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PROMUSIC

Active Private limited companyfounded 2006active for 20 yearsKerkstraat 11, 9300 AalstKBO/BCE: BE 0880.813.349

Lifetime

19 annual accounts with figures on one time axis
peak €36,393 (2008)
€12,585▲ 309%
lowest -€22,340 (2014)
€4,832▲ €6,649
peak €45,063 (2012)
€26,804▲ 22.0%
€11,342▼ 30.8%
peak 0.2 FTE (2008)
-not published
Board1 name since 2006
1 director
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Gross margin from €3,074 to €12,585Back to profit: €4,832Equity from €21,972 to €26,804Debts from €16,383 to €11,342

Key points

from the 2025 annual accounts

Turnover

≈ €130,000 estimated

The micro format states no turnover.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

The 2023 accounts came 34 days late. The other nine of the last ten were filed on time.

Position in the sector

70.3%

Higher solvency than 83% of companies in food and beverage service. Sector median 29.6% · 18,532 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as PROMUSIC has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,386 companies, not a prediction for PROMUSIC. 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

Board and ownership

Director, since 18-04-2006
  • enige aandeelhouderdeed of 26-09-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0880813349
Change of role: , from statutory manager to statutory director holds all the shares · Director discharge: · General meeting of 07-07-2023 · Gazette deed
First establishment Kerkstraat 11, Aalst
Incorporation published on 02-05-2006 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
PROMUSIC Aalst €38,145 €12,585 70.3% -
DEN EENHOORN Wommelgem €43,638 €14,211 57.1% -
HEAVEN'S TOUCH Maaseik €32,705 €13,744 42.0% -
TAHI Hasselt €31,918 €11,214 93.8% -
ALDAMO Brussels €40,246 €12,399 -67.7% -
volle brol Brussels €34,705 €9,579 73.7% -
L'ENVERS Ghent €43,077 €21,697 99.2% -

These companies have the same main activity as PROMUSIC: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €31,900 and €43,600, founded between 2003 and 2009.

Official details

Source: KBO
Status
Active since 20-04-2006Normal situation
Activity
Cafés and barsNACE 56301
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.153.893.8099300 Aalst, since 07-06-2006
Financial year end
31 December
Peppol
Reachable since 13-08-2025
Company details

Annual accounts 2025

€38,145▼ 0.5%
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

Insights on PROMUSIC

PROMUSIC files the micro format. That format states no turnover. The gross margin fell from €22,867 in 2007 to €12,585 in 2025.

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 PROMUSIC

What is the company number of PROMUSIC?
The company number of PROMUSIC is 0880.813.349. The VAT number is the same number with BE in front: BE 0880.813.349.
Where is PROMUSIC based?
The registered office is at Kerkstraat 11, 9300 Aalst.Company details
What does PROMUSIC do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of PROMUSIC?
PROMUSIC is a private limited company (BV).
When was PROMUSIC founded?
PROMUSIC was founded on 20-04-2006.
Is PROMUSIC still active?
Yes, PROMUSIC is an active enterprise in the KBO register.
Which joint committee does PROMUSIC fall under?
In its 2025 annual accounts, PROMUSIC states joint committee 302 (Hotels and catering).
What is the turnover of PROMUSIC?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €12,585 and 100 comparable companies (NACE 56301). It probably lies between €64,000 and €280,000. It is a rough estimate.Financials
Is PROMUSIC profitable?
In financial year 2025, PROMUSIC made a profit of €4,832.
Where can I find the annual accounts of PROMUSIC?
PROMUSIC filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROMUSIC due?
PROMUSIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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