PROMAZ

What PROMAZ does

PROMAZ (legal name: Bodemsaneringsfonds voor gasolietanks voor verwarmingsdoeleinden vzw; KBO 0726.647.586) is a Belgian non-profit foundation (vzw/ASBL) established under the Cooperation Agreement of 25 July 2018 between the Belgian Federal State, the Flemish Region, the Walloon Region, and the Brussels-Capital Region. Headquartered in Zaventem with operations coordinated from Evere, the foundation operates a public fund that financially and operationally assists mazout (heating oil) users when a leak in a tank or supply pipe used for building heating has caused soil contamination. The fund began accepting applications and became operational in 2022 and employs approximately 15 people.

The fund's core product is intervention coverage of up to €100,000 incl. VAT per case for residential buildings, €50,000 incl. VAT for non-residential buildings, and €200,000 incl. VAT per intervention for private individuals. Applicants pay a non-refundable €30.25 incl. VAT administrative fee per submission and, for financial-intervention cases, a 10% management fee capped at €500 (residential) or €1,500 (non-residential) excl. VAT; a franchise of €1,000 (residential) or €2,000 (non-residential) applies where the building switched from mazout heating after 08/05/2019 and works had not started before 31/05/2022. PROMAZ does not develop or operate proprietary technology products; its systems are an administrative web portal (My Promaz), a supplier portal for accredited contractors, and standard document templates. Soil remediation itself is executed by accredited soil remediation experts (bodemsaneringsdeskundigen) selected through a public tender that placed three pre-qualified firms per Belgian province (e.g., Miasma BV, ASA BV, Rimeco milieu in Antwerp) on a uniform-price, standardized-methodology framework.

PROMAZ's business model is not commercial: it is a publicly mandated compensation and remediation mechanism whose funding flows from the interregional cooperation agreement rather than from customer sales. The fund serves a long-tail base of private homeowners (primary segment) and a secondary segment of organizations and institutions operating non-residential buildings (schools, hospitals, offices, hotels, religious buildings) plus co-ownership associations. Five request types (CSC, CSO, CSW, PSO, PSW) cover both forward and retroactive remediation cases, with the initial retroactive-claim registration window closing on 28/02/2025. Partnerships with the three regional soil authorities (OVAM, Leefmilieu Brussel/Bruxelles Environnement, DAS) and with fire insurance carriers — alongside the expert network — form the operational ecosystem required to issue final declarations ('eindverklaring' / 'déclaration de bonne fin') and disburse funds. As of the input data, approximately 200 dossiers are in progress.

Name

PROMAZ

Legal name

Bodemsaneringsfonds voor gasolietanks voor verwarmingsdoeleinden vzw

Website

https://promaz.be

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

PROMAZ is a Belgian non-profit foundation that financially and operationally assists mazout heating-oil users with soil remediation costs following tank or pipe leaks, serving private homeowners and organizations nationwide under an interregional cooperation agreement.

Ownership category

akta.pro rank

NAICS

Remediation Services (562910), Remediation and Other Waste Management Services (5629)

SIC

Sanitary Services (4950)

akta.pro primary industry

Petroleum Hydrocarbon (UST/LUST) Remediation (BPALAKAB)

Keywords

• Soil remediation fund
• Heating oil tank cleanup
• Mazout leak assistance
• Environmental compensation fund
• Ground contamination support

Headquarters

HQ city

Zaventem

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Others

Revenue model

1. Foundation / Public Fund (Non-revenue generating): PROMAZ is a non-profit foundation (vzw/ASBL) established under the Cooperation Agreement of 25 July 2018 between the Belgian Federal State, Flemish Region, Walloon Region, and Brussels-Capital Region. It does not generate commercial revenue. Its operations are funded through the agreement's financing mechanism for soil remediation of gasoil tanks for heating purposes. Revenue model is not applicable in the traditional sense — it is a publicly mandated compensation and remediation fund.

Pricing tiers

Distribution channels3 records

Marketing channels6 records

Core offering

PROMAZ is a Belgian non-profit foundation (vzw/ASBL) that financially and operationally assists mazout (heating oil) users with soil remediation following leaks from tanks or pipelines used for building heating. The fund either reimburses remediation costs up to defined limits or fully coordinates the remediation through accredited soil experts and contractors on behalf of the applicant, operating across all three Belgian regions.

Product overview

PROMAZ is a Belgian soil remediation fund (vzw/asbl) that provides financial and operational support to mazout (heating oil) users when tank leaks contaminate the ground. The organization operates as a single unified service offering, with the core PROMAZ Fund providing intervention coverage up to 100,000 EUR for residential buildings and 50,000 EUR for non-residential buildings including VAT. Users access services through the My Promaz online portal, with support for application submission, document management, and expert coordination. The fund works with a network of approved experts and remediation companies, and offers multiple request types (CSC, CSO, CSW, PSO, PSW) depending on the stage of remediation completion.

Differentiator

Problem solved

Functional benefit

Products and services

• PROMAZ Fund - Financial and Operational Soil Remediation Intervention A publicly mandated fund that financially reimburses and/or operationally coordinates soil remediation for mazout (heating oil) users following leaks from tanks or pipelines used for building heating. Covers up to €100,000 including VAT per intervention for residential buildings and €50,000 including VAT for non-residential buildings, with a maximum of €200,000 including VAT per intervention for private individuals. Serves private homeowners, organizations, and co-ownership associations across all three Belgian regions.
• My Promaz Online Application Portal
• Network of Accredited Soil Remediation Experts

Quantifiable outcome

• PROMAZ covers up to €100,000 incl. VAT per intervention for residential buildings and €50,000 incl. VAT for non-residential buildings. For private individuals, the maximum is €200,000 incl. VAT per intervention for both financial and operational interventions.
• +1 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• OVAM (Openbare Vlaamse Afvalstoffenmaatschappij)coreImplementation/ SI/ Consulting PartnerOVAM is the Flemish public waste and materials agency and soil management authority. PROMAZ has a data exchange agreement with OVAM for information sharing in the context of soil remediation. OVAM is one of the regional authorities that issues final declarations ('eindverklaring' / 'déclaration de bonne fin') confirming completed remediation, which is required for reimbursement. OVAM also maintains the list of accredited soil remediation experts in Flanders.
• Leefmilieu Brussel / Bruxelles EnvironnementcoreImplementation/ SI/ Consulting PartnerLeefmilieu Brussel (Bruxelles Environnement) is the Brussels-Capital environmental authority. PROMAZ has a protocol with Leefmilieu Brussel for the communication of personal data for the treatment of soil files and the issuance of soil certificates. This authority also issues final declarations for completed remediation in the Brussels region and maintains the list of accredited experts.
• DAS (Direction des Affres du Sol) — Walloon RegioncoreImplementation/ SI/ Consulting PartnerDAS (Direction des Affres du Sol) is the Walloon soil remediation authority. As with OVAM and Leefmilieu Brussel, DAS is the competent regional authority that issues final declarations confirming completed soil remediation, which is required before PROMAZ can process reimbursements. DAS maintains the list of accredited soil remediation experts in Wallonia.
• Accredited Soil Remediation Experts (via standardized tender)coreImplementation/ SI/ Consulting PartnerPROMAZ organized a public call for tenders on 04/07/2023, selecting three companies per province to produce standardized research reports at uniform prices. These companies commit to using a standardized methodology and measurement template defined by PROMAZ. The selected experts include Miasma BV (Houthalen), ASA BV (Zoersel), and Rimeco milieu (Tienen) for the Antwerp province, with similar selections for all other Belgian provinces. Applicants can directly contact these experts for soil investigation reports.
• Fire Insurance CompaniesminorStrategic or Co-development PartnerPROMAZ works alongside fire insurance companies. The fund's website advises applicants to first check their fire insurance policy, as many insurance policies already partially cover mazout pollution damage. PROMAZ acts as a supplementary fund on top of existing insurance coverage, with insurance numbers and policy copies required as part of the application documentation.
• Belgian Federal State, Flemish Region, Walloon Region, and Brussels-Capital Region (interregional cooperation)coreStrategic or Co-development PartnerPROMAZ originated from the Cooperation Agreement of 25 July 2018 between the Belgian Federal State and the three Regions. This agreement governs the execution and financing of soil remediation for gasoil tanks for heating purposes. PROMAZ operates under the provisions of this agreement, which also defines its governance, funding, and operational framework.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Arcadis: Global design, engineering, and environmental consulting firm with a strong Belgian presence in soil and groundwater remediation. Comparable in service offering and customer base to the accredited expert firms that PROMAZ engages through its tendered network.
• Royal HaskoningDHV: International engineering and environmental consultancy with Dutch and Belgian operations focused on water, environment, and soil remediation. Comparable to the expert network PROMAZ contracts for standardized research reports and remediation works.
• Leefmilieu Brussel / Bruxelles Environnement: Brussels-Capital Region's environmental authority, which issues final declarations and accredits soil remediation experts in Brussels for PROMAZ. Functions as the regional counterpart to PROMAZ within the same interregional framework.
• Antea Group: International environmental engineering and consulting firm with significant Belgian operations performing soil investigation, remediation design, and contractor management. Comparable as a direct service provider in the soil remediation value chain that PROMAZ coordinates.
• OVAM (Openbare Vlaamse Afvalstoffenmaatschappij): Flanders' public waste and soil management agency, which issues the final declarations ('eindverklaring') required for PROMAZ reimbursements and maintains the list of accredited soil remediation experts in Flanders. Direct comparable as a public environmental authority governing the same remediation workflow in a single Belgian region.
• WSP: Global professional services firm with a large Belgian environmental practice covering site investigation, contaminated land assessment, and remediation. Comparable in technical scope to the soil remediation experts retained by PROMAZ.
• SPW – Direction des Sols (DAS, Wallonia): Walloon Region's soil remediation authority, the third regional pillar of PROMAZ's interregional framework. Responsible for final declarations and expert accreditation in Wallonia; directly comparable in mandate and governance role.

Regional players

• ADEME (Agence de la transition écologique): France's national agency for ecological transition, including management of pollution and remediation funding programs. Comparable as a public environmental funding and coordination body, though operating at much larger scale and broader scope than PROMAZ.
• Rijkswaterstaat / Bodemplus: Dutch public program for soil quality and remediation knowledge, financing, and standard-setting. Functionally comparable to PROMAZ as a public-sector coordinator of soil remediation financing and best practice, but at national scale across the Netherlands.

Broad incumbents

• Tetra Tech: Large global consulting and engineering firm with broad environmental and remediation capabilities, including contaminated site management. Comparable in technical scope to PROMAZ's expert network but operating at much larger scale and across many adjacencies beyond soil remediation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/promaz

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PROMAZ