PRINSTEC
ActivePRINSTEC has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €-19k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-5
Solvency92▼-8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.09 against 1.21 in 2024; short-term debt: 33.1% and cash: 2.3% of total assets), and 33.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
66.9%
Return on assets
-12.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-19k
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
57 d early
2023
57 d early
2022
54 d early
2021
51 d early
2020
60 d early
2019
59 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€102k▼ 15.5%
2024 · €121k
2018: €195k
2019: €187k
2020: €153k
2021: €133k
2022: €125k
2023: €132k
2024: €121k
2018 → 2025
Total assets
€152k▲ 15.9%
2024 · €131k
2018: €442k
2019: €407k
2020: €398k
2021: €386k
2022: €380k
2023: €133k
2024: €131k
2018 → 2025
Net result
€-19k▼ 62.7%
2024 · €-11k
2018: €7k
2019: €-8k
2020: €-35k
2021: €-20k
2022: €-8k
2023: €-5k
2024: €-11k
2018 → 2025
Working capital
€-46k
2024 · €2k
2018: €-8k
2019: €-8k
2020: €-77k
2021: €-204k
2022: €-245k
2023: €9k
2024: €2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€125k▼ 6.2%€132k▲ 5.9%€121k▼ 8.7%€102k▼ 15.5%
Operating result€-18k-€-7k▲ 58.2%€-5k▲ 33.0%€-11k▼ 128%€-19k▼ 63.1%
Net result€-20k-€-8k▲ 58.3%€-5k▲ 38.5%€-11k▼ 126%€-19k▼ 62.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2025 against €11k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152k
Fixed assets
€148k▲ 25.0%
Current assets
€4k▼ 66.2%
Equity and liabilities €152k
Equity
€102k▼ 15.5%
Debt
€50k▲ 365%
The debt ratio rises from 8.3% to 33.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-13k▼
2024 · €-7k
Cash flow
€-13k▼
2024 · €-7k
Solvency
66.9%▼
2024 · 91.7%
Current ratio
0.09▼
2024 · 1.21
Quick ratio
0.09▼
2024 · 1.21
Debt / equity
0.50▲
2024 · 0.09
ROE
-18.3%▼
2024 · -9.5%
ROA
-12.2%▼
2024 · -8.7%
Interest coverage
-107.16▼
2024 · -74.35
Debt
€50k▲
2024 · €11k
Debt ≤ 1 year
€50k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€131k€152k▲
Fixed assets21/28€118k€148k▲
Tangible fixed assets22/27€118k€148k▲
Land and buildings22€117k€148k▲
Other tangible fixed assets26€1k-
Current assets29/58€13k€4k▼
Amounts receivable within one year40/41€4k€755▼
Trade receivables40€755€755=
Other amounts receivable41€3k-
Cash at bank and in hand54/58€9k€3k▼
Deferred charges and accrued income490/1€430€233▼
Equity and liabilities
Total equity and liabilities10/49€131k€152k▲
Equity10/15€121k€102k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€100k€81k▼
Amounts payable17/49€11k€50k▲
Amounts payable within one year42/48€11k€50k▲
Trade debts44€381€358▼
Suppliers440/4€381€358▼
Taxes, remuneration and social security45-€132
Taxes450/3-€132
Other amounts payable47/48€10k€50k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€587€605▲
Gross operating margin9900€-6k€-12k▼
Operating profit (loss)9901€-11k€-19k▼
Financial income75/76B-€16
Recurring financial income75-€16
Financial charges65/66B€90€117▲
Recurring financial charges65€90€117▲
Profit (loss) for the period before taxes9903€-11k€-19k▼
Profit (loss) for the period9904€-11k€-19k▼
Profit (loss) for the period to be appropriated9905€-11k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€100k€81k▼
Profit (loss) brought forward from the previous period14P€112k€100k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 344current ratio 14.24
Current ratio from 0.04 to 14.24; short-term debt falls from €256k to €685.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Oudenaarde · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Trompestraat 179700 OudenaardeGround area
5,799 m²
Building footprint
245 m²
Volume, LiDAR
1,615 m³
Parcel 45502B0429/00H000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PRINSTEC
since 20142.231.029.890
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502B0429/00H000 | Flanders | 5,799 m² | 1 · 245 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Food safety, FASFC
1 siteOudenaarde2.231.029.890
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Of 5,167 companies in sector 01110 we hold annual accounts for 612. 448 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-06-2014
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.