PROSERV
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 09-07-2026 at the NBB all 36 filings
Turnover
≈ €21,000
Estimated: probably between €10,000 and €45,000
Total assets
€49,986▲ 3.0%
2024 · €48,540
Net result
-€1,344▲ 79.1%
2024 · -€6,416
Working capital
€15,469▼ 8.0%
2024 · €16,813
In the rankings
#10 oldest company in Beloeil, Wholesale and retail trade sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€1,200
▲ 80.2%
2025
20182025
Net result
-€1,344
▲ 79.1%
2025
middle half of the sector
20182025
Equity
€15,969
▼ 7.8%
2025
middle half of the sector
20182025
Total assets
€49,986
▲ 3.0%
2025
lowest quarter of the sector
20182025
Debt
€34,017
▲ 8.9%
2025
20182025
Working capital
€15,469
▼ 8.0%
2025
middle half of the sector
20182025
Solvency
31.9%
▼ 3.7pp
2025
middle half of the sector
20182025
Current ratio
1.45
▼ 0.08
2025
middle half of the sector
20182025
Return on assets (ROA)
-2.7%
▲ 10.5pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€3,567--€5,067▼ 42.1%€13,196€2,112▼ 84.0%-€6,585-€7,268▼ 10.4%-€6,069▲ 16.5%-€1,200▲ 80.2%
Net result-€3,573--€4,943▼ 38.3%€13,081within the sector's middle half€1,914within the sector's middle half▼ 85.4%-€5,825below the sector's middle half-€7,448below the sector's middle half▼ 27.9%-€6,416below the sector's middle half▲ 13.9%-€1,344within the sector's middle half▲ 79.1%
Equity€26,951-€22,008▼ 18.3%€35,089within the sector's middle half▲ 59.4%€37,002within the sector's middle half▲ 5.5%€31,177within the sector's middle half▼ 15.7%€23,729within the sector's middle half▼ 23.9%€17,313within the sector's middle half▼ 27.0%€15,969within the sector's middle half▼ 7.8%
Total assets€55,687-€50,957▼ 8.5%€57,630below the sector's middle half▲ 13.1%€59,579below the sector's middle half▲ 3.4%€62,275within the sector's middle half▲ 4.5%€59,472within the sector's middle half▼ 4.5%€48,540below the sector's middle half▼ 18.4%€49,986below the sector's middle half▲ 3.0%
Debt€28,736-€28,949▲ 0.7%€22,541▼ 22.1%€22,576▲ 0.2%€31,098▲ 37.7%€35,744▲ 14.9%€31,227▼ 12.6%€34,017▲ 8.9%
Working capital€25,626-€20,708▼ 19.2%€33,789within the sector's middle half▲ 63.2%€35,702within the sector's middle half▲ 5.7%€28,828within the sector's middle half▼ 19.3%€22,704within the sector's middle half▼ 21.2%€16,813within the sector's middle half▼ 25.9%€15,469within the sector's middle half▼ 8.0%
Solvency48.4%-43.2%▼ 5.2pp60.9%above the sector's middle half▲ 17.7pp62.1%above the sector's middle half▲ 1.2pp50.1%within the sector's middle half▼ 12.0pp39.9%within the sector's middle half▼ 10.2pp35.7%within the sector's middle half▼ 4.2pp31.9%within the sector's middle half▼ 3.7pp
Current ratio1.89-1.72▼ 0.182.50within the sector's middle half▲ 0.782.58within the sector's middle half▲ 0.081.93within the sector's middle half▼ 0.651.64within the sector's middle half▼ 0.291.54within the sector's middle half▼ 0.101.45within the sector's middle half▼ 0.08
Return on assets (ROA)-6.4%--9.7%▼ 3.3pp22.7%above the sector's middle half▲ 32.4pp3.2%within the sector's middle half▼ 19.5pp-9.4%below the sector's middle half▼ 12.6pp-12.5%below the sector's middle half▼ 3.2pp-13.2%below the sector's middle half▼ 0.7pp-2.7%within the sector's middle half▲ 10.5pp
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €1,200, smaller than the loss of €6,069 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49,986
Fixed assets
€500 =
Current assets
€49,486 ▲ 3.0%
Equity and liabilities €49,986
Equity
€15,969 ▼ 7.8%
Debt
€34,017 ▲ 8.9%
Debt's share of the balance-sheet total rises from 64.3% to 68.1%. Equity is lower and debt is higher.
Key figures and ratios
Quick ratio
0.53▲
2024 · 0.46
Debt to equity
2.13▲
2024 · 1.80
ROE
-8.4%▲
2024 · -37.1%
Debt ≤ 1 year
€34,017▲
2024 · €31,227
Income taxes
€0▼
2024 · €0
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,573 | - | - | - |
| Depreciation and write-downs of the year | - | €524 | €524 | €524 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €524 | €524 | €524 | - | - |
| Other operating charges640/8 | - | - | - | €2,629 | €1,547 | €5,639 | €2,569 | €3,211 | ▲ 25.0% |
| Non-recurring operating charges66A | - | - | - | €1,466 | - | - | - | - | - |
| Gross operating margin9900 | -€1,651 | -€3,044 | €14,870 | €6,207 | -€4,513 | -€1,104 | -€2,975 | €2,011 | - |
| Operating profit (loss)9901 | -€3,567 | -€5,067 | €13,196 | €2,112 | -€6,585 | -€7,268 | -€6,069 | -€1,200 | ▲ 80.2% |
| Financial income75/76B | - | - | - | €69 | €892 | €0 | €1 | €0 | ▼ 64.3% |
| Recurring financial income75 | €101 | €245 | €0 | €69 | €892 | €0 | €1 | €0 | ▼ 64.3% |
| Financial charges65/66B | - | - | - | €267 | €132 | €181 | €348 | €144 | ▼ 58.6% |
| Recurring financial charges65 | €108 | €120 | €115 | €267 | €132 | €181 | €348 | €144 | ▼ 58.6% |
| Profit (loss) for the period before taxes9903 | -€3,573 | -€4,943 | €13,081 | €1,914 | -€5,825 | -€7,448 | -€6,416 | -€1,344 | ▲ 79.1% |
| Income taxes67/77 | - | - | - | - | - | - | €0 | €0 | ▼ 25.0% |
| Profit (loss) for the period9904 | -€3,573 | -€4,943 | €13,081 | €1,914 | -€5,825 | -€7,448 | -€6,416 | -€1,344 | ▲ 79.1% |
| Profit (loss) for the period to be appropriated9905 | -€3,573 | -€4,943 | €13,081 | €1,914 | -€5,825 | -€7,448 | -€6,416 | -€1,344 | ▲ 79.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €55,687 | €50,957 | €57,630 | €59,579 | €62,275 | €59,472 | €48,540 | €49,986 | ▲ 3.0% |
| Fixed assets21/28 | €1,325 | €1,300 | €1,300 | €1,300 | €2,349 | €1,024 | €500 | €500 | = |
| Tangible fixed assets22/27 | - | - | - | - | €1,049 | €524 | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €1,049 | €524 | - | - | - |
| Financial fixed assets28 | €1,325 | €1,300 | €1,300 | €1,300 | €1,300 | €500 | €500 | €500 | = |
| Current assets29/58 | €54,363 | €49,657 | €56,330 | €58,279 | €59,927 | €58,448 | €48,040 | €49,486 | ▲ 3.0% |
| Stocks and contracts in progress3 | €39,124 | €28,842 | €31,395 | €39,736 | €41,075 | €39,185 | €33,531 | €31,451 | ▼ 6.2% |
| Stocks30/36 | - | - | - | €39,736 | €41,075 | €39,185 | €33,531 | €31,451 | ▼ 6.2% |
| Amounts receivable within one year40/41 | €9,896 | €6,097 | €12,580 | €1,919 | €5,342 | €6,583 | €7,457 | €6,080 | ▼ 18.5% |
| Trade receivables40 | - | - | - | €1,707 | €5,082 | €5,828 | €7,065 | €5,687 | ▼ 19.5% |
| Other amounts receivable41 | - | - | - | €212 | €260 | €755 | €393 | €393 | = |
| Cash at bank and in hand54/58 | €5,342 | €14,717 | €12,355 | €16,623 | €13,509 | €7,242 | €7,052 | €11,955 | ▲ 69.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €5,438 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €55,687 | €50,957 | €57,630 | €59,579 | €62,275 | €59,472 | €48,540 | €49,986 | ▲ 3.0% |
