What does PRIMATO do?

PRIMATO is a farm in Putte. Private Limited, started on 29 April 1993, 1 establishment.

What is the address of PRIMATO?

The registered office of PRIMATO is located at Lierbaan 196a, 2580 Putte.

Is PRIMATO still active?

Yes. According to the CBE (29 October 2026) PRIMATO is active, legal situation “Normale toestand”, started on 29 April 1993.

Is PRIMATO registered on Peppol?

Yes, PRIMATO is registered on the Peppol network with ID 0208:0449986760.

What is the enterprise number of PRIMATO?

The enterprise number of PRIMATO is BE0449986760.

When was PRIMATO founded?

PRIMATO was founded on 29 April 1993.

Who are the directors of PRIMATO?

According to the 2025 annual accounts, the directors of PRIMATO are: Chelsey Kenis.

Is PRIMATO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 April 1993; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did PRIMATO make in 2025?

PRIMATO posted a profit after taxes of € 2,618,768 in financial year 2025.

What is the revenue of PRIMATO?

In its most recent annual accounts (2025), PRIMATO reported revenue of € 17,915,744.

How much does an employee at PRIMATO earn?

The average wage cost per full-time employee at PRIMATO was € 44,300 in 2025: staff costs of € 4.4 million for 98.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PRIMATO have?

According to the 2025 annual accounts, PRIMATO has 98.2 full-time equivalents (FTE).

PRIMATO (Private Limited) - Putte - BE0449986760

Dossier PRIMATO, printed on 29 October 2026 from databakkes.be/en/0449986760/primato. 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.

Figures corrected NBB

Corrected annual account filed for 2024.

Financials

Financial year 2025

PRIMATO from Putte, company number BE0449986760, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year PRIMATO recorded revenue of € 17.9 million and equity of € 31.4 million. Compared with financial year 2024, the result moved from € 5.5 million to € 2.6 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.

What it is worth Healthy

€ 31.4 million

▼ 5% vs 2024

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

Profit Healthy

€ 2.6 million

▼ 53% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.1 million

▲ € 2.6 million vs 2024

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

Where the profit goes Pays out

€ 4.2 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

98.2

▲ 13.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.4 million

▲ 15% vs 2024

€ 44,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 430,220

▲ 11% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 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.

€ 5.6 million

▼ 17% vs 2024

€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 1.7 million

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.

