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Pri-Imo

Active
Public limited companyfounded 198244 yrs activeVijfseweg 136, 8790 Waregem, BelgiumKBO/BCE: BE 0422.853.979
Summary

For Pri-Imo, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €3.7m and a net result of -€1.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 8924 sector peers (fiscal year 2022). The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-100
Solvency81▼-16
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2022
Solvency, return and age of the figures
Solvency
55.6%
Return on assets
-15.2%
Age of the figures
45 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 44 years 0 50 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2024, 396 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
396 d late
2021
158 d late
2020
523 d late
2019
888 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 491 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Pri-Imo was incorporated on 1 May 1982.1 Revenue grew from EUR 133,207 in 2019 to EUR 1.2 million in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022

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Financials · fiscal year 2022, abbreviated schema

Turnover
€1.2m▲ 208%
2021 · €391,256
EBIT margin
-92.4%▼ 1616.9pp
2021 · 1524.5%
Net result
-€1.0m
2021 · €4.7m
Working capital
€3.7m▼ 21.9%
2021 · €4.7m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Turnover€133,207€181,497▲ 36.3%€391,256▲ 116%€1.2m▲ 208%
Operating result-€91,681--€404,065▼ 341%€72,143€6.0m▲ 8,168%-€1.1m
Net result-€104,726--€420,504▼ 302%€63,613within the sector's middle half€4.7mabove the sector's middle half▲ 7,303%-€1.0mbelow the sector's middle half
EBIT margin-303.3%39.7%▲ 343.1pp1524.5%▲ 1484.7pp-92.4%▼ 1616.9pp
Equity€342,438--€78,067-€14,454below the sector's middle half▲ 81.5%€4.7mabove the sector's middle half€3.7mabove the sector's middle half▼ 21.4%
Total assets€2.2m-€1.6m▼ 29.8%€1.0mwithin the sector's middle half▼ 36.5%€6.5mwithin the sector's middle half▲ 553%€6.6mabove the sector's middle half▲ 1.5%
Debt€1.9m-€1.7m▼ 13.1%€1.0m▼ 38.7%€1.8m▲ 80.8%€2.9m▲ 60.1%
Working capital-€566,221--€998,899▼ 76.4%-€360,735below the sector's middle half▲ 63.9%€4.7mabove the sector's middle half€3.7mabove the sector's middle half▼ 21.9%
Solvency15.2%--4.9%▼ 20.2pp-1.4%below the sector's middle half▲ 3.5pp71.9%above the sector's middle half▲ 73.3pp55.6%within the sector's middle half▼ 16.2pp
Current ratio0.68-0.37▼ 0.300.63within the sector's middle half▲ 0.263.55above the sector's middle half▲ 2.922.25within the sector's middle half▼ 1.31
Return on assets (ROA)-4.7%--26.7%▼ 22.0pp6.4%above the sector's middle half▲ 33.0pp72.1%above the sector's middle half▲ 65.8pp-15.2%below the sector's middle half▼ 87.3pp
Staff (FTE)1within the sector's middle half
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2022 Turnover +208% on 2021. The accounts now follow the abbreviated schema, last year the full schema.
  • 2019 Net result -302% on 2018. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€2.0m€0€2.0m€4.0m€6.0mOperating result 2018: -€91,681-€91,681Net result 2018: -€104,726-€104,726Operating result 2019: -€404,065-€404,065Net result 2019: -€420,504-€420,504Operating result 2020: €72,143€72,143Net result 2020: €63,613€63,613Operating result 2021: €6.0m€6.0mNet result 2021: €4.7m€4.7mOperating result 2022: -€1.1m-€1.1mNet result 2022: -€1.0m-€1.0m20182019202020212022-€2m€0€2m€4m€6mOperating result 2020: €72,143€72,100Net result 2020: €63,613€63,600Operating result 2021: €6.0m€6mNet result 2021: €4.7m€4.7mOperating result 2022: -€1.1m-€1.1mNet result 2022: -€1.0m-€1m202020212022
