Prax Terminals Belgium
The computed 12-month bankruptcy probability of Prax Terminals Belgium is 6.1% (elevated). The 2025 annual accounts show negative equity (€-78k) and a net result of €-371k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 47 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-78k |
| Net result | €-371k |
| Staff (FTE) | 4 |
| Better than sector | 15% |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
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 →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -8.9% | 28.6% | |
| Net result | €-371k | €25k | |
| Equity | €-78k | €152k | |
| Gross operating margin | €257k | €140k | |
| Total assets | €872k | €645k |
Show 10 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-111k |
| Net profit | €-371k |
| Cash flow | €-143k |
| Staff costs | €114k |
| Income taxes | €13k |
| Dividends | - |
| Total assets | €872k |
| Equity | €-78k |
| Debt | €950k |
| of which ≤ 1y | €932k |
| of which > 1y | - |
| Working capital | €-760k |
| Employees (FTE) | 4.0 |
| 2025 | |
|---|---|
| Current ratio | 0.19 |
| Quick ratio | 0.19 |
| Working capital ratio | -87.1% |
| Solvency | -8.9% |
| Debt / equity | -12.22 |
| Long-term debt ratio | - |
| Interest coverage | -5.78 |
| Gross margin | - |
| Net margin | - |
| ROA | -42.5% |
| ROE | 476.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €872k |
| Fixed assets | 21/28 | €700k |
| Intangible fixed assets | 21 | €38k |
| Tangible fixed assets | 22/27 | €662k |
| Current assets | 29/58 | €172k |
| Amounts receivable within one year | 40/41 | €54k |
| Cash & bank | 54/58 | €118k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €872k |
| Equity | 10/15 | €-78k |
| Contributions / capital | 10/11 | €200k |
| Accumulated profits (losses) | 14 | €-278k |
| Amounts payable | 17/49 | €950k |
| Amounts payable within one year | 42/48 | €932k |
| Trade debts payable within one year | 44 | €65k |
| Income statement | ||
| Gross operating margin | 9900 | €257k |
| Operating result | 9901 | €-339k |
| Financial charges | 65 | €19k |
| Result before taxes | 9903 | €-358k |
| Income taxes | 67/77 | €13k |
| Net result for the period | 9904 | €-371k |
| Result to be appropriated | 9905 | €-371k |
-
Current24-07-2025 → present
Former directors (2)
-
Former15-06-2022 → 24-07-2025
2 events
- 24-07-2025 Resigned· Director
- 15-06-2022 Appointed· Director
-
Former- → 15-06-2022
| NACE primary | Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw(77320) |
| Legal form | Private limited company(610) |
| Incorporation | 06-11-2019 |
| 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. |
| 31812V0147/00A000 | Flanders | 2,759 m² | 1 · 2,495 m² | 24.7 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
27-03-2026 5 directors appointed
- Danny De Jonge, Commissaris
- Jan Bogaert, Delegé
- Stephanie De Smet, Delegé
- Delphine Drumont, Delegé
- Marcos Lamin-Busschots, Delegé
Technical details
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}13-08-2025 1 director appointed, 1 resigning
- Nicholas John Pike, Bestuurder
- Winston Sanjeevkumar Soosaipillai, Bestuurder
Technical details
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}12-03-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"summary_narrative": "De notari\u00EBle akte van 9 januari 2025, opgesteld door notaris Charles HUYLEBROUCK, bevat de resoluties van de buitengewone algemene vergadering van Prax Terminals Belgium. De vergadering heeft, tot eenanimit\u00E9, besloten de statuten van de vennootschap in het Frans te vertalen, zonder de essenti\u00EBle elementen te wijzigen. De akte is neergelegd op 10 maart 2025 en gepubliceerd in de Bijlagen bij het Belgisch Staatsblad op 12 maart 2025.",
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}25-02-2025 Registered office moved from Brasschaat to Vorst
- Ruiterijschool 6, 2930 Brasschaat → Van Volxemlaan 302-304, 1190 Vorst
Technical details
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}14-02-2025 Articles of association amended
Technical details
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}21-06-2022 1 director appointed, 1 resigning
- SOOSAIPILLAI Winston Sanjeevkumar, Bestuurder
- BORNEO Don Camillo Emilio, Bestuurder
Technical details
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}08-11-2019 Incorporation of a new BV
Technical details
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}| Legal nameFR | Prax Terminals Belgium |