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PROQUITY

Active
Public limited companyfounded 199729 yrs activerue Montaïsse-Haid(Haversin) 19, 5590 Ciney, BelgiumKBO/BCE: BE 0460.854.324
Summary

PROQUITY has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.1m and a net result of €463,398. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 37965 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability83▼-8
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340,000 at 30 days acceptable
Liquidity ample (current ratio 28.48 against 5.8 in 2023; short-term debt: 1.1% and cash: 1.5% of total assets), and 1.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
98.9%
Return on assets
11.2%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 d early
2024
50 d early
2023
23 d late
2022
20 d early
2021
31 d early
2020
47 d early
2019
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 June 1997, PROQUITY was incorporated.1 Pierre Robin has served as chair of the board of the company since 2026.2 Total assets went from EUR 3.3 million in 2018 to EUR 4.1 million in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 29-07-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€295,387▲ 27.2%
2021 · €232,137
EBIT margin
-16.1%▲ 8.2pp
2021 · -24.3%
Net result
€463,398▼ 30.3%
2023 · €664,805
Working capital
€1.2m▲ 136%
2023 · €523,855
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€232,137€295,387▲ 27.2%
Operating result-€85,993-€56,329▲ 34.5%-€47,482▲ 15.7%-€65,140▼ 37.2%-€11,898▲ 81.7%
Net result-€181,159below the sector's middle half-€66,944below the sector's middle half▲ 63.0%€33,942within the sector's middle half€664,805above the sector's middle half▲ 1,859%€463,398above the sector's middle half▼ 30.3%
EBIT margin-24.3%-16.1%▲ 8.2pp
Equity€3.0mabove the sector's middle half▼ 6.2%€3.0mabove the sector's middle half▼ 2.2%€3.0mabove the sector's middle half▲ 0.8%€3.7mabove the sector's middle half▲ 22.1%€4.1mabove the sector's middle half▲ 11.0%
Total assets€3.3mabove the sector's middle half▼ 5.9%€3.2mwithin the sector's middle half▼ 4.3%€3.2mwithin the sector's middle half▲ 1.4%€3.8mwithin the sector's middle half▲ 18.2%€4.1mabove the sector's middle half▲ 9.0%
Debt€249,670▼ 1.9%€173,916▼ 30.3%€193,064▲ 11.0%€109,067▼ 43.5%€47,302▼ 56.6%
Working capital€534,874above the sector's middle half▼ 22.2%€562,782above the sector's middle half▲ 5.2%€515,118above the sector's middle half▼ 8.5%€523,855within the sector's middle half▲ 1.7%€1.2mabove the sector's middle half▲ 136%
Solvency92.4%above the sector's middle half▼ 0.3pp94.5%above the sector's middle half▲ 2.1pp94.0%above the sector's middle half▼ 0.5pp97.1%above the sector's middle half▲ 3.1pp98.9%above the sector's middle half▲ 1.7pp
Current ratio4.55above the sector's middle half▼ 0.558.55above the sector's middle half▲ 4.003.67above the sector's middle half▼ 4.895.80above the sector's middle half▲ 2.1328.48above the sector's middle half▲ 22.68
Return on assets (ROA)-5.5%below the sector's middle half▼ 13.5pp-2.1%below the sector's middle half▲ 3.4pp1.1%within the sector's middle half▲ 3.2pp17.6%above the sector's middle half▲ 16.5pp11.2%within the sector's middle half▼ 6.3pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2021 Net result +63% on 2020. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€250,000€0€250,000€500,000€750,000Operating result 2020: -€85,993-€85,993Net result 2020: -€181,159-€181,159Operating result 2021: -€56,329-€56,329Net result 2021: -€66,944-€66,944Operating result 2022: -€47,482-€47,482Net result 2022: €33,942€33,942Operating result 2023: -€65,140-€65,140Net result 2023: €664,805€664,805Operating result 2024: -€11,898-€11,898Net result 2024: €463,398€463,39820202021202220232024-€200,000€0€200,000€400,000€600,000Operating result 2022: -€47,482-€47,500Net result 2022: €33,942€33,900Operating result 2023: -€65,140-€65,100Net result 2023: €664,805€665,000Operating result 2024: -€11,898-€11,900Net result 2024: €463,398€463,000202220232024
