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Prior-IT

Active
Private limited companyfounded 201511 yrs activeNieuwevaart 193, 9000 Gent, BelgiumKBO/BCE: BE 0607.954.626
Summary

Prior-IT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105,453 and a net result of -€62,589. Equity is growing by ~65.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-72
Solvency64▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.08 against 2.18 in 2023; short-term debt: 26.4% and cash: 11.5% of total assets), but 60.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
39.2%
Return on assets
-23.3%
Age of the figures
21 mo
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
highest failure risk from 2 to 8 years 11 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 d early
2024
38 d early
2023
55 d early
2022
69 d early
2021
55 d early
2020
51 d early
2019
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 7 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

History

Prior-IT was incorporated on 24 March 2015.1 Total assets rose from EUR 27,704 in 2018 to EUR 269,044 in 2024 and headcount from 0.4 to 3.4 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€105,453▼ 37.2%
2023 · €168,042
Total assets
€269,044▼ 24.8%
2023 · €357,939
Net result
-€62,589
2023 · €10,613
Working capital
€77,120▼ 42.3%
2023 · €133,654
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
Line20202021202220232024
Operating result€31,790▲ 7,731%€54,311▲ 70.8%€20,239▼ 62.7%€20,890▲ 3.2%-€58,217
Net result€31,578within the sector's middle half▲ 9,813%€35,170within the sector's middle half▲ 11.4%€15,771within the sector's middle half▼ 55.2%€10,613within the sector's middle half▼ 32.7%-€62,589below the sector's middle half
Equity€40,709within the sector's middle half▲ 346%€67,337within the sector's middle half▲ 65.4%€168,049above the sector's middle half▲ 150%€168,042above the sector's middle half=€105,453within the sector's middle half▼ 37.2%
Total assets€101,350within the sector's middle half▲ 313%€249,531within the sector's middle half▲ 146%€354,087within the sector's middle half▲ 41.9%€357,939within the sector's middle half▲ 1.1%€269,044within the sector's middle half▼ 24.8%
Debt€60,641▲ 294%€182,193▲ 200%€186,038▲ 2.1%€189,897▲ 2.1%€163,591▼ 13.9%
Working capital€36,290within the sector's middle half▲ 323%€61,045within the sector's middle half▲ 68.2%€84,719within the sector's middle half▲ 38.8%€133,654above the sector's middle half▲ 57.8%€77,120within the sector's middle half▼ 42.3%
Solvency40.2%within the sector's middle half▲ 2.9pp27.0%within the sector's middle half▼ 13.2pp47.5%within the sector's middle half▲ 20.5pp46.9%within the sector's middle half▼ 0.5pp39.2%within the sector's middle half▼ 7.8pp
Current ratio1.77within the sector's middle half▲ 0.211.39within the sector's middle half▼ 0.381.63within the sector's middle half▲ 0.252.18within the sector's middle half▲ 0.552.08within the sector's middle half▼ 0.09
Return on assets (ROA)31.2%above the sector's middle half▲ 29.9pp14.1%within the sector's middle half▼ 17.1pp4.5%within the sector's middle half▼ 9.6pp3.0%within the sector's middle half▼ 1.5pp-23.3%below the sector's middle half▼ 26.2pp
Staff (FTE)1.8within the sector's middle half▲ 20.0%2.8▲ 55.6%4.9▲ 75.0%4.8▼ 2.0%3.4▼ 29.2%
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
-€100,000-€50,000€0€50,000Operating result 2020: €31,790€31,790Net result 2020: €31,578€31,578Operating result 2021: €54,311€54,311Net result 2021: €35,170€35,170Operating result 2022: €20,239€20,239Net result 2022: €15,771€15,771Operating result 2023: €20,890€20,890Net result 2023: €10,613€10,613Operating result 2024: -€58,217-€58,217Net result 2024: -€62,589-€62,58920202021202220232024-€75,000-€50,000-€25,000€0€25,000Operating result 2022: €20,239€20,200Net result 2022: €15,771€15,800Operating result 2023: €20,890€20,900Net result 2023: €10,613€10,600Operating result 2024: -€58,217-€58,200Net result 2024: -€62,589-€62,600202220232024
The operating result turns negative in 2024: a loss of €58,217 after €20,890 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €269,044
Fixed assets €120,779 ▲ 9.0%
Current assets €148,266 ▼ 40.0%
Equity and liabilities €269,044
Equity €105,453 ▼ 37.2%
Debt €163,591 ▼ 13.9%
Debt's share of the balance-sheet total rises from 53.1% to 60.8%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€32,609▼
2023 · €49,124
Cash flow
-€36,981▼
2023 · €38,847
Debt to equity
1.55▲
2023 · 1.13
ROE
-59.4%▼
2023 · 6.3%
Interest coverage
-7.08▼
2023 · 16.96
Debt ≤ 1 year
€71,146▼
2023 · €113,466
Debt > 1 year
€92,446▲
2023 · €76,431
Income taxes
-€160▼
2023 · €7,382
Staff costs
€202,942▼
2023 · €279,780
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 4,805 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€357,939€269,044▼
Fixed assets21/28€110,819€120,779▲
Intangible fixed assets21€63,503€97,577▲
Tangible fixed assets22/27€36,656€16,602▼
Plant, machinery and equipment23€3,705€2,159▼
Furniture and vehicles24€32,951€14,443▼
Financial fixed assets28€10,660€6,600▼
Current assets29/58€247,120€148,266▼
Stocks and contracts in progress3€17,191-
Contracts in progress37€17,191-
Amounts receivable within one year40/41€188,039€114,543▼
Trade receivables40€186,870€109,052▼
Other amounts receivable41€1,170€5,491▲
Cash at bank and in hand54/58€38,966€30,932▼
Deferred charges and accrued income490/1€2,923€2,791▼
Equity and liabilities
Total equity and liabilities10/49€357,939€269,044▼
Equity10/15€168,042€105,453▼
Contributions10/11€143,600€143,600=
Profit (loss) carried forward14€24,442-€38,147▼
Amounts payable17/49€189,897€163,591▼
Amounts payable after more than one year17€76,431€92,446▲
Financial debts170/4€76,431€92,446▲
Amounts payable within one year42/48€113,466€71,146▼
Current portion of amounts payable after more than one year42€10,552€6,616▼
Trade debts44€28,249€12,379▼
Suppliers440/4€28,249€12,379▼
Taxes, remuneration and social security45€57,317€44,579▼
Taxes450/3€18,323€3,055▼
Remuneration and social security454/9€38,994€41,524▲
Other amounts payable47/48€17,347€7,572▼
Income statement Code20232024
Non-recurring operating income76A-€29
Remuneration, social security and pensions62€279,780€202,942▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,234€25,609▼
Other operating charges640/8€1,641€1,544▼
Non-recurring operating charges66A-€4,405
Gross operating margin9900€330,545€176,281▼
Operating profit (loss)9901€20,890-€58,217▼
Financial income75/76B€1€75▲
Recurring financial income75€1€75▲
Financial charges65/66B€2,896€4,607▲
Recurring financial charges65€2,896€4,607▲
Profit (loss) for the period before taxes9903€17,995-€62,749▼
Income taxes67/77€7,382-€160▼
Profit (loss) for the period9904€10,613-€62,589▼
Profit (loss) for the period to be appropriated9905€10,613-€62,589▼
Appropriation of the result
Profit (loss) to be appropriated9906€35,062-€38,147▼
Profit (loss) brought forward from the previous period14P€24,449€24,442=
Profit to be distributed694/7€10,620-
Employees696€10,620-

