PRECISE DRAFTING
Bankruptcy closed1 interim measureInactive since 16-04-2026; last annual accounts for fiscal year 2018.
Summary
PRECISE DRAFTING was declared bankrupt on 04-10-2022 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 14-04-2026, published in the Belgian State Gazette on 21-04-2026.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2018 was due by 31-10-2018 and was filed on 18-09-2018, 43 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2018, micro schema
Turnover
€15,935▼ 45.4%
2017 · €29,195
EBIT margin
-16.5%▼ 20.8pp
2017 · 4.3%
Net result
-€2,704
2017 · €1,209
Working capital
€4,104▼ 54.7%
2017 · €9,062
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20142015201620172018
Turnover€4,854-€6,111▲ 25.9%€17,908▲ 193%€29,195▲ 63.0%€15,935▼ 45.4%
Operating result-€8,972-€587€2,841▲ 384%€1,262▼ 55.6%-€2,627
Net result-€9,034-€429€2,753▲ 542%€1,209▼ 56.1%-€2,704
EBIT margin-184.9%-9.6%▲ 194.5pp15.9%▲ 6.3pp4.3%▼ 11.5pp-16.5%▼ 20.8pp
Equity€4,704-€5,133▲ 9.1%€7,886▲ 53.6%€9,095▲ 15.3%€6,390▼ 29.7%
Total assets€4,985-€5,794▲ 16.2%€10,488▲ 81.0%€12,249▲ 16.8%€7,718▼ 37.0%
Debt€281-€662▲ 135%€2,602▲ 293%€3,154▲ 21.2%€1,328▼ 57.9%
Working capital€2,479-€3,935▲ 58.7%€7,690▲ 95.4%€9,062▲ 17.8%€4,104▼ 54.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2018: a loss of €2,627 after €1,262 in 2017.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €7,710
Fixed assets
€2,279 ▲ 9,017%
Current assets
€5,431 ▼ 55.5%
Equity and liabilities €7,718
Equity
€6,390 ▼ 29.7%
Debt
€1,328 ▼ 57.9%
Debt's share of the balance-sheet total falls from 25.8% to 17.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,947▼
2017 · €1,426
Cash flow
-€2,025▼
2017 · €1,372
Current ratio
4.09▲
2017 · 3.87
ROE
-42.3%▼
2017 · 13.3%
ROA
-35.0%▼
2017 · 9.9%
Debt ≤ 1 year
€1,328▼
2017 · €3,154
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4,854 | €6,111 | €17,908 | €29,195 | €15,935 | ▼ 45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,027 | €1,027 | €1,027 | €164 | €679 | ▲ 315% |
| Gross operating margin9900 | -€7,945 | €1,614 | €4,215 | €1,774 | -€1,600 | ▼ 190% |
| Operating profit (loss)9901 | -€8,972 | €587 | €2,841 | €1,262 | -€2,627 | ▼ 308% |
| Recurring financial income75 | - | €0 | €1 | - | €1 | - |
| Recurring financial charges65 | €61 | €158 | €89 | €54 | €78 | ▲ 45.2% |
| Profit (loss) for the period before taxes9903 | -€9,034 | €429 | €2,753 | €1,209 | -€2,704 | ▼ 324% |
| Profit (loss) for the period9904 | -€9,034 | €429 | €2,753 | €1,209 | -€2,704 | ▼ 324% |
| Profit (loss) for the period to be appropriated9905 | -€9,034 | €429 | €2,753 | €1,209 | -€2,704 | ▼ 324% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,985 | €5,794 | €10,488 | €12,249 | €7,718 | ▼ 37.0% |
| Formation expenses20 | €390 | €210 | €30 | €8 | €8 | = |
| Fixed assets21/28 | €2,225 | €1,198 | €196 | €25 | €2,279 | ▲ 9,017% |
| Tangible fixed assets22/27 | €1,835 | €988 | €141 | - | €2,254 | - |
| Financial fixed assets28 | - | - | €25 | €25 | €25 | = |
| Current assets29/58 | €2,760 | €4,596 | €10,292 | €12,216 | €5,431 | ▼ 55.5% |
| Amounts receivable within one year40/41 | €413 | €2,850 | €420 | €2,483 | €88 | ▼ 96.4% |
| Cash at bank and in hand54/58 | €2,347 | €1,746 | €7,142 | €6,723 | €5,343 | ▼ 20.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,985 | €5,794 | €10,488 | €12,249 | €7,718 | ▼ 37.0% |
| Equity10/15 | €4,704 | €5,133 | €7,886 | €9,095 | €6,390 | ▼ 29.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€13,896 | -€13,467 | -€10,714 | -€9,505 | -€12,210 | ▼ 28.4% |
| Amounts payable17/49 | €281 | €662 | €2,602 | €3,154 | €1,328 | ▼ 57.9% |
| Amounts payable within one year42/48 | €281 | €662 | €2,602 | €3,154 | €1,328 | ▼ 57.9% |
| Trade debts44 | €42 | €308 | €809 | - | €14 | - |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,034 | €429 | €2,753 | €1,209 | -€2,704 | ▼ 324% |
| + Depreciation and write-downs630 | €1,027 | €1,027 | €1,027 | €164 | €679 | ▲ 315% |
| Operating cash flow (approximation) | -€8,007 | €1,456 | €3,780 | €1,372 | -€2,025 | ▼ 248% |
| Investment in fixed assets (approximation) | - | €0 | -€25 | €8 | -€2,933 | ▼ 39,212% |
| Change in cash | - | -€601 | €5,396 | -€419 | -€1,380 | ▼ 229% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
21-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 14-04-2026
2022
08-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 04-10-2022
07-07
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
31-03
Financial
Highest result since 2014net €2,753 ▲542%
Operating result €2,841, net result €2,753, both a record.
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
31-03
Financial
Back to profitnet €429
Net result €429 after one loss-making year.
2014
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
30-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Gent
Ground area
208 m²
Parcel 44804D3652/00T006, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D3652/00T006 | Flanders | 208 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MATTHIAS GESQUIERE RIJSENBERGSTRAAT 148,
9000 GENT |
04-10-2022 → 14-04-2026 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-06-2011
Fiscal year end31-03
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.