Financials
- Fiscal year
- 2024
- Total assets
- €1.8m
- Profit
- €218,942
- Solvency
- 54.0%
Total assets▼ 7.4%
Net result
20182024
PRINSELEK
ActiveSummary
PRINSELEK has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €987,272 and a net result of €218,942. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 7482 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
General electrical installation work
NACE 43211
#10 employer in Beerse, Construction sector1 site
Size
€1.8mtotal assets 2024
- Staff
- 13 FTE
- Equity
- €987,272
- Profit
- €218,942
Turnover not published (abridged schema)
Structure
Accounts 65 d overdue0 of 3 deeds read
Why 89- Figures for FY 2024 (filed 24-06-2025)+ Liquidity: current ratio 4.99, cash €510,615+ Founded in 2010+ Equity €987,272 (54.0% of total assets)Show the evidence
Checked score
Score 2024
89
/ 100
Excellent
Probability in this band: under 0.55%
Better than 79% of its sector peers (NACE 43, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
79+11
equity 54.0% of total assets
Liquidity
83+38
short-term debt 12.7% · cash 27.9%
Profitability
84-3
return on assets 12.0%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%● 0.0% vs 11-2024
01-2025: 1.0%▲ +0.6% vs 12-2024
02-2025: 1.0%● 0.0% vs 01-2025
03-2025: 1.0%▼ -0.5% vs 02-2025
04-2025: 1.0%▲ +5.3% vs 03-2025
05-2025: 1.2%▲ +21.3% vs 04-2025
06-2025: 1.3%▲ +9.1% vs 05-2025highest value
07-2025: 0.2%▼ -82.3% vs 06-2025
08-2025: 0.2%● 0.0% vs 07-2025
09-2025: 0.2%● 0.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%▼ -0.4% vs 12-2025
02-2026: 0.2%▼ -2.1% vs 01-2026
03-2026: 0.2%▼ -0.9% vs 02-2026
04-2026: 0.2%▼ -4.3% vs 03-2026lowest value
05-2026: 0.3%▲ +20.0% vs 04-2026
06-2026: 0.3%▼ -3.8% vs 05-2026
07-2026: 0.3%▲ +21.7% vs 06-2026
08-2026: 0.5%▲ +59.5% vs 07-2026
09-2026: 0.6%▲ +31.6% vs 08-2026
10-2026: 0.3%▼ -50.8% vs 09-2026
- Liquidity: current ratio 4.99, cash €510,615 lowers the probability
- Figures for FY 2024 (filed 24-06-2025) raises the probability
- Founded in 2010 lowers the probability for this profile
- Equity €987,272 (54.0% of total assets) lowers the probability
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 4.99 against 2.58 in 2023; short-term debt: 12.7% and cash: 27.9% of total assets), and 46% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, small). Better than this share of them on solvency 72%, liquidity 94%, profitability 79%, growth against the median 71%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
13 d late
2022
31 d late
2021
4 d late
2020
13 d late
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days after 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 (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
- Highest result since 2018net €285,781 ▲671%
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 24-06-2025Annual accounts filed
- 13-08-2024Annual accounts filed
- 31-12-2023Highest result since 2018
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 28-12-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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