ProMaRES
ActiveSummary
ProMaRES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €94k and a net result of €1k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability65▼-13
Solvency70▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.97 in 2023; short-term debt: 43.9% and cash: 14.7% of total assets), and 55.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.9%
Return on assets
0.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
22 d late
2022
34 d early
2021
16 d early
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€94k▲ 0.5%
2023 · €94k
Total assets
€210k▼ 7.0%
2023 · €225k
Net result
€1k▼ 92.3%
2023 · €17k
Working capital
€1k
2023 · €-3k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-2k€-35▲ 98.5%€34k€32k▼ 7.2%€11k▼ 64.1%
Net result€-6k€-3k▲ 37.1%€20k€17k▼ 18.7%€1k▼ 92.3%
Equity€62k▼ 8.2%€58k▼ 5.6%€78k▲ 33.5%€94k▲ 20.2%€94k▲ 0.5%
Total assets€229k▼ 11.6%€210k▼ 8.4%€215k▲ 2.3%€225k▲ 5.0%€210k▼ 7.0%
Debt€167k▼ 12.8%€151k▼ 9.4%€137k▼ 9.7%€132k▼ 3.6%€116k▼ 12.2%
Working capital€-78k▲ 10.8%€-73k▲ 7.0%€-35k▲ 51.3%€-3k▲ 92.4%€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 64% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €210k
Fixed assets
€117k ▼ 8.9%
Current assets
€93k ▼ 4.4%
Equity and liabilities €210k
Equity
€94k ▲ 0.5%
Debt
€116k ▼ 12.2%
Debt's share of the balance-sheet total falls from 58.4% to 55.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▼
2023 · €57k
Cash flow
€25k▼
2023 · €42k
Current ratio
1.01▲
2023 · 0.97
Debt to equity
1.23▼
2023 · 1.41
ROE
1.3%▼
2023 · 17.7%
ROA
0.6%▼
2023 · 7.3%
Interest coverage
5.46▼
2023 · 10.87
Debt ≤ 1 year
€92k▼
2023 · €100k
Debt > 1 year
€24k▼
2023 · €32k
Income taxes
€5k▼
2023 · €10k
Staff costs
€134
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2k | €91 | - | €134 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €25k | €25k | €25k | €24k | ▼ 6.1% |
| Other operating charges640/8 | - | €3k | €3k | €3k | €4k | ▲ 15.2% |
| Gross operating margin9900 | €28k | €30k | €63k | €61k | €39k | ▼ 35.2% |
| Operating profit (loss)9901 | €-2k | €-35 | €34k | €32k | €11k | ▼ 64.1% |
| Financial income75/76B | - | - | €0 | €139 | €1k | ▲ 833% |
| Recurring financial income75 | €2 | - | €0 | €139 | €1k | ▲ 833% |
| Financial charges65/66B | - | €1k | €3k | €5k | €6k | ▲ 22.5% |
| Recurring financial charges65 | €1k | €1k | €3k | €5k | €6k | ▲ 22.5% |
| Profit (loss) for the period before taxes9903 | €-4k | €-1k | €31k | €27k | €6k | ▼ 76.5% |
| Income taxes67/77 | €2k | €2k | €11k | €10k | €5k | ▼ 50.9% |
| Profit (loss) for the period9904 | €-6k | €-3k | €20k | €17k | €1k | ▼ 92.3% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-3k | €20k | €17k | €1k | ▼ 92.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €229k | €210k | €215k | €225k | €210k | ▼ 7.0% |
| Fixed assets21/28 | €195k | €179k | €153k | €128k | €117k | ▼ 8.9% |
| Tangible fixed assets22/27 | €195k | €179k | €153k | €128k | €117k | ▼ 8.9% |
| Land and buildings22 | - | €115k | €102k | €89k | €75k | ▼ 14.9% |
| Plant, machinery and equipment23 | - | €6k | €4k | €2k | €3k | ▲ 51.0% |
| Furniture and vehicles24 | - | €4k | €2k | €388 | €9k | ▲ 2,338% |
| Other tangible fixed assets26 | - | €54k | €45k | €37k | €29k | ▼ 22.2% |
| Current assets29/58 | €34k | €31k | €61k | €97k | €93k | ▼ 4.4% |
| Stocks and contracts in progress3 | - | €5 | - | - | - | - |
| Stocks30/36 | - | €5 | - | - | - | - |
| Amounts receivable within one year40/41 | €11k | €10k | €18k | €14k | €12k | ▼ 16.3% |
| Trade receivables40 | - | €10k | €17k | €14k | €9k | ▼ 37.0% |
| Other amounts receivable41 | - | - | €1k | - | €3k | - |
| Current investments50/53 | - | - | - | €25k | €50k | ▲ 100% |
| Cash at bank and in hand54/58 | €17k | €15k | €42k | €57k | €31k | ▼ 45.9% |
| Deferred charges and accrued income490/1 | - | €6k | €1k | €1k | €694 | ▼ 52.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €229k | €210k | €215k | €225k | €210k | ▼ 7.0% |
| Equity10/15 | €62k | €58k | €78k | €94k | €94k | ▲ 0.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €48k | €48k | €59k | €75k | €76k | ▲ 0.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €47k | €57k | €75k | €76k | ▲ 0.6% |
| Profit (loss) carried forward14 | €-5k | €-9k | - | - | - | - |
| Amounts payable17/49 | €167k | €151k | €137k | €132k | €116k | ▼ 12.2% |
| Amounts payable after more than one year17 | €55k | €47k | €40k | €32k | €24k | ▼ 25.5% |
| Financial debts170/4 | - | €47k | €40k | €32k | €24k | ▼ 25.5% |
| Amounts payable within one year42/48 | €112k | €104k | €97k | €100k | €92k | ▼ 8.0% |
| Current portion of amounts payable after more than one year42 | - | €8k | €8k | €8k | €8k | ▲ 1.6% |
| Trade debts44 | €9k | €7k | €6k | €8k | €7k | ▼ 20.7% |
| Suppliers440/4 | - | €7k | €6k | €8k | €7k | ▼ 20.7% |
| Taxes, remuneration and social security45 | - | €4k | €5k | €8k | €6k | ▼ 28.5% |
| Taxes450/3 | - | €4k | €5k | €8k | €6k | ▼ 28.5% |
| Other amounts payable47/48 | - | €85k | €78k | €75k | €71k | ▼ 5.3% |
| Accrued charges and deferred income492/3 | - | - | €362 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-3k | €20k | €17k | €1k | ▼ 92.3% |
| + Depreciation and write-downs630 | €25k | €25k | €25k | €25k | €24k | ▼ 6.1% |
| Operating cash flow (approximation) | €19k | €21k | €46k | €42k | €25k | ▼ 40.1% |
| Investment in fixed assets (approximation) | - | €-8k | €0 | €0 | €-12k | - |
| Change in cash | - | €-2k | €27k | €15k | €-26k | ▼ 271% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Merelbeke-Melle · 1 establishment unit since 2008
Ground area
1,333 m²
Building footprint
223 m²
Volume, LiDAR
1,041 m³
Parcel 44402A0476/00B005, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ProMaRES
since 20082.171.897.702
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44402A0476/00B005 | Flanders | 1,333 m² | 1 · 223 m² | 6.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,756 companies in sector 68310 we hold annual accounts for 6,904. 5,174 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.