Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 574.4 to 515.9.
Financials
Financial year 2025
PROFERRO from Ieper, company number BE0438243426, closed financial year 2025 with a result of € 4.2 million after tax. For that financial year PROFERRO recorded revenue of € 103.1 million and equity of € 49.3 million. Compared with financial year 2024, the result moved from € -589,174 to € 4.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 49.3 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.2 million
▲ still € 589,174 loss in 2024
Profit after tax over the fiscal year.
€ 276,666
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 28 million.
People and assets in 2025
515.9
▼ 24.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 32.6 million
▼ 2% vs 2024
€ 63,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 492,865
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.
€ 5.5 million
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 140,157,123 | € 124,764,923 | € 97,625,578 | € 103,060,351 | ▲ 6% |
| Profit after taxes | € 5,939,628 | € 3,645,825 | € -589,174 | € 4,150,091 | ▲ € 4.7 million |
| Equity | € 42,136,635 | € 45,782,460 | € 45,193,286 | € 49,343,377 | ▲ 9% |
| Total debts | € 24,592,894 | € 17,962,118 | € 11,100,688 | € 10,773,274 | ▼ 3% |
| Cash | € 1,885,380 | € 887,446 | € 581,639 | € 276,666 | ▼ 52% |
| Land & buildings | € 4,194,164 | € 3,993,732 | € 3,796,967 | € 3,600,202 | ▼ 5% |
| Retained profit | € 20,763,023 | € 24,408,849 | € 23,819,675 | € 27,969,765 | ▲ 17% |
| Bank debt | € 4,800,553 | € 5,100,000 | € 0 | € 0 | |
| Balance sheet total | € 68,058,139 | € 64,839,126 | € 57,495,872 | € 61,036,104 | ▲ 6% |
| Employees (FTE) | 572.4 | 574.4 | 540.2 | 515.9 | ▼ 24.3 |
Key figures of PROFERRO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PROFERRO?
What happened at PROFERRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Johan Verstraete stepped down as director. NBB
- Sandra Hoeylaerts stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4.2 million. Source: NBB ↗
- Catherine Defoor stepped down as director. NBB
- Johan Verstraete became a director. NBB
- Sandra Hoeylaerts became a director. NBB
- Catherine Defoor became a director. NBB
- New establishment in Ieper. KBO
In short
From € 5.9 million profit in 2022 to € 4.2 million profit in 2025.
Paid € 5.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 5.9 million profit.
Pays suppliers within 31 days on average.
Management
The shares are held by Picanol NV (100%) and PsiControl NV (0%). It owns 1% of PT Picanol Indonesia, 0.3% of Picanol Tekstil Makinalari Tic.Ltd.Sti., 0.1% of PsiControl, 0% of Picanol de Mexico S.A. de C.V., 0% of Picanol India Private ltd and 0% of PICANOL do BRASIL itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2029
Catherine Defoor
Director
since 2022 · until 2026
Sandra Hoeylaerts
Director
Also active at: PICANOL, TESSENDERLO CHEMIE INTERNATIONAL, Dyka Plastics, Psicontrol, Hoeylaerts Mgmt
since 2024 · until 2029
Shareholders
100%
Participations
PT Picanol Indonesia
1%
Picanol Tekstil Makinalari Tic.Ltd.Sti.
0.3%
0.1%
Picanol de Mexico S.A. de C.V.
0%
Picanol India Private ltd
0%
PICANOL do BRASIL
0%
Establishments
Establishment units
Physical locations of this company
Steverlyncklaan 15
8900 Ieper
Steverlyncklaan -
8900 Ieper
Active since 20 September 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0438.243.426
- VAT number
- BE 0438.243.426
- Registered office
- Steverlyncklaan 15, 8900 Ieper
- Names & denominations
- PROFERRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 1989
- Peppol
- Active · Active since 11 Jun 2026
- Contact
- proferro.be
- Activities · NACE
Gieten van ijzer
Vervaardiging van ijzer en staal en van ferrolegeringen