Equity
€1.5m from €3.9m in 2019
Equity fell by 61% in 6 years.
PROVALUE
Lifetime
10 annual accounts with figures on one time axispeak €633,259 (2022)
€570,403▲ €679,206
lowest -€389,327 (2024)
€158,091▲ €547,418
peak €3.9m (2019)
€1.5m▲ 11.8%
€3.3m▼ 24.8%
peak 0 FTE (2023)
-not published
Board2 names since 2015
2 directorsDESCHILDRE Steve and 1 other
Documentsfilings and deeds
08-01-202623 days before the deadline
2025abbreviated format
Gross margin from -€108,803 to €570,403Back to profit: €158,091Debts from €4.4m to €3.3mInvestments €2.1mCash from €705,199 to €407,761
Key points
from the 2025 annual accountsResult
€158,091 €158,091
Back in profit in 2025, after a loss of €389,327 in 2024.
Investments
€2.1m 16.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 93.7% higher than in 2024.
Liquidity
0.15 was 0.77 in 2024
Short-term debts fell from €4.4m to €3.3m.
Filings
10 annual accounts since 2016
The last five annual accounts were filed 0 to 23 days before the end of the period.
At the same address
22 companies
Checked score
93
Excellent
Financially stronger than 44% of small companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.2%▲ +0.1 percentage points vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025highest value
02-2026: < 0.1%▼ -0.3 percentage points vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
No registered site in the KBO
lowers risk
Size: total assets €4.8m
Figures for financial year 2025 (filed on 08-01-2026)
Founded in 2015
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 (no NACE code, small). It does better than 34% of them on solvency, 16% on liquidity, 46% on profitability and 78% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 6,049 companies had the same profile as PROVALUE has now. Each dot stands for 16 companies, two years later.
95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
That fits the bankruptcy probability of PROVALUE itself: < 0.1% within 12 months.
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.
| 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 6,049 companies, not a prediction for PROVALUE. 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
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.15 (0.77 in 2024), below 1. Short-term debt is 68.4% and cash 8.5% of total assets. 68.9% 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 riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 days early
2024
on the day
2023
1 day early
2022
on the day
2021
on the day
2020
2 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 4 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Board and ownership
DS
DESCHILDRE Steve
Director
MP
MYNY Pieter
Director
Shares in 2 companies, Morevalue and Hestia Real Estate Single Member SA
Board & ownershipRecent changes
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Gent
Amendment of the articles · Legal-form change · Resignations & appointments
Director in office: MYNY Pieter · Director in office: DESCHILDRE Steve · General meeting of 22-12-2023 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Gent
Incorporation
published on 28-04-2015 · Gazette deed
Official details
Source: KBO- Status
- Active since 24-04-2015Normal situation
- Registered office
- 23 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- “Het beheer van onroerend of roerend vermogen, het aankopen, verhuren, uitbaten van onroerende goederen…” (deed in Dutch)From the articles, 19 activitiesNo NACE code in the KBO yet
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2025
- ≈ €1.3mestimated
- €4.8m▼ 16.3%
- Filing
- Filed on 08-01-2026, 23 days before the end of the filing period
Insights on PROVALUE
PROVALUE files the abbreviated format. That format states no turnover. The gross margin rose from -€2,398 in 2016 to €570,403 in 2025.
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 PROVALUE
- What is the company number of PROVALUE?
- The company number of PROVALUE is 0628.859.017. The VAT number is the same number with BE in front: BE 0628.859.017.
- Where is PROVALUE based?
- The registered office is at Naamsestraat 9, 3000 Leuven.Company details
- What is the legal form of PROVALUE?
- PROVALUE is a private limited company (BV).
- When was PROVALUE founded?
- PROVALUE was founded on 24-04-2015.
- Is PROVALUE still active?
- Yes, PROVALUE is an active enterprise in the KBO register.
- What is the turnover of PROVALUE?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €570,403 and 2,275 comparable companies of the same size. It probably lies between €810,000 and €2.3m. It is a rough estimate.Financials
- Is PROVALUE profitable?
- In financial year 2025, PROVALUE made a profit of €158,091.
- Where can I find the annual accounts of PROVALUE?
- PROVALUE filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROVALUE due?
- PROVALUE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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