DE PROOST STEFAAN
ActiveSummary
The computed 12-month bankruptcy probability of DE PROOST STEFAAN is 2.9% (moderate). The annual accounts of DE PROOST STEFAAN for fiscal year 2024 show a net loss of 62% of the equity at the start of that year. The 2024 annual accounts show equity of €11k and a net result of €-19k. Equity is shrinking by ~57.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 12% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▼-16
Solvency31▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.61 against 1.29 in 2023; short-term debt: 43.7% and cash: 11.9% of total assets), but 93.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
6.2%
Return on assets
-10%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-09-2025, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
39 d late
2023
62 d late
2022
71 d late
2021
75 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€11k▼ 61.8%
2023 · €30k
2021: €59k
2022: €23k
2023: €30k
2021 → 2024
Total assets
€186k▼ 22.3%
2023 · €240k
2021: €293k
2022: €257k
2023: €240k
2021 → 2024
Net result
€-19k
2023 · €7k
2021: €16k
2022: €-36k
2023: €7k
2021 → 2024
Working capital
€50k▲ 52.2%
2023 · €33k
2021: €6k
2022: €2k
2023: €33k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€59k-€23k▼ 61.2%€30k▲ 31.3%€11k▼ 61.8%
Operating result€17k-€-35k€9k€-17k
Net result€16k-€-36k€7k€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €17k after €9k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €186k
Fixed assets
€55k ▼ 41.8%
Current assets
€131k ▼ 9.7%
Equity and liabilities €186k
Equity
€11k ▼ 61.8%
Debt
€175k ▼ 16.7%
Debt's share of the balance-sheet total rises from 87.5% to 93.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28k▼
2023 · €51k
Cash flow
€27k▼
2023 · €49k
Current ratio
1.61▲
2023 · 1.29
Quick ratio
1.40▲
2023 · 1.17
Debt to equity
15.24▲
2023 · 6.99
ROE
-161.6%▼
2023 · 23.8%
ROA
-10.0%▼
2023 · 3.0%
Interest coverage
30.14▼
2023 · 44.76
Debt ≤ 1 year
€81k▼
2023 · €113k
Debt > 1 year
€93k▼
2023 · €97k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€240k€186k▼
Fixed assets21/28€94k€55k▼
Tangible fixed assets22/27€94k€55k▼
Plant, machinery and equipment23€78k€45k▼
Furniture and vehicles24€16k€10k▼
Current assets29/58€145k€131k▼
Stocks and contracts in progress3€14k€17k▲
Contracts in progress37€14k€17k▲
Amounts receivable within one year40/41€72k€40k▼
Trade receivables40€62k€29k▼
Other amounts receivable41€10k€10k=
Current investments50/53-€30k
Cash at bank and in hand54/58€40k€22k▼
Deferred charges and accrued income490/1€19k€22k▲
Equity and liabilities
Total equity and liabilities10/49€240k€186k▼
Equity10/15€30k€11k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€24k€5k▼
Amounts payable17/49€210k€175k▼
Amounts payable after more than one year17€97k€93k▼
Financial debts170/4€97k€93k▼
Amounts payable within one year42/48€113k€81k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€54k€28k▼
Suppliers440/4€54k€28k▼
Taxes, remuneration and social security45€18k€13k▼
Taxes450/3€2k€612▼
Remuneration and social security454/9€17k€13k▼
Other amounts payable47/48€37k€37k=
Income statement
Code20232024
Remuneration, social security and pensions62€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€45k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€55k€31k▼
Operating profit (loss)9901€9k€-17k▼
Financial income75/76B-€265
Recurring financial income75-€265
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€930▼
Non-recurring financial charges66B-€478
Profit (loss) for the period before taxes9903€7k€-19k▼
Income taxes67/77€292-
Profit (loss) for the period9904€7k€-19k▼
Profit (loss) for the period to be appropriated9905€7k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€5k▼
Profit (loss) brought forward from the previous period14P€17k€24k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Weakest financial yearnet €-36k ▼321%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Meise · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Neerpoorten 31861 MeiseGround area
909 m²
Building footprint
101 m²
Volume, LiDAR
725 m³
Parcel 23093C0359/00V000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE PROOST STEFAAN
since 20192.286.048.488
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23093C0359/00V000 | Flanders | 909 m² | 1 · 101 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NClose Terrassement
BE 1020.243.525
Welkenraedt · Eq €11,470
Kabel- en Spoorwerken
BE 0797.900.818
Antwerpen · Eq €11,476
TH. DORTU
BE 0845.216.428
Welkenraedt · Eq €11,485
Grond- en loonwerken BN
BE 0743.982.575
Herk-de-Stad · Eq €11,454
TERRA TCHOF
BE 0656.812.140
Limbourg · Eq €11,449
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 1,586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000