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PRIME DESIGN EUROPE

Active
Private limited companyfounded 2006active for 20 yearsBietenweg 22, 3300 Tienen, BelgiumKBO/BCE: BE 0883.453.333
Summary

The computed 12-month bankruptcy probability of PRIME DESIGN EUROPE is 7.4% (elevated). The annual accounts of PRIME DESIGN EUROPE for financial year 2024 show a net loss of 71% of total assets and of 72% of the equity at the start of that year. The 2024 annual accounts show equity of €1.5m and a net result of -€3.9m. Equity has been stable since 2018 (±1.8% per year). Its solvency ranks better than 31% of 8,966 sector peers (NACE 46, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 06-09-2006 Normal situation
Activity
Wholesale of motor vehicle parts and accessories NACE 46720and 1 other
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
Establishment unit
2.157.000.381 3300 Tienen, since 18-10-2006
Financial year end
31 December
Peppol
Reachable since 30-08-2023

Board and ownership

Board
  • DICHNO RONDirector
  • Levi AvrahamDirector
Shareholders
  • Prime Design Holdingsannual accounts 2020

Financial position

33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
7.4%
Annual accounts 2024
Gross margin
-€424,275
Loss
€3.9m
▲ 136×
Equity
€1.5m
▼ 72.3%
Total assets
€5.5m
▼ 37.0%
Employees on 31-12-2024
5
▲ 25.0%
  • 2025 accounts not filed, 96 days past the deadline
Turnover not published (abbreviated format)
Score breakdownraises riskLiquidity: current ratio 1.02, cash €397, halvedLoss of €3.9m, the second in a row (financial year 2024)1 financial year not filed after the legal deadline; last filed accounts filed 142 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 21-12-2025)Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 23% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2023
Weak
Solvency 52-35
equity 27.0% of total assets
Liquidity 43-2
short-term debt 21.4% · cash 0.0%
Profitability 0-28
return on assets -70.6%
Bankruptcy probability within 12 months
7.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: 3.0% 01-2025: 6.1%▲ +3.1 percentage points vs 12-2024 02-2025: 1.6%▼ -4.5 percentage points vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.5%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 1.7%▲ +0.2 percentage points vs 05-2025 07-2025: 1.8%▲ +0.1 percentage points vs 06-2025 08-2025: 2.4%▲ +0.6 percentage points vs 07-2025 09-2025: 2.7%▲ +0.3 percentage points vs 08-2025 10-2025: 3.6%▲ +0.9 percentage points vs 09-2025 11-2025: 3.8%▲ +0.2 percentage points vs 10-2025 12-2025: 4.6%▲ +0.8 percentage points vs 11-2025 01-2026: 5.6%▲ +1.0 percentage point vs 12-2025 02-2026: 5.6%● unchanged vs 01-2026 03-2026: 5.5%▼ -0.1 percentage points vs 02-2026 04-2026: 5.5%● unchanged vs 03-2026 05-2026: 5.4%▼ -0.1 percentage points vs 04-2026 06-2026: 5.5%▲ +0.1 percentage points vs 05-2026 07-2026: 5.4%▼ -0.1 percentage points vs 06-2026 08-2026: 6.7%▲ +1.3 percentage points vs 07-2026 09-2026: 6.6%▼ -0.1 percentage points vs 08-2026 10-2026: 7.4%▲ +0.8 percentage points vs 09-2026highest value 11-2026: 7.4%● unchanged vs 10-2026highest value
Credit of up to €45,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.02 (1.62 in 2023), below the usual 1.5. Short-term debt is 21.4% and cash 0% of total assets. 73% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 38% of them on solvency, 41% on liquidity, 6% on profitability and 7% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
raises risk
raises risk · Liquidity: current ratio 1.02, cash €397, halved
NBB · annual accounts
raises risk · Loss of €3.9m, the second in a row (financial year 2024)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 142 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 21-12-2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€3.9m
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 142 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-12-2025, 142 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
142 days late
2023
153 days late
2022
135 days late
2021
99 days late
2020
90 days late
2019
77 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 116 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2024from -€28,689 to -€3.9m ▼ 13,490% View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €40,619 · 8,961 companies -€3.9m View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€3.9m View
  • A director leftlatest change 11-03-2026 · 2 in office 1 left View

Recent changes

  1. · Gazette deed Resignation: Koen Bessemans (director)
  2. · Gazette deed Amendment of the articles · Legal-form change
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as PRIME DESIGN EUROPE: wholesale of motor vehicle parts and accessories (NACE 46720). They are comparable in size and age: total assets between €3.3m and €13m, founded between 1986 and 2011.

CompanyTotal assetsGross margin
PRIME DESIGN EUROPE Tienen€5.5m-€0.4m
TYRE SERVICE EUROPE Zemst€9.8m-
TIRELINK Beveren-Kruibeke-Zwijndrecht€3.3m-€0.01m
BLACKSMITH OTR EUROPE Schelle€11.1m-
WESTLAKE EUROPE Zaventem€12.8m-
AUTO ELEKTRO PEETERS Malle€8.3m-
V.T.E. Import Ingelmunster€5.4m-€0.3m
Full comparison

Key facts about PRIME DESIGN EUROPE

What is the company number of PRIME DESIGN EUROPE?
The company number of PRIME DESIGN EUROPE is 0883.453.333. The VAT number is the same number with BE in front: BE 0883.453.333.
Where is PRIME DESIGN EUROPE based?
The registered office is at Bietenweg 22, 3300 Tienen.Company details
What does PRIME DESIGN EUROPE do?
According to the KBO register, the main activity is wholesale of motor vehicle parts and accessories (NACE 46720).
What is the legal form of PRIME DESIGN EUROPE?
The legal form of PRIME DESIGN EUROPE is Private limited company (BV).
When was PRIME DESIGN EUROPE founded?
PRIME DESIGN EUROPE was founded on 06-09-2006.
Is PRIME DESIGN EUROPE still active?
Yes, PRIME DESIGN EUROPE is an active enterprise in the KBO register.
How many employees does PRIME DESIGN EUROPE have?
PRIME DESIGN EUROPE had an average of 5.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does PRIME DESIGN EUROPE fall under?
In its 2024 annual accounts, PRIME DESIGN EUROPE states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of PRIME DESIGN EUROPE?
The annual accounts for financial year 2024 state no turnover. The abbreviated format does not require it.
Is PRIME DESIGN EUROPE profitable?
In financial year 2024, PRIME DESIGN EUROPE made a loss of €3.9m.
Where can I find the annual accounts of PRIME DESIGN EUROPE?
PRIME DESIGN EUROPE filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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