PRECISION FARRIERS
ActiveSummary
PRECISION FARRIERS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-1k. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 63% of 3121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-7
Solvency73▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.48 in 2024; short-term debt: 51.6% and cash: 17.7% of total assets), and 51.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.4%
Return on assets
-5.6%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 23-07-2026, 8 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
8 d early
2024
6 d early
2023
5 d early
2022
20 d early
2021
24 d early
2020
61 d late
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 10.3%
2024 · €13k
2019: €16k
2020: €16k
2021: €12k
2022: €9k
2023: €13k
2024: €13k
2019 → 2025
Total assets
€25k▲ 7.5%
2024 · €23k
2019: €21k
2020: €26k
2021: €15k
2022: €18k
2023: €25k
2024: €23k
2019 → 2025
Net result
€-1k
2024 · €81
2019: €10k
2020: €-734
2021: €-4k
2022: €-2k
2023: €4k
2024: €81
2019 → 2025
Working capital
€6k▲ 28.3%
2024 · €4k
2019: €14k
2020: €14k
2021: €9k
2022: €3k
2023: €305
2024: €4k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€9k▼ 20.6%€13k▲ 45.8%€13k▲ 0.6%€12k▼ 10.3%
Operating result€-4k-€-6k▼ 51.6%€4k€62▼ 98.6%€-2k
Net result€-4k-€-2k▲ 43.0%€4k€81▼ 98.1%€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €62 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25k
Fixed assets
€6k ▼ 33.5%
Current assets
€19k ▲ 36.4%
Equity and liabilities €25k
Equity
€12k ▼ 10.3%
Debt
€13k ▲ 32.0%
Debt's share of the balance-sheet total rises from 42.0% to 51.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €4k
Cash flow
€2k▼
2024 · €4k
Current ratio
1.44▼
2024 · 1.48
Debt to equity
1.07▲
2024 · 0.72
ROE
-11.5%▼
2024 · 0.6%
ROA
-5.6%▼
2024 · 0.3%
Interest coverage
15.93▼
2024 · 32.90
Debt ≤ 1 year
€13k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€23k€25k▲
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€14k€19k▲
Amounts receivable within one year40/41€8k€13k▲
Trade receivables40€7k€13k▲
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€5k€4k▼
Deferred charges and accrued income490/1€748€697▼
Equity and liabilities
Total equity and liabilities10/49€23k€25k▲
Equity10/15€13k€12k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€7k€6k▼
Amounts payable17/49€10k€13k▲
Amounts payable within one year42/48€9k€13k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45-€472
Taxes450/3-€472
Other amounts payable47/48€7k€8k▲
Accrued charges and deferred income492/3€574€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€485€0▼
Other operating charges640/8€1k€807▼
Gross operating margin9900€5k€2k▼
Operating profit (loss)9901€62€-2k▼
Financial income75/76B€125€372▲
Recurring financial income75€125€372▲
Financial charges65/66B€107€97▼
Recurring financial charges65€107€97▼
Profit (loss) for the period before taxes9903€81€-1k▼
Profit (loss) for the period9904€81€-1k▼
Profit (loss) for the period to be appropriated9905€81€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€6k▼
Profit (loss) brought forward from the previous period14P€7k€7k▲
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Essen · 1 establishment unit since 2018
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.
Greefstraat 12910 EssenGround area
1,470 m²
Building footprint
290 m²
Volume, LiDAR
1,554 m³
Parcel 11642C0719/00B000, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Greefstraat 1, 2910 Essen
since 20182.277.338.284
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642C0719/00B000 | Flanders | 1,470 m² | 1 · 290 m² | 12.8 m · 2 fl. |
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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CARLI HOEFSMEDERIJ
BE 0898.258.206
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ARDOMEY
BE 0465.275.247
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BA LOON- EN LANDBOUWWERKEN
BE 0763.639.329
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La Ferme du Tige
BE 0449.920.444
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Of 1,581 companies in sector 01620 we hold annual accounts for 218. 107 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
01620Support activities for animal production
25401Forging of metal
25510Coating of metals
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.precisionfarriers.be
E-mail:info@precisionfarriers.be