Equity
€198,242 ▲ 22.2%
PROVAN has made a profit in every financial year since 2008.
PROVAN
Lifetime
18 annual accounts with figures on one time axispeak €114,779 (2023)
€109,782▲ 3.1%
peak €53,479 (2023)
€38,155▼ 9.1%
peak €198,242 (2025)
€198,242▲ 22.2%
€198,602▼ 24.0%
peak 0.2 FTE (2020)
-not published
Board2 names since 2007
2 directorsKarel Van Torre and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Dividend €2,100Equity from €162,187 to €198,242Debts from €261,369 to €198,602Cash from €7,893 to €10,917
Key points
from the 2025 annual accountsChecked score
69
Healthy
Financially stronger than 48% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.3%▲ +0.1 percentage points vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.2%▼ -0.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.8%▼ -0.6 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.7%▼ -0.1 percentage points vs 12-2025
02-2026: 0.8%▲ +0.1 percentage points vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.7%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 0.7%● unchanged vs 07-2026lowest value
09-2026: 0.7%● unchanged vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 1.43, cash €10,917
lowers risk
Founded in 2007
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 43, micro). It does better than 54% of them on solvency, 26% on liquidity, 41% on profitability and 69% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 34,693 companies had the same profile as PROVAN has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of PROVAN itself: 0.7% 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 34,693 companies, not a prediction for PROVAN. 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 €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.43 (1.19 in 2024), below the usual 1.5. Short-term debt is 35.3% and cash 2.8% of total assets. 50% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
29 days early
2023
49 days late
2022
121 days late
2021
158 days late
2020
86 days late
2019
104 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 65 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 September (4 of the last 5 accounts filed within 82 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0891270345
Company renamed from AANNEMINGEN PROVAN to PROVAN
Resignations: Karel Van Torre (manager) and Els Provoost (manager) · Reappointments: Karel Van Torre (director) and Els Provoost (director) · “Onderneming van plafonneer-,cementeer- en alle andere pleisterwerken,omvattende onder meer de…” (deed in Dutch) · Gazette deed
New establishment in Ypres
Comfort-Fit, Frenchlaan 49
First establishment
AANNEMINGEN PROVAN, Bellewaardestraat 4, Zonnebeke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROVAN Zonnebeke | €396,844 | €109,782 | 50.0% | - |
| Bezettingswerken Verhoeven Mol | €406,869 | €110,730 | 86.6% | - |
| AFWERKINGSBEDRIJF GYPRO CONSTRUCT Maasmechelen | €385,764 | €107,024 | 37.5% | - |
| DAVID & DAVID CONSTRUCT Estaimpuis | €420,298 | €104,241 | 35.8% | - |
| ALL-FIXT Ranst | €348,969 | €115,945 | 35.0% | - |
| Gevelbepleistering Van Arwegen Vorselaar | €431,860 | €93,725 | 67.4% | - |
| NEW PLAFONNAGE Sambreville | €346,462 | €128,210 | 81.1% | - |
These companies have the same main activity as PROVAN: plastering work (NACE 43310). They are comparable in size and age: total assets between €346,000 and €432,000, founded between 2006 and 2008.
Official details
Source: KBO- Status
- Active since 03-08-2007Normal situation
- Activity
- Plastering workNACE 43310
- Establishment units
- 2.164.309.8278980 Zonnebeke, since 10-08-2007
- 2.343.058.4578900 Ypres, since 22-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 10-10-2025
Annual accounts 2025
- €396,844▼ 6.3%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on PROVAN
PROVAN files the micro format. That format states no turnover. The gross margin rose from €26,398 in 2008 to €109,782 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
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 PROVAN
- What is the company number of PROVAN?
- The company number of PROVAN is 0891.270.345. The VAT number is the same number with BE in front: BE 0891.270.345.
- Where is PROVAN based?
- The registered office is at Bellewaardestraat 4, 8980 Zonnebeke.Company details
- What does PROVAN do?
- According to the KBO register, the main activity is plastering work (NACE 43310).
- What is the legal form of PROVAN?
- PROVAN is a private limited company (BV).
- When was PROVAN founded?
- PROVAN was founded on 03-08-2007.
- Is PROVAN still active?
- Yes, PROVAN is an active enterprise in the KBO register.
- How many employees does PROVAN have?
- PROVAN had an average of 0.2 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of PROVAN?
- The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €109,782 and 61 comparable companies (NACE 433). It probably lies between €250,000 and €540,000.
- Is PROVAN profitable?
- In financial year 2025, PROVAN made a profit of €38,155.
- Where can I find the annual accounts of PROVAN?
- PROVAN filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROVAN due?
- PROVAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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