ACTIVE

PRO23

Financial year 2025 · closed on 31/12/2025
Net result
6,1 k €
-47.4% YoY
Gross margin
79,6 k €
+284.3% YoY
Equity
14,6 k €
+70.9% YoY

What does PRO23 do?

PRO23 is a Private limited company incorporated in 2020. Its main activity is: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores. Its registered office is in Liège.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0743.841.233
Incorporation
19/02/2020
Legal form
Private limited company
Registered office
Rue Saint-Nicolas 464
4000 Liège · WallonieSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 201
  • 302
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin79,6 k €20,7 k €11,2 k €-2,7 k €5,6 k €-6 k €
EBITDA20,4 k €20,7 k €10,5 k €-2,7 k €1,2 k €-13,4 k €
Operating result12,6 k €14,5 k €9,8 k €-2,9 k €1,1 k €-15,2 k €
Net result6,1 k €11,5 k €9,3 k €-3 k €950,7 €-15,3 k €
Balance sheet
Equity14,6 k €8,5 k €-3 k €-12,3 k €-9,3 k €-10,3 k €
Total assets77,6 k €53,1 k €38,6 k €4 k €9,7 k €17,6 k €
Cash21,4 k €12,1 k €705,7 €552,4 €5,5 k €4,9 k €
Debts63 k €44,5 k €41,6 k €16,3 k €19 k €27,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Mustafa Cifci

Director · since 29 août 2024

Active
Büsra CIFCI

Director · since 01 juillet 2021

Active

Ended mandates

Sever CIFCI

Director · since 19 février 2020

Ended
Büsra CIFCI

Director · until 01 juillet 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
AYHAN MARKETActive
0477.894.551
BESIRActive
0793.287.279
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro 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 date30/08/202628/08/202513/08/202431/08/202326/08/202231/08/2021
General meeting30/06/202624/06/202525/06/202427/06/202330/06/202230/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202630/08/2026FrenchPDF
Micro model31/12/202424/06/202528/08/2025FrenchPDF
Micro model31/12/202325/06/202413/08/2024FrenchPDF
Micro model31/12/202227/06/202331/08/2023FrenchPDF
Micro model31/12/202130/06/202226/08/2022FrenchPDF
Micro model31/12/202030/06/202131/08/2021FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 ended

Active mandates

Mustafa Cifci

Director · since 29 août 2024

Active
Büsra CIFCI

Director · since 01 juillet 2021

Active

Ended mandates

Sever CIFCI

Director · since 19 février 2020

Ended
Büsra CIFCI

Director · until 01 juillet 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/09/2024
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office07/08/2024
    SIEGE SOCIAL
    PDF
  • Mandates04/08/2021
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other21/02/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 20256,1 k €
  2. 2024
    Annual accounts 202411,5 k €
  3. 2023
    Annual accounts 20239,3 k €
  4. 2022
    Annual accounts 2022-3 k €
  5. 2021
    Annual accounts 2021950,7 €
  6. 2020
    Annual accounts 2020-15,3 k €
  7. 19/02/2020
    IncorporationPrivate limited company