PROMALU

Active

Private limited companyfounded 2019active for 6 yearsWestlaan 13, 8560 Wevelgem, BelgiumKBO/BCE: BE 0737.923.045

Summary

The computed 12-month bankruptcy probability of PROMALU is 5.8% (elevated). The 2025 annual accounts show negative equity (-€51,959) and a net result of €12,584. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 78 sector peers (NACE 24, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

PROMALUActiveChecked score 36/100

Risk analysis Report Compare

Activity

Manufacture of basic metals

NACE 24420Manufacture of fabricated metal products, except machinery and equipment NACE 25120

1 site

Size

≈ €1.5mturnover 2025, estimated

Staff: 7.9 FTE
Equity: -€51,959
Profit: €12,584

Turnover estimated from the gross margin

Financial health

36 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 5.8%

Structure

Gillou BVDirector · permanent representative Steven Van Herreweghe

2025 accounts 65 days early2 of 4 deeds summarised

Why 36raises riskNegative equity -€51,959Liquidity: current ratio 1.07, cash €1,254, halvedSize: 7.9 FTE, total assets €825,6911 change of registered office in 24 monthsShow the evidence

Checked score

Score 2025

36 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 31% of its sector peers (NACE 24, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 19+1

equity -6.3% of total assets

Liquidity 0-4

short-term debt 90.8% · cash 0.2%

Profitability 35+35

return on assets 1.5%

Bankruptcy probability, 12 months

5.8% Elevated

0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (202 companies, NACE 24, micro)

Last 24 months 11-2024: 2.5% 12-2024: 2.5%● unchanged vs 11-2024 01-2025: 2.5%● unchanged vs 12-2024lowest value 02-2025: 2.5%● unchanged vs 01-2025lowest value 03-2025: 3.5%▲ +1.0 percentage point vs 02-2025 04-2025: 3.9%▲ +0.4 percentage points vs 03-2025 05-2025: 4.8%▲ +0.9 percentage points vs 04-2025 06-2025: 5.2%▲ +0.4 percentage points vs 05-2025 07-2025: 5.5%▲ +0.3 percentage points vs 06-2025 08-2025: 6.5%▲ +1.0 percentage point vs 07-2025 09-2025: 6.5%● unchanged vs 08-2025 10-2025: 6.5%● unchanged vs 09-2025 11-2025: 6.9%▲ +0.4 percentage points vs 10-2025 12-2025: 6.9%● unchanged vs 11-2025 01-2026: 7.0%▲ +0.1 percentage points vs 12-2025 02-2026: 7.6%▲ +0.6 percentage points vs 01-2026 03-2026: 7.6%● unchanged vs 02-2026 04-2026: 8.0%▲ +0.4 percentage points vs 03-2026 05-2026: 8.4%▲ +0.4 percentage points vs 04-2026highest value 06-2026: 5.7%▼ -2.7 percentage points vs 05-2026 07-2026: 5.7%● unchanged vs 06-2026 08-2026: 5.7%● unchanged vs 07-2026 09-2026: 5.7%● unchanged vs 08-2026 10-2026: 5.8%▲ +0.1 percentage points vs 09-2026

No credit on open account

Liquidity tight (current ratio 1.07, compared with 1.12 in 2024, below the usual 1.5; short-term debt: 90.8% and cash: 0.2% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 24, micro): better than 14% on solvency, 3% on liquidity, 28% on profitability and 79% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

raises riskneutral

Negative equity -€51,959

NBB · annual accounts

Liquidity: current ratio 1.07, cash €1,254, halved

NBB · annual accounts

Size: 7.9 FTE, total assets €825,691

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 78 sector peers (2025).

NBB · sector comparison

Position among 78 sector peers

Solvency

better than 10%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

65 days early

2024

15 days early

2023

12 days early

2022

11 days early

2021

16 days early

2020

33 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 25 days before the deadline; the sector median (NACE 24) for financial year 2024 is 15 days before the deadline, and 29% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-05-2026 Annual accounts filedfinancial year 2025 · abbreviated…
05-05-2026 Resignation: Clémelle BV (director)Appointment: Gillou BV (director)
31-12-2025 Back to profitnet €12,584

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€51,959 View
Positive: Back in profit in 2025after -€301,422 in 2024 €12,584 View
Caution: Among the weakest 8% on equitysector median €357,188 · 78 companies -€51,959 View
Caution: Board changedlatest change 07-04-2026 · 1 in office 1 joined · 1 left View
Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Financial year: 2025
Total assets: €825,691
Profit: €12,584
Solvency: -6.3%

Total assets▼ 4.4%

Net result

20202025

Go to Financials

Board & ownership

Board: 1 member

Gillou BVDirector

Go to Board & ownership

Timeline

Events: 13
Since: 2021
Next accounts: by 31-07-2027

16-07-2025Annual accounts filed
17-02-2025Registered office · Miscellaneous
31-12-2024Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of basic metalsNACE 24420
Founded: 21-11-2019
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about PROMALU

What is the company number of PROMALU?: 0737.923.045. In Belgium the VAT number is the company number with BE in front: BE 0737.923.045.
Where is PROMALU based?: The registered office is at Westlaan 13, 8560 Wevelgem.Company details
What does PROMALU do?: According to the KBO register, the main activity is manufacture of basic metals (NACE 24420).
What is the legal form of PROMALU?: Private limited company (BV).
When was PROMALU founded?: On 21-11-2019.
Is PROMALU still active?: Yes, PROMALU is an active enterprise in the KBO register.
How many employees does PROMALU have?: On average 7.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of PROMALU?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is PROMALU profitable?: In financial year 2025, PROMALU made a profit of €12,584.
Where can I find the annual accounts of PROMALU?: PROMALU filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROMALU due?: By 31-07-2027, for financial year 2026.Timeline