The operating result stays negative: a loss of €11,898 in 2024 against €65,140 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.1m
Fixed assets €2.8m ▼ 9.8%
Current assets €1.3m ▲ 102%
Equity and liabilities €4.1m
Equity €4.1m ▲ 11.0%
Debt €47,302 ▼ 56.6%
Debt's share of the balance-sheet total falls from 2.9% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€153,624▲
2023 · €78,845
Cash flow
€628,921▼
2023 · €808,789
Debt to equity
0.01▼
2023 · 0.03
ROE
11.4%▼
2023 · 18.1%
Interest coverage
41.17▲
2023 · 20.05
Debt ≤ 1 year
€44,993▼
2023 · €109,067
Income taxes
€151,654▼
2023 · €259,454
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 20,134 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 57 lines
Balance sheet Code20232024
Assets
Total assets20/58€3.8m€4.1m▲
Fixed assets21/28€3.1m€2.8m▼
Tangible fixed assets22/27€3.0m€2.7m▼
Land and buildings22€2.9m€2.6m▼
Plant, machinery and equipment23€3,010€1,762▼
Furniture and vehicles24€99,499€75,711▼
Financial fixed assets28€155,545€121,137▼
Current assets29/58€632,921€1.3m▲
Amounts receivable after more than one year29€256,092€256,092=
Other amounts receivable291€256,092€256,092=
Amounts receivable within one year40/41€91,232€61,990▼
Trade receivables40€72,824€37,366▼
Other amounts receivable41€18,408€24,624▲
Current investments50/53€242,909€902,774▲
Cash at bank and in hand54/58€42,689€60,657▲
Equity and liabilities
Total equity and liabilities10/49€3.8m€4.1m▲
Equity10/15€3.7m€4.1m▲
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€3.6m€4.0m▲
Non-distributable reserves130/1€6,197€6,197=
Legal reserve130€6,197€6,197=
Tax-exempt reserves132€324,170€513,620▲
Distributable reserves133€3.3m€3.5m▲
Profit (loss) carried forward14€3,712€2,660▼
Amounts payable17/49€109,067€47,302▼
Amounts payable within one year42/48€109,067€44,993▼
Trade debts44€51,956€2,191▼
Suppliers440/4€51,956€2,191▼
Taxes, remuneration and social security45€19,036€14,219▼
Taxes450/3€19,036€14,219▼
Other amounts payable47/48€38,075€28,582▼
Accrued charges and deferred income492/3-€2,309
Income statement Code20232024
Non-recurring operating income76A€10,452-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€143,984€165,522▲
Other operating charges640/8€34,802€12,115▼
Non-recurring operating charges66A€19,304€22,057▲
Gross operating margin9900€132,950€187,796▲
Operating profit (loss)9901-€65,140-€11,898▲
Financial income75/76B€993,331€630,682▼
Recurring financial income75€993,331€630,682▼
Financial charges65/66B€3,933€3,731▼
Recurring financial charges65€3,933€3,731▼
Profit (loss) for the period before taxes9903€924,259€615,053▼
Income taxes67/77€259,454€151,654▼
Profit (loss) for the period9904€664,805€463,398▼
Transfer from tax-exempt reserves789€30,608-
Transfer to tax-exempt reserves689€324,170€189,450▼
Profit (loss) for the period to be appropriated9905€371,243€273,948▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.3m€277,660▼
Profit (loss) brought forward from the previous period14P€2.9m€3,712▼
Transfer from equity791/2€677-
Transfer to equity691/2€3.3m€215,000▼
To other reserves6921€3.3m€215,000▼
Profit to be distributed694/7-€60,000
Return on contributions (dividend)694-€60,000

