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PROFISK

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 198937 yrs activeVan Aertselaerstraat 25A, 2320 Hoogstraten, BelgiumKBO/BCE: BE 0438.340.228
Summary

PROFISK has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,051 and a net result of €5,829. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 12788 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability72▼-2
Solvency48▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.32 in 2024; short-term debt: 74.2% and cash: 6.6% of total assets), and 76.8% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 37 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
23.2%
Return on assets
2.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 12788 sector peers (2025).
NBB · sector comparison
Position among 12788 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
45 d early
2024
27 d early
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
63 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 18 September 1989, PROFISK was incorporated.1 Total assets went from EUR 143,262 in 2018 to EUR 232,816 in 2025 and headcount from 1.6 to 1.8 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€54,051▲ 12.1%
2024 · €48,222
Total assets
€232,816▼ 2.0%
2024 · €237,653
Net result
€5,829▼ 39.1%
2024 · €9,565
Working capital
€49,170▼ 6.3%
2024 · €52,500
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
Line20212022202320242025
Operating result€13,593▲ 127%€14,384▲ 5.8%-€1,242€14,045€8,635▼ 38.5%
Net result€6,643▲ 125%€7,635▲ 14.9%-€2,972€9,565€5,829▼ 39.1%
Equity€33,994▲ 24.3%€41,630▲ 22.5%€38,658▼ 7.1%€48,222▲ 24.7%€54,051▲ 12.1%
Total assets€141,926▼ 10.1%€174,294▲ 22.8%€232,767▲ 33.5%€237,653▲ 2.1%€232,816▼ 2.0%
Debt€107,932▼ 17.3%€132,665▲ 22.9%€194,109▲ 46.3%€189,431▼ 2.4%€178,765▼ 5.6%
Working capital€28,581▼ 24.8%€43,811▲ 53.3%€28,847▼ 34.2%€52,500▲ 82.0%€49,170▼ 6.3%
Staff (FTE)1.3▲ 8.3%1.9▲ 46.2%2▲ 5.3%2=1.8▼ 10.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2021: €13,593€13,593Net result 2021: €6,643€6,643Operating result 2022: €14,384€14,384Net result 2022: €7,635€7,635Operating result 2023: -€1,242-€1,242Net result 2023: -€2,972-€2,972Operating result 2024: €14,045€14,045Net result 2024: €9,565€9,565Operating result 2025: €8,635€8,635Net result 2025: €5,829€5,82920212022202320242025-€5,000€0€5,000€10,000€15,000Operating result 2023: -€1,242-€1,240Net result 2023: -€2,972-€2,970Operating result 2024: €14,045€14,000Net result 2024: €9,565€9,560Operating result 2025: €8,635€8,630Net result 2025: €5,829€5,830202320242025
The operating result falls in 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €232,816
Fixed assets €10,969 ▼ 43.3%
Current assets €221,847 ▲ 1.6%
Equity and liabilities €232,816
Equity €54,051 ▲ 12.1%
Debt €178,765 ▼ 5.6%
Debt's share of the balance-sheet total falls from 79.7% to 76.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16,998▼
2024 · €22,725
Cash flow
€14,192▼
2024 · €18,244
Current ratio
1.28▼
2024 · 1.32
Debt to equity
3.31▼
2024 · 3.93
ROE
10.8%▼
2024 · 19.8%
ROA
2.5%▼
2024 · 4.0%
Interest coverage
28.32▲
2024 · 18.01
Debt ≤ 1 year
€172,677▲
2024 · €165,821
Debt > 1 year
€6,088▼
2024 · €10,189
Income taxes
€2,390▼
2024 · €4,295
Staff costs
€74,280▲
2024 · €60,743
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,972 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.2% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,058 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% 1.6%
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 74% 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 3,972 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 · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€237,653€232,816▼
