PROMITECH
ActiveSummary
PROMITECH has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €534k and a net result of €47k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 1909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79=
Solvency100=
Growth69=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 11.94 against 5.91 in 2024; short-term debt: 2.3% and cash: 22.4% of total assets), and 2.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.3%
Return on assets
8.5%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
43 d early
2023
31 d early
2022
31 d late
2021
31 d late
2020
31 d late
2019
93 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€41k▲ 5.6%
2018 · €39k
EBIT margin
-10.0%▼ 16.8pp
2018 · 6.7%
Net result
€47k▲ 8.4%
2024 · €43k
Working capital
€135k▲ 48.3%
2024 · €91k
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
Line20212022202320242025
Turnover
Operating result€32k▲ 142%€38k▲ 18.2%€38k▼ 0.8%€59k▲ 56.6%€64k▲ 8.2%
Net result€24k▲ 165%€28k▲ 13.2%€27k▼ 0.5%€43k▲ 56.7%€47k▲ 8.4%
EBIT margin
Equity€390k▲ 0.9%€417k▲ 7.1%€445k▲ 6.6%€488k▲ 9.7%€534k▲ 9.6%
Total assets€397k▲ 1.5%€429k▲ 8.0%€479k▲ 11.8%€508k▲ 5.9%€549k▲ 8.1%
Debt€8k▲ 47.9%€12k▲ 54.9%€35k▲ 197%€20k▼ 41.9%€15k▼ 27.2%
Working capital€35k▲ 16.1%€37k▲ 5.7%€42k▲ 13.8%€91k▲ 116%€135k▲ 48.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €549k
Fixed assets
€401k ▲ 0.8%
Current assets
€148k ▲ 34.4%
Equity and liabilities €549k
Equity
€534k ▲ 9.6%
Debt
€15k ▼ 27.2%
Debt's share of the balance-sheet total falls from 4.0% to 2.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71k▲
2024 · €66k
Cash flow
€54k▲
2024 · €50k
Current ratio
11.94▲
2024 · 5.91
Debt to equity
0.03▼
2024 · 0.04
ROE
8.7%▼
2024 · 8.8%
ROA
8.5%▲
2024 · 8.5%
Interest coverage
388.97▼
2024 · 418.22
Debt ≤ 1 year
€12k▼
2024 · €19k
Debt > 1 year
€2k=
2024 · €2k
Income taxes
€18k▲
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | €5k | €7k | €7k | ▲ 2.6% |
| Other operating charges640/8 | €266 | €8k | €11k | €4k | €4k | ▲ 2.3% |
| Gross operating margin9900 | €34k | €49k | €53k | €71k | €76k | ▲ 7.3% |
| Operating profit (loss)9901 | €32k | €38k | €38k | €59k | €64k | ▲ 8.2% |
| Financial income75/76B | - | - | €2 | €59 | €344 | ▲ 480% |
| Recurring financial income75 | - | - | €2 | €59 | €344 | ▲ 480% |
| Financial charges65/66B | €235 | €161 | €133 | €159 | €184 | ▲ 15.7% |
| Recurring financial charges65 | €235 | €161 | €133 | €159 | €184 | ▲ 15.7% |
| Profit (loss) for the period before taxes9903 | €32k | €38k | €38k | €59k | €64k | ▲ 8.7% |
| Income taxes67/77 | €8k | €10k | €10k | €16k | €18k | ▲ 9.4% |
| Profit (loss) for the period9904 | €24k | €28k | €27k | €43k | €47k | ▲ 8.4% |
| Profit (loss) for the period to be appropriated9905 | €24k | €28k | €27k | €43k | €47k | ▲ 8.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €397k | €429k | €479k | €508k | €549k | ▲ 8.1% |
| Fixed assets21/28 | €355k | €380k | €406k | €398k | €401k | ▲ 0.8% |
| Tangible fixed assets22/27 | €354k | €380k | €405k | €398k | €401k | ▲ 0.8% |
| Land and buildings22 | €345k | €345k | €345k | €345k | €345k | = |
| Plant, machinery and equipment23 | - | €27k | €54k | €48k | €42k | ▼ 12.3% |
| Furniture and vehicles24 | - | - | - | - | €5k | - |
| Other tangible fixed assets26 | €9k | €8k | €6k | €5k | €9k | ▲ 80.0% |
| Financial fixed assets28 | €550 | €550 | €550 | €0 | - | - |
| Current assets29/58 | €43k | €49k | €74k | €110k | €148k | ▲ 34.4% |
| Amounts receivable within one year40/41 | €664 | €646 | €23k | €3k | €24k | ▲ 846% |
| Trade receivables40 | - | - | €20k | €102 | €24k | ▲ 22,924% |
| Other amounts receivable41 | €664 | €646 | €2k | €2k | €748 | ▼ 69.6% |
| Cash at bank and in hand54/58 | €36k | €47k | €51k | €107k | €123k | ▲ 14.7% |
| Deferred charges and accrued income490/1 | €6k | €1k | €0 | - | €351 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €397k | €429k | €479k | €508k | €549k | ▲ 8.1% |
| Equity10/15 | €390k | €417k | €445k | €488k | €534k | ▲ 9.6% |
| Contributions10/11 | €25k | €25k | €25k | €25k | €25k | = |
| Revaluation surpluses12 | €327k | €327k | €327k | €327k | €327k | = |
| Reserves13 | €21k | €48k | €75k | €118k | €165k | ▲ 39.3% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | €407 | €407 | €407 | €407 | €407 | = |
| Distributable reserves133 | €18k | €46k | €73k | €118k | €164k | ▲ 39.4% |
| Profit (loss) carried forward14 | €17k | €17k | €18k | €18k | €18k | ▲ 0.5% |
| Amounts payable17/49 | €8k | €12k | €35k | €20k | €15k | ▼ 27.2% |
| Amounts payable after more than one year17 | - | - | - | €2k | €2k | = |
| Other amounts payable178/9 | - | - | - | €2k | €2k | = |
| Amounts payable within one year42/48 | €8k | €12k | €31k | €19k | €12k | ▼ 33.5% |
| Trade debts44 | €1k | €2k | €25k | €5k | €3k | ▼ 40.8% |
| Suppliers440/4 | €1k | €2k | €25k | €5k | €3k | ▼ 40.8% |
| Taxes, remuneration and social security45 | €6k | €9k | €6k | €11k | €10k | ▼ 13.5% |
| Taxes450/3 | €3k | €6k | €3k | €8k | €10k | ▲ 23.5% |
| Remuneration and social security454/9 | €3k | €3k | €3k | €3k | €0 | ▼ 100% |
| Other amounts payable47/48 | €641 | €613 | €613 | €3k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €3k | €0 | €760 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €28k | €27k | €43k | €47k | ▲ 8.4% |
| + Depreciation and write-downs630 | €1k | €3k | €5k | €7k | €7k | ▲ 2.6% |
| Operating cash flow (approximation) | €26k | €30k | €32k | €50k | €54k | ▲ 7.6% |
| Investment in fixed assets (approximation) | - | €-28k | €-30k | €550 | €-11k | ▼ 2,030% |
| Change in cash | - | €11k | €4k | €56k | €16k | ▼ 71.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €47k ▲8.4%
Operating result €64k, net result €47k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 11.94
Current ratio from 5.91 to 11.94; short-term debt falls from €19k to €12k.
31-12
Financial
Equity above €500kEq €534k ▲9.6%
6 profitable years in a row build equity to €534k.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 5.91
Current ratio from 2.34 to 5.91; short-term debt falls from €31k to €19k.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 6.96
Current ratio from 1.32 to 6.96; short-term debt falls from €53k to €5k.
Show earlier events
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €377k ▲260%
Equity rises from €105k to €377k.
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Wavre · 1 establishment unit since 1988
Ground area
3,389 m²
Building footprint
305 m²
Volume, LiDAR
2,615 m³
Parcel 25006A0231/00F000, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
SPRL PROMITECH
since 19882.038.807.564
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006A0231/00F000 | Wallonia | 3,389 m² | 1 · 305 m² | 10.9 m · 3 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 3,464 companies in sector 25530 we hold annual accounts for 1,655. 1,278 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
Founded20-04-1988
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
Scores and ratios are computed by Checked and are not a credit decision.