PRIMUSZ
ActiveSummary
PRIMUSZ has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113,873 and a net result of -€31,336. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 2467 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-68
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.15 against 6.17 in 2023; short-term debt: 16.7% and cash: 51.6% of total assets), and 21% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
79%
Return on assets
-21.7%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year -€31,336
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2026, 385 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
385 d late
2023
64 d late
2022
30 d late
2021
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 117 days after the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€113,873▼ 21.6%
2023 · €145,208
Total assets
€144,110▼ 16.4%
2023 · €172,341
Net result
-€31,336▼ 1,832%
2023 · -€1,622
Working capital
€75,840▼ 20.8%
2023 · €95,787
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€66,912-€104,763▲ 56.6%€925▼ 99.1%-€29,168
Net result€57,358above the sector's middle half-€86,972above the sector's middle half▲ 51.6%-€1,622within the sector's middle half-€31,336below the sector's middle half▼ 1,832%
Equity€59,858within the sector's middle half-€146,830above the sector's middle half▲ 145%€145,208above the sector's middle half▼ 1.1%€113,873within the sector's middle half▼ 21.6%
Total assets€124,082within the sector's middle half-€224,283within the sector's middle half▲ 80.8%€172,341within the sector's middle half▼ 23.2%€144,110within the sector's middle half▼ 16.4%
Debt€64,224-€77,453▲ 20.6%€27,133▼ 65.0%€30,237▲ 11.4%
Working capital€108,123above the sector's middle half-€87,118above the sector's middle half▼ 19.4%€95,787above the sector's middle half▲ 10.0%€75,840within the sector's middle half▼ 20.8%
Solvency48.2%within the sector's middle half-65.5%within the sector's middle half▲ 17.2pp84.3%above the sector's middle half▲ 18.8pp79.0%above the sector's middle half▼ 5.2pp
Current ratio7.82above the sector's middle half-2.39within the sector's middle half▼ 5.436.17above the sector's middle half▲ 3.774.15within the sector's middle half▼ 2.02
Return on assets (ROA)46.2%above the sector's middle half-38.8%above the sector's middle half▼ 7.4pp-0.9%within the sector's middle half▼ 39.7pp-21.7%below the sector's middle half▼ 20.8pp
Staff (FTE)1-1=2.1▲ 110%
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €29,168 after €925 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144,110
Fixed assets
€44,159 ▼ 23.9%
Current assets
€99,951 ▼ 12.6%
Equity and liabilities €144,110
Equity
€113,873 ▼ 21.6%
Debt
€30,237 ▲ 11.4%
Debt's share of the balance-sheet total rises from 15.7% to 21.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€10,879▼
2023 · €18,719
Cash flow
-€13,046▼
2023 · €16,172
Quick ratio
4.03▼
2023 · 5.91
Debt to equity
0.27▲
2023 · 0.19
ROE
-27.5%▼
2023 · -1.1%
Interest coverage
-4.81▼
2023 · 9.66
Debt ≤ 1 year
€24,111▲
2023 · €18,544
Staff costs
€70,125▼
2023 · €112,564
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,597 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €5,959 | €48,166 | €112,564 | €70,125 | ▼ 37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €802 | €9,062 | €17,794 | €18,289 | ▲ 2.8% |
| Other operating charges640/8 | €1,391 | €900 | €2,046 | €4,864 | ▲ 138% |
| Gross operating margin9900 | €75,064 | €162,892 | €133,328 | €64,110 | ▼ 51.9% |
| Operating profit (loss)9901 | €66,912 | €104,763 | €925 | -€29,168 | ▼ 3,255% |
| Financial income75/76B | €27 | €9 | €22 | €94 | ▲ 322% |
| Recurring financial income75 | €27 | €9 | €22 | €94 | ▲ 322% |
| Financial charges65/66B | €148 | €591 | €1,939 | €2,261 | ▲ 16.6% |
| Recurring financial charges65 | €148 | €591 | €1,939 | €2,261 | ▲ 16.6% |
| Profit (loss) for the period before taxes9903 | €66,791 | €104,181 | -€992 | -€31,336 | ▼ 3,060% |
| Income taxes67/77 | €9,433 | €17,209 | €630 | - | - |
| Profit (loss) for the period9904 | €57,358 | €86,972 | -€1,622 | -€31,336 | ▼ 1,832% |
| Profit (loss) for the period to be appropriated9905 | €57,358 | €86,972 | -€1,622 | -€31,336 | ▼ 1,832% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €124,082 | €224,283 | €172,341 | €144,110 | ▼ 16.4% |
