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PROFIMMO

Active
Public limited companyfounded 199432 yrs activeKaulillerweg 126, 3990 Peer, BelgiumKBO/BCE: BE 0452.681.182
Summary

PROFIMMO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€9,971) and a net result of -€4,665. Equity is shrinking by ~57.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability13▲+1
Solvency15▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.02 in 2023; short-term debt: 110.1% and cash: 1.2% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-10.1%
Return on assets
-4.7%
Age of the figures
21 mo
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
highest failure risk from 2 to 8 years 32 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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€9,971
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 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
47 d early
2022
70 d early
2021
74 d early
2020
8 d early
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

PROFIMMO was incorporated on 17 May 1994.1 Total assets went from EUR 106,323 in 2018 to EUR 98,575 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€9,971▼ 87.9%
2023 · -€5,306
Total assets
€98,575▼ 2.8%
2023 · €101,434
Net result
-€4,665▲ 15.8%
2023 · -€5,541
Working capital
-€106,725▼ 1.6%
2023 · -€104,997
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€2,555▲ 75.2%-€2,803▼ 9.7%-€5,695▼ 103%-€5,463▲ 4.1%-€4,583▲ 16.1%
Net result-€2,598▲ 74.9%-€2,883▼ 11.0%-€5,779▼ 100%-€5,541▲ 4.1%-€4,665▲ 15.8%
Equity€8,897▼ 22.6%€6,014▼ 32.4%€235▼ 96.1%-€5,306-€9,971▼ 87.9%
Total assets€108,669▼ 2.6%€107,455▼ 1.1%€103,914▼ 3.3%€101,434▼ 2.4%€98,575▼ 2.8%
Debt€99,772▼ 0.3%€101,440▲ 1.7%€103,679▲ 2.2%€106,739▲ 3.0%€108,547▲ 1.7%
Working capital-€99,605▲ 0.3%-€99,550▲ 0.1%-€102,393▼ 2.9%-€104,997▼ 2.5%-€106,725▼ 1.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2020: -€2,555-€2,555Net result 2020: -€2,598-€2,598Operating result 2021: -€2,803-€2,803Net result 2021: -€2,883-€2,883Operating result 2022: -€5,695-€5,695Net result 2022: -€5,779-€5,779Operating result 2023: -€5,463-€5,463Net result 2023: -€5,541-€5,541Operating result 2024: -€4,583-€4,583Net result 2024: -€4,665-€4,66520202021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€5,695-€5,690Net result 2022: -€5,779-€5,780Operating result 2023: -€5,463-€5,460Net result 2023: -€5,541-€5,540Operating result 2024: -€4,583-€4,580Net result 2024: -€4,665-€4,670202220232024
The operating result stays negative: a loss of €4,583 in 2024 against €5,463 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98,575
Fixed assets €96,754 ▼ 2.9%
Current assets €1,822 ▲ 4.5%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€1,646▲
2023 · -€2,526
Cash flow
-€1,728▲
2023 · -€2,604
Solvency
-10.1%▼
2023 · -5.2%
Current ratio
0.02▲
2023 · 0.02
Debt to equity
-10.89▲
2023 · -20.12
ROA
-4.7%▲
2023 · -5.5%
Interest coverage
-19.98▲
2023 · -32.57
Debt ≤ 1 year
€108,547▲
2023 · €106,739
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
1.9% went bankrupt
5.9% stopped otherwise
90% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,799 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€101,434€98,575▼
Fixed assets21/28€99,691€96,754▼
Tangible fixed assets22/27€99,691€96,754▼
Land and buildings22€99,691€96,754▼
Current assets29/58€1,743€1,822▲
Cash at bank and in hand54/58€1,142€1,196▲
Deferred charges and accrued income490/1€600€625▲
Equity and liabilities
Total equity and liabilities10/49€101,434€98,575▼
Equity10/15-€5,306-€9,971▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Profit (loss) carried forward14-€67,279-€71,944▼
Amounts payable17/49€106,739€108,547▲
Amounts payable within one year42/48€106,739€108,547▲
Trade debts44-€387
Suppliers440/4-€387
Other amounts payable47/48€106,739€108,159▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,937€2,937=
Other operating charges640/8€2,622€2,810▲
Gross operating margin9900€96€1,164▲
Operating profit (loss)9901-€5,463-€4,583▲
Financial charges65/66B€78€82▲
Recurring financial charges65€78€82▲
Profit (loss) for the period before taxes9903-€5,541-€4,665▲
Profit (loss) for the period9904-€5,541-€4,665▲
Profit (loss) for the period to be appropriated9905-€5,541-€4,665▲
Appropriation of the result
Profit (loss) to be appropriated9906-€67,279-€71,944▼
Profit (loss) brought forward from the previous period14P-€61,738-€67,279▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,937€2,937€2,937€2,937€2,937=
Other operating charges640/8-€2,383€2,410€2,622€2,810▲ 7.2%
Gross operating margin9900€2,718€2,517-€348€96€1,164▲ 1,109%
Operating profit (loss)9901-€2,555-€2,803-€5,695-€5,463-€4,583▲ 16.1%
Financial charges65/66B-€79€85€78€82▲ 6.2%
Recurring financial charges65€44€79€85€78€82▲ 6.2%
Profit (loss) for the period before taxes9903-€2,598-€2,883-€5,779-€5,541-€4,665▲ 15.8%
Profit (loss) for the period9904-€2,598-€2,883-€5,779-€5,541-€4,665▲ 15.8%
Profit (loss) for the period to be appropriated9905-€2,598-€2,883-€5,779-€5,541-€4,665▲ 15.8%
Line20202021202220232024Change
Assets
Total assets20/58€108,669€107,455€103,914€101,434€98,575▼ 2.8%
Fixed assets21/28€108,502€105,565€102,628€99,691€96,754▼ 2.9%
Tangible fixed assets22/27€108,502€105,565€102,628€99,691€96,754▼ 2.9%
Land and buildings22-€105,565€102,628€99,691€96,754▼ 2.9%
Current assets29/58€167€1,890€1,286€1,743€1,822▲ 4.5%
Cash at bank and in hand54/58€167€1,890€785€1,142€1,196▲ 4.7%
Deferred charges and accrued income490/1--€502€600€625▲ 4.2%
Equity and liabilities
Total equity and liabilities10/49€108,669€107,455€103,914€101,434€98,575▼ 2.8%
Equity10/15€8,897€6,014€235-€5,306-€9,971▼ 87.9%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10-€61,973€61,973€61,973€61,973=
Issued capital100-€61,973€61,973€61,973€61,973=
Profit (loss) carried forward14-€53,076-€55,959-€61,738-€67,279-€71,944▼ 6.9%
Amounts payable17/49€99,772€101,440€103,679€106,739€108,547▲ 1.7%
Amounts payable within one year42/48€99,772€101,440€103,679€106,739€108,547▲ 1.7%
Trade debts44€2,335€2,321--€387-
Suppliers440/4-€2,321--€387-
Other amounts payable47/48-€99,119€103,679€106,739€108,159▲ 1.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€2,598-€2,883-€5,779-€5,541-€4,665▲ 15.8%
+ Depreciation and write-downs630€2,937€2,937€2,937€2,937€2,937=
Operating cash flow (approximation)€339€54-€2,842-€2,604-€1,728▲ 33.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€1,722-€1,105€358€54▼ 85.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
18-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet -€10,351
Net result drops to -€10,351, the lowest in the series; recovery starts the following year.
03-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
26-07
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.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Peer · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
5,038 m²
Building footprint
249 m²
Volume, LiDAR
1,152 m³
2 parcels, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Jobstraat 60, 3550 Heusden-Zolder
NACE 70201
since 19952.070.083.532
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72010A0140/00V000 Flanders 4,234 m² 1 · 249 m² 7.3 m · 2 fl.
71462D0563/00E000 Flanders 804 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded17-05-1994
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.