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PRECISION CUTTING SYSTEMS

Active
Public limited companyfounded 1999active for 27 yearsBrandstraat 12A, 9160 Lokeren, BelgiumKBO/BCE: BE 0467.137.647
Summary

PRECISION CUTTING SYSTEMS has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €496,190 and a net result of €6,085. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 36% of 11,213 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

History

PRECISION CUTTING SYSTEMS was incorporated on 21 October 1999.1 Total assets rose from €2.6m in 2019 to €2.9m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
30-03
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
29-12
Gazette deed Algemene Vergadering
Amendment of the articles · Capital · Power of attorney6 facts ▸
  • General meeting, 23-12-2025
  • Amendment of the articles (2 times)
  • Capital, €1,900,000
  • Power of attorney, Caroline de BRUYN
  • Registered office clause, “9160 Lokeren,Brandstraat 12A, 4. Vierde besluit” (deed in Dutch)
  • Power of attorney, Titeca Accountancy (lasthebber ad hoc)
30-09
Financial Weakest financial yearnet €6,085 ▼90.3%
Net result drops to €6,085, the lowest in the series.
28-03
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
30-09
Financial Liquidity more than 24 timescurrent ratio 520.04
Current ratio from 21.23 to 520.04; short-term debt falls from €37,294 to €1,582.
30-04
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
24-04
Gazette deed Reappointments: De Munter Herman (managing director) and De Munter Christian (managing director)
2 facts ▸
  • Director reappointment, De Munter Herman (managing director)
  • Director reappointment, De Munter Christian (managing director)
31-03
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
28-03
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
30-09
Financial Liquidity more than doubledcurrent ratio 98.50
Current ratio from 39.64 to 98.50; short-term debt falls from €17,053 to €7,358.
22-04
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
30-09
Financial Equity above €200,000equity €242,701 ▲30.4%
A profit in every financial year since 2019 builds equity to €242,701.
Show earlier events
30-04
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
30-04
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
26-04
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
27-04
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 26 annual accounts filed, the latest 10 are here; all 26 are under Financials.
2 of 11 deeds read
About the unread acts

Of the 11 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.

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