Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Primmo from Herentals, company number BE0406563919, closed financial year 2025 with a result of € 91,506 after tax. For that financial year Primmo recorded a gross margin of € 409,710 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -24,719 to € 91,506. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 1.6 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,506
▲ still € 24,719 loss in 2024
Profit after tax over the fiscal year.
€ 45,460
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.5 million.
People and assets in 2025
0.8
Average over the fiscal year, from the social balance sheet.
€ 42,018
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,429
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.5 million
▼ 9% vs 2024
€ 282,788 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 16,554
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,788
▲ € 42,513 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 207,410 | € 257,121 | € 303,031 | € 409,710 | ▲ 35% |
| Profit after taxes | € -11,891 | € -31,796 | € -24,719 | € 91,506 | ▲ € 116,225 |
| Equity | € 1,566,153 | € 1,534,357 | € 1,509,638 | € 1,601,144 | ▲ 6% |
| Total debts | € 3,575,808 | € 3,282,187 | € 3,038,386 | € 2,832,150 | ▼ 7% |
| Cash | € 648,662 | € 77,148 | € 38,657 | € 45,460 | ▲ 18% |
| Land & buildings | € 4,479,332 | € 4,775,458 | € 4,637,338 | € 4,494,292 | ▼ 3% |
| Retained profit | € 1,504,153 | € 1,472,357 | € 1,447,638 | € 1,539,144 | ▲ 6% |
| Bank debt | € 3,176,743 | € 2,988,650 | € 2,738,339 | € 2,482,836 | ▼ 9% |
| Balance sheet total | € 5,315,393 | € 4,971,283 | € 4,696,670 | € 4,575,847 | ▼ 3% |
| Employees (FTE) | 0.9 | 0.8 | 0.8 | 0.8 |
Key figures of Primmo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Primmo?
What happened at Primmo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Isabelle Van Hool stepped down as director. NBB
- Yves Van Bavel stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 91,506. Source: NBB ↗
- Isabelle Van Hool became a director. NBB
- Yves Van Bavel became a director. NBB
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,891 loss in 2022 to € 91,506 profit in 2025.
Paid € 42,100 in corporate taxes since 2022.
Best year ever: 2025, with € 91,506 profit.
Management
Directors
According to the 2025 annual accounts
Isabelle Van Hool
Chairman of the board
Also active at: SNEYDERS, PROJECT PACKAGING SYSTEMS, NAVILION, ALMASER, ALFINEON
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Geelseweg(HRT) 7
2200 Herentals
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.563.919
- VAT number
- BE 0406.563.919
- Registered office
- Geelseweg(HRT) 7, 2200 Herentals
- Names & denominations
- Primmo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 1967
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis