Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PROCO-IMMO from Lontzen, company number BE0554823964, closed financial year 2025 with a result of € 279,497 after tax. For that financial year PROCO-IMMO recorded a gross margin of € 660,726 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 268,136 to € 279,497. 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 November 30, 2025.
€ 2.3 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 279,497
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 286,518
▲ € 246,427 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 € 1.6 million.
Debts at end 2025
€ 1.2 million
▼ 14% vs 2024
€ 189,387 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 129,440
▲ € 115,940 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,200
▼ 35% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 532,227 | € 620,669 | € 659,249 | € 660,726 | |
| Profit after taxes | € 185,719 | € 242,796 | € 268,136 | € 279,497 | ▲ 4% |
| Equity | € 1,683,925 | € 1,881,878 | € 2,105,170 | € 2,339,824 | ▲ 11% |
| Total debts | € 3,596,736 | € 2,844,551 | € 2,241,756 | € 3,844,025 | ▲ 71% |
| Cash | € 373,999 | € 186,449 | € 40,092 | € 286,518 | ▲ € 246,427 |
| Land & buildings | € 4,795,548 | € 4,539,544 | € 4,283,539 | € 4,027,535 | ▼ 6% |
| Retained profit | € 781,908 | € 1,024,704 | € 1,292,839 | € 1,572,336 | ▲ 22% |
| Bank debt | € 1,736,736 | € 1,557,146 | € 1,374,348 | € 1,188,285 | ▼ 14% |
| Balance sheet total | € 5,280,662 | € 4,726,429 | € 4,346,927 | € 6,183,849 | ▲ 42% |
Key figures of PROCO-IMMO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 December 2026.
What happened to PROCO-IMMO?
What happened at PROCO-IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laura M. Kowalchik stepped down as director. NBB
- Jonathan B. DeGaynor stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 279,497 (▲ 4% vs 2024). Source: NBB ↗
- Laura M. Kowalchik became a director. NBB
- Amit Patel stepped down as director. NBB
- Jonathan B. DeGaynor became a director. NBB
- Andrea Jean Barry stepped down as director. NBB
- Amit Patel became a director. NBB
In short
From € 185,719 profit in 2022 to € 279,497 profit in 2025.
Paid € 267,339 in corporate taxes since 2022.
Best year ever: 2025, with € 279,497 profit.
Management
The stake of METHODE ELECTRONICS BELGIUIM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROCO-IMMOThe shares are held by METHODE ELECTRONICS BELGIUIM (100%).
Directors
According to the 2025 annual accounts
since 2022 · until 2024
since 2025 · until 2031
since 2024 · until 2025
since 2025 · until 2031
since 2024 · until 2025
since 2024 · until 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Zénobe Gramme 9-11
4710 Lontzen
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.
Details
- Company number
- 0554.823.964
- VAT number
- BE 0554.823.964
- Registered office
- Rue Zénobe Gramme 9-11, 4710 Lontzen
- Names & denominations
- PROCO-IMMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2014
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen