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Prime Project

Active
Private limited companyfounded 20196 yrs activeGeorges Lecointelaan 50, 1180 Ukkel, BelgiumKBO/BCE: BE 0739.847.803
Summary

The computed 12-month bankruptcy probability of Prime Project is 2.3% (moderate). The 2025 annual accounts show equity of €58k and a net result of €14k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 17% of 8048 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability43▲+13
Solvency35▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.11 against 1.05 in 2024; short-term debt: 90% and cash: 0.1% of total assets), and 90% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · 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
10%
Return on assets
2.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 8048 sector peers (2025).
NBB · sector comparison
Position among 8048 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
1 d early
2024
17 d early
2023
25 d early
2022
43 d early
2021
9 d late
2020
46 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▲ 98.3%
2024 · €7k
2020: €-9k 2021: €55k▲ +732% vs 2020highest in 6 years 2022: €-61k▼ -210% vs 2021lowest in 6 years 2023: €2k▲ +103% vs 2022 2024: €7k▲ +289% vs 2023 2025: €14k▲ +98.3% vs 2024
2020 → 2025
Working capital
€56k▲ 30.3%
2024 · €43k
2020: €33klowest in 6 years 2021: €87k▲ +160% vs 2020highest in 6 years 2022: €40k▼ -53.3% vs 2021 2023: €44k▲ +9.0% vs 2022 2024: €43k▼ -2.7% vs 2023 2025: €56k▲ +30.3% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€97k-€35k▼ 63.3%€37k▲ 5.0%€44k▲ 18.6%€58k▲ 31.1% 2021: €97khighest in 5 years 2022: €35k▼ -63.3% vs 2021lowest in 5 years 2023: €37k▲ +5.0% vs 2022 2024: €44k▲ +18.6% vs 2023 2025: €58k▲ +31.1% vs 2024
Operating result€81k-€-39k€53k€39k▼ 27.0%€16k▼ 59.3% 2021: €81khighest in 5 years 2022: €-39k▼ -148% vs 2021lowest in 5 years 2023: €53k▲ +237% vs 2022 2024: €39k▼ -27.0% vs 2023 2025: €16k▼ -59.3% vs 2024
Net result€55k-€-61k€2k€7k▲ 289%€14k▲ 98.3% 2021: €55khighest in 5 years 2022: €-61k▼ -210% vs 2021lowest in 5 years 2023: €2k▲ +103% vs 2022 2024: €7k▲ +289% vs 2023 2025: €14k▲ +98.3% vs 2024
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50k€100kOperating result 2021: €81k€81kNet result 2021: €55k€55kOperating result 2022: €-39k€-39kNet result 2022: €-61k€-61kOperating result 2023: €53k€53kNet result 2023: €2k€2kOperating result 2024: €39k€39kNet result 2024: €7k€7kOperating result 2025: €16k€16kNet result 2025: €14k€14k20212022202320242025€0€20k€40k€60kOperating result 2023: €53k€53kNet result 2023: €2k€1.8kOperating result 2024: €39k€39kNet result 2024: €7k€6.9kOperating result 2025: €16k€16kNet result 2025: €14k€14k202320242025
The operating result has fallen two years in a row; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €580k
Fixed assets €2k ▼ 38.8%
Current assets €578k ▼ 34.3%
Equity and liabilities €580k
Equity €58k ▲ 31.1%
Provisions €0 ▼ 100%
Debt €522k ▼ 37.7%
Debt's share of the balance-sheet total falls from 94.8% to 90.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18k▼
2024 · €41k
Cash flow
€16k▲
2024 · €9k
Current ratio
1.11▲
2024 · 1.05
Quick ratio
0.46▼
2024 · 0.65
Debt to equity
9.02▼
2024 · 18.97
ROE
23.7%▲
2024 · 15.7%
ROA
2.4%▲
2024 · 0.8%
Interest coverage
2.50▲
2024 · 1.23
Debt ≤ 1 year
€522k▼
2024 · €837k
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 · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€884k€580k▼
Fixed assets21/28€4k€2k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€880k€578k▼
Stocks and contracts in progress3€337k€337k=
Stocks30/36€337k€337k=
Amounts receivable within one year40/41€537k€240k▼
Trade receivables40€377k€88k▼
Other amounts receivable41€160k€151k▼
Cash at bank and in hand54/58€5k€300▼
Deferred charges and accrued income490/1€825€988▲
Equity and liabilities
Total equity and liabilities10/49€884k€580k▼
Equity10/15€44k€58k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€-6k€8k▲
Provisions and deferred taxes16€2k-
Provisions for liabilities and charges160/5€2k-
Other liabilities and charges164/5€2k-
Amounts payable17/49€838k€522k▼
Amounts payable within one year42/48€837k€522k▼
Financial debts43€135k-
Credit institutions430/8€135k-
Trade debts44€13k€7k▼
Suppliers440/4€13k€7k▼
Other amounts payable47/48€690k€515k▼
Accrued charges and deferred income492/3€902€180▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-50k
Other operating charges640/8€2k€998▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€44k€-32k▼
Operating profit (loss)9901€39k€16k▼
Financial income75/76B€1k€5k▲
Recurring financial income75€1k€5k▲
