PROSAFE
ActiveSummary
The annual accounts of PROSAFE for financial year 2025 show a net loss of 143% of total assets and of 89% of the equity at the start of that year. The 2025 annual accounts show equity of €11,020 and a net result of -€88,776. Equity is shrinking by about 26% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 24% of 9,778 sector peers (NACE 46, financial year 2025). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Wholesale of clothing, excluding workwear and underwear
NACE 46423
5 sites
Size
€61,986total assets 2025
- Equity
- €11,020
- Loss
- -€88,776
Structure
- DE COUVREUR Guillaume PierreChair
- DE COUVREUR Eric Louis MichelDirector
- DE COUVREUR Sarah ElodieDirector
2025 accounts filed 31 days late2 of 11 deeds summarised
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €88,776, the second in a row (financial year 2025)Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskSize: total assets €61,986Founded in 1992Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 46, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
43-54
equity 17.8% of total assets
Liquidity
9-30
short-term debt 77.5% · cash 0.6%
Profitability
0=
return on assets -143.2%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.9%
12-2024: 0.9%● unchanged vs 11-2024
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▼ -0.2 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.7%▼ -0.1 percentage points vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026lowest value
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.8%▲ +0.1 percentage points vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.3%▲ +0.5 percentage points vs 07-2026
09-2026: 1.4%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 1.4%● unchanged vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.78, compared with 2.71 in 2024, below 1; short-term debt: 77.5% and cash: 0.6% of total assets), and 82.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 29% on solvency, 10% on liquidity, 6% on profitability and 5% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€88,776
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9778 sector peers (2025).
NBB · sector comparisonPosition among 9778 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
6 days early
2023
30 days late
2022
32 days late
2021
31 days late
2020
108 days late
2019
132 days late
← 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 51 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Reappointments: DE COUVREUR Guillaume (director) and…Correction
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00456241.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€88,776▼ 173%
2024 · -€32,562
Working capital
-€10,676
2024 · €65,262
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €88,489 in 2025 against €32,129 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.09m
2025
Net result-€0.09m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.06m
2025
Equity€0.01m
2025
Debt€0.05m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.01m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-143.2%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency17.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.78
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)1.7
2020
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.1m--€0.1m▲ 8.7%€0.3m-€0.3m-€0.09m▲ 71.1%-€0.06m▲ 35.6%-€0.03m▲ 42.9%-€0.09m▼ 175%
Net result-€0.1m--€0.1m▲ 6.3%€0.3mwithin the sector's middle half-€0.3mbelow the sector's middle half-€0.09mbelow the sector's middle half▲ 70.3%-€0.06mbelow the sector's middle half▲ 35.0%-€0.03mbelow the sector's middle half▲ 44.7%-€0.09mbelow the sector's middle half▼ 173%
Equity€0.4m-€0.3m▼ 31.3%€0.6mwithin the sector's middle half▲ 94.4%€0.3mwithin the sector's middle half▼ 51.9%€0.2mbelow the sector's middle half▼ 32.1%€0.1mwithin the sector's middle half▼ 30.8%€0.1mwithin the sector's middle half▼ 24.6%€0.01mbelow the sector's middle half▼ 89.0%
