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PROVEGO

Active
Private limited companyfounded 20206 yrs activeRue d'Angoussart 105, 1301 Wavre, BelgiumKBO/BCE: BE 0740.785.733
Summary

PROVEGO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €122,942. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability48▲+4
Solvency74▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 0.94 in 2024; short-term debt: 9.5% and cash: 8.1% of total assets), and 50.8% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.2%
Return on assets
2.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 6 filings
Deviation from the deadline
2025
24 d late
2024
26 d late
2023
26 d late
2022
22 d late
2021
48 d early
2020
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 January 2020, PROVEGO was incorporated as a Private limited company.1 Total assets went from EUR 1.1 million in 2020 to EUR 5.9 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€2.9m▲ 4.4%
2024 · €2.8m
Total assets
€5.9m▲ 2.0%
2024 · €5.8m
Net result
€122,942▲ 135%
2024 · €52,403
Working capital
€138,847
2024 · -€32,088
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, 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-€85,371▼ 99.8%€120€29,603▲ 24,569%€150,280▲ 408%€235,737▲ 56.9%
Net result-€90,207below the sector's middle half▼ 106%€867within the sector's middle half-€22,201below the sector's middle half€52,403above the sector's middle half€122,942above the sector's middle half▲ 135%
Equity€371,060above the sector's middle half▼ 19.6%€2.8mabove the sector's middle half▲ 644%€2.7mabove the sector's middle half▼ 0.8%€2.8mabove the sector's middle half▲ 1.9%€2.9mabove the sector's middle half▲ 4.4%
Total assets€1.9mabove the sector's middle half▲ 71.5%€3.2mabove the sector's middle half▲ 64.3%€5.9mabove the sector's middle half▲ 88.0%€5.8mabove the sector's middle half▼ 2.0%€5.9mabove the sector's middle half▲ 2.0%
Debt€1.5m▲ 135%€388,966▼ 74.8%€3.2m▲ 718%€3.0m▼ 5.3%€3.0m▼ 0.2%
Working capital-€57,946below the sector's middle half€948,067above the sector's middle half€55,598within the sector's middle half▼ 94.1%-€32,088below the sector's middle half€138,847above the sector's middle half
Solvency19.4%within the sector's middle half▼ 21.9pp87.7%above the sector's middle half▲ 68.3pp46.3%within the sector's middle half▼ 41.4pp48.1%within the sector's middle half▲ 1.8pp49.2%within the sector's middle half▲ 1.1pp
Current ratio0.33below the sector's middle half▼ 1.0019.39above the sector's middle half▲ 19.061.09within the sector's middle half▼ 18.300.94within the sector's middle half▼ 0.151.25within the sector's middle half▲ 0.30
Return on assets (ROA)-4.7%below the sector's middle half▼ 0.8pp0.0%within the sector's middle half▲ 4.7pp-0.4%below the sector's middle half▼ 0.4pp0.9%within the sector's middle half▲ 1.3pp2.1%within the sector's middle half▲ 1.2pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2021: -€85,371-€85,371Net result 2021: -€90,207-€90,207Operating result 2022: €120€120Net result 2022: €867€867Operating result 2023: €29,603€29,603Net result 2023: -€22,201-€22,201Operating result 2024: €150,280€150,280Net result 2024: €52,403€52,403Operating result 2025: €235,737€235,737Net result 2025: €122,942€122,94220212022202320242025-€100,000€0€100,000€200,000Operating result 2023: €29,603€29,600Net result 2023: -€22,201-€22,200Operating result 2024: €150,280€150,000Net result 2024: €52,403€52,400Operating result 2025: €235,737€236,000Net result 2025: €122,942€123,000202320242025
