PROSPECTCO
ActiveSummary
The annual accounts of PROSPECTCO for fiscal year 2024 show a net loss of 61% of the equity at the start of that year. The 2024 annual accounts show equity of €78,180 and a net result of -€124,097. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 24% of 15862 sector peers (fiscal year 2024). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability11▼-3
Solvency29▼-5
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.3 against 0.39 in 2023; short-term debt: 90.3% and cash: 9.3% of total assets), and 95.6% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
4.4%
Return on assets
-7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€124,097
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 15862 sector peers (2024).
NBB · sector comparisonPosition among 15862 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
64 d late
2022
57 d late
2021
88 d late
2020
1 d early
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€78,180▼ 61.4%
2023 · €202,277
Total assets
€1.8m▼ 18.6%
2023 · €2.2m
Net result
-€124,097▼ 15.6%
2023 · -€107,336
Working capital
-€1.1m▲ 0.9%
2023 · -€1.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€74,417€64,384▼ 13.5%€351,458▲ 446%-€35,251-€26,795▲ 24.0%
Net result€5,228within the sector's middle half€11,273within the sector's middle half▲ 116%€217,280above the sector's middle half▲ 1,827%-€107,336below the sector's middle half-€124,097below the sector's middle half▼ 15.6%
Equity€81,060below the sector's middle half▲ 6.9%€92,333below the sector's middle half▲ 13.9%€309,613within the sector's middle half▲ 235%€202,277above the sector's middle half▼ 34.7%€78,180within the sector's middle half▼ 61.4%
Total assets€3.2mabove the sector's middle half▲ 15.7%€2.9mabove the sector's middle half▼ 9.2%€2.3mwithin the sector's middle half▼ 20.4%€2.2mabove the sector's middle half▼ 6.8%€1.8mabove the sector's middle half▼ 18.6%
Debt€3.1m▲ 15.1%€2.8m▼ 9.8%€2.0m▼ 28.1%€2.0m▼ 2.6%€1.7m▼ 14.2%
Working capital-€2.6m▼ 4.0%-€2.6m▲ 1.0%-€1.0m▲ 60.8%-€1.1m▼ 12.2%-€1.1m▲ 0.9%
Solvency2.5%below the sector's middle half▼ 0.2pp3.1%below the sector's middle half▲ 0.6pp13.2%below the sector's middle half▲ 10.1pp9.3%within the sector's middle half▼ 3.9pp4.4%below the sector's middle half▼ 4.9pp
Staff (FTE)0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
The operating result stays negative: a loss of €26,795 in 2024 against €35,251 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.3m ▼ 10.2%
Current assets
€480,224 ▼ 35.1%
Equity and liabilities €1.8m
Equity
€78,180 ▼ 61.4%
Debt
€1.7m ▼ 14.2%
Debt's share of the balance-sheet total rises from 90.7% to 95.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16,141▲
2023 · €14,326
Cash flow
-€81,161▼
2023 · -€57,760
Current ratio
0.30▼
2023 · 0.39
Debt to equity
21.76▲
2023 · 9.81
ROE
-158.7%▼
2023 · -53.1%
ROA
-7.0%▼
2023 · -4.9%
Interest coverage
0.17▼
2023 · 0.20
Debt ≤ 1 year
€1.6m▼
2023 · €1.9m
Debt > 1 year
€92,815▼
2023 · €107,665
Income taxes
€329▲
2023 · -€5
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,102 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency under 10%
- a small loss
1.5%
went bankrupt
3.5%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 1,102 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €71,946 | €445,200 | €2,396 | €27,663 | ▲ 1,054% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €91,607 | €29,791 | €56,432 | €49,577 | €42,936 | ▼ 13.4% |
| Other operating charges640/8 | - | €12,599 | €11,447 | €15,144 | €11,951 | ▼ 21.1% |
| Non-recurring operating charges66A | - | €0 | €2,600 | €0 | - | - |
| Gross operating margin9900 | €179,868 | €106,775 | €421,937 | €29,470 | €28,092 | ▼ 4.7% |
| Operating profit (loss)9901 | €74,417 | €64,384 | €351,458 | -€35,251 | -€26,795 | ▲ 24.0% |
| Financial income75/76B | - | €1 | €0 | €1 | €0 | ▼ 100% |
| Recurring financial income75 | €2 | €1 | €0 | €1 | €0 | ▼ 100% |
| Financial charges65/66B | - | €49,869 | €41,717 | €72,091 | €96,973 | ▲ 34.5% |
| Recurring financial charges65 | €44,201 | €49,869 | €41,717 | €72,091 | €96,973 | ▲ 34.5% |
| Profit (loss) for the period before taxes9903 | €30,218 | €14,516 | €309,741 | -€107,341 | -€123,768 | ▼ 15.3% |
| Transfer from deferred taxes780 | - | €641 | €22,748 | €0 | - | - |
| Transfer to deferred taxes680 | - | €0 | - | - | - | - |
| Income taxes67/77 | €1,601 | €3,884 | €115,209 | -€5 | €329 | ▲ 6,889% |
| Profit (loss) for the period9904 | €5,228 | €11,273 | €217,280 | -€107,336 | -€124,097 | ▼ 15.6% |
| Transfer from tax-exempt reserves789 | - | €23,553 | €90,993 | €0 | - | - |
| Transfer to tax-exempt reserves689 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€88,328 | €34,826 | €308,273 | -€107,336 | -€124,097 | ▼ 15.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.2m | €2.9m | €2.3m | €2.2m | €1.8m | ▼ 18.6% |
| Fixed assets21/28 | €2.9m | €2.8m | €1.4m | €1.4m | €1.3m | ▼ 10.2% |
| Tangible fixed assets22/27 | €2.9m | €2.8m | €1.4m | €1.4m | €1.3m | ▼ 10.1% |
| Land and buildings22 | - | €2.8m | €1.4m | €1.4m | €1.3m | ▼ 10.3% |
| Plant, machinery and equipment23 | - | €2,802 | €1,773 | €1,296 | €928 | ▼ 28.4% |
| Furniture and vehicles24 | - | €15,362 | €35,651 | €25,762 | €25,299 | ▼ 1.8% |
| Financial fixed assets28 | - | - | - | €525 | €0 | ▼ 100% |
| Current assets29/58 | €375,758 | €117,924 | €903,802 | €739,934 | €480,224 | ▼ 35.1% |
| Amounts receivable within one year40/41 | €10,025 | €106,390 | €7,208 | €19,112 | €313,339 | ▲ 1,539% |
| Trade receivables40 | - | €104,622 | €2,637 | €12,370 | €302,773 | ▲ 2,348% |
| Other amounts receivable41 | - | €1,768 | €4,571 | €6,742 | €10,566 | ▲ 56.7% |
| Cash at bank and in hand54/58 | €40 | €11,534 | €887,258 | €719,076 | €165,049 | ▼ 77.0% |
| Deferred charges and accrued income490/1 | - | €0 | €9,335 | €1,746 | €1,836 | ▲ 5.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.2m | €2.9m | €2.3m | €2.2m | €1.8m | ▼ 18.6% |
| Equity10/15 | €81,060 | €92,333 | €309,613 | €202,277 | €78,180 | ▼ 61.4% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Capital10 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Issued capital100 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | €122,045 | €98,493 | €315,773 | €315,773 | €315,773 | = |
| Non-distributable reserves130/1 | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Legal reserve130 | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Tax-exempt reserves132 | - | €90,993 | €0 | - | - | - |
| Distributable reserves133 | - | - | €308,273 | €308,273 | €308,273 | = |
| Profit (loss) carried forward14 | -€115,986 | -€81,160 | -€81,160 | -€188,496 | -€312,593 | ▼ 65.8% |
| Provisions and deferred taxes16 | €23,389 | €22,748 | €0 | - | - | - |
| Deferred taxes168 | - | €22,748 | €0 | - | - | - |
| Amounts payable17/49 | €3.1m | €2.8m | €2.0m | €2.0m | €1.7m | ▼ 14.2% |
| Amounts payable after more than one year17 | €152,757 | €135,504 | €119,956 | €107,665 | €92,815 | ▼ 13.8% |
| Financial debts170/4 | - | €135,504 | €119,956 | €107,665 | €92,815 | ▼ 13.8% |
| Other amounts payable178/9 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €3.0m | €2.7m | €1.9m | €1.9m | €1.6m | ▼ 14.4% |
| Current portion of amounts payable after more than one year42 | - | €15,352 | €15,547 | €14,018 | €14,850 | ▲ 5.9% |
| Financial debts43 | - | €2.2m | €1.5m | €1.5m | €1.5m | = |
| Credit institutions430/8 | - | €2.2m | €1.5m | €1.5m | €1.5m | = |
| Trade debts44 | €30,849 | €51,584 | €70,756 | €156,919 | €4,820 | ▼ 96.9% |
| Suppliers440/4 | - | €51,584 | €70,756 | €156,919 | €4,820 | ▼ 96.9% |
| Taxes, remuneration and social security45 | - | €13,539 | €120,494 | €8,433 | €0 | ▼ 100% |
| Taxes450/3 | - | €13,539 | €120,494 | €8,433 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €392,906 | €209,293 | €196,490 | €86,382 | ▼ 56.0% |
| Accrued charges and deferred income492/3 | - | €0 | €847 | €0 | €2,158 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,228 | €11,273 | €217,280 | -€107,336 | -€124,097 | ▼ 15.6% |
| + Depreciation and write-downs630 | €91,607 | €29,791 | €56,432 | €49,577 | €42,936 | ▼ 13.4% |
| Operating cash flow (approximation) | €96,835 | €41,065 | €273,712 | -€57,760 | -€81,161 | ▼ 40.5% |
| Investment in fixed assets (approximation) | - | €9,389 | €1.3m | -€52,740 | €103,950 | ▲ 297% |
| Change in cash | - | €11,494 | €875,724 | -€168,183 | -€554,026 | ▼ 229% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet -€124,097
Net result drops to -€124,097, the lowest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
31-12
Financial
Highest result since 2018net €217,280 ▲1,827%
Operating result €351,458, net result €217,280, both a record.
31-12
Financial
Equity above €200,000Eq €309,613 ▲235%
3 profitable years in a row build equity to €309,613.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 88 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €5,228
Net result €5,228 after 2 loss-making years.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
13-02
State Gazette act
Shareholder resolution · Director resignation
Director appointment · Board meeting
25-01
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
13-04
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
13-04
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
2016
14-12
State Gazette act
General meeting · Auditor appointment
Permanent representative · Director reappointment
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2011
10-03
State Gazette act
General meeting · Capital increase
Capital · Corporate purpose
08-03
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
08-03
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1993
Ground area
251 m²
Building footprint
199 m²
Volume, LiDAR
2,873 m³
Parcel 11811L3624/00P000, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PROSPECTCO NV
since 19932.026.692.363
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3624/00P000 | Flanders | 251 m² | 1 · 199 m² | 17.8 m · 5 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
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Shareholding
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Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
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Of 1,136 companies in sector 46130 we hold annual accounts for 646. 512 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded18-03-1985
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427051903
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.