PRIMUSZ SR
ActiveThe annual accounts of PRIMUSZ SR for fiscal year 2025 show a net loss of 80% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-6k. Equity is shrinking by ~30.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 23% of 18040 sector peers (fiscal year 2025). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▲+11
Solvency27▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.89 against 0.95 in 2024; short-term debt: 98.5% and cash: 0.5% of total assets), and 98.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
1.5%
Return on assets
-5.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-6k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 18040 sector peers (2025).
NBB · sector comparisonPosition among 18040 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
88 d late
2023
6 d late
2022
23 d late
2021
19 d late
2020
31 d late
2019
109 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 79.6%
2024 · €8k
2018: €53k
2019: €91k
2020: €100k
2021: €50k
2022: €31k
2023: €24k
2024: €8k
2018 → 2025
Total assets
€102k▼ 6.6%
2024 · €109k
2018: €208k
2019: €226k
2020: €207k
2021: €125k
2022: €105k
2023: €113k
2024: €109k
2018 → 2025
Net result
€-6k▲ 64.0%
2024 · €-17k
2018: €37k
2019: €37k
2020: €9k
2021: €-49k
2022: €-19k
2023: €-7k
2024: €-17k
2018 → 2025
Working capital
€-11k▼ 127%
2024 · €-5k
2018: €18k
2019: €57k
2020: €71k
2021: €29k
2022: €17k
2023: €10k
2024: €-5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€31k▼ 37.8%€24k▼ 22.6%€8k▼ 68.9%€2k▼ 79.6%
Operating result€-48k-€-19k▲ 61.3%€-6k▲ 67.3%€-16k▼ 167%€-5k▲ 67.6%
Net result€-49k-€-19k▲ 61.1%€-7k▲ 62.9%€-17k▼ 136%€-6k▲ 64.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €16k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102k
Fixed assets
€13k▼ 5.1%
Current assets
€89k▼ 6.8%
Equity and liabilities €102k
Equity
€2k▼ 79.6%
Debt
€100k▼ 1.2%
The debt ratio rises from 93.0% to 98.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▲
2024 · €-15k
Cash flow
€-5k▲
2024 · €-16k
Solvency
1.5%▼
2024 · 7.0%
Current ratio
0.89▼
2024 · 0.95
Quick ratio
0.89▼
2024 · 0.95
Debt / equity
64.81▲
2024 · 13.38
ROE
-390.0%▼
2024 · -221.0%
ROA
-5.9%▲
2024 · -15.4%
Interest coverage
-5.73▲
2024 · -25.42
Debt
€100k▼
2024 · €101k
Debt ≤ 1 year
€100k▼
2024 · €100k
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€109k€102k▼
Fixed assets21/28€13k€13k▼
Tangible fixed assets22/27€13k€13k▼
Land and buildings22€12k€12k▼
Furniture and vehicles24€1k€1k▼
Financial fixed assets28€5€5=
Current assets29/58€95k€89k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€95k€88k▼
Trade receivables40€12k€11k▼
Other amounts receivable41€84k€77k▼
Cash at bank and in hand54/58€0€457▲
Deferred charges and accrued income490/1€137€290▲
Equity and liabilities
Total equity and liabilities10/49€109k€102k▼
Equity10/15€8k€2k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€217€217=
Profit (loss) carried forward14€-13k€-19k▼
Amounts payable17/49€101k€100k▼
Amounts payable within one year42/48€100k€100k▼
Financial debts43€1k€0▼
Credit institutions430/8€1k€0▼
Trade debts44€535€610▲
Suppliers440/4€535€610▲
Taxes, remuneration and social security45€3k€985▼
Taxes450/3€3k€985▼
Other amounts payable47/48€95k€98k▲
Accrued charges and deferred income492/3€895€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€677€677=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€0▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-12k€-3k▲
Operating profit (loss)9901€-16k€-5k▲
Financial charges65/66B€607€794▲
Recurring financial charges65€607€794▲
Profit (loss) for the period before taxes9903€-17k€-6k▲
Profit (loss) for the period9904€-17k€-6k▲
Profit (loss) for the period to be appropriated9905€-17k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-19k▼
Profit (loss) brought forward from the previous period14P€4k€-13k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 88 days late
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet €-49k ▼654%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
31-12
Financial
Highest result since 2018net €37k ▲1.3%
Operating result €49k, net result €37k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Kontich · 1 establishment unit since 1986
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.
Elshagelaan 62550 KontichGround area
714 m²
Building footprint
97 m²
Volume, LiDAR
445 m³
Parcel 11602C0631/00R000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TPC - The Primusz Company - The Pearl Company - SSP - Stainless Steel Projects
since 19862.035.986.943
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0631/00R000 | Flanders | 714 m² | 1 · 97 m² | 6.6 m · 2 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.
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Of 1,314 companies in sector 47639 we hold annual accounts for 624. 94 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-1986
Fiscal year end31-12
Activities, NACEBEL
47639Retail sale of other sporting goods
47640Retail trade
52482
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74901Other professional, scientific and technical activities
74991Agents and managers of artists, athletes and other public figures
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.