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PRIMATEX

Active
Private limited company (pre-2019)founded 200917 yrs activeKBO/BCE: BE 0810.532.592
Summary

The computed 12-month bankruptcy probability of PRIMATEX is 10.7% (high). For PRIMATEX, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-50k) and a net result of €-46k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2009 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-100
Solvency0▼-19
Growth32▼-26
Track record92
Bankruptcy probability, 12 months
10.7% High
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises risk
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 2023
Age of the figures
Age of the figures
33 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-11-2024, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
113 d late
2022
85 d late
2021
85 d late
2020
160 d late
2019
150 d late
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Financials · fiscal year 2023, micro schema

Equity
€-50k▼ 1,055%
2022 · €-4k
2018: €15k 2019: €23k 2020: €5k 2021: €-44k 2022: €-4k
2018 → 2023
Total assets
€633▼ 99.2%
2022 · €77k
2018: €119k 2019: €117k 2020: €107k 2021: €38k 2022: €77k
2018 → 2023
Net result
€-46k
2022 · €40k
2018: €20k 2019: €8k 2020: €-18k 2021: €-49k 2022: €40k
2018 → 2023
Working capital
€-50k▼ 528%
2022 · €-8k
2018: €13k 2019: €34k 2020: €6k 2021: €-47k 2022: €-8k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Equity€23k-€5k▼ 76.2%€-44k€-4k▲ 90.1%€-50k▼ 1,055%
Operating result€12k-€-17k€-46k▼ 174%€42k€-52k
Net result€8k-€-18k€-49k▼ 180%€40k€-46k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-75k€-50k€-25k€0€25k€50kOperating result 2019: €12k€12kNet result 2019: €8k€8kOperating result 2020: €-17k€-17kNet result 2020: €-18k€-18kOperating result 2021: €-46k€-46kNet result 2021: €-49k€-49kOperating result 2022: €42k€42kNet result 2022: €40k€40kOperating result 2023: €-52k€-52kNet result 2023: €-46k€-46k20192020202120222023€-75k€-50k€-25k€0€25k€50kOperating result 2021: €-46k€-46kNet result 2021: €-49k€-49kOperating result 2022: €42k€42kNet result 2022: €40k€40kOperating result 2023: €-52k€-52kNet result 2023: €-46k€-46k202120222023
The operating result turns negative in 2023: a loss of €52k after €42k in 2022, the lowest result in the available series.
Key figures and ratios
2023 value · change against 2022
Debt
€51k
2022 · €81k
Debt ≤ 1 year
€51k
2022 · €77k
Debt > 1 year
€0
2022 · €3k
Staff costs
€59k
2022 · €33k
Ratios withheld: a balance sheet total of €633 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 46 lines
Balance sheet Code20222023
Assets
Total assets20/58€77k€633
Fixed assets21/28€7k€0
Tangible fixed assets22/27€7k€0
Plant, machinery and equipment23€5k€0
Furniture and vehicles24€2k€0
Other tangible fixed assets26€155€0
Current assets29/58€69k€633
Stocks and contracts in progress3€5k€0
Stocks30/36€5k€0
Amounts receivable within one year40/41€61k€510
Trade receivables40€61k€0
Other amounts receivable41€510€510=
Cash at bank and in hand54/58€3k€123
Equity and liabilities
Total equity and liabilities10/49€77k€633
Equity10/15€-4k€-50k
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-26k€-72k
Amounts payable17/49€81k€51k
Amounts payable after more than one year17€3k€0
Financial debts170/4€3k€0
Amounts payable within one year42/48€77k€51k
Current portion of amounts payable after more than one year42€730€0
Trade debts44€6k€26k
Suppliers440/4€6k€26k
Taxes, remuneration and social security45€19k€24k
Taxes450/3€12k€6k
Remuneration and social security454/9€7k€17k
Other amounts payable47/48€51k€726
Income statement Code20222023
Remuneration, social security and pensions62€33k€59k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Other operating charges640/8€4k€602
Gross operating margin9900€81k€8k
Operating profit (loss)9901€42k€-52k
Financial income75/76B-€9k
Recurring financial income75-€9k
Financial charges65/66B€312€3k
Recurring financial charges65€312€3k
Profit (loss) for the period before taxes9903€42k€-46k
Income taxes67/77€2k-
Profit (loss) for the period9904€40k€-46k
Profit (loss) for the period to be appropriated9905€40k€-46k
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-72k
Profit (loss) brought forward from the previous period14P€-66k€-26k

The notes to these accounts (2 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
12-05
KBO administration Address struck
2024
21-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
24-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
31-12
Financial Back to profitnet €40k
Net result €40k after 2 loss-making years.
24-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
07-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 160 days late
2021
31-12
Financial Weakest financial yearnet €-49k
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
2020
28-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 150 days late
28-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 516 days late
2018
09-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 70 days late
08-02
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 192 days late
2016
05-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 66 days late
2015
21-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 52 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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
1 establishment unit since 2024
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.

Ground area
4,983 m²
Building footprint
2,317 m²
Parcel 23026A0132/00G006, Flanders. Linked by address, not a title deed.
1 establishment unit
PRIMATEX
NACE 45111
since 20242.369.435.727
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23026A0132/00G006 Flanders 4,983 m² 1 · 2,316 m² -
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.

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded19-03-2009
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.