Proper Group
ActiveSummary
The computed 12-month bankruptcy probability of Proper Group is 7.7% (elevated). The 2024 annual accounts show equity of €755 and a net result of -€1,245. Its solvency ranks better than 13% of 9,841 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
Equity
€755
Total assets
€45,425
Net result
-€1,245
Working capital
€6,315
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €45,425
Fixed assets
€5,009
Current assets
€40,416
Equity and liabilities €45,425
Equity
€755
Debt
€44,670
Debt finances 98.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€2,808
Cash flow
€822
Current ratio
1.19
ROA
-2.7%
Interest coverage
1.72
Debt ≤ 1 year
€34,101
Income taxes
€751
Equity ratios withheld: equity of €755 is too small for a meaningful ratio.
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,067 |
| Other operating charges640/8 | €2,812 |
| Gross operating margin9900 | €5,621 |
| Operating profit (loss)9901 | €742 |
| Financial income75/76B | €401 |
| Recurring financial income75 | €401 |
| Financial charges65/66B | €1,635 |
| Recurring financial charges65 | €1,635 |
| Profit (loss) for the period before taxes9903 | -€493 |
| Income taxes67/77 | €751 |
| Profit (loss) for the period9904 | -€1,245 |
| Profit (loss) for the period to be appropriated9905 | -€1,245 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €45,425 | |
| Fixed assets21/28 | €5,009 | |
| Tangible fixed assets22/27 | €5,009 | |
| Plant, machinery and equipment23 | €5,009 | |
| Current assets29/58 | €40,416 | |
| Amounts receivable within one year40/41 | €18,549 | |
| Trade receivables40 | €14,531 | |
| Other amounts receivable41 | €4,019 | |
| Cash at bank and in hand54/58 | €4,764 | |
| Deferred charges and accrued income490/1 | €17,103 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €45,425 | |
| Equity10/15 | €755 | |
| Contributions10/11 | €2,000 | |
| Profit (loss) carried forward14 | -€1,245 | |
| Amounts payable17/49 | €44,670 | |
| Amounts payable within one year42/48 | €34,101 | |
| Trade debts44 | €9,769 | |
| Suppliers440/4 | €9,769 | |
| Advances received on contracts in progress46 | €18,000 | |
| Taxes, remuneration and social security45 | €751 | |
| Taxes450/3 | €751 | |
| Other amounts payable47/48 | €5,580 | |
| Accrued charges and deferred income492/3 | €10,570 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | -€1,245 |
| + Depreciation and write-downs630 | €2,067 |
| Operating cash flow (approximation) | €822 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2024 | micro format | 30-04-2025 | 2025-00081363 |
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Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,154. 1,443 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.