| Equity10/15 | €26,951 | €22,008 | €35,089 | €37,002 | €31,177 | €23,729 | €17,313 | €15,969 | ▼ 7.8% |
| Contributions10/11 | €44,621 | €44,621 | - | €44,621 | €44,621 | €44,621 | €44,621 | €44,621 | = |
| Reserves13 | €8,028 | €8,028 | €8,028 | €8,028 | €8,028 | €8,028 | €8,028 | €8,028 | = |
| Non-distributable reserves130/1 | - | - | - | €4,462 | €4,462 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €4,462 | €4,462 | - | - | - | - |
| Distributable reserves133 | - | - | - | €3,566 | €3,566 | €8,028 | €8,028 | €8,028 | = |
| Profit (loss) carried forward14 | -€25,698 | -€30,641 | -€17,560 | -€15,647 | -€21,472 | -€28,920 | -€35,336 | -€36,680 | ▼ 3.8% |
| Amounts payable17/49 | €28,736 | €28,949 | €22,541 | €22,576 | €31,098 | €35,744 | €31,227 | €34,017 | ▲ 8.9% |
| Amounts payable within one year42/48 | €28,736 | €28,949 | €22,541 | €22,576 | €31,098 | €35,744 | €31,227 | €34,017 | ▲ 8.9% |
| Trade debts44 | €7,536 | €7,407 | €3,593 | €9,549 | €9,062 | €6,659 | €5,965 | €6,072 | ▲ 1.8% |
| Suppliers440/4 | - | - | - | €9,549 | €9,062 | €6,659 | €5,965 | €6,072 | ▲ 1.8% |
| Taxes, remuneration and social security45 | - | - | - | €1,702 | €607 | - | €1,513 | €3,090 | ▲ 104% |
| Taxes450/3 | - | - | - | €1,702 | €607 | - | €1,513 | €3,090 | ▲ 104% |
| Other amounts payable47/48 | - | - | - | €11,326 | €21,429 | €29,084 | €23,749 | €24,855 | ▲ 4.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,573 | -€4,943 | €13,081 | €1,914 | -€5,825 | -€7,448 | -€6,416 | -€1,344 | ▲ 79.1% |
| + Depreciation and write-downs630 | - | - | - | - | €524 | €524 | €524 | - | - |
| Operating cash flow (approximation) | -€3,573 | -€4,943 | €13,081 | €1,914 | -€5,301 | -€6,924 | -€5,891 | -€1,344 | ▲ 77.2% |
| Investment in fixed assets (approximation) | - | €25 | €0 | €0 | -€1,573 | €800 | €0 | €0 | - |
| Change in cash | - | €9,375 | -€2,362 | €4,268 | -€3,115 | -€6,267 | -€190 | €4,903 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 12,322 companies had the same profile as PROSERV has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
90.3%
was still going
8.6%
stopped otherwise
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROSERV itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for PROSERV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 09-07-2026 | 2026-00271830 | |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00229809 | |
| 31-12-2023 | micro format | 16-07-2024 | 2024-00255946 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00298466 | |
| 31-12-2021 | micro format | 10-08-2022 | 2022-20283999 | |
| 31-12-2020 | micro format | 01-07-2021 | 2021-29400195 | |
| 31-12-2019 | micro format | 28-07-2020 | 2020-35600122 | |
| 31-12-2018 | micro format | 29-07-2019 | 2019-40200471 | |
| 31-12-2017 | micro format | 07-08-2018 | 2018-44300173 | |
| 31-12-2016 | full format | 29-08-2017 | 2017-53300187 |