PROFION

Inactive KBO/BCE: BE 0456.896.427

PROFION

Follow Report

Overview

Lifetime

16 annual accounts with figures on one time axis, 26 filings since 1996

peak €148,750 (2015)

€23,538▲ €33,914

lowest -€56,056 (2007)

€24,970▲ €44,462

peak €141,553 (2021)

€141,553▲ 21.4%

€18,745▼ 75.6%

peak 1 FTE (2019)

-not published

Board1 name since 2003

1 directorMICHIELSEN Patrick

Documentsfilings and deeds

13-10-202274 days late

2021micro format

Gross margin from -€10,376 to €23,538Back to profit: €24,970Equity from €116,583 to €141,553Debts from €76,687 to €18,745Investments €1,288Cash from €18,330 to €8,061

Key points

from the 2021 annual accounts, the last ones filed

Liquidity

7.77 was 2.34 in 2020

Short-term debts fell from €76,687 to €18,745.

Filings

26 annual accounts since 1996

Three of the last ten came late. The 2021 accounts came latest: 74 days after the end of the period.

No score

Board and ownership

MICHIELSEN Patrick

Director, since 22-05-2003

Shares in 1 company, 3W SELECT

Board & ownership

Recent changes

17-07-2025

Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Antwerp division · judgment of 02-07-2025 · Bankruptcy

15-02-2023

Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 09-02-2023 · Bankruptcy

11-07-2022

Registered office moved from Wilrijk to Antwerp New registered office: Grétrystraat 23 b3, 2018 Antwerpen · Previous registered office: Sterrenlaan 60 te 2610 Wilrijk · Board meeting of 01-04-2022 · Gazette deed

24-01-1996

Incorporation 16 publications in the Belgian Official Gazette, the last on 11-07-2022 · Gazette deed

All 36 events

Official details

Source: KBO

Status: Inactivedeed of incorporation of 24-01-1996 · bankruptcy closed on 02-07-2025
Activity: No activity registered in the KBO
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Annual accounts 2021

: €23,538
: ≈ €180,000estimated
: €24,970
: €141,553▲ 21.4%
: €160,298▼ 17.1%
Filing: Filed on 13-10-2022

Financials

Insights on PROFION

On 9 February 2023 the court declared PROFION bankrupt.

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

Financials

Annual accounts 2021

micro format, filed on 13-10-2022, 74 days late

€23,538

▲ €33,914

€21,590

▲ €50,082

€24,970

▲ €44,462

€126,925

▲ 23.5%

88.3%

▲ 28.0 percentage points

7.77

▲ 5.43

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €180,000. Estimated: probably between €82,000 and €430,000.

Balance sheet

balance sheet total €160,298 on 31-12-2021

What the company ownsHow it is paid for

in euro

Staff

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

Filed annual accounts

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

Line	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	160,298	193,270	244,235	190,689	178,685	186,312	195,240	155,813	121,420	105,027	122,469	73,667	77,061	75,116	58,245	140,744
`21/28`	14,628	13,839	3,133	4,035	1,481	2,029	2,949	6,046	3,654	4,014	5,243	4,024	1,129	1,100	3,278	101,981
`22/27`	2,328	1,539	3,133	4,035	1,481	2,029	2,949	6,046	3,579	3,939	5,007	3,788	893	864	3,042	1,905
`24`	2,328	1,539	3,133	4,035	1,481	2,029	2,949	6,046	3,579	3,939	5,007	3,788	893	864	3,042	1,905
`28`	12,300	12,300	-	-	-	-	-	-	75	75	236	236	236	236	236	100,076
`29/58`	145,670	179,432	241,101	186,654	177,204	184,283	192,290	149,767	117,766	101,013	117,226	69,643	75,932	74,016	54,967	38,763
`29`	82,700	82,700	85,000	85,000	85,000	85,000	-	-	-	-	-	-	-	-	-	-
`291`	82,700	82,700	85,000	85,000	85,000	85,000	-	-	-	-	-	-	-	-	-	-
`40/41`	53,309	76,148	130,847	88,056	30,395	29,877	71,688	36,440	30,600	19,072	31,178	1,902	56,580	16,275	15,986	673
`40`	1,725	8,979	5,355	3,493	2,775	2,346	19,888	24,440	24,600	19,072	25,316	946	13,408	16,275	15,986	673
`41`	51,583	67,168	125,492	84,562	27,620	27,532	51,800	12,000	6,000	-	5,862	956	43,172	-	-	-
`50/53`	-	-	-	-	619	619	619	619	618	2,590	2,570	2,558	7,498	35,344	26,622	19,034
`54/58`	8,061	18,330	22,546	10,151	57,708	65,471	114,626	107,641	81,884	74,102	78,497	60,546	6,929	11,200	3,070	14,210
`490/1`	1,600	2,254	2,708	3,447	3,484	3,317	5,358	5,067	4,664	5,248	4,981	4,637	4,925	11,197	9,289	4,846
Balance sheet: equity and liabilities
`10/49`	160,298	193,270	244,235	190,689	178,685	186,312	195,240	155,813	121,420	105,027	122,469	73,667	77,061	75,116	58,245	140,744
`10/15`	141,553	116,583	136,075	102,204	95,467	80,352	63,195	50,478	52,255	49,124	71,960	53,981	51,838	32,163	2,605	58,662
`10/11`	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000
`100`	-	-	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000
`13`	116,553	91,583	111,075	77,204	70,467	55,352	38,195	25,478	27,255	24,124	46,960	28,981	26,838	7,163	33,662	33,662
`130/1`	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	1,683	1,683	1,683
`1311`	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	114,053	89,083	108,575	74,704	67,967	52,852	35,695	22,978	24,755	21,624	44,460	26,481	24,338	5,480	31,979	31,979
`14`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-56,056	-
`17/49`	18,745	76,687	108,160	88,485	83,218	105,960	132,045	105,336	69,166	55,903	50,510	19,685	25,223	42,953	55,640	82,082
`17`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,609
`170/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,609
`42/48`	18,745	76,687	108,160	88,485	83,218	105,960	132,045	105,266	68,866	55,903	49,250	19,685	25,223	42,953	55,640	69,233
`42`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,609	12,940
`43`	9,502	-	13,330	-	-	500	-	-	-	-	-	-	-	-	-	-
`430/8`	9,502	-	13,330	-	-	500	-	-	-	-	-	-	-	-	-	-
`44`	3,010	3,799	8,789	7,186	7,019	2,636	2,161	7,105	2,246	2,669	7,671	1,145	1,326	1,671	500	6,408
`440/4`	3,010	3,799	8,789	7,186	7,019	2,636	2,161	7,105	2,246	2,669	7,671	1,145	1,326	1,671	500	6,408
`45`	6,233	17,888	31,041	21,299	28,200	54,823	42,376	38,061	21,035	11,540	17,579	8,540	11,896	11,465	5,940	11,425
`450/3`	6,233	17,888	26,235	19,346	28,200	54,823	42,376	38,061	21,035	11,540	17,579	8,540	4,695	6,814	2,938	8,525
`454/9`	-	-	4,806	1,953	-	-	-	-	-	-	-	-	7,201	4,651	3,002	2,900
`47/48`	-	55,000	55,000	60,000	48,000	48,000	87,508	60,099	45,585	41,693	24,000	10,000	12,000	29,817	36,591	38,460
`492/3`	-	-	-	-	-	-	-	70	300	-	1,260	-	-	-	-	240
Income statement
`76A`	500	-	-	-	-	-	-	1,158	-	-	6,497	-	-	-	-	-
`9900`	23,538	-10,376	132,406	82,501	77,900	76,147	148,750	91,014	68,611	70,412	54,003	39,798	60,076	63,539	50,269	33,197
`62`	-	14,286	33,127	13,069	-	-	-	-	-	-	-	20,536	23,863	27,365	6,439	-
`630`	498	1,925	2,038	1,904	1,068	1,078	5,910	5,394	1,887	1,897	1,951	1,687	961	2,877	2,687	1,354
`640/8`	1,450	1,905	2,502	2,580	4,116	2,499	2,446	3,556	3,390	3,657	5,695	2,792	2,714	3,255	1,557	1,776
`66A`	-	-	-	-	-	576	10	-	-	-	2,253	-	-	-	-	-
`9901`	21,590	-28,492	94,739	64,949	72,716	71,994	140,394	82,064	63,335	64,858	46,357	14,784	32,538	30,043	39,586	30,067
`75/76B`	7,016	10,826	10,216	5,888	3,549	1,485	559	261	33	23	397	62	791	1,154	400	130
`75`	7,016	10,826	10,216	5,888	3,549	1,485	559	261	33	23	397	62	791	1,154	400	130
`65/66B`	375	1,544	958	489	763	693	776	887	732	928	923	1,157	952	1,465	95,983	2,827
`65`	375	1,544	958	489	763	693	776	887	732	928	923	1,157	952	1,465	95,983	2,827
`9903`	28,231	-19,210	103,997	70,348	75,501	72,786	140,166	82,596	62,636	63,953	50,075	13,689	32,377	29,731	-55,997	27,370
`67/77`	3,261	282	15,126	3,611	12,387	7,629	40,448	24,373	15,506	10,788	8,097	1,546	702	173	60	786
`9904`	24,970	-19,492	88,871	66,737	63,115	65,157	99,718	58,223	47,130	53,165	41,978	12,143	31,675	29,558	-56,056	26,584
`9905`	24,970	-19,492	88,871	66,737	63,115	65,157	99,718	58,223	47,130	53,165	41,978	12,143	31,675	29,558	-56,056	26,584
Appropriation of the result
`9906`	24,970	-19,492	88,871	66,737	63,115	65,157	99,718	58,223	47,130	53,165	41,978	12,143	31,675	-26,498	-56,056	26,584
`791/2`	-	19,492	-	-	-	-	-	1,777	-	40,000	-	-	-	26,498	-	-
`691/2`	24,970	-	33,871	6,737	15,115	17,157	12,718	-	3,130	17,165	17,978	2,143	19,675	-	-	26,584
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	817	-	-	1,329
`6921`	24,970	-	33,871	6,737	15,115	17,157	12,718	-	3,130	17,165	17,978	2,143	18,858	-	-	25,255
`694/7`	-	-	55,000	60,000	48,000	48,000	87,000	60,000	44,000	76,000	24,000	10,000	12,000	-	-	-
`694`	-	-	-	-	-	-	60,000	40,000	20,000	40,000	-	-	-	-	-	-
`695`	-	-	55,000	60,000	48,000	48,000	27,000	20,000	24,000	36,000	24,000	10,000	12,000	-	-	-
Social balance sheet
`9087`	-	0.7	1	0.4	-	-	-	-	-	-	-	0.5	0.5	0.7	0.2	-
Hours worked`1013`	-	638	1,809	805	-	-	-	-	-	-	-	808	808	1,216	352	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 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 2021 (PDF), filed on 13-10-2022.