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€29-
Remuneration, social security and pensions62-€144,284€269,176€279,780€202,942▼ 27.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,194€6,074€10,548€28,234€25,609▼ 9.3%
Other operating charges640/8-€1,935€3,440€1,641€1,544▼ 5.9%
Non-recurring operating charges66A--€180-€4,405-
Gross operating margin9900€113,606€206,603€303,582€330,545€176,281▼ 46.7%
Operating profit (loss)9901€31,790€54,311€20,239€20,890-€58,217▼ 379%
Financial income75/76B---€1€75▲ 6,881%
Recurring financial income75€0--€1€75▲ 6,881%
Financial charges65/66B-€1,101€1,720€2,896€4,607▲ 59.1%
Recurring financial charges65€212€1,101€1,720€2,896€4,607▲ 59.1%
Profit (loss) for the period before taxes9903€31,578€53,210€18,519€17,995-€62,749▼ 449%
Income taxes67/77-€18,039€2,748€7,382-€160▼ 102%
Profit (loss) for the period9904€31,578€35,170€15,771€10,613-€62,589▼ 690%
Profit (loss) for the period to be appropriated9905€31,578€35,170€15,771€10,613-€62,589▼ 690%
Line20202021202220232024Change
Assets
Total assets20/58€101,350€249,531€354,087€357,939€269,044▼ 24.8%
Fixed assets21/28€17,794€30,591€135,314€110,819€120,779▲ 9.0%
Intangible fixed assets21--€79,448€63,503€97,577▲ 53.7%
Tangible fixed assets22/27€17,794€30,591€45,206€36,656€16,602▼ 54.7%
Plant, machinery and equipment23-€1,214€1,124€3,705€2,159▼ 41.7%
Furniture and vehicles24-€29,377€44,082€32,951€14,443▼ 56.2%
Financial fixed assets28--€10,660€10,660€6,600▼ 38.1%
Current assets29/58€83,556€218,940€218,773€247,120€148,266▼ 40.0%
Stocks and contracts in progress3€19,657--€17,191--
Contracts in progress37---€17,191--
Amounts receivable within one year40/41€16,983€107,702€54,847€188,039€114,543▼ 39.1%
Trade receivables40-€107,702€54,847€186,870€109,052▼ 41.6%
Other amounts receivable41---€1,170€5,491▲ 369%
Cash at bank and in hand54/58€46,917€111,238€160,801€38,966€30,932▼ 20.6%
Deferred charges and accrued income490/1--€3,125€2,923€2,791▼ 4.5%
Equity and liabilities
Total equity and liabilities10/49€101,350€249,531€354,087€357,939€269,044▼ 24.8%
Equity10/15€40,709€67,337€168,049€168,042€105,453▼ 37.2%
Contributions10/11-€43,600€143,600€143,600€143,600=
Profit (loss) carried forward14-€2,891€23,737€24,449€24,442-€38,147▼ 256%
Amounts payable17/49€60,641€182,193€186,038€189,897€163,591▼ 13.9%
Amounts payable after more than one year17€13,374€24,299€51,983€76,431€92,446▲ 21.0%
Financial debts170/4-€24,299€51,983€76,431€92,446▲ 21.0%
Amounts payable within one year42/48€47,266€157,895€134,054€113,466€71,146▼ 37.3%
Current portion of amounts payable after more than one year42-€7,365€10,269€10,552€6,616▼ 37.3%
Trade debts44€17,508€53,504€25,891€28,249€12,379▼ 56.2%
Suppliers440/4-€53,504€25,891€28,249€12,379▼ 56.2%
Advances received on contracts in progress46-€25,000----
Taxes, remuneration and social security45-€56,390€74,450€57,317€44,579▼ 22.2%
Taxes450/3-€25,991€21,214€18,323€3,055▼ 83.3%
Remuneration and social security454/9-€30,400€53,236€38,994€41,524▲ 6.5%
Other amounts payable47/48-€15,635€23,445€17,347€7,572▼ 56.4%
Line20202021202220232024Change
Profit (loss) for the period9904€31,578€35,170€15,771€10,613-€62,589▼ 690%
+ Depreciation and write-downs630€2,194€6,074€10,548€28,234€25,609▼ 9.3%
Operating cash flow (approximation)€33,772€41,244€26,319€38,847-€36,981▼ 195%
Investment in fixed assets (approximation)--€18,870-€115,271-€3,740-€35,568▼ 851%
Change in cash-€64,321€49,563-€121,834-€8,035▲ 93.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€62,589
Net result drops to -€62,589, the lowest in the series.
06-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €150,000Eq €168,049 ▲150%
5 profitable years in a row build equity to €168,049.
06-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €35,170 ▲11.4%
Operating result €54,311, net result €35,170, both a record.
10-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
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.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Gent · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
7,675 m²
Building footprint
6,191 m²
Volume, LiDAR
14,683 m³
Parcel 44810K0568/00C000, Flanders · tallest building 13.4 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Prior-IT
Nieuwevaart 193, 9000 GentPrinting and reproduction of recorded media
since 20152.240.710.886
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44810K0568/00C000 Flanders 7,675 m² 1 · 6,191 m² 13.4 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 9 entries · 206,606 EUR awarded · 206,556 EUR paid
Year Entries awardedpaid
2025 3 29 EUR38,953 EUR
2024 2 50 EUR76,000 EUR
2023 3 198,182 EUR83,258 EUR
2022 1 8,345 EUR8,345 EUR
Schemes
4 entries · 190,924 EUR · 190,924 EUR paid · Fonds voor Innoveren en Ondernemen
3 entries · 15,366 EUR · 15,366 EUR paid · Departement Werk en Sociale Economie
2 entries · 316 EUR · 266 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,516 companies in sector 82990 we hold annual accounts for 9,420. 7,194 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
Founded24-03-2015
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
62200Computer consultancy and computer facilities management
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0607954626
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.