PROVIRON FUNCTIONAL CHEMICALS
ActiveSummary
PROVIRON FUNCTIONAL CHEMICALS has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.2m and a net result of -€452,374. Equity has been growing by about 5.8% per year since 2018. Its solvency ranks better than 30% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 21-12-1995 Normal situation
- Activity
- Manufacture of chemicals and chemical products NACE 20140and 5 others
- Joint committees
- 207 Paritair Comité voor de bedienden uit de scheikundige nijverheid
- 116 Paritair Comité voor de scheikundige nijverheid · annual accounts 2025
- Establishment unit
- 2.180.113.206 8400 Oostende, since 16-07-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2025
Board and ownership
- Wim MichielsChair
- Mark MichielsDirector · since 24-05-2023
- PROVIRON HOLDING100%2025 annual accounts of PROVIRON HOLDING
- PROVIRON CAPITAL2025 annual accounts of PROVIRON CAPITAL
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Turnover
- €66.7m
- ▼ 1.6%
- Loss
- €452,374
- Equity
- €19.2m
- ▼ 2.3%
- Total assets
- €54.0m
- ▼ 7.7%
- Employees on 31-12-2025
- 159
- ▼ 7.0%
Score breakdownraises riskLiquidity: current ratio 0.73, cash €65,416, halvedLoss of €452,374 (financial year 2025)lowers riskFounded in 1995Size: turnover €66.7m, 158 FTE, total assets €54.0mShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 20, medium-sized). It does better than 28% of them on solvency, 17% on liquidity, 32% on profitability and 36% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €1.9m in 2024 -€452,374 View
- Caution: Lower net result than 86% of companies in chemicalssector median €461,868 · 318 companies -€452,374 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Flemish supportawarded from 2022 to 2025 €231,230 View
Recent changes
- · Gazette deed Reappointments: Wlm Michiels, Mark Michiels and Wim MichielsPermanent representative: Iris Carsau
- · Gazette deed Appointment: BDO BEDRIJFSREVISOREN-BDO REVISEURS D’ENTREPRISES (statutory auditor)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as PROVIRON FUNCTIONAL CHEMICALS: manufacture of chemicals and chemical products (NACE 20140). They are comparable in size and age: total assets between €27m and €107m, founded between 1981 and 2004.
| Company | Total assets | Turnover |
|---|---|---|
| PROVIRON FUNCTIONAL CHEMICALS Oostende | €54.0m | €66.7m |
| Aminolabs Belgium Hasselt | €46.2m | €60.8m |
| LONZA VERVIERS Verviers | €79.6m | €96.4m |
| integrated DNA technologies Leuven | €27.4m | €57.2m |
| INEOS FELUY Seneffe | €54.2m | €68.7m |
| Signode Belgium Virton | €107.4m | €121.4m |
| GENENCOR INTERNATIONAL Brugge | €61.5m | €40.3m |
Key facts about PROVIRON FUNCTIONAL CHEMICALS
- What is the company number of PROVIRON FUNCTIONAL CHEMICALS?
- The company number of PROVIRON FUNCTIONAL CHEMICALS is 0456.889.301. The VAT number is the same number with BE in front: BE 0456.889.301.
- Where is PROVIRON FUNCTIONAL CHEMICALS based?
- The registered office is at Oudenburgsesteenweg 100, 8400 Oostende.Company details
- What does PROVIRON FUNCTIONAL CHEMICALS do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20140).
- What is the legal form of PROVIRON FUNCTIONAL CHEMICALS?
- The legal form of PROVIRON FUNCTIONAL CHEMICALS is Public limited company (NV).
- When was PROVIRON FUNCTIONAL CHEMICALS founded?
- PROVIRON FUNCTIONAL CHEMICALS was founded on 21-12-1995.
- Is PROVIRON FUNCTIONAL CHEMICALS still active?
- Yes, PROVIRON FUNCTIONAL CHEMICALS is an active enterprise in the KBO register.
- How many employees does PROVIRON FUNCTIONAL CHEMICALS have?
- PROVIRON FUNCTIONAL CHEMICALS had an average of 158 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does PROVIRON FUNCTIONAL CHEMICALS fall under?
- In its 2025 annual accounts, PROVIRON FUNCTIONAL CHEMICALS states joint committees 207 (Paritair Comité voor de bedienden uit de scheikundige nijverheid) and 116 (Paritair Comité voor de scheikundige nijverheid).
- What is the turnover of PROVIRON FUNCTIONAL CHEMICALS?
- The turnover of PROVIRON FUNCTIONAL CHEMICALS was €66.7m in financial year 2025, according to the filed annual accounts.
- Is PROVIRON FUNCTIONAL CHEMICALS profitable?
- In financial year 2025, PROVIRON FUNCTIONAL CHEMICALS made a loss of €452,374.
- Where can I find the annual accounts of PROVIRON FUNCTIONAL CHEMICALS?
- PROVIRON FUNCTIONAL CHEMICALS filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PROVIRON FUNCTIONAL CHEMICALS due?
- PROVIRON FUNCTIONAL CHEMICALS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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