Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PROMOVIT from Zelzate, company number BE0448958065, closed financial year 2025 with a result of € 15,689 after tax. For that financial year PROMOVIT recorded a gross margin of € 87,063 and equity of € 429,936. Compared with financial year 2024, the result moved from € 13,436 to € 15,689. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 429,936
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,689
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 51,484
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 326,466.
Debts at end 2025
€ 152,647
▼ 35% vs 2024
Loans from banks and other lenders, long and short.
€ 10,465
▲ € 10,236 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,713
▼ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,193 | € 92,738 | € 84,054 | € 87,063 | ▲ 4% |
| Profit after taxes | € 2,680 | € 22,510 | € 13,436 | € 15,689 | ▲ 17% |
| Equity | € 378,300 | € 400,810 | € 414,247 | € 429,936 | ▲ 4% |
| Total debts | € 294,917 | € 315,617 | € 292,704 | € 255,163 | ▼ 13% |
| Cash | € 7,971 | € 19,419 | € 36,144 | € 51,484 | ▲ 42% |
| Land & buildings | € 761,271 | € 723,687 | € 698,342 | € 659,784 | ▼ 6% |
| Retained profit | € 274,830 | € 297,340 | € 310,777 | € 326,466 | ▲ 5% |
| Bank debt | € 255,000 | € 270,000 | € 233,500 | € 152,647 | ▼ 35% |
| Balance sheet total | € 773,947 | € 745,579 | € 734,736 | € 711,518 | ▼ 3% |
Key figures of PROMOVIT, 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 PROMOVIT?
What happened at PROMOVIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,689 (▲ 17% vs 2024). Source: NBB ↗
- Hugo De la Ruelle became a director. NBB
- Karin Van Overloop became a director. NBB
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,680 profit in 2022 to € 15,689 profit in 2025.
Paid € 91,370 in corporate taxes since 2022.
Best year ever: 2023, with € 22,510 profit.
Management
Behind PROMOVIT are Hugo De la Ruelle and Karin Van Overloop.
Directors
According to the 2025 annual accounts
Hugo De la Ruelle
Director
since 2015
Karin Van Overloop
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Grote Markt 54 box 101
9060 Zelzate
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.958.065
- VAT number
- BE 0448.958.065
- Registered office
- Grote Markt 54 bus 101, 9060 Zelzate
- Names & denominations
- PROMOVIT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 1992
- Peppol
- Active · Active since 24 Nov 2023