PROMO-CONNECT
ActivePROMO-CONNECT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €429k and a net result of €101k. Equity is growing by ~45% per year across the filed fiscal years. Its solvency ranks better than 59% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -3 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency87▲+10
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.25 against 1.98 in 2023), but 57.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
62 d late
2023
110 d late
2022
70 d late
2021
96 d late
2020
184 d late
2019
56 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€101k▼ 23.4%
2023 · €132k
2018: €3k
2019: €655
2020: €23k
2021: €77k
2022: €26k
2023: €132k
2018 → 2024
Working capital
€535k▲ 17.6%
2023 · €455k
2018: €169k
2019: €157k
2020: €171k
2021: €262k
2022: €287k
2023: €455k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€79k-€171k▲ 116%€197k▲ 15.2%€329k▲ 66.8%€429k▲ 30.6%
Operating result€58k-€124k▲ 112%€52k▼ 58.2%€197k▲ 280%€164k▼ 16.8%
Net result€23k-€77k▲ 240%€26k▼ 66.1%€132k▲ 405%€101k▼ 23.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.00M
Fixed assets
€38k▲ 82.9%
Current assets
€963k▲ 4.8%
Equity and liabilities €1.00M
Equity
€429k▲ 30.6%
Debt
€572k▼ 6.4%
The debt ratio falls from 65.0% to 57.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€167k▼
2023 · €198k
Cash flow
€104k▼
2023 · €132k
Solvency
42.9%▲
2023 · 35.0%
Current ratio
2.25▲
2023 · 1.98
Quick ratio
1.25▲
2023 · 0.75
Debt / equity
1.33▼
2023 · 1.86
ROE
23.5%▼
2023 · 40.0%
ROA
10.1%▼
2023 · 14.0%
Interest coverage
14.47▼
2023 · 15.91
Debt
€572k▼
2023 · €611k
Debt ≤ 1 year
€427k▼
2023 · €463k
Debt > 1 year
€144k▼
2023 · €148k
Income taxes
€51k▼
2023 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€939k€1.00M▲
Fixed assets21/28€21k€38k▲
Tangible fixed assets22/27€11k€28k▲
Plant, machinery and equipment23€11k€9k▼
Furniture and vehicles24€30€17k▲
Other tangible fixed assets26-€3k
Financial fixed assets28€10k€10k=
Current assets29/58€918k€963k▲
Stocks and contracts in progress3€571k€427k▼
Stocks30/36€571k€427k▼
Amounts receivable within one year40/41€329k€385k▲
Trade receivables40€307k€304k▼
Other amounts receivable41€22k€80k▲
Cash at bank and in hand54/58€16k€150k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€939k€1.00M▲
Equity10/15€329k€429k▲
Contributions10/11€19k€19k=
Reserves13€310k€411k▲
Distributable reserves133€310k€411k▲
Amounts payable17/49€611k€572k▼
Amounts payable after more than one year17€148k€144k▼
Financial debts170/4€148k€144k▼
Amounts payable within one year42/48€463k€427k▼
Current portion of amounts payable after more than one year42€16k€22k▲
Trade debts44€132k€66k▼
Suppliers440/4€132k€66k▼
Taxes, remuneration and social security45€106k€172k▲
Taxes450/3€88k€160k▲
Remuneration and social security454/9€18k€11k▼
Other amounts payable47/48€209k€169k▼
Income statement
Code20232024
Non-recurring operating income76A€4k€450▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€873€4k▲
Gross operating margin9900€198k€167k▼
Operating profit (loss)9901€197k€164k▼
Financial income75/76B€78€98▲
Recurring financial income75€78€98▲
Financial charges65/66B€12k€12k▼
Recurring financial charges65€12k€12k▼
Profit (loss) for the period before taxes9903€184k€152k▼
Income taxes67/77€53k€51k▼
Profit (loss) for the period9904€132k€101k▼
Profit (loss) for the period to be appropriated9905€132k€101k▼
Appropriation of the result
Profit (loss) to be appropriated9906€132k€101k▼
Transfer to equity691/2€132k€101k▼
To other reserves6921€132k€101k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 62 days late
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 110 days late
2023
31-12
Financial
Highest result since 2018net €132k ▲405%
Operating result €197k, net result €132k, both a record.
31-12
Financial
Equity above €200kEq €329k ▲66.8%
6 profitable years in a row build equity to €329k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 96 days late
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 184 days late
2021
31-12
Financial
Equity above €150kEq €171k ▲116%
4 profitable years in a row build equity to €171k.
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 56 days late
2019
31-12
Financial
Weakest financial yearnet €655 ▼79.9%
Net result drops to €655, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 68 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 421 days late
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 224 days late
2017
11-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 284 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Fosses-la-Ville · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Longs Champs 175070 Fosses-la-VilleGround area
1,964 m²
Building footprint
252 m²
Volume, LiDAR
632 m³
2 parcels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Promo Connect
since 20072.165.838.071
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92129E0435/00B000 | Wallonia | 1,126 m² | 1 · 156 m² | - |
| 92048E0537/00B008 | Wallonia | 838 m² | 1 · 96 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DEPRINCE
BE 0404.023.905
Lier · Eq €429k
Garage DELHEZ et Fils
BE 0423.740.936
Trooz · Eq €429k
CL Tyres
BE 0541.336.313
Genk · Eq €430k
V&M Cars
BE 1003.859.730
Oostkamp · Eq €430k
CALITYCARS
BE 0809.311.778
Braine-l'Alleud · Eq €430k
Of 10,618 companies in sector 47811 we hold annual accounts for 5,192. 3,506 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2007
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
47820Retail sale of motor vehicle parts and accessories
50302
71100
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.