PR PROJECTS
ActiveSummary
PR PROJECTS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,127 and a net result of €16,737. Equity has been growing by about 36% per year since 2023. Its solvency ranks better than 59% of 2,332 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-04-2023 Normal situation
- Activity
- Machining of metals NACE 25530
- Establishment unit
- 2.344.755.858 9120 Beveren-Kruibeke-Zwijndrecht, since 26-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 11-04-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- €27,724
- ▼ 4.9%
- Turnover
- ≈ €110,000
- estimated
- Profit
- €16,737
- ▼ 13.7%
- Equity
- €39,127
- ▲ 15.3%
- Total assets
- €72,030
- ▼ 13.3%
Score breakdownraises riskFounded in 20231 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.55, cash €28,719Figures for financial year 2025 (filed on 01-06-2026)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 25, micro). It does better than 58% of them on solvency, 77% on liquidity, 87% on profitability and 66% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 38 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-05-2026 PDF all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 12% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €14,293 | €4,992 | €14,519 |
| Financial fixed assets | €1,125 | - | - |
| Depreciation and write-downs of the year | €1,507 | €1,880 | €3,595 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,507 | €1,880 | €3,595 | ▲ 91.2% |
| Other operating charges640/8 | €753 | €63 | €244 | ▲ 287% |
| Gross operating margin9900 | €18,253 | €29,145 | €27,724 | ▼ 4.9% |
| Operating profit (loss)9901 | €15,993 | €27,202 | €23,885 | ▼ 12.2% |
| Financial charges65/66B | €761 | €23 | €207 | ▲ 800% |
| Recurring financial charges65 | €761 | €23 | €207 | ▲ 800% |
| Profit (loss) for the period before taxes9903 | €15,232 | €27,179 | €23,678 | ▼ 12.9% |
| Income taxes67/77 | €3,700 | €7,789 | €6,941 | ▼ 10.9% |
| Profit (loss) for the period9904 | €11,532 | €19,390 | €16,737 | ▼ 13.7% |
| Profit (loss) for the period to be appropriated9905 | €11,532 | €19,390 | €16,737 | ▼ 13.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €51,334 | €83,046 | €72,030 | ▼ 13.3% |
| Fixed assets21/28 | €13,911 | €10,555 | €21,194 | ▲ 101% |
| Tangible fixed assets22/27 | €12,786 | €9,430 | €20,354 | ▲ 116% |
| Plant, machinery and equipment23 | €6,206 | €6,979 | €5,117 | ▼ 26.7% |
| Furniture and vehicles24 | €6,580 | €2,451 | €13,790 | ▲ 463% |
| Other tangible fixed assets26 | - | - | €1,447 | - |
| Financial fixed assets28 | €1,125 | €1,125 | €840 | ▼ 25.3% |
| Current assets29/58 | €37,423 | €72,491 | €50,836 | ▼ 29.9% |
| Amounts receivable within one year40/41 | €11,708 | €21,590 | €20,029 | ▼ 7.2% |
| Trade receivables40 | €11,708 | €21,590 | €20,029 | ▼ 7.2% |
| Cash at bank and in hand54/58 | €24,880 | €49,266 | €28,719 | ▼ 41.7% |
| Deferred charges and accrued income490/1 | €835 | €1,635 | €2,088 | ▲ 27.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €51,334 | €83,046 | €72,030 | ▼ 13.3% |
| Equity10/15 | €14,532 | €33,922 | €39,127 | ▲ 15.3% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €11,532 | €30,922 | €36,127 | ▲ 16.8% |
| Distributable reserves133 | €11,532 | €30,922 | €36,127 | ▲ 16.8% |
| Amounts payable17/49 | €36,802 | €49,124 | €32,903 | ▼ 33.0% |
| Amounts payable after more than one year17 | €20,441 | €20,441 | - | - |
| Other amounts payable178/9 | €20,441 | €20,441 | - | - |
| Amounts payable within one year42/48 | €16,361 | €28,683 | €32,903 | ▲ 14.7% |
| Trade debts44 | €1,871 | €2,776 | €791 | ▼ 71.5% |
| Suppliers440/4 | €1,871 | €2,776 | €791 | ▼ 71.5% |
| Taxes, remuneration and social security45 | €12,890 | €20,145 | €15,191 | ▼ 24.6% |
| Taxes450/3 | €9,725 | €16,536 | €11,495 | ▼ 30.5% |
| Remuneration and social security454/9 | €3,165 | €3,609 | €3,696 | ▲ 2.4% |
| Other amounts payable47/48 | €1,600 | €5,762 | €16,921 | ▲ 194% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,532 | €19,390 | €16,737 | ▼ 13.7% |
| + Depreciation and write-downs630 | €1,507 | €1,880 | €3,595 | ▲ 91.2% |
| Operating cash flow (approximation) | €13,039 | €21,270 | €20,332 | ▼ 4.4% |
| Investment in fixed assets (approximation) | - | €1,476 | -€14,234 | - |
| Change in cash | - | €24,386 | -€20,547 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as PR PROJECTS has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of PR PROJECTS itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for PR PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- PERSIAU Ronny Karel Margriet 100 shares (100%) · €3,000 in cash
