PRIME
ActiveSummary
PRIME has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €137,401 and a net result of €2,363. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 26% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability47▼-9
Solvency45▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.69 in 2023; short-term debt: 20.8% and cash: 0.1% of total assets), and 79.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
20.2%
Return on assets
0.3%
Age of the figures
21 mo
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 €137,401
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 05-06-2025, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
48 d early
2022
68 d early
2021
46 d early
2020
67 d early
2019
55 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 57 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€137,401▲ 1.7%
2023 · €135,039
Total assets
€681,331▼ 11.4%
2023 · €769,333
Net result
€2,363▼ 85.5%
2023 · €16,338
Working capital
-€70,797▼ 12.2%
2023 · -€63,090
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€23,363▼ 48.8%€15,446▼ 33.9%€11,349▼ 26.5%€48,861▲ 331%€28,800▼ 41.1%
Net result-€12,229below the sector's middle half-€11,102below the sector's middle half▲ 9.2%-€14,265below the sector's middle half▼ 28.5%€16,338within the sector's middle half€2,363within the sector's middle half▼ 85.5%
Equity€144,068within the sector's middle half▼ 7.8%€132,965within the sector's middle half▼ 7.7%€118,701within the sector's middle half▼ 10.7%€135,039within the sector's middle half▲ 13.8%€137,401within the sector's middle half▲ 1.7%
Total assets€828,083above the sector's middle half▼ 3.4%€851,741above the sector's middle half▲ 2.9%€801,177above the sector's middle half▼ 5.9%€769,333above the sector's middle half▼ 4.0%€681,331above the sector's middle half▼ 11.4%
Debt€684,015▼ 2.4%€718,776▲ 5.1%€682,477▼ 5.1%€634,294▼ 7.1%€543,929▼ 14.2%
Working capital-€40,758▼ 37.7%-€68,354▼ 67.7%-€75,748▼ 10.8%-€63,090▲ 16.7%-€70,797▼ 12.2%
Solvency17.4%within the sector's middle half▼ 0.8pp15.6%below the sector's middle half▼ 1.8pp14.8%below the sector's middle half▼ 0.8pp17.6%within the sector's middle half▲ 2.7pp20.2%within the sector's middle half▲ 2.6pp
Staff (FTE)3.1above the sector's middle half▼ 6.1%4.2▲ 35.5%5.2▲ 23.8%5.2=5.2=
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €681,331
Fixed assets
€610,143 ▼ 3.4%
Current assets
€71,188 ▼ 48.3%
Equity and liabilities €681,331
Equity
€137,401 ▲ 1.7%
Debt
€543,929 ▼ 14.2%
Debt's share of the balance-sheet total falls from 82.4% to 79.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73,050▼
2023 · €94,669
Cash flow
€46,612▼
2023 · €62,145
Current ratio
0.50▼
2023 · 0.69
Debt to equity
3.96▼
2023 · 4.70
ROE
1.7%▼
2023 · 12.1%
ROA
0.3%▼
2023 · 2.1%
Interest coverage
3.32▼
2023 · 4.19
Debt ≤ 1 year
€141,984▼
2023 · €200,719
Debt > 1 year
€399,550▼
2023 · €431,373
Income taxes
€4,429▼
2023 · €9,956
Staff costs
€200,482▼
2023 · €214,091
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,972 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,972 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €186,368 | €209,607 | €214,091 | €200,482 | ▼ 6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,145 | €54,818 | €55,063 | €45,807 | €44,250 | ▼ 3.4% |
| Other operating charges640/8 | - | €2,468 | €5,204 | €1,788 | €1,609 | ▼ 10.0% |
| Gross operating margin9900 | €231,873 | €259,100 | €281,222 | €310,547 | €275,141 | ▼ 11.4% |
| Operating profit (loss)9901 | €23,363 | €15,446 | €11,349 | €48,861 | €28,800 | ▼ 41.1% |
| Financial income75/76B | - | €10 | €5 | €3 | €0 | ▼ 90.6% |
| Recurring financial income75 | €56 | €10 | €5 | €3 | €0 | ▼ 90.6% |
| Financial charges65/66B | - | €25,628 | €24,283 | €22,570 | €22,009 | ▼ 2.5% |
| Recurring financial charges65 | €30,224 | €25,628 | €24,283 | €22,570 | €22,009 | ▼ 2.5% |
| Profit (loss) for the period before taxes9903 | -€6,805 | -€10,173 | -€12,929 | €26,295 | €6,792 | ▼ 74.2% |
| Income taxes67/77 | €5,424 | €930 | €1,335 | €9,956 | €4,429 | ▼ 55.5% |
| Profit (loss) for the period9904 | -€12,229 | -€11,102 | -€14,265 | €16,338 | €2,363 | ▼ 85.5% |
| Profit (loss) for the period to be appropriated9905 | €6,521 | -€11,102 | -€14,265 | €16,338 | €2,363 | ▼ 85.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €828,083 | €851,741 | €801,177 | €769,333 | €681,331 | ▼ 11.4% |
| Fixed assets21/28 | €702,993 | €727,871 | €672,809 | €631,703 | €610,143 | ▼ 3.4% |
| Tangible fixed assets22/27 | €701,803 | €726,681 | €671,619 | €630,513 | €608,953 | ▼ 3.4% |
| Land and buildings22 | - | €649,439 | €623,301 | €597,164 | €571,026 | ▼ 4.4% |
| Plant, machinery and equipment23 | - | €9,265 | €3,741 | - | €14,353 | - |
| Furniture and vehicles24 | - | €67,978 | €44,576 | €33,349 | €23,573 | ▼ 29.3% |
| Financial fixed assets28 | €1,190 | €1,190 | €1,190 | €1,190 | €1,190 | = |
| Current assets29/58 | €125,089 | €123,870 | €128,369 | €137,630 | €71,188 | ▼ 48.3% |
| Amounts receivable within one year40/41 | €115,846 | €113,090 | €120,996 | €129,342 | €61,240 | ▼ 52.7% |
| Trade receivables40 | - | €113,090 | €120,996 | €129,342 | €61,240 | ▼ 52.7% |
| Cash at bank and in hand54/58 | €1,083 | €2,488 | €1,341 | €1,853 | €719 | ▼ 61.2% |
| Deferred charges and accrued income490/1 | - | €8,292 | €6,032 | €6,435 | €9,229 | ▲ 43.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €828,083 | €851,741 | €801,177 | €769,333 | €681,331 | ▼ 11.4% |
| Equity10/15 | €144,068 | €132,965 | €118,701 | €135,039 | €137,401 | ▲ 1.7% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €123,557 | €112,557 | €98,557 | €115,039 | €117,401 | ▲ 2.1% |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | - | - | - |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | - | - | - |
| Distributable reserves133 | - | €110,557 | €96,557 | €115,039 | €117,401 | ▲ 2.1% |
| Profit (loss) carried forward14 | €511 | €409 | €144 | - | - | - |
| Amounts payable17/49 | €684,015 | €718,776 | €682,477 | €634,294 | €543,929 | ▼ 14.2% |
| Amounts payable after more than one year17 | €516,907 | €525,222 | €476,799 | €431,373 | €399,550 | ▼ 7.4% |
| Financial debts170/4 | - | €525,222 | €476,799 | €431,373 | €399,550 | ▼ 7.4% |
| Amounts payable within one year42/48 | €165,847 | €192,223 | €204,117 | €200,719 | €141,984 | ▼ 29.3% |
| Current portion of amounts payable after more than one year42 | - | €52,644 | €48,423 | €45,426 | €51,907 | ▲ 14.3% |
| Financial debts43 | - | €14,319 | €23,874 | €12,739 | - | - |
| Credit institutions430/8 | - | €14,319 | €23,874 | €12,739 | - | - |
| Trade debts44 | €13,219 | €22,772 | €17,673 | €17,551 | €4,810 | ▼ 72.6% |
| Suppliers440/4 | - | €22,772 | €17,673 | €17,551 | €4,810 | ▼ 72.6% |
| Taxes, remuneration and social security45 | - | €66,488 | €73,453 | €88,452 | €62,048 | ▼ 29.9% |
| Taxes450/3 | - | €37,919 | €36,621 | €46,592 | €40,564 | ▼ 12.9% |
| Remuneration and social security454/9 | - | €28,569 | €36,833 | €41,860 | €21,484 | ▼ 48.7% |
| Other amounts payable47/48 | - | €36,002 | €40,693 | €36,551 | €23,220 | ▼ 36.5% |
| Accrued charges and deferred income492/3 | - | €1,331 | €1,561 | €2,201 | €2,395 | ▲ 8.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,229 | -€11,102 | -€14,265 | €16,338 | €2,363 | ▼ 85.5% |
| + Depreciation and write-downs630 | €40,145 | €54,818 | €55,063 | €45,807 | €44,250 | ▼ 3.4% |
| Operating cash flow (approximation) | €27,917 | €43,716 | €40,798 | €62,145 | €46,612 | ▼ 25.0% |
| Investment in fixed assets (approximation) | - | -€79,696 | €0 | -€4,702 | -€22,690 | ▼ 383% |
| Change in cash | - | €1,405 | -€1,147 | €512 | -€1,134 | ▼ 321% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €16,338
Net result €16,338 after 3 loss-making years.
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€14,265
Net result drops to -€14,265, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150,000Eq €156,296 ▲4.7%
2 profitable years in a row build equity to €156,296.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Kapellen · 1 establishment unit since 2008
Ground area
1,368 m²
Building footprint
252 m²
Volume, LiDAR
1,699 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Prime
since 20082.170.594.734
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0103/00Z000 | Flanders | 782 m² | 1 · 102 m² | 11.6 m · 3 fl. |
| 11043D0762/00B000 | Flanders | 586 m² | 1 · 150 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,861 EUR awarded · 2,857 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,611 EUR | 2,380 EUR |
| 2023 | 1 | 201 EUR | 428 EUR |
| 2022 | 1 | 49 EUR | 49 EUR |
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,509. 2,583 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-05-1987
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0431232405
Also
9925:BE0431232405
Registered
07-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.