PRIME SHINE
ActiveSummary
The computed 12-month bankruptcy probability of PRIME SHINE is 3.4% (moderate). The 2024 annual accounts show negative equity (-€34,932) and a net result of -€30,541. Its solvency ranks better than 5% of 3542 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 54 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,638 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €498 | €18,778 | ▲ 3,671% |
| Goods, raw materials, services and sundry goods60/61 | €9,889 | €36,667 | ▲ 271% |
| Remuneration, social security and pensions62 | - | €12,487 | - |
| Gross operating margin9900 | -€9,391 | -€17,889 | ▼ 90.5% |
| Operating profit (loss)9901 | -€9,391 | -€30,376 | ▼ 223% |
| Financial charges65/66B | - | €165 | - |
| Recurring financial charges65 | - | €165 | - |
| Profit (loss) for the period before taxes9903 | -€9,391 | -€30,541 | ▼ 225% |
| Profit (loss) for the period9904 | -€9,391 | -€30,541 | ▼ 225% |
| Profit (loss) for the period to be appropriated9905 | -€9,391 | -€30,541 | ▼ 225% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €870 | €2,476 | ▲ 185% |
| Current assets29/58 | €870 | €2,476 | ▲ 185% |
| Amounts receivable within one year40/41 | €666 | €975 | ▲ 46.4% |
| Trade receivables40 | €399 | €975 | ▲ 144% |
| Other amounts receivable41 | €267 | - | - |
| Cash at bank and in hand54/58 | €204 | €1,501 | ▲ 636% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €870 | €2,476 | ▲ 185% |
| Equity10/15 | -€4,391 | -€34,932 | ▼ 696% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€9,391 | -€39,932 | ▼ 325% |
| Amounts payable17/49 | €5,261 | €37,408 | ▲ 611% |
| Amounts payable within one year42/48 | €5,261 | €37,408 | ▲ 611% |
| Trade debts44 | €228 | €400 | ▲ 75.4% |
| Suppliers440/4 | €228 | €400 | ▲ 75.4% |
| Taxes, remuneration and social security45 | - | €11,271 | - |
| Taxes450/3 | - | €1,461 | - |
| Remuneration and social security454/9 | - | €9,810 | - |
| Other amounts payable47/48 | €5,033 | €25,737 | ▲ 411% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€9,391 | -€30,541 | ▼ 225% |
| Operating cash flow (approximation) | -€9,391 | -€30,541 | ▼ 225% |
| Change in cash | - | €1,297 | - |
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
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3066/00G003 | Flanders | 328 m² | 1 · 133 m² | 12.4 m · 2 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Similar companies · same sector and region
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.