PRIMATECH

Active

Private limited companyfounded 20169 yrs activeMutsaardlaan 73, 1020 Brussel, BelgiumKBO/BCE: BE 0667.914.779

The computed 12-month bankruptcy probability of PRIMATECH is 1.6% (moderate). The 2025 annual accounts show equity of €364k and a net result of €203k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 2906 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

86 / 100

Excellent▼ -7 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency68▼-30

Growth78=

Stability100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days acceptable

Liquidity tight (current ratio 1.5 against 2.34 in 2024), and 63.4% of the assets are financed with debt.

How do we compute the score and the probability?

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

36.6%

Return on assets

20.4%

Age of the figures

8 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 9 filings

Deviation from the deadline

2025

3 d late

2024

55 d late

2023

49 d late

2022

30 d late

2021

144 d late

2020

143 d late

2019

87 d late

← before the deadline after the deadline →

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 months

Position in the running window

04-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Equity

€364k▼ 29.2%

2024 · €514k

2022: €259k 2023: €352k 2024: €514k

2022 → 2025

Total assets

€994k▲ 14.3%

2024 · €870k

2022: €325k 2023: €597k 2024: €870k

2022 → 2025

Net result

€203k▲ 25.0%

2024 · €162k

2022: €-12k 2023: €198k 2024: €162k

2022 → 2025

Working capital

€315k▼ 33.9%

2024 · €476k

2022: €178k 2023: €295k 2024: €476k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€259k-€352k▲ 36.0%€514k▲ 46.0%€364k▼ 29.2%

Operating result€10k-€272k▲ 2,506%€222k▼ 18.3%€272k▲ 22.7%

Net result€-12k-€198k€162k▼ 18.3%€203k▲ 25.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 23% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €994k

95.0%

Fixed assets €50k▲ 27.7%

Current assets €944k▲ 13.6%

Equity and liabilities €994k

36.6%

63.4%

Equity €364k▼ 29.2%

Debt €630k▲ 77.1%

The debt ratio rises from 40.9% to 63.4%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€295k▲

2024 · €241k

Cash flow

€225k▲

2024 · €181k

Solvency

36.6%▼

2024 · 59.1%

Current ratio

1.50▼

2024 · 2.34

Quick ratio

1.50▼

2024 · 2.34

Debt / equity

1.73▲

2024 · 0.69

ROE

55.7%▲

2024 · 31.5%

ROA

20.4%▲

2024 · 18.6%

Interest coverage

148.36▼

2024 · 269.50

Debt

€630k▲

2024 · €356k

Debt ≤ 1 year

€630k▲

2024 · €355k

Income taxes

€68k▲

2024 · €59k

Staff costs

€293k▲

2024 · €235k

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

Total assets 20/58€870k€994k▲

Fixed assets 21/28€39k€50k▲

Tangible fixed assets 22/27€38k€49k▲

Financial fixed assets 28€820€820=

Current assets 29/58€831k€944k▲

Amounts receivable within one year 40/41€521k€807k▲

Cash & bank 54/58€310k€137k▼

Total equity & liabilities 10/49€870k€994k▲

Equity 10/15€514k€364k▼

Contributions / capital 10/11€19k€19k=

Reserves 13€496k€345k▼

Amounts payable 17/49€356k€630k▲

Amounts payable within one year 42/48€355k€630k▲

Trade debts payable within one year 44€278k€182k▼

Income statement Code20242025

Gross operating margin 9900€485k€593k▲

Operating result 9901€222k€272k▲

Financial charges 65€894€2k▲

Result before taxes 9903€221k€270k▲

Income taxes 67/77€59k€68k▲

Net result for the period 9904€162k€203k▲

Result to be appropriated 9905€162k€203k▲

Timeline · acts, filings and financial milestones

All 13Financial 3Gazette 1Filings 9

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 3 days late

2025

31-12

Financial Highest result since 2022net €203k ▲25%

Operating result €272k, net result €203k, both a record.

24-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 55 days late

2024

31-12

Financial Equity above €500kEq €514k ▲46%

2 profitable years in a row build equity to €514k.

18-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 49 days late

09-02

State Gazette act Director changes

Matthieu DERYNCK

2023

31-12

Financial Back to profitnet €198k

Net result €198k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

22-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 144 days late

2021

21-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 143 days late

2020

26-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 87 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

23-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 23 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 3 acts read

About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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