Primo-Syndic
The computed 12-month bankruptcy probability of Primo-Syndic is 2.1% (moderate). The 2024 annual accounts show negative equity (€-4k) and a net result of €-7k. Equity is shrinking by ~103.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 4949 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-4k |
| Net result | €-7k |
| Better than sector | 5% |
| Active | 3 yrs |
Strong profile, led by profitability.
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 | -49.1% | 16.7% | |
| Net result | €-7k | €2k | |
| Equity | €-4k | €27k | |
| Gross operating margin | €-5k | €27k | |
| Total assets | €8k | €302k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-6k |
| Net profit | €-7k |
| Cash flow | €-6k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €8k |
| Equity | €-4k |
| Debt | €12k |
| of which ≤ 1y | €64 |
| of which > 1y | €12k |
| Working capital | €4k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 58.11 |
| Quick ratio | 58.11 |
| Working capital ratio | 45.2% |
| Solvency | -49.1% |
| Debt / equity | -3.04 |
| Long-term debt ratio | -3.02 |
| Interest coverage | -30.11 |
| Gross margin | - |
| Net margin | - |
| ROA | -90.6% |
| ROE | 184.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €8k |
| Fixed assets | 21/28 | €4k |
| Intangible fixed assets | 21 | €4k |
| Current assets | 29/58 | €4k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8k |
| Equity | 10/15 | €-4k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-10k |
| Amounts payable | 17/49 | €12k |
| Amounts payable after one year | 17 | €12k |
| Amounts payable within one year | 42/48 | €64 |
| Trade debts payable within one year | 44 | €64 |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-7k |
| Financial charges | 65 | €184 |
| Result before taxes | 9903 | €-7k |
| Net result for the period | 9904 | €-7k |
| Result to be appropriated | 9905 | €-7k |
-
Current20-11-2025 → present
2 events
- 20-11-2025 Appointed· Director
- 05-12-2024 Resigned· Director
-
Current05-12-2024 → present
Former directors (1)
-
Former- → 05-12-2024
| NACE primary | Real estate activities(68321) |
| Legal form | Private limited company(610) |
| Incorporation | 05-09-2022 |
| Status | Active |
| Postal code | 7090 |
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. |
|---|---|---|---|---|
| 55004H0230/00C000 | Wallonia | 1,047 m² | 1 · 239 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-01-2026 Olivier Schwartz appointed as director
- Olivier Schwartz, Bestuurder
Technical details
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}24-12-2024 1 director appointed, 2 resigning
- Melissa Lista Rodrigues, Bestuurder
- Marc Tihon, Bestuurder
- Olivier Schwartz, Bestuurder
Technical details
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}07-09-2022 Incorporation of a new SRL
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Primo-Syndic |