Capital transactions
- 28-04-2023 Incorporation · €3,000 · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, netto actief naar verhouding…”
Articles of association, deed of 28-04-2023 (in Dutch)
Network & group
PR PROJECTS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of PR PROJECTS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-09
Gazette deed
Registered office moved within Beveren-Kruibeke-ZwijndrechtDirector in office3 points ▸
- General meeting, 18-07-2024
- Registered-office move, Gentseweg 196A/001 9120 Beveren-Kruibeke-Zwijndrecht
- Director in office, Persiau Ronny (director)
28-04
Gazette deed
IncorporationStarting capital €3,000 · Appointment: PERSIAU Ronny Karel Margriet (director) · Founder10 points ▸
- Founder, PERSIAU Ronny Karel Margriet
- Incorporation, 25-04-2023
- Founding capital, €3,000
- Other provision, “financieel plan, verantwoording aanvangsvermogen” (deed in Dutch)
- Share issue, 100, “gelijk” (deed in Dutch)
- Registered office clause, “Vlaams Gewest, 9150 Kruibeke,deelgemeente Rupelmonde,Kalverstraat 17/B000” (deed in Dutch)
- Other provision, website
- Board rule, 1
- Director appointment, PERSIAU Ronny Karel Margriet (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
PR PROJECTS was incorporated on 26 April 2023 as a private limited company by one natural person, with a starting capital of €3,000.12 The registered office was moved to Beveren-Kruibeke-Zwijndrecht in 2025.3 PERSIAU Ronny Karel Margriet is director of the company, appointed in the act of 28-04-2023.2 Total assets rose from €51,334 in 2023 to €72,030 in 2025.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Kalverstraat 17B, 9150 Beveren-Kruibeke-Zwijndrecht until 18-07-2024 · act of 19-09-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
22 activities
- Alle laswerken.
- Alle vervaardiging van gesmede werkstukken van metaal voor rekening van derden.
- Alle vervaardiging en montage van gesmede werkstukken voor de bouw: trapleuningen, borstweringen, enz.
- Alle afbramen, zandstralen, trommelpolijsten en reinigen van metaal.
- Alle verven, graveren en bedrukken van metaal.
- Alle bekleden van metaal met andere beschermende of decoratieve materialen dan metaal: plastificeren, emailleren, lakken, enz.
- Alle harden en poetsen van metaal.
- Alle boren, draaien, frezen, vonkerosief bewerken, schaven, lappen, tekfrezen, vlakken, zagen, slijpen, lassen, enz. van metalen stukken.
- Alle onderhouds- en herstellingswerken van mechanische aard voor rekening van derden.
- Alle vervaardiging van metalen constructiewerken of gebinten voor de bouw.
- Alle vervaardiging van metalen constructiewerken voor industriële uitrusting (bv. voor hoogovens, hijs- en hefwerktuigen, enz.)
- Alle vervaardiging van geprefabriceerde gebouwen, overwegend van metaal: bouwketen, modulaire tentoonstellingselementen, telefooncellen, enz.
- Alle activiteiten van bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment.
- Alle detailhandel in houten bouw- en tuinmaterialen in gespecialiseerde winkels.
- Alle detailhandel in ijzerwaren en gereedschappen in gespecialiseerde winkels.
- Alle detailhandel in overige bouwmaterialen in gespecialiseerde winkels.
- Alle overige detailhandel, niet in winkels en exclusief markt- en straathandel.
- Algemene onderneming van bouwwerken, alle werkzaamheden aan gebouwen, omvattende onder meer het bouwen, verbouwen, onderhouden, herstellen, renoveren en slopen van huizen, appartementen en alle andere soorten gebouwen.
- Alle fabricatie van alle soorten meubelen, fabricatie en plaatsing van ingemaakte meubelen, aan- en verkoop alsmede plaatsing van keukeninstallaties en bijhorigheden. Handel, verkoop, in- en uitvoer van alle grondstoffen en afgewerkte producten hiermede verwant.
- Alle aannemingen van bouwwerken, grondwerken, metsel- en betonwerken, betonbouw, isolatie- en voegwerken, alle aannemingen van afbraak en/of veranderingswerken aan gebouwen, alsmede alle herstellingen en renovaties van gebouwen.
- Handel drijven in alle mogelijke grondstoffen en materialen waaruit en waarmee gebouwen worden opgericht, uitgerust en afgewerkt.
- Investeren in roerende en onroerende goederen, zowel in bloot eigendom, tijdelijk vruchtgebruik of volle eigendom in het kader van de exploitatie of/en als belegging.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46503C0779/00L003 | Flanders | 1,726 m² | 1 · 419 m² | 7.7 m |