ACTIVE

PRIMATO

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Financial year 2025 · closed on 31/12/2025

Net result

2,6 M €

-52.7% YoY

Revenue

17,9 M €

-8.3% YoY

Equity

31,4 M €

-4.9% YoY

Workforce

98,2 ETP

+15.8% YoY

What does PRIMATO do?

PRIMATO is a Private limited company incorporated in 1993. Its main activity is: Growing of rice. Its registered office is in Putte. It employs on average 98,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.986.760

Incorporation

29/04/1993

Legal form

Private limited company

Registered office

Lierbaan 196a
2580 Putte · FlandreSee on map

Contributed capital

1 708 339,24 €

Latest accounts

31/12/2025

Average workforce

98,2 ETP

Activities (NACE)

01121Growing of rice· main 01130Growing of vegetables and melons, roots and tubers 01130Growing of vegetables and melons, roots and tubers 35110Production of electricity 35110Production of electricity 35120Transmission of electricity+5

Joint committees (3)

145
1450
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	17,9 M €	-8.3%	19,5 M €	-5.5%	20,7 M €	+4.9%	19,7 M €	+23.9%	15,9 M €	+20.6%	13,2 M €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	5,1 M €	-43.4%	9 M €	-22.8%	11,6 M €	+35.9%	8,5 M €	+32.2%	6,5 M €	+7.2%	6 M €	+4.0%	5,8 M €	-10.8%	6,5 M €	+190%	2,2 M €	+634%	305,6 k €	+251%	87,1 k €	-64.9%	248,2 k €	-3.3%	256,6 k €	-21.3%	326,1 k €	+3.7%	314,5 k €	+79.3%	175,5 k €	-41.8%	301,3 k €	+46.8%	205,3 k €
Operating result	3,3 M €	-54.5%	7,2 M €	-26.6%	9,7 M €	+43.6%	6,8 M €	+54.8%	4,4 M €	+10.0%	4 M €	+4.9%	3,8 M €	-15.8%	4,5 M €	+1086%	380,6 k €	+256%	106,9 k €	+133%	45,9 k €	-77.7%	206 k €	-3.7%	214 k €	-19.5%	265,7 k €	+8.7%	244,5 k €	+132%	105,4 k €	-50.2%	211,8 k €	+83.9%	115,1 k €
Net result	2,6 M €	-52.7%	5,5 M €	-25.5%	7,4 M €	+49.1%	5 M €	+55.0%	3,2 M €	+15.1%	2,8 M €	+20.9%	2,3 M €	-30.7%	3,3 M €	+3281%	98,8 k €	+66.3%	59,4 k €	-27.8%	82,3 k €	-47.4%	156,4 k €	+2.5%	152,5 k €	-16.4%	182,4 k €	-27.6%	251,9 k €	+519%	40,7 k €	-77.0%	176,5 k €	+97.8%	89,2 k €
Balance sheet
Equity	31,4 M €	-4.9%	33 M €	+20.2%	27,5 M €	+37.1%	20 M €	+33.1%	15,1 M €	+27.2%	11,8 M €	+30.9%	9 M €	+34.3%	6,7 M €	+98.3%	3,4 M €	+149%	1,4 M €	+4.6%	1,3 M €	+6.7%	1,2 M €	+14.1%	1,1 M €	+16.6%	916,9 k €	+23.8%	740,4 k €	+49.7%	494,5 k €	+9.0%	453,9 k €	+39.4%	325,6 k €
Total assets	39,4 M €	-6.2%	42 M €	+12.5%	37,4 M €	+23.8%	30,2 M €	+13.4%	26,6 M €	+11.8%	23,8 M €	+5.4%	22,6 M €	+1.6%	22,2 M €	+10.5%	20,1 M €	+246%	5,8 M €	+252%	1,7 M €	-4.6%	1,7 M €	+13.6%	1,5 M €	+32.1%	1,2 M €	+9.8%	1,1 M €	+18.8%	885,1 k €	-18.9%	1,1 M €	+23.8%	881,5 k €
Cash	3,1 M €	+488%	528,6 k €	+175%	192,3 k €	-90.4%	2 M €	-77.0%	8,7 M €	+49.0%	5,8 M €	+12.6%	5,2 M €	+33.7%	3,9 M €	+249%	1,1 M €	+679%	142,9 k €	-70.3%	481,7 k €	-7.6%	521,1 k €	+445%	95,6 k €	-48.1%	184,3 k €	-64.2%	514,6 k €	+637%	69,9 k €	-85.8%	492,6 k €	+182%	175 k €
Debts	8 M €	-11.0%	9 M €	-8.7%	9,9 M €	-2.4%	10,1 M €	-12.3%	11,5 M €	-3.4%	11,9 M €	-11.6%	13,5 M €	-12.7%	15,5 M €	-7.2%	16,6 M €	+274%	4,4 M €	+1184%	346,4 k €	-32.5%	512,8 k €	+12.5%	455,8 k €	+209%	147,7 k €	-32.5%	218,8 k €	-27.4%	301,4 k €	-43.9%	537 k €	-3.4%	555,9 k €
Other
Workforce	98,2 ETP	+15.8%	84,8 ETP	-9.5%	93,7 ETP	+8.7%	86,2 ETP	+8.3%	79,6 ETP	-4.3%	83,2 ETP	+3.7%	80,2 ETP	-8.1%	87,3 ETP	+166%	32,8 ETP		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

