PROLOGIS
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
22 d early
2022
37 d early
2021
24 d late
2020
23 d late
2019
46 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 1 day after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€6,918▼ 64.3%
2023 · €19,376
Working capital
€600,644▲ 1.6%
2023 · €591,072
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
Line20202021202220232024
Operating result€43,270▼ 21.1%€485,385▲ 1,022%-€4,011€12,595-€5,086
Net result€34,302▼ 19.4%€349,058▲ 918%€6,067▼ 98.3%€19,376▲ 219%€6,918▼ 64.3%
Equity€219,278▲ 18.5%€568,336▲ 159%€574,402▲ 1.1%€593,778▲ 3.4%€600,696▲ 1.2%
Total assets€1.0m▼ 22.8%€1.2m▲ 22.1%€1.3m▲ 5.8%€1.3m▼ 2.1%€1.3m▲ 1.3%
Debt€796,366▼ 29.5%€671,733▼ 15.7%€737,096▲ 9.7%€690,326▼ 6.3%€700,724▲ 1.5%
Working capital€278,700▼ 45.2%€562,506▲ 102%€620,653▲ 10.3%€591,072▼ 4.8%€600,644▲ 1.6%
Why a figure moved sharply
- 2022 Net result -98% on 2021. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5,086 after €12,595 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.3m
Fixed assets
€51 ▼ 98.1%
Current assets
€1.3m ▲ 1.6%
Equity and liabilities €1.3m
Equity
€600,696 ▲ 1.2%
Debt
€700,724 ▲ 1.5%
Debt's share of the balance-sheet total rises from 53.8% to 53.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€2,432▼
2023 · €14,794
Cash flow
€9,572▼
2023 · €21,574
Current ratio
1.86▲
2023 · 1.86
Debt to equity
1.17▲
2023 · 1.16
ROE
1.2%▼
2023 · 3.3%
ROA
0.5%▼
2023 · 1.5%
Interest coverage
-0.14▼
2023 · 0.86
Debt ≤ 1 year
€700,724▲
2023 · €690,326
Income taxes
€2,591▼
2023 · €7,146
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €518,369 | €2,066 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,483 | €615 | €2,147 | €2,199 | €2,654 | ▲ 20.7% |
| Other operating charges640/8 | - | €2,850 | €1,072 | €1,040 | €1,048 | ▲ 0.7% |
| Non-recurring operating charges66A | - | €441 | €140 | €255 | - | - |
| Gross operating margin9900 | €56,413 | €489,291 | -€652 | €16,089 | -€1,384 | ▼ 109% |
| Operating profit (loss)9901 | €43,270 | €485,385 | -€4,011 | €12,595 | -€5,086 | ▼ 140% |
| Financial income75/76B | - | €24,441 | €30,145 | €31,208 | €31,951 | ▲ 2.4% |
| Recurring financial income75 | €27,746 | €24,441 | €30,145 | €31,208 | €31,951 | ▲ 2.4% |
| Financial charges65/66B | - | €40,267 | €17,870 | €17,282 | €17,357 | ▲ 0.4% |
| Recurring financial charges65 | €27,106 | €40,267 | €17,870 | €17,282 | €17,357 | ▲ 0.4% |
| Profit (loss) for the period before taxes9903 | €43,910 | €469,560 | €8,263 | €26,522 | €9,509 | ▼ 64.1% |
| Income taxes67/77 | €9,608 | €120,502 | €2,197 | €7,146 | €2,591 | ▼ 63.7% |
| Profit (loss) for the period9904 | €34,302 | €349,058 | €6,067 | €19,376 | €6,918 | ▼ 64.3% |
| Profit (loss) for the period to be appropriated9905 | €34,302 | €349,058 | €6,067 | €19,376 | €6,918 | ▼ 64.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 1.3% |
| Fixed assets21/28 | €56,140 | €5,830 | €4,904 | €2,706 | €51 | ▼ 98.1% |
| Tangible fixed assets22/27 | €56,140 | €5,830 | €4,904 | €2,706 | €51 | ▼ 98.1% |
| Furniture and vehicles24 | - | €4,077 | €3,516 | €1,683 | €51 | ▼ 96.9% |
| Other tangible fixed assets26 | - | €1,753 | €1,388 | €1,023 | - | - |
| Current assets29/58 | €959,504 | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 1.6% |
| Stocks and contracts in progress3 | - | - | €74,070 | - | - | - |
| Stocks30/36 | - | - | €74,070 | - | - | - |
| Amounts receivable within one year40/41 | €957,440 | €1.2m | €1.2m | €1.3m | €1.3m | ▲ 1.6% |
| Trade receivables40 | - | €255 | €57 | €615 | - | - |
| Other amounts receivable41 | - | €1.2m | €1.2m | €1.3m | €1.3m | ▲ 1.6% |
| Cash at bank and in hand54/58 | €207 | €69,444 | €647 | €140 | €20 | ▼ 85.7% |
| Deferred charges and accrued income490/1 | - | €829 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 1.3% |
| Equity10/15 | €219,278 | €568,336 | €574,402 | €593,778 | €600,696 | ▲ 1.2% |
| Contributions10/11 | - | €275,000 | €275,000 | €275,000 | €275,000 | = |
| Capital10 | - | - | - | - | €275,000 | - |
| Issued capital100 | - | - | - | - | €275,000 | - |
| Reserves13 | €6,075 | €6,075 | €6,075 | €6,075 | €6,075 | = |
| Non-distributable reserves130/1 | - | €6,075 | €6,075 | €6,075 | €6,075 | = |
| Legal reserve130 | - | - | - | - | €6,075 | - |
| Reserves not available under the articles1311 | - | €6,075 | €6,075 | €6,075 | - | - |
| Profit (loss) carried forward14 | -€61,797 | €287,260 | €293,327 | €312,703 | €319,620 | ▲ 2.2% |
| Amounts payable17/49 | €796,366 | €671,733 | €737,096 | €690,326 | €700,724 | ▲ 1.5% |
| Amounts payable after more than one year17 | €115,562 | - | €51,155 | - | - | - |
| Financial debts170/4 | - | - | €51,155 | - | - | - |
| Amounts payable within one year42/48 | €680,804 | €671,733 | €685,941 | €690,326 | €700,724 | ▲ 1.5% |
| Trade debts44 | €244 | €2,206 | €183 | €891 | €37 | ▼ 95.8% |
| Suppliers440/4 | - | €2,206 | €183 | €891 | €37 | ▼ 95.8% |
| Taxes, remuneration and social security45 | - | €20,694 | €21,199 | €8,293 | €2,591 | ▼ 68.8% |
| Taxes450/3 | - | €20,694 | €21,199 | €8,293 | €2,591 | ▼ 68.8% |
| Other amounts payable47/48 | - | €648,833 | €664,559 | €681,142 | €698,096 | ▲ 2.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,302 | €349,058 | €6,067 | €19,376 | €6,918 | ▼ 64.3% |
| + Depreciation and write-downs630 | €8,483 | €615 | €2,147 | €2,199 | €2,654 | ▲ 20.7% |
| Operating cash flow (approximation) | €42,785 | €349,673 | €8,214 | €21,574 | €9,572 | ▼ 55.6% |
| Investment in fixed assets (approximation) | - | €49,695 | -€1,221 | €0 | €0 | - |
| Change in cash | - | €69,236 | -€68,796 | -€507 | -€120 | ▲ 76.4% |
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
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €6,067 ▼98.3%
Net result drops to €6,067, the lowest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €349,058 ▲918%
Operating result €485,385, net result €349,058, both a record.
31-12
Financial
Equity above €500,000Eq €568,336 ▲159%
4 profitable years in a row build equity to €568,336.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-12
Financial
Equity above €200,000Eq €219,278 ▲18.5%
3 profitable years in a row build equity to €219,278.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Equity above €150,000Eq €184,976 ▲29.9%
2 profitable years in a row build equity to €184,976.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Show earlier events
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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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Structure & network
Owners and holdings
1 ownerChain of control
- EBIPRO
- PROLOGIS
Highest known parent: EBIPRO. The sources do not say who stands above it.
Owners 1
- EBIPROparent100%
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.