Equity
€97,408 from €342,034 in 2016
Equity fell by 72% in 9 years.
PROMADEV
Lifetime
16 annual accounts with figures on one time axis, 20 filings since 2003peak €288,881 (2012)
€25,542▲ €28,156
lowest -€53,921 (2024)
-€19,640▲ €34,282
peak €342,034 (2016)
€97,408▼ 16.8%
€133,773▼ 26.2%
Board7 names since 2021
5 directorsKristof Vanhamel and 4 others
Documentsfilings and deeds
16-01-202615 days before the deadline
2025micro format
Gross margin from -€2,614 to €25,542Loss of €19,640Equity from €117,048 to €97,408Debts from €181,327 to €133,773Cash from €7,104 to €64,900
Key points
from the 2025 annual accountsLosses
-€97,363 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Turnover
≈ €110,000 estimated
The accounts state no turnover.
Filings
20 annual accounts since 2003
The 2015 accounts came 61 days late. The other nine of the last ten were filed on time.
Board
3 joined
New directors. Latest change 22-07-2026 · 5 in office.
Position in the sector
-€19,640
Lower net result than 88% of companies in wholesale trade. Sector median €5,626 · 13,803 companies.
Checked score
88
Excellent
Financially stronger than 43% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.6%▲ +0.4 percentage points vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.7%▲ +0.1 percentage points vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.6%▼ -0.1 percentage points vs 11-2025
01-2026: 0.8%▲ +0.2 percentage points vs 12-2025highest value
02-2026: 0.2%▼ -0.6 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €19,640, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 11.45, cash €64,900
Founded in 2001
Size: total assets €231,181
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 51% of them on solvency, 86% on liquidity, 16% on profitability and 21% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as PROMADEV has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROMADEV itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for PROMADEV. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 11.45 (12.19 in 2024), above the usual 1.5. Short-term debt is 8.4% and cash 28.1% of total assets. However, 57.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
192022232425
2019 to 2025 · latest year -€19,640
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-01-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
9 days early
2023
8 days early
2022
8 days early
2020
14 days early
2019
31 days early
2018
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 23 January (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Board and ownership
- Kristof Jan Jozef Vanhamel 1,799 sharesdeed of 22-07-2026
- Willy Vanhamel 1 sharedeed of 22-07-2026
Recent changes
1 statutory auditor appointed, 1 director appointed, 1 resignation
Changes of role: Willy Vanhamel and Cristina-Nicoleta Alexandrescu · Appointments: Finvision Bedrijfsrevisoren BV (statutory auditor) and Kristof Jan Jozef Vanhamel (managing director) · Resignation: Kristof Jan Jozef Vanhamel (managing director) · General meeting of 17-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475852504
1 director appointed, 1 resignation, 2 reappointments
Reappointments: Kristof Vanhamel (director) and Willy Vanhamel (director) · Resignation: Agna Schoofs (director) · Appointment: Cristina-Nicoleta Alexandrescu (director) · General meeting of 26-12-2023 · Gazette deed
Capital decrease of €120,000 to €180,000
Capital from €300,000 to €180,000, 1,200 shares cancelled · General meeting of 27-04-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROMADEV Hasselt | €231,181 | €25,542 | 42.1% | - |
| HEKOMA Tessenderlo-Ham | €248,927 | €21,866 | 83.2% | - |
| Glotnor Wuustwezel | €195,212 | €26,578 | 96.9% | - |
| H20 PRODUCTS Beveren-Kruibeke-Zwijndrecht | €269,737 | €28,588 | 87.2% | - |
| HEERSEMMOLEN Herent | €253,269 | €18,203 | 91.5% | - |
| LIMBO Lommel | €347,406 | €29,576 | 85.1% | - |
| LT TRADING Wellen | €292,635 | €22,702 | 96.9% | - |
These companies have the same main activity as PROMADEV: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €195,000 and €347,000, founded between 1998 and 2007.
Official details
Source: KBO- Status
- Active since 12-10-2001Normal situation
- Activity
- Agents specialised in the wholesale of other particular productsNACE 46180and 1 other
- Establishment unit
- 2.095.335.4043720 Hasselt, since 12-11-2001
- Financial year end
- 30 June
- Peppol
- Reachable since 19-08-2025
Annual accounts to 30-06-2025
- €231,181▼ 22.5%
- Filing
- Filed on 16-01-2026, 15 days before the end of the filing period
Insights on PROMADEV
PROMADEV files the micro format. That format states no turnover. The gross margin fell from €47,543 in 2007 to €25,542 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PROMADEV
- What is the company number of PROMADEV?
- The company number of PROMADEV is 0475.852.504. The VAT number is the same number with BE in front: BE 0475.852.504.
- Where is PROMADEV based?
- The registered office is at Hasseltsesteenweg 10, 3720 Hasselt.Company details
- What does PROMADEV do?
- According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
- What is the legal form of PROMADEV?
- PROMADEV is a private limited company (BV).
- When was PROMADEV founded?
- PROMADEV was founded on 12-10-2001.
- Is PROMADEV still active?
- Yes, PROMADEV is an active enterprise in the KBO register.
- What is the turnover of PROMADEV?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €25,542 and 38 comparable companies (NACE 461). It probably lies between €70,000 and €280,000.Financials
- Is PROMADEV profitable?
- In financial year 2025, PROMADEV made a loss of €19,640.
- Where can I find the annual accounts of PROMADEV?
- PROMADEV filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROMADEV due?
- PROMADEV must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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