Equity
PROTEUS has made a profit without a break since 2019.
PROTEUS has made a profit without a break since 2019.
The result rose in 2025: mostly from a one-off income of €1.1m.
Green is investment, beige is depreciation. Land and buildings stand 16.0% higher than in 2024.
Short-term debts fell from €138,776 to €70,449.
Two of the last ten came late. The 2016 accounts came latest: 4 days after the end of the period.
Board changed. Latest change 02-12-2025 · 4 in office.
The dashed line is the sector median: 0.1% across 722 companies (NACE 73, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, small). It does better than 87% of them on solvency, 62% on liquidity, 91% on profitability and 87% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 20,137 companies had the same profile as PROTEUS has now. Each dot stands for 51 companies, two years later.
That fits the bankruptcy probability of PROTEUS itself: < 0.1% within 12 months.
The method was tested on the 497,447 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 20,137 companies, not a prediction for PROTEUS. 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.
Liquidity is ample, with a current ratio of 35.59 (10.1 in 2024), above the usual 1.5. Short-term debt is 1.2% and cash 3.1% of total assets. 12% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Shares in 1 company, SART - IMMO
Board & ownership| Company | ||||
|---|---|---|---|---|
| PROTEUS Braine-l'Alleud | €5.8m | €1.0m | 88.0% | - |
| IMMOVATA Aalter | €6.8m | €0.9m | 30.0% | 7.5 |
| Altiplan° Architects Watermael-Boitsfort | €4.3m | €1.2m | 31.4% | 7 |
| GLOBAL TREASURY MANAGEMENT AND ADVISORY SERVICES Woluwe-Saint-Lambert | €4.8m | €0.8m | 62.3% | - |
| COURONNE GESTION Ixelles | €7.8m | €1.2m | 93.6% | 1.4 |
| Financial and Management Consulting Services Antwerp | €7.5m | €1.6m | 92.5% | - |
| Anico Blegny | €3.5m | €1.0m | -40.9% | - |
These companies have the same main activity as PROTEUS: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €3.5m and €7.8m, founded between 1988 and 1992.
PROTEUS has existed since 1990. The present size dates from 2025. The gross margin rose that year from €207,391 to €1.0m.
Solvency rose in 2025 from 78.0% to 88.0% because of the retained profit and a capital increase and lower debts.
In December 2025, the Official Gazette published the appointment of BEDROCK SRL as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 87% of 846 companies in 2025.
Higher than 95% of 813 companies in 2025.
Higher than 87% of 837 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
5.8m | 4.5m | 2.6m | 2.5m | 2.2m | 1.8m | 1.8m | 1.7m | 965,576 | 1.0m | 1.2m | 1.4m | 1.1m | 1.3m | 1.4m | 1.6m | 1.1m | 1.0m | 846,258 | 780,441 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
21/28 |
3.3m | 3.1m | 2.1m | 1.8m | 1.9m | 1.3m | 1.4m | 1.4m | 728,770 | 617,143 | 640,718 | 657,388 | 643,708 | 1.1m | 1.1m | 1.1m | 596,471 | 601,488 | 650,824 | 607,621 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
22/27 |