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70-€232,137€295,387---
Non-recurring operating income76A-€70€55,715€10,452--
Goods, raw materials, services and sundry goods60/61-€199,624€247,223---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€129,449€127,969€122,713€143,984€165,522▲ 15.0%
Other operating charges640/8-€18,109€28,647€34,802€12,115▼ 65.2%
Non-recurring operating charges66A-€0-€19,304€22,057▲ 14.3%
Gross operating margin9900€66,945€89,749€103,878€132,950€187,796▲ 41.3%
Operating profit (loss)9901-€85,993-€56,329-€47,482-€65,140-€11,898▲ 81.7%
Financial income75/76B-€21,396€20,563€993,331€630,682▼ 36.5%
Recurring financial income75€23,774€21,136€20,563€993,331€630,682▼ 36.5%
Non-recurring financial income76B-€260----
Financial charges65/66B-€10,824€5,608€3,933€3,731▼ 5.1%
Recurring financial charges65€11,717€10,768€5,608€3,933€3,731▼ 5.1%
Non-recurring financial charges66B-€56----
Profit (loss) for the period before taxes9903-€76,189-€45,757-€32,528€924,259€615,053▼ 33.5%
Income taxes67/77€104,970€21,187-€66,470€259,454€151,654▼ 41.5%
Profit (loss) for the period9904-€181,159-€66,944€33,942€664,805€463,398▼ 30.3%
Transfer from tax-exempt reserves789-€191-€30,608--
Transfer to tax-exempt reserves689---€324,170€189,450▼ 41.6%
Profit (loss) for the period to be appropriated9905-€181,159-€66,753€33,942€371,243€273,948▼ 26.2%
Line20202021202220232024Change
Assets
Total assets20/58€3.3m€3.2m€3.2m€3.8m€4.1m▲ 9.0%
Fixed assets21/28€2.6m€2.5m€2.5m€3.1m€2.8m▼ 9.8%
Intangible fixed assets21--€0---
Tangible fixed assets22/27€2.5m€2.4m€2.3m€3.0m€2.7m▼ 9.1%
Land and buildings22-€2.4m€2.3m€2.9m€2.6m▼ 8.6%
Plant, machinery and equipment23-€6,033€2,463€3,010€1,762▼ 41.5%
Furniture and vehicles24-€10,217€4,730€99,499€75,711▼ 23.9%
Financial fixed assets28€120,343€151,572€170,596€155,545€121,137▼ 22.1%
Current assets29/58€685,427€637,290€708,183€632,921€1.3m▲ 102%
Amounts receivable after more than one year29-€271,202€259,838€256,092€256,092=
Other amounts receivable291-€271,202€259,838€256,092€256,092=
Amounts receivable within one year40/41€30,542€34,580€94,773€91,232€61,990▼ 32.1%
Trade receivables40-€30,005€77,971€72,824€37,366▼ 48.7%
Other amounts receivable41-€4,575€16,801€18,408€24,624▲ 33.8%
Current investments50/53€205,812€205,445€124,535€242,909€902,774▲ 272%
Cash at bank and in hand54/58€176,645€123,175€226,558€42,689€60,657▲ 42.1%
Deferred charges and accrued income490/1-€2,888€2,478---
Equity and liabilities
Total equity and liabilities10/49€3.3m€3.2m€3.2m€3.8m€4.1m▲ 9.0%
Equity10/15€3.0m€3.0m€3.0m€3.7m€4.1m▲ 11.0%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10-€61,973€61,973€61,973€61,973=
Issued capital100-€61,973€61,973€61,973€61,973=
Reserves13€36,996€36,805€57,482€3.6m€4.0m▲ 11.2%
Non-distributable reserves130/1-€6,197€26,875€6,197€6,197=
Legal reserve130-€6,197€26,875€6,197€6,197=
Tax-exempt reserves132-€30,608€30,608€324,170€513,620▲ 58.4%
Distributable reserves133---€3.3m€3.5m▲ 6.6%
Profit (loss) carried forward14€2.9m€2.9m€2.9m€3,712€2,660▼ 28.3%
Amounts payable17/49€249,670€173,916€193,064€109,067€47,302▼ 56.6%
Amounts payable after more than one year17€93,562€99,408----
Other amounts payable178/9-€99,408----
Amounts payable within one year42/48€150,553€74,508€193,064€109,067€44,993▼ 58.7%
Trade debts44€6,405€2,039€97,546€51,956€2,191▼ 95.8%
Suppliers440/4-€2,039€97,546€51,956€2,191▼ 95.8%
Taxes, remuneration and social security45-€5,248€4,998€19,036€14,219▼ 25.3%
Taxes450/3-€5,248€4,998€19,036€14,219▼ 25.3%
Other amounts payable47/48-€67,221€90,520€38,075€28,582▼ 24.9%
Accrued charges and deferred income492/3----€2,309-
Line20202021202220232024Change
Profit (loss) for the period9904-€181,159-€66,944€33,942€664,805€463,398▼ 30.3%
+ Depreciation and write-downs630€129,449€127,969€122,713€143,984€165,522▲ 15.0%
Operating cash flow (approximation)-€51,710€61,025€156,655€808,789€628,921▼ 22.2%
Investment in fixed assets (approximation)--€33,412-€95,585-€800,053€141,435▲ 118%
Change in cash--€53,470€103,383-€183,870€17,968▲ 110%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
State Gazette act Reappointment: Pierre Robin (director)
Appointment: Pierre Robin (chair of the board) · Permanent representative: Pierre Robin7 facts ▸
  • General meeting, 03-06-2026
  • Director reappointment, Pierre Robin (director)
  • Director appointment, Pierre Robin (chair of the board)
  • Permanent representative, Pierre Robin (permanent representative)
  • Board meeting, 03-06-2026
  • Director in office, Pierre Robin (daily management delegate)
  • Permanent representative, Pierre Robin (permanent representative)
26-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 5current ratio 28.48
Current ratio from 5.80 to 28.48; short-term debt falls from €109,067 to €44,993.
23-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
31-12
Financial Highest result since 2018net €664,805 ▲1,859%
Net result €664,805, the highest in the series.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €33,942
Net result €33,942 after 2 loss-making years.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
14-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€181,159
Net result drops to -€181,159, the lowest in the series; recovery starts the following year.
06-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
08-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts

Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
Pierre Robin
Chair of the board · since 29-07-2026 · Director
Current
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
12 of this company's 13 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, Ciney · 1 establishment unit since 2013
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

rue Montaïsse-Haid(Haversin) 195590 Ciney
1 establishment unit
PROQUITY
rue Montaïsse-Haid(Haversin) 19, 5590 CineyOther financial services
since 20132.216.145.043

Mandate history

1 person since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Pierre Robin
  • Chair of the board, from 29-07-2026 to date
  • Director, already before 29-07-2026 to date
See the board, name and seat on a given date →

Articles of association

Daily management

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Recognitions · licences · registrations

Legal Entity Identifier

2549003JBDVSO6QQNX54
live in the LEI register

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 12,994 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
Founded13-06-1997
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID 0208:0460854324
Registered 30-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.