PROMOVAL
ActiveSummary
The computed 12-month bankruptcy probability of PROMOVAL is 2.3% (moderate). The 2025 annual accounts show equity of €405,323 and a net result of -€126,158. Equity has been shrinking by about 7.7% per year since 2018. Its solvency ranks better than 84% of 5,801 sector peers (NACE 68, financial year 2025). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 22-10-1993 Normal situation
- Registered office
- 88 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Buying and selling of own real estate NACE 68110
- Establishment unit
- 2.064.311.537 9040 Gent, since 13-10-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2024
Board and ownership
- SCHAUWVLIEGHE,Paul Julien FransChair
- SCHAUWVLIEGHE,Tim Luc JoManaging director
- Schauwlieghe BertDirector · since 20-12-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.3%
- Gross margin
- -€102,375
- Loss
- €126,158
- ▲ 16×
- Equity
- €405,323
- ▼ 23.7%
- Total assets
- €473,425
- ▼ 66.7%
Score breakdownraises risk2 changes of registered office in 24 monthsLoss of €126,158, the second in a row (financial year 2025)lowers riskSize: total assets €473,425Equity €405,323 (85.6% of total assets)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 91% of them on solvency, 59% on liquidity, 4% on profitability and 19% on growth.
The bankruptcy probability was computed on 04-11-2026 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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Signals
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved from Sint-Amandsberg to GhentNew seat: Gaston Crommelaan 8, 9050 Gent · Previous seat: Zenobe Grammestraat 44, 9040 Sint-Amandsberg
- · Gazette deed Registered office moved from Zele to GhentNew seat: Zenobe Grammestraat 44, 9040 Gent · Previous seat: Lindestraat 13, 9240 Zele
- · Gazette deed Amendment of the articles · Resignations & appointmentsReappointments: SCHAUWVLIEGHE, Paul Julien Frans, SCHAUWVLIEGHE, Bert Emiel Frieda and SCHAUWVLIEGHE, Tim Luc Jo
Comparable companies
These companies have the same main activity as PROMOVAL: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €398,000 and €570,000, founded between 1990 and 1995.
| Company | Total assets | Gross margin |
|---|---|---|
| PROMOVAL Gent | €473,425 | -€102,375 |
| ENOXAN Lochristi | €498,707 | -€129,824 |
| CASA INTERNI Gent | €397,746 | -€9,588 |
| M.D. Plus Linter | €414,648 | -€114,769 |
| VERNIEUWEN Damme | €465,380 | -€28,504 |
| IMMO GILLIS Schilde | €569,761 | -€16,775 |
| JET SET IMPORT Trooz | €399,529 | -€3,336 |
Key facts about PROMOVAL
- What is the company number of PROMOVAL?
- The company number of PROMOVAL is 0451.204.210. The VAT number is the same number with BE in front: BE 0451.204.210.
- Where is PROMOVAL based?
- The registered office is at Gaston Crommenlaan 8, 9050 Gent.Company details
- What does PROMOVAL do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of PROMOVAL?
- The legal form of PROMOVAL is Public limited company (NV).
- When was PROMOVAL founded?
- PROMOVAL was founded on 22-10-1993.
- Is PROMOVAL still active?
- Yes, PROMOVAL is an active enterprise in the KBO register.
- What is the turnover of PROMOVAL?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is PROMOVAL profitable?
- In financial year 2025, PROMOVAL made a loss of €126,158.
- Where can I find the annual accounts of PROMOVAL?
- PROMOVAL filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROMOVAL due?
- PROMOVAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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