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PROMASTER CONSTRUCT

Active Private limited companyfounded 2019active for 7 yearsKwadensteenweg 48, 3800 Sint-TruidenKBO/BCE: BE 0736.477.943

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €37,116 (2024)
€13,964▼ 62.4%
lowest -€1,217 (2025)
-€1,217▼ €16,253
peak €49,456 (2024)
€48,239▼ 2.5%
€11,025▼ 45.3%
Board2 names since 2019
2 directorsBAYSSAEV,Said Zayni Letchievitch and 1 other
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €37,116 to €13,964Loss of €1,217Debts from €20,145 to €11,025Cash from €24,801 to €16,604

Key points

from the 2025 annual accounts

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Filings

6 annual accounts 5 late
AprilJune31 JulyOctober202020222024

The 2023 accounts came latest: 153 days after the end of the period.

Position in the sector

81.4%

Higher solvency than 86% of companies in specialised construction. Sector median 46.7% · 35,125 companies.

Checked score

70
Healthy
Financially stronger than 58% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.1% 01-2025: 3.4%▼ -0.7 percentage points vs 12-2024 02-2025: 3.2%▼ -0.2 percentage points vs 01-2025 03-2025: 3.3%▲ +0.1 percentage points vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025 05-2025: 3.3%● unchanged vs 04-2025 06-2025: 3.2%▼ -0.1 percentage points vs 05-2025 07-2025: 3.2%● unchanged vs 06-2025 08-2025: 3.7%▲ +0.5 percentage points vs 07-2025 09-2025: 3.8%▲ +0.1 percentage points vs 08-2025 10-2025: 5.2%▲ +1.4 percentage points vs 09-2025 11-2025: 5.3%▲ +0.1 percentage points vs 10-2025 12-2025: 6.3%▲ +1.0 percentage point vs 11-2025highest value 01-2026: 1.3%▼ -5.0 percentage points vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.6 percentage points vs 07-2026 09-2026: 0.7%▼ -1.1 percentage points vs 08-2026lowest value 10-2026: 0.7%● unchanged vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+4equity 81.4% of total assets
80-6short-term debt 18.6% · cash 28.0%
66-30return on assets -2.1%

Score breakdown

raises risk
Last filed accounts filed 25 days late; 2 of the last 3 accounts late
Size: total assets €59,264
lowers risk
Liquidity: current ratio 4.48, cash €16,604
Equity €48,239 (81.4% of total assets)
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 43, micro). It does better than 90% of them on solvency, 78% on liquidity, 32% on profitability and 31% on growth.

The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 3,440 companies had the same profile as PROMASTER CONSTRUCT has now. Each dot stands for 9 companies, two years later.

90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of PROMASTER CONSTRUCT itself: 0.7% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,440 companies, not a prediction for PROMASTER CONSTRUCT. 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 €3,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.48 (3.18 in 2024), above the usual 1.5. Short-term debt is 18.6% and cash 28% of total assets. 18.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.48, cash €16,604
NBB · annual accounts
raises risk · Last filed accounts filed 25 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €59,264
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €48,239 (81.4% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
25 days late
2024
153 days late
2023
153 days late
2022
31 days late
2021
31 days late
2020
72 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 54 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · 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 31 August (4 of the last 5 accounts filed within 122 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • BAYSSAEV,Said Zayni Letchievitch 50 sharesdeed of 18-10-2019
  • KADYROV,Shamil Salmanovitch 50 sharesdeed of 18-10-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0736477943
Incorporation Founding capital of €2,000, 100 shares · Founders: BAYSSAEV, Said Zayni Letchievitch; KADYROV, Shamil Salmanovitch · Appointments: BAYSSAEV, Said Zayni Letchievitch (director) and KADYROV, Shamil Salmanovitch (director) · published on 18-10-2019 · Gazette deed
First establishment Kwadensteenweg 48, Sint-Truiden
All 11 events

Comparable companies

same main activity, similar in size and age
Company
PROMASTER CONSTRUCT Sint-Truiden €59,264 €13,964 81.4% -
Picco & Bello Renov Dilbeek €57,077 €13,567 77.5% -
Dakwash Diest €60,421 €14,712 37.5% -
GERT POLLING Wellen €71,813 €12,616 65.7% -
DAKBEST Beringen €57,556 €10,387 26.6% -
Martens Daktechniek Bocholt €47,169 €16,258 89.2% -
KBE-Construct Tongeren-Borgloon €70,981 €17,685 63.8% -

These companies have the same main activity as PROMASTER CONSTRUCT: roofing work (NACE 43410). They are comparable in size and age: total assets between €47,200 and €71,800, founded between 2018 and 2021.

