ProSwimLab
ActiveThe annual accounts of ProSwimLab for fiscal year 2025 show a net loss of 94% of total assets and of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-62k. Equity is growing by ~50% per year across the filed fiscal years. Its solvency ranks better than 43% of 2268 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-78
Solvency44▼-56
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €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 0.34 against 2.01 in 2024; short-term debt: 81.1% and cash: 16.6% of total assets), and 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
18.9%
Return on assets
-94.4%
Age of the figures
15 mo
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 30-01-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
6 d early
2022
39 d early
2021
on the day
2020
2 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 83.3%
2024 · €74k
2020: €11k
2021: €20k
2022: €26k
2023: €68k
2024: €74k
2020 → 2025
Total assets
€65k▼ 22.2%
2024 · €84k
2020: €13k
2021: €25k
2022: €45k
2023: €98k
2024: €84k
2020 → 2025
Net result
€-62k
2024 · €6k
2020: €10k
2021: €9k
2022: €6k
2023: €43k
2024: €6k
2020 → 2025
Working capital
€-35k
2024 · €10k
2020: €10k
2021: €10k
2022: €1k
2023: €7k
2024: €10k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€26k▲ 27.5%€68k▲ 166%€74k▲ 8.8%€12k▼ 83.3%
Operating result€10k-€7k▼ 32.8%€48k▲ 627%€7k▼ 84.9%€-60k
Net result€9k-€6k▼ 36.6%€43k▲ 672%€6k▼ 85.9%€-62k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €60k after €7k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€47k▼ 26.2%
Current assets
€18k▼ 9.7%
Equity and liabilities €65k
Equity
€12k▼ 83.3%
Debt
€53k▲ 429%
The debt ratio rises from 11.9% to 81.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-41k▼
2024 · €25k
Cash flow
€-43k▼
2024 · €24k
Solvency
18.9%▼
2024 · 88.1%
Current ratio
0.34▼
2024 · 2.01
Quick ratio
0.34▼
2024 · 2.01
Debt / equity
4.30▲
2024 · 0.14
ROE
-500.1%▼
2024 · 8.1%
ROA
-94.4%▼
2024 · 7.1%
Interest coverage
-19.24▼
2024 · 98.60
Debt
€53k▲
2024 · €10k
Debt ≤ 1 year
€53k▲
2024 · €10k
Income taxes
€0▼
2024 · €1k
Staff costs
€29k▲
2024 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€84k€65k▼
Fixed assets21/28€64k€47k▼
Intangible fixed assets21€63k€46k▼
Tangible fixed assets22/27€524€141▼
Plant, machinery and equipment23€150€30▼
Furniture and vehicles24€374€111▼
Financial fixed assets28€755€755=
Current assets29/58€20k€18k▼
Amounts receivable within one year40/41€10k€7k▼
Trade receivables40€0€224▲
Other amounts receivable41€10k€7k▼
Cash at bank and in hand54/58€10k€11k▲
Deferred charges and accrued income490/1-€51
Equity and liabilities
Total equity and liabilities10/49€84k€65k▼
Equity10/15€74k€12k▼
Contributions10/11€1k€1k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€54k€-8k▼
Amounts payable17/49€10k€53k▲
Amounts payable within one year42/48€10k€53k▲
Current portion of amounts payable after more than one year42€800€0▼
Financial debts43€1k€2k▲
Credit institutions430/8€1k€2k▲
Trade debts44€6k€39k▲
Suppliers440/4€6k€39k▲
Taxes, remuneration and social security45€2k€12k▲
Taxes450/3€2k€7k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€712€712=
Income statement
Code20242025
Remuneration, social security and pensions62€1k€29k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€19k▲
Other operating charges640/8€657€837▲
Gross operating margin9900€27k€-11k▼
Operating profit (loss)9901€7k€-60k▼
Financial income75/76B€406€4▼
Recurring financial income75€406€4▼
Financial charges65/66B€250€2k▲
Recurring financial charges65€250€2k▲
Profit (loss) for the period before taxes9903€7k€-62k▼
Income taxes67/77€1k€0▼
Profit (loss) for the period9904€6k€-62k▼
Profit (loss) for the period to be appropriated9905€6k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€-8k▼
Profit (loss) brought forward from the previous period14P€48k€54k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-62k ▼1127%
Net result drops to €-62k, the lowest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2020net €43k ▲672%
Operating result €48k, net result €43k, both a record.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Gent · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gaston Crommenlaan 89050 GentGround area
1.9 ha
Building footprint
1,241 m²
Volume, LiDAR
19,773 m³
Parcel 44032A0472/00R003, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ProSwimLab
since 20192.291.992.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00R003 | Flanders | 1.9 ha | 1 · 1,241 m² | 18.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 34,000 EUR awarded · 34,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | 25,000 EUR | 29,500 EUR |
| 2022 | 1 | 9,000 EUR | 4,500 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidies voor internationaal ondernemen
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Of 1,408 companies in sector 93129 we hold annual accounts for 172. 107 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2019
Fiscal year end30-06
Activities, NACEBEL
85510Sports and recreation education
93129Activities of other sports clubs
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
93199Other sports activities
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.