PREPARATION TECHNIQUE
ActiveSummary
PREPARATION TECHNIQUE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €348k and a net result of €66k. Equity is growing by ~83.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-14
Solvency63▼-7
Growth85=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.82 in 2024; short-term debt: 60% and cash: 2.7% of total assets), but 62% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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
38%
Return on assets
7.2%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
28 d late
2023
30 d late
2022
35 d early
2021
19 d early
2020
2 d early
2019
8 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
Turnover
€1.88M▲ 59.8%
2021 · €1.18M
2018: €628k
2019: €631k
2020: €732k
2021: €1.18M
2018 → 2022
EBIT margin
2.0%▼ 1.8pp
2021 · 3.8%
2018: 1.6%
2019: -7.0%
2020: 2.3%
2021: 3.8%
2018 → 2022
Net result
€66k▼ 47.6%
2024 · €126k
2018: €3k
2019: €-48k
2020: €14k
2021: €29k
2022: €24k
2023: €105k
2024: €126k
2018 → 2025
Working capital
€329k▲ 16.1%
2024 · €283k
2018: €64k
2019: €4k
2020: €14k
2021: €38k
2022: €81k
2023: €172k
2024: €283k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.18M-€1.88M▲ 59.8%
Equity€47k-€71k▲ 50.9%€176k▲ 147%€302k▲ 71.5%€348k▲ 15.2%
Operating result€44k-€37k▼ 15.6%€148k▲ 294%€193k▲ 30.3%€103k▼ 46.4%
Net result€29k-€24k▼ 18.1%€105k▲ 334%€126k▲ 20.2%€66k▼ 47.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €915k
Fixed assets
€37k ▼ 21.7%
Current assets
€878k ▲ 40.1%
Equity and liabilities €915k
Equity
€348k ▲ 15.2%
Debt
€567k ▲ 52.5%
Debt's share of the balance-sheet total rises from 55.2% to 62.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€113k▼
2024 · €200k
Cash flow
€76k▼
2024 · €133k
Current ratio
1.60▼
2024 · 1.82
Quick ratio
1.44▼
2024 · 1.75
Debt to equity
1.63▲
2024 · 1.23
ROE
19.0%▼
2024 · 41.7%
ROA
7.2%▼
2024 · 18.7%
Interest coverage
26.74▼
2024 · 28.31
Debt ≤ 1 year
€549k▲
2024 · €343k
Debt > 1 year
€18k▼
2024 · €28k
Income taxes
€34k▼
2024 · €67k
Staff costs
€2k▲
2024 · €2k
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 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€673k€915k▲
Fixed assets21/28€47k€37k▼
Tangible fixed assets22/27€47k€36k▼
Furniture and vehicles24€47k€36k▼
Financial fixed assets28€340€340=
Current assets29/58€626k€878k▲
Stocks and contracts in progress3€26k€87k▲
Stocks30/36€26k€87k▲
Amounts receivable within one year40/41€590k€765k▲
Trade receivables40€551k€664k▲
Other amounts receivable41€39k€101k▲
Cash at bank and in hand54/58€6k€25k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€673k€915k▲
Equity10/15€302k€348k▲
Contributions10/11€19k€19k=
Reserves13€128k€193k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€126k€192k▲
Profit (loss) carried forward14€155k€136k▼
Amounts payable17/49€372k€567k▲
Amounts payable after more than one year17€28k€18k▼
Financial debts170/4€28k€18k▼
Amounts payable within one year42/48€343k€549k▲
Current portion of amounts payable after more than one year42€10k€11k▲
Financial debts43€15k€28k▲
Credit institutions430/8€15k€28k▲
Trade debts44€212k€428k▲
Suppliers440/4€212k€428k▲
Advances received on contracts in progress46€7k€7k=
Taxes, remuneration and social security45€52k€55k▲
Taxes450/3€52k€55k▲
Remuneration and social security454/9€188-
Other amounts payable47/48€46k€20k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k-
Other operating charges640/8€7k€6k▼
Gross operating margin9900€211k€121k▼
Operating profit (loss)9901€193k€103k▼
Financial income75/76B€7k€401▼
Recurring financial income75€7k€401▼
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€193k€99k▼
Income taxes67/77€67k€34k▼
Profit (loss) for the period9904€126k€66k▼
Profit (loss) for the period to be appropriated9905€126k€66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€281k€221k▼
Profit (loss) brought forward from the previous period14P€155k€155k=
Transfer to equity691/2€126k€66k▼
To other reserves6921€126k€66k▼
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
The notes to these accounts (8 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €126k ▲20.2%
Operating result €193k, net result €126k, both a record.
31-12
Financial
Equity above €200kEq €302k ▲71.5%
5 profitable years in a row build equity to €302k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €150kEq €176k ▲147%
4 profitable years in a row build equity to €176k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-48k ▼1651%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
Show earlier events
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, La Louvière · 1 establishment unit since 2002
Ground area
859 m²
Building footprint
179 m²
Volume, LiDAR
985 m³
Parcel 56033A0502/00M003, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Hautes Fontaines(PIE) 13 A, 7100 La Louvière
since 20022.099.040.309
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56033A0502/00M003 | Wallonia | 859 m² | 1 · 178 m² | 8.2 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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesPREPARATION TECHNIQUE scrl43545
Similar companies · same sector, comparable size
MEMCO
BE 0537.786.806
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MTN COMPANY
BE 0685.430.704
Jette · Eq €347,021
A2Z RENOVATIE
BE 0463.779.764
Zedelgem · Eq €348,814
ANTHONY VAN DOORNE
BE 0894.289.223
Damme · Eq €348,954
WEDAM
BE 0461.268.157
Geel · Eq €348,965
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,188 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
Founded12-04-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43120Site preparation
43211General electrical installation work
43230Insulation installation
43240Other construction installation
43421Specialised construction activities
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.