PROLIGHT SYSTEMS
ActiveSummary
PROLIGHT SYSTEMS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104,432 and a net result of -€10,578. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 28374 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▼-7
Solvency53▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.97 against 3.86 in 2024; short-term debt: 32.6% and cash: 0.1% of total assets), but 71.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
28.1%
Return on assets
-2.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10,578
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
36 d early
2023
33 d early
2022
38 d early
2021
33 d early
2020
31 d early
2019
36 d early
← 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 37 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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. Usually files around 25 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€104,432▼ 9.2%
2024 · €115,009
Total assets
€371,930▲ 6.5%
2024 · €349,188
Net result
-€10,578▼ 74.3%
2024 · -€6,068
Working capital
€238,792▼ 5.3%
2024 · €252,169
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€19,950▼ 14.3%€24,121€5,663▼ 76.5%€306▼ 94.6%-€4,911
Net result-€24,816below the sector's middle half▼ 17.5%€19,171within the sector's middle half€351within the sector's middle half▼ 98.2%-€6,068below the sector's middle half-€10,578below the sector's middle half▼ 74.3%
Equity€101,555within the sector's middle half▼ 19.6%€120,726within the sector's middle half▲ 18.9%€121,078within the sector's middle half▲ 0.3%€115,009within the sector's middle half▼ 5.0%€104,432within the sector's middle half▼ 9.2%
Total assets€358,858above the sector's middle half▼ 1.7%€341,752above the sector's middle half▼ 4.8%€355,917above the sector's middle half▲ 4.1%€349,188above the sector's middle half▼ 1.9%€371,930above the sector's middle half▲ 6.5%
Debt€257,303▲ 7.8%€221,025▼ 14.1%€234,839▲ 6.2%€234,179▼ 0.3%€267,498▲ 14.2%
Working capital€135,550above the sector's middle half▼ 15.4%€156,021above the sector's middle half▲ 15.1%€157,247above the sector's middle half▲ 0.8%€252,169above the sector's middle half▲ 60.4%€238,792above the sector's middle half▼ 5.3%
Solvency28.3%within the sector's middle half▼ 6.3pp35.3%within the sector's middle half▲ 7.0pp34.0%within the sector's middle half▼ 1.3pp32.9%within the sector's middle half▼ 1.1pp28.1%within the sector's middle half▼ 4.9pp
Current ratio1.64within the sector's middle half▼ 0.191.89within the sector's middle half▲ 0.251.83within the sector's middle half▼ 0.063.86above the sector's middle half▲ 2.032.97within the sector's middle half▼ 0.89
Return on assets (ROA)-6.9%below the sector's middle half▼ 1.1pp5.6%within the sector's middle half▲ 12.5pp0.1%below the sector's middle half▼ 5.5pp-1.7%below the sector's middle half▼ 1.8pp-2.8%below the sector's middle half▼ 1.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 turns negative in 2025: a loss of €4,911 after €306 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €371,930
Fixed assets
€11,972 ▲ 35.4%
Current assets
€359,957 ▲ 5.8%
Equity and liabilities €371,930
Equity
€104,432 ▼ 9.2%
Debt
€267,498 ▲ 14.2%
Debt's share of the balance-sheet total rises from 67.1% to 71.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1,106▼
2024 · €4,642
Cash flow
-€6,773▼
2024 · -€1,732
Quick ratio
0.59▼
2024 · 0.90
Debt to equity
2.56▲
2024 · 2.04
ROE
-10.1%▼
2024 · -5.3%
Interest coverage
-0.21▼
2024 · 0.69
Debt ≤ 1 year
€121,165▲
2024 · €88,179
Debt > 1 year
€146,000=
2024 · €146,000
Income taxes
€275▲
2024 · €259
Staff costs
€425
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.5%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 2,450 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €38,720 | €767 | - | - | - | - |
| Remuneration, social security and pensions62 | €329 | - | €701 | - | €425 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,900 | €6,303 | €5,851 | €4,336 | €3,805 | ▼ 12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€1,896 | - |
| Other operating charges640/8 | €3,238 | €2,935 | €3,038 | €1,626 | €6,072 | ▲ 273% |
| Non-recurring operating charges66A | - | €216 | - | - | - | - |
| Gross operating margin9900 | -€9,483 | €33,575 | €15,253 | €6,268 | €3,495 | ▼ 44.2% |
| Operating profit (loss)9901 | -€19,950 | €24,121 | €5,663 | €306 | -€4,911 | ▼ 1,706% |
| Financial income75/76B | - | €105 | €2 | €571 | - | - |
| Recurring financial income75 | - | €105 | €2 | €571 | - | - |
| Financial charges65/66B | €4,626 | €4,848 | €5,032 | €6,686 | €5,392 | ▼ 19.3% |
| Recurring financial charges65 | €4,626 | €4,848 | €5,032 | €6,686 | €5,392 | ▼ 19.3% |
| Profit (loss) for the period before taxes9903 | -€24,576 | €19,379 | €634 | -€5,809 | -€10,303 | ▼ 77.4% |
| Income taxes67/77 | €240 | €208 | €283 | €259 | €275 | ▲ 6.0% |
| Profit (loss) for the period9904 | -€24,816 | €19,171 | €351 | -€6,068 | -€10,578 | ▼ 74.3% |
| Profit (loss) for the period to be appropriated9905 | -€24,816 | €19,171 | €351 | -€6,068 | -€10,578 | ▼ 74.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €358,858 | €341,752 | €355,917 | €349,188 | €371,930 | ▲ 6.5% |
