PROMOGLIDE
ActiveSummary
PROMOGLIDE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-53k) and a net result of €-11k. Equity is shrinking by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 2318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability19▲+9
Solvency0▼-1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 132.5% and cash: 0.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-32.5%
Return on assets
-6.5%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-53k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
22 d late
2023
57 d late
2022
29 d late
2021
36 d late
2020
25 d late
2019
31 d late
← 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
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-11k▲ 14.1%
2024 · €-13k
2018: €-9k
2019: €50k▲ +643% vs 2018highest in 8 years
2020: €-211▼ -100% vs 2019
2021: €-6k▼ -2905% vs 2020
2022: €-13k▼ -101% vs 2021lowest in 8 years
2023: €-11k▲ +12.1% vs 2022
2024: €-13k▼ -11.9% vs 2023
2025: €-11k▲ +14.1% vs 2024
2018 → 2025
Working capital
€-217k=
2024 · €-218k
2018: €-178k
2019: €372▲ +100% vs 2018highest in 8 years
2020: €-18k▼ -4975% vs 2019
2021: €-213k▼ -1077% vs 2020
2022: €-215k▼ -0.9% vs 2021
2023: €-216k▼ -0.2% vs 2022
2024: €-218k▼ -0.8% vs 2023lowest in 8 years
2025: €-217k● +0.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-6k-€-19k▼ 206%€-30k▼ 59.1%€-43k▼ 41.6%€-53k▼ 25.2%
2021: €-6khighest in 5 years
2022: €-19k▼ -206% vs 2021
2023: €-30k▼ -59.1% vs 2022
2024: €-43k▼ -41.6% vs 2023
2025: €-53k▼ -25.2% vs 2024lowest in 5 years
Operating result€-6k-€-12k▼ 108%€-11k▲ 11.1%€-11k▼ 3.4%€-10k▲ 14.5%
2021: €-6khighest in 5 years
2022: €-12k▼ -108% vs 2021lowest in 5 years
2023: €-11k▲ +11.1% vs 2022
2024: €-11k▼ -3.4% vs 2023
2025: €-10k▲ +14.5% vs 2024
Net result€-6k-€-13k▼ 101%€-11k▲ 12.1%€-13k▼ 11.9%€-11k▲ 14.1%
2021: €-6khighest in 5 years
2022: €-13k▼ -101% vs 2021lowest in 5 years
2023: €-11k▲ +12.1% vs 2022
2024: €-13k▼ -11.9% vs 2023
2025: €-11k▲ +14.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €11k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€164k ▼ 6.2%
Current assets
€119 ▼ 81.3%
Key figures and ratios
EBITDA
€1k▲
2024 · €-583
Cash flow
€32▲
2024 · €-2k
Solvency
-32.5%▼
2024 · -24.3%
Current ratio
0.00▼
2024 · 0.00
Debt to equity
-4.08▲
2024 · -5.12
ROA
-6.5%▲
2024 · -7.1%
Interest coverage
1.03▲
2024 · -0.49
Debt
€218k▼
2024 · €218k
Debt ≤ 1 year
€218k▼
2024 · €218k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€176k€164k▼
Fixed assets21/28€175k€164k▼
Tangible fixed assets22/27€175k€164k▼
Furniture and vehicles24€175k€164k▼
Current assets29/58€637€119▼
Amounts receivable within one year40/41€419-
Other amounts receivable41€419-
Cash at bank and in hand54/58€218€119▼
Equity and liabilities
Total equity and liabilities10/49€176k€164k▼
Equity10/15€-43k€-53k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-61k€-72k▼
Amounts payable17/49€218k€218k▼
Amounts payable within one year42/48€218k€218k▼
Trade debts44€751€485▼
Suppliers440/4€751€485▼
Advances received on contracts in progress46€500-
Taxes, remuneration and social security45-€216
Taxes450/3-€216
Other amounts payable47/48€217k€217k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€387€400▲
Gross operating margin9900€-196€1k▲
Operating profit (loss)9901€-11k€-10k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-13k€-11k▲
Profit (loss) for the period9904€-13k€-11k▲
Profit (loss) for the period to be appropriated9905€-13k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-72k▼
Profit (loss) brought forward from the previous period14P€-49k€-61k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €11k | €11k | €11k | €11k | ▲ 0.4% |
