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PRO-VOLT

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

Overview

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.

Credit check for an amount and term of your choice

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.

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

€395
€150
€3,150
€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.

Financials

Annual accounts 2024

micro format, filed on 01-10-2025, 62 days late
€395
€233
€150
€872
36.5%
1.19

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.

Balance sheet

balance sheet total €8,624 on 31-12-2024
What the company ownsHow it is paid for

Position in the sector

36.5%

Higher than 39% of 35,956 companies in 2024.

1.19

Higher than 29% of 35,354 companies in 2024.

1.7%

Higher than 32% of 35,538 companies in 2024.

PRO-VOLT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2024
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 PDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

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 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2024
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.

Investments

fixed assets acquired
Item2024
Tangible fixed assets€1,482
€162

Source: notes to the 2024 annual accounts (statement of fixed assets)

Insights on PRO-VOLT

Debt's share of the balance-sheet total is 63.5%.

Board & ownership

Board

2 directors, since incorporation
Director (not named in the articles)
appointed by deed of 30-09-2024 term without a fixed end
also on the board of 1 other company
Director (not named in the articles)
appointed by deed of 30-09-2024 term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 30-09-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
BRANCART Gaston, Simon, Albert
Director (not named in the articles)
DEGREVE Thomas, Gaston, Xavier
Director (not named in the articles)
Board
Mandates as a list
  • BRANCART Gaston, Simon, Albert
    • Director (not named in the articles), appointed by deed of 30-09-2024, still in office
  • DEGREVE Thomas, Gaston, Xavier
    • Director (not named in the articles), appointed by deed of 30-09-2024, still in office

See the board, name and registered office on a given date →

Control

This company
PRO-VOLT
Equity €3,150
Profit €150 in 2024

Capital

Contribution
€3,000
Shares
60
Contribution per share
€50
Equity per share
€52.50 in 2024
Source
deed of 30-09-2024

Articles of association

deed of 30-09-2024 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor

Shareholders

At incorporation deed of 30-09-2024 ↗

Network & group

No group

PRO-VOLT has no parent and no holdings in its annual accounts.

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
HOBBY MOTO
via BRANCART Gaston, Simon, Albert · Director (not named in the articles) · deed of 30-06-2023
Founded in 1998 · total assets €963,365 (2025)
→

Timeline

Timeline

4 events since 2024
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:1014163902
2025
Annual accounts 2024 filed NBBmicro format · 62 days late
2024
First establishment Rue du Parc 5, Frameries
IncorporationFounding 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 30-09-20244 points ▸

Open the deed in the Belgian Official Gazette

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1014.163.902
VAT number
BE 1014.163.902
Peppol ID
0208:1014163902
Legal form
Private limited company
Status
Active, normal situation
Founded
26-09-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June
deed of 30-09-2024 (in French)
Peppol
Reachable since 14-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
PRO-VOLT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-09-2024 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
43211 Specialised construction activities main activity
33140 Repair, maintenance and installation of machinery and equipment
43212 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Distribueràsesactionnairesunavantagedirectouindirect”
deed of 30-09-2024 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue du Parc 5 registered office 7080 Frameries 01-10-2024 2.364.634.227

Buildings and parcels at the address

Ground area
416 m²
Buildings
53 m²
Volume, LiDAR
460 m³
Tallest building
10.7 m
Buildings to scale, each on its own parcel
53 m², 10.7 m 53 m², 10.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
53045C0184/00K002416 m² 1 · 53 m² 10.7 m · 3

Invoicing and payment

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