ACTIVE

PROMECO

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Financial year 2025 · closed on 31/12/2025

Net result

377,7 k €

-51.3% YoY

Gross margin

1,5 M €

-35.4% YoY

Equity

13,3 M €

+2.9% YoY

Workforce

14,4 ETP

+10.8% YoY

What does PROMECO do?

PROMECO is a Public limited company incorporated in 1995. Its registered office is in Kortrijk. It employs on average 14,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.546.354

Incorporation

16/02/1995

Legal form

Public limited company

Registered office

Doornikserijksweg(Bel) 12
8510 Kortrijk · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

14,4 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007
Income statement
Gross margin	1,5 M €	-35.4%	2,4 M €	+58.0%	1,5 M €	-17.1%	1,8 M €	-71.6%	6,3 M €	+85.1%	3,4 M €	+175%	-4,5 M €	-308%	2,2 M €	-35.6%	3,4 M €	-5.4%	3,6 M €	+165%	-5,6 M €	-143%	12,9 M €	+42.1%	9,1 M €	+188%	3,2 M €	+52.0%	2,1 M €	+239%	614,4 k €	-23.4%	802,3 k €	+881%	81,8 k €
EBITDA	575,8 k €	-41.7%	988,1 k €	+39.9%	706,1 k €	+85.8%	380 k €	-87.4%	3 M €	+20.1%	2,5 M €	+144%	-5,7 M €	-879%	736,8 k €	-59.0%	1,8 M €	-15.5%	2,1 M €	+134%	-6,3 M €	-151%	12,3 M €	+43.2%	8,6 M €	+193%	2,9 M €	+53.9%	1,9 M €	+302%	475,3 k €	-36.0%	742,3 k €	+6335%	11,5 k €
Operating result	362,6 k €	-59.9%	904,3 k €	+48.5%	609 k €	+160%	234,3 k €	-90.7%	2,5 M €	+21.0%	2,1 M €	+133%	-6,3 M €	-3334%	193,4 k €	-86.1%	1,4 M €	-24.3%	1,8 M €	+2778%	-68,8 k €	-101%	5,6 M €	-33.3%	8,4 M €	+206%	2,7 M €	+58.4%	1,7 M €	+319%	413,2 k €	-40.2%	690,8 k €	+2220%	-32,6 k €
Net result	377,7 k €	-51.3%	776,1 k €	+1820%	40,4 k €	-18.0%	49,3 k €	-97.6%	2,1 M €	+119%	949,7 k €	+115%	-6,3 M €	-13273%	47,7 k €	-96.3%	1,3 M €	+68.8%	767,3 k €	-69.2%	2,5 M €	+19.7%	2,1 M €	-78.2%	9,5 M €	+284%	2,5 M €	+28.3%	1,9 M €	+301%	482,2 k €	-36.5%	759,6 k €	+3555%	-22 k €
Balance sheet
Equity	13,3 M €	+2.9%	12,9 M €	+6.4%	12,1 M €	+0.3%	12,1 M €	+0.4%	12 M €	+20.7%	10 M €	+10.5%	9 M €	-41.1%	15,3 M €	+0.3%	15,2 M €	+3.7%	14,7 M €	+5.5%	13,9 M €	+21.7%	11,4 M €	+16.0%	9,9 M €	+134%	4,2 M €	+43.4%	2,9 M €	+124%	1,3 M €	+16.1%	1,1 M €	+29.8%	871,1 k €
Total assets	21,6 M €	+1.7%	21,2 M €	+7.8%	19,7 M €	-6.7%	21,1 M €	-7.1%	22,7 M €	+13.7%	20 M €	+16.4%	17,2 M €	-14.5%	20,1 M €	-20.3%	25,2 M €	+11.1%	22,6 M €	-23.6%	29,6 M €	-0.2%	29,7 M €	+22.0%	24,4 M €	+205%	8 M €	+49.9%	5,3 M €	+62.2%	3,3 M €	+6.9%	3,1 M €	+99.3%	1,5 M €
Cash	163,4 k €	-93.8%	2,6 M €	+101%	1,3 M €	-80.3%	6,6 M €	-38.6%	10,8 M €	+5017%	211,4 k €	+17.5%	180 k €	-79.7%	888,2 k €	-85.8%	6,3 M €	+462%	1,1 M €	-58.8%	2,7 M €	+561%	408,8 k €	-95.2%	8,6 M €	+738%	1 M €	-37.4%	1,6 M €	+149%	657,3 k €	-25.9%	886,7 k €	+24.1%	714,3 k €
Debts	8,3 M €	+6.9%	7,8 M €	+2.6%	7,6 M €	-16.1%	9 M €	-15.5%	10,7 M €	+6.7%	10 M €	+22.8%	8,1 M €	+70.9%	4,8 M €	-51.9%	9,9 M €	+24.9%	7,9 M €	-49.5%	15,7 M €	-14.0%	18,3 M €	+26.0%	14,5 M €	+295%	3,7 M €	+55.9%	2,3 M €	+19.1%	2 M €	+1.5%	1,9 M €	+190%	671,4 k €
Other
Workforce	14,4 ETP	+10.8%	13,0 ETP	-7.8%	14,1 ETP	-2.1%	14,4 ETP	+4.3%	13,8 ETP	-19.3%	17,1 ETP	-17.4%	20,7 ETP	-22.2%	26,6 ETP	+21.5%	21,9 ETP	+13.5%	19,3 ETP	+35.0%	14,3 ETP	+21.2%	11,8 ETP	+4.4%	11,3 ETP	+113%	5,3 ETP	+23.3%	4,3 ETP	+7.5%	4,0 ETP	+53.8%	2,6 ETP	+30.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

BOXTER

Director · until 01 juillet 2027 · 0460.686.355

Represented by Karim Redjal

Active

OPTAKARE

Director · until 01 juillet 2027 · 0473.099.682

Represented by Dominique Timmerman

Active

Ended mandates

BELGINOVA

Director · 0452.405.129

Represented by Karim Redjal

Ended

BELGINOVA

Director · 0452.405.129

Represented by Karim Redjal

Ended

BOXTER

Director · 0460.686.355

Represented by Karim Redjal

Ended

BOXTER

Director · 0460.686.355

Represented by Karim Redjal

Ended

At this address

Other companies at this address

Company	CBE no.
ASTRIDMEER● Active	0433.718.771
BELGINOVA● Active	0452.405.129
BOXTER● Active	0460.686.355

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	18 months	12 months
Filing date	28/08/2026	28/08/2025	30/08/2024	30/08/2023	26/08/2022	22/02/2021
General meeting	30/06/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	08/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	28/08/2026	Dutch	PDF
Abridged model	31/12/2024	03/06/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	06/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	26/08/2022	Dutch	PDF
Abridged model	30/06/2020	08/12/2020	22/02/2021	Dutch	PDF
Abridged model	30/06/2019	10/12/2019	25/02/2020	Dutch	PDF
Abridged model	30/06/2018	11/12/2018	29/01/2019	Dutch	PDF
Abridged model	30/06/2017	26/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	23/12/2016	24/02/2017	Dutch	PDF
Abridged model	30/06/2015	30/12/2015	25/02/2016	Dutch	PDF
Abridged model	30/06/2014	09/12/2014	24/02/2015	Dutch	PDF
Abridged modelCorrection	30/06/2013	26/09/2013	27/02/2014	Dutch	PDF
Abridged model	30/06/2013	26/09/2013	11/02/2014	Dutch	PDF
Abridged model	30/06/2012	27/09/2012	25/02/2013	Dutch	PDF
Abridged model	30/06/2011	27/09/2011	07/02/2012	Dutch	PDF
Abridged model	30/06/2010	31/12/2010	18/01/2011	Dutch	PDF
Abridged model	30/06/2009	31/12/2009	16/01/2010	Dutch	PDF
Abridged model	30/06/2008	31/12/2008	27/01/2009	Dutch	PDF
Abridged model	30/06/2007	30/12/2007	27/02/2008	Dutch	PDF
Abridged model	30/06/2006	29/12/2006	12/02/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

BOXTER

Director · until 01 juillet 2027 · 0460.686.355

Represented by Karim Redjal

Active

OPTAKARE

Director · until 01 juillet 2027 · 0473.099.682

Represented by Dominique Timmerman

Active

Ended mandates

BELGINOVA

Director · 0452.405.129

Represented by Karim Redjal

Ended

BELGINOVA

Director · 0452.405.129

Represented by Karim Redjal

Ended

BOXTER

Director · 0460.686.355

Represented by Karim Redjal

Ended

BOXTER

Director · 0460.686.355

Represented by Karim Redjal

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2021
DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2010
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025377,7 k €↓
2024
Annual accounts 2024776,1 k €↑
2023
Annual accounts 202340,4 k €↓
2022
Annual accounts 202249,3 k €↓
2021
Annual accounts 20212,1 M €↑
2020
Annual accounts 2020949,7 k €↑
2019
Annual accounts 2019-6,3 M €↓
2018
Annual accounts 201847,7 k €↓
2017
Annual accounts 20171,3 M €↑
2016
Annual accounts 2016767,3 k €↓
2015
Annual accounts 20152,5 M €↑
2014
Annual accounts 20142,1 M €↓
2013
Annual accounts 20139,5 M €↑
2011
Annual accounts 20112,5 M €↑
2010
Annual accounts 20101,9 M €↑
2009
Annual accounts 2009482,2 k €↓
2008
Annual accounts 2008759,6 k €↑
2007
Annual accounts 2007-22 k €
16/02/1995
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PROMECO

Overview

What does PROMECO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline