Equity
€14,988 from €134,595 in 2023
Equity fell by 89% in 2 years.
PROLOGIS KL
Lifetime
17 annual accounts with figures on one time axispeak €145,979 (2022)
€131,828▲ 21.4%
lowest -€93,730 (2024)
-€22,118▲ €71,612
peak €134,595 (2023)
€14,988▼ 62.5%
€313,567▼ 58.0%
Board3 names since 2008
3 directorsPhilippe KERF and 2 others
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Gross margin from €108,591 to €131,828Loss of €22,118Equity from €40,016 to €14,988Debts from €747,076 to €313,567
Key points
from the 2025 annual accountsResult
-€22,118 ▲ 76.4%
The result rose in 2025 from -€93,730 to -€22,118.
Debts
€313,567 91% of the balance sheet
Financial debts 4%Suppliers 50%Taxes and wages 8%Other 38%
Of this, €313,054 falls due within a year.
Staff
1 employees on 31-12-2025
In 2025, 1 person joined and 2 left.
Filings
17 annual accounts since 2009
The last five annual accounts were filed 22 to 75 days before the end of the period.
Position in the sector
-€22,118
Lower net result than 84% of companies in real estate. Sector median €5,986 · 17,185 companies.
Checked score
53
Fair
Financially stronger than 12% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 1.2%▲ +1.0 percentage point vs 06-2025
08-2025: 1.2%● unchanged vs 07-2025
09-2025: 1.2%● unchanged vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.2%● unchanged vs 02-2026
04-2026: 1.2%● unchanged vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.1%▼ -0.1 percentage points vs 05-2026
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026
08-2026: 1.3%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 1.3%● unchanged vs 08-2026highest value
10-2026: 1.3%● unchanged vs 09-2026highest value
11-2026: 1.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
1 change of registered office in 24 months
Liquidity: current ratio 0.58
Loss of €22,118, the second in a row (financial year 2025)
lowers risk
Size: total assets €345,085
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 68, micro). It does better than 25% of them on solvency, 0% on liquidity, 13% on profitability and 10% 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 1,037 companies had the same profile as PROLOGIS KL has now. Each dot stands for 3 companies, two years later.
93.7%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROLOGIS KL itself: 1.3% 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 1,037 companies, not a prediction for PROLOGIS KL. 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 €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.58 (0.43 in 2024), below 1. Short-term debt is 90.7% of total assets. 95.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 -€22,118
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
55 days early
2023
55 days early
2022
39 days early
2021
75 days early
2020
66 days early
2019
52 days early
← 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 52 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 June (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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Soumagne to Somme-Leuze
New registered office: Rue du Centre, Baillonville 3, 5377 Somme-Leuze · Previous registered office: Rue de la Joliette 5, 4633 Soumagne (Melen) · General meeting of 05-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0807032278
1 director appointed
Changes of role: Philippe KERF (director) and Kevin KERF (director) · Appointment: Jérôme KERF (director) · General meeting of 28-12-2023 · Gazette deed
First establishment
Rue du Centre, Baillonville 3+, Somme-Leuze
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROLOGIS KL Somme-Leuze | €345,085 | €131,828 | 4.3% | - |
| WOLCON Schilde | €377,508 | €147,666 | 88.7% | 0 |
| VTP Wielsbeke | €335,083 | €163,047 | -16.3% | 0.9 |
| BOFORCE Kortrijk | €363,203 | €123,779 | 99.9% | - |
| PARIS-BONHEUR Charleroi | €374,955 | €178,506 | 70.5% | 0 |
| VASTGOED VOGELS Wellen | €323,059 | €161,942 | 90.4% | - |
| ABRIX Schoten | €328,802 | €120,598 | 90.1% | - |
These companies have the same main activity as PROLOGIS KL: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €323,000 and €378,000, founded between 2007 and 2010.
Official details
Source: KBO- Status
- Active since 10-10-2008Normal situation
- Activity
- Development of residential building projectsNACE 68121and 5 others
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.173.737.1385377 Somme-Leuze, since 16-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 07-11-2025
Annual accounts 2025
- ≈ €240,000estimated
- €345,085▼ 56.2%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on PROLOGIS KL
PROLOGIS KL files the micro format. That format states no turnover. The gross margin rose from -€2,009 in 2009 to €131,828 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
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 PROLOGIS KL
- What is the company number of PROLOGIS KL?
- The company number of PROLOGIS KL is 0807.032.278. The VAT number is the same number with BE in front: BE 0807.032.278.
- Where is PROLOGIS KL based?
- The registered office is at Rue du Centre, Baillonville 3, 5377 Somme-Leuze.Company details
- What does PROLOGIS KL do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of PROLOGIS KL?
- PROLOGIS KL is a private limited company (BV).
- When was PROLOGIS KL founded?
- PROLOGIS KL was founded on 10-10-2008.
- Is PROLOGIS KL still active?
- Yes, PROLOGIS KL is an active enterprise in the KBO register.
- How many employees does PROLOGIS KL have?
- PROLOGIS KL had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PROLOGIS KL fall under?
- In its 2025 annual accounts, PROLOGIS KL states joint committee 124 (Construction).
- What is the turnover of PROLOGIS KL?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €131,828 and 49 comparable companies (NACE 681). It probably lies between €180,000 and €440,000.
- Is PROLOGIS KL profitable?
- In financial year 2025, PROLOGIS KL made a loss of €22,118.
- Where can I find the annual accounts of PROLOGIS KL?
- PROLOGIS KL filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROLOGIS KL due?
- PROLOGIS KL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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