Result
€37,570 €37,570
Back in profit in 2025, after a loss of €66,726 in 2024.
PROMOVER
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak of €278,482 in 2022
€118,685▲ 19.0%
lowest -€66,726 in 2024
€37,570▲ €104,296
peak of €1.7m in 2023
€1.7m▲ 2.3%
€1.0m▲ 122%
Board5 names since 2016
2 directors and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €99,701 to €118,685Profit of €37,570, after a lossDebts from €471,011 to €1.0mInvestments €633,336
Key points
from the 2025 annual accountsDebts
€1.0m ▲ 122%
Debts rose by €573,212 in 2025.
Investments
€633,955 6.9 times depreciation
Green is investment, beige is depreciation.
Liquidity
1.86 was 10.30 in 2024
Short-term debts rose from €45,882 to €289,926.
Filings
30 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€1.7m
More equity than 95% of companies in real estate. Sector median €86,453 · 19,850 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as PROMOVER has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,768 companies, not a prediction for PROMOVER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Zemst
Environmental permit granted
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Vilvoorde
Environmental permit refused
Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Vilvoorde
1 director resigning
Changes of role: (statutory director) and (statutory director) · Resignation: · Director discharge: · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROMOVER Vilvoorde | €2.9m | €118,685 | 59.2% | - |
| DECO Pajottegem | €2.6m | €143,329 | 25.5% | - |
| HRP Generation Overijse | €2.4m | €115,212 | 61.6% | - |
| SEBRO Beveren-Kruibeke-Zwijndrecht | €2.6m | €125,387 | 61.0% | - |
| FRANKRIJKLEI BEHEER Antwerp | €2.9m | €122,428 | 36.7% | - |
| FRIENA Woluwe-Saint-Lambert | €2.9m | €136,431 | 86.5% | - |
| FIMAB Ninove | €3.1m | €135,066 | 85.1% | - |
These companies have the same main activity as PROMOVER: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €2.4m and €3.1m, founded between 1992 and 1996.
Official details
Source: KBO- Status
- Active since 13-10-1995Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Establishment unit
- 2.073.825.9501800 Vilvoorde, since 08-11-1995
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on PROMOVER
PROMOVER files the micro format. That format states no turnover. The gross margin rose from -€2,773 in 2006 to €118,685 in 2025.
The balance sheet grew most in 2016 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PROMOVER
- What is the company number of PROMOVER?
- The company number of PROMOVER is 0456.265.234. The VAT number is the same number with BE in front: BE 0456.265.234.
- Where is PROMOVER based?
- The registered office is at Jan Blockxstraat 40, 1800 Vilvoorde.Company details
- What does PROMOVER do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of PROMOVER?
- PROMOVER is a private limited company (BV).
- When was PROMOVER founded?
- PROMOVER was founded on 13-10-1995.
- Is PROMOVER still active?
- Yes, PROMOVER is an active enterprise in the KBO register.
- What is the turnover of PROMOVER?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €118,685 and 31 comparable companies (NACE 68201). It probably lies between €130,000 and €230,000.Financials
- Is PROMOVER profitable?
- In financial year 2025, PROMOVER made a profit of €37,570.
- Where can I find the annual accounts of PROMOVER?
- PROMOVER filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROMOVER due?
- PROMOVER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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