Turnover
The micro format states no turnover.
The micro format states no turnover.
Less equity than 89% of companies in specialised construction. Sector median €58,287 · 35,973 companies.
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).
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).
In July 2024, 2,546 companies had the same profile as PRO-VOLT has now. Each dot stands for 7 companies, two years later.
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.
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.
| 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.
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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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.
| 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.
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.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €3,200. Estimated: probably between €2,100 and €6,800.
Higher than 39% of 35,956 companies in 2024.
Higher than 29% of 35,354 companies in 2024.
Higher than 32% of 35,538 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2024 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
8,624 | |
20 |
1,742 | |
21/28 |
1,436 | |
22/27 |
1,436 | |
23 |
856 | |
24 |
580 | |
29/58 |
5,446 | |
3 |
1,000 | |
37 |
1,000 | |
40/41 |
3,004 | |
41 |
3,004 | |
54/58 |
1,442 | |
| Balance sheet: equity and liabilities | ||
10/49 |
8,624 | |
10/15 |
3,150 | |
10/11 |
3,000 | |
14 |
150 | |
17/49 |
5,474 | |
42/48 |
4,574 | |
44 |
858 | |
440/4 |
858 | |
46 |
1,060 | |
45 |
1,574 | |
450/3 |
1,574 | |
47/48 |
1,082 | |
492/3 |
900 | |
| Income statement | ||
9900 |
395 | |
630 |
162 | |
9901 |
233 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
10 | |
65 |
10 | |
9903 |
224 | |
67/77 |
74 | |
9904 |
150 | |
9905 |
150 | |
| Appropriation of the result | ||
9906 |
150 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2024 at the NBB, filed on 01-10-2025.
2024 annual accounts filed 62 days after the deadline. Filed on 1 October 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00526416.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 01-10-2025 | 2025-00526416 |
| Line | Trend | 2024 |
|---|---|---|
| 395 | ||
| 312 | ||
| 1,482 | ||
| 872 | ||
| 36.5% | ||
| 1.19 | ||
| 0.97 | ||
| 1.74 | ||
| 4.8% | ||
| 1.7% | ||
| 41.59 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2024 |
|---|---|
| Tangible fixed assets | €1,482 |
| €162 |
Source: notes to the 2024 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 63.5%.
PRO-VOLT has no parent and no holdings in its annual accounts.
The connected companies are in the list below.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Parc 5 registered office 7080 Frameries | 01-10-2024 | 2.364.634.227 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 53045C0184/00K002 | 416 m² | 1 · 53 m² | 10.7 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1014.163.902
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