Fixed assets21/28€19,333€10,969▼
Tangible fixed assets22/27€19,333€10,969▼
Furniture and vehicles24€19,333€10,969▼
Current assets29/58€218,321€221,847▲
Amounts receivable within one year40/41€193,068€201,722▲
Trade receivables40€166,439€172,414▲
Other amounts receivable41€26,629€29,307▲
Cash at bank and in hand54/58€25,252€15,259▼
Deferred charges and accrued income490/1-€4,867
Equity and liabilities
Total equity and liabilities10/49€237,653€232,816▼
Equity10/15€48,222€54,051▲
Contributions10/11€12,469€12,469=
Outside capital11€12,469€12,469=
Other1109/19€12,469€12,469=
Reserves13€28,649€34,478▲
Non-distributable reserves130/1€1,859€1,859=
Legal reserve130€1,859€1,859=
Distributable reserves133€26,790€32,619▲
Profit (loss) carried forward14€7,104€7,104=
Amounts payable17/49€189,431€178,765▼
Amounts payable after more than one year17€10,189€6,088▼
Financial debts170/4€10,189€6,088▼
Amounts payable within one year42/48€165,821€172,677▲
Current portion of amounts payable after more than one year42€3,915€4,090▲
Trade debts44€148,952€156,116▲
Suppliers440/4€148,952€156,116▲
Advances received on contracts in progress46€2,533€1,286▼
Taxes, remuneration and social security45€5,873€7,117▲
Remuneration and social security454/9€5,873€7,117▲
Other amounts payable47/48€4,548€4,068▼
Accrued charges and deferred income492/3€13,422-
Income statement Code20242025
Remuneration, social security and pensions62€60,743€74,280▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,680€8,363▼
Other operating charges640/8€4,470€4,290▼
Gross operating margin9900€87,938€95,569▲
Operating profit (loss)9901€14,045€8,635▼
Financial income75/76B€1,076€184▼
Recurring financial income75€1,076€184▼
Financial charges65/66B€1,262€600▼
Recurring financial charges65€1,262€600▼
Profit (loss) for the period before taxes9903€13,859€8,219▼
Income taxes67/77€4,295€2,390▼
Profit (loss) for the period9904€9,565€5,829▼
Profit (loss) for the period to be appropriated9905€9,565€5,829▼
Appropriation of the result
Profit (loss) to be appropriated9906€16,668€12,933▼
Profit (loss) brought forward from the previous period14P€7,104€7,104=
Transfer to equity691/2€9,565€5,829▼
To other reserves6921€9,565€5,829▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€57,721€72,369€87,514€60,743€74,280▲ 22.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,060€3,133€8,452€8,680€8,363▼ 3.6%
Other operating charges640/8€4,976€2,148€4,928€4,470€4,290▼ 4.0%
Gross operating margin9900€79,350€92,033€99,652€87,938€95,569▲ 8.7%
Operating profit (loss)9901€13,593€14,384-€1,242€14,045€8,635▼ 38.5%
Financial income75/76B€207€35€36€1,076€184▼ 82.9%
Recurring financial income75€207€35€36€1,076€184▼ 82.9%
Financial charges65/66B€979€1,463€1,118€1,262€600▼ 52.4%
Recurring financial charges65€979€1,463€1,118€1,262€600▼ 52.4%
Profit (loss) for the period before taxes9903€12,821€12,955-€2,324€13,859€8,219▼ 40.7%
Income taxes67/77€6,178€5,320€648€4,295€2,390▼ 44.4%
Profit (loss) for the period9904€6,643€7,635-€2,972€9,565€5,829▼ 39.1%
Profit (loss) for the period to be appropriated9905€6,643€7,635-€2,972€9,565€5,829▼ 39.1%
Line20212022202320242025Change
Assets
Total assets20/58€141,926€174,294€232,767€237,653€232,816▼ 2.0%
Fixed assets21/28€5,413€3,229€28,012€19,333€10,969▼ 43.3%
Tangible fixed assets22/27€5,413€3,229€28,012€19,333€10,969▼ 43.3%
Land and buildings22€1,223€611----
Furniture and vehicles24€4,191€2,618€28,012€19,333€10,969▼ 43.3%
Current assets29/58€136,513€171,065€204,754€218,321€221,847▲ 1.6%
Amounts receivable within one year40/41€126,992€160,755€180,133€193,068€201,722▲ 4.5%
Trade receivables40€123,992€151,442€163,048€166,439€172,414▲ 3.6%
Other amounts receivable41€3,000€9,313€17,085€26,629€29,307▲ 10.1%
Cash at bank and in hand54/58€9,521€10,310€6,438€25,252€15,259▼ 39.6%
Deferred charges and accrued income490/1--€18,183-€4,867-
Equity and liabilities
Total equity and liabilities10/49€141,926€174,294€232,767€237,653€232,816▼ 2.0%
Equity10/15€33,994€41,630€38,658€48,222€54,051▲ 12.1%
Contributions10/11€12,469€12,469€12,469€12,469€12,469=
Capital10€12,469€12,469----
Issued capital100€18,592€18,592----
Uncalled capital101€6,123€6,123----
Outside capital11--€12,469€12,469€12,469=
Other1109/19--€12,469€12,469€12,469=
Reserves13€11,450€19,085€19,085€28,649€34,478▲ 20.3%
Non-distributable reserves130/1€1,859€1,859€1,859€1,859€1,859=
Legal reserve130€1,859€1,859€1,859€1,859€1,859=
Distributable reserves133€9,591€17,226€17,226€26,790€32,619▲ 21.8%
Profit (loss) carried forward14€10,076€10,076€7,104€7,104€7,104=
Amounts payable17/49€107,932€132,665€194,109€189,431€178,765▼ 5.6%
Amounts payable after more than one year17--€14,104€10,189€6,088▼ 40.2%
Financial debts170/4--€14,104€10,189€6,088▼ 40.2%
Amounts payable within one year42/48€107,932€127,254€175,907€165,821€172,677▲ 4.1%
Current portion of amounts payable after more than one year42-€7,500€8,722€3,915€4,090▲ 4.5%
Trade debts44€91,936€111,066€147,351€148,952€156,116▲ 4.8%
Suppliers440/4€91,936€111,066€147,351€148,952€156,116▲ 4.8%
Advances received on contracts in progress46€381€327€1,267€2,533€1,286▼ 49.2%
Taxes, remuneration and social security45€15,568€8,314€7,411€5,873€7,117▲ 21.2%
Taxes450/3€12,055-----
Remuneration and social security454/9€3,513€8,314€7,411€5,873€7,117▲ 21.2%
Other amounts payable47/48€47€47€11,156€4,548€4,068▼ 10.6%
Accrued charges and deferred income492/3-€5,411€4,098€13,422--
Line20212022202320242025Change
Profit (loss) for the period9904€6,643€7,635-€2,972€9,565€5,829▼ 39.1%
+ Depreciation and write-downs630€3,060€3,133€8,452€8,680€8,363▼ 3.6%
Operating cash flow (approximation)€9,703€10,768€5,480€18,244€14,192▼ 22.2%
Investment in fixed assets (approximation)--€949-€33,235€0€0-
Change in cash-€789-€3,872€18,814-€9,993▼ 153%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €9,565
Net result €9,565 after one loss-making year.
18-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Weakest financial yearnet -€2,972
Net result drops to -€2,972, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
02-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Hoogstraten · 2 establishment units since 2017
seat establishment All 2 establishment units on the map
Ground area
2,621 m²
Building footprint
239 m²
Volume, LiDAR
1,406 m³
2 parcels, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
2 establishment units
Profisk cvba
Zuid-Australiëlaan 102, 2500 LierLegal and accounting activities
since 20172.261.766.024
Profisk
Van Aertselaerstraat 25A, 2320 HoogstratenLegal and accounting activities
since 20192.285.669.002
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12393F0326/00R000 Flanders 1,968 m² 1 · 122 m² 6.3 m · 2 fl.
13014C0020/00Z000 Flanders 653 m² 1 · 118 m² 11.8 m · 2 fl.
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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 2,556 EUR awarded · 2,556 EUR paid
Year Entries awardedpaid
2024 1 2,556 EUR2,556 EUR
Schemes
1 entry · 2,556 EUR · 2,556 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 6,031 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded18-09-1989
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID 0208:0438340228
Registered 24-11-2025

Register as of 27 September 2026 · Peppol Directory

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