Equity
Equity fell by 56% in 5 years.
Equity fell by 56% in 5 years.
The accounts state no turnover.
Green is investment, beige is depreciation.
Short-term debts rose from €7,074 to €37,173.
The 2023 accounts came latest: 122 days after the end of the period.
Less equity than 82% of companies in specialised construction. Sector median €250,541 · 9,969 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 55% of them on solvency, 74% on liquidity, 78% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as PRISMA CONSTRUCT has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PRISMA CONSTRUCT itself: 0.9% within 12 months.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for PRISMA CONSTRUCT. 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.
Liquidity is tight, with a current ratio of 1.23 (4.55 in 2024), below the usual 1.5. Short-term debt is 49.4% and cash 40.4% of total assets. 49.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 29 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| PRISMA CONSTRUCT Sint-Gillis-Waas | - | - | 50.6% | - |
| POWELL M&G Tremelo | - | - | 41.3% | - |
| CHASSIS BRAZ Anderlecht | €156,730 | 7.4% | 70.9% | - |
| BELECTROTEC La Louvière | €126,067 | 16.8% | 60.9% | - |
| LORD DECOR Hoeilaart | - | - | 83.6% | - |
| DR Improvement Solutions Haacht | - | - | 46.3% | - |
| DINAMIC CONSTRUCT Temse | €523,959 | 2.2% | 48.8% | - |
These companies have the same main activity as PRISMA CONSTRUCT: other construction installation (NACE 43240). They are comparable in size and age: total assets between €58,700 and €87,500, founded between 2016 and 2018.
PRISMA CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €57,941 in 2018 to €22,788 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €290,000. Estimated: probably between €130,000 and €550,000.
Higher than 58% of 9,967 companies in 2025.
Higher than 30% of 9,830 companies in 2025.
Higher than 84% of 9,899 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
75,179 | 32,170 | 19,347 | 35,349 | 82,724 | 95,034 | 91,692 | 58,640 | |
21/28 |
29,425 | - | - | - | 4,513 | 7,259 | 2,433 | 1,100 | |
22/27 |
29,425 | - | - | - | 3,413 | 6,159 | 1,333 | - | |
23 |
1,600 | - | - | - | 475 | 1,601 | 1,333 | - | |
24 |
27,825 | - | - | - | 2,938 | 4,558 | - | - | |
28 |
- | - | - | - | 1,100 | 1,100 | 1,100 | 1,100 | |
29/58 |
45,754 | 32,170 | 19,347 | 35,349 | 78,211 | 87,775 | 89,259 | 57,540 | |
29 |
- | - | - | - | 33,600 | 11,000 | - | - | |
291 |
- | - | - | - | 33,600 | 11,000 | - | - | |
40/41 |
15,408 | 4,504 | 18,150 | 2,672 | - | 8,648 | 10,603 | 10,510 | |
40 |
10,890 | - | 18,150 | - | - | 8,648 | 10,603 | 9,961 | |
41 |
4,518 | 4,504 | - | 2,672 | - | - | - | 549 | |
54/58 |
30,346 | 27,666 | 1,197 | 32,677 | 44,316 | 60,927 | 67,856 | 32,630 | |
490/1 |
- | - | - | - | 294 | 7,200 | 10,800 | 14,400 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
75,179 | 32,170 | 19,347 | 35,349 | 82,724 | 95,034 | 91,692 | 58,640 | |
10/15 |
38,005 | 25,096 | 8,077 | 27,849 | 74,562 | 86,269 | 66,025 | 42,901 | |
10/11 |
1,600 | 1,600 | 1,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | |
13 |
36,405 | 23,496 | 6,477 | 1,860 | 1,860 | 1,860 | 1,860 | 1,525 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,525 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | |
133 |
36,405 | 23,496 | 6,477 | - | - | - | - | - | |
14 |
- | - | - | 7,389 | 60,302 | 72,009 | 51,765 | 28,976 | |
17/49 |
37,173 | 7,074 | 11,271 | 7,500 | 8,161 | 8,765 | 25,666 | 15,739 | |
42/48 |
37,173 | 7,074 | 11,271 | 7,500 | 6,911 | 7,515 | 24,416 | 14,489 | |
44 |
31,433 | 12 | 1,438 | - | - | 93 | - | - | |
440/4 |
31,433 | 12 | 1,438 | - | - | 93 | - | - | |
45 |
3,642 | 5,797 | 8,568 | 7,500 | 5,756 | 7,036 | 21,934 | 14,239 | |
450/3 |
