PROFISC+

Active

Private limited companyfounded 2014active for 12 yearsAarschotsesteenweg 74, 2230 Herselt, BelgiumKBO/BCE: BE 0553.467.449

Summary

PROFISC+ has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €549,781 and a net result of €118,183. Equity grew by about 5.6% per year on average since 2018. In 2025 it fell by 62.8%. Its solvency ranks better than 64% of 4,127 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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PROFISC+ActiveChecked score 93/100

Risk analysis Report Compare

Overview

Official details

Source: KBO

Status: Active since 28-05-2014 Normal situation
Activity: Certified accountants and tax accountants NACE 69201
Establishment unit: 2.231.197.661 2230 Herselt, since 28-05-2014
Financial year end: 31 December
Peppol: Reachable since 06-05-2026

Company details

Board and ownership

Board

Nikki WillemsDirector · since 30-06-2025
PIAGROUP Belgium NVDirector · since 30-06-2025

Auditor: EY Bedrijfsrevisoren BV

Shareholders

PIA Group BeLux100%· score 852025 annual accounts of PIA Group BeLux

Board & ownership

Financial position

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Annual accounts 2025

Gross margin: €918,283; ▲ 0.5%
Turnover: ≈ €1.6m; estimated
Profit: €118,183; ▼ 63.8%
Equity: €549,781; ▼ 62.8%
Total assets: €928,161; ▼ 64.4%
Employees on 31-12-2025: 13; ▲ 62.5%

Net result -64%: branch of activity transferred

Financials

Score breakdownraises risk1 of the last 3 accounts latelowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 2.17, cash €283,447Equity €549,781 (59.2% of total assets)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 41% of micro companies in legal and accounting (NACE 69)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Strong

Solvency 84+2

equity 59.2% of total assets

Liquidity 69+14

short-term debt 40.1% · cash 30.5%

Profitability 85+1

return on assets 12.7%

Bankruptcy probability within 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,094 companies, NACE 69, micro)

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.3 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026highest value 08-2026: < 0.1%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Credit of up to €50,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.17 (2.73 in 2024), above the usual 1.5. Short-term debt is 40.1% and cash 30.5% of total assets. 40.8% of the assets are financed with debt and provisions.

Calculation

The band follows from the bankruptcy probability. 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 69, micro). It does better than 55% of them on solvency, 58% on liquidity, 42% on profitability and 9% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.

lowers riskraises riskneutral

Sector: Legal and accounting activities (NACE 69)

KBO

Liquidity: current ratio 2.17, cash €283,447

NBB · annual accounts

Equity €549,781 (59.2% of total assets)

NBB · annual accounts

1 of the last 3 accounts late

NBB · filings

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

23 days early

2024

342 days late

2023

9 days early

2022

16 days early

2021

16 days late

2020

4 days late

2019

19 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 accounts filed within 30 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

05-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 08-07-2026 at the NBB all 11 filings

Turnover

≈ €1.6m

Estimated: probably between €1.4m and €1.9m

Total assets

€928,161▼ 64.4%

2024 · €2.6m

Net result

€118,183▼ 63.8%

2024 · €326,080

Working capital

€434,278▼ 48.0%

2024 · €834,471

Multi-year overview

2018 to 2025, 8 financial years

Operating result

€246,713

▼ 49.0% 2025

20182025

Net result

€118,183

▼ 63.8% 2025

middle half of the sector

20182025

Equity

€549,781

▼ 62.8% 2025

middle half of the sector

20182025

Total assets

€928,161

▼ 64.4% 2025

middle half of the sector

20182025

Debt

€378,380

▼ 66.4% 2025

20182025

Working capital

€434,278

▼ 48.0% 2025

middle half of the sector

20182025

Solvency

59.2%

▲ 2.5pp 2025

middle half of the sector

20182025

Current ratio

2.17

▼ 0.56 2025

middle half of the sector

20182025

Return on assets (ROA)

12.7%

▲ 0.2pp 2025

middle half of the sector

20182025

Staff (FTE)

8.8

▲ 20.5% 2025

highest quarter of the sector

20182025

Every figure per financial year

Every figure with its change against the financial year before

favourable unfavourable

Line20182019202020212022202320242025

Operating result€0.3m-€0.2m▼ 12.2%€0.2m▼ 6.6%€0.2m▲ 5.8%€0.2m▼ 4.4%€0.3m▲ 41.2%€0.5m▲ 54.1%€0.2m▼ 49.0%

Net result€0.2m-€0.2m▼ 12.5%€0.1m▼ 22.6%€0.1m▲ 1.2%€0.1m▼ 6.2%€0.2m▲ 32.0%€0.3m▲ 84.2%€0.1m▼ 63.8%

Equity€0.4m-€0.6m▲ 48.6%€0.7m▲ 25.3%€0.8m▲ 20.4%€1.0m▲ 15.9%€1.2m▲ 18.1%€1.5m▲ 28.3%€0.5m▼ 62.8%

Total assets€1.1m-€1.3m▲ 21.1%€1.9m▲ 45.8%€2.0m▲ 3.6%€2.2m▲ 8.8%€2.4m▲ 10.2%€2.6m▲ 8.0%€0.9m▼ 64.4%

Debt€0.7m-€0.8m▲ 6.8%€1.2m▲ 60.6%€1.2m▼ 5.9%€1.2m▲ 3.7%€1.3m▲ 3.8%€1.1m▼ 10.6%€0.4m▼ 66.4%

Working capital€0.2m-€0.06m▼ 68.8%-€0.3m-€0.2m▲ 37.6%-€0.003m▲ 98.5%€0.5m€0.8m▲ 54.3%€0.4m▼ 48.0%

Solvency34.1%-41.9%▲ 7.8pp36.0%▼ 5.9pp41.9%▲ 5.9pp44.6%▲ 2.7pp47.8%▲ 3.2pp56.8%▲ 9.0pp59.2%▲ 2.5pp

Current ratio2.38-1.34▼ 1.040.58▼ 0.760.73▲ 0.161.00▲ 0.262.01▲ 1.022.73▲ 0.712.17▼ 0.56

Return on assets (ROA)19.0%-13.7%▼ 5.3pp7.3%▼ 6.4pp7.1%▼ 0.2pp6.1%▼ 1.0pp7.3%▲ 1.2pp12.5%▲ 5.2pp12.7%▲ 0.2pp

Staff (FTE)1.1-2.1▲ 90.9%2.4▲ 14.3%2.6▲ 8.3%4.7▲ 80.8%7.4▲ 57.4%7.3▼ 1.4%8.8▲ 20.5%

above within below The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 49% lower than in 2024 and the lowest since 2022.

Large changes and their cause

2025 Net result -64%, Equity -63%, Total assets -64% on 2024. Partial demerger to PFP Invest BV, Official Gazette 08-07-2025. Partial demerger to Singha Invest, Official Gazette 08-07-2025.

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

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €928,161

13.1%

86.9%

Fixed assets €122,041 ▼ 90.5%

Current assets €806,120 ▼ 38.8%

Equity and liabilities €928,161

59.2%

40.8%

Equity €549,781 ▼ 62.8%

Debt €378,380 ▼ 66.4%

Debt's share of the balance-sheet total falls from 43.2% to 40.8%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€260,324▼

2024 · €558,309

Cash flow

€131,794▼

2024 · €400,710

Debt to equity

0.69▼

2024 · 0.76

ROE

21.5%▼

2024 · 22.0%

Interest coverage

26.74▲

2024 · 18.32

Debt ≤ 1 year

€371,842▼

2024 · €483,282

Income taxes

€119,104▼

2024 · €127,293

Staff costs

€511,027▲

2024 · €341,580

Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet

Item	31-12-2021	31-12-2022	31-12-2023	31-12-2024	31-12-2025
Employees at the balance-sheet date	4	8	9	8	13
full-time	2	5	6	5	7
part-time	2	3	3	3	6
in full-time equivalents	3.3	6.9	7.9	7	11.5
Average over the year, in full-time equivalents	2.6	4.7	7.4	7.3	8.8
On a permanent contract	4	8	9	8	13
Joined	1	6	3	0	7
Left	0	2	2	1	2
Training hours	40	-	48	144	11

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2021	2022	2023	2024	2025
Tangible fixed assets	€53,768	€11,635	-	€24,972	€114,156
Depreciation and write-downs of the year	€85,464	€94,487	€94,487	€74,631	€13,612

