PRECISION CIRCUITS (BELGIUM)
ActivePRECISION CIRCUITS (BELGIUM) has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €514k and a net result of €74k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 196 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+66
Solvency96▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.13 in 2024; short-term debt: 19.6% and cash: 38.7% of total assets), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
lower
← fewer bankruptcies
more bankruptcies →
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
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
71.5%
Return on assets
10.4%
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
20 d late
2023
23 d late
2022
on the day
2021
60 d late
2020
9 d late
2019
20 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€514k▲ 1.1%
2024 · €508k
2018: €712k
2019: €653k
2020: €629k
2021: €626k
2022: €600k
2023: €543k
2024: €508k
2018 → 2025
Total assets
€719k▲ 11.8%
2024 · €643k
2018: €1.18M
2019: €1.02M
2020: €914k
2021: €872k
2022: €901k
2023: €739k
2024: €643k
2018 → 2025
Net result
€74k
2024 · €-17k
2018: €78k
2019: €-59k
2020: €-66k
2021: €-3k
2022: €29k
2023: €-57k
2024: €-17k
2018 → 2025
Working capital
€153k▲ 2,798%
2024 · €5k
2018: €252k
2019: €200k
2020: €143k
2021: €139k
2022: €100k
2023: €37k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€626k-€600k▼ 4.1%€543k▼ 9.6%€508k▼ 6.3%€514k▲ 1.1%
Operating result€-3k-€35k€-59k€-37k▲ 37.1%€98k
Net result€-3k-€29k€-57k€-17k▲ 71.1%€74k
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 returns to profit in 2025: €98k after a loss of €37k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €719k
Fixed assets
€425k▼ 28.7%
Current assets
€294k▲ 522%
Equity and liabilities €719k
Equity
€514k▲ 1.1%
Provisions
€64k▼ 30.8%
Debt
€141k▲ 236%
The debt ratio rises from 6.5% to 19.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€126k▲
2024 · €-5k
Cash flow
€103k▲
2024 · €16k
Solvency
71.5%▼
2024 · 79.1%
Current ratio
2.09▲
2024 · 1.13
Quick ratio
2.07▲
2024 · 1.08
Debt / equity
0.27▲
2024 · 0.08
ROE
14.5%▲
2024 · -3.3%
ROA
10.4%▲
2024 · -2.6%
Interest coverage
58.45▲
2024 · -1.73
Debt
€141k▲
2024 · €42k
Debt ≤ 1 year
€141k▲
2024 · €42k
Income taxes
€50k▲
2024 · €649
Staff costs
€61k▼
2024 · €61k
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€643k€719k▲
Fixed assets21/28€596k€425k▼
Intangible fixed assets21€6k-
Tangible fixed assets22/27€589k€424k▼
Land and buildings22€587k€423k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€402€402=
Current assets29/58€47k€294k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€5k€14k▲
Trade receivables40€5k€10k▲
Other amounts receivable41€585€4k▲
Cash at bank and in hand54/58€40k€278k▲
Deferred charges and accrued income490/1-€623
Equity and liabilities
Total equity and liabilities10/49€643k€719k▲
Equity10/15€508k€514k▲
Contributions10/11€19k€19k=
Reserves13€573k€579k▲
Tax-exempt reserves132€278k€192k▼
Distributable reserves133€295k€386k▲
Profit (loss) carried forward14€-84k€-84k▲
Provisions and deferred taxes16€93k€64k▼
Deferred taxes168€93k€64k▼
Amounts payable17/49€42k€141k▲
Amounts payable within one year42/48€42k€141k▲
Current portion of amounts payable after more than one year42€23k-
Trade debts44€9k€12k▲
Suppliers440/4€9k€12k▲
Taxes, remuneration and social security45€10k€61k▲
Taxes450/3€1k€50k▲
Remuneration and social security454/9€9k€11k▲
Other amounts payable47/48-€69k
Income statement
Code20242025
Non-recurring operating income76A-€133k
Remuneration, social security and pensions62€61k€61k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€29k▼
Other operating charges640/8€6k€6k▼
Gross operating margin9900€62k€193k▲
Operating profit (loss)9901€-37k€98k▲
Financial income75/76B€56€1▼
Recurring financial income75€56€1▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-40k€96k▲
Transfer from deferred taxes780€24k€29k▲
Income taxes67/77€649€50k▲
Profit (loss) for the period9904€-17k€74k▲
Transfer from tax-exempt reserves789-€86k
Profit (loss) for the period to be appropriated9905€-17k€160k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€76k▲
Profit (loss) brought forward from the previous period14P€-67k€-84k▼
Transfer from equity791/2-€69k
Transfer to equity691/2-€160k
To other reserves6921-€160k
Profit to be distributed694/7-€69k
Return on contributions (dividend)694-€47k
Directors or managers695-€22k
The notes to these accounts (10 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 · micro schema
2025
31-12
Financial
Back to profitnet €74k
Net result €74k after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €29k
Net result €29k after 3 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2020
31-12
Financial
Weakest financial yearnet €-66k
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hoogstraten · 1 establishment unit since 1978
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.
Salm Salmstraat 922320 HoogstratenGround area
1,384 m²
Building footprint
153 m²
Parcel 13014D0060/00V000, Flanders. Linked by address, not a title deed.
1 establishment unit
Salm Salmstraat 92, 2320 Hoogstraten
since 19782.014.921.909
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014D0060/00V000 | Flanders | 1,384 m² | 1 · 153 m² | - |
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
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GIVA Audiovisual Technologies
BE 0545.837.410
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Branson CD
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@SAT
BE 0870.707.632
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Of 122 companies in sector 26300 we hold annual accounts for 97. 62 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-1978
Fiscal year end31-12
Activities, NACEBEL
26300Manufacture of computer, electronic and optical products
31621
33200Installation of industrial machinery and equipment
33300
26110Manufacture of computer, electronic and optical products
46130Agents in the wholesale of timber and building materials
46140Agents in the wholesale of industrial machinery, ships and aircraft
46500Wholesale of information and communication equipment
46510Wholesale trade
46520Wholesale trade
51840
51860
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.