PROFERRO
ActiveSummary
PROFERRO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49.34M and a net result of €4.15M. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 82% of 121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+13
Solvency100=
Growth61▲+18
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 4.12 against 3.34 in 2024; short-term debt: 17.7% and cash: 0.5% of total assets), and 19.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.8%
Return on assets
6.8%
Age of the figures
9 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Sector 24
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
58 d early
2023
69 d early
2022
76 d early
2021
82 d early
2020
67 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€103.06M▲ 5.6%
2024 · €97.63M
2018: €114.38M
2019: €88.16M
2020: €85.44M
2021: €115.04M
2022: €140.16M
2023: €124.76M
2024: €97.63M
2018 → 2025
EBIT margin
5.6%▲ 6.0pp
2024 · -0.4%
2018: 4.3%
2019: -1.6%
2020: 2.9%
2021: 7.4%
2022: 5.9%
2023: 4.4%
2024: -0.4%
2018 → 2025
Net result
€4.15M
2024 · €-589k
2018: €3.26M
2019: €-1.45M
2020: €1.71M
2021: €6.13M
2022: €5.94M
2023: €3.65M
2024: €-589k
2018 → 2025
Working capital
€33.64M▲ 29.3%
2024 · €26.02M
2018: €13.95M
2019: €12.40M
2020: €17.72M
2021: €23.61M
2022: €23.10M
2023: €27.66M
2024: €26.02M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€115.04M-€140.16M▲ 21.8%€124.76M▼ 11.0%€97.63M▼ 21.8%€103.06M▲ 5.6%
Equity€36.20M-€42.14M▲ 16.4%€45.78M▲ 8.7%€45.19M▼ 1.3%€49.34M▲ 9.2%
Operating result€8.54M-€8.33M▼ 2.4%€5.53M▼ 33.6%€-360k€5.76M
Net result€6.13M-€5.94M▼ 3.1%€3.65M▼ 38.6%€-589k€4.15M
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5.76M after a loss of €360k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61.04M
Fixed assets
€16.62M ▼ 18.4%
Current assets
€44.41M ▲ 19.6%
Equity and liabilities €61.04M
Equity
€49.34M ▲ 9.2%
Provisions
€919k ▼ 23.5%
Debt
€10.77M ▼ 2.9%
Debt's share of the balance-sheet total falls from 19.3% to 17.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10.96M▲
2024 · €5.31M
Cash flow
€9.35M▲
2024 · €5.08M
Current ratio
4.12▲
2024 · 3.34
Quick ratio
2.31▲
2024 · 1.31
Debt to equity
0.22▼
2024 · 0.25
ROE
8.4%▲
2024 · -1.3%
ROA
6.8%▲
2024 · -1.0%
Interest coverage
341.87▲
2024 · 25.28
Debt ≤ 1 year
€10.77M▼
2024 · €11.10M
Income taxes
€1.59M▲
2024 · €-56k
Staff costs
€32.56M▼
2024 · €33.18M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 83 lines
Balance sheet
Code20242025
Assets
Total assets20/58€57.50M€61.04M▲
Fixed assets21/28€20.38M€16.62M▼
Tangible fixed assets22/27€20.37M€16.62M▼
Land and buildings22€3.80M€3.60M▼
Plant, machinery and equipment23€15.50M€11.62M▼
Furniture and vehicles24€569k€493k▼
Assets under construction and advance payments27€504k€908k▲
Financial fixed assets28€8k€8k=
Affiliated companies280/1€8k€8k=
Participating interests280€8k€8k=
Other financial fixed assets284/8€400€400=
Amounts receivable and cash guarantees285/8€400€400=
Current assets29/58€37.12M€44.41M▲
Stocks and contracts in progress3€22.60M€19.52M▼
Stocks30/36€22.60M€19.52M▼
Raw materials and consumables30/31€5.89M€5.53M▼
Work in progress32€4.20M€3.43M▼
Finished goods33€12.50M€10.56M▼
Amounts receivable within one year40/41€11.91M€19.70M▲
Trade receivables40€10.33M€14.41M▲
Other amounts receivable41€1.58M€5.29M▲
Current investments50/53€2.03M€4.92M▲
Other investments51/53€2.03M€4.92M▲
Cash at bank and in hand54/58€582k€277k▼
Equity and liabilities
Total equity and liabilities10/49€57.50M€61.04M▲
Equity10/15€45.19M€49.34M▲
Contributions10/11€21.37M€21.37M=
Capital10€21.37M€21.37M=
Issued capital100€21.37M€21.37M=
Reserves13€1.53M€1.74M▲
Non-distributable reserves130/1€1.49M€1.69M▲
Legal reserve130€1.49M€1.69M▲
Tax-exempt reserves132€47k€47k=
Profit (loss) carried forward14€22.29M€26.23M▲
Provisions and deferred taxes16€1.20M€919k▼
Provisions for liabilities and charges160/5€1.20M€919k▼
Pensions and similar obligations160€1.20M€919k▼
Amounts payable17/49€11.10M€10.77M▼
Amounts payable within one year42/48€11.10M€10.77M▼
Trade debts44€4.81M€5.00M▲
