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PRECISE DRAFTING

Bankruptcy closed1 interim measure Private limited company (pre-2019)KBO/BCE: BE 0837.090.303
PRECISE DRAFTING
Follow Report

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €29,195 (2017)
€15,935▼ 45.4%
lowest -€9,034 (2014)
-€2,704▼ €3,913
peak €9,095 (2017)
€6,390▼ 29.7%
€1,328▼ 57.9%
Board4 names since 2018
- 
Documentsfilings and deeds
18-09-201843 days before the deadline
2018micro format
Turnover from €29,195 to €15,935Gross margin from €1,774 to -€1,600Loss of €2,704Equity from €9,095 to €6,390Debts from €3,154 to €1,328Investments €2,933

Key points

from the 2018 annual accounts, the last ones filed

Payment terms

2 days from customers
Customers
31 to 2

Customers pay 29 days earlier.

Filings

6 annual accounts since 2013
deadline201420162018

The last five annual accounts were filed 32 to 132 days before the end of the period.

Board and ownership

Manager
  • 100 sharesdeed of 26-11-2020
Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Ghent, Ghent division · judgment of 14-04-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Ghent, Ghent division · judgment of 04-10-2022 · Bankruptcy
Provisional administrator Enterprise Court of Ghent · Sien Vermeesch · Interim measure
Registered office moved within Ghent Transfer of 100 shares from to · New registered office: Ossenstraat 2, 9000 Gent · Previous registered office: DENDERMONDSESTEENWEG 241, 9040 GENT · General meeting of 09-11-2020 · Gazette deed
All 16 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 04-10-2022
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Financial year end
31 March
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-03-2018

€15,935▼ 45.4%
€2,704
€6,390▼ 29.7%
€7,718▼ 37.0%
Filing
Filed on 18-09-2018
Financials

Insights on PRECISE DRAFTING

PRECISE DRAFTING reached its highest turnover since 2013 in 2017: €29,195. A year later it was €15,935.

Equity fell from €9,095 in 2017 to €6,390 in 2018.

On 4 October 2022 the court declared PRECISE DRAFTING bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2018

micro format, filed on 18-09-2018, 43 days before the deadline
€15,935
▼ 45.4%
-€2,627
▼ €3,889
-€1,947
▼ €3,373
-€2,025
▼ €3,397
82.8%
▲ 8.6 percentage points
4.09
▲ 0.22

Money flows

of every €100 of turnover, €16.97 was lost in 2018

Balance sheet

balance sheet total €7,718 on 31-03-2018
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend201820172016201520142013
Balance sheet: assets
20/58 7,71812,24910,4885,7944,9857,783
20 8830210390570
21/28 2,279251961,1982,2253,252
22/27 2,254-1419881,8352,682
23 2,254-1419881,8352,682
28 252525---
29/58 5,43112,21610,2924,5962,7604,531
40/41 882,4834202,8504132,132
40 -205-2,403-570
41 882,2794204474131,562
54/58 5,3436,7237,1421,7462,3472,399
490/1 -3,0102,730---
Balance sheet: equity and liabilities
10/49 7,71812,24910,4885,7944,9857,783
10/15 6,3909,0957,8865,1334,7047,638
10/11 18,60018,60018,60018,60018,60012,500
100 18,60018,60018,60018,60018,60018,600
101 -----6,100
14 -12,210-9,505-10,714-13,467-13,896-4,862
17/49 1,3283,1542,602662281145
42/48 1,3283,1542,602662281145
44 14-80930842119
440/4 14-80930842119
45 1,2452,3481,79335423926
450/3 1,2452,3461,29335423926
454/9 -2500---
47/48 68807----
Income statement
70 15,93529,19517,9086,1114,8543,255
9900 -1,6001,7744,2151,614-7,945-2,830
60/61 17,71527,57213,7304,67712,9496,209
630 6791641,0271,0271,0271,883
640/8 348348348---
9901 -2,6271,2622,841587-8,972-4,713
75/76B 1-10-0
75 1-10-0
65/66B 78548915861150
65 78548915861150
9903 -2,7041,2092,753429-9,034-4,862
9904 -2,7041,2092,753429-9,034-4,862
9905 -2,7041,2092,753429-9,034-4,862
Appropriation of the result
9906 -12,210-9,505-10,714-13,467-13,896-4,862
Document PDFPDFPDFPDFPDFPDF

Source: Annual accounts 2018 (PDF), filed on 18-09-2018.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2018 micro format 18-09-2018 2018-63900221 PDF
31-03-2017 micro format 21-06-2017 2017-20600527 PDF
31-03-2016 abbreviated format 18-08-2016 2016-44900326 PDF
31-03-2015 abbreviated format 29-09-2015 2015-62000417 PDF
31-03-2014 abbreviated format 29-09-2014 2014-62500360 PDF
31-03-2013 abbreviated format 30-10-2013 2013-65000056 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend201820172016201520142013
-1,9471,4263,8681,614-7,945-2,830
-2,0251,3723,7801,456-8,007-2,980
2,9332320518004,565
-1,380-4195,396-601-52-
4,1049,0627,6903,9352,4794,385
-16.5%4.3%15.9%9.6%--
82.8%74.2%75.2%88.6%-98.1%
4.093.873.966.95-31.18
0.210.350.330.13-0.02
-42.3%13.3%34.9%8.4%--63.7%
-35.0%9.9%26.3%7.4%--62.5%
2 days3 days9 days144 days31 days64 days
0 days-22 days24 days1 day7 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on PRECISE DRAFTING

The operating result for 2018 is a loss of €2,627, after a profit of €1,262 in 2017. It is the lowest result since 2014.

