PROVECA
InactiveFinancials · financial year 2025, abbreviated format
Equity
-€90,167▼ 10.2%
2024 · -€81,853
Total assets
€8,227▼ 26.3%
2024 · €11,170
Net result
-€8,315▼ 46.8%
2024 · -€5,663
Working capital
-€30,167▼ 38.0%
2024 · -€21,853
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €8,251 in 2025 against €5,548 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€8,251
2025
Net result-€8,315
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€8,227
2025
Equity-€90,167
2025
Debt€98,395
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€30,167
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€7,255--€6,108▲ 15.8%-€4,447▲ 27.2%-€5,915▼ 33.0%-€4,579▲ 22.6%-€3,599▲ 21.4%-€5,548▼ 54.2%-€8,251▼ 48.7%
Net result-€7,306--€6,164▲ 15.6%-€4,492▲ 27.1%-€5,960▼ 32.7%-€4,633▲ 22.3%-€3,622▲ 21.8%-€5,663▼ 56.3%-€8,315▼ 46.8%
Equity-€51,319--€57,483▼ 12.0%-€61,975▼ 7.8%-€67,935▼ 9.6%-€72,568▼ 6.8%-€76,190▼ 5.0%-€81,853▼ 7.4%-€90,167▼ 10.2%
Total assets€18,879-€15,363▼ 18.6%€12,502▼ 18.6%€7,834▼ 37.3%€7,097▼ 9.4%€7,743▲ 9.1%€11,170▲ 44.3%€8,227▼ 26.3%
Debt€70,198-€72,846▲ 3.8%€74,477▲ 2.2%€75,769▲ 1.7%€79,666▲ 5.1%€83,934▲ 5.4%€93,023▲ 10.8%€98,395▲ 5.8%
Working capital-€62,150--€5,269▲ 91.5%-€5,636▼ 7.0%-€8,788▼ 55.9%-€12,784▼ 45.5%-€16,190▼ 26.6%-€21,853▼ 35.0%-€30,167▼ 38.0%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
Current ratio
0.21▼
2024 · 0.34
ROA
-101.1%▼
2024 · -50.7%
Debt ≤ 1 year
€38,395▲
2024 · €33,023
Debt > 1 year
€60,000=
2024 · €60,000
A ratio outside any meaningful range has been withheld (balance sheet total €8,227, equity -€90,167).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,909 | €4,125 | €4,125 | €2,807 | €637 | €216 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €680 | €1,185 | €673 | €692 | €589 | ▼ 14.9% |
| Gross operating margin9900 | -€2,633 | -€1,294 | -€268 | -€2,427 | -€2,757 | -€2,710 | -€4,856 | -€7,662 | ▼ 57.8% |
| Operating profit (loss)9901 | -€7,255 | -€6,108 | -€4,447 | -€5,915 | -€4,579 | -€3,599 | -€5,548 | -€8,251 | ▼ 48.7% |
| Financial income75/76B | - | - | - | €7 | - | - | €6 | €11 | ▲ 88.6% |
| Recurring financial income75 | - | - | - | €7 | - | - | €6 | €11 | ▲ 88.6% |
| Financial charges65/66B | - | - | - | €52 | €54 | €23 | €120 | €75 | ▼ 37.8% |
| Recurring financial charges65 | €51 | €56 | €45 | €52 | €54 | €23 | €120 | €75 | ▼ 37.8% |
| Profit (loss) for the period before taxes9903 | -€7,306 | -€6,164 | -€4,492 | -€5,960 | -€4,633 | -€3,622 | -€5,663 | -€8,315 | ▼ 46.8% |
| Profit (loss) for the period9904 | -€7,306 | -€6,164 | -€4,492 | -€5,960 | -€4,633 | -€3,622 | -€5,663 | -€8,315 | ▼ 46.8% |
| Profit (loss) for the period to be appropriated9905 | -€7,306 | -€6,164 | -€4,492 | -€5,960 | -€4,633 | -€3,622 | -€5,663 | -€8,315 | ▼ 46.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €18,879 | €15,363 | €12,502 | €7,834 | €7,097 | €7,743 | €11,170 | €8,227 | ▼ 26.3% |
| Fixed assets21/28 | €10,830 | €7,785 | €3,661 | €853 | €216 | €0 | - | - | - |
| Intangible fixed assets21 | €10,830 | €7,785 | €3,661 | €853 | €216 | €0 | - | - | - |
