PROSOURCE FACTORY
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 29-12-2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
15 d early
2023
13 d late
2022
4 d early
2021
31 d late
2020
1 d early
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 6 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2025, full schema
Turnover
€8,761▼ 83.6%
2024 · €53,458
EBIT margin
65.0%▼ 24.5pp
2024 · 89.5%
Net result
-€33,110
2024 · €32,800
Working capital
-€404,894▼ 8.9%
2024 · -€371,783
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€53,458€8,761▼ 83.6%
Operating result€49,403-€1,291-€11,128▼ 762%€47,838€5,695▼ 88.1%
Net result€680,631▲ 65.9%-€14,939€667,274€32,800▼ 95.1%-€33,110
EBIT margin89.5%65.0%▼ 24.5pp
Equity€1.1m▲ 171%€413,876▼ 61.6%€1.1m▲ 161%€1.1m▲ 2.0%€1.1m▼ 3.0%
Total assets€2.1m▲ 41.0%€1.6m▼ 22.1%€2.4m▲ 43.8%€2.4m▲ 1.0%€1.5m▼ 36.9%
Debt€1.0m▼ 6.5%€1.2m▲ 19.8%€1.3m▲ 4.1%€1.3m▲ 0.2%€429,869▼ 66.2%
Working capital€101,484-€960,924-€389,150▲ 59.5%-€371,783▲ 4.5%-€404,894▼ 8.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.5m =
Current assets
€24,975 ▼ 97.2%
Equity and liabilities €1.5m
Equity
€1.1m ▼ 3.0%
Debt
€429,869 ▼ 66.2%
Debt's share of the balance-sheet total falls from 53.6% to 28.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.06▼
2024 · 0.71
Debt to equity
0.40▼
2024 · 1.15
ROE
-3.1%▼
2024 · 3.0%
ROA
-2.2%▼
2024 · 1.4%
Debt ≤ 1 year
€429,869▼
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €55,284 | €430 | €11,610 | €55,662 | €8,956 | ▼ 83.9% |
| Turnover70 | - | - | - | €53,458 | €8,761 | ▼ 83.6% |
| Other operating income74 | €55,284 | €430 | €11,610 | €0 | €195 | - |
| Non-recurring operating income76A | - | - | - | €2,204 | €0 | ▼ 100% |
| Operating charges60/66A | €5,881 | €1,721 | €22,738 | €7,824 | €3,261 | ▼ 58.3% |
| Services and other goods61 | €3,278 | €0 | €4,500 | €5,418 | €2,445 | ▼ 54.9% |
| Remuneration, social security and pensions62 | €2,154 | €0 | - | - | - | - |
| Other operating charges640/8 | €449 | €1,721 | €18,238 | €2,406 | €816 | ▼ 66.1% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Operating profit (loss)9901 | €49,403 | -€1,291 | -€11,128 | €47,838 | €5,695 | ▼ 88.1% |
| Financial income75/76B | €640,000 | €17,028 | €727,727 | €33,394 | €0 | ▼ 100% |
| Recurring financial income75 | €640,000 | €17,028 | €727,727 | €33,394 | €0 | ▼ 100% |
| Income from financial fixed assets750 | €640,000 | €0 | €700,000 | €0 | - | - |
| Income from current assets751 | - | €17,028 | €27,727 | €33,394 | €0 | ▼ 100% |
| Financial charges65/66B | €8,773 | €30,676 | €49,326 | €48,432 | €38,805 | ▼ 19.9% |
| Recurring financial charges65 | €8,773 | €30,676 | €49,326 | €48,432 | €38,805 | ▼ 19.9% |
| Debt charges650 | €8,725 | €30,627 | €49,278 | €48,365 | €38,617 | ▼ 20.2% |
| Other financial charges652/9 | €48 | €50 | €47 | €68 | €189 | ▲ 180% |
| Profit (loss) for the period before taxes9903 | €680,631 | -€14,939 | €667,274 | €32,800 | -€33,110 | ▼ 201% |
| Profit (loss) for the period9904 | €680,631 | -€14,939 | €667,274 | €32,800 | -€33,110 | ▼ 201% |
| Profit (loss) for the period to be appropriated9905 | €680,631 | -€14,939 | €667,274 | €32,800 | -€33,110 | ▼ 201% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €1.6m | €2.4m | €2.4m | €1.5m | ▼ 36.9% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.5m | €1.5m | €1.5m | = |
| Financial fixed assets28 | €1.4m | €1.4m | €1.5m | €1.5m | €1.5m | = |
| Affiliated companies280/1 | €1.4m | €1.4m | €1.5m | €1.5m | €1.5m | = |
| Participating interests280 | €1.4m | €1.4m | €1.5m | €1.5m | €1.5m | = |
| Current assets29/58 | €722,967 | €260,164 | €876,975 | €901,632 | €24,975 | ▼ 97.2% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €664,795 | €255,812 | €806,120 | €897,177 | €8,761 | ▼ 99.0% |
