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PROSEARCH HARDWARE

Active
Private limited companyfounded 198145 yrs activeEverselstraat 80, 3580 Beringen, BelgiumKBO/BCE: BE 0421.382.648
Summary

PROSEARCH HARDWARE has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,986 and a net result of €1,560. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 62% of 2737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability70=
Solvency85▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.04 in 2024; short-term debt: 39.9% and cash: 3.1% of total assets), and 39.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 45 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60.1%
Return on assets
1%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
61 d late
2023
91 d late
2022
31 d late
2021
9 d early
2020
30 d late
2019
119 d 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 for financial year 2024 is 9 days before the deadline, and 33% 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 31 August (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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 23 March 1981, PROSEARCH HARDWARE was incorporated.1 Total assets went from EUR 210,253 in 2018 to EUR 159,803 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€95,986▲ 1.7%
2024 · €94,426
Total assets
€159,803▼ 11.6%
2024 · €180,789
Net result
€1,560▼ 18.3%
2024 · €1,909
Working capital
€21,137▲ 563%
2024 · €3,190
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€3,396▲ 174%€1,519▼ 55.3%-€1,263€2,883€2,042▼ 29.2%
Net result€2,037within the sector's middle half▲ 2,000%-€49within the sector's middle half€194within the sector's middle half€1,909within the sector's middle half▲ 883%€1,560within the sector's middle half▼ 18.3%
Equity€92,371within the sector's middle half▲ 2.3%€92,322within the sector's middle half▼ 0.1%€92,517within the sector's middle half▲ 0.2%€94,426within the sector's middle half▲ 2.1%€95,986within the sector's middle half▲ 1.7%
Total assets€180,360below the sector's middle half▼ 10.3%€183,420below the sector's middle half▲ 1.7%€191,138below the sector's middle half▲ 4.2%€180,789below the sector's middle half▼ 5.4%€159,803within the sector's middle half▼ 11.6%
Debt€87,989▼ 20.6%€91,098▲ 3.5%€98,622▲ 8.3%€86,363▼ 12.4%€63,817▼ 26.1%
Working capital-€29,108below the sector's middle half▲ 2.1%-€20,063below the sector's middle half▲ 31.1%-€13,915below the sector's middle half▲ 30.6%€3,190within the sector's middle half€21,137within the sector's middle half▲ 563%
Solvency51.2%within the sector's middle half▲ 6.3pp50.3%within the sector's middle half▼ 0.9pp48.4%within the sector's middle half▼ 1.9pp52.2%within the sector's middle half▲ 3.8pp60.1%within the sector's middle half▲ 7.8pp
Current ratio0.65below the sector's middle half▼ 0.020.78below the sector's middle half▲ 0.130.86below the sector's middle half▲ 0.081.04within the sector's middle half▲ 0.181.33within the sector's middle half▲ 0.29
Return on assets (ROA)1.1%within the sector's middle half▲ 1.1pp0.0%within the sector's middle half▼ 1.2pp0.1%within the sector's middle half▲ 0.1pp1.1%within the sector's middle half▲ 1.0pp1.0%within the sector's middle half▼ 0.1pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000€0€2,000€4,000Operating result 2021: €3,396€3,396Net result 2021: €2,037€2,037Operating result 2022: €1,519€1,519Net result 2022: -€49-€49Operating result 2023: -€1,263-€1,263Net result 2023: €194€194Operating result 2024: €2,883€2,883Net result 2024: €1,909€1,909Operating result 2025: €2,042€2,042Net result 2025: €1,560€1,56020212022202320242025-€2,000€0€2,000Operating result 2023: -€1,263-€1,260Net result 2023: €194€194Operating result 2024: €2,883€2,880Net result 2024: €1,909€1,910Operating result 2025: €2,042€2,040Net result 2025: €1,560€1,560202320242025
The operating result falls in 2025; 2025 is 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159,803
Fixed assets €74,850 ▼ 18.0%
Current assets €84,954 ▼ 5.1%
Equity and liabilities €159,803
Equity €95,986 ▲ 1.7%
Debt €63,817 ▼ 26.1%
Debt's share of the balance-sheet total falls from 47.8% to 39.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18,429▼
2024 · €19,077
Cash flow
€17,947▼
2024 · €18,103
Quick ratio
0.63▲
2024 · 0.41
Debt to equity
0.66▼
2024 · 0.91
ROE
1.6%▼
2024 · 2.0%
Interest coverage
50.15▲
2024 · 19.51
Debt ≤ 1 year
€63,817▼
2024 · €86,363
Income taxes
€141▲
2024 · €116
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% 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 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 497,340 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% 1.8%
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% 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 17,040 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 · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€180,789€159,803▼
Fixed assets21/28€91,236€74,850▼
Tangible fixed assets22/27€91,236€74,850▼
Land and buildings22€82,222€68,856▼
Plant, machinery and equipment23€9,014€5,994▼
Current assets29/58€89,553€84,954▼
Stocks and contracts in progress3€53,722€44,712▼
Stocks30/36€37,437€30,462▼
Contracts in progress37€16,285€14,250▼
Amounts receivable within one year40/41€32,980€32,337▼
Trade receivables40€32,980€32,337▼
Cash at bank and in hand54/58€31€4,940▲
Deferred charges and accrued income490/1€2,820€2,965▲
Equity and liabilities
Total equity and liabilities10/49€180,789€159,803▼
Equity10/15€94,426€95,986▲
Contributions10/11€10,000€10,000=
Reserves13€25,260€25,260=
Tax-exempt reserves132€2,600€2,600=
Distributable reserves133€22,660€22,660=
Profit (loss) carried forward14€59,166€60,726▲
Amounts payable17/49€86,363€63,817▼
Amounts payable within one year42/48€86,363€63,817▼
Financial debts43€1,254-
Credit institutions430/8€1,254-
Trade debts44€15,951€4,646▼
Suppliers440/4€15,951€4,646▼
Advances received on contracts in progress46-€200
Taxes, remuneration and social security45€5,554€1,793▼
Taxes450/3€3,554€1,793▼
Remuneration and social security454/9€2,000-
Other amounts payable47/48€63,605€57,179▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,194€16,387▲
Other operating charges640/8€1,589€1,697▲
Gross operating margin9900€20,666€20,126▼
Operating profit (loss)9901€2,883€2,042▼
Financial income75/76B€120€27▼
Recurring financial income75€75€27▼
Non-recurring financial income76B€45-
Financial charges65/66B€978€367▼
Recurring financial charges65€978€367▼
Profit (loss) for the period before taxes9903€2,026€1,701▼
Income taxes67/77€116€141▲
Profit (loss) for the period9904€1,909€1,560▼
Profit (loss) for the period to be appropriated9905€1,909€1,560▼
Appropriation of the result
Profit (loss) to be appropriated9906€59,166€60,726▲
Profit (loss) brought forward from the previous period14P€57,256€59,166▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€60-----
Remuneration, social security and pensions62-€179----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,624€14,625€14,624€16,194€16,387▲ 1.2%
Other operating charges640/8€1,363€1,557€1,576€1,589€1,697▲ 6.8%
Gross operating margin9900€19,383€17,880€14,938€20,666€20,126▼ 2.6%
Operating profit (loss)9901€3,396€1,519-€1,263€2,883€2,042▼ 29.2%
Financial income75/76B€30€620€4,186€120€27▼ 77.9%
Recurring financial income75€30€620€12€75€27▼ 64.7%
Non-recurring financial income76B--€4,174€45--
Financial charges65/66B€1,335€2,133€2,585€978€367▼ 62.4%
Recurring financial charges65€1,335€2,133€2,585€978€367▼ 62.4%
Profit (loss) for the period before taxes9903€2,091€6€338€2,026€1,701▼ 16.0%
Income taxes67/77€54€55€144€116€141▲ 21.3%
Profit (loss) for the period9904€2,037-€49€194€1,909€1,560▼ 18.3%
Profit (loss) for the period to be appropriated9905€2,037-€49€194€1,909€1,560▼ 18.3%
Line20212022202320242025Change
Assets
Total assets20/58€180,360€183,420€191,138€180,789€159,803▼ 11.6%
Fixed assets21/28€127,010€112,385€106,432€91,236€74,850▼ 18.0%