Taxes and wages

€ 670,895

▲ 20% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 19,704,987 Revenue 2022: € 19,704,987 First fiscal year in the series	€ 20,674,089 Revenue 2023: € 20,674,089 ▲ 5% vs 2022 (€ 19,704,987) Favourable step	€ 19,535,119 Revenue 2024: € 19,535,119 ▼ 6% vs 2023 (€ 20,674,089) Unfavourable step	€ 17,915,744 Revenue 2025: € 17,915,744 ▼ 8% vs 2024 (€ 19,535,119) Unfavourable step	▼ 8%
Profit after taxes	€ 4,987,926 Profit after taxes 2022: € 4,987,926 First fiscal year in the series	€ 7,436,598 Profit after taxes 2023: € 7,436,598 ▲ 49% vs 2022 (€ 4,987,926) Favourable step	€ 5,538,044 Profit after taxes 2024: € 5,538,044 ▼ 26% vs 2023 (€ 7,436,598) Unfavourable step	€ 2,618,768 Profit after taxes 2025: € 2,618,768 ▼ 53% vs 2024 (€ 5,538,044) Unfavourable step	▼ 53%
Equity	€ 20,047,111 Equity 2022: € 20,047,111 First fiscal year in the series	€ 27,483,709 Equity 2023: € 27,483,709 ▲ 37% vs 2022 (€ 20,047,111) Favourable step	€ 33,021,753 Equity 2024: € 33,021,753 ▲ 20% vs 2023 (€ 27,483,709) Favourable step	€ 31,408,775 Equity 2025: € 31,408,775 ▼ 5% vs 2024 (€ 33,021,753) Unfavourable step	▼ 5%
Total debts	€ 10,133,503 Total debts 2022: € 10,133,503 First fiscal year in the series	€ 9,890,687 Total debts 2023: € 9,890,687 ▼ 2% vs 2022 (€ 10,133,503) Favourable step	€ 9,025,691 Total debts 2024: € 9,025,691 ▼ 9% vs 2023 (€ 9,890,687) Favourable step	€ 8,010,874 Total debts 2025: € 8,010,874 ▼ 11% vs 2024 (€ 9,025,691) Favourable step	▼ 11%
Cash	€ 2,000,038 Cash 2022: € 2,000,038 First fiscal year in the series	€ 192,303 Cash 2023: € 192,303 ▼ 90% vs 2022 (€ 2,000,038) Unfavourable step	€ 528,629 Cash 2024: € 528,629 ▲ 175% vs 2023 (€ 192,303) Favourable step	€ 3,108,849 Cash 2025: € 3,108,849 ▲ € 2.6 million vs 2024 (€ 528,629) Favourable step	▲ € 2.6 million
Land & buildings	€ 8,699,731 Land & buildings 2022: € 8,699,731 First fiscal year in the series	€ 7,973,891 Land & buildings 2023: € 7,973,891 ▼ 8% vs 2022 (€ 8,699,731) Unchanged	€ 8,666,584 Land & buildings 2024: € 8,666,584 ▲ 9% vs 2023 (€ 7,973,891) Unchanged	€ 8,750,149 Land & buildings 2025: € 8,750,149 ▲ 1% vs 2024 (€ 8,666,584) Unchanged	▲ 1%
Retained profit	€ 18,338,772 Retained profit 2022: € 18,338,772 First fiscal year in the series	€ 25,775,370 Retained profit 2023: € 25,775,370 ▲ 41% vs 2022 (€ 18,338,772) Favourable step	€ 31,313,414 Retained profit 2024: € 31,313,414 ▲ 21% vs 2023 (€ 25,775,370) Favourable step	€ 29,700,436 Retained profit 2025: € 29,700,436 ▼ 5% vs 2024 (€ 31,313,414) Unfavourable step	▼ 5%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 4,231,746 Dividend 2025: € 4,231,746 Unchanged (€ 0) Unchanged
Bank debt	€ 8,047,619 Bank debt 2022: € 8,047,619 First fiscal year in the series	€ 8,257,143 Bank debt 2023: € 8,257,143 ▲ 3% vs 2022 (€ 8,047,619) Unfavourable step	€ 6,766,666 Bank debt 2024: € 6,766,666 ▼ 18% vs 2023 (€ 8,257,143) Favourable step	€ 5,633,333 Bank debt 2025: € 5,633,333 ▼ 17% vs 2024 (€ 6,766,666) Favourable step	▼ 17%
Balance sheet total	€ 30,180,615 Balance sheet total 2022: € 30,180,615 First fiscal year in the series	€ 37,374,396 Balance sheet total 2023: € 37,374,396 ▲ 24% vs 2022 (€ 30,180,615) Unchanged	€ 42,047,444 Balance sheet total 2024: € 42,047,444 ▲ 13% vs 2023 (€ 37,374,396) Unchanged	€ 39,419,649 Balance sheet total 2025: € 39,419,649 ▼ 6% vs 2024 (€ 42,047,444) Unchanged	▼ 6%
Employees (FTE)	86.2 Employees (FTE) 2022: 86.2 First fiscal year in the series	93.7 Employees (FTE) 2023: 93.7 ▲ 7.5 vs 2022 (86.2) Unchanged	84.8 Employees (FTE) 2024: 84.8 ▼ 8.9 vs 2023 (93.7) Unchanged	98.2 Employees (FTE) 2025: 98.2 ▲ 13.4 vs 2024 (84.8) Unchanged	▲ 13.4

Key figures of PRIMATO, 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 PRIMATO?

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

Jul 30, 2026 New annual accounts for financial year 2025: profit of € 2.6 million (▼ 53% vs 2024). Source: NBB ↗
May 25, 1993 New establishment in Putte. KBO
Apr 29, 1993 Start of the company according to the CBE. KBO

In short

From € 5 million profit in 2022 to € 2.6 million profit in 2025.

Paid € 6.9 million in corporate taxes since 2022.

Best year ever: 2023, with € 7.4 million profit.

Paid out € 4.2 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

D & D HOLDING 20%

The stake of D & D HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

PRIMATO

Itterflow 52%

Behind PRIMATO is Chelsey Kenis. The shares are held by D & D HOLDING (20%). It owns 52% of Itterflow itself.

Directors

According to the 2025 annual accounts

Chelsey Kenis

Director

Also active at: Monopole Invest, Chellis

Shareholders

D & D HOLDING

20%

Participations

Itterflow

52%

Establishments

Establishment units

Physical locations of this company

Registered office

Lierbaan 196a

2580 Putte

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

Details

Company number

0449.986.760

VAT number

BE 0449.986.760

Registered office

Lierbaan 196a, 2580 Putte

Names & denominations

PRIMATO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 April 1993

Peppol

Active · Active since 3 Mar 2025

Activities · NACE

Teelt van groenten, meloenen en wortel- en knolgewassen

Groenteteelt

Handel in elektriciteit

Productie van elektriciteit uit niet-hernieuwbare bronnen

Transmissie van elektriciteit

Distributie van elektriciteit

View on CBE Public ↗ Annual accounts (NBB) ↗

PRIMATO

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Financials

What happened to PRIMATO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions