PRISME DEVELOPMENT
ActiveSummary
PRISME DEVELOPMENT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €628k and a net result of €80k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-16
Solvency82▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 5.58 against 7.66 in 2024; short-term debt: 7.3% and cash: 8.1% of total assets), and 42.8% of the assets are financed with debt.
Credit check for your own amount and term
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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.2%
Return on assets
7.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
on the day
2022
9 d late
2021
11 d early
2020
4 d early
2019
5 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€628k▼ 1.6%
2024 · €638k
2019: €43k
2020: €123k
2021: €325k
2022: €379k
2023: €547k
2024: €638k
2019 → 2025
Total assets
€1.10M▲ 16.8%
2024 · €941k
2019: €528k
2020: €645k
2021: €829k
2022: €751k
2023: €938k
2024: €941k
2019 → 2025
Net result
€80k▼ 58.6%
2024 · €193k
2019: €-10k
2020: €80k
2021: €201k
2022: €54k
2023: €168k
2024: €193k
2019 → 2025
Working capital
€369k▼ 19.2%
2024 · €457k
2019: €-22k
2020: €-68k
2021: €175k
2022: €189k
2023: €358k
2024: €457k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€325k-€379k▲ 16.7%€547k▲ 44.2%€638k▲ 16.7%€628k▼ 1.6%
Operating result€285k-€86k▼ 69.7%€237k▲ 174%€198k▼ 16.3%€122k▼ 38.3%
Net result€201k-€54k▼ 73.0%€168k▲ 208%€193k▲ 15.4%€80k▼ 58.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€649k ▲ 56.2%
Current assets
€450k ▼ 14.4%
Equity and liabilities €1.10M
Equity
€628k ▼ 1.6%
Debt
€471k ▲ 55.4%
Debt's share of the balance-sheet total rises from 32.2% to 42.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€175k▼
2024 · €226k
Cash flow
€133k▼
2024 · €222k
Current ratio
5.58▼
2024 · 7.66
Debt to equity
0.75▲
2024 · 0.47
ROE
12.7%▼
2024 · 30.3%
ROA
7.3%▼
2024 · 20.6%
Interest coverage
21.05▼
2024 · 48.47
Debt ≤ 1 year
€81k▲
2024 · €69k
Debt > 1 year
€390k▲
2024 · €234k
Income taxes
€34k
Staff costs
€42k▲
2024 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€941k€1.10M▲
Fixed assets21/28€416k€649k▲
Intangible fixed assets21-€2k
Tangible fixed assets22/27€400k€632k▲
Land and buildings22€390k€619k▲
Furniture and vehicles24€11k€13k▲
Financial fixed assets28€15k€15k=
Current assets29/58€525k€450k▼
Amounts receivable within one year40/41€398k€360k▼
Trade receivables40€50k€104k▲
Other amounts receivable41€349k€256k▼
Cash at bank and in hand54/58€127k€89k▼
Deferred charges and accrued income490/1€358€1k▲
Equity and liabilities
Total equity and liabilities10/49€941k€1.10M▲
Equity10/15€638k€628k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€624k€614k▼
Amounts payable17/49€303k€471k▲
Amounts payable after more than one year17€234k€390k▲
Financial debts170/4€234k€390k▲
Amounts payable within one year42/48€69k€81k▲
Current portion of amounts payable after more than one year42€21k€31k▲
Trade debts44€22k-
Suppliers440/4€22k-
Taxes, remuneration and social security45€19k€43k▲
Taxes450/3€13k€34k▲
Remuneration and social security454/9€6k€9k▲
Other amounts payable47/48€7k€7k=
Income statement
Code20242025
Non-recurring operating income76A€214k€2k▼
Remuneration, social security and pensions62€38k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€53k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€269k€223k▼
Operating profit (loss)9901€198k€122k▼
Financial income75/76B€6-
Recurring financial income75€6-
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€193k€114k▼
Income taxes67/77-€34k
Profit (loss) for the period9904€193k€80k▼
Profit (loss) for the period to be appropriated9905€193k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€726k€704k▼
Profit (loss) brought forward from the previous period14P€532k€624k▲
Profit to be distributed694/7€102k€90k▼
Return on contributions (dividend)694€102k€90k▼
The notes to these accounts (13 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 7.66
Current ratio from 3.63 to 7.66; short-term debt falls from €136k to €69k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €500kEq €547k ▲44.2%
4 profitable years in a row build equity to €547k.
09-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €201k ▲150%
Operating result €285k, net result €201k, both a record.
30-06
Financial
Liquidity times 6current ratio 1.84
Current ratio from 0.32 to 1.84.
30-06
Financial
Equity above €200kEq €325k ▲163%
2 profitable years in a row build equity to €325k.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €80k
Net result €80k after one loss-making year.
Show earlier events
30-06
Financial
Equity above €100kEq €123k ▲187%
Equity rises from €43k to €123k.
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Elsene · 1 establishment unit since 2017
Ground area
641 m²
Building footprint
263 m²
Volume, LiDAR
3,438 m³
2 parcels, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
PRISME DEVELOPMENT
since 20172.262.188.072
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21444B0008/00Z007 | Brussels | 558 m² | 1 · 183 m² | 18.3 m · 5 fl. |
| 21443C0173/00H002 | Brussels | 83 m² | 1 · 80 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 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
GMO Projects
BE 0644.630.722
Hasselt · Eq €627,484
RACSO
BE 0547.933.204
Charleroi · Eq €628,771
Q-IMMO
BE 0403.784.571
Lokeren · Eq €626,857
Slakweide
BE 0841.616.144
Maasmechelen · Eq €629,498
RESIDE ETUDES BELGIUM
BE 0598.753.680
Watermaal-Bosvoorde · Eq €629,771
Of 7,321 companies in sector 68110 we hold annual accounts for 5,381. 3,564 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2017
Fiscal year end30-06
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.codabel.com