PRENGELS-REZNOR
ActivePRENGELS-REZNOR has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €141k and a net result of €-84k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 74% of 76 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-70
Solvency85▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 2.54 in 2023; short-term debt: 35.4% and cash: 18% of total assets), and 39.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 30
Relative position
BE, all sectors
reference
Sector 30
higher
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
60.2%
Return on assets
-35.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
28 d late
2022
24 d late
2021
31 d early
2020
53 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€141k▼ 37.3%
2023 · €225k
2018: €131k
2019: €141k
2020: €187k
2021: €187k
2022: €220k
2023: €225k
2018 → 2024
Total assets
€234k▼ 30.6%
2023 · €337k
2018: €322k
2019: €305k
2020: €532k
2021: €428k
2022: €361k
2023: €337k
2018 → 2024
Net result
€-84k
2023 · €4k
2018: €93k
2019: €10k
2020: €201k
2021: €107k
2022: €33k
2023: €4k
2018 → 2024
Working capital
€67k▼ 51.4%
2023 · €137k
2018: €43k
2019: €211k
2020: €160k
2021: €111k
2022: €124k
2023: €137k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€187k-€187k=€220k▲ 17.9%€225k▲ 2.0%€141k▼ 37.3%
Operating result€289k-€148k▼ 48.6%€54k▼ 63.9%€9k▼ 83.9%€-85k
Net result€201k-€107k▼ 47.0%€33k▼ 68.7%€4k▼ 86.6%€-84k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €85k after €9k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €234k
Fixed assets
€84k▼ 23.8%
Current assets
€150k▼ 33.9%
Equity and liabilities €234k
Equity
€141k▼ 37.3%
Debt
€93k▼ 17.2%
The debt ratio rises from 33.3% to 39.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-58k▼
2023 · €35k
Cash flow
€-58k▼
2023 · €31k
Solvency
60.2%▼
2023 · 66.7%
Current ratio
1.81▼
2023 · 2.54
Quick ratio
1.81▼
2023 · 2.54
Debt / equity
0.66▲
2023 · 0.50
ROE
-59.5%▼
2023 · 2.0%
ROA
-35.8%▼
2023 · 1.3%
Interest coverage
-34.96▼
2023 · 17.39
Debt
€93k▼
2023 · €112k
Debt ≤ 1 year
€83k▼
2023 · €89k
Debt > 1 year
€10k▼
2023 · €23k
Income taxes
€303▼
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€337k€234k▼
Fixed assets21/28€110k€84k▼
Tangible fixed assets22/27€110k€84k▼
Land and buildings22€83k€65k▼
Plant, machinery and equipment23€12k€11k▼
Furniture and vehicles24€15k€9k▼
Current assets29/58€227k€150k▼
Amounts receivable after more than one year29€100k€100k=
Other amounts receivable291€100k€100k=
Amounts receivable within one year40/41€4k€8k▲
Trade receivables40€2k€5k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€122k€42k▼
Deferred charges and accrued income490/1€548€0▼
Equity and liabilities
Total equity and liabilities10/49€337k€234k▼
Equity10/15€225k€141k▼
Contributions10/11€1€1=
Reserves13€225k€225k=
Distributable reserves133€225k€225k=
Profit (loss) carried forward14-€-84k
Amounts payable17/49€112k€93k▼
Amounts payable after more than one year17€23k€10k▼
Financial debts170/4€23k€10k▼
Amounts payable within one year42/48€89k€83k▼
Current portion of amounts payable after more than one year42€16k€12k▼
Financial debts43€2k€4k▲
Credit institutions430/8€2k€4k▲
Trade debts44€21k€11k▼
Suppliers440/4€21k€11k▼
Advances received on contracts in progress46-€12k
Taxes, remuneration and social security45€25k€5k▼
Taxes450/3€25k€5k▼
Other amounts payable47/48€26k€38k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€26k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3k€4k▲
Gross operating margin9900€39k€-54k▼
Operating profit (loss)9901€9k€-85k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Non-recurring financial income76B€0-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€9k€-84k▼
Income taxes67/77€5k€303▼
Profit (loss) for the period9904€4k€-84k▼
Profit (loss) for the period to be appropriated9905€4k€-84k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-84k▼
Transfer to equity691/2€4k€0▼
To other reserves6921€4k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-84k ▼1975%
Net result drops to €-84k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Equity above €200kEq €220k ▲17.9%
5 profitable years in a row build equity to €220k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €201k ▲1844%
Operating result €289k, net result €201k, both a record.
31-12
Financial
Equity above €150kEq €187k ▲32.4%
3 profitable years in a row build equity to €187k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 3.52
Current ratio from 1.51 to 3.52; short-term debt falls from €84k to €84k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 143 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Gent · 1 establishment unit since 2004
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.
Dublinstraat 379000 GentGround area
4,513 m²
Building footprint
4,269 m²
Volume, LiDAR
47,939 m³
Parcel 44021A3417/00R002, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Sine Metu
since 20042.135.638.904
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3417/00R002 | Flanders | 4,513 m² | 1 · 4,269 m² | 15.7 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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BATIA MOSA GROUP
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BoBat
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Waterway Fifty Nine
BE 1005.064.312
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Société d'exploitation du LORELAY SA
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Of 48 companies in sector 30110 we hold annual accounts for 33. 20 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2004
Fiscal year end31-12
Trade name NL
Prengels Project Engineering & Management en/of Paard en Mens
Activities, NACEBEL
30110Manufacture of other transport equipment
74203
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.