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PRIME PROJECT DEVELOPMENT

Active Private limited companyfounded 2024active for 2 yearsHesperidenlaan 3, 1180 UccleKBO/BCE: BE 1009.168.697

Lifetime

1 annual account with figures
peak -€1,564 (2025)
-€1,564 
lowest -€54,138 (2025)
-€54,138 
peak -€54,138 (2025)
-€54,138 
€684,865 
Board2 names since 2024
2 directorsNBG Invest and 1 other
Owners
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Loss of €54,138First year with figures

Key points

from the 2025 annual accounts

Equity

-€54,138
2025

Debts exceed assets in financial year 2025.

Debts

€684,865 109% of the balance sheet
Financial debts 37%Suppliers 30%Other 33%

€344,886 of the debts are secured on the company's own assets.

Position in the sector

-8.6%

Lower solvency than 89% of companies in real estate. Sector median 30.7% · 11,297 companies.

Turnover not published (abbreviated format)

Checked score

53
Fair
Financially stronger than 13% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 06-2025: 0.7% 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.9%▲ +0.1 percentage points vs 10-2025 12-2025: 1.0%▲ +0.1 percentage points vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026highest value 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 0.5%▼ -0.6 percentage points vs 07-2026lowest value 09-2026: 0.5%● unchanged vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value 11-2026: 0.5%● unchanged vs 10-2026lowest value

Financial strength
Weak

16equity -8.6% of total assets
6short-term debt 108.0% · cash 4.8%
16return on assets -8.6%

Score breakdown

raises risk
Capped at 59: negative equity
Negative equity -€54,138
Loss of €54,138 (financial year 2025)
lowers risk
Size: total assets €630,726
Sector: Real estate activities (NACE 68)
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 68, micro). It does better than 14% of them on solvency, 8% on liquidity and 18% on profitability.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 1,251 companies had the same profile as PRIME PROJECT DEVELOPMENT has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PRIME PROJECT DEVELOPMENT itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,251 companies, not a prediction for PRIME PROJECT DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No credit on open account

Liquidity is insufficient, with a current ratio of 0.93, below 1. Short-term debt is 108% and cash 4.8% of total assets. Equity is negative.

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

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €630,726
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Negative equity -€54,138
NBB · annual accounts
raises risk · Loss of €54,138 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 · 1 filing
Deviation from the deadline
2025
1 day early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

NI
Director, GUTMER Laurent
SD
Director, DWEK Sandra
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1009168697
First establishment Hesperidenlaan 3, Uccle
Incorporation Founding capital of €10, 100 shares · Founders: SANDRA D and NBG INVEST · Appointments: SANDRA D (director) and NBG INVEST (director) · published on 10-05-2024 · Gazette deed
All 4 events

Comparable companies

same main activity, similar in size and age
Company
PRIME PROJECT DEVELOPMENT Uccle €630,726 -€1,564 -8.6% -
NOVA DEVELOPMENT Brussels €572,363 -€15,131 -2.2% -
Isala Living Brussels €508,690 -€3,616 95.8% -
KEMISA Schaerbeek €696,345 -€5,568 21.4% -
SIGMA PROJECT Woluwe-Saint-Pierre €810,895 -€11,608 -1.8% -
WELES Stabroek €656,497 -€26,309 -3.0% -
BDB Development Zwevegem €661,198 -€20,994 -4.5% -

These companies have the same main activity as PRIME PROJECT DEVELOPMENT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €509,000 and €811,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 07-05-2024Normal situation
Activity
Development of residential building projectsNACE 68121and 4 others
Establishment unit
2.362.574.2631180 Uccle, since 01-06-2024
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2025

€630,726
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on PRIME PROJECT DEVELOPMENT

PRIME PROJECT DEVELOPMENT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€54,138) and a net result of -€54,138.

Its solvency ranks better than 11% of 11,297 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PRIME PROJECT DEVELOPMENT

What is the company number of PRIME PROJECT DEVELOPMENT?
The company number of PRIME PROJECT DEVELOPMENT is 1009.168.697. The VAT number is the same number with BE in front: BE 1009.168.697.
Where is PRIME PROJECT DEVELOPMENT based?
The registered office is at Hesperidenlaan 3, 1180 Uccle.Company details
What does PRIME PROJECT DEVELOPMENT do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of PRIME PROJECT DEVELOPMENT?
PRIME PROJECT DEVELOPMENT is a private limited company (BV).
When was PRIME PROJECT DEVELOPMENT founded?
PRIME PROJECT DEVELOPMENT was founded on 07-05-2024.
Is PRIME PROJECT DEVELOPMENT still active?
Yes, PRIME PROJECT DEVELOPMENT is an active enterprise in the KBO register.
What is the turnover of PRIME PROJECT DEVELOPMENT?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is PRIME PROJECT DEVELOPMENT profitable?
In financial year 2025, PRIME PROJECT DEVELOPMENT made a loss of €54,138.
Where can I find the annual accounts of PRIME PROJECT DEVELOPMENT?
PRIME PROJECT DEVELOPMENT filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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