Prima LNG
ActivePrima LNG has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38.70M and a net result of €1.03M. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 91% of 4826 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-9
Solvency100▲+1
Growth81▲+1
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 8.84 against 1.95 in 2024), and 13% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87%
Return on assets
2.3%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
13 d early
2023
30 d late
2022
17 d early
2021
31 d late
2020
1 d early
2019
112 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€75.16M▲ 21.2%
2024 · €62.01M
2018: €25.72M
2019: €29.63M
2020: €29.15M
2021: €82.33M
2022: €197.67M
2023: €79.49M
2024: €62.01M
2018 → 2025
EBIT margin
1.3%▼ 1.3pp
2024 · 2.6%
2018: -7.8%
2019: -4.2%
2020: 0.1%
2021: 1.7%
2022: 2.0%
2023: 2.3%
2024: 2.6%
2018 → 2025
Net result
€1.03M▼ 30.5%
2024 · €1.49M
2018: €-2.08M
2019: €-1.24M
2020: €-51k
2021: €1.20M
2022: €3.36M
2023: €1.65M
2024: €1.49M
2018 → 2025
Working capital
€34.36M▲ 319%
2024 · €8.20M
2018: €2.43M
2019: €4.32M
2020: €-260k
2021: €3.91M
2022: €8.04M
2023: €2.46M
2024: €8.20M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€82.33M-€197.67M▲ 140%€79.49M▼ 59.8%€62.01M▼ 22.0%€75.16M▲ 21.2%
Equity€31.16M-€34.53M▲ 10.8%€36.18M▲ 4.8%€37.66M▲ 4.1%€38.70M▲ 2.7%
Operating result€1.43M-€3.88M▲ 171%€1.87M▼ 51.8%€1.60M▼ 14.3%€997k▼ 37.7%
Net result€1.20M-€3.36M▲ 180%€1.65M▼ 50.9%€1.49M▼ 10.1%€1.03M▼ 30.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 38% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44.49M
Fixed assets
€5.74M▼ 80.9%
Current assets
€38.74M▲ 130%
Equity and liabilities €44.49M
Equity
€38.70M▲ 2.7%
Provisions
€1.39M▲ 133%
Debt
€4.40M▼ 49.1%
The debt ratio falls from 18.4% to 9.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€4.17M▼
2024 · €5.29M
Cash flow
€4.21M▼
2024 · €5.18M
Solvency
87.0%▲
2024 · 80.3%
Current ratio
8.84▲
2024 · 1.95
Quick ratio
8.81▲
2024 · 1.89
Debt / equity
0.11▼
2024 · 0.23
ROE
2.7%▼
2024 · 3.9%
ROA
2.3%▼
2024 · 3.2%
Interest coverage
305.47▲
2024 · 32.35
Debt
€4.40M▼
2024 · €8.65M
Debt ≤ 1 year
€4.38M▼
2024 · €8.62M
Income taxes
€1k▼
2024 · €110k
Staff costs
€3.01M▲
2024 · €1.80M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€46.91M€44.49M▼
Fixed assets21/28€30.10M€5.74M▼
Intangible fixed assets21€59k€0▼
Tangible fixed assets22/27€29.97M€5.68M▼
Plant, machinery and equipment23€24.00M€4.33M▼
Furniture and vehicles24€4.12M€1.26M▼
Assets under construction and advance payments27€1.85M€87k▼
Financial fixed assets28€63k€63k=
Other financial fixed assets284/8€63k€63k=
Amounts receivable and cash guarantees285/8€63k€63k=
Current assets29/58€16.82M€38.74M▲
Stocks and contracts in progress3€531k€144k▼
Stocks30/36€531k€144k▼
Goods purchased for resale34€531k€144k▼
Amounts receivable within one year40/41€11.70M€37.72M▲
Trade receivables40€6.66M€22.75M▲
Other amounts receivable41€5.05M€14.97M▲
Cash at bank and in hand54/58€4.55M€799k▼
Deferred charges and accrued income490/1€28k€79k▲
Equity and liabilities
Total equity and liabilities10/49€46.91M€44.49M▼
Equity10/15€37.66M€38.70M▲
Contributions10/11€40.06M€40.06M=
Capital10€40.06M€40.06M=
Issued capital100€40.06M€40.06M=
Profit (loss) carried forward14€-2.40M€-1.36M▲
Provisions and deferred taxes16€594k€1.39M▲
Provisions for liabilities and charges160/5€594k€1.39M▲
Other liabilities and charges164/5€594k€1.39M▲
Amounts payable17/49€8.65M€4.40M▼
Amounts payable within one year42/48€8.62M€4.38M▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€1.48M€0▼
Credit institutions430/8€1.48M€0▼
Trade debts44€6.67M€3.98M▼
Suppliers440/4€6.67M€3.98M▼
Taxes, remuneration and social security45€463k€400k▼
Taxes450/3€73k€29k▼
Remuneration and social security454/9€390k€371k▼
Accrued charges and deferred income492/3€33k€22k▼
Income statement
Code20242025
Operating income70/76A€62.02M€75.17M▲
Turnover70€62.01M€75.16M▲
Other operating income74€3k€11k▲
Operating charges60/66A€60.42M€74.17M▲
Goods for resale, raw materials and consumables60€52.90M€66.19M▲
Purchases600/8€53.08M€65.80M▲
Change in stocks: decrease (increase)609€-175k€387k▲
Services and other goods61€1.99M€1.75M▼
Remuneration, social security and pensions62€1.80M€3.01M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.69M€3.18M▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-3k€-420k▼
Other operating charges640/8€28k€470k▲
Non-recurring operating charges66A€9k€191▼
Operating profit (loss)9901€1.60M€997k▼
Financial income75/76B€185k€104k▼
Recurring financial income75€185k€104k▼
Income from current assets751€104k€95k▼
Other financial income752/9€80k€10k▼
Financial charges65/66B€187k€67k▼
Recurring financial charges65€187k€67k▼
Debt charges650€163k€14k▼
Other financial charges652/9€24k€53k▲
Profit (loss) for the period before taxes9903€1.60M€1.03M▼
Income taxes67/77€110k€1k▼
Taxes670/3€110k€1k▼
Profit (loss) for the period9904€1.49M€1.03M▼
Profit (loss) for the period to be appropriated9905€1.49M€1.03M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.40M€-1.36M▲
Profit (loss) brought forward from the previous period14P€-3.88M€-2.40M▲
Social balance
Average headcount (FTE)908714.613.3▼
The notes to these accounts (64 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
State Gazette act
Resignations & appointmentsBoard meeting · Director resignation · Power of attorney3 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director resignation · Power of attorney3 facts ▸
- Board meeting, 2026-07-10
- Director resignation, Peter Frühwirth (dagelijks bestuurder)
- Power of attorney, Monard Law BV
25-08
State Gazette act
Capital & shares · Statutes amendmentGeneral meeting · Capital decrease · Capital6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
General meeting · Capital decrease · Capital6 facts ▸
- General meeting, 2026-08-21
- Capital decrease, €36.650.000
- Capital, €3.411.500
- Statutes amendment
- Power of attorney, Peter VAN MELKEBEKE
- Management powers, Machten aan het bestuursorgaan
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity times 5current ratio 8.84
Current ratio from 1.95 to 8.84; short-term debt falls from €8.62M to €4.38M.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €3.36M ▲180%
Operating result €3.88M, net result €3.36M, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €1.20M
Net result €1.20M after 3 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 112 days late
2019
31-12
Financial
Equity above €25MEq €30.01M ▲41.2%
Equity rises from €21.25M to €30.01M.
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 99 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 44 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 45 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-08-2026
Peter Frühwirth: Resigned as Dagelijks bestuurder
28-05-2020
Michael Kossack: Resigned as Director
28-05-2020
Ruud Beckers: Resigned as Director
01-04-2019
Hakan Çelik: Resigned as Director
01-04-2019
Hakan Çelik: Resigned as Managing director
01-11-2018
Dirk Dekker: Resigned as Director
01-10-2017
Massimiliano MONTORFANO: Resigned as Managing director
01-08-2014
Michael Kossack: Resigned as Director
Location & real-estate footprint
Registered office, Tessenderlo-Ham · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kanaalweg 873980 Tessenderlo-HamGround area
1,391 m²
Parcel 71363C0008/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Prima LNG
since 20132.215.977.272
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71363C0008/00D000 | Flanders | 1,391 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 1,376 EUR awarded · 1,376 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 567 EUR | 567 EUR |
| 2022 | 1 | 809 EUR | 809 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
699400T0IVDPTT3L0781
Similar companies · same sector, comparable size
PETRONAS LUBRICANTS BELGIUM
BE 0404.608.675
Hemiksem · Eq €38.07M
TotalEnergies Charging Solutions Belgium
BE 0414.076.172
Brussel · Eq €40.23M
PRIMAGAZ BELGIUM - PRIMAGAZ INTERNATIONAL BELGIUM
BE 0441.210.636
Tessenderlo-Ham · Eq €36.91M
Wolf Oil Corporation
BE 0403.699.350
Hemiksem · Eq €41.35M
Radius Business Solutions (Belgium)
BE 0865.944.140
Ronse · Eq €34.84M
Of 838 companies in sector 46810 we hold annual accounts for 473. 68 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-01-2013
Fiscal year end31-12
Activities, NACEBEL
46810Wholesale of solid, liquid and gaseous fuels and related products
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.