PRIMO SERVICE
The computed 12-month bankruptcy probability of PRIMO SERVICE is 5.0% (elevated). The 2024 annual accounts show negative equity (€-61k) and a net result of €-19k. Equity is shrinking by ~86.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 992 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-61k |
| Net result | €-19k |
| Better than sector | 5% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -102.7% | 35.4% | |
| Net result | €-19k | €30k | |
| Equity | €-61k | €121k | |
| Gross operating margin | €14k | €172k | |
| Total assets | €60k | €527k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-3k |
| Net profit | €-19k |
| Cash flow | €-4k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €60k |
| Equity | €-61k |
| Debt | €121k |
| of which ≤ 1y | €121k |
| of which > 1y | - |
| Working capital | €-100k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.18 |
| Quick ratio | 0.18 |
| Working capital ratio | -166.4% |
| Solvency | -102.7% |
| Debt / equity | -1.97 |
| Long-term debt ratio | - |
| Interest coverage | -4.12 |
| Gross margin | - |
| Net margin | - |
| ROA | -32.5% |
| ROE | 31.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €60k |
| Fixed assets | 21/28 | €38k |
| Tangible fixed assets | 22/27 | €38k |
| Current assets | 29/58 | €22k |
| Amounts receivable within one year | 40/41 | €18k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €60k |
| Equity | 10/15 | €-61k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €-73k |
| Amounts payable | 17/49 | €121k |
| Amounts payable within one year | 42/48 | €121k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €14k |
| Operating result | 9901 | €-19k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €687 |
| Result before taxes | 9903 | €-19k |
| Net result for the period | 9904 | €-19k |
| Result to be appropriated | 9905 | €-19k |
-
Ismail BekarDirectorState Gazette act 26032774 (05-03-2026)Current19-02-2026 → present
Former directors (1)
-
Cihan EyriDirectorState Gazette act 26032774 (05-03-2026)Former- → 19-02-2026
| NACE primary | Specialised construction(43222) |
| Legal form | Private limited company(610) |
| Incorporation | 17-11-2021 |
| Status | Active |
| Postal code | 9000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0887/00T004 | Flanders | 151 m² | 1 · 96 m² | 14.6 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
05-03-2026 2 directors appointed, 1 resigning
- Ismail Bekar, Bestuurder
- BV umain Gent, Dagelijks bestuur
- Cihan Eyri, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Cihan Eyri",
"address": "Wasstraat 21, 2600 Berchem (Antwerpen)",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": "2026-02-19",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van Cihan Eyri, met woonplaats te 2600 Berchem (Antwerpen) Wasstraat 21, als niet-statutaire bestuurder, en dit met ingang op 19/02/2026.",
"decharge_status": null,
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"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
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"name": "Ismail Bekar",
"address": "Palmendreef 50A, 9040 Gent",
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"profession": null,
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},
"reason": null,
"subkind": null,
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"statutory": "niet_statutair",
"compensated": false,
"effective_date": "2026-02-19",
"evidence_quote": "De algemene vergadering beslist tot de benoeming van Ismail Bekar, met woonplaats te 9040 Gent, Palmendreef 50A, als niet-statutaire bestuurder, en dit met ingang op 19/02/2026. Dit mandaat geldt voor onbepaalde duur. Het mandaat is onbezoldigd, tenzij de algemene vergadering daar met een gewone mee",
"decharge_status": null,
"mandate_duration": {
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},
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},
{
"kind": "delegation_dagelijks_bestuur_in",
"role": "dagelijks_bestuur",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0426.987.070",
"name": "BV umain Gent",
"address": "Brugsevaart 92, 9030 Gent",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering verleent volmacht aan BV umain Gent, rechtspersoon met zetel te 9030 Gent, Brugsevaart 92, RPR Gent, gekend in de KBO onder nummer 0426.987.070, en aan diens aangestelden, voor onbepaalde tijd en tot aan de uitdrukkelijke herroeping, voor wat betreft de acties nodig voor de u",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-05",
"filing_date": "2026-02-25",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2026-02-19",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2026-02-19",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2026-02-19",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0777.415.507",
"name_full": "PRIMO SERVICE",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": "BV umain Gent",
"person_name": "Nick Moens",
"org_rep_person_name": "Nick Moens",
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}19-11-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9000 Gent, Antwerpsesteenweg 19",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "EYRI Cihan",
"niss": null,
"address": "2600 Antwerpen (Berchem), Wasstraat 21"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 5000,
"holder_person_name": "EYRI Cihan",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 5000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0777.415.507",
"name_full": "PRIMO SERVICE",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-11-15",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PRIMO SERVICE |