ACTIVE

PROCEQ

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Financial year 2025 · closed on 31/12/2025

Net result

28,3 k €

+296.2% YoY

Gross margin

704,3 k €

+22.3% YoY

Equity

973,9 k €

+3.0% YoY

Workforce

8,7 ETP

+4.8% YoY

What does PROCEQ do?

PROCEQ is a Private limited company incorporated in 2001. Its main activity is: Manufacture of non-domestic cooling and ventilation equipment. Its registered office is in Aalter. It employs on average 8,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.727.214

Incorporation

05/01/2001

Legal form

Private limited company

Registered office

Durmelaan 12
9880 Aalter · FlandreSee on map

Contributed capital

150 000,00 €

Latest accounts

31/12/2025

Average workforce

8,7 ETP

Activities (NACE)

28250Manufacture of non-domestic cooling and ventilation equipment· main 28250Manufacture of non-domestic cooling and ventilation equipment 29230Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers 43240Electrical, plumbing and other construction installation activities 43299Other construction installation 45340Sale of motor vehicle parts and accessories

Joint committees (4)

111
11101
209
20900

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	704,3 k €	+22.3%	575,8 k €	-55.9%	1,3 M €	+38.7%	941,5 k €	+35.8%	693,5 k €	+93.2%	358,9 k €	-29.8%	511,2 k €	-23.0%	664,3 k €	+24.3%	534,5 k €	+385%	110,3 k €	-76.4%	467,5 k €	+23.5%	378,5 k €	-54.1%	825 k €	+70.8%	483 k €	+2.9%	469,6 k €	-18.0%	572,8 k €	-8.4%	625,1 k €	+16.3%	537,4 k €	-98.9%	47,7 M €
EBITDA	154,7 k €	+39.8%	110,7 k €	-87.4%	877,8 k €	+57.9%	556 k €	+117%	256,5 k €	+354%	-100,9 k €	-199%	101,5 k €	-72.2%	365,8 k €	+43.5%	254,9 k €	+236%	-187,8 k €	-287%	100,4 k €	+330%	23,3 k €	-76.3%	98,5 k €	+30.4%	75,5 k €	-19.8%	94,2 k €	-35.0%	144,8 k €	-16.7%	173,9 k €	+14.3%	152,2 k €	-98.8%	12,9 M €
Operating result	53,5 k €	+420%	-16,7 k €	-102%	753,4 k €	+52.1%	495,2 k €	+122%	222,7 k €	+260%	-138,8 k €	-365%	52,4 k €	-83.6%	319,3 k €	+52.4%	209,5 k €	+188%	-237,3 k €	-538%	54,2 k €	+375%	-19,7 k €	-139%	50,1 k €	+247%	14,4 k €	-9.6%	16 k €	-59.4%	39,3 k €	-42.9%	68,9 k €	+22.4%	56,3 k €	-99.0%	5,7 M €
Net result	28,3 k €	+296%	-14,4 k €	-103%	550,8 k €	+51.9%	362,6 k €	+86.4%	194,5 k €	+232%	-147,8 k €	-603%	29,4 k €	-86.6%	219,5 k €	+7.7%	203,8 k €	+181%	-251,2 k €	-735%	39,6 k €	+197%	-40,8 k €	-285%	22 k €	+20763%	105,7 €	-96.2%	2,8 k €	-71.9%	9,9 k €	-58.5%	23,8 k €	-31.5%	34,8 k €	-94.1%	584,5 k €
Balance sheet
Equity	973,9 k €	+3.0%	945,6 k €	-25.0%	1,3 M €	+55.7%	809,2 k €	+81.2%	446,6 k €	+77.1%	252,1 k €	-37.0%	399,9 k €	+7.9%	370,5 k €	+145%	151 k €	+386%	-52,8 k €	-127%	198,4 k €	-19.6%	246,8 k €	-14.2%	287,6 k €	+8.3%	265,5 k €	+0.0%	265,4 k €	+1.1%	262,7 k €	+3.9%	252,8 k €	+10.4%	229 k €	-98.8%	19,4 M €
Total assets	3,2 M €	+54.7%	2,1 M €	-71.3%	7,3 M €	+31.5%	5,5 M €	+179%	2 M €	+37.1%	1,4 M €	-9.5%	1,6 M €	+27.0%	1,3 M €	-14.6%	1,5 M €	+127%	650,3 k €	-30.3%	933,6 k €	+15.3%	809,9 k €	+34.0%	604,6 k €	-50.5%	1,2 M €	+16.0%	1,1 M €	+34.2%	784,8 k €	-25.4%	1,1 M €	+3.4%	1 M €	-99.0%	99,3 M €
Cash	200,9 k €	+84.7%	108,8 k €	-68.9%	349,2 k €	-52.4%	734,2 k €	+146%	298,8 k €	+5.5%	283,3 k €	+982085%	28,8 €	-100.0%	321,4 k €	+560%	48,7 k €	+168921%	28,8 €	-100.0%	346,8 k €	+3045%	11 k €	-89.8%	107,6 k €	+281%	28,2 k €	-87.3%	223,1 k €	+64.1%	136 k €	-12.9%	156,1 k €	+178%	56,2 k €	-98.6%	4,1 M €
Debts	2,3 M €	+97.4%	1,1 M €	-80.9%	6 M €	+27.1%	4,7 M €	+208%	1,5 M €	+28.9%	1,2 M €	-0.3%	1,2 M €	+36.7%	870,8 k €	-32.9%	1,3 M €	+95.0%	665,4 k €	-3.3%	688,3 k €	+23.3%	558,1 k €	+77.4%	314,6 k €	-66.3%	932,2 k €	+20.4%	774,2 k €	+50.1%	515,8 k €	-34.9%	792,5 k €	+1.4%	781,3 k €	-99.0%	78,6 M €
Other
Workforce	8,7 ETP	+4.8%	8,3 ETP	+20.3%	6,9 ETP	+4.5%	6,6 ETP	-8.3%	7,2 ETP	-7.7%	7,8 ETP	+23.8%	6,3 ETP	+28.6%	4,9 ETP	+11.4%	4,4 ETP	-21.4%	5,6 ETP	+3.7%	5,4 ETP	+8.0%	5,0 ETP	-23.1%	6,5 ETP	-9.7%	7,2 ETP	-8.9%	7,9 ETP	-10.2%	8,8 ETP	-7.4%	9,5 ETP	+4.4%	9,1 ETP	+5.8%	8,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 20 ended

