Produval
ActiveThe file of Produval contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.8% (low). The 2025 annual accounts show negative equity (€-1.19M) and a net result of €-210k. Equity is shrinking by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 85 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record85
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.29 in 2024; short-term debt: 445.2% and cash: 1.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-345.2%
Return on assets
-61%
Age of the figures
18 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 11
Relative position
BE, all sectors
reference
Manufacture of beverages (NACE 11)
about 8% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-1.19M
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
31 d early
2023
131 d early
2022
24 d late
2021
389 d late
2020
754 d late
2019
1112 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€48k
EBIT margin
-192.6%
Net result
€-210k▲ 4.4%
2024 · €-220k
2019: €-93k
2020: €-209k▼ -123% vs 2019
2021: €-233k▼ -11.7% vs 2020lowest in 7 years
2022: €-48k▲ +79.2% vs 2021highest in 7 years
2023: €-216k▼ -345% vs 2022
2024: €-220k▼ -2.0% vs 2023
2025: €-210k▲ +4.4% vs 2024
2019 → 2025
Working capital
€-1.49M▼ 1,983%
2024 · €-72k
2019: €-306k
2020: €-465k▼ -52.1% vs 2019
2021: €-742k▼ -59.5% vs 2020
2022: €-769k▼ -3.6% vs 2021
2023: €-994k▼ -29.3% vs 2022
2024: €-72k▲ +92.8% vs 2023highest in 7 years
2025: €-1.49M▼ -1983% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-496k-€-544k▼ 9.8%€-760k▼ 39.6%€-980k▼ 28.9%€-1.19M▼ 21.5%
2021: €-496khighest in 5 years
2022: €-544k▼ -9.8% vs 2021
2023: €-760k▼ -39.6% vs 2022
2024: €-980k▼ -28.9% vs 2023
2025: €-1.19M▼ -21.5% vs 2024lowest in 5 years
Operating result€-233k-€-48k▲ 79.3%€-215k▼ 344%€-220k▼ 2.3%€-210k▲ 4.3%
2021: €-233klowest in 5 years
2022: €-48k▲ +79.3% vs 2021highest in 5 years
2023: €-215k▼ -344% vs 2022
2024: €-220k▼ -2.3% vs 2023
2025: €-210k▲ +4.3% vs 2024
Net result€-233k-€-48k▲ 79.2%€-216k▼ 345%€-220k▼ 2.0%€-210k▲ 4.4%
2021: €-233klowest in 5 years
2022: €-48k▲ +79.2% vs 2021highest in 5 years
2023: €-216k▼ -345% vs 2022
2024: €-220k▼ -2.0% vs 2023
2025: €-210k▲ +4.4% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €210k in 2025 against €220k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €345k
Fixed assets
€303k ▼ 8.5%
Current assets
€42k ▲ 42.5%
Key figures and ratios
EBITDA
€-163k▲
2024 · €-169k
Cash flow
€-163k▲
2024 · €-169k
Solvency
-345.2%▼
2024 · -271.8%
Current ratio
0.03▼
2024 · 0.29
Quick ratio
0.01▼
2024 · 0.29
Debt to equity
-1.29▲
2024 · -1.37
ROA
-61.0%=
2024 · -61.0%
Interest coverage
-1017.86▼
2024 · -952.05
Debt
€1.53M▲
2024 · €1.34M
Debt ≤ 1 year
€1.53M▲
2024 · €101k
Staff costs
€63k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€360k€345k▼
Fixed assets21/28€331k€303k▼
Tangible fixed assets22/27€325k€297k▼
Land and buildings22€235k€215k▼
Plant, machinery and equipment23€74k€68k▼
Furniture and vehicles24€17k€14k▼
Financial fixed assets28€5k€5k=
Current assets29/58€29k€42k▲
Stocks and contracts in progress3-€19k
Stocks30/36-€19k
Amounts receivable within one year40/41€29k€18k▼
Trade receivables40-€15k
Other amounts receivable41€29k€3k▼
Cash at bank and in hand54/58€429€4k▲
Equity and liabilities
Total equity and liabilities10/49€360k€345k▼
Equity10/15€-980k€-1.19M▼
Contributions10/11€219k€219k=
Capital10€219k€219k=
Issued capital100€219k€219k=
Profit (loss) carried forward14€-1.20M€-1.41M▼
