Primary Key Solutions
ActivePrimary Key Solutions has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164k and a net result of €9k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-57
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 61.19 against 24.58 in 2024; short-term debt: 1.4% and cash: 76.1% of total assets), and 1.4% 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 47
Relative position
BE, all sectors
reference
Sector 47
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 · 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
98.6%
Return on assets
5.4%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
15 d early
2023
14 d early
2022
12 d early
2021
12 d early
2020
18 d early
2019
17 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€164k▲ 5.8%
2024 · €155k
2018: €110k
2019: €130k
2020: €132k
2021: €141k
2022: €147k
2023: €158k
2024: €155k
2018 → 2025
Total assets
€166k▲ 3.8%
2024 · €160k
2018: €113k
2019: €131k
2020: €137k
2021: €147k
2022: €151k
2023: €164k
2024: €160k
2018 → 2025
Net result
€9k▼ 48.8%
2024 · €17k
2018: €22k
2019: €20k
2020: €2k
2021: €9k
2022: €6k
2023: €10k
2024: €17k
2018 → 2025
Working capital
€140k▲ 14.3%
2024 · €123k
2018: €110k
2019: €130k
2020: €130k
2021: €139k
2022: €146k
2023: €155k
2024: €123k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€141k-€147k▲ 4.1%€158k▲ 6.9%€155k▼ 1.6%€164k▲ 5.8%
Operating result€12k-€7k▼ 43.5%€13k▲ 92.2%€23k▲ 78.0%€-11k
Net result€9k-€6k▼ 36.8%€10k▲ 74.8%€17k▲ 70.6%€9k▼ 48.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €23k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166k
Fixed assets
€24k▼ 26.6%
Current assets
€143k▲ 11.5%
Equity and liabilities €166k
Equity
€164k▲ 5.8%
Debt
€2k▼ 55.2%
The debt ratio falls from 3.2% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-3k▼
2024 · €28k
Cash flow
€18k▼
2024 · €22k
Solvency
98.6%▲
2024 · 96.8%
Current ratio
61.19▲
2024 · 24.58
Quick ratio
61.19▲
2024 · 24.58
Debt / equity
0.01▼
2024 · 0.03
ROE
5.5%▼
2024 · 11.3%
ROA
5.4%▼
2024 · 10.9%
Interest coverage
-61.13▼
2024 · 616.71
Debt
€2k▼
2024 · €5k
Debt ≤ 1 year
€2k▼
2024 · €5k
Income taxes
€4k▼
2024 · €6k
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€160k€166k▲
Fixed assets21/28€32k€24k▼
Tangible fixed assets22/27€32k€24k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€28k€22k▼
Financial fixed assets28€166€166=
Current assets29/58€128k€143k▲
Amounts receivable within one year40/41€5k€429▼
Trade receivables40€5k€282▼
Other amounts receivable41-€147
Current investments50/53€71k€15k▼
Cash at bank and in hand54/58€51k€127k▲
Deferred charges and accrued income490/1€618€563▼
Equity and liabilities
Total equity and liabilities10/49€160k€166k▲
Equity10/15€155k€164k▲
Contributions10/11€6k€6k=
Reserves13€149k€158k▲
Distributable reserves133€149k€158k▲
Amounts payable17/49€5k€2k▼
Amounts payable within one year42/48€5k€2k▼
Trade debts44€549€10▼
Suppliers440/4€549€10▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€622€277▼
Income statement
Code20242025
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Other operating charges640/8€1k€921▼
Gross operating margin9900€29k€-2k▼
Operating profit (loss)9901€23k€-11k▼
Financial income75/76B€1k€25k▲
Recurring financial income75€1k€25k▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€24k€13k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€17k€9k▼
Profit (loss) for the period to be appropriated9905€17k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€9k▼
Transfer from equity791/2€20k-
Transfer to equity691/2€17k€9k▼
To other reserves6921€17k€9k▼
Profit to be distributed694/7€20k-
Return on contributions (dividend)694€20k-
The notes to these accounts (5 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 61.19
Current ratio from 24.58 to 61.19; short-term debt falls from €5k to €2k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €158k ▲6.9%
6 profitable years in a row build equity to €158k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €2k ▼87.8%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 115.33
Current ratio from 38.26 to 115.33; short-term debt falls from €3k to €1k.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Antwerpen · 1 establishment unit since 2008
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.
Oudkasteelplein 32100 AntwerpenGround area
178 m²
Building footprint
89 m²
Volume, LiDAR
753 m³
Parcel 11342A0190/00M002, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Primary Key Solutions
since 20082.172.545.226
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11342A0190/00M002 | Flanders | 178 m² | 1 · 89 m² | 9.3 m · 3 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
2Compute
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AMIBEL
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FOL LIGHT & SOUND
BE 0477.950.375
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PROWEB
BE 0473.170.156
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Of 3,226 companies in sector 47400 we hold annual accounts for 1,807. 1,387 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-2008
Fiscal year end31-12
Abbreviation NL
PKS
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
61100Wired, wireless and satellite telecommunications
61200Telecommunications
62020IT consultancy
62200Computer consultancy and computer facilities management
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.