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PRO-VOLT

Active Private limited companyfounded 2024active for 2 yearsRue du Parc 5, 7080 FrameriesKBO/BCE: BE 1014.163.902

Lifetime

1 annual account with figures
peak €395 (2024)
€395 
peak €150 (2024)
€150 
peak €3,150 (2024)
€3,150 
€5,474 
Board2 names since 2024
2 directorsBRANCART Gaston, Simon, Albert and 1 other
Documentsfilings and deeds
01-10-202562 days late
2024micro format
Incorporation 30-091 establishment registeredFirst year with figures

Key points

from the 2024 annual accounts

Turnover

≈ €3,200 estimated

The micro format states no turnover.

Position in the sector

€3,150

Less equity than 89% of companies in specialised construction. Sector median €58,287 · 35,973 companies.

2024 accounts filed 62 days after the deadline

Checked score

38
Weak
Financially stronger than 37% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 10-2025: 1.9%lowest value 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 2.0%▲ +0.1 percentage points vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.1%▲ +0.1 percentage points vs 03-2026 05-2026: 2.2%▲ +0.1 percentage points vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.2%● unchanged vs 06-2026 08-2026: 2.7%▲ +0.5 percentage points vs 07-2026 09-2026: 3.2%▲ +0.5 percentage points vs 08-2026 10-2026: 4.9%▲ +1.7 percentage points vs 09-2026highest value 11-2026: 4.9%● unchanged vs 10-2026highest value

Financial strength
Average

62equity 36.5% of total assets
44short-term debt 53.0% · cash 16.7%
71return on assets 1.7%

Score breakdown

raises risk
Figures for financial year 2024 (filed on 01-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 62 days late; 1 of the last 3 accounts late
Founded in 2024
lowers risk
Liquidity: current ratio 1.19, cash €1,442
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 39% of them on solvency, 34% on liquidity and 40% on profitability.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,546 companies had the same profile as PRO-VOLT has now. Each dot stands for 7 companies, two years later.

94.2%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of PRO-VOLT itself is higher: 4.9% within 12 months. It rests on far more data about PRO-VOLT than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,546 companies, not a prediction for PRO-VOLT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No publishable credit limit, so credit only on tighter terms

Liquidity is tight, with a current ratio of 1.19, below the usual 1.5. Short-term debt is 53% and cash 16.7% of total assets. 63.5% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 01-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 62 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.19, cash €1,442
NBB · annual accounts
raises risk · 2024 accounts filed 62 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
62 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 62 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

  • DEGREVE Thomas, Gaston, Xavier 60 sharesdeed of 30-09-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1014163902
First establishment Rue du Parc 5, Frameries
Incorporation Founding capital of €3,000, 60 shares · Founder: DEGREVE Thomas, Gaston, Xavier · Appointments: DEGREVE Thomas, Gaston, Xavier (director) and BRANCART Gaston, Simon, Albert (director) · published on 30-09-2024 · Gazette deed
All 4 events

Comparable companies

same main activity, similar in size and age
Company
PRO-VOLT Frameries €8,624 €395 36.5% -
SMX TECHNOLOGY Charleroi €10,065 -€12,126 -187.6% -
EML ELECTRICITE Wezembeek-Oppem €8,290 €364 49.5% -
MJ CONFORT ELEC Courcelles €11,255 €26 0.1% -
MULTI TECH SOLUTION Tournai €8,765 €91 67.4% -
Zonnefixers Genk €7,923 -€7,546 -89.4% -
SOLARNEST Ans €8,093 €810 99.0% -

These companies have the same main activity as PRO-VOLT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €7,920 and €11,300, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 26-09-2024Normal situation
Activity
General electrical installation workNACE 43211and 2 others
Establishment unit
2.364.634.2277080 Frameries, since 01-10-2024
Financial year end
31 December
Peppol
Reachable since 14-01-2026
Company details

Annual accounts 2024

€8,624
Filing
Filed on 01-10-2025
Financials

Insights on PRO-VOLT

The computed 12-month bankruptcy probability of PRO-VOLT is 4.9% (elevated). The 2024 annual accounts show equity of €3,150 and a net result of €150.

Its solvency ranks better than 39% of 35,956 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PRO-VOLT

What is the company number of PRO-VOLT?
The company number of PRO-VOLT is 1014.163.902. The VAT number is the same number with BE in front: BE 1014.163.902.
Where is PRO-VOLT based?
The registered office is at Rue du Parc 5, 7080 Frameries.Company details
What does PRO-VOLT do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of PRO-VOLT?
PRO-VOLT is a private limited company (BV).
When was PRO-VOLT founded?
PRO-VOLT was founded on 26-09-2024.
Is PRO-VOLT still active?
Yes, PRO-VOLT is an active enterprise in the KBO register.
What is the turnover of PRO-VOLT?
The turnover in financial year 2024 is ≈ €3,200. This figure is estimated from the gross margin of €395 and 97 comparable companies (NACE 43211). It probably lies between €2,100 and €6,800. It is a rough estimate.Financials
Is PRO-VOLT profitable?
In financial year 2024, PRO-VOLT made a profit of €150.
Where can I find the annual accounts of PRO-VOLT?
PRO-VOLT filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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