Chelsey Kenis

Director

Active

Ended mandates

CHELSEY KENIS

Director · since 26 janvier 2016

Ended

Guido PITTOORS

Mandate · since 01 janvier 2015

Ended

Guido PITTOORS

Director · since 01 janvier 2015

Ended

Maureen PEETERS

Mandate · since 29 avril 1973 · until 31 décembre 2014

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	02/10/2025	18/10/2024	05/12/2023	28/07/2022	30/09/2021
General meeting	30/06/2026	23/06/2025	28/06/2024	05/06/2023	21/06/2022	25/08/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Full modelCorrection	31/12/2024	23/06/2025	02/10/2025	Dutch	PDF
Full model	31/12/2024	23/06/2025	18/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	18/10/2024	Dutch	PDF
Full model	31/12/2022	05/06/2023	05/12/2023	Dutch	PDF
Full model	31/12/2021	21/06/2022	28/07/2022	Dutch	PDF
Full model	31/12/2020	25/08/2021	30/09/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	23/10/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	11/07/2017	Dutch	PDF
Abridged model	30/06/2015	25/12/2015	28/12/2015	Dutch	PDF
Abridged model	30/06/2014	26/12/2014	31/12/2014	Dutch	PDF
Abridged model	30/06/2013	27/12/2013	21/02/2014	Dutch	PDF
Abridged modelCorrection	30/06/2012	28/12/2012	04/07/2013	Dutch	PDF
Abridged model	30/06/2012	28/12/2012	30/01/2013	Dutch	PDF
Abridged model	30/06/2011	28/12/2011	30/01/2012	Dutch	PDF
Abridged model	30/06/2010	28/12/2010	05/01/2011	Dutch	PDF
Abridged model	30/06/2009	28/12/2009	28/01/2010	Dutch	PDF
Abridged model	30/06/2008	02/12/2008	29/12/2008	Dutch	PDF
Abridged model	30/06/2007	03/12/2007	10/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 11 ended

Active mandates

Chelsey Kenis

Director

Active

Ended mandates

CHELSEY KENIS

Director · since 26 janvier 2016

Ended

Guido PITTOORS

Mandate · since 01 janvier 2015

Ended

Guido PITTOORS

Director · since 01 janvier 2015

Ended

Maureen PEETERS

Mandate · since 29 avril 1973 · until 31 décembre 2014

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other12/08/2026
DIVERSEN
PDF
Mandates23/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates17/02/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/11/2015
BENAMING - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/01/2015
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20252,6 M €↓
2024
Annual accounts 20245,5 M €↓
2023
Annual accounts 20237,4 M €↑
2022
Annual accounts 20225 M €↑
2021
Annual accounts 20213,2 M €↑
2020
Annual accounts 20202,8 M €↑
2019
Annual accounts 20192,3 M €↓
2018
Annual accounts 20183,3 M €↑
2017
Annual accounts 201798,8 k €↑
2015
Annual accounts 201559,4 k €↓
2014
Annual accounts 201482,3 k €↓
2013
Annual accounts 2013156,4 k €↑
2012
Annual accounts 2012152,5 k €↓
2011
Annual accounts 2011182,4 k €↓
2010
Annual accounts 2010251,9 k €↑
2009
Annual accounts 200940,7 k €↓
2008
Annual accounts 2008176,5 k €↑
2007
Annual accounts 200789,2 k €
29/04/1993
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PRIMATO

Overview

What does PRIMATO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline