PROPERTY
ActiveSummary
PROPERTY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €4,548. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
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Signals
This company filed its last 7 accounts on average 48 days before 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 (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 1,639 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 1,639 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,887 | €38,640 | €22,571 | €22,571 | €22,571 | = |
| Other operating charges640/8 | - | €2,418 | €2,307 | €2,723 | €2,879 | ▲ 5.7% |
| Gross operating margin9900 | €25,014 | €19,991 | €24,839 | €19,284 | €27,657 | ▲ 43.4% |
| Operating profit (loss)9901 | -€6,211 | -€21,067 | -€39 | -€6,010 | €2,207 | ▲ 137% |
| Financial income75/76B | - | - | - | - | €4,728 | - |
| Recurring financial income75 | - | - | - | - | €4,728 | - |
| Financial charges65/66B | - | €3,221 | €2,949 | €2,674 | €2,386 | ▼ 10.8% |
| Recurring financial charges65 | €3,481 | €3,221 | €2,949 | €2,674 | €2,386 | ▼ 10.8% |
| Profit (loss) for the period before taxes9903 | -€9,692 | -€24,287 | -€2,988 | -€8,684 | €4,548 | ▲ 152% |
| Profit (loss) for the period9904 | -€9,692 | -€24,287 | -€2,988 | -€8,684 | €4,548 | ▲ 152% |
| Profit (loss) for the period to be appropriated9905 | -€9,692 | -€24,287 | -€2,988 | -€8,684 | €4,548 | ▲ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 1.1% |
| Fixed assets21/28 | €1.1m | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 2.0% |
| Intangible fixed assets21 | €2,247 | - | - | - | - | - |
| Tangible fixed assets22/27 | €1.1m | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 2.0% |
| Land and buildings22 | - | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 2.0% |
| Current assets29/58 | €297,814 | €163,089 | €164,614 | €160,409 | €169,141 | ▲ 5.4% |
| Amounts receivable within one year40/41 | - | - | - | - | €1,418 | - |
| Other amounts receivable41 | - | - | - | - | €1,418 | - |
| Current investments50/53 | - | - | - | €150,000 | - | - |
| Cash at bank and in hand54/58 | €297,814 | €163,089 | €164,614 | €10,409 | €167,723 | ▲ 1,511% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 1.1% |
| Equity10/15 | €1.2m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 0.4% |
| Contributions10/11 | - | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Profit (loss) carried forward14 | -€82,563 | -€106,850 | -€109,838 | -€118,522 | -€113,974 | ▲ 3.8% |
| Amounts payable17/49 | €212,801 | €195,723 | €177,665 | €159,573 | €141,186 | ▼ 11.5% |
| Amounts payable after more than one year17 | €184,588 | €166,773 | €148,681 | €130,293 | €111,613 | ▼ 14.3% |
| Financial debts170/4 | - | €166,773 | €148,681 | €130,293 | €111,613 | ▼ 14.3% |
| Amounts payable within one year42/48 | €28,213 | €28,950 | €28,984 | €29,279 | €29,572 | ▲ 1.0% |
| Current portion of amounts payable after more than one year42 | - | €17,815 | €18,092 | €18,387 | €18,680 | ▲ 1.6% |
| Trade debts44 | - | €243 | - | - | - | - |
| Suppliers440/4 | - | €243 | - | - | - | - |
| Other amounts payable47/48 | - | €10,892 | €10,892 | €10,892 | €10,892 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,692 | -€24,287 | -€2,988 | -€8,684 | €4,548 | ▲ 152% |
| + Depreciation and write-downs630 | €28,887 | €38,640 | €22,571 | €22,571 | €22,571 | = |
| Operating cash flow (approximation) | €19,195 | €14,353 | €19,583 | €13,887 | €27,119 | ▲ 95.3% |
| Investment in fixed assets (approximation) | - | -€132,000 | €0 | €0 | €0 | - |
| Change in cash | - | -€134,725 | €1,526 | -€154,205 | €157,314 | ▲ 202% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11037A0172/00Y000 | Flanders | 1,637 m² | 1 · 190 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.