PROMACO
ActiveSummary
PROMACO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of -€54,932. Equity is growing by about 30% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, abbreviated format
Turnover
≈ €170,000
Estimated: probably between €110,000 and €330,000
Total assets
€3.0m▲ 1.6%
2024 · €3.0m
Net result
-€54,932
2024 · €28,070
Working capital
-€746,719▼ 86.4%
2024 · -€400,596
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €22,081 after €78,321 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.02m
2025
Net result-€0.05m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.0m
2025
Equity€1.6m
2025
Debt€1.3m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.7m
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.03m-€0.3m▲ 13×€0.3m▼ 7.4%€0.6m▲ 102%€0.9m▲ 46.1%€0.08m▼ 91.4%-€0.02m
Net result€0.004m-€0.2m▲ 69×€0.3m▲ 24.5%€0.4m▲ 36.0%€0.7m▲ 58.5%€0.03m▼ 95.7%-€0.05m
Equity€0.4m-€0.6m▲ 65.8%€0.7m▲ 16.9%€1.0m▲ 45.5%€1.7m▲ 62.6%€1.7m▲ 0.9%€1.6m▼ 3.2%
Total assets€1.0m-€0.9m▼ 9.3%€3.0m▲ 225%€3.0m▼ 1.7%€3.5m▲ 19.1%€3.0m▼ 16.4%€3.0m▲ 1.6%
Debt€0.7m-€0.2m▼ 62.4%€2.2m▲ 806%€1.9m▼ 16.8%€1.8m▼ 4.3%€1.2m▼ 33.2%€1.3m▲ 9.0%
Working capital€0.3m-€0.8m▲ 155%€0.2m▼ 73.8%-€0.06m-€0.2m▼ 244%-€0.4m▼ 88.8%-€0.7m▼ 86.4%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets
€2.9m ▲ 1.4%
Current assets
€77,644 ▲ 12.8%
Equity and liabilities €3.0m
Equity
€1.6m ▼ 3.2%
Provisions
€60,077 ▼ 6.2%
Debt
€1.3m ▲ 9.0%
Debt's share of the balance-sheet total rises from 40.2% to 43.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€45,498▼
2024 · €143,680
Cash flow
€12,646▼
2024 · €93,430
Current ratio
0.09▼
2024 · 0.15
Debt to equity
0.79▲
2024 · 0.70
ROE
-3.3%▼
2024 · 1.6%
ROA
-1.8%▼
2024 · 0.9%
Interest coverage
1.45▼
2024 · 3.57
Debt ≤ 1 year
€824,363▲
2024 · €469,400
Debt > 1 year
€472,970▼
2024 · €721,093
Income taxes
€15,469▲
2024 · €14,023
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - | €0.02m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.04m | €0.02m | €0.03m | €0.03m | €0.07m | €0.07m | €0.07m | ▲ 3.4% |
| Other operating charges640/8 | - | - | - | €0.005m | €0.2m | €0.005m | €0.02m | ▲ 270% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.02m | €0 | ▼ 100% |
| Gross operating margin9900 | €0.07m | €0.4m | €0.3m | €0.7m | €1.2m | €0.2m | €0.06m | ▼ 63.0% |
| Operating profit (loss)9901 | €0.03m | €0.3m | €0.3m | €0.6m | €0.9m | €0.08m | -€0.02m | - |
| Financial income75/76B | - | - | - | €0.02m | €0.001m | €40 | €0.01m | ▲ 247× |
| Recurring financial income75 | €0.004m | €0.004m | €0.2m | €0.02m | €0.001m | €40 | €0.01m | ▲ 247× |
| Financial charges65/66B | - | - | - | €0.04m | €0.05m | €0.04m | €0.03m | ▼ 22.1% |
| Recurring financial charges65 | €0.02m | €0.01m | €0.02m | €0.04m | €0.05m | €0.04m | €0.03m | ▼ 22.1% |
| Non-recurring financial charges66B | - | - | - | - | €0.004m | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €0.006m | €0.3m | €0.5m | €0.6m | €0.9m | €0.04m | -€0.04m | - |
| Transfer from deferred taxes780 | - | - | - | €107 | €0.004m | €0.004m | €0.004m | = |
| Income taxes67/77 | €0.003m | €0.01m | €0.2m | €0.2m | €0.2m | €0.01m | €0.02m | ▲ 10.3% |
| Profit (loss) for the period9904 | €0.004m | €0.2m | €0.3m | €0.4m | €0.7m | €0.03m | -€0.05m | - |
| Transfer from tax-exempt reserves789 | - | - | - | €322 | €0.01m | €0.01m | €0.01m | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0.3m | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.004m | €0.03m | €0.3m | €0.4m | €0.3m | €0.04m | -€0.04m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €0.9m | €3.0m | €3.0m | €3.5m | €3.0m | €3.0m | ▲ 1.6% |
| Fixed assets21/28 | €0.4m | €0.09m | €2.1m | €2.4m | €2.9m | €2.9m | €2.9m | ▲ 1.4% |
| Tangible fixed assets22/27 | €0.4m | €0.09m | €0.1m | €0.4m | €0.9m | €0.9m | €0.9m | ▲ 4.5% |
| Land and buildings22 | - | - | - | €0.3m | €0.9m | €0.8m | €0.9m | ▲ 6.3% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.008m | €0.03m | €0.02m | €0.02m | ▼ 4.4% |
