Bankrupt · Opening faillissement (CBE)

PROMO-TEXTILE

BE0434269394

Rechtspersoon Public limited company 1 establishment

PROMO-TEXTILE is a shop in Herstal. Public Limited, started on 9 May 1988, 1 establishment.

En Hayeneux 176, 4040 Herstal

Behind the company: Rosario PACE.

Start date

9 May 1988

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 9 % of short-term debt in 2023; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2022.

  • Board fully replaced NBB

    No director from three years ago is still active according to annual account 2023.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

PROMO-TEXTILE from Herstal, company number BE0434269394, closed financial year 2023 with a result of € -110,600 after tax. For that financial year PROMO-TEXTILE recorded a gross margin of € 69,694 and equity of € 315,551. Compared with financial year 2022, the result moved from € -44,569 to € -110,600. 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 May 14, 2024.

What it is worth Healthy

€ 315,551

▼ 26% vs 2022

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

Loss Caution

€ -110,600

▼ 148 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 11,374

▼ 78% vs 2022

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 € 191,605.

People and assets in 2023

Full-time equivalents

3.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 153,873

▲ 7% vs 2022

€ 40,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 5,203

▲ € 4,006 vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 96,547

▲ 106% vs 2022

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

Taxes and wages

€ 39,305

▼ 21% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 148,296 € 123,461 € 69,694 ▼ 44%
Profit after taxes € 13,016 € -44,569 € -110,600 ▼ € 66,031
Equity € 487,864 € 426,152 € 315,551 ▼ 26%
Total debts € 82,444 € 113,596 € 140,828 ▲ 24%
Cash € 58,520 € 52,047 € 11,374 ▼ 78%
Retained profit € 363,917 € 302,205 € 191,605 ▼ 37%
Dividend € 0 € 17,143 € 0 ▼ 100%
Balance sheet total € 570,308 € 539,748 € 456,379 ▼ 15%
Employees (FTE) 3.9 3.8 3.8

Key figures of PROMO-TEXTILE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to PROMO-TEXTILE?

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

PROMO-TEXTILE is active according to the CBE. Legal situation: Opening faillissement.

  • Sandrine PACE stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 110,600. Source: NBB ↗
  • Sandrine PACE became a director. NBB
  • New establishment in Herstal. KBO
  • Start of the company according to the CBE. KBO

In short

From € 13,016 profit in 2021 to € 110,600 loss in 2023.

Paid € 4,435 in corporate taxes since 2021.

Best year ever: 2021, with € 13,016 profit.

On average € 18,300 of value added per employee in 2023.

Management

Rosario PACE
PROMO-TEXTILE

Behind PROMO-TEXTILE is Rosario PACE.

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Directors

According to the 2023 annual accounts

Rosario PACE

Managing director

Sandrine PACE

Director

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

En Hayeneux 176

4040 Herstal

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

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

Details

Company number
0434.269.394
VAT number
BE 0434.269.394
Registered office
En Hayeneux 176, 4040 Herstal
Names & denominations
PROMO-TEXTILE
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
9 May 1988
Peppol
Not registered
Activities · NACE

Detailhandel in huishoudtextiel en beddengoed

Detailhandel in textiel

Frequently asked questions

What does PROMO-TEXTILE do?
PROMO-TEXTILE is a shop in Herstal. Public Limited, started on 9 May 1988, 1 establishment.
What is the address of PROMO-TEXTILE?
The registered office of PROMO-TEXTILE is located at En Hayeneux 176, 4040 Herstal.
Is PROMO-TEXTILE still active?
No. The CBE lists PROMO-TEXTILE with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is PROMO-TEXTILE registered on Peppol?
No, PROMO-TEXTILE is currently not registered on the Peppol network.
What is the enterprise number of PROMO-TEXTILE?
The enterprise number of PROMO-TEXTILE is BE0434269394.
When was PROMO-TEXTILE founded?
PROMO-TEXTILE was founded on 9 May 1988.