PROVALUE
ActiveSummary
PROVALUE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.49M and a net result of €158k. Equity is shrinking by ~16.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+32
Solvency56▲+8
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.77 in 2024; short-term debt: 68.4% and cash: 8.5% of total assets), and 68.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.1%
Return on assets
3.3%
Age of the figures
15 mo
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 d early
2024
on the day
2023
1 d early
2022
on the day
2021
on the day
2020
2 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.49M▲ 11.8%
2024 · €1.34M
2019: €3.86Mhighest in 7 years
2020: €3.48M▼ -9.8% vs 2019
2021: €3.20M▼ -8.0% vs 2020
2022: €2.61M▼ -18.4% vs 2021
2023: €1.96M▼ -25.0% vs 2022
2024: €1.34M▼ -31.8% vs 2023lowest in 7 years
2025: €1.49M▲ +11.8% vs 2024
2019 → 2025
Total assets
€4.81M▼ 16.3%
2024 · €5.75M
2019: €7.36M
2020: €11.81M▲ +60.5% vs 2019highest in 7 years
2021: €8.55M▼ -27.6% vs 2020
2022: €7.10M▼ -16.9% vs 2021
2023: €6.35M▼ -10.5% vs 2022
2024: €5.75M▼ -9.5% vs 2023
2025: €4.81M▼ -16.3% vs 2024lowest in 7 years
2019 → 2025
Net result
€158k
2024 · €-389k
2019: €6.80Mhighest in 7 years
2020: €-380k▼ -106% vs 2019
2021: €191k▲ +150% vs 2020
2022: €412k▲ +116% vs 2021
2023: €-52k▼ -113% vs 2022
2024: €-389k▼ -647% vs 2023lowest in 7 years
2025: €158k▲ +141% vs 2024
2019 → 2025
Working capital
€-2.81M▼ 176%
2024 · €-1.02M
2019: €3.26Mhighest in 7 years
2020: €570k▼ -82.5% vs 2019
2021: €285k▼ -49.9% vs 2020
2022: €-231k▼ -181% vs 2021
2023: €-608k▼ -164% vs 2022
2024: €-1.02M▼ -67.9% vs 2023
2025: €-2.81M▼ -176% 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€3.20M-€2.61M▼ 18.4%€1.96M▼ 25.0%€1.34M▼ 31.8%€1.49M▲ 11.8%
2021: €3.20Mhighest in 5 years
2022: €2.61M▼ -18.4% vs 2021
2023: €1.96M▼ -25.0% vs 2022
2024: €1.34M▼ -31.8% vs 2023lowest in 5 years
2025: €1.49M▲ +11.8% vs 2024
Operating result€354k-€500k▲ 41.1%€81k▼ 83.8%€-211k€407k
2021: €354k
2022: €500k▲ +41.1% vs 2021highest in 5 years
2023: €81k▼ -83.8% vs 2022
2024: €-211k▼ -360% vs 2023lowest in 5 years
2025: €407k▲ +293% vs 2024
Net result€191k-€412k▲ 116%€-52k€-389k▼ 647%€158k
2021: €191k
2022: €412k▲ +116% vs 2021highest in 5 years
2023: €-52k▼ -113% vs 2022
2024: €-389k▼ -647% vs 2023lowest in 5 years
2025: €158k▲ +141% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €407k after a loss of €211k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.81M
Fixed assets
€4.33M ▲ 83.4%
Current assets
€479k ▼ 85.8%
Equity and liabilities €4.81M
Equity
€1.49M ▲ 11.8%
Debt
€3.32M ▼ 24.8%
Debt's share of the balance-sheet total falls from 76.7% to 68.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€535k▲
2024 · €-143k
Cash flow
€286k▲
2024 · €-321k
Current ratio
0.15▼
2024 · 0.77
Debt to equity
2.22▼
2024 · 3.30
ROE
10.6%▲
2024 · -29.1%
ROA
3.3%▲
2024 · -6.8%
Interest coverage
2.30▲
2024 · -0.55
Debt ≤ 1 year
€3.29M▼
2024 · €4.40M
Income taxes
€16k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.75M€4.81M▼
Fixed assets21/28€2.36M€4.33M▲
Tangible fixed assets22/27€2.19M€4.16M▲
Land and buildings22€2.13M€4.12M▲
Furniture and vehicles24€61k€40k▼
Financial fixed assets28€175k€175k=
Current assets29/58€3.38M€479k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€2.68M€0▼
Stocks30/36€2.68M€0▼
Amounts receivable within one year40/41€0€8k▲
Trade receivables40€0€8k▲
Cash at bank and in hand54/58€705k€408k▼
Deferred charges and accrued income490/1€3k€63k▲
Equity and liabilities
Total equity and liabilities10/49€5.75M€4.81M▼
Equity10/15€1.34M€1.49M▲
Contributions10/11€19k€19k=
Reserves13€1.32M€1.48M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.32M€1.48M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€4.41M€3.32M▼
Amounts payable within one year42/48€4.40M€3.29M▼
Financial debts43€4.26M€2.49M▼
Credit institutions430/8€4.26M€2.49M▼
Trade debts44€37k€37k▲
Suppliers440/4€37k€37k▲
Taxes, remuneration and social security45€35k€16k▼
Taxes450/3€35k€16k▼
Other amounts payable47/48€74k€746k▲
Accrued charges and deferred income492/3€5k€24k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€128k▲
Other operating charges640/8€34k€36k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€-109k€570k▲
Operating profit (loss)9901€-211k€407k▲
Financial income75/76B€81k€10▼
Recurring financial income75€81k€10▼
Financial charges65/66B€259k€232k▼
Recurring financial charges65€259k€232k▼
Profit (loss) for the period before taxes9903€-389k€175k▲
Income taxes67/77-€16k
Profit (loss) for the period9904€-389k€158k▲
Profit (loss) for the period to be appropriated9905€-389k€158k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-389k€158k▲
Transfer from equity791/2€625k€0▼
Transfer to equity691/2-€158k
To other reserves6921-€158k
Profit to be distributed694/7€235k€0▼
Return on contributions (dividend)694€235k€0▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (15 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64k | €59k | €74k | €68k | €128k | ▲ 87.7% |
| Other operating charges640/8 | - | €71k | €34k | €34k | €36k | ▲ 4.8% |
| Non-recurring operating charges66A | - | €3k | €-3k | €0 | - | - |
| Gross operating margin9900 | €437k | €633k | €187k | €-109k | €570k | ▲ 624% |
| Operating profit (loss)9901 | €354k | €500k | €81k | €-211k | €407k | ▲ 293% |
| Financial income75/76B | - | €60 | €0 | €81k | €10 | ▼ 100.0% |
| Recurring financial income75 | €361 | €60 | €0 | €81k | €10 | ▼ 100.0% |
| Financial charges65/66B | - | €77k | €133k | €259k | €232k | ▼ 10.3% |
| Recurring financial charges65 | €145k | €77k | €133k | €259k | €232k | ▼ 10.3% |
| Profit (loss) for the period before taxes9903 | €210k | €423k | €-52k | €-389k | €175k | ▲ 145% |
| Income taxes67/77 | €19k | €11k | €0 | - | €16k | - |
| Profit (loss) for the period9904 | €191k | €412k | €-52k | €-389k | €158k | ▲ 141% |
| Profit (loss) for the period to be appropriated9905 | €191k | €412k | €-52k | €-389k | €158k | ▲ 141% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.55M | €7.10M | €6.35M | €5.75M | €4.81M | ▼ 16.3% |
| Fixed assets21/28 | €2.92M | €2.85M | €2.57M | €2.36M | €4.33M | ▲ 83.4% |
| Tangible fixed assets22/27 | €2.57M | €2.50M | €2.22M | €2.19M | €4.16M | ▲ 90.1% |
| Land and buildings22 | - | €2.48M | €2.14M | €2.13M | €4.12M | ▲ 93.7% |
| Furniture and vehicles24 | - | €21k | €82k | €61k | €40k | ▼ 34.3% |
| Financial fixed assets28 | €350k | €350k | €350k | €175k | €175k | = |
| Current assets29/58 | €5.62M | €4.25M | €3.78M | €3.38M | €479k | ▼ 85.8% |
| Amounts receivable after more than one year29 | - | €333k | €333k | €0 | - | - |
| Trade receivables290 | - | €333k | €0 | - | - | - |
| Other amounts receivable291 | - | - | €333k | €0 | - | - |
| Stocks and contracts in progress3 | €3.54M | €2.65M | €2.65M | €2.68M | €0 | ▼ 100% |
| Stocks30/36 | - | €2.65M | €2.65M | €2.68M | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €5k | €92k | €10k | €0 | €8k | - |
| Trade receivables40 | - | €92k | €10k | €0 | €8k | - |
| Cash at bank and in hand54/58 | €980k | €1.06M | €778k | €705k | €408k | ▼ 42.2% |
| Deferred charges and accrued income490/1 | - | €109k | €3k | €3k | €63k | ▲ 1,717% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.55M | €7.10M | €6.35M | €5.75M | €4.81M | ▼ 16.3% |
| Equity10/15 | €3.20M | €2.61M | €1.96M | €1.34M | €1.49M | ▲ 11.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €3.18M | €2.59M | €1.94M | €1.32M | €1.48M | ▲ 12.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €2.59M | €1.94M | €1.32M | €1.48M | ▲ 12.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €5.34M | €4.48M | €4.39M | €4.41M | €3.32M | ▼ 24.8% |
| Amounts payable within one year42/48 | €5.34M | €4.48M | €4.39M | €4.40M | €3.29M | ▼ 25.2% |
| Financial debts43 | - | €4.25M | €4.24M | €4.26M | €2.49M | ▼ 41.4% |
| Credit institutions430/8 | - | €4.25M | €4.24M | €4.26M | €2.49M | ▼ 41.4% |
| Trade debts44 | €71k | €130k | €62k | €37k | €37k | ▲ 1.4% |
| Suppliers440/4 | - | €130k | €62k | €37k | €37k | ▲ 1.4% |
| Taxes, remuneration and social security45 | - | €11k | €0 | €35k | €16k | ▼ 54.3% |
| Taxes450/3 | - | €11k | €0 | €35k | €16k | ▼ 54.3% |
| Other amounts payable47/48 | - | €87k | €80k | €74k | €746k | ▲ 914% |
| Accrued charges and deferred income492/3 | - | €4k | €4k | €5k | €24k | ▲ 373% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €191k | €412k | €-52k | €-389k | €158k | ▲ 141% |
| + Depreciation and write-downs630 | €64k | €59k | €74k | €68k | €128k | ▲ 87.7% |
| Operating cash flow (approximation) | €255k | €472k | €22k | €-321k | €286k | ▲ 189% |
| Investment in fixed assets (approximation) | - | €17k | €200k | €143k | €-2.10M | ▼ 1,566% |
| Change in cash | - | €82k | €-283k | €-73k | €-297k | ▼ 306% |
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
2026
08-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €158k
Net result €158k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-389k
Net result drops to €-389k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €191k
Net result €191k after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Leuven
Ground area
495 m²
Building footprint
442 m²
Volume, LiDAR
4,518 m³
Parcel 24502B0920/00C000, Flanders · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
23
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B0920/00C000 | Flanders | 495 m² | 1 · 442 m² | 13.5 m · 4 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded24-04-2015
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.