The operating result turns negative in 2022: a loss of €1.1m after €6.0m in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €6.6m
Fixed assets €23,486 ▲ 566%
Current assets €6.6m ▲ 1.2%
Equity and liabilities €6.6m
Equity €3.7m ▼ 21.4%
Debt €2.9m ▲ 60.1%
Debt's share of the balance-sheet total rises from 28.1% to 44.4%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€1.1m▼
2021 · €6.0m
Cash flow
-€1.0m▼
2021 · €4.7m
Quick ratio
1.79▼
2021 · 3.21
Debt to equity
0.80▲
2021 · 0.39
ROE
-27.3%▼
2021 · 100.3%
Interest coverage
-51.05▼
2021 · 411.78
Debt ≤ 1 year
€2.9m▲
2021 · €1.8m
Staff costs
€84,197▲
2021 · €707
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 66 lines
Balance sheet Code20212022
Assets
Total assets20/58€6.5m€6.6m▲
Fixed assets21/28€3,524€23,486▲
Tangible fixed assets22/27€3,519€23,481▲
Land and buildings22€3,519-
Plant, machinery and equipment23-€2,698
Furniture and vehicles24-€20,783
Financial fixed assets28€5€5=
Other financial fixed assets284/8€5-
Amounts receivable and cash guarantees285/8€5-
Current assets29/58€6.5m€6.6m▲
Stocks and contracts in progress3€637,206€1.3m▲
Stocks30/36€637,206€1.3m▲
Raw materials and consumables30/31€637,206-
Amounts receivable within one year40/41€2.7m€3.5m▲
Trade receivables40€190,678€375,411▲
Other amounts receivable41€2.5m€3.1m▲
Cash at bank and in hand54/58€3.2m€1.8m▼
Equity and liabilities
Total equity and liabilities10/49€6.5m€6.6m▲
Equity10/15€4.7m€3.7m▼
Contributions10/11€796,762€796,762=
Capital10€796,500€796,500=
Issued capital100€796,500€796,500=
Outside capital11€262€262=
Share premium1100/10€262€262=
Reserves13€469,358€469,358=
Non-distributable reserves130/1€35,237€35,237=
Legal reserve130€35,237€35,237=
Tax-exempt reserves132€112,473€112,473=
Distributable reserves133€321,647€321,647=
Profit (loss) carried forward14€3.4m€2.4m▼
Amounts payable17/49€1.8m€2.9m▲
Amounts payable within one year42/48€1.8m€2.9m▲
Current portion of amounts payable after more than one year42-€662,353
Trade debts44€279,872€1.0m▲
Suppliers440/4€279,872€1.0m▲
Advances received on contracts in progress46€274,000-
Taxes, remuneration and social security45€1.3m€1.3m▼
Taxes450/3€1.3m€1.3m▼
Remuneration and social security454/9€0€8,279▲
Income statement Code20212022
Operating income70/76A€8.7m-
Turnover70€391,256€1.2m▲
Non-recurring operating income76A€8.3m€278,243▼
Operating charges60/66A€2.7m-
Goods, raw materials, services and sundry goods60/61-€3.0m
Goods for resale, raw materials and consumables60€342,200-
Purchases600/8€342,200-
Remuneration, social security and pensions62€707€84,197▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,500€3,304▲
Other operating charges640/8€722€20,152▲
Non-recurring operating charges66A€2.4m-
Gross operating margin9900--€1.0m
Operating profit (loss)9901€6.0m-€1.1m▼
Financial income75/76B€22,386€127,437▲
Recurring financial income75€22,386€127,437▲
Income from financial fixed assets750€22,386-
Financial charges65/66B€14,489€21,709▲
Recurring financial charges65€14,489€21,709▲
Debt charges650€14,489-
Profit (loss) for the period before taxes9903€6.0m-€1.0m▼
Income taxes67/77€1.3m-
Taxes670/3€1.3m-
Profit (loss) for the period9904€4.7m-€1.0m▼
Profit (loss) for the period to be appropriated9905€4.7m-€1.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.4m€2.4m▼
Profit (loss) brought forward from the previous period14P-€1.3m€3.4m▲
Social balance
Average headcount (FTE)9087-1.0

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Operating income70/76A-€133,207€181,497€8.7m--
Turnover70-€133,207€181,497€391,256€1.2m▲ 208%
Non-recurring operating income76A---€8.3m€278,243▼ 96.6%
Operating charges60/66A-€537,272€109,354€2.7m--
Goods, raw materials, services and sundry goods60/61----€3.0m-
Goods for resale, raw materials and consumables60-€65,166€24,457€342,200--
Purchases600/8-€65,166€24,457€342,200--
Remuneration, social security and pensions62---€707€84,197▲ 11,811%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€85,826€68,038€1,500€3,304▲ 120%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€265,439----
Other operating charges640/8-€14,841€16,860€722€20,152▲ 2,689%
Non-recurring operating charges66A-€106,000-€2.4m--
Gross operating margin9900€28,853----€1.0m-
Operating profit (loss)9901-€91,681-€404,065€72,143€6.0m-€1.1m▼ 119%
Financial income75/76B---€22,386€127,437▲ 469%
Recurring financial income75€6,020--€22,386€127,437▲ 469%
Income from financial fixed assets750---€22,386--
Financial charges65/66B-€16,440€8,530€14,489€21,709▲ 49.8%
Recurring financial charges65€19,065€16,440€8,530€14,489€21,709▲ 49.8%
Debt charges650-€16,440€8,530€14,489--
Profit (loss) for the period before taxes9903-€104,726-€420,504€63,613€6.0m-€1.0m▼ 117%
Income taxes67/77---€1.3m--
Taxes670/3---€1.3m--
Profit (loss) for the period9904-€104,726-€420,504€63,613€4.7m-€1.0m▼ 121%
Profit (loss) for the period to be appropriated9905-€104,726-€420,504€63,613€4.7m-€1.0m▼ 121%
Line20182019202020212022Change
Assets
Total assets20/58€2.2m€1.6m€1.0m€6.5m€6.6m▲ 1.5%
Fixed assets21/28€1.1m€983,832€376,281€3,524€23,486▲ 566%
Tangible fixed assets22/27€1.1m€983,827€376,276€3,519€23,481▲ 567%
Land and buildings22-€863,827€271,276€3,519--
Plant, machinery and equipment23----€2,698-
Furniture and vehicles24----€20,783-
Other tangible fixed assets26-€120,000€105,000---
Financial fixed assets28€5€5€5€5€5=
Other financial fixed assets284/8-€5€5€5--
Amounts receivable and cash guarantees285/8-€5€5€5--
Current assets29/58€1.2m€593,364€624,684€6.5m€6.6m▲ 1.2%
Stocks and contracts in progress3€610,000€580,000€547,000€637,206€1.3m▲ 111%
Stocks30/36-€580,000€547,000€637,206€1.3m▲ 111%
Raw materials and consumables30/31-€580,000€547,000€637,206--
Amounts receivable within one year40/41€134,947€13,364€4,846€2.7m€3.5m▲ 28.6%
Trade receivables40-€13,364€4,846€190,678€375,411▲ 96.9%
Other amounts receivable41---€2.5m€3.1m▲ 23.4%
Cash at bank and in hand54/58€1,299-€72,838€3.2m€1.8m▼ 43.7%
Equity and liabilities
Total equity and liabilities10/49€2.2m€1.6m€1.0m€6.5m€6.6m▲ 1.5%
Equity10/15€342,438-€78,067-€14,454€4.7m€3.7m▼ 21.4%
Contributions10/11€796,500€796,762€796,762€796,762€796,762=
Capital10-€796,500€796,500€796,500€796,500=
Issued capital100-€796,500€796,500€796,500€796,500=
Outside capital11-€262€262€262€262=
Share premium1100/10-€262€262€262€262=
Reserves13€469,358€469,358€469,358€469,358€469,358=
Non-distributable reserves130/1-€35,237€35,237€35,237€35,237=
Legal reserve130-€35,237€35,237€35,237€35,237=
Tax-exempt reserves132-€112,473€112,473€112,473€112,473=
Distributable reserves133-€321,647€321,647€321,647€321,647=
Profit (loss) carried forward14-€923,682-€1.3m-€1.3m€3.4m€2.4m▼ 29.3%
Amounts payable17/49€1.9m€1.7m€1.0m€1.8m€2.9m▲ 60.1%
Amounts payable after more than one year17€161,000€63,000€30,000---
Financial debts170/4-€63,000€30,000---
Credit institutions173-€63,000€30,000---
Amounts payable within one year42/48€1.7m€1.6m€985,418€1.8m€2.9m▲ 60.1%
Current portion of amounts payable after more than one year42-€470,000€261,277-€662,353-
Financial debts43-€1,768----
Credit institutions430/8-€1,768----
Trade debts44€85,142€106,918€16,692€279,872€1.0m▲ 261%
Suppliers440/4-€106,918€16,692€279,872€1.0m▲ 261%
Advances received on contracts in progress46-€30,000-€274,000--
Taxes, remuneration and social security45-€48,138€14,934€1.3m€1.3m▼ 1.1%
Taxes450/3-€48,138€14,934€1.3m€1.3m▼ 1.8%
Remuneration and social security454/9---€0€8,279▲ 2,854,614%
Other amounts payable47/48-€935,439€692,517---
Line20182019202020212022Change
Profit (loss) for the period9904-€104,726-€420,504€63,613€4.7m-€1.0m▼ 121%
+ Depreciation and write-downs630-€85,826€68,038€1,500€3,304▲ 120%
Operating cash flow (approximation)-€104,726-€334,678€131,651€4.7m-€1.0m▼ 121%
Investment in fixed assets (approximation)-€0€539,514€371,256-€23,265▼ 106%
Change in cash---€3.1m-€1.4m▼ 145%