Download as CSV

Filings

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

2021 annual accounts filed 74 days after the deadline. Filed on 13 October 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20458976.

Financial year	Type	Filed	Reference	Document
31-12-2021	micro format	13-10-2022	2022-20458976	PDF
31-12-2020	micro format	31-08-2021	2021-63300377	PDF
31-12-2019	micro format	28-08-2020	2020-47600185	PDF
31-12-2018	micro format	17-05-2019	2019-14000022	PDF
31-12-2017	micro format	24-05-2018	2018-14000359	PDF
31-12-2016	abbreviated format	31-05-2017	2017-14300407	PDF
31-12-2015	abbreviated format	13-05-2016	2016-12400514	PDF
31-12-2014	abbreviated format	13-05-2015	2015-12000319	PDF
31-12-2013	abbreviated format	30-04-2014	2014-11000311	PDF
31-12-2012	abbreviated format	21-05-2013	2013-12800436	PDF
31-12-2011	abbreviated format	24-05-2012	2012-12600575	PDF
31-12-2010	abbreviated format	13-05-2011	2011-11300343	PDF
31-12-2009	abbreviated format	19-05-2010	2010-12300163	PDF
31-12-2008	abbreviated format	22-05-2009	2009-16000222	PDF
31-12-2007	abbreviated format	20-05-2008	2008-15000168	PDF
31-12-2006	abbreviated format	16-05-2007	2007-14900242	PDF
31-12-2005	abbreviated format	19-05-2006	2006-15502745	PDF
31-12-2004	abbreviated format	18-05-2005	2005-15303924	PDF
31-12-2003	abbreviated format	25-02-2004	2004-05405049	PDF
31-12-2002	abbreviated format	06-05-2003	2003-13002019	PDF
31-12-2001	abbreviated format	26-06-2002	2002-27603073	PDF
31-12-2000	abbreviated format	18-05-2001	2001-12900300	PDF
31-12-1999	abbreviated format	15-05-2000	2000-12800019	PDF
31-12-1998	abbreviated format	12-05-1999	1999-09702811	PDF
31-12-1997	abbreviated format	18-05-1998	1998-09704630	PDF
31-12-1996	abbreviated format	13-05-1997	1997-07404631	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
22,088	-26,567	96,777	66,852	73,783	73,073	146,303	87,458	65,222	66,755	48,308	16,471	33,499	32,920	42,273	31,421
25,468	-17,567	90,909	68,641	64,182	66,235	105,627	63,617	49,017	55,062	43,929	13,830	32,636	32,435	-53,369	27,938
1,288	12,630	1,136	4,458	520	733	2,813	7,861	1,527	830	12,511	4,582	990	699	3,986	1,818
-10,269	-4,216	12,395	-47,556	-7,763	-49,156	6,985	25,757	7,782	-4,395	17,951	53,617	-4,271	8,130	-11,140	-
126,925	102,744	132,941	98,169	93,986	78,324	60,246	44,502	48,900	45,110	67,977	49,958	50,709	31,063	-673	-30,470
88.3%	60.3%	55.7%	53.6%	53.4%	43.1%	32.4%	32.4%	43.0%	46.8%	58.8%	73.3%	67.3%	42.8%	4.5%	41.7%
7.77	2.34	2.23	2.11	2.13	1.74	1.46	1.42	1.71	1.81	2.38	3.54	3.01	1.72	0.99	0.56
0.13	0.66	0.79	0.87	0.87	1.32	2.09	2.09	1.32	1.14	0.70	0.36	0.49	1.34	21.36	1.40
17.6%	-16.7%	65.3%	65.3%	66.1%	81.1%	157.8%	115.3%	90.2%	108.2%	58.3%	22.5%	61.1%	91.9%	-	45.3%
15.6%	-10.1%	36.4%	35.0%	35.3%	35.0%	51.1%	37.4%	38.8%	50.6%	34.3%	16.5%	41.1%	39.3%	-96.2%	18.9%
58.89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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.

Investments

fixed assets acquired

Item	2021
Tangible fixed assets	€1,288
	€498

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

Insights on PROFION

The operating result for 2021 is a profit of €21,590, after a loss of €28,492 in 2020.

Debt's share of the balance-sheet total falls from 39.7% to 11.7%. Equity is higher and debt is lower.

Board & ownership

Curator

1 mandate

Wilfried Joris

Curator, Marktplein 22, 2110 Wijnegem

from 09-02-2023 to 02-07-2025

Also on 38 other cases

Last board

1 director

MICHIELSEN Patrick

Director

since 22-05-2003

listed in the 2021 annual accounts, filed on 13-10-2022

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

MICHIELSEN Patrick
Director

BoardBankruptcy 09-02-2023

Mandates as a list

MICHIELSEN Patrick
- Director, from 22-05-2003, until the bankruptcy of 09-02-2023

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

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €25,000
Source: 2021 annual accounts

Network & group

Holdings

own 2021 accounts

This companyPROFION1 holding, 1 country 2021 accounts

Belgium 1 Equity Result

BE 3W Select20% -€486,026 result -€76,841

Source: list of holdings in its own 2021 accounts. Every holding stands with its own latest accounts.

Holdings and subsidiaries

1 holding

Share, source and own figures per holding (1)

3W SELECT
Equity -€486,026 Loss of €76,841 in 2025 (loss of €55,313 in 2024) Checked score 53
Sourceown accounts 2021

20%

Holdings through the years 2006 to 2021

Holdings through the years
Name	2006	2020
3W SELECT 2020 to 2021: 20%		20%
Eswan BVNL 2006: 100%	100%
Ruwan Holding BVNL 2006: 33%	33%

Source: list of holdings in its own accounts

Board mandates elsewhere

1 board mandate

Board mandates of PROFIONPROFION sits on their board1

3W SELECT

Director

Founded in 2018 · total assets €160,132 (2025) · negative equity · group SEPARCO

Connections & network

1 last director

Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet

Timeline

36 events since 1996

Filings

Financial

Insolvency

Address

200020052010201520202025

2025

17-07-2025

Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Antwerp division · judgment of 02-07-2025

2023

15-02-2023

Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 09-02-2023

2022

13-10-2022

Annual accounts 2021 filed PDFmicro format · 74 days late

11-07-2022

Registered office moved from Wilrijk to AntwerpNew registered office: Grétrystraat 23 b3, 2018 Antwerpen · Previous registered office: Sterrenlaan 60 te 2610 Wilrijk · Board meeting of 01-04-20222 points ▸

Board meeting, 01-04-2022
Registered-office move, Grétrystraat 23 b3, 2018 Antwerpen

Open the deed in the Belgian Official Gazette

2021

31-12-2021

Back to profit net €24,970 The net result is €24,970, after one loss-making year.

