Equity
-€116,838
Debts exceed assets in financial year 2025.
PRINCETEC
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €74,543 (2013)
-€17,346▲ €7,024
lowest -€55,650 (2015)
-€31,706▲ €763
peak €160,458 (2018)
-€116,838▼ €31,706
€549,020▲ 4.6%
Board1 name since 2022
1 director
Documentsfilings and deeds
26-05-20265 days before the deadline
2025micro format
Gross margin from -€24,369 to -€17,346Loss of €31,706Equity from -€85,132 to -€116,838
Key points
from the 2025 annual accountsLosses
-€277,296 in seven years
Every financial year from 2019 to 2025 closed with a loss. 2021 was the heaviest.
Debts
€549,020 127% of the balance sheet
Financial debts 54%Suppliers 1%Taxes and wages 0%Other 45%
Of this, €254,020 falls due within a year.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,795 companies had the same profile as PRINCETEC has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.1%
stopped another way
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,795 companies, not a prediction for PRINCETEC. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0476840518
First establishment
Kliniekstraat 14, Hasselt
Incorporation
published on 21-02-2002 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PRINCETEC Hasselt | €432,182 | -€17,346 | -27.0% | - |
| CLAVES ANTWERPEN Antwerp | €520,522 | -€11,073 | 35.7% | - |
| VH STABLES Aalter | €462,962 | -€1,883 | 54.5% | - |
| SOGEVISA Jalhay | €524,409 | -€16,970 | 87.5% | - |
| JVD Hasselt | €622,333 | -€5,939 | 99.2% | - |
| B.T.A. Ingenieurs Hasselt | €555,450 | €444 | 80.8% | - |
| URBAN Diest | €552,099 | -€1,501 | 78.5% | - |
These companies have the same main activity as PRINCETEC: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €463,000 and €622,000, founded between 1997 and 2009.
Official details
Source: KBO- Status
- Active since 07-02-2002Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 1 other
- Establishment unit
- 2.101.578.0463500 Hasselt, since 19-02-2002
- Financial year end
- 31 October
- Peppol
- Reachable since 26-12-2025
Annual accounts to 31-10-2025
- €432,182▼ 1.7%
- Filing
- Filed on 26-05-2026, 5 days before the end of the filing period
Insights on PRINCETEC
PRINCETEC files the micro format. That format states no turnover. The gross margin fell from €47,416 in 2006 to -€17,346 in 2025.
The balance sheet grew most from 2007 to 2009 through fixed assets, financed with long-term debt.
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 PRINCETEC
- What is the company number of PRINCETEC?
- The company number of PRINCETEC is 0476.840.518. The VAT number is the same number with BE in front: BE 0476.840.518.
- Where is PRINCETEC based?
- The registered office is at Kliniekstraat 14, 3500 Hasselt.Company details
- What does PRINCETEC do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of PRINCETEC?
- PRINCETEC is a private limited company (pre-2019) (BVBA).
- When was PRINCETEC founded?
- PRINCETEC was founded on 07-02-2002.
- Is PRINCETEC still active?
- Yes, PRINCETEC is an active enterprise in the KBO register.
- What is the turnover of PRINCETEC?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PRINCETEC profitable?
- In financial year 2025, PRINCETEC made a loss of €31,706.
- Where can I find the annual accounts of PRINCETEC?
- PRINCETEC filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PRINCETEC due?
- PRINCETEC must file the annual accounts for financial year 2026 by 31-05-2027.Timeline
Next steps
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