Primoris Belgium
0559.872.221 · rovalta.com · 23/09/2026
ACTIVE
Primoris Belgium
Financial year 2025 · closed on 31/12/2025
Net result
2,5 M €
+6.5% YoY
Revenue
16,6 M €
+11.6% YoY
Equity
10,3 M €
+13.6% YoY
Workforce
82,7 ETP
+4.6% YoY
Overview
What does Primoris Belgium do?
Primoris Belgium is a Cooperative society incorporated in 2014. Its main activity is: Technical testing and analysis. Its registered office is in Gent. It employs on average 82,7 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0559.872.221
Incorporation
31/07/2014
Legal form
Cooperative society
Registered office
Technologiepark-Zwijnaarde 90
9052 Gent · FlandreSee on map
9052 Gent · FlandreSee on map
Contributed capital
4 005 355,00 €
Latest accounts
31/12/2025
Average workforce
82,7 ETP
Activities (NACE)
Joint committees (4)
- 116
- 1160
- 207
- 2070
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||
| Revenue | 16,6 M € | +11.6% | 14,9 M € | +15.2% | 12,9 M € | -2.5% | 13,2 M € | -6.2% | 14,1 M € | +14.2% | 12,3 M € | +8.6% | 11,4 M € | +7.9% | 10,5 M € | +6.6% | 9,9 M € | +12.9% | 8,8 M € | +6.5% | 8,2 M € | +8.5% | 7,6 M € |
| EBITDA | 4,5 M € | -2.4% | 4,6 M € | +95.2% | 2,4 M € | +44.3% | 1,6 M € | -46.9% | 3,1 M € | -0.1% | 3,1 M € | +9.6% | 2,8 M € | +6.7% | 2,6 M € | -15.7% | 3,1 M € | +17.4% | 2,7 M € | +14.5% | 2,3 M € | +19.5% | 2 M € |
| Operating result | 2,7 M € | -13.0% | 3,1 M € | +232% | 925,7 k € | +726% | 112 k € | -92.3% | 1,5 M € | -14.1% | 1,7 M € | +13.5% | 1,5 M € | +22.3% | 1,2 M € | -36.8% | 1,9 M € | +7.7% | 1,8 M € | +19.3% | 1,5 M € | +27.1% | 1,2 M € |
| Net result | 2,5 M € | +6.5% | 2,3 M € | +229% | 705 k € | +421% | 135,3 k € | -87.2% | 1,1 M € | -13.7% | 1,2 M € | +18.1% | 1 M € | +22.7% | 845,1 k € | -32.4% | 1,3 M € | +6.9% | 1,2 M € | +20.4% | 972,2 k € | +23.9% | 784,4 k € |
| Balance sheet | |||||||||||||||||||||||
| Equity | 10,3 M € | +13.6% | 9,1 M € | +14.6% | 7,9 M € | +4.6% | 7,6 M € | +0.9% | 7,5 M € | +4.4% | 7,2 M € | +5.4% | 6,8 M € | +4.8% | 6,5 M € | +8.3% | 6 M € | +11.6% | 5,4 M € | +12.2% | 4,8 M € | +11.9% | 4,3 M € |
| Total assets | 14,2 M € | +9.6% | 13 M € | +25.9% | 10,3 M € | +4.9% | 9,8 M € | -11.5% | 11,1 M € | -1.4% | 11,3 M € | +10.9% | 10,2 M € | +9.5% | 9,3 M € | +0.8% | 9,2 M € | -3.3% | 9,5 M € | +12.0% | 8,5 M € | +12.5% | 7,6 M € |
| Cash | 2,6 M € | -22.4% | 3,3 M € | +31.1% | 2,5 M € | +62.5% | 1,6 M € | -0.6% | 1,6 M € | -23.5% | 2,1 M € | +0.1% | 2,1 M € | +29.8% | 1,6 M € | -23.3% | 2,1 M € | -15.3% | 2,4 M € | +109% | 1,2 M € | +32.2% | 880,8 k € |
| Debts | 3,8 M € | -0.9% | 3,8 M € | +65.0% | 2,3 M € | +10.3% | 2,1 M € | -41.0% | 3,6 M € | -12.2% | 4,1 M € | +25.9% | 3,2 M € | +17.3% | 2,7 M € | -12.7% | 3,2 M € | -20.6% | 4 M € | +12.8% | 3,5 M € | +8.6% | 3,2 M € |
| Other | |||||||||||||||||||||||
