ACTIVE

Promotion Belgium

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Financial year 2024 · Closed on 31/12/2024

Net result-18,1 k €-0,1 %over 1 year
Gross margin-387,3 €+35,4 %over 1 year
Equity-140,2 k €-14,8 %over 1 year

Identity

Source · BCE/KBO

Promotion Belgium is a Private limited company incorporated in 2007. Its registered office is in Nieuwpoort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0889.474.954
Incorporation
15/05/2007
Legal form
Private limited company
Registered office
Albert I laan 98
8620 Nieuwpoort · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024

Financials

Source · NBB, 17 filings

Trend over 16 financial years

20242023202220212020
Income statement
Gross margin-387,3 €-599,9 €-347,5 €-347,5 €-347,5 €
EBITDA-698,4 €-1,1 k €-635,4 €-661,3 €-626,7 €
Operating result-698,4 €-1,1 k €-635,4 €-661,3 €-626,7 €
Net result-18,1 k €-18,1 k €-17,3 k €-16,8 k €-16,6 k €
Balance sheet
Equity-140,2 k €-122,1 k €-104,1 k €-86,8 k €-70 k €
Total assets643,6 k €643,6 k €643,5 k €654,2 k €654,8 k €
Cash51,1 €54,5 €22,8 €38,2 €70,7 €
Debts783,8 k €765,7 k €747,6 k €741 k €724,8 k €

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 13 ended

Active mandates

Adelin Cloet

Manager · since 22 décembre 2016

Active

Ended mandates

MYLECKE

Managing director · since 11 mai 2013 · until 05 juin 2018 · 0892.860.749

Represented by Hendrik Danneels

Ended
MYLECKE

Managing director · since 11 mai 2013 · until 04 juin 2018 · 0892.860.749

Represented by HENDRIK DANNEELS

Ended
MYLECKE

Managing director · since 11 mai 2013 · until 05 mai 2018 · 0892.860.749

Represented by Hendrik Danneels

Ended
SEA COAST GROUP AC

Managing director · since 11 mai 2013 · until 04 juin 2018 · 0862.167.474

Represented by ADELIN CLOET

Ended

Other companies at this address

Albert I laan 98 8620 Nieuwpoort
CompanyCBE no.
BELGIUM FAMILY INVEST● Active
0865.974.923
BUNGOBEL● Active
0870.155.128
Dunehotel● Active
0747.529.411
Flanders Hospitality● Active
0439.775.729
Group AC BTWeenheid● Active
0687.627.357
H & D COMPANY● Active
0442.686.719
LOUIS INVEST● Active
0864.837.944
MONIRO● Active
0474.610.607
NORTH BUILDINGS● Active
0478.049.949
NORTH SEA PROPERTIES● Active
0439.459.983
NP Estate● Active
0783.257.479
Promotion and Building Company● Active
0466.872.579
SEA COAST BEL● Active
0521.905.629
Sea Coast Belgium Project● Active
0886.407.180
SEA COAST CONSTRUCTION● Active
0540.961.476
SEA COAST GROUP AC● Active
0862.167.474
SEA COAST HORSES● Active
0521.905.926
VEDESCA● Active
0433.290.189
Vereniging van Mede-eigenaars Residentie Beau Sejour te Nieuwpoort, Albert I laan 98● Active
0889.663.412

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/202529/07/202428/07/202330/08/202218/08/202130/07/2020
General meeting03/06/202504/06/202406/06/202307/06/202201/06/202102/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202403/06/202530/07/2025DutchPDF
Abridged model31/12/202304/06/202429/07/2024DutchPDF
Abridged model31/12/202206/06/202328/07/2023DutchPDF
Abridged model31/12/202107/06/202230/08/2022DutchPDF
Abridged model31/12/202001/06/202118/08/2021DutchPDF
Abridged model31/12/201902/06/202030/07/2020DutchPDF
Abridged model31/12/201804/06/201910/09/2019DutchPDF
Abridged model31/12/201705/06/201830/08/2018DutchPDF
Abridged model31/12/201606/06/201727/06/2017DutchPDF
Abridged model31/12/201507/06/201620/07/2016DutchPDF
Abridged model31/12/201402/06/201529/06/2015DutchPDF
Abridged model31/12/201303/06/201430/07/2014DutchPDF
Abridged model31/12/201204/06/201306/08/2013DutchPDF
Abridged model31/12/201105/06/201220/07/2012DutchPDF
Abridged model31/12/201007/06/201118/07/2011DutchPDF
Abridged model31/12/200901/06/201016/07/2010DutchPDF
Abridged model31/12/200802/06/200930/06/2009DutchPDF

Indicative valuation

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 13 ended

Active mandates

Adelin Cloet

Manager · since 22 décembre 2016

Active

Ended mandates

MYLECKE

Managing director · since 11 mai 2013 · until 05 juin 2018 · 0892.860.749

Represented by Hendrik Danneels

Ended
MYLECKE

Managing director · since 11 mai 2013 · until 04 juin 2018 · 0892.860.749

Represented by HENDRIK DANNEELS

Ended
MYLECKE

Managing director · since 11 mai 2013 · until 05 mai 2018 · 0892.860.749

Represented by Hendrik Danneels

Ended
SEA COAST GROUP AC

Managing director · since 11 mai 2013 · until 04 juin 2018 · 0862.167.474

Represented by ADELIN CLOET

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other07/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING
    PDF
  • Mandates09/01/2017
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Restructuring13/04/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates23/03/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/05/2007
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-18,1 k €↓
  2. 2023
    Annual accounts 2023-18,1 k €↓
  3. 2023
    Name changePROMOTION BELGIUM
  4. 2022
    Annual accounts 2022-17,3 k €↓
  5. 2021
    Annual accounts 2021-16,8 k €↓
  6. 2021
    Name changePROMOTION BELGIUM HORSES
  7. 2020
    Annual accounts 2020-16,6 k €↓
  8. 2019
    Annual accounts 2019-16,3 k €↑
  9. 2018
    Annual accounts 2018-30,7 k €↓
  10. 2017
    Annual accounts 2017-15,2 k €↓
  11. 2015
    Annual accounts 2015383,3 €↑
  12. 2014
    Annual accounts 2014-1,5 k €↑
  13. 2013
    Annual accounts 2013-4,1 k €↓
  14. 2012
    Annual accounts 2012-2,8 k €↓
  15. 2011
    Annual accounts 2011219,5 k €↑
  16. 2010
    Annual accounts 2010-43 k €↓
  17. 2009
    Annual accounts 200979 k €↑
  18. 2008
    Annual accounts 2008-188 k €
  19. 15/05/2007
    IncorporationPrivate limited company