PROLUB
ActiveSummary
PROLUB has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €199,404 and a net result of €191,086. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 28% of 26040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+14
Solvency32▼-5
Growth69=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.11 in 2023; short-term debt: 91.9% and cash: 16.6% of total assets), and 92.7% 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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
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 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
48 d early
2022
60 d early
2021
11 d late
2020
23 d early
2019
27 d late
← 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 20 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€8.2m▲ 17.7%
2022 · €7.0m
EBIT margin
3.9%▲ 0.5pp
2022 · 3.4%
Net result
€191,086▼ 1.2%
2023 · €193,354
Working capital
€167,087▼ 3.9%
2023 · €173,809
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
Turnover€7.0m€8.2m▲ 17.7%
Operating result-€13,545▲ 82.8%€169,788€237,239▲ 39.7%€318,922▲ 34.4%€302,400▼ 5.2%
Net result-€24,190▲ 73.4%€129,987€198,707▲ 52.9%€193,354▼ 2.7%€191,086▼ 1.2%
EBIT margin3.4%3.9%▲ 0.5pp
Equity€174,888▼ 12.2%€201,403▲ 15.2%€207,610▲ 3.1%€209,211▲ 0.8%€199,404▼ 4.7%
Total assets€1.2m▼ 1.3%€1.5m▲ 24.4%€2.6m▲ 75.8%€1.8m▼ 31.5%€2.7m▲ 51.5%
Debt€1.0m▲ 0.8%€1.3m▲ 25.9%€2.4m▲ 87.1%€1.6m▼ 34.3%€2.5m▲ 58.9%
Working capital€172,133▲ 1.5%€188,654▲ 9.6%€230,359▲ 22.1%€173,809▼ 24.5%€167,087▼ 3.9%
Staff (FTE)5.7▲ 5.6%5.4▼ 5.3%4.6▼ 14.8%4.9▲ 6.5%4.9=
Why a figure moved sharply
- 2024 Total assets +52% on 2023. Cause not known from the registers.
- 2022 Total assets +76% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.7m
Fixed assets
€54,577 ▼ 37.3%
Current assets
€2.7m ▲ 56.0%
Equity and liabilities €2.7m
Equity
€199,404 ▼ 4.7%
Debt
€2.5m ▲ 58.9%
Debt's share of the balance-sheet total rises from 88.4% to 92.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€334,893▼
2023 · €351,529
Cash flow
€223,580▼
2023 · €225,961
Current ratio
1.07▼
2023 · 1.11
Quick ratio
0.71▲
2023 · 0.53
Debt to equity
12.69▲
2023 · 7.61
ROE
95.8%▲
2023 · 92.4%
ROA
7.0%▼
2023 · 10.7%
Interest coverage
9.22▲
2023 · 5.30
Debt ≤ 1 year
€2.5m▲
2023 · €1.5m
Debt > 1 year
€22,260▼
2023 · €51,669
Income taxes
€75,771▲
2023 · €59,939
Staff costs
€296,634▲
2023 · €284,201
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,322 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
3.1%
stopped otherwise
95%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,058 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% | 1.6% |
| 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 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 1,322 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €7.0m | €8.2m | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €6.5m | €7.6m | - | - |
| Remuneration, social security and pensions62 | - | €252,726 | €241,831 | €284,201 | €296,634 | ▲ 4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,227 | €23,818 | €34,705 | €32,608 | €32,494 | ▼ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €37,760 | €4,001 | -€11,217 | ▼ 380% |
| Other operating charges640/8 | - | €12,049 | €14,612 | €15,118 | €53,254 | ▲ 252% |
| Gross operating margin9900 | €250,800 | €458,381 | €566,146 | €654,850 | €673,564 | ▲ 2.9% |
| Operating profit (loss)9901 | -€13,545 | €169,788 | €237,239 | €318,922 | €302,400 | ▼ 5.2% |
| Financial income75/76B | - | €20,023 | €14,760 | €645 | €767 | ▲ 18.9% |
| Recurring financial income75 | €15,815 | €20,023 | €14,760 | €645 | €767 | ▲ 18.9% |
| Financial charges65/66B | - | €24,325 | €28,735 | €66,275 | €36,310 | ▼ 45.2% |
| Recurring financial charges65 | €26,324 | €24,325 | €28,735 | €66,275 | €36,310 | ▼ 45.2% |
| Profit (loss) for the period before taxes9903 | -€24,054 | €165,487 | €223,264 | €253,293 | €266,857 | ▲ 5.4% |
| Income taxes67/77 | €136 | €35,500 | €24,557 | €59,939 | €75,771 | ▲ 26.4% |
| Profit (loss) for the period9904 | -€24,190 | €129,987 | €198,707 | €193,354 | €191,086 | ▼ 1.2% |
| Profit (loss) for the period to be appropriated9905 | -€24,190 | €129,987 | €198,707 | €193,354 | €191,086 | ▼ 1.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.5m | €2.6m | €1.8m | €2.7m | ▲ 51.5% |
| Fixed assets21/28 | €155,320 | €142,500 | €114,666 | €87,071 | €54,577 | ▼ 37.3% |
| Intangible fixed assets21 | €5,848 | €712 | €1,478 | €1,182 | €886 | ▼ 25.0% |
| Tangible fixed assets22/27 | €149,246 | €141,562 | €112,963 | €85,663 | €53,465 | ▼ 37.6% |
| Plant, machinery and equipment23 | - | €1,440 | €6,034 | €8,086 | €5,745 | ▼ 29.0% |
| Furniture and vehicles24 | - | €140,122 | €106,929 | €77,577 | €47,721 | ▼ 38.5% |
| Financial fixed assets28 | €226 | €226 | €226 | €226 | €226 | = |
| Current assets29/58 | €1.0m | €1.4m | €2.5m | €1.7m | €2.7m | ▲ 56.0% |
| Stocks and contracts in progress3 | €353,707 | €421,353 | €831,051 | €899,973 | €901,428 | ▲ 0.2% |
| Stocks30/36 | - | €421,353 | €831,051 | €899,973 | €901,428 | ▲ 0.2% |
| Amounts receivable within one year40/41 | €562,849 | €751,636 | €1.4m | €641,348 | €1.3m | ▲ 104% |
| Trade receivables40 | - | €711,307 | €704,445 | €595,384 | €1.1m | ▲ 89.5% |
| Other amounts receivable41 | - | €40,329 | €695,419 | €45,964 | €183,327 | ▲ 299% |
| Cash at bank and in hand54/58 | €114,660 | €174,843 | €277,891 | €168,158 | €453,800 | ▲ 170% |
| Deferred charges and accrued income490/1 | - | €6,177 | €7,694 | €5,697 | €9,280 | ▲ 62.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.5m | €2.6m | €1.8m | €2.7m | ▲ 51.5% |
| Equity10/15 | €174,888 | €201,403 | €207,610 | €209,211 | €199,404 | ▼ 4.7% |
| Contributions10/11 | €63,000 | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Capital10 | - | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Issued capital100 | - | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Reserves13 | €6,300 | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Non-distributable reserves130/1 | - | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Legal reserve130 | - | €6,300 | €6,300 | €6,300 | €6,300 | = |
| Profit (loss) carried forward14 | €105,588 | €132,103 | €138,310 | €139,911 | €130,104 | ▼ 7.0% |
| Amounts payable17/49 | €1.0m | €1.3m | €2.4m | €1.6m | €2.5m | ▲ 58.9% |
| Amounts payable after more than one year17 | €148,564 | €129,751 | €80,770 | €51,669 | €22,260 | ▼ 56.9% |
| Financial debts170/4 | - | €129,751 | €80,770 | €51,669 | €22,260 | ▼ 56.9% |
| Amounts payable within one year42/48 | €875,901 | €1.2m | €2.3m | €1.5m | €2.5m | ▲ 62.8% |
| Current portion of amounts payable after more than one year42 | - | €67,328 | €52,628 | €32,525 | €29,409 | ▼ 9.6% |
| Financial debts43 | - | €500,000 | €1.2m | €650,000 | €700,000 | ▲ 7.7% |
| Credit institutions430/8 | - | - | €450,000 | €200,000 | €200,000 | = |
| Other loans439 | - | €500,000 | €750,000 | €450,000 | €500,000 | ▲ 11.1% |
| Trade debts44 | €262,100 | €463,239 | €818,516 | €615,909 | €1.5m | ▲ 147% |
| Suppliers440/4 | - | €463,239 | €818,516 | €615,909 | €1.5m | ▲ 147% |
| Taxes, remuneration and social security45 | - | €31,318 | €22,497 | €51,181 | €54,517 | ▲ 6.5% |
| Taxes450/3 | - | - | €0 | €15,000 | €23,297 | ▲ 55.3% |
| Remuneration and social security454/9 | - | €31,318 | €22,497 | €36,181 | €31,220 | ▼ 13.7% |
| Other amounts payable47/48 | - | €103,472 | €192,500 | €191,753 | €200,893 | ▲ 4.8% |
| Accrued charges and deferred income492/3 | - | - | €56,645 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,190 | €129,987 | €198,707 | €193,354 | €191,086 | ▼ 1.2% |
