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PROMOBUILD

Active
Public limited companyfounded 200620 yrs activeAarschotsesteenweg 200F, 2230 Herselt, BelgiumKBO/BCE: BE 0879.938.369
Summary

PROMOBUILD has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41.8m and a net result of €2.5m. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 73% of 2296 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Other business support services
NACE 82990NACE 74879
#1 company by total assets in Herselt, Administrative and support services sector1 site
Size
€59.3mtotal assets 2024
Staff
5.1 FTE
Equity
€41.8m
Profit
€2.5m
Turnover not published (abridged schema)
Financial health
65 Healthy Checked score 2024
Bankruptcy chance 12 m
1.1%
Structure
Parent
The FirMM · 98.21%
Holdings
8
Accounts 97 d overdue0 of 16 deeds read
Why 65- Figures for FY 2024 (filed 10-06-2025)- Liquidity: current ratio 0.90, cash €998, halved+ Size: 5.1 FTE, total assets €59.3m+ Sector Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 37% of its sector peers (NACE 82, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 96-3
equity 70.6% of total assets
Liquidity 38-2
short-term debt 29.3% · cash 0.0%
Profitability 33+1
return on assets 4.2%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,603 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%▲ +1.7% vs 12-2024 02-2025: 0.5%▲ +1.9% vs 01-2025 03-2025: 0.5%▲ +8.0% vs 02-2025 04-2025: 0.5%▲ +3.7% vs 03-2025 05-2025: 0.6%▲ +10.9% vs 04-2025 06-2025: 0.6%▲ +7.3% vs 05-2025 07-2025: 0.5%▼ -27.7% vs 06-2025 08-2025: 0.5%● 0.0% vs 07-2025 09-2025: 0.2%▼ -55.3% vs 08-2025lowest value 10-2025: 0.2%● 0.0% vs 09-2025lowest value 11-2025: 0.2%● 0.0% vs 10-2025lowest value 12-2025: 0.2%● 0.0% vs 11-2025lowest value 01-2026: 0.2%● 0.0% vs 12-2025lowest value 02-2026: 0.2%▲ +2.9% vs 01-2026 03-2026: 0.2%▲ +8.5% vs 02-2026 04-2026: 0.2%▲ +3.1% vs 03-2026 05-2026: 0.2%▲ +0.8% vs 04-2026 06-2026: 0.3%▲ +29.8% vs 05-2026 07-2026: 0.5%▲ +73.5% vs 06-2026 08-2026: 0.7%▲ +27.4% vs 07-2026 09-2026: 1.1%▲ +56.7% vs 08-2026 10-2026: 1.1%▲ +5.1% vs 09-2026highest value
  • Figures for FY 2024 (filed 10-06-2025) raises the probability
  • Liquidity: current ratio 0.90, cash €998, halved raises the probability
  • Size: 5.1 FTE, total assets €59.3m lowers the probability for this profile
  • Sector Office administrative, office support and other business support activities (NACE 82) lowers the probability
Credit up to €2,700,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.01 in 2023; short-term debt: 29.3% and cash: 0% of total assets), and 29.4% 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 82, micro). Better than this share of them on solvency 71%, liquidity 22%, profitability 20%, growth against the median 36%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 10-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.90, cash €998, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: 5.1 FTE, total assets €59.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Sector Office administrative, office support and other business support activities (NACE 82)
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 10-06-2025, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
20 d early
2023
25 d early
2022
21 d early
2021
28 d early
2020
29 d early
2019
26 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 25 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
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 2024 · abbreviated…
  2. Highest result since 2018net €2.5m ▲2,728%
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: Accounts not fileddeadline was 30-06-2026 97 d late View
  • Positive: Result rose in 2024from €87,953 to €2.5m ▲ 2,728% View
  • Positive: Company by total assets in Herselt, Administrative and…in the Checked rankings #1 View
  • Controlled by The FirMMultimately: Ares-D 98.21% View
  • Positive: 7 profitable years in a rowprofit 2024: €2.5m 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€59.3m
Profit
€2.5m
Solvency
70.6%
Total assets▲ 3.3%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 10-06-2025Annual accounts filed
  2. 30-11-2024Highest result since 2018
  3. 05-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other business support servicesNACE 82990
Founded
13-03-2006
Year ends
30-11
Peppol
Reachable for e-invoices
Go to Company details

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