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2024 · 1 entry · €300 awarded · €300 paid

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · €300 · €300 paid · Fonds voor Innoveren en Ondernemen

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines

Balance sheet Code20242025

Assets

Total assets20/58€2.6m€0.9m▼

Fixed assets21/28€1.3m€0.1m▼

Intangible fixed assets21€0.02m€0.01m▼

Tangible fixed assets22/27€1.3m€0.1m▼

Land and buildings22€1.3m-

Furniture and vehicles24€0.002m€0.1m▲

Current assets29/58€1.3m€0.8m▼

Amounts receivable within one year40/41€1.1m€0.5m▼

Trade receivables40€0.3m€0.5m▲

Other amounts receivable41€0.8m€0.02m▼

Cash at bank and in hand54/58€0.2m€0.3m▲

Deferred charges and accrued income490/1€0.02m€0.04m▲

Equity and liabilities

Total equity and liabilities10/49€2.6m€0.9m▼

Equity10/15€1.5m€0.5m▼

Contributions10/11€0.03m€0.004m▼

Reserves13€1.5m€0.2m▼

Non-distributable reserves130/1€0.003m€411▼

Reserves not available under the articles1311€0.003m€411▼

Distributable reserves133€1.5m€0.2m▼

Profit (loss) carried forward14-€0.3m

Amounts payable17/49€1.1m€0.4m▼

Amounts payable after more than one year17€0.6m-

Financial debts170/4€0.6m-

Amounts payable within one year42/48€0.5m€0.4m▼

Current portion of amounts payable after more than one year42€0.1m-

Financial debts43€0.002m-

Credit institutions430/8€0.002m-

Trade debts44€0.2m€0.1m▼

Suppliers440/4€0.2m€0.1m▼

Taxes, remuneration and social security45€0.2m€0.2m▲

Taxes450/3€0.1m€0.1m▼

Remuneration and social security454/9€0.06m€0.1m▲

Other amounts payable47/48-€0.03m

Accrued charges and deferred income492/3€0.02m€0.007m▼

Income statement Code20242025

Remuneration, social security and pensions62€0.3m€0.5m▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.07m€0.01m▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.005m€0.1m▲

Other operating charges640/8€0.008m€0.007m▼

Gross operating margin9900€0.9m€0.9m▲

Operating profit (loss)9901€0.5m€0.2m▼

Financial income75/76B€162€310▲

Recurring financial income75€162€310▲

Financial charges65/66B€0.03m€0.01m▼

Recurring financial charges65€0.03m€0.01m▼

Profit (loss) for the period before taxes9903€0.5m€0.2m▼

Income taxes67/77€0.1m€0.1m▼

Profit (loss) for the period9904€0.3m€0.1m▼

Profit (loss) for the period to be appropriated9905€0.3m€0.1m▼

Appropriation of the result

Profit (loss) to be appropriated9906€0.3m€0.3m▼

Profit (loss) brought forward from the previous period14P-€0.2m

Transfer to equity691/2€0.3m-

To other reserves6921€0.3m-

Social balance sheet

Average headcount (FTE)90877.38.8▲

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 08-07-2026.

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Non-recurring operating income76A	-	-	-	-	-	€1,132	-	-	-
Remuneration, social security and pensions62	-	-	-	€128,839	€212,453	€345,249	€341,580	€511,027	▲ 49.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€58,287	€86,833	€86,076	€85,464	€94,487	€94,487	€74,631	€13,612	▼ 81.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	-	-	-	-	-	-	€5,377	€140,364	▲ 26×
Other operating charges640/8	-	-	-	€5,143	€5,810	€10,660	€8,439	€6,567	▼ 22.2%
Gross operating margin9900	€407,377	€366,146	€436,030	€452,029	€535,009	€764,227	€913,704	€918,283	▲ 0.5%
Operating profit (loss)9901	€267,961	€235,354	€219,857	€232,583	€222,260	€313,831	€483,678	€246,713	▼ 49.0%
Financial income75/76B	-	-	-	€359	€225	€191	€162	€310	▲ 91.4%
Recurring financial income75	€145	€594	€1,769	€359	€225	€191	€162	€310	▲ 91.4%
Financial charges65/66B	-	-	-	€23,501	€17,498	€36,225	€30,468	€9,736	▼ 68.0%
Recurring financial charges65	€10,880	€8,761	€14,149	€23,501	€17,498	€36,225	€30,468	€9,736	▼ 68.0%
Profit (loss) for the period before taxes9903	€257,226	€227,187	€207,477	€209,441	€204,987	€277,798	€453,373	€237,287	▼ 47.7%
Income taxes67/77	€48,596	€44,634	€66,232	€66,486	€70,890	€100,732	€127,293	€119,104	▼ 6.4%
Profit (loss) for the period9904	€208,630	€182,552	€141,245	€142,955	€134,097	€177,066	€326,080	€118,183	▼ 63.8%
Profit (loss) for the period to be appropriated9905	€208,630	€182,552	€141,245	€142,955	€134,097	€177,066	€326,080	€118,183	▼ 63.8%

