PROWAYS SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of PROWAYS SOLUTIONS is 2.5% (moderate). The 2025 annual accounts show equity of €2k and a net result of €10k. Equity is shrinking by ~37.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+80
Solvency27▲+11
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.87 against 0.9 in 2024; short-term debt: 98.3% and cash: 1.9% of total assets), and 98.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 3 filingsDeviation from the deadline
2025
13 d late
2024
30 d late
2023
35 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k
2024 · €-8k
2023: €7khighest in 3 years
2024: €-8k▼ -204% vs 2023lowest in 3 years
2025: €2k▲ +124% vs 2024
2023 → 2025
Total assets
€109k▲ 32.6%
2024 · €82k
2023: €92k
2024: €82k▼ -10.8% vs 2023lowest in 3 years
2025: €109k▲ +32.6% vs 2024highest in 3 years
2023 → 2025
Net result
€10k
2024 · €-15k
2023: €3k
2024: €-15k▼ -548% vs 2023lowest in 3 years
2025: €10k▲ +164% vs 2024highest in 3 years
2023 → 2025
Working capital
€-14k▼ 53.5%
2024 · €-9k
2023: €5khighest in 3 years
2024: €-9k▼ -280% vs 2023
2025: €-14k▼ -53.5% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Available amounts per fiscal year
Line202320242025Trend
Equity€7k-€-8k€2k
2023: €7khighest in 3 years
2024: €-8k▼ -204% vs 2023lowest in 3 years
2025: €2k▲ +124% vs 2024
Operating result€6k-€-11k€11k
2023: €6k
2024: €-11k▼ -296% vs 2023lowest in 3 years
2025: €11k▲ +196% vs 2024highest in 3 years
Net result€3k-€-15k€10k
2023: €3k
2024: €-15k▼ -548% vs 2023lowest in 3 years
2025: €10k▲ +164% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €11k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109k
Fixed assets
€16k ▲ 960%
Current assets
€93k ▲ 15.4%
Equity and liabilities €109k
Equity
€2k
Debt
€107k
Debt finances 98.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€12k▲
2024 · €-11k
Cash flow
€11k▲
2024 · €-14k
Current ratio
0.87▼
2024 · 0.90
Debt to equity
57.31▲
2024 · -11.75
ROE
509.0%
ROA
8.7%▲
2024 · -18.2%
Interest coverage
8.43▲
2024 · -2.98
Debt ≤ 1 year
€107k▲
2024 · €90k
Staff costs
€168k▼
2024 · €259k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€82k€109k▲
Fixed assets21/28€2k€16k▲
Tangible fixed assets22/27€2k€16k▲
Furniture and vehicles24€2k€16k▲
Current assets29/58€81k€93k▲
Amounts receivable within one year40/41€71k€87k▲
Trade receivables40€42k€47k▲
Other amounts receivable41€29k€39k▲
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€82k€109k▲
Equity10/15€-8k€2k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€-12k€-2k▲
Amounts payable17/49€90k€107k▲
Amounts payable within one year42/48€90k€107k▲
Trade debts44€23k€49k▲
Suppliers440/4€23k€49k▲
Taxes, remuneration and social security45€37k€21k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€32k€18k▼
Other amounts payable47/48€30k€37k▲
Income statement
Code20242025
Non-recurring operating income76A-€776
Remuneration, social security and pensions62€259k€168k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€741€1k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€251k€181k▼
Operating profit (loss)9901€-11k€11k▲
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€-15k€10k▲
Profit (loss) for the period9904€-15k€10k▲
Profit (loss) for the period to be appropriated9905€-15k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-2k▲
Profit (loss) brought forward from the previous period14P€3k€-12k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | €5k | - | €776 | - |
| Remuneration, social security and pensions62 | €206k | €259k | €168k | ▼ 35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €741 | €1k | ▲ 51.8% |
| Other operating charges640/8 | €3k | €2k | €1k | ▼ 47.0% |
| Gross operating margin9900 | €214k | €251k | €181k | ▼ 27.7% |
| Operating profit (loss)9901 | €6k | €-11k | €11k | ▲ 196% |
| Financial income75/76B | €36 | - | - | - |
| Recurring financial income75 | €36 | - | - | - |
| Financial charges65/66B | €2k | €4k | €1k | ▼ 59.9% |
| Recurring financial charges65 | €2k | €4k | €1k | ▼ 59.9% |
| Profit (loss) for the period before taxes9903 | €4k | €-15k | €10k | ▲ 164% |
| Income taxes67/77 | €839 | - | - | - |
| Profit (loss) for the period9904 | €3k | €-15k | €10k | ▲ 164% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-15k | €10k | ▲ 164% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €92k | €82k | €109k | ▲ 32.6% |
| Fixed assets21/28 | €2k | €2k | €16k | ▲ 960% |
| Tangible fixed assets22/27 | €2k | €2k | €16k | ▲ 960% |
| Furniture and vehicles24 | €2k | €2k | €16k | ▲ 960% |
| Current assets29/58 | €90k | €81k | €93k | ▲ 15.4% |
| Amounts receivable within one year40/41 | €20k | €71k | €87k | ▲ 22.4% |
| Trade receivables40 | €16k | €42k | €47k | ▲ 14.0% |
| Other amounts receivable41 | €4k | €29k | €39k | ▲ 34.4% |
| Cash at bank and in hand54/58 | €64k | €2k | €2k | ▼ 16.0% |
| Deferred charges and accrued income490/1 | €6k | €8k | €5k | ▼ 38.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €92k | €82k | €109k | ▲ 32.6% |
| Equity10/15 | €7k | €-8k | €2k | ▲ 124% |
| Contributions10/11 | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €3k | €-12k | €-2k | ▲ 81.8% |
| Amounts payable17/49 | €85k | €90k | €107k | ▲ 19.2% |
| Amounts payable within one year42/48 | €85k | €90k | €107k | ▲ 19.2% |
| Trade debts44 | €43k | €23k | €49k | ▲ 114% |
| Suppliers440/4 | €43k | €23k | €49k | ▲ 114% |
| Taxes, remuneration and social security45 | €40k | €37k | €21k | ▼ 42.7% |
| Taxes450/3 | €9k | €5k | €3k | ▼ 41.1% |
| Remuneration and social security454/9 | €31k | €32k | €18k | ▼ 43.0% |
| Other amounts payable47/48 | €3k | €30k | €37k | ▲ 23.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-15k | €10k | ▲ 164% |
| + Depreciation and write-downs630 | - | €741 | €1k | ▲ 51.8% |
| Operating cash flow (approximation) | €3k | €-14k | €11k | ▲ 175% |
| Investment in fixed assets (approximation) | - | €0 | €-16k | - |
| Change in cash | - | €-62k | €-397 | ▲ 99.4% |
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
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Wemmel · 1 establishment unit since 2023
Ground area
5,658 m²
Building footprint
1,785 m²
Volume, LiDAR
12,203 m³
2 parcels, Brussels, Flanders · tallest building 32.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PROWAYS SOLUTIONS
since 20232.341.484.285
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B1011/00C000 | Flanders | 4,298 m² | 1 · 724 m² | 8.9 m |
| 21807G0090/00F002 | Brussels | 1,360 m² | 1 · 1,061 m² | 32.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 1,694 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
42220Construction of utility projects for electricity and telecommunications
43240Other construction installation
43990Other specialised construction activities
Contact
Website
www.proways.be
E-mail
info@proways.be
Scores and ratios are computed by Checked and are not a credit decision.