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Printcity

Active
Private limited companyfounded 20169 yrs activeEkkelgaarden 6C, 3500 Hasselt, BelgiumKBO/BCE: BE 0663.896.110

Printcity has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €275k and a net result of €-104k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
48 / 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
Profitability30▲+6
Solvency34▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.75 in 2024; short-term debt: 27.9% and cash: 6.1% of total assets), and 91% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
9%
Return on assets
-3.4%
Age of the figures
18 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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year €-104k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 309 sector peers (2025).
NBB · sector comparison
Position among 309 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
7 d early
2024
on the day
2023
on the day
2022
62 d early
2021
72 d early
2020
61 d early
2019
22 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€275k▼ 27.5%
2024 · €379k
2019: €54k 2020: €80k 2021: €255k 2022: €367k 2023: €474k 2024: €379k
2019 → 2025
Total assets
€3.05M▲ 1.4%
2024 · €3.01M
2019: €321k 2020: €286k 2021: €471k 2022: €850k 2023: €911k 2024: €3.01M
2019 → 2025
Net result
€-104k▼ 9.5%
2024 · €-95k
2019: €37k 2020: €26k 2021: €172k 2022: €162k 2023: €156k 2024: €-95k
2019 → 2025
Working capital
€-237k▼ 57.9%
2024 · €-150k
2019: €32k 2020: €63k 2021: €213k 2022: €290k 2023: €371k 2024: €-150k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€255k-€367k▲ 43.9%€474k▲ 29.1%€379k▼ 20.0%€275k▼ 27.5%
Operating result€220k-€201k▼ 8.6%€197k▼ 2.2%€15k▼ 92.5%€-4k
Net result€172k-€162k▼ 6.1%€156k▼ 3.7%€-95k€-104k▼ 9.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100k€200kOperating result 2021: €220k€220kNet result 2021: €172k€172kOperating result 2022: €201k€201kNet result 2022: €162k€162kOperating result 2023: €197k€197kNet result 2023: €156k€156kOperating result 2024: €15k€15kNet result 2024: €-95k€-95kOperating result 2025: €-4k€-4kNet result 2025: €-104k€-104k20212022202320242025
The operating result turns negative in 2025: a loss of €4k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.05M
Fixed assets €2.44M▼ 5.0%
Current assets €613k▲ 38.4%
Equity and liabilities €3.05M
Equity €275k▼ 27.5%
Debt €2.78M▲ 5.5%
The debt ratio rises from 87.4% to 91.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€190k
2024 · €122k
Cash flow
€90k
2024 · €12k
Solvency
9.0%
2024 · 12.6%
Current ratio
0.72
2024 · 0.75
Quick ratio
0.62
2024 · 0.66
Debt / equity
10.09
2024 · 6.94
ROE
-37.8%
2024 · -25.1%
ROA
-3.4%
2024 · -3.2%
Interest coverage
1.81
2024 · 1.06
Debt
€2.78M
2024 · €2.63M
Debt ≤ 1 year
€850k
2024 · €593k
Debt > 1 year
€1.92M
2024 · €2.04M
Income taxes
€337
2024 · €406
Staff costs
€370k
2024 · €233k
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€3.01M€3.05M
Fixed assets21/28€2.57M€2.44M
Intangible fixed assets21€12k€9k
Tangible fixed assets22/27€2.55M€2.42M
Land and buildings22€28k€24k
Plant, machinery and equipment23€133k€99k
Furniture and vehicles24€17k€14k
Leasing and similar rights25€2.37M€2.29M
Financial fixed assets28€5k€5k=
Current assets29/58€443k€613k
Stocks and contracts in progress3€51k€90k
Stocks30/36€51k€76k
Contracts in progress37-€14k
Amounts receivable within one year40/41€243k€325k
Trade receivables40€163k€260k
Other amounts receivable41€80k€65k
Cash at bank and in hand54/58€137k€187k
Deferred charges and accrued income490/1€11k€11k
Equity and liabilities
Total equity and liabilities10/49€3.01M€3.05M
Equity10/15€379k€275k
Contributions10/11€16k€16k=
Reserves13€459k€459k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€457k€457k=
Profit (loss) carried forward14€-95k€-199k
Amounts payable17/49€2.63M€2.78M
Amounts payable after more than one year17€2.04M€1.92M
Financial debts170/4€2.04M€1.92M
Amounts payable within one year42/48€593k€850k
Current portion of amounts payable after more than one year42€170k€176k
Financial debts43€150k€274k
Credit institutions430/8€150k€274k
Trade debts44€226k€305k
Suppliers440/4€226k€305k
Taxes, remuneration and social security45€35k€94k
Taxes450/3€4k€37k
Remuneration and social security454/9€31k€58k
Other amounts payable47/48€11k€785
Accrued charges and deferred income492/3€0€9k
Income statement Code20242025
Non-recurring operating income76A€0€65
Remuneration, social security and pensions62€233k€370k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€194k
Other operating charges640/8€6k€18k
Gross operating margin9900€361k€578k
Operating profit (loss)9901€15k€-4k
Financial income75/76B€6k€5k
Recurring financial income75€6k€5k
Financial charges65/66B€116k€105k
Recurring financial charges65€116k€105k
Profit (loss) for the period before taxes9903€-95k€-104k
Income taxes67/77€406€337
Profit (loss) for the period9904€-95k€-104k
Profit (loss) for the period to be appropriated9905€-95k€-104k
Appropriation of the result
Profit (loss) to be appropriated9906€-95k€-199k
Profit (loss) brought forward from the previous period14P-€-95k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90876.38.4

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
24-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Weakest financial yearnet €-104k
Net result drops to €-104k, the lowest in the series.
2024
31-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
20-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial Highest result since 2019net €172k ▲553%
Operating result €220k, net result €172k, both a record.
31-03
Financial Equity above €200kEq €255k ▲219%
3 profitable years in a row build equity to €255k.
2020
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
09-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
12-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Hasselt · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Ekkelgaarden 6C3500 Hasselt
Ground area
2,839 m²
Building footprint
1,698 m²
Parcel 71324E0542/00C002, Flanders. Linked by address, not a title deed.
1 establishment unit
Printcity
Ekkelgaarden 6C, 3500 HasseltFinishing of textiles
since 20162.257.407.457
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71324E0542/00C002 Flanders 2,839 m² 1 · 1,698 m² -
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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 29,929 EUR awarded · 29,929 EUR paid
Year Entries awardedpaid
2025 2 12,331 EUR12,331 EUR
2024 1 7,828 EUR7,828 EUR
2023 2 3,750 EUR3,750 EUR
2022 2 6,020 EUR6,020 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 10,020 EUR · 10,020 EUR paid · Fonds voor Innoveren en Ondernemen
Vlaams opleidingsverlof (VOV)
1 entry · 7,828 EUR · 7,828 EUR paid · Departement Werk en Sociale Economie
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
2 entries · 7,250 EUR · 7,250 EUR paid · Departement Werk en Sociale Economie
Individueel Maatwerk
1 entry · 4,831 EUR · 4,831 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Similar companies · same sector, comparable size

Of 2,855 companies in sector 18130 we hold annual accounts for 831. 593 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-10-2016
Fiscal year end31-03
Activities, NACEBEL
13300Finishing of textiles
18130Pre-press and pre-media services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.