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PREVECO

Active Risk: moderate
Private limited company (pre-2019)founded 201313 yrs activeChaussée de Namur 88, 1300 Wavre, BelgiumKBO/BCE: BE 0503.825.423
Summary

The computed 12-month bankruptcy probability of PREVECO is 2.9% (moderate). The 2018 annual accounts show equity of €121,789 and a net result of -€3,039. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2018
Profitability34
Solvency79
Growth-
Track record85
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 2018
Solvency, return and age of the figures
Solvency
53.6%
Return on assets
-1.3%
Age of the figures
93 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filings
Position against the passed deadline
31-12-2019 close31-07-2020 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 28-08-2019, 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

On 5 February 2013, PREVECO was incorporated.1 The company has filed 5 sets of annual accounts, the latest for fiscal year 2018.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018

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Financials · fiscal year 2018, micro schema

Equity
€121,789
Total assets
€227,228
Net result
-€3,039
Working capital
€120,452

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

Balance-sheet composition
Assets €227,228
Fixed assets €1,337
Current assets €225,891
Equity and liabilities €227,228
Equity €121,789
Debt €105,439
Debt finances 46.4% of the balance-sheet total.
Key figures and ratios
2018 value
EBITDA
€32,079
Cash flow
-€2,623
Current ratio
2.14
ROE
-2.5%
ROA
-1.3%
Debt ≤ 1 year
€105,439
Income taxes
€44,076
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 23 lines
Balance sheet Code2018
Assets
Total assets20/58€227,228
Fixed assets21/28€1,337
Tangible fixed assets22/27€1,247
Financial fixed assets28€90
Current assets29/58€225,891
Amounts receivable within one year40/41€137,331
Cash at bank and in hand54/58€13,439
Equity and liabilities
Total equity and liabilities10/49€227,228
Equity10/15€121,789
Contributions10/11€1,000
Profit (loss) carried forward14€120,789
Amounts payable17/49€105,439
Amounts payable within one year42/48€105,439
Trade debts44€1,920
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€416
Gross operating margin9900€32,079
Operating profit (loss)9901€31,663
Recurring financial income75€9,615
Recurring financial charges65€241
Profit (loss) for the period before taxes9903€41,037
Income taxes67/77€44,076
Profit (loss) for the period9904-€3,039
Profit (loss) for the period to be appropriated9905-€3,039
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€416
Gross operating margin9900€32,079
Operating profit (loss)9901€31,663
Recurring financial income75€9,615
Recurring financial charges65€241
Profit (loss) for the period before taxes9903€41,037
Income taxes67/77€44,076
Profit (loss) for the period9904-€3,039
Profit (loss) for the period to be appropriated9905-€3,039
Line2018
Assets
Total assets20/58€227,228
Fixed assets21/28€1,337
Tangible fixed assets22/27€1,247
Financial fixed assets28€90
Current assets29/58€225,891
Amounts receivable within one year40/41€137,331
Cash at bank and in hand54/58€13,439
Equity and liabilities
Total equity and liabilities10/49€227,228
Equity10/15€121,789
Contributions10/11€1,000
Profit (loss) carried forward14€120,789
Amounts payable17/49€105,439
Amounts payable within one year42/48€105,439
Trade debts44€1,920
Line2018
Profit (loss) for the period9904-€3,039
+ Depreciation and write-downs630€416
Operating cash flow (approximation)-€2,623

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

2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
23-11
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 115 days late
23-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 480 days late
23-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 845 days late
23-11
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 1211 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Wavre · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
508 m²
Building footprint
352 m²
Volume, LiDAR
4,239 m³
Parcel 25006E0102/00D000, Wallonia · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Chaussée de Namur 88, 1300 Wavre
Wholesale trade
since 20132.216.230.957
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25006E0102/00D000 Wallonia 507 m² 1 · 352 m² 14.9 m · 4 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded05-02-2013
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

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