Equity
-€732,816
Debts exceed assets in financial year 2025.
PROSPEED ENGINEERING
Lifetime
18 annual accounts with figures on one time axispeak €1.2m (2010)
€78,348▲ 145%
lowest -€1.5m (2011)
€140,816▼ 59.5%
peak €160,255 (2010)
-€732,816▲ €57,483
€923,781▼ 13.6%
peak 5.7 FTE (2014)
-not published
Board3 names since 2023
2 directors and 1 other
Owners
40%
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €32,034 to €78,348Result from €347,976 to €140,816Cash from €25,033 to €8,230
Key points
from the 2025 annual accountsResult
€140,816 ▼ 59.5%
The result fell in 2025: the 2024 profit included a one-off income of €378,923.
Turnover
≈ €600,000 estimated
The accounts state no turnover.
Debts
€923,781 484% of the balance sheet
Suppliers 5%Taxes and wages 1%Other 94%
Of this, €100,481 falls due within a year.
Filings
18 annual accounts since 2008
Seven of the last ten came late. The 2020 accounts came latest: 89 days after the end of the period.
Position in the sector
-383.7%
Lower solvency than 95% of companies in retail trade. Sector median 33.4% · 25,263 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,633 companies had the same profile as PROSPEED ENGINEERING has now. Each dot stands for 10 companies, two years later.
91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,633 companies, not a prediction for PROSPEED ENGINEERING. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, , since 01-01-2024
Director
- 40%score equity €39,505 (2025) · 30-06-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0887915630
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 29-03-2024 · Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Director in office: (director (not named in the articles)) · Director in office: (director (not named in the articles)) · General meeting of 28-08-2023 · Gazette deed
Environmental permit granted
Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Zonhoven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROSPEED ENGINEERING Zonhoven | €190,964 | €78,348 | -383.7% | - |
| AUTO'S JOS Leopoldsburg | €212,977 | €68,730 | 57.2% | - |
| Garage Hendrikx F. Pelt | €223,420 | €56,293 | 46.5% | - |
| NIHANT F. Herstal | €200,682 | €75,160 | 25.8% | - |
| carrosserie lambyhaie Ottignies-Louvain-la-Neuve | €183,837 | €64,772 | 80.4% | - |
| Ets DU PONT Wavre | €187,814 | €80,026 | 68.4% | - |
| 'T HANGAARTJE Koekelare | €191,877 | €63,615 | 19.3% | - |
These companies have the same main activity as PROSPEED ENGINEERING: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €184,000 and €223,000, founded between 2004 and 2009.
Official details
Source: KBO- Status
- Active since 13-03-2007Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 3 others
- Joint committees
- 149.02Coachwork
- 200Auxiliary committee for white-collar workers · annual accounts 2023
- Establishment unit
- 2.207.772.0623520 Zonhoven, since 01-03-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €190,964▼ 31.6%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on PROSPEED ENGINEERING
PROSPEED ENGINEERING files the micro format. That format states no turnover. The gross margin fell from €147,123 in 2008 to €78,348 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PROSPEED ENGINEERING
- What is the company number of PROSPEED ENGINEERING?
- The company number of PROSPEED ENGINEERING is 0887.915.630. The VAT number is the same number with BE in front: BE 0887.915.630.
- Where is PROSPEED ENGINEERING based?
- The registered office is at Industrieweg 2050, 3520 Zonhoven.Company details
- What does PROSPEED ENGINEERING do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of PROSPEED ENGINEERING?
- PROSPEED ENGINEERING is a private limited company (BV).
- When was PROSPEED ENGINEERING founded?
- PROSPEED ENGINEERING was founded on 13-03-2007.
- Is PROSPEED ENGINEERING still active?
- Yes, PROSPEED ENGINEERING is an active enterprise in the KBO register.
- How many employees does PROSPEED ENGINEERING have?
- PROSPEED ENGINEERING had an average of 0.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does PROSPEED ENGINEERING fall under?
- In its 2023 annual accounts, PROSPEED ENGINEERING states joint committees 149.02 (Coachwork) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of PROSPEED ENGINEERING?
- The turnover in financial year 2025 is ≈ €600,000. This figure is estimated from the gross margin of €78,348 and 32 comparable companies (NACE 47811). It probably lies between €410,000 and €1.3m.
- Is PROSPEED ENGINEERING profitable?
- In financial year 2025, PROSPEED ENGINEERING made a profit of €140,816.
- Where can I find the annual accounts of PROSPEED ENGINEERING?
- PROSPEED ENGINEERING filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROSPEED ENGINEERING due?
- PROSPEED ENGINEERING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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