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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2024.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 3 March 2026 and has not been filed.
Financials
Financial year 2024
Precision Dynamics Europe from Nivelles, company number BE0469844640, closed financial year 2024 with a result of € -8,794 after tax. For that financial year Precision Dynamics Europe recorded revenue of € 11.4 million and equity of € -1.5 million. Compared with financial year 2022, the result moved from € -1,404 to € -8,794. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 3, 2025.
€ -1.5 million
▼ € 225,149 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,794
▼ 526 % more loss than in 2022
Profit after tax over the fiscal year.
€ 30,550
▼ 87% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
People and assets in 2024
37
▲ 4.3 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 3% vs 2022
€ 72,300 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1 million
▼ 31% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 426,651
▼ 22% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2024 | Change 2022 → 2024 | |
|---|---|---|---|
| Revenue | € 10,290,546 | € 11,377,230 | ▲ 11% |
| Profit after taxes | € -1,404 | € -8,794 | ▼ € 7,390 |
| Equity | € -1,312,519 | € -1,537,668 | ▼ € 225,149 |
| Total debts | € 8,234,971 | € 5,284,937 | ▼ 36% |
| Cash | € 232,498 | € 30,550 | ▼ 87% |
| Retained profit | € -1,331,119 | € -1,556,268 | ▼ € 225,149 |
| Balance sheet total | € 7,076,343 | € 3,875,044 | ▼ 45% |
| Employees (FTE) | 32.7 | 37 | ▲ 4.3 |
Key figures of Precision Dynamics Europe, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 3 March 2026.
What happened to Precision Dynamics Europe?
What happened at Precision Dynamics Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 8,794. Source: NBB ↗
- Ann Thornton became a director. NBB
- Russell Richard Shaller became a director. NBB
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,404 loss in 2022 to € 8,794 loss in 2024.
Paid € 13,200 in corporate taxes since 2022.
Pays suppliers within 37 days on average.
Management
The stake of W.H. Brady comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Precision Dynamics EuropeBehind Precision Dynamics Europe are Russell Richard Shaller and Ann Thornton. The shares are held by W.H. Brady (100%).
Directors
According to the 2024 annual accounts
Russell Richard Shaller
Director
since 2022
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Altiero Spinelli 9
1401 Nivelles
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
VERCARA - Vercara, LLC, US
Website info
Features
Security
Details
- Company number
- 0469.844.640
- VAT number
- BE 0469.844.640
- Registered office
- Rue Altiero Spinelli 9, 1401 Nivelles
- Names & denominations
- Precision Dynamics Europe · PDC Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2000
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- pdc-big.be
- Activities · NACE
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