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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Timeline · acts, filings and financial milestones

2024
30-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 396 days late
2023
05-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 158 days late
05-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 523 days late
05-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 888 days late
2022
31-12
Financial Weakest financial yearnet -€1.0m
Net result drops to -€1.0m, the lowest in the series.
2021
31-12
Financial Highest result since 2018net €4.7m ▲7,303%
Operating result €6.0m, net result €4.7m, both a record.
31-12
Financial Liquidity times 6current ratio 3.55
Current ratio from 0.63 to 3.55.
31-12
Financial Equity above €2mEq €4.7m
2 profitable years in a row build equity to €4.7m.
2020
31-12
Financial Back to profitnet €63,613
Net result €63,613 after 2 loss-making years.
15-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 168 days late
2018
12-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 104 days late
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Show earlier events
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
08-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 221 days late
2014
29-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Waregem · 1 establishment unit since 1982
seat establishment The establishment unit on the map
Ground area
1.3 ha
Building footprint
6,552 m²
Volume, LiDAR
57,674 m³
2 parcels, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PRI IMO
Meirestraat(KRU) 22, 9770 KruisemActivities of head offices; management consultancy activities
since 19822.021.088.535
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45017C0851/00D000 Flanders 7,294 m² 1 · 6,097 m² 10.7 m · 3 fl.
34040C0204/00E000 Flanders 5,424 m² 1 · 456 m² 14.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

984500FID7FAA6N36432
live in the LEI register

Similar companies · same sector, comparable size

Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. 3,569 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded01-05-1982
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0422853979
Registered 03-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

General meetings

1 convocation
Ordinary general meeting
published 26-04-2005
Agenda
1. Verslag van de bestuurders en van de commissaris. 2. Goedkeuring der jaarrekening. 3. Bestemming resultaat. 4. Ontlasting aan bestuur- ders en aan de commissaris. 5. Statutaire benoemingen. 6. Diversen. (73453) Pimiento Invest, naamloze vennootschap, Grote Markt 22/1B, 8370 Blankenberge BTW 464.225.568 — RPR Brugge Jaarvergadering op 17.05.2005, om 16 uur, op de zetel. — Agenda : Jaarverslag. Goedkeuring jaarrekening. Kwijting bestuurders. (73454) Pools, naamloze vennootschap, Ooststraat 7, 8800 Roeselare BTW 419.017.531 — RPR Kortrijk De aandeelhouders worden uitgenodigd tot de jaarvergadering die zal gehouden worden op de zetel van de vennootschap op 17.05.2005, om 17 uur. — Agenda : 1. ...