Amounts payable17/49€1.34M€1.53M▲
Amounts payable after more than one year17€1.24M-
Financial debts170/4€1.24M-
Amounts payable within one year42/48€101k€1.53M▲
Trade debts44€21k€12k▼
Suppliers440/4€21k€12k▼
Taxes, remuneration and social security45€81k-
Taxes450/3€63k-
Remuneration and social security454/9€18k-
Other amounts payable47/48-€1.52M
Income statement
Code20242025
Remuneration, social security and pensions62-€63k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€47k▼
Other operating charges640/8€5k€832▼
Gross operating margin9900€-164k€-99k▲
Operating profit (loss)9901€-220k€-210k▲
Financial income75/76B€1€271▲
Recurring financial income75€1€271▲
Non-recurring financial income76B€1€271▲
Financial charges65/66B€178€259▲
Recurring financial charges65€178€161▼
Non-recurring financial charges66B-€98
Profit (loss) for the period before taxes9903€-220k€-210k▲
Profit (loss) for the period9904€-220k€-210k▲
Profit (loss) for the period to be appropriated9905€-220k€-210k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.20M€-1.41M▼
Profit (loss) brought forward from the previous period14P€-979k€-1.20M▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €150 | - | €200 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €17k | €24k | €189k | - | - | - |
| Remuneration, social security and pensions62 | €192k | - | - | - | €63k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €24k | €26k | €51k | €47k | ▼ 7.3% |
| Other operating charges640/8 | €54 | €167 | - | €5k | €832 | ▼ 82.2% |
| Gross operating margin9900 | €-17k | €-24k | €-188k | €-164k | €-99k | ▲ 39.6% |
| Operating profit (loss)9901 | €-233k | €-48k | €-215k | €-220k | €-210k | ▲ 4.3% |
| Financial income75/76B | - | - | €5 | €1 | €271 | ▲ 31,724% |
| Recurring financial income75 | - | - | €5 | €1 | €271 | ▲ 31,724% |
| Non-recurring financial income76B | - | - | - | €1 | €271 | ▲ 31,724% |
| Financial charges65/66B | €63 | €179 | €934 | €178 | €259 | ▲ 45.7% |
| Recurring financial charges65 | €63 | €179 | €934 | €178 | €161 | ▼ 9.6% |
| Non-recurring financial charges66B | - | - | - | - | €98 | - |
| Profit (loss) for the period before taxes9903 | €-233k | €-48k | €-216k | €-220k | €-210k | ▲ 4.4% |
| Profit (loss) for the period9904 | €-233k | €-48k | €-216k | €-220k | €-210k | ▲ 4.4% |
| Profit (loss) for the period to be appropriated9905 | €-233k | €-48k | €-216k | €-220k | €-210k | ▲ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €250k | €238k | €314k | €360k | €345k | ▼ 4.3% |
| Fixed assets21/28 | €246k | €224k | €234k | €331k | €303k | ▼ 8.5% |
| Intangible fixed assets21 | €519 | €345 | €174 | - | - | - |
| Tangible fixed assets22/27 | €240k | €219k | €228k | €325k | €297k | ▼ 8.7% |
| Land and buildings22 | €174k | €162k | €180k | €235k | €215k | ▼ 8.5% |
| Plant, machinery and equipment23 | €66k | €57k | €48k | €74k | €68k | ▼ 8.1% |
| Furniture and vehicles24 | - | - | - | €17k | €14k | ▼ 13.0% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €5k | = |
| Current assets29/58 | €4k | €13k | €80k | €29k | €42k | ▲ 42.5% |
| Stocks and contracts in progress3 | - | - | - | - | €19k | - |
| Stocks30/36 | - | - | - | - | €19k | - |
| Amounts receivable within one year40/41 | €2k | €5k | €80k | €29k | €18k | ▼ 36.7% |
| Trade receivables40 | - | - | - | - | €15k | - |
| Other amounts receivable41 | €2k | €5k | €80k | €29k | €3k | ▼ 89.1% |
| Cash at bank and in hand54/58 | €2k | €9k | €285 | €429 | €4k | ▲ 864% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €250k | €238k | €314k | €360k | €345k | ▼ 4.3% |
| Equity10/15 | €-496k | €-544k | €-760k | €-980k | €-1.19M | ▼ 21.5% |
| Contributions10/11 | €219k | €219k | €219k | €219k | €219k | = |
| Capital10 | - | €219k | €219k | €219k | €219k | = |
| Issued capital100 | - | €219k | €219k | €219k | €219k | = |
| Profit (loss) carried forward14 | €-715k | €-763k | €-979k | €-1.20M | €-1.41M | ▼ 17.5% |
| Amounts payable17/49 | €746k | €782k | €1.07M | €1.34M | €1.53M | ▲ 14.5% |
| Amounts payable after more than one year17 | - | - | - | €1.24M | - | - |
| Financial debts170/4 | - | - | - | €1.24M | - | - |
| Amounts payable within one year42/48 | €746k | €782k | €1.07M | €101k | €1.53M | ▲ 1,418% |
| Current portion of amounts payable after more than one year42 | €13k | €13k | - | - | - | - |
| Trade debts44 | €5k | €9k | €22k | €21k | €12k | ▼ 39.3% |
| Suppliers440/4 | €5k | €9k | €22k | €21k | €12k | ▼ 39.3% |
| Taxes, remuneration and social security45 | €199k | €199k | €95k | €81k | - | - |
| Taxes450/3 | €63k | €63k | €63k | €63k | - | - |
| Remuneration and social security454/9 | €136k | €136k | €32k | €18k | - | - |
| Other amounts payable47/48 | €529k | €562k | €957k | - | €1.52M | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-233k | €-48k | €-216k | €-220k | €-210k | ▲ 4.4% |
| + Depreciation and write-downs630 | €24k | €24k | €26k | €51k | €47k | ▼ 7.3% |
| Operating cash flow (approximation) | €-209k | €-24k | €-189k | €-169k | €-163k | ▲ 3.5% |
| Investment in fixed assets (approximation) | - | €-3k | €-36k | €-147k | €-19k | ▲ 87.3% |
| Change in cash | - | €7k | €-8k | €144 | €4k | ▲ 2,476% |
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
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 389 days late
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 754 days late
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 1112 days late
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1476 days late
2021
31-03
Financial
Weakest financial yearnet €-233k
Net result drops to €-233k, the lowest in the series; recovery starts the following year.
2020
11-03
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise de Liège, division Neufchâteau · event 06-03-2020
2019
27-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · event 20-12-2019
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 52 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Erezée · 1 establishment unit since 1997
Ground area
1,493 m²
Building footprint
260 m²
Parcel 83048D0507/00K000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
PRODUVAL
since 19972.082.001.070
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83048D0507/00K000 | Wallonia | 1,493 m² | 1 · 260 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENOIT CHAMBERLAND RUE VICTOR LIBERT 45,
6900 MARCHE-EN-FAMENNE |
20-12-2019 → 06-03-2020 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteErezée2.082.001.070
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Of 97 companies in sector 11070 we hold annual accounts for 50. 17 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-04-1997
Fiscal year end31-03
Activities, NACEBEL 2025
11070Manufacture of beverages
46349Wholesale of beverages, general range
Contact
E-mail
Distrival@lovie.be
E-mail
Produval@lovie.be
Phone
0460.550.258
Scores and ratios are computed by Checked and are not a credit decision.