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PRESIP

Active
Private limited companyfounded 20179 yrs activeArchimedesstraat 8, 8400 Oostende, BelgiumKBO/BCE: BE 0671.643.242
Summary

The computed 12-month bankruptcy probability of PRESIP is 2.2% (moderate). The 2024 annual accounts show negative equity (-€27,228) and a net result of -€22,122. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record85
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.18; short-term debt: 17.3% of total assets), and equity is negative.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024
Solvency, return and age of the figures
Solvency
-53.2%
Return on assets
-43.2%
Age of the figures
21 mo
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 23-06-2026, 38 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
38 d early
2024
23 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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 months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PRESIP was incorporated on 20 February 2017.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
-€27,228
Total assets
€51,181
Net result
-€22,122
Working capital
€1,596

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €51,181
Fixed assets €40,722
Current assets €10,459
Equity and liabilities
Equity-€27,228
Debt€78,409
Equity is negative: debt (€78,409) exceeds the balance-sheet total (€51,181).
Key figures and ratios
2024 value
EBITDA
-€17,027
Cash flow
-€17,438
Solvency
-53.2%
Current ratio
1.18
Quick ratio
1.08
ROA
-43.2%
Interest coverage
-41.42
Debt
€78,409
Debt ≤ 1 year
€8,863
Debt > 1 year
€67,795
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 45 lines
Balance sheet Code2024
Assets
Total assets20/58€51,181
Fixed assets21/28€40,722
Intangible fixed assets21€566
Tangible fixed assets22/27€40,155
Plant, machinery and equipment23€2,763
Furniture and vehicles24€3,666
Other tangible fixed assets26€33,727
Current assets29/58€10,459
Stocks and contracts in progress3€858
Stocks30/36€858
Amounts receivable within one year40/41€7,518
Trade receivables40€5,250
Other amounts receivable41€2,268
Deferred charges and accrued income490/1€2,083
Equity and liabilities
Total equity and liabilities10/49€51,181
Equity10/15-€27,228
Contributions10/11€1,000
Reserves13€494
Tax-exempt reserves132€64
Distributable reserves133€430
Profit (loss) carried forward14-€28,722
Amounts payable17/49€78,409
Amounts payable after more than one year17€67,795
Other amounts payable178/9€67,795
Amounts payable within one year42/48€8,863
Financial debts43€2,054
Credit institutions430/8€2,054
Trade debts44€5,959
Suppliers440/4€5,959
Taxes, remuneration and social security45€850
Remuneration and social security454/9€850
Accrued charges and deferred income492/3€1,751
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,684
Other operating charges640/8€440
Gross operating margin9900-€16,587
Operating profit (loss)9901-€21,711
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€411
Recurring financial charges65€411
Profit (loss) for the period before taxes9903-€22,122
Profit (loss) for the period9904-€22,122
Profit (loss) for the period to be appropriated9905-€22,122
Appropriation of the result
Profit (loss) to be appropriated9906-€28,722
Profit (loss) brought forward from the previous period14P-€6,600

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,684
Other operating charges640/8€440
Gross operating margin9900-€16,587
Operating profit (loss)9901-€21,711
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€411
Recurring financial charges65€411
Profit (loss) for the period before taxes9903-€22,122
Profit (loss) for the period9904-€22,122
Profit (loss) for the period to be appropriated9905-€22,122
Line2024
Assets
Total assets20/58€51,181
Fixed assets21/28€40,722
Intangible fixed assets21€566
Tangible fixed assets22/27€40,155
Plant, machinery and equipment23€2,763
Furniture and vehicles24€3,666
Other tangible fixed assets26€33,727
Current assets29/58€10,459
Stocks and contracts in progress3€858
Stocks30/36€858
Amounts receivable within one year40/41€7,518
Trade receivables40€5,250
Other amounts receivable41€2,268
Deferred charges and accrued income490/1€2,083
Equity and liabilities
Total equity and liabilities10/49€51,181
Equity10/15-€27,228
Contributions10/11€1,000
Reserves13€494
Tax-exempt reserves132€64
Distributable reserves133€430
Profit (loss) carried forward14-€28,722
Amounts payable17/49€78,409
Amounts payable after more than one year17€67,795
Other amounts payable178/9€67,795
Amounts payable within one year42/48€8,863
Financial debts43€2,054
Credit institutions430/8€2,054
Trade debts44€5,959
Suppliers440/4€5,959
Taxes, remuneration and social security45€850
Remuneration and social security454/9€850
Accrued charges and deferred income492/3€1,751
Line2024
Profit (loss) for the period9904-€22,122
+ Depreciation and write-downs630€4,684
Operating cash flow (approximation)-€17,438

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
2,401 m²
Parcel 35020B0103/00W000, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PRESIP
Archimedesstraat 8, 8400 OostendeManufacture of metal structures and parts of structures
since 20172.267.357.875
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35020B0103/00W000 Flanders 2,401 m² - -
Linked by address, not proof of ownership
Good to know
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

Legal Entity Identifier

9845007M20B9A69C5244
live in the LEI register

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,818 companies in this sector we hold annual accounts for 10,343. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded20-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0671643242
Also 9925:BE0671643242
Registered 16-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.