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 5 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
PROMO-PROPERTY from Retie, company number BE0533982426, closed financial year 2024 with a result of € 7,726 after tax. For that financial year PROMO-PROPERTY recorded a gross margin of € 43,977 and equity of € 112,926. Compared with financial year 2023, the result moved from € 14,883 to € 7,726. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 21, 2025.
€ 112,926
▲ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,726
▼ 48% vs 2023
Profit after tax over the fiscal year.
€ 6,893
▼ 34% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 103,726.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 5,806
▼ 9% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 210,000
▼ 55% vs 2023
Loans from banks and other lenders, long and short.
€ 227,124
▲ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,048
▲ 39% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 87,170 | € 80,735 | € 92,337 | € 43,977 | ▼ 52% |
| Profit after taxes | € 28,578 | € 27,820 | € 14,883 | € 7,726 | ▼ 48% |
| Equity | € 62,497 | € 90,317 | € 105,200 | € 112,926 | ▲ 7% |
| Total debts | € 6,699,702 | € 7,985,938 | € 3,876,543 | € 3,566,445 | ▼ 8% |
| Cash | € 166,359 | € 290,037 | € 10,437 | € 6,893 | ▼ 34% |
| Retained profit | € 53,297 | € 81,117 | € 96,000 | € 103,726 | ▲ 8% |
| Bank debt | € 1,227,587 | € 1,227,587 | € 470,000 | € 210,000 | ▼ 55% |
| Balance sheet total | € 6,785,820 | € 8,099,875 | € 4,005,363 | € 3,702,991 | ▼ 8% |
Key figures of PROMO-PROPERTY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to PROMO-PROPERTY?
What happened at PROMO-PROPERTY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 7,726 (▼ 48% vs 2023). filed late Source: NBB ↗
- New establishment in Retie. KBO
- R-Evolution NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 28,578 profit in 2021 to € 7,726 profit in 2024.
Paid € 32,963 in corporate taxes since 2021.
Best year ever: 2021, with € 28,578 profit.
Management
The stake of R-Evolution comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PROMO-PROPERTYBehind PROMO-PROPERTY is R-Evolution NV. The shares are held by R-Evolution (99%).
Directors
According to the 2024 annual accounts
since 2013
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Geelsebaan 45
2470 Retie
Geelsebaan 45 E
2470 Retie
Active since 8 May 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0533.982.426
- VAT number
- BE 0533.982.426
- Registered office
- Geelsebaan 45, 2470 Retie
- Names & denominations
- PROMO-PROPERTY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2013
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
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