PRIMMODEV

Inactive

KBO/BCE: BE 0882.789.674

Inactive; last annual accounts for fiscal year 2016.

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Signals

1 signal. The signal on the left, the evidence on the right.

+raises risk

Filed more than 90 days late

The financial year that closed on 31-03-2016 was due by 31-10-2016 and was filed on 06-02-2017, 98 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2016

98 d late

2015

137 d early

2014

5 d late

2013

on the day

2012

14 d early

2011

28 d late

2010

17 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2016, full schema

Turnover

€993k▼ 31.2%

2015 · €1.44M

2013: €30k 2014: €758k 2015: €1.44M

2013 → 2016

EBIT margin

44.6%▲ 3.8pp

2015 · 40.8%

2013: -2799.9% 2014: 76.4% 2015: 40.8%

2013 → 2016

Net result

€-2.06M

2015 · €461k

2012: €-603k 2013: €-1.03M 2014: €323k 2015: €461k

2012 → 2016

Working capital

€-2.53M▼ 1,564%

2015 · €-152k

2012: €-347k 2013: €-7.67M 2014: €-847k 2015: €-152k

2012 → 2016

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20122013201420152016Trend

Turnover€30k€758k▲ 2,418%€1.44M▲ 90.1%€993k▼ 31.2%

Equity€-785k-€-1.81M▼ 131%€-1.49M▲ 17.8%€-1.03M▲ 31.0%€-886k▲ 13.8%

Operating result€-574k-€-843k▼ 46.9%€580k€588k▲ 1.4%€442k▼ 24.7%

Net result€-603k-€-1.03M▼ 70.2%€323k€461k▲ 42.9%€-2.06M

Result per fiscal year

Operating resultNet result

The operating result falls in 2016; 2016 is 25% below 2015.

Balance-sheet composition

2016 in colour, 2015 as the grey bar beneath

Assets €10.20M

98.4%

Fixed assets €10.04M ▲ 0.2%

Current assets €166k ▼ 50.9%

Key figures and ratios

2016 value · change against 2015

EBITDA

€694k▼

2015 · €965k

Cash flow

€-1.81M▼

2015 · €839k

Solvency

-8.7%▲

2015 · -9.9%

Current ratio

0.06▼

2015 · 0.69

Debt to equity

-9.37▲

2015 · -10.51

ROA

-20.2%▼

2015 · 4.5%

Interest coverage

12.57▲

2015 · 7.21

Debt

€11.09M▼

2015 · €11.39M

Debt ≤ 1 year

€2.69M▲

2015 · €489k

Debt > 1 year

€8.30M▼

2015 · €10.80M

Income taxes

€2.45M▲

2015 · €-265

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2016 against 2015 · 24 lines

Balance sheet Code20152016

Assets

Total assets20/58€10.36M€10.20M▼

Fixed assets21/28€10.02M€10.04M▲

Tangible fixed assets22/27€10.02M€10.04M▲

Current assets29/58€337k€166k▼

Amounts receivable within one year40/41€170k€101k▼

Cash at bank and in hand54/58€155k€54k▼

Equity and liabilities

Total equity and liabilities10/49€10.36M€10.20M▼

Equity10/15€-1.03M€-886k▲

Contributions10/11€63k€2.26M▲

Profit (loss) carried forward14€-1.09M€-3.15M▼

Amounts payable17/49€11.39M€11.09M▼

Amounts payable after more than one year17€10.80M€8.30M▼

Amounts payable within one year42/48€489k€2.69M▲

Trade debts44€367k€181k▼

Income statement Code20152016

Turnover70€1.44M€993k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€378k€251k▼

Operating profit (loss)9901€588k€442k▼

Recurring financial income75€8k€0▼

Recurring financial charges65€134k€55k▼

Debt charges650€134k€55k▼

Profit (loss) for the period before taxes9903€461k€387k▼

Income taxes67/77€-265€2.45M▲

Profit (loss) for the period9904€461k€-2.06M▼

Profit (loss) for the period to be appropriated9905€461k€-2.06M▼

Timeline · acts, filings and financial milestones

All 15Financial 3Gazette 2Filings 10

2017

06-02

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 98 days late

2016

23-05

State Gazette act Merger · Accounting effect

Share cancellation · Net-asset statement

31-03

Financial Weakest financial yearnet €-2.06M

Net result drops to €-2.06M, the lowest in the series.

16-02

State Gazette act Merger · Accounting effect

Real estate

2015

15-12

NBB filing Annual accounts filed

fiscal year 2015 · full schema

30-09

Financial Highest result since 2012net €461k ▲42.9%

Operating result €588k, net result €461k, both a record.

05-08

NBB filing Annual accounts filed

fiscal year 2014 · full schema · 5 days late

2014

31-12

Financial Back to profitnet €323k

Net result €323k after 2 loss-making years.

31-07

NBB filing Annual accounts filed

fiscal year 2013 · full schema

2013

17-07

NBB filing Annual accounts filed

fiscal year 2012 · full schema

2012

28-08

NBB filing Annual accounts filed

fiscal year 2011 · full schema · 28 days late

2011

17-08

NBB filing Annual accounts filed

fiscal year 2010 · full schema · 17 days late

Show earlier events

2010

21-06

NBB filing Annual accounts filed

fiscal year 2009 · full schema

2009

26-06

NBB filing Annual accounts filed

fiscal year 2008 · full schema

2008

24-07

NBB filing Annual accounts filed

fiscal year 2007 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 12 acts read

About the unread acts

We know of 12 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.

Structure & network

Acquisitions and mergers

1 transaction

Taken over by:ASCENCIO

BE 0881.334.476merger by absorption · State Gazette act of 23-05-2016 (2 acts) · effective 20-01-2016