Total assets€1.1m-€1.0m▼ 10.1%€0.7mbelow the sector's middle half▼ 31.7%€0.4mbelow the sector's middle half▼ 33.3%€0.2mbelow the sector's middle half▼ 54.0%€0.2mwithin the sector's middle half▼ 25.6%€0.1mwithin the sector's middle half▼ 8.5%€0.06mbelow the sector's middle half▼ 55.0%
Debt€0.6m-€0.7m▲ 4.5%€0.07m▼ 89.0%€0.2m▲ 115%€0.01m▼ 92.9%€0.02m▲ 62.4%€0.04m▲ 109%€0.05m▲ 33.9%
Working capital€0.2m-€0.1m▼ 49.4%€0.5mwithin the sector's middle half▲ 351%€0.2mwithin the sector's middle half▼ 58.3%€0.1mwithin the sector's middle half▼ 38.5%€0.09mwithin the sector's middle half▼ 35.0%€0.07mwithin the sector's middle half▼ 23.4%-€0.01mbelow the sector's middle half
Solvency40.8%-31.2%▼ 9.6pp88.9%above the sector's middle half▲ 57.7pp64.1%above the sector's middle half▼ 24.8pp94.4%above the sector's middle half▲ 30.4pp87.9%above the sector's middle half▼ 6.6pp72.4%above the sector's middle half▼ 15.5pp17.8%below the sector's middle half▼ 54.6pp
Current ratio1.35-1.17▼ 0.187.98above the sector's middle half▲ 6.812.36within the sector's middle half▼ 5.6314.08above the sector's middle half▲ 11.725.67above the sector's middle half▼ 8.412.71within the sector's middle half▼ 2.960.78below the sector's middle half▼ 1.94
Return on assets (ROA)-13.6%--14.2%▼ 0.6pp43.2%above the sector's middle half▲ 57.4pp-69.2%below the sector's middle half▼ 112.4pp-44.7%below the sector's middle half▲ 24.5pp-39.1%below the sector's middle half▲ 5.6pp-23.6%below the sector's middle half▲ 15.4pp-143.2%below the sector's middle half▼ 119.6pp
Staff (FTE)4-3.6▼ 10.0%1.7below the sector's middle half▼ 52.8%
above
within
below
the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61,986
Fixed assets
€24,652 ▼ 28.6%
Current assets
€37,334 ▼ 63.9%
Equity and liabilities €61,986
Equity
€11,020 ▼ 89.0%
Debt
€50,966 ▲ 33.9%
Debt's share of the balance-sheet total rises from 27.6% to 82.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€78,609▼
2024 · -€22,248
Cash flow
-€78,895▼
2024 · -€22,682
Quick ratio
0.42▼
2024 · 0.72
Debt to equity
4.63▲
2024 · 0.38
ROE
-805.6%▼
2024 · -32.6%
Interest coverage
-274.57▼
2024 · -51.31
Debt ≤ 1 year
€48,010▲
2024 · €38,077
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,221 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 88.5% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
3.8%
went bankrupt
7.4%
stopped otherwise
88.5%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 1,221 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €91,825 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,424 | €29,981 | €12,241 | €12,691 | €11,462 | €11,069 | €9,880 | €9,880 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €349,803 | - | - | - | €58,714 | - |
| Other operating charges640/8 | - | - | - | €6,286 | €2,887 | €4,970 | €2,403 | €4,876 | ▲ 103% |
| Non-recurring operating charges66A | - | - | - | - | €9,397 | - | - | - | - |
| Gross operating margin9900 | €48,360 | €28,686 | €419,191 | €66,501 | -€63,517 | -€40,196 | -€19,845 | -€15,018 | ▲ 24.3% |
| Operating profit (loss)9901 | -€133,143 | -€121,544 | €297,383 | -€302,279 | -€87,263 | -€56,234 | -€32,129 | -€88,489 | ▼ 175% |
| Financial income75/76B | - | - | - | €5 | - | - | - | €0 | - |
| Recurring financial income75 | €3,133 | €37 | €21 | €5 | - | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €1,943 | €2,634 | €2,306 | €434 | €286 | ▼ 34.0% |
| Recurring financial charges65 | €16,368 | €15,427 | €12,567 | €1,943 | €2,634 | €2,306 | €434 | €286 | ▼ 34.0% |
| Profit (loss) for the period before taxes9903 | -€146,378 | -€136,934 | €284,837 | -€304,218 | -€89,896 | -€58,540 | -€32,562 | -€88,776 | ▼ 173% |
| Income taxes67/77 | - | €290 | €267 | - | €561 | €294 | - | - | - |
| Profit (loss) for the period9904 | -€146,378 | -€137,224 | €284,570 | -€304,218 | -€90,458 | -€58,835 | -€32,562 | -€88,776 | ▼ 173% |
