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PROMOBUILD

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Public limited companyfounded 2006active for 20 yearsAarschotsesteenweg 200F, 2230 Herselt, BelgiumKBO/BCE: BE 0879.938.369

Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 30 June 2026 The financial year closed on 30 November 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.

Annual accounts 2024 filed on 10-06-2025 PDF all 17 filings

Turnover
≈ €1.6m
Estimated: probably between €1.2m and €2.4m
Total assets
€59.3m▲ 3.3%
2023 · €57.3m
Net result
€2.5m▲ 28×
2023 · €87,953
Working capital
-€1.7m
2023 · €113,343
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result for 2024 is 9% lower than in 2023 and the lowest since 2020.

Operating result€0.5m 2024 Net result€2.5m 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€0.8m-€1.2m▲ 51.1%€0.7m▼ 39.7%€0.5m▼ 36.4%€0.5m▲ 4.7%€0.5m▲ 2.1%€0.5m▼ 9.5%
Net result€0.4m-€0.7m▲ 94.9%€0.4mabove the sector's middle half▼ 41.1%€0.3mabove the sector's middle half▼ 38.8%€0.2mabove the sector's middle half▼ 12.8%€0.09mwithin the sector's middle half▼ 60.9%€2.5mabove the sector's middle half▲ 28×
Equity€42.1m-€42.6m▲ 1.0%€42.7mabove the sector's middle half▲ 0.4%€42.8mabove the sector's middle half▲ 0.1%€43.0mabove the sector's middle half▲ 0.5%€42.4mabove the sector's middle half▼ 1.4%€41.8mabove the sector's middle half▼ 1.3%
Total assets€51.9m-€49.4m▼ 4.7%€46.8mabove the sector's middle half▼ 5.3%€52.1mabove the sector's middle half▲ 11.3%€58.1mabove the sector's middle half▲ 11.5%€57.3mabove the sector's middle half▼ 1.3%€59.3mabove the sector's middle half▲ 3.3%
Debt€9.7m-€6.9m▼ 29.1%€4.1m▼ 40.8%€9.3m▲ 129%€15.1m▲ 61.9%€14.9m▼ 1.0%€17.4m▲ 16.6%
Working capital€0.9m-€1.2m▲ 39.0%€1.4mabove the sector's middle half▲ 13.1%€0.6mabove the sector's middle half▼ 56.8%€0.8mabove the sector's middle half▲ 26.9%€0.1mwithin the sector's middle half▼ 85.1%-€1.7mbelow the sector's middle half
Solvency81.3%-86.1%▲ 4.8pp91.3%above the sector's middle half▲ 5.2pp82.1%above the sector's middle half▼ 9.2pp74.0%above the sector's middle half▼ 8.1pp74.0%above the sector's middle half▼ 0.1pp70.6%within the sector's middle half▼ 3.3pp
Current ratio1.09-1.18▲ 0.091.35within the sector's middle half▲ 0.171.07within the sector's middle half▼ 0.291.05within the sector's middle half▼ 0.021.01within the sector's middle half▼ 0.040.90within the sector's middle half▼ 0.11
Return on assets (ROA)0.7%-1.4%▲ 0.7pp0.9%within the sector's middle half▼ 0.5pp0.5%within the sector's middle half▼ 0.4pp0.4%within the sector's middle half▼ 0.1pp0.2%within the sector's middle half▼ 0.2pp4.2%within the sector's middle half▲ 4.0pp
Staff (FTE)4.3-4.3=4.3within the sector's middle half=4.3within the sector's middle half=4.9within the sector's middle half▲ 14.0%5.8within the sector's middle half▲ 18.4%5.1within the sector's middle half▼ 12.1%
above within below The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59.3m
Fixed assets €43.6m ▲ 2.8%
Current assets €15.7m ▲ 4.8%
Equity and liabilities €59.3m
Equity €41.8m ▼ 1.3%
Debt €17.4m ▲ 16.6%
Debt's share of the balance-sheet total rises from 26.0% to 29.4%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€499,726▼
2023 · €565,274
Cash flow
€2.5m▲
2023 · €153,459
Quick ratio
0.49▲
2023 · 0.46
Debt to equity
0.42▲
2023 · 0.35
ROE
5.9%▲
2023 · 0.2%
Interest coverage
1.12▼
2023 · 1.60
Debt ≤ 1 year
€17.4m▲
2023 · €14.8m
Debt > 1 year
€31,036▼
2023 · €94,786
Income taxes
€18,971▼
2023 · €58,475
Staff costs
€539,582▲
2023 · €508,491
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-11-202130-11-202230-11-202330-11-2024
Employees at the balance-sheet date5677
full-time3444
part-time2233
in full-time equivalents4.35.35.85.8
Average over the year, in full-time equivalents4.34.95.85.1
On a permanent contract5677
Joined-111
Left-002

