PRODUCTION RESOURCE GROUP
ActivePRODUCTION RESOURCE GROUP has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.33M and a net result of €-296k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 429 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (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
Profitability69▼-4
Solvency50▼-5
Growth48▼-1
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.72 in 2024; short-term debt: 53.5% and cash: 7.5% of total assets), and 74.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← 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
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
25.3%
Return on assets
-0.5%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
119 d late
2023
29 d late
2022
31 d late
2021
145 d late
2020
38 d late
2019
91 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€35.70M▼ 3.6%
2024 · €37.02M
2018: €31.90M
2019: €36.08M
2020: €15.24M
2021: €11.63M
2022: €36.53M
2023: €38.14M
2024: €37.02M
2018 → 2025
EBIT margin
-0.9%▼ 4.6pp
2024 · 3.6%
2018: 6.5%
2019: 9.7%
2020: -17.8%
2021: -16.6%
2022: 18.3%
2023: 10.1%
2024: 3.6%
2018 → 2025
Net result
€-296k
2024 · €410k
2018: €1.93M
2019: €3.25M
2020: €-2.50M
2021: €-1.88M
2022: €6.36M
2023: €3.42M
2024: €410k
2018 → 2025
Working capital
€-6.55M▲ 12.3%
2024 · €-7.47M
2018: €5.10M
2019: €6.94M
2020: €2.95M
2021: €-1.32M
2022: €1.83M
2023: €-8.88M
2024: €-7.47M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€11.63M-€36.53M▲ 214%€38.14M▲ 4.4%€37.02M▼ 2.9%€35.70M▼ 3.6%
Equity€5.43M-€11.79M▲ 117%€15.21M▲ 29.0%€15.62M▲ 2.7%€15.33M▼ 1.9%
Operating result€-1.92M-€6.69M€3.85M▼ 42.4%€1.34M▼ 65.1%€-335k
Net result€-1.88M-€6.36M€3.42M▼ 46.2%€410k▼ 88.0%€-296k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €335k after €1.34M in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60.49M
Fixed assets
€34.66M▲ 5.4%
Current assets
€25.83M▲ 32.0%
Equity and liabilities €60.49M
Equity
€15.33M▼ 1.9%
Debt
€45.16M▲ 22.7%
The debt ratio rises from 70.2% to 74.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4.40M▼
2024 · €5.62M
Cash flow
€4.44M▼
2024 · €4.69M
Solvency
25.3%▼
2024 · 29.8%
Current ratio
0.80▲
2024 · 0.72
Quick ratio
0.79▲
2024 · 0.72
Debt / equity
2.95▲
2024 · 2.36
ROE
-1.9%▼
2024 · 2.6%
ROA
-0.5%▼
2024 · 0.8%
Interest coverage
8.22▼
2024 · 19.81
Debt
€45.16M▲
2024 · €36.82M
Debt ≤ 1 year
€32.38M▲
2024 · €27.05M
Debt > 1 year
€9.96M▲
2024 · €9.12M
Income taxes
€-40k▼
2024 · €179k
Staff costs
€7.41M▲
2024 · €7.30M
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€52.44M€60.49M▲
Fixed assets21/28€32.87M€34.66M▲
Tangible fixed assets22/27€14.84M€17.12M▲
Plant, machinery and equipment23€7.78M€9.16M▲
Furniture and vehicles24€154k€196k▲
Leasing and similar rights25€6.90M€7.73M▲
Other tangible fixed assets26€2k€33k▲
Financial fixed assets28€18.03M€17.54M▼
Affiliated companies280/1€17.40M€17.05M▼
Participating interests280€1€1=
Amounts receivable281€17.40M€17.05M▼
Other financial fixed assets284/8€630k€487k▼
Amounts receivable and cash guarantees285/8€630k€487k▼
Current assets29/58€19.58M€25.83M▲
Amounts receivable after more than one year29€4.88M€5.05M▲
Other amounts receivable291€4.88M€5.05M▲
Stocks and contracts in progress3€202k€187k▼
Stocks30/36€202k€187k▼
Raw materials and consumables30/31€202k€187k▼
Amounts receivable within one year40/41€10.34M€15.47M▲
Trade receivables40€10.25M€15.23M▲
Other amounts receivable41€93k€243k▲
Cash at bank and in hand54/58€3.16M€4.51M▲
Deferred charges and accrued income490/1€995k€623k▼
Equity and liabilities
Total equity and liabilities10/49€52.44M€60.49M▲
Equity10/15€15.62M€15.33M▼
Contributions10/11€2.33M€2.33M=
Reserves13€3.81M€3.81M=
Tax-exempt reserves132€2.71M€2.71M=
Distributable reserves133€1.10M€1.10M=
Profit (loss) carried forward14€9.48M€9.18M▼
Amounts payable17/49€36.82M€45.16M▲
Amounts payable after more than one year17€9.12M€9.96M▲
Financial debts170/4€9.12M€9.96M▲
Subordinated loans170€3.56M€3.56M=
Leasing and similar obligations172€3.56M€3.84M▲
Credit institutions173€2.00M€2.00M=
Other loans174-€555k
Amounts payable within one year42/48€27.05M€32.38M▲
Current portion of amounts payable after more than one year42€1.60M€1.98M▲
Financial debts43€554k€523k▼
Credit institutions430/8€554k€523k▼
Trade debts44€5.81M€7.66M▲
Suppliers440/4€5.81M€7.66M▲
Taxes, remuneration and social security45€1.31M€1.56M▲
Taxes450/3€337k€629k▲
