Skip to content

PROVAN

Active
Private limited companyfounded 2014active for 12 yearsVogelzangstraat 7, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0555.871.960
Summary

The computed 12-month bankruptcy probability of PROVAN is 1.6% (moderate). The 2024 annual accounts show equity of €4.8m and a net result of €171,329. Equity has been stable since 2018 (±1.6% per year). Its solvency ranks better than 82% of 19,157 sector peers (NACE 68, financial year 2024). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 10-07-2014 Normal situation
Activity
Buying and selling of own real estate NACE 68110
Establishment unit
2.233.252.576 3540 Herk-de-Stad, since 10-07-2014
Financial year end
31 December
Peppol
Reachable since 03-01-2026

Board and ownership

Board
  • Vandaele NikolasDirector · since 26-11-2020
Shareholders
  • ODARVA· score 842025 annual accounts of ODARVA

Financial position

57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2024
Gross margin
€475,973
▼ 5.7%
Turnover
≈ €830,000
estimated
Profit
€171,329
▼ 16.0%
Equity
€4.8m
▲ 3.7%
Total assets
€6.3m
▼ 1.7%
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 02-12-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 1 of the last 3 accounts latelowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 78% of small companies in real estate (NACE 68)
Financial strength · tick: 2023
Strong
Solvency 100+3
equity 75.7% of total assets
Liquidity 58+2
short-term debt 8.6% · cash 6.5%
Profitability 72-1
return on assets 2.7%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,995 companies, NACE 68, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.2 percentage points vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.6%▲ +0.1 percentage points vs 11-2025 01-2026: 0.3%▼ -0.3 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.2 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026 10-2026: 1.6%▲ +0.7 percentage points vs 09-2026highest value 11-2026: 1.6%● unchanged vs 10-2026highest value
Credit of up to €270,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.85 (1.26 in 2023), above the usual 1.5. Short-term debt is 8.6% and cash 6.5% of total assets. 24.3% of the assets are financed with debt and provisions.
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 68, small). It does better than 92% of them on solvency, 85% on liquidity, 78% on profitability and 59% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 02-12-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 120 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
120 days late
2023
on the day
2022
on the day
2021
92 days late
2020
153 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 66 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by equity in Herk-de-Stad, Real estate sectorin the Checked rankings No. 1 View
  • Positive: 7 profitable years in a rowprofit 2024: €171,329 7 years View

Recent changes

  1. · Gazette deed Registered office moved within Herk-de-StadNew seat: Vogelzangstraat 7, 3540 Herk-de-Stad · Previous seat: Beerbosstraat 12, 3540 Herk-de-Stad · Resignation: Michel Vandaele (director)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as PROVAN: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €4.6m and €7.7m, founded between 2013 and 2015.

CompanyTotal assetsGross margin
PROVAN Herk-de-Stad€6.3m€0.5m
Deblise Kinrooi€6.5m€0.4m
BENTIMMO Antwerpen€6.2m€0.5m
ATHENUS Antwerpen€6.4m€0.5m
ESTATEGROUP Antwerpen€6.9m€0.6m
ALEX IMMOBILIER Tournai€7.7m€0.4m
VANDERHALLEN IMMO Maasmechelen€4.6m€0.4m
Full comparison

Key facts about PROVAN

What is the company number of PROVAN?
The company number of PROVAN is 0555.871.960. The VAT number is the same number with BE in front: BE 0555.871.960.
Where is PROVAN based?
The registered office is at Vogelzangstraat 7, 3540 Herk-de-Stad.Company details
What does PROVAN do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of PROVAN?
The legal form of PROVAN is Private limited company (BV).
When was PROVAN founded?
PROVAN was founded on 10-07-2014.
Is PROVAN still active?
Yes, PROVAN is an active enterprise in the KBO register.
What is the turnover of PROVAN?
The turnover in financial year 2024 is ≈ €830,000. This figure is estimated from the gross margin of €475,973 and 45 comparable companies (NACE 681). It probably lies between €640,000 and €1.4m.Financials
Is PROVAN profitable?
In financial year 2024, PROVAN made a profit of €171,329.
Where can I find the annual accounts of PROVAN?
PROVAN filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.