2.5m | 2.1m | 1.0m | 812,241 | 848,891 | 314,397 | 342,209 | 300,736 | 317,972 | 341,212 | 364,787 | 381,457 | 367,778 | 269,350 | 274,178 | 283,196 | 287,343 | 296,795 | 299,560 | 292,738 | |
22 |
2.2m | 1.9m | 767,896 | 574,787 | 582,973 | 20,387 | 21,982 | 4,867 | - | - | - | - | - | - | - | - | - | - | 0 | - | |
23 |
4,083 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
24 |
43,236 | 4,871 | 3,923 | 15,712 | 27,029 | 37,333 | 45,762 | 3,398 | 6,521 | 10,665 | 15,143 | 15,659 | 11,330 | 17,112 | 9,031 | 11,555 | 2,434 | 619 | 847 | 294 | |
26 |
211,899 | 230,723 | 204,596 | 221,742 | 238,889 | 256,677 | 274,465 | 292,471 | 311,450 | 330,547 | 349,644 | 365,799 | 356,448 | 252,238 | 265,146 | 271,641 | 283,909 | 296,176 | 298,713 | 292,444 | |
27 |
99,125 | - | 66,268 | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,000 | - | 0 | - | |
28 |
732,834 | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 1.1m | 410,799 | 275,931 | 275,931 | 275,931 | 275,931 | 791,415 | 859,129 | 859,129 | 309,129 | 304,693 | 351,264 | 314,882 | |
29/58 |
2.5m | 1.4m | 569,109 | 714,459 | 327,560 | 445,246 | 478,432 | 353,893 | 236,806 | 384,937 | 582,686 | 764,421 | 490,551 | 202,153 | 225,806 | 426,951 | 456,814 | 425,052 | 195,434 | 172,820 | |
29 |
774,305 | 300,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
291 |
774,305 | 300,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
37 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
40/41 |
76,436 | 321,947 | 94,070 | 270,588 | 274,198 | 337,550 | 408,524 | 255,466 | 83,268 | 193,330 | 510,000 | 715,498 | 446,429 | 174,989 | 204,352 | 413,953 | 426,848 | 414,868 | 166,292 | 37,817 | |
40 |
38,277 | 1,379 | 62,026 | 16,263 | 12,089 | 64,794 | 119,448 | 12,795 | 13,035 | 14,200 | 31,971 | 15,057 | 6,011 | 5,336 | 33,459 | 46,585 | 42,652 | 52,584 | 16,264 | 37,356 | |
41 |
38,159 | 320,568 | 32,045 | 254,325 | 262,110 | 272,756 | 289,076 | 242,671 | 70,233 | 179,130 | 478,028 | 700,441 | 440,418 | 169,653 | 170,894 | 367,368 | 384,197 | 362,284 | 150,028 | 462 | |
50/53 |
1.4m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
54/58 |
178,398 | 724,348 | 420,053 | 399,446 | 20,524 | 82,180 | 51,384 | 92,876 | 151,143 | 189,633 | 72,686 | 44,847 | 41,044 | 23,096 | 18,930 | 10,265 | 27,271 | 6,985 | 26,569 | 128,814 | |
490/1 |
53,085 | 55,243 | 54,986 | 44,425 | 32,837 | 25,515 | 18,524 | 5,551 | 2,396 | 1,974 | - | 4,076 | 3,078 | 4,068 | 2,524 | 2,734 | 2,695 | 3,199 | 2,573 | 6,189 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
5.8m | 4.5m | 2.6m | 2.5m | 2.2m | 1.8m | 1.8m | 1.7m | 965,576 | 1.0m | 1.2m | 1.4m | 1.1m | 1.3m | 1.4m | 1.6m | 1.1m | 1.0m | 846,258 | 780,441 | |
10/15 |
5.1m | 3.5m | 1.2m | 1.0m | 912,073 | 864,367 | 749,305 | 735,276 | 887,682 | 881,263 | 814,371 | 790,027 | 751,758 | 651,828 | 604,609 | 485,834 | 289,463 | 291,880 | 262,508 | 104,671 | |
10/11 |
3.0m | 2.5m | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 66,931 | 66,931 | 66,931 | 66,931 | |
10 |
3.0m | 2.5m | 266,931 | 266,931 | 266,931 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
4.5m | 2.5m | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 266,931 | 66,931 | 66,931 | 66,931 | 66,931 | |
101 |
1.5m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
11 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
1100/10 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
12 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
13 |
96,172 | 46,948 | 41,726 | 44,707 | 47,687 | 50,668 | 53,649 | 56,707 | 59,147 | 61,588 | 64,028 | 66,468 | 55,561 | 58,001 | 53,788 | 56,228 | 58,668 | 61,108 | 63,548 | 59,542 | |
130/1 |
87,100 | 34,896 | 26,693 | 26,693 | 26,693 | 26,693 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
87,100 | 34,896 | 26,693 | 26,693 | 26,693 | 26,693 | 26,693 | 26,693 | 26,693 | 26,693 | 26,693 | 26,693 | 13,347 | 13,347 | 6,693 | 6,693 | 6,693 | 6,693 | 6,693 | 248 | |
1312 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
1319 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
132 |
9,072 | 12,052 | 15,033 | 18,014 | 20,994 | 23,975 | 26,956 | 30,014 | 32,454 | 34,894 | 37,334 | 39,774 | 42,214 | 44,654 | 47,094 | 49,535 | 51,975 | 54,415 | 56,855 | 59,295 | |
133 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
14 |
2.0m | 1.0m | 853,968 | 723,889 | 597,455 | 546,767 | 428,725 | 411,638 | 561,603 | 552,745 | 483,413 | 456,628 | 429,266 | 326,896 | 283,891 | 162,675 | 163,864 | 163,841 | 132,029 | -21,803 | |
15 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
19 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
16 |
2,747 | 3,741 | 4,734 | 5,728 | 6,721 | 7,715 | 8,708 | 9,728 | 11,366 | 13,004 | 14,643 | 16,281 | 17,919 | 19,557 | 21,196 | 22,834 | 24,472 | 26,110 | 27,748 | 29,387 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
168 |
2,747 | 3,741 | 4,734 | 5,728 | 6,721 | 7,715 | 8,708 | 9,728 | 11,366 | 13,004 | 14,643 | 16,281 | 17,919 | 19,557 | 21,196 | 22,834 | 24,472 | 26,110 | 27,748 | 29,387 | |
17/49 |
687,606 | 991,263 | 1.5m | 1.5m | 1.3m | 906,114 | 1.1m | 1.0m | 66,529 | 107,812 | 394,389 | 615,501 | 364,583 | 591,533 | 733,307 | 1.1m | 739,350 | 708,550 | 556,001 | 646,383 | |
17 |
574,320 | 800,000 | 1.3m | 1.3m | 997,687 | 630,832 | 844,449 | 806,000 | 31,000 | 31,000 | 36,233 | 42,961 | 49,505 | 39,666 | 34,693 | 147,519 | 31,000 | - | - | 103,089 | |
170/4 |
574,320 | 800,000 | 1.3m | 1.3m | 997,687 | 630,832 | 844,449 | 806,000 | 31,000 | 31,000 | 36,233 | 42,961 | 49,505 | 39,666 | 34,693 | 147,519 | 31,000 | - | - | 103,089 | |
175 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
176 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
42/48 |
70,449 | 138,776 | 106,783 | 152,224 | 241,457 | 234,709 | 218,689 | 174,650 | 28,477 | 70,260 | 347,351 | 563,962 | 314,370 | 545,734 | 680,452 | 896,788 | 693,312 | 694,877 | 542,562 | 542,327 | |
42 |
7,252 | - | 34,217 | 45,538 | 45,144 | 9,639 | 9,520 | - | - | 5,233 | 6,728 | 6,544 | 7,119 | 5,157 | 2,825 | 2,715 | 38,000 | - | 0 | 14,339 | |
43 |
