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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PRIME SHINE from Gent, company number BE0803447832, closed financial year 2025 with a result of € -14,297 after tax. For that financial year PRIME SHINE recorded a gross margin of € -8,678 and equity of € -49,229. Compared with financial year 2024, the result moved from € -30,541 to € -14,297. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ -49,229
▼ € 14,297 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,297
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,347
▼ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -54,229.
People and assets in 2025
€ 5,193
▼ 58% 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,565
▲ € 9,165 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,758
▼ 67% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 498 | € 18,778 | - | |
| Gross margin | € -9,391 | € -17,889 | € -8,678 | ▲ € 9,211 |
| Profit after taxes | € -9,391 | € -30,541 | € -14,297 | ▲ € 16,244 |
| Equity | € -4,391 | € -34,932 | € -49,229 | ▼ € 14,297 |
| Total debts | € 5,261 | € 37,408 | € 50,576 | ▲ 35% |
| Cash | € 204 | € 1,501 | € 1,347 | ▼ 10% |
| Retained profit | € -9,391 | € -39,932 | € -54,229 | ▼ € 14,297 |
| Balance sheet total | € 870 | € 2,476 | € 1,347 | ▼ 46% |
Key figures of PRIME SHINE, fiscal years 2023 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 PRIME SHINE?
What happened at PRIME SHINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,297. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 9,391 loss in 2023 to € 14,297 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Neuseplein 10
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ASIFI Fawad(oprichter) 100%
Details
- Company number
- 0803.447.832
- VAT number
- BE 0803.447.832
- Registered office
- Neuseplein 10, 9000 Gent
- Names & denominations
- PRIME SHINE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2023
- Peppol
- Active · Active since 2 Apr 2026
- Contact
- 0484821933
- Activities · NACE
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