UNDER PRESSURE
ActiveSummary
UNDER PRESSURE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-78k) and a net result of €-18k. Equity is shrinking by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 1316 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.01 in 2024; short-term debt: 370.1% and cash: 8.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-270.1%
Return on assets
-62.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18202122232425
2018 to 2025 · latest year €-78k
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
26 d late
2023
5 d early
2022
32 d late
2021
30 d late
2020
31 d late
2018
21 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-78k▼ 30.4%
2024 · €-60k
2018: €10khighest value
2020: €-24k
2021: €-24k▼ -1.4% vs 2020
2022: €-39k▼ -64.8% vs 2021
2023: €-41k▼ -4.1% vs 2022
2024: €-60k▼ -45.5% vs 2023
2025: €-78k▼ -30.4% vs 2024lowest value
2018 → 2025
Total assets
€29k▼ 28.1%
2024 · €40k
2018: €128khighest value
2020: €75k
2021: €79k▲ +5.1% vs 2020
2022: €61k▼ -22.7% vs 2021
2023: €56k▼ -7.2% vs 2022
2024: €40k▼ -28.9% vs 2023
2025: €29k▼ -28.1% vs 2024lowest value
2018 → 2025
Net result
€-18k▲ 3.0%
2024 · €-19k
2018: €4khighest value
2020: €-28klowest value
2021: €-340▲ +98.8% vs 2020
2022: €-15k▼ -4454% vs 2021
2023: €-2k▲ +89.5% vs 2022
2024: €-19k▼ -1054% vs 2023
2025: €-18k▲ +3.0% vs 2024
2018 → 2025
Working capital
€-104k▼ 5.9%
2024 · €-98k
2018: €-104klowest value
2020: €-95k
2021: €-91k▲ +4.3% vs 2020
2022: €-96k▼ -5.2% vs 2021
2023: €-86k▲ +10.3% vs 2022highest value
2024: €-98k▼ -14.3% vs 2023
2025: €-104k▼ -5.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-24k-€-39k▼ 64.8%€-41k▼ 4.1%€-60k▼ 45.5%€-78k▼ 30.4%
2021: €-24khighest in 5 years
2022: €-39k▼ -64.8% vs 2021
2023: €-41k▼ -4.1% vs 2022
2024: €-60k▼ -45.5% vs 2023
2025: €-78k▼ -30.4% vs 2024lowest in 5 years
Operating result€-210-€-15k▼ 7,251%€-2k▲ 89.9%€-19k▼ 1,093%€-18k▲ 2.8%
2021: €-210highest in 5 years
2022: €-15k▼ -7251% vs 2021
2023: €-2k▲ +89.9% vs 2022
2024: €-19k▼ -1093% vs 2023lowest in 5 years
2025: €-18k▲ +2.8% vs 2024
Net result€-340-€-15k▼ 4,454%€-2k▲ 89.5%€-19k▼ 1,054%€-18k▲ 3.0%
2021: €-340highest in 5 years
2022: €-15k▼ -4454% vs 2021
2023: €-2k▲ +89.5% vs 2022
2024: €-19k▼ -1054% vs 2023lowest in 5 years
2025: €-18k▲ +3.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€26k ▼ 31.9%
Current assets
€3k ▲ 69.8%
Key figures and ratios
EBITDA
€-6k▲
2024 · €-7k
Cash flow
€-6k▲
2024 · €-7k
Solvency
-270.1%▼
2024 · -148.9%
Current ratio
0.02▲
2024 · 0.01
Debt to equity
-1.37▲
2024 · -1.67
ROA
-62.9%▼
2024 · -46.6%
Interest coverage
-128.48▼
2024 · -88.54
Debt
€107k▲
2024 · €100k
Debt ≤ 1 year
€107k▲
2024 · €100k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€40k€29k▼
Fixed assets21/28€39k€26k▼
Tangible fixed assets22/27€39k€26k▼
Land and buildings22€31k€22k▼
Furniture and vehicles24€7k€5k▼
Current assets29/58€1k€3k▲
Amounts receivable within one year40/41€59€203▲
Trade receivables40€0-
Other amounts receivable41€59€203▲
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€40k€29k▼
Equity10/15€-60k€-78k▼
Contributions10/11€6k€6k=
Reserves13€180€180=
Non-distributable reserves130/1€180€180=
Reserves not available under the articles1311€180€180=
Profit (loss) carried forward14€-66k€-84k▼
Amounts payable17/49€100k€107k▲
Amounts payable within one year42/48€100k€107k▲
Trade debts44€83€153▲
Suppliers440/4€83€153▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€100k€107k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-5k€-4k▲
Operating profit (loss)9901€-19k€-18k▲
Financial charges65/66B€75€45▼
Recurring financial charges65€75€45▼
Profit (loss) for the period before taxes9903€-19k€-18k▲
Profit (loss) for the period9904€-19k€-18k▲
Profit (loss) for the period to be appropriated9905€-19k€-18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-84k▼
Profit (loss) brought forward from the previous period14P€-47k€-66k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €264 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €11k | €11k | €12k | €12k | ▲ 3.1% |
| Other operating charges640/8 | €1k | €1k | €1k | €1k | €2k | ▲ 10.8% |
| Gross operating margin9900 | €12k | €-3k | €12k | €-5k | €-4k | ▲ 20.3% |
| Operating profit (loss)9901 | €-210 | €-15k | €-2k | €-19k | €-18k | ▲ 2.8% |
| Financial charges65/66B | €130 | €44 | €59 | €75 | €45 | ▼ 40.3% |
| Recurring financial charges65 | €130 | €44 | €59 | €75 | €45 | ▼ 40.3% |
| Profit (loss) for the period before taxes9903 | €-340 | €-15k | €-2k | €-19k | €-18k | ▲ 3.0% |
| Profit (loss) for the period9904 | €-340 | €-15k | €-2k | €-19k | €-18k | ▲ 3.0% |
| Profit (loss) for the period to be appropriated9905 | €-340 | €-15k | €-2k | €-19k | €-18k | ▲ 3.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79k | €61k | €56k | €40k | €29k | ▼ 28.1% |
| Fixed assets21/28 | €67k | €56k | €45k | €39k | €26k | ▼ 31.9% |
| Tangible fixed assets22/27 | €67k | €56k | €45k | €39k | €26k | ▼ 31.9% |
| Land and buildings22 | €59k | €50k | €41k | €31k | €22k | ▼ 30.8% |
| Furniture and vehicles24 | €8k | €6k | €4k | €7k | €5k | ▼ 36.7% |
| Current assets29/58 | €11k | €4k | €11k | €1k | €3k | ▲ 69.8% |
| Amounts receivable within one year40/41 | €10k | €2k | €7k | €59 | €203 | ▲ 242% |
| Trade receivables40 | €10k | €700 | €7k | €0 | - | - |
| Other amounts receivable41 | €47 | €2k | €0 | €59 | €203 | ▲ 242% |
| Cash at bank and in hand54/58 | €2k | €2k | €4k | €1k | €2k | ▲ 62.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79k | €61k | €56k | €40k | €29k | ▼ 28.1% |
| Equity10/15 | €-24k | €-39k | €-41k | €-60k | €-78k | ▼ 30.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €180 | €180 | €180 | €180 | €180 | = |
| Non-distributable reserves130/1 | €180 | €180 | €180 | €180 | €180 | = |
| Reserves not available under the articles1311 | €180 | €180 | €180 | €180 | €180 | = |
| Profit (loss) carried forward14 | €-30k | €-46k | €-47k | €-66k | €-84k | ▼ 27.4% |
| Amounts payable17/49 | €103k | €100k | €97k | €100k | €107k | ▲ 6.9% |
| Amounts payable within one year42/48 | €103k | €100k | €97k | €100k | €107k | ▲ 6.9% |
| Trade debts44 | €1k | €87 | €93 | €83 | €153 | ▲ 84.4% |
| Suppliers440/4 | €1k | €87 | €93 | €83 | €153 | ▲ 84.4% |
| Taxes, remuneration and social security45 | €42 | €42 | €835 | €0 | - | - |
| Taxes450/3 | €42 | €42 | €835 | €0 | - | - |
| Other amounts payable47/48 | €101k | €100k | €97k | €100k | €107k | ▲ 6.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-340 | €-15k | €-2k | €-19k | €-18k | ▲ 3.0% |
| + Depreciation and write-downs630 | €11k | €11k | €11k | €12k | €12k | ▲ 3.1% |
| Operating cash flow (approximation) | €11k | €-4k | €10k | €-7k | €-6k | ▲ 13.7% |
| Investment in fixed assets (approximation) | - | €-727 | €0 | €-6k | €0 | ▲ 100% |
| Change in cash | - | €402 | €2k | €-3k | €899 | ▲ 131% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Antwerpen · 1 establishment unit since 2005
Ground area
2,335 m²
Building footprint
292 m²
Volume, LiDAR
5,116 m³
Parcel 11804D3486/00M006, Flanders · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Under Pressure
since 20052.147.915.342
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D3486/00M006 | Flanders | 2,335 m² | 1 · 292 m² | 21.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,225 companies in sector 33200 we hold annual accounts for 677. 283 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.