Tangible fixed assets22/27€127,010€112,385€106,432€91,236€74,850▼ 18.0%
Land and buildings22€122,322€108,955€95,589€82,222€68,856▼ 16.3%
Plant, machinery and equipment23€4,688€3,430€10,843€9,014€5,994▼ 33.5%
Current assets29/58€53,350€71,035€84,707€89,553€84,954▼ 5.1%
Stocks and contracts in progress3€30,916€44,998€49,114€53,722€44,712▼ 16.8%
Stocks30/36€18,911€32,904€35,079€37,437€30,462▼ 18.6%
Contracts in progress37€12,005€12,094€14,035€16,285€14,250▼ 12.5%
Amounts receivable within one year40/41€17,095€22,859€32,314€32,980€32,337▼ 2.0%
Trade receivables40€17,095€22,859€32,314€32,980€32,337▼ 2.0%
Cash at bank and in hand54/58€1,920€127€31€31€4,940▲ 15,972%
Deferred charges and accrued income490/1€3,419€3,051€3,248€2,820€2,965▲ 5.1%
Equity and liabilities
Total equity and liabilities10/49€180,360€183,420€191,138€180,789€159,803▼ 11.6%
Equity10/15€92,371€92,322€92,517€94,426€95,986▲ 1.7%
Contributions10/11€18,600€18,600€10,000€10,000€10,000=
Reserves13€16,660€16,660€25,260€25,260€25,260=
Non-distributable reserves130/1€1,860€1,860----
Reserves not available under the articles1311€1,860€1,860----
Tax-exempt reserves132€2,600€2,600€2,600€2,600€2,600=
Distributable reserves133€12,200€12,200€22,660€22,660€22,660=
Profit (loss) carried forward14€57,111€57,062€57,256€59,166€60,726▲ 2.6%
Amounts payable17/49€87,989€91,098€98,622€86,363€63,817▼ 26.1%
Amounts payable after more than one year17€5,531-----
Financial debts170/4€5,531-----
Amounts payable within one year42/48€82,458€91,098€98,622€86,363€63,817▼ 26.1%
Current portion of amounts payable after more than one year42€16,040€5,531----
Financial debts43€6,824€19,039€21,422€1,254--
Credit institutions430/8€6,824€19,039€21,422€1,254--
Trade debts44€7,103€20,527€26,186€15,951€4,646▼ 70.9%
Suppliers440/4€7,103€20,527€26,186€15,951€4,646▼ 70.9%
Advances received on contracts in progress46----€200-
Taxes, remuneration and social security45€2,676€3,106€2,175€5,554€1,793▼ 67.7%
Taxes450/3€2,676€3,106€2,175€3,554€1,793▼ 49.6%
Remuneration and social security454/9---€2,000--
Other amounts payable47/48€49,815€42,895€48,839€63,605€57,179▼ 10.1%
Line20212022202320242025Change
Profit (loss) for the period9904€2,037-€49€194€1,909€1,560▼ 18.3%
+ Depreciation and write-downs630€14,624€14,625€14,624€16,194€16,387▲ 1.2%
Operating cash flow (approximation)€16,661€14,576€14,818€18,103€17,947▼ 0.9%
Investment in fixed assets (approximation)-€0-€8,671-€999€0▲ 100%
Change in cash--€1,793-€96€0€4,910-

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
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
30-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 91 days late
2023
31-12
Financial Back to profitnet €194
Net result €194 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
22-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
27-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 119 days late
2019
31-12
Financial Back to profitnet €16,988
Net result €16,988 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Beringen · 1 establishment unit since 1981
seat establishment The establishment unit on the map
Ground area
242 m²
Building footprint
255 m²
Volume, LiDAR
1,634 m³
Parcel 71004B0383/00F000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Prosearch-Hardware
Everselstraat 80, 3580 BeringenAgents in the wholesale of industrial machinery, ships and aircraft
since 19812.018.599.197
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71004B0383/00F000 Flanders 242 m² 1 · 255 m² 8.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,913 companies in this sector we hold annual accounts for 8,787. 6,960 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded23-03-1981
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0421382648
Also 9925:BE0421382648
Registered 16-04-2025

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

Register as of 30 September 2026 · Peppol Directory

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