Summary
Conclusion
the dossier summarised in one paragraphPRIMUM has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108k and a net result of €8k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 1432 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Based on the State Gazette, CBE and 7 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Timeline
What happened to this company, by date
State Gazette, CBE and NBB in one series · 0 of 4 acts readfiscal year 2026 expected by 31-01-2027
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-02-2026 NBB filing Annual accounts filed
19-12-2024 State Gazette act Statutes amendment
22-10-2024 NBB filing Annual accounts filed
03-04-2024 State Gazette act Director changes
09-11-2023 NBB filing Annual accounts filed
07-11-2022 NBB filing Annual accounts filed
16-11-2021 NBB filing Annual accounts filed
01-12-2020 NBB filing Annual accounts filed
29-08-2019 NBB filing Annual accounts filed
17-09-2018 NBB filing Annual accounts filed
Financials
Turnover and EBIT margin not published: the micro schema does not require them.
Checked score · what it rests on
FY 2025 · computed · 5 of 5 axes measuredThe Checked score at the top is a single figure for the whole company. The axes below set that score, as the Health axis, beside the other dimensions, so you can see whether a good score holds everywhere or rests on one point.
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Against 1434 sector peers this company sits in the top quarter on staff costs (code 62): wages, social security and pensions. an increase without revenue growth squeezes the margin. and in the bottom quarter on net result: what remains after all costs, interest and taxes. negative = a loss for that fiscal year. (fiscal year 2025).
Figures by fiscal year
Source: NBB · 2025How do we compute this?
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 | 69.4% | 23.5% | |
| Net result | €8k | €7k | |
| Equity | €108k | €25k | |
| Gross operating margin | €119k | €34k | |
| Staff costs | €98k | €42k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €15k |
| Net profit | €8k |
| Cash flow | €10k |
| Staff costs | €98k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €155k |
| Equity | €108k |
| Debt | €48k |
| of which ≤ 1y | €48k |
| of which > 1y | - |
| Working capital | €107k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 3.25 |
| Quick ratio | 3.25 |
| Working capital ratio | 69.0% |
| Solvency | 69.4% |
| Debt / equity | 0.44 |
| Long-term debt ratio | - |
| Interest coverage | 6.16 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.4% |
| ROE | 7.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €155k |
| Fixed assets | 21/28 | €504 |
| Tangible fixed assets | 22/27 | €504 |
| Current assets | 29/58 | €155k |
| Amounts receivable within one year | 40/41 | €45k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €155k |
| Equity | 10/15 | €108k |
| Contributions / capital | 10/11 | €12k |
| Reserves | 13 | €57k |
| Accumulated profits (losses) | 14 | €38k |
| Amounts payable | 17/49 | €48k |
| Amounts payable within one year | 42/48 | €48k |
| Trade debts payable within one year | 44 | €3 |
| Income statement | ||
| Gross operating margin | 9900 | €119k |
| Operating result | 9901 | €13k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €12k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
Signals
Signals
3 signals · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-06-2025 | 31-01-2026 | 03-02-2026 | 3 d late | 2026-00030154 |
| 31-12-2023 | 31-07-2024 | 22-10-2024 | 83 d late | 2024-00512750 |
| 31-12-2022 | 31-07-2023 | 09-11-2023 | 101 d late | 2023-00510173 |
| 31-12-2021 | 31-07-2022 | 07-11-2022 | 99 d late | 2022-20517036 |
| 31-12-2020 | 31-07-2021 | 16-11-2021 | 108 d late | 2021-77400574 |
| 31-12-2019 | 31-07-2020 | 01-12-2020 | 123 d late | 2020-73900142 |
| 31-12-2018 | 31-07-2019 | 29-08-2019 | 29 d late | 2019-58200515 |
| 31-12-2017 | 31-07-2018 | 17-09-2018 | 48 d late | 2018-63300547 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsNo strikeouts found in the KBO publications · how complete this is
Directors
Directors & mandates
1 director-
PELSSERS Marc MathieuDirectorState Gazette act 24384181 (03-04-2024)Current03-04-2024 → present
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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. |
|---|---|---|---|---|
| 73048C1939/00S002 | Flanders | 907 m² | 1 · 209 m² | 7.3 m · 2 fl. |
Analysis
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | PRIMUM |