PRIMO is a property company in Olen. Public Limited, started on 25 February 1987, 1 establishment.

What is the address of PRIMO?

The registered office of PRIMO is located at Industrielaan 3, 2250 Olen.

Is PRIMO still active?

Yes. According to the CBE (29 October 2026) PRIMO is active, legal situation “Normale toestand”, started on 25 February 1987.

Is PRIMO registered on Peppol?

Yes, PRIMO is registered on the Peppol network with ID 0208:0430524008.

What is the enterprise number of PRIMO?

The enterprise number of PRIMO is BE0430524008.

When was PRIMO founded?

PRIMO was founded on 25 February 1987.

Who are the directors of PRIMO?

According to the 2025 annual accounts, the directors of PRIMO are: Liesbet Boeckx, Lapis Circenses Invest BV.

Is PRIMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 February 1987; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did PRIMO make in 2025?

PRIMO recorded a loss after taxes of € 99,085 in financial year 2025.

What is the revenue of PRIMO?

As a small company, PRIMO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 562,691.

PRIMO (Public Limited) - Olen - BE0430524008

Dossier PRIMO, printed on 29 October 2026 from databakkes.be/en/0430524008/primo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

PRIMO from Olen, company number BE0430524008, closed financial year 2025 with a result of € -99,085 after tax. For that financial year PRIMO recorded a gross margin of € 562,691 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 505,357 to € -99,085. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.

What it is worth Healthy

€ 2.4 million

▼ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -99,085

▼ still € 505,357 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 32,667

▼ 92% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.4 million.

People and assets in 2025

Vehicles and equipment

€ 1.4 million

▼ 10% vs 2024

Of which on lease € 1.4 million.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.1 million

▲ 24% vs 2024

€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 64,194

▲ 98% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 19,684

▲ 39% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 784,322 Gross margin 2022: € 784,322 First fiscal year in the series	€ 1,265,517 Gross margin 2023: € 1,265,517 ▲ 61% vs 2022 (€ 784,322) Favourable step	€ 1,339,175 Gross margin 2024: € 1,339,175 ▲ 6% vs 2023 (€ 1,265,517) Favourable step	€ 562,691 Gross margin 2025: € 562,691 ▼ 58% vs 2024 (€ 1,339,175) Unfavourable step	▼ 58%
Profit after taxes	€ 80,638 Profit after taxes 2022: € 80,638 First fiscal year in the series	€ 406,031 Profit after taxes 2023: € 406,031 ▲ € 325,393 vs 2022 (€ 80,638) Favourable step	€ 505,357 Profit after taxes 2024: € 505,357 ▲ 24% vs 2023 (€ 406,031) Favourable step	€ -99,085 Profit after taxes 2025: € -99,085 ▼ € 604,443 vs 2024 (€ 505,357) Unfavourable step	▼ € 604,443
Equity	€ 1,564,531 Equity 2022: € 1,564,531 First fiscal year in the series	€ 1,970,562 Equity 2023: € 1,970,562 ▲ 26% vs 2022 (€ 1,564,531) Favourable step	€ 2,475,919 Equity 2024: € 2,475,919 ▲ 26% vs 2023 (€ 1,970,562) Favourable step	€ 2,376,834 Equity 2025: € 2,376,834 ▼ 4% vs 2024 (€ 2,475,919) Unfavourable step	▼ 4%
Total debts	€ 5,931,653 Total debts 2022: € 5,931,653 First fiscal year in the series	€ 5,036,112 Total debts 2023: € 5,036,112 ▼ 15% vs 2022 (€ 5,931,653) Favourable step	€ 4,604,434 Total debts 2024: € 4,604,434 ▼ 9% vs 2023 (€ 5,036,112) Favourable step	€ 5,255,187 Total debts 2025: € 5,255,187 ▲ 14% vs 2024 (€ 4,604,434) Unfavourable step	▲ 14%
Cash	€ 107,799 Cash 2022: € 107,799 First fiscal year in the series	€ 398,701 Cash 2023: € 398,701 ▲ 270% vs 2022 (€ 107,799) Favourable step	€ 407,262 Cash 2024: € 407,262 ▲ 2% vs 2023 (€ 398,701) Favourable step	€ 32,667 Cash 2025: € 32,667 ▼ 92% vs 2024 (€ 407,262) Unfavourable step	▼ 92%
Land & buildings	€ 4,972,033 Land & buildings 2022: € 4,972,033 First fiscal year in the series	€ 4,138,511 Land & buildings 2023: € 4,138,511 ▼ 17% vs 2022 (€ 4,972,033) Unchanged	€ 3,920,629 Land & buildings 2024: € 3,920,629 ▼ 5% vs 2023 (€ 4,138,511) Unchanged	€ 5,498,044 Land & buildings 2025: € 5,498,044 ▲ 40% vs 2024 (€ 3,920,629) Unchanged	▲ 40%
Retained profit	€ 548,162 Retained profit 2022: € 548,162 First fiscal year in the series	€ 954,192 Retained profit 2023: € 954,192 ▲ 74% vs 2022 (€ 548,162) Favourable step	€ 1,459,550 Retained profit 2024: € 1,459,550 ▲ 53% vs 2023 (€ 954,192) Favourable step	€ 1,360,464 Retained profit 2025: € 1,360,464 ▼ 7% vs 2024 (€ 1,459,550) Unfavourable step	▼ 7%
Bank debt	€ 4,241,723 Bank debt 2022: € 4,241,723 First fiscal year in the series	€ 3,609,356 Bank debt 2023: € 3,609,356 ▼ 15% vs 2022 (€ 4,241,723) Favourable step	€ 3,255,586 Bank debt 2024: € 3,255,586 ▼ 10% vs 2023 (€ 3,609,356) Favourable step	€ 4,052,581 Bank debt 2025: € 4,052,581 ▲ 24% vs 2024 (€ 3,255,586) Unfavourable step	▲ 24%
Balance sheet total	€ 7,819,029 Balance sheet total 2022: € 7,819,029 First fiscal year in the series	€ 7,437,158 Balance sheet total 2023: € 7,437,158 ▼ 5% vs 2022 (€ 7,819,029) Unchanged	€ 7,677,040 Balance sheet total 2024: € 7,677,040 ▲ 3% vs 2023 (€ 7,437,158) Unchanged	€ 8,190,101 Balance sheet total 2025: € 8,190,101 ▲ 7% vs 2024 (€ 7,677,040) Unchanged	▲ 7%

Key figures of PRIMO, 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 PRIMO?

What happened at PRIMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 27, 2026 New annual accounts for financial year 2025: loss of € 99,085 (▼ € 604,443 vs 2024). Source: NBB ↗
2026 Liesbet Boeckx stepped down as director. NBB
2026 Lapis Circenses Invest BV stepped down as director. NBB
2020 Liesbet Boeckx became a director. NBB
2020 Lapis Circenses Invest BV became a director. NBB
Sep 16, 1988 New establishment in Olen. KBO
Feb 25, 1987 Start of the company according to the CBE. KBO

In short

From € 80,638 profit in 2022 to € 99,085 loss in 2025.

Paid € 20,829 in corporate taxes since 2022.

Best year ever: 2024, with € 505,357 profit.

Original PDFs at the National Bank ↗

Management

LAPIS CIRCENSES INVEST 100%

The stake of LAPIS CIRCENSES INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PRIMO

The shares are held by LAPIS CIRCENSES INVEST (100%).

Directors

According to the 2025 annual accounts

Liesbet Boeckx

Bestuurder

Also active at: BETTING SERVICE, HILDIR, EUROGAMING, TOPSTONE SERVICES BELGIUM, INVEST GAMING GROUP, KENT, GL Bet, Meridian Gaming Belgium +4 more

since 2020 · until 2026

Lapis Circenses Invest BV

Gedelegeerd bestuurder · represented by Dirk Nuyts

Also active at: Lucky Star, HILDIR, Magic Betting Casino

since 2020 · until 2026

Shareholders

LAPIS CIRCENSES INVEST

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan 3

2250 Olen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

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€ 846,639 gross margin · 2025

VERENIGING VAN ONAFHANKLIJKE EXPLOITANTEN VAN SPEELAUTOMATEN

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€ -1,767 gross margin · 2025

+1 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0430.524.008
VAT number: BE 0430.524.008
Registered office: Industrielaan 3, 2250 Olen
Names & denominations: PRIMO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 25 February 1987
Peppol: Active · Active since 21 Oct 2026
Activities · NACE: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

View on CBE Public ↗ Annual accounts (NBB) ↗