Promsaco
ActiveSummary
The computed 12-month bankruptcy probability of Promsaco is 2.1% (moderate). The 2025 annual accounts show equity of €59k and a net result of €77k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 837 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability58▲+22
Solvency34▼-5
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.16 in 2024; short-term debt: 87.3% and cash: 27.8% of total assets), and 91.3% of the assets are financed with debt.
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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.7%
Return on assets
11.3%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 837 sector peers (2025).
NBB · sector comparisonPosition among 837 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
44 d early
2024
45 d early
2023
43 d early
2022
47 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€77k▲ 71.3%
2024 · €45k
2022: €24klowest in 4 years
2023: €134k▲ +471% vs 2022highest in 4 years
2024: €45k▼ -66.7% vs 2023
2025: €77k▲ +71.3% vs 2024
2022 → 2025
Working capital
€41k▼ 82.6%
2024 · €238k
2022: €43k
2023: €108k▲ +154% vs 2022
2024: €238k▲ +120% vs 2023highest in 4 years
2025: €41k▼ -82.6% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€74k-€208k▲ 183%€253k▲ 21.5%€59k▼ 76.5%
2022: €74k
2023: €208k▲ +183% vs 2022
2024: €253k▲ +21.5% vs 2023highest in 4 years
2025: €59k▼ -76.5% vs 2024lowest in 4 years
Operating result€51k-€197k▲ 289%€150k▼ 23.8%€108k▼ 28.0%
2022: €51klowest in 4 years
2023: €197k▲ +289% vs 2022highest in 4 years
2024: €150k▼ -23.8% vs 2023
2025: €108k▼ -28.0% vs 2024
Net result€24k-€134k▲ 471%€45k▼ 66.7%€77k▲ 71.3%
2022: €24klowest in 4 years
2023: €134k▲ +471% vs 2022highest in 4 years
2024: €45k▼ -66.7% vs 2023
2025: €77k▲ +71.3% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €681k
Fixed assets
€45k ▲ 8.1%
Current assets
€636k ▼ 62.9%
Equity and liabilities €681k
Equity
€59k ▼ 76.5%
Debt
€621k ▼ 58.6%
Debt's share of the balance-sheet total rises from 85.6% to 91.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€119k▼
2024 · €160k
Cash flow
€87k▲
2024 · €54k
Current ratio
1.07▼
2024 · 1.16
Quick ratio
0.36▲
2024 · 0.27
Debt to equity
10.47▲
2024 · 5.94
ROE
129.1%▲
2024 · 17.7%
ROA
11.3%▲
2024 · 2.5%
Interest coverage
2.97▲
2024 · 1.70
Debt ≤ 1 year
€594k▼
2024 · €1.47M
Debt > 1 year
€27k=
2024 · €27k
Income taxes
€18k▲
2024 · €15k
Staff costs
€2k▼
2024 · €41k
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 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.75M€681k▼
Fixed assets21/28€42k€45k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€39k€44k▲
Land and buildings22€0-
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€2k€327▼
Leasing and similar rights25€34k€39k▲
Financial fixed assets28€548€185▼
Current assets29/58€1.71M€636k▼
Stocks and contracts in progress3€1.31M€419k▼
Stocks30/36€1.31M€419k▼
Amounts receivable within one year40/41€183k€19k▼
Trade receivables40€132k€0▼
Other amounts receivable41€51k€19k▼
Cash at bank and in hand54/58€200k€190k▼
Deferred charges and accrued income490/1€16k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.75M€681k▼
Equity10/15€253k€59k▼
Contributions10/11€50k€50k=
Reserves13€200k€5k▼
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€195k€0▼
Profit (loss) carried forward14€3k€4k▲
Amounts payable17/49€1.50M€621k▼
Amounts payable after more than one year17€27k€27k=
Financial debts170/4€27k€27k=
Amounts payable within one year42/48€1.47M€594k▼
Current portion of amounts payable after more than one year42€7k€11k▲
Financial debts43€1.02M€0▼
Credit institutions430/8€1.02M€0▼
Trade debts44€287k€112k▼
Suppliers440/4€287k€112k▼
Taxes, remuneration and social security45€160k€113k▼
Taxes450/3€158k€113k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€97€359k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€41k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€29k€643▼
Non-recurring operating charges66A€62k€2k▼
Gross operating margin9900€292k€123k▼
Operating profit (loss)9901€150k€108k▼
Financial income75/76B€4k€26k▲
Recurring financial income75€4k€26k▲
Financial charges65/66B€94k€40k▼
Recurring financial charges65€94k€40k▼
Profit (loss) for the period before taxes9903€60k€94k▲
Income taxes67/77€15k€18k▲
Profit (loss) for the period9904€45k€77k▲
Profit (loss) for the period to be appropriated9905€45k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€79k▲
Profit (loss) brought forward from the previous period14P€3k€3k▼
Transfer from equity791/2-€195k
Transfer to equity691/2€45k€0▼
To other reserves6921€45k€0▼
Profit to be distributed694/7-€270k
Return on contributions (dividend)694-€270k
Social balance
Average headcount (FTE)90871.00.0▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | - |
| Remuneration, social security and pensions62 | €52k | €45k | €41k | €2k | ▼ 95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €64k | €10k | €10k | ▲ 5.3% |