| Leasing and similar rights25 | - | - | - | €0.04m | €0.03m | €0.01m | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Current assets29/58 | €0.6m | €0.8m | €0.9m | €0.6m | €0.6m | €0.07m | €0.08m | ▲ 12.8% |
| Amounts receivable after more than one year29 | - | - | - | €0 | €0.02m | €0 | - | - |
| Other amounts receivable291 | - | - | - | €0 | €0.02m | €0 | - | - |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.2m | €0.4m | €0.5m | €0.04m | €0.06m | ▲ 39.5% |
| Trade receivables40 | - | - | - | €0.006m | €0.07m | €0.02m | €0.05m | ▲ 116% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.4m | €0.02m | €0.01m | ▼ 50.1% |
| Cash at bank and in hand54/58 | €0.02m | €0.2m | €0.07m | €0.2m | €0.09m | €0.02m | €0.02m | ▼ 36.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.003m | €0 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €0.9m | €3.0m | €3.0m | €3.5m | €3.0m | €3.0m | ▲ 1.6% |
| Equity10/15 | €0.4m | €0.6m | €0.7m | €1.0m | €1.7m | €1.7m | €1.6m | ▼ 3.2% |
| Contributions10/11 | €0 | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.3m | €0.5m | €0.6m | €1.0m | €1.3m | €1.3m | €1.2m | ▼ 1.0% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.5m | €0.5m | €0.5m | ▼ 2.3% |
| Distributable reserves133 | - | - | - | €0.8m | €0.8m | €0.7m | €0.7m | = |
| Profit (loss) carried forward14 | €0.06m | €0.06m | €0.06m | €0.06m | €0.4m | €0.4m | €0.4m | ▼ 9.6% |
| Provisions and deferred taxes16 | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.06m | €0.06m | ▼ 6.2% |
| Deferred taxes168 | - | - | - | €0.07m | €0.07m | €0.06m | €0.06m | ▼ 6.2% |
| Amounts payable17/49 | €0.7m | €0.2m | €2.2m | €1.9m | €1.8m | €1.2m | €1.3m | ▲ 9.0% |
| Amounts payable after more than one year17 | €0.3m | €0.06m | €1.6m | €1.2m | €1.0m | €0.7m | €0.5m | ▼ 34.4% |
| Financial debts170/4 | - | - | - | €1.2m | €1.0m | €0.7m | €0.5m | ▼ 34.4% |
| Amounts payable within one year42/48 | €0.3m | €0.06m | €0.7m | €0.6m | €0.8m | €0.5m | €0.8m | ▲ 75.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 2.1% |
| Financial debts43 | - | - | - | €0.1m | €0.03m | €0.01m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €0.1m | €0.03m | €0.01m | €0 | ▼ 100% |
| Trade debts44 | €0.01m | €0.004m | €0.03m | €0.004m | €0.002m | €0.002m | €0.01m | ▲ 598% |
| Suppliers440/4 | - | - | - | €0.004m | €0.002m | €0.002m | €0.01m | ▲ 598% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.02m | €0 | €0.008m | ▲ 755,514× |
| Taxes450/3 | - | - | - | €0.06m | €0.02m | €0 | €0.008m | ▲ 755,514× |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.5m | €0.2m | €0.6m | ▲ 164% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.01m | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.004m | €0.2m | €0.3m | €0.4m | €0.7m | €0.03m | -€0.05m | - |
| + Depreciation and write-downs630 | €0.04m | €0.02m | €0.03m | €0.03m | €0.07m | €0.07m | €0.07m | ▲ 3.4% |
| Operating cash flow (approximation) | €0.04m | €0.3m | €0.3m | €0.4m | €0.7m | €0.09m | €0.01m | ▼ 86.5% |
| Investment in fixed assets (approximation) | - | €0.3m | -€2.1m | -€0.3m | -€0.6m | -€0.008m | -€0.1m | ▼ 1,205% |
| Change in cash | - | €0.2m | -€0.1m | €0.08m | -€0.06m | -€0.07m | -€0.009m | ▲ 86.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | abbreviated format | 31-03-2026 | 2026-00067146 |
| 30-09-2024 | abbreviated format | 13-03-2025 | 2025-00047297 |
| 30-09-2023 | abbreviated format | 23-01-2024 | 2024-00004699 |
| 30-09-2022 | abbreviated format | 06-03-2023 | 2023-00035599 |
| 30-09-2021 | abbreviated format | 07-03-2022 | 2022-07100093 |
| 30-09-2020 | abbreviated format | 08-03-2021 | 2021-07000245 |
| 30-09-2019 | abbreviated format | 12-03-2020 | 2020-06400447 |
| 30-09-2018 | abbreviated format | 21-03-2019 | 2019-07400279 |
| 30-09-2017 | abbreviated format | 19-03-2018 | 2018-06900597 |
| 30-09-2016 | abbreviated format | 20-03-2017 | 2017-06600005 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.