Equity
€3,000 ▼ 91.7%
PROVELEC paid out €41,716 in dividends. That is 479% of the 2025 profit.
PROVELEC
Lifetime
3 annual accounts with figures on one time axispeak €28,133 (2025)
€28,133▲ 5.1%
peak €19,481 (2023)
€8,701▼ 35.7%
peak €36,014 (2024)
€3,000▼ 91.7%
€154,055▲ 122%
Board1 name since 2023
1 director
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Result from €13,533 to €8,701Dividend €41,716Equity from €36,014 to €3,000Debts from €69,281 to €154,055Investments €61,697Cash from €24,186 to €9,396
Key points
from the 2025 annual accountsTurnover
≈ €170,000 estimated
The micro format states no turnover.
Debts
€154,055 98% of the balance sheet
Financial debts 64%Suppliers 0%Taxes and wages 4%Other 32%
Of this, €55,184 falls due within a year.
Investments
€115,714 87.1 × depreciation
Green is investment, beige is depreciation.
Starting capital
€3,000 100 shares
Position in the sector
1.9%
Lower solvency than 90% of companies in specialised construction. Sector median 46.8% · 37,271 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,156 companies had the same profile as PROVELEC has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 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 2,156 companies, not a prediction for PROVELEC. 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.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804496125
Incorporation
Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 04-08-2023 · Gazette deed
First establishment
Rue du Taillis 174, Wanze
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROVELEC Wanze | €157,055 | €28,133 | 1.9% | - |
| SIB-BEL Charleroi | €143,148 | €30,092 | 37.3% | - |
| EPC-RENOVATIES Oostkamp | €152,998 | €28,805 | 13.4% | - |
| AC IMMO DEL Binche | €155,167 | €33,259 | 16.7% | - |
| ENDLESS DOORS Kortrijk | €150,044 | €34,719 | 9.4% | 0.1 |
| VDP PROJECTEN Linter | €160,783 | €33,606 | 62.4% | - |
| Schoofs Interieur Heusden-Zolder | €142,090 | €33,885 | 7.7% | - |
These companies have the same main activity as PROVELEC: joinery installation (NACE 43320). They are comparable in size and age: total assets between €142,000 and €161,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 02-08-2023Normal situation
- Activity
- Joinery installationNACE 43320and 2 others
- Establishment unit
- 2.348.286.3614520 Wanze, since 02-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- €157,055▲ 49.2%
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on PROVELEC
PROVELEC files the micro format. That format states no turnover. The gross margin rose from €25,794 in 2023 to €28,133 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
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 PROVELEC
- What is the company number of PROVELEC?
- The company number of PROVELEC is 0804.496.125. The VAT number is the same number with BE in front: BE 0804.496.125.
- Where is PROVELEC based?
- The registered office is at Rue du Taillis 171, 4520 Wanze.Company details
- What does PROVELEC do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of PROVELEC?
- PROVELEC is a private limited company (BV).
- When was PROVELEC founded?
- PROVELEC was founded on 02-08-2023.
- Is PROVELEC still active?
- Yes, PROVELEC is an active enterprise in the KBO register.
- What is the turnover of PROVELEC?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €28,133 and 35 comparable companies (NACE 43320). It probably lies between €120,000 and €280,000.Financials
- Is PROVELEC profitable?
- In financial year 2025, PROVELEC made a profit of €8,701.
- Where can I find the annual accounts of PROVELEC?
- PROVELEC filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROVELEC due?
- PROVELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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