PROFIEL
ActiveSummary
PROFIEL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187,029 and a net result of €130,959. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 34% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2023
Profitability90▲+43
Solvency56▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.46 in 2023; short-term debt: 68% and cash: 26.3% of total assets), and 69.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.9%
Return on assets
21.6%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 16-12-2025, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2023
37 d early
2022
30 d early
2021
13 d early
2020
5 d early
2018
18 d early
2017
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 44% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€187,029▲ 0.5%
2023 · €186,071
Total assets
€605,823▲ 7.4%
2023 · €563,981
Net result
€130,959▲ 1,337%
2023 · €9,114
Working capital
€168,179▼ 0.6%
2023 · €169,170
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result€78,543-€172,660▲ 120%€26,463▼ 84.7%€17,167▼ 35.1%€169,765-
Net result€40,265within the sector's middle half-€157,918above the sector's middle half▲ 292%€18,021within the sector's middle half▼ 88.6%€9,114within the sector's middle half▼ 49.4%€130,959above the sector's middle half-
Equity€199,960within the sector's middle half-€185,935within the sector's middle half▼ 7.0%€185,957within the sector's middle half=€186,071within the sector's middle half▲ 0.1%€187,029within the sector's middle half-
Total assets€581,328within the sector's middle half-€712,361within the sector's middle half▲ 22.5%€547,878within the sector's middle half▼ 23.1%€563,981within the sector's middle half▲ 2.9%€605,823within the sector's middle half-
Debt€381,368-€526,426▲ 38.0%€361,921▼ 31.2%€377,911▲ 4.4%€418,794-
Working capital€224,531within the sector's middle half-€184,784within the sector's middle half▼ 17.7%€169,426within the sector's middle half▼ 8.3%€169,170within the sector's middle half▼ 0.2%€168,179within the sector's middle half-
Solvency34.4%within the sector's middle half-26.1%within the sector's middle half▼ 8.3pp33.9%within the sector's middle half▲ 7.8pp33.0%within the sector's middle half▼ 0.9pp30.9%within the sector's middle half-
Current ratio1.66within the sector's middle half-1.37within the sector's middle half▼ 0.291.48within the sector's middle half▲ 0.111.46within the sector's middle half▼ 0.021.41within the sector's middle half-
Return on assets (ROA)6.9%within the sector's middle half-22.2%above the sector's middle half▲ 15.2pp3.3%within the sector's middle half▼ 18.9pp1.6%within the sector's middle half▼ 1.7pp21.6%above the sector's middle half-
Staff (FTE)6.2within the sector's middle half-6.4within the sector's middle half▲ 3.2%6.7within the sector's middle half▲ 4.7%5.5within the sector's middle half▼ 17.9%7.8within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2021 Net result +292% on 2020. The previous fiscal year ran 23 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result is €169,765 in 2025, compared with €17,167 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €605,823
Fixed assets
€25,442 ▲ 10.1%
Current assets
€580,381 ▲ 7.3%
Equity and liabilities €605,823
Equity
€187,029 ▲ 0.5%
Debt
€418,794 ▲ 10.8%
Debt's share of the balance-sheet total rises from 67.0% to 69.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€179,759▲
2023 · €21,527
Cash flow
€140,952▲
2023 · €13,473
Quick ratio
1.17▼
2023 · 1.25
Debt to equity
2.24▲
2023 · 2.03
ROE
70.0%▲
2023 · 4.9%
Interest coverage
5.26▲
2023 · 3.10
Debt ≤ 1 year
€412,202▲
2023 · €371,703
Income taxes
€4,968▲
2023 · €1,271
Staff costs
€1.0m▲
2023 · €378,601
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6,403 | €28,893 | - | - |
| Remuneration, social security and pensions62 | - | - | €400,363 | €378,601 | €1.0m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,682 | €2,673 | €3,998 | €4,359 | €9,994 | - |
| Other operating charges640/8 | - | - | €856 | €733 | €1,787 | - |
| Non-recurring operating charges66A | - | - | €357 | €262 | €353 | - |
| Gross operating margin9900 | €645,643 | €488,318 | €432,036 | €401,122 | €1.2m | - |
| Operating profit (loss)9901 | €78,543 | €172,660 | €26,463 | €17,167 | €169,765 | - |
| Financial income75/76B | - | - | €58 | €166 | €357 | - |
| Recurring financial income75 | €781 | €672 | €58 | €166 | €357 | - |
| Financial charges65/66B | - | - | €6,920 | €6,949 | €34,196 | - |
| Recurring financial charges65 | €14,652 | €7,402 | €6,920 | €6,949 | €34,196 | - |
| Profit (loss) for the period before taxes9903 | €64,672 | €165,931 | €19,600 | €10,385 | €135,927 | - |
| Income taxes67/77 | €24,407 | €8,012 | €1,579 | €1,271 | €4,968 | - |
| Profit (loss) for the period9904 | €40,265 | €157,918 | €18,021 | €9,114 | €130,959 | - |