Non-recurring financial income76B€1k€5k▲
Financial charges65/66B€33k€7k▼
Recurring financial charges65€33k€7k▼
Profit (loss) for the period before taxes9903€7k€14k▲
Profit (loss) for the period9904€7k€14k▲
Profit (loss) for the period to be appropriated9905€7k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€8k▲
Profit (loss) brought forward from the previous period14P€-13k€-6k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A€62k-----
Goods, raw materials, services and sundry goods60/61€94k€613k----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k€2k€2k€2k▼ 1.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€50k---€-50k-
Other operating charges640/8€513€2k€4k€2k€998▼ 43.4%
Non-recurring operating charges66A-€15k-€2k--
Gross operating margin9900€134k€-20k€60k€44k€-32k▼ 171%
Operating profit (loss)9901€81k€-39k€53k€39k€16k▼ 59.3%
Financial income75/76B€5€1€61€1k€5k▲ 297%
Recurring financial income75€5€1€61€1k€5k▲ 297%
Non-recurring financial income76B---€1k€5k▲ 297%
Financial charges65/66B€10k€21k€52k€33k€7k▼ 78.6%
Recurring financial charges65€10k€21k€52k€33k€7k▼ 78.6%
Profit (loss) for the period before taxes9903€71k€-60k€2k€7k€14k▲ 98.3%
Income taxes67/77€16k€873€55---
Profit (loss) for the period9904€55k€-61k€2k€7k€14k▲ 98.3%
Profit (loss) for the period to be appropriated9905€55k€-61k€2k€7k€14k▲ 98.3%
Line20212022202320242025Change
Assets
Total assets20/58€1.99M€1.88M€2.44M€884k€580k▼ 34.3%
Fixed assets21/28€16k€8k€6k€4k€2k▼ 38.8%
Intangible fixed assets21-€3k€2k€2k€1k▼ 39.4%
Tangible fixed assets22/27€16k€4k€3k€2k€1k▼ 38.3%
Furniture and vehicles24€16k€4k€3k€2k€1k▼ 38.3%
Financial fixed assets28-€370€370---
Current assets29/58€1.97M€1.87M€2.43M€880k€578k▼ 34.3%
Stocks and contracts in progress3€1.97M€1.84M€2.23M€337k€337k=
Stocks30/36€1.97M€1.84M€2.23M€337k€337k=
Amounts receivable within one year40/41€3k€23k€200k€537k€240k▼ 55.4%
Trade receivables40€2k€16k€48k€377k€88k▼ 76.6%
Other amounts receivable41€500€7k€153k€160k€151k▼ 5.3%
Cash at bank and in hand54/58€24€3k€2k€5k€300▼ 94.3%
Deferred charges and accrued income490/1€1k€2k€2k€825€988▲ 19.8%
Equity and liabilities
Total equity and liabilities10/49€1.99M€1.88M€2.44M€884k€580k▼ 34.3%
Equity10/15€97k€35k€37k€44k€58k▲ 31.1%
Contributions10/11€50k€50k€50k€50k€50k=
Profit (loss) carried forward14€47k€-15k€-13k€-6k€8k▲ 236%
Provisions and deferred taxes16---€2k--
Provisions for liabilities and charges160/5---€2k--
Other liabilities and charges164/5---€2k--
Amounts payable17/49€1.89M€1.84M€2.40M€838k€522k▼ 37.7%
Amounts payable within one year42/48€1.88M€1.83M€2.39M€837k€522k▼ 37.6%
Financial debts43€1.19M€1.16M€1.19M€135k--
Credit institutions430/8€1.19M€1.16M€1.19M€135k--
Trade debts44€23k€7k€14k€13k€7k▼ 40.6%
Suppliers440/4€23k€7k€14k€13k€7k▼ 40.6%
Advances received on contracts in progress46-€2k€10k---
Taxes, remuneration and social security45€16k€16k€775---
Taxes450/3€16k€16k€775---
Other amounts payable47/48€651k€639k€1.17M€690k€515k▼ 25.4%
Accrued charges and deferred income492/3€6k€13k€13k€902€180▼ 80.1%
Line20212022202320242025Change
Profit (loss) for the period9904€55k€-61k€2k€7k€14k▲ 98.3%
+ Depreciation and write-downs630€2k€2k€2k€2k€2k▼ 1.4%
Operating cash flow (approximation)€57k€-59k€4k€9k€16k▲ 76.5%
Investment in fixed assets (approximation)-€7k€0€138€-475▼ 444%
Change in cash-€3k€-543€3k€-5k▼ 272%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
06-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
18-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
09-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 9 days late
2021
31-12
Financial Back to profitnet €55k
Net result €55k after one loss-making year.
15-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
2,238 m²
Building footprint
362 m²
Volume, LiDAR
2,719 m³
Parcel 21612D0103/00Z009, Brussels · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
98 companies at this address See who is registered here
1 establishment unit
Prime Project
Georges Lecointelaan 50, 1180 UkkelReal estate development
since 20192.297.481.028
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612D0103/00Z009 Brussels 2,238 m² 1 · 362 m² 14.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,155 companies in sector 46190 we hold annual accounts for 2,571. 1,946 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
Founded19-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
68121Development of residential building projects
68122Development of non-residential building projects
70200Business and other management consultancy

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