Equity
-€8,654
Debts exceed assets in financial year 2025.
PRYCAR
Lifetime
5 annual accounts with figures on one time axispeak -€714 (2020)
-€1,416
lowest -€2,956 (2021)
-€2,022
peak €4,964 (2020)
-€8,654
€15,649
Board2 names since 2019
2 directors and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Loss of €2,022No annual accounts filed for 2024
Key points
from the 2025 annual accountsLosses
-€11,493 in five years
Every financial year from 2020 to 2025 closed with a loss. 2021 was the heaviest.
Debts
€15,649 224% of the balance sheet
After one year 3%Within one year 97%
Of this, €15,250 falls due within a year.
2025 accounts filed 61 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,018 companies had the same profile as PRYCAR has now. Each dot stands for 16 companies, two years later.
82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,018 companies, not a prediction for PRYCAR. 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.
Credit verdict
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Signals
Board and ownership
Manager, , since 28-03-2019
Manager, , since 28-03-2019
- 50%equity €347,962 (2023) · 30-06-2023 annual accounts of
- 50%equity €227,982 (2022) · 2022 annual accounts of
Recent changes
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointments: (manager) and (manager) · published on 01-04-2019 · Gazette deed
First establishment
Brugstraat 77, Wevelgem
Official details
Source: KBO- Status
- Active since 28-03-2019Normal situation
- Activity
- “Tussenpersoon in verzekeringen en kredieten” (deed in Dutch)From the articles, 14 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.288.429.5428560 Wevelgem, since 28-03-2019
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on PRYCAR
PRYCAR files the micro format. That format states no turnover. The gross margin fell from -€714 in 2020 to -€1,416 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PRYCAR
- What is the company number of PRYCAR?
- The company number of PRYCAR is 0723.733.133. The VAT number is the same number with BE in front: BE 0723.733.133.
- Where is PRYCAR based?
- The registered office is at Brugstraat 77, 8560 Wevelgem.Company details
- What is the legal form of PRYCAR?
- PRYCAR is a private limited company (pre-2019) (BVBA).
- When was PRYCAR founded?
- PRYCAR was founded on 28-03-2019.
- Is PRYCAR still active?
- Yes, PRYCAR is an active enterprise in the KBO register.
- What is the turnover of PRYCAR?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is PRYCAR profitable?
- In financial year 2025, PRYCAR made a loss of €2,022.
- Where can I find the annual accounts of PRYCAR?
- PRYCAR filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PRYCAR due?
- PRYCAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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