PRIMECON
ActiveSummary
PRIMECON has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205k and a net result of €51k. Equity is growing by ~35.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 1909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82=
Solvency67▼-33
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 3.69 in 2024; short-term debt: 57.6% and cash: 37.8% of total assets), but 57.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% 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 2025Solvency, return and age of the figures
Solvency
42.1%
Return on assets
10.4%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
5 d early
2022
11 d late
2021
325 d late
2020
26 d late
2019
19 d late
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€205k▼ 40.6%
2024 · €344k
Total assets
€486k▲ 8.4%
2024 · €449k
Net result
€51k▲ 4.4%
2024 · €48k
Working capital
€166k▼ 39.3%
2024 · €274k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€103k▲ 43,248%€87k▼ 15.4%€107k▲ 23.6%€50k▼ 53.7%€69k▲ 39.6%
Net result€75k€69k▼ 8.7%€82k▲ 19.1%€48k▼ 40.9%€51k▲ 4.4%
Equity€145k▲ 108%€214k▲ 47.3%€296k▲ 38.3%€344k▲ 16.3%€205k▼ 40.6%
Total assets€187k▲ 90.1%€339k▲ 80.7%€462k▲ 36.4%€449k▼ 2.9%€486k▲ 8.4%
Debt€42k▲ 47.2%€125k▲ 196%€166k▲ 33.3%€104k▼ 37.2%€282k▲ 170%
Working capital€120k▲ 104%€178k▲ 48.3%€242k▲ 36.2%€274k▲ 13.0%€166k▼ 39.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €486k
Fixed assets
€40k ▼ 45.6%
Current assets
€447k ▲ 18.9%
Equity and liabilities €486k
Equity
€205k ▼ 40.6%
Debt
€282k ▲ 170%
Debt's share of the balance-sheet total rises from 23.3% to 57.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€104k▲
2024 · €74k
Cash flow
€85k▲
2024 · €73k
Current ratio
1.59▼
2024 · 3.69
Debt to equity
1.38▲
2024 · 0.30
ROE
24.7%▲
2024 · 14.0%
ROA
10.4%▼
2024 · 10.8%
Interest coverage
623.84▲
2024 · 19.20
Debt ≤ 1 year
€280k▲
2024 · €102k
Income taxes
€19k▲
2024 · €18k
Staff costs
€101▼
2024 · €124
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €7k | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €866 | €164 | €124 | €101 | ▼ 18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €9k | €18k | €24k | €35k | ▲ 43.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €16k | - | - |
| Other operating charges640/8 | €408 | €699 | €1k | €1k | €1k | ▼ 7.5% |
| Gross operating margin9900 | €112k | €98k | €127k | €92k | €105k | ▲ 14.8% |
| Operating profit (loss)9901 | €103k | €87k | €107k | €50k | €69k | ▲ 39.6% |
| Financial income75/76B | €0 | €11 | €775 | €21k | €493 | ▼ 97.6% |
| Recurring financial income75 | €0 | €11 | €775 | €870 | €493 | ▼ 43.3% |
| Non-recurring financial income76B | - | - | - | €20k | - | - |
| Financial charges65/66B | €44 | €249 | €128 | €4k | €167 | ▼ 95.7% |
| Recurring financial charges65 | €44 | €249 | €128 | €4k | €167 | ▼ 95.7% |
| Profit (loss) for the period before taxes9903 | €103k | €87k | €108k | €67k | €70k | ▲ 4.5% |
| Income taxes67/77 | €27k | €18k | €26k | €18k | €19k | ▲ 4.6% |
| Profit (loss) for the period9904 | €75k | €69k | €82k | €48k | €51k | ▲ 4.4% |
| Profit (loss) for the period to be appropriated9905 | €75k | €69k | €82k | €48k | €51k | ▲ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €187k | €339k | €462k | €449k | €486k | ▲ 8.4% |
| Fixed assets21/28 | €25k | €36k | €57k | €73k | €40k | ▼ 45.6% |
| Intangible fixed assets21 | €2k | €1k | - | €10k | - | - |
| Tangible fixed assets22/27 | €23k | €35k | €57k | €63k | €40k | ▼ 37.4% |
| Plant, machinery and equipment23 | - | €18k | €12k | €31k | €18k | ▼ 41.4% |
| Furniture and vehicles24 | €23k | €17k | €45k | €32k | €22k | ▼ 33.6% |
| Current assets29/58 | €162k | €303k | €405k | €376k | €447k | ▲ 18.9% |
