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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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
PROCAREX from Profondeville, company number BE0716691131, closed financial year 2023 with a result of € -40,943 after tax. For that financial year PROCAREX recorded a gross margin of € 101,632 and equity of € 54,993. Compared with financial year 2022, the result moved from € -64,796 to € -40,943. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 10, 2024.
€ 54,993
▼ 43% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,943
▲ 37 % less loss than in 2022
Profit after tax over the fiscal year.
€ 54,138
▼ 64% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 24,993.
People and assets in 2023
3.8
▼ 0.2 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 102,117
▼ 6% vs 2022
€ 26,900 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.
€ 4,427
▼ 43% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 98,102
▼ 24% vs 2022
€ 36,062 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 191,740
▲ 13% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 17,283
▲ 19% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 286,143 | € 90,126 | € 101,632 | ▲ 13% |
| Profit after taxes | € 102,110 | € -64,796 | € -40,943 | ▲ € 23,852 |
| Equity | € 160,732 | € 95,937 | € 54,993 | ▼ 43% |
| Total debts | € 339,107 | € 323,451 | € 315,843 | ▼ 2% |
| Cash | € 193,247 | € 152,499 | € 54,138 | ▼ 64% |
| Retained profit | € 130,732 | € 65,937 | € 24,993 | ▼ 62% |
| Bank debt | € 163,847 | € 128,438 | € 98,102 | ▼ 24% |
| Balance sheet total | € 499,839 | € 419,388 | € 370,836 | ▼ 12% |
| Employees (FTE) | 3.6 | 4 | 3.8 | ▼ 0.2 |
Key figures of PROCAREX, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to PROCAREX?
What happened at PROCAREX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
PROCAREX is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 40,943. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 102,110 profit in 2021 to € 40,943 loss in 2023.
Paid € 32,202 in corporate taxes since 2021.
Best year ever: 2021, with € 102,110 profit.
On average € 26,700 of value added per employee in 2023.
Management
Behind PROCAREX is Gregory Waudoit.
Directors
According to the 2023 annual accounts
Gregory Waudoit
Director
Establishments
Establishment units
Physical locations of this company
Chaussée de Dinant 31
5170 Profondeville
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0716.691.131
- VAT number
- BE 0716.691.131
- Registered office
- Chaussée de Dinant 31, 5170 Profondeville
- Names & denominations
- PROCAREX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 20 December 2018
- Peppol
- Not registered