Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for PROMIVAN according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-2.43M) and a net result of €-3.25M.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 eventsSignals
Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2019| Fiscal year | 2019 |
|---|---|
| Revenue | - |
| EBITDA | €-252k |
| Net profit | €-3.25M |
| Cash flow | €-3.16M |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.71M |
| Equity | €-2.43M |
| Debt | €3.97M |
| of which ≤ 1y | €2.14M |
| of which > 1y | €1.80M |
| Working capital | €-2.02M |
| Employees (FTE) | - |
| 2019 | |
|---|---|
| Current ratio | 0.06 |
| Quick ratio | 0.06 |
| Working capital ratio | -118.6% |
| Solvency | -142.1% |
| Debt / equity | -0.74 |
| Long-term debt ratio | -0.74 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -190.4% |
| ROE | 133.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.71M |
| Fixed assets | 21/28 | €1.59M |
| Tangible fixed assets | 22/27 | €1.58M |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €118k |
| Amounts receivable within one year | 40/41 | €51k |
| Cash & bank | 54/58 | €234 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.71M |
| Equity | 10/15 | €-2.43M |
| Contributions / capital | 10/11 | €316k |
| Reserves | 13 | €507k |
| Accumulated profits (losses) | 14 | €-3.25M |
| Provisions & deferred taxes | 16 | €162k |
| Amounts payable | 17/49 | €3.97M |
| Amounts payable after one year | 17 | €1.80M |
| Amounts payable within one year | 42/48 | €2.14M |
| Trade debts payable within one year | 44 | €39k |
| Income statement | ||
| Gross operating margin | 9900 | €63k |
| Operating result | 9901 | €-344k |
| Financial income | 75 | €60k |
| Financial charges | 65 | €1.53M |
| Result before taxes | 9903 | €-3.82M |
| Net result for the period | 9904 | €-3.81M |
| Result to be appropriated | 9905 | €-3.81M |
Health barometer
FY 2019 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | WIM VAN CAENEGHEM VRIJHEIDSTRAAT 32,
2000 ANTWERPEN 1 |
09-09-2021 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Public limited company(014) |
| Incorporation | 27-07-1978 |
| Status | Active |
| Postal code | - |
| First BS signal | 15-09-2021 |
| Latest BS signal | 15-09-2021 |
Structure & network
Company structure: linked entities
1 linked entityLocations & real estate
Registered office
on the map · from the address registerEstablishment units
2 locationsReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0271/00V000 | Flanders | 1.2 ha | 1 · 3,657 m² | 20.3 m · 3 fl. |
| 31013A0075/00A000 | Flanders | 1,016 m² | 1 · 787 m² | - |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Belgian State Gazette · acts
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.
Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch health in particular.
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AI due-diligence brief
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | PROMIVAN |