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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
PROMOVE from Brugge, company number BE0461685257, closed financial year 2025 with a result of € -262,007 after tax. For that financial year PROMOVE recorded a gross margin of € 74,065 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -330,804 to € -262,007. The company made a loss. 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 June 16, 2026.
€ 1.7 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -262,007
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 598,632
▲ 159% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2025
2.9
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 265,865
▲ 14% vs 2024
€ 91,700 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.
€ 40,056
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 83,956
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,944
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -71,360 | € -158,886 | € 11,475 | € 74,065 | ▲ € 62,590 |
| Profit after taxes | € -238,169 | € -239,436 | € -330,804 | € -262,007 | ▲ € 68,797 |
| Equity | € 1,910,057 | € 1,670,621 | € 1,339,818 | € 1,677,811 | ▲ 25% |
| Total debts | € 255,403 | € 100,031 | € 197,866 | € 129,899 | ▼ 34% |
| Cash | € 716,818 | € 369,690 | € 231,363 | € 598,632 | ▲ 159% |
| Land & buildings | € 70,936 | € 38,953 | € 8,286 | € 17,353 | ▲ 109% |
| Retained profit | € -1,610,403 | € -1,849,839 | € -2,180,642 | € -2,442,649 | ▼ € 262,007 |
| Balance sheet total | € 2,165,461 | € 1,770,652 | € 1,537,683 | € 1,807,710 | ▲ 18% |
| Employees (FTE) | - | - | 2.3 | 2.9 | ▲ 0.6 |
Key figures of PROMOVE, 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 PROMOVE?
What happened at PROMOVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 262,007. Source: NBB ↗
- New establishment in Brugge. KBO
- New establishment in Andenne. KBO
- New establishment in Heusden-Zolder. KBO
- Start of the company according to the CBE. KBO
In short
From € 238,169 loss in 2022 to € 262,007 loss in 2025.
On average € 25,500 of value added per employee in 2025.
Management
The stake of BRUCHO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROMOVEBehind PROMOVE are Brucho NV, Hendrik Vanbroeckhoven and Kommilfoo Management BVBA. The shares are held by BRUCHO (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kleine Pathoekeweg 4-10
8000 Brugge
Terlaemen 8
3550 Heusden-Zolder
Active since 1 March 2016
Chaussée d'Anton 476
5300 Andenne
Active since 6 September 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0461.685.257
- VAT number
- BE 0461.685.257
- Registered office
- Kleine Pathoekeweg 4-10, 8000 Brugge
- Names & denominations
- PROMOVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 1997
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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