| Profit (loss) for the period to be appropriated9905 | -€146,378 | -€137,224 | €284,570 | -€304,218 | -€90,458 | -€58,835 | -€32,562 | -€88,776 | ▼ 173% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.0m | €0.7m | €0.4m | €0.2m | €0.2m | €0.1m | €0.06m | ▼ 55.0% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.08m | €0.07m | €0.06m | €0.05m | €0.03m | €0.02m | ▼ 28.6% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.07m | €0.07m | €0.06m | €0.05m | €0.03m | €0.02m | ▼ 30.0% |
| Land and buildings22 | - | - | - | €0.06m | €0.05m | €0.04m | €0.03m | €0.02m | ▼ 30.0% |
| Furniture and vehicles24 | - | - | - | €0.003m | €0.004m | €0.003m | - | - | - |
| Other tangible fixed assets26 | - | - | - | €0.004m | €0.003m | - | - | - | - |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €0.9m | €0.8m | €0.6m | €0.4m | €0.1m | €0.1m | €0.1m | €0.04m | ▼ 63.9% |
| Stocks and contracts in progress3 | €0.6m | €0.6m | €0.5m | €0.1m | €0.09m | €0.08m | €0.08m | €0.02m | ▼ 77.2% |
| Stocks30/36 | - | - | - | €0.1m | €0.09m | €0.08m | €0.08m | €0.02m | ▼ 77.2% |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.08m | €0.2m | €0.03m | €0.02m | €0.03m | €0.02m | ▼ 26.9% |
| Trade receivables40 | - | - | - | €0.1m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 26.5% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.008m | €0.004m | €0.003m | €0.002m | ▼ 29.0% |
| Cash at bank and in hand54/58 | €0.04m | €0.02m | €0.02m | €0.03m | €0.01m | €0.002m | €367 | €383 | ▲ 4.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.002m | €0.001m | €0.001m | €409 | ▼ 38.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €0.7m | €0.4m | €0.2m | €0.2m | €0.1m | €0.06m | ▼ 55.0% |
| Equity10/15 | €0.4m | €0.3m | €0.6m | €0.3m | €0.2m | €0.1m | €0.1m | €0.01m | ▼ 89.0% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.4m | €0.2m | €0.5m | €0.2m | €0.1m | €0.07m | €0.04m | €0.04m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.1m | €0.06m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | - | -€0.09m | - |
| Amounts payable17/49 | €0.6m | €0.7m | €0.07m | €0.2m | €0.01m | €0.02m | €0.04m | €0.05m | ▲ 33.9% |
| Amounts payable within one year42/48 | €0.6m | €0.7m | €0.07m | €0.2m | €0.01m | €0.02m | €0.04m | €0.05m | ▲ 26.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | - | - | - | - | - |
| Trade debts44 | €0.2m | €0.1m | €0.05m | €0.1m | €0.008m | €0.006m | €0.007m | €0.007m | ▲ 2.0% |
| Suppliers440/4 | - | - | - | €0.1m | €0.008m | €0.006m | €0.007m | €0.007m | ▲ 2.0% |
| Other amounts payable47/48 | - | - | - | €0.01m | €0.002m | €0.01m | €0.03m | €0.04m | ▲ 31.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | - | - | €0.003m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€146,378 | -€137,224 | €284,570 | -€304,218 | -€90,458 | -€58,835 | -€32,562 | -€88,776 | ▼ 173% |
| + Depreciation and write-downs630 | €39,424 | €29,981 | €12,241 | €12,691 | €11,462 | €11,069 | €9,880 | €9,880 | = |
| Operating cash flow (approximation) | -€106,953 | -€107,243 | €296,811 | -€291,527 | -€78,996 | -€47,766 | -€22,682 | -€78,895 | ▼ 248% |
| Investment in fixed assets (approximation) | - | -€247 | €101,395 | -€7,117 | -€3,267 | €3,138 | €2,733 | €0 | ▼ 100% |
| Change in cash | - | -€24,915 | €3,821 | €5,265 | -€15,127 | -€11,847 | -€1,177 | €17 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00456241 |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00320009 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00409648 |
| 31-12-2022 | full format | 01-09-2023 | 2023-00418441 |
| 31-12-2021 | full format | 31-08-2022 | 2022-20374939 |
| 31-12-2020 | full format | 16-11-2021 | 2021-77400068 |
| 31-12-2019 | full format | 10-12-2020 | 2020-75700180 |
| 31-12-2018 | full format | 19-09-2019 | 2019-64800422 |
| 31-12-2017 | full format | 26-09-2018 | 2018-65200362 |
| 31-12-2016 | full format | 29-09-2017 | 2017-65900057 |
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Of the 1,267 active companies whose main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423), figures are known for 821. 358 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.