| + Depreciation and write-downs630 | €55,227 | €23,818 | €34,705 | €32,608 | €32,494 | ▼ 0.3% |
| Operating cash flow (approximation) | €31,037 | €153,806 | €233,412 | €225,961 | €223,580 | ▼ 1.1% |
| Investment in fixed assets (approximation) | - | -€10,999 | -€6,871 | -€5,012 | €0 | ▲ 100% |
| Change in cash | - | €60,183 | €103,047 | -€109,732 | €285,642 | ▲ 360% |
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
2026
11-09
State Gazette act
Permanent representative: Olivier LECLERCQResignation: SRL JG CONSULT (director) · Reappointments: Christine HEINE (director) and SRL OLUB (managing director) · Appointment: SRL OLUB (chair of the board)8 facts ▸
State Gazette act
Permanent representative: Olivier LECLERCQ
Resignation: SRL JG CONSULT (director) · Reappointments: Christine HEINE (director) and SRL OLUB (managing director) · Appointment: SRL OLUB (chair of the board)8 facts ▸
- General meeting, 19-05-2026
- Permanent representative, Olivier LECLERCQ (permanent representative)
- Director resignation, SRL JG CONSULT (director)
- Other statement, remerciement et contexte, Les membres prennent acte et remercient Jean GRUSLIN pour les années de collaboration et pour l'accompagnement dans la continuité suit…
- General meeting, à l'unanimité, acceptation des propositions
- Director reappointment, Christine HEINE (director)
- Director reappointment, SRL OLUB (managing director)
- Director appointment, SRL OLUB (chair of the board)
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €198,707 ▲52.9%
Net result €198,707, the highest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
31-12
Financial
Back to profitnet €129,987
Net result €129,987 after 3 loss-making years.
31-12
Financial
Equity above €200,000Eq €201,403 ▲15.2%
Equity rises from €174,888 to €201,403.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet -€90,852
Net result drops to -€90,852, the lowest in the series; recovery starts the following year.
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 6 days late
Show earlier events
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, 1 in day-to-day management, last change in 2026
Board 2
OLub
CurrentChair of the board · since 19-05-2026 · Private limited company · perm. rep.: Olivier LECLERCQ
Christine HEINE
CurrentDirector · since 19-05-2026
Day-to-day management 1
OLub
CurrentManaging director · since 19-05-2026 · Private limited company · perm. rep.: Olivier LECLERCQ
Permanent representatives 1
Olivier LECLERCQ
CurrentPermanent representative · since 19-05-2026 · for OLub
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2010
Ground area
3,319 m²
Building footprint
1,016 m²
Parcel 57031B0362/00S003, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Mont d'Orcq(FRY) 5, 7503 Tournai
since 20102.194.113.175
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031B0362/00S003 | Wallonia | 3,319 m² | 1 · 1,016 m² | - |
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.
Mandate history
3 people since 2026, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Christine HEINE |
|
| OLub |
|
| SRL JG CONSULT |
|
Structure & network
Owners and holdings
1 ownerOwners 1
-
33.33%
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
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Of 3,226 companies in sector 47781 we hold annual accounts for 743. 568 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
46810Wholesale of solid, liquid and gaseous fuels and related products
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
46120Wholesale trade
46190Agents in non-specialised wholesale trade
52250Logistics services
70200Business and other management consultancy
Contact
E-mail
ole@prolub.beTournai
E-invoicing
Reachable via Peppol
Peppol ID
0208:0831247537
Also
9925:BE0831247537
Registered
31-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.