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PROSAFCO

Active
Public limited companyfounded 2008active for 18 yearsOvenhoek 2, 8800 Roeselare, BelgiumKBO/BCE: BE 0896.106.685
Summary

PROSAFCO has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of €14,165. Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 33% of 582 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-02-2008 Normal situation
Activity
Other education NACE 85599and 1 other
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
Establishment units
2.089.821.943 3960 Bree, since 29-12-1998
2.169.171.309 8800 Roeselare, since 19-02-2008and 6 others
Financial year end
31 December
Peppol
Reachable since 01-01-0001

Board and ownership

Board
  • NOVITASManaging director · permanent representative Michel Waumans
  • Franck RAMOUTDirector · since 30-04-2024
Shareholders
  • R.G. SAFETY SASannual accounts 2025

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€44.0m
▼ 2.1%
Profit
€14,165
Equity
€5.7m
▲ 0.2%
Total assets
€18.4m
▼ 10.7%
Employees on 31-12-2025
103
▲ 4.0%
Score breakdownraises riskProfit of €14,165 (financial year 2025)lowers riskSector: Education (NACE 85)Figures for financial year 2025 (filed on 23-06-2026)Legal form: public limited companyShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 17% of medium-sized companies in education (NACE 85)
Financial strength · tick: 2024
Average
Solvency 56+4
equity 30.8% of total assets
Liquidity 45-9
short-term debt 39.6% · cash 10.6%
Profitability 36+3
return on assets 0.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (158 companies, NACE 85, medium-sized)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.59 (1.77 in 2024), above the usual 1.5. Short-term debt is 39.6% and cash 10.6% of total assets. However, 69.2% of the assets are financed with debt and provisions.
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 85, medium-sized). It does better than 18% of them on solvency, 10% on liquidity, 10% on profitability and 31% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Figures for financial year 2025 (filed on 23-06-2026)
NBB · annual accounts
raises risk · Profit of €14,165 (financial year 2025)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
42 days early
2023
23 days early
2022
1 day late
2021
2 days early
2020
11 days early
2019
45 days late
← 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 10 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% 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 9 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €102,032 in 2024 €14,165 View
  • Positive: More equity than 95% of companies in educationsector median €560,990 · 582 companies €5.7m View
  • Merger with BEROEPSKLEDING LANDUYTmerger on 03-07-2026 2026 View

Recent changes

  1. · Gazette deed Reappointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Tom Quittelier
  2. · Gazette deed Merger: PROSAFCO takes over BEROEPSKLEDING LANDUYTDissolution of the company
  3. · Gazette deed Merger proposal: PROSAFCO NV takes over Beroepskleding Landuyt NV
All 23 events

Comparable companies

These companies have the same main activity as PROSAFCO: other education (NACE 85599). They are comparable in size and age: total assets between €6.2m and €32m, founded between 1985 and 2016.

CompanyTotal assetsTurnover
PROSAFCO Roeselare€18.4m€44.0m
EDUCAM SERVICE Evere€20.0m€12.0m
besox Knokke-Heist€32.4m€9.8m
CLL - Centres de Langues Ottignies-Louvain-la-Neuve€15.9m€14.7m
ELAN LANGUAGES Heusden-Zolder€20.8m€8.3m
G.I.M. - GEOGRAPHIC INFORMATION MANAGEMENT Leuven€10.6m€7.1m
Formateurs associés Sint-Gillis (bij-Brussel)€6.2m€7.3m
Full comparison

Key facts about PROSAFCO

What is the company number of PROSAFCO?
The company number of PROSAFCO is 0896.106.685. The VAT number is the same number with BE in front: BE 0896.106.685.
Where is PROSAFCO based?
The registered office is at Ovenhoek 2, 8800 Roeselare.Company details
What does PROSAFCO do?
According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of PROSAFCO?
The legal form of PROSAFCO is Public limited company (NV).
When was PROSAFCO founded?
PROSAFCO was founded on 19-02-2008.
Is PROSAFCO still active?
Yes, PROSAFCO is an active enterprise in the KBO register.
How many employees does PROSAFCO have?
PROSAFCO had an average of 97.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PROSAFCO fall under?
In its 2024 annual accounts, PROSAFCO states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of PROSAFCO?
The turnover of PROSAFCO was €44.0m in financial year 2025, according to the filed annual accounts.
Is PROSAFCO profitable?
In financial year 2025, PROSAFCO made a profit of €14,165.
Where can I find the annual accounts of PROSAFCO?
PROSAFCO filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROSAFCO due?
PROSAFCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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