Equity
€25,260 from €247,778 in 2013
Equity fell by 90% in 12 years.
PROVIDENTAL
Lifetime
17 annual accounts with figures on one time axis, 28 filings since 1995peak €130,048 (2012)
-€92,794▼ €93,551
lowest -€200,131 (2025)
-€200,131▼ €180,156
peak €247,778 (2013)
€25,260▼ 88.8%
€491,894▲ 19.6%
peak 3 FTE (2012)
-not published
Documentsfilings and deeds
15-10-202676 days late
2025abbreviated format
Gross margin from €758 to -€92,794Loss of €200,131Equity from €225,391 to €25,260Debts from €411,232 to €491,894Investments €1,772Cash from €6,871 to €9,255
Key points
from the 2025 annual accountsLosses
-€224,466 in six years
Every financial year from 2020 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€491,894 95% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Investments
€1,772 3.1 × depreciation
Green is investment, beige is depreciation.
Filings
28 annual accounts 76 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€200,131
Lower net result than 95% of companies in wholesale trade. Sector median €26,728 · 9,878 companies.
Turnover not published (abbreviated or micro format)Net result -902%: other schema
Checked score
50
Fair
Financially stronger than 9% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.3%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 1.0%▲ +0.3 percentage points vs 09-2025
11-2025: 0.5%▼ -0.5 percentage points vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.4 percentage points vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026
10-2026: 2.4%▲ +1.4 percentage points vs 09-2026highest value
11-2026: 2.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €200,131, the second in a row (financial year 2025)
Last filed accounts filed 76 days late; 2 of the last 3 accounts late
Equity €25,260 (4.9% of total assets)
lowers risk
Size: total assets €517,153
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 20% of them on solvency, 5% on liquidity, 6% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 540 companies had the same profile as PROVIDENTAL has now. Each dot stands for 2 companies, two years later.
85.7%
were still trading
8.3%
stopped another way
5.2%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PROVIDENTAL itself: 2.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 540 companies, not a prediction for PROVIDENTAL. 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
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.94 (1.42 in 2024), below 1. Short-term debt is 95.1% and cash 1.8% of total assets. 95.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€200,131
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 9902 sector peers (2025).
NBB · sector comparisonPosition among 9902 sector peers
Solvency
better than 15%
← weakest
strongest →
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
76 days late
2024
61 days late
2023
30 days late
2022
67 days late
2021
89 days late
2020
90 days late
2019
118 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 76 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0450429990
Registered office moved within Antwerp
New registered office: Muizenstraat 12a, 2060 Antwerpen · Previous registered office: Muizenstraat 13, 2060 Antwerpen · Board meeting of 25-10-2021 · Gazette deed
First establishment
PROVIDENTAL BVBA, Muizenstraat 12, Antwerp
Incorporation
published on 20-07-1993 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PROVIDENTAL Antwerp | €517,153 | -€92,794 | 4.9% | - |
| Humanas Tremelo | €412,637 | -€24,973 | 92.6% | - |
| CM ORTHOPAEDIC Kalmthout | €371,439 | -€699 | 7.5% | 0 |
| CAEX Putte | €270,481 | -€2,676 | -326.2% | - |
| De Bruyne Instruments Wichelen | €337,992 | -€16,335 | 51.2% | - |
| FETON Uccle | €806,088 | -€8,043 | 98.6% | - |
| AB2 Etterbeek | €278,131 | -€4,688 | 55.4% | - |
These companies have the same main activity as PROVIDENTAL: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €270,000 and €806,000, founded between 1987 and 1998.
Official details
Source: KBO- Status
- Active since 25-06-1993Normal situation
- Activity
- Wholesale of pharmaceutical and medical goodsNACE 46460
- Establishment unit
- 2.062.818.3312060 Antwerp, since 09-07-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Insights on PROVIDENTAL
PROVIDENTAL files the abbreviated format. That format states no turnover. The gross margin fell from €21,665 in 2006 to -€92,794 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 PROVIDENTAL
- What is the company number of PROVIDENTAL?
- The company number of PROVIDENTAL is 0450.429.990. The VAT number is the same number with BE in front: BE 0450.429.990.
- Where is PROVIDENTAL based?
- The registered office is at Muizenstraat 12a, 2060 Antwerp.Company details
- What does PROVIDENTAL do?
- According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
- What is the legal form of PROVIDENTAL?
- PROVIDENTAL is a private limited company (pre-2019) (BVBA).
- When was PROVIDENTAL founded?
- PROVIDENTAL was founded on 25-06-1993.
- Is PROVIDENTAL still active?
- Yes, PROVIDENTAL is an active enterprise in the KBO register.
- How many employees does PROVIDENTAL have?
- PROVIDENTAL had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PROVIDENTAL?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
- Is PROVIDENTAL profitable?
- In financial year 2025, PROVIDENTAL made a loss of €200,131.
- Where can I find the annual accounts of PROVIDENTAL?
- PROVIDENTAL filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROVIDENTAL due?
- PROVIDENTAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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