PROFIDES SC DP
Entity type: Legal entity
Duration: Unlimited
deed of 18-01-2024 (in French)

Activities

NACEBEL 2025

85532 Education main activity

70200 Business and other management consultancy

74209 Other photographic activities

Codes under NACEBEL 2008

85532 Education main activity

70220 Business consulting

74209 Other photographic activities

Codes under NACEBEL 2003

74142 main activity

Purpose: “De satisfaire aux besoins de ses actionnaires et de toute personne en lien avec l'aéronautique, sur les plans décrits ci-après; De réunir…”
32 activities
De satisfaire aux besoins de ses actionnaires et de toute personne en lien avec l'aéronautique, sur les plans décrits ci-après
De réunir des protagonistes et professionnels du secteur de l'aviation et de l'aéronautique en général en vue de promouvoir les intérêts sociaux et professionnels de ceux-ci au sein d'un groupe coliaboratif;
De promouvoir leurs échanges d'expérience, de compétences, de connaissances en vue de l'amélioration de leurs prestations
De promouvoir l'interaction des membres de la société de façon à faciliter l'intégration et l'épanouissement de chacun dans le métier et le secteur de l'aviation en générai
De partager, mutualiser entre les membres et de réduire l'ensemble des frais et dépenses nécessaires à l'exercice d'une profession au sein du secteur de l'aviation
De réunir les besoins de chacun et les regrouper en vue d'une gestion centralisée et un meilleur encadrement de ceux-ci
De mutualiser l'ensemble des démarches et dépenses relatives à la gestion des dossiers sociaux, fiscaux et divers résultant de l'exercice de la profession et du statut d'associé en générat
D'assurer une prise en charge des débutants grâce à des formations ciblées et soutenues par les membres les plus expérimentés;
De permettre un éventail plus large des prestations réalisables dans le secteur par l'exercice individuel et/ou collectif des prestations suivantes visant:
À la mise à disposition de personnel navigant de cockpit et de cabine d'avion et d'instructeurs,
À la dispense de cours théoriques et pratiques dans les matières liées au pilotage d'aéronefs ou à l'exercice des fonctions de personnel de cabine, ou encore de toute mission connexe à l'utilisation ou l'exploitation d'aéronefs,
À l'exercice de tous les privilèges liés aux licences de pilote d'avion et de tout autre aéronef,
À l'achat, la vente, la location, l'importation, l'exportation de matériel aéronautique,
À l'organisation et l'exécution de baptêmes de l'air, de transport aérien ou par d'autres voies de personnes et de biens, et de manière générale à tout travail aérien
À la photographie, y compris la photographie aérienne et à la réalisation d'cœuvres audiovisuelles,
À l'installation, la gestion d'aéroports, d'aérodromes et d'aéroclubs, d'organismes de formation,
Aux activités d'atelier de construction, de transformation d'entretien d'aéronefs et d'engins de transports terrestres ou de sport.
À l'organisation et à la gestion de propriétés partagées, d'entreprises, d'associations, institutions, et fondations et autres groupements;
À la location de véhicules terrestres, maritimes, aériens, fluviaux et autres biens mobiliers ou immobiliers,
À la formation, à la conduite et au pilotage automobile, de motocycles, d'aéronefs, de bateaux, aux prestations de pilotage et à la mise à disposition de pilotes automobiles, de motocycles, d'aéronefs et de bateaux:
À la mise au point de véhicules, de carburants, de lubrifiants et autres produits se rapportant à ces véhicules ou non (entretien, additifs), de pièces ou ensembles ou sous-ensembles mécaniques, électriques, électroniques
Et aérodynamiques; l'établissement de protocoles de tests et l'exécution de tests des éléments et produits mentionnés ci-avant;
À l'organisation de manifestations, courses automobiles et de motocyclettes, l'entretien d'infrastructures sportives et plus particulièrement de circuits.
Toutes prestations de services dans les domaines de la consultance en matière de gestion, de fiscalité, de commerce, de marketing, d'économie, de finance;
À la gestion de biens appartenant à autrui, la location de tous biens meubles et immeubles, l'organisation et la gestion de propriétés partagées,
À la consultance, la réalisation d'étude, l'organisation et la dispense de formations dans tous les domaines
De l'aéronautique et de l'industrie pharmaceutique, de l'économie, du commerce, de la gestion, de la finance, du marketing, de la fiscalité, du management, du sport, de la psychologie, de la physiologie, de la biologie, de la physique, de la chimie, de l'éducation, et dans tout autres domaines, à l'exclusion des missions réservées aux comptables, experts comptables et reviseurs d'entreprises
À l'encodage et l'archivage,
Aux travaux de secrétariat,
À la création, la gestion, l'entretien des jardins, d'espaces verts et d'infrastructures sportives, de loisirs, ou autres
Aux activités d'intermédiaire non spécialisé de commerce, et à la prestation de main d'euvre non spécialisée,
À l'exécution pour compte d'autrui de toute mission relevant des domaines précités,
deed of 18-01-2024 (in French)

Registered office and establishments

3 establishments

Establishment	Since	Unit number
Rue Wattimez-Haut 48 registered office 6210 Les Bons Villers	05-01-2006	2.150.828.411
Rue de Namur 179 1400 Nivelles	15-01-2024	2.361.143.118
Rue de Scoufflény 37 7191 Ecaussinnes	15-01-2024	2.361.143.217

Buildings and parcels at the addresses

Ground area: 3,151 m²
Buildings: 461 m²
Volume, LiDAR: 3,316 m³
Tallest building: 17.3 m

Buildings to scale, each on its own parcel

registered office establishment All 3 establishment units on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
55009B0444/00H000	2,900 m²	1 · 248 m²	7.6 m · 2
52059B0233/00F000	133 m²	1 · 148 m²	9.1 m · 2
25782C0122/00K002	117 m²	1 · 65 m²	17.3 m · 5

Overview

Lifetime

Key points

Equity

Losses

Debts

Payment terms

Liquidity

Filings

Bankruptcy probability

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2023

Insights on PROFIDES

Financials

Annual accounts 2023

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-377.3%

Current ratio0.24

Return on assets-76.2%

Staff

Staff cost per FTE€23,501

Joined and left-1

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on PROFIDES

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the addresses

Location

Parcels