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€1.1m	€1.3m	€1.9m	€2.0m	€2.2m	€2.4m	€2.6m	€0.9m	▼ 64.4%
Fixed assets21/28	€0.8m	€1.1m	€1.5m	€1.5m	€1.4m	€1.3m	€1.3m	€0.1m	▼ 90.5%
Intangible fixed assets21	€0.05m	€0.09m	€0.07m	€0.06m	€0.04m	€0.03m	€0.02m	€0.01m	▼ 25.0%
Tangible fixed assets22/27	€0.7m	€1.0m	€1.5m	€1.5m	€1.4m	€1.3m	€1.3m	€0.1m	▼ 91.5%
Land and buildings22	-	-	-	€1.4m	€1.4m	€1.3m	€1.3m	-	-
Plant, machinery and equipment23	-	-	-	€0.003m	€0.002m	-	-	-	-
Furniture and vehicles24	-	-	-	€0.03m	€0.02m	€0.006m	€0.002m	€0.1m	▲ 47×
Current assets29/58	€0.3m	€0.2m	€0.4m	€0.5m	€0.8m	€1.1m	€1.3m	€0.8m	▼ 38.8%
Amounts receivable within one year40/41	€0.1m	€0.2m	€0.3m	€0.4m	€0.5m	€1.0m	€1.1m	€0.5m	▼ 55.1%
Trade receivables40	-	-	-	€0.2m	€0.2m	€0.3m	€0.3m	€0.5m	▲ 72.6%
Other amounts receivable41	-	-	-	€0.2m	€0.3m	€0.8m	€0.8m	€0.02m	▼ 97.7%
Cash at bank and in hand54/58	€0.2m	€0.05m	€0.07m	€0.1m	€0.2m	€0.06m	€0.2m	€0.3m	▲ 30.2%
Deferred charges and accrued income490/1	-	-	-	€0.002m	€0.001m	€0.001m	€0.02m	€0.04m	▲ 80.5%
Equity and liabilities
Total equity and liabilities10/49	€1.1m	€1.3m	€1.9m	€2.0m	€2.2m	€2.4m	€2.6m	€0.9m	▼ 64.4%
Equity10/15	€0.4m	€0.6m	€0.7m	€0.8m	€1.0m	€1.2m	€1.5m	€0.5m	▼ 62.8%
Contributions10/11	€0.03m	-	-	€0.03m	€0.03m	€0.03m	€0.03m	€0.004m	▼ 83.5%
Reserves13	€0.4m	€0.5m	€0.7m	€0.8m	€1.0m	€1.1m	€1.5m	€0.2m	▼ 83.5%
Non-distributable reserves130/1	-	-	-	€0.003m	€0.003m	€0.003m	€0.003m	€411	▼ 83.5%
Reserves not available under the articles1311	-	-	-	€0.003m	€0.003m	€0.003m	€0.003m	€411	▼ 83.5%
Distributable reserves133	-	-	-	€0.8m	€0.9m	€1.1m	€1.5m	€0.2m	▼ 83.5%
Profit (loss) carried forward14	-	-	-	-	-	-	-	€0.3m	-
Amounts payable17/49	€0.7m	€0.8m	€1.2m	€1.2m	€1.2m	€1.3m	€1.1m	€0.4m	▼ 66.4%
Amounts payable after more than one year17	€0.6m	€0.6m	€0.5m	€0.5m	€0.4m	€0.7m	€0.6m	-	-
Financial debts170/4	-	-	-	€0.5m	€0.4m	€0.7m	€0.6m	-	-
Amounts payable within one year42/48	€0.1m	€0.2m	€0.7m	€0.7m	€0.8m	€0.5m	€0.5m	€0.4m	▼ 23.1%
Current portion of amounts payable after more than one year42	-	-	-	€0.06m	€0.07m	€0.1m	€0.1m	-	-
Financial debts43	-	-	-	€0.4m	€0.5m	€0.09m	€0.002m	-	-
Credit institutions430/8	-	-	-	€0.4m	€0.5m	€0.09m	€0.002m	-	-
Trade debts44	€0.03m	€0.09m	€0.1m	€0.2m	€0.1m	€0.2m	€0.2m	€0.1m	▼ 43.0%
Suppliers440/4	-	-	-	€0.2m	€0.1m	€0.2m	€0.2m	€0.1m	▼ 43.0%
Taxes, remuneration and social security45	-	-	-	€0.04m	€0.08m	€0.2m	€0.2m	€0.2m	▲ 26.5%
Taxes450/3	-	-	-	€0.02m	€0.04m	€0.2m	€0.1m	€0.1m	▼ 6.1%
Remuneration and social security454/9	-	-	-	€0.02m	€0.04m	€0.03m	€0.06m	€0.1m	▲ 90.4%
Other amounts payable47/48	-	-	-	-	€163	-	-	€0.03m	-
Accrued charges and deferred income492/3	-	-	-	€0.02m	€0.03m	€0.02m	€0.02m	€0.007m	▼ 73.1%

