ProFin
ActiveSummary
ProFin is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For ProFin, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €192,102 and a net result of €55,701. Equity is growing by about 67% per year across the filed financial years. Its solvency ranks better than 28% of 3,255 sector peers (NACE 66, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
In the rankings
#9 oldest company in Herselt, Finance and insurance sector
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 19 October 2026.
Equity
€192,102▲ 40.8%
2023 · €136,401
Net result
€55,701▼ 20.9%
2023 · €70,429
Total assets
€799,889▼ 4.6%
2023 · €838,556
Solvency
24.0%▲ 7.7pp
2023 · 16.3%
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 17% below 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€88,309
2024
Net result€55,701
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€799,889
2024
Equity€192,102
2024
Debt€607,787
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€96,670
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)7.0%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency24.0%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.56
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)2.7
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance 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).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€7,912-€12,850€49,216▲ 283%€39,979▼ 18.8%€40,021▲ 0.1%€106,123▲ 165%€88,309▼ 16.8%
Net result-€10,444-€4,055€28,281within the sector's middle half▲ 598%€17,071within the sector's middle half▼ 39.6%€16,961within the sector's middle half▼ 0.6%€70,429above the sector's middle half▲ 315%€55,701within the sector's middle half▼ 20.9%
Equity€9,604-€13,659▲ 42.2%€31,940within the sector's middle half▲ 134%€49,011within the sector's middle half▲ 53.4%€65,972within the sector's middle half▲ 34.6%€136,401within the sector's middle half▲ 107%€192,102within the sector's middle half▲ 40.8%
Total assets€430,238-€955,673▲ 122%€939,252above the sector's middle half▼ 1.7%€870,579above the sector's middle half▼ 7.3%€825,101above the sector's middle half▼ 5.2%€838,556above the sector's middle half▲ 1.6%€799,889above the sector's middle half▼ 4.6%
Debt€420,634-€942,014▲ 124%€907,312▼ 3.7%€821,568▼ 9.5%€759,129▼ 7.6%€702,155▼ 7.5%€607,787▼ 13.4%
Working capital-€4,142--€10,027▼ 142%-€40,158below the sector's middle half▼ 301%-€11,018below the sector's middle half▲ 72.6%-€25,132below the sector's middle half▼ 128%€45,972within the sector's middle half€96,670within the sector's middle half▲ 110%
Solvency2.2%-1.4%▼ 0.8pp3.4%below the sector's middle half▲ 2.0pp5.6%below the sector's middle half▲ 2.2pp8.0%below the sector's middle half▲ 2.4pp16.3%below the sector's middle half▲ 8.3pp24.0%within the sector's middle half▲ 7.7pp
Current ratio0.95-0.93▼ 0.030.77below the sector's middle half▼ 0.150.93below the sector's middle half▲ 0.160.85below the sector's middle half▼ 0.081.24within the sector's middle half▲ 0.401.56within the sector's middle half▲ 0.32
Return on assets (ROA)-2.4%-0.4%▲ 2.9pp3.0%within the sector's middle half▲ 2.6pp2.0%within the sector's middle half▼ 1.1pp2.1%within the sector's middle half▲ 0.1pp8.4%within the sector's middle half▲ 6.3pp7.0%within the sector's middle half▼ 1.4pp
Staff (FTE)1.2-3.5▲ 192%4.2above the sector's middle half▲ 20.0%3.5▼ 16.7%3.3▼ 5.7%3.4▲ 3.0%2.7▼ 20.6%
above
within
below
the middle half of NACE 66, Activities auxiliary to financial services and insurance 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €799,889
