PROX
ActiveSummary
PROX has been active since 1991 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2024 annual accounts show equity of €547,183 and a net result of €52,590. Equity is growing by ~3.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74▲+4
Solvency72▼-12
Growth52=
Track record84
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.86 against 1.04 in 2023; short-term debt: 48.4% and cash: 0.9% of total assets), and 53.4% of the assets are financed with debt.
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Signals
Six 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
141 d late
2022
506 d late
2021
601 d late
2020
966 d late
2019
1331 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 586 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
History
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Financials · fiscal year 2024, micro schema
Equity
€547,183▼ 15.3%
2023 · €645,862
Total assets
€1.2m▲ 6.7%
2023 · €1.1m
Net result
€52,590▲ 429%
2023 · €9,935
Working capital
-€76,780
2023 · €15,959
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€44,946▲ 9.1%€42,412▼ 5.6%€34,032▼ 19.8%€18,505▼ 45.6%€93,777▲ 407%
Net result€28,849▲ 22.7%€24,688▼ 14.4%€21,207▼ 14.1%€9,935▼ 53.2%€52,590▲ 429%
Equity€590,033▲ 5.1%€614,720▲ 4.2%€635,927▲ 3.4%€645,862▲ 1.6%€547,183▼ 15.3%
Total assets€1.2m▼ 1.2%€1.1m▼ 3.2%€1.1m▼ 2.7%€1.1m▼ 0.9%€1.2m▲ 6.7%
Debt€589,074▼ 6.9%€526,984▼ 10.5%€474,922▼ 9.9%€455,200▼ 4.2%€627,254▲ 37.8%
Working capital-€59,532▲ 53.3%-€43,070▲ 27.7%-€6,460▲ 85.0%€15,959-€76,780
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 recovers in 2024; 2024 is 407% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€683,336 ▼ 3.1%
Current assets
€491,101 ▲ 24.0%
Equity and liabilities €1.2m
Equity
€547,183 ▼ 15.3%
Debt
€627,254 ▲ 37.8%
Debt's share of the balance-sheet total rises from 41.3% to 53.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€115,435▲
2023 · €46,065
Cash flow
€74,248▲
2023 · €37,494
Current ratio
0.86▼
2023 · 1.04
Debt to equity
1.15▲
2023 · 0.70
ROE
9.6%▲
2023 · 1.5%
ROA
4.5%▲
2023 · 0.9%
Interest coverage
15.47▲
2023 · 6.95
Debt ≤ 1 year
€567,881▲
2023 · €380,109
Debt > 1 year
€59,373▼
2023 · €73,090
Income taxes
€33,725▲
2023 · €1,939
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 14,684 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,453 | €39,199 | €34,912 | €27,560 | €21,658 | ▼ 21.4% |
| Other operating charges640/8 | €9,709 | €14,524 | €9,243 | €10,354 | €11,932 | ▲ 15.2% |
| Gross operating margin9900 | €94,108 | €96,134 | €78,187 | €56,418 | €127,367 | ▲ 126% |
| Operating profit (loss)9901 | €44,946 | €42,412 | €34,032 | €18,505 | €93,777 | ▲ 407% |
| Financial charges65/66B | €6,849 | €7,144 | €5,938 | €6,631 | €7,462 | ▲ 12.5% |
| Recurring financial charges65 | €6,849 | €7,144 | €5,938 | €6,631 | €7,462 | ▲ 12.5% |
| Profit (loss) for the period before taxes9903 | €38,097 | €35,268 | €28,094 | €11,874 | €86,316 | ▲ 627% |
| Income taxes67/77 | €9,247 | €10,580 | €6,887 | €1,939 | €33,725 | ▲ 1,639% |
| Profit (loss) for the period9904 | €28,849 | €24,688 | €21,207 | €9,935 | €52,590 | ▲ 429% |
| Profit (loss) for the period to be appropriated9905 | €28,849 | €24,688 | €21,207 | €9,935 | €52,590 | ▲ 429% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 6.7% |
| Fixed assets21/28 | €806,664 | €767,465 | €732,553 | €704,993 | €683,336 | ▼ 3.1% |
| Tangible fixed assets22/27 | €806,664 | €767,465 | €732,553 | €704,993 | €683,336 | ▼ 3.1% |
| Land and buildings22 | €806,664 | €767,465 | €732,553 | €704,993 | €683,336 | ▼ 3.1% |
| Current assets29/58 | €372,442 | €374,239 | €378,296 | €396,068 | €491,101 | ▲ 24.0% |
| Amounts receivable within one year40/41 | €364,835 | €369,502 | €370,291 | €391,292 | €478,262 | ▲ 22.2% |