| Fixed assets21/28 | €116 | €74,567 | €58,010 | €44,159 | ▼ 23.9% |
| Tangible fixed assets22/27 | - | €74,451 | €57,814 | €43,963 | ▼ 24.0% |
| Furniture and vehicles24 | - | €74,451 | €57,814 | €43,963 | ▼ 24.0% |
| Financial fixed assets28 | €116 | €116 | €196 | €196 | = |
| Current assets29/58 | €123,966 | €149,715 | €114,331 | €99,951 | ▼ 12.6% |
| Stocks and contracts in progress3 | - | €4,625 | €4,767 | €2,764 | ▼ 42.0% |
| Stocks30/36 | - | €4,625 | €4,767 | €2,764 | ▼ 42.0% |
| Amounts receivable within one year40/41 | €524 | €67,953 | €25,706 | €22,804 | ▼ 11.3% |
| Trade receivables40 | €524 | €43,714 | €24,363 | €22,069 | ▼ 9.4% |
| Other amounts receivable41 | - | €24,239 | €1,342 | €735 | ▼ 45.3% |
| Cash at bank and in hand54/58 | €122,342 | €74,177 | €75,277 | €74,383 | ▼ 1.2% |
| Deferred charges and accrued income490/1 | €1,100 | €2,961 | €8,582 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €124,082 | €224,283 | €172,341 | €144,110 | ▼ 16.4% |
| Equity10/15 | €59,858 | €146,830 | €145,208 | €113,873 | ▼ 21.6% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €57,358 | €144,330 | €142,708 | €111,373 | ▼ 22.0% |
| Amounts payable17/49 | €64,224 | €77,453 | €27,133 | €30,237 | ▲ 11.4% |
| Amounts payable within one year42/48 | €15,843 | €62,597 | €18,544 | €24,111 | ▲ 30.0% |
| Trade debts44 | €885 | €35,069 | €4,600 | €9,218 | ▲ 100% |
| Suppliers440/4 | €885 | €35,069 | €4,600 | €9,218 | ▲ 100% |
| Taxes, remuneration and social security45 | €14,959 | €27,529 | €13,388 | €14,441 | ▲ 7.9% |
| Taxes450/3 | €13,147 | €18,147 | €1,339 | €899 | ▼ 32.9% |
| Remuneration and social security454/9 | €1,811 | €9,382 | €12,049 | €13,542 | ▲ 12.4% |
| Other amounts payable47/48 | - | - | €556 | €452 | ▼ 18.8% |
| Accrued charges and deferred income492/3 | €48,381 | €14,856 | €8,588 | €6,127 | ▼ 28.7% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,358 | €86,972 | -€1,622 | -€31,336 | ▼ 1,832% |
| + Depreciation and write-downs630 | €802 | €9,062 | €17,794 | €18,289 | ▲ 2.8% |
| Operating cash flow (approximation) | €58,160 | €96,034 | €16,172 | -€13,046 | ▼ 181% |
| Investment in fixed assets (approximation) | - | -€83,514 | -€1,236 | -€4,439 | ▼ 259% |
| Change in cash | - | -€48,165 | €1,100 | -€894 | ▼ 181% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 385 days late
2024
31-12
Financial
Weakest financial yearnet -€31,336
Net result drops to -€31,336, the lowest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 6.17
Current ratio from 2.39 to 6.17; short-term debt falls from €62,597 to €18,544.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2021net €86,972 ▲51.6%
Operating result €104,763, net result €86,972, both a record.
31-12
Financial
Equity above €100,000Eq €146,830 ▲145%
2 profitable years in a row build equity to €146,830.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Antwerpen · 2 establishment units since 2020
Ground area
1,580 m²
Building footprint
1,165 m²
Volume, LiDAR
15,978 m³
2 parcels, Flanders · tallest building 54.2 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
PRIMUSZ
since 20202.300.942.344
Bar Mariette
since 20222.334.264.517
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11014H0620/00C002indicative | Flanders | 1,074 m² | 1 · 1,074 m² | 54.2 m · 4 fl. |
| 11014H0617/00N005 | Flanders | 505 m² | 1 · 91 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels 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
Vrielynck
BE 0696.742.387
Geel · Eq €114,423
ART GLASS ATELIER
BE 0435.071.031
Puurs-Sint-Amands · Eq €114,603
BIG SMILE ENTERTAINMENT
BE 0474.401.660
Schoten · Eq €111,376
VOCAL
BE 0465.178.049
Rotselaar · Eq €110,400
Abyssal Project
BE 0681.505.766
Vorst · Eq €109,995
Of 8,314 companies in sector 90201 we hold annual accounts for 601. 487 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
90201Performing arts by independent artists
90391Promotion and organisation of arts and performing arts events
10850Manufacture of food products
47279Other retail sale of food
56210Event catering
90111Literary creation
90399Other support activities for arts and performing arts
E-invoicing
Reachable via Peppol
Peppol ID
0208:0745788161
Also
9925:BE0745788161
Registered
10-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.