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€0.2m	€0.2m	€0.1m	€0.1m	€0.1m	€0.2m	€0.3m	€0.1m	▼ 63.8%
+ Depreciation and write-downs630	€0.06m	€0.09m	€0.09m	€0.09m	€0.09m	€0.09m	€0.07m	€0.01m	▼ 81.8%
Operating cash flow (approximation)	€0.3m	€0.3m	€0.2m	€0.2m	€0.2m	€0.3m	€0.4m	€0.1m	▼ 67.1%
Investment in fixed assets (approximation)	-	-€0.4m	-€0.5m	-€0.05m	-€0.01m	€0	-€0.02m	€1.2m	-
Change in cash	-	-€0.2m	€0.02m	€0.03m	€0.1m	-€0.2m	€0.2m	€0.07m	▼ 58.6%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 34,693 companies had the same profile as PROFISC+ has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.

Micro
10 to 20 years old
solvency 30% or more
a profit of 5% of the balance sheet or more

95.3% was still going

3.9% stopped otherwise

0.7% went bankrupt

That fits the bankruptcy probability of PROFISC+ itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for PROFISC+. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 11 filings with the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	08-07-2026	2026-00268250	PDF
31-12-2024	abbreviated format	08-07-2026	2026-00269016	PDF
31-12-2023	abbreviated format	22-07-2024	2024-00268025	PDF
31-12-2022	abbreviated format	15-07-2023	2023-00247162	PDF
31-12-2021	abbreviated format	16-08-2022	2022-20308102	PDF
31-12-2020	abbreviated format	04-08-2021	2021-46400212	PDF
31-12-2019	micro format	19-08-2020	2020-42600297	PDF
31-12-2018	micro format	26-07-2019	2019-39200039	PDF
31-12-2017	micro format	27-08-2018	2018-50900469	PDF
31-12-2016	micro format	30-08-2017	2017-55600283	PDF

Show all 11 filings

Board & ownership

Directors

2 directors, last change in 2025

Deed of 21-11-2025Appointment: Ernst&YoungBedrijfsrevisoren (statutory auditor)Permanent representative: DEKETELE Brecht

Board 2

Nikki Willems

Additional director · since 30-06-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 08-07-2026

Current

PIAGROUP Belgium NV

Additional director · since 30-06-2025 · Legal entity · listed in the 2025 annual accounts, filed on 08-07-2026

Current

Statutory auditor 1

EY Bedrijfsrevisoren BV

Statutory auditor · since 12-11-2025 · listed in the 2025 annual accounts, filed on 08-07-2026