448 | - | 3,821 | 619 | 591 | 184 | 1,109 | 55 | 1,489 | 1,959 | 289,281 | 517,060 | 277,212 | 422,762 | 549,754 | 641,327 | 619,699 | 645,765 | 534,957 | 350,000 | |
430/8 |
448 | - | 3,821 | 619 | 591 | 184 | 1,109 | 55 | 1,489 | 1,959 | 69,281 | 297,060 | 157,212 | 422,762 | 549,754 | 641,327 | 619,699 | 645,765 | 534,957 | 350,000 | |
439 |
- | - | - | - | - | - | - | - | - | - | 220,000 | 220,000 | 120,000 | - | - | - | - | - | 0 | - | |
44 |
14,421 | 56,340 | 3,429 | 5,950 | 15,893 | 3,106 | 29,758 | 390 | 3,863 | 7,022 | 8,528 | 13,561 | 11,419 | 8,422 | 2,662 | 9,611 | 2,388 | 2,375 | 785 | 6,182 | |
440/4 |
14,421 | 56,340 | 3,429 | 5,950 | 15,893 | 3,106 | 29,758 | 390 | 3,863 | 7,022 | 8,528 | 13,561 | 11,419 | 8,422 | 2,662 | 9,611 | 2,388 | 2,375 | 785 | 6,182 | |
441 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
45 |
47,077 | 79,036 | 60,318 | 48,929 | 27,433 | 61,157 | 14,606 | 14,851 | 21,899 | 50,257 | 29,813 | 25,511 | 11,612 | 11,417 | 13,760 | 9,893 | 12,461 | 10,737 | 6,387 | 20,493 | |
450/3 |
47,077 | 79,036 | 60,318 | 48,929 | 27,433 | 61,157 | 14,606 | 14,851 | 21,899 | 50,257 | 29,813 | 25,511 | 11,612 | 11,417 | 13,760 | 9,893 | 12,461 | 10,737 | 6,387 | 20,493 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
47/48 |
1,250 | 3,400 | 5,000 | 51,187 | 152,395 | 160,622 | 163,697 | 159,354 | 1,226 | 5,789 | 13,000 | 1,286 | 7,009 | 97,975 | 111,451 | 233,242 | 20,765 | 36,000 | 432 | 151,313 | |
492/3 |
42,837 | 52,488 | 93,197 | 61,604 | 37,064 | 40,573 | 24,192 | 19,723 | 7,052 | 6,553 | 10,805 | 8,578 | 707 | 6,133 | 18,162 | 16,302 | 15,038 | 13,673 | 13,439 | 967 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | 572,572 | 513,581 | 264,968 | 256,624 | 287,958 | 215,696 | 272,736 | 202,929 | - | - | - | - | 210,503 | 168,673 | 162,794 | |
76A |
1.1m | - | - | - | - | - | - | - | - | 5,192 | - | - | 115,047 | 26,485 | - | - | 597 | 2,407 | 170,000 | - | |
9900 |
1.0m | 207,391 | 137,587 | 144,379 | 191,347 | 203,329 | 108,258 | 17,507 | 36,756 | 106,760 | 82,405 | 63,898 | 9,598 | 31,067 | 37,603 | 44,327 | 51,371 | 95,217 | 26,621 | 65,407 | |
60/61 |
- | - | - | - | 323,833 | 386,924 | 422,111 | 258,922 | 234,594 | 181,198 | 207,780 | 208,839 | 193,330 | - | - | - | - | 115,286 | 142,051 | 97,387 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
630 |
89,690 | 47,774 | 39,635 | 37,392 | 33,873 | 31,124 | 31,113 | 23,811 | 23,241 | 23,575 | 23,575 | 6,739 | 24,530 | 18,913 | 16,158 | 15,525 | 13,103 | 12,495 | 11,732 | 10,900 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
640/8 |
10,228 | 16,916 | 15,317 | 15,771 | 83,202 | 4,667 | 32,401 | 4,716 | 4,208 | 3,510 | 4,189 | 7,857 | 14,146 | 4,153 | 3,189 | 3,064 | 3,046 | 2,635 | 2,764 | 2,778 | |
649 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
66A |
- | - | - | - | - | - | - | - | - | 5,192 | - | - | - | 298 | - | - | 447 | 132 | 0 | - | |
9901 |
947,647 | 142,700 | 82,636 | 91,216 | 74,271 | 167,538 | 44,745 | -11,020 | 9,307 | 79,675 | 54,641 | 49,302 | -29,077 | 8,001 | 18,256 | 25,737 | 35,223 | 80,088 | 12,125 | 51,728 | |
75/76B |
