PRIVATUM
ActiveThe annual accounts of PRIVATUM for fiscal year 2025 show a net loss of 51% of total assets. The 2025 annual accounts show equity of €117k and a net result of €-373k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 180 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-10
Solvency41▲+41
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days 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 tight (current ratio 1.14 against 0.73 in 2024; short-term debt: 83.3% of total assets), and 84% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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
16%
Return on assets
-50.7%
Age of the figures
9 mo
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
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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 d early
2024
on the day
2023
65 d late
2022
11 d early
2021
24 d early
2020
9 d early
2019
14 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-373k▼ 441%
2024 · €-69k
2019: €-311k
2020: €-21k
2021: €-65k
2022: €124k
2023: €-43k
2024: €-69k
2019 → 2025
Working capital
€84k
2024 · €-293k
2019: €-213k
2020: €-227k
2021: €-305k
2022: €-192k
2023: €-250k
2024: €-293k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-297k-€-173k▲ 41.9%€-216k▼ 25.0%€-285k▼ 31.9%€117k
Operating result€-52k-€140k€-25k€-13k▲ 49.6%€-360k▼ 2,717%
Net result€-65k-€124k€-43k€-69k▼ 59.5%€-373k▼ 441%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €360k in 2025 against €13k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €735k
Fixed assets
€39k▼ 11.7%
Current assets
€696k▼ 12.4%
Equity and liabilities €735k
Equity
€117k
Debt
€618k
Debt finances 84.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€-341k▼
2024 · €5k
Cash flow
€-353k▼
2024 · €-51k
Solvency
16.0%▲
2024 · -34.0%
Current ratio
1.14▲
2024 · 0.73
Quick ratio
1.14▲
2024 · 0.73
Debt / equity
5.27▲
2024 · -3.94
ROE
-317.8%
ROA
-50.7%▼
2024 · -8.2%
Interest coverage
-7.46▼
2024 · 0.13
Debt
€618k▼
2024 · €1.12M
Debt ≤ 1 year
€612k▼
2024 · €1.09M
Income taxes
€-21k▼
2024 · €18k
Staff costs
€1.89M▲
2024 · €1.68M
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€839k€735k▼
Fixed assets21/28€44k€39k▼
Intangible fixed assets21€929-
Tangible fixed assets22/27€41k€37k▼
Plant, machinery and equipment23€21k€20k▼
Furniture and vehicles24€19k€17k▼
Financial fixed assets28€2k€2k=
Current assets29/58€795k€696k▼
Amounts receivable within one year40/41€792k€679k▼
Trade receivables40€792k€252k▼
Other amounts receivable41-€427k
Deferred charges and accrued income490/1€3k€17k▲
Equity and liabilities
Total equity and liabilities10/49€839k€735k▼
Equity10/15€-285k€117k▲
Contributions10/11€100k€875k▲
Capital10€100k€110k▲
Issued capital100€100k€110k▲
Outside capital11-€765k
Share premium1100/10-€765k
Profit (loss) carried forward14€-385k€-758k▼
Amounts payable17/49€1.12M€618k▼
Amounts payable within one year42/48€1.09M€612k▼
Trade debts44€318k€391k▲
Suppliers440/4€318k€391k▲
Taxes, remuneration and social security45€406k€222k▼
Taxes450/3€112k€42k▼
Remuneration and social security454/9€294k€180k▼
Other amounts payable47/48€364k-
Accrued charges and deferred income492/3€36k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.68M€1.89M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€20k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€11k
Other operating charges640/8€563€4k▲
Gross operating margin9900€1.68M€1.57M▼
Operating profit (loss)9901€-13k€-360k▼
Financial income75/76B€0€12k▲
Recurring financial income75€0€12k▲
Financial charges65/66B€38k€46k▲
Recurring financial charges65€38k€46k▲
Profit (loss) for the period before taxes9903€-51k€-394k▼
Income taxes67/77€18k€-21k▼
Profit (loss) for the period9904€-69k€-373k▼
Profit (loss) for the period to be appropriated9905€-69k€-373k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-385k€-758k▼
Profit (loss) brought forward from the previous period14P€-316k€-385k▼
Social balance
Average headcount (FTE)908716.518.0▲
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
12-08
State Gazette act
Statutes amendment · MiscellaneousGeneral meeting · Capital increase · Capital5 facts ▸
State Gazette act
Statutes amendment · Miscellaneous
General meeting · Capital increase · Capital5 facts ▸
- General meeting, 31 juli 2026
- Capital increase, €775.000
- Capital, €875.000
- Statutes amendment
- Power of attorney, Pablo DE DONCKER
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-373k
Net result drops to €-373k, the lowest in the series.
31-12
Financial
Equity above €100kEq €117k
Equity rises from €-285k to €117k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €124k
Net result €124k after 3 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-05-2024
Thomas GOETHALS: Resigned as Director
31-12-2023
Florian BLOUCTET: Resigned as Director
30-03-2023
Jeroen WIJNEN: Resigned as Director
30-03-2023
Walter MARTENS: Resigned as Director
29-07-2022
THE HUMAN FACTORY: Resigned as Director
17-03-2021
INOB: Resigned as Daily management
23-10-2019
DE WAELE Wim Raymond Octaaf Marcel: Resigned as Director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2018
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.
Herkenrodesingel 1013500 HasseltGround area
8,031 m²
Building footprint
3,417 m²
Parcel 71327G0302/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
PRIVATUM
since 20182.277.818.336
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0302/00M000 | Flanders | 8,031 m² | 1 · 3,417 m² | - |
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.
Structure & network
Connections & network
9 connected companiesNetwork connections
Shared address
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Show 5 more network connections
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Capital and shareholders
Capital increase of 775,000 EUR
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,687 EUR awarded · 5,687 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,003 EUR | 2,308 EUR |
| 2024 | 1 | 4,434 EUR | 3,129 EUR |
| 2023 | 1 | 0 EUR | 250 EUR |
| 2022 | 1 | 250 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,563 companies in sector 74999 we hold annual accounts for 1,938. 1,545 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-07-2018
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.