ACTIVE

proFarm

Financial year 2025 · closed on 31/12/2025
Net result
-67,8 k €
-6756.3% YoY
Gross margin
202,2 k €
+40.0% YoY
Equity
459,6 k €
-12.9% YoY
Workforce
2,6 ETP
+30.0% YoY

What does proFarm do?

proFarm is a Private limited company incorporated in 2014. Its main activity is: Management consultancy activities. Its registered office is in Aalst. It employs on average 2,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0550.703.741
Incorporation
17/04/2014
Legal form
Private limited company
Registered office
Industrielaan 4
9320 Aalst · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
2,6 ETP
Joint committees (1)
  • 20000
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin202,2 k €144,4 k €170,5 k €253,9 k €243 k €250,3 k €182 k €139,3 k €114,1 k €67,8 k €27,5 k €
EBITDA-58,7 k €1,1 k €111,4 k €178,3 k €187,6 k €199,2 k €143,5 k €137,3 k €111,4 k €65,3 k €24,4 k €
Operating result-70,6 k €-8,3 k €107,7 k €177 k €163,3 k €181,2 k €124,4 k €120,2 k €98,6 k €53,7 k €6,5 k €
Net result-67,8 k €-988,5 €72,2 k €129,5 k €123,5 k €132,5 k €87,4 k €82,9 k €58,8 k €32,3 k €249,9 €
Balance sheet
Equity459,6 k €527,4 k €528,4 k €456,1 k €326,7 k €285,5 k €235,3 k €166,7 k €103,8 k €45 k €12,6 k €
Total assets620,5 k €686 k €639 k €600,8 k €482,4 k €415,9 k €305,6 k €241,8 k €124,7 k €75,2 k €52,3 k €
Cash124,5 k €18,1 k €100,3 k €296,3 k €179,2 k €181,3 k €166,5 k €124,9 k €62,4 k €6,9 k €5,7 k €
Debts148,1 k €125,5 k €95,7 k €78 k €151,1 k €125,4 k €69,2 k €74 k €20 k €29,5 k €39 k €
Other
Workforce2,6 ETP2,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

J. Pennings Holding BV

Director · since 05 avril 2024

Represented by Joost Pennings

Active
Vitalvé International BV

Director · since 29 novembre 2022

Represented by Nard Johannes Petrus Martinus van den Berg

Active

Ended mandates

Vitalvé International

Director · since 29 novembre 2022

Represented by Nard VAN DEN BERG JOHANNES PETRUS MARTINUS

Ended
Jan Bourgeois

Director · since 16 avril 2014 · until 29 novembre 2022

Ended
Jan Bourgeois

Manager · since 16 avril 2014

Ended
J. Pennings Holding BV

Director

Represented by Joost PENNINGS

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/05/202604/07/202524/06/202428/06/202303/06/202208/06/2021
General meeting04/05/202618/06/202505/06/202407/06/202301/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/05/202613/05/2026DutchPDF
Abridged model31/12/202418/06/202504/07/2025DutchPDF
Abridged model31/12/202305/06/202424/06/2024DutchPDF
Abridged model31/12/202207/06/202328/06/2023DutchPDF
Abridged model31/12/202101/06/202203/06/2022DutchPDF
Micro model31/12/202002/06/202108/06/2021DutchPDF
Micro model31/12/201903/06/202018/06/2020DutchPDF
Micro model31/12/201805/06/201907/06/2019DutchPDF
Micro model31/12/201706/06/201820/06/2018DutchPDF
Micro model31/12/201607/06/201712/06/2017DutchPDF
Abridged model31/12/201501/06/201603/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 8 ended

Active mandates

J. Pennings Holding BV

Director · since 05 avril 2024

Represented by Joost Pennings

Active
Vitalvé International BV

Director · since 29 novembre 2022

Represented by Nard Johannes Petrus Martinus van den Berg

Active

Ended mandates

Vitalvé International

Director · since 29 novembre 2022

Represented by Nard VAN DEN BERG JOHANNES PETRUS MARTINUS

Ended
Jan Bourgeois

Director · since 16 avril 2014 · until 29 novembre 2022

Ended
Jan Bourgeois

Manager · since 16 avril 2014

Ended
J. Pennings Holding BV

Director

Represented by Joost PENNINGS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/04/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025-67,8 k €
  2. 2024
    Annual accounts 2024-988,5 €
  3. 2023
    Annual accounts 202372,2 k €
  4. 2022
    Annual accounts 2022129,5 k €
  5. 2022
    Name changeproFarm
  6. 2021
    Annual accounts 2021123,5 k €
  7. 2021
    Name changeBourgeois Jan
  8. 2020
    Annual accounts 2020132,5 k €
  9. 2019
    Annual accounts 201987,4 k €
  10. 2018
    Annual accounts 201882,9 k €
  11. 2017
    Annual accounts 201758,8 k €
  12. 2016
    Annual accounts 201632,3 k €
  13. 2015
    Annual accounts 2015249,9 €
  14. 17/04/2014
    IncorporationPrivate limited company