NORMAL SITUATION

PROCADES

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Financial year 2023 · closed on 31/12/2023

Net result

43,2 k €

+26.5% YoY

Gross margin

69,5 k €

+24.2% YoY

Equity

142,8 k €

+43.4% YoY

Company — Normal situation.

What does PROCADES do?

PROCADES is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.732.425

Legal form

Private company with limited liability

Contributed capital

12 400,00 €

Latest accounts

31/12/2023

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	69,5 k €	+24.2%	55,9 k €	+112%	26,4 k €	-16.2%	31,5 k €	+133%	13,5 k €	+287%	3,5 k €	-78.5%	16,2 k €	+46.6%	11 k €	-42.1%	19,1 k €
EBITDA	68,5 k €	+24.6%	55 k €	+114%	25,7 k €	-16.9%	31 k €	+156%	12,1 k €	+548%	1,9 k €	-87.4%	14,8 k €	+55.0%	9,5 k €	-44.6%	17,2 k €
Operating result	64 k €	+24.1%	51,6 k €	+121%	23,4 k €	-23.2%	30,4 k €	+151%	12,1 k €	+1732%	660,2 €	-95.1%	13,4 k €	+81.9%	7,4 k €	-54.3%	16,1 k €
Net result	43,2 k €	+26.5%	34,2 k €	+128%	15 k €	-24.8%	19,9 k €	+315%	4,8 k €	+835%	513 €	-87.9%	4,2 k €	+106%	2,1 k €	-55.7%	4,7 k €
Balance sheet
Equity	142,8 k €	+43.4%	99,6 k €	+52.2%	65,4 k €	+29.7%	50,5 k €	+65.2%	30,5 k €	+18.6%	25,7 k €	+2.0%	25,2 k €	+20.3%	21 k €	+10.9%	18,9 k €
Total assets	169,2 k €	+38.3%	122,4 k €	+46.5%	83,5 k €	+16.4%	71,7 k €	+70.6%	42 k €	+27.2%	33 k €	+8.2%	30,5 k €	-6.8%	32,8 k €	-50.5%	66,2 k €
Cash	106,2 k €	+22.4%	86,8 k €	+37.6%	63,1 k €	+20.2%	52,5 k €	+59.6%	32,9 k €	+68.1%	19,6 k €	+9.0%	17,9 k €	-14.1%	20,9 k €	-62.8%	56,1 k €
Debts	26,4 k €	+15.9%	22,8 k €	+25.9%	18,1 k €	-14.9%	21,3 k €	+85.1%	11,5 k €	+57.7%	7,3 k €	+37.7%	5,3 k €	-55.1%	11,8 k €	-75.1%	47,2 k €

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active

Active mandates

Luc Van den Berghe

Manager · since 13 août 1999

Active

Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2024	19/07/2023	20/07/2022	21/07/2021	20/07/2020	25/06/2019
General meeting	13/05/2024	26/06/2023	27/06/2022	28/06/2021	29/06/2020	24/06/2019
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	13/05/2024	16/07/2024	Dutch	PDF
Micro model	31/12/2022	26/06/2023	19/07/2023	Dutch	PDF
Micro model	31/12/2021	27/06/2022	20/07/2022	Dutch	PDF
Micro model	31/12/2020	28/06/2021	21/07/2021	Dutch	PDF
Micro model	31/12/2019	29/06/2020	20/07/2020	Dutch	PDF
Micro model	31/12/2018	24/06/2019	25/06/2019	Dutch	PDF
Micro model	31/12/2017	25/06/2018	20/07/2018	Dutch	PDF
Micro model	31/12/2016	26/06/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	18/03/2015	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	28/08/2014	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	31/08/2007	Dutch	PDF
Abridged model	31/12/2005	26/06/2006	29/09/2006	Dutch	PDF
Abridged model	31/12/2004	27/06/2005	30/09/2005	Dutch	PDF
Abridged model	31/12/2003	28/06/2004	30/09/2004	Dutch	PDF
Abridged model	31/12/2002	30/06/2003	25/09/2003	Dutch	PDF
Abridged model	31/12/2001	24/06/2002	08/10/2002	Dutch	PDF
Abridged model	31/12/2000	25/06/2001	19/11/2001	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active

Active mandates

Luc Van den Berghe

Manager · since 13 août 1999

Active

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2023
Annual accounts 202343,2 k €↑
2022
Annual accounts 202234,2 k €↑
2021
Annual accounts 202115 k €↓
2020
Annual accounts 202019,9 k €↑
2019
Annual accounts 20194,8 k €↑
2018
Annual accounts 2018513 €↓
2017
Annual accounts 20174,2 k €↑
2016
Annual accounts 20162,1 k €↓
2015
Annual accounts 20154,7 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PROCADES

Overview

What does PROCADES do?

Trend over 9 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline