PROSPECTCO
ActiveSummary
The annual accounts of PROSPECTCO for fiscal year 2024 show a net loss of 61% of the equity at the start of that year. The 2024 annual accounts show equity of €78k and a net result of €-124k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 24% of 15870 sector peers (fiscal year 2024). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability11▼-3
Solvency29▼-5
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.3 against 0.39 in 2023; short-term debt: 90.3% and cash: 9.3% of total assets), and 95.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
4.4%
Return on assets
-7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-124k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 15870 sector peers (2024).
NBB · sector comparisonPosition among 15870 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
64 d late
2022
57 d late
2021
88 d late
2020
1 d early
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€78k▼ 61.4%
2023 · €202k
2018: €180k
2019: €76k
2020: €81k
2021: €92k
2022: €310k
2023: €202k
2018 → 2024
Total assets
€1.78M▼ 18.6%
2023 · €2.19M
2018: €3.05M
2019: €2.81M
2020: €3.25M
2021: €2.95M
2022: €2.35M
2023: €2.19M
2018 → 2024
Net result
€-124k▼ 15.6%
2023 · €-107k
2018: €-39k
2019: €-104k
2020: €5k
2021: €11k
2022: €217k
2023: €-107k
2018 → 2024
Working capital
€-1.13M▲ 0.9%
2023 · €-1.14M
2018: €-2.60M
2019: €-2.51M
2020: €-2.61M
2021: €-2.58M
2022: €-1.01M
2023: €-1.14M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€81k-€92k▲ 13.9%€310k▲ 235%€202k▼ 34.7%€78k▼ 61.4%
Operating result€74k-€64k▼ 13.5%€351k▲ 446%€-35k€-27k▲ 24.0%
Net result€5k-€11k▲ 116%€217k▲ 1,827%€-107k€-124k▼ 15.6%
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 stays negative: a loss of €27k in 2024 against €35k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.78M
Fixed assets
€1.30M ▼ 10.2%
Current assets
€480k ▼ 35.1%
Equity and liabilities €1.78M
Equity
€78k ▼ 61.4%
Debt
€1.70M ▼ 14.2%
The debt ratio rises from 90.7% to 95.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16k▲
2023 · €14k
Cash flow
€-81k▼
2023 · €-58k
Current ratio
0.30▼
2023 · 0.39
Debt / equity
21.76▲
2023 · 9.81
ROE
-158.7%▼
2023 · -53.1%
ROA
-7.0%▼
2023 · -4.9%
Interest coverage
0.17▼
2023 · 0.20
Debt ≤ 1 year
€1.61M▼
2023 · €1.88M
Debt > 1 year
€93k▼
2023 · €108k
Income taxes
€329▲
2023 · €-5
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.19M€1.78M▼
Fixed assets21/28€1.45M€1.30M▼
Tangible fixed assets22/27€1.45M€1.30M▼
Land and buildings22€1.42M€1.27M▼
Plant, machinery and equipment23€1k€928▼
Furniture and vehicles24€26k€25k▼
Financial fixed assets28€525€0▼
Current assets29/58€740k€480k▼
Amounts receivable within one year40/41€19k€313k▲
Trade receivables40€12k€303k▲
Other amounts receivable41€7k€11k▲
Cash at bank and in hand54/58€719k€165k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€2.19M€1.78M▼
Equity10/15€202k€78k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€316k€316k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€308k€308k=
Profit (loss) carried forward14€-188k€-313k▼
Amounts payable17/49€1.98M€1.70M▼
Amounts payable after more than one year17€108k€93k▼
Financial debts170/4€108k€93k▼
Amounts payable within one year42/48€1.88M€1.61M▼
Current portion of amounts payable after more than one year42€14k€15k▲
Financial debts43€1.50M€1.50M=
Credit institutions430/8€1.50M€1.50M=
Trade debts44€157k€5k▼
Suppliers440/4€157k€5k▼
Taxes, remuneration and social security45€8k€0▼
Taxes450/3€8k€0▼
Other amounts payable47/48€196k€86k▼
Accrued charges and deferred income492/3€0€2k▲
Income statement
Code20232024
Non-recurring operating income76A€2k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€43k▼
Other operating charges640/8€15k€12k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€29k€28k▼
Operating profit (loss)9901€-35k€-27k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€72k€97k▲
Recurring financial charges65€72k€97k▲
Profit (loss) for the period before taxes9903€-107k€-124k▼
Transfer from deferred taxes780€0-
Income taxes67/77€-5€329▲
Profit (loss) for the period9904€-107k€-124k▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€-107k€-124k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-188k€-313k▼
Profit (loss) brought forward from the previous period14P€-81k€-188k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €-124k
Net result drops to €-124k, the lowest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
31-12
Financial
Highest result since 2018net €217k ▲1827%
Operating result €351k, net result €217k, both a record.
31-12
Financial
Equity above €200kEq €310k ▲235%
3 profitable years in a row build equity to €310k.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 88 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
13-02
State Gazette act
Shareholder resolution · Director resignation
Director appointment · Board meeting
25-01
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
13-04
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
13-04
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
2016
14-12
State Gazette act
General meeting · Auditor appointment
Permanent representative · Director reappointment
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2011
10-03
State Gazette act
General meeting · Capital increase
Capital · Corporate purpose
08-03
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
08-03
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Antwerpen · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Karel Rogierstraat 19b2000 AntwerpenGround area
251 m²
Building footprint
199 m²
Volume, LiDAR
2,873 m³
Parcel 11811L3624/00P000, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
PROSPECTCO NV
since 19932.026.692.363
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3624/00P000 | Flanders | 251 m² | 1 · 199 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
3 partiesPROSPECTCOBE 0427.051.903
controls
Where this company holds controlthis company sits on their board3
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Of 1,137 companies in sector 46130 we hold annual accounts for 646. 512 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-03-1985
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.