PRIMALORE
ActiveThe computed 12-month bankruptcy probability of PRIMALORE is 1.9% (moderate). The 2024 annual accounts show equity of €80k and a net result of €36k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 81% of 1763 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+8
Solvency81▲+10
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.45 in 2023; short-term debt: 27.6% and cash: 26.6% of total assets), and 44.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €80k
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 26-05-2025, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
66 d early
2023
35 d early
2022
45 d early
2021
58 d early
2020
4 d late
2019
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€36k▲ 97.5%
2023 · €18k
2018: €16k
2019: €539
2020: €3k
2021: €2k
2022: €-20k
2023: €18k
2018 → 2024
Working capital
€18k▲ 1.2%
2023 · €18k
2018: €-2k
2019: €-16k
2020: €632
2021: €12k
2022: €-3k
2023: €18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€44k-€47k▲ 4.8%€26k▼ 43.8%€44k▲ 69.5%€80k▲ 81.0%
Operating result€18k-€14k▼ 19.0%€-18k€21k€52k▲ 146%
Net result€3k-€2k▼ 24.6%€-20k€18k€36k▲ 97.5%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 146% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144k
Fixed assets
€86k▲ 121%
Current assets
€58k▼ 0.1%
Equity and liabilities €144k
Equity
€80k▲ 81.0%
Debt
€64k▲ 20.8%
The debt ratio falls from 54.2% to 44.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€64k▲
2023 · €33k
Cash flow
€48k▲
2023 · €30k
Solvency
55.8%▲
2023 · 45.8%
Current ratio
1.46▲
2023 · 1.45
Quick ratio
1.26▼
2023 · 1.29
Debt / equity
0.79▼
2023 · 1.19
ROE
44.8%▲
2023 · 41.0%
ROA
25.0%▲
2023 · 18.8%
Interest coverage
19.92▲
2023 · 11.94
Debt
€64k▲
2023 · €53k
Debt ≤ 1 year
€40k▼
2023 · €40k
Debt > 1 year
€24k▲
2023 · €13k
Income taxes
€12k
Staff costs
€131k▼
2023 · €145k
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€97k€144k▲
Fixed assets21/28€39k€86k▲
Tangible fixed assets22/27€39k€86k▲
Plant, machinery and equipment23€9k€9k▼
Furniture and vehicles24€1k€9k▲
Leasing and similar rights25-€22k
Other tangible fixed assets26€28k€46k▲
Current assets29/58€58k€58k▼
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€8k€10k▲
Trade receivables40€250€0▼
Other amounts receivable41€8k€10k▲
Cash at bank and in hand54/58€40k€38k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€97k€144k▲
Equity10/15€44k€80k▲
Contributions10/11€40k€40k=
Reserves13€4k€40k▲
Non-distributable reserves130/1€990€990=
Reserves not available under the articles1311€990€990=
Distributable reserves133€3k€39k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€53k€64k▲
Amounts payable after more than one year17€13k€24k▲
Financial debts170/4€13k€24k▲
Amounts payable within one year42/48€40k€40k▼
Current portion of amounts payable after more than one year42€3k€7k▲
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Taxes, remuneration and social security45€27k€15k▼
Taxes450/3€7k€7k▼
Remuneration and social security454/9€19k€8k▼
Other amounts payable47/48€900€120▼
Income statement
Code20232024
Remuneration, social security and pensions62€145k€131k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€180k€198k▲
Operating profit (loss)9901€21k€52k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€18k€48k▲
Income taxes67/77-€12k
Profit (loss) for the period9904€18k€36k▲
Profit (loss) for the period to be appropriated9905€18k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€36k▲
Profit (loss) brought forward from the previous period14P€-15k€0▲
Transfer from equity791/2€0-
Transfer to equity691/2€3k€36k▲
To other reserves6921€3k€36k▲
Social balance
Average headcount (FTE)90874.74.4▼
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €36k ▲97.5%
Operating result €52k, net result €36k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-20k ▼1050%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 4 days late
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Court-Saint-Etienne · 1 establishment unit since 2015
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.
Avenue des Combattants 681490 Court-Saint-EtienneGround area
578 m²
Building footprint
259 m²
Volume, LiDAR
969 m³
Parcel 25023H0290/00M005, Wallonia · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Avenue des Combattants 68, 1490 Court-Saint-Etienne
since 20152.238.229.963
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023H0290/00M005 | Wallonia | 578 m² | 1 · 259 m² | 8.1 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteCourt-Saint-Etienne2.238.229.963
Similar companies · same sector, comparable size
ABBOT&COSTELLO
BE 0661.900.482
Sint-Niklaas · Eq €80k
TAVERNE ATHENE TAKIS
BE 0744.442.831
Beringen · Eq €80k
SESECO
BE 0864.748.565
Mortsel · Eq €80k
XIN YUE
BE 0824.105.070
Lasne · Eq €80k
KING KRAB
BE 1019.844.142
De Panne · Eq €80k
Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 9,757 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2015
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.