Remuneration and social security454/9€974k€935k▼
Other amounts payable47/48€17.77M€20.66M▲
Accrued charges and deferred income492/3€648k€2.82M▲
Income statement
Code20242025
Operating income70/76A€38.20M€39.39M▲
Turnover70€37.02M€35.70M▼
Other operating income74€1.03M€804k▼
Non-recurring operating income76A€147k€2.89M▲
Operating charges60/66A€36.85M€39.72M▲
Goods for resale, raw materials and consumables60€19.95M€19.97M▲
Purchases600/8€19.96M€19.95M=
Change in stocks: decrease (increase)609€-12k€15k▲
Services and other goods61€5.22M€5.63M▲
Remuneration, social security and pensions62€7.30M€7.41M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.28M€4.73M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€112k
Provisions for liabilities and charges: additions (uses and reversals)635/8€107k-
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€1.86M
Operating profit (loss)9901€1.34M€-335k▼
Financial income75/76B€279k€550k▲
Recurring financial income75€279k€550k▲
Income from current assets751€157k€153k▼
Other financial income752/9€122k€396k▲
Financial charges65/66B€1.04M€551k▼
Recurring financial charges65€1.04M€551k▼
Debt charges650€284k€535k▲
Other financial charges652/9€752k€16k▼
Profit (loss) for the period before taxes9903€589k€-336k▼
Income taxes67/77€179k€-40k▼
Taxes670/3€179k€14k▼
Tax adjustments and reversals of tax provisions77-€54k
Profit (loss) for the period9904€410k€-296k▼
Profit (loss) for the period to be appropriated9905€410k€-296k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9.48M€9.18M▼
Profit (loss) brought forward from the previous period14P€9.07M€9.48M▲
Social balance
Average headcount (FTE)908794.898.6▲
The notes to these accounts (78 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 119 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Back to profitnet €6.36M
Net result €6.36M after 2 loss-making years.
31-12
Financial
Equity above €10MEq €11.79M ▲117%
Equity rises from €5.43M to €11.79M.
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 145 days late
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 38 days late
2020
31-12
Financial
Weakest financial yearnet €-2.50M ▼177%
Net result drops to €-2.50M, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 84 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2025
Ian Dunhill: Resigned as Director
31-05-2024
Richard Williams: Resigned as Director
03-08-2023
Scott Hansen: Resigned as Director
10-10-2011
Gilles Verschueren: Resigned as Manager
Location & real-estate footprint
Registered office, Haacht · 1 establishment unit since 2008
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.
Vaartdijk(TIL) 63150 HaachtGround area
8,569 m²
Building footprint
4,065 m²
Volume, LiDAR
43,792 m³
Parcel 24108B0401/00D000, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Vaartdijk(TIL) 6, 3150 Haacht
since 20082.221.646.725
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24108B0401/00D000 | Flanders | 8,569 m² | 1 · 4,065 m² | 13.4 m · 4 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
2023 to 2025 · 4 entries · 8,011 EUR awarded · 8,011 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,000 EUR | 5,000 EUR |
| 2024 | 2 | 2,511 EUR | 2,511 EUR |
| 2023 | 1 | 500 EUR | 500 EUR |
Schemes
Premie kwalificerend werkplekleren
Vlaams opleidingsverlof (VOV)
Stagebonus (stopgezet)
European Union, budget
2022 · 1 entry · 18,735 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2022 | 1 | 18,735 EUR |
Projects
EUROPEAN BUSINESS AND NATURE SUMMIT, 18-19 OCTOBER 2022, BRUSSELS
Recognitions · licences · registrations
Dual-learning approval
10 live approvals · 4 endedAssistent podiumtechnicus (vwo)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Logistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Show 4 more
Podiuminstallaties duaal (so)
Podiumtechnicus (vwo)
Podiumtechnicus duaal (so)
Podiumtechnieken duaal (so)
Legal Entity Identifier
254900MY4P61BD9Q4X59
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Of 517 companies in sector 77222 we hold annual accounts for 165. 15 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2008
Fiscal year end31-12
Abbreviation NL
PRG
Activities, NACEBEL
77222Rental and leasing activities
90393Specialised image, lighting and sound technical services
59113Video and film production, excluding cinema and television films
59201Sound recording
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.