| Fixed assets21/28 | €12,005 | €10,706 | €9,830 | €8,840 | €11,972 | ▲ 35.4% |
| Tangible fixed assets22/27 | €11,955 | €10,656 | €9,780 | €8,790 | €11,922 | ▲ 35.6% |
| Plant, machinery and equipment23 | €5,116 | €1,951 | €5,033 | €6,476 | €10,597 | ▲ 63.6% |
| Furniture and vehicles24 | - | €4,013 | €1,275 | - | - | - |
| Other tangible fixed assets26 | €6,839 | €4,691 | €3,472 | €2,314 | €1,325 | ▼ 42.7% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €346,853 | €331,046 | €346,087 | €340,348 | €359,957 | ▲ 5.8% |
| Stocks and contracts in progress3 | €268,212 | €260,139 | €262,055 | €261,213 | €288,397 | ▲ 10.4% |
| Stocks30/36 | €268,212 | €260,139 | €262,055 | €261,213 | €288,397 | ▲ 10.4% |
| Amounts receivable within one year40/41 | €59,256 | €50,780 | €45,120 | €72,510 | €64,915 | ▼ 10.5% |
| Trade receivables40 | €54,256 | €45,780 | €45,120 | €51,798 | €64,915 | ▲ 25.3% |
| Other amounts receivable41 | €5,000 | €5,000 | - | €20,712 | - | - |
| Cash at bank and in hand54/58 | €17,237 | €14,548 | €32,040 | €474 | €270 | ▼ 43.1% |
| Deferred charges and accrued income490/1 | €2,148 | €5,580 | €6,872 | €6,150 | €6,375 | ▲ 3.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €358,858 | €341,752 | €355,917 | €349,188 | €371,930 | ▲ 6.5% |
| Equity10/15 | €101,555 | €120,726 | €121,078 | €115,009 | €104,432 | ▼ 9.2% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Capital10 | €50,000 | - | - | - | - | - |
| Issued capital100 | €50,000 | - | - | - | - | - |
| Reserves13 | €95,401 | €95,402 | €95,402 | €95,402 | €95,402 | = |
| Non-distributable reserves130/1 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Legal reserve130 | €5,000 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Distributable reserves133 | €90,401 | €90,402 | €90,402 | €90,402 | €90,402 | = |
| Profit (loss) carried forward14 | -€43,846 | -€24,675 | -€24,324 | -€30,392 | -€40,970 | ▼ 34.8% |
| Amounts payable17/49 | €257,303 | €221,025 | €234,839 | €234,179 | €267,498 | ▲ 14.2% |
| Amounts payable after more than one year17 | €46,000 | €46,000 | €46,000 | €146,000 | €146,000 | = |
| Financial debts170/4 | €46,000 | €46,000 | €46,000 | €146,000 | €146,000 | = |
| Amounts payable within one year42/48 | €211,303 | €175,025 | €188,839 | €88,179 | €121,165 | ▲ 37.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €30,000 | €44,000 | ▲ 46.7% |
| Financial debts43 | - | - | - | €7,552 | €4,386 | ▼ 41.9% |
| Credit institutions430/8 | - | - | - | €7,552 | €4,386 | ▼ 41.9% |
| Trade debts44 | €7,087 | €24,864 | €71,935 | €9,663 | €30,136 | ▲ 212% |
| Suppliers440/4 | €7,087 | €24,864 | €71,935 | €9,663 | €30,136 | ▲ 212% |
| Advances received on contracts in progress46 | €31,895 | €7,275 | - | €25,648 | €6,546 | ▼ 74.5% |
| Taxes, remuneration and social security45 | €7,052 | - | €14,212 | €15,316 | - | - |
| Taxes450/3 | €7,052 | - | €14,212 | €15,316 | - | - |
| Other amounts payable47/48 | €165,269 | €142,886 | €102,692 | - | €36,098 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €333 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,816 | €19,171 | €351 | -€6,068 | -€10,578 | ▼ 74.3% |
| + Depreciation and write-downs630 | €6,900 | €6,303 | €5,851 | €4,336 | €3,805 | ▼ 12.3% |
| Operating cash flow (approximation) | -€17,916 | €25,474 | €6,202 | -€1,732 | -€6,773 | ▼ 291% |
| Investment in fixed assets (approximation) | - | -€5,004 | -€4,975 | -€3,346 | -€6,937 | ▼ 107% |
| Change in cash | - | -€2,689 | €17,492 | -€31,565 | -€204 | ▲ 99.4% |
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
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 3.86
Current ratio from 1.83 to 3.86; short-term debt falls from €188,839 to €88,179.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €19,171
Net result €19,171 after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€24,816
Net result drops to -€24,816, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €6,384
Net result €6,384 after one loss-making year.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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.
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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, Antwerpen · 1 establishment unit since 2009
Ground area
195 m²
Building footprint
195 m²
Volume, LiDAR
1,981 m³
Parcel 11807G1304/00F003, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DISCOSTORE
since 20092.180.558.020
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1304/00F003 | Flanders | 194 m² | 1 · 194 m² | 13.2 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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Of 22,827 companies in sector 43211 we hold annual accounts for 10,338. 8,789 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded02-09-1996
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
47540Retail sale of electrical household appliances
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458720621
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.