| Other operating charges640/8 | €9k | €8k | €29k | €643 | ▼ 97.7% |
| Non-recurring operating charges66A | - | €107 | €62k | €2k | ▼ 96.6% |
| Gross operating margin9900 | €149k | €314k | €292k | €123k | ▼ 57.9% |
| Operating profit (loss)9901 | €51k | €197k | €150k | €108k | ▼ 28.0% |
| Financial income75/76B | €5k | €2k | €4k | €26k | ▲ 604% |
| Recurring financial income75 | €5k | €2k | €4k | €26k | ▲ 604% |
| Financial charges65/66B | €29k | €56k | €94k | €40k | ▼ 57.6% |
| Recurring financial charges65 | €29k | €56k | €94k | €40k | ▼ 57.6% |
| Profit (loss) for the period before taxes9903 | €27k | €144k | €60k | €94k | ▲ 57.5% |
| Income taxes67/77 | €3k | €10k | €15k | €18k | ▲ 17.2% |
| Profit (loss) for the period9904 | €24k | €134k | €45k | €77k | ▲ 71.3% |
| Profit (loss) for the period to be appropriated9905 | €24k | €134k | €45k | €77k | ▲ 71.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.77M | €2.34M | €1.75M | €681k | ▼ 61.2% |
| Fixed assets21/28 | €168k | €585k | €42k | €45k | ▲ 8.1% |
| Intangible fixed assets21 | - | €4k | €2k | €1k | ▼ 56.1% |
| Tangible fixed assets22/27 | €168k | €581k | €39k | €44k | ▲ 13.3% |
| Land and buildings22 | - | €125k | €0 | - | - |
| Plant, machinery and equipment23 | €522 | €3k | €3k | €4k | ▲ 20.2% |
| Furniture and vehicles24 | €89k | €3k | €2k | €327 | ▼ 78.6% |
| Leasing and similar rights25 | €79k | €450k | €34k | €39k | ▲ 16.8% |
| Financial fixed assets28 | €548 | €548 | €548 | €185 | ▼ 66.2% |
| Current assets29/58 | €1.60M | €1.75M | €1.71M | €636k | ▼ 62.9% |
| Stocks and contracts in progress3 | €1.31M | €1.27M | €1.31M | €419k | ▼ 68.1% |
| Stocks30/36 | €1.31M | €1.27M | €1.31M | €419k | ▼ 68.1% |
| Amounts receivable within one year40/41 | €70k | €111k | €183k | €19k | ▼ 89.6% |
| Trade receivables40 | €37k | €29k | €132k | €0 | ▼ 100% |
| Other amounts receivable41 | €33k | €82k | €51k | €19k | ▼ 62.9% |
| Cash at bank and in hand54/58 | €210k | €357k | €200k | €190k | ▼ 5.1% |
| Deferred charges and accrued income490/1 | €13k | €12k | €16k | €8k | ▼ 49.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.77M | €2.34M | €1.75M | €681k | ▼ 61.2% |
| Equity10/15 | €74k | €208k | €253k | €59k | ▼ 76.5% |
| Contributions10/11 | €50k | €50k | €50k | €50k | = |
| Reserves13 | €5k | €155k | €200k | €5k | ▼ 97.5% |
| Non-distributable reserves130/1 | €5k | €5k | €5k | €5k | = |
| Reserves not available under the articles1311 | €5k | €5k | €5k | €5k | = |
| Distributable reserves133 | - | €150k | €195k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €19k | €3k | €3k | €4k | ▲ 59.2% |
| Amounts payable17/49 | €1.69M | €2.13M | €1.50M | €621k | ▼ 58.6% |
| Amounts payable after more than one year17 | €138k | €485k | €27k | €27k | = |
| Financial debts170/4 | €138k | €485k | €27k | €27k | = |
| Amounts payable within one year42/48 | €1.56M | €1.64M | €1.47M | €594k | ▼ 59.7% |
| Current portion of amounts payable after more than one year42 | €45k | €72k | €7k | €11k | ▲ 47.9% |
| Financial debts43 | €999k | €1.05M | €1.02M | €0 | ▼ 100% |
| Credit institutions430/8 | €999k | €1.05M | €1.02M | €0 | ▼ 100% |
| Trade debts44 | €209k | €273k | €287k | €112k | ▼ 61.2% |
| Suppliers440/4 | €209k | €273k | €287k | €112k | ▼ 61.2% |
| Taxes, remuneration and social security45 | €5k | €147k | €160k | €113k | ▼ 29.2% |
| Taxes450/3 | €3k | €145k | €158k | €113k | ▼ 28.3% |
| Remuneration and social security454/9 | €2k | €2k | €2k | €0 | ▼ 100% |
| Other amounts payable47/48 | €300k | €104k | €97 | €359k | ▲ 371,328% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €134k | €45k | €77k | ▲ 71.3% |
| + Depreciation and write-downs630 | €37k | €64k | €10k | €10k | ▲ 5.3% |
| Operating cash flow (approximation) | €60k | €198k | €54k | €87k | ▲ 59.5% |
| Investment in fixed assets (approximation) | - | €-480k | €534k | €-14k | ▼ 103% |
| Change in cash | - | €147k | €-157k | €-10k | ▲ 93.6% |
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
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Highest result since 2022net €134k ▲471%
Operating result €197k, net result €134k, both a record.
30-06
Financial
Equity above €200kEq €208k ▲183%
2 profitable years in a row build equity to €208k.
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Rendeux · 1 establishment unit since 2020
Ground area
1,203 m²
Building footprint
159 m²
Parcel 83044D1061/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
PROMSACO
since 20202.311.872.957
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83044D1061/00G000 | Wallonia | 1,203 m² | 1 · 159 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
11 categoriesPromsaco SRL41343
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,180 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-12-2020
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.