PREVO
ActiveSummary
PREVO has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,405 and a net result of -€5,072. Equity is shrinking by ~16.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-1
Solvency43▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18%
Return on assets
-14.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,072
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
71 d late
2022
53 d late
2021
78 d late
2020
114 d late
2019
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 68 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€6,405▼ 44.2%
2024 · €11,477
Total assets
€35,629▼ 12.5%
2024 · €40,716
Net result
-€5,072▲ 8.6%
2024 · -€5,547
Working capital
€6,405▼ 44.2%
2024 · €11,477
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€12,181-€6,207▲ 49.0%€334-€5,546-€5,016▲ 9.6%
Net result-€12,318-€6,120▲ 50.3%€282-€5,547-€5,072▲ 8.6%
Equity€22,862▼ 35.0%€16,742▼ 26.8%€17,024▲ 1.7%€11,477▼ 32.6%€6,405▼ 44.2%
Total assets€52,083▼ 20.4%€46,350▼ 11.0%€47,361▲ 2.2%€40,716▼ 14.0%€35,629▼ 12.5%
Debt€29,220▼ 3.4%€29,608▲ 1.3%€30,337▲ 2.5%€29,239▼ 3.6%€29,224▼ 0.1%
Working capital€21,100▼ 39.8%€14,391▼ 31.8%€17,024▲ 18.3%€11,477▼ 32.6%€6,405▼ 44.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,016 in 2025 against €5,546 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €35,629
Equity
€6,405 ▼ 44.2%
Debt
€29,224 ▼ 0.1%
Debt's share of the balance-sheet total rises from 71.8% to 82.0%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.22▼
2024 · 1.39
Quick ratio
0.41▼
2024 · 0.53
Debt to equity
4.56▲
2024 · 2.55
ROE
-79.2%▼
2024 · -48.3%
ROA
-14.2%▼
2024 · -13.6%
Debt ≤ 1 year
€29,224▼
2024 · €29,239
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,219 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 88% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
3.5%
went bankrupt
7.4%
stopped otherwise
88%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,219 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €386 | €569 | €0 | - | - | - |
| Other operating charges640/8 | €231 | €1,165 | €699 | €513 | €528 | ▲ 2.8% |
| Non-recurring operating charges66A | - | - | €1,351 | €0 | - | - |
| Gross operating margin9900 | -€11,565 | -€4,474 | €2,384 | -€5,032 | -€4,488 | ▲ 10.8% |
| Operating profit (loss)9901 | -€12,181 | -€6,207 | €334 | -€5,546 | -€5,016 | ▲ 9.6% |
| Financial income75/76B | €9 | €147 | €26 | €53 | €2 | ▼ 95.8% |
| Recurring financial income75 | €9 | €147 | €26 | €53 | €2 | ▼ 95.8% |
| Financial charges65/66B | €98 | €61 | €79 | €54 | €58 | ▲ 7.1% |
| Recurring financial charges65 | €98 | €61 | €79 | €54 | €58 | ▲ 7.1% |
| Profit (loss) for the period before taxes9903 | -€12,270 | -€6,120 | €282 | -€5,547 | -€5,072 | ▲ 8.6% |
| Income taxes67/77 | €48 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€12,318 | -€6,120 | €282 | -€5,547 | -€5,072 | ▲ 8.6% |
| Transfer from tax-exempt reserves789 | €450 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€11,868 | -€6,120 | €282 | -€5,547 | -€5,072 | ▲ 8.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52,083 | €46,350 | €47,361 | €40,716 | €35,629 | ▼ 12.5% |
| Fixed assets21/28 | €1,762 | €2,351 | €0 | - | - | - |
| Tangible fixed assets22/27 | €1,762 | €2,351 | €0 | - | - | - |
| Plant, machinery and equipment23 | €1,762 | €2,351 | €0 | - | - | - |
| Current assets29/58 | €50,321 | €43,999 | €47,361 | €40,716 | €35,629 | ▼ 12.5% |
| Stocks and contracts in progress3 | €29,397 | €30,428 | €25,102 | €25,102 | €23,777 | ▼ 5.3% |
| Stocks30/36 | €29,397 | €30,428 | €25,102 | €25,102 | €23,777 | ▼ 5.3% |
| Amounts receivable within one year40/41 | €4,814 | €2,684 | €4,495 | €2,908 | €409 | ▼ 85.9% |
| Trade receivables40 | €3,243 | €1,721 | €4,355 | €2,147 | €0 | ▼ 100% |
| Other amounts receivable41 | €1,571 | €963 | €140 | €761 | €409 | ▼ 46.2% |
| Cash at bank and in hand54/58 | €15,067 | €9,784 | €16,540 | €11,550 | €11,443 | ▼ 0.9% |
| Deferred charges and accrued income490/1 | €1,042 | €1,103 | €1,225 | €1,157 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52,083 | €46,350 | €47,361 | €40,716 | €35,629 | ▼ 12.5% |
| Equity10/15 | €22,862 | €16,742 | €17,024 | €11,477 | €6,405 | ▼ 44.2% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Reserves13 | €5,463 | €5,463 | €5,463 | €5,463 | €5,463 | = |
| Non-distributable reserves130/1 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves not available under the articles1311 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Distributable reserves133 | €2,463 | €2,463 | €2,463 | €2,463 | €2,463 | = |
| Profit (loss) carried forward14 | -€12,600 | -€18,721 | -€18,439 | -€23,986 | -€29,058 | ▼ 21.1% |
| Amounts payable17/49 | €29,220 | €29,608 | €30,337 | €29,239 | €29,224 | ▼ 0.1% |
| Amounts payable within one year42/48 | €29,220 | €29,608 | €30,337 | €29,239 | €29,224 | ▼ 0.1% |
| Trade debts44 | €799 | €276 | €169 | €0 | - | - |
| Suppliers440/4 | €799 | €276 | €169 | €0 | - | - |
| Taxes, remuneration and social security45 | €84 | €61 | €989 | €0 | - | - |
| Taxes450/3 | €84 | €61 | €989 | €0 | - | - |
| Other amounts payable47/48 | €28,337 | €29,271 | €29,179 | €29,239 | €29,224 | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,318 | -€6,120 | €282 | -€5,547 | -€5,072 | ▲ 8.6% |
| + Depreciation and write-downs630 | €386 | €569 | €0 | - | - | - |
| Operating cash flow (approximation) | -€11,932 | -€5,552 | €282 | -€5,547 | -€5,072 | ▲ 8.6% |
| Investment in fixed assets (approximation) | - | -€1,157 | €2,351 | - | - | - |
| Change in cash | - | -€5,283 | €6,756 | -€4,990 | -€107 | ▲ 97.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
31-12
Financial
Back to profitnet €282
Net result €282 after 2 loss-making years.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Weakest financial yearnet -€12,318
Net result drops to -€12,318, the lowest in the series; recovery starts the following year.
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 114 days late
2020
31-12
Financial
Highest result since 2018net €11,281 ▲2.5%
Operating result €13,690, net result €11,281, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 73 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1978
Ground area
257 m²
Building footprint
184 m²
Volume, LiDAR
1,356 m³
Parcel 34016A0523/00G007, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PREVO BVBA
since 19782.015.531.821
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016A0523/00G007 | Flanders | 257 m² | 1 · 184 m² | 12.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
7 categoriesPREVO BV18480
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-07-1978
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418655166
Registered
14-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.