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PROXISTORE

Active
Public limited companyfounded 201313 yrs activeAvenue Einstein 11, 1300 Wavre, BelgiumKBO/BCE: BE 0534.497.219
Summary

PROXISTORE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€2.1m) and a net result of -€2.6m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 1100 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

What they do
Public relations and communication consultancy
NACE 73300NACE 70210Media representation NACE 73120
#5 company by total assets in Walloon Brabant, Advertising and market research sector1 site
How big
€11.0mtotal assets 2024
Staff
7.1 FTE
Equity
-€2.1m
Loss
-€2.6m
Financially healthy?
54 Fair Checked score 2024
Bankruptcy chance 12 m
1.4%
Who decides
Parent
PX HOLDING · 54%
Holdings
3
Accounts 63 d overdue0 of 24 deeds read
Why 54Capped at 59: negative equity- Loss of €2.6m, the second in a row (FY 2024)+ Liquidity: current ratio 3.34, cash €4.5m+ Founded in 2013+ Sector Advertising, market research and public relations activities (NACE 73)Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 26% of its sector peers (NACE 73, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 6-22
equity -19.3% of total assets
Liquidity 95+20
short-term debt 18.8% · cash 41.1%
Profitability 0-7
return on assets -23.4%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,109 companies)
  • Loss of €2.6m, the second in a row (FY 2024) raises the probability
  • Liquidity: current ratio 3.34, cash €4.5m lowers the probability
  • Founded in 2013 lowers the probability for this profile
  • Sector Advertising, market research and public relations activities (NACE 73) lowers the probability
No credit on open account
Liquidity ample (current ratio 3.34 against 3.2 in 2023; short-term debt: 18.8% and cash: 41.1% of total assets), but equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, micro). Better than this share of them on solvency 10%, liquidity 88%, profitability 6%, growth against the median 0%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €2.6m, the second in a row (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.34, cash €4.5m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2013
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Sector Advertising, market research and public relations activities (NACE 73)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€2.1m
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
247 d late
2022
181 d early
2021
136 d early
2020
229 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 42 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Weakest financial yearnet -€2.6m

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€2.1m View
  • Caution: Result fell in 2024from -€1.4m to -€2.6m ▼ 85.5% View
  • Caution: Among the weakest 5% on net resultsector median €24,576 · 1,101 companies -€2.6m View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Controlled by PX HOLDINGitself parent of 2 companies 54% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€2.6m View

By topic

Financials

Fiscal year
2024
Total assets
€11.0m
Loss
-€2.6m
Solvency
-19.3%
Total assets▼ 24.4%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 30-09-2025Annual accounts filed
  2. 04-04-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Public relations and communication consultancyNACE 73300
Founded
15-05-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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