Primetals Technologies Belgium
ActiveSummary
The computed 12-month bankruptcy probability of Primetals Technologies Belgium is 3.7% (moderate). The 2026 annual accounts show negative equity (-€3.2m) and a net result of -€1.5m. Equity has been shrinking by about 51% per year since 2020. Its solvency ranks better than 13% of 154 sector peers (NACE 74, financial year 2026). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 21-08-2014 Normal situation
- Activity
- Other professional, scientific and technical activities NACE 74999and 4 others
- Joint committee
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 31-03-2025
- Establishment unit
- 2.236.225.132 1620 Drogenbos, since 21-08-2014
- Financial year end
- 31 March
- Peppol
- Reachable since 01-01-0001
Board and ownership
- ZEIHER Hans-JürgenDirector · since 08-09-2021
- Juha Van RietDirector · since 01-01-2025
- Auditor
- VGD Bedrijfsrevisoren BV
- Primetals Technologies Limited99.99%annual accounts 31-03-2025
- Mitsubishi Heavy Industry, Ldtconsolidatesannual accounts 31-03-2025
- 三菱重工業株式会社consolidatedLEI register
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.7%
- Turnover
- €15.5m
- ▲ 10.4%
- Loss
- €1.5m
- ▲ 38.1%
- Equity
- -€3.2m
- ▼ 84.0%
- Total assets
- €6.6m
- ▼ 70.4%
- Staff
- 36.4 FTE
- ▼ 2.9%
- Negative equity on 31-03-2026
Score breakdownraises riskNegative equity -€3.2mLoss of €1.5m, the second in a row (financial year 2026)Liquidity: current ratio 0.70, cash €20,989, halvedlowers riskSector: Other professional, scientific and technical activities (NACE 74)Show the evidence
Checked score
About 4 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 74, small). It does better than 1% of them on solvency, 1% on liquidity, 4% on profitability and 34% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 74), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2026 -€3.2m View
- Risk: 4 loss-making years in a rowloss in financial year 2026 -€1.5m View
- Caution: Equity fell in 2026from -€1.7m to -€3.2m ▼ 84.0% View
- Caution: Lower net result than 95% of companies in other professional activitiessector median €11,231 · 154 companies -€1.5m View
Recent changes
- · Gazette deed Appointment: BV VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Jurgen Lelie
- · Gazette deed Resignation: Christian Delcourt (director)
- · Gazette deed Resignation: Frédéric Bareel (day-to-day manager)
Comparable companies
These companies have the same main activity as Primetals Technologies Belgium: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €3.6m and €12m, founded between 2007 and 2017.
| Company | Total assets | Turnover |
|---|---|---|
| Primetals Technologies Belgium Drogenbos | €6.6m | €15.5m |
| Lam Research Belgium Leuven | €5.4m | €8.1m |
| ELYSIA Seraing | €8.0m | €12.5m |
| FIRST WAVE Etterbeek | €7.3m | €8.6m |
| TÜV AUSTRIA BELGIUM Rotselaar | €10.8m | €15.2m |
| CONSULTES Leuven | €3.6m | €5.1m |
| Centrica Business Solutions Belgium Antwerpen | €12.0m | €15.6m |
Key facts about Primetals Technologies Belgium
- What is the company number of Primetals Technologies Belgium?
- The company number of Primetals Technologies Belgium is 0559.951.702. The VAT number is the same number with BE in front: BE 0559.951.702.
- Where is Primetals Technologies Belgium based?
- The registered office is at W.A. Mozartlaan 4, 1620 Drogenbos.Company details
- What does Primetals Technologies Belgium do?
- According to the KBO register, the main activity is other professional, scientific and technical activities (NACE 74999).
- What is the legal form of Primetals Technologies Belgium?
- The legal form of Primetals Technologies Belgium is Public limited company (NV).
- When was Primetals Technologies Belgium founded?
- Primetals Technologies Belgium was founded on 21-08-2014.
- Is Primetals Technologies Belgium still active?
- Yes, Primetals Technologies Belgium is an active enterprise in the KBO register.
- How many employees does Primetals Technologies Belgium have?
- Primetals Technologies Belgium had an average of 36.4 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does Primetals Technologies Belgium fall under?
- In its 31-03-2025 annual accounts, Primetals Technologies Belgium states joint committee 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
- What is the turnover of Primetals Technologies Belgium?
- The turnover of Primetals Technologies Belgium was €15.5m in financial year 2026, according to the filed annual accounts.
- Is Primetals Technologies Belgium profitable?
- In financial year 2026, Primetals Technologies Belgium made a loss of €1.5m.
- Where can I find the annual accounts of Primetals Technologies Belgium?
- Primetals Technologies Belgium filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Primetals Technologies Belgium due?
- Primetals Technologies Belgium must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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