The operating result has risen four years in a row; 2025 is 57% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.9m
Fixed assets €5.2m ▼ 0.7%
Current assets €701,243 ▲ 27.8%
Equity and liabilities €5.9m
Equity €2.9m ▲ 4.4%
Debt €3.0m ▼ 0.2%
Debt's share of the balance-sheet total falls from 51.9% to 50.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€336,434▲
2024 · €261,403
Cash flow
€223,639▲
2024 · €163,526
Debt to equity
1.03▼
2024 · 1.08
ROE
4.2%▲
2024 · 1.9%
Interest coverage
3.24▲
2024 · 2.86
Debt ≤ 1 year
€562,395▼
2024 · €580,778
Debt > 1 year
€2.4m▲
2024 · €2.4m
Income taxes
€13,858▲
2024 · €13,740
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.8m€5.9m▲
Fixed assets21/28€5.3m€5.2m▼
Tangible fixed assets22/27€2.2m€2.2m▼
Land and buildings22€2.1m€2.1m▼
Plant, machinery and equipment23€9,830€8,461▼
Furniture and vehicles24€58,995€93,126▲
Financial fixed assets28€3.1m€3.1m=
Current assets29/58€548,690€701,243▲
Amounts receivable after more than one year29€95,450€145,450▲
Other amounts receivable291€95,450€145,450▲
Amounts receivable within one year40/41€23,327€65,289▲
Trade receivables40€8,656€53,479▲
Other amounts receivable41€14,671€11,810▼
Cash at bank and in hand54/58€416,740€480,809▲
Deferred charges and accrued income490/1€13,173€9,695▼
Equity and liabilities
Total equity and liabilities10/49€5.8m€5.9m▲
Equity10/15€2.8m€2.9m▲
Contributions10/11€2.9m€2.9m=
Reserves13-€20,000
Distributable reserves133-€20,000
Profit (loss) carried forward14-€102,871€71▲
Amounts payable17/49€3.0m€3.0m▼
Amounts payable after more than one year17€2.4m€2.4m▲
Financial debts170/4€1.9m€1.8m▼
Other amounts payable178/9€496,419€625,000▲
Amounts payable within one year42/48€580,778€562,395▼
Current portion of amounts payable after more than one year42€158,667€136,953▼
Trade debts44€855€6,147▲
Suppliers440/4€855€6,147▲
Taxes, remuneration and social security45€6,465€4,530▼
Taxes450/3€6,465€4,530▼
Other amounts payable47/48€414,791€414,765=
Accrued charges and deferred income492/3€6,787€9,302▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€111,123€100,698▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,500-
Other operating charges640/8€14,388€17,503▲
Gross operating margin9900€274,291€353,937▲
Operating profit (loss)9901€150,280€235,737▲
Financial income75/76B€7,223€5,000▼
Recurring financial income75€7,223€5,000▼
Financial charges65/66B€91,359€103,937▲
Recurring financial charges65€91,359€103,937▲
Profit (loss) for the period before taxes9903€66,143€136,799▲
Income taxes67/77€13,740€13,858▲
Profit (loss) for the period9904€52,403€122,942▲
Profit (loss) for the period to be appropriated9905€52,403€122,942▲
Appropriation of the result
Profit (loss) to be appropriated9906-€102,871€20,071▲
Profit (loss) brought forward from the previous period14P-€155,274-€102,871▲
Transfer to equity691/2-€20,000
To other reserves6921-€20,000

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86,850€82,088€94,341€111,123€100,698▼ 9.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€8,352-€1,500--
Other operating charges640/8€16,325€10,211€23,627€14,388€17,503▲ 21.7%
Gross operating margin9900€17,804€92,419€155,923€274,291€353,937▲ 29.0%
Operating profit (loss)9901-€85,371€120€29,603€150,280€235,737▲ 56.9%
Financial income75/76B-€16,901€11,439€7,223€5,000▼ 30.8%
Recurring financial income75-€16,901€11,439€7,223€5,000▼ 30.8%
Financial charges65/66B€3,859€6,738€51,520€91,359€103,937▲ 13.8%
Recurring financial charges65€3,859€6,738€51,520€91,359€103,937▲ 13.8%
Profit (loss) for the period before taxes9903-€89,230€10,284-€10,478€66,143€136,799▲ 107%
Income taxes67/77€977€9,416€11,723€13,740€13,858▲ 0.9%
Profit (loss) for the period9904-€90,207€867-€22,201€52,403€122,942▲ 135%
Profit (loss) for the period to be appropriated9905-€90,207€867-€22,201€52,403€122,942▲ 135%
Line20212022202320242025Change
Assets
Total assets20/58€1.9m€3.2m€5.9m€5.8m€5.9m▲ 2.0%
Fixed assets21/28€1.9m€2.2m€5.3m€5.3m€5.2m▼ 0.7%
Tangible fixed assets22/27€1.9m€2.2m€2.2m€2.2m€2.2m▼ 1.6%
Land and buildings22€1.8m€2.1m€2.1m€2.1m€2.1m▼ 3.2%
Plant, machinery and equipment23€29,422€24,129€17,006€9,830€8,461▼ 13.9%
Furniture and vehicles24€78,196€54,296€96,830€58,995€93,126▲ 57.9%
Financial fixed assets28-€500€3.1m€3.1m€3.1m=
Current assets29/58€28,419€999,609€646,487€548,690€701,243▲ 27.8%
Amounts receivable after more than one year29--€130,450€95,450€145,450▲ 52.4%
Other amounts receivable291--€130,450€95,450€145,450▲ 52.4%
Amounts receivable within one year40/41€12,585€613,299€51,318€23,327€65,289▲ 180%
Trade receivables40€11,629€6,758€32,545€8,656€53,479▲ 518%
Other amounts receivable41€956€606,541€18,773€14,671€11,810▼ 19.5%
Cash at bank and in hand54/58€10,156€362,169€447,643€416,740€480,809▲ 15.4%
Deferred charges and accrued income490/1€5,678€24,141€17,076€13,173€9,695▼ 26.4%
Equity and liabilities
Total equity and liabilities10/49€1.9m€3.2m€5.9m€5.8m€5.9m▲ 2.0%
Equity10/15€371,060€2.8m€2.7m€2.8m€2.9m▲ 4.4%
Contributions10/11€505,000€2.9m€2.9m€2.9m€2.9m=
Reserves13----€20,000-
Distributable reserves133----€20,000-
Profit (loss) carried forward14-€133,940-€133,073-€155,274-€102,871€71▲ 100%
Amounts payable17/49€1.5m€388,966€3.2m€3.0m€3.0m▼ 0.2%
Amounts payable after more than one year17€1.5m€333,333€2.6m€2.4m€2.4m▲ 0.4%
Financial debts170/4€1.5m€333,333€2.1m€1.9m€1.8m▼ 6.1%
Other amounts payable178/9--€496,419€496,419€625,000▲ 25.9%
Amounts payable within one year42/48€86,365€51,542€590,889€580,778€562,395▼ 3.2%
Current portion of amounts payable after more than one year42€26,667€26,667€158,667€158,667€136,953▼ 13.7%
Trade debts44€6,531€4,609€20,780€855€6,147▲ 619%
Suppliers440/4€6,531€4,609€20,780€855€6,147▲ 619%
Taxes, remuneration and social security45€6,838€11,898€11,442€6,465€4,530▼ 29.9%
Taxes450/3€6,838€11,898€11,442€6,465€4,530▼ 29.9%
Other amounts payable47/48€46,330€8,368€400,000€414,791€414,765=
Accrued charges and deferred income492/3-€4,091€6,238€6,787€9,302▲ 37.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€90,207€867-€22,201€52,403€122,942▲ 135%
+ Depreciation and write-downs630€86,850€82,088€94,341€111,123€100,698▼ 9.4%
Operating cash flow (approximation)-€3,357€82,955€72,140€163,526€223,639▲ 36.8%
Investment in fixed assets (approximation)--€343,954-€3.2m-€93,095-€65,613▲ 29.5%
Change in cash-€352,013€85,474-€30,903€64,069▲ 307%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial Highest result since 2020net €122,942 ▲135%
Operating result €235,737, net result €122,942, both a record.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial Back to profitnet €52,403
Net result €52,403 after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
22-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial Back to profitnet €867
Net result €867 after 2 loss-making years.
31-12
Financial Liquidity times 59current ratio 19.39
Current ratio from 0.33 to 19.39; short-term debt falls from €86,365 to €51,542.
31-12
Financial Equity above €2mEq €2.8m ▲644%
Equity rises from €371,060 to €2.8m.
13-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€90,207
Net result drops to -€90,207, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
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, Wavre · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1.7 ha
Building footprint
305 m²
Volume, LiDAR
2,179 m³
Parcel 25006B0416/00S002, Wallonia · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
PROVEGO
Rue d'Angoussart 105, 1301 WavreAgents in the wholesale of furniture, household goods and hardware
since 20202.298.093.712
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25006B0416/00S002 Wallonia 1.7 ha 1 · 305 m² 13.3 m · 2 fl.
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.

Structure & network

Owners and holdings

1 holding · 2 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 2

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of PROVEGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 2,622 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
Founded06-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0740785733
Registered 03-10-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.