Official details

Source: KBO
Status
Active since 16-10-2019Normal situation
Activity
Roofing workNACE 43410
Establishment unit
2.294.621.9043800 Sint-Truiden, since 16-10-2019
Financial year end
31 December
Peppol
Reachable since 27-01-2026
Company details

Annual accounts 2025

€13,964▼ 62.4%
€1,217
€48,239▼ 2.5%
€59,264▼ 14.9%
Filing
Filed on 25-08-2026
Financials

Insights on PROMASTER CONSTRUCT

PROMASTER CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €32,998 in 2020 to €13,964 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 25-08-2026, 25 days late
€13,964
▼ 62.4%
€256
▼ 98.8%
-€1,217
▼ €16,253
€38,317
▲ 4.3%
81.4%
▲ 10.3 percentage points
4.48
▲ 1.30

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €160,000. Estimated: probably between €94,000 and €270,000.

Balance sheet

balance sheet total €59,264 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

81.4%

Higher than 87% of 35,125 companies in 2025.

4.48

Higher than 82% of 34,499 companies in 2025.

-2.1%

Higher than 19% of 34,700 companies in 2025.

PROMASTER CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 59,26469,60158,56956,15161,27636,454
21/28 9,92216,00417,62625,22729,55315,535
21 ----0-
22/27 8,92215,00416,62624,22728,55314,535
22 -432863---
23 3,0105,9182,7093,2972,2132,131
24 5,9118,65413,05320,93026,34012,404
28 1,0001,0001,0001,0001,0001,000
29/58 49,34353,59740,94330,92531,72420,920
40/41 31,59727,65537,71018,07216,9278,804
40 5,397-18,64412,56110,7951,586
41 26,20027,65519,0675,5106,1327,219
54/58 16,60424,8013,23312,85310,60612,115
490/1 1,1411,141--4,190-
Balance sheet: equity and liabilities
10/49 59,26469,60158,56956,15161,27636,454
10/15 48,23949,45634,42030,91919,98021,073
10/11 2,0002,0002,0002,0002,0002,000
11 -----2,000
1109/19 -----2,000
13 47,45647,45632,42028,91919,07319,073
133 47,45647,45632,42028,91919,07319,073
14 -1,217----1,093-
17/49 11,02520,14524,14925,23241,29615,382
17 -3,2858,83214,27319,611-
170/4 -3,2858,83214,27319,611-
42/48 11,02516,86015,31710,95921,68515,382
42 3,2865,5475,4415,3385,237-
44 4,4854232,1231,0301,7631,203
440/4 4,4854232,1231,0301,7631,203
45 3,25410,8907,7544,59112,57612,078
450/3 3,2547,4902,5544,5918,5768,078
454/9 -3,4005,200-4,0004,000
47/48 ----2,1102,100
Income statement
76A ----37-
9900 13,96437,11616,37826,9499,29532,998
630 9,6899,15310,57410,0146,7195,034
640/8 4,0196,7831,2801,4669101,500
66A ----2,026-
9901 25621,1804,52415,469-36026,464
75/76B 952436877180
75 952436877180
65/66B 34843755662235065
65 34843755662235065
9903 320,9864,03614,924-70926,480
67/77 1,2205,9505353,9853847,407
9904 -1,21715,0363,50110,939-1,09319,073
9905 -1,21715,0363,50110,939-1,09319,073
Appropriation of the result
9906 -1,21715,0363,5019,846-1,09319,073
14P ----1,093--
691/2 -15,0363,5019,846-19,073
6921 -15,0363,5019,846-19,073
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 25-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00481303.

Financial year Type Filed Reference Document
31-12-2025 micro format 25-08-2026 2026-00481303 PDF
31-12-2024 micro format 31-12-2025 2025-00592810 PDF
31-12-2023 micro format 31-12-2024 2024-00627899 PDF
31-12-2022 micro format 31-08-2023 2023-00387097 PDF
31-12-2021 micro format 31-08-2022 2022-20371771 PDF
31-12-2020 micro format 20-05-2021 2021-14500534 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
9,94630,33315,09825,4836,35931,498
8,47324,18914,07520,9535,62624,106
3,6077,5322,9735,68824,31620,568
-8,19721,568-9,6202,247-1,509-
38,31736,73725,62619,96610,0385,538
81.4%71.1%58.8%55.1%32.6%57.8%
4.483.182.672.821.461.36
0.230.410.700.822.070.73
-2.5%30.4%10.2%35.4%-5.5%90.5%
-2.1%21.6%6.0%19.5%-1.8%52.3%
28.5969.4127.1640.9718.14-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€3,607€7,532€2,973€5,688€24,316
€9,689€9,153€10,574€10,014€6,719

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on PROMASTER CONSTRUCT

The operating result for 2025 is 99% lower than in 2024 and the lowest since 2021.