Directors
Directors
3 directors, 1 in day-to-day management, last change in 2024
Board 3
DE COUVREUR Guillaume Pierre
CurrentChair and managing director · since 10-01-2024 · Director
DE COUVREUR Eric Louis Michel
CurrentDirector
DE COUVREUR Sarah Elodie
CurrentDirector
Day-to-day management 1
DE COUVREUR Guillaume Pierre
CurrentChair and managing director · since 10-01-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
9 of this company's 11 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
3 people since 2024, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| DE COUVREUR Eric Louis Michel |
|
| DE COUVREUR Guillaume Pierre |
|
| DE COUVREUR Sarah Elodie |
|
Owners and capital
Capital and shareholders
Capital over the years
- 10-01-2024 Capital stated in the deed · €62,000 · 125 shares
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
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Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format · 31 days late
2025
03-09
Gazette deed
Reappointments: DE COUVREUR Guillaume (director) and DE COUVREUR Sarah (director)Correction3 facts ▸
Gazette deed
Reappointments: DE COUVREUR Guillaume (director) and DE COUVREUR Sarah (director)
Correction3 facts ▸
- Correction, “replacement of 7th resolution text, 7ème résolutiion” (deed in French)
- Director reappointment, DE COUVREUR Guillaume (director)
- Director reappointment, DE COUVREUR Sarah (director)
25-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
30-08
NBB filing
Annual accounts filed
financial year 2023 · micro format · 30 days late
10-01
Gazette deed
Resignations: DE COUVREUR Eric Louis Michel, DE COUVREUR Guillaume Pierre and DE COUVREUR Sarah ElodieReappointments: DE COUVREUR Eric Louis Michel, DE COUVREUR Guillaume Pierre and DE COUVREUR Sarah Elodie · Appointment: DE COUVREUR Guillaume Pierre (chair and managing director) · Amendment of the articles18 facts ▸
Gazette deed
Resignations: DE COUVREUR Eric Louis Michel, DE COUVREUR Guillaume Pierre and DE COUVREUR Sarah Elodie
Reappointments: DE COUVREUR Eric Louis Michel, DE COUVREUR Guillaume Pierre and DE COUVREUR Sarah Elodie · Appointment: DE COUVREUR Guillaume Pierre (chair and managing director) · Amendment of the articles18 facts ▸
- General meeting, 21-12-2023
- Amendment of the articles (2 times)
- Capital, €62,000
- Board meeting, “unanimité, donner mission au notaire d'établir et signer la coordination des statuts et assurer son dépôt” (deed in French)
- Registered office clause, “unanimité, Ottignies-Louvain-la-Neuve (1341 Céroux-Mousty), rue de la Margelle”, 3 (deed in French)
- Director resignation, DE COUVREUR Eric Louis Michel (director)
- Director resignation, DE COUVREUR Guillaume Pierre (director)
- Director resignation, DE COUVREUR Sarah Elodie (director)
- Director reappointment, DE COUVREUR Eric Louis Michel (director)
- Director reappointment, DE COUVREUR Guillaume Pierre (director)
- Director reappointment, DE COUVREUR Sarah Elodie (director)
- Board meeting, “unanimité, conférer tous pouvoirs à l'organe d'administration pour l'exécution des résolutions” (deed in French)
- +6 further facts in this act
2023
01-09
NBB filing
Annual accounts filed
financial year 2022 · full format · 32 days late
2022
31-12
Financial
Liquidity more than 5 timescurrent ratio 14.08
Current ratio from 2.36 to 14.08; short-term debt falls from €156,930 to €10,021.
31-08
NBB filing
Annual accounts filed
financial year 2021 · full format · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€304,218
Net result drops to -€304,218, the lowest in the series; recovery starts the following year.
16-11
NBB filing
Annual accounts filed
financial year 2020 · full format · 108 days late
2020
31-12
Financial
Back to profitnet €284,570
Net result €284,570 after 2 loss-making years.
31-12
Financial
Liquidity more than 6 timescurrent ratio 7.98
Current ratio from 1.17 to 7.98; short-term debt falls from €663,369 to €73,149.
Show earlier events
31-12
Financial
Equity above €500,000equity €585,867 ▲94.4%
Equity rises from €301,298 to €585,867.
10-12
NBB filing
Annual accounts filed
financial year 2019 · full format · 132 days late
2019
19-09
NBB filing
Annual accounts filed
financial year 2018 · full format · 50 days late
2018
26-09
NBB filing
Annual accounts filed
financial year 2017 · full format · 57 days late
2017
29-09
NBB filing
Annual accounts filed
financial year 2016 · full format · 60 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 34 annual accounts filed, the latest 10 are here; all 34 are under Financials.