Source: social balance sheet in the 2021 to 2024 annual accounts

Investments

fixed assets acquired
Item30-11-202130-11-202230-11-202330-11-2024
Tangible fixed assets€25,425€5,964€17,198-
Intangible fixed assets---€68,629
Financial fixed assets€1.1m€5,000-€1.3m
Depreciation and write-downs of the year€64,865€67,969€65,506€47,191

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · €972 awarded · €972 paid
Year Entries AwardedPaid
2023 1 €483€483
2022 1 €489€489
Schemes
2 entries · €972 · €972 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet Code20232024
Assets
Total assets20/58€57.3m€59.3m▲
Fixed assets21/28€42.4m€43.6m▲
Intangible fixed assets21-€0.07m
Tangible fixed assets22/27€0.7m€0.6m▼
Land and buildings22€0.7m€0.6m▼
Furniture and vehicles24€0.02m€0.001m▼
Financial fixed assets28€41.6m€42.9m▲
Current assets29/58€14.9m€15.7m▲
Amounts receivable after more than one year29€1.0m€1.5m▲
Other amounts receivable291€1.0m€1.5m▲
Stocks and contracts in progress3€8.1m€7.1m▼
Stocks30/36€8.1m€7.1m▼
Amounts receivable within one year40/41€5.1m€6.5m▲
Trade receivables40€4.4m€4.7m▲
Other amounts receivable41€0.7m€1.8m▲
Cash at bank and in hand54/58€0.09m€0.001m▼
Deferred charges and accrued income490/1€0.7m€0.5m▼
Equity and liabilities
Total equity and liabilities10/49€57.3m€59.3m▲
Equity10/15€42.4m€41.8m▼
Contributions10/11€40.1m€40.1m=
Capital10€40.1m€40.1m=
Issued capital100€40.1m€40.1m=
Reserves13€2.3m€1.7m▼
Non-distributable reserves130/1€1.7m€1.7m=
Legal reserve130€1.7m€1.7m=
Distributable reserves133€0.6m€0.02m▼
Amounts payable17/49€14.9m€17.4m▲
Amounts payable after more than one year17€0.09m€0.03m▼
Financial debts170/4€0.09m€0.03m▼
Amounts payable within one year42/48€14.8m€17.4m▲
Current portion of amounts payable after more than one year42€0.2m€0.06m▼
Financial debts43€7.6m€7.2m▼
Credit institutions430/8€7.6m€7.2m▼
Trade debts44€0.7m€0.9m▲
Suppliers440/4€0.7m€0.9m▲
Taxes, remuneration and social security45€0.2m€0.1m▼
Taxes450/3€0.06m€0.03m▼
Remuneration and social security454/9€0.09m€0.1m▲
Other amounts payable47/48€6.2m€9.1m▲
Income statement Code20232024
Remuneration, social security and pensions62€0.5m€0.5m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.07m€0.05m▼
Other operating charges640/8€0.02m€0.02m▼
Gross operating margin9900€1.1m€1.1m▼
Operating profit (loss)9901€0.5m€0.5m▼
Financial income75/76B€0€2.5m▲
Recurring financial income75€0€2.5m▲
Financial charges65/66B€0.4m€0.4m▲
Recurring financial charges65€0.4m€0.4m▲
Profit (loss) for the period before taxes9903€0.1m€2.5m▲
Income taxes67/77€0.06m€0.02m▼
Profit (loss) for the period9904€0.09m€2.5m▲
Profit (loss) for the period to be appropriated9905€0.09m€2.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€2.5m▲
Profit (loss) brought forward from the previous period14P€0.2m-
Transfer from equity791/2€0.4m€0.6m▲
Profit to be distributed694/7€0.7m€3.1m▲
Return on contributions (dividend)694€0.7m€3.1m▲
Social balance sheet
Average headcount (FTE)90875.85.1▼

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 10-06-2025.

