Precision for Medicine (BEL)
The computed 12-month bankruptcy probability of Precision for Medicine (BEL) is 3.4% (moderate). The 2024 annual accounts show negative equity (€-754k) and a net result of €-194k. Equity is shrinking by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 174 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-754k |
| Net result | €-194k |
| Staff (FTE) | 3.9 |
| Better than sector | 5% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -327.8% | 55.0% | |
| Net result | €-194k | €16k | |
| Equity | €-754k | €70k | |
| Gross operating margin | €258k | €41k | |
| Staff costs | €461k | €58k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-203k |
| Net profit | €-194k |
| Cash flow | €-190k |
| Staff costs | €461k |
| Income taxes | - |
| Dividends | - |
| Total assets | €230k |
| Equity | €-754k |
| Debt | €983k |
| of which ≤ 1y | €983k |
| of which > 1y | - |
| Working capital | €-758k |
| Employees (FTE) | 3.9 |
| 2024 | |
|---|---|
| Current ratio | 0.23 |
| Quick ratio | 0.23 |
| Working capital ratio | -329.6% |
| Solvency | -327.8% |
| Debt / equity | -1.31 |
| Long-term debt ratio | - |
| Interest coverage | -30.68 |
| Gross margin | - |
| Net margin | - |
| ROA | -84.3% |
| ROE | 25.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €230k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €4k |
| Current assets | 29/58 | €226k |
| Amounts receivable within one year | 40/41 | €23k |
| Cash & bank | 54/58 | €200k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €230k |
| Equity | 10/15 | €-754k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-764k |
| Amounts payable | 17/49 | €983k |
| Amounts payable within one year | 42/48 | €983k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €258k |
| Operating result | 9901 | €-206k |
| Financial income | 75 | €19k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-194k |
| Net result for the period | 9904 | €-194k |
| Result to be appropriated | 9905 | €-194k |
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Current28-01-2025 → present
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Current14-02-2024 → present
-
Current29-11-2021 → present
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Current29-11-2021 → present
| NACE primary | Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied(72109) |
| Legal form | Private limited company(610) |
| Incorporation | 04-03-2021 |
| Status | Active |
| Postal code | 1210 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0112/00K002 | Brussels | 3,162 m² | 1 · 2,256 m² | 79.3 m · 19 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-05-2026 Power of attorney · Act object
- Filing: 2026-05-07 · Precision for Medicine (BEL)
- Publication: 2026-05-15 · Precision for Medicine (BEL)
- Power of attorney: date: 2026-01-27, scope: Délégation de pouvoirs, duration: durée indéterminée · Precision for Medicine (BEL)
- Power of attorney: date: 2026-01-27, scope: Procuration à des fins de publication · Precision for Medicine (BEL)
- Power of attorney: date: 2026-01-27, scope: Procuration à des fins de publication · Precision for Medicine (BEL)
- Power of attorney: date: 2026-01-27, scope: Procuration à des fins de publication · Precision for Medicine (BEL)
- Act object: Délégation de pouvoirs
Technical details
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"quote": "D\u00E9pos\u00E9 / Re\u00E7u le 07 MAI 2026 au greffe du Tribunal de r\u0027entreprise francophoneCe Barxelles",
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"quote": "Objet de l\u0027acte: D\u00E9l\u00E9gation de pouvoirs",
"value": "D\u00E9l\u00E9gation de pouvoirs",
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"attrs": {
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}12-03-2026 Change in the board of directors
Technical details
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}28-02-2025 Karl Deonanan appointed as director
- Karl Deonanan, Bestuurder
Technical details
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}28-01-2025 Registered office moved within Bruxelles
- Avenue du Port 86C, 1000 Bruxelles → Boulevard Saint-Lazare 4-10, 1210 Bruxelles
Technical details
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"effective_date": "2024-12-09",
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}30-04-2024 Stacey Hanna appointed as director
- Stacey Hanna, Bestuurder
Technical details
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}21-03-2022 Change in the board of directors
Technical details
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}03-02-2022 2 directors appointed
- Krzysztof Aleksander Mazurek, Bestuurder
- Matthew J. DeZee, Bestuurder
Technical details
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}08-03-2021 Incorporation of a new SRL
Technical details
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}| Legal nameFR | Precision for Medicine (BEL) |