PRINTHAGEN
ActiveSummary
PRINTHAGEN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.92M and a net result of €212k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-2
Solvency100▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 0.75 in 2024; short-term debt: 20.9% and cash: 0% of total assets), and 21% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79%
Return on assets
5.7%
Age of the figures
9 mo
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
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
6 d early
2023
23 d early
2022
3 d early
2021
3 d early
2020
8 d early
2019
42 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.92M▲ 7.3%
2024 · €2.72M
2018: €2.36M
2019: €1.98M
2020: €2.44M
2021: €2.42M
2022: €2.17M
2023: €2.40M
2024: €2.72M
2018 → 2025
Total assets
€3.70M▼ 14.6%
2024 · €4.33M
2018: €4.68M
2019: €4.83M
2020: €4.48M
2021: €3.76M
2022: €4.14M
2023: €3.93M
2024: €4.33M
2018 → 2025
Net result
€212k▼ 36.6%
2024 · €334k
2018: €1.64M
2019: €-361k
2020: €465k
2021: €-3k
2022: €-235k
2023: €249k
2024: €334k
2018 → 2025
Working capital
€87k
2024 · €-394k
2018: €-798k
2019: €-1.02M
2020: €-805k
2021: €-646k
2022: €-1.43M
2023: €-998k
2024: €-394k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.42M-€2.17M▼ 10.3%€2.40M▲ 10.8%€2.72M▲ 13.3%€2.92M▲ 7.3%
Operating result€6k-€-241k€302k€498k▲ 65.2%€276k▼ 44.6%
Net result€-3k-€-235k▼ 7,614%€249k€334k▲ 34.4%€212k▼ 36.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 45% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.70M
Fixed assets
€2.84M ▼ 9.1%
Current assets
€859k ▼ 28.9%
Equity and liabilities €3.70M
Equity
€2.92M ▲ 7.3%
Debt
€776k ▼ 51.7%
Debt's share of the balance-sheet total falls from 37.1% to 21.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€632k▼
2024 · €871k
Cash flow
€567k▼
2024 · €706k
Current ratio
1.11▲
2024 · 0.75
Quick ratio
1.08▲
2024 · 0.74
Debt to equity
0.27▼
2024 · 0.59
ROE
7.3%▼
2024 · 12.3%
ROA
5.7%▼
2024 · 7.7%
Interest coverage
20.91▲
2024 · 11.24
Debt ≤ 1 year
€772k▼
2024 · €1.60M
Income taxes
€67k▼
2024 · €121k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.33M€3.70M▼
Fixed assets21/28€3.12M€2.84M▼
Tangible fixed assets22/27€3.09M€2.81M▼
Land and buildings22€3.03M€2.75M▼
Plant, machinery and equipment23€46k€29k▼
Furniture and vehicles24€17k€25k▲
Financial fixed assets28€28k€28k=
Current assets29/58€1.21M€859k▼
Stocks and contracts in progress3€20k€27k▲
Stocks30/36€20k€27k▲
Amounts receivable within one year40/41€1.07M€829k▼
Trade receivables40€765k€473k▼
Other amounts receivable41€303k€356k▲
Cash at bank and in hand54/58€118k€177▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€4.33M€3.70M▼
Equity10/15€2.72M€2.92M▲
Contributions10/11€500k€500k=
Reserves13€2.16M€2.38M▲
Distributable reserves133€2.16M€2.38M▲
Investment grants15€58k€44k▼
Amounts payable17/49€1.61M€776k▼
Amounts payable within one year42/48€1.60M€772k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€146k€76k▼
Suppliers440/4€146k€76k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€134k€188k▲
Taxes450/3€134k€188k▲
Other amounts payable47/48€1.32M€508k▼
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€372k€355k▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€879k€640k▼
Operating profit (loss)9901€498k€276k▼
Financial income75/76B€35k€33k▼
Recurring financial income75€35k€33k▼
Financial charges65/66B€77k€30k▼
Recurring financial charges65€77k€30k▼
Profit (loss) for the period before taxes9903€455k€279k▼
Income taxes67/77€121k€67k▼
Profit (loss) for the period9904€334k€212k▼
Profit (loss) for the period to be appropriated9905€334k€212k▼
Appropriation of the result
Profit (loss) to be appropriated9906€334k€212k▼
Transfer to equity691/2€334k€212k▼
To other reserves6921€334k€212k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (13 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €249k
Net result €249k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €465k
Net result €465k after one loss-making year.
31-12
Financial
Equity above €2MEq €2.44M ▲22.7%
Equity rises from €1.98M to €2.44M.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 42 days late
2019
31-12
Financial
Weakest financial yearnet €-361k ▼122%
Net result drops to €-361k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2003
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.
Steenweg op Leuven 11881200 Sint-Lambrechts-WoluweGround area
2,864 m²
Building footprint
722 m²
Volume, LiDAR
7,073 m³
Parcel 21018A0002/00P007, Brussels · tallest building 15.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PRINTHAGEN
since 20032.134.411.259
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0002/00P007 | Brussels | 2,864 m² | 1 · 722 m² | 15.3 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 10,469 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 10,469 EUR | 0 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 16,121 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.