Financials
- Financial year
- 2024
- Total assets
- €1.8m
- Loss
- -€124,097
- Solvency
- 4.4%
Total assets▼ 18.6%
Net result
20182024
PROSPECTCO
ActiveSummary
The annual accounts of PROSPECTCO for financial year 2024 show a net loss of 61% of the equity at the start of that year. The 2024 annual accounts show equity of €78,180 and a net result of -€124,097. Equity remains stable across the filed financial years (±2.4% per year). Its solvency ranks better than 58% of 9,664 sector peers (NACE 46, financial year 2025). The company has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Agents in the wholesale of timber and building materials
NACE 46130
1 site
Size
€1.8mtotal assets 2024
- Equity
- €78,180
- Loss
- -€124,097
Turnover not published (abbreviated or micro format)
Structure
Accounts 78 days overdue1 of 8 deeds read
Why 57raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLatest accounts 76 days late; 3 of the last 3 late1 change of registered office in 24 monthsLiquidity: current ratio 1.65, cash €7,646, halvedlowers riskFounded in 1985Show the evidence
Checked score
Score 2024
57
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 71% of its sector peers (NACE 46, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency
29-5
equity 4.4% of total assets
Liquidity
12-32
short-term debt 90.3% · cash 9.3%
Profitability
11-3
return on assets -7.0%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.4%▲ +0.1 percentage points vs 01-2025
03-2025: 0.6%▲ +0.2 percentage points vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 1.1%▲ +0.3 percentage points vs 07-2025
09-2025: 1.4%▲ +0.3 percentage points vs 08-2025
10-2025: 1.1%▼ -0.3 percentage points vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 1.3%▲ +0.1 percentage points vs 04-2026
06-2026: 1.4%▲ +0.1 percentage points vs 05-2026
07-2026: 1.5%▲ +0.1 percentage points vs 06-2026
08-2026: 2.1%▲ +0.6 percentage points vs 07-2026
09-2026: 2.4%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 0.8%▼ -1.6 percentage points vs 09-2026
Credit of up to €4,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.3, compared with 0.39 in 2023, below 1; short-term debt: 90.3% and cash: 9.3% of total assets), and 95.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 58% on solvency, 34% on liquidity, 95% on profitability and 97% on growth.
The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€124,097
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
60 days late
2023
64 days late
2022
57 days late
2021
88 days late
2020
1 day early
2019
67 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 56 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
- Weakest financial yearnet -€124,097
Key points
- Caution: Equity fell in 2024from €202,277 to €78,180 ▼ 61.4% View
- Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
- Positive: Among the best 17% on net resultsector median €27,332 · 9,643 companies €202,120 View
- Caution: 2 loss-making years in a rowloss financial year 2024 -€124,097 View
By topic
Timeline
- Events
- 45
- Since
- 1986
- 03-10-2024Annual accounts filed
- 26-09-2023Annual accounts filed
- 31-12-2022Highest result from 2018 to 2024
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Agents in the wholesale of timber and building…NACE 46130
- Founded
- 18-03-1985
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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