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PROVAST

Active Private limited companyfounded 1991active for 34 yearsDorpsstraat 18, 2970 SchildeKBO/BCE: BE 0446.170.504

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €92,073 (2009)
-€14,585▲ €81,392
lowest -€2.8m (2017)
-€42,721▲ €53,639
peak €2.0m (2016)
€236,715▲ €1.3m
€174,404▼ 88.9%
Board4 names since 2015
1 director
Documentsfilings and deeds
27-05-202665 days before the deadline
2025micro format
Gross margin from -€95,978 to -€14,585Loss of €42,721Capital increase of €1,358,469.89 to €2,413,184.98 29-09Registered office moved from Antwerp to Schilde 22-08Equity from -€1.1m to €236,715Debts from €1.6m to €174,404

Key points

from the 2025 annual accounts

Equity

€236,715 from €2.0m in 2016

Equity fell by 88% in 9 years.

Losses

-€1.2m in five years
-1.02021-0.002022-0.042023-0.12024-0.042025

Every financial year from 2021 to 2025 closed with a loss. 2021 was the heaviest.

Liquidity

47.09 was 0.22 in 2024

Short-term debts fell from €1.4m to €5,133.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,828 companies had the same profile as PROVAST has now. Each dot stands for 15 companies, two years later.

84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 5,828 companies, not a prediction for PROVAST. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 11-06-2019
  • all the sharesdeed of 29-09-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0446170504
Capital increase of €1,358,469.89 to €2,413,184.98 Capital from €1,054,715.09 to €2,413,184.98 · holds all the shares · General meeting of 22-09-2025 · Gazette deed
Registered office moved from Antwerp to Schilde New registered office: Dorpsstraat 18, 2970 Schilde · Previous registered office: Standonklaan 18, 2610 Antwerpen (Wilrijk) · Board meeting of 15-07-2025 · Gazette deed
Merger proposal: Provast takes over Pro Mail Permanent representative: · “Het in leasing geven van onroerende goederen aan andere vennootschappen, ondernemingen, verenigingen of…” (deed in Dutch) · Gazette deed
All 50 events

Comparable companies

same main activity, similar in size and age
Company
PROVAST Schilde €411,119 -€14,585 57.6% -
IMMOWORLD Antwerp €447,707 €482 8.5% 0
LADIN Antwerp €434,320 -€10,866 98.9% -
Terranovis Turnhout €412,435 -€343,055 -51.7% 1
IMMO DANIEL Antwerp €344,595 -€400 92.6% -
ATLANTIC REAL ESTATE Mechelen €481,969 -€4,287 97.6% -
IMMOBILIERE ALL PAP Namur €407,665 -€1,055 15.2% 0

These companies have the same main activity as PROVAST: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €345,000 and €482,000, founded between 1988 and 1995.

Official details

Source: KBO
Status
Active since 30-12-1991Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
Establishment unit
2.055.985.6702970 Schilde, since 27-01-1992
Financial year end
31 December
Peppol
Reachable since 24-11-2025
Company details

Annual accounts 2025

€411,119▼ 15.8%
Filing
Filed on 27-05-2026, 65 days before the end of the filing period
Financials

Insights on PROVAST

PROVAST files the micro format. That format states no turnover. The gross margin fell from €62,164 in 2006 to -€14,585 in 2025.

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 PROVAST

What is the company number of PROVAST?
The company number of PROVAST is 0446.170.504. The VAT number is the same number with BE in front: BE 0446.170.504.
Where is PROVAST based?
The registered office is at Dorpsstraat 18, 2970 Schilde.Company details
What does PROVAST do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of PROVAST?
PROVAST is a private limited company (BV).
When was PROVAST founded?
PROVAST was founded on 30-12-1991.
Is PROVAST still active?
Yes, PROVAST is an active enterprise in the KBO register.
What is the turnover of PROVAST?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it. In financial year 2019 turnover was €21,142.Financials
Is PROVAST profitable?
In financial year 2025, PROVAST made a loss of €42,721.
Where can I find the annual accounts of PROVAST?
PROVAST filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROVAST due?
PROVAST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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