Debt's share of the balance-sheet total falls from 25.8% to 17.2%. Equity and debt are lower.

Board & ownership

Insolvency mandates

2 mandates
Matthias Gesquiere
Curator, Rijsenbergstraat 148, 9000 Gent
from 04-10-2022 to 14-04-2026
Also on 92 other cases
Sien Vermeesch
Interim administrator
since 07-07-2022
Also on 60 other cases

Last board

1 director, last change in 2020
Manager (not named in the articles)
appointed by deed of 26-11-2020

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Manager (not named in the articles)

Manager (not named in the articles)

Manager

Manager
BoardEarliermandate already running before its first mentionBankruptcy 04-10-2022
Mandates as a list
    • Manager (not named in the articles), appointed by deed of 26-11-2020, until the bankruptcy of 04-10-2022
    • Manager (not named in the articles), appointed by deed of 13-08-2019, until 26-11-2020
    • Manager, appointed by deed of 23-01-2019, until 13-08-2019
    • Manager, until 24-12-2018

See the board, name and registered office on a given date →

Control

Shareholder
This company
PRECISE DRAFTING
Equity €6,390
Loss €2,704 in 2018

Capital

Capital
€18,600
Source
2018 annual accounts

Shareholders

Stated in the deed deed of 26-11-2020 ↗
  • 100 shares
Share transfer deed of 26-11-2020 ↗
  • to 100 shares
Stated in the deed deed of 13-08-2019 ↗
  • 100 shares
Share transfer deed of 13-08-2019 ↗
  • to 100 shares
Stated in the deed deed of 23-01-2019 ↗
  • 100 shares
Share transfer deed of 23-01-2019 ↗
  • to 100 shares

Network & group

No group

PRECISE DRAFTING has no parent and no holdings in its annual accounts. is the only director. PRECISE DRAFTING shares no director with another company.

Timeline

Timeline

16 events since 2011
2026
Bankruptcy closure (insufficient assets) Enterprise Court of Ghent, Ghent division · judgment of 14-04-2026
2022
Bankruptcy published Enterprise Court of Ghent, Ghent division · judgment of 04-10-2022
Provisional administrator Enterprise Court of Ghent · Sien Vermeesch
2020
Registered office moved within GhentTransfer of 100 shares from to · New registered office: Ossenstraat 2, 9000 Gent · Previous registered office: DENDERMONDSESTEENWEG 241, 9040 GENT · General meeting of 09-11-20207 points ▸
  • General meeting, 09-11-2020
  • Director appointment, (manager (not named in the articles))
  • Share transfer, , 100 shares
  • Director resignation, (manager (not named in the articles))
  • Registered-office move, Ossenstraat 2, 9000 Gent
  • holds 100 shares
  • Board composition, (sole manager)

Open the deed in the Belgian Official Gazette

2019
Transfer of 100 shares from to Appointment: (manager) · Resignation: (manager) · holds 100 shares · General meeting of 16-07-20196 points ▸
  • General meeting, 16-07-2019
  • Director appointment, (manager (not named in the articles))
  • Director resignation, (manager (not named in the articles))
  • Share transfer, , 100 shares
  • holds 100 shares
  • Board composition, (sole manager)

Open the deed in the Belgian Official Gazette

Registered office moved to GhentTransfer of 100 shares from to · New registered office: Dendermondsesteenweg 241 te 9040 Gent · Resignation: (manager) · General meeting of 24-12-20188 points ▸
  • General meeting, 24-12-2018
  • Director resignation, (manager)
  • Director discharge,
  • Director appointment, (manager)
  • Share transfer, , 100 shares
  • Registered-office move, Dendermondsesteenweg 241 te 9040 Gent
  • is a shareholder
  • holds 100 shares

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2018 filed PDFmicro format · 43 days before the deadline
2017
Annual accounts 2017 filed PDFmicro format · 132 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 74 days before the deadline
Highest result from 2013 to 2018 net €2,753 ▲542% The operating result of €2,841 and the net result of €2,753 are both a record.
2015
Annual accounts 2015 filed PDFabbreviated format · 32 days before the deadline
Back to profit net €429 The net result is €429, after 2 loss-making years.
2014
Annual accounts 2014 filed PDFabbreviated format · 32 days before the deadline
Weakest financial year net -€9,034 The net result drops to -€9,034, the lowest from 2013 to 2018.
2013
Annual accounts 2013 filed PDFabbreviated format · 1 day before the deadline
2011
Incorporation PDF5 publications in the Belgian Official Gazette, the last on 26-11-2020 · published on 22-06-2011

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

The registered office was moved to Ghent in 2019.1 Turnover grew from €4,854 in 2014 to €15,935 in 2018.2 The bankruptcy of PRECISE DRAFTING was declared on 4 October 2022 and closed on 14 April 2026.34

  1. 1Belgian Official Gazette, 23-01-2019
  2. 2National Bank, annual accounts 2014 and 2018
  3. 3Belgian Official Gazette, 08-11-2022
  4. 4Belgian Official Gazette, 21-04-2026

Company details

Buildings and parcels at the address

Ground area
208 m²
Inactive

Inactive since April 2026

PRECISE DRAFTING has not been in the KBO register since 16 April 2026.

Status
Inactiveout of the register since 16 April 2026
Reason
Bankruptcy opened
Last annual accounts
financial year to 31 March 2018
Last registered office
Dendermondsesteenweg 241, 9040 Sint-Amandsbergas published on 26 November 2020
Legal form
Private limited company (pre-2019)
Active since
20 June 2011
Official KBO record

Location

exact location from the address register On OpenStreetMap

Parcels

Cadastral parcelArea Buildings Height / floors
44804D3652/00T006208 m² - -

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