| Trade receivables40 | €72,729 | €3,475 | €3,535 | €3,475 | €3,475 | = |
| Other amounts receivable41 | €292,107 | €366,027 | €366,756 | €387,817 | €474,788 | ▲ 22.4% |
| Current investments50/53 | €6,980 | €4,738 | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €5,541 | €2,777 | €10,382 | ▲ 274% |
| Deferred charges and accrued income490/1 | €627 | - | €2,463 | €2,000 | €2,457 | ▲ 22.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 6.7% |
| Equity10/15 | €590,033 | €614,720 | €635,927 | €645,862 | €547,183 | ▼ 15.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €528,033 | €552,720 | €552,720 | €552,720 | €454,042 | ▼ 17.9% |
| Non-distributable reserves130/1 | €45,400 | €45,400 | €45,400 | €45,400 | €45,400 | = |
| Legal reserve130 | €45,400 | €45,400 | €45,400 | €45,400 | €45,400 | = |
| Distributable reserves133 | €482,633 | €507,320 | €507,320 | €507,320 | €408,642 | ▼ 19.5% |
| Profit (loss) carried forward14 | - | - | €21,207 | €31,142 | €31,142 | = |
| Amounts payable17/49 | €589,074 | €526,984 | €474,922 | €455,200 | €627,254 | ▲ 37.8% |
| Amounts payable after more than one year17 | €154,540 | €107,674 | €88,166 | €73,090 | €59,373 | ▼ 18.8% |
| Financial debts170/4 | €154,540 | €107,674 | €88,166 | €73,090 | €57,373 | ▼ 21.5% |
| Other amounts payable178/9 | - | - | - | - | €2,000 | - |
| Amounts payable within one year42/48 | €431,975 | €417,309 | €384,756 | €380,109 | €567,881 | ▲ 49.4% |
| Current portion of amounts payable after more than one year42 | €41,521 | €32,335 | €19,632 | €15,248 | €15,709 | ▲ 3.0% |
| Financial debts43 | €22,871 | €20,053 | €0 | €25,414 | €0 | ▼ 100% |
| Credit institutions430/8 | €22,871 | €20,053 | €0 | €25,414 | €0 | ▼ 100% |
| Trade debts44 | €3,107 | €472 | €674 | €998 | €11,063 | ▲ 1,009% |
| Suppliers440/4 | €3,107 | €472 | €674 | €998 | €11,063 | ▲ 1,009% |
| Taxes, remuneration and social security45 | - | - | - | - | €36,654 | - |
| Taxes450/3 | - | - | - | - | €36,654 | - |
| Other amounts payable47/48 | €364,476 | €364,450 | €364,450 | €338,450 | €504,455 | ▲ 49.0% |
| Accrued charges and deferred income492/3 | €2,559 | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,849 | €24,688 | €21,207 | €9,935 | €52,590 | ▲ 429% |
| + Depreciation and write-downs630 | €39,453 | €39,199 | €34,912 | €27,560 | €21,658 | ▼ 21.4% |
| Operating cash flow (approximation) | €68,302 | €63,887 | €56,119 | €37,494 | €74,248 | ▲ 98.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | -€2,765 | €7,605 | ▲ 375% |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
09-01
KBO administration
Strikeout withdrawn
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 141 days late
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 506 days late
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 601 days late
23-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 966 days late
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 1331 days late
2023
31-12
Financial
Weakest financial yearnet €9,935 ▼53.2%
Net result drops to €9,935, the lowest in the series; recovery starts the following year.
15-09
KBO administration
Late accounts filing
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Brasschaat · 1 establishment unit since 1991
Ground area
6,990 m²
Building footprint
369 m²
Volume, LiDAR
2,452 m³
Parcel 11008A0029/00L000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
PROX NV
since 19912.052.465.659
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008A0029/00L000 | Flanders | 6,990 m² | 1 · 369 m² | 10.6 m · 2 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.
Identification & contact
Identification
Legal formPublic limited company
Founded14-03-1991
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443672555
Registered
13-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.