Active mandates

AXIS

Managing director · since 15 mars 2021 · 0865.436.176

Represented by De Clercq Francis

Active

Ended mandates

JAMINE

Director · since 06 juin 2025 · 0466.009.279

Represented by Meire NICOLAS

Ended

AXIS

Managing director · since 15 mars 2021 · 0865.436.176

Represented by De CLERCQ FRANCIS

Ended

AXIS

Director · since 15 mars 2021 · 0865.436.176

Represented by Francis De Clercq

Ended

TYD

Director · since 15 mars 2021 · 0887.498.035

Represented by Van MEIRHAEGHE RIK

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	31/12/2025	30/12/2024	30/12/2023	30/12/2022	30/12/2021	30/12/2020
Length of the financial year	13 months	13 months	13 months	13 months	13 months	13 months
Filing date	21/08/2026	13/06/2025	04/06/2024	30/06/2023	11/04/2022	07/06/2021
General meeting	30/05/2026	06/06/2025	30/05/2024	30/05/2023	31/03/2022	31/05/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	21/08/2026	Dutch	PDF
Abridged model	30/12/2024	06/06/2025	13/06/2025	Dutch	PDF
Abridged model	30/12/2023	30/05/2024	04/06/2024	Dutch	PDF
Abridged model	30/12/2022	30/05/2023	30/06/2023	Dutch	PDF
Abridged model	30/12/2021	31/03/2022	11/04/2022	Dutch	PDF
Abridged model	30/12/2020	31/05/2021	07/06/2021	Dutch	PDF
Abridged model	30/12/2019	30/05/2020	15/06/2020	Dutch	PDF
Abridged model	30/12/2018	31/05/2019	06/06/2019	Dutch	PDF
Abridged model	30/12/2017	30/05/2018	01/06/2018	Dutch	PDF
Abridged model	30/12/2016	30/05/2017	21/06/2017	Dutch	PDF
Abridged model	30/12/2015	30/05/2016	31/08/2016	Dutch	PDF
Abridged model	30/12/2014	30/05/2015	23/06/2015	Dutch	PDF
Abridged model	30/12/2013	28/02/2014	27/03/2014	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	20/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 31/12/2025 · 1 active · 20 ended

Active mandates

AXIS

Managing director · since 15 mars 2021 · 0865.436.176

Represented by De Clercq Francis

Active

Ended mandates

JAMINE

Director · since 06 juin 2025 · 0466.009.279

Represented by Meire NICOLAS

Ended

AXIS

Managing director · since 15 mars 2021 · 0865.436.176

Represented by De CLERCQ FRANCIS

Ended

AXIS

Director · since 15 mars 2021 · 0865.436.176

Represented by Francis De Clercq

Ended

TYD

Director · since 15 mars 2021 · 0887.498.035

Represented by Van MEIRHAEGHE RIK

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Mandates25/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/02/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/03/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other16/10/2013
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202528,3 k €↑
06/06/2025
nominationJamine bv — bestuurder
06/06/2025
nominationMeire Nicolas — vaste vertegenwoordiger
2025
Name changeProceq
2024
Annual accounts 2024-14,4 k €↓
2023
Annual accounts 2023550,8 k €↑
2022
Annual accounts 2022362,6 k €↑
2021
Annual accounts 2021194,5 k €↑
2020
Annual accounts 2020-147,8 k €↓
2019
Annual accounts 201929,4 k €↓
2018
Annual accounts 2018219,5 k €↑
2017
Annual accounts 2017203,8 k €↑
2016
Annual accounts 2016-251,2 k €↓
2015
Annual accounts 201539,6 k €↑
2014
Annual accounts 2014-40,8 k €↓
2013
Annual accounts 201322 k €↑
2011
Annual accounts 2011105,7 €↓
2010
Annual accounts 20102,8 k €↓
2009
Annual accounts 20099,9 k €↓
2008
Annual accounts 200823,8 k €↓
2007
Annual accounts 200734,8 k €↓
2006
Annual accounts 2006584,5 k €
2006
Name changeVan De Walle - Apparatenbouw
05/01/2001
IncorporationPrivate limited company

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

PROCEQ

Overview

What does PROCEQ do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline