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PRIMODAK

Active
Private limited companyfounded 200125 yrs activeBiezenstraat 1, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0475.090.954

PRIMODAK has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220k and a net result of €23k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
76 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+7
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.37 against 2.73 in 2024; short-term debt: 16.5% and cash: 0.5% of total assets), and 16.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
83.2%
Return on assets
8.8%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €220k
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
27 d late
2024
46 d early
2023
26 d early
2022
20 d early
2021
68 d early
2020
5 d early
2019
14 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
neutral · 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 2025, abbreviated schema

Equity
€220k▲ 11.8%
2024 · €197k
2019: €289k 2020: €265k 2021: €314k 2022: €184k 2023: €187k 2024: €197k
2019 → 2025
Total assets
€264k▲ 4.9%
2024 · €252k
2019: €919k 2020: €639k 2021: €559k 2022: €399k 2023: €284k 2024: €252k
2019 → 2025
Net result
€23k▲ 144%
2024 · €10k
2019: €-2k 2020: €6k 2021: €79k 2022: €40k 2023: €3k 2024: €10k
2019 → 2025
Working capital
€-27k
2024 · €63k
2019: €139k 2020: €130k 2021: €218k 2022: €73k 2023: €64k 2024: €63k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€314k-€184k▼ 41.4%€187k▲ 1.7%€197k▲ 5.1%€220k▲ 11.8%
Operating result€104k-€61k▼ 41.0%€9k▼ 86.0%€17k▲ 97.7%€33k▲ 97.1%
Net result€79k-€40k▼ 49.0%€3k▼ 92.4%€10k▲ 212%€23k▲ 144%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €104k€104kNet result 2021: €79k€79kOperating result 2022: €61k€61kNet result 2022: €40k€40kOperating result 2023: €9k€9kNet result 2023: €3k€3kOperating result 2024: €17k€17kNet result 2024: €10k€10kOperating result 2025: €33k€33kNet result 2025: €23k€23k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 97% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €264k
Fixed assets €248k▲ 62.2%
Current assets €16k▼ 83.8%
Equity and liabilities €264k
Equity €220k▲ 11.8%
Debt €44k▼ 19.9%
The debt ratio falls from 21.9% to 16.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€55k
2024 · €25k
Cash flow
€45k
2024 · €17k
Solvency
83.2%
2024 · 78.1%
Current ratio
0.37
2024 · 2.73
Quick ratio
0.37
2024 · 2.73
Debt / equity
0.20
2024 · 0.28
ROE
10.6%
2024 · 4.8%
ROA
8.8%
2024 · 3.8%
Interest coverage
24.57
2024 · 9.08
Debt
€44k
2024 · €55k
Debt ≤ 1 year
€44k
2024 · €36k
Income taxes
€8k
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€252k€264k
Fixed assets21/28€153k€248k
Tangible fixed assets22/27€148k€243k
Land and buildings22€148k€140k
Furniture and vehicles24-€103k
Financial fixed assets28€5k€5k=
Current assets29/58€99k€16k
Amounts receivable within one year40/41€3k€14k
Trade receivables40€2k€13k
Other amounts receivable41€1k€1k
Cash at bank and in hand54/58€86k€1k
Deferred charges and accrued income490/1€11k€363
Equity and liabilities
Total equity and liabilities10/49€252k€264k
Equity10/15€197k€220k
Contributions10/11€19k€19k=
Reserves13€178k€201k
Distributable reserves133€178k€201k
Amounts payable17/49€55k€44k
Amounts payable after more than one year17€19k-
Financial debts170/4€19k-
Amounts payable within one year42/48€36k€44k
Current portion of amounts payable after more than one year42€23k€19k
Trade debts44€5k€2k
Suppliers440/4€5k€2k
Taxes, remuneration and social security45€5k€9k
Taxes450/3€5k€9k
Other amounts payable47/48€4k€13k
Accrued charges and deferred income492/3€297€823
Income statement Code20242025
Non-recurring operating income76A€9k-
Remuneration, social security and pensions62€50-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€22k
Other operating charges640/8€3k€7k
Gross operating margin9900€27k€62k
Operating profit (loss)9901€17k€33k
Financial income75/76B€207€113
Recurring financial income75€207€113
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Non-recurring financial charges66B€303-
Profit (loss) for the period before taxes9903€14k€31k
Income taxes67/77€5k€8k
Profit (loss) for the period9904€10k€23k
Profit (loss) for the period to be appropriated9905€10k€23k
Appropriation of the result
Profit (loss) to be appropriated9906€10k€23k
Transfer to equity691/2€10k€23k
To other reserves6921€10k€23k
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
27-02
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-06
Financial Equity above €200kEq €220k ▲11.8%
6 profitable years in a row build equity to €220k.
2024
16-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
05-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
24-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial Highest result since 2019net €79k ▲1168%
Operating result €104k, net result €79k, both a record.
26-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
17-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tessenderlo-Ham · 1 establishment unit since 2002
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Biezenstraat 13980 Tessenderlo-Ham
Ground area
944 m²
Building footprint
328 m²
Volume, LiDAR
1,422 m³
Parcel 71364E1032/00F000, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PRIMODAK
Biezenstraat 1, 3980 Tessenderlo-HamNACE 4522002
since 20022.100.426.221
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71364E1032/00F000 Flanders 944 m² 1 · 328 m² 9.7 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 3,551 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-06-2001
Fiscal year end30-06
Activities, NACEBEL
43410Roofing work
45220
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
45421
47521Retail sale of hardware, building materials, paint and glass (general range)
52462
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.