Losses
-€145,117 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
PROMA
Lifetime
19 annual accounts with figures on one time axis, 25 filings since 2000peak €1.1m (2015)
-€5,629▲ €32,131
lowest -€178,446 (2016)
-€29,941▲ €32,832
peak €1.2m (2022)
€1.1m▼ 2.7%
€2.1m▲ 2.1%
peak 0 FTE (2024)
0 FTE
Board3 names since 2017
3 directorsNV F.M.K. and 2 others
Owners3 names in the annual accounts
33.33%F.M.K. and 2 others
Documentsfilings and deeds
18-06-202612 days before the deadline
2025financial year
Gross margin from -€37,760 to -€5,629Loss of €29,9413 directors reappointed 11-08Cash from €52,191 to €11,527
Key points
from the 2025 annual accountsFilings
25 annual accounts since 2000
The last five annual accounts were filed 6 to 30 days before the end of the period.
Checked score
91
Excellent
Financially stronger than 32% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: 0.1%▲ +0.1 percentage points vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: 0.1%▲ +0.1 percentage points vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.4%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.3 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.52, cash €11,527, halved
lowers risk
Size: total assets €3.1m
Figures for financial year 2025 (filed on 18-06-2026)
Founded in 2000
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, small). It does better than 54% of them on solvency, 13% on liquidity, 29% on profitability and 32% 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 30-11-2025.
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, 8,617 companies had the same profile as PROMA has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROMA itself: 0.1% 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 8,617 companies, not a prediction for PROMA. 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 €95,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.52 (1.54 in 2024), above the usual 1.5. Short-term debt is 65.9% and cash 0.4% of total assets. However, 65.9% of the assets are financed with debt and provisions.
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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
1819202122232425
2018 to 2025 · latest year -€29,941
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 18-06-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 days early
2024
20 days early
2023
30 days early
2022
18 days early
2021
6 days early
2020
21 days early
2019
12 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 17 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)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 12 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today30-11-2026 year end30-06-2027 deadline
Board and ownership
- F.M.K. 33.33%score 94equity €23.8m (2026) · 31-03-2026 annual accounts of F.M.K.
- H&D 33.33%score 92equity €26.2m (2025) · 2025 annual accounts of H&D
- R.D.B. 33.33%score 94equity €11.4m (2025) · 2025 annual accounts of R.D.B.
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0469965889
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · De Panne
3 directors reappointed
Permanent representative: Kurt Havegeer · NV H&D, NV R.D.B. and NV F.M.K. · General meeting of 03-06-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROMA Roeselare | €3.1m | -€5,629 | 34.1% | 0 |
| PMPC Knokke-Heist | €3.4m | -€101,223 | 79.1% | 0 |
| SOBELIM Nazareth-De Pinte | €3.4m | -€288,939 | 22.6% | 0 |
| EKKELGARDEN PARK Temse | €3.8m | -€26,633 | -17.9% | 0 |
| SOENEN-DEQUAE Oostkamp | €4.2m | -€31,011 | 12.9% | 0.3 |
| FLANDERS BUILDING SOLUTIONS Oostkamp | €5.2m | -€183,173 | 47.9% | 0 |
| LE COQ Antwerp | €4.3m | -€56,209 | 34.8% | 0 |
These companies have the same main activity as PROMA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €3.4m and €5.2m, founded between 1997 and 2004.
Official details
Source: KBO- Status
- Active since 21-01-2000Normal situation
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.099.492.5468800 Roeselare, since 06-04-2000
- Financial year end
- 30 November
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-11-2025
- €3.1m▲ 0.4%
- Filing
- Filed on 18-06-2026, 12 days before the end of the filing period
Insights on PROMA
PROMA has existed since 2000. In 2021 the gross margin rose from €93,974 to €516,097.
In August 2025, the Official Gazette published the appointment of NV F.M.K. as managing director.
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 PROMA
- What is the company number of PROMA?
- The company number of PROMA is 0469.965.889. The VAT number is the same number with BE in front: BE 0469.965.889.
- Where is PROMA based?
- The registered office is at Kerkplein 33, 8800 Roeselare.Company details
- What does PROMA do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of PROMA?
- PROMA is a public limited company (NV).
- When was PROMA founded?
- PROMA was founded on 21-01-2000.
- Is PROMA still active?
- Yes, PROMA is an active enterprise in the KBO register.
- What is the turnover of PROMA?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is PROMA profitable?
- In financial year 2025, PROMA made a loss of €29,941.
- Where can I find the annual accounts of PROMA?
- PROMA filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROMA due?
- PROMA must file the annual accounts for financial year 2026 by 30-06-2027.Timeline
Next steps
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