Debt's share of the balance-sheet total falls from 28.9% to 18.6%. Equity and debt are lower.

Board & ownership

Board

2 directors, since incorporation
Director
appointed by deed of 18-10-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 25-08-2026
Director
appointed by deed of 18-10-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 25-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 18-10-2019

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Board
Mandates as a list
  • BAYSSAEV,Said Zayni Letchievitch
    • Director, appointed by deed of 18-10-2019, still in office
  • KADYROV,Shamil Salmanovitch
    • Director, appointed by deed of 18-10-2019, still in office

See the board, name and registered office on a given date →

Control

This company
PROMASTER CONSTRUCT
Equity €48,239
Loss €1,217 in 2025

Capital

Contribution
€2,000
Shares
100
Contribution per share
€20
Equity per share
€482 in 2025
Source
deed of 18-10-2019

Articles of association

deed of 18-10-2019 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Helft overdrager,helft koper(s) naar evenredigheid aantal bij meerdere kopers,ook bij weigering erfgenaam/legataris, elke overdracht onder…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of May at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 18-10-2019 ↗

Network & group

No group

PROMASTER CONSTRUCT has no parent and no holdings in its annual accounts. PROMASTER CONSTRUCT shares no director with another company.

At the same address

Kwadensteenweg 48, 3800 Sint-Truiden · 1 other company
Bayssaev, Letchi (sole trader)
establishment since 19-10-2018
founded in 2026
0704.808.334

Timeline

Timeline

11 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 25 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0736477943
2025
Weakest financial year net -€1,217 The net result drops to -€1,217, the lowest from 2020 to 2025.
Annual accounts 2024 filed PDFmicro format · 153 days late
2024
Annual accounts 2023 filed PDFmicro format · 153 days late
2023
Annual accounts 2022 filed PDFmicro format · 31 days late
2022
Back to profit net €10,939 The net result is €10,939, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2020 filed PDFmicro format · 72 days before the deadline
2019
IncorporationFounding capital of €2,000, 100 shares · Founders: BAYSSAEV, Said Zayni Letchievitch; KADYROV, Shamil Salmanovitch · Appointments: BAYSSAEV, Said Zayni Letchievitch (director) and KADYROV, Shamil Salmanovitch (director) · published on 18-10-20197 points ▸

Open the deed in the Belgian Official Gazette

First establishment Kwadensteenweg 48, Sint-Truiden

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 16 October 2019, PROMASTER CONSTRUCT was incorporated as a private limited company by two natural persons, with a starting capital of €2,000.12 Today the board has 2 members.3 Total assets went from €36,454 in 2020 to €59,264 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-10-2019
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0736.477.943
VAT number
BE 0736.477.943
Peppol ID
0208:0736477943
Other Peppol ID
9925:BE0736477943
Legal form
Private limited company
Status
Active, normal situation
Founded
16-10-2019
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of May at 18:00
deed of 18-10-2019 (in Dutch)
Peppol
Reachable since 27-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
PROMASTER CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-10-2019 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 18-10-2019 (in Dutch)

Activities

NACEBEL 2025
43410 Roofing work main activity
Codes under NACEBEL 2008
43910 Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Plaatsing dakbedekking van ongeacht materiaal; Plaatsen van dakgoten en regenafvoerpijpen; Waterdicht maken terrassen en dakterrassen…”
13 activities
  1. Plaatsing dakbedekking van ongeacht materiaal
  2. Plaatsen van dakgoten en regenafvoerpijpen
  3. Waterdicht maken terrassen en dakterrassen
  4. Timmer- en schrijnwerken voor gebouwen
  5. Plaatsen van alle houten
  6. Wand- en vloerbekleding
  7. Plaatsen van wanden en plafonds in gipskarton
  8. Leggen parketvloeren
  9. Allerhande andere interieurwerken en dergelijke
  10. Het aanleggen,oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,aan-en verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen
  11. De aan-en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
  12. Dakwerken en interieurwerken
  13. Beheer van eigen roerend goederen en onroerend vermogen
deed of 18-10-2019 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kwadensteenweg 48 registered office 3800 Sint-Truiden 43211 General electrical installation work 16-10-2019 2.294.621.904

Buildings and parcels at the address

Ground area
567 m²
Buildings
146 m²
Volume, LiDAR
1,224 m³
Tallest building
11.2 m
Buildings to scale, each on its own parcel
146 m², 11.2 m 146 m², 11.2 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
71353E0454/00C004567 m² 1 · 146 m² 11.2 m · 3

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0736.477.943