PROXYGRASS
ActiveSummary
PROXYGRASS has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €730,146 and a net result of €136,940. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 67% of 246 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 3.4 FTE
- Equity
- €730,146
- Profit
- €136,940
- ALLOOOWDirector · permanent representative Yannis Horemans
- Van Keilegom KrisDirector
Why 96lowers riskSize: total assets €1.1mFigures for financial year 2026 (filed 30-09-2026)Liquidity: current ratio 2.57, cash €194,597Equity €730,146 (63.9% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 70% on solvency, 62% on liquidity, 78% on profitability and 78% on growth.
The bankruptcy probability was computed on 22-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Back to profitnet €136,940
- Appointment: Allooow BV (director)Gazette deed
Financials · financial year 2026, micro format
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result returns to profit in 2026: €156,581 after a loss of €107,270 in 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,974 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €0.03m | €0.4m | €1.1m | €0.9m | €0.7m | €0.8m | - | - | - |
| Non-recurring operating income76A | - | - | - | - | - | - | - | €389 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.6m | €0.4m | €0.5m | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.07m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.05m | €0.06m | €0.07m | €0.04m | €0.03m | - | €0.04m | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €0.04m | - | - |
| Other operating charges640/8 | - | - | - | €0.001m | €102 | €109 | €0.008m | €0.004m | ▼ 46.3% |
| Gross operating margin9900 | €0.01m | €0.1m | €0.5m | €0.3m | €0.3m | €0.3m | €0.1m | €0.3m | ▲ 184% |
| Operating profit (loss)9901 | €0.01m | €0.05m | €0.4m | €0.2m | €0.2m | €0.09m | -€0.1m | €0.2m | - |
| Financial income75/76B | - | - | - | - | €179 | €0.003m | €0.01m | €0.002m | ▼ 81.5% |
| Recurring financial income75 | - | - | €8 | - | €179 | €0.003m | €0.01m | €0.002m | ▼ 81.5% |
| Financial charges65/66B | - | - | - | €0.003m | €0.002m | €0.004m | €0.001m | €0.001m | ▲ 22.0% |
| Recurring financial charges65 | - | €147 | €0.002m | €0.003m | €0.002m | €0.004m | €0.001m | €0.001m | ▲ 63.0% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €262 | - | - |
| Profit (loss) for the period before taxes9903 | €0.01m | €0.05m | €0.4m | €0.2m | €0.2m | €0.09m | -€0.1m | €0.2m | - |
| Income taxes67/77 | €0.002m | €0.008m | €0.09m | €0.04m | €0.05m | €0.02m | - | €0.02m | - |
| Profit (loss) for the period9904 | €0.008m | €0.04m | €0.3m | €0.1m | €0.2m | €0.07m | -€0.1m | €0.1m | - |
| Profit (loss) for the period to be appropriated9905 | €0.008m | €0.04m | €0.3m | €0.1m | €0.2m | €0.07m | -€0.1m | €0.1m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.01m | €0.4m | €0.7m | €0.6m | €0.7m | €0.8m | €0.9m | €1.1m | ▲ 28.5% |
| Fixed assets21/28 | €0.01m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.2m | €0.1m | ▼ 23.3% |
| Intangible fixed assets21 | - | €0.1m | €0.1m | €0.1m | €0.09m | €0.08m | €0.08m | €0.06m | ▼ 20.0% |
| Tangible fixed assets22/27 | €0.01m | €0.08m | €0.09m | €0.06m | €0.05m | €0.04m | €0.08m | €0.06m | ▼ 26.3% |
| Land and buildings22 | - | - | - | €0.002m | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.02m | €0.02m | €0.04m | €0.03m | ▼ 19.3% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.03m | €0.02m | €0.05m | €0.03m | ▼ 32.4% |
| Current assets29/58 | €0.004m | €0.2m | €0.5m | €0.5m | €0.6m | €0.7m | €0.7m | €1.0m | ▲ 39.8% |
| Stocks and contracts in progress3 | - | €0.04m | €0.09m | €0.02m | €0.07m | €0.06m | €0.2m | €0.2m | ▲ 38.9% |
| Stocks30/36 | - | - | - | €0.02m | €0.07m | €0.06m | €0.1m | €0.2m | ▲ 110% |
| Contracts in progress37 | - | - | - | - | - | - | €0.05m | - | - |
| Amounts receivable within one year40/41 | - | €0.09m | €0.1m | €0.05m | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 42.9% |
| Trade receivables40 | - | - | - | €0.04m | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 52.6% |
| Other amounts receivable41 | - | - | - | €0.006m | €0.03m | €0.03m | €0.04m | €0.03m | ▼ 16.0% |
| Current investments50/53 | - | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | ▼ 2.9% |
| Cash at bank and in hand54/58 | €0.004m | €0.09m | €0.3m | €0.4m | €0.3m | €0.4m | €0.06m | €0.2m | ▲ 215% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €0.04m | €0.01m | ▼ 64.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.01m | €0.4m | €0.7m | €0.6m | €0.7m | €0.8m | €0.9m | €1.1m | ▲ 28.5% |
| Equity10/15 | €0.01m | €0.05m | €0.3m | €0.5m | €0.6m | €0.7m | €0.6m | €0.7m | ▲ 23.1% |
| Contributions10/11 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.005m | €0.05m | €0.3m | €0.5m | €0.6m | €0.7m | €0.6m | €0.6m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.6m | €0.7m | €0.6m | €0.6m | = |
| Profit (loss) carried forward14 | - | -€0.003m | - | - | - | - | - | €0.1m | - |
