PROLEGE
ActiveSummary
PROLEGE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€85,214) and a net result of €85,624. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 5% of 15375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.13 against 0.52 in 2023; short-term debt: 84.3% and cash: 46.8% of total assets), and equity is negative.
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Signals
Six 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-85.5%
Return on assets
85.9%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 15375 sector peers (2024).
NBB · sector comparisonPosition among 15375 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
41 d early
2022
42 d early
2021
34 d early
2020
37 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 37 days before 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 (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€85,214▲ 50.1%
2023 · -€170,838
Total assets
€99,710▲ 161%
2023 · €38,214
Net result
€85,624
2023 · -€38,369
Working capital
€10,758
2023 · -€32,077
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€40,170-€25,463-€11,741▲ 53.9%-€37,844▼ 222%€85,948
Net result€38,931within the sector's middle half-€26,327below the sector's middle half-€12,286below the sector's middle half▲ 53.3%-€38,369below the sector's middle half▼ 212%€85,624above the sector's middle half
Equity-€93,856below the sector's middle half▲ 35.4%-€120,183below the sector's middle half▼ 28.1%-€132,469below the sector's middle half▼ 10.2%-€170,838below the sector's middle half▼ 29.0%-€85,214below the sector's middle half▲ 50.1%
Total assets€118,396within the sector's middle half▲ 37.0%€46,050below the sector's middle half▼ 61.1%€29,974below the sector's middle half▼ 34.9%€38,214below the sector's middle half▲ 27.5%€99,710within the sector's middle half▲ 161%
Debt€212,252▼ 8.3%€166,233▼ 21.7%€162,443▼ 2.3%€209,052▲ 28.7%€184,924▼ 11.5%
Working capital€22,182within the sector's middle half-€3,940below the sector's middle half-€20,076below the sector's middle half▼ 410%-€32,077below the sector's middle half▼ 59.8%€10,758below the sector's middle half
Solvency-79.3%below the sector's middle half▲ 88.8pp-261.0%below the sector's middle half▼ 181.7pp-441.9%below the sector's middle half▼ 181.0pp-447.1%below the sector's middle half▼ 5.1pp-85.5%below the sector's middle half▲ 361.6pp
Current ratio1.52within the sector's middle half▲ 0.950.92below the sector's middle half▼ 0.600.58below the sector's middle half▼ 0.330.52below the sector's middle half▼ 0.061.13below the sector's middle half▲ 0.61
Return on assets (ROA)32.9%above the sector's middle half▲ 41.7pp-57.2%below the sector's middle half▼ 90.1pp-41.0%below the sector's middle half▲ 16.2pp-100.4%below the sector's middle half▼ 59.4pp85.9%above the sector's middle half▲ 186.3pp
Staff (FTE)1.5within the sector's middle half=1▼ 33.3%1=1=1=
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €85,948 after a loss of €37,844 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €99,710
Fixed assets
€4,872 ▲ 45.5%
Current assets
€94,838 ▲ 172%
Key figures and ratios
EBITDA
€88,500▲
2023 · -€36,743
Cash flow
€88,176▲
2023 · -€37,268
Debt to equity
-2.17▼
2023 · -1.22
Interest coverage
273.15▲
2023 · -69.99
Debt ≤ 1 year
€84,080▲
2023 · €66,942
Debt > 1 year
€100,844▼
2023 · €118,110
Staff costs
€57,149▼
2023 · €59,992
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 3,798 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €52,336 | €53,017 | €59,992 | €57,149 | ▼ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,017 | €51,782 | €778 | €1,101 | €2,552 | ▲ 132% |
| Other operating charges640/8 | - | €622 | €367 | €602 | €643 | ▲ 6.8% |
| Gross operating margin9900 | €106,681 | €79,277 | €42,421 | €23,851 | €146,292 | ▲ 513% |
| Operating profit (loss)9901 | €40,170 | -€25,463 | -€11,741 | -€37,844 | €85,948 | ▲ 327% |
| Financial charges65/66B | - | €864 | €545 | €525 | €324 | ▼ 38.3% |
| Recurring financial charges65 | €1,239 | €864 | €545 | €525 | €324 | ▼ 38.3% |
| Profit (loss) for the period before taxes9903 | €38,931 | -€26,327 | -€12,286 | -€38,369 | €85,624 | ▲ 323% |
| Profit (loss) for the period9904 | €38,931 | -€26,327 | -€12,286 | -€38,369 | €85,624 | ▲ 323% |
| Profit (loss) for the period to be appropriated9905 | €38,931 | -€26,327 | -€12,286 | -€38,369 | €85,624 | ▲ 323% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118,396 | €46,050 | €29,974 | €38,214 | €99,710 | ▲ 161% |
| Fixed assets21/28 | €53,318 | €2,603 | €1,785 | €3,349 | €4,872 | ▲ 45.5% |
| Tangible fixed assets22/27 | €53,278 | €2,563 | €1,785 | €3,349 | €4,872 | ▲ 45.5% |
| Furniture and vehicles24 | - | €2,563 | €1,785 | €3,349 | €4,872 | ▲ 45.5% |
| Financial fixed assets28 | €40 | €40 | - | - | - | - |
| Current assets29/58 | €65,078 | €43,447 | €28,189 | €34,865 | €94,838 | ▲ 172% |
| Amounts receivable within one year40/41 | €2,818 | €9,264 | €10,804 | €25,970 | €47,533 | ▲ 83.0% |
| Trade receivables40 | - | €9,264 | €10,804 | €25,970 | €47,533 | ▲ 83.0% |
| Cash at bank and in hand54/58 | €58,231 | €33,616 | €16,809 | €8,305 | €46,687 | ▲ 462% |
| Deferred charges and accrued income490/1 | - | €567 | €576 | €590 | €618 | ▲ 4.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118,396 | €46,050 | €29,974 | €38,214 | €99,710 | ▲ 161% |
| Equity10/15 | -€93,856 | -€120,183 | -€132,469 | -€170,838 | -€85,214 | ▲ 50.1% |
| Contributions10/11 | €18,600 | €20,460 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €1,860 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€114,316 | -€140,643 | -€152,929 | -€191,298 | -€105,674 | ▲ 44.8% |
| Amounts payable17/49 | €212,252 | €166,233 | €162,443 | €209,052 | €184,924 | ▼ 11.5% |
| Amounts payable after more than one year17 | €169,356 | €118,846 | €114,178 | €118,110 | €100,844 | ▼ 14.6% |
| Financial debts170/4 | - | €19,834 | €9,104 | - | - | - |
| Other amounts payable178/9 | - | €99,012 | €105,074 | €118,110 | €100,844 | ▼ 14.6% |
| Amounts payable within one year42/48 | €42,896 | €47,387 | €48,265 | €66,942 | €84,080 | ▲ 25.6% |
| Current portion of amounts payable after more than one year42 | - | €10,521 | €10,730 | €9,104 | - | - |
| Trade debts44 | €4,085 | €4,460 | €1,504 | €2,853 | €528 | ▼ 81.5% |
| Suppliers440/4 | - | €4,460 | €1,504 | €2,853 | €528 | ▼ 81.5% |
| Advances received on contracts in progress46 | - | €4,400 | - | €25,000 | €50,000 | ▲ 100% |
| Taxes, remuneration and social security45 | - | €10,006 | €14,031 | €17,485 | €20,960 | ▲ 19.9% |
| Taxes450/3 | - | €2,467 | €5,879 | €6,791 | €11,179 | ▲ 64.6% |
| Remuneration and social security454/9 | - | €7,539 | €8,152 | €10,694 | €9,781 | ▼ 8.5% |
| Other amounts payable47/48 | - | €18,000 | €22,000 | €12,500 | €12,592 | ▲ 0.7% |
| Accrued charges and deferred income492/3 | - | - | - | €24,000 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,931 | -€26,327 | -€12,286 | -€38,369 | €85,624 | ▲ 323% |
| + Depreciation and write-downs630 | €15,017 | €51,782 | €778 | €1,101 | €2,552 | ▲ 132% |
| Operating cash flow (approximation) | €53,948 | €25,455 | -€11,508 | -€37,268 | €88,176 | ▲ 337% |
| Investment in fixed assets (approximation) | - | -€1,067 | €40 | -€2,665 | -€4,075 | ▼ 52.9% |
| Change in cash | - | -€24,615 | -€16,807 | -€8,504 | €38,382 | ▲ 551% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €85,624
Net result €85,624 after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.13
Current ratio from 0.52 to 1.13.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€38,369
Net result drops to -€38,369, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €38,931
Net result €38,931 after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.52
Current ratio from 0.57 to 1.52.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Charleroi · 1 establishment unit since 2000
Ground area
662 m²
Building footprint
152 m²
Volume, LiDAR
1,234 m³
Parcel 52392D0073/00C037, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Avenue de la Prévoyance 1, 6001 Charleroi
since 20002.228.604.890
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52392D0073/00C037 | Wallonia | 662 m² | 1 · 152 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-06-2000
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Contact
E-mail
secretariat@avocats-massin.beCharleroi
Phone
071 280 180Charleroi
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472239946
Also
9925:BE0472239946
Registered
02-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.