| Other operating charges640/8 | €422 | €348 | €384 | €387 | €400 | ▲ 3.4% |
| Gross operating margin9900 | €3k | €-1k | €217 | €-196 | €1k | ▲ 864% |
| Operating profit (loss)9901 | €-6k | €-12k | €-11k | €-11k | €-10k | ▲ 14.5% |
| Financial charges65/66B | €440 | €422 | €239 | €1k | €1k | ▼ 10.4% |
| Recurring financial charges65 | €440 | €422 | €239 | €1k | €1k | ▼ 10.4% |
| Profit (loss) for the period before taxes9903 | €-6k | €-13k | €-11k | €-13k | €-11k | ▲ 14.1% |
| Profit (loss) for the period9904 | €-6k | €-13k | €-11k | €-13k | €-11k | ▲ 14.1% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-13k | €-11k | €-13k | €-11k | ▲ 14.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €210k | €197k | €187k | €176k | €164k | ▼ 6.4% |
| Fixed assets21/28 | €207k | €196k | €186k | €175k | €164k | ▼ 6.2% |
| Tangible fixed assets22/27 | €207k | €196k | €186k | €175k | €164k | ▼ 6.2% |
| Furniture and vehicles24 | €207k | €196k | €186k | €175k | €164k | ▼ 6.2% |
| Current assets29/58 | €3k | €665 | €1k | €637 | €119 | ▼ 81.3% |
| Amounts receivable within one year40/41 | €156 | €116 | €419 | €419 | - | - |
| Other amounts receivable41 | €156 | €116 | €419 | €419 | - | - |
| Cash at bank and in hand54/58 | €2k | €549 | €740 | €218 | €119 | ▼ 45.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €210k | €197k | €187k | €176k | €164k | ▼ 6.4% |
| Equity10/15 | €-6k | €-19k | €-30k | €-43k | €-53k | ▼ 25.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Profit (loss) carried forward14 | €-25k | €-38k | €-49k | €-61k | €-72k | ▼ 17.6% |
| Amounts payable17/49 | €216k | €216k | €217k | €218k | €218k | ▼ 0.3% |
| Amounts payable within one year42/48 | €216k | €216k | €217k | €218k | €218k | ▼ 0.3% |
| Trade debts44 | €395 | - | - | €751 | €485 | ▼ 35.4% |
| Suppliers440/4 | €395 | - | - | €751 | €485 | ▼ 35.4% |
| Advances received on contracts in progress46 | - | - | - | €500 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €216 | - |
| Taxes450/3 | - | - | - | - | €216 | - |
| Other amounts payable47/48 | €216k | €216k | €217k | €217k | €217k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-13k | €-11k | €-13k | €-11k | ▲ 14.1% |
| + Depreciation and write-downs630 | €8k | €11k | €11k | €11k | €11k | ▲ 0.4% |
| Operating cash flow (approximation) | €2k | €-2k | €-406 | €-2k | €32 | ▲ 102% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-2k | €191 | €-522 | €-99 | ▲ 81.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
31-12
Financial
Liquidity times 201current ratio 1.02
Current ratio from 0.01 to 1.02; short-term debt falls from €179k to €17k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Waterloo · 1 establishment unit since 2005
Ground area
1,175 m²
Building footprint
167 m²
Volume, LiDAR
1,984 m³
2 parcels, Brussels, Wallonia · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PROMOGLIDE
since 20052.145.771.246
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110S0382/00D003 | Wallonia | 1,073 m² | 1 · 69 m² | 8.4 m · 2 fl. |
| 21445C0229/02T005 | Brussels | 101 m² | 1 · 98 m² | 19.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,396 companies in sector 93121 we hold annual accounts for 151. 5 are within a factor 10 of this equity. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2005
Fiscal year end31-12
Activities, NACEBEL 2025
93121Football clubs
46140Agents in the wholesale of industrial machinery, ships and aircraft
51100Air transport
82990Other business support services
77350Rental and leasing activities
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.