PROVASSUR
ActiveSummary
PROVASSUR has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €473,204 and a net result of €180,976. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 693 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+19
Solvency100▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 7.6 against 2.39 in 2024; short-term debt: 13.1% and cash: 58.5% of total assets), and 13.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
86.9%
Return on assets
33.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
91 d late
2021
61 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€180,976▲ 271%
2024 · €48,840
Working capital
€469,258▲ 66.8%
2024 · €281,399
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€101,155▲ 194%€86,005▼ 15.0%€79,343▼ 7.7%€77,734▼ 2.0%€271,934▲ 250%
Net result€64,418within the sector's middle half▲ 219%€54,112within the sector's middle half▼ 16.0%€51,305within the sector's middle half▼ 5.2%€48,840within the sector's middle half▼ 4.8%€180,976above the sector's middle half▲ 271%
Equity€137,971within the sector's middle half▲ 87.6%€192,083within the sector's middle half▲ 39.2%€243,388within the sector's middle half▲ 26.7%€292,228within the sector's middle half▲ 20.1%€473,204within the sector's middle half▲ 61.9%
Total assets€179,876below the sector's middle half▲ 42.3%€250,443below the sector's middle half▲ 39.2%€304,167below the sector's middle half▲ 21.5%€494,158below the sector's middle half▲ 62.5%€544,314within the sector's middle half▲ 10.1%
Debt€41,905▼ 20.8%€58,360▲ 39.3%€60,779▲ 4.1%€201,930▲ 232%€71,110▼ 64.8%
Working capital€93,623within the sector's middle half▲ 754%€166,306within the sector's middle half▲ 77.6%€224,834within the sector's middle half▲ 35.2%€281,399within the sector's middle half▲ 25.2%€469,258within the sector's middle half▲ 66.8%
Solvency76.7%above the sector's middle half▲ 18.5pp76.7%above the sector's middle half=80.0%above the sector's middle half▲ 3.3pp59.1%within the sector's middle half▼ 20.9pp86.9%above the sector's middle half▲ 27.8pp
Current ratio3.25within the sector's middle half▲ 2.043.86within the sector's middle half▲ 0.614.74within the sector's middle half▲ 0.872.39within the sector's middle half▼ 2.347.60above the sector's middle half▲ 5.21
Return on assets (ROA)35.8%above the sector's middle half▲ 19.8pp21.6%above the sector's middle half▼ 14.2pp16.9%above the sector's middle half▼ 4.7pp9.9%above the sector's middle half▼ 7.0pp33.2%above the sector's middle half▲ 23.4pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 250% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €544,314
Fixed assets
€3,946 ▼ 63.6%
Current assets
€540,368 ▲ 11.8%
Equity and liabilities €544,314
Equity
€473,204 ▲ 61.9%
Debt
€71,110 ▼ 64.8%
Debt's share of the balance-sheet total falls from 40.9% to 13.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€278,817▲
2024 · €86,064
Cash flow
€187,859▲
2024 · €57,170
Debt to equity
0.15▼
2024 · 0.69
ROE
38.2%▲
2024 · 16.7%
Interest coverage
233.54▼
2024 · 322.06
Debt ≤ 1 year
€71,110▼
2024 · €201,930
Income taxes
€92,071▲
2024 · €28,922
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €286,720 | - |
| Remuneration, social security and pensions62 | €1,125 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,041 | €19,272 | €8,170 | €8,330 | €6,883 | ▼ 17.4% |
| Other operating charges640/8 | €2,957 | €2,258 | €2,170 | €2,757 | €3,428 | ▲ 24.3% |
| Gross operating margin9900 | €124,277 | €107,535 | €89,683 | €88,821 | €282,245 | ▲ 218% |
| Operating profit (loss)9901 | €101,155 | €86,005 | €79,343 | €77,734 | €271,934 | ▲ 250% |
| Financial income75/76B | €31 | €283 | €1,124 | €294 | €2,307 | ▲ 683% |
| Recurring financial income75 | €31 | €283 | €1,124 | €294 | €2,307 | ▲ 683% |
| Financial charges65/66B | €363 | €63 | €254 | €267 | €1,194 | ▲ 347% |
| Recurring financial charges65 | €363 | €63 | €254 | €267 | €1,194 | ▲ 347% |
| Profit (loss) for the period before taxes9903 | €100,823 | €86,226 | €80,212 | €77,762 | €273,047 | ▲ 251% |
| Income taxes67/77 | €36,405 | €32,114 | €28,907 | €28,922 | €92,071 | ▲ 218% |
| Profit (loss) for the period9904 | €64,418 | €54,112 | €51,305 | €48,840 | €180,976 | ▲ 271% |
| Profit (loss) for the period to be appropriated9905 | €64,418 | €54,112 | €51,305 | €48,840 | €180,976 | ▲ 271% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €179,876 | €250,443 | €304,167 | €494,158 | €544,314 | ▲ 10.1% |
| Fixed assets21/28 | €44,651 | €26,079 | €19,158 | €10,829 | €3,946 | ▼ 63.6% |
