Losses
-€2,035 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
PROFITABEL
Lifetime
19 annual accounts with figures on one time axis, 26 filings since 2000peak €35,190 (2008)
€13,788▼ 3.7%
lowest -€9,741 (2017)
-€1,483▼ €932
peak €91,942 (2015)
€65,201▼ 2.2%
€52,586▼ 3.3%
Board2 names since 2018
1 directorSUYKENS Maurits Madeleine
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Loss of €1,483Cash from €1,625 to €389
Key points
from the 2025 annual accountsChecked score
84
Excellent
Financially stronger than 40% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.6%▲ +0.2 percentage points vs 12-2024
02-2025: 1.0%▲ +0.4 percentage points vs 01-2025highest value
03-2025: 0.3%▼ -0.7 percentage points vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025lowest value
08-2025: 0.3%● unchanged vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025lowest value
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.7%▲ +0.3 percentage points vs 01-2026
03-2026: 0.4%▼ -0.3 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.3%▼ -0.1 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.19, cash €389, halved
Sector: Wholesale trade (NACE 46)
lowers risk
Founded in 1998
Size: total assets €117,787
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 46, micro). It does better than 62% of them on solvency, 28% on liquidity, 33% on profitability and 35% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
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).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as PROFITABEL has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROFITABEL itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 12,322 companies, not a prediction for PROFITABEL. 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.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.19 (0.07 in 2024), below 1. Short-term debt is 41.4% and cash 0.3% of total assets. 44.6% of the assets are financed with debt and provisions.
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 risk
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
2 days late
2024
11 days late
2023
7 days late
2022
14 days late
2021
40 days early
2020
on the day
2019
on the day
← 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 1 day before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 7 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- SUYKENS Maurits Madeleine 249 sharesdeed of 01-02-2022
- PIETERS Sabine Victoire 1 sharedeed of 01-02-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463211028
1 director appointed, 2 resignations
Resignations: SUYKENS Maurits Madeleine and PIETERS Sabine Victoire · Appointment: SUYKENS Maurits Madeleine · 250 shares · General meeting of 23-12-2021 · Gazette deed
Reappointments: Suykens Maurits (managing director) and Sabine Pieters (director)
General meeting of 07-12-2018 · Gazette deed
First establishment
Heibos 1, Buggenhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROFITABEL Buggenhout | €117,787 | €13,788 | 55.4% | - |
| VIDEO TECHNOLOGIES Lochristi | €140,472 | €22,867 | 32.6% | - |
| DE MEERVAL Lochristi | €142,614 | €24,539 | 41.0% | - |
| DeVi-Projects Haaltert | €102,645 | €17,555 | 53.0% | - |
| TOULON L Lokeren | €115,342 | €7,594 | 86.2% | - |
| Manarco Ronse | €162,284 | €23,609 | 57.2% | - |
| Zetelboetiek Steenokkerzeel | €131,326 | €20,448 | -41.1% | - |
These companies have the same main activity as PROFITABEL: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €103,000 and €162,000, founded between 1992 and 2005.
Official details
Source: KBO- Status
- Active since 21-04-1998Normal situation
- Activity
- Agents specialised in the wholesale of other particular productsNACE 46180
- Establishment unit
- 2.087.475.1379255 Buggenhout, since 29-06-1998
- Financial year end
- 30 June
- Peppol
- Reachable since 30-12-2025
Insights on PROFITABEL
PROFITABEL files the micro format. That format states no turnover. The gross margin fell from €33,387 in 2007 to €13,788 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PROFITABEL
- What is the company number of PROFITABEL?
- The company number of PROFITABEL is 0463.211.028. The VAT number is the same number with BE in front: BE 0463.211.028.
- Where is PROFITABEL based?
- The registered office is at Heibos 1, 9255 Buggenhout.Company details
- What does PROFITABEL do?
- According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
- What is the legal form of PROFITABEL?
- PROFITABEL is a private limited company (BV).
- When was PROFITABEL founded?
- PROFITABEL was founded on 21-04-1998.
- Is PROFITABEL still active?
- Yes, PROFITABEL is an active enterprise in the KBO register.
- What is the turnover of PROFITABEL?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €13,788 and 70 comparable companies (NACE 461). It probably lies between €57,000 and €200,000. It is a rough estimate.Financials
- Is PROFITABEL profitable?
- In financial year 2025, PROFITABEL made a loss of €1,483.
- Where can I find the annual accounts of PROFITABEL?
- PROFITABEL filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROFITABEL due?
- PROFITABEL must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.