E.W. PROMOTION
ActiveE.W. PROMOTION has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €142k and a net result of €19k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 908 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
96
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 36.66 against 59.25 in 2023; short-term debt: 2.4% and cash: 36.1% of total assets), and 2.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
60 d late
2022
78 d late
2021
92 d late
2020
90 d late
2019
119 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€142k▲ 15.4%
2023 · €123k
2018: €85k
2019: €92k
2020: €134k
2021: €167k
2022: €119k
2023: €123k
2018 → 2024
Total assets
€146k▲ 16.3%
2023 · €125k
2018: €112k
2019: €121k
2020: €162k
2021: €228k
2022: €139k
2023: €125k
2018 → 2024
Net result
€19k▲ 303%
2023 · €5k
2018: €-10k
2019: €7k
2020: €42k
2021: €33k
2022: €-48k
2023: €5k
2018 → 2024
Working capital
€125k▲ 7.6%
2023 · €117k
2018: €56k
2019: €75k
2020: €114k
2021: €150k
2022: €107k
2023: €117k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€134k-€167k▲ 24.2%€119k▼ 28.9%€123k▲ 4.0%€142k▲ 15.4%
Operating result€51k-€43k▼ 15.4%€-47k€6k€20k▲ 225%
Net result€42k-€33k▼ 23.0%€-48k€5k€19k▲ 303%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 225% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €146k
Fixed assets
€17k▲ 151%
Current assets
€129k▲ 8.7%
Equity and liabilities €146k
Equity
€142k▲ 15.4%
Debt
€4k▲ 75.7%
The debt ratio rises from 1.6% to 2.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▲
2023 · €12k
Cash flow
€25k▲
2023 · €10k
Solvency
97.6%▼
2023 · 98.4%
Current ratio
36.66▼
2023 · 59.25
Quick ratio
35.87▼
2023 · 57.87
Debt / equity
0.02▲
2023 · 0.02
ROE
13.3%▲
2023 · 3.8%
ROA
13.0%▲
2023 · 3.8%
Interest coverage
46.97▲
2023 · 11.58
Debt
€4k▲
2023 · €2k
Debt ≤ 1 year
€4k▲
2023 · €2k
Income taxes
€423▼
2023 · €437
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€125k€146k▲
Fixed assets21/28€7k€17k▲
Tangible fixed assets22/27€7k€17k▲
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€2k€14k▲
Current assets29/58€119k€129k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€70k€74k▲
Trade receivables40€2k€2k▼
Other amounts receivable41€68k€71k▲
Cash at bank and in hand54/58€45k€53k▲
Equity and liabilities
Total equity and liabilities10/49€125k€146k▲
Equity10/15€123k€142k▲
Contributions10/11€31k€31k=
Reserves13€136k€136k=
Distributable reserves133€136k€136k=
Profit (loss) carried forward14€-44k€-25k▲
Amounts payable17/49€2k€4k▲
Amounts payable within one year42/48€2k€4k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€876€859▼
Taxes450/3€876€859▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€14k€28k▲
Operating profit (loss)9901€6k€20k▲
Financial charges65/66B€1k€560▼
Recurring financial charges65€1k€560▼
Profit (loss) for the period before taxes9903€5k€19k▲
Income taxes67/77€437€423▼
Profit (loss) for the period9904€5k€19k▲
Profit (loss) for the period to be appropriated9905€5k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-25k▲
Profit (loss) brought forward from the previous period14P€-48k€-44k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 57 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 60 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 59.25
Current ratio from 6.33 to 59.25; short-term debt falls from €20k to €2k.
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 78 days late
2022
31-12
Financial
Weakest financial yearnet €-48k ▼249%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
2021
31-12
Financial
Equity above €150kEq €167k ▲24.2%
3 profitable years in a row build equity to €167k.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
31-12
Financial
Highest result since 2018net €42k ▲535%
Operating result €51k, net result €42k, both a record.
31-12
Financial
Equity above €100kEq €134k ▲45.9%
2 profitable years in a row build equity to €134k.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 119 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 91 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Putte · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Teintstraat 332580 PutteGround area
356 m²
Building footprint
172 m²
Volume, LiDAR
1,070 m³
Parcel 12429A0225/00B000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NV E.W. PROMOTION
since 19872.031.472.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12429A0225/00B000 | Flanders | 356 m² | 1 · 172 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TRI-0859
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SPENCO
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SPORTAC86
BE 0430.587.849
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Touché Sports
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BUSINESS INTELLIGENT SOLUTIONS
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Of 3,875 companies in sector 93199 we hold annual accounts for 606. 440 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1987
Fiscal year end31-12
Activities, NACEBEL
01430Raising of horses and other equines
93199Other sports activities
85510Sports and recreation education
92622
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.