Current

Office holders in the KBO →

Owners and capital

Shareholders

1 owner

Chain of control

ENTERHOLD S.A.LU consolidated
BALTISSE 100%
LPI Holdco 91.17%
LPI Maatschap 62.38%
PIAGROUP International 100%
PIA Group BeLux 100%
PROFISC+

PIA Group BeLuxparent
Sourcedeed 26-08-2025accounts PIA Group BeLux 2025
Equity €77.1m Loss of €1.9m in 2025 (profit of €11.7m in 2024) Checked score 85

100%

Capital transactions

Shareholders according to the deeds

Stated in the deed deed of 26-08-2025 ↗

PIAGROUP Belgium NV (BE 0718.884.618) all shares

At incorporation deed of 20-05-2025 ↗

SYO (BE 0450.299.734) founder
NLW CONSULT (BE 0628.822.591) founder

Capital over time

21-11-2025 Capital stated in the deed · 100 shares
08-07-2025 Capital reduction of €1,236,176.53 · to €243,521.68
20-05-2025 Incorporation · €27,500 · 100 shares

Mandate history

6 people, 3 in office

All 6 In office 3 Ended 3

Board
Statutory auditor
mandate already running before its first mention
end not dated

Mandates per person, with start and end dates
Name	Functions and periods
Nikki Willems	Additional director, from 30-06-2025 to date
PIAGROUP Belgium NV	Additional director, appointed by deed of 26-08-2025, still in office
EY Bedrijfsrevisoren BV	Statutory auditor, from 12-11-2025 to date
Ernst&YoungBedrijfsrevisoren	Statutory auditor, appointed by deed of 21-11-2025, no longer listed in the 2025 annual accounts
PIA Group BeLux	Additional director, appointed by deed of 26-08-2025, no longer listed in the 2025 annual accounts
SIONGERS Johan	Statutory director, until 08-07-2025

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

Articles of association

Board rule: “Indien geen meerderheid, hoedanigheid voorzitter opgenomen in register, meerderheid gecertificeerde accountants, gecertificeerde…”

Articles of association, deed of 21-11-2025 (in Dutch)

Network & group

Part of the group ENTERHOLD S.A. 133 companies Group, risk and exposure

Acquisitions and mergers

2 transactions

Split off to:PFP Invest BV

BE 0752.665.362partial demerger · Gazette deed of 08-07-2025 (4 deeds)

Split off to:Singha Invest

BE 1024.817.272partial demerger · Gazette deed of 08-07-2025 (4 deeds)

Companies at the same address

4 other companies

Connections & network

2 current directors

Depth

The network starts from the directors of PROFISC+. Every other company they run is a node.

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

Timeline

Deeds, filings and financial milestones

All 20Financial 5Gazette 5Filings 10 of 11

Deadline for the 2026 accounts: 31-07-2027

2026

08-07

NBB filing Annual accounts 2025 filedNBB

abbreviated format · 23 days before the deadline

08-07

NBB filing Annual accounts 2024 filedPDF

abbreviated format · 342 days late

2025

31-12

Financial Weakest financial yearnet €118,183 ▼63.8%

The net result drops to €118,183, the lowest from 2018 to 2025.

21-11

Gazette deed Appointment: Ernst&YoungBedrijfsrevisoren (statutory auditor)

Permanent representative: DEKETELE Brecht6 points ▸

Auditor appointment, Ernst&YoungBedrijfsrevisoren (statutory auditor)
Permanent representative, DEKETELE Brecht
General meeting, 12-11-2025
General meeting, 26-06-2026
100 shares
Power of attorney, Tim CARNEWAL
The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

26-08

Gazette deed 2 directors appointed

Appointments: PIAGROUP Belgium NV (additional director) and Nikki Willems (additional director) · Permanent representative: Steven Brouckaert · PIAGROUP Belgium NV holds all the shares8 points ▸

General meeting, 30-06-2025
Director appointment, PIAGROUP Belgium NV (additional director)
Permanent representative, Steven Brouckaert
Director appointment, Nikki Willems (additional director)
Board composition, Johan Siongers (director)
Board composition, Nikki Willems (director)
Board composition, PIAGROUP Belgium NV (director)
PIAGROUP Belgium NV holds all the shares

Open the deed in the Belgian Official Gazette

08-07

Gazette deed Demerger: PROFISC+ splits off to PFP Invest BV

Capital decrease of €1,236,176.53 to €243,521.68 · Capital from €1,479,698.21 to €243,521.68 · Resignation: SIONGERS Johan (statutory director)8 points ▸

General meeting, 25-06-2025
SIONGERS Johan holds 2,173 shares
WILLEMS Nikki holds 931 shares
SIONGERS Johan holds 84 shares
WILLEMS Nikki holds 36 shares
Capital decrease, €1,236,176.53
Capital, €243,521.68
Director resignation, SIONGERS Johan (statutory director)
The deed holds 16 more points.

Open the deed in the Belgian Official Gazette

20-05

Gazette deed Demerger proposal: PROFISC+ splits off to PFP Invest

Permanent representatives: Johan Ludovicus Franciscus SIONGERS and Nikki Luc WILLEMS · Appointment: COMPASS AUDIT BV (statutory auditor) · Founder: SYO (director and founder)12 points ▸

Director in office, Johan Ludovicus Franciscus SIONGERS (statutory director)
Director in office, SYO
Director in office, NLW CONSULT
Founder, SYO (director and founder)
Founder, NLW CONSULT (director and founder)
Permanent representative, Johan Ludovicus Franciscus SIONGERS (vertegenwoordigd door), mentioned twice in the deed
Permanent representative, Nikki Luc WILLEMS (vertegenwoordigd door), mentioned twice in the deed
Capital, €27,500, 100 shares
Share issue, €120
Accounting effect, 01-01-2025
Auditor appointment, COMPASS AUDIT BV
Johan Ludovicus Franciscus SIONGERS is a shareholder, mentioned twice in the deed
The deed holds 23 more points.

Open the deed in the Belgian Official Gazette

2024

31-12

Financial Highest result from 2018 to 2025net €326,080 ▲84.2%

The operating result of €483,678 and the net result of €326,080 are both a record.

22-07

NBB filing Annual accounts 2023 filedPDF

abbreviated format · 9 days before the deadline

2023

31-12

Financial Liquidity doublescurrent ratio 2.01

The current ratio rises from 1.00 to 2.01. Short-term debt falls from €760,111 to €534,286.

31-12

Financial Equity above €1mequity €1.2m ▲18.1%

With a profit in every financial year since 2018, equity grows to €1.2m.

15-07

NBB filing Annual accounts 2022 filedPDF

abbreviated format · 16 days before the deadline

Show earlier events

2022

16-08

NBB filing Annual accounts 2021 filedPDF

abbreviated format · 16 days late

2021

04-08

NBB filing Annual accounts 2020 filedPDF

abbreviated format · 4 days late

2020

19-08

NBB filing Annual accounts 2019 filedPDF

micro format · 19 days late

2019

31-12

Financial Equity above €500,000equity €558,332 ▲48.6%

With a profit in every financial year since 2018, equity grows to €558,332.

26-07

NBB filing Annual accounts 2018 filedPDF

micro format · 5 days before the deadline

2018

27-08

NBB filing Annual accounts 2017 filedPDF

micro format · 27 days late

2017

30-08

NBB filing Annual accounts 2016 filedPDF

micro format · 30 days late

2014

02-06

Gazette deed IncorporationPDF

Show all 11 filings

Financial milestoneGazette deedNBB filingFinancial 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

PROFISC+ was incorporated on 28 May 2014.¹ The company has filed 11 sets of annual accounts, the latest for financial year 2025.²

Company details

Register details

Identity

KBO record

Name PROFISC+ in Dutch

Enterprise number 0553.467.449

Legal form Private limited company

Status Active, normal situation

Founded 28-05-2014

Entity type Legal entity

Duration

Unlimited

deed of 21-11-2025 (in Dutch)

Registered office clause

“Vlaamse Gewest”

deed of 21-11-2025 (in Dutch)

Registered office and establishments

Registered office Aarschotsesteenweg 74, 2230 Herselt, Belgium

Establishment unit PROFISC+, Aarschotsesteenweg 74, 2230 Herselt since 28-05-2014 · unit number 2.231.197.661

