Equity
€533,754 ▲ 7.8%
PREWAT SERVICE has made a profit without a break since 2011.
PREWAT SERVICE
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1991peak €407,059 (2017)
€279,145▲ 13.8%
lowest -€154,969 (2007)
€158,650▲ 29.3%
peak €533,754 (2025)
€533,754▲ 7.8%
€1.2m▼ 10.7%
Board2 names since 2014
2 directorsCHARGUI and 1 other
Owners
2.14%CHARGUI
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
Gross margin from €245,400 to €279,145Result from €122,733 to €158,650Cash from €43,627 to €18,215
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 58% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.3%▲ +0.2 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.4%▲ +0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.3%▼ -0.2 percentage points vs 07-2026
09-2026: 0.1%▼ -0.2 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.39, cash €18,215, halved
lowers risk
Size: total assets €1.8m
Founded in 1990
Figures for financial year 2025 (filed on 27-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 49% of them on solvency, 44% on liquidity, 77% on profitability and 63% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as PREWAT SERVICE has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of PREWAT SERVICE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 20,137 companies, not a prediction for PREWAT SERVICE. 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.
Credit verdict
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.39 (0.61 in 2024), below 1. Short-term debt is 15.5% and cash 1% of total assets. 69.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
28 days late
2023
29 days late
2022
60 days late
2021
29 days late
2020
30 days late
2019
116 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 46 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441728003
Registered office moved to Brussels
New registered office: Rue des Minimes 59, 1000 Bruxelles · General meeting of 30-06-2024 · Gazette deed
Amendment of the articles
General meeting of 16-01-2024 · Gazette deed
Reappointment: Chargui SPRL (director)
Appointment: Putz Jean Paul (sole director) · General meeting of 31-05-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PREWAT SERVICE Brussels | €1.8m | €279,145 | 30.2% | - |
| J.G. ELSEN INVESTMENT Woluwe-Saint-Lambert | €2.0m | €283,942 | 81.8% | - |
| GYMMO Ixelles | €1.6m | €215,982 | 75.0% | - |
| KARIMIMMO Woluwe-Saint-Pierre | €2.3m | €225,809 | 50.1% | - |
| THUZ Waregem | €1.8m | €218,702 | 16.0% | 0 |
| F & C Charleroi | €1.5m | €315,528 | 71.7% | - |
| CECIMMO Turnhout | €2.0m | €272,087 | 48.1% | - |
These companies have the same main activity as PREWAT SERVICE: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.5m and €2.3m, founded between 1987 and 1993.
Official details
Source: KBO- Status
- Active since 24-09-1990Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.049.899.4161000 Brussels, since 23-10-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Insights on PREWAT SERVICE
PREWAT SERVICE files the abbreviated format. That format states no turnover. The gross margin rose from -€59,220 in 2007 to €279,145 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
In June 2022, the Official Gazette published the appointment of Putz Jean Paul as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PREWAT SERVICE
- What is the company number of PREWAT SERVICE?
- The company number of PREWAT SERVICE is 0441.728.003. The VAT number is the same number with BE in front: BE 0441.728.003.
- Where is PREWAT SERVICE based?
- The registered office is at Minimenstraat 59, 1000 Brussels.Company details
- What does PREWAT SERVICE do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of PREWAT SERVICE?
- PREWAT SERVICE is a public limited company (NV).
- When was PREWAT SERVICE founded?
- PREWAT SERVICE was founded on 24-09-1990.
- Is PREWAT SERVICE still active?
- Yes, PREWAT SERVICE is an active enterprise in the KBO register.
- What is the turnover of PREWAT SERVICE?
- The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €279,145 and 40 comparable companies (NACE 681). It probably lies between €370,000 and €810,000.Financials
- Is PREWAT SERVICE profitable?
- In financial year 2025, PREWAT SERVICE made a profit of €158,650.
- Where can I find the annual accounts of PREWAT SERVICE?
- PREWAT SERVICE filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PREWAT SERVICE due?
- PREWAT SERVICE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.