Line2018201920202021202220232024Change
Remuneration, social security and pensions62---€0.4m€0.4m€0.5m€0.5m▲ 6.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.07m€0.07m€0.07m€0.06m€0.07m€0.07m€0.05m▼ 28.0%
Other operating charges640/8---€0.03m€0.03m€0.02m€0.02m▼ 20.5%
Gross operating margin9900€1.2m€1.6m€1.2m€0.9m€1.0m€1.1m€1.1m▼ 3.5%
Operating profit (loss)9901€0.8m€1.2m€0.7m€0.5m€0.5m€0.5m€0.5m▼ 9.5%
Financial income75/76B---€3€19€0€2.5m▲ 5,813,984×
Recurring financial income75€0.001m€180€16€3€19€0€2.5m▲ 5,813,984×
Financial charges65/66B---€0.08m€0.1m€0.4m€0.4m▲ 26.4%
Recurring financial charges65€0.2m€0.1m€0.09m€0.08m€0.1m€0.4m€0.4m▲ 26.4%
Profit (loss) for the period before taxes9903€0.6m€1.1m€0.6m€0.4m€0.3m€0.1m€2.5m▲ 17×
Income taxes67/77€0.2m€0.4m€0.2m€0.1m€0.1m€0.06m€0.02m▼ 67.6%
Profit (loss) for the period9904€0.4m€0.7m€0.4m€0.3m€0.2m€0.09m€2.5m▲ 28×
Profit (loss) for the period to be appropriated9905€0.4m€0.7m€0.4m€0.3m€0.2m€0.09m€2.5m▲ 28×
Line2018201920202021202220232024Change
Assets
Total assets20/58€51.9m€49.4m€46.8m€52.1m€58.1m€57.3m€59.3m▲ 3.3%
Fixed assets21/28€41.6m€41.5m€41.5m€42.5m€42.4m€42.4m€43.6m▲ 2.8%
Intangible fixed assets21------€0.07m-
Tangible fixed assets22/27€1.0m€0.9m€0.9m€0.9m€0.8m€0.7m€0.6m▼ 17.7%
Land and buildings22---€0.8m€0.8m€0.7m€0.6m▼ 15.5%
Furniture and vehicles24---€0.03m€0.02m€0.02m€0.001m▼ 95.1%
Financial fixed assets28€40.6m€40.6m€40.6m€41.6m€41.6m€41.6m€42.9m▲ 3.0%
Current assets29/58€10.3m€7.9m€5.3m€9.6m€15.7m€14.9m€15.7m▲ 4.8%
Amounts receivable after more than one year29-----€1.0m€1.5m▲ 50.0%
Other amounts receivable291-----€1.0m€1.5m▲ 50.0%
Stocks and contracts in progress3€8.5m€5.8m€2.0m€5.9m€10.8m€8.1m€7.1m▼ 12.0%
Stocks30/36---€5.9m€10.8m€8.1m€7.1m▼ 12.0%
Amounts receivable within one year40/41€1.6m€2.0m€3.3m€3.2m€4.2m€5.1m€6.5m▲ 27.9%
Trade receivables40---€2.6m€3.7m€4.4m€4.7m▲ 7.2%
Other amounts receivable41---€0.6m€0.5m€0.7m€1.8m▲ 161%
Cash at bank and in hand54/58€0.1m€0.1m€0.02m€0.001m€0.05m€0.09m€0.001m▼ 98.9%
Deferred charges and accrued income490/1---€0.5m€0.7m€0.7m€0.5m▼ 20.6%
Equity and liabilities
Total equity and liabilities10/49€51.9m€49.4m€46.8m€52.1m€58.1m€57.3m€59.3m▲ 3.3%
Equity10/15€42.1m€42.6m€42.7m€42.8m€43.0m€42.4m€41.8m▼ 1.3%
Contributions10/11€40.1m€40.1m€40.1m€40.1m€40.1m€40.1m€40.1m=
