PRECIRONDS
ActivePRECIRONDS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.24M and a net result of €168k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-13
Solvency100=
Growth41▼-18
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €370k at 30 days acceptable
Liquidity ample (current ratio 4.03 against 3.26 in 2024), and 25.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.2%
Return on assets
2.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
59 d early
2023
65 d early
2022
87 d early
2021
53 d early
2020
45 d early
2019
63 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€12.48M▼ 11.5%
2024 · €14.10M
2018: €17.30M
2019: €15.13M
2020: €12.22M
2021: €16.90M
2022: €21.87M
2023: €17.27M
2024: €14.10M
2018 → 2025
EBIT margin
0.1%▼ 2.3pp
2024 · 2.4%
2018: 2.4%
2019: 1.3%
2020: 2.1%
2021: 3.7%
2022: 3.2%
2023: 3.5%
2024: 2.4%
2018 → 2025
Net result
€168k▼ 53.3%
2024 · €360k
2018: €301k
2019: €155k
2020: €190k
2021: €475k
2022: €530k
2023: €535k
2024: €360k
2018 → 2025
Working capital
€3.83M▲ 7.2%
2024 · €3.57M
2018: €3.09M
2019: €3.16M
2020: €3.13M
2021: €3.21M
2022: €3.35M
2023: €3.47M
2024: €3.57M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€16.90M-€21.87M▲ 29.4%€17.27M▼ 21.0%€14.10M▼ 18.4%€12.48M▼ 11.5%
Equity€3.84M-€3.97M▲ 3.4%€4.11M▲ 3.4%€4.17M▲ 1.4%€4.24M▲ 1.6%
Operating result€617k-€697k▲ 12.9%€600k▼ 13.9%€341k▼ 43.1%€16k▼ 95.2%
Net result€475k-€530k▲ 11.6%€535k▲ 1.0%€360k▼ 32.8%€168k▼ 53.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 95% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.71M
Fixed assets
€623k▼ 1.6%
Current assets
€5.09M▼ 1.1%
Equity and liabilities €5.71M
Equity
€4.24M▲ 1.6%
Provisions
€214k▲ 537%
Debt
€1.26M▼ 20.1%
The debt ratio falls from 27.3% to 22.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€106k▼
2024 · €437k
Cash flow
€258k▼
2024 · €455k
Solvency
74.2%▲
2024 · 72.1%
Current ratio
4.03▲
2024 · 3.26
Quick ratio
2.97▲
2024 · 2.52
Debt / equity
0.30▼
2024 · 0.38
ROE
4.0%▼
2024 · 8.6%
ROA
2.9%▼
2024 · 6.2%
Interest coverage
571.11▲
2024 · 217.61
Debt
€1.26M▼
2024 · €1.58M
Debt ≤ 1 year
€1.26M▼
2024 · €1.58M
Income taxes
€17k▼
2024 · €101k
Staff costs
€757k▼
2024 · €757k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.78M€5.71M▼
Fixed assets21/28€633k€623k▼
Tangible fixed assets22/27€429k€419k▼
Land and buildings22€295k€273k▼
Plant, machinery and equipment23€69k€45k▼
Furniture and vehicles24€66k€101k▲
Financial fixed assets28€204k€204k=
Companies linked by participating interests282/3€203k€203k=
Participating interests282€203k€203k=
Other financial fixed assets284/8€759€759=
Amounts receivable and cash guarantees285/8€759€759=
Current assets29/58€5.15M€5.09M▼
Stocks and contracts in progress3€1.17M€1.35M▲
Stocks30/36€1.17M€1.35M▲
Goods purchased for resale34€1.17M€1.35M▲
Amounts receivable within one year40/41€2.25M€2.33M▲
Trade receivables40€2.25M€2.32M▲
Other amounts receivable41€45€5k▲
Current investments50/53€500k€1.17M▲
Other investments51/53€500k€1.17M▲
Cash at bank and in hand54/58€1.16M€159k▼
Deferred charges and accrued income490/1€68k€91k▲
Equity and liabilities
Total equity and liabilities10/49€5.78M€5.71M▼
Equity10/15€4.17M€4.24M▲
Contributions10/11€167k€167k=
Capital10€133k€133k=
Issued capital100€133k€133k=
Outside capital11€34k€34k=
Share premium1100/10€34k€34k=
Reserves13€313k€313k=
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Distributable reserves133€300k€300k=
Profit (loss) carried forward14€3.69M€3.76M▲
Provisions and deferred taxes16€34k€214k▲
Provisions for liabilities and charges160/5€34k€214k▲
Major repairs and maintenance162€34k€34k=
Other liabilities and charges164/5-€180k
Amounts payable17/49€1.58M€1.26M▼
Amounts payable within one year42/48€1.58M€1.26M▼
Current portion of amounts payable after more than one year42€34k-
Trade debts44€1.17M€1.09M▼
Suppliers440/4€1.17M€1.09M▼
Taxes, remuneration and social security45€72k€70k▼
Taxes450/3€2k-
Remuneration and social security454/9€70k€70k▲
Other amounts payable47/48€300k€100k▼
Income statement
Code20242025
Operating income70/76A€14.20M€12.59M▼
Turnover70€14.10M€12.48M▼
Other operating income74€99k€111k▲
Operating charges60/66A€13.85M€12.58M▼
Goods for resale, raw materials and consumables60€12.34M€10.96M▼
Purchases600/8€12.01M€11.14M▼
Change in stocks: decrease (increase)609€338k€-176k▼
Services and other goods61€576k€530k▼
Remuneration, social security and pensions62€757k€757k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€90k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-4k-
Other operating charges640/8€85k€59k▼
Non-recurring operating charges66A-€180k
Operating profit (loss)9901€341k€16k▼
Financial income75/76B€127k€175k▲
Recurring financial income75€127k€175k▲
Income from financial fixed assets750€78k€135k▲
Income from current assets751€43k€33k▼
Other financial income752/9€5k€6k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Debt charges650€2k€186▼
Other financial charges652/9€6k€6k▲
Profit (loss) for the period before taxes9903€461k€185k▼
Income taxes67/77€101k€17k▼
Taxes670/3€101k€17k▼
Profit (loss) for the period9904€360k€168k▼
Profit (loss) for the period to be appropriated9905€360k€168k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.99M€3.86M▼
Profit (loss) brought forward from the previous period14P€3.63M€3.69M▲
Profit to be distributed694/7€300k€100k▼
Return on contributions (dividend)694€300k€100k▼
Social balance
Average headcount (FTE)908713.513.0▼
The notes to these accounts (38 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €535k ▲1%
Net result €535k, the highest in the series.
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €155k ▼48.5%
Net result drops to €155k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Walcourt · 1 establishment unit since 1983
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Fourneau(Thy) 55651 WalcourtGround area
3.4 ha
Parcel 93078B0290/00Z000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Fourneau(Thy) 5, 5651 Walcourt
since 19832.023.677.940
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93078B0290/00Z000 | Wallonia | 3.4 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PRODUCT PLACEMENT CONSULTANTS INTERNATIONAL
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SLABINCK
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Smart Metal Works
BE 0464.698.987
Evergem · Eq €4.10M
JACQUET BENELUX
BE 0443.032.157
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FULL METAL SERVICES
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Braine-l'Alleud · Eq €4.60M
Of 146 companies in sector 25402 we hold annual accounts for 100. 65 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-12-1983
Fiscal year end31-12
Activities, NACEBEL
25402Manufacture of fabricated metal products, except machinery and equipment
25502Manufacture of fabricated metal products, except machinery and equipment
28402
46820Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.