PROVAN
ActiveSummary
For PROVAN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €161,849 and a net result of €3,467. Equity is growing by ~3.8% per year across the filed fiscal years. The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability43▼-3
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 2023Solvency, return and age of the figures
Solvency
96.3%
Return on assets
2.1%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-06-2024, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
35 d early
2022
43 d late
2021
30 d late
2020
59 d early
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 10 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€161,849▲ 2.2%
2022 · €158,382
Total assets
€168,082▲ 3.2%
2022 · €162,880
Net result
€3,467▼ 39.0%
2022 · €5,686
Working capital
€140,525▲ 5.4%
2022 · €133,309
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€145€899▲ 520%-€3,501-€1,000▲ 71.4%-€2,319▼ 132%
Net result€6,089▲ 54.9%€8,862▲ 45.5%€3,302▼ 62.7%€5,686▲ 72.2%€3,467▼ 39.0%
Equity€140,532▲ 4.5%€149,394▲ 6.3%€152,696▲ 2.2%€158,382▲ 3.7%€161,849▲ 2.2%
Total assets€144,232▲ 5.4%€157,529▲ 9.2%€162,483▲ 3.1%€162,880▲ 0.2%€168,082▲ 3.2%
Debt€3,700▲ 54.9%€8,135▲ 120%€9,787▲ 20.3%€4,498▼ 54.0%€6,233▲ 38.6%
Working capital€116,029▲ 8.2%€127,615▲ 10.0%€123,874▼ 2.9%€133,309▲ 7.6%€140,525▲ 5.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,319 in 2023 against €1,000 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €168,082
Fixed assets
€21,324 ▼ 15.0%
Current assets
€146,758 ▲ 6.5%
Equity and liabilities €168,082
Equity
€161,849 ▲ 2.2%
Debt
€6,233 ▲ 38.6%
Debt's share of the balance-sheet total rises from 2.8% to 3.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1,430▼
2022 · €2,749
Cash flow
€7,216▼
2022 · €9,435
Current ratio
23.55▼
2022 · 30.64
Debt to equity
0.04▲
2022 · 0.03
ROE
2.1%▼
2022 · 3.6%
ROA
2.1%▼
2022 · 3.5%
Debt ≤ 1 year
€6,233▲
2022 · €4,498
Income taxes
€1,736▼
2022 · €2,845
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,724 | €2,724 | €3,210 | €3,749 | €3,749 | = |
| Other operating charges640/8 | - | - | €972 | €997 | €1,091 | ▲ 9.4% |
| Gross operating margin9900 | €3,857 | €4,529 | €681 | €3,746 | €2,521 | ▼ 32.7% |
| Operating profit (loss)9901 | €145 | €899 | -€3,501 | -€1,000 | -€2,319 | ▼ 132% |
| Financial income75/76B | - | - | €8,455 | €9,531 | €7,522 | ▼ 21.1% |
| Recurring financial income75 | €9,645 | €12,398 | €8,455 | €9,531 | €7,522 | ▼ 21.1% |
| Profit (loss) for the period before taxes9903 | €9,790 | €13,297 | €4,954 | €8,531 | €5,203 | ▼ 39.0% |
| Income taxes67/77 | €3,701 | €4,435 | €1,652 | €2,845 | €1,736 | ▼ 39.0% |
| Profit (loss) for the period9904 | €6,089 | €8,862 | €3,302 | €5,686 | €3,467 | ▼ 39.0% |
| Profit (loss) for the period to be appropriated9905 | €6,089 | €8,862 | €3,302 | €5,686 | €3,467 | ▼ 39.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €144,232 | €157,529 | €162,483 | €162,880 | €168,082 | ▲ 3.2% |
| Fixed assets21/28 | €24,503 | €21,779 | €28,822 | €25,073 | €21,324 | ▼ 15.0% |
| Tangible fixed assets22/27 | €24,503 | €21,779 | €28,822 | €25,073 | €21,324 | ▼ 15.0% |
| Land and buildings22 | - | - | €28,822 | €25,073 | €21,324 | ▼ 15.0% |
| Current assets29/58 | €119,729 | €135,750 | €133,661 | €137,807 | €146,758 | ▲ 6.5% |
| Amounts receivable within one year40/41 | €119,729 | €135,750 | €133,661 | €137,807 | €146,758 | ▲ 6.5% |
| Other amounts receivable41 | - | - | €133,661 | €137,807 | €146,758 | ▲ 6.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €144,232 | €157,529 | €162,483 | €162,880 | €168,082 | ▲ 3.2% |
| Equity10/15 | €140,532 | €149,394 | €152,696 | €158,382 | €161,849 | ▲ 2.2% |
| Contributions10/11 | €101,637 | €101,637 | €101,637 | €101,636 | €101,636 | = |
| Capital10 | - | - | €101,637 | €101,636 | €101,636 | = |
| Issued capital100 | - | - | €101,637 | €101,636 | €101,636 | = |
| Reserves13 | €38,895 | €47,757 | €51,059 | €56,746 | €60,213 | ▲ 6.1% |
| Non-distributable reserves130/1 | - | - | €10,164 | €10,164 | €10,164 | = |
| Legal reserve130 | - | - | €10,164 | €10,164 | €10,164 | = |
| Distributable reserves133 | - | - | €40,895 | €46,582 | €50,049 | ▲ 7.4% |
| Amounts payable17/49 | €3,700 | €8,135 | €9,787 | €4,498 | €6,233 | ▲ 38.6% |
| Amounts payable within one year42/48 | €3,700 | €8,135 | €9,787 | €4,498 | €6,233 | ▲ 38.6% |
| Taxes, remuneration and social security45 | - | - | €9,787 | €4,498 | €6,233 | ▲ 38.6% |
| Taxes450/3 | - | - | €9,787 | €4,498 | €6,233 | ▲ 38.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,089 | €8,862 | €3,302 | €5,686 | €3,467 | ▼ 39.0% |
| + Depreciation and write-downs630 | €2,724 | €2,724 | €3,210 | €3,749 | €3,749 | = |
| Operating cash flow (approximation) | €8,813 | €11,586 | €6,512 | €9,435 | €7,216 | ▼ 23.5% |
| Investment in fixed assets (approximation) | - | €0 | -€10,253 | €0 | €0 | - |
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
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 30.64
Current ratio from 13.66 to 30.64; short-term debt falls from €9,787 to €4,498.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €3,302 ▼62.7%
Net result drops to €3,302, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €152,696 ▲2.2%
4 profitable years in a row build equity to €152,696.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €8,862 ▲45.5%
Operating result €899, net result €8,862, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ninove · 1 establishment unit since 1993
Ground area
287 m²
Building footprint
154 m²
Volume, LiDAR
1,337 m³
Parcel 41362B0164/00V000, Flanders · tallest building 16.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stationsstraat 49, 9400 Ninove
since 19932.062.705.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0164/00V000 | Flanders | 287 m² | 1 · 154 m² | 16.6 m · 2 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 formPublic limited company
Founded06-11-1990
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.