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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PROCURAM from Gent, company number BE0830958616, closed financial year 2025 with a result of € 22,590 after tax. For that financial year PROCURAM recorded a gross margin of € 99,464 and equity of € 203,768. Compared with financial year 2024, the result moved from € 38,665 to € 22,590. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ 203,768
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,590
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 47,121
▼ 44% 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 € 180,168.
People and assets in 2025
€ 2,584
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 196,346
▼ 9% vs 2024
€ 22,867 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 26,514
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,429
▼ 22% 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 | € 104,379 | € 76,932 | € 158,358 | € 99,464 | ▼ 37% |
| Profit after taxes | € -43,063 | € -57,487 | € 38,665 | € 22,590 | ▼ 42% |
| Equity | € 200,000 | € 142,513 | € 181,178 | € 203,768 | ▲ 12% |
| Total debts | € 753,345 | € 736,315 | € 704,161 | € 605,599 | ▼ 14% |
| Cash | € 14,360 | € 11,024 | € 84,178 | € 47,121 | ▼ 44% |
| Land & buildings | € 829,609 | € 795,829 | € 761,881 | € 729,188 | ▼ 4% |
| Retained profit | € 176,400 | € 118,913 | € 157,578 | € 180,168 | ▲ 14% |
| Bank debt | € 273,656 | € 237,472 | € 216,209 | € 196,346 | ▼ 9% |
| Balance sheet total | € 953,345 | € 878,828 | € 933,548 | € 857,576 | ▼ 8% |
Key figures of PROCURAM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to PROCURAM?
What happened at PROCURAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,590 (▼ 42% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,063 loss in 2022 to € 22,590 profit in 2025.
Paid € 44,115 in corporate taxes since 2022.
Best year ever: 2024, with € 38,665 profit.
Management
Behind PROCURAM is Michaël Hillaert. Michaël Hillaert is also behind PANNOC CHEMIE.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Mijlgrachtstraat 6
9052 Gent
Julius Vuylstekestraat 12
9040 Gent
Active since 8 November 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0830.958.616
- VAT number
- BE 0830.958.616
- Registered office
- Mijlgrachtstraat 6, 9052 Gent
- Names & denominations
- PROCURAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2010
- Peppol
- Active · Active since 12 Jun 2024
- Activities · NACE
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