118,477 | 102,549 | 109,154 | 108,585 | 8,651 | 8,915 | 8,705 | 5,004 | 3,136 | 27,083 | 15,745 | 14,814 | 18,793 | 31,029 | 125,977 | 5,562 | 3,039 | 2,844 | 31 | 279 | |
75 |
118,477 | 102,549 | 109,154 | 108,585 | 8,651 | 8,915 | 8,705 | 5,004 | 3,136 | 21,891 | 15,745 | 14,814 | 18,793 | 31,029 | 125,977 | 5,562 | 3,039 | 2,844 | 31 | 279 | |
76B |
- | - | - | - | - | - | - | - | - | 5,192 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
24,980 | 56,833 | 53,034 | 32,570 | 14,860 | 25,844 | 30,663 | 17,888 | 4,423 | 10,865 | 14,558 | 17,177 | 6,288 | 13,714 | 21,585 | 24,603 | 23,869 | 20,351 | 25,957 | 13,169 | |
65 |
24,980 | 56,833 | 53,034 | 32,570 | 14,860 | 25,844 | 30,663 | 17,888 | 4,423 | 5,673 | 14,558 | 17,177 | 6,288 | 13,714 | 21,585 | 24,603 | 23,869 | 20,351 | 25,957 | 13,169 | |
66B |
- | - | - | - | - | - | - | - | - | 5,192 | - | - | - | - | - | - | - | - | - | - | |
9903 |
1.0m | 188,416 | 138,756 | 167,232 | 68,063 | 150,608 | 22,786 | -23,904 | 8,020 | 95,893 | 55,829 | 46,939 | 98,474 | 51,503 | 122,648 | 6,696 | 14,543 | 64,856 | 156,199 | 38,838 | |
780 |
994 | 994 | 994 | 994 | 994 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
1,042 | 28,332 | 12,651 | 19,771 | 21,349 | 36,541 | 9,776 | 180 | 3,240 | 30,640 | 20,123 | 10,308 | 183 | 5,922 | 5,511 | 964 | 597 | 1,123 | 0 | 2 | |
9904 |
1.0m | 161,078 | 127,098 | 148,454 | 47,707 | 115,061 | 14,029 | -22,446 | 6,418 | 66,892 | 37,344 | 38,269 | 99,930 | 47,219 | 118,775 | 7,371 | 15,583 | 65,372 | 157,837 | 40,474 | |
789 |
2,981 | 2,981 | 2,981 | 2,981 | 2,981 | 2,981 | 3,059 | 2,440 | 2,440 | 2,440 | 2,440 | 2,440 | 2,440 | 2,440 | 2,440 | 2,440 | 2,440 | 2,440 | 2,440 | 2,440 | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
9905 |
1.0m | 164,059 | 130,079 | 151,435 | 50,687 | 118,042 | 17,088 | -20,006 | 8,858 | 69,332 | 39,784 | 40,709 | 102,370 | 49,659 | 121,215 | 9,811 | 18,023 | 67,812 | 160,277 | 42,914 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
2.1m | 1.0m | 853,968 | 748,889 | 597,455 | 546,767 | 428,725 | 541,598 | 561,603 | 552,745 | 496,413 | 469,975 | 429,266 | 333,549 | 283,891 | 173,675 | 181,864 | 199,841 | 138,475 | -21,803 | |
14P |
1.0m | 853,968 | 723,889 | 597,455 | 546,767 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
691/2 |
52,204 | 8,203 | - | - | - | - | - | - | - | - | - | 13,347 | - | 6,653 | - | - | - | - | 6,445 | - | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
6920 |
52,204 | 8,203 | - | - | - | - | - | - | - | - | - | 13,347 | - | 6,653 | - | - | - | - | 6,445 | - | |
6921 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | - | |
694/7 |
- | - | - | 25,000 | - | - | - | 129,960 | - | - | 13,000 | - | - | - | - | 11,000 | 18,000 | 36,000 | - | - | |
694 |
- | - | - | 25,000 | - | - | - | 129,960 | - | - | - | - | - | - | - | - | - | - | 0 | - | |
695 |
- | - | - | - | - | - | - | - | - | - | 13,000 | - | - | - | - | 11,000 | 18,000 | 36,000 | 0 | - | |
| Document | |||||||||||||||||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 09-06-2026 | 2026-00147003 | |
