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PROMOCAR - DEVELOPPEMENT

Active
Private limited companyfounded 1990active for 35 yearsRue Charles Moisse 5, 1332 Rixensart, BelgiumKBO/BCE: BE 0442.827.467
Summary

PROMOCAR - DEVELOPPEMENT has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€165,424) and a net result of €17,808. Equity has been growing by about 3.6% per year since 2018. Its solvency ranks better than 5% of 22,773 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 15-12-1990 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 3 others
Joint committee
112 Paritair Comité voor het garagebedrijf · annual accounts 2025
Establishment unit
2.051.062.327 1435 Mont-Saint-Guibert, since 09-05-1996
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€25,406
▲ 328%
Turnover
≈ €190,000
estimated
Profit
€17,808
Equity
-€165,424
▲ 9.7%
Total assets
€11,185
▼ 16.9%
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equitySector: Retail trade (NACE 47)Negative equity -€165,424lowers riskSize: total assets €11,185Founded in 1990Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 41% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -1479.0% of total assets
Liquidity 1-1
short-term debt 1579.0% · cash 1.1%
Profitability 100+50
return on assets 159.2%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 2.3% 01-2025: 2.2%▼ -0.1 percentage points vs 12-2024 02-2025: 2.3%▲ +0.1 percentage points vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.3%● unchanged vs 03-2025 05-2025: 2.3%● unchanged vs 04-2025 06-2025: 2.3%● unchanged vs 05-2025 07-2025: 2.6%▲ +0.3 percentage points vs 06-2025 08-2025: 3.1%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 1.6%▼ -1.5 percentage points vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.8%▲ +0.2 percentage points vs 06-2026 08-2026: 0.6%▼ -1.2 percentage points vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.04 (0.01 in 2024), below 1. Cash is 1.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 4% on liquidity, 96% on profitability and 60% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €11,185
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity -€165,424
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 22773 sector peers (2025).
NBB · sector comparison
Position among 22773 sector peers
Solvency
better than 5%
← weakest strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
29 days late
2023
26 days late
2022
31 days late
2021
17 days late
2020
10 days late
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€165,424 View
  • Caution: Lower solvency than 95% of companies in retail tradesector median 33.2% · 22,773 companies -1479.0% View

Recent changes

  1. · Gazette deed Change of role: NICOLAÏ Gérard Christian Emile, from manager to director
  2. · Gazette deed Registered office moved from Rixensart to Genval
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as PROMOCAR - DEVELOPPEMENT: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €9,830 and €23,100, founded between 1985 and 2006.

CompanyTotal assetsGross margin
PROMOCAR - DEVELOPPEMENT Rixensart€11,185€25,406
SELECT CAR Lasne€17,365€8,821
BAD Anderlecht€23,119€33,856
AUTO RANI Jette€18,687€11,056
T.B. CARS Evere€9,829€26,122
Magic Tools Sint-Lambrechts-Woluwe€15,591€8,899
ARGO - CAR Anderlecht€17,007€8,897
Full comparison

Key facts about PROMOCAR - DEVELOPPEMENT

What is the company number of PROMOCAR - DEVELOPPEMENT?
The company number of PROMOCAR - DEVELOPPEMENT is 0442.827.467. The VAT number is the same number with BE in front: BE 0442.827.467.
Where is PROMOCAR - DEVELOPPEMENT based?
The registered office is at Rue Charles Moisse 5, 1332 Rixensart.Company details
What does PROMOCAR - DEVELOPPEMENT do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of PROMOCAR - DEVELOPPEMENT?
The legal form of PROMOCAR - DEVELOPPEMENT is Private limited company (BV).
When was PROMOCAR - DEVELOPPEMENT founded?
PROMOCAR - DEVELOPPEMENT was founded on 15-12-1990.
Is PROMOCAR - DEVELOPPEMENT still active?
Yes, PROMOCAR - DEVELOPPEMENT is an active enterprise in the KBO register.
How many employees does PROMOCAR - DEVELOPPEMENT have?
PROMOCAR - DEVELOPPEMENT had an average of 1.3 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
Which joint committee does PROMOCAR - DEVELOPPEMENT fall under?
In its 2025 annual accounts, PROMOCAR - DEVELOPPEMENT states joint committee 112 (Paritair Comité voor het garagebedrijf).
What is the turnover of PROMOCAR - DEVELOPPEMENT?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €25,406 and 36 comparable companies (NACE 47811). It probably lies between €83,000 and €590,000.
Is PROMOCAR - DEVELOPPEMENT profitable?
In financial year 2025, PROMOCAR - DEVELOPPEMENT made a profit of €17,808.
Where can I find the annual accounts of PROMOCAR - DEVELOPPEMENT?
PROMOCAR - DEVELOPPEMENT filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROMOCAR - DEVELOPPEMENT due?
PROMOCAR - DEVELOPPEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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