31-12-2021

Liquidity more than triples current ratio 7.77 The current ratio rises from 2.34 to 7.77. Short-term debt falls from €76,687 to €18,745.

31-08-2021

Annual accounts 2020 filed PDFmicro format · 31 days late

2020

28-08-2020

Annual accounts 2019 filed PDFmicro format · 28 days late

2019

17-05-2019

Annual accounts 2018 filed PDFmicro format · 75 days before the deadline

2018

31-12-2018

Equity above €100,000 equity €102,204 ▲7.1% After 11 profitable years in a row, equity reaches €102,204.

24-05-2018

Annual accounts 2017 filed PDFmicro format · 68 days before the deadline

2017

31-05-2017

Annual accounts 2016 filed PDFabbreviated format · 61 days before the deadline

2016

13-05-2016

Annual accounts 2015 filed PDFabbreviated format · 79 days before the deadline

2015

31-12-2015

Highest result from 2006 to 2021 net €99,718 ▲71.3% The operating result of €140,394 and the net result of €99,718 are both a record.

13-05-2015

Annual accounts 2014 filed PDFabbreviated format · 79 days before the deadline

2014

30-04-2014

Annual accounts 2013 filed PDFabbreviated format · 92 days before the deadline

2013

21-05-2013

Annual accounts 2012 filed PDFabbreviated format · 71 days before the deadline

2012

24-05-2012

Annual accounts 2011 filed PDFabbreviated format · 68 days before the deadline

2011

13-05-2011

Annual accounts 2010 filed PDFabbreviated format · 79 days before the deadline

2010

19-05-2010

Annual accounts 2009 filed PDFabbreviated format · 73 days before the deadline

2009

22-05-2009

Annual accounts 2008 filed PDFabbreviated format · 70 days before the deadline

2008

31-12-2008

Back to profit net €29,558 The net result is €29,558, after one loss-making year.

20-05-2008

Annual accounts 2007 filed PDFabbreviated format · 72 days before the deadline

2007

31-12-2007

Weakest financial year net -€56,056 The net result drops to -€56,056, the lowest from 2006 to 2021.

16-05-2007

Annual accounts 2006 filed PDFabbreviated format · 76 days before the deadline

2006

19-05-2006

Annual accounts 2005 filed PDFabbreviated format

2005

18-05-2005

Annual accounts 2004 filed PDFabbreviated format

2004

25-02-2004

Annual accounts 2003 filed PDFabbreviated format

2003

06-05-2003

Annual accounts 2002 filed PDFabbreviated format

2002

26-06-2002

Annual accounts 2001 filed PDFabbreviated format

2001

18-05-2001

Annual accounts 2000 filed PDFabbreviated format

2000

15-05-2000

Annual accounts 1999 filed PDFabbreviated format

1999

12-05-1999

Annual accounts 1998 filed PDFabbreviated format

1998

18-05-1998

Annual accounts 1997 filed PDFabbreviated format

1997

13-05-1997

Annual accounts 1996 filed PDFabbreviated format

1996

24-01-1996

Incorporation 16 publications in the Belgian Official Gazette, the last on 11-07-2022

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

The registered office was moved to Antwerp in 2022.¹ Total assets fell from €190,689 in 2018 to €160,298 in 2021 and headcount from 0.4 full-time equivalents in 2018 to 0.7 in 2020.² The bankruptcy of PROFION was declared on 9 February 2023 and closed on 2 July 2025.³⁴

Company details

Inactive

PROFION is no longer in the KBO register.

Last annual accounts: financial year to 31 December 2021
Last registered office: Sterrenlaan 60, 2610 Wilrijkas published on 11 July 2022
Legal form: Private limited company (pre-2019)
First annual accounts: financial year 1996

Official KBO record

Overview

Lifetime

Key points

Liquidity

Filings

Board and ownership

Recent changes

Official details

Annual accounts 2021

Insights on PROFION

Financials

Annual accounts 2021

Balance sheet

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on PROFION

Board & ownership

Curator

Last board

Mandates through the years

Control

Capital

Network & group

Holdings

Belgium 1 Equity Result

Holdings and subsidiaries

Holdings 1

Board mandates elsewhere

Connections & network

Timeline

Timeline

History

Company details

Inactive

in euro

in euro