Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
PARKSIDE PROMOTION from Wevelgem, company number BE0795983582, closed financial year 2025 with a result of € -954 after tax. For that financial year PARKSIDE PROMOTION recorded a gross margin of € -732 and equity of € -156,460. Compared with financial year 2024, the result moved from € 27,238 to € -954. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ -156,460
▼ € 954 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -954
▼ still € 27,238 profit in 2024
Profit after tax over the fiscal year.
€ 2,248
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -168,460.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 278
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,051
▼ 17% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 3,830 | € 37,086 | € -732 | ▼ € 37,818 |
| Profit after taxes | € 3,720 | € 27,238 | € -954 | ▼ € 28,193 |
| Equity | € -182,744 | € -155,506 | € -156,460 | ▼ € 954 |
| Total debts | € 225,858 | € 185,807 | € 184,265 | ▼ 1% |
| Cash | € 17,558 | € 4,745 | € 2,248 | ▼ 53% |
| Retained profit | € -194,744 | € -167,506 | € -168,460 | ▼ € 954 |
| Balance sheet total | € 43,114 | € 30,302 | € 27,805 | ▼ 8% |
Key figures of PARKSIDE PROMOTION, fiscal years 2023 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 PARKSIDE PROMOTION?
What happened at PARKSIDE PROMOTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 954 (▼ € 28,193 vs 2024). Source: NBB ↗
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,720 profit in 2023 to € 954 loss in 2025.
Paid € 10,405 in corporate taxes since 2023.
Best year ever: 2024, with € 27,238 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DAMODE-MG, SAGITTAIRE FINANCE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PARKSIDE PROMOTIONBehind PARKSIDE PROMOTION are Nadine Vanhalst and Geert Vanhalst. The shares are held by DAMODE-MG (50%) and SAGITTAIRE FINANCE (50%).
Directors
According to the 2025 annual accounts
Nadine Vanhalst
Director
Also active at: VASTGOEDBEHEER ROUSERE, DE VLASBLOMME, P & X Medical, MAGENA, SAGITTAIRE FINANCE, GNVH
Geert Vanhalst
Director
Also active at: SAN MARINO, S.B. RESTAURANT, SUPRA - CENTER, DEBRINVEST, SB GULLEGEM, PRAXIS GROUP, DE VLASGAARD, GEBALO +12 more
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ballingstraat 116
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →SV Center
€ 422,355 gross margin · 2025
VASTGOEDBEHEER ROUSERE same network
€ 62,743 gross margin · 2025
DE VLASBLOMME same network
€ 1.3 million gross margin · 2025
P & X Medical same network
€ -73,960 gross margin · 2025
MAGENA same network
€ 501,944 gross margin · 2025
+5 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
- 0795.983.582
- VAT number
- BE 0795.983.582
- Registered office
- Ballingstraat 116, 8560 Wevelgem
- Names & denominations
- PARKSIDE PROMOTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2023
- Peppol
- Active · Active since 24 Nov 2025