PROMOWEST
ActiveSummary
PROMOWEST has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.6m and a net result of -€414,032. Equity has been shrinking by about 15% per year since 2018. Its solvency ranks better than 76% of 5,795 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 27-08-1975 Normal situation
- Activity
- Development of residential building projects NACE 68121
- Establishment unit
- 2.031.034.597 8750 Wingene, since 03-06-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2025
Board and ownership
- IDE JORISDirector
- Auditor
- DPO Bedrijfsrevisoren
- BREMHOVE32.76%· score 882025 annual accounts of BREMHOVE
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €285,296
- ▼ 68.7%
- Turnover
- ≈ €510,000
- estimated
- Loss
- €414,032
- ▲ 808%
- Equity
- €12.6m
- ▲ 12×
- Total assets
- €17.4m
- ▲ 2.6%
Score breakdownraises riskLiquidity: current ratio 0.14, cash €4,090, halvedlowers riskSize: total assets €17.4mFounded in 1975Figures for financial year 2025 (filed on 06-07-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, medium-sized). It does better than 83% of them on solvency, 49% on liquidity, 11% on profitability and 99% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€414,032 View
- Positive: Equity rose in 2025capital increase ▲ 12× View
- Caution: Lower net result than 92% of companies in real estatesector median €20,550 · 5,802 companies -€414,032 View
- Branch taken over from NIEUWBURGH PROJECTtakeover on 08-05-2026 2026 View
Recent changes
- · Gazette deed Demerger: NIEUWBURGH PROJECT splits off to PROMOWESTCapital decrease of €13,358,111.05 · Appointment: DPO Bedrijfsrevisoren (company auditor)
- · Gazette deed Demerger proposal: PROMOWEST splits off to NIEUWBURGH PROJECT
- · Gazette deed Capital & shares
Comparable companies
These companies have the same main activity as PROMOWEST: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €13m and €26m, founded between 1970 and 1988.
| Company | Total assets | Gross margin |
|---|---|---|
| PROMOWEST Wingene | €17.4m | €0.3m |
| CIGLO Anderlecht | €19.2m | €0.4m |
| BIS BEHEER Knokke-Heist | €13.3m | €0.3m |
| Centrimo Kortrijk | €26.4m | €0.2m |
| FABIOLA Koksijde | €18.5m | €0.3m |
| Immo - Vilvo Grimbergen | €14.2m | €0.5m |
| ALSOCO Hasselt | €15.9m | €0.4m |
Key facts about PROMOWEST
- What is the company number of PROMOWEST?
- The company number of PROMOWEST is 0415.331.630. The VAT number is the same number with BE in front: BE 0415.331.630.
- Where is PROMOWEST based?
- The registered office is at Ricksteenweg 38, 8750 Wingene.Company details
- What does PROMOWEST do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of PROMOWEST?
- The legal form of PROMOWEST is Public limited company (NV).
- When was PROMOWEST founded?
- PROMOWEST was founded on 27-08-1975.
- Is PROMOWEST still active?
- Yes, PROMOWEST is an active enterprise in the KBO register.
- What is the turnover of PROMOWEST?
- The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €285,296 and 42 comparable companies (NACE 681). It probably lies between €390,000 and €830,000.Financials
- Is PROMOWEST profitable?
- In financial year 2025, PROMOWEST made a loss of €414,032.
- Where can I find the annual accounts of PROMOWEST?
- PROMOWEST filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROMOWEST due?
- PROMOWEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.