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Primedak

Active
Private limited companyfounded 2024active for 2 yearsNederstraat 21, 9910 Aalter, BelgiumKBO/BCE: BE 1009.670.921
Summary

The computed 12-month bankruptcy probability of Primedak is 5.8% (elevated). The 2025 annual accounts show equity of €42,480 and a net result of €2,480. Its solvency ranks better than 19% of 9,632 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (54 days) Filed on 23 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00523174.

Equity
€42,480
Total assets
€227,375
Net result
€2,480
Working capital
€5,843

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €227,375
Fixed assets €90,746
Current assets €136,629
Equity and liabilities €227,375
Equity €42,480
Debt €184,895
Debt finances 81.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€49,795
Cash flow
€42,764
Current ratio
1.04
Quick ratio
0.73
Debt to equity
4.35
ROE
5.8%
ROA
1.1%
Interest coverage
6.41
Debt ≤ 1 year
€130,785
Debt > 1 year
€50,609
Staff costs
€315,755

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
94.9% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,542 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 48 lines
Balance sheet Code2025
Assets
Total assets20/58€227,375
Fixed assets21/28€90,746
Tangible fixed assets22/27€83,546
Plant, machinery and equipment23€39,375
Furniture and vehicles24€44,171
Financial fixed assets28€7,200
Current assets29/58€136,629
Stocks and contracts in progress3€41,000
Stocks30/36€21,000
Contracts in progress37€20,000
Amounts receivable within one year40/41€60,608
Trade receivables40€42,099
Other amounts receivable41€18,509
Cash at bank and in hand54/58€20,584
Deferred charges and accrued income490/1€14,437
Equity and liabilities
Total equity and liabilities10/49€227,375
Equity10/15€42,480
Contributions10/11€40,000
Reserves13€2,480
Distributable reserves133€2,480
Amounts payable17/49€184,895
Amounts payable after more than one year17€50,609
Financial debts170/4€50,609
Amounts payable within one year42/48€130,785
Current portion of amounts payable after more than one year42€20,595
Trade debts44€76,473
Suppliers440/4€76,473
Taxes, remuneration and social security45€7,930
Taxes450/3€422
Remuneration and social security454/9€7,508
Other amounts payable47/48€25,788
Accrued charges and deferred income492/3€3,501
Income statement Code2025
Remuneration, social security and pensions62€315,755
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,285
Other operating charges640/8€5,083
Gross operating margin9900€370,634
Operating profit (loss)9901€9,510
Financial income75/76B€740
Recurring financial income75€740
Financial charges65/66B€7,770
Recurring financial charges65€7,770
Profit (loss) for the period before taxes9903€2,480
Profit (loss) for the period9904€2,480
Profit (loss) for the period to be appropriated9905€2,480
Appropriation of the result
Profit (loss) to be appropriated9906€2,480
Transfer to equity691/2€2,480
To other reserves6921€2,480
Social balance sheet
Average headcount (FTE)90874.2

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€315,755
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40,285
Other operating charges640/8€5,083
Gross operating margin9900€370,634
Operating profit (loss)9901€9,510
Financial income75/76B€740
Recurring financial income75€740
Financial charges65/66B€7,770
Recurring financial charges65€7,770
Profit (loss) for the period before taxes9903€2,480
Profit (loss) for the period9904€2,480
Profit (loss) for the period to be appropriated9905€2,480
Line2025
Assets
Total assets20/58€227,375
Fixed assets21/28€90,746
Tangible fixed assets22/27€83,546
Plant, machinery and equipment23€39,375
Furniture and vehicles24€44,171
Financial fixed assets28€7,200
Current assets29/58€136,629
Stocks and contracts in progress3€41,000
Stocks30/36€21,000
Contracts in progress37€20,000
Amounts receivable within one year40/41€60,608
Trade receivables40€42,099
Other amounts receivable41€18,509
Cash at bank and in hand54/58€20,584
Deferred charges and accrued income490/1€14,437
Equity and liabilities
Total equity and liabilities10/49€227,375
Equity10/15€42,480
Contributions10/11€40,000
Reserves13€2,480
Distributable reserves133€2,480
Amounts payable17/49€184,895
Amounts payable after more than one year17€50,609
Financial debts170/4€50,609
Amounts payable within one year42/48€130,785
Current portion of amounts payable after more than one year42€20,595
Trade debts44€76,473
Suppliers440/4€76,473
Taxes, remuneration and social security45€7,930
Taxes450/3€422
Remuneration and social security454/9€7,508
Other amounts payable47/48€25,788
Accrued charges and deferred income492/3€3,501
Line2025
Profit (loss) for the period9904€2,480
+ Depreciation and write-downs630€40,285
Operating cash flow (approximation)€42,764

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 23-09-2026 2026-00523174

Similar companies · same sector, comparable size

Of the 8,434 active companies whose main activity is roofing work (NACE 43410), figures are known for 4,414. 3,667 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €580 awarded · €580 paid
Year Entries AwardedPaid
2025 1 €256€256
2024 1 €324€324
Schemes
2 entries · €580 · €580 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.