Suppliers440/4€4.81M€5.00M▲
Advances received on contracts in progress46€476k€306k▼
Taxes, remuneration and social security45€5.75M€5.47M▼
Taxes450/3€99k€166k▲
Remuneration and social security454/9€5.65M€5.30M▼
Other amounts payable47/48€63k-
Income statement
Code20242025
Operating income70/76A€100.97M€102.35M▲
Turnover70€97.63M€103.06M▲
Change in stocks of work in progress, finished goods and contracts in progress71€430k€-3.17M▼
Other operating income74€2.89M€2.44M▼
Non-recurring operating income76A€29k€24k▼
Operating charges60/66A€101.33M€96.59M▼
Goods for resale, raw materials and consumables60€45.78M€43.24M▼
Purchases600/8€45.30M€43.45M▼
Change in stocks: decrease (increase)609€482k€-209k▼
Services and other goods61€15.36M€15.62M▲
Remuneration, social security and pensions62€33.18M€32.56M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5.67M€5.20M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1.10M€116k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€107k€-282k▼
Other operating charges640/8€126k€130k▲
Non-recurring operating charges66A€619€5k▲
Operating profit (loss)9901€-360k€5.76M▲
Financial income75/76B€136k€154k▲
Recurring financial income75€136k€154k▲
Income from financial fixed assets750-€2k
Income from current assets751€103k€113k▲
Other financial income752/9€33k€39k▲
Financial charges65/66B€421k€178k▼
Recurring financial charges65€421k€178k▼
Debt charges650€210k€32k▼
Other financial charges652/9€211k€146k▼
Profit (loss) for the period before taxes9903€-645k€5.74M▲
Income taxes67/77€-56k€1.59M▲
Taxes670/3€6k€1.59M▲
Tax adjustments and reversals of tax provisions77€63k€471▼
Profit (loss) for the period9904€-589k€4.15M▲
Profit (loss) for the period to be appropriated9905€-589k€4.15M▲
Appropriation of the result
Profit (loss) to be appropriated9906€22.29M€26.44M▲
Profit (loss) brought forward from the previous period14P€22.88M€22.29M▼
Transfer to equity691/2-€208k
To the legal reserve6920-€208k
Social balance
Average headcount (FTE)9087540.2515.9▼
The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €4.15M
Net result €4.15M after one loss-making year.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €6.13M ▲259%
Operating result €8.54M, net result €6.13M, both a record.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €1.71M
Net result €1.71M after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-1.45M ▼144%
Net result drops to €-1.45M, the lowest in the series; recovery starts the following year.
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
23 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, Ieper · 1 establishment unit since 1989
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.
Steverlyncklaan 158900 IeperGround area
14.1 ha
Building footprint
10.8 ha
Volume, LiDAR
1,794 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROFERRO
since 19892.102.755.508
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011C0134/00A004 | Flanders | 14.0 ha | 1 · 10.7 ha | - |
| 33011C0033/00C007indicative | Flanders | 771 m² | 1 · 328 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Ypres
Elsene · indirect
controls
PROFERROBE 0438.243.426
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 148,112 EUR awarded · 148,112 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 30,429 EUR | 30,429 EUR |
| 2024 | 2 | 31,037 EUR | 31,037 EUR |
| 2023 | 2 | 50,934 EUR | 50,934 EUR |
| 2022 | 2 | 35,712 EUR | 35,712 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Recognitions · licences · registrations
Dual-learning approval
3 endedElektromecanicien (vwo)
Elektromecanicien duaal (so)
Elektromechanische technieken duaal (so)
Legal Entity Identifier
549300PU5IQRJ4UNP889
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Of 191 companies in sector 24100 we hold annual accounts for 134. 28 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-09-1989
Fiscal year end31-12
Activities, NACEBEL 2025
24100Manufacture of basic metals
24510Manufacture of basic metals
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.