| Workforce | 82,7 ETP | +4.6% | 79,1 ETP | +1.5% | 77,9 ETP | -15.0% | 91,7 ETP | +2.9% | 89,1 ETP | +9.6% | 81,3 ETP | +4.1% | 78,1 ETP | +4.7% | 74,6 ETP | +12.9% | 66,1 ETP | +4.4% | 63,3 ETP | +7.3% | 59,0 ETP | +10.1% | 53,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 51 ended
Active mandates
Bruno DE MEULENAER
ActiveBruno Gobin
ActiveFilip VANAKEN
ActiveHans Vanderhallen
ActivePhilippe Appeltans
ActiveActive
Els BERCKMOES
ActiveMia DEMEULEMEESTER
ActiveVanhaecke Lynn
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Ciboris● Liquidation | 0472.818.184 |
CKCert● Active | 0827.394.657 |
Primoris Holding● Active | 0471.767.418 |
Financials
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 | 24/06/2026 | 27/06/2025 | 06/06/2024 | 26/06/2023 | 23/06/2022 | 12/07/2021 |
| General meeting | 19/06/2026 | 18/06/2025 | 03/06/2024 | 19/06/2023 | 20/06/2022 | 22/06/2021 |
| 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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Annual accounts filings
12 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 19/06/2026 | 24/06/2026 | Dutch | |
| Full model | 31/12/2024 | 18/06/2025 | 27/06/2025 | Dutch | |
| Full model | 31/12/2023 | 03/06/2024 | 06/06/2024 | Dutch | |
| Full model | 31/12/2022 | 19/06/2023 | 26/06/2023 | Dutch | |
| Full model | 31/12/2021 | 20/06/2022 | 23/06/2022 | Dutch | |
| Full model | 31/12/2020 | 22/06/2021 | 12/07/2021 | Dutch | |
| Full model | 31/12/2019 | 23/06/2020 | 07/07/2020 | Dutch | |
| Full model | 31/12/2018 | 03/06/2019 | 25/06/2019 | Dutch | |
| Full model | 31/12/2017 | 25/06/2018 | 26/06/2018 | Dutch | |
| Full model | 31/12/2016 | 26/06/2017 | 28/06/2017 | Dutch | |
| Full model | 31/12/2015 | 27/06/2016 | 04/07/2016 | Dutch | |
| Full model | 31/12/2014 | 15/06/2015 | 24/06/2015 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 9 active · 51 ended
Active mandates
Bruno DE MEULENAER
ActiveBruno Gobin
ActiveFilip VANAKEN
ActiveHans Vanderhallen
ActivePhilippe Appeltans
ActiveActive
Els BERCKMOES
ActiveMia DEMEULEMEESTER
ActiveVanhaecke Lynn
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/07/2026ONTSLAGEN - BENOEMINGEN
- Mandates30/01/2025ONTSLAGEN - BENOEMINGEN
- Other21/10/2024DIVERSEN
- Mandates25/09/2024ONTSLAGEN - BENOEMINGEN
- Other23/02/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ALGEMENE VERGADERING
- Mandates14/09/2023ONTSLAGEN - BENOEMINGEN
- Mandates14/07/2023ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
- Mandates15/03/2023ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252,5 M €↑
- 2024Annual accounts 20242,3 M €↑
- 2023Annual accounts 2023705 k €↑
- 2022Annual accounts 2022135,3 k €↓
- 2021Annual accounts 20211,1 M €↓
- 2020Annual accounts 20201,2 M €↑
- 2019Annual accounts 20191 M €↑
- 2018Annual accounts 2018845,1 k €↓
- 2017Annual accounts 20171,3 M €↑
- 2016Annual accounts 20161,2 M €↑
- 2015Annual accounts 2015972,2 k €↑
- 2014Annual accounts 2014784,4 k €
- 31/07/2014IncorporationCooperative society