PRIME SELECTION SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of PRIME SELECTION SERVICES is 1.5% (moderate). The 2025 annual accounts show equity of €3,719 and a net result of -€6,281. Its solvency ranks better than 39% of 3,304 sector peers (NACE 95, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-11-2024 Normal situation
- Activity
- Washing and cleaning of motor vehicles NACE 95316
- Joint committee
- 112 Paritair Comité voor het garagebedrijf · annual accounts 2025
- Establishment unit
- 2.374.093.905 3600 Genk, since 01-05-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 07-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Turnover
- €48,566
- Loss
- €6,281
- Equity
- €3,719
- Total assets
- €13,869
- Employees on 31-12-2025
- 3
Score breakdownraises riskFounded in 2024lowers riskLiquidity: current ratio 0.71, cash €2,412Size: turnover €48,566, total assets €13,869Figures for financial year 2025 (filed on 04-06-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 95, micro). It does better than 37% of them on solvency, 24% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 01-11-2026 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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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 04-06-2026 at the NBB
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 3 |
| part-time | 3 |
| in full-time equivalents | 1.3 |
| Average over the year, in full-time equivalents | 1 |
| Joined | 5 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €699 |
| Financial fixed assets | €6,000 |
| Depreciation and write-downs of the year | €57 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as PRIME SELECTION SERVICES: washing and cleaning of motor vehicles (NACE 95316). They are comparable in size and age: total assets between €9,370 and €21,900, founded between 2023 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| PRIME SELECTION SERVICES Genk | 2024 | €13,869 | €3,719 | €19,615 | €48,566 | -€6,281 | 2025 |
| PALU INVESTMENT Tessenderlo-Ham | 2023 | €13,626 | €5,288 | €15,936 | - | €288 | 2024 |
| O'SPLASH Andenne | 2024 | €19,620 | -€1,885 | €20,046 | - | -€6,885 | 2025 |
| HOTAK GROUP Tremelo | 2024 | €14,600 | €97 | €14,597 | - | €8,517 | 2025 |
| BEST.HANDCARWASH Scherpenheuvel-Zichem | 2025 | €9,371 | -€3,458 | €15,340 | €49,614 | -€8,458 | 2025 |
| WE WASH Ukkel | 2024 | €21,935 | €13,812 | €17,387 | - | €13,812 | 2025 |
| Bangion Anderlecht | 2023 | €14,766 | €3,274 | €26,561 | - | €1,677 | 2025 |
They were chosen from the 869 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 177 companies had the same profile as PRIME SELECTION SERVICES has now. Two years later, 3.4% had gone bankrupt and 91.5% were still going.
- Micro
- under 2 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
That fits the bankruptcy probability of PRIME SELECTION SERVICES itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,445 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.
| 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 177 companies, not a prediction for PRIME SELECTION SERVICES. 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.
| Line | 2025 |
|---|---|
| Turnover70 | €48,566 |
| Goods, raw materials, services and sundry goods60/61 | €28,951 |
| Remuneration, social security and pensions62 | €25,119 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57 |
| Other operating charges640/8 | €659 |
| Gross operating margin9900 | €19,615 |
| Operating profit (loss)9901 | -€6,220 |
| Financial charges65/66B | €61 |
| Recurring financial charges65 | €61 |
| Profit (loss) for the period before taxes9903 | -€6,281 |
| Profit (loss) for the period9904 | -€6,281 |
| Profit (loss) for the period to be appropriated9905 | -€6,281 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €13,869 | |
| Fixed assets21/28 | €6,642 | |
| Tangible fixed assets22/27 | €642 | |
| Plant, machinery and equipment23 | €642 | |
| Financial fixed assets28 | €6,000 | |
| Current assets29/58 | €7,227 | |
| Amounts receivable within one year40/41 | €4,816 | |
| Trade receivables40 | €4,816 | |
| Cash at bank and in hand54/58 | €2,412 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €13,869 | |
| Equity10/15 | €3,719 | |
| Contributions10/11 | €10,000 | |
| Profit (loss) carried forward14 | -€6,281 | |
| Amounts payable17/49 | €10,150 | |
| Amounts payable within one year42/48 | €10,150 | |
| Trade debts44 | €2,095 | |
| Suppliers440/4 | €2,095 | |
| Taxes, remuneration and social security45 | €8,055 | |
| Taxes450/3 | €3,881 | |
| Remuneration and social security454/9 | €4,173 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€6,281 |
| + Depreciation and write-downs630 | €57 |
| Operating cash flow (approximation) | -€6,223 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-06-2026 | 2026-00136945 | NBB |
Board & ownership
Directors
Owners and capital
Shareholders
- SAFI Ali Akbar 100 shares (100%) · €10,000 in cash
Capital transactions
- 26-11-2024 Incorporation · €10,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, 1”“1”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Voor helft overdrager en helft koper(s),naar evenredigheid verworven aantal bij meerdere kopers, in onderling overleg of bij betwisting door…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Naar evenredigheid aantal aandelen in bezit, tenminste vijftien dagen vanaf openstelling intekening”
- Membership ruleThe articles set who can become a member or partner, and on what terms.
- “Mogen in bezit zijn van natuurlijke personen of rechtspersonen, meer dan 50% aandelen en stemrechten in bezit van natuurlijke personen die…”
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding om welke reden en op welk tijdstip ook, algemene vergadering mag een of meer vereffenaars benoemen en bevoegdheden en emolumenten…”
Articles of association, deed of 26-11-2024 (in Dutch)
Network & group
PRIME SELECTION SERVICES shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of PRIME SELECTION SERVICES. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-11
Gazette deed
IncorporationStarting capital €10,000 · Appointment: SAFI Ali Akbar (director) · Founder8 points ▸
- Incorporation, “PRIME SELECTION SERVICES” (deed in Dutch)
- Founder, SAFI Ali Akbar (comparant)
- Founding capital, €10,000
- Other provision, “statuten, statuten luiden als volgt” (deed in Dutch)
- Registered office clause, “3600 Genk, Maaseikerbaan”, 16 (deed in Dutch)
- Other provision, “in opmaakt, website en e-mailadres” (deed in Dutch)
- Director appointment, SAFI Ali Akbar (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20252 activities
- Car-Wash.
- Wassen mechanisch als met de hand van wagens en voertuigen in het algemeen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71303B1141/00M002 | Flanders | 719 m² | 1 · 389 m² | 10.1 m · 2 |