| Trade receivables40 | - | €55,714 | €0 | €197 | €0 | ▼ 100% |
| Other amounts receivable41 | €664,795 | €200,098 | €806,120 | €896,980 | €8,761 | ▼ 99.0% |
| Cash at bank and in hand54/58 | €2,888 | €4,352 | €70,855 | €4,455 | €16,214 | ▲ 264% |
| Deferred charges and accrued income490/1 | €55,284 | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €1.6m | €2.4m | €2.4m | €1.5m | ▼ 36.9% |
| Equity10/15 | €1.1m | €413,876 | €1.1m | €1.1m | €1.1m | ▼ 3.0% |
| Contributions10/11 | €374,750 | €374,750 | €374,750 | €374,750 | €374,750 | = |
| Reserves13 | €704,065 | €39,126 | €706,400 | €728,267 | €695,156 | ▼ 4.5% |
| Distributable reserves133 | €704,065 | €39,126 | €706,400 | €728,267 | €695,156 | ▼ 4.5% |
| Amounts payable17/49 | €1.0m | €1.2m | €1.3m | €1.3m | €429,869 | ▼ 66.2% |
| Amounts payable after more than one year17 | €397,468 | €0 | - | - | - | - |
| Financial debts170/4 | €397,468 | €0 | - | - | - | - |
| Credit institutions173 | €397,468 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €621,483 | €1.2m | €1.3m | €1.3m | €429,869 | ▼ 66.2% |
| Current portion of amounts payable after more than one year42 | €80,208 | €0 | - | - | - | - |
| Trade debts44 | €4,575 | €2,341 | €56,530 | €5,468 | €7,369 | ▲ 34.8% |
| Suppliers440/4 | €4,575 | €2,341 | €56,530 | €5,468 | €7,369 | ▲ 34.8% |
| Other amounts payable47/48 | €536,700 | €1.2m | €1.2m | €1.3m | €422,500 | ▼ 66.7% |
| Accrued charges and deferred income492/3 | - | - | €4,500 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €680,631 | -€14,939 | €667,274 | €32,800 | -€33,110 | ▼ 201% |
| Operating cash flow (approximation) | €680,631 | -€14,939 | €667,274 | €32,800 | -€33,110 | ▼ 201% |
| Investment in fixed assets (approximation) | - | €0 | -€100,000 | €0 | €0 | - |
| Change in cash | - | €1,463 | €66,503 | -€66,400 | €11,759 | ▲ 118% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
02-02
State Gazette act
Restructuring · End & cessationPermanent representative: Stéphane Alain François Collignon · Merger · Dissolution6 facts ▸
State Gazette act
Restructuring · End & cessation
Permanent representative: Stéphane Alain François Collignon · Merger · Dissolution6 facts ▸
- General meeting, 29-12-2025
- Board composition, Sisu Group (director)
- Permanent representative, Stéphane Alain François Collignon
- Merger, verrichting gelijkgesteld met fusie door overneming
- Dissolution, 29-12-2025
- Accounting effect, 01-07-2025
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 13 days late
2023
31-12
Financial
Back to profitnet €667,274
Net result €667,274 after one loss-making year.
31-12
Financial
Equity above €1mEq €1.1m ▲161%
Equity rises from €413,876 to €1.1m.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €680,631 ▲65.9%
Operating result €49,403, net result €680,631, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.16
Current ratio from 0.31 to 1.16.
31-12
Financial
Equity above €1mEq €1.1m ▲171%
2 profitable years in a row build equity to €1.1m.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
31-12
Financial
Back to profitnet €410,216
Net result €410,216 after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
31-12
Financial
Weakest financial yearnet -€47,936
Net result drops to -€47,936, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 14 acts read
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 owner · 2 holdingsChain of control
- Sisu Group
- SISU GROUP
- PROSOURCE FACTORY
Highest known parent: Sisu Group. The sources do not say who stands above it.
Owners 1
- SISU GROUPparent100%
Holdings 2
-
100%
-
82.11%
According to the annual accounts to 30-06-2025 of PROSOURCE FACTORY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:CATALAY