What does PROMORGA do?

PROMORGA is an estate agency in Ukkel. Private Limited, started on 30 August 1984, 1 establishment.

What is the address of PROMORGA?

The registered office of PROMORGA is located at Winston Churchilllaan 228, 1180 Ukkel.

Is PROMORGA still active?

Yes. According to the CBE (30 October 2026) PROMORGA is active, legal situation “Normale toestand”, started on 30 August 1984.

Is PROMORGA registered on Peppol?

Yes, PROMORGA is registered on the Peppol network with ID 0208:0426176527.

What is the enterprise number of PROMORGA?

The enterprise number of PROMORGA is BE0426176527.

When was PROMORGA founded?

PROMORGA was founded on 30 August 1984.

Who are the directors of PROMORGA?

According to the 2025 annual accounts, the directors of PROMORGA are: Timothy HELLAWELL.

Is PROMORGA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 August 1984; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did PROMORGA make in 2025?

PROMORGA recorded a loss after taxes of € 5,647 in financial year 2025.

What is the revenue of PROMORGA?

As a small company, PROMORGA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 19,510.

PROMORGA (Private Limited) - Ukkel - BE0426176527

Dossier PROMORGA, printed on 30 October 2026 from databakkes.be/en/0426176527/promorga. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

PROMORGA from Ukkel, company number BE0426176527, closed financial year 2025 with a result of € -5,647 after tax. For that financial year PROMORGA recorded a gross margin of € 19,510 and equity of € 181,344. Compared with financial year 2024, the result moved from € 20,278 to € -5,647. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.

What it is worth Healthy

€ 181,344

▼ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -5,647

▼ still € 20,278 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 20,025

▼ 58% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -98,656.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 3,372

▼ 48% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 58,140

▼ 12% vs 2024

€ 7,667 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 381

▼ 96% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 100,368 Gross margin 2022: € 100,368 First fiscal year in the series	€ 79,411 Gross margin 2023: € 79,411 ▼ 21% vs 2022 (€ 100,368) Unfavourable step	€ 43,272 Gross margin 2024: € 43,272 ▼ 46% vs 2023 (€ 79,411) Unfavourable step	€ 19,510 Gross margin 2025: € 19,510 ▼ 55% vs 2024 (€ 43,272) Unfavourable step	▼ 55%
Profit after taxes	€ 2,068 Profit after taxes 2022: € 2,068 First fiscal year in the series	€ 41,646 Profit after taxes 2023: € 41,646 ▲ € 39,578 vs 2022 (€ 2,068) Favourable step	€ 20,278 Profit after taxes 2024: € 20,278 ▼ 51% vs 2023 (€ 41,646) Unfavourable step	€ -5,647 Profit after taxes 2025: € -5,647 ▼ € 25,925 vs 2024 (€ 20,278) Unfavourable step	▼ € 25,925
Equity	€ 148,767 Equity 2022: € 148,767 First fiscal year in the series	€ 166,712 Equity 2023: € 166,712 ▲ 12% vs 2022 (€ 148,767) Favourable step	€ 186,990 Equity 2024: € 186,990 ▲ 12% vs 2023 (€ 166,712) Favourable step	€ 181,344 Equity 2025: € 181,344 ▼ 3% vs 2024 (€ 186,990) Unfavourable step	▼ 3%
Total debts	€ 514,212 Total debts 2022: € 514,212 First fiscal year in the series	€ 707,376 Total debts 2023: € 707,376 ▲ 38% vs 2022 (€ 514,212) Unfavourable step	€ 226,982 Total debts 2024: € 226,982 ▼ 68% vs 2023 (€ 707,376) Favourable step	€ 87,441 Total debts 2025: € 87,441 ▼ 61% vs 2024 (€ 226,982) Favourable step	▼ 61%
Cash	€ 121,096 Cash 2022: € 121,096 First fiscal year in the series	€ 24,897 Cash 2023: € 24,897 ▼ 79% vs 2022 (€ 121,096) Unfavourable step	€ 48,018 Cash 2024: € 48,018 ▲ 93% vs 2023 (€ 24,897) Favourable step	€ 20,025 Cash 2025: € 20,025 ▼ 58% vs 2024 (€ 48,018) Unfavourable step	▼ 58%
Land & buildings	€ 99,185 Land & buildings 2022: € 99,185 First fiscal year in the series	€ 96,451 Land & buildings 2023: € 96,451 ▼ 3% vs 2022 (€ 99,185) Unchanged	€ 93,716 Land & buildings 2024: € 93,716 ▼ 3% vs 2023 (€ 96,451) Unchanged	€ 90,981 Land & buildings 2025: € 90,981 ▼ 3% vs 2024 (€ 93,716) Unchanged	▼ 3%
Retained profit	€ -131,233 Retained profit 2022: € -131,233 First fiscal year in the series	€ -113,288 Retained profit 2023: € -113,288 ▲ € 17,946 vs 2022 (€ -131,233) Favourable step	€ -93,010 Retained profit 2024: € -93,010 ▲ € 20,278 vs 2023 (€ -113,288) Favourable step	€ -98,656 Retained profit 2025: € -98,656 ▼ € 5,647 vs 2024 (€ -93,010) Unfavourable step	▼ € 5,647
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 23,700 Dividend 2023: € 23,700 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 23,700) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 81,139 Bank debt 2022: € 81,139 First fiscal year in the series	€ 73,473 Bank debt 2023: € 73,473 ▼ 9% vs 2022 (€ 81,139) Favourable step	€ 65,806 Bank debt 2024: € 65,806 ▼ 10% vs 2023 (€ 73,473) Favourable step	€ 58,140 Bank debt 2025: € 58,140 ▼ 12% vs 2024 (€ 65,806) Favourable step	▼ 12%
Balance sheet total	€ 662,979 Balance sheet total 2022: € 662,979 First fiscal year in the series	€ 874,088 Balance sheet total 2023: € 874,088 ▲ 32% vs 2022 (€ 662,979) Unchanged	€ 413,973 Balance sheet total 2024: € 413,973 ▼ 53% vs 2023 (€ 874,088) Unchanged	€ 268,784 Balance sheet total 2025: € 268,784 ▼ 35% vs 2024 (€ 413,973) Unchanged	▼ 35%

Key figures of PROMORGA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to PROMORGA?

What happened at PROMORGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 28, 2026 New annual accounts for financial year 2025: loss of € 5,647 (▼ € 25,925 vs 2024). Source: NBB ↗
2019 Timothy HELLAWELL became a director. NBB
Oct 1, 1984 New establishment in Ukkel. KBO
Aug 30, 1984 Start of the company according to the CBE. KBO

In short

From € 2,068 profit in 2022 to € 5,647 loss in 2025.

Paid € 8,337 in corporate taxes since 2022.

Best year ever: 2023, with € 41,646 profit.

Paid out € 23,700 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Timothy HELLAWELL

PROMORGA

CIEL

GREEN ORGANISATION

CRISTAL RESIDENCES

Behind PROMORGA is Timothy HELLAWELL. Timothy HELLAWELL is also behind CIEL, GREEN ORGANISATION, CRISTAL RESIDENCES, CRISTAL RESIDENCES BRUSSELS and RENTAL MANAGEMENT.

Directors

According to the 2025 annual accounts

Timothy HELLAWELL

Director

Also active at: CIEL, GREEN ORGANISATION, CRISTAL RESIDENCES, CRISTAL RESIDENCES BRUSSELS, RENTAL MANAGEMENT

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Winston Churchilllaan 228

1180 Ukkel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

CIEL same network

€ 1.1 million gross margin · 2025

FINANCE & COMMUNICATION

€ -332 gross margin · 2025

GREEN ORGANISATION same network

€ 28,209 gross margin · 2025

Look For Immo

€ 6,177 gross margin · 2025

FEDERATION DES ASSOCIATIONS ET SOCIETES CAMEROUNAISE DE LA DIASPORA

+2 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0426.176.527

VAT number

BE 0426.176.527

Registered office

Winston Churchilllaan 228, 1180 Ukkel

Names & denominations

PROMORGA

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

30 August 1984

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Activiteiten van syndici van onroerend goed

Verhuur en lease van transportmiddelen voor vervoer over water

Handel in eigen onroerend goed

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

PROMORGA

Financials

What happened to PROMORGA?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions