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PROMENADE

Active
Private limited companyfounded 200620 yrs activeWaterloosesteenweg 702, 1180 Ukkel, BelgiumKBO/BCE: BE 0882.325.460
Summary

PROMENADE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €666,955 and a net result of €12,338. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 95% of 4473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
PROMENADEActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of footwear
NACE 47721Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716NACE 52431
2 sites
Size
€271,935turnover 2025
Staff
2 FTE
Equity
€666,955
Profit
€12,338
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Accounts 64 d early0 of 1 deed read
Why 96+ Liquidity: current ratio 9.89, cash €399,650+ Equity €666,955 (90.9% of total assets)+ Founded in 2006+ Figures for FY 2025 (filed 28-05-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 69% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 90.9% of total assets
Liquidity 100=
short-term debt 7.9% · cash 54.5%
Profitability 69-18
return on assets 1.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (39,898 companies)
Last 19 months 04-2025: 0.1% 05-2025: 0.1%▼ -8.1% vs 04-2025 06-2025: 0.1%▲ +29.1% vs 05-2025highest value 07-2025: < 0.1%▼ -52.0% vs 06-2025lowest value 08-2025: < 0.1%● 0.0% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%▲ +2.0% vs 01-2026 03-2026: 0.1%▲ +6.0% vs 02-2026 04-2026: 0.1%▲ +5.7% vs 03-2026 05-2026: 0.1%▼ -5.4% vs 04-2026 06-2026: 0.1%▲ +3.8% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Liquidity: current ratio 9.89, cash €399,650 lowers the probability
  • Equity €666,955 (90.9% of total assets) lowers the probability
  • Founded in 2006 lowers the probability for this profile
  • Figures for FY 2025 (filed 28-05-2026) lowers the probability
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 9.89 against 9.38 in 2024; short-term debt: 7.9% and cash: 54.5% of total assets), and 9.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 92%, liquidity 99%, profitability 48%, growth against the median 37%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 9.89, cash €399,650
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €666,955 (90.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2006
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 28-05-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €666,955
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 d early
2024
41 d early
2023
6 d early
2022
3 d early
2021
8 d late
2020
39 d late
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Highest result since 2018net €64,810 ▲156%

Key points

  • Caution: Result fell in 2025from €64,810 to €12,338 ▼ 81.0% View
  • Positive: Among the best 5% on solvencysector median 35.9% · 4,473 companies 90.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Turnover
€271,935
Profit
€12,338
Solvency
90.9%
Turnover▼ 8.4%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 28-05-2026Annual accounts filed
  2. 20-06-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of footwearNACE 47721
Founded
05-07-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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