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Primmodec

Active
Private limited companyfounded 2024active for 1 yearCollegebaan 2C, 9090 Merelbeke-Melle, Belgium16 active companies are registered at this addressKBO/BCE: BE 1015.944.940
Summary

Primmodec has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €581,436 and a net result of -€68,564. Its solvency ranks better than 41% of 10,995 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Development of non-residential building projects
NACE 68122
1 site
Size
€2.6mtotal assets 2025
Equity
€581,436
Loss
-€68,564
Turnover not published (abbreviated format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
BELFIMA INVEST · 100%
Accounts filed 4 days late0 of 1 deed read
Why 93lowers riskSize: total assets €2.6mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 04-08-2026)Liquidity: current ratio 1.29, cash €985,951Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 68, small)
Financial strength
Weak
Solvency 47
equity 22.4% of total assets
Liquidity 55
short-term debt 77.4% · cash 38.0%
Profitability 15
return on assets -2.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,968 companies, NACE 68, small)
Last 24 months 12-2025: 0.7% 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026highest value 08-2026: 0.9%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.9 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity tight (current ratio 1.29, below the usual 1.5; short-term debt: 77.4% and cash: 38% of total assets), and 77.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 42% on solvency, 80% on liquidity and 8% on profitability.

The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed 04-08-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.29, cash €985,951
NBB · annual accounts
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
4 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…

Key points

  • Caution: Among the weakest 14% on net resultsector median €10,261 · 10,985 companies -€68,564 View
  • Controlled by BELFIMA INVEST 100% View
  • Total assets 2025first financial year filed €2.6m View

By topic

Financials

Financial year
2025
Total assets
€2.6m
Loss
-€68,564
Solvency
22.4%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Development of non-residential building projectsNACE 68122
Founded
06-11-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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