Fixed assets
€531,109 ▼ 12.2%
Current assets
€268,780 ▲ 14.9%
Equity and liabilities €799,889
Equity
€192,102 ▲ 40.8%
Debt
€607,787 ▼ 13.4%
Debt's share of the balance-sheet total falls from 83.7% to 76.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
29.0%▼
2023 · 51.6%
Debt ≤ 1 year
€172,110▼
2023 · €187,905
Debt > 1 year
€435,677▼
2023 · €514,250
Income taxes
€28,906▼
2023 · €37,501
Staff costs
€168,899▼
2023 · €196,543
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €182,712 | €174,424 | €196,543 | €168,899 | ▼ 14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €67,052 | €86,939 | €87,657 | €92,833 | €74,842 | €82,088 | €79,961 | ▼ 2.6% |
| Other operating charges640/8 | - | - | - | €3,353 | €4,823 | €3,915 | €13,987 | ▲ 257% |
| Gross operating margin9900 | €106,402 | €291,872 | €328,019 | €318,877 | €294,110 | €388,669 | €351,157 | ▼ 9.7% |
| Operating profit (loss)9901 | -€7,912 | €12,850 | €49,216 | €39,979 | €40,021 | €106,123 | €88,309 | ▼ 16.8% |
| Financial income75/76B | - | - | - | €1,814 | €1,175 | €6,755 | €3,607 | ▼ 46.6% |
| Recurring financial income75 | €2,735 | €2,959 | €4,063 | €1,814 | €1,175 | €6,755 | €3,607 | ▼ 46.6% |
| Financial charges65/66B | - | - | - | €12,604 | €13,043 | €4,948 | €7,309 | ▲ 47.7% |
| Recurring financial charges65 | €3,777 | €8,402 | €13,487 | €12,604 | €13,043 | €4,948 | €7,309 | ▲ 47.7% |
| Profit (loss) for the period before taxes9903 | -€8,953 | €7,407 | €39,793 | €29,190 | €28,154 | €107,930 | €84,607 | ▼ 21.6% |
| Income taxes67/77 | €1,491 | €3,352 | €11,511 | €12,119 | €11,192 | €37,501 | €28,906 | ▼ 22.9% |
| Profit (loss) for the period9904 | -€10,444 | €4,055 | €28,281 | €17,071 | €16,961 | €70,429 | €55,701 | ▼ 20.9% |
| Profit (loss) for the period to be appropriated9905 | -€10,444 | €4,055 | €28,281 | €17,071 | €16,961 | €70,429 | €55,701 | ▼ 20.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €430,238 | €955,673 | €939,252 | €870,579 | €825,101 | €838,556 | €799,889 | ▼ 4.6% |
| Formation expenses20 | - | - | - | - | - | - | €0 | - |
| Fixed assets21/28 | €347,604 | €831,128 | €804,175 | €718,887 | €685,468 | €604,679 | €531,109 | ▼ 12.2% |
| Intangible fixed assets21 | €343,299 | €439,033 | €372,366 | €305,700 | €256,733 | €207,767 | €158,800 | ▼ 23.6% |
| Tangible fixed assets22/27 | €4,005 | €391,796 | €431,509 | €412,887 | €428,435 | €396,612 | €372,009 | ▼ 6.2% |
| Land and buildings22 | - | - | - | €357,413 | €363,440 | €349,692 | €337,913 | ▼ 3.4% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0 | - |
| Furniture and vehicles24 | - | - | - | €55,474 | €64,995 | €46,921 | €34,096 | ▼ 27.3% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €82,633 | €124,545 | €135,077 | €151,692 | €139,632 | €233,877 | €268,780 | ▲ 14.9% |
| Amounts receivable after more than one year29 | - | - | - | - | €128,554 | €128,554 | €18,554 | ▼ 85.6% |
| Other amounts receivable291 | - | - | - | - | €128,554 | €128,554 | €18,554 | ▼ 85.6% |
| Amounts receivable within one year40/41 | €32,343 | €40,932 | €66,632 | €80,394 | - | €53,450 | €49,921 | ▼ 6.6% |
| Trade receivables40 | - | - | - | €40,241 | - | €40,110 | - | - |
| Other amounts receivable41 | - | - | - | €40,153 | - | €13,339 | €49,921 | ▲ 274% |
| Cash at bank and in hand54/58 | €15,813 | €49,996 | €62,404 | €71,153 | €11,078 | €47,475 | €198,431 | ▲ 318% |
| Deferred charges and accrued income490/1 | - | - | - | €146 | - | €4,399 | €1,875 | ▼ 57.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €430,238 | €955,673 | €939,252 | €870,579 | €825,101 | €838,556 | €799,889 | ▼ 4.6% |