| Amounts payable17/49 | €0.003m | €0.4m | €0.4m | €0.2m | €0.09m | €0.1m | €0.3m | €0.4m | ▲ 39.3% |
| Amounts payable after more than one year17 | - | - | €0.1m | €0.09m | - | - | €0.02m | €0.02m | ▼ 23.9% |
| Financial debts170/4 | - | - | - | €0.09m | - | - | €0.02m | €0.02m | ▼ 23.9% |
| Amounts payable within one year42/48 | €0.003m | €0.4m | €0.2m | €0.09m | €0.08m | €0.1m | €0.3m | €0.4m | ▲ 44.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | - | - | €0.005m | €0.005m | ▲ 3.1% |
| Financial debts43 | - | - | - | - | - | - | €0.002m | €0.002m | ▲ 18.2% |
| Credit institutions430/8 | - | - | - | - | - | - | €0.002m | €0.002m | ▲ 18.2% |
| Trade debts44 | - | €0.4m | €0.1m | €0.05m | €0.03m | €0.07m | €0.3m | €0.4m | ▲ 35.9% |
| Suppliers440/4 | - | - | - | €0.05m | €0.03m | €0.07m | €0.3m | €0.4m | ▲ 35.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.03m | €0.04m | €0.006m | €0.03m | ▲ 456% |
| Taxes450/3 | - | - | - | €0.002m | €0.02m | €0.04m | - | €0.02m | - |
| Remuneration and social security454/9 | - | - | - | - | €0.01m | - | €0.006m | €0.009m | ▲ 55.8% |
| Other amounts payable47/48 | - | - | - | - | €0.01m | €0.002m | €0.002m | €0.003m | ▲ 29.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.009m | €0.01m | €0.001m | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,143 | €40,037 | €267,666 | €148,367 | €151,524 | €70,493 | -€96,532 | €136,940 | - |
| + Depreciation and write-downs630 | €2,589 | €52,175 | €55,972 | €65,372 | €35,807 | €28,998 | - | €39,385 | - |
| Operating cash flow (approximation) | €10,732 | €92,212 | €323,638 | €213,739 | €187,331 | €99,491 | -€96,532 | €176,324 | - |
| Investment in fixed assets (approximation) | - | -€260,616 | -€44,790 | -€27,361 | -€3,777 | -€2,228 | -€48,724 | -€2,160 | ▲ 95.6% |
| Change in cash | - | €88,521 | €193,489 | €119,556 | -€130,377 | €76,526 | -€289,879 | €132,832 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 30-09-2026 | 2026-00539551 |
| 31-03-2025 | micro format | 31-10-2025 | 2025-00557152 |
| 31-03-2024 | abbreviated format | 23-10-2024 | 2024-00515344 |
| 31-03-2023 | abbreviated format | 27-09-2023 | 2023-00461740 |
| 31-03-2022 | abbreviated format | 25-10-2022 | 2022-20474870 |
| 31-03-2021 | micro format | 02-11-2021 | 2021-75900102 |
| 31-03-2020 | micro format | 04-11-2020 | 2020-68600076 |
| 31-03-2019 | micro format | 03-09-2019 | 2019-62700173 |
| 31-03-2018 | micro format | 12-09-2018 | 2018-62900542 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €1,030 awarded · €1,030 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €392 |
| 2024 | 1 | €689 | €297 |
| 2023 | 1 | €295 | €295 |
| 2022 | 1 | €46 | €46 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Van Keilegom Kris |
|
| ALLOOOW |
|
Owners and capital
Owners
1 ownerOwners 1
-
4.84%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 04-06-2025 Capital stated in the deed · 186 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
15-01
Gazette deed
Appointment: Allooow BV (director)2 facts ▸
- General meeting, 03-10-2025
- Director appointment, Allooow BV (director)
04-06
Gazette deed
Resignation: Van Keilegom Kris (manager)Reappointment: Van Keilegom Kris (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, “met eenparigheid van stemmen, buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Amendment of the articles (2 times)
- Other provision, “laattijdige omzetting, omzetting laattijdig gebeurd” (deed in Dutch)
- Other provision, “niet-aansprakelijkheid notaris voor laattijdige omzetting” (deed in Dutch)
- Capital conversion, “van rechtswege omgezet”, EUR (deed in Dutch)
- Reserve release, “statutaire onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor uitkering, vormen en meerderheden van statutenwijziging” (deed in Dutch)
- Capital
- Director resignation, Van Keilegom Kris (manager)
- Director reappointment, Van Keilegom Kris (director (not named in the articles))
- Director discharge, Van Keilegom Kris
- Registered office clause, “Reetsesteenweg 26”, 2630 (deed in Dutch)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11372D0100/00W010 | Flanders | 844 m² | 1 · 176 m² | 10.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Proxygrass
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)“Eenvoudige beslissing, alle machten om statutenwijziging authentiek te doen vaststellen” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, met of zonder beperking van duur” (deed in Dutch)“Algemene kosten, representatie-,reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste koper(s),naar evenredigheid aantal bij meer kopers, elke overdracht onder levenden,ten…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Naar evenredigheid aantal aandelen in bezit, inbreng in geld met uitgifte nieuwe aandelen – recht van voorkeur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 31 August at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed