PRIMOTECH
The computed 12-month bankruptcy probability of PRIMOTECH is ≥ 25% (high). The 2024 annual accounts show negative equity (€-544) and a net result of €-1k. Equity is shrinking by ~96.8% per year across the filed fiscal years. Its net result ranks better than 35% of 5557 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €-544 |
| Net result | €-1k |
| Better than sector | 35% |
| Active | 5 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 |
|---|---|---|---|
| Net result | €-1k | €4k | |
| Equity | €-544 | €14k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €0 |
| Net profit | €-1k |
| Cash flow | €-194 |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | - |
| Equity | €-544 |
| Debt | €544 |
| of which ≤ 1y | €544 |
| of which > 1y | - |
| Working capital | - |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | - |
| Quick ratio | - |
| Working capital ratio | - |
| Solvency | - |
| Debt / equity | -1.00 |
| Long-term debt ratio | - |
| Interest coverage | 0.00 |
| Gross margin | - |
| Net margin | - |
| ROA | - |
| ROE | 196.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Equity & liabilities | ||
| Equity | 10/15 | €-544 |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-3k |
| Amounts payable | 17/49 | €544 |
| Amounts payable within one year | 42/48 | €544 |
| Income statement | ||
| Operating result | 9901 | €-875 |
| Financial charges | 65 | €194 |
| Result before taxes | 9903 | €-1k |
| Net result for the period | 9904 | €-1k |
| Result to be appropriated | 9905 | €-1k |
| NACE primary | Food & beverage service(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 08-01-2021 |
| Status | Active |
| Postal code | 1000 |
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. |
|---|---|---|---|---|
| 21808H0185/02E000 | Brussels | 72 m² | 1 · 55 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.
26-09-2025 Transaction in capital or shares
Technical details
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}25-11-2024 Restructuring of share classes
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 nameNL | PRIMOTECH |
- 02-08-2024 Address struck