Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 22.4 to 15.9.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Prodware Belgium from Mont-Saint-Guibert, company number BE0455467062, closed financial year 2025 with a result of € -711,440 after tax. For that financial year Prodware Belgium recorded a gross margin of € 970,515 and equity of € -30,198. Compared with financial year 2024, the result moved from € -1.1 million to € -711,440. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ -30,198
▲ € 1.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -711,440
▲ 36 % less loss than in 2024
Profit after tax over the fiscal year.
€ 102,130
▲ € 77,679 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2025
15.9
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 10% vs 2024
€ 94,000 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.
€ 5,558
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 33,646
Loans from banks and other lenders, long and short.
€ 299,234
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 250,917
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,756,513 | € 1,511,238 | € 1,230,148 | € 970,515 | ▼ 21% |
| Profit after taxes | € -558,470 | € -1,098,308 | € -1,113,910 | € -711,440 | ▲ € 402,470 |
| Equity | € 956,692 | € -141,616 | € -1,255,525 | € -30,198 | ▲ € 1.2 million |
| Total debts | € 1,177,138 | € 2,430,128 | € 2,408,305 | € 1,541,667 | ▼ 36% |
| Cash | € 93,296 | € 106,347 | € 24,451 | € 102,130 | ▲ € 77,679 |
| Retained profit | € -2,043,308 | € -3,141,616 | € -4,255,525 | € -1,030,198 | ▲ € 3.2 million |
| Bank debt | € 0 | € 0 | € 0 | € 33,646 | |
| Balance sheet total | € 2,133,830 | € 2,288,512 | € 1,152,779 | € 1,511,469 | ▲ 31% |
| Employees (FTE) | 24.5 | 22.4 | 17.2 | 15.9 | ▼ 1.3 |
Key figures of Prodware Belgium, 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 Prodware Belgium?
What happened at Prodware Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 711,440. Source: NBB ↗
- Olivier VANGRUNDERBEEK became a director. NBB
- Alain CONRARD stepped down as director. NBB
- Alain CONRARD became a director. NBB
- Stéphane CONRARD became a director. NBB
- New establishment in Aartselaar. KBO
- New establishment in Herstal. KBO
- New establishment in Mont-Saint-Guibert. KBO
In short
From € 558,470 loss in 2022 to € 711,440 loss in 2025.
Paid € 46,868 in corporate taxes since 2022.
On average € 61,000 of value added per employee in 2025.
Management
Behind Prodware Belgium are Olivier VANGRUNDERBEEK and Stéphane CONRARD. Olivier VANGRUNDERBEEK is also behind BIsoft. Stéphane CONRARD is also behind Westpole Belgium.
Directors
According to the 2025 annual accounts
since 2026
since 2022
Alain CONRARD
Managing director
since 2022 · until 2026
Establishments
Establishment units
Physical locations of this company
Rue Emile Francqui 1
1435 Mont-Saint-Guibert
Rue de Hermée 255
4040 Herstal
Active since 1 May 2008
Antwerpsesteenweg 124 box 33
2630 Aartselaar
Active since 1 December 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
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€ 3,838 gross margin · 2025
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€ 175,459 gross margin · 2025
CHROMA IMPACT INVESTMENT
€ -551,328 gross margin · 2025
Chroma Solar Energy
€ 366,977 gross margin · 2025
+10 more
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
Microsoft 365
Hosting
GANDI-AS Domain name registrar - www.gandi.net, FR
Website info
Features
Security
Details
- Company number
- 0455.467.062
- VAT number
- BE 0455.467.062
- Registered office
- Rue Emile Francqui 1, 1435 Mont-Saint-Guibert
- Names & denominations
- Prodware Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 1995
- Peppol
- Active · Active since 17 Sept 2025
- Contact
- prodware.be
- Activities · NACE
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