PROFIMMO
ActiveSummary
The annual accounts of PROFIMMO for financial year 2025 show a net loss of 69% of total assets. The 2025 annual accounts show equity of €350,340 and a net result of -€258,790. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 93% of 11,213 sector peers (NACE 68, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 1 FTE
- Equity
- €350,340
- Loss
- -€258,790
- Parent
- HERCABO · 99.5%
- HERCABODirector · permanent representative VAN HOECK Jo
- VAN HOECK MarnixDirector
- VAN HOECK MichelleDirector
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €258,790 (financial year 2025)lowers riskLiquidity: current ratio 14.02, cash €123,226, halvedEquity €350,340 (92.9% of total assets)Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 91% on solvency, 92% on liquidity, 4% on profitability and 13% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 48 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€258,790
- Liquidity more than 6 timescurrent ratio 14.02
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €267,575 after €281,068 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 5,831 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.6% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 5,831 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €70,340 | €72,725 | €78,542 | €80,647 | €85,100 | ▲ 5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €595 | €595 | €595 | €18 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €14,711 | €2,666 | €3,307 | €1,511 | €59,191 | ▲ 39× |
| Gross operating margin9900 | €415,367 | €4,958 | €516,515 | €81,909 | €307,795 | -€9,448 | €363,225 | -€123,283 | - |
| Operating profit (loss)9901 | €343,447 | -€67,825 | €443,468 | -€3,737 | €232,386 | -€91,297 | €281,068 | -€267,575 | - |
| Financial income75/76B | - | - | - | €9,436 | €6,451 | €177 | €10,383 | €13,932 | ▲ 34.2% |
| Recurring financial income75 | €7,266 | €8,879 | €8,097 | €9,436 | €6,451 | €177 | €10,383 | €13,932 | ▲ 34.2% |
| Financial charges65/66B | - | - | - | €21 | €34 | - | €8,235 | €5,148 | ▼ 37.5% |
| Recurring financial charges65 | €15 | €222 | €12,488 | €21 | €34 | - | €8,235 | €5,148 | ▼ 37.5% |
| Profit (loss) for the period before taxes9903 | €350,697 | -€59,168 | €439,078 | €5,678 | €238,803 | -€91,120 | €283,216 | -€258,790 | - |
| Income taxes67/77 | €105,477 | -€1,391 | €96,192 | €2,309 | €60,729 | - | €49,410 | - | - |
| Profit (loss) for the period9904 | €245,221 | -€57,777 | €342,886 | €3,368 | €178,074 | -€91,120 | €233,806 | -€258,790 | - |
| Profit (loss) for the period to be appropriated9905 | €245,221 | -€57,777 | €342,886 | €3,368 | €178,074 | -€91,120 | €233,806 | -€258,790 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €1.7m | €0.9m | €1.6m | €1.0m | €0.5m | €1.1m | €0.4m | ▼ 65.8% |
| Fixed assets21/28 | €0.002m | €0.002m | €0.004m | €0.003m | €0.001m | €0.001m | - | €0.002m | - |
| Tangible fixed assets22/27 | - | €0.001m | €0.001m | €18 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €18 | - | - | - | - | - |
| Financial fixed assets28 | €0.002m | €0.001m | €0.004m | €0.003m | €0.001m | €0.001m | - | €0.002m | - |
| Current assets29/58 | €0.6m | €1.7m | €0.9m | €1.6m | €1.0m | €0.5m | €1.1m | €0.4m | ▼ 65.9% |
| Stocks and contracts in progress3 | €0.2m | €1.0m | €0.3m | €1.1m | €0.2m | €0.08m | €0.07m | €0.06m | ▼ 12.4% |
| Stocks30/36 | - | - | - | €1.1m | €0.2m | €0.08m | €0.07m | €0.06m | ▼ 12.4% |
| Amounts receivable within one year40/41 | €0.05m | €0.01m | €0.004m | - | - | €0.008m | €0.08m | €0.08m | ▼ 0.6% |
| Trade receivables40 | - | - | - | - | - | - | €0.06m | €0.06m | ▲ 4.2% |
| Other amounts receivable41 | - | - | - | - | - | €0.008m | €0.03m | €0.02m | ▼ 11.4% |
| Current investments50/53 | - | - | - | - | - | - | €0.5m | €0.1m | ▼ 80.0% |
| Cash at bank and in hand54/58 | €0.4m | €0.8m | €0.6m | €0.5m | €0.7m | €0.5m | €0.4m | €0.1m | ▼ 71.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.009m | €0.007m | €0.005m | €0.01m | €0.009m | ▼ 23.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €1.7m | €0.9m | €1.6m | €1.0m | €0.5m | €1.1m | €0.4m | ▼ 65.8% |
| Equity10/15 | €0.6m | €0.5m | €0.6m | €0.6m | €0.6m | €0.5m | €0.6m | €0.4m | ▼ 42.5% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Profit (loss) carried forward14 | €0.2m | -€0.06m | - | €0.003m | - | -€0.09m | - | -€0.3m | - |
| Amounts payable17/49 | €0.03m | €1.2m | €0.3m | €1.0m | €0.4m | €0.03m | €0.5m | €0.03m | ▼ 94.6% |
| Amounts payable within one year42/48 | €0.03m | €1.2m | €0.3m | €1.0m | €0.4m | €0.03m | €0.5m | €0.03m | ▼ 94.6% |
| Trade debts44 | €0.01m | €0.05m | €0.006m | €0.06m | €0.04m | €0.005m | €0.1m | €0.008m | ▼ 93.6% |
| Suppliers440/4 | - | - | - | €0.06m | €0.04m | €0.005m | €0.1m | €0.008m | ▼ 93.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.02m | €0.02m | €0.01m | ▼ 55.1% |
| Taxes450/3 | - | - | - | €0.09m | €0.1m | €0.01m | €0.01m | - | - |
| Remuneration and social security454/9 | - | - | - | €0.008m | €0.008m | €0.009m | €0.01m | €0.01m | ▲ 3.6% |
| Other amounts payable47/48 | - | - | - | €0.8m | €0.2m | €0.006m | €0.4m | €0.009m | ▼ 97.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €245,221 | -€57,777 | €342,886 | €3,368 | €178,074 | -€91,120 | €233,806 | -€258,790 | - |
| + Depreciation and write-downs630 | - | €595 | €595 | €595 | €18 | - | - | - | - |
| Operating cash flow (approximation) | €245,221 | -€57,183 | €343,481 | €3,963 | €178,092 | -€91,120 | €233,806 | -€258,790 | - |
| Investment in fixed assets (approximation) | - | -€670 | -€2,705 | €425 | €2,117 | €465 | - | - | - |
| Change in cash | - | €373,383 | -€206,531 | -€44,714 | €225,892 | -€281,389 | -€15,560 | -€314,300 | ▼ 1,920% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-06-2026 | 2026-00166968 |
| 31-12-2024 | abbreviated format | 11-06-2025 | 2025-00130514 |
| 31-12-2023 | abbreviated format | 14-06-2024 | 2024-00128725 |
| 31-12-2022 | abbreviated format | 15-06-2023 | 2023-00127680 |
| 31-12-2021 | abbreviated format | 15-06-2022 | 2022-20063931 |
| 31-12-2020 | abbreviated format | 11-06-2021 | 2021-18800444 |
| 31-12-2019 | abbreviated format | 10-06-2020 | 2020-15600137 |
| 31-12-2018 | abbreviated format | 03-06-2019 | 2019-15200406 |
| 31-12-2017 | abbreviated format | 21-03-2018 | 2018-07200083 |
| 31-12-2016 | abbreviated format | 24-06-2017 | 2017-20600043 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HERCABO |
|
| VAN HOECK Marnix |
|
| VAN HOECK Michelle |
|
Owners and capital
Owners
1 ownerChain of control
- HERCABO
- PROFIMMO
Highest known parent: HERCABO. The sources do not say who stands above it.
Owners 1
- HERCABOparent99.5%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 01-12-2023 Capital stated in the deed · 200 shares
Group and network
Connections & network
3 connected companiesHistory
Acts, filings and financial milestones
01-12
Gazette deed
Resignation: HERCABO (sole manager)Appointments: HERCABO, VAN HOECK Michelle and VAN HOECK Marnix · Legal-form conversion · Capital conversion17 facts ▸
- General meeting, 15-11-2023
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “van rechtswege, artikel 39§2 tweede lid wet van 23-03-2019 tot invoering van het WVV en houdende diverse bepalingen” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “gehele opheffing statutair onbeschikbare eigenvermogensrekening, vormen en meerderheden statutenwijziging” (deed in Dutch)
- Other provision, “afwezigheid commissaris en niet-kapitaalvertegenwoordigende effecten” (deed in Dutch)
- Other provision, “verslag bestuurder wijziging voorwerp, artikel 5:101 WVV” (deed in Dutch)
- Purpose change
- Capital
- Registered office clause, “2200 Herentals,Poel (HRT) 11” (deed in Dutch)
- Director resignation, HERCABO (sole manager)
- Director appointment, HERCABO (director)
- +5 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0471.523.532
Environmental permits
The 10 most recent of 14 applications.
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13302D0604/00C000 | Flanders | 8,222 m² | 1 · 325 m² | 9.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Projectontwikkeling; Bouwnijverheid; Aannemer bouwwerken,metsel- en betonwerken; Aannemer…” (deed in Dutch)
11 activities (deed in Dutch)
- Projectontwikkeling;
- Bouwnijverheid;
- Aannemer bouwwerken,metsel- en betonwerken
- Aannemer nutsvoorzieningen(water–gas–elektriciteit–verwarming)
- Aannemer schrijnwerkerij.
- Aannemer dakwerken.
- Aannemer bezettingswerken.
- Coördinatie bouwwerken.
- Het verwerven,vervreemden,beheren,uitbaten,valoriseren,ordenen,huren,verhuren,doen bouwen en verbouwen,promotie van en makelen in onroerende goederen,evenals welkdanige onroerende transacties en verrichtingen in de breedste zin;
- Als algemene onderneming de bedrijvigheden coördineren van bouwvoltooiïngswerken voor onderaannemers;
- Vastgoedmakelaar–syndicus;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PROFIMMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bijlagen tot het Belgisch Staatsblad, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, met of zonder beperking van duur” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overgang van aandelen bij overlijden, na aftrek van de rechten waarvan de overdracht wordt voorgesteld” (deed in Dutch)1 more provision on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Authentieke akte, gewone meerderheid” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 1 June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Artikel 2:80 WVV, algemene vergadering met vereisten statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed