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PRIMMO BEAUTY SERVICES

Active
Public limited companyfounded 198937 yrs activeDagmoedstraat(Sch) 115, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0438.291.827

PRIMMO BEAUTY SERVICES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €100k and a net result of €-106k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 9017 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
2 / 100
Critical▼ -13 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency22▼-32
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.46 in 2023), and 76.7% 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 riskneutral
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
elevated failure risk from 2 to 8 years 37 years 0 40 y
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
23.3%
Return on assets
-24.9%
Age of the figures
27 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
192021222324
2019 to 2024 · latest year -€106k
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 227 days later.
NBB · 10 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline15-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 06-02-2025, 6 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 filings
Deviation from the deadline
2025
not filed
2024
6 d late
2023
on the day
2022
on the day
2021
15 d late
2020
1 d late
2019
on the day
← before the deadline after the 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

Financials · fiscal year 2024, abbreviated schema

Equity
€100k▼ 51.6%
2023 · €206k
2019: €278k 2020: €255k 2021: €246k 2022: €252k 2023: €206k
2019 → 2024
Total assets
€428k▼ 11.1%
2023 · €482k
2019: €567k 2020: €658k 2021: €540k 2022: €499k 2023: €482k
2019 → 2024
Net result
€-106k▼ 133%
2023 · €-46k
2019: €977 2020: €-23k 2021: €-9k 2022: €6k 2023: €-46k
2019 → 2024
Working capital
€-216k▼ 53.8%
2023 · €-140k
2019: €-68k 2020: €-92k 2021: €-101k 2022: €-91k 2023: €-140k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€255k-€246k▼ 3.5%€252k▲ 2.3%€206k▼ 18.2%€100k▼ 51.6%
Operating result€-7k-€7k€26k▲ 289%€-31k€-92k▼ 202%
Net result€-23k-€-9k▲ 62.0%€6k€-46k€-106k▼ 133%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0€50kOperating result 2020: €-7k€-7kNet result 2020: €-23k€-23kOperating result 2021: €7k€7kNet result 2021: €-9k€-9kOperating result 2022: €26k€26kNet result 2022: €6k€6kOperating result 2023: €-31k€-31kNet result 2023: €-46k€-46kOperating result 2024: €-92k€-92kNet result 2024: €-106k€-106k20202021202220232024
The operating result stays negative: a loss of €92k in 2024 against €31k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €428k
Fixed assets €330k▼ 9.0%
Current assets €98k▼ 17.6%
Equity and liabilities €428k
Equity €100k▼ 51.6%
Debt €328k▲ 19.2%
The debt ratio rises from 57.2% to 76.7%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-60k
2023 · €-23k
Cash flow
€-74k
2023 · €-38k
Solvency
23.3%
2023 · 42.8%
Current ratio
0.31
2023 · 0.46
Quick ratio
0.31
2023 · 0.46
Debt / equity
3.29
2023 · 1.34
ROE
-106.8%
2023 · -22.2%
ROA
-24.9%
2023 · -9.5%
Interest coverage
-4.11
2023 · -1.48
Debt
€328k
2023 · €275k
Debt ≤ 1 year
€314k
2023 · €260k
Debt > 1 year
€7k
2023 · €16k
Staff costs
€212k
2023 · €194k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€482k€428k
Fixed assets21/28€362k€330k
Intangible fixed assets21€129€129=
Tangible fixed assets22/27€362k€330k
Land and buildings22€358k€328k
Plant, machinery and equipment23€297€149
Furniture and vehicles24€4k€2k
Current assets29/58€119k€98k
Amounts receivable within one year40/41€111k€96k
Trade receivables40€109k€81k
Other amounts receivable41€2k€14k
Cash at bank and in hand54/58€8k€2k
Deferred charges and accrued income490/1€361€413
Equity and liabilities
Total equity and liabilities10/49€482k€428k
Equity10/15€206k€100k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€300k€275k
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€-159k€-240k
Amounts payable17/49€275k€328k
Amounts payable after more than one year17€16k€7k
Other amounts payable178/9€16k€7k
Amounts payable within one year42/48€260k€314k
Current portion of amounts payable after more than one year42€9k€9k
Financial debts43€32k€34k
Credit institutions430/8€32k€34k
Trade debts44€92k€69k
Suppliers440/4€92k€69k
Taxes, remuneration and social security45€10k€7k
Taxes450/3€10k€4k
Remuneration and social security454/9-€3k
Other amounts payable47/48€117k€195k
Accrued charges and deferred income492/3€76€7k
Income statement Code20232024
Remuneration, social security and pensions62€194k€212k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€33k
Other operating charges640/8€4k€4k
Gross operating margin9900€175k€157k
Operating profit (loss)9901€-31k€-92k
Financial income75/76B€10€384
Recurring financial income75€10€384
Financial charges65/66B€15k€15k
Recurring financial charges65€15k€15k
Profit (loss) for the period before taxes9903€-46k€-106k
Profit (loss) for the period9904€-46k€-106k
Profit (loss) for the period to be appropriated9905€-46k€-106k
Appropriation of the result
Profit (loss) to be appropriated9906€-159k€-265k
Profit (loss) brought forward from the previous period14P€-113k€-159k
Transfer from equity791/2-€25k
Social balance
Average headcount (FTE)90873.73.5

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
06-02
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
30-06
Financial Weakest financial yearnet €-106k
Net result drops to €-106k, the lowest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Back to profitnet €6k
Net result €6k after 2 loss-making years.
15-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 15 days late
2021
01-02
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
2016
15-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Geraardsbergen · 1 establishment unit since 1995
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.

Dagmoedstraat(Sch) 1159500 Geraardsbergen
1 establishment unit
Dagmoedstraat(Sch) 115, 9500 Geraardsbergen
NACE 5115005
since 19952.044.900.847

Similar companies · same sector, comparable size

Of 792 companies in sector 46450 we hold annual accounts for 448. 330 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded09-09-1989
Fiscal year end30-06
Abbreviation NL P.B.S.
Activities, NACEBEL
46450Wholesale of perfume and cosmetics
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filings

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.