| 31-12-2024 | full format | 25-06-2025 | 2025-00192337 | |
| 31-12-2023 | full format | 31-07-2024 | 2024-00315521 | |
| 31-12-2022 | full format | 03-08-2023 | 2023-00319216 | |
| 31-12-2021 | full format | 20-07-2022 | 2022-20211195 | |
| 31-12-2020 | full format | 15-07-2021 | 2021-36100593 | |
| 31-12-2019 | full format | 22-06-2020 | 2020-20200457 | |
| 31-12-2018 | full format | 25-07-2019 | 2019-39000325 | |
| 31-12-2017 | full format | 25-07-2018 | 2018-37300582 | |
| 31-12-2016 | full format | 04-08-2017 | 2017-41500469 | |
| 31-12-2015 | full format | 28-07-2016 | 2016-38500578 | |
| 31-12-2014 | full format | 28-07-2015 | 2015-35700417 | |
| 31-12-2013 | full format | 04-08-2014 | 2014-39700103 | |
| 31-12-2012 | full format | 31-07-2013 | 2013-38600511 | |
| 31-12-2011 | full format | 09-08-2012 | 2012-40400372 | |
| 31-12-2010 | full format | 04-08-2011 | 2011-38200176 | |
| 31-12-2009 | full format | 05-08-2010 | 2010-39300346 | |
| 31-12-2008 | full format | 24-07-2009 | 2009-47800272 | |
| 31-12-2007 | full format | 01-08-2008 | 2008-52900059 | |
| 31-12-2006 | full format | 24-07-2007 | 2007-46800115 | |
| 31-12-2005 | full format | 26-07-2006 | 2006-57600199 | |
| 31-12-2004 | full format | 30-09-2005 | 2005-79403047 | |
| 31-12-2003 | full format | 29-06-2004 | 2004-34502117 | |
| 31-12-2002 | full format | 30-07-2003 | 2003-54605018 | |
| 31-12-2001 | full format | 15-07-2002 | 2002-37800014 | |
| 31-12-2000 | full format | 26-07-2001 | 2001-42300138 | |
| 31-12-1999 | full format | 30-06-2000 | 2000-31000250 | |
| 31-12-1998 | full format | 11-08-1999 | 1999-40603298 | |
| 31-12-1997 | full format | 03-07-1998 | 1998-28800061 | |
| 31-12-1996 | full format | 27-06-1997 | 1997-22702836 | |
| 31-12-1995 | full format | 26-06-1996 | 1996-22701432 | |
| 31-12-1994 | full format | 09-08-1995 | 1995-45301171 | |
| 31-12-1993 | full format | 29-06-1994 | 1994-22900028 | |
| 31-12-1992 | full format | 21-09-1993 | 1993-36502898 | |
| 31-12-1991 | full format | 31-07-1992 | 1992-26201053 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.0m | 190,475 | 122,271 | 128,608 | 108,144 | 198,662 | 75,857 | 12,791 | 32,548 | 103,250 | 78,216 | 56,041 | -4,548 | 26,914 | 34,414 | 41,263 | 48,325 | 92,582 | 23,857 | 62,629 | ||
| 1.1m | 208,852 | 166,733 | 185,846 | 81,580 | 146,185 | 45,142 | 1,365 | 29,659 | 90,467 | 60,919 | 45,008 | 124,459 | 66,132 | 134,933 | 22,896 | 28,686 | 77,866 | 169,569 | 51,375 | ||
| 636,249 | 1.1m | 270,076 | 743 | 563,223 | 3,312 | 72,585 | 686,525 | 134,868 | 0 | 6,904 | 28,089 | 122,958 | 20,085 | 7,139 | 562,379 | 3,650 | 177,595 | 122,935 | 51,157 | ||
| -545,950 | 304,295 | 20,607 | 378,923 | -61,657 | 30,796 | -41,492 | -58,267 | -38,490 | 116,947 | 27,839 | 3,803 | 17,948 | 4,166 | 8,665 | -17,006 | 20,286 | -19,584 | -102,245 | - | ||
| 2.4m | 1.3m | 462,326 | 562,236 | 86,103 | 210,537 | 259,743 | 179,243 | 208,329 | 314,678 | 235,335 | 200,459 | 176,181 | -343,581 | -454,646 | -469,836 | -236,498 | -269,825 | -347,128 | -369,507 | ||
| - | - | - | - | - | 29.3% | 8.7% | -4.2% | 3.6% | 27.7% | 25.3% | 18.1% | -14.3% | - | - | - | - | 38.0% | 7.2% | 31.8% | ||
| 88.0% | 78.0% | 44.2% | 40.7% | 41.6% | 48.6% | 40.6% | 42.1% | 91.9% | 87.9% | 66.6% | 55.6% | 66.3% | 51.6% | 44.5% | 31.0% | 27.5% | 28.4% | 31.0% | 13.4% | ||
| 35.59 | 10.10 | 5.33 | 4.69 | 1.36 | 1.90 | 2.19 | 2.03 | 8.32 | 5.48 | 1.68 | 1.36 | 1.56 | 0.37 | 0.33 | 0.48 | 0.66 | 0.61 | 0.36 | 0.32 | ||
| 0.14 | 0.28 | 1.26 | 1.45 | 1.40 | 1.05 | 1.45 | 1.36 | 0.07 | 0.12 | 0.48 | 0.78 | 0.48 | 0.91 | 1.21 | 2.18 | 2.55 | 2.43 | 2.12 | 6.18 | ||
| 20.5% | 4.6% | 10.9% | 14.3% | 5.2% | 13.3% | 1.9% | -3.1% | 0.7% | 7.6% | 4.6% | 4.8% | 13.3% | 7.2% | 19.6% | 1.5% | 5.4% | 22.4% | 60.1% | 38.7% | ||
| 18.1% | 3.6% | 4.8% | 5.8% | 2.2% | 6.5% | 0.8% | -1.3% | 0.7% | 6.7% | 3.1% | 2.7% | 8.8% | 3.7% | 8.7% | 0.5% | 1.5% | 6.4% | 18.7% | 5.2% | ||
| 41.53 | 3.35 | 2.31 | 3.95 | 7.28 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | 41 days | 85 days | 18 days | 19 days | 18 days | 54 days | 20 days | 11 days | - | - | - | - | 91 days | 35 days | 84 days | ||
| - | - | - | - | 18 days | 3 days | 26 days | 1 day | 6 days | 14 days | 15 days | 24 days | 22 days | - | - | - | - | 8 days | 2 days | 23 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €437,004 | - | €166,000 |
| Debts guaranteed by Belgian public bodies | - | - | - | €468,638 | - |
| Mortgages, amount registered | - | - | €25,000 | €25,000 | €25,000 |
| - | - | €475,000 | €475,000 | €141,000 | |
| Carrying value of the mortgaged assets | - | - | €767,896 | €574,787 | €166,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €511,169 | €1.1m | €270,076 | €743 | €563,223 |
| Financial fixed assets | €125,080 | - | - | - | - |
| €89,690 | €47,774 | €39,635 | €37,392 | €33,873 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is over 6.6 times that of 2024 and the highest since 2006. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 21.9% to 11.9%. Equity is higher and debt is lower.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| PACT SOLUTIONS
registered office since 08-05-1998 · founded in 1998 |
4.1 FTE (2025) 0462.958.531 |
| SEMSO
registered office since 25-04-2019 · founded in 2019 |
total assets €861,211 (2025) 0725.714.507 |
| PACT SOLUTIONS via Maxime BOHYN, no longer at PACT SOLUTIONS · Director · deed of 14-12-2020 founded in 1998 |
4.1 FTE (2025) |
| Name | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SART - IMMO | 100% | |||||||||||||||||||
| PACT SOLUTIONS | 54.39% | 64.85% | 66.95% | 72.52% | 100% | |||||||||||||||
| HAUTEUR & SOLUTION | 100% | |||||||||||||||||||
| SI INVEST | 28.86% | 2.83% | ||||||||||||||||||
Source: list of holdings in its own accounts
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Chemin dit le Bois 16 registered office 1420 Braine-l'Alleud | 04-01-1991 | 2.050.877.136 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25744I0055/00M000 | 1.1 ha | 1 · 3,039 m² | 10.6 m · 3 |
If something looks wrong or is missing, please tell us.