Prax Shipping III
The computed 12-month bankruptcy probability of Prax Shipping III is 5.6% (elevated). The 2024 annual accounts show equity of €4.25M and a net result of €-55k. Its solvency ranks better than 95% of 120 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €4.25M |
| Net result | €-55k |
| Better than sector | 95% |
| Active | 3 yrs |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 83.4% | 20.8% | |
| Net result | €-55k | €19k | |
| Equity | €4.25M | €144k | |
| Gross operating margin | €-52k | €179k | |
| Total assets | €5.09M | €997k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €-55k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €5.09M |
| Equity | €4.25M |
| Debt | €844k |
| of which ≤ 1y | €836k |
| of which > 1y | - |
| Working capital | €3.55M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 5.24 |
| Quick ratio | 5.24 |
| Working capital ratio | 69.7% |
| Solvency | 83.4% |
| Debt / equity | 0.20 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -1.1% |
| ROE | -1.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 259d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.09M |
| Fixed assets | 21/28 | €707k |
| Tangible fixed assets | 22/27 | €707k |
| Current assets | 29/58 | €4.38M |
| Amounts receivable within one year | 40/41 | €4.38M |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.09M |
| Equity | 10/15 | €4.25M |
| Contributions / capital | 10/11 | €4.30M |
| Accumulated profits (losses) | 14 | €-55k |
| Amounts payable | 17/49 | €844k |
| Amounts payable within one year | 42/48 | €836k |
| Trade debts payable within one year | 44 | €37k |
| Income statement | ||
| Gross operating margin | 9900 | €-52k |
| Operating result | 9901 | €-53k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-54k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-55k |
| Result to be appropriated | 9905 | €-55k |
-
Current05-03-2026 → present
Former directors (1)
-
Former- → 05-03-2026
| NACE primary | Diensten in verband met vervoer over water(52220) |
| Legal form | Private limited company(610) |
| Incorporation | 21-12-2022 |
| Status | Active |
| Postal code | 1190 |
Show 2 more network connections
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0063/00S009 | Brussels | 5,009 m² | 1 · 1,300 m² | 21.3 m · 4 fl. |
| 11008B0231/00G002 | Flanders | 3,097 m² | 1 · 1,162 m² | 17.6 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 6 Belgian State Gazette acts we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
27-03-2026 5 directors appointed
- Grant Thornton Réviseurs d'Entreprises SRL, Commissaris
- Jan Bogaert, Dagelijks bestuur
- Julius Vogeleer, Dagelijks bestuur
- Delphine Drumont, Dagelijks bestuur
- Marcos Lamin-Busschots, Dagelijks bestuur
Technical details
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"corrected_publication_numac": null
}24-03-2026 1 director appointed, 1 resigning
- Nicholas John Pike, Bestuurder
- Winston Sanjeevkumar Soosaipillai, Bestuurder
Technical details
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}26-05-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"should_reroute_to_category": "statutes"
}25-02-2025 Articles of association amended
Technical details
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}15-03-2024 Articles of association amended
Technical details
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}23-12-2022 Incorporation of a new BV
Technical details
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}| Legal nameFR | Prax Shipping III |