Equity
Proxaccount has made a profit in every financial year since 2016.
Proxaccount has made a profit in every financial year since 2016.
The 2022 accounts came latest: 32 days after the end of the period.
The dashed line is the sector median: < 0.1% across 20,101 companies (NACE 69, micro).
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 69, micro). It does better than 51% of them on solvency, 10% on liquidity, 20% on profitability and 44% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 1,639 companies had the same profile as Proxaccount has now. Each dot stands for 5 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Proxaccount 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 1,639 companies, not a prediction for Proxaccount. 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 2.11 (1.89 in 2024), above the usual 1.5. Short-term debt is 45.1% and cash 3.6% of total assets. 45.1% 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 after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Proxaccount Malle | €471,514 | €115,433 | 54.9% | - |
| PortaBlu Lier | €451,158 | €128,292 | 25.8% | - |
| DC TAXCONSULT Mechelen | €477,797 | €108,118 | 73.6% | - |
| Ytax Beersel | €441,566 | €119,438 | 16.1% | - |
| MDM TAX & ACCOUNTANCY Kluisbergen | €479,993 | €126,812 | 76.2% | - |
| B&J ACCOUNTANCY Oudenaarde | €458,895 | €123,622 | 73.2% | - |
| DVVR Ardooie | €451,690 | €127,821 | 42.3% | - |
These companies have the same main activity as Proxaccount: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €442,000 and €480,000, founded between 2015 and 2018.
Proxaccount files the micro format. That format states no turnover. The gross margin rose from €3,514 in 2016 to €115,433 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.
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