Activities

NACEBEL 2025

VAT activities

69201 Certified accountants and tax accountants main activity

Social security (RSZ) activities

69201 Certified accountants and tax accountants main activity

Codes under NACEBEL 2008

VAT activities

69201 Accountants main activity

Social security (RSZ) activities

69202 Legal and accounting activities main activity

Purpose

“De organisatie van boekhoudkundige diensten en raadgeving daaromtrent; Het openen, het houden, het centraliseren en het sluiten van…”

18 activities

De organisatie van boekhoudkundige diensten en raadgeving daaromtrent
Het openen, het houden, het centraliseren en het sluiten van boekingen, geschikt voor het opmaken van de rekeningen
Het bepalen van de resultaten en het opmaken van de jaarrekening in de door de wet bepaalde vorm
Het belastingadvies, bijstand en vertegenwoordiging van belastingplichtigen in alle belastingaangelegenheden
Studie-, organisatie- en raadgevend bureau betreffende financiële, fiscale en sociale aangelegenheden
Juridische adviesverlening, in het bijzonder dan de bijstand bij de oprichting en vereffening van vennootschappen
De vennootschap mag via inbreng, fusie, inschrijving, belangen nemen in of optreden als bestuurder van andere rechtspersonen of burgerlijke vennootschappen met een gelijkaardig voorwerp
De vennootschap mag optreden als vereffenaar van andere vennootschappen
De vennootschap mag alle verrichtingen, met inbegrip van financiële, roerende en onroerende verrichtingen doen die rechtstreeks of onrechtstreeks verband houden met het voorwerp van de vennootschap voor zover die verrichtingen in overeenstemming zijn met de plichtenleer die geldt voor het beroep van boekhouder
Het beheer van deelnemingen onder welke vorm ook, in alle Belgische of buitenlandse ondernemingen. Het verwerven en beheren van onroerende goederen en/of zakelijke rechten daarop, in België of in het buitenland. Het vormen en beheren van een roerend patrimonium bestaande uit lichamelijke en/of onlichamelijke roerende goederen
Het uitoefenen van bestuursmandaten in ondernemingen
Functies van bestuurder of vereffenaar van andere vennootschappen uitoefenen
Het beheer van deelnemingen onder welk vorm ook, in alle Belgische of buitenlandse ondernemingen
Het deelnemen in vennootschappen, bedrijven of associaties door inbreng, participaties, voorschotten
Het waarnemen, bekleden en uitoefenen van mandaten en functies van bestuur en/of controle in en over vennootschappen of bedrijven, behorende tot de groep van en/of aanverwante bedrijven en/of sectoren
Het verlenen en vragen van managementdiensten onder welke vorm ook. Consultancy aan en management voor vennootschappen, verenigingen en ondernemingen in het algemeen
Het bemiddelen tussen ondernemingen met het oog op het afsluiten van contracten of het verhandelen van deelnemingen
Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard. Het in de ruimste zin van het woord verlenen van bijstand en diensten, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur

deed of 21-11-2025 (in Dutch)

Invoicing and payment

VAT number BE 0553.467.449

E-invoicing via Peppol

Reachable via Peppol

Peppol ID 0208:0553467449

Other Peppol ID 9925:BE0553467449

Registered 06-05-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Financial year and general meeting

Accounts at the NBB

Financial year end 31-12

Annual meeting

Last Friday of June at 19:00

deed of 21-11-2025 (in Dutch)

Sites & property

Location

registered office establishment The establishment unit on the map

5 companies at this address See who is registered here

Buildings and parcels at the address

Ground area

1,116 m²

Building footprint

208 m²

Building volume

1 m³

Cadastral parcel	Region	Area	Buildings	Height / floors
13392M1164/00D000	Flanders	1,116 m²	1 · 208 m²	0.1 m

Overview

Overview

Official details

Board and ownership

Financial position

Checked score

Signals

Financials

Financials · financial year 2025, abbreviated format

Staff

Investments

Subsidies and aid

Flemish government

Historical observation

Board & ownership

Directors

Board 2

Statutory auditor 1

Owners and capital

Shareholders

Owners 1

Capital transactions

Mandate history

Articles of association

Network & group

Acquisitions and mergers

Companies at the same address

Connections & network

Timeline

Deeds, filings and financial milestones

History

Company details

Register details

Identity

Registered office and establishments

Activities

Invoicing and payment

Financial year and general meeting

Sites & property

Buildings and parcels at the address