2 of 11 deeds read
About the unread acts
Of the 11 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPublic limited company
Founded21-01-1992
Financial year end31-12
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446498423
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 5 establishment units since 1992
Ground area
2.7 ha
Building footprint
770 m²
Building volume
5,942 m³
5 parcels, Brussels, Flanders, Wallonia · tallest building 14.0 m. Linked by address, not a title deed.
5 establishment units
PROSAFE
since 1992unit no. 2.056.347.342
PROSAFE
since 1997unit no. 2.175.500.360
PROSAFE
since 1999unit no. 2.175.499.271
PROSAFE
since 2005unit no. 2.175.560.342
PROSAFE
since 2008unit no. 2.175.503.330
5 parcels
Flanders
1
(20%)
Wallonia
3
(60%)
Brussels
1
(20%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25013F0119/00K000 | Wallonia | 2.6 ha | 1 · 428 m² | 11.9 m · 3 |
| 25016C0170/00M000 | Wallonia | 1,025 m² | 1 · 100 m² | 7.9 m · 2 |
| 92062D0070/00G003 | Wallonia | 272 m² | 1 · 89 m² | - |
| 35021A0011/00K000 | Flanders | 100 m² | 1 · 74 m² | 12.4 m · 3 |
| 21362B0031/00A004 | Brussels | 94 m² | 1 · 79 m² | 14.0 m · 3 |
How the parcels are linked
Good to know
All 5 parcels match the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’achat, la vente, l’importation, l’exportation pour elle-même ou pour compte de tiers de tous articles de protection tels que vêtements…” (deed in French)
3 activities (deed in French)
- L’achat, la vente, l’importation, l’exportation pour elle-même ou pour compte de tiers de tous articles de protection tels que vêtements, chaussures, masques ou accessoires, etc…
- La fabrication des produits prédécrits.
- Toute l’activité de conseil concernant le secteur prédécrit tant la fabrication, de l’entretien que l’achat et la vente.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Société anonyme ou S.A., registre des personnes morales ou R.P.M.
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “PROSAFE S.A” (deed in French)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, assemblée générale constatée par acte authentique” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Composition du conseil d'administration, 3” (deed in French)“Administrateur unique, l'ensemble des pouvoirs du conseil d'administration” (deed in French)“Présidence du conseil d'administration, le conseil d'administration élit parmi ses membres un président” (deed in French)“Au lieu indiqué dans la convocation et à défaut, au siège de la société, Convocation du conseil d'administration” (deed in French)“Délibérations du conseil d'administration, la moitié au moins de ses membres sont présents ou représentés” (deed in French)“En cas de partage la voix de celui qui préside la réunion est prépondérante, Voix prépondérante” (deed in French)“Procès-verbaux du conseil d'administration, signés par le président de la réunion et par la majorité au moins des membres présents/les…” (deed in French)“Accomplir tous les actes nécessaires ou utiles à la réalisation de l'objet de la société, Pouvoirs du conseil d'administration” (deed in French)“Un ou plusieurs de ses membres, qui portent le titre d'administrateur-délégué, ou à un ou plusieurs directeurs” (deed in French)“Indemnité fixe ou variable, Rémunération des administrateurs” (deed in French)2 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Actionnaire peut demander la conversion de ses actions en actions nominatives à tout moment, nominatives ou dématérialisées” (deed in French)“Registre des actions pourra être tenu en la forme électronique, usufruitier et nu-propriétaire inscrits séparément dans le registre des…” (deed in French)“Titulaire de titres dématérialisés peut demander la conversion en titres nominatifs à tout moment, nominatifs ou dématérialisés” (deed in French)“En cas de décès de l'actionnaire unique, l'exercice des droits afférents aux actions est suspendu jusqu'au jour du partage ou jusqu'à la…” (deed in French)1 more provision on this in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Les actions de la société sont transmises librement entre vifs ou pour cause de mort de l'actionnaire” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Actions, obligations convertibles ou droits de souscription, offerts par préférence aux actionnaires proportionnellement à la partie du…” (deed in French)“Courrier ordinaire ou e-mail avec indication du compte bancaire, souscripteurs s'engagent pour la totalité du montant représenté par leurs…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Tuesday of May at 16:00
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Désignation des liquidateurs, par l'assemblée générale” (deed in French)