PRECITOOL - FENWICK
ActivePRECITOOL - FENWICK has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.70M and a net result of €218k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 81% of 7921 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-14
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 4.83 against 4.63 in 2024), and 22.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
77.2%
Return on assets
9.9%
Age of the figures
14 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-11-2025, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
79 d early
2023
79 d early
2022
70 d early
2021
61 d early
2020
55 d early
2019
25 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.70M▲ 0.8%
2024 · €1.68M
2019: €2.12M
2020: €1.64M
2021: €1.63M
2022: €1.71M
2023: €1.67M
2024: €1.68M
2019 → 2025
Total assets
€2.19M▼ 10.7%
2024 · €2.46M
2019: €3.47M
2020: €3.20M
2021: €4.39M
2022: €6.06M
2023: €4.92M
2024: €2.46M
2019 → 2025
Net result
€218k▼ 16.5%
2024 · €261k
2019: €379k
2020: €184k
2021: €404k
2022: €838k
2023: €435k
2024: €261k
2019 → 2025
Working capital
€1.71M▼ 9.6%
2024 · €1.90M
2019: €2.22M
2020: €2.08M
2021: €1.89M
2022: €3.25M
2023: €2.56M
2024: €1.90M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.63M-€1.71M▲ 4.9%€1.67M▼ 2.5%€1.68M▲ 0.7%€1.70M▲ 0.8%
Operating result€607k-€1.27M▲ 110%€669k▼ 47.5%€428k▼ 36.0%€312k▼ 27.2%
Net result€404k-€838k▲ 107%€435k▼ 48.1%€261k▼ 39.9%€218k▼ 16.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 27% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.19M
Fixed assets
€32k▼ 13.1%
Current assets
€2.16M▼ 10.7%
Equity and liabilities €2.19M
Equity
€1.70M▲ 0.8%
Debt
€499k▼ 35.6%
The debt ratio falls from 31.6% to 22.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€318k▼
2024 · €432k
Cash flow
€224k▼
2024 · €265k
Solvency
77.2%▲
2024 · 68.4%
Current ratio
4.83▲
2024 · 4.63
Quick ratio
4.38▲
2024 · 4.21
Debt / equity
0.29▼
2024 · 0.46
ROE
12.9%▼
2024 · 15.5%
ROA
9.9%▼
2024 · 10.6%
Interest coverage
4.72▲
2024 · 3.36
Debt
€499k▼
2024 · €776k
Debt ≤ 1 year
€448k▼
2024 · €523k
Income taxes
€57k▼
2024 · €65k
Staff costs
€316k▼
2024 · €443k
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€2.46M€2.19M▼
Fixed assets21/28€37k€32k▼
Tangible fixed assets22/27€8k€3k▼
Furniture and vehicles24€8k€3k▼
Financial fixed assets28€28k€28k=
Current assets29/58€2.42M€2.16M▼
Stocks and contracts in progress3€217k€200k▼
Stocks30/36€217k€200k▼
Amounts receivable within one year40/41€768k€257k▼
Trade receivables40€643k€235k▼
Other amounts receivable41€125k€22k▼
Current investments50/53€500k€500k=
Cash at bank and in hand54/58€916k€1.17M▲
Deferred charges and accrued income490/1€20k€36k▲
Equity and liabilities
Total equity and liabilities10/49€2.46M€2.19M▼
Equity10/15€1.68M€1.70M▲
Contributions10/11€1.40M€1.40M=
Capital10€1.40M€1.40M=
Issued capital100€1.40M€1.40M=
Reserves13€140k€140k=
Non-distributable reserves130/1€140k€140k=
Legal reserve130€140k€140k=
Profit (loss) carried forward14€141k€155k▲
Amounts payable17/49€776k€499k▼
Amounts payable within one year42/48€523k€448k▼
Trade debts44€75k€116k▲
Suppliers440/4€75k€116k▲
Taxes, remuneration and social security45€146k€135k▼
Taxes450/3€23k€35k▲
Remuneration and social security454/9€123k€100k▼
Other amounts payable47/48€303k€196k▼
Accrued charges and deferred income492/3€253k€52k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€6k▲
Remuneration, social security and pensions62€443k€316k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14k€4k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€891k€640k▼
Operating profit (loss)9901€428k€312k▼
Financial income75/76B€27k€31k▲
Recurring financial income75€27k€31k▲
Financial charges65/66B€129k€67k▼
Recurring financial charges65€129k€67k▼
Profit (loss) for the period before taxes9903€327k€276k▼
Income taxes67/77€65k€57k▼
Profit (loss) for the period9904€261k€218k▼
Profit (loss) for the period to be appropriated9905€261k€218k▼
Appropriation of the result
Profit (loss) to be appropriated9906€391k€359k▼
Profit (loss) brought forward from the previous period14P€129k€141k▲
Profit to be distributed694/7€249k€204k▼
Return on contributions (dividend)694€235k€196k▼
Other beneficiaries697€14k€8k▼
Social balance
Average headcount (FTE)90875.84.2▼
The notes to these accounts (15 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
2025
12-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 4.63
Current ratio from 2.10 to 4.63; short-term debt falls from €2.32M to €523k.
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €838k ▲107%
Operating result €1.27M, net result €838k, both a record.
2021
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €184k ▼51.5%
Net result drops to €184k, the lowest in the series; recovery starts the following year.
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
23-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Kontich · 1 establishment unit since 1981
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.
Singel 52550 KontichGround area
1.5 ha
Building footprint
7,037 m²
Volume, LiDAR
60,536 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Singel 6, 2550 Kontich
since 19812.018.137.161
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602E0053/00K000 | Flanders | 1.2 ha | 1 · 6,360 m² | 11.6 m · 3 fl. |
| 11602E0053/00E000 | Flanders | 2,688 m² | 1 · 677 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 3,018 EUR awarded · 3,018 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,370 EUR | 2,370 EUR |
| 2022 | 1 | 648 EUR | 648 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
8945009EKPMGZOLLRL81
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Of 824 companies in sector 46620 we hold annual accounts for 639. 480 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-11-1980
Fiscal year end30-06
Activities, NACEBEL
46620Wholesale of machine tools
46649Wholesale of other machinery and equipment
51872
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.