Primmo
ActiveSummary
Primmo has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.60M and a net result of €92k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 53% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+32
Solvency60▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.09 in 2024; short-term debt: 12.9% and cash: 1% of total assets), and 65% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
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
35%
Return on assets
2%
Age of the figures
9 mo
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
77 d early
2023
40 d early
2022
1 d late
2021
75 d early
2020
12 d late
2019
49 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.60M▲ 6.1%
2024 · €1.51M
2018: €1.64M
2019: €1.59M
2020: €1.59M
2021: €1.58M
2022: €1.57M
2023: €1.53M
2024: €1.51M
2018 → 2025
Total assets
€4.58M▼ 2.6%
2024 · €4.70M
2018: €4.83M
2019: €4.57M
2020: €4.38M
2021: €4.20M
2022: €5.32M
2023: €4.97M
2024: €4.70M
2018 → 2025
Net result
€92k
2024 · €-25k
2018: €-89k
2019: €-56k
2020: €-1k
2021: €-9k
2022: €-12k
2023: €-32k
2024: €-25k
2018 → 2025
Working capital
€-516k▼ 2.1%
2024 · €-505k
2018: €337k
2019: €-59k
2020: €-115k
2021: €-246k
2022: €202k
2023: €-358k
2024: €-505k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.58M-€1.57M▼ 0.8%€1.53M▼ 2.0%€1.51M▼ 1.6%€1.60M▲ 6.1%
Operating result€27k-€23k▼ 13.5%€19k▼ 19.5%€77k▲ 311%€187k▲ 144%
Net result€-9k-€-12k▼ 30.8%€-32k▼ 167%€-25k▲ 22.3%€92k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 144% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.58M
Fixed assets
€4.50M ▼ 3.2%
Current assets
€76k ▲ 51.3%
Equity and liabilities €4.58M
Equity
€1.60M ▲ 6.1%
Provisions
€143k ▼ 4.1%
Debt
€2.83M ▼ 6.8%
Debt's share of the balance-sheet total falls from 64.7% to 61.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€335k▲
2024 · €226k
Cash flow
€240k▲
2024 · €124k
Current ratio
0.13▲
2024 · 0.09
Debt to equity
1.77▼
2024 · 2.01
ROE
5.7%▲
2024 · -1.6%
ROA
2.0%▲
2024 · -0.5%
Interest coverage
5.63▲
2024 · 2.10
Debt ≤ 1 year
€592k▲
2024 · €555k
Debt > 1 year
€2.20M▼
2024 · €2.46M
Income taxes
€42k▲
2024 · €-47
Staff costs
€42k▲
2024 · €41k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.70M€4.58M▼
Fixed assets21/28€4.65M€4.50M▼
Tangible fixed assets22/27€4.65M€4.50M▼
Land and buildings22€4.64M€4.49M▼
Furniture and vehicles24€9k€5k▼
Current assets29/58€50k€76k▲
Amounts receivable within one year40/41€9k-
Trade receivables40€2k-
Other amounts receivable41€7k-
Current investments50/53€3€3=
Cash at bank and in hand54/58€39k€45k▲
Deferred charges and accrued income490/1€2k€31k▲
Equity and liabilities
Total equity and liabilities10/49€4.70M€4.58M▼
Equity10/15€1.51M€1.60M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.43M€1.53M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€625k€601k▼
Distributable reserves133€800k€920k▲
Profit (loss) carried forward14€16k€12k▼
Provisions and deferred taxes16€149k€143k▼
Deferred taxes168€149k€143k▼
Amounts payable17/49€3.04M€2.83M▼
Amounts payable after more than one year17€2.46M€2.20M▼
Financial debts170/4€2.46M€2.20M▼
Amounts payable within one year42/48€555k€592k▲
Current portion of amounts payable after more than one year42€277k€283k▲
Trade debts44€16k€17k▲
Suppliers440/4€16k€17k▲
Taxes, remuneration and social security45€7k€50k▲
Taxes450/3€3k€46k▲
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€255k€243k▼
Accrued charges and deferred income492/3€22k€40k▲
Income statement
Code20242025
Remuneration, social security and pensions62€41k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€149k€148k▼
Other operating charges640/8€36k€27k▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€303k€410k▲
Operating profit (loss)9901€77k€187k▲
Financial income75/76B€5€5=
Recurring financial income75€5€5=
Financial charges65/66B€107k€60k▼
Recurring financial charges65€107k€60k▼
Profit (loss) for the period before taxes9903€-31k€128k▲
Transfer from deferred taxes780€6k€6k=
Income taxes67/77€-47€42k▲
Profit (loss) for the period9904€-25k€92k▲
Transfer from tax-exempt reserves789€24k€24k=
Profit (loss) for the period to be appropriated9905€-347€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€132k▲
Profit (loss) brought forward from the previous period14P€17k€16k▼
Transfer to equity691/2-€120k
To other reserves6921-€120k
Social balance
Average headcount (FTE)90870.80.8=
The notes to these accounts (15 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
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €92k
Net result €92k after 7 loss-making years.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
31-12
Financial
Liquidity triplescurrent ratio 1.33
Current ratio from 0.48 to 1.33.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Herentals · 1 establishment unit since 1992
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.
Geelseweg(HRT) 72200 HerentalsGround area
8,694 m²
Building footprint
3,929 m²
Volume, LiDAR
17,183 m³
Parcel 13302C0521/00E000, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Geelseweg(HRT) 7, 2200 Herentals
since 19922.002.809.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302C0521/00E000 | Flanders | 8,694 m² | 1 · 3,929 m² | 12.4 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.
Similar companies · same sector, comparable size
CODIPRO
BE 0700.763.731
Wommelgem · Eq €1,600,672
BRALING
BE 0432.673.052
Brasschaat · Eq €1,600,076
RS Properties
BE 0441.417.801
Arlon · Eq €1,602,893
IMMO LOUISE CONCORDE
BE 0457.086.962
Watermaal-Bosvoorde · Eq €1,599,244
MACROPUS
BE 0892.840.755
Wetteren · Eq €1,604,183
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,514 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 formPublic limited company
Founded28-06-1967
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.