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Primaflor

Active
Private limited companyfounded 198046 yrs activeSchermershoek 23, 1730 Asse, BelgiumKBO/BCE: BE 0420.996.628

Primaflor has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-3k) and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9582 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
16 / 100
Critical▼ -4 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency41▲+1
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 0.82 in 2023), and equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 46 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
-3.4%
Return on assets
6.1%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9582 sector peers (2024).
NBB · sector comparison
Position among 9582 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
8 d early
2023
14 d late
2022
39 d early
2021
33 d early
2020
16 d late
2019
4 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, abbreviated schema

Equity
€-3k▲ 63.9%
2023 · €-8k
2018: €12k 2019: €12k 2020: €-1k 2021: €-6k 2022: €325 2023: €-8k
2018 → 2024
Total assets
€80k▼ 9.3%
2023 · €88k
2018: €113k 2019: €90k 2020: €88k 2021: €81k 2022: €77k 2023: €88k
2018 → 2024
Net result
€5k
2023 · €-8k
2018: €-3k 2019: €-870 2020: €-13k 2021: €-5k 2022: €7k 2023: €-8k
2018 → 2024
Working capital
€-11k▲ 35.1%
2023 · €-17k
2018: €16k 2019: €13k 2020: €5k 2021: €-3k 2022: €-10k 2023: €-17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-1k-€-6k▼ 425%€325€-8k€-3k▲ 63.9%
Operating result€-12k-€-3k▲ 71.5%€8k€-7k€6k
Net result€-13k-€-5k▲ 59.9%€7k€-8k€5k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2020: €-12k€-12kNet result 2020: €-13k€-13kOperating result 2021: €-3k€-3kNet result 2021: €-5k€-5kOperating result 2022: €8k€8kNet result 2022: €7k€7kOperating result 2023: €-7k€-7kNet result 2023: €-8k€-8kOperating result 2024: €6k€6kNet result 2024: €5k€5k20202021202220232024
The operating result returns to profit in 2024: €6k after a loss of €7k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €80k
Fixed assets €8k▼ 12.3%
Current assets €71k▼ 8.9%
Key figures and ratios
2024 value · change against 2023
EBITDA
€7k
2023 · €2k
Cash flow
€6k
2023 · €902
Solvency
-3.4%
2023 · -8.6%
Current ratio
0.87
2023 · 0.82
Quick ratio
0.33
2023 · 0.27
Debt / equity
-30.17
2023 · -12.62
ROE
-176.7%
2023 · 104.3%
ROA
6.1%
2023 · -9.0%
Interest coverage
5.44
2023 · 1.79
Debt
€83k
2023 · €96k
Debt ≤ 1 year
€83k
2023 · €96k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€88k€80k
Fixed assets21/28€10k€8k
Tangible fixed assets22/27€10k€8k
Land and buildings22€2k€2k
Plant, machinery and equipment23€8k€7k
Current assets29/58€78k€71k
Stocks and contracts in progress3€52k€45k
Stocks30/36€52k€45k
Amounts receivable within one year40/41€7k€8k
Trade receivables40€4k€4k
Other amounts receivable41€3k€4k
Cash at bank and in hand54/58€19k€19k
Equity and liabilities
Total equity and liabilities10/49€88k€80k
Equity10/15€-8k€-3k
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€5k€5k=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-18k€-14k
Amounts payable17/49€96k€83k
Amounts payable within one year42/48€96k€83k
Current portion of amounts payable after more than one year42€8k-
Trade debts44€5k€355
Suppliers440/4€5k€355
Taxes, remuneration and social security45€24k€22k
Taxes450/3€2k-
Remuneration and social security454/9€22k€22k=
Other amounts payable47/48€58k€60k
Income statement Code20232024
Remuneration, social security and pensions62€141-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€1k
Other operating charges640/8€986€964
Gross operating margin9900€3k€8k
Operating profit (loss)9901€-7k€6k
Financial income75/76B€11€0
Recurring financial income75€11€0
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€-8k€5k
Profit (loss) for the period9904€-8k€5k
Profit (loss) for the period to be appropriated9905€-8k€5k
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-14k
Profit (loss) brought forward from the previous period14P€-10k€-18k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
14-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €7k
Net result €7k after 4 loss-making years.
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
16-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
29-06
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.

Directors · office · real estate

Directors
2 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, Asse · 1 establishment unit since 1980
establishment The establishment unit on the map
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.

Schermershoek 231730 Asse
Ground area
1,619 m²
Building footprint
502 m²
Volume, LiDAR
3,041 m³
Parcel 23053A0117/00P000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PRIMAFLOR
Schermershoek 23, 1730 AsseNACE 52483
since 19802.017.989.879
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23053A0117/00P000 Flanders 1,619 m² 1 · 502 m² 11.6 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 3,374 companies in sector 47761 we hold annual accounts for 1,152. 41 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-09-1980
Fiscal year end31-12
Activities, NACEBEL
47761Retail sale of flowers, plants, seeds and fertilisers
52483
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.