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SKY PRECISION

Active
Private limited companyfounded 2025active for 1 yearRue Les Cours 254, 4910 Theux, BelgiumKBO/BCE: BE 1020.796.821
Summary

SKY PRECISION has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€5,688) and a net result of -€8,688. Its solvency ranks better than 9% of 2,503 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, abbreviated format

Equity
-€5,688
Total assets
€74,625
Net result
-€8,688
Working capital
€8,478

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €73,023
Fixed assets €63,373
Current assets €9,651
Equity and liabilities
Equity-€5,688
Debt€80,313
Equity is negative: debt (€80,313) exceeds the balance-sheet total (€74,625).
Key figures and ratios
2025 value
EBITDA
€1,600
Cash flow
-€584
Solvency
-7.6%
Current ratio
8.23
ROA
-11.6%
Interest coverage
0.73
Debt
€80,313
Debt ≤ 1 year
€1,173
Debt > 1 year
€79,140
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90.0% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
4.2% went bankrupt
5.5% stopped otherwise
90.0% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€74,625
Formation expenses20€1,602
Fixed assets21/28€63,373
Intangible fixed assets21€1,244
Tangible fixed assets22/27€62,129
Plant, machinery and equipment23€25,968
Furniture and vehicles24€30,531
Other tangible fixed assets26€5,630
Current assets29/58€9,651
Amounts receivable within one year40/41€3,736
Trade receivables40€3,736
Cash at bank and in hand54/58€4,541
Deferred charges and accrued income490/1€1,373
Equity and liabilities
Total equity and liabilities10/49€74,625
Equity10/15-€5,688
Contributions10/11€3,000
Profit (loss) carried forward14-€8,688
Amounts payable17/49€80,313
Amounts payable after more than one year17€79,140
Other amounts payable178/9€79,140
Amounts payable within one year42/48€1,173
Trade debts44€238
Suppliers440/4€238
Taxes, remuneration and social security45€876
Taxes450/3€876
Other amounts payable47/48€59
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,104
Other operating charges640/8€1,942
Gross operating margin9900€3,542
Operating profit (loss)9901-€6,504
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€2,198
Recurring financial charges65€2,198
Profit (loss) for the period before taxes9903-€8,688
Profit (loss) for the period9904-€8,688
Profit (loss) for the period to be appropriated9905-€8,688
Appropriation of the result
Profit (loss) to be appropriated9906-€8,688

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,104
Other operating charges640/8€1,942
Gross operating margin9900€3,542
Operating profit (loss)9901-€6,504
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€2,198
Recurring financial charges65€2,198
Profit (loss) for the period before taxes9903-€8,688
Profit (loss) for the period9904-€8,688
Profit (loss) for the period to be appropriated9905-€8,688
Line2025
Assets
Total assets20/58€74,625
Formation expenses20€1,602
Fixed assets21/28€63,373
Intangible fixed assets21€1,244
Tangible fixed assets22/27€62,129
Plant, machinery and equipment23€25,968
Furniture and vehicles24€30,531
Other tangible fixed assets26€5,630
Current assets29/58€9,651
Amounts receivable within one year40/41€3,736
Trade receivables40€3,736
Cash at bank and in hand54/58€4,541
Deferred charges and accrued income490/1€1,373
Equity and liabilities
Total equity and liabilities10/49€74,625
Equity10/15-€5,688
Contributions10/11€3,000
Profit (loss) carried forward14-€8,688
Amounts payable17/49€80,313
Amounts payable after more than one year17€79,140
Other amounts payable178/9€79,140
Amounts payable within one year42/48€1,173
Trade debts44€238
Suppliers440/4€238
Taxes, remuneration and social security45€876
Taxes450/3€876
Other amounts payable47/48€59
Line2025
Profit (loss) for the period9904-€8,688
+ Depreciation and write-downs630€8,104
Operating cash flow (approximation)-€584

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 28-05-2026 2026-00123965

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 2,140 active companies whose main activity is other technical testing and analysis (NACE 71209), figures are known for 1,098. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.