| Profit (loss) for the period to be appropriated9905 | €40,265 | €157,918 | €18,021 | €9,114 | €130,959 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €581,328 | €712,361 | €547,878 | €563,981 | €605,823 | - |
| Fixed assets21/28 | €15,479 | €25,238 | €23,223 | €23,108 | €25,442 | - |
| Intangible fixed assets21 | - | - | - | - | €688 | - |
| Tangible fixed assets22/27 | €4,534 | €14,294 | €12,279 | €12,164 | €17,645 | - |
| Plant, machinery and equipment23 | - | - | €1,857 | €1,376 | €11,624 | - |
| Furniture and vehicles24 | - | - | €10,422 | €6,903 | €5,063 | - |
| Other tangible fixed assets26 | - | - | - | €1,777 | €958 | - |
| Assets under construction and advance payments27 | - | - | - | €2,107 | - | - |
| Financial fixed assets28 | €10,944 | €10,944 | €10,944 | €10,944 | €7,109 | - |
| Current assets29/58 | €565,850 | €687,123 | €524,654 | €540,874 | €580,381 | - |
| Stocks and contracts in progress3 | €8,000 | €8,000 | €102,840 | €77,052 | €98,453 | - |
| Stocks30/36 | - | - | €8,000 | €8,000 | €8,000 | - |
| Contracts in progress37 | - | - | €94,840 | €69,052 | €90,453 | - |
| Amounts receivable within one year40/41 | €231,742 | €213,920 | €199,597 | €281,913 | €310,714 | - |
| Trade receivables40 | - | - | €161,575 | €237,024 | €303,509 | - |
| Other amounts receivable41 | - | - | €38,022 | €44,889 | €7,205 | - |
| Cash at bank and in hand54/58 | €216,324 | €430,829 | €213,174 | €172,640 | €159,082 | - |
| Deferred charges and accrued income490/1 | - | - | €9,043 | €9,269 | €12,132 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €581,328 | €712,361 | €547,878 | €563,981 | €605,823 | - |
| Equity10/15 | €199,960 | €185,935 | €185,957 | €186,071 | €187,029 | - |
| Contributions10/11 | - | - | €123,288 | €123,288 | €123,288 | - |
| Reserves13 | €62,647 | €62,647 | €62,668 | €62,783 | €63,741 | - |
| Tax-exempt reserves132 | - | - | €19,183 | €19,183 | €19,183 | - |
| Distributable reserves133 | - | - | €43,486 | €43,600 | €44,558 | - |
| Profit (loss) carried forward14 | -€39,911 | -€33,240 | - | - | - | - |
| Amounts payable17/49 | €381,368 | €526,426 | €361,921 | €377,911 | €418,794 | - |
| Amounts payable after more than one year17 | €25,670 | €17,793 | €2,338 | - | - | - |
| Other amounts payable178/9 | - | - | €2,338 | - | - | - |
| Amounts payable within one year42/48 | €341,319 | €502,339 | €355,229 | €371,703 | €412,202 | - |
| Financial debts43 | - | - | €250,000 | €250,000 | €184,977 | - |
| Credit institutions430/8 | - | - | €250,000 | €250,000 | €184,977 | - |
| Trade debts44 | €22,508 | €18,466 | €19,300 | €14,809 | €23,033 | - |
| Suppliers440/4 | - | - | €19,300 | €14,809 | €23,033 | - |
| Taxes, remuneration and social security45 | - | - | €52,472 | €45,867 | €44,236 | - |
| Taxes450/3 | - | - | €2,022 | €1,950 | €3,160 | - |
| Remuneration and social security454/9 | - | - | €50,450 | €43,918 | €41,076 | - |
| Other amounts payable47/48 | - | - | €33,456 | €61,027 | €159,956 | - |
| Accrued charges and deferred income492/3 | - | - | €4,355 | €6,207 | €6,592 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,265 | €157,918 | €18,021 | €9,114 | €130,959 | - |
| + Depreciation and write-downs630 | €11,682 | €2,673 | €3,998 | €4,359 | €9,994 | - |
| Operating cash flow (approximation) | €51,947 | €160,591 | €22,019 | €13,473 | €140,952 | - |
| Investment in fixed assets (approximation) | - | -€12,433 | -€1,983 | -€4,244 | - | - |
| Change in cash | - | €214,505 | -€217,655 | -€40,535 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
Financial
Highest result since 2018net €157,918 ▲292%
Operating result €172,660, net result €157,918, both a record.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
14-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
22-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Wevelgem · 1 establishment unit since 2002
Ground area
1,180 m²
Building footprint
366 m²
Volume, LiDAR
2,709 m³
Parcel 34302B0495/00A006, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
PROFIEL
since 20022.101.602.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0495/00A006 | Flanders | 1,180 m² | 1 · 366 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
35.21%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 24,320 EUR awarded · 25,086 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,235 EUR | 5,190 EUR |
| 2024 | 2 | 5,496 EUR | 5,671 EUR |
| 2023 | 2 | 6,992 EUR | 7,639 EUR |
| 2022 | 2 | 6,597 EUR | 6,586 EUR |
Recognitions · licences · registrations
Recognised contractor
2 categoriesPROFIEL BV30426
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Of 7,300 companies in sector 43350 we hold annual accounts for 2,362. 1,824 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-01-2002
Fiscal year end31-07
Activities, NACEBEL 2025
43350Other building finishing work
90111Literary creation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476699669
Registered
31-10-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.