3,642 | 5,797 | 8,568 | 7,500 | 5,756 | 7,036 | 21,934 | 14,239 | |
47/48 |
2,098 | 1,265 | 1,265 | - | 1,155 | 386 | 2,482 | 250 | |
492/3 |
- | - | - | - | 1,250 | 1,250 | 1,250 | 1,250 | |
| Income statement | |||||||||
9900 |
22,788 | 25,681 | 10,001 | -504 | -8,120 | 29,747 | 39,287 | 57,941 | |
630 |
995 | - | - | - | 2,746 | 2,063 | 666 | - | |
640/8 |
977 | 528 | 384 | 102 | 972 | 243 | 993 | 3,513 | |
66A |
- | - | - | 2,095 | - | - | - | - | |
9901 |
20,816 | 25,154 | 9,617 | -2,701 | -11,839 | 27,441 | 37,628 | 54,429 | |
75/76B |
- | - | - | - | 294 | - | - | - | |
75 |
- | - | - | - | 294 | - | - | - | |
65/66B |
272 | 191 | 118 | 193 | 163 | 167 | 156 | 139 | |
65 |
272 | 191 | 118 | 193 | 163 | 167 | 156 | 139 | |
9903 |
20,544 | 24,962 | 9,499 | -2,894 | -11,707 | 27,274 | 37,472 | 54,290 | |
67/77 |
6,802 | 7,943 | 3,022 | 19 | - | 5,430 | 6,948 | 13,539 | |
9904 |
13,742 | 17,020 | 6,477 | -2,913 | -11,707 | 21,843 | 30,524 | 40,751 | |
9905 |
13,742 | 17,020 | 6,477 | -2,913 | -11,707 | 21,843 | 30,524 | 40,751 | |
| Appropriation of the result | |||||||||
9906 |
13,742 | 17,020 | 13,866 | 57,389 | 60,302 | 73,609 | 59,500 | 40,751 | |
14P |
- | - | 7,389 | 60,302 | 72,009 | - | - | - | |
791/2 |
- | - | 1,860 | - | - | - | - | - | |
691/2 |
12,909 | 17,020 | 6,477 | - | - | - | 335 | 1,525 | |
6920 |
- | - | - | - | - | - | 335 | 1,525 | |
6921 |
12,909 | 17,020 | 6,477 | - | - | - | - | - | |
694/7 |
833 | - | 9,249 | 50,000 | - | 1,600 | 7,400 | 10,250 | |
694 |
833 | - | 9,249 | 50,000 | - | 1,600 | 2,400 | - | |
695 |
- | - | - | - | - | 0 | 5,000 | 10,250 | |
| Document | |||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00381616 | |
| 31-12-2024 | abbreviated format | 05-07-2025 | 2025-00261725 | |
| 31-12-2023 | abbreviated format | 30-11-2024 | 2024-00610236 | |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00500533 | |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20199915 | |
| 31-12-2020 | micro format | 10-08-2021 | 2021-47600484 | |
| 31-12-2019 | micro format | 20-08-2020 | 2020-44500054 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-55700348 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 21,811 | - | - | - | -9,093 | 29,504 | 38,294 | - | ||
| 14,737 | - | - | - | -8,961 | 23,907 | 31,191 | - | ||
| 30,420 | - | - | - | 0 | 6,890 | 1,999 | 1,100 | ||
| 2,680 | 26,469 | -31,480 | -11,639 | -16,610 | -6,930 | 35,226 | - | ||
| 8,581 | 25,096 | 8,077 | 27,849 | 71,299 | 80,260 | 64,843 | 43,051 | ||
| 50.6% | 78.0% | 41.7% | 78.8% | 90.1% | 90.8% | 72.0% | 73.2% | ||
| 1.23 | 4.55 | 1.72 | 4.71 | 11.32 | 11.68 | 3.66 | 3.97 | ||
| 0.98 | 0.28 | 1.40 | 0.27 | 0.11 | 0.10 | 0.39 | 0.37 | ||
| 36.2% | 67.8% | 80.2% | -10.5% | -15.7% | 25.3% | 46.2% | 95.0% | ||
| 18.3% | 52.9% | 33.5% | -8.2% | -14.2% | 23.0% | 33.3% | 69.5% | ||
| 80.22 | - | - | - | -55.95 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Overdue tax debts | - | €2,775 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €30,420 | - | - | - | - |
| €995 | - | - | - | €2,746 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 17% lower than in 2024.
Debt's share of the balance-sheet total rises from 22.0% to 49.4%. Equity and debt are higher.
PRISMA CONSTRUCT has no parent and no holdings in its annual accounts. DE FYN Kurt is the only director. PRISMA CONSTRUCT shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Doornstraat 34 registered office 9170 Sint-Gillis-Waas | ||
| Potterstraat 43 9170 Sint-Gillis-Waas | 14-12-2017 | 2.270.844.531 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46020D0203/00B000 | 1,324 m² | 1 · 217 m² | 9.6 m · 2 |
| 46022B0197/00E000 | 820 m² | 1 · 255 m² | 11.9 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0685.924.711
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