Capital10---€40.1m€40.1m€40.1m€40.1m=
Issued capital100---€40.1m€40.1m€40.1m€40.1m=
Reserves13€1.9m€2.0m€2.5m€2.6m€2.7m€2.3m€1.7m▼ 24.4%
Non-distributable reserves130/1---€1.7m€1.7m€1.7m€1.7m=
Legal reserve130---€1.7m€1.7m€1.7m€1.7m=
Distributable reserves133---€1.0m€1.0m€0.6m€0.02m▼ 96.3%
Profit (loss) carried forward14€0.2m€0.4m€0.2m€0.06m€0.2m---
Amounts payable17/49€9.7m€6.9m€4.1m€9.3m€15.1m€14.9m€17.4m▲ 16.6%
Amounts payable after more than one year17€0.3m€0.2m€0.1m€0.3m€0.2m€0.09m€0.03m▼ 67.3%
Financial debts170/4---€0.3m€0.2m€0.09m€0.03m▼ 67.3%
Amounts payable within one year42/48€9.4m€6.7m€3.9m€9.0m€14.9m€14.8m€17.4m▲ 17.2%
Current portion of amounts payable after more than one year42---€0.3m€0.2m€0.2m€0.06m▼ 66.4%
Financial debts43---€5.3m€9.7m€7.6m€7.2m▼ 4.8%
Credit institutions430/8---€5.3m€9.7m€7.6m€7.2m▼ 4.8%
Trade debts44€0.1m€0.09m€0.1m€0.4m€0.5m€0.7m€0.9m▲ 36.0%
Suppliers440/4---€0.4m€0.5m€0.7m€0.9m▲ 36.0%
Taxes, remuneration and social security45---€0.2m€0.4m€0.2m€0.1m▼ 16.4%
Taxes450/3---€0.1m€0.3m€0.06m€0.03m▼ 49.9%
Remuneration and social security454/9---€0.07m€0.08m€0.09m€0.1m▲ 4.6%
Other amounts payable47/48---€2.8m€4.1m€6.2m€9.1m▲ 45.0%
Line2018201920202021202220232024Change
Profit (loss) for the period9904€0.4m€0.7m€0.4m€0.3m€0.2m€0.09m€2.5m▲ 28×
+ Depreciation and write-downs630€0.07m€0.07m€0.07m€0.06m€0.07m€0.07m€0.05m▼ 28.0%
Operating cash flow (approximation)€0.4m€0.8m€0.5m€0.3m€0.3m€0.2m€2.5m▲ 17×
Investment in fixed assets (approximation)--€0.01m-€0.03m-€1.1m-€0.01m-€0.01m-€1.2m▼ 10,110%
Change in cash--€0.05m-€0.07m-€0.02m€0.05m€0.05m-€0.09m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference Document
30-11-2024 abbreviated format 10-06-2025 2025-00127588 PDF
30-11-2023 abbreviated format 05-06-2024 2024-00109728 PDF
30-11-2022 abbreviated format 09-06-2023 2023-00115824 PDF
30-11-2021 abbreviated format 02-06-2022 2022-20043215 PDF
30-11-2020 abbreviated format 01-06-2021 2021-16100161 PDF
30-11-2019 abbreviated format 04-06-2020 2020-14400023 PDF
30-11-2018 abbreviated format 03-06-2019 2019-15200319 PDF
30-11-2017 abbreviated format 19-06-2018 2018-19400446 PDF
30-11-2016 abbreviated format 09-06-2017 2017-15700243 PDF
30-11-2015 abbreviated format 16-06-2016 2016-17900015 PDF

Show all 17 filings

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