Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PRAYON from Engis, company number BE0405747040, closed financial year 2025 with a result of € -14.9 million after tax. For that financial year PRAYON recorded revenue of € 874.4 million and equity of € 202.2 million. Compared with financial year 2024, the result moved from € 3.5 million to € -14.9 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 202.2 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14.9 million
▼ still € 3.5 million profit in 2024
Profit after tax over the fiscal year.
€ 49.1 million
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 152.4 million.
People and assets in 2025
1,082.8
▲ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 128.4 million
▲ 3% vs 2024
€ 118,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11.4 million
▼ 40% vs 2024
Of which on lease € 8.1 million.
Debts at end 2025
€ 468.4 million
▲ 20% vs 2024
€ 2.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 127 million
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.
€ 30.5 million
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,356,685,676 | € 939,926,731 | € 925,631,617 | € 874,446,322 | ▼ 6% |
| Profit after taxes | € 102,434,040 | € 48,779,628 | € 3,457,439 | € -14,860,336 | ▼ € 18.3 million |
| Equity | € 183,937,313 | € 216,678,940 | € 217,097,704 | € 202,198,968 | ▼ 7% |
| Total debts | € 608,514,617 | € 524,353,081 | € 610,000,402 | € 653,211,485 | ▲ 7% |
| Cash | € 63,310,190 | € 44,910,159 | € 37,433,557 | € 49,127,381 | ▲ 31% |
| Land & buildings | € 21,396,141 | € 21,784,260 | € 23,518,410 | € 33,079,614 | ▲ 41% |
| Retained profit | € 133,983,286 | € 166,762,914 | € 167,220,353 | € 152,360,017 | ▼ 9% |
| Dividend | € 8,000,000 | € 16,000,000 | € 3,000,000 | € 0 | ▼ 100% |
| Bank debt | € 362,433,874 | € 306,741,758 | € 389,881,392 | € 468,440,033 | ▲ 20% |
| Balance sheet total | € 797,057,075 | € 747,175,163 | € 834,464,407 | € 861,801,889 | ▲ 3% |
| Employees (FTE) | 1,022 | 1,093.2 | 1,080 | 1,082.8 | ▲ 2.8 |
Key figures of PRAYON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PRAYON?
What happened at PRAYON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hanane MOURCHID stepped down as director. NBB
- Ahmed MAHROU stepped down as director. NBB
- Rodolphe COLLINET stepped down as director. NBB
- Laurence GLAUTIER stepped down as director. NBB
- Karim LOFTI SENHDJI stepped down as director. NBB
- SPARAXIS SA stepped down as director. NBB
- Geoffrey CLOSE stepped down as director. NBB
- Olivier VANDERIJST stepped down as director. NBB
In short
From € 102.4 million profit in 2022 to € 14.9 million loss in 2025.
Paid € 15.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 102.4 million profit.
Paid out € 27 million in dividends to the owners in total.
Management
The shares are held by Wallonie Entreprendre (WE) (46%) and Office Chérifien des Phosphates (OCP) (46%). It owns 100% of beLife, 100% of Prayteck Maroc, 100% of Prayon Réassurance, 100% of Prayon UK, 100% of Prayon Benelux and 100% of Prayon Deutschalnd itself.
Directors
According to the 2025 annual accounts
Laurence GLAUTIER
Director
Also active at: NATIONALE MAATSCHAPPIJ DER BELGISCHE SPOORWEGEN, FONDS DE PARTICIPATION WALLONIE, AMERIGO, WALLONIE ENTREPRENDRE INTERNATIONAL, SOCIETE WALLONNE POUR LE FINANCEMENT DES INFRASTUCTURES DES POLES DE COMPETITIVITES, WE Accompagnement et Stratégie
since 2024 · until 2027
Karim LOFTI SENHDJI
Director
since 2024 · until 2027
Director · represented by Yves MEURICE
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +224 more
since 2024 · until 2027
Hanane MOURCHID
Director
since 2024 · until 2027
since 2024 · until 2027
since 2024 · until 2027
Ahmed MAHROU
Director
since 2025 · until 2027
Mohamed SOUAL
Director
since 2024 · until 2027
Hicham EL HABTI
Director
since 2024 · until 2025
Rodolphe COLLINET
Director
since 2024 · until 2027
Shareholders
Office Chérifien des Phosphates (OCP)
46%
Participations
100%
Prayteck Maroc
100%
Prayon Réassurance
100%
Prayon UK
100%
100%
Prayon Deutschalnd
100%
Prayon Iberica
100%
Prayon Switzerland
100%
Prayon Inc.
75%
TECHNOPHOS JSCO
50%
Prayon Italia
50%
50%
Seco
50%
Emaphos
33.3%
Casper
20%
15%
Société Nouvelle des Couleurs Zinciques
0.1%
Establishments
Establishment units
Physical locations of this company
Rue Joseph Wauters(ENG) 144
4480 Engis
Gansbroekstraat 31
2870 Puurs-Sint-Amands
Active since 1 October 1928
Rue de la Digue 22
4400 Flémalle
Active since 1 August 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.747.040
- VAT number
- BE 0405.747.040
- Registered office
- Rue Joseph Wauters(ENG) 144, 4480 Engis
- Names & denominations
- PRAYON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1928
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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