Equity
Equity fell by 70% in 3 years.
Equity fell by 70% in 3 years.
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Debts rose by €211,286 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Short-term debts rose from €9,037 to €220,323.
The last five annual accounts were filed 7 to 51 days before the end of the period.
Lower net result than 91% of companies in fabricated metal products. Sector median €55,296 · 1,462 companies.
In July 2024, 5,843 companies had the same profile as PREMECAN has now. Each dot stands for 15 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,843 companies, not a prediction for PREMECAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| PREMECAN Dalhem | €417,607 | -€80,680 | 47.2% | - |
| ANBECO EUROPE Tielt | €396,306 | -€30,524 | 74.5% | - |
| BUREAU D'ETUDE CAMMARATA Braine-l'Alleud | €315,954 | €1,375 | 96.6% | - |
| ATELIER LOISEAU La Louvière | €336,398 | -€1,894 | 99.6% | - |
| BETAM-BELLICANO Hannut | €233,251 | -€4,531 | 43.2% | - |
| BTCI Ecaussinnes | €324,389 | -€10,417 | 67.0% | - |
| C.M. ENGINEERING Wielsbeke | €752,306 | -€62,660 | 0.6% | - |
These companies have the same main activity as PREMECAN: machining of metals (NACE 25530). They are comparable in size and age: total assets between €233,000 and €752,000, founded between 1990 and 2003.
PREMECAN files the abbreviated format. That format states no turnover. The gross margin fell from €39,505 in 2006 to -€80,680 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.