| Amounts receivable within one year40/41 | €54k | €90k | €108k | €25k | €59k | ▲ 136% |
| Trade receivables40 | €54k | €90k | €98k | €25k | €59k | ▲ 136% |
| Other amounts receivable41 | - | - | €10k | - | - | - |
| Current investments50/53 | - | - | €201k | €201k | €201k | ▲ 0.2% |
| Cash at bank and in hand54/58 | €97k | €211k | €93k | €147k | €184k | ▲ 24.8% |
| Deferred charges and accrued income490/1 | €10k | €2k | €3k | €2k | €3k | ▲ 15.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €187k | €339k | €462k | €449k | €486k | ▲ 8.4% |
| Equity10/15 | €145k | €214k | €296k | €344k | €205k | ▼ 40.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €19k | ▲ 200% |
| Reserves13 | €138k | €207k | €289k | €337k | €185k | ▼ 45.1% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €136k | €205k | €289k | €337k | €185k | ▼ 45.1% |
| Profit (loss) carried forward14 | €923 | €923 | €923 | €923 | €923 | = |
| Amounts payable17/49 | €42k | €125k | €166k | €104k | €282k | ▲ 170% |
| Amounts payable within one year42/48 | €42k | €125k | €163k | €102k | €280k | ▲ 176% |
| Trade debts44 | €3k | €41k | €21k | €15k | €30k | ▲ 102% |
| Suppliers440/4 | €3k | €41k | €21k | €15k | €30k | ▲ 102% |
| Taxes, remuneration and social security45 | €21k | €64k | €126k | €75k | €37k | ▼ 51.3% |
| Taxes450/3 | €21k | €32k | €60k | €40k | €15k | ▼ 63.1% |
| Remuneration and social security454/9 | - | €33k | €66k | €36k | €22k | ▼ 38.3% |
| Other amounts payable47/48 | €18k | €19k | €16k | €12k | €214k | ▲ 1,737% |
| Accrued charges and deferred income492/3 | - | - | €3k | €3k | €1k | ▼ 46.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €75k | €69k | €82k | €48k | €51k | ▲ 4.4% |
| + Depreciation and write-downs630 | €9k | €9k | €18k | €24k | €35k | ▲ 43.1% |
| Operating cash flow (approximation) | €85k | €78k | €100k | €73k | €85k | ▲ 17.4% |
| Investment in fixed assets (approximation) | - | €-20k | €-39k | €-40k | €-1k | ▲ 96.5% |
| Change in cash | - | €113k | €-117k | €54k | €37k | ▼ 32.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €82k ▲19.1%
Operating result €107k, net result €82k, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 325 days late
2022
31-12
Financial
Equity above €200kEq €214k ▲47.3%
2 profitable years in a row build equity to €214k.
2021
31-12
Financial
Back to profitnet €75k
Net result €75k after one loss-making year.
31-12
Financial
Equity above €100kEq €145k ▲108%
Equity rises from €70k to €145k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet €-243
Net result drops to €-243, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2017
Ground area
1,105 m²
Building footprint
133 m²
Volume, LiDAR
745 m³
Parcel 71054B0012/00S000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Primecon
since 20172.272.397.224
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71054B0012/00S000 | Flanders | 1,105 m² | 1 · 132 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 210 EUR awarded · 210 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 210 EUR | 210 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
E S Y Servies
BE 0741.523.329
Antwerpen · Eq €204,817
WELDRR
BE 0721.626.055
Evergem · Eq €205,811
MAINTENANCE TUYAUTERIE SERVICE
BE 0462.674.162
Manage · Eq €206,076
IZR-werken
BE 0896.721.844
Houthulst · Eq €206,434
JL Création & Design
BE 0715.714.696
Malmedy · Eq €201,996
Of 3,464 companies in sector 25530 we hold annual accounts for 1,655. 1,340 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
Founded27-03-2017
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
28150Manufacture of machinery and equipment not elsewhere classified
Scores and ratios are computed by Checked and are not a credit decision.