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PROMOWEST

Active
Public limited companyfounded 197551 years activeRicksteenweg 38, 8750 Wingene, BelgiumKBO/BCE: BE 0415.331.630
Summary

PROMOWEST has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.6m and a net result of -€414,032. Equity is shrinking by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 5,669 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
#1 company by equity in Wingene, Real estate sector1 site
Size
€17.4mtotal assets 2025
Equity
€12.6m
Loss
-€414,032
Net result -808%: 12-month year
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
BREMHOVE · 32.76%
Auditor: DPO BedrijfsrevisorenAccounts 25 days early4 of 11 deeds read
Why 91- Liquidity: current ratio 0.14, cash €4,090, halved+ Size: total assets €17.4m+ Founded in 1975+ Figures for FY 2025 (filed 06-07-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 68, medium-sized)
Financial strength · tick = 2024
Average
Solvency 97+66
equity 72.3% of total assets
Liquidity 50=
short-term debt 3.5% · cash 0.0%
Profitability 19-9
return on assets -2.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,718 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €1,100,000 at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.11 in 2024; short-term debt: 3.5% and cash: 0% of total assets), and 27.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 83% on solvency, 49% on liquidity, 11% on profitability and 99% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.14, cash €4,090, halved
NBB · annual accounts
lowers risk · Size: total assets €17.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1975
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for FY 2025 (filed 06-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €12.6m
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
22 days early
2023
16 days late
2022
16 days early
2021
on the day
2020
1 day late
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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. Usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Capital & shares · RestructuringAppointment: DPO Bedrijfsrevisoren (company auditor)…
  3. RestructuringDemerger · Registered office clause…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€414,032 View
  • Positive: Equity rose in 2025capital increase ▲ 1,148% View
  • Caution: Among the weakest 8% on net resultsector median €21,361 · 5,675 companies -€414,032 View
  • Branch taken over from NIEUWBURGH PROJECTtakeover on 08-05-2026 2026 View
  • Active since 1975founded 27-08-1975 51 years View

By topic

Financials

Fiscal year
2025
Total assets
€17.4m
Loss
-€414,032
Solvency
72.3%
Total assets▲ 2.6%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2025Weakest financial year
  2. 31-12-2025Equity above €10m
  3. 29-12-2025Capital & shares
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
27-08-1975
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Purpose
Alle bedrijvigheid in verband met bebouwde of onbebouwde onroerende goederen en alle…
Go to Articles of association

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