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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Promotion Belgium from Nieuwpoort, company number BE0889474954, closed financial year 2025 with a result of € -18,418 after tax. For that financial year Promotion Belgium recorded a gross margin of € -400 and equity of € -158,645. Compared with financial year 2024, the result moved from € -18,079 to € -18,418. 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 October 1, 2026.
€ -158,645
▼ € 18,418 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,418
▼ 2 % more loss than in 2024
Profit after tax over the fiscal year.
€ 143
▲ 179% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -220,645.
Debts at end 2025
€ 802,288
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -347 | € -600 | € -387 | € -400 | ▼ € 12 |
| Profit after taxes | € -17,342 | € -18,054 | € -18,079 | € -18,418 | ▼ € 338 |
| Equity | € -104,094 | € -122,148 | € -140,227 | € -158,645 | ▼ € 18,418 |
| Total debts | € 747,617 | € 765,702 | € 783,778 | € 802,288 | ▲ 2% |
| Cash | € 23 | € 55 | € 51 | € 143 | ▲ 179% |
| Retained profit | € -166,094 | € -184,148 | € -202,227 | € -220,645 | ▼ € 18,418 |
| Bank debt | € 747,617 | € 765,702 | € 783,778 | € 802,288 | ▲ 2% |
| Balance sheet total | € 643,523 | € 643,555 | € 643,551 | € 643,643 |
Key figures of Promotion Belgium, 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 Promotion Belgium?
What happened at Promotion Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,418. filed late Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,342 loss in 2022 to € 18,418 loss in 2025.
Management
Behind Promotion Belgium is Adelin Cloet. Adelin Cloet is also behind VEDESCA, NORTH SEA PROPERTIES, Flanders Hospitality, H & D COMPANY and Promotion and Building Company.
Directors
According to the 2025 annual accounts
Adelin Cloet
Director
Also active at: VEDESCA, NORTH SEA PROPERTIES, Flanders Hospitality, H & D COMPANY, Promotion and Building Company, MONIRO, NORTH BUILDINGS, SEA COAST BEL +8 more
Establishments
Establishment units
Physical locations of this company
Albert I laan 98
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →VEDESCA same network
€ -387 gross margin · 2025
NORTH SEA PROPERTIES same network
€ -4,931 gross margin · 2025
Flanders Hospitality same network
€ 703,215 gross margin · 2025
H & D COMPANY same network
€ 25,331 gross margin · 2026
Promotion and Building Company same network
€ 5,924 gross margin · 2025
+15 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
- 0889.474.954
- VAT number
- BE 0889.474.954
- Registered office
- Albert I laan 98, 8620 Nieuwpoort
- Names & denominations
- Promotion Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 2007
- Peppol
- Active · Active since 7 Jan 2026