PRIMATECH
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.
| Equity | €364k |
| Net result | €203k |
| Better than sector | 43% |
| Active | 9 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 36.6% | 43.3% | |
| Net result | €203k | €13k | |
| Equity | €364k | €44k | |
| Gross operating margin | €593k | €39k | |
| Staff costs | €293k | €30k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €295k | €241k | €298k | €36k |
| Net profit | €203k | €162k | €198k | €-12k |
| Cash flow | €225k | €181k | €224k | €14k |
| Staff costs | €293k | €235k | €135k | €119k |
| Income taxes | €68k | €59k | €73k | €21k |
| Dividends | €353k | - | €118k | - |
| Total assets | €994k | €870k | €597k | €325k |
| Equity | €364k | €514k | €352k | €259k |
| Debt | €630k | €356k | €245k | €66k |
| of which ≤ 1y | €630k | €355k | €245k | €66k |
| of which > 1y | - | - | - | - |
| Working capital | €315k | €476k | €295k | €178k |
| Employees (FTE) | - | - | 2.8 | 3.4 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.50 | 2.34 | 2.20 | 3.70 |
| Quick ratio | 1.50 | 2.34 | 2.20 | 3.70 |
| Working capital ratio | 31.6% | 54.7% | 49.5% | 54.9% |
| Solvency | 36.6% | 59.1% | 58.9% | 79.7% |
| Debt / equity | 1.73 | 0.69 | 0.70 | 0.26 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 148.36 | 269.50 | 631.33 | 40.56 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 20.4% | 18.6% | 33.2% | -3.6% |
| ROE | 55.7% | 31.5% | 56.3% | -4.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €994k | €870k | €597k | €325k |
| Fixed assets | 21/28 | €50k | €39k | €57k | €81k |
| Tangible fixed assets | 22/27 | €49k | €38k | €56k | €80k |
| Financial fixed assets | 28 | €820 | €820 | €820 | €820 |
| Current assets | 29/58 | €944k | €831k | €541k | €245k |
| Amounts receivable within one year | 40/41 | €807k | €521k | €523k | €107k |
| Cash & bank | 54/58 | €137k | €310k | €17k | €120k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €994k | €870k | €597k | €325k |
| Equity | 10/15 | €364k | €514k | €352k | €259k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €6k |
| Reserves | 13 | €345k | €496k | €334k | €253k |
| Amounts payable | 17/49 | €630k | €356k | €245k | €66k |
| Amounts payable within one year | 42/48 | €630k | €355k | €245k | €66k |
| Trade debts payable within one year | 44 | €182k | €278k | €118k | - |
| Income statement | |||||
| Gross operating margin | 9900 | €593k | €485k | €434k | €156k |
| Operating result | 9901 | €272k | €222k | €272k | €10k |
| Financial charges | 65 | €2k | €894 | €471 | €886 |
| Result before taxes | 9903 | €270k | €221k | €271k | €10k |
| Income taxes | 67/77 | €68k | €59k | €73k | €21k |
| Net result for the period | 9904 | €203k | €162k | €198k | €-12k |
| Result to be appropriated | 9905 | €203k | €162k | €198k | €-12k |
| NACE primary | Other construction installation(43240) |
| Legal form | Private limited company(610) |
| Incorporation | 20-12-2016 |
| Status | Active |
| Postal code | 1020 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0244/00G000 | Brussels | 1.4 ha | 1 · 967 m² | 56.7 m · 18 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
09-02-2024 Change in the board of directors
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "collaborateur",
"person": null,
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": null,
"name": "VAN HALTEREN notaires associ\u00E9s",
"address": null,
"country": null,
"legal_form": null
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "A tous collaborateurs de l\u2019\u00E9tude \u00AB VAN HALTEREN notaires associ\u00E9s \u00BB, agissant s\u00E9par\u00E9ment, pour l\u2019\u00E9tablissement du texte coordonn\u00E9 des statuts.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Matthieu DERYNCK",
"firm_city": null,
"firm_name": "Van Halteren, Notaires Associ\u00E9s",
"office_city": "Bruxelles",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-09",
"filing_date": "2024-02-07",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-02-06",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0667.914.779",
"name_full": "PRIMATECH",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Matthieu DERYNCK",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"exp\u00E9dition",
"statuts coordonn\u00E9s"
],
"corrected_publication_numac": null
}| Legal nameFR | PRIMATECH |