| Current assets29/58 | €8,049 | €7,577 | €8,841 | €6,981 | €6,881 | €7,743 | €11,170 | €8,227 | ▼ 26.3% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €1,791 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | - | - | - | €1,791 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €5,574 | €6,603 | €6,262 | €6,971 | €6,861 | €7,592 | €8,468 | €768 | ▼ 90.9% |
| Trade receivables40 | - | - | - | €450 | - | - | - | €746 | - |
| Other amounts receivable41 | - | - | - | €6,521 | €6,861 | €7,592 | €8,468 | €22 | ▼ 99.7% |
| Cash at bank and in hand54/58 | €2,475 | €974 | €2,580 | €9 | €20 | €152 | €911 | €7,460 | ▲ 719% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €18,879 | €15,363 | €12,502 | €7,834 | €7,097 | €7,743 | €11,170 | €8,227 | ▼ 26.3% |
| Equity10/15 | -€51,319 | -€57,483 | -€61,975 | -€67,935 | -€72,568 | -€76,190 | -€81,853 | -€90,167 | ▼ 10.2% |
| Contributions10/11 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Capital10 | - | - | - | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Issued capital100 | - | - | - | €74,368 | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Profit (loss) carried forward14 | -€125,687 | -€131,851 | -€136,344 | -€142,303 | -€146,936 | -€150,558 | -€156,221 | -€164,536 | ▼ 5.3% |
| Amounts payable17/49 | €70,198 | €72,846 | €74,477 | €75,769 | €79,666 | €83,934 | €93,023 | €98,395 | ▲ 5.8% |
| Amounts payable after more than one year17 | - | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Financial debts170/4 | - | - | - | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Amounts payable within one year42/48 | €70,198 | €12,846 | €14,477 | €15,769 | €19,666 | €23,934 | €33,023 | €38,395 | ▲ 16.3% |
| Trade debts44 | €3,539 | €1,100 | €932 | €874 | €1,132 | €0 | €2,840 | €5,700 | ▲ 101% |
| Suppliers440/4 | - | - | - | €874 | €1,132 | €0 | €2,840 | €5,700 | ▲ 101% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €61 | - |
| Taxes450/3 | - | - | - | - | - | - | - | €61 | - |
| Other amounts payable47/48 | - | - | - | €14,896 | €18,534 | €23,934 | €30,184 | €32,634 | ▲ 8.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,306 | -€6,164 | -€4,492 | -€5,960 | -€4,633 | -€3,622 | -€5,663 | -€8,315 | ▼ 46.8% |
| + Depreciation and write-downs630 | €3,909 | €4,125 | €4,125 | €2,807 | €637 | €216 | €0 | - | - |
| Operating cash flow (approximation) | -€3,397 | -€2,039 | -€367 | -€3,152 | -€3,996 | -€3,406 | -€5,663 | -€8,315 | ▼ 46.8% |
| Investment in fixed assets (approximation) | - | -€1,080 | €0 | €0 | €0 | €0 | - | - | - |
| Change in cash | - | -€1,501 | €1,606 | -€2,570 | €11 | €131 | €759 | €6,549 | ▲ 762% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-07-2026 | 2026-00240176 |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00316092 |
| 31-12-2023 | micro format | 11-07-2024 | 2024-00244243 |
| 31-12-2022 | micro format | 17-07-2023 | 2023-00244647 |
| 31-12-2021 | micro format | 09-08-2022 | 2022-20280124 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-58200173 |
| 31-12-2019 | micro format | 05-10-2020 | 2020-58800420 |
| 31-12-2018 | micro format | 26-08-2019 | 2019-51900579 |
| 31-12-2017 | micro format | 27-08-2018 | 2018-50600272 |
| 31-12-2016 | micro format | 24-08-2017 | 2017-46400013 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.