| Equity10/15 | €9,604 | €13,659 | €31,940 | €49,011 | €65,972 | €136,401 | €192,102 | ▲ 40.8% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €3,284 | €3,284 | €21,565 | €38,636 | €55,597 | €126,026 | €181,727 | ▲ 44.2% |
| Non-distributable reserves130/1 | - | - | - | €3,284 | €3,284 | €3,284 | €3,284 | = |
| Reserves not available under the articles1311 | - | - | - | €3,284 | €3,284 | €3,284 | €3,284 | = |
| Distributable reserves133 | - | - | - | €35,352 | €52,313 | €122,742 | €178,443 | ▲ 45.4% |
| Profit (loss) carried forward14 | -€6,080 | -€2,025 | -€2,025 | -€2,025 | -€2,025 | -€2,025 | -€2,025 | = |
| Amounts payable17/49 | €420,634 | €942,014 | €907,312 | €821,568 | €759,129 | €702,155 | €607,787 | ▼ 13.4% |
| Amounts payable after more than one year17 | €333,858 | €807,443 | €732,077 | €658,858 | €593,231 | €514,250 | €435,677 | ▼ 15.3% |
| Financial debts170/4 | - | - | - | €658,858 | €593,231 | €514,250 | €435,677 | ▼ 15.3% |
| Amounts payable within one year42/48 | €86,775 | €134,572 | €175,235 | €162,710 | €164,765 | €187,905 | €172,110 | ▼ 8.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €95,633 | €80,052 | €80,448 | €81,156 | ▲ 0.9% |
| Trade debts44 | €15,728 | €17,910 | €43,132 | €10,733 | €23,897 | €32,670 | €46,086 | ▲ 41.1% |
| Suppliers440/4 | - | - | - | €10,733 | €23,897 | €32,670 | €46,086 | ▲ 41.1% |
| Taxes, remuneration and social security45 | - | - | - | €43,699 | €50,158 | €64,995 | €35,124 | ▼ 46.0% |
| Taxes450/3 | - | - | - | €5,729 | €9,422 | €28,630 | €14,709 | ▼ 48.6% |
| Remuneration and social security454/9 | - | - | - | €37,970 | €40,737 | €36,365 | €20,415 | ▼ 43.9% |
| Other amounts payable47/48 | - | - | - | €12,645 | €10,657 | €9,793 | €9,744 | ▼ 0.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,133 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,444 | €4,055 | €28,281 | €17,071 | €16,961 | €70,429 | €55,701 | ▼ 20.9% |
| + Depreciation and write-downs630 | €67,052 | €86,939 | €87,657 | €92,833 | €74,842 | €82,088 | €79,961 | ▼ 2.6% |
| Operating cash flow (approximation) | €56,607 | €90,994 | €115,938 | €109,904 | €91,803 | €152,518 | €135,662 | ▼ 11.1% |
| Investment in fixed assets (approximation) | - | -€570,463 | -€60,704 | -€7,545 | -€41,424 | -€1,299 | -€6,391 | ▼ 392% |
| Change in cash | - | €34,183 | €12,409 | €8,748 | -€60,074 | €36,396 | €150,956 | ▲ 315% |
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 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 31-10-2025 | 2025-00557266 |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00423367 |
| 31-12-2022 | micro format | 30-10-2023 | 2023-00497114 |
| 31-12-2021 | micro format | 27-09-2022 | 2022-20436709 |
| 31-12-2020 | micro format | 31-10-2021 | 2021-76700384 |
| 31-12-2019 | micro format | 31-10-2020 | 2020-68700300 |
| 31-12-2018 | micro format | 30-09-2019 | 2019-66500394 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-53100308 |
| 31-12-2016 | micro format | 22-08-2017 | 2017-45000542 |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-59000357 |
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Of the 4,610 active companies whose main activity is insurance agents and brokers (NACE 66220), figures are known for 3,210. 2,796 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €334 awarded · €334 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €51 | €51 |
| 2023 | 1 | €96 | €96 |
| 2022 | 1 | €187 | €187 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.