| Tangible fixed assets22/27 | €44,601 | €25,329 | €18,283 | €9,954 | €3,071 | ▼ 69.1% |
| Land and buildings22 | €6,335 | €4,388 | €4,500 | - | €2,700 | - |
| Plant, machinery and equipment23 | €3,697 | €1,686 | €1,352 | - | €371 | - |
| Furniture and vehicles24 | €34,569 | €19,254 | €12,431 | €9,954 | - | - |
| Financial fixed assets28 | €50 | €750 | €875 | €875 | €875 | = |
| Current assets29/58 | €135,225 | €224,364 | €285,009 | €483,329 | €540,368 | ▲ 11.8% |
| Amounts receivable within one year40/41 | €45,670 | €50,167 | €59,430 | €75,352 | €40,570 | ▼ 46.2% |
| Trade receivables40 | €45,670 | €50,167 | €52,830 | €67,845 | €39,453 | ▼ 41.8% |
| Other amounts receivable41 | - | - | €6,600 | €7,507 | €1,117 | ▼ 85.1% |
| Current investments50/53 | - | - | - | - | €178,972 | - |
| Cash at bank and in hand54/58 | €87,332 | €172,865 | €224,992 | €407,222 | €318,326 | ▼ 21.8% |
| Deferred charges and accrued income490/1 | €2,224 | €1,333 | €587 | €756 | €2,500 | ▲ 231% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €179,876 | €250,443 | €304,167 | €494,158 | €544,314 | ▲ 10.1% |
| Equity10/15 | €137,971 | €192,083 | €243,388 | €292,228 | €473,204 | ▲ 61.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €108,697 | €162,797 | €214,097 | €262,897 | €443,797 | ▲ 68.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €6,253 | €6,253 | €6,253 | €6,253 | €6,253 | = |
| Distributable reserves133 | €100,584 | €154,684 | €205,984 | €254,784 | €435,684 | ▲ 71.0% |
| Profit (loss) carried forward14 | €23,074 | €23,086 | €23,091 | €23,131 | €23,207 | ▲ 0.3% |
| Amounts payable17/49 | €41,905 | €58,360 | €60,779 | €201,930 | €71,110 | ▼ 64.8% |
| Amounts payable within one year42/48 | €41,603 | €58,058 | €60,174 | €201,930 | €71,110 | ▼ 64.8% |
| Trade debts44 | €1,046 | €4,436 | €2,937 | €4,038 | €3,290 | ▼ 18.5% |
| Suppliers440/4 | €1,046 | €4,436 | €2,937 | €4,038 | €3,290 | ▼ 18.5% |
| Advances received on contracts in progress46 | - | - | - | €143,360 | - | - |
| Taxes, remuneration and social security45 | €16,330 | €23,156 | €16,046 | €6,366 | €22,993 | ▲ 261% |
| Taxes450/3 | €15,330 | €22,156 | €16,046 | €6,366 | €22,993 | ▲ 261% |
| Remuneration and social security454/9 | €1,000 | €1,000 | - | - | - | - |
| Other amounts payable47/48 | €24,226 | €30,465 | €41,190 | €48,166 | €44,827 | ▼ 6.9% |
| Accrued charges and deferred income492/3 | €303 | €303 | €605 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,418 | €54,112 | €51,305 | €48,840 | €180,976 | ▲ 271% |
| + Depreciation and write-downs630 | €19,041 | €19,272 | €8,170 | €8,330 | €6,883 | ▼ 17.4% |
| Operating cash flow (approximation) | €83,459 | €73,384 | €59,475 | €57,170 | €187,859 | ▲ 229% |
| Investment in fixed assets (approximation) | - | -€700 | -€1,250 | €0 | €0 | - |
| Change in cash | - | €85,533 | €52,128 | €182,229 | -€88,895 | ▼ 149% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €180,976 ▲271%
Operating result €271,934, net result €180,976, both a record.
31-12
Financial
Liquidity triplescurrent ratio 7.60
Current ratio from 2.39 to 7.60; short-term debt falls from €201,930 to €71,110.
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Equity above €200,000Eq €243,388 ▲26.7%
6 profitable years in a row build equity to €243,388.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 91 days late
2022
31-12
Financial
Equity above €150,000Eq €192,083 ▲39.2%
5 profitable years in a row build equity to €192,083.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 3.25
Current ratio from 1.21 to 3.25; short-term debt falls from €52,881 to €41,603.
31-12
Financial
Equity above €100,000Eq €137,971 ▲87.6%
4 profitable years in a row build equity to €137,971.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 89 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Lasne · 1 establishment unit since 2003
Ground area
1,591 m²
Building footprint
136 m²
Parcel 25024A0164/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Provost-Fraikin
since 20032.134.408.784
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25024A0164/00L000 | Wallonia | 1,591 m² | 1 · 136 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLasne2.134.408.784
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Of 11,672 companies in sector 85599 we